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China Sends Warships and Aircraft near Taiwan After Tsai Ing-wen’s Meeting with US House Speaker-thumnail

China Sends Warships and Aircraft near Taiwan After Tsai Ing-wen’s Meeting with US House Speaker

China has sent warships and aircraft near Taiwan for a second consecutive day, following Taiwanese President Tsai Ing-wen’s meeting with US House Speaker Kevin McCarthy. Three Chinese warships sailed in

News

Apr 7, 2023

IMF Head: India and China to Contribute 50% of Global Economic Growth in 2023-thumnail

IMF Head: India and China to Contribute 50% of Global Economic Growth in 2023

The executive director of the International Monetary Fund (IMF), Kristalina Georgieva, has issued a warning regarding the long-drawn-out deceleration of the global economy, which has been brought about by the

Finance

Apr 7, 2023

In Q4 FY23, TCS, Infosys, and Wipro expect variable pay cuts and a slowdown in hiring-thumnail

In Q4 FY23, TCS, Infosys, and Wipro expect variable pay cuts and a slowdown in hiring

The approaching earnings season will be a true test for Indian IT firms like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, and others that have been struggling with rising

Industry

Apr 7, 2023

US-based firms sack over 270,000 employees in Q1, up by nearly 400%-thumnail

US-based firms sack over 270,000 employees in Q1, up by nearly 400%

Large-scale layoffs in the Technology sector continue in 2023 amidst rate hikes and companies’ cost-cutting measures The technology sector, which is leading all industries, is witnessing a high number of

Business

Apr 7, 2023

By 2026, Toyota plans to introduce 10 new battery-powered electric vehicles-thumnail

By 2026, Toyota plans to introduce 10 new battery-powered electric vehicles

Toyota’s chief technology officer, Hiroki Nakajima, announced that the firm intends to introduce 10 new battery-electric vehicles models by 2026 at a briefing on the strategy under the leadership of

Automotive

Apr 7, 2023

Byju’s lenders demand $200 million prepayment over a $1.2 billion loan restructuring-thumnail

Byju’s lenders demand $200 million prepayment over a $1.2 billion loan restructuring

The clause hasn’t been accepted by the edtech company, and lenders also want updates on the company’s cash status every two weeks. Byju’s has $650 million in foreign accounts and

Education

Apr 7, 2023

Realty, auto firms expect demand to remain intact after RBI holds rate-thumnail

Realty, auto firms expect demand to remain intact after RBI holds rate

The Reserve Bank of India (RBI) announced on Thursday that it is holding its key repo rate steady, prompting CEOs from various industries to express their optimism about the business

Business

Apr 6, 2023

MPC Revises Inflation Forecast Downwards and Raises Growth Outlook Slightly for FY24-thumnail

MPC Revises Inflation Forecast Downwards and Raises Growth Outlook Slightly for FY24

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has revised its projections for retail price inflation and economic growth for the fiscal year 2023-24. In a

Business

Apr 6, 2023

Samsung, AMD sign multi-year pact to boost mobile graphics experience-thumnail

Samsung, AMD sign multi-year pact to boost mobile graphics experience

Samsung Electronics and chip-maker AMD have announced that they have signed a multi-year agreement extension to bring multiple generations of high-performance, ultra-low-power AMD Radeon graphics solutions to an expanded portfolio

Manufacturing

Apr 6, 2023

Worried investors drive VC financing for startups down 55%-thumnail

Worried investors drive VC financing for startups down 55%

American companies garnered $37 billion from venture capitalists in the first quarter of this year,The lowest sum in 13 straight quarters, according to statistics from research company PitchBook and the

Business

Apr 6, 2023

Despite laying off 30% of its workers, Dunzo secures $75 million in funding-thumnail

Despite laying off 30% of its workers, Dunzo secures $75 million in funding

Over 300 employees would be affected by the layoffs, which are a part of a reorganisation that founder and CEO Kabeer Biswas revealed in a town hall on Wednesday, according

Investment & Funding

Apr 6, 2023

Rents are shooting through the sky in Bengaluru as the battle for apartments increases-thumnail

Rents are shooting through the sky in Bengaluru as the battle for apartments increases

Residential rents in Bengaluru have undergone a considerable spike in the last year and corporate personnel are battling to acquire homes amidst the partial reopening of companies and schools and

Business

Apr 6, 2023


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