The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month after weak economic data fueled recession worries while hawkish comments…
Author: Admin
Amazon begins its largest-ever layoffs, 18,000 employees to be hit
Amazon Inc is set to begin its largest-ever layoffs in history with plans to let go 18,000 employees. The e-commerce giant will cut some jobs in the US, Canada, and…
Davos 2023: ‘Past one year was our best one ever,’ says BYJU’s co-founder Divya Gokulnath
Even as the edtech major BYJU’S found itself spiralling from one controversy to another in the recent past, co-founder Divya Gokulnath said the past one year was its best ever…
‘Difficult, but necessary’: Microsoft CEO Satya Nadella on sacking 10,000 employees
After Google, Amazon, and Twitter, tech giant Microsoft on Wednesday announced that it would fire 10,000 employees this year. In a letter to employees, Microsoft CEO Satya Nadella said the decision…
Govt proposes slew of changes to insolvency law
The government on Wednesday proposed a slew of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework. The Insolvency and Bankruptcy Code (IBC),…
Rs 70 or Rs 100, where are RVNL shares headed after 14% jump in January so far?
Shares of Rail Vikas Nigam (RVNL), the infrastructure arm of Indian Railways, have jumped 14 per cent so far in January this year. The stock on Wednesday surged 4.97 per…
Tata Investment shares slip 4% today; immediate support seen at Rs 2,100, says analyst
Shares of Tata Investment Corporation fell nearly 4 per cent on Wednesday after announcing quarterly results for the third quarter of current financial year (Q3 FY23). The stock slipped 3.74…
Just Dial shares climb 15% since Q3 earnings; what should investors do?
Shares of search engine provider Just Dial ended 6% higher amid a market rally today. With today’s rally, Just Dial stock has gained 15.26% since Q3 earnings were announced last…
IndusInd Bank Q3 results: Profit jumps 58% to Rs 1,964 crore; NIM improves to 4.27%
IndusInd Bank on Wednesday reported a 58 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,964 for the December quarter crore compared with Rs 1,242 crore in…
Genetic diagnostic firm MedGenome says it’s evaluating inorganic growth, to target emerging markets
MedGenome, a domestic genetic diagnostic company, is considering inorganic growth to boost its business in emerging markets. The company currently has a comprehensive genetic diagnostic portfolio of more than 1,300…