NEWS
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.
Toyota sets plans to increase manufacturing capacity in India
26 Oct 2023
Japanese automobile giant Toyota Motor Corporation has started the process to increase manufacturing capacity in India as both their plants are running at full capacity.
Shell to cut more low-carbon jobs and cut back on investments amid an overhaul
26 Oct 2023
Shell Oil Corporation, one of the largest in the world, will cut at least 15% of the workforce in its low-carbon solutions division and cut back
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Honasa Consumer, parent company of Mamaearth, set to launch IPO on October 31
25 Oct 2023
One of India’s fastest-growing startups, Mamaearth’s parent company, Honasa Consumer Ltd., will launch its initial public offering (IPO) on October 31, 2023.
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