PepsiCo is laying off headquarters workers from its North American snack and beverage units, according to the Wall Street Journal, in a sign that corporate reductions are beginning to extend beyond technology and media companies.
The Purchase, New York-based company will dismiss hundreds of employees, the Journal reported Monday, citing an internal memo. PepsiCo described the layoffs as intended to "simplify" the organisation, the Journal said.
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Home-cooked veg thali 8% costlier in April
Pricier onion, tomato and potato increased the cost of a home-cooked vegetarian thali by 8 per cent in April to â¹27.4 compared to â¹25.4 in the same month last year, said a report on Wednesday.
Depending on rain gods not a solution for forest fires: SC
The Supreme Court on Wednesday said cloud seeding or \"depending on rain gods\" is not the answer to the raging forest fires in Uttarakhand and that authorities will have to take preventive measures to tackle the problem.
Google launches wallet app in India
Tech giant Google on Wednesday launched the Google Wallet app in India, enabling users to store and retrieve digital documents like boarding passes, loyalty cards, movie tickets, and more.
Tailor health insurance riders to your family's medical history
Understand exclusions in each rider to avoid surprises at the time of claim
It's time to 'stock' up for those with risk appetite
Poll jitters, rich valuations to blame for muted May for markets, say analysts
Mutual funds go on â¹900 crore gilt selling trip in May
The stance of Mutual Funds (MF) in the government bond market has shifted in May, with fund houses now engaging in a selling spree, offloading around 900 crore worth of bonds so far.
Demat additions in April built on best ever quarter
Over 3 million accounts added for fifth straight month
Fund houses bet on 'special' opportunities as uncertainties loom
Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election and the continued uncertainty on the geopolitical and interest rate fronts.
New product launches, margins to drive gains for Godrej Consumer Products
Godrej Consumer Products (GCPL) reported 6 per cent yearon-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to 3,385 crore and this was impacted adversely by currency movement.
Getting Indiaâs growth priority right
To catch up with peers, not only in size but also in per capita income, India must focus on health and education
