Tue, Jul 27, 2021 12:03 PM
Dr Reddy's Laboratories profit declines 1.5% to Rs 570.8 crore in Q1'FY22
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Elon Musk’s latest cost-cutting victims: summer interns.Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.“At 8:46am, I opened a Tesla email for flight info. By 11:25am, my internship offer was gone,” wrote Miami University student Joshua Schreiber.
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Connected-fitness company Peloton on May 2 announced that its chief executive officer Barry McCarthy will step down. The company will also cut 15 percent of its global workforce in its effort to reduce its expenses by $200 million by the end of FY25."With a strong leadership team in place and the Company now on solidfooting, the board has decided that now is an appropriate time to search.
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Chennai-based Five-Star Business Finance, based in Chennai expects its loan book to grow 30% in the current financial year (FY25). Total disbursements for January-March period grew 20% to ₹1,336 crore from ₹1,110 crore last year. Lakshmipathy Deenadayalan, Chairman and Managing Director of the non-bank finance company (NBFC) said, “I don't see any kind of weakness, both in loan growth as well.
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