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Amazon.com Inc lays off about 100 employees in its gaming divisions
Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment show on the Twitch streaming service
 "Amazon.com Inc lays off about 100 employees in its gaming divisions")
Thomas Cook to set up forex outlets at Manohar International Airport
Goa's Thomas Cook Airport counters will enable foreigners from G20 countries and NRIs to make UPI eligible Indian Rupee transactions upon arrival
 "Thomas Cook to set up forex outlets at Manohar International Airport")
Space start-up Skyroot conducts long duration test of its cryogenic engine
The achievement follows the November 2022 launch of Vikram-S, which made Skyroot the first Indian private company to send a rocket into space
 "Space start-up Skyroot conducts long duration test of its cryogenic engine")
Cyient rejigs top leadership, appoints Karthik Natarajan as CEO
The company has elevated executive director (ED) and Chief Operating Officer Karthik Natarajan as ED and CEO
 "Cyient rejigs top leadership, appoints Karthik Natarajan as CEO")
More directors paid Rs 1 lakh per board meeting than before pandemic
Number of board meetings have also gone up post pandemic according to Excellence Enablers' Survey on Corporate Governance
 "More directors paid Rs 1 lakh per board meeting than before pandemic")
Training helps new employees accomplish goals in one-fifth of time: Report
Only one in nine companies believe that the training doesn't add value to new employee productivity
 "Training helps new employees accomplish goals in one-fifth of time: Report")
Mankind Pharma plans to brand medicines with API quality assurance
Firm to hit markets this year, to raise over Rs 4,000 cr
 "Mankind Pharma plans to brand medicines with API quality assurance")
Grasim Industries receives Rs 5,000 cr three term loan from Axis Bank
Grasim is a diversified player with a presence across sectors. It is a leading global producer of VSF, the largest Chlor-Alkali, Linen and Insulators player in India
 "Grasim Industries receives Rs 5,000 cr three term loan from Axis Bank")
Maruti Suzuki WagonR, Alto K10 get low rating in Global NCAP crash test
Both the models scored zero stars for child occupant protection as per the Global NCAP's latest round of crash tests
 "Maruti Suzuki WagonR, Alto K10 get low rating in Global NCAP crash test")
Adani Group joint venture in talks for 1st offshore loan since Hindenburg
AdaniConneX Private Ltd would use this $200 mn loan for capital expenditure, with a five year tenor under discussion
 "Adani Group joint venture in talks for 1st offshore loan since Hindenburg")
General Motors' 5,000 salaried workers take buyouts to leave company
GM will take a $1 billion charge in the first quarter, he said. The company had previously projected $1.5 billion in charges related to staff reductions
 "General Motors' 5,000 salaried workers take buyouts to leave company")
JP Morgan puts HCL on 'negative catalyst watch' ahead of Q4 results
JP Morgan on Tuesday placed Indian IT services provider HCL Technologies Ltd on "negative catalyst watch" ahead of the earnings season, citing the highest near-term risks for the company
 "JP Morgan puts HCL on 'negative catalyst watch' ahead of Q4 results")
Downturn still nascent, it is time for caution, not expansion: Zoho founder
In an exclusive interaction with Business Standard, Sridhar Vembu say the trend of large-scale layoffs in Silicon Valley has now hit Indian shores
 "Downturn still nascent, it is time for caution, not expansion: Zoho founder")
Apple Inc says users report weather app outage in some locations
The Cupertino, California-based company said on its website that issues for the app were reported at 11 p.m. New York time Monday and continued Tuesday
 "Apple Inc says users report weather app outage in some locations")
Amazon removes 6 mn counterfeit items globally from supply chains
The report said that Amazon's Counterfeit Crimes Unit sued or referred for investigation over 1,300 criminals in the US, UK, EU, and China in 2022
Vedanta arm Balco signs pact with SRIPL to source hybrid renewable power
The project will be funded on a 70:30 debt to equity basis and BALCO will own 26 per cent equity in the SPV
 "Vedanta arm Balco signs pact with SRIPL to source hybrid renewable power")
Oberoi Realty to build on new project launches, rental portfolio
Street will track pace of bookings, project execution, and acquisition of new land
 "Oberoi Realty to build on new project launches, rental portfolio")
Kolkata Port profit up 152% in FY23; test run to Myanmar's Sittwe port soon
Kolkata port, now known as Syama Prasad Mookerjee Port, on Tuesday announced that it has handled 65.66 million tonnes of cargo in the 2022-23 financial year, up by 12.87 per cent
 "Kolkata Port profit up 152% in FY23; test run to Myanmar's Sittwe port soon")
Karur Vysya Bank to offer SBI Life Insurance products at its branches
Private sector Karur Vysya Bank has inked a pact with SBI Life Insurance to offer their insurance products to customers at its branches, the bank said on Tuesday
 "Karur Vysya Bank to offer SBI Life Insurance products at its branches")
L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal
At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics
 "L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal")
