Tesla Proposes New EV Plants Be Set Up In India
Tesla Inc. informed government officials on Wednesday, May 17, that it plans to establish a plant in India to produce electric vehicles for domestic and international […]
Business
How Rich Is The Rich? Shocking Wealth Of India’s 1% Rich Club
In a recent analysis, the international real estate consultancy Knight Frank revealed the required net worth to be included in a country’s top 1% of wealthiest citizens. […]
Wells Fargo Agrees to $1B Settlement with Shareholders Over Fake Account Scandal
Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit filed by shareholders who accused the bank of misleading them about its […]
Vodafone Announces 11,000 Job Cuts Over The Next 3 Years
Vodafone stated on Tuesday, May 16, that it would shed 11,000 positions over the next three years as part of a turnaround strategy to remedy its financial […]
Musk Informs His Staff At Tesla That He Must Approve All Future Hirings
Elon Musk informed his Tesla staff in an email on Monday, May 15, that new hires could only be made if he approved them. Musk Turns […]
Polycystic Ovary Syndrome Market: A $5.02 Billion Opportunity by 2029
Polycystic Ovary Syndrome (PCOS) is a common hormonal disorder that affects millions of women worldwide. It causes irregular periods, excess hair growth, acne, weight gain, […]
Oneok Offers $18.8 Billion Deal To Buy Magellan Midstream
Oneok, a major US pipeline company, announced its plans to acquire Magellan Midstream Partners for $18.8 billion on Sunday, May 14, establishing one of North […]
Adani stocks get a boost as BSE and NSE lift ASM restrictions
In a major relief for Adani Group shareholders, three of its stocks have been removed from the additional surveillance measure (ASM) framework by the Bombay […]
The Future Aakash IPO Of BYJU’s Raises Debt Of Rs 2000 Crore
The IPO tied to Aakash Educational Services, Byju’s exam preparation business, has concluded a Rs 2,000 crore round from Davidson Kempner Capital in a structured credit transaction […]
India’s Retail Inflation Eases To 4.7% While CPI Remains Within RBI Tolerance
According to figures provided by the Ministry of Statistics on Friday, May 12, India’s retail inflation slowed to an 18-month low of 4.70 percent in April on […]
Simon Thompson, The Chief Of Royal Mail, Steps Down
After a year-long dispute with employees over compensation and a disagreement about delivery, the Royal Mail’s CEO resigned on May 12. He showed his gratitude to his […]
Linda Yaccarino Might Become New Twitter CEO
Elon Musk, the owner of Twitter, claimed on Thursday, May 11, to have hired a new chief executive officer (CEO) to lead the social networking […]
Indian Rupee Surges Below 80 Against Strengthening US Dollar
Due to the widespread rise in the dollar index, the Indian rupee declined on Thursday, May 11, moving closer to the almost two-week lows touched earlier this […]
Bajaj Finance Offers Higher Returns on FDs With 40 Basis Points Rise
The fixed deposit (FD) rates of Bajaj Finance, the lending division of Bajaj Finserv, increased by up to 40 basis points on Wednesday, May 10. The Plan […]
Foxconn Acquires 300 Acres of Land in Bengaluru
Taiwanese electronics firm Foxconn, the largest contract electronics producer in the world and a major Apple iPhone assembler, revealed in a filing on Tuesday, May 9, that […]
Over 2 million 5G users in Mumbai avail the Airtel Service
Airtel today, on May 9, stated that it had reached 2 million 5G consumers in Mumbai since its introduction in October of last year. 5G Coverage […]
Air India Extends Voluntary Retirement Deadline to May 31
On Monday, May 8, Air India stated that it would extend the deadline for staff to apply for the Voluntary Retirement Scheme (VRS) till the end of […]
SpiceJet Gets Notice From NCLT Regarding Their Insolvency Petition
On May 8, SpiceJet received a notification from the National Company Law Tribunal in response to a petition filed by aircraft lessor Aircastle (Ireland) Ltd that asked […]
Two Adani Companies Receive A Lowered Free Float From MSCI
In its forthcoming May index review, the index provider MSCI said on Friday that it would reduce the free float percentages of two Adani Group […]
NCLT to decide on Go First’s voluntary resolution process amid aircraft repossession threat
While aircraft lessors vehemently objected to the petition, the National Company Law Tribunal (NCLT) on Thursday, May 4, reserved order regarding the crisis-hit airline Go […]