British fashion giant Burberry announced plans to slash almost one fifth of its global workforce, laying off 1,700 employees. The move comes as a major cost saving move to revive the company’s performance.The cuts come as part of a broader shake-up under chief executive officer Joshua Schulman, who joined the company last year to reverse…
NEW DELHI: Bharatiya Janata Party MP Tejasvi Surya on Friday took a dig at the Congress-led Karnataka government over the Bengaluru stampede, which claimed the lives of 11 people. Surya mockingly credited chief minister Siddaramaiah and deputy CM DK Shivakumar for Royal Challengers Bengaluru’s long-awaited IPL trophy, while reacting to the chaos and political drama…
Dhanush and Nagarjuna’s ‘Kuberaa’ is maintaining a steady performance at the box office, accumulating Rs 60.71 crore in India after six days. The film had a strong opening weekend, driven by positive word-of-mouth and the actors’ fanbases, though weekday collections have seen a typical drop. With a stellar cast and no major releases on the…
Harvard revokes tenure for ethics scholar Francesca Gino in unprecedented US academic case. (Getty Images) Harvard University has taken the extraordinary step of revoking tenure from Francesca Gino, a world-renowned ethics scholar, following an internal investigation that found evidence of data manipulation. This rare decision marks one of the most significant disciplinary actions in US…
NEW DELHI: Despite a muted trend in the equity market, four of the top 10 most valued Indian companies added a combined Rs 1,01,369.5 crore to their market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the top gainer. The BSE benchmark, however, slipped by 270.07 points or 0.33% during the…
BENGALURU: Delhi high court asked Wipro to pay Rs 2 lakh to a former employee for defamatory remarks in a relieving letter. The former employee, aggrieved by the allegedly defamatory remarks in the letter, sought issuance of a fresh letter that removes the statements damaging his character and professional integrity.The employee worked as a principal…
Chief of Defence Staff (CDS) Anil Chauhan NEW DELHI: Chief of Defence Staff (CDS) Anil Chauhan on Friday reiterated the government’s stand that Operation Sindoor, which began to avenge the Pahalgam attack, is continuing.“As I said earlier, there are no runners up in war, and giving examples of Operation Sindoor, which still continues; our preparedness…
Indian shuttler HS Prannoy staged a remarkable comeback to defeat Japan’s Koki Watanabe in the opening round of the China Open Super 1000 badminton tournament in Changzhou on Tuesday, saving five match points to win 8-21, 21-16, 23-21.The world No. 35 Prannoy showed exceptional resilience against the 18th-ranked Watanabe, particularly in the final game where…
NEW DELHI: Centre has identified as priority irrigation and power generation, among other developmental projects, in the Indus River Basin in sync with its resolve to utilise additional waters of western rivers – Indus, Jhelum and Chenab – in J&K and its neighbouring states in a time-bound manner.The decision on how to streamline these projects…
Amid rising concern over the economic fallout of President Donald Trump’s sweeping tariffs and federal workforce cuts, US employers added 139,000 jobs in May — a slowdown from the previous month, but still a sign of resilience in a jittery economy.Hiring eased from a revised 147,000 in April, while the unemployment rate held steady at…
