workforce reduction

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    E-Commerce Giant’s Redomiciliation Signals IPO Readiness

    New Delhi, March 9 Flipkart, which is set to go public, has shifted its domicile to India, having secured government approval for an internal restructuring that now makes Flipkart Internet the holding entity of the Group.The e-commerce giant, backed by Walmart, said it looks forward to the...
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    Company Responds to Market Rumors About Workforce Cuts

    New Delhi, March 9 Tech Mahindra, an IT services company, strongly denied market speculation on Monday regarding a possible significant reduction in workforce.In response to the speculation, Tech Mahindra stated that it finds it necessary to clarify that no such proposal is under...
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