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Embattled Rakuten, a Japanese fintech company, plans a $2.5 billion share offering to boost finances-thumnail

Embattled Rakuten, a Japanese fintech company, plans a $2.5 billion share offering to boost finances

Rakuten Group Inc., a Japanese e-commerce and fintech company, stated on Tuesday that it planned to issue new shares to the market and to founder and CEO Hiroshi Mikitani in

Investment & Funding

May 16, 2023

Vodafone plans to slash 11,000 staff and expects flat revenue-thumnail

Vodafone plans to slash 11,000 staff and expects flat revenue

Margherita Della Valle, the new CEO of Vodafone, has revealed intentions to streamline the telecoms giant Vodafone plans to slash 11,000 staff and expects flat revenue over the next three

Business

May 16, 2023

After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips-thumnail

After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips

After the government reduced the windfall tax rates to zero on Tuesday, the price of oil and gas indices moved steadily.  The biggest gainers in this industry were Adani Total

Business

May 16, 2023

Café Coffee Day : Success Story and Case Study-thumnail

Café Coffee Day : Success Story and Case Study

On for a coffee with a special person? I knew CCD was going to be at the top of your list!  India’s favorite spot for coffee and discussion is now

CXO Insight

May 15, 2023

Pune real estate market sees the most elevated flood in the value of homes sold in FY23-thumnail

Pune real estate market sees the most elevated flood in the value of homes sold in FY23

The Indian housing market is by all accounts filling in volumes and worth also. As indicated by another report by Anarock, FY23 made another record of most noteworthy deals volume

News

May 15, 2023

Amazon carries out artificial intelligence to improve coordinated factors and conveyance speeds-thumnail

Amazon carries out artificial intelligence to improve coordinated factors and conveyance speeds

Amazon carries out artificial intelligence to limit item client distance, featuring its effect on transportation, item search, and stock. Amazon is focusing on utilizing man-made brainpower (simulated intelligence) to improve

E-Commerce

May 15, 2023

Samsung to explore South Korea’s CBDC for disconnected installments-thumnail

Samsung to explore South Korea’s CBDC for disconnected installments

The coordinated effort will host the two gatherings exploring the disconnected abilities of the CBDC given by South Korea’s national bank. Tech monster Samsung Hardware has purportedly cooperated with South

Business

May 15, 2023

The finance minister of the Philippines declares no justification for an increase in interest rates-thumnail

The finance minister of the Philippines declares no justification for an increase in interest rates

The finance minister of the Philippines, Benjamin Diokno, has stated that the country’s central bank has no reason to raise interest rates further as domestic inflation is easing. Diokno’s opinion

Finance

May 15, 2023

Retail Inflation in India Expected to Fall to 4% in May Due to Lower Food Prices-thumnail

Retail Inflation in India Expected to Fall to 4% in May Due to Lower Food Prices

India’s headline retail inflation is expected to continue its downward trend towards 4%, the midpoint of the Reserve Bank of India’s (RBI) target range, according to economists. This decline is

Finance

May 15, 2023

Foxconn, an Apple supplier, would spend $500 million in Telangana and generate 25,000 employees in the first phase-thumnail

Foxconn, an Apple supplier, would spend $500 million in Telangana and generate 25,000 employees in the first phase

Foxconn, an Apple supplier, and a Taiwan-based contract manufacturer, would spend $500 million in the southern Indian state of Telangana, the state’s IT minister K. T. Rama Rao said on

Business

May 15, 2023

Inside The Met Gala: The Economics Behind Fashion’s Finest Evening-thumnail

Inside The Met Gala: The Economics Behind Fashion’s Finest Evening

What precisely is the Met Gala, apart from the grandeur and costumes? What do the affluent and famous do at an extravagant theme party, and why do they style themselves

Business

May 15, 2023

Upstox, funded by Ratan Tata and Tiger Global, achieves profitability in FY23 and records $1 billion in sales-thumnail

Upstox, funded by Ratan Tata and Tiger Global, achieves profitability in FY23 and records $1 billion in sales

Ratan Tata and Tiger Global-backed Upstox is seeking both organic and inorganic expansion options and currently has financial reserves of over Rs 1,000 crore.  Ratan Tata-backed discount broker Upstox achieved

News

May 15, 2023


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