Visa to reduce workforce by 7% amid intensified focus on efficiency.
Visa is planning to reduce its workforce by 7%, equating to around 2,600 jobs, according to a statement from a company spokesperson on…
India can reduce chipmakers’ expenses by more than 10%, according to the head of the Semiconductor Mission.
India is poised to provide semiconductor firms with cost reductions exceeding 10% compared to their current global sites, according to Amitesh…
Indian Gas Exchange submits IPO application as parent company IEX aims to reduce its stake.
Indian Gas Exchange (IGX) has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an…
Collaborative rocket launches reduce costs—but they may also have financial drawbacks for satellite companies.
The cost of launching satellites has plummeted due to shared rocket missions. However, as the commercial space sector expands, there is a…
British American Tobacco to Reduce Workforce by 20% Through Outsourcing by Year’s End
British American Tobacco Plc is set to reduce its global workforce of 47,000 by approximately 20% as part of a comprehensive strategy aimed at…
Avataar, supported by Peak XV, unveils new AI model Varya; CEO claims it will reduce video production costs by 27 times.
Backed by Peak XV, Avataar.ai has unveiled a groundbreaking AI video generation model named Varya, boasting an impressive 14-billion…
Zoho’s Nathu La server, developed in India, aims to reduce AI and data center expenses.
Zoho, the software company, has officially entered the hardware market with the introduction of Nathu La, a server platform designed in India…
Indians Increasingly Opt for Travel Insurance and Reduce Overseas Trip Cancellations
As flight disruptions, geopolitical tensions, and health concerns make international travel increasingly unpredictable, experts indicate a…
EPFO to Introduce WhatsApp Services for PF Users to Reduce Court Cases and Enhance Support
The Employees’ Provident Fund Organisation (EPFO) is ramping up efforts to decrease the litigation backlog in consumer courts, while also…
Hotel sector experiences rise in domestic tourism following Modi’s appeal to reduce foreign travel expenses.
Leaders in the hospitality industry believe that Prime Minister Narendra Modi’s call for moderation in international travel and discretionary…