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HSBC Purchases Citi’s China Retail Assets for $3.6 Billion-thumnail

HSBC Purchases Citi’s China Retail Assets for $3.6 Billion

On Monday, Asia-focused HSBC Holdings Plc (HSBA.L) was informed by Citigroup Inc (C.N) that it has reached an agreement to purchase Citigroup’s China consumer wealth portfolio, which includes clients, assets

Business

Oct 9, 2023

Notable Surge in Indian Automobile Retail Sales for September-thumnail

Notable Surge in Indian Automobile Retail Sales for September

In a noteworthy upswing, Indian automobile retail sales for September have recorded a 20 per cent increase compared to the same period last year, reaching a total of 1.89 million

Automotive

Oct 9, 2023

The EU sees ‘Convergence’ with Japan in AI-thumnail

The EU sees ‘Convergence’ with Japan in AI

According to a senior official on Monday, the European Union and Japan share “convergence” in their perspectives on generative artificial intelligence (AI). Vera Jourova, vice-president for values and transparency at

Artificial Intelligence

Oct 9, 2023

Oxfam says Emerging Economies Face $220 Billion in Budget Cuts Amid Debt Crisis-thumnail

Oxfam says Emerging Economies Face $220 Billion in Budget Cuts Amid Debt Crisis

According to a report released on Monday by Oxfam International, some of the world’s poorest nations will experience budget cuts of $220 billion over the next five years as a

Economy

Oct 9, 2023

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers-thumnail

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers

Ather Energy, a distinguished purveyor of electric two-wheel conveyances, stands poised to augment its manufacturing prowess through the establishment of a nascent production edifice. As recently chronicled by The Hindu

Automotive

Oct 9, 2023

Meta Explores Ad-Free Subscription Plan in India by 2024-thumnail

Meta Explores Ad-Free Subscription Plan in India by 2024

Introduction Meta, the parent company of Facebook, Instagram, and WhatsApp, led by Mark Zuckerberg, is reportedly considering the introduction of an ad-free subscription plan in India by 2024, as per

News

Oct 9, 2023

The GST Council slashed millet-based products’ tax rate from 18% to 5%-thumnail

The GST Council slashed millet-based products’ tax rate from 18% to 5%

Written by- Aakansha According to news agency ANI, the Goods and Services Tax (GST) Council resolved on Saturday to reduce the tax rate on millet flour culinary preparations from the

Business

Oct 7, 2023

The rapid growth of India has led to strong Levi’s performance in Asian markets-thumnail

The rapid growth of India has led to strong Levi’s performance in Asian markets

With a revenue increase of 18% in the July–September quarter, Levi Strauss & Co. displayed remarkable achievements in the Asian market. This rise was largely fueled by the success of

Business

Oct 7, 2023

Epic Games Set to Summon Alphabet CEO Sundar Pichai to Testify in Antitrust Trial over Google Play Policies-thumnail

Epic Games Set to Summon Alphabet CEO Sundar Pichai to Testify in Antitrust Trial over Google Play Policies

Alphabet Chief Executive Officer Sundar Pichai is set to be summoned by Epic Games Inc. to testify in an antitrust trial over Google Play policies, according to Court filings Sundar

Brands

Oct 7, 2023

By FY33, Lithium Battery Demand in India will Reach 250-500 GWh-thumnail

By FY33, Lithium Battery Demand in India will Reach 250-500 GWh

By the fiscal year 2032–2033, India will have 50% of the population using electric vehicles. receive ongoing financial assistance from the government. With incentives totaling INR 1.8 trillion during FY

Economy

Oct 6, 2023

Biocon Partners with a Canadian Company to Develop a Diabetic Medication-thumnail

Biocon Partners with a Canadian Company to Develop a Diabetic Medication

Biocon Ltd announced on 6 October that it has inked a deal with Juno Pharmaceuticals, a Canadian specialized corporation, for the commercialization of Liraglutide, a drug-device combination for the treatment

Brands

Oct 6, 2023

RISC-V Chip Technology Emerges as a New Battleground in the US-China Tech War-thumnail

RISC-V Chip Technology Emerges as a New Battleground in the US-China Tech War

President Joe Biden’s administration is under pressure from some lawmakers to forbid American companies from working on a freely available chip technology that is widely used in China, opening a

AI

Oct 6, 2023


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