Read more about the article EPAM Expands Workforce in India, Plans to Hire 400 More by Q1 2025
Business / Technology

EPAM Expands Workforce in India, Plans to Hire 400 More by Q1 2025

EPAM, a digital transformation company based in the US, has opened its third office in Pune, India, marking another step in expanding its operations in the country. This new office follows the company's earlier expansions in Bengaluru and Chennai. EPAM's workforce in India has grown to nearly 9,600 employees. The Pune office will focus on offshore development centers, serving clients in industries such as banking and financial services. EPAM expects to continue growing in India and aims to have 10,000 employees by Q1 2025.

By Avi G
December 5, 2024
Read more about the article Airlines Face 30% Surge in Spare Part Costs Amid Ongoing Supply Chain Chaos
Business / Science / Technology

Airlines Face 30% Surge in Spare Part Costs Amid Ongoing Supply Chain Chaos

Airlines are facing higher costs and delays due to ongoing supply chain issues, which are impacting their ability to meet sustainability goals and provide smooth service. Although passenger traffic has bounced back, shortages in spare parts and longer maintenance times are forcing airlines to keep older planes longer and reduce some services. These challenges are pushing up costs and leading to market share losses, with more delays expected for at least two more years.

By Avi G
December 5, 2024
Read more about the article Why Companies Are Leaving West Bengal: 2,227 Firms Relocate Between 2019-2024
Business / Politics

Why Companies Are Leaving West Bengal: 2,227 Firms Relocate Between 2019-2024

Over 2,200 companies moved their registered offices out of West Bengal to other states between 2019 and 2024. This includes 39 listed companies. The main reasons for these moves were easier operations, cost savings, and better control over management. Experts point out that poor infrastructure and complicated regulations are pushing businesses to leave, and they say Bengal needs to make changes to keep up with more business-friendly states like Gujarat and Maharashtra.

By Vishal Kumar
December 5, 2024
Read more about the article ED Nabs 2 CAs and Crypto Trader in ₹640 Crore Money Laundering Case
Business / Technology

ED Nabs 2 CAs and Crypto Trader in ₹640 Crore Money Laundering Case

Two chartered accountants (CAs) and a cryptocurrency trader were arrested in a ₹640 crore cyber fraud case. The Enforcement Directorate (ED) carried out searches at several locations, recovering ₹47 lakh in cash, important documents, and crypto assets. The fraud involved betting, gambling, part-time jobs, and phishing scams, with the money being transferred through over 5,000 Indian bank accounts to a payment platform based in the UAE.

By Vishal Kumar
December 4, 2024
Read more about the article FSSAI Issues New Guidelines for E-commerce Food Sellers: Ensuring Safety and Authenticity
Business / Science / Technology

FSSAI Issues New Guidelines for E-commerce Food Sellers: Ensuring Safety and Authenticity

The FSSAI has told e-commerce platforms to make sure the food products they sell match the claims on their labels and follow safety and quality rules. The guidelines focus on training staff on food safety and delivery, following labelling laws, and being clear about FSSAI licenses and product shelf life. These steps are meant to build consumer trust and ensure the authenticity of food sold online.

By Vishal Kumar
December 4, 2024
Read more about the article Suzlon Wins 302.4 MW Wind Power Deal to Fuel Green Steel Production
Business / Technology

Suzlon Wins 302.4 MW Wind Power Deal to Fuel Green Steel Production

Suzlon Energy Limited has secured a 302.4 MW wind power project with Jindal Renewables in Karnataka. This expands their partnership to a total of 702.4 MW. The project will supply energy for steel plants in Chhattisgarh and Odisha, supporting sustainability goals. Suzlon’s total order book now includes 56% from commercial and industrial customers. The project is aligned with India’s renewable energy targets for 2030.

By Avi G
December 4, 2024
Read more about the article Dead Foetus Mistakenly Sent to Lucknow Airport, Sparks Panic
Business / Science / Technology

Dead Foetus Mistakenly Sent to Lucknow Airport, Sparks Panic

A seven-month-old dead foetus was mistakenly sent to Lucknow airport instead of being transported by road to Mumbai, causing confusion. News outlets initially reported it as an infant's body. Police later clarified that the foetus was part of an IVF case and was being sent for testing. The error was blamed on the courier company, and no criminal charges were filed.

By Avi G
December 4, 2024
Read more about the article Pension Assets Hit $63 Trillion in 2023, OECD Pushes for Smarter Investments
Business / Politics / Science

Pension Assets Hit $63 Trillion in 2023, OECD Pushes for Smarter Investments

The OECD is pushing for changes to make pension systems more inclusive and resilient. Its "Pensions Outlook 2024" report highlights the growth of pension funds, stresses the need for smart investment choices, and urges action to fill coverage gaps, especially for self-employed workers. The report also calls for flexible solutions, better financial education, and easier access to retirement income, with a focus on clear regulations and consumer protections.

By Avi G
December 4, 2024
Read more about the article Bihar’s Booming Food Processing Sector: ₹50,500 Crore MoUs Signed
Business

Bihar’s Booming Food Processing Sector: ₹50,500 Crore MoUs Signed

Bihar is becoming an important place for food processing investments. At a recent event in Patna, Union Minister Chirag Paswan talked about the state's growing potential and improvements in infrastructure. In 2023, Bihar signed agreements worth ₹50,500 crore, with food processing being a major focus. The state's business events have brought in big investments and strong industry participation.

By Avi G
December 3, 2024

End of content

No more pages to load

Newer Posts
Older Posts