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Category: Business World

WeWork looking at possible bankruptcy

August 11, 2023Nri Today

Four years ago, WeWork was preparing for a blockbuster IPO. Now the company is warning of possible bankruptcy. “Our losses and negative cash flows from operating activities raise substantial doubt […]

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Tata Group to build EV battery gigafactory in UK

July 22, 2023Nri Today

Tata Group has announced its plan to establish a global battery cell gigafactory in the United Kingdom with a capacity to produce 40GW of cells annually. The company is set […]

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Surat Diamond Bourse is now world’s largest office surpassing Pentagon

July 20, 2023Nri Today

  Surat is already the city where around 90% of all the planet’s diamonds are cut. But now, the Indian city in the state of Gujarat has a record-breaking building to house its […]

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4 Indian-Americans in Forbes’ 2023 ‘Richest Self-Made Women’ list

July 11, 2023Nri Today

Indian-Americans Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi feature in the Forbes’ Richest Self-Made Women list of 2023.  The four have been named to the list of 100 […]

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Meta starts firing employees as part of biggest layoffs this year

April 21, 2023Nri Today

Meta Platforms Inc will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles […]

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Ernst & Young to fire 3,000 employees after calling off split

April 20, 2023April 20, 2023Nri Today

Layoffs have wreaked havoc in the global tech sector and the crisis has spilled over into other sectors including media and financial services. Firms including KPMG and McKinsey have also […]

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Tim Cook to unveil Apple retail stores in Mumbai, Delhi

April 13, 2023Nri Today

As Apple firms up its plans to put India on its global manufacturing and retail map, the company’s CEO Tim Cook will be in India next week to inaugurate Apple’s […]

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Grammarly names Indian-origin Rahul Roy-Chowdhury as new CEO

March 26, 2023Nri Today

Grammarly, the San Francisco headquartered company that provides artificial intelligence-based assistance in writing English including spelling, grammar, punctuation, and plagiarism reviews has announced Indian origin Rahul Roy-Chowdhury, its current global […]

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Jack Dorsey’s net worth takes a massive hit after Hindenburg report

March 24, 2023Nri Today

Former Twitter chief executive Jack Dorsey on Thursday became the latest target of short seller Hindenburg Research which targeted the billionaire over his payments company Block. Dorsey co-founded Block, then […]

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Apple’s flagship India retail store to open in Mumbai in April

March 18, 2023Nri Today

iPhone-maker Apple is reportedly all set to open its flagship India retail store in Mumbai in April. As per updates, after Mumbai, Apple’s next retail store will reportedly come up […]

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