NEWS
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Omidyar Network announces its exit from the Indian market after a decade of operations
12 Dec 2023
In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.
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Cognizant to sell office assets in Bengaluru, Hyderabad for operational optimization
12 Dec 2023
In a strategic move towards becoming asset-light, software services giant Cognizant Technologies is set to sell its office assets in Bengaluru and Hyderabad.
Max Healthcare to acquire Sahara Hospital for Rs940 cr
12 Dec 2023
Max Healthcare Institute has agreed to acquire Lucknow-based Sahara Hospital, as it looks to expand its operations in the country.
COP28 summit: Draft climate deal falls short of fossil fuel 'phase-out'
12 Dec 2023
As the COP28 summit in Dubai, UAE approaches its final day, the latest draft text, issued by President Sultan Al Jaber, has refrained from addressing the phasing out of fossil fuels.
Occidental Petroleum to acquire CrownRock LP in $12 bn deal
12 Dec 2023
US oil company Occidental Petroleum on Monday said it has entered into an agreement to acquire Midland-based oil and gas producer CrownRock L P, for cash and stock in a transaction valued
Nvidia expands AI development partnership with Vietnam's tech leaders
11 Dec 2023
In a significant development, US chipmaker Nvidia’s CEO, Jensen Huang, declared on Monday the company’s commitment to enhancing its collaboration with Vietnam’s top tech firms.
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Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing
11 Dec 2023
Boeing is all set to appoint Stephanie Pope, a seasoned company veteran and current head of Boeing Global Services, as its Chief Operating Officer (COO).
Bank employees clinch 17% annual pay hike; push for 5-day week
10 Dec 2023
A consortium of bank employee unions and the Indian Banks Association (IBA) have reached a consensus on wage revision that provides for an annual increase of 17 per cent in salaries
Govt notifies `HaritSagar’ guidelines to improve ecosystem at major ports
10 Dec 2023
The ministry of ports, shipping and waterways has notified `HaritSagar’ green port guidelines to reduce carbon intensity and to develop an environment-friendly ecosystem
Free e-commerce network ONDC onboards 2.3 lakh sellers
10 Dec 2023
The government-supported Open Network for Digital Commerce (ONDC) claims to have more than 2.3 lakh sellers, including over 3,000 farmer producer organisations (FPOs)
Plea for action as COP 28 talks hit the oil hurdle
10 Dec 2023
OPEC’s biggest producer Saudi Arabia and the biggest non-Opec producer Russia and other oil exporters want climate talks to focus on emissions and not on what causes them
India joins global alliance of river cities
09 Dec 2023
India has cemented its position in the Global River Cities Alliance with the National Mission for Clean Ganga (NMCG) signing a memorandum of common purpose (MoCP
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