Nokia announced in October that it had reached an agreement to supply Reliance Jio with equipment for its 5G rollout in India
Global banking majors such as ANZ Grindlays, RBS, Commonwealth Bank of Australia have scaled down their operations in India for a variety of reasons
This adds to the woes of the Gautam Adani-backed conglomerate that is currently under a selling spree on the Indian bourses for six consecutive trading sessions
Citigroup layoffs have also reportedly impacted staffers across firm’s operations, technology organisation and US mortgage-underwriting arm
Adani vs Hindenburg: While Standard Chartered is yet to officially comment on the same, the reported move by the lending giant comes a time when Adani Enterprises and other firms of the Adani Group are navigating tricky...
Citigroup layoffs 2023: The Wall Street giant’s investment banking and mortgage units are among the most affected by these layoffs
