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IndiaTV Business: Google News Feed: Digest for January 21, 2023

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UP Investors Summit 2023: The Uttar Pradesh government on Wednesday held its 5th domestic roadshow in Hyderabad as part of its ambitious Global Investors Summit, 2023. The roadshow turned out into a mega success as the state government signed as many as 19 deals worth 25,000 crores in the city. 
Amazon Inc. has begun another round of layoffs after it fired around 2,300 employees in November 2022. The company has started notifying its employees affected by its new round of firing, as a part of its plan to reduce its headcount by 18,000, the media reported.
Moody's latest report: In its latest report, Moody's Investors Service claimed that the asset quality of Indian banks and those in Southeast Asian countries will be stable in 2023. The credit rating agency stated this in its report on the banking sector in emerging markets. 
Surat-based diamond manufacturer Gautam Gems has informed the BSE that it has partly paid the amount of its share as the rights issue of Rs 49 crore.
Twitter is set to begin another round of layoffs and may fire around 50 more employees in the product division department, reports said.

After India, Amazon to layoff employees in THESE countries

Thursday 19 January 2023 09:50 AM UTC+00
Amazon layoffs: As part of its plan to lay off 18,000 employees, the e-commerce giant Amazon will cut some jobs by the end of Wednesday in various countries including the United States, Canada and Costa Rica, reports said. 
Microsoft, one of the world's leading tech giants, has announced that it will cut nearly 10,000 jobs from its engineering division. This move comes as the company joins a growing list of tech companies that have recently laid off employees.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
UP Investors Summit 2023: The Uttar Pradesh government on Wednesday held its 5th domestic roadshow in Hyderabad as part of its ambitious Global Investors Summit, 2023. The roadshow turned out into a mega success as the state government signed as many as 19 deals worth 25,000 crores in the city. 
Amazon Inc. has begun another round of layoffs after it fired around 2,300 employees in November 2022. The company has started notifying its employees affected by its new round of firing, as a part of its plan to reduce its headcount by 18,000, the media reported.
Moody's latest report: In its latest report, Moody's Investors Service claimed that the asset quality of Indian banks and those in Southeast Asian countries will be stable in 2023. The credit rating agency stated this in its report on the banking sector in emerging markets. 
Surat-based diamond manufacturer Gautam Gems has informed the BSE that it has partly paid the amount of its share as the rights issue of Rs 49 crore.
Twitter is set to begin another round of layoffs and may fire around 50 more employees in the product division department, reports said.

After India, Amazon to layoff employees in THESE countries

Thursday 19 January 2023 09:50 AM UTC+00
Amazon layoffs: As part of its plan to lay off 18,000 employees, the e-commerce giant Amazon will cut some jobs by the end of Wednesday in various countries including the United States, Canada and Costa Rica, reports said. 
Microsoft, one of the world's leading tech giants, has announced that it will cut nearly 10,000 jobs from its engineering division. This move comes as the company joins a growing list of tech companies that have recently laid off employees.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
UP Investors Summit 2023: The Uttar Pradesh government on Wednesday held its 5th domestic roadshow in Hyderabad as part of its ambitious Global Investors Summit, 2023. The roadshow turned out into a mega success as the state government signed as many as 19 deals worth 25,000 crores in the city. 
Amazon Inc. has begun another round of layoffs after it fired around 2,300 employees in November 2022. The company has started notifying its employees affected by its new round of firing, as a part of its plan to reduce its headcount by 18,000, the media reported.
Moody's latest report: In its latest report, Moody's Investors Service claimed that the asset quality of Indian banks and those in Southeast Asian countries will be stable in 2023. The credit rating agency stated this in its report on the banking sector in emerging markets. 
Surat-based diamond manufacturer Gautam Gems has informed the BSE that it has partly paid the amount of its share as the rights issue of Rs 49 crore.
Twitter is set to begin another round of layoffs and may fire around 50 more employees in the product division department, reports said.

After India, Amazon to layoff employees in THESE countries

Thursday 19 January 2023 09:50 AM UTC+00
Amazon layoffs: As part of its plan to lay off 18,000 employees, the e-commerce giant Amazon will cut some jobs by the end of Wednesday in various countries including the United States, Canada and Costa Rica, reports said. 
Microsoft, one of the world's leading tech giants, has announced that it will cut nearly 10,000 jobs from its engineering division. This move comes as the company joins a growing list of tech companies that have recently laid off employees.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Amazon Inc. has begun another round of layoffs after it fired around 2,300 employees in November 2022. The company has started notifying its employees affected by its new round of firing, as a part of its plan to reduce its headcount by 18,000, the media reported.
Moody's latest report: In its latest report, Moody's Investors Service claimed that the asset quality of Indian banks and those in Southeast Asian countries will be stable in 2023. The credit rating agency stated this in its report on the banking sector in emerging markets. 
Surat-based diamond manufacturer Gautam Gems has informed the BSE that it has partly paid the amount of its share as the rights issue of Rs 49 crore.
Twitter is set to begin another round of layoffs and may fire around 50 more employees in the product division department, reports said.

After India, Amazon to layoff employees in THESE countries

Thursday 19 January 2023 09:50 AM UTC+00
Amazon layoffs: As part of its plan to lay off 18,000 employees, the e-commerce giant Amazon will cut some jobs by the end of Wednesday in various countries including the United States, Canada and Costa Rica, reports said. 
Microsoft, one of the world's leading tech giants, has announced that it will cut nearly 10,000 jobs from its engineering division. This move comes as the company joins a growing list of tech companies that have recently laid off employees.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Surat-based diamond manufacturer Gautam Gems has informed the BSE that it has partly paid the amount of its share as the rights issue of Rs 49 crore.
Twitter is set to begin another round of layoffs and may fire around 50 more employees in the product division department, reports said.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has issued a warning that the RBI's ongoing battle against inflation will likely continue to be complicated by consistently high core inflation. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Indian fintech Paytm has come a long way from a simple mobile recharge platform to emerging as the pioneer of payments and financial services. The compounding nature of its key businesses is powering the fintech giant towards profitability as is reflected in its latest operating update for the quarter ending December 2022. This is also paving a way for other fintech players in the industry as well.
Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Indian fintech Paytm has come a long way from a simple mobile recharge platform to emerging as the pioneer of payments and financial services. The compounding nature of its key businesses is powering the fintech giant towards profitability as is reflected in its latest operating update for the quarter ending December 2022. This is also paving a way for other fintech players in the industry as well.
Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.
Google CEO Sundar Pichai on Friday announced the tech giant will lay off 12,000 jobs across the globe. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Indian fintech Paytm has come a long way from a simple mobile recharge platform to emerging as the pioneer of payments and financial services. The compounding nature of its key businesses is powering the fintech giant towards profitability as is reflected in its latest operating update for the quarter ending December 2022. This is also paving a way for other fintech players in the industry as well.
Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.
Google CEO Sundar Pichai on Friday announced the tech giant will lay off 12,000 jobs across the globe. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Indian fintech Paytm has come a long way from a simple mobile recharge platform to emerging as the pioneer of payments and financial services. The compounding nature of its key businesses is powering the fintech giant towards profitability as is reflected in its latest operating update for the quarter ending December 2022. This is also paving a way for other fintech players in the industry as well.
Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.
Google CEO Sundar Pichai on Friday announced the tech giant will lay off 12,000 jobs across the globe. 
Sensata Technologies, a global industrial technology company and leading provider of sensor-rich solutions expects a boom in the electric vehicles (EVs) segment in India.
The Cellular Operators Association of India (COAI) has contended that implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. It cited technical, privacy and cost-related concerns with regulator TRAI to argue its point.
Budget 2023: In an attempt to expand Production Linked Incentive (PLI) scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. 
Swiggy: As part of its "restructuring exercise", Food delivery platform Swiggy fired at least 380 employees citing the slow growth. According to reports, the impacted employees will get a minimum assured payout of 3 months, which will include variable incentives at 100%. 
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the National Bank for Agriculture and Rural Development (NABARD) that aims to provide short-term formal credit to farmers. The scheme is designed to help farmers meet their credit requirements for agriculture, fisheries, and animal husbandry by providing them with short-term loans and a credit limit to purchase equipment and cover other expenses.
Budget 2023: In recent years, the government has implemented a number of supply-side policies to boost manufacturing, and thus investment and Economic growth. The Indian government has enacted a variety of strategies to endorse India's manufacturing industry. The pandemic had such a detrimental effect on manufacturing industrial growth; however, the industry recorded double-digit strong growth in the previous financial year 2021-2022.
After a meeting with the Indian ministerial delegation, Founder and Executive Chairman of World Economic Forum, Klaus Schwab commended the country's contribution to the global healthcare ecosystem and its leadership on digital infrastructure. The leader also mentioned that Prime Minister Modi's leadership was 'critical in this fractured world.' Schwab said this while attending the WEF Annual Meeting 2023 on Thursday night.
Indian fintech Paytm has come a long way from a simple mobile recharge platform to emerging as the pioneer of payments and financial services. The compounding nature of its key businesses is powering the fintech giant towards profitability as is reflected in its latest operating update for the quarter ending December 2022. This is also paving a way for other fintech players in the industry as well.
Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.
Google CEO Sundar Pichai on Friday announced the tech giant will lay off 12,000 jobs across the globe. 
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