Chennai, May 28 (SocialNews.XYZ) Japanese automobile major Nissan Motor Company on Thursday said closure of Indonesian and Barcelona plants; reducing the number of models; rationalising production capacities; cutting down fixed costs by 300 billion Yen…
New Delhi, May 28 (SocialNews.XYZ) Innovating and ramping up use of technologies like Artificial Intelligence (AI) to make the most of data are top priorities for marketing leaders in India, while insufficient organisational structure and…
Amaravati, May 28 (SocialNews.XYZ) In a boost to the investment sentiment in the state, South Korean auto major KIA Motors India CEO announced an additional investment of USD 54 million in Andhra Pradesh. Speaking at…
New Delhi, May 28 (SocialNews.XYZ) In what could alter the Indian telecom scenario, Google is reportedly exploring to buy a 5 per cent stake in financially-stressed Vodafone Idea, a move that would not only pit…
By Anand Singh New Delhi, May 28 (SocialNews.XYZ) The diversions of the Shramik Special trains, causing delays of several hours in reaching their destinations, was due to the congestion in the North Central Railway’s Prayagraj-Manikpur-Pandit…
By Rohit Vaid New Delhi, May 28 (SocialNews.XYZ) Full-service carrier Vistara has witnessed a reasonable domestic demand on account of the pent-up travel needs of passengers, the airline’s key executive told IANS. Accordingly, since the…
New Delhi, May 28 (SocialNews.XYZ) As demand disruption and supply chain issues will severely impact revenue growth in the consumer businesses, it is likely to create investment opportunities for private equity (PE) firms, according to…
Mumbai, May 28 (SocialNews.XYZ) Reliance Industries (RIL) is comfortably placed to achieve its target of becoming a zero net debt company by the end of the financial year 2020-21 and the company also is expected…
By Subhash Narayan New Delhi, May 28 (SocialNews.XYZ) Be ready to face up to Rs 4-5 per litre increase in the pump price of petrol and diesel next month with public sector oil marketing companies…
Mumbai, May 28 (SocialNews.XYZ) India’s banks are staring at significant asset-quality challenges for at least the next two years despite regulatory measures, Fitch ratings said on Thursday. Accordingly, Fitch estimates that the impact on impaired-loan…
New Delhi, May 28 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Thursday chaired a meeting of the Financial Stability and Development Council (FSDC) through video conference to review the measures to maintain financial stability amid the…
Bengaluru, May 28 (SocialNews.XYZ) US-based startup Clumio on Thursday announced the launch of its research and development centre in Bengaluru to build Software-as-a-Service (SaaS)-based data protection solutions. Clumio, which already has 34 employees in India,…
New York, May 28 (SocialNews.XYZ) Coming from a low of $5.48, General Electric company has risen to the $7-level again after the deal selling its lighting business to Savant Systems. Finance tycoon James Richman has…
New Delhi, May 28 (SocialNews.XYZ) India is pitching itself as an alternative Business Continuity Plan destination as multinationals rethink their sourcing plans and re-organize supply chains. Invest India and JLL have prepared a report, “Great…
Seattle, May 28 (SocialNews.XYZ) Amazon Founder and CEO Jeff Bezos has rebutted claims about Covid-19 health concerns at the warehouses, saying the ecommerce giant has taken this seriously from the very beginning. In the annual…
Kochi, May 28 (SocialNews.XYZ) In these pandemic times, when the businesses are gravely affected and the MSMEs are particularly feeling the heat, a Kerala institute has come up with an initiative to help the distressed…
Mumbai, May 28 (SocialNews.XYZ) The key Indian equity indices surged on Thursday with the BSE Sensex rising over 400 points and the Nifty50 on the National Stock Exchange trading above the 9,400 mark. Healthy buying…
San Francisco, May 28 (SocialNews.XYZ) Several India-based firms are spoofing the World Health Organisation (WHO) by creating fake Gmail accounts and luring business leaders in disguise of informing them of latest Covid-19 announcements and hack…
New York, May 28 (SocialNews.XYZ) US stocks ended higher on Wednesday as investors weighed the possibility of normalizing economic activities. The Dow Jones Industrial Average surged 553.16 points, or 2.21 per cent, to 25,548.27. The…
New York, May 28 (SocialNews.XYZ) The US dollar strengthened in late trading on Wednesday as market participants sought safe-haven assets amid the fallout from the COVID-19 pandemic. The dollar index, which measures the greenback against…