Twitter closes 2/3 India offices; Google layoffs 453 in India
#BigIdea of the day: How to be wise
There’s one overarching theme to all the things wise people do: They make sure they get something positive and useful out of every interaction.
Everything they do feeds on top of everything else they do.
That’s how you create a positive cycle for yourself. That means your life will only get better. [Via]
#News
Google layoffs 453 employees in India
Google India has let go of 453 employees.
Last month, Alphabet Inc. (Google’s parent company) announced that 6% of its global staff would be fired.
CEO Sundar Pichai has sent an email to the affected staff.
Twitter closes two of three India offices, instructs staff to work remotely
Twitter shuts two of its three offices in India.
The offices in New Delhi and Mumbai have been closed.
Twitter has asked its staff to work from home.
Twitter fired over 90% of its 200+ staff in India last year
India ranked 4th in Global Entrepreneurship Monitor for Quality Entrepreneurship Ecosystem
India ranked 4th out of 51 countries in the Global Entrepreneurship Monitor (GEM) National Entrepreneurship Context Index (NECI) report.
Bengaluru is now world’s second-most traffic congested city
With a longer journey time of roughly 29 minutes and 10 seconds to cover a distance of 10 kilometres in 2022, the capital of Karnataka has clinched the second spot, behind only London.
The list of India’s busiest cities is headed by Bengaluru, with Pune coming in at number six, New Delhi at number 34, and Mumbai at number six (47)
RBI alters NEFT and RTGS for daily reporting of foreign remittances
The Reserve Bank of India (RBI) has made changes to the NEFT and RTGS systems for Foreign Contribution Regulation Act (FCRA) related transactions.
This is in response to the Home Ministry’s requirement for the State Bank of India (SBI) to report all details of overseas donors, including the purpose of remittances, on a daily basis.
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