NEWS
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Tesla chief Elon Musk reveals plans to make 200,000 Cybertrucks annually
01 Nov 2023
Tesla, Inc. is setting its sights on manufacturing 200,000 units of its highly anticipated electric pickup truck, the Cybertruck, each year.
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WeWork faces imminent bankruptcy filing amid mounting debt woes
01 Nov 2023
Troubled flexible workspace provider WeWork is on the brink of filing for bankruptcy as early as next week. The SoftBank Group-backed company, grappling with a staggering debt load
World Bank warns Middle East conflict could trigger global commodity and oil price surge
31 Oct 2023
The World Bank has sounded the alarm, cautioning that the ongoing conflict between Israel and HAMAS in the Middle East has the potential to significantly
Vietnam explores chip industry expansion despite high costs
31 Oct 2023
Vietnam is currently in discussions with major chip companies to boost investments in the country, potentially leading to the establishment of its first semiconductor
Blackstone to enter into Indian healthcare sector with acquisition of Care Hospitals
31 Oct 2023
A statement published on Monday, 30 October, 2023, by Blackstone indicated that they will buy a majority stake in India’s Care Hospital from a fund belonging to asset management firm TPG.
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The Indian IT sector witnesses its first hiring slump in 25 years
30 Oct 2023
With the rise in geopolitical tensions and spending cuts by western countries, there has been a decline in hiring at most Indian IT companies.
DGGI investigates Godrej's Rs 2,825 crore acquisition of Raymond's consumer goods business
30 Oct 2023
The Directorate General of GST Intelligence (DGGI) is currently investigating a recent deal involving and Godrej.
Apple faces growing threat as Huawei gains traction, Chinese consumers shift loyalty
30 Oct 2023
There are several reports coming out of China that point towards an abysmal sales record for Apple’s latest iPhone model. Then the iPhone 15 has started a slower innings compared to its predecessor in the Chinese markets.
JioSpaceFiber unveils satellite-powered internet connectivity at IMC 23 in groundbreaking preview
27 Oct 2023
Reliance Industries' telecommunications subsidiary, Reliance Jio Infocomm, unveiled its satellite-based broadband service, JioSpaceFiber, during the India Mobile Congress, which commenced on 27 October, 2023.
Infosys founder Narayana Murthy encourages 70-hour workweek for Indian youngsters
27 Oct 2023
Narayana Murthy, founder of Infosys, has stunned everyone by stating that India’s work culture needs to change and that the young workforce needs to work 70 hours a week to make India a global superpower.
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Intel surpasses Wall Street expectations with high margins for fourth quarter
27 Oct 2023
Intel has predicted higher fourth quarter revenue and margins than the estimates of Wall Street on Thursday, 26 October, 2023.
Investor concerns are high as Wipro shares fall by 47% over the past two years
26 Oct 2023
One of India’s largest IT firms, Wipro Ltd., has experienced a decline of 47% in shares from their record all-time high in nearly two years.
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