Career and Business News Updates

First time in history, this Company has cut the salary of employees

Business News

First time in the history of the country, the Tata group has started deducting the salary of their employees amid loss due to COVID-19. Tata Sons has started cutting the salaries of employees to reduce costs. CNBC-TV18 reported that Tata Sons ...

HP & IBM Lay-off Thousands of Employees Globally

Business News 1

HP & IBM Lay-off - Both the companies have joined the league of companies who have started firing employees. IBM lay-off thousands of employees globally due to Covid-19 business impact. Country wise data is not yet available. They even did ...

No More Compulsory Wage Payment to Employees

Business News

There is No More Compulsory Wage Payment to Employees - Government has announced that there will not be any compulsion on the private companies to pay the wage for the lockdown period to employees. Government has also withdrawn its March 29 circular ...

Google’s CEO Sundar Pichai Earned Rs 6 crore Per Day in 2019

Business News

Google & Alphabet CEO Sundar Pichai earned Rs 2145 Crore in 2019 as salary. He is among the highest-paid executives in the world. In 2019, Pichai's annual compensation was $281 million which is equivalent in INR to Rs 2,145 crore. This is ...

Know the Concept – How can crude oil prices be negative ?

Business News

Oil Prices are trading at virtually $0 (Zero Dollar) and this price was hardly a surprise after coronavirus lockdowns hit demand. The historical Oil price of lifetime was seen at WTI market when futures contract for US benchmark West Texas ...

Bank of America Predicts recession, warns about Jobs loss

Business News

Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it’s already here. The firm sees a trough in April, followed by a “very slow return to growth thereafter with the economy feeling somewhat ...

SBI Plans FIR Over leaked clip of FM Pulling SBI Chairman

Business News

A day after a controversy erupted over finance minister Nirmala Sitharaman pulling up SBI executives led by chairman Rajneesh Kumar, the country’s largest lender said it was initiating action — including lodging an FIR — against “mischievous ...

RBI Launches New Prepaid eWallet for Daily Retail Payments

Business News

RBI introduces new Prepaid Payment Instrument for daily grocery cum small retail payments - Reserve Bank of India (RBI) has introduced a new payment method for digital transaction of small value retail payments like grocery, local shops etc. The ...

RBI Refund Rules For Paytm, PhonePe or other Mobile eWallets

Business News

Now Getting Refund from PayTm, PhonePe, Freecharge, Mobikwik etc will be easier - Reserve Bank of India (RBI) has set up new rules for unauthorized or fraudulent transactions take place on mobile ewallets like Paytm, PhonePe, Freecharge etc or any ...