Bengaluru, Nov 4 (UNI) Bengaluru-based space technology company Astrobase plans to invest Rs 500 crore to establish a rocket manufacturing facility in Karnataka, with an annual capacity of up to 40 rocket engines and potential to generate over 1,250 jobs, Industries Minister MB Patil said.
New Delhi, Oct 29 (UNI) Amazon has cut about 250 jobs in its devices and services division, primarily affecting software development roles, as the e-commerce giant looks to streamline operations and align its workforce with its product roadmap. The layoffs come weeks after the company rolled out new devices, including Kindle e-readers and tablet computers.