Challa Sreenivasulu Setty Recommended by FSIB as New SBI Chairman
The Financial Service Institutions Bureau (FSIB) recommended Challa Sreenivasulu Setty, the senior-most managing director of the State Bank of India,...
Business
Microsoft Back to the Top as World’s Most Valuable Company, Nvidia Slips to Second Position Again
Microsoft regains the top position as world’s most valuable company after the stock price of Nvidia dropped by 3.4% on...
End of Saudi-U.S. Petrodollar Pact Signals Potential Decline of Dollar Dominance
The petrodollar agreement, or we can say collaboration, between the United States and Saudi Arabia came to an end on...
Hyundai Files for IPO, Potentially India’s Biggest IPO Surpassing LIC
It is likely to be seen as India’s biggest IPO since LIC, which set a record by selling shares worth...
RBI Annual Report: Optimistic Economic Outlook Amid Climate Risks and Geopolitical Tensions
The Reserve Bank of India's (RBI) annual report for 2023-24 highlights cautious optimism about India's economic growth despite potential challenges...
Good News for IT Workers with Hopes of a Definitive Reduction in Layoffs
Between January and March 2024, Indian entrepreneurs eliminated 60% fewer jobs than they did over the same period the previous...
Tata Group in Advanced Talks to Acquire Pegatron’s iPhone Plant in India
Tata Group is in advanced talks to purchase Pegatron's sole iPhone manufacturing site in India, in a strategic move that...
Tech Layoffs in 2024 Continue to Expand Brutally and will Continue the Same Trend in 2024
The tech industry continues to struggle with layoffs, with fresh job cutbacks reported every month. So far, 237 IT businesses...
According to Estimates, 1,000 Indian Labourers Manually Powered Amazon’s AI-Based ‘Simply Walk Out’ Checkout Technology
Amazon's well-known 'Just Walk Out' technology, which allows shoppers to bypass checkouts, unexpectedly relied on international labour. According to the...
Alteria Capital Closes Fund III with $195 Million, Eyes Expansion in Venture Debt Space
Alteria Capital, a well-known venture debt firm located in Mumbai, has successfully completed its third fund for Rs 1,550 crore,...
