Category: Business

Sky One, SpiceJet express interest in acquiring troubled airline Go First amid liquidation concerns

New Delhi, Dec 19 (SocialNews.XYZ) Sky One, an aviation company headquartered in Sharjah, and SpiceJet have shown interest in acquiring…

2 years ago

S.Korea unhappy with France over exclusion of Kia EV from subsidy list

Seoul, Dec 19 (SocialNews.XYZ) South Korea expressed regret to France on Tuesday over the exclusion of a locally produced electric…

2 years ago

India tops global remittances list for 2023 with $125 bn inflow

New Delhi, Dec 19 (SocialNews.XYZ) The inward remittances to India in 2023 increased by 12.3 per cent to $125 billion…

2 years ago

IT stocks drag Sensex lower

New Delhi, Dec 19 (SocialNews.XYZ) The market is likely to move into a consolidation phase as the Christmas holidays and…

2 years ago

India’s growth rate to stay strong, current account deficit to dip: IMF report

New Delhi, Dec 19 (SocialNews.XYZ) India’s economic growth rate is expected to remain strong, supported by macroeconomic and financial stability,…

2 years ago

Only 45% job seekers employable in Indian IT-tech sector amid skill crunch

New Delhi, Dec 19 (SocialNews.XYZ) With the widening skill gap in the Indian IT industry, only 45 per cent of…

2 years ago

OpenAI to fend off AI user harm, gives board veto power on risky AI

San Francisco, Dec 19 (SocialNews.XYZ) Sam Altman-run OpenAI has expanded its internal safety processes to tackle the threat of harmful…

2 years ago

Zee Entertainment shares slump as Sony has not yet agreed to extension for merger deadline

New Delhi, Dec 19 (SocialNews.XYZ) Sony Pictures Networks India (SPNI) said on Tuesday that it looks forward to hearing Zee…

2 years ago

EV truck firm Nikola founder sentenced to 4 yrs for securities fraud

New York, Dec 19 (SocialNews.XYZ) Trevor Milton, former founder and CEO of electric truck startup Nikola, has been sentenced to…

2 years ago

Adobe terminates $20 bn deal to buy rival Figma amid regulatory headwinds

San Francisco, Dec 19 (SocialNews.XYZ) Software major Adobe has announced to terminate its $20 billion mega deal to buy its…

2 years ago

Paytm offers exclusive discounts on flight tickets for Dubai Shopping Festival

New Delhi, Dec 19 (SocialNews.XYZ) One97 Communications Limited (OCL) that owns leading payments and financial services company Paytm, on Tuesday…

2 years ago

Apple to stop selling Watch Series 9, Ultra 2 in US over patent dispute

San Francisco, Dec 19 (SocialNews.XYZ) Apple will stop selling its Watch Series 9 and Ultra 2 smartwatches in the US…

2 years ago

Ebix stock in record plunge after bankruptcy filing

New York, Dec 18 (SocialNews.XYZ) Shares of Ebix Inc. plummeted 54.6 per cent towards a 17-year low in premarket trading…

2 years ago

Industry stakeholders hail new Telecommunications Bill 2023

New Delhi, Dec 18 (SocialNews.XYZ) Industry stakeholders on Monday welcomed the new Telecommunications Bill, 2023, saying its provisions will bring…

2 years ago

Oil and gas prices rise as BP stops Red Sea shipments

London, Dec 18 (SocialNews.XYZ) Oil and natural gas prices rose sharply on Monday after BP said it would pause all…

2 years ago

Sun Pharma clinches $30 million deal for 16.7% stake in US firm

Mumbai, Dec 18 (SocialNews.XYZ) India’s Sun Pharmaceuticals Ltd said on Monday that it has entered into agreement to acquire a…

2 years ago

Govt putting up 26 coal mines for commercial auction

New Delhi, Dec 18 (SocialNews.XYZ) The government is putting up another 26 coal mines for commercial auction in the next…

2 years ago

$250 mn ADB loan okayed for Delhi-Meerut Rapid Transit System

New Delhi, Dec 18 (SocialNews.XYZ) The Government of India and the Asian Development Bank (ADB) have signed an agreement for…

2 years ago

Biocon Biologics concludes integration of acquired biosimilars business in 120 countries

Bengaluru, Dec 18 (SocialNews.XYZ) Pharmaceutical giants Biocon Biologics has successfully completed the transition of its acquired biosimilars business in 120…

2 years ago

Bengaluru consumer court asks LG Electronics, seller to reimburse total cost of defective dishwasher with interest

Bengaluru, Dec 18 (SocialNews.XYZ) A consumer court in Bengaluru has held LG Electronics and its authorised seller Girias Investment Private…

2 years ago



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