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IndiaTV Business: Google News Feed: Digest for November 23, 2022

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Table of Contents

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.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
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.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
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.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.
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.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.
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.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.

Rasna founder Areez Pirojshaw Khambatta passes away at 85

Tuesday 22 November 2022 12:13 PM UTC+00
Areez Pirojshaw Khambatta, the founding chairman of the popular drink Rasna, passed away in Ahmedabad due to a cardiac arrest, the company said on Monday. The 85-year-old industrialist, who was suffering from a prolonged illness, passed away on November 19. He is survived by his wife Persis, and children Piruz, Delna, and Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz.

Nykaa chief financial officer Arvind Agarwal quits

Tuesday 22 November 2022 12:58 PM UTC+00
Nykaa CFO Arvind Agarwal resigns: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.

Rasna founder Areez Pirojshaw Khambatta passes away at 85

Tuesday 22 November 2022 12:13 PM UTC+00
Areez Pirojshaw Khambatta, the founding chairman of the popular drink Rasna, passed away in Ahmedabad due to a cardiac arrest, the company said on Monday. The 85-year-old industrialist, who was suffering from a prolonged illness, passed away on November 19. He is survived by his wife Persis, and children Piruz, Delna, and Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz.

Nykaa chief financial officer Arvind Agarwal quits

Tuesday 22 November 2022 12:58 PM UTC+00
Nykaa CFO Arvind Agarwal resigns: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.

Rasna founder Areez Pirojshaw Khambatta passes away at 85

Tuesday 22 November 2022 12:13 PM UTC+00
Areez Pirojshaw Khambatta, the founding chairman of the popular drink Rasna, passed away in Ahmedabad due to a cardiac arrest, the company said on Monday. The 85-year-old industrialist, who was suffering from a prolonged illness, passed away on November 19. He is survived by his wife Persis, and children Piruz, Delna, and Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz.

Nykaa chief financial officer Arvind Agarwal quits

Tuesday 22 November 2022 12:58 PM UTC+00
Nykaa CFO Arvind Agarwal resigns: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.

Rasna founder Areez Pirojshaw Khambatta passes away at 85

Tuesday 22 November 2022 12:13 PM UTC+00
Areez Pirojshaw Khambatta, the founding chairman of the popular drink Rasna, passed away in Ahmedabad due to a cardiac arrest, the company said on Monday. The 85-year-old industrialist, who was suffering from a prolonged illness, passed away on November 19. He is survived by his wife Persis, and children Piruz, Delna, and Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz.

Nykaa chief financial officer Arvind Agarwal quits

Tuesday 22 November 2022 12:58 PM UTC+00
Nykaa CFO Arvind Agarwal resigns: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.
Twitter has closed all its offices temporarily after mass resignation hit the company post Elon Musk's go 'hardcore' or leave ultimatum to staff.
Air India news: Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today (November 19) as the Tata group-owned airline works on ways to expand its market share as well as the global network.
Mother Dairy has decided to hike prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR market with effect from Monday, citing a rise in input cost.
Employees Provident Fund Organisation news: Retirement fund body EPFO added 16.82 lakh subscribers on a net basis in September 2022, the labour ministry said in a release today (November 20). Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, the ministry said.
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts.
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday. The meeting is part of the customary meetings that the minister undertakes with stakeholders before the presentation of the Union Budget on February 1.

Twitter is done with layoffs, ready to hire again: Elon Musk

Tuesday 22 November 2022 07:36 AM UTC+00
After firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Twitter CEO Elon Musk said that the company is done with layoffs and is hiring again.
India-UK trade pact: The proposed free trade agreement (FTA) between India and the UK is a high priority for both countries and the next round of negotiations for the pact is slated to happen next month, commerce and industry minister Piyush Goyal said on Tuesday. He said that things are progressing well and it will yield good results.

Rasna founder Areez Pirojshaw Khambatta passes away at 85

Tuesday 22 November 2022 12:13 PM UTC+00
Areez Pirojshaw Khambatta, the founding chairman of the popular drink Rasna, passed away in Ahmedabad due to a cardiac arrest, the company said on Monday. The 85-year-old industrialist, who was suffering from a prolonged illness, passed away on November 19. He is survived by his wife Persis, and children Piruz, Delna, and Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz.

Nykaa chief financial officer Arvind Agarwal quits

Tuesday 22 November 2022 12:58 PM UTC+00
Nykaa CFO Arvind Agarwal resigns: FSN E-Commerce Ventures, which operates under the Nykaa brand name, on Tuesday said its chief financial officer Arvind Agarwal has resigned from the company.
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