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The Operating Profit Forecast for Panasonic’s Battery Unit has been Cut by 15%-thumnail

The Operating Profit Forecast for Panasonic’s Battery Unit has been Cut by 15%

A global slowdown in EV sales was highlighted by Panasonic Holdings (6752.T), which supplies Tesla (TSLA.O), saying on Monday that it has reduced vehicle battery output in Japan in the

Business

Oct 30, 2023

For Power Transmission And Distribution Business In India And Abroad, L&T Construction Wins “Large” Order-thumnail

For Power Transmission And Distribution Business In India And Abroad, L&T Construction Wins “Large” Order

The engineering and construction firm Larsen & Toubro Ltd. said on Monday that it had secured “large” orders for the power transmission and distribution industry in India and abroad during

Business

Oct 30, 2023

Ascential Will Sell Digital Commerce And Product Design Units For $1.70 Billion-thumnail

Ascential Will Sell Digital Commerce And Product Design Units For $1.70 Billion

Ascential, a UK-based information and analytics company, announced on Monday that it will sell its consumer research and digital commerce divisions for a total enterprise value of 1.4 billion pounds

Business

Oct 30, 2023

Punit Goenka of Zee Entertainment is Relieved as SAT Dismisses Sebi’s Ruling-thumnail

Punit Goenka of Zee Entertainment is Relieved as SAT Dismisses Sebi’s Ruling

The Securities and Exchange Board of India’s (Sebi) order barring Zee Entertainment Enterprises promoter Punit Goenka from holding key positions in four Zee group firms and the merged entity with

Business

Oct 30, 2023

FedEx Collaborates with iThink Logistics for Cross-border Shipping-thumnail

FedEx Collaborates with iThink Logistics for Cross-border Shipping

Global express transportation and logistics provider FedEx has partnered with tech-driven logistics startup iThink Logistics for cross-border shipment, the company announced on Monday. According to a statement from iThink Logistics,

Business

Oct 30, 2023

The Winding-up Hearing For China Evergrande Has Been Deferred-thumnail

The Winding-up Hearing For China Evergrande Has Been Deferred

On Monday, a Hong Kong High Court judge postponed a hearing to wind up China Evergrande Group (3333.HK) until December 4, giving the world’s most indebted property developer one more

Business

Oct 30, 2023

India’s Private Sector Space Race Heats Up As Skyroot Raises $27.5 Million-thumnail

India’s Private Sector Space Race Heats Up As Skyroot Raises $27.5 Million

Days after rival Agnikul Cosmos raised a sum comparable to Skyroot Aerospace’s, India’s Skyroot Aerospace announced on Monday that it has raised $27.5 million in a new investment round headed

Business

Oct 30, 2023

HSBC Announces $3 Billion Buyback, But Profit Disappoints on Rising Costs-thumnail

HSBC Announces $3 Billion Buyback, But Profit Disappoints on Rising Costs

On Monday, HSBC announced a new $3 billion share repurchase program and more than doubled its third-quarter earnings, but the results fell short of expectations due to rising operational and

Business

Oct 30, 2023

For The First Time In 25 Years, Hiring In The Indian IT Sector is Declining-thumnail

For The First Time In 25 Years, Hiring In The Indian IT Sector is Declining

The headcount in the top ten Indian IT businesses declined by 51,744 persons to 2.06 million at the end of the July-September quarter. Despite expenditure cuts by Western nations and

Business

Oct 30, 2023

To Promote Indian Games Globally, Nazara Launches A Game Publishing Platform For Developers-thumnail

To Promote Indian Games Globally, Nazara Launches A Game Publishing Platform For Developers

According to corporate papers, online gaming and esports startup Nazara Technologies is introducing Nazara Publishing, a publishing platform enabling developers worldwide to exhibit their games in India. In the next

Business

Oct 30, 2023

Diwali Gold Investment: Opportunities And Considerations In The Indian Market-thumnail

Diwali Gold Investment: Opportunities And Considerations In The Indian Market

Diwali and the Precious Metal Market With the advent of Diwali, the realm of gold prices is experiencing an upswing, prompting contemplation regarding potential investments in this valuable metal. The

Business

Oct 30, 2023

Ultratech Cement Will Invest A Further 13,000 Crore To Expand Capacity-thumnail

Ultratech Cement Will Invest A Further 13,000 Crore To Expand Capacity

UltraTech Cement Limited has authorized a new investment of 13,000 crore to boost its capacity by another 21.9 million tonnes per year (MTPA) via a combination of brownfield and greenfield

Business

Oct 28, 2023


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