New Delhi: The government will continue to prioritise infrastructure creation through higher capital expenditure even as it operates with tight fiscal headroom and navigates persistent global economic uncertainty, expenditure secretary V Vualnam said Monday, signalling continuity in public investment-led growth strategy. In an interaction with ET after the budget, he dismissed concerns raised by states […]
Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs. Ericsson headquarters in Stockholm, Sweden. (AFP) The cuts will impact its Swedish workforce and the company has entered negotiations with unions, Ericsson said in a statement on Thursday. Ericsson has been working to cut costs […]
Kunal Joshi, a homebuyer exploring options in Dahisar, at the northern edge of Mumbai, said he is finding larger apartments for the same price in areas farther from the railway station, driven by the anticipated boost from the upcoming Mumbai Coastal Road connectivity. “Near Dahisar and Borivali stations, about 10–15 minutes away, a compact 2BHK […]
Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp Navratil Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP) “The world is changing, […]