Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit, part of Deepinder Goyal-led Eternal Ltd. that also includes Zomato, is yet unprofitable, despite its cash pile, as it keeps investing to enter new markets. (Reuters) The quick-commerce model, which […]
A Bengaluru renter has raised an alarm on Reddit about what he describes as a “new flat rental scam” targeting people searching for affordable homes in the city. In a detailed post, titled “Bengaluru New Flat Rental Scam,” the user narrated how scammers are exploiting too-good-to-be-true listings on popular real-estate platforms to dupe unsuspecting tenants. […]
Anand Mahindra has warned of “a far bigger crisis” at hand amid fears that AI will wipe out white-collar jobs. Mahindra Group Chairman Anand Mahindra. (Bloomberg) “For decades, we pushed degrees and desk jobs to the top of ‘aspirational’ ladder and quietly pushed skilled trades to the bottom,” the chairman of the namesake conglomerate that […]
Billionaire property magnate Barry Sternlicht has said his firm is considering moving out of New York following Zohran Mamdani’s election as mayor, claiming other companies are likely to do the same. Barry Sternlicht says New York City will become like Mumbai under Zohran Mamdani. Sternlicht, who chairs the global investment firm Starwood Capital Group, suggested […]
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]
Goldman Sachs Group Inc. told staffers to expect an additional round of layoffs this year as the bank seeks further savings across its businesses and takes advantage of the opportunities presented by Artificial Intelligence. Goldman Sachs’ headcount was 48,300 at the end of September, about 1,800 more employees than at the end of last year. […]
