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Brent Rises to Trade Over $80/Bbl Despite Concerns About Demand-thumnail

Brent Rises to Trade Over $80/Bbl Despite Concerns About Demand

Analysts ascribed the price increase to bargain hunting. Prices fell below $80 per barrel for the first time since July on Wednesday, owing to a bleak economic outlook in China

Business

Nov 9, 2023

In February 2024, “Tiger” Tyagarajan Will Retire, and Genpact Will Name BK Kalra as His Replacement as CEO-thumnail

In February 2024, “Tiger” Tyagarajan Will Retire, and Genpact Will Name BK Kalra as His Replacement as CEO

Global professional services company Genpact has revealed its strategy for leadership succession. NV “Tiger” Tyagarajan, the company’s president and CEO, has announced his retirement on February 9, 2024. Balkrishan “BK”

Business

Nov 9, 2023

The Centre Is Expected to Request an Investigation Into the MG Motor India and Vivo Accounts-thumnail

The Centre Is Expected to Request an Investigation Into the MG Motor India and Vivo Accounts

Earlier in November, the MCA summoned the company’s directors and its auditor Deloitte to seek clarity on particular audit violations found during the investigation through its registrar of companies (RoC).

Business

Nov 9, 2023

The Fashion Brand Snitch Plans to Open 7-8 Offline Stores in FY24 and Expand Into Indian Markets-thumnail

The Fashion Brand Snitch Plans to Open 7-8 Offline Stores in FY24 and Expand Into Indian Markets

According to a top company official, men’s apparel firm Snitch plans to launch at least 7-8 offline outlets in cities and towns including Surat, Mumbai, and Pune this fiscal year.

Business

Nov 9, 2023

The President of Indonesia Opened a $108 Million Floating Solar Power Facility-thumnail

The President of Indonesia Opened a $108 Million Floating Solar Power Facility

The 145 MW(ac) or 195 MW(p) Cirata floating photovoltaic (PV) power plant, which is situated in Cirata Reservoir, West Java, was officially opened today. With the completion of this event,

Business

Nov 9, 2023

The Anatomy of a $750 Million Takeover Deal Between Tata and Wistron-thumnail

The Anatomy of a $750 Million Takeover Deal Between Tata and Wistron

Those with knowledge of the situation indicated that the Tata Group is paying $750 million in total, inclusive of debt, for the acquisition of Wistron’s manufacturing facilities. This will make

Business

Nov 9, 2023

Premji Invest Will Manage a $15–20 Million Fundraising Round for the Sleep Company-thumnail

Premji Invest Will Manage a $15–20 Million Fundraising Round for the Sleep Company

Direct mattress manufacturer to customer According to individuals who spoke with Moneycontrol, The Sleep Company is in advanced talks to secure $15–20 million in a fundraising round headed by Premji

Business

Nov 9, 2023

Meta to Require Disclosures for AI-Created, Altered Political Ads-thumnail

Meta to Require Disclosures for AI-Created, Altered Political Ads

On Wednesday, Meta said that it would force sponsors to provide notice when politically charged, election-related, or social issue advertisements include potentially deceptive artificial intelligence (AI)-generated or modified material. The

Business

Nov 8, 2023

950 Self-Driving Cars Will Be Recalled by Gm’s Cruise After a Pedestrian Collision-thumnail

950 Self-Driving Cars Will Be Recalled by Gm’s Cruise After a Pedestrian Collision

Following an accident involving one of its robotaxis, General Motors’ self-driving business and the US auto authority said on Wednesday that Cruise is recalling 950 driverless vehicles from US roads

Business

Nov 8, 2023

Hyundai Motor Group’s Air Taxi Division Intends to Build a Plant in the US-thumnail

Hyundai Motor Group’s Air Taxi Division Intends to Build a Plant in the US

The South Korean automaker Hyundai Motor Group said on Wednesday that its air taxi division, Supernal, intends to construct a production plant in the US to produce flying electric taxis

Business

Nov 8, 2023

India Proposes Import Tax Reduction on UK Electric Vehicles to Advance Free Trade Deal-thumnail

India Proposes Import Tax Reduction on UK Electric Vehicles to Advance Free Trade Deal

Introduction India is co͏nsidering a re͏duction in import taxes on certain electric vehicles (EVs) imported from the UK as par͏t of efforts to finalize a free-trade agreement between the two

Business

Nov 8, 2023

Dunzo Aims for Profitability Despite Auditor’s Concerns-thumnail

Dunzo Aims for Profitability Despite Auditor’s Concerns

Introduction Dunzo, the on-demand delivery platform, has announced its efforts to achieve corporate-level profitability within the next 12 months. This comes after its auditor, Deloitte, expressed doubts about the company’s

Business

Nov 8, 2023


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