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Amazon to unveil 7th Prime day sale on 15th July; to see 45,000 new products launch-thumnail

Amazon to unveil 7th Prime day sale on 15th July; to see 45,000 new products launch

Amazon India, the e-commerce behemoth, is gearing up to kick off its much-anticipated flagship sale event, Prime Day, commencing precisely at the stroke of midnight on July 15th and concluding

Business

Jun 28, 2023

World bank approves $200 million to increase and refoirm Himachal Pradesh’s Hydropower capacity.-thumnail

World bank approves $200 million to increase and refoirm Himachal Pradesh’s Hydropower capacity.

In a statement released on a fine Wednesday, the World Bank declared that this substantial funding would play a pivotal role in empowering the state to fortify its renewable energy

Business

Jun 28, 2023

Sekura is in discussions to acquire the $670 million in road assets owned by Ashoka Buildcon-thumnail

Sekura is in discussions to acquire the $670 million in road assets owned by Ashoka Buildcon

According to two people with knowledge of the situation, Sekura, an infrastructure platform owned by the Edelweiss Infrastructure Yield fund, has opened exclusive negotiations to purchase a portfolio of 11

Business

Jun 28, 2023

PwC Announces Smaller Pay Rises and Bonuses for UK Staff Amid Challenging Market Conditions-thumnail

PwC Announces Smaller Pay Rises and Bonuses for UK Staff Amid Challenging Market Conditions

Professional services firm PwC has informed its 25,000 employees in the UK to expect reduced pay rises and bonuses, and even potential freezes, due to what it describes as “challenging”

Business

Jun 28, 2023

China’s Industrial Profits Continue to Decline, Prompting Calls for Policy Support-thumnail

China’s Industrial Profits Continue to Decline, Prompting Calls for Policy Support

China’s industrial firms have witnessed a significant double-digit decline in annual profits during the first five months of the year. This decline is attributed to softening demand, which has squeezed

Business

Jun 28, 2023

40% of India’s exports may be impacted by US and European economic slowdowns-thumnail

40% of India’s exports may be impacted by US and European economic slowdowns

The impending economic slowdown in advanced nations, particularly the US and Eurozone, is expected to have an adverse effect on micro, small, and medium-sized enterprises (MSMEs), which account for about

Business

Jun 28, 2023

WEF ranks India 67th in Energy Transition Index, Sweden tops the list-thumnail

WEF ranks India 67th in Energy Transition Index, Sweden tops the list

India is the only large country with energy transition momentum that is accelerating across all dimensions, according to the World Economic Forum, which put India at 67th in the world

Business

Jun 28, 2023

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion-thumnail

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion

In FY23, the Indian auto sector produced a staggering 2.7 crore vehicles across segments and kinds, valued at over USD 108 billion (Rs 8.7 lakh crore), with the passenger vehicle

Business

Jun 28, 2023

Reduce prices to boost sales of FMCG products-thumnail

Reduce prices to boost sales of FMCG products

To fend off competition and assure volume recovery, producers of fast-moving consumer products would need to resort to further price reductions, according to analysts at BNP Paribas. Undoubtedly, during the

BFSI

Jun 28, 2023

Google to launch an accelerator program for government-backed ONDC-thumnail

Google to launch an accelerator program for government-backed ONDC

The accelerator program entails Google offering its core infrastructure application programming interfaces (APIs) to ONDC participants as an open-source solution. Moreover, Google plans to provide retail search and generative AI

Business

Jun 28, 2023

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero-thumnail

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero

The latest adjustment in the fair value of Prosus’ stake in Byju’s is a significant decrease, translating to an enterprise valuation of approximately $5.1 billion compared to the $22 billion

Business

Jun 28, 2023

TCS secures contract for operating government procurement portal, GeM-thumnail

TCS secures contract for operating government procurement portal, GeM

According to government reports, GeM achieved a noteworthy milestone in the financial year 2022-23 (FY23) by surpassing the INR 2 Lakh Cr procurement mark. GeM, an initiative launched in August

Business

Jun 28, 2023


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