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Renault cuts ownership in Nissan to 15%-thumnail

Renault cuts ownership in Nissan to 15%

The move is part of a tough alliance rebalancing deal between the two companies, as Nissan now owns 15% less of Renault. The Renault-Nissan-Mitsubishi Alliance, originally known as the Renault-Nissan

Business

Jan 30, 2023

The report shows a 26% decrease in demand for affordable housing in Indian cities in 2022-thumnail

The report shows a 26% decrease in demand for affordable housing in Indian cities in 2022

According to a report released on Monday, the demand for affordable housing in Indian cities decreased from a significant 39% in 2018 to 26% in the previous year, as the

Business

Jan 30, 2023

<strong>To empower 1,000 startups, RazorpayX launches forex services for founders</strong>-thumnail

To empower 1,000 startups, RazorpayX launches forex services for founders

The business anticipates that this currency service, which now has an annualized run rate of Rs 350 crore, would scale up by 3–4 times in the upcoming fiscal year. On

Business

Jan 30, 2023

Philips lays off 6,000 more as power-saving device recall losses worsen-thumnail

Philips lays off 6,000 more as power-saving device recall losses worsen

Philips CEO Roy Jacobs announced difficult but necessary 6,000 job cuts by 2025. A total of 40,000 employees have been laid off from Amazon, Microsoft, and Google in the past

Business

Jan 30, 2023

Tata Power partners with Contour for a digital trade finance platform-thumnail

Tata Power partners with Contour for a digital trade finance platform

On Monday, Tata Power announced a partnership with Contour, a prominent digital trade finance network based in Singapore, with the aim of enhancing the strength, clarity, and efficiency of its

Business

Jan 30, 2023

India’s low coal reserves threaten its electricity supply-thumnail

India’s low coal reserves threaten its electricity supply

Inventories at power plants consume less than 12 days compared to 9 at this time last year, but far less than 18 in 2021 and 19 in 2020. This winter,

Industry

Jan 30, 2023

China’s smartphone sales saw a significant drop of 13% in 2022-thumnail

China’s smartphone sales saw a significant drop of 13% in 2022

China’s smartphone sales saw a significant drop of 13% Year-on-Year in 2022, marking the largest drop in the sector over the past decade China’s smartphone sales saw a significant drop

Business

Jan 30, 2023

Despite experiencing a 3% year-over-year loss in 2022, Apple has risen to become the second-largest smartphone company in China-thumnail

Despite experiencing a 3% year-over-year loss in 2022, Apple has risen to become the second-largest smartphone company in China

According to a recent report, Apple has made a remarkable achievement by becoming the second largest smartphone player in China for the first time in a whole year, despite a

Business

Jan 30, 2023

Jugeshinder Singh, CFO of Adani Group, claims that Hindenburg merely copied and pasted our disclosures without conducting any additional study-thumnail

Jugeshinder Singh, CFO of Adani Group, claims that Hindenburg merely copied and pasted our disclosures without conducting any additional study

The CFO of the conglomerate claimed that the “bogus study based on lies and misrepresentation” could not discover any way to falsify the group’s enterprises. This was in response to

Business

Jan 30, 2023

Adani hits back at Hindenburg, saying it made all the revelations-thumnail

Adani hits back at Hindenburg, saying it made all the revelations

Jan 30 (Reuters) – India’s Adani Gathering gave a point-by-point riposte on Sunday to a Hindenburg Exploration report that started a $48 billion defeat in its stocks, saying it follows

Business

Jan 30, 2023

Adani’s share sale of $2.5 billion faces a crucial day-thumnail

Adani’s share sale of $2.5 billion faces a crucial day

Indian billionaire Gautam Adani on Monday faced a critical day with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in his

Business

Jan 30, 2023

Baidu may launch a ChatGPT-style bot soon-thumnail

Baidu may launch a ChatGPT-style bot soon

Baidu introduced a ChatGPT-style app in March, initially planning to build it into its core search engine. Baidu plans to launch an artificial intelligence chatbot service similar to OpenAI’s ChatGPT,

News

Jan 30, 2023


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