Category: Business

Major UP depts have spent only 50% of allotted budget

Lucknow, Dec 15 (SocialNews.XYZ) Major departments in the Uttar Pradesh government have managed to spend only about 50 per cent…

2 years ago

E-commerce & fintech firm Bolt lays off 29% of staff

San Francisco, Dec 15 (SocialNews.XYZ) US-based e-commerce and fintech company Bolt has confirmed it laid off 29 per cent of…

2 years ago

SBI hikes interest rate on loans

Mumbai, Dec 15 (SocialNews.XYZ) The State Bank of India (SBI) has hiked its base rate of lending from 10.10 per…

2 years ago

Hero MotoCorp acquires extra 3% stake in Ather Energy for Rs 140 cr

New Delhi, Dec 15 (SocialNews.XYZ) Hero MotoCorp has acquired an additional 3 per cent stake in electric vehicle manufacturer Ather…

2 years ago

Corporate earnings impact of lower interest rates is muted

New Delhi, Dec 15 (SocialNews.XYZ) Fed’s dovish comments portend three rate cuts in CY24 and have turned market sentiment decisively.…

2 years ago

Infibeam Avenues up 5% in trade after announcing foray into capital markets software

New Delhi, Dec 15 (SocialNews.XYZ) Infibeam Avenues is up 5 per cent in trade after it announced an acquisition of…

2 years ago

Global coal demand expected to decline in 2026: IEA

New Delhi, Dec 15 (SocialNews.XYZ) After reaching an all-time high this year, global coal demand is expected to decline in…

2 years ago

E-com player Temu sues Shein for ‘Mafia-style’ intimidation of merchants

San Francisco, Dec 15 (SocialNews.XYZ) Growing e-commerce marketplace Temu has sued its rival Shein, alleging that the online shopping giant…

2 years ago

‘Project Kuiper’ internet satellites will operate like a mesh network: Amazon

San Francisco, Dec 15 (SocialNews.XYZ) Amazon's ‘Project Kuiper’ internet satellite system has completed successful tests of an optical mesh network…

2 years ago

European Central Bank holds rates steady

Frankfurt, Dec 15 (SocialNews.XYZ) The European Central Bank (ECB) has decided to leave its key interest rates unchanged. The interest…

2 years ago

Over 300 MoUs for Rs 50,000 crore investment signed at Bihar business summit

Patna, Dec 15 (SocialNews.XYZ) As many as 302 domestic and foreign companies have signed MoUs, entailing investment of more than…

2 years ago

Nikhil Kamath-backed Third Wave Coffee lays off over 100 employees

New Delhi, Dec 14 (SocialNews.XYZ) Zerodha Co-founder and CEO Nikhil Kamath-backed specialty coffee brand Third Wave Coffee has laid off…

2 years ago

Nothing’s India head Manu Sharma moves on, company says ‘best of luck’

New Delhi, Dec 14 (SocialNews.XYZ) Consumer electronics brand Nothing’s India head Manu Sharma is moving on and will stay with…

2 years ago

Adani Group to invest Rs 8,700 crore in Bihar

Patna, Dec 14 (SocialNews.XYZ) The Adani Group will invest Rs 8,700 crore in Bihar, a senior official of the company…

2 years ago

Change of guard: Two mega projects in Hyderabad put on hold

Hyderabad, Dec 14 (SocialNews.XYZ) Putting on hold the Hyderabad Airport Metro Rail project and the plans to develop mega township…

2 years ago

Lenovo invests $1bn to boost AI infrastructure solutions

New Delhi, Dec 14 (SocialNews.XYZ) Consumer electronics major Lenovo on Thursday announced that it has invested $1 billion to accelerate…

2 years ago

Calcutta HC rules in favour of Harsh Vardhan Lodha continuing as M.P. Birla Group Chairman

Kolkata, Dec 14 (SocialNews.XYZ) The Calcutta High Court on Thursday ruled in favour of Harsh Vardhan Lodha as the Chairman…

2 years ago

RBI fines four banks in Mumbai and Pune

Mumbai, Dec 14 (SocialNews.XYZ) The RBI has imposed monetary penalties on one bank in Mumbai and three co-operative banks in…

2 years ago

Coal Ministry hands over 8 mines to successful bidders

New Delhi, Dec 14 (SocialNews.XYZ) The Ministry of Coal issued the Vesting Orders for six commercial coal mines and signed…

2 years ago

X Corp banned over 3L accounts for policy violations in India in Nov

New Delhi, Dec 14 (SocialNews.XYZ) Elon Musk-run X Corp banned a record 3,33,036 accounts in India between October 26 and…

2 years ago



This website uses cookies.

%%footer%%