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Adani Group is under regulatory review in the US as a result of a study by Hindenburg Research-thumnail

Adani Group is under regulatory review in the US as a result of a study by Hindenburg Research

In a thorough denial, Adani Group said that Hindenburg’s report was “nothing short of a calculated securities fraud.”

Business

Jun 23, 2023

Rosneft and BPCL in talks to purchase oil priced on Dubai Benchmark: Report-thumnail

Rosneft and BPCL in talks to purchase oil priced on Dubai Benchmark: Report

Approximately 6 million metric tonnes (43.8 million barrels) of discounted Russian crude would be purchased by Indian state-run refiner BPCL from Rosneft at a price based on the benchmark set

Industry

Jun 23, 2023

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared-thumnail

Shark Tank Featured And Demanded A Valuation Of Rs 600 Crore Hood App, However, Disappeared

A social media celebrity and the app’s co-founder, Abhishek Asthana, discusses the company’s goals and his time on Shark Tank India. The Hood app is a platform that offers a forum for debates that are more democratic.

Business

Jun 22, 2023

India’s Current Fiscal Year GDP Prediction Is Increased By Fitch To 6.3% From 6%-thumnail

India’s Current Fiscal Year GDP Prediction Is Increased By Fitch To 6.3% From 6%

The growth projection is in comparison to the 7.2% GDP growth in FY23. The economy had expanded by 9.1% in the preceding fiscal year (FY22). On June 22, Fitch Ratings increased its prediction for India’s economic growth to 6.3% for the current fiscal year 2023–2024 from its earlier projection of 6%.

Economy

Jun 22, 2023

WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations-thumnail

WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations

The use of remote working has been encouraged by major IT Firms. Employees at Tata Consultancy Services (TCS) and Infosys have just received emails announcing the commencement of office hours. A hybrid working paradigm has also been encouraged by other Indian IT firms like HCL Tech and Wipro.

IT Farms

Jun 22, 2023

Economic Ramifications of Brexit on Trade and Investment Between the UK and Germany-thumnail

Economic Ramifications of Brexit on Trade and Investment Between the UK and Germany

Ever since the United Kingdom cast its historic vote to exit the European Union on June 23, 2016, followed by its departure from the EU’s single market at the onset

Investment & Funding

Jun 22, 2023

How Poland landed a multi-billion dollar investment from Intel-thumnail

How Poland landed a multi-billion dollar investment from Intel

In order to lessen its reliance on Asia in the face of an unprecedented semiconductor scarcity, Europe is providing billions of euros in subsidies. In exchange, Intel is making significant financial commitments, and Poland chose to join the celebration since Germany had already secured a 30 billion euro investment.

Investment & Funding

Jun 22, 2023

Google and other IT firms charge Microsoft with unfair Cloud business practices-thumnail

Google and other IT firms charge Microsoft with unfair Cloud business practices

According to a Reuters story, Alphabet’s Google and technology trade associations have complained to the Federal Trade Commission about what they claim are unfair business practices in the cloud, including those by Microsoft, the sector’s second-largest vendor by market share. 

News

Jun 22, 2023

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation-thumnail

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation

As of March 2023, VRL possesses $1.7 billion in short-term investments, encompassing various bank deposits, quoted bonds, and mutual funds. Experts at CreditSites speculate that these investments could be liquidated

Finance

Jun 22, 2023

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO-thumnail

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO

The recently appointed CEO of the Chennai-based company, Harsha Kumar, told ETtech that Prodapt is intensifying its focus on connected platforms and software (CPS), more widely known as Big Tech.

News

Jun 22, 2023

Biden Administration to ease Visa norms for skilled worker as PM visits US-thumnail

Biden Administration to ease Visa norms for skilled worker as PM visits US

Recognizing the need for comprehensive immigration policy reform, the Biden administration has been diligently working to improve visa accessibility for Indians. President Joe Biden aims to forge a stronger bond

COVID 19

Jun 22, 2023

China’s Stance on Debt Restructuring and the Common Framework-thumnail

China’s Stance on Debt Restructuring and the Common Framework

The upcoming summit in Paris, where Premier Li Qiang of China and global leaders will convene, endeavors to tackle the predicament of debt burdens faced by economically disadvantaged nations and explore avenues for climate financing.

Business

Jun 22, 2023


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