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FTX receives clearance for a $50 million sale of LedgerX and asserts a $3.9 billion Genesis claim-thumnail

FTX receives clearance for a $50 million sale of LedgerX and asserts a $3.9 billion Genesis claim

As part of that bigger endeavour, FTX receives clearance for a $50 million sale of LedgerX and asserts $3.9 billion from Genesis Global Capital (GGC), the bankrupt lending arm of

Business

May 5, 2023

Cognizant to Lay Off 3,500 Employees and Redistribute Physical Workplaces, Focusing on Smaller Indian Cities-thumnail

Cognizant to Lay Off 3,500 Employees and Redistribute Physical Workplaces, Focusing on Smaller Indian Cities

Cognizant, an IT services company listed on Nasdaq, has announced its plans to lay off 3,500 employees due to an expected revenue decline in 2023. This decision comes as customers

Finance

May 4, 2023

In FY24, India’s exports are likely to reach $900 billion-thumnail

In FY24, India’s exports are likely to reach $900 billion

Exports of goods could reach between $495 billion and $500 billion in the fiscal year that ends in March 2024, while exports of services could top $400 billion. According to

Finance

May 4, 2023

By FY26, UPI merchant payments will reach $1 trillion-thumnail

By FY26, UPI merchant payments will reach $1 trillion

According to Bain and Company’s Future of India Retail Payments report, which was released on Thursday, merchant payments over the Unified Payments Interface are anticipated to expand by 40 to

Business

May 4, 2023

The combined net at Ambuja Cements for the March quarter decreases by 10.86% to 763 crore-thumnail

The combined net at Ambuja Cements for the March quarter decreases by 10.86% to 763 crore

When compared to the same quarter a year prior, the business reported a net profit of 856 crore. The combined net at Ambuja Cements for the March quarter decreases by

Finance

May 3, 2023

RBI increases its gold holdings as it is ready for global instability-thumnail

RBI increases its gold holdings as it is ready for global instability

According to bullion market experts, the RBI increases its gold holdings by 10 tonnes in the March quarter, ranking among the top five gold purchasers during that time as central

Finance

May 3, 2023

Centre to infuse equity in 3 OMCs after they announce capex plans: Report-thumnail

Centre to infuse equity in 3 OMCs after they announce capex plans: Report

Centre to infuse equity in 3 OMCs after they announce capex plans. The administration of India is currently contemplating the possibility of injecting additional funds and potentially increasing its holdings

Finance

May 2, 2023

Mastercard dispatches Web3 client check answer for control agitators-thumnail

Mastercard dispatches Web3 client check answer for control agitators

Mastercard’s new arrangement spins around giving “secure exchanges between clients, checked by principles” set by the organization. Worldwide monetary administrations monster Mastercard has sent off another Web3 arrangement pointed toward

Finance

Apr 29, 2023

“Razorpay’s Trailblazing Success: Revolutionising Online Payment Systems for SMEs!”-thumnail

“Razorpay’s Trailblazing Success: Revolutionising Online Payment Systems for SMEs!”

Introduction: Razorpay, an ingenious financial technology enterprise, was founded in 2014 by Shashank Kumar and Harshil Mathur in Bengaluru and in this blog, we are going to discuss Razorpay’s Trailblazing

Finance

Apr 28, 2023

China’s Currency Yuan Gaining Dominance in International Trade-thumnail

China’s Currency Yuan Gaining Dominance in International Trade

In recent years, China’s currency yuan, has been gradually gaining dominance around the world, with many countries starting to accept it as a means of payment for international trade. One

Finance

Apr 28, 2023

Bonds are used by the State Bank of India (SBI) to raise USD 750 million-thumnail

Bonds are used by the State Bank of India (SBI) to raise USD 750 million

The successful issuance, according to State Bank of India (SBI) Chairman Dinesh Khara, illustrates the bank’s substantial investor base in international capital markets. The largest lender in the nation, State

Finance

Apr 28, 2023

The growth of India’s economy will become increasingly important for US businesses: USIBC-thumnail

The growth of India’s economy will become increasingly important for US businesses: USIBC

The expansion of bilateral commercial relations may be one of the most crucial initiatives of the moment, according to the president of a leading American trade organisation, as a result

Finance

Apr 27, 2023


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