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A former banker who built a financial empire warns of India’s complexities-thumnail

A former banker who built a financial empire warns of India’s complexities

Global asset managers still believe the market is too small for the effort needed after some global firms pulled mutual funds out of India. As interest in India grows as

Business

Feb 1, 2023

Intel to Cut Salaries of Entire Company, Including CEO-thumnail

Intel to Cut Salaries of Entire Company, Including CEO

Intel CEO Pat Gelsinger took a 25% cut from base pay. US chip giant Intel Corp cut the salaries of its executives and senior staff, including its CEO, to save

Business

Feb 1, 2023

Online marketplace OLX to slash over 1,500 jobs globally, including India-thumnail

Online marketplace OLX to slash over 1,500 jobs globally, including India

As part of a restructuring effort amidst the global economic slowdown, OLX Group is reducing its workforce by 15%, affecting over 1,500 employees globally, including in India, as part of

Business

Jan 31, 2023

<strong>Startup Guide: When and Why Should You Raise Venture Debt Funding?</strong>-thumnail

Startup Guide: When and Why Should You Raise Venture Debt Funding?

Any new firm requires financial investment, and funding helps businesses grow by developing their value offering and strengthening their employees to contribute to the company’s success. The Indian startup ecosystem

Business

Jan 31, 2023

Report: Indian companies anticipate a China-like ecosystem in India as a result of Google’s changes-thumnail

Report: Indian companies anticipate a China-like ecosystem in India as a result of Google’s changes

According to a report by The Economic Times, Indian app developers hold the belief that the disentanglement of Google’s app ecosystem in India will present opportunities for them to establish

Business

Jan 31, 2023

India has become a major exporter of toys and phones: President Murmu-thumnail

India has become a major exporter of toys and phones: President Murmu

The 2022-2023 economic report will be released shortly after the President’s speech. Finance Minister Nirmala Sitharaman is expected to present the union budget on 1 February. Indian President Draupadi Murmu

Business

Jan 31, 2023

Requesting major areas of strength for his choices are slow: Tech Mahindra Chief CP Gurnani-thumnail

Requesting major areas of strength for his choices are slow: Tech Mahindra Chief CP Gurnani

IT administrators association Tech Mahindra on Monday detailed a 5.2 time-on-time fall in its Q3 net benefit to ₹297 crores, amid an extreme macroeconomic climate. In rupee terms, income for

Business

Jan 31, 2023

India’s gold consumption in 2022 is down 3% due to a price increase-thumnail

India’s gold consumption in 2022 is down 3% due to a price increase

According to the World Gold Council (WGC), gold consumption in India in 2022 will decline by 3% year-on-year. Gold has a deep meaning in Indian history and attracts people from

Business

Jan 31, 2023

Alibaba shares lose $28 billion in a sign of a fizzling rally-thumnail

Alibaba shares lose $28 billion in a sign of a fizzling rally

The greatest drop in the stock price of Alibaba Group Holding Ltd. in the past three months highlights investor worry that China’s consumer rebound may fall short of high expectations.

Business

Jan 31, 2023

<strong>BYJU’s At-Home One-On-One K-12 Tuitions Business Model</strong>-thumnail

BYJU’s At-Home One-On-One K-12 Tuitions Business Model

The new service is named BYJU’S Home Tuitions, and it is currently available throughout Bengaluru and Patna. BYJU’S, an ed-tech decacorn, has developed a one-on-one home tuition trial program in

Business

Jan 31, 2023

<strong>Owners of Indira IVF consider selling a stake valued at $1 billion</strong>-thumnail

Owners of Indira IVF consider selling a stake valued at $1 billion

Several of Indira IVF’s major owners are considering selling their stakes in the Indian in-vitro fertilization clinic operator in a deal that could value the business at around $1 billion,

Business

Jan 31, 2023

Samsung’s Q4 profit drops 69% on sluggish demand, lowest since 2014-thumnail

Samsung’s Q4 profit drops 69% on sluggish demand, lowest since 2014

Samsung Electronics reported a significant drop in its Q4 operating profit, with a decrease of nearly 70% compared to the same period the previous year. The decline was attributed to

Business

Jan 31, 2023


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