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Shark Tank India fame Kerala banana chips brand Beyond Snack secures $3.5 Mn in funding-thumnail

Shark Tank India fame Kerala banana chips brand Beyond Snack secures $3.5 Mn in funding

Beyond Snack, a known brand of banana chips, from Kerala, has successfully raised $3.5 million in funding with NABVENTURES Fund taking the lead. Established in 2020 the brand intends to

News

Jul 27, 2023

To Be Split Up, Amazon? There Are Reports That Lina Khan Of The Ftc Will Bring A Historic Antitrust Case-thumnail

To Be Split Up, Amazon? There Are Reports That Lina Khan Of The Ftc Will Bring A Historic Antitrust Case

A court order to restructure Amazon’s enormous $1.3 trillion empire may be issued as a result of the lawsuit’s broad implications. A significant antitrust case against Amazon is apparently being

E-Commerce

Jul 27, 2023

After a $7 billion chip loss in H1, Samsung will extend production cuts-thumnail

After a $7 billion chip loss in H1, Samsung will extend production cuts

On Thursday, Samsung Electronics announced plans to extend output cuts due to a cautious prognosis for the global semiconductor market and the fact that the demand recovery is mostly limited

Industry

Jul 27, 2023

Top semiconductor manufacturers like Foxconn, Micron, and AMD will attend the Semicon India expo in Gujarat on July 28-thumnail

Top semiconductor manufacturers like Foxconn, Micron, and AMD will attend the Semicon India expo in Gujarat on July 28

Leading chipmakers including Foxconn, AMD, Micron, and IBM will be present at the Gandhinagar, Gujarat, Semicon India conference.  The purpose of the event is to draw investment into the Indian

Industry

Jul 27, 2023

Automakers launch US EV charging network to compete with Tesla-thumnail

Automakers launch US EV charging network to compete with Tesla

In an effort to compete with Tesla (TSLA.O) and to benefit from Biden administration subsidies, seven major automakers announced on Wednesday that they were establishing a new company to provide electric vehicle charging in the United States.

Automotive

Jul 27, 2023

Rising Employee Turnover in India’s Private Lenders Amid Strong Loan Demand-thumnail

Rising Employee Turnover in India’s Private Lenders Amid Strong Loan Demand

The banking industry in India is grappling with a growing trend of attrition, particularly affecting the sales division. During an earnings call, Yes Bank’s CEO, Prashant Kumar, acknowledged the industry-wide issue and emphasized the bank’s efforts to control attrition, setting a target of limiting overall employee turnover to 25-30%.

Business

Jul 27, 2023

US regulators to unveil plan to build cash reserves for banks-thumnail

US regulators to unveil plan to build cash reserves for banks

Regulators in the United States are preparing to draft a rule that will likely dramatically increase the capital requirements for larger banks, requiring them to reduce expenses and hold onto profits in an effort to protect against future losses that would affect clients and investors.

Finance

Jul 27, 2023

Foxconn is in talks with the Tamilnadu government to set up a $200 mn plant by 2024-thumnail

Foxconn is in talks with the Tamilnadu government to set up a $200 mn plant by 2024

Foxconn, the electronics manufacturer is currently engaged in talks, with the government of Tamil Nadu regarding an investment of $200 million to establish a manufacturing plant for electronic components.

Business

Jul 27, 2023

‘AI is bigger than any country or organization,’ says one expert. Nick Clegg, Global President of Meta, weighs in on AI regulation-thumnail

‘AI is bigger than any country or organization,’ says one expert. Nick Clegg, Global President of Meta, weighs in on AI regulation

Nick Clegg, Meta’s Global President, recently spoke with Rahul Kanwal on India Today in an exclusive and informative debate about artificial intelligence (AI).

Artificial Intelligence

Jul 27, 2023

Insider trading charges are filed against British billionaire Joe Lewis by US-thumnail

Insider trading charges are filed against British billionaire Joe Lewis by US

The 86-year-old owner of the football team Tottenham Hotspur is accused of disclosing private information to his staff members and love interests, enabling them to negotiate deals worth millions of

Business

Jul 26, 2023

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision-thumnail

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision

On Wednesday, the Indian rupee may depreciate a little as a result of the rise in U.S. yields due to the potential for a hawkish Federal Reserve decision.

Economy

Jul 26, 2023

Mahindra group acquires 4% stake in RBL bank; planning to become a strategic investor-thumnail

Mahindra group acquires 4% stake in RBL bank; planning to become a strategic investor

Reportedly a company affiliated with the Mahindra Group has made a move by acquiring around 4% ownership, in RBL Bank through trades on the market. It appears that they are

Industry

Jul 26, 2023


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