Operational

Omnichannel meat retailer Licious has laid off 80 employees, representing 3% of its employee base, as part of what it called an “operational reset to sharpen growth focus”.Most of the layoffs happened in corporate teams with sales, marketing and tech executives getting impacted, a person aware of the matter said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML Executive Programme in FinTech,…

Samsung announced back in 2021 that it's going to build a semiconductor plant in Taylor, Texas that's going to cost $17 billion. This was part of the company's plan to expand its global chip manufacturing facilities. The company had said back then that mass production of chips at this plant would begin by 2024. The project appeared to be on track but it was reported some time back that perhaps the plant may not become operational by 2024, rather, production would begin the following year in 2025. However, it seems that…

Credit: Pixabay/CC0 Public Domain Can scientific methods be used to identify who is best suited for physically and mentally demanding missions? In his doctoral thesis, Peter Tedeholm explores the individual characteristics of Swedish operational police officers. Peter Tedeholm has worked for 20 years as a police officer in the National Task Force and…

Image Source : PIXABAY Netflix Netflix has reportedly sounded threatened over generative AI, saying that such technologies could adversely impact its operations and it is ability to compete effectively with other companies. In the annual report which was filed with the US Securities and Exchange Commission (SEC), the streaming giant stated that the new technological…

Fintech unicorn Slice reported operational revenue of Rs 847 crore in fiscal 2023, up 200% from Rs 283 crore a year earlier. Its net losses went up 60% to Rs 406 crore from Rs 254 crore in the same period.The Tiger Global-backed startup received a severe jolt to its business in July 2022 when the Reserve Bank of India (RBI) shut down credit lines on prepaid cards, its mainstay at that point in time. The company still managed to grow its topline mainly through its personal loan product and partly through the payments…

Australia's Eagers Automotive said on Friday a cyber incident impacting some of its IT systems is affecting the company's ability to finalise transactions for certain new vehicles, which have been sold and ready for delivery.Corporate firms in Australia have seen an alarming rise in cyber security breaches since last year, even prompting the country's government to reform cyber security rules. Australia set up an agency in February this year to oversee government investment and help coordinate responses to hacker…

Curated By: Shahrukh ShahLast Updated: December 10, 2023, 11:08 ISTMumbai Coastal Road Project (Photo: Twitter) Brihanmumbai Municipal Corporation (BMC), proposes to connect the Marine Drive area in south Mumbai to Kandivali, a western suburb, via the existing Bandra Worli Sea Link.The first phase of Mumbai’s ambitious coastal road, from Marine Drive to Worli, will be operational by the end of January 2024, said Maharashtra Chief Minister Eknath Shinde on Saturday.Speaking at an event here, Shinde called Maharashtra a…

Last Updated: November 29, 2023, 13:05 ISTAir India: Delhi-Pune Flight Faces Delay Due To Operational Issues, Leaves Passengers Frustrated. (Photo: Air India/X)Air India's Flight 15 738 faces 4-hour delay, rerouted mid-flight, and passenger discontent. Operational issues spark frustration and demands for refunds.An Air India flight scheduled from Delhi to Pune via Lucknow, Flight 15 738, encountered substantial delays of nearly four hours due to operational challenges, leaving passengers in a state of agitation and…

Last Updated: November 22, 2023, 11:29 ISTIndiGo Apologizes as Eight Passengers Miss Chennai Flight Amidst Operational Challenges. (File photo/News18)IndiGo apologizes as transit passengers miss Chennai flight; operational challenges and delay lead to deboarding, offering accommodations.IndiGo on Tuesday said eight transit passengers on a flight from Amritsar could not board their onward flight to Chennai after reaching Bengaluru due to lack of time on Sunday and apologised for the inconvenience caused to the…

Mumbai-Pune Expressway (File photo)According to the reports, the expressway's Mumbai-bound lane will not be operated between 12 midday and 2 pm on Thursday.Mumbai has been witnessing massive rainfall for the past few days. Due to heavy pour, Mumbai-Pune Expressway had seen a landslide on Sunday, which created massive debris on the road, and blocked the expressway for transportation. The Maharashtra highway traffic police urged the people to plan their travel accordingly as the highway will be closed for a few hours on…