Tech Mahindra headcount drops by 1,757 in Q4

In the quarter ended March 31, 2024, the company’s workforce shrank by 1,757 employees. This decline comes amid a challenging business environment and cautious hiring strategies. Despite the quarterly fall, Tech Mahindra added 3,276 employees on a year-on-year basis, marking a 2.3 per cent increase. By the end of FY25, the company’s total headcount stood…

Govt will establish STP in Periyanaickenpalayam after identifying suitable land: Minister

Minister for Municipal Administration and Water Supply K.N. Nehru on Thursday said the State government will identify a suitable parcel of land and establish a sewage treatment plant (STP) to prevent wastewater from being discharged in a stream flowing through Periyanaickenpalayam town panchayat in Coimbatore district. The Minister was responding to a calling attention motion…

Termination Day at the Fed? Probably Not

President Trump is not happy with Federal Reserve Chair Jerome Powell. With the economy likely to slow under the weight of the administration’s tariffs and corresponding uncertainty, the president thinks the Fed should be cutting rates preemptively. Powell, in contrast, prefers a wait-and-see approach, at least partially out of fear that inflation will resurge if…