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150 Bangladesh garment factories shut, 11,000 workers charged after clashes over minimum wage
Conditions are dire for many of the sector's four million workers, the vast majority of whom are women whose monthly pay, until recently, started at 8,300 taka ($75 - Indian Rs 6300).
Retail holding in NSE cos all-time high at 7.62%
The share of the government (as promoter) increased to a five-year high of 8.79% in September.
LIC net profit for Q2 drops 50%
LIC reported that profit after tax (PAT) for the half year ended September 30, 2023,was Rs 17,469 crore.
Ranjan Pai buys out Davidson Kempner’s debt in Byju’s
With this, Davidson Kempner exits Byju's and brings to a close its dispute with Byju's over a $250 million loan.
‘Telecom Dept doesn’t make call threatening disconnection’
Any such call should be treated as suspicious Lately, there has been surge in people getting calls claiming that mobile numbers will be disconnected within two hours by the DoT.
REC signs MoU with RailTel, to Finance Infra Projects in Telecom, IT and Railway Signaling
Gurugram: Power Sector Maharatna REC Limited signed an MoU with RailTel on Thursday, to extend financial assistance upto Rs. 30,000 Crore for Infrastructure Projects to be executed by RailTel in next 5 years. These projects encompass a wide…
Moody’s retains India’s GDP growth at 6.7% for 2023
According to it, high-frequency indicators show the economy’s strong momentum in the April-June quarter carried into the September quarter.
InterGlobe, Archer to launch air taxi service from 2026
The partnership has plans to finance the purchase of up to 200 of Archer’s electric take-off and landing (eVTOL) aircraft – Midnight- for the Indian market.
Festive season to create 2.5 million frontline jobs
In FY23, industry average salaries have increased marginally by 3.25% when compared to the FY22 festive season.
Government says no favouritism in coal mines allocation
As per a media report, Adani Group emerged as one of the biggest winners in the commercial coal auctions held in March 2023.
High prices may dampen the gold rush this Diwali
Prices rise 11% year-to-date on economic, geopolitical uncertainties
Madhya Pradesh: 10 UN Sustainable Development Goals to drive Rural Development, Livelihood, Health
Madhya Pradesh: The SBI Foundation's Youth for India program celebrated the valediction of its 10th Batch at SBILD. The event marked the culmination of the 13-month Fellowship for 67 dedicated Fellows, who showcased their remarkable…
PFC delivers impressive profits in Q2’23; declares Rs. 4.50 interim Div.
New Delhi: Power sector Maharatna, Power Finance Corporation "has delivered another successful quarter for FY 2024 with 28% increase in profit vis-à-vis Q2’23, reflecting our inherent strengths. Sharing our success with our shareholders has…
Global wine production hits lowest level since 1961, big C to blame
A number of major producers in the southern hemisphere had significant drops in production. Australia, Argentina, Chile, South Africa and Brazil all saw output drop between 10 and 30 percent.
Your humble railway platform may soon get KFC, Pizza Hut, Costa Coffee
Devyani International, the franchisee that runs KFC, Pizza Hut and Costa Coffee, ties up with IRCTC to bid for food court contracts at railway stations.
Barbeque Nation reports sluggish growth in Q2, amid an increase in vegetarian days
Barbeque Nation saw a sharp quarter-on-quarter decline of 6.8% in its sales during the three months ended September. Dine-in revenue came down by 6.5% quarter-on-quarter and 5% year-on-year.
Musk teases AI chatbot ‘Grok,’ with real-time access to X
Musk is one of the world's few investors with deep enough pockets to compete with OpenAI, Google or Meta on AI.
WhatsApp AI tool shows kids with guns when prompted with ‘Palestine’
The discovery comes as Meta has faced criticism from Instagram and Facebook users who are posting "pro-Palestinian" content.
Markets continue to climb; Sensex gains 471 points in early trade
The 30-share BSE Sensex jumped 471.45 points to 64,835.23 points in early trade. The Nifty climbed 126.75 points to 19,357.35 points.
Now, Wipro asks all employees to work from office thrice a week from November 15
The company said it strongly believes that in-person interactions are critical to the professional development of talent as well as to the company's success in driving ongoing innovation for clients.
