Business
IBM cuts 3,900 jobs, misses annual money purpose
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Chief Financial Officer James Kavanaugh told Reuters that the company was still “committed to hiring for client-facing research and development…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
“Under my leadership, Cong purchased 135 seats,” DKS
“Under my leadership, Cong got 135 seats,” DKS
Business
‘India, Russia settling some non-oil trade in Re’
‘India, Russia settling some non-oil trade in Re’
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