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BBCNEWS World Business Report June 4, 2024 13:41:00

The government in sri lanka is proposing its foreign lenders take a 30% cut on the principal amount owed. now getting the bilateral creditors, especially china, to agree on these terms, will be crucialfor sri lanka to get the next tranche of the imffunding in october. in other news. twitter is facing a class action lawsuit in san francisco claiming it failed to pay at least $500 million in severance to thousands of employees. more than half of twitter๏ฟฝ*s workforce were laid off by elon musk af...
Sri Lankan Elon Musk San Francisco Class Action Lawsuit 00 Million 500 Million

Software giant SAP says India is fastest growing market for company, cloud customers doubled in last 2 years

โ€œIt's been an very exciting 25 years for SAP because while the Indian economy has grown about 10x in the last 25 years, today, we end up touching more than 60 per cent of India's GDP, just through SAP and its partner ecosystem. I call it the nation building story for us,โ€ said Kulmeet Bawa, President & MD, SAP Indian Subcontinent
United States Kulmeet Bawa Christian Klein Air India Apollo Tyres Asian Paints

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Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings

Amid the global uncertainty and massive layoffs, 4 in 5 professionals in India are looking for a new job in 2023, a report showed on Wednesday. ๐Ÿ“ฒ Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings.
New Delhi Nirajita Banerjee Company Lays Off Software Giant To Sack Microsoft Layoffs Software Giant

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