Author: News Desk

Elon Musk’s Tesla is doing another round of layoffs. This time in its Autopilot division. Tesla reportedly fired 200 employees. Closed an entire office in San Mateo, California. Some workers were shifted to another location. Earlier, Musk had stressed cutting jobs. He said he had a ‘super bad feeling’ about the economy. Tesla has not responded to the news.

The Indian Air Force (IAF) has received over two lakh applications under the Agnipath recruitment scheme. This happened within six days of the launch of the registration process. After the scheme was unveiled on June 14 there were violent protests against it. Under the Agnipath scheme, youths between the ages of 17-and-a-half and 21 years would be inducted for a four-year-tenure. 25% of the candidates will be subsequently inducted for regular service. The registration process began on June 24 and saw the filing of 94,281 applications by Monday and 56,960 applications till Sunday.

The Ministry of Electronics and Information Technology (MeitY) has issued an ultimatum to Twitter India.To comply with the country’s Information Technology Rules by July 4 or face punitive action.The MeitY has given Twitter time until July 4 to comply with all its blocking orders, failing which it might lose its intermediary status.It  will make the website legally liable for content posted by users on its platform.Twitter had multiple run-ins with the government over content takedown.

Becoming rich is the dream of many. But, do you know the ways to execute this dream? It is not easy as it sounds. Millionaire Warren Buffett has four golden rules for becoming rich. Here are those four rules by the Oracle of Ohama. Have Savings: This is his first golden rule. He always suggests putting aside money for oneself. In his opinion, everyone, especially entrepreneurs, should practice financial discipline for survival. Do not cling to the promise of “the big exit’ of the company, and living good thereafter. Invest in gold, stock, real estate or other assets.  Do not splurge: Do…

India launches an information portal for importers and exporters. It is called National Import-Export for Yearly Analysis of Trade ( NIRYAT). Prime Minister Narendra Modi inaugurated the portal. Portal to provide all information related to foreign trade. It will provide real-time data to stakeholders. Soon, district-level data will also be available.

Edtech startup WhiteHat Jr, owned by Byju’s, fired nearly 300 employees globally .The Ed-tech industry continues to witness restructuring and cost cutting across major edtech sector. The current round of downsizing has affected employees both in India and other geographies .The edtech startup has declined to specify the exact number of impacted employees. The layoff is likely to have been carried out across sales, marketing, tutors and operations. WhiteHat Jr is owned by edtech giant Byju’s, which acquired the startup firm for $300 million in 2020.

The world’s largest innovation campus for startups comes in Hyderabad. It is a venture of Hyderabad-based business incubator T-Hub. The campus is built in a T-shape It has 10 floors spread over 5,82,689 sq.ft.. Aims to support over 20,000 startups. It’ll have startups, corporates, investors, academia… etc . It’ll also house offices of many government and international agencies.

Kicked off with just three people, the company now has more than 30 employees. What is Mykare? Mykare is a startup working in the healthcare sector. Kicked off with just three people, the company now has more than 30 employees. Most of the hospitals in India have limitations. They struggle with visibility, marketing, and resource utilization. These hospitals are usually controlled by a doctor, a group of doctors, or an organisation. Such hospitals will be able to reach only a small section of people in society. At the same time, ordinary patients might be looking for more reasonable hospital facilities. This…

Mukesh Ambani to hand over Reliance Retail to daughter Isha Ambani. Isha is set to be the chairperson of Reliance Retail. 30-year-old Isha is an alumnus of Yale University Later, she studied MBA at the Stanford Graduate School of Business. She handles strategy development and implementation for all marketing teams. She launched the fashion portal Ajio in 2016. She was the inspiration behind the launch of Jio Isha helped Akash Ambani with branding and consumer-related decisions. She got married to Anand Piramal in December 2018. Earlier, Mukesh Ambani had handed over Reliance Jio to Akash Ambani.

Pune native Preeti Maske sets a Guinness Record in ultra-cycling. She is the first woman to cycle alone from Leh and Manali in 55 hrs and 13 mns. Guinness World Record authorities had given her 60 hrs to complete the ride. A mom to two, she covered 480 kilometres. She started the journey on June 22 at Leh Border Roads Organisation.The ride was concluded on June 24 at 1.13 pm. She took oxygen support twice due to breathing issues. She is also the fastest cyclist in the 6,000 km golden quadrilateral Preeti started cycling at 40 to overcome her illness.