Boeing issues layoff notices with 60-day notice period after debt-ridden planemaker trims 10% of global workforce

[ad_1] Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. U.S. staff receiving the notices this week will stay on Boeing’s payroll until January to comply with federal requirements that…

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Peak XV Partners leads ₹565-crore investment in rural credit startup SarvaGram Solutions

[ad_1] SarvaGram Solutions, a Pune-based credit platform that focuses on rural areas, has secured ₹565 crore in a Series D investment led by Peak XV Partners. It plans to use the funds to expand its credit products business to more parts of the country. Existing investors Temasek, Elevar Equity, Elevation Capital and TVS Capital also…

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