Byju Raveendran addressed his employees in a virtual town hall and assured them that “the situation is not as bad as what appears in the … Read more
Business and Finance
‘It pains us,’ says Tata group Chairman N Chandrasekaran after jobs scam at TCS
Chandrasekaran said, “Whenever there is a violation of ethical conduct by any employee, it pains us. It pains me and all the leaders very deeply. … Read more
Paytm partners with Shriram Finance to strengthen its loan distribution biz
Paytm offers its platform for Shriram Finance for digital credit for merchant loans and consumer loans. One97 Communications Limited (OCL), which owns the brand Paytm, … Read more
UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe
Adobe has five working days to submit proposals to address the regulator’s concerns, CMA added. Britain’s competition regulator on Friday said Photoshop owner Adobe Inc’s … Read more
BlackBerry reports surprise profit on cybersecurity strength
The Canadian technology company is banking on resilient demand for its cybersecurity products on rising security threats in the information technology sector BlackBerry posted a … Read more
Apple stock hits record, on cusp of $3 trillion market value
The stock is now trading at about 29 times expected earnings, its highest multiple since February 2022, according to Refinitiv data Apple’s stock climbed to … Read more
BPCL unveils Rs 49,000 cr petrochemical, capacity expansion project at MP’s Bina refinery
One of the main components of the expansion projects is the Ethylene Cracker Project which will drive the production of essential petrochemicals. Bharat Petroleum (BPCL) … Read more
Lordstown Motors files for bankruptcy, sues Foxconn
Shares of Lordstown tumbled 35% in trading on the Nasdaq. The company’s bankruptcy is not the first among the crop of EV startups that went … Read more
Tata Nexon EV crosses 50,000 sales mark, covers 90 crore km distance in over 3 years
The Nexon EV is currently available in over 500 cities across India and has covered a distance of over 900 million kilometers Tata Motors has … Read more
Bank holidays July 2023: Banks to remain closed on 15 days THIS month; check details here
Bank holidays in July: As per the Reserve Bank of India’s (RBI) list of holidays, 8 holidays are state-specific holidays for different festivals across different … Read more