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<strong>Banks may hike MCLR by 150 bps in FY24 amid tight liquidity: Report</strong>-thumnail

Banks may hike MCLR by 150 bps in FY24 amid tight liquidity: Report

According to India Ratings and Research (Ind-Ra), commercial banks in India are expected to increase their Marginal Cost of Funds Based Lending Rate (MCLR) by 100-150 basis points (bp) in

Finance

Mar 14, 2023

Breached Security: Euler Finance Loses $197 Mn to Cybercriminals”-thumnail

Breached Security: Euler Finance Loses $197 Mn to Cybercriminals”

Cyber-criminals have stolen $197 million in cryptocurrencies from Euler Finance, a crypto lending platform. This attack is one of many cryptocurrency heists in recent years, which have resulted in billions

Finance

Mar 14, 2023

To speed up its digital transformation, Jaguar Land Rover collaborates with Tata Technology-thumnail

To speed up its digital transformation, Jaguar Land Rover collaborates with Tata Technology

Jaguar Land Rover, a premium brand owned by the Tata Group, is collaborating with Tata Technologies, a leading provider of engineering, product development, and digital services, to further its industrial

Business

Mar 14, 2023

<strong>Anil Agarwal, Founder of Vedanta, urges India to focus on its domestic exploration in order to reduce poverty</strong>-thumnail

Anil Agarwal, Founder of Vedanta, urges India to focus on its domestic exploration in order to reduce poverty

Vedanta Resources’ founder, Anil Agarwal, has used Twitter to stress the significance of increasing domestic exploration and production in India. He said that such an increase would result in more

Business

Mar 14, 2023

Koo Collaborates With ChatGPT To Create Posts-thumnail

Koo Collaborates With ChatGPT To Create Posts

The founder of Koo, Mr. Mayank Bidawatka has declared that Koo could be utilized with ChatGPT to create attractive posts.  Koo app is an Indian-based micro-blogging platform competing with Twitter.

Business

Mar 14, 2023

Too-big-to-fail US lenders rake in deposits after three banks fail-thumnail

Too-big-to-fail US lenders rake in deposits after three banks fail

In the wake of the recent back-to-back collapses of three smaller banks, fear has gripped depositors who are worried that the crisis may spread. As a result, the largest banks

Business

Mar 14, 2023

<strong>Pfizer consents to purchase Seagen for $43 billion</strong>-thumnail

Pfizer consents to purchase Seagen for $43 billion

Pfizer has consented to pay USD 43 billion for biotech Seagen and its spearheading class of designated disease sedates, The Money Road Diary reported. Under the terms, Pfizer would pay

Business

Mar 14, 2023

<strong>Foreign trade settlements in Chinese yuan will be discouraged in India</strong>-thumnail

Foreign trade settlements in Chinese yuan will be discouraged in India

According to three government officials engaged in policymaking and two banking sources, India has requested banks and merchants refrain from using Chinese yuan to pay for Russian goods due to

Business

Mar 14, 2023

Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed-thumnail

Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed

Top-earning businesses include Billdesk, Firstcry, Zerodha, Zoho, and a few others. A company valued at $1 billion or more is considered a unicorn. According to market research platform Tracxn, India

News

Mar 14, 2023

Y Combinator lays off 20% of staff, downsizes on late-stage speculations -thumnail

Y Combinator lays off 20% of staff, downsizes on late-stage speculations 

US-based innovation startup gas pedal Y Combinator is laying off 17 representatives – – or 20% of its staff – – as it reported to downsize late-stage subsidizing. The cutbacks

News

Mar 14, 2023

BIEAP has released AP Inter hall tickets 2023; learn how to obtain them-thumnail

BIEAP has released AP Inter hall tickets 2023; learn how to obtain them

AP Inter Hall Tickets 2023 are now available at bieap.apcfss.in. Details are provided below. Andhra Pradesh Board of Intermediate Education has released AP Inter Hall Tickets 2023. Candidates who plan

News

Mar 14, 2023

<strong>The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles</strong>-thumnail

The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles

The battery manufacturer PowerCo of the European carmaker Volkswagen has announced plans to build its first “gigafactory” for manufacturing battery cells outside of Europe in St. Thomas, southwest Ontario. The

Business

Mar 14, 2023


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