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Citi cuts over 300 manager roles in latest restructuring

CITIGROUP IS ELIMINATING more than 300 senior manager roles as part of CEO Jane Fraser's efforts to simplify the Wall Street giant.

Argentina elects fiery right-wing populist Javier Milei as president

ARGENTINA ELECTED RIGHTWING libertarian Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty.

OpenAl interim CEO vows to investigate Altman's firing

Microsoft stock hits all-time high

Jio Fin in talks for maiden bond issue

JIO FINANCIAL SERVICES is in early talks with merchant bankers for its maiden bond issue, four bankers told Reuters on Monday.

Fintech customers may shift to banks, NBFCs after rate hike

Firms that lack diversity in debt capital structure to be more affected

LTTS ties up with Nvidia for GenAI

L&T TECHNOLOGY SERVICES (LTTS) has signed a partnership with Nvidia to develop software-defined architecture for medical devices focused on endoscopy (a test to look inside one's body), which will enhance the image quality and scalability of products.

Greaves Electric gears up for new product launches

After refunding FAME subsidy a month ago

RCap must keep an arm's length from IndusInd: RBI

Clears appointment of 5 Hinduja Group representatives as directors

Wider pipeline to send essentials

41 workerstrapped under tunnel debris since November 12

Diwali in Telangana again this year if BJP wins: Shah

UNION HOME MINISTER Amit Shah addressed a public rally in Korutla on Monday afternoon, giving a shot in the arm to BJP MP Arvind Dharmapuri, who is contesting from the Korutla Assembly seat.

States unlikely to utilise ₹1.3-trn capex loan in full

GOING BY THE trends so far, states are likely to be able to utilise around ₹1 trillion from the Centre's ₹1.3 trillion 50-year interest-free capex loans facility for the current financial year.

Net exports likely a growth push in Q2 despite drop in goods shipment

NET CONTRIBUTION OF India's foreign trade to its gross domestic product (GDP) may have been positive in the July-September quarter of this fiscal, despite merchandise exports shrinking in the period on a year-onyear basis, economists said.

Rising cost of imported coal may impact power tariffs

GLOBAL COAL PRICES, which were trading at a lower range in the first half of the current financial year, are likely to see a spurt in the second half, likely having an impact on domestic e-auction prices of the fuel as well.

Religare board rallies behind Rashmi Saluja

THE BOARD OF directors of Religare Enterprises (REL) has firmly backed executive chairperson Rashmi Saluja and the management against charges of insider trading, terming they were raised by \"certain people with vested interests\"

Surprised at investor interest in F&O: Buch

SECURITIES AND EXCHANGE Board of India (Sebi) chairperson Madhabi Puri Buch on Monday came down hard on retail investors dabbling in the future and options (F&O) market.

Leading brands lend a shoulder to Men in Blue

INDIA'S HEARTBREAKING LOSS to Australia in the Cricket World Cup final on Sunday has prompted an outpouring from brands in support of the Men in Blue.

OpenAl statt revolt, want board to quit

600 of 770 threaten to resign employees

India remains a 4G country

A YEAR AFTER the launch of 5G services, Reliance Jio and Bharti Airtel together may have notched up a subscriber base of around 125 million, but are still unable to recoup their investments.

Delhi Air Quality Better But Need To Stay Vigilant: Environment Minister

EMPHASISING ON THE need to maintain better air quality level in the city, Delhi environment minister Gopal Rai on Sunday urged people to be careful and continue to follow the rules as stages I, II, and III of Graded Response Action Plan (GRAP) are still in place.

Bhujbal steps up OBC play to regain ground

CHHAGAN BHUJBAL, WHO was arrested by the Enforcement Directorate (ED) in March 2016 and spent over two years in jail in connection with a money laundering case, has since struggled to overcome this setback.

Ad spends may hit ₹1 trn by 2023-end

WORLD CUP, FESTIVE SEASON BOOST

Withhold aid to Pakistan, US lawmakers urge Biden admin

A GROUP OF 11 influential US lawmakers have urged the Biden administration to withhold future assistance to Pakistan until Islamabad restores constitutional order and holds free and fair elections, it emerged on Sunday.

Health workers evacuate 31 babies from Gaza hospital

A WHO team that visited the hospital said 291 patients were still there

Healthcare embraces Al in cloud

Apollo Hospitals and Indira IVF see better patient outcomes

Revving up Bharat (BH) series numberplates

Removing roadblocks will be key to success

A new flight plan

Who stands to gain what from the IndiGo-Mokobara collaboration

Marginal drop in CIRP cases admitted in Q2

THE NUMBER OF cases admitted for the Corporate Insolvency Resolution Process (CIRP) declined marginally in the second quarter of this fiscal to 232 cases as against 247 in Q1, according to the latest data from the Insolvency and Bankruptcy Board of India (IBBI).

Fintech loan disbursals may slacken

LENDING PARTNERS MAY BE UNABLE TO PROVIDE CAPITAL AT LOW COST

IT firms bank on sales staff in tough market

Reduction in sales employees count slower than tech

After 15 buyouts in a year, Samvardhana Motherson gears up for more expansions

HAVING COMPLETED 15 acquisitions in 12 months, Samvardhana Motherson International (SAMIL), India's largest automotive component manufacturer, is gearing up for more buyouts that could surpass its previous endeavours.