Explained: What is the Voluntary Retirement Programme that Microsoft is offering to its 8500-plus employees

Explained: What is the Voluntary Retirement Programme that Microsoft is offering to its 8500-plus employees

Microsoft is offering voluntary retirement to roughly 7% of its US workforce—about 8,750 people out of 125,000 American employees. It’s the first time in the company’s 51-year history it has done anything like this. In previous years, when Microsoft needed to cut costs, it reached for layoffs: more than 15,000 jobs went last summer alone….

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Core member Sandeep Pathak’s exit from AAP hits party the most | India News

Core member Sandeep Pathak’s exit from AAP hits party the most | India News

NEW DELHI: When AAP announced its Rajya Sabha nominees from Punjab in 2022, the spotlight was not on Lovely Professional University founder Ashok Mittal or cricketer Harbhajan Singh, but on the relatively unknown Sandeep Pathak. Having stayed away from public visibility since joining the party in 2016, Pathak’s low profile contrasted sharply with his growing…

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Us Sanctions China Oil Refinery: ‘Economic Fury’: US sanctions China's 'teapot' refinery & 40 shipping companies, tightens pressure on Iran oil trade

Us Sanctions China Oil Refinery: ‘Economic Fury’: US sanctions China’s ‘teapot’ refinery & 40 shipping companies, tightens pressure on Iran oil trade

The United States has imposed fresh sanctions on a major China-based oil refinery and around 40 shipping companies and tankers linked to Iranian oil transport, escalating its campaign to choke Tehran’s key revenue stream.The move, announced on Friday, targets what Washington describes as an extensive “shadow network” used to move Iranian crude to global markets.It…

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Helena Bonham Carter EXITS ‘The White Lotus’ Season 4; Role to be rewritten and recast amid ongoing shooting schedule |

Helena Bonham Carter EXITS ‘The White Lotus’ Season 4; Role to be rewritten and recast amid ongoing shooting schedule |

Helena Bonham Carter has exited Season 4 of ‘The White Lotus’. News of her exit comes just as production began on the new season, which is set in France along the French Riviera.The upcoming instalment of the hit series, created by Mike White, is also reported to take place during the Cannes Film Festival, sparking…

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Ashoka Buildcon wins ₹600 crore Angola electricity distribution project

Ashoka Buildcon wins ₹600 crore Angola electricity distribution project

Ashoka Buildcon Ltd. on Friday, April 24, said it has received a Letter of Contract Acceptance from the Ministry of Energy and Water, Republic of Angola, for an electricity infrastructure project. The contract, valued at $72.36 million (approximately ₹600 crore), pertains to the ‘Electricity Sector Improvement and Access Project’ and involves the design, supply, installation…

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ED conducts raids in Kolkata, North 24 Parganas in ration scam probe | Kolkata News

ED conducts raids in Kolkata, North 24 Parganas in ration scam probe | Kolkata News

KOLKATA: The Enforcement Directorate (ED) on Saturday carried out searches at multiple locations in West Bengal as part of its ongoing money laundering investigation into the alleged ration distribution scam, officials said.ED teams are also conducting a raid at the residence of businessman Partha Sarathi in North 24 Parganas district in connection with the Public…

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'There's no oil coming out': US rules out extension of Iranian and Russian oil waivers

‘There’s no oil coming out’: US rules out extension of Iranian and Russian oil waivers

United States treasury secretary Scott Bessent on Friday said that America is not planning to renew a waiver allowing the purchase of Russian oil currently at sea.While talking to news agency Associated Press, Bessent also added that another waiver for Iranian oil at sea is “totally off the table.”“Not the Iranians. We have the blockade,…

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