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News and analysis from the world of business and finance.

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Several financial firms have slashed #jobs in recent months including major #WallStreet banks, asset managers and fintechs amid a turbulent #macroeconomic environment that has pressured consumers and soured demand in several mainstay #business units.

Read here: https://www.livemint.com/news/world/kpmg-becomes-first-big-four-accounting-firm-to-layoff-employees-in-us-11676518796552.html
#Aakash Educational Services, the firm's tutoring #business provider, will issue the notes that will convert into #equity at a discount of 20% to the listing price of the unit's planned #IPO.

Read here: https://www.livemint.com/market/ipo/byjus-is-said-to-seek-250-million-in-aakash-pre-ipo-funding-11678338910248.html
In a memo sent to staff, co-founder and CEO #JonahPeretti said in addition to the news division, layoffs would take place in its #business, #content, #tech and administrative teams. #BuzzFeed is also considering making job cuts in international markets

Read here: https://www.livemint.com/companies/news/buzzfeed-to-close-news-division-cut-15-of-all-staff-11682010416996.html
While the government directly contracts some hotels and companies for #G20-related events, others benefit from spillover #business when meetings are held in their cities.

Read here: https://livemint.com/companies/news/g20-summits-set-to-boost-hotel-and-travel-business-in-india-s-major-cities-with-delegates-from-29-countries-expected-to-attend-11683225364728.html
Get expert insights from top leaders breaking down the Union Budget and how it will affect different sectors. 📊

Only on Mint: https://htmedia.page.link/Z22c

#Budget2024 #IndAISurge #LiveMint #Business #Startup #BudgetWithMint #ThinkAheadThinkGrowth
Get an insider look at the paths of #India’s leading entrepreneurs with #FounderDiaries. 🎬

Premium stories for #MintPremium members – access them first! 🚀 https://livemint.com/premium

#Startups #Founders #Entrepreneur #Business #Mint
On episode 2 of #FounderDiaries, Mayank Kumar of upGrad Education, discusses his #startup journey, meeting co-founders, and why they chose online upskilling.

Watch the full interview for more🎥

https://www.youtube.com/watch?v=eynbFI7oJ-0

#Founders #Business #Edtech #Unicorn