NEWS
Wadias to exit Go First, show no interest in bidding for grounded airline
13 Oct 2023
Go First Airlines former owners, Wadia Group, have no interest in making a bid for the airline amid legal disputes and insolvencies. According to reports, only two candidates have shown expressions
Indian employers anticipate AI to generate new jobs in 1-5 years, with over 85% optimistic, reveals survey
13 Oct 2023
Indeed, a global hiring platform conducted a global survey on the potential of artificial intelligence (AI) being used in the workplace.
The Government of India delays new PLI schemes until it verifies the success of the existing ones
12 Oct 2023
The Government of India has decided to delay the introduction of production-linked initiatives (PLI) for additional sectors until the existing initiatives produce positive results.
Tech giants Google, Amazon, and Cloudflare were attacked by the largest ever denial of service operation
12 Oct 2023
Major tech companies such as Google, Amazon, and Cloudflare have encountered the internet’s biggest ever denial-of-service attack.
Orkla ASA merges MTR, Eastern, and International Business to create Orkla India
12 Oct 2023
The Norwegian industrial investment giant Orkla ASA has merged its three Indian businesses into one. These business units are MTR, Eastern, and International Business (IB).
Oil price soars as concerns over supply creep in amid Israel-Hamas conflict
11 Oct 2023
The price of oil rose higher on Wednesday, 11 October, with investors concerned about supply disruptions due to the Israel-Hamas conflict.
AMD to acquire AI software firm Nod.ai to challenge Nvidia
11 Oct 2023
Advanced Micro Devices (AMD) revealed on Tuesday, 10 October, its plans to buy Nod.ai, an artificial intelligence startup.
Blackstone in talks to acquire stake in Disney's Indian division amid free ICC World Cup streaming
11 Oct 2023
Blackstone, a private equity firm, has started initial talks with the Walt Disney Company to acquire a stake in the Indian division of the firm.
Direct tax collection on track to exceed budget target, says CBDT chairman
11 Oct 2023
Central Board of Direct Taxes (CBDT) chairman Nitin Gupta, during a recent address, expressed his strong confidence that the current fiscal's direct tax collection
Deloitte to acquire rival PwC's network firms in Sri Lanka and Maldives
10 Oct 2023
Deloitte, a world-renowned accounting firm, is planning to acquire some of the network firms from its competitor, PricewaterhouseCoopers (PwC), in the Maldives and Sri Lanka regions.
Tata Steel shares attract investors’ attention after Fitch boosts rating to 'BBB-'
10 Oct 2023
Tata Steel Ltd.'s shares are set to attract attention in Tuesday's, 10 October, morning trading session following an upgrade
South Korean electronics giants have been granted permission for easier US chip equipment exports to China
10 Oct 2023
South Korean tech giants such as Samsung Electronics and SK Hynix will be permitted to supply their chip equipment units to their Chinese factories.
