NEWS

Citigroup CFO reveals $1 billion cost for massive restructuring

Citigroup CFO reveals $1 billion cost for massive restructuring

07 Dec 2023

Mark Mason, Chief Financial Officer of Citigroup, disclosed that the bank’s extensive restructuring is expected to incur charges of approximately $1 billion for restructuring and severance.

Adani Ports is in advanced talks to acquire Gopalpur Ports in Odisha

Adani Ports is in advanced talks to acquire Gopalpur Ports in Odisha

07 Dec 2023

Adani Ports and Special Economic Zone (SEZ) are reportedly in advance discussions with Shapoorji Pallonji Group to acquire Gopalpur Ports in Odisha.

GPT-4 Turbo: Microsoft enhances its AI along with the Copilot service

GPT-4 Turbo: Microsoft enhances its AI along with the Copilot service

06 Dec 2023

Microsoft is gearing up to revolutionize its Copilot service by incorporating several new features, including the integration of OpenAI’s cutting-edge models.

Nvidia collaborates with the U.S. government to ensure compliance in the Chinese market

Nvidia collaborates with the U.S. government to ensure compliance in the Chinese market

06 Dec 2023

In a recent announcement, Nvidia’s CEO, Jensen Huang, revealed the company’s close collaboration with the U.S. government to ensure that its new chips for the Chinese market adhere to export restrictions.

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

06 Dec 2023

In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’

Shaadi.com CEO accuses Google of modern colonialism and unfair practices

Shaadi.com CEO accuses Google of modern colonialism and unfair practices

06 Dec 2023

In a recent interview, Anupam Mittal, the CEO of Shaadi.com, drew a striking parallel between tech giant Google and the historical East India Company

Moody's downgrades China's government credit rating outlook to negative

Moody's downgrades China's government credit rating outlook to negative

05 Dec 2023

Global ratings agency Moody’s has downgraded its outlook on China’s government credit ratings from stable to negative.

Meta CEO Zuckerberg sells over 560,000 shares amid stock surge

Meta CEO Zuckerberg sells over 560,000 shares amid stock surge

05 Dec 2023

Meta’s Chief Executive, Mark Zuckerberg, has offloaded a significant number of shares despite the social media giant’s stock surging to nearly a two-year peak in November 2023.

The U.S. government probed Hindenburg claims before $553 million Adani loan

The U.S. government probed Hindenburg claims before $553 million Adani loan

05 Dec 2023

The U.S. government has dismissed the corporate fraud allegations made by short-seller Hindenburg Research against Indian billionaire Gautam Adani.

AT&T selects Ericsson over Nokia for the Open RAN telecom network

AT&T selects Ericsson over Nokia for the Open RAN telecom network

05 Dec 2023

AT&T announced on Monday, 4 December 2023, its decision to partner with Ericsson to construct a cutting-edge telecom network leveraging Open RAN (ORAN) technology.

Bitcoin surges above $40,000 amid positive market sentiment

Bitcoin surges above $40,000 amid positive market sentiment

04 Dec 2023

In a significant upswing, Bitcoin has surpassed the $40,000 mark, marking its highest point in 2023.

Hindustan Unilever joins forces with Brookfield for 45 MW solar energy park

Hindustan Unilever joins forces with Brookfield for 45 MW solar energy park

04 Dec 2023

Hindustan Unilever Ltd. announced that it is planning to set up a 45 MW solar energy park in Rajasthan in partnership with a global leader in alternative asset management, Brookfield.

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