Record low! Rupee recovers slightly after breaching 91-mark for the first time; settle at 90.93 against US dollar

[ad_1] The rupee on Tuesday slid to a fresh record low, breaching the 91-per-dollar mark for the first time during intra-day trade, before recovering partially to end 15 paise weaker at 90.93 against the US dollar, amid persistent foreign fund outflows and uncertainty over India–US trade negotiations.The domestic currency initially dropped as much as 36…

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GCCs reshape India’s tech jobs: Hiring grows four times faster than IT services; AI-led roles drive surge

[ad_1] Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics,…

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Kraft Heinz split: Steve Cahillane named CEO for Global Taste Elevation Co division; appointment effective January 1, 2026

[ad_1] Steve Cahillane to become CEO of KRaft Heinz, which currently in process of splitting (AP file photo) US-origin food MNC Kraft Heinz has tapped Steve Cahillane as the new CEO, effective January 1, 2026, as the company prepares for its division into two separate entities.He will subsequently lead the Global Taste Elevation Co., which…

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IndiGo chaos aftermath: Aviation turbine fuel sales plunge; down over 4% in early December

[ad_1] Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo’s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when…

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