United Spirits, India’s largest spirits company, is set to lay off around 100 employees as part of parent company Diageo’s global cost-cutting programme, reported Economic Times citing people familiar with…
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Sensex jumps over 600 points: Why are stock markets rallying today?
Benchmark indices extended their rally on Thursday, with the Sensex surging over 600 points and the Nifty inching closer to the 24,200 mark, as easing crude oil prices, strong Asian…
Amazon to invest $48 billion in India by 2030, CEO Andy Jassy meets PM Modi
India continues to attract some of the world’s biggest technology investments. In a major boost for the country’s digital and artificial intelligence ambitions, Amazon CEO Andy Jassy has announced an…
GTA 5 made $10 billion. Here’s what GTA 6 could earn if it repeats history
GTA 6 isn’t just another video game launch. It is shaping up to be one of the biggest entertainment events of the decade, and nearly five months before the game…
Oil at pre-Iran war lows lifts Dalal Street; Sensex and Nifty jump
Benchmark indices opened higher on Thursday, extending their recent gains as crude oil prices fell to their lowest levels since before the Iran conflict, boosting sentiment for oil-importing economies like…
RBI’s new pension rule: Banks can’t recover excess pension without informing you first
Government pensioners will now have greater protection against sudden deductions from their bank accounts. In a move aimed at making pension recovery more transparent, the Reserve Bank of India ()…
Lost money to online fraud? RBI’s new rule might just save you
You get an SMS saying Rs 18,000 has been debited from your account. You did not authorise it. Your hands are shaking as you call your bank’s customer care, and…
Stock mismatch, mega offshore deals: What ED found during raids on Rajesh Exports
The Enforcement Directorate (ED), which conducted raids at Bengaluru-based gold refiner and jewellery manufacturer Rajesh Exports, has uncovered suspected irregularities, including an unexplained Rs 1,035 crore overseas investment, opaque foreign…
SK Hynix surpasses Samsung as South Korea’s most valuable company amid AI chip boom
South Korea’s corporate landscape has witnessed a major shift. SK Hynix, once a struggling chipmaker burdened by debt, has overtaken Samsung Electronics to become the country’s most valuable listed company.…
Elon Musk no longer a trillionaire as SpaceX, Tesla shares decline
Elon Musk is no longer a trillionaire after a sharp fall in the share prices of Tesla and SpaceX wiped billions from his fortune. The world’s richest person saw his…