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ABFRL would pay Rs 1,650 crore for a majority interest in TCNS Clothing-thumnail

ABFRL would pay Rs 1,650 crore for a majority interest in TCNS Clothing

According to Kumar Mangalam Birla, chairman of the Aditya Birla Group, “This deal is yet another marker of the Aditya Birla Group’s faith in the dynamism and buoyancy of the

Business

May 6, 2023

Success Story of Nykaa and Business Model-thumnail

Success Story of Nykaa and Business Model

Nykaa is an Indian cosmetics and personal care company that focuses on multi-beauty and personal care products. It began as an independent online store before growing into a range of

Startup

May 5, 2023

A portfolio created by ChatGPT reports better returns than top funds in the UK-thumnail

A portfolio created by ChatGPT reports better returns than top funds in the UK

According to a recent report by the Financial Times (FT), a portfolio of 38 stocks made by an artificial intelligence chatbot called ChatGPT has outperformed the 10 most popular funds

Business

May 5, 2023

In The Third Round Of Layoffs, Meesho Fired 251 Workers-thumnail

In The Third Round Of Layoffs, Meesho Fired 251 Workers

As part of its efforts to operate with a smaller organizational structure and achieve continuous profitability, the company announced in a statement that it had made the “difficult decision” to

E-Commerce

May 5, 2023

Google I/O 2023: Pixel Fold, Alphabet’s first foldable phone, is scheduled to go on sale-thumnail

Google I/O 2023: Pixel Fold, Alphabet’s first foldable phone, is scheduled to go on sale

The Pixel Fold is said to include a 7.6-inch folding panel and a 5.8-inch outside display, according to reports.  On May 10 during the Google I/O event, the Google Pixel

Business

May 5, 2023

CEO Tim Cook announces record revenue for Apple’s March quarter-thumnail

CEO Tim Cook announces record revenue for Apple’s March quarter

CEO Tim Cook announces record revenue for Apple’s March quarter in India, he added that the country is at a turning point with many people leaving the middle class and

Business

May 5, 2023

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

Puma vs Reebok Running Shoes: Which Brand Should You Buy?-thumnail

Puma vs Reebok Running Shoes: Which Brand Should You Buy?

While choosing between two companies known for producing high-quality goods is never simple, choosing between Puma and Reebok running shoes is comparatively simpler. Famous sportswear companies Puma and Reebok each

Business

May 4, 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

“Go First” Staff Left in a Dilemma, Seek Job Opportunities at Air India and IndiGo-thumnail

“Go First” Staff Left in a Dilemma, Seek Job Opportunities at Air India and IndiGo

Go First, a budget airline based in India has filed for bankruptcy, leaving its employees uncertain about the future of their jobs. The airline has been facing financial difficulties for

Industry

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

EV startup BluSmart raises $42 million from BP and others-thumnail

EV startup BluSmart raises $42 million from BP and others

The electric ride-hailing startup from India, BluSmart raises $42 million as it ramps up its conflict with the two market leaders, Ola Cabs and Uber Technologies Inc. BP Ventures, the

Investment & Funding

May 4, 2023


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