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“Axis Bank’s Block Deals Shake Market: 0.6% Stake Worth Rs 2,178 Crore Exchanged Amidst Strong Financial Growth”-thumnail

“Axis Bank’s Block Deals Shake Market: 0.6% Stake Worth Rs 2,178 Crore Exchanged Amidst Strong Financial Growth”

The Axis Bank underwent a series of block deals, transacting a 0.6 percent stake that unleashed the exchange of 2.25 crore shares, valued at a staggering Rs 2,178 crore.

Finance

Jun 15, 2023

India’s Wholesale Prices Continue to Decline, Reflecting Easing Input Costs-thumnail

India’s Wholesale Prices Continue to Decline, Reflecting Easing Input Costs

In the month of May, Indians will witness a consecutive second decline in India’s wholesale prices, primarily attributed to the decrease in commodity prices. According to government data, the wholesale price index (WPI) experienced a significant drop of 3.48%, surpassing economists’ expectations of a 2.35% decrease. This decline follows a 0.92% fall observed in April, indicating a continued alleviation of inflationary pressures. This article delves into the key factors that have contributed to the decline in wholesale prices and analyzes its implications for the Indian economy.

Finance

Jun 14, 2023

Accenture will spend $3 billion on artificial intelligence over three years and will employ 80,000 people-thumnail

Accenture will spend $3 billion on artificial intelligence over three years and will employ 80,000 people

Accenture plans to spend $3 billion on data and artificial intelligence over the next three years. Global professional services provider Accenture has industry-leading expertise in digital, security, and cloud. combining unrivaled expertise and specialized knowledge in the areas of Interactive, Technology, Strategy, and Operations services. 

Business

Jun 14, 2023

Google introduces AI-powered tools to improve ‘Ad Placements’ across its services-thumnail

Google introduces AI-powered tools to improve ‘Ad Placements’ across its services

Google stated on Wednesday that it would launch two revolutionary AI-powered tools to improve ad features. 

Advertising

Jun 14, 2023

‘By FY25, Apple may manufacture 18% of iPhones in India’-thumnail

‘By FY25, Apple may manufacture 18% of iPhones in India’

According to a report, the government’s production-linked incentive scheme for mobile phones may drive Apple may manufacture 18% of its global iPhones in India by FY25, with the possibility of further expansion if the larger scale incentivizes its vendors to also expand in the country.

Business

Jun 14, 2023

Infosys – The story of how Narayana Murthy, Nandan Nilekani, and six other software professionals-thumnail

Infosys – The story of how Narayana Murthy, Nandan Nilekani, and six other software professionals

In the realm of technology, when India was seen as a competitor not worthy of competition, It is now the most astonishing player in the technological industry now. All thanks

Industry

Jun 14, 2023

“The Game-Changing Impact of AI Tools like ChatGPT on Businesses in the coming years”-thumnail

“The Game-Changing Impact of AI Tools like ChatGPT on Businesses in the coming years”

The world of business is constantly evolving, and artificial intelligence (AI) tools like ChatGPT are at the forefront of this transformation. As a chatbot system powered by a large-scale neural

Technology

Jun 14, 2023

The resuscitation strategy of Vodafone Idea is being supported by a Rs 14,000 crore equity investment-thumnail

The resuscitation strategy of Vodafone Idea is being supported by a Rs 14,000 crore equity investment

According to persons familiar with the current negotiations, Vodafone Idea Ltd (Vi) intends to inject total equity of 14,000 crores shortly as part of its business rehabilitation strategy. Existing promoters Aditya Birla Group (ABG) and Vodafone Group Plc from the United Kingdom would contribute half of the total sum, they claimed.

Business

Jun 14, 2023

Understanding Elegance with Rolex Sharing Innovative Marketing Strategies-thumnail

Understanding Elegance with Rolex Sharing Innovative Marketing Strategies

Class and luxury is wished by all as it oozes the pleasures of life. Sometimes money itself cannot define class, but a mindset towards a certain lifestyle does. Rolling with

CXO Insight

Jun 14, 2023

The Future of Mobile Marketing: Impacts and Trends to Elevate Customer Engagement in 2023-thumnail

The Future of Mobile Marketing: Impacts and Trends to Elevate Customer Engagement in 2023

In a world where mobile devices have become an extension of ourselves, it’s no surprise that mobile usage is skyrocketing. By 2025, the number of mobile users is expected to

Marketing

Jun 14, 2023

Up to 48% of MG Motor India is likely to be acquired by Sajjan Jindal-thumnail

Up to 48% of MG Motor India is likely to be acquired by Sajjan Jindal

According to a report in The Economic Times (ET), industrialist Sajjan Jindal intends to acquire stock in MG Motor India. The Chinese automaker SAIC Motor owns 100% of the subsidiary MG Motor India. According to the article, the joint venture will not have any impact on the listed companies of the Jindal group: JSW Steel and JSW Energy.

Business

Jun 14, 2023

What Effect Would The Valuation Reductions At Byju’s, Swiggy, And Meesho Have On Esops?-thumnail

What Effect Would The Valuation Reductions At Byju’s, Swiggy, And Meesho Have On Esops?

BlackRock, Invesco, and Fidelity Investments all decreased their estimates of the value of Swiggy, BYJU, and Meesho, respectively. This Valuation reduction will also have an effect on the value of the ESOPs to which workers at these firms are entitled.

Investment & Funding

Jun 13, 2023


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