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Major Western Banks Downgrade China’s 2023 GDP Growth Forecasts-thumnail

Major Western Banks Downgrade China’s 2023 GDP Growth Forecasts

In the wake of underwhelming financial data in May, some distinguished Western banks have adjusted their predictions for China’s GDP enlargement in 2023.

News

Jun 16, 2023

“Intel Makes Historic $4.6 Billion Chip Investment in Poland, Unveiling Massive Expansion Plans in Europe”-thumnail

“Intel Makes Historic $4.6 Billion Chip Investment in Poland, Unveiling Massive Expansion Plans in Europe”

Intel, with an extensive three-decade-long presence in Poland and an existing workforce of 4,000 employees, cited several factors that propelled their choice of Poland for this momentous venture. They commended

News

Jun 16, 2023

“Musashi Revs Up Electric Mobility in India, discloses ₹70 Crore Investment Plan!”-thumnail

“Musashi Revs Up Electric Mobility in India, discloses ₹70 Crore Investment Plan!”

With its rich expertise in design and engineering, Musashi plans to leverage its capabilities to manufacture a new EV unit comprising a motor, PCU and gear box. The manufacturing of

New Launch

Jun 16, 2023

Vodafone Idea has dropped 25,000 retail partners as a cost-cutting strategy, according to a report-thumnail

Vodafone Idea has dropped 25,000 retail partners as a cost-cutting strategy, according to a report

Cash-strapped In a cost-cutting drive, Vodafone Idea allegedly expelled over 25,000 of its retail partners throughout the nation. According to the Economic Times, Vi has pulled its partners from the multi-brand shop market, and the business has stopped paying a fee.

Business

Jun 16, 2023

India chip packaging plant nears $1 billion investment by Micron-thumnail

India chip packaging plant nears $1 billion investment by Micron

In an effort to further expand its geographic reach amid tensions between the US and China, sources claim that Micron Technology Inc. is close to agreeing to contribute at least

News

Jun 16, 2023

Blow It For TCS! Transamerica Life Insurance Cancels A $2 Billion Contract With An Indian It Company-thumnail

Blow It For TCS! Transamerica Life Insurance Cancels A $2 Billion Contract With An Indian It Company

According to a TCS press statement, the agreement between TCS and Transamerica Insurance was inked in January 2018. The agreement guaranteed TCS at least $200 million in yearly income. Tata

Industry

Jun 16, 2023

Defense ministry approves acquisition of 31 US-made MQ-9B SeaGuardian drones-thumnail

Defense ministry approves acquisition of 31 US-made MQ-9B SeaGuardian drones

Whispers from insiders have spilt the beans that the defence ministry has given the nod for the procurement of MQ-9B SeaGuardian drones.

Business

Jun 16, 2023

India’s trade deficit touched $22.12 billion in May 2023-thumnail

India’s trade deficit touched $22.12 billion in May 2023

Investments and Internal Trade (DPIIT) had devised a trading strategy to address the slowdown in the developed world, which is India’s major importer.

Business

Jun 16, 2023

Microsoft’s valuation tops $2.6 trillion in record time-thumnail

Microsoft’s valuation tops $2.6 trillion in record time

The market’s confidence regarding the potential of artificial intelligence (AI) has helped Microsoft Corp. shares rise to a fresh record high close on Thursday, helping the technology giant reach a

News

Jun 16, 2023

IKIO Lighting lists on bourses at 37% premium; raises Rs. 606 Crores-thumnail

IKIO Lighting lists on bourses at 37% premium; raises Rs. 606 Crores

IKIO Lighting dazzled investors on June 16, exceeding analysts’ predictions with a 37 percent surge above its issue price.

Investment & Funding

Jun 16, 2023

After the meltdowns of last year, cryptocurrency investors increase risk management-thumnail

After the meltdowns of last year, cryptocurrency investors increase risk management

Institutional cryptocurrency investors are transferring to exchanges that provide tighter asset protection, increasing due diligence on trading counterparties, and performing trades in smaller chunks in order to safeguard themselves.

News

Jun 16, 2023

Micron invests $602 million in existing plant in China-thumnail

Micron invests $602 million in existing plant in China

The US memory chip manufacturer Micron declared its commitment to China on Friday and announced plans to invest 4.3 billion yuan ($603 million) in its chip packaging factory in the

Investment & Funding

Jun 16, 2023


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