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IndiaTV Business: Google News Feed: Digest for November 18, 2022

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Table of Contents

Twitter now lays off over 4,000 contractual workers: Report

Monday 14 November 2022 02:20 AM UTC+00
After firing about 50 per cent of Twitter workforce, or about 3,800 employees, Elon Musk has reportedly laid off at least 4,400 contractual workers at the company.
Twitter boss Elon Musk has apologised for social media platform's App "being super slow" in many countries and announced that organizations on Twitter will be able to identify associated accounts.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Twitter boss Elon Musk has apologised for social media platform's App "being super slow" in many countries and announced that organizations on Twitter will be able to identify associated accounts.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.

What's happening at bankrupt crypto exchange FTX? EXPLAINED

Monday 14 November 2022 06:31 AM UTC+00
FTX bankruptcy news: The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.
The Karnataka High Court on Thursday reserved its judgement on Chinese technology firm Xiaomi's plea in  FEMA case. Electronic device manufacturer firm challenged the order passed by the Enforcement Directorate (ED), seizing Rs 5,551 crore in its bank accounts for alleged violation of FEMA rules.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.
The Karnataka High Court on Thursday reserved its judgement on Chinese technology firm Xiaomi's plea in  FEMA case. Electronic device manufacturer firm challenged the order passed by the Enforcement Directorate (ED), seizing Rs 5,551 crore in its bank accounts for alleged violation of FEMA rules.
FTX bankruptcy news: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges. He lived with the FTX founder along with 9 others.

Retail inflation falls to 6.77 pc in October: Govt data

Monday 14 November 2022 12:23 PM UTC+00
Retail inflation dropped to 6.77 per cent in October from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row, according to the government data released on Monday.
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces.
The US has ordered Tata-group-owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.
Twitter: Elon Musk has posted a picture with two men who faked being fired from Twitter after his takeover. He shared the picture on Twitter late Tuesday night with Rahul Ligma and Daniel Johnson and wrote: "Welcoming back Ligma & Johnson!"
Amazon has begun the process of laying off 10,000 of its employees, which is nearly 3 per cent of the total workforce. According to a report with the Washington Post, Amazon employees were called into meetings with their managers across the country on Tuesday. 
The 2016 demonetisation was a "well-considered" decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion, the Union government has told the Supreme Court.
Amazon begins layoffs: Amid rising concerns over the wider economic environment, Amazon has started mass layoffs in its corporate ranks. It also followed Twitter and Meta's suits, becoming the latest tech company to trim its workforce. 
Elon Musk, the new Twitter boss who has taken many controversial calls ever since he's come on board, has sent a letter to his staff giving them an ultimatum to deliver hardcore performance or leave the company.
The Karnataka High Court on Thursday reserved its judgement on Chinese technology firm Xiaomi's plea in  FEMA case. Electronic device manufacturer firm challenged the order passed by the Enforcement Directorate (ED), seizing Rs 5,551 crore in its bank accounts for alleged violation of FEMA rules.
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