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Crisis-hit IL&FS to cut 65% jobs to halve wage bill

In its second report on ‘Progress and Way Forward’ submitted to the National Company Law Tribunal (NCLT) and stock exchanges, the new board said that it will be taking up ‘manpower optimisation’ initiatives across the IL&FS Group in two phases.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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