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Shree Cement shares slump 10% on tax evasion reports-thumnail

Shree Cement shares slump 10% on tax evasion reports

As per sources quoted by the media group it was claimed that Shree Cements had been diverting a substantial amount of Rs 1,200-1,400 crore annually through fraudulent means resulting in significant revenue losses for both the central and state governments. These losses were attributed to what was described as “fake agreements”.

Finance

Jun 26, 2023

Indian stock indices show a marginal rise during the morning trading session-thumnail

Indian stock indices show a marginal rise during the morning trading session

Somber global cues have largely cast a shadow on market sentiment and encouraged profit-taking across various global markets, including India. It is worth noting that Indian stock indices reached their zenith last week, buoyed by encouraging economic indicators encompassing inflation, GDP, and investment outlook.

News

Jun 26, 2023

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace-thumnail

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace

Deepinder Goyal, Nikhil Kamath, and others contribute $2 million to sneaker reseller Mainstreet Marketplace

Investment & Funding

Jun 26, 2023

Japan increases efforts to strengthen its chip industry-thumnail

Japan increases efforts to strengthen its chip industry

The board of semiconductor materials manufacturer JSR Corp. will meet on Monday to talk about a potential multi-billion-dollar acquisition by a government-backed fund, which would speed up Japan’s ambitions to bolster its chip industry.

Business

Jun 26, 2023

Infosys signs $454 million partnership with Danske Bank for digital transformation-thumnail

Infosys signs $454 million partnership with Danske Bank for digital transformation

A $454 million contract for the digital transformation of Denmark’s Danske Bank has been won by Infosys, the business announced on June 26. Infosys is the latest IT services company to land a large contract amid a downturn in the industry.

Business

Jun 26, 2023

OpenAI, the creator of ChatGPT, intends to introduce a marketplace for AI applications-thumnail

OpenAI, the creator of ChatGPT, intends to introduce a marketplace for AI applications

The OpenAI marketplace intends to serve business clients who frequently adapt OpenAI’s ChatGPT technology for particular use cases.

Artificial Intelligence

Jun 26, 2023

Intel will lease it back after selling its Bengaluru location-thumnail

Intel will lease it back after selling its Bengaluru location

The 250,000-square-foot office building on Bengaluru’s Old Airport Road will be sold by US technology firm Intel as part of attempts to maximize the value of its real estate holdings.

News

Jun 24, 2023

Bitcoin jumps to yearly high level amid BlackRock’s Bitcoin ETF plans-thumnail

Bitcoin jumps to yearly high level amid BlackRock’s Bitcoin ETF plans

Bold moves managed to reignite the enthusiasm of investors who had been disenchanted due to a series of unfortunate incidents, including the sudden downfall of the FTX exchange towards the

Finance

Jun 24, 2023

IBM inches close to finalizing Appatio acquisition for a staggering $5 billion-thumnail

IBM inches close to finalizing Appatio acquisition for a staggering $5 billion

Apptio had been taken private by Vista Equity Partners in 2018 for a considerably lower amount of $1.94 billion. The company specializes in providing cloud-based and hybrid business management software,

Finance

Jun 24, 2023

Google planning a global fintech operation center in GIFT City; Amazon promises $15 billion investment in India-thumnail

Google planning a global fintech operation center in GIFT City; Amazon promises $15 billion investment in India

Google, under Pichai’s astute guidance, unfurls its grand scheme to establish a global fintech operation center in none other than the dazzling GIFT City of Gujarat; Amazon Ceo Andrew promised

News

Jun 24, 2023

Power Ministry announces new electricity billing provisions-thumnail

Power Ministry announces new electricity billing provisions

Consumers won’t have a fixed rate throughout the day, consumers will now be charged for electricity based on the time of day. The Ministry explained that the price of electricity

News

Jun 24, 2023

The essential information regarding iOS 17’s NameDrop feature from Apple-thumnail

The essential information regarding iOS 17’s NameDrop feature from Apple

Apple recently unveiled NameDrop, a useful function that iOS 17’s AirDrop has incorporated. Users may now exchange contact information more easily than ever thanks to NameDrop. iPhone, Mac, iPad, AirPods,

News

Jun 23, 2023


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