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Elon Musk has announced the new CEO of Twitter. However, the new CEO is none other than his pet Fl...
An American multinational technology corporation, IBM has sued a former top Thai executive for accep...
Income Tax IT officials have searched the BBC Delhi and Mumbai offices today. The income tax offic...
AI-driven chatbot, ChatGPT is a conversational interface that can understand natural (i.e., human) language input and reply automatically. The dialogue format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests. ChatGPT is a sibling model to InstructGPT, which is trained to follow the instructions in a prompt and […]
A Couple in Gurugram has recently lost their Jobs for abusing and torturing their 17 years old minor domestic help. The domestic help was based out of Ranchi in Jharkhand and she was hired through a placement agency. The police arrested Manish Khattar and his wife Kamaljeet Kaur. Manish Khattar was arrested immediately but Kamaljeet Kaur was […]
In January 2023 Microsoft announced to sack 11,000 employees worldwide due to the global economic slowdown. An IIT graduate took to Twitter to share his post about being laid off by Microsoft. Koustuv Saha shared a tweet, “I am laid off from @MSFTResearch MTL. It hasn’t quite sunk in, but it has hit my confidence to lose […]
Google Employees of the technology company said that CEO Sundar Pichai is ridiculed for Rushing Bard’s AI Chatbot Announcement. Messages float on an internal message forum Recently, Some Google employees are upset with the way the company has announced its AI chatbot Bard as a competition of ChatGPT. CEO Pichai made the announcement through a blog […]
According to business today, Infosys co-founder Kris Gopalakrishnan has said that layoffs aren’t desirable, but can’t be avoided. Infosys co-founder Kris Gopalakrishnan said the statement at the All Summit 2023 by Great Place to Work. However, the layoffs have been disheartening. The IT industry currently employs 5 lakh people. The industry has been continuously adding […]
In the recent Rajasthan Budget 2023, Chief Minister Ashok Gehlot read the old budget speech for 7 minutes inside Assembly. The CM was interrupted by Congress minister Mahesh Joshi and was stopped for reading the budget. Due to this incident, The Assembly got adjourned for 30 minutes after this incident occurred. The incident faced a […]
According to a mint report, IT services companies are to layoff 2500 freshers for failing screening tests. Recently, the top two IT-Major have sacked 1052 employees who failed to qualify for the internal tests. However, this is an indicator that there are concerning headwinds in the coming quarters. According to reports, the layoffs will be […]
Even after many companies like Google and Amazon are laying off many employees, Webandcrafts awards its oldest employee with a luxury car. A global IT solutions company Webandcrafts has awarded the luxury Mercedes-Benz car to its invaluable employee. Founder and CEO Abin Jose Tom said, “Our employees are the backbone of our company and we are […]
Nokia today announced that it will extend manufacturing PON optical line terminals (OLTs) at its factory in Sriperimbudur near Chennai, India. The decision comes in response to increasing demand from local customers in India, as well as international markets. Shifts in consumer behavior, from home working to data-rich entertainment services, are driving demand for broadband. […]
The major companies laid off employees including Infosys, Amazon, Google, Microsoft, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. According to trueup.io, so far in 2023, Stay up-to-date on the latest layoffs across big tech, tech unicorns, and startups. So far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,056 people per day). In 2022, […]
Earlier, Hon’ble Finance Minister, Smt Nirmala Sitharaman had announced an outlay of INR 1.97 Lakh Crores for the Production Linked Incentive- PLI Scheme across 14 key sectors, to create national manufacturing champions and to create new jobs. The sectors included automobiles and auto components, white goods, pharma, textiles, food products, high-efficiency solar PV modules, advanced chemistry cells […]
The health of the Indian Banking sector, the Reserve Bank of India (RBI) recently raised the repo rate by 25 basis points to 6.5% from 6.25%. The announcement was made by the Governor of Reserve Bank of India Shaktikanta Das. What is RBI raises Repo Rate (RR)? Repo Rate (RR) is the rate at which the Reserve […]
