RBL Bank has declared its Q2 results. RBL Bank Q2 Results: Its net interest income rises 9 per cent year-on-year to Rs 1,615 crore. RBL Bank on Saturday reported a 24.15 per cent decline in its net profit to Rs 223 crore for the September 2024 quarter, compared with Rs 294 crore a year ago. […]
Nokia Layoffs 2024: Nokia, the Finland-based tech giant, has reportedly announced significant job cuts, with plans to eliminate nearly 2,000 positions in Greater China. Adding further, the company is looking to cut another 350 jobs in Europe as part of its broader cost-cutting measures. The layoffs are part of Nokia’s efforts to streamline operations and […]
Reuters People complain of poor treatment by Revolut after being tricked out of money deposited with e-money firm “I never imagined I’d be a victim of a scam,” says Dr Ravi Kumar. “But here I am, a 53-year-old NHS consultant in intensive care medicine and anaesthetics, deeply affected.” He lost £39,000 in May when scammers […]
An announcement in the upcoming budget of a continued freeze on income tax thresholds beyond 2028 would not constitute a breach of Labour’s election manifesto promise, government sources have insisted. In the run-up to June’s general election, both leader Sir Keir Starmer and the soon-to-be Chancellor Rachel Reeves pledged to “not increase taxes on working […]
At the end of September, the reserves had hit an all-time high of $704.885 billion. India’s gold reserves fall by $98 million to $65.658 billion during the week ended October 11. In one of the largest decreases in India’s forex reserves in recent times, the country’s foreign exchange kitty dropped $10.746 billion to $690.43 billion […]
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, […]
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Carla Carniel | Reuters Brazilian plane maker Embraer is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A […]
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines on Friday said it reached an agreement with its credit card processor to again extended a debt refinancing timeline to December, hours before it was set […]
Tressie Lieberman, the incoming global chief brand officer at Starbucks. Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol’s first […]
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