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<strong>The Tata Motors company reaches milestone of 50 lakh passenger vehicles</strong>-thumnail

The Tata Motors company reaches milestone of 50 lakh passenger vehicles

One of India’s top automakers, Tata Motors, declared today that it had produced 50 lakh passenger automobiles. It took Tata Motors 25 years to reach this milestone after introducing several

Business

Mar 3, 2023

<strong>CEO of Tech Mahindra CP Gurnani: AI will create jobs, not take them away</strong>-thumnail

CEO of Tech Mahindra CP Gurnani: AI will create jobs, not take them away

As generative AI technologies like ChatGPT and Bing AI are becoming more popular, some people worry that this could put human jobs in danger. Yet, some senior executives in India

Industry

Mar 3, 2023

Nifty PSU Bank index surges 4% amid a rebound in Adani group stocks-thumnail

Nifty PSU Bank index surges 4% amid a rebound in Adani group stocks

On March 3, 2023, the Nifty PSU Bank index surged almost 4 percent on the National Stock Exchange (NSE) amid a sharp rebound in Adani group stocks. This gain was

News

Mar 3, 2023

India’s service sector activity grows at the fastest pace in 12 years in February-thumnail

India’s service sector activity grows at the fastest pace in 12 years in February

Activity in the Indian-led services sector grew at the fastest pace in 12 years in February, a survey found, on strong demand, while pricing pressures eased further amid modest employment

Industry

Mar 3, 2023

Boutique, a US-based investment firm, infuses Rs. 15,446 crores in the Adani group-thumnail

Boutique, a US-based investment firm, infuses Rs. 15,446 crores in the Adani group

The sale of shares included Adani Enterprises worth Rs 5,460 crore, Adani Ports & SEZ worth Rs 5,282 crore, Adani Green Energy worth Rs 2,806 crore, and electricity distributor Adani

Business

Mar 3, 2023

Citigroup Inc laying off less than 1% of its workforce; in line with peers-thumnail

Citigroup Inc laying off less than 1% of its workforce; in line with peers

The latest move comes after other major Wall Street banks such as Goldman Sachs and Morgan Stanley cut thousands of jobs after a tough year for dealmaking activity, as recessionary

Industry

Mar 3, 2023

“Adani Group Bonds Emit Cautions Despite Subsiding $153 Billion Stock Rout”-thumnail

“Adani Group Bonds Emit Cautions Despite Subsiding $153 Billion Stock Rout”

The recent market meltdown of the Adani Group, a conglomerate in India, has shown some signs of improvement after a tour to restore confidence and a $1.9 billion investment from

News

Mar 3, 2023

<strong>Apple partner Foxconn Tech plans to move from China to India with a $700 million plant</strong>-thumnail

Apple partner Foxconn Tech plans to move from China to India with a $700 million plant

In order to increase local production, Apple Inc. partner Foxconn Technology Group is to invest roughly $700 million in a new factory in India, according to people with knowledge of

Business

Mar 3, 2023

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings-thumnail

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings

Greenko Energy Holdings, situated in Hyderabad, has raised $700 million in equity capital from its founders, GIC, an ADIA-affiliated wholly-owned subsidiary, and ORIX Corporation, a Japanese financial conglomerate. The business

Finance

Mar 3, 2023

<strong>In 5 years, Amitabh Bachchan makes a 5x return on this smallcap stock!</strong>-thumnail

In 5 years, Amitabh Bachchan makes a 5x return on this smallcap stock!

According to Ace Equity data, Amitabh Harivansh Rai Bachchan, also known as Big B, has held 3,32,800 shares, or a 2.45% stake, in this company since September 2018. DP Wires

Business

Mar 3, 2023

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses-thumnail

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses

ValueQuest Investment Advisors, a public market investor based in India, has launched a new private equity fund and plans to raise up to INR 1,000 Cr ($121 Mn) for it.

Business

Mar 2, 2023

India’s Feb bike sales climb on wedding demand, easing chip shortages-thumnail

India’s Feb bike sales climb on wedding demand, easing chip shortages

Domestic two-wheeler sales rose double digits from a year earlier, an indicator that reflects the financial health of India’s rural economy and the needs of the country’s largest, loosely defined

Business

Mar 2, 2023


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