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Japanese Firms Offer Largest Pay Hikes in Three Decades, Boosting Consumer Demand-thumnail

Japanese Firms Offer Largest Pay Hikes in Three Decades, Boosting Consumer Demand

Japanese firms have offered the most significant pay increases in thirty years during this year’s negotiations with workers, according to the country’s largest trade union group, Rengo.

Business

Jul 5, 2023

MoS Rajeev Chandrasekhar claims that India won’t be impacted by China’s export restrictions on gallium and germanium-thumnail

MoS Rajeev Chandrasekhar claims that India won’t be impacted by China’s export restrictions on gallium and germanium

Gallium and germanium exports from China are being restricted; according to Minister Rajeev Chandrasekhar, a new India is engaging with the international community to create supply chains that are more resilient.

Business

Jul 5, 2023

Micron Technology to start building a $2.75 bn semiconductor facility by August; production by 2024 end-thumnail

Micron Technology to start building a $2.75 bn semiconductor facility by August; production by 2024 end

Next month. Micron Technology will begin the construction of a semiconductor assembly plant in Gujarat, India. This $2.75 billion project aims to produce microchips that are made in India by late 2024. Supported by the Indian government and the state of Gujarat. This endeavor is expected to generate up to 5,000 direct jobs in two phases. It is noteworthy that this action aligns with the US government’s initiative to encourage American chip companies to invest in India and expand their operations beyond China.

Business

Jul 5, 2023

Vishal Salvi, the CISO of Infosys, departs to become the CEO of Quickheal-thumnail

Vishal Salvi, the CISO of Infosys, departs to become the CEO of Quickheal

Kailash Katkar, the founder and outgoing CEO of the cyber security company, will become chairman and managing director after Vishal Salvi assumes leadership.

Business

Jul 5, 2023

IDFC First Bank and IDFC Ltd merger approved by the board; merger ratio 155:100; bank stocks fall 5%-thumnail

IDFC First Bank and IDFC Ltd merger approved by the board; merger ratio 155:100; bank stocks fall 5%

IDFC First Bank has approved a me­rger with IDFC Ltd to simplify its corporate structure and e­nsure regulatory compliance. The­ merger ratio has bee­n set at 155:100, meaning that for eve­ry 100 shares of IDFC held by shareholde­rs, they will receive­ 155 shares of IDFC First Bank.

Business

Jul 4, 2023

Tycoon Kretinsky Lifts Value Offer for Club as Niel Gathering Makes Bid-thumnail

Tycoon Kretinsky Lifts Value Offer for Club as Niel Gathering Makes Bid

Czech tycoon Daniel Kretinsky expanded the size of his proposed value interest in Club Guichard-Perrachon SA as he contends with a triplet of French business chiefs to assume command over the obligation-loaded French store administrator.

Business

Jul 4, 2023

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes-thumnail

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes

A recent report by property consultancy Knight Frank reveals a significant shift in India’s real estate market during the first half of the calendar year 2023. The sales of mid-segment and premium homes have surpassed affordable homes, despite an increase in residential property prices across major Indian cities. The surge in demand for costlier homes has come at a time when the overall sales of residential properties experienced a marginal decline. This article delves into the key findings of the report, analyzing the factors behind this trend.

Business

Jul 4, 2023

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr-thumnail

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Business

Jul 4, 2023

China’s Export Restrictions Trigger Trade War Concerns-thumnail

China’s Export Restrictions Trigger Trade War Concerns

China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.

Business

Jul 4, 2023

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang-thumnail

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang

According to the retiring founder of Taiwanese chipmaker TSMC, Technology globalization is taking a second seat to concerns such as national security and technological leadership, with US-China relations consisting more of competition than cooperation.

Business

Jul 4, 2023

How to understand Big Data Analytics for growing your business? Check here-thumnail

How to understand Big Data Analytics for growing your business? Check here

Data Analytics is getting more interactive by the day and we should leverage this to the fullest extent. But due to evolving modern businesses, data is getting more unstructured and

Business

Jul 4, 2023

Indian Hospitality Sector: Taj Hotels and Oberoi Hotels’ Legacy |Progress, Challenges, and Prospects-thumnail

Indian Hospitality Sector: Taj Hotels and Oberoi Hotels’ Legacy |Progress, Challenges, and Prospects

The Indian hospitality sector, known for its richness and depth, has witnessed reform and development in recent years. However, the sector has faced significant challenges, particularly in terms of labour

Business

Jul 3, 2023


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