India’s fuel demand slipped in January after hitting a nine-month peak in December, hit by lower mobility due to cold weather in parts of the country and a slowdown in…
Author: Admin
‘Millennials were luckiest’: Zerodha’s Nikhil Kamath says it won’t be easy for Gen Z to start a business
Zerodha co-founder Nikhil Kamath, who usually dispenses market advice on Twitter, on Wednesday had a bad news for the Gen Z entrepreneurs. He said the period of 2008 to 2022…
Adani Group to pre-pay $500-million loan due on March 9: Report
Adani Group is planning to prepay a $500 million loan due next month to a group of foreign banks including Barclays Plc and Standard Chartered, Bloomberg reported on Wednesday. Barclays…
Why aren’t Indian markets enthused about FY24 GDP growth forecast of 6.4%-6.5%?
Reserve Bank of India Governor Shaktikanta Das on Wednesday announced India’s GDP growth forecast for 2023-24 at 6.4 per cent. The Economic Survey 2023, presented by Finance Minister Nirmala Sitharaman, projected a…
Entropik bags $25 mn from Bessemer, SIG to further build its emotion AI tech suite
Artificial intelligence-powered integrated market research platform provider Entropik has secured $25 million in Series B funding led by Bessemer Venture Partners and SIG Venture Capital. Its existing investor Bharat Innovation…
Adani Power Q3 net profit slumps 96% to Rs 8.7 cr as fuel costs rise
Adani Power, the power generating arm of the Adani Group, posted consolidated net profit of Rs 8.7 crore in the three months ended Dec 31, down from Rs 218 crore…
TotalEnergies CEO says it has not signed contract on new Adani hydrogen venture
European multinational energy major TotalEnergies has not yet signed any new contract announced last year to extend its partnership with Adani Group to the production of green hydrogen, CEO Patrick…
Ikea slashes product prices in India by 16-39%
Swedish furniture retailer Ikea has cut prices on a sizable part of its over 9,000 articles on offer in India. The price cuts range from 16-39 per cent across various…
Aero India exhibition: Airbus to hire fresh engg, IT talent at Bengaluru event, to create 13,000 fresh jobs
European aerospace major Airbus is planning to recruit fresh engineering and IT talent at Aero India in Bengaluru, where it is planning to host a public meet-and-greet session. Aero India…
Big relief for Flipkart India! Karnataka HC grants interim stay on demand exceeding Rs 1,100 crore
Karnataka High Court (HC) on Wednesday granted an interim stay to Flipkart India on demand of over Rs 1,100 crore. Additionally, the HC also mentioned in its interim order that…