DHL will Halt More Than $800 International Shipments to US Customers
All shipments over $800 are now subject to formal entry procedures under the updated rules. Prior to its reduction on April 5, the threshold was $2,500.
The State Cabinet Approved the Tamil Nadu Space Industrial Policy for 2025
According to Raja, the Tamil Nadu Cabinet on 18 April approved the Tamil Nadu Space Industrial Policy 2025, a daring plan to propel the state into the high-orbit economy of advanced manufacturing and space technology.
Infosys Fires 240 More Trainees for Failing the Test
Through NIIT and UpGrad, Infosys is providing free upskilling classes to those who are impacted. The layoffs occur while Infosys manages a low level of demand.
The 17-Month-Old Grandson of Narayana Murthy will Receive INR 3.3 Crore in Dividends from Infosys
Rohan Murthy, Sudha Murty's son, and his wife, Aparna Krishnan, are the parents of Ekagrah. He owns 15 lakh Infosys shares, or 0.04% of the company. When he was four months old, Narayana Murthy gave him these shares.
Vodafone Idea Network Issue: The Vi Server Down
A complete blackout has been reported by several Vi users, who report that they were unable to access any network services. After midnight, more than 1880 reports about Vodafone Idea network issues were displayed by Downdetector, which monitors such outages.
BluSmart is Now Known as Uber Green
Images of BluSmart taxis being rebranded as Uber Green have recently been made public from Bengaluru. Gensol Engineering-owned BluSmart is presently in negotiations with Uber's Indian division to lease out between 800 and 1,000 of its electric vehicles as Uber Green taxis.
Zopper, Backed by Elevation Capital, Let Go 100 Employees
The startup laid off about 20 members of the engineering and product teams earlier this year, making this the second round of layoffs from these teams. According to the sources, it also fired its whole 40-person insurance staff early this year.
EaseMyTrip Denounces Connections to the Mahadev Betting App Following ED Raids
According to a corporate spokeswoman, EaseMyTrip is entirely committed to working with the authorities during the inquiry, even though the company has no direct or indirect affiliation with the Mahadev Betting App or any other betting platform.
Introducing the Tata Neu SBI Credit Card Loaded with Many Features
By offering NeuCoins as rewards, both cards seek to provide a high-end buying experience. With the Tata Neu Plus SBI Card, cardholders can earn up to 7% in rewards, while with the Tata Neu Infinity SBI Card, they can earn up to 10%.
200 Workers are Fired by US Mortgage Giant Fannie Mae, Primarily Associated with Telugu Groups
Allegedly, at least 200 Indian-American workers were let go for working with Telugu groups to misuse Fannie Mae's matching grants programme.
In Trade Negotiations, India Thinking of Eliminating Import Tariff on US LPG and Ethane
This move is intended to increase fuel imports from the US and is consistent with India's plan to remove import duties on US liquefied natural gas (LNG).
Hindustan Unilever Faces Legal Action from Mamaearth Parent Over Lakme Advertisement
A recent Lakme campaign called "SPF Lie Detector Test" unfairly criticises rival goods, including one that closely resembles a sunscreen from The Derma Co, another Honasa brand, according to a case filed before the Delhi High Court by Honasa.
Vijay Shekhar Sharma Gives Up 2.1 Crore Paytm Shares Valued at INR 1,800 Crore
This action came months after the Securities and Exchange Board of India (SEBI) had sent him show-cause notices for breaking the rules governing the granting of share-based employee benefits.
New UPI Regulation: Govt. Plans to Implement GST on Transactions Over INR 2,000
Since UPI is now widely used in daily life, from paid professionals to street vendors, people across the country are alarmed by this proposed change. If put into effect, this new UPI rule would significantly impair regular digital payments.
Confirmation of May Layoffs at Goldman Sachs with an Average Severance Pay of $80,000
As it was previously reported in the media, Goldman plans to reduce its workforce by 3-4% in Q2, which translates to approximately 1,900 job losses. According to reports, Goldman is urging other VPs and managing directors (MDs) to relocate to less expensive areas like Salt Lake City.
Swiggy Introduces 'Pyng' App to Address 'Unmet Demand' for Expert Services
Customers will be able to connect with verified professionals through the app, such as financial advisers, astrologers and spiritual experts, event planners and entertainers, travel and leisure specialists, education and skill trainers, and health and wellness specialists.
To Fill the Gap in Green Financing, TapFin Introduces GoGreen Capital
According to a release from TapFin, "GoGreen Capital will offer leasing solutions, business loans, and commercial asset loans that are specific to the clean mobility, battery, and solar ecosystems."
A New Code of Conduct Introduced by the India Influencer Governing Council
According to the document, the framework will also try to safeguard responsible content creation, safeguard consumer interests, encourage equity in influencer marketing, and stop harmful or deceptive messages.
Jaipur Resort Receives INR 2.66 Crore "Wrong" GST Notice, Lodges Formal Complaint Against OYO
The complainant claims that OYO gave "inaccurate information" that led to the notices. The FIR cites a number of people in addition to OYO and Agarwal for criminal conspiracy, forgery, cheating, and criminal breach of trust under the Bharatiya Nyaya Sanhita (BNS).
Dr. Reddy's reduces Staffing Costs by 25%, Let Go Employees
According to the report, numerous senior officials, including numerous workers who make more than INR 1 crore a year, have been asked to step down.
Foxconn Plans to Build its First Facility in North India on 300 Acres of Land in Greater Noida
The business is purportedly interested in a 300-acre tract of land along the Yamuna Motorway, according to a media outlet that reported on the 14th. The plant would be Foxconn's first presence in North India and might even be bigger than its next location in Bengaluru.
BluSmart Intends to Discontinue its Taxi Services
Nearly six years have passed since the EV ride-hailing firm first joined the market in 2019. A plan to start moving BluSmart's current fleet to Uber in the coming weeks has been authorised by the company's owners.
Cred Seeking New Funding as Valuation Falls 30% to $4 Billion
The startup established by Kunal Shah would be valued down at about $4 billion in the acquisition, compared to $6.4 billion three years prior. The Singapore state fund GIC, which spearheaded the last infusion in 2022, is probably going to lead this financing.
In India, Apple Assembles iPhones Valued About $22 billion
About 20% of all iPhones made worldwide are currently made in India, where production of the device increased by about 60% in the past year, according to the report. This effort follows India's PLI programme, which has been instrumental in drawing in large international electronics firms.