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    1. Business News
    2. Authors
    3. tanyakrishna

    Tanya Krishna

    layoff, global layoff, McKinsey & Co, Project Magnolia, compensation, partners, headcount, restructuring, Amazon, Microsoft, Google, LinkedIn, Yahoo, Del, slowdown, recession
    McKinsey to cut about 2,000 jobs, move to help protect partners’ compensation pool – report

    McKinsey & Co plans to eliminate about 2,000 positions. The move, under a plan being called Project Magnolia, is expected…

    By Tanya Krishna
    February 22, 2023 12:17 IST
    Turkey economy, Turkey earthquake, reconstruction bill, economic growth, GDP, supply chain, falling currency, runaway inflation, growth rebound, Lira, production costs, inflation rate, energy prices
    Turkey’s economy was already in shambles when earthquake rattled it further; recovery not likely before 2024

    Before the earthquake, Turkey was already reeling from a falling currency and runaway inflation that had reached an annual rate…

    By Tanya Krishna
    February 21, 2023 16:19 IST
    insolvency, IBC, bankruptcy, debt resolution mechanism, recovery rate, CIRPs, liquidated cases, BIFR cases, resolution timelines, withdrawal, settlement
    IBC getting more popular for debt resolution even as recovery continues to fall, shows high number of cases

    The numbers admitted for Corporate Insolvency Resolution Process (CIRPs) have continuously increased since the launch of IBC in 2016. On…

    By Tanya Krishna
    February 20, 2023 19:15 IST
    cereal prices, price hike, increased demand, international market, domestic market, CPI, retail inflation, export, wheat exports, export duty, production expectations, price sentiment
    Inflation villain’s threat: Cereal prices to remain high due to climate change, high domestic, global demand

    “Demand from global and domestic markets and the stocks of wheat and rice are estimated to be lower by 12…

    By Tanya Krishna
    February 20, 2023 17:30 IST
    inflation, food inflation, winter crop, rural recovery, informal sector, services inflation, commodity prices, rural consumers, lockdowns, MGNREGA, RBI, repo rate, food prices
    Good winter crop or bad, it’s bad news for India inflation either way, at least in short run, says HSBC

    The HSBC analysis maintained that parts of inflation will ‘remain elevated’ through the year, even if global commodity prices remain…

    By Tanya Krishna
    February 20, 2023 15:53 IST
    TCS, hiring, layoff, employees, startup, grooming talent, user experience, Indian diaspora, moonlighting
    TCS hiring employees laid off by tech startups; mulling hikes, not firings: CHRO Milind Lakkad

    TCS CHRO Milind Lakkad said that the company believes in grooming talent for a longer career once it hires an…

    By Tanya Krishna
    February 20, 2023 11:01 IST
    value retail, Snapdeal, online shoppers, cash on delivery, rural India, shopping experience, technology, quick delivery, live commerce, portfolio brands, discounts, price value equation
    How does Bharat shop online? 85-90% of rural customers use COD for payments: Snapdeal CEO INTERVIEW

    Snapdeal is looking at reaching out to more than 90 per cent online shoppers, especially from the smaller towns of…

    By Tanya Krishna
    February 17, 2023 17:37 IST
    Nestle, commodity prices, price hike, rural growth, inflation, rural markets, distribution, small pack sales, challenges, margin
    Nestle India to continue focus on growth in rural areas amid concerns on rising commodity prices: CMD

    Nestle India CMD said that the company is on a path to accelerated growth in rural areas and is increasing…

    By Tanya Krishna
    February 17, 2023 14:22 IST
    SBI, bank, quarterly results, net profit, NII, expenses, PAT, loan growth, margin profile, credit cost, profit growth, monitorable, asset quality, Adani Group, Hindeburg report, corporate fraud
    Highest ever net profit for SBI: Q3 net jumps 68% to Rs 14,205 cr, beats street amid Adani-Hindeburg overhang

    State Bank of India (SBI) beats estimates as it reported NII at Rs 38,068.8 crore and net profit of Rs…

    By Tanya Krishna
    February 3, 2023 15:51 IST
    milk prices, price hike, Amul, dairy, inflation
    Amul milk gets costlier by Rs 2 per litre, Gujarat exempted

    Amul, on Friday increased the prices of its milk brands by Rs 2 per litre for all markets except Gujarat.

    By Tanya Krishna
    February 3, 2023 10:35 IST
    union budget, budget 2023, personal tax, income tax regime, new tax regime, incentives, compliance, taxation, customs duties, capital investment, MSMEs, digital economy, fintech sector
    New tax regime not to compel people to move from old tax regime, but has greater advantage, says FM Sitharaman

    “The new tax regime that we brought 2-3 years ago, has now got greater incentives and attractions so that people…

    By Tanya Krishna
    February 1, 2023 17:23 IST
    Union Budget, Budget 2023, startups, tax benefit, carry forward, income tax, entrepreneurial growth, tax holiday, SISFS, PAN
    Budget 2023’s major tax benefit for startups; loss carry forward benefit extended

    Sitharaman extended the benefit of carry forward of losses from the current 7 years to 10 years from the date…

    By Tanya Krishna
    February 1, 2023 13:41 IST
    Union Budget, Budget 2023, green growth, finance minister, Nirmala Sitharaman, Atmanirbhar Clean Plant Programme, green farming, carbon impact
    Budget 2023: FM Sitharaman’s green growth push; to launch Atmanirbhar Clean Plant Programme at Rs 2,200 crore

    “The government will launch the Atmanirbhar Clean Plant Programme to improve availability of disease-free quality planting material for high-value horticultural…

    By Tanya Krishna
    February 1, 2023 11:42 IST
    logistics, supply chain, Union Budget, Budget 2023, ULIP, National logistics policy, ESG, infrastructure, funds, EV, sustainability, digitization, public procurement policies, GDP target, Nirmala Sitharaman, finance minister, India Post, railways
    Budget 2023: Logistics sector hopes for more incentives towards NLP, focus on digitisation, ESG infrastructure

    The logistics industry is hoping the Budget to allocate more funds to initiatives like NLP and to propose measures to…

    By Tanya Krishna
    February 1, 2023 10:03 IST
    union budget, budget 2023, CSI, income tax rate, spending power, consumption, tax reduction, essential products, finance minister, Nirmala Sitharaman, digital initiatives, economy
    Budget 2023: Individuals expect cut in essential items prices, income tax rates – Axis My India CSI Survey

    Pradeep Gupta, Chairman & MD, Axis My India, said “Consumers are looking forward to the upcoming budget announcements as a…

    By Tanya Krishna
    January 31, 2023 20:08 IST
    capital gains tax, taxation regime, LTCG, Budget 2023, Union Budget, asset holding, foreign investors, domestic investors, unlisted shares, listed shares, personal tax, tax slab rates, inflation
    What Budget 2023 may have in store for ease of capital gains tax

    Kunal Savani, Partner, Cyril Amarchand Mangaldas, said that while capital gains are taxed based on the period of holding and…

    By Tanya Krishna
    January 31, 2023 17:35 IST
    Hindenburg, investment research, manipulation, fraud, legal action, Adani report, Adani Group, financial research, stocks, shares
    What is Hindenburg Research? Why is this US investor firm shorting Adani Group stocks?

    “We look for similar man-made disasters floating around in the market and aim to shed light on them before they…

    By Tanya Krishna
    January 27, 2023 16:49 IST
    Adani enterprises, Gautam Adani, Hindenburg Research, market manipulation, fraud, legal action, document, US court, corporate malpractice, share prices
    Adani-Hindenburg face-off continues: Hindenburg says, come see us in US court if you are serious, show docs

    In a post responding to Adani Group’s statement, Hindenburg Research said that in the 36 hours of its releasing of…

    By Tanya Krishna
    January 26, 2023 22:39 IST
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    Latest News

    Watch: At least 12 killed as UPS plane flips and explodes into a fireball at Kentucky airport

    US Visa, Trump visa revocations, U.S. immigration crackdown, nonimmigrant visa cancellations, State Department actions, student visa bans

    Trump administration revoked 80,000 nonimmigrant visas since January

    Rahul Gandhi’s ‘H-Files’ claim labelled misleading by MP CM Mohan Yadav amid Bihar phase 1 polls

    Commerce and Industry Minister Piyush Goyal said talks are progressing fast between India and New Zealand

    India, New Zealand set to seal long-awaited Free Trade Pact, says Piyush Goyal

    Zohran Mamdani Nepal restaurant

    Chai, aloo dum and momo: Mamdani keeps it simple as NYC mayor-elect; gets dubbed ‘honorary Nepali’

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