The wholesale price index (WPI) inflation fell to 3.85 per cent in February 2023 from 4.73 per cent in January 2023. WPI inflation saw a nearly 10 per cent drop…
Author: Admin
Air India partners with Salesforce to digitise contact centre operations
Air India announced on Monday the Tata group-owned airline will be partnering with Salesforce to transform its customer service technology stack. “In line with our strategy to deliver a world-class, omni-channel…
Income Tax Dept investigates Cipla on potential tax violations: Report
The Income Tax Department is reportedly investigating drugmaker Cipla on charges of tax violations and tax avoidance. The I-T department is investigating whether the company reportedly made wrong claims under…
Litigation funding start-up FightRight Technologies launches Rs 100 crore fund for HNIs
FightRight Technologies, a legaltech start-up that leverages AI and ML-backed analytics to fund commercial litigations, has launched a Rs 100 crore fund aimed at high net worth (HNIs) individuals looking…
Up to 788% rise! India’s imports from these countries spiked sharply in last 10 years
India witnessed a nearly 22 per cent increase in its import bill to $601.70 billion during the ongoing financial year till January 2023 due to a sharp rise in crude oil…
Jefferies does an SVB test on Indian banks. Here’s the result
Ever since the crisis at US-based Silicon Valley Bank (SVB) came out in the public last week and many Indian start-ups also got affected, questions have been raised on whether…
Adani-Hindenburg row: Congress moves adjournment motion in Lok Sabha seeking discussion
Congress MP Manickam Tagore has moved an adjournment motion in the Lok Sabha seeking a discussion on the Adani Group versus Hindenburg Research saga. Tagore also expressed concerns regarding the…
India to discourage foreign trade settlement in Chinese yuan
India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of…
BuzzFeed says most of cash and cash equivalents held at SVB
BuzzFeed Inc said on Monday that most of its cash and cash equivalents were held at Silicon Valley Bank, which was shut down last week. The digital media firm said…
Gautam Adani’s brother Vinod Adani owns Ambuja and ACC, not Adani Group: Report
Over a month after Hindenburg Research alleged that Gautam Adani’s elder brother Vinod Adani managed a network of offshore entities to facilitate fraud at Adani Group, a report on Monday…