business news

Microsoft's Xbox division is undergoing significant changes as the company consolidates teams, closes multiple gaming studios, and implements layoffs in a bid to cut costs and streamline operations amidst a slowdown in the gaming sector.

Air India Express has faced a significant disruption as over 100 flights were cancelled due to a "mass sick leave" by the cabin crew, affecting both international and domestic routes. The unexpected cancellations came after approximately 300 senior cabin crew members reported sick at the last minute and turned off their mobile phones, leaving passengers stranded and confused.

An engineer from Hyderabad has sparked discussions on mental health after sharing his experience of significant improvement upon moving to the United States. Abhirath Batra took to X to explain how his mental well-being "improved by miles" after transitioning to life in the US, attributing it to the hands-on approach he adopted for daily tasks like cooking and cleaning.

A recently surfaced photograph capturing a moment from Google CEO Sundar Pichai's IIT Kharagpur convocation day has taken social media by storm. The image, shared by Ananya Lohani, daughter of Pichai's batchmate, showcases a young Sundar Pichai alongside Sharmistha Dubey, former CEO of Match Group, a prominent US IT company known for dating applications like OkCupid and Tinder.

In a significant move signaling its foray into the wide-body segment, budget carrier IndiGo has placed a firm order for 30 Airbus A350-900 aircraft. The announcement, made by Airbus on Monday, underscores IndiGo's strategic expansion plans to cater to India's growing aviation demands.

Tech giant Microsoft Corporation (India) Pvt Ltd has made a significant investment in Hyderabad, acquiring a 48-acre land parcel worth ₹267 crore. The transaction, revealed through documents accessed by Propstack, indicates Microsoft's continued expansion and investment in India's tech infrastructure.

Apple's recent earnings report revealed a positive surprise amidst global market challenges. Despite a drop in iPhone demand in China, the tech giant experienced a notable "double-digit" surge in revenue from India, signaling a potential easing of the company's slowdown.

Air India has announced a reduction in its free check-in baggage allowance from 20kg to 15kg for the lowest economy fare segment on domestic flights. This change comes as part of the menu-based pricing model fare families introduced by the Tata Group-owned airline last August.

In a recent development, Bhavesh Gupta, the Chief Operating Officer (COO) and President of Paytm, has tendered his resignation citing personal reasons. This announcement comes as a significant change in leadership within the fintech giant.

In a move that has significant implications for foreign workers in the United States, tech giants Amazon and Google have announced the suspension of US green card applications for the remainder of 2024. This decision comes amidst a wave of layoffs within the tech industry, including recent cuts by Microsoft, raising concerns about job opportunities for overseas candidates.