Category: Business

Motorola appoints TM Narasimhan to lead its India business

New Delhi, Jan 3 (SocialNews.XYZ) Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director…

2 years ago

Digital news startup The Messenger to lay off about 24 employees

San Francisco, Jan 3 (SocialNews.XYZ) Digital news startup The Messenger is reportedly laying off about 24 employees amid severe cash…

2 years ago

Startup Frontdesk lays off entire staff over 2-minute ‘Google Meet call’

San Francisco, Jan 3 (SocialNews.XYZ) Online rental platform Frontdesk has become the first tech startup to lay off employees in…

2 years ago

Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley

San Francisco, Jan 3 (SocialNews.XYZ) Samsung on Wednesday announced to launch its next flagship Galaxy S24 series, powered by AI,…

2 years ago

US and global economy may face major challenges in 2024

Washington, Jan 2 (SocialNews.XYZ) The US and the global economy may face major challenges in 2024 though they have proved…

2 years ago

Sharp outperformance of small and midcaps in 2023 makes valuations a challenge

New Delhi, Jan 2 (SocialNews.XYZ) The sharp outperformance of small and midcaps in 2023 has led to valuations becoming a…

2 years ago

Tesla delivers 1.81 mn cars in 2023, stays behind China’s BYD

San Francisco, Jan 2 (SocialNews.XYZ) Elon Musk-run electric vehicle (EV) company Tesla on Tuesday said it delivered 1.81 million cars…

2 years ago

Transactions via UPI cross 100 bn mark in 2023: NPCI

New Delhi, Jan 2 (SocialNews.XYZ) Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to…

2 years ago

India’s multi-year capex cycle has started unfolding

New Delhi, Jan 2 (SocialNews.XYZ) India's capex upcycle is visible across the two largest segments viz. housing and corporate capex…

2 years ago

CCI okays Punjab State Power Corporation’s acquisition of GVK Power plant

New Delhi, Jan 2 (SocialNews.XYZ) The Competition Commission of India (CCI) has approved the proposed acquisition of 100 per cent…

2 years ago

Indian pharma firm launches oral solution for prostrate cancer

Chennai, Jan 2 (SocialNews.XYZ) Drug maker BDF Pharmaceuticals on Tuesday said it has introduced the world’s first oral solution in…

2 years ago

VST Industries hits upper circuit of 20% after Radha Kishan Damani, MFs buy shares

New Delhi, Jan 2 (SocialNews.XYZ) Shares of VST Industries ended at the upper circuit of 20 per cent on Tuesday…

2 years ago

Adani Ports handled 35.65 MMT cargo in Dec ’23

Chennai, Jan 2 (SocialNews.XYZ) The Adani Ports and Special Economic Zone Ltd (APSEZ) closed December 2023 by handling 35.65 MMT…

2 years ago

Vedanta, Gujarat Alkalies to jointly explore opportunities in caustic-chlorine businesses

Chennai, Jan 2 (SocialNews.XYZ) Vedanta Ltd and Gujarat Alkalies and Chemicals Ltd (GACL) have inked a Memorandum of Understanding (MoU)…

2 years ago

RBI issues draft norms for dividend declaration by banks

Mumbai, Dec 2 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Tuesday came out with draft norms on declaration of…

2 years ago

Modi dedicates, lays foundation of Rs.20,000 crore projects in TN

Chennai, Jan 2 (SocialNews.XYZ) Prime Minister Narendra Modi on Tuesday dedicated to the nation and laid the foundation for development…

2 years ago

upGrad’s KnowledgeHut CEO quits, company appoints new head

New Delhi, Jan 2 (SocialNews.XYZ) Founder and Chief Executive Officer (CEO) of upGrad-owned edtech company Knowledgehut Subramanyam Reddy has resigned…

2 years ago

Consumer discretionary categories barring jewellery, travel staring at moderating growth

New Delhi, Jan 2 (SocialNews.XYZ) Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem…

2 years ago

Goldman Sachs cuts India’s CAD forecast for current fiscal to 1% of GDP

Mumbai, Jan 2 (SocialNews.XYZ) Goldman Sachs has lowered its projection for India’s current account deficit in 2023-2024 to 1 per…

2 years ago

Auto stocks top losers due to weak Dec volumes

New Delhi, Jan 2 (SocialNews.XYZ) Nifty fell for the second consecutive session on Tuesday. At close, Nifty was down 0.35…

2 years ago



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