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US Consumer Confidence Drops to Lowest Since July Amid Economic Pessimism-thumnail

US Consumer Confidence Drops to Lowest Since July Amid Economic Pessimism

US consumer confidence has dropped to the lowest level since July, according to data released by the Conference Board. The group’s index fell to 101.3 in April from 104 in

Finance

Apr 26, 2023

“Vedanta’s Over-Leverage: Anil Agrawal Describes it as ‘Very, Very Comfortable”-thumnail

“Vedanta’s Over-Leverage: Anil Agrawal Describes it as ‘Very, Very Comfortable”

Anil Agrawal, the Chairman of Vedanta Group, has assured stakeholders that Vedanta Resources Limited (VRL) is financially stable and capable of meeting its debt obligations comfortably. Speaking to The Economic

Business

Apr 26, 2023

A 24-year-old CA starts a fund worth Rs 100 billion for startups and SMEs-thumnail

A 24-year-old CA starts a fund worth Rs 100 billion for startups and SMEs

Chanakya Opportunities Fund I, a Sebi-registered Category II Alternative Investment Fund, will invest in successful SME firms with growth potential in unorganized industries; start-ups in manufacturing, consumer goods, and technology

Investment & Funding

Apr 26, 2023

By 2024, Zypp Electric will deploy 1 lakh e-scooters for Zomato-thumnail

By 2024, Zypp Electric will deploy 1 lakh e-scooters for Zomato

By 2024, 1 lakh electric scooters will be used by the online food delivery service Zomato, according to a statement from Zypp Electric on Tuesday. According to the business, the

Business

Apr 25, 2023

Ingka accomplishes with PVR Inox for impending Gurgaon focus, to open a 9-screen cinema-thumnail

Ingka accomplishes with PVR Inox for impending Gurgaon focus, to open a 9-screen cinema

Ingka Focuses, part of Ikea’s retail administrator Ingka Gathering, has collaborated with PVR Inox for its impending Gurgaon focus to open a 9-screen cinema.  Ingka Focuses’ most recent Gathering Spot

News

Apr 25, 2023

Tony Fernandes, the leader of a budget airline empire, gets ready for a post-Air Asia-thumnail

Tony Fernandes, the leader of a budget airline empire, gets ready for a post-Air Asia

Tony Fernandes, the founder of AirAsia, is stepping away from the aviation industry to focus on other areas such as health, education, and private equity. Fernandes, who is 58 years

News

Apr 25, 2023

Boeing Faces Production Challenges with 737 MAX, May Impact Air India and Akasa Air Deliveries-thumnail

Boeing Faces Production Challenges with 737 MAX, May Impact Air India and Akasa Air Deliveries

Boeing, the American aerospace company, is reportedly facing some production challenges with its best-selling jet, 737 MAX, which may result in delayed deliveries for Air India and Akasa Air. CNBC

Business

Apr 25, 2023

Volvo Cars Tech Fund invests in Israeli deep-tech AI-startup CorrActions-thumnail

Volvo Cars Tech Fund invests in Israeli deep-tech AI-startup CorrActions

Volvo Cars Tech Fund has announced its investment in an Israeli startup, CorrActions, which has developed AI-powered software capable of detecting cognitive abnormalities in drivers and passengers. The technology uses

Investment & Funding

Apr 25, 2023

Hyundai Motors announces $5 billion battery joint venture-thumnail

Hyundai Motors announces $5 billion battery joint venture

The announcement by the firms formalises an earlier tentative deal and involves Hyundai and its partner SK On, a battery division of SK Innovation Co. Ltd., who will establish a

Business

Apr 25, 2023

“JioCinema may convert to a paid subscription platform: Here are the purported prices”-thumnail

“JioCinema may convert to a paid subscription platform: Here are the purported prices”

JioCinema, a popular streaming platform in India, which recently streamed the FIFA World Cup 2022 and is currently streaming Tata IPL 2023, may soon begin to charge a subscription fee.

Entertainment

Apr 25, 2023

Results for Nestle India’s first quarter show profit rising 25% to Rs 737 crore and revenue rising 21%, which is the company’s greatest rise in a decade-thumnail

Results for Nestle India’s first quarter show profit rising 25% to Rs 737 crore and revenue rising 21%, which is the company’s greatest rise in a decade

According to Nestle India, it had its strongest quarter of growth in the previous ten years. This does not include a standout quarter in 2016 that was an anomaly because

Industry

Apr 25, 2023

Lokal raises $14.6 million in funding from Global Brain, SIF, and others-thumnail

Lokal raises $14.6 million in funding from Global Brain, SIF, and others

The firm, which has its headquarters in Bengaluru, plans to use the additional funding to grow in its current markets, introduce new product categories and features, and further fortify its

Business

Apr 25, 2023


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