Newsmen Business Desk
US Fed, ECB, Bank of England Set to Maintain Current Interest Rates
This stands against the backdrop of potential recessions on both sides of the Atlantic ahead of critical elections.
Scindia Foresees India's Air Passenger Traffic Surging to 42 Crore by 2030
He emphasized the growth of greenfield airports, with two more set to be operational in Jewar and Navi Mumbai next year.
Narayana Murthy defends his 70-hr work week statement, says he used to reach office at 6:20am
While his original statement stirred controversy, Murthy insisted that hard work was integral to prosperity and nation-building. The debate over the demanding work schedule's impact on health had sparked mixed reactions on social media.
Zerodha Founders Kamath Brothers' Compensation Hits Rs 200 Crore in FY23
Zerodha witnessed a 35.7% surge in employee benefits, reaching Rs 623 crore in FY23 from Rs 459 crore in FY22.
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Government Implements Ban on Onion Exports to Control Price Surge
These actions are part of the government's strategy to regulate onion markets and prevent price escalation by prioritizing domestic availability.
Tata Reportedly Plans to Construct New iPhone Factory in Tamil Nadu, Aims to Employ 50,000 Workers
The proposed Hosur facility is expected to exceed the scale of Tata's existing Wistron-acquired unit, which currently employs over 10,000 individuals. Simultaneously, Apple aims to manufacture over 50 million iPhones annually in India, part of its strategy to reduce production dependence on China, as reported by the Wall Street Journal, citing sources familiar with the matter.
Supreme Court Questions CBI Over Chanda Kochhar's Interim Bail Extension for 11 Months
During the proceedings, the court noted an adjournment request made on Kochhar's behalf and questioned the continuation of her interim bail.
India's Forex Reserves Reach 4-Month High
In the week ending November 17, the reserves had already seen a boost of $5.077 billion, reaching $595.397 billion.
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India's Tech Startups Witness Lowest Funding in 5 Years, Produce Only 2 Unicorns in 2023
Funding reductions spanned all stages: late-stage saw a 73% dip, followed by early-stage (70%) and seed-stage (60%).
Zomato Sees Share Deal Worth Rs 1,125 Crore, With SoftBank Possibly as Seller
This transaction involved the exchange of about 1.06 percent stake in the company, equivalent to 9.35 crore shares, during the early trading session.
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