NEWS
Google Cloud reports slow revenue growth amid the Microsoft cloud boom
25 Oct 2023
Google’s cloud business has slid to its lowest quarterly numbers in the past three years.
Reliance closes in on the acquisition of Disney's India business
25 Oct 2023
One of India’s largest conglomerates, Reliance Industries Ltd., is planning to buy Disney Co.’s Indian operations.
Study reveals global billionaire tax could generate $250 billion annually
23 Oct 2023
The EU Tax Observatory suggested on Monday, 23 October, 2023, that governments should introduce a global minimum tax on billionaires
Kotak Mahindra Bank faces uncertainties with new external CEO and potential acquisition
23 Oct 2023
Kotak Mahindra Bank Ltd. has released its September 2023 quarter results, which stood up to expectations. The bank reported a 24% growth in profit
Merck and Daiichi partner on a $5.5 billion deal for cancer therapy development
20 Oct 2023
The American pharmaceutical company Merck will start a joint venture with Daiichi Sankyo to develop three of its candidate cancer drugs.
ITC of India falls short of profit expectations amidst rising competition and costs
20 Oct 2023
ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.
Tata Group plans to invest additional funds in its super-app, Tata Neu
20 Oct 2023
Tata Group, one of the largest Indian conglomerates, is planning to invest another $1 billion in its super app venture.
Netflix raises prices and gains subscribers amidst strikes
19 Oct 2023
Streaming giant Netflix has increased subscription prices for some plans in the U.S., Britain, and France. These new prices became active on Wednesday
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India-UK free trade deal unlikely by month's end
19 Oct 2023
India and the United Kingdom are unlikely to agree on the expected trade deal by the end of October. It was reported that negotiations are still ongoing
Indian IT giant Wipro is planning to reduce hiring graduates for 2024
19 Oct 2023
Wipro, an Indian tech-service outsourcing firm, is planning to reduce its hiring of engineering graduates this year.
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Social media platform X is set to test a new $1/year subscription plan
18 Oct 2023
X, formerly known as Twitter, will start a new phase of testing plans that will be more elaborate than its X Pro plan (Twitter Blue).
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Ericsson India's Q3 sales rise to approximately Rs 7,400 crore, growing 3.5 times
18 Oct 2023
According to the financial report released on Tuesday, 17 October, 2023, Swedish telecom equipment manufacturer Ericsson experienced remarkable growth in net sales
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