Maruti Suzuki Chairman R.C. Bhargava announced that the company will introduce electric vehicles (EVs) in the next few months, as outlined in the automaker’s 2023-24 annual report. According to The Hindustan Times, Bhargava also highlighted the need for a policy framework promoting various clean technologies such as CNG, biogas, and ethanol. “Some states, like UP, […]
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North News Chandigarh, August 5 Benchmark indices are set for a gap-down opening today due to several factors. Firstly, weak Asian markets, with losses up to 6% in Japan and South Korea, are influencing Indian stocks and secondly, fears of a US recession, marked by rising unemployment and falling treasury yields, are dampening investor sentiment […]
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North NewsChandigarh, August 2American lenders are aiming to freeze the assets of Riju Ravindran, a suspended director of the Indian edtech giant Byju’s, insisting that his funds should be directed to pay off debts owed to them rather than settling with India’s cricket governing body, BCCI. According to Business Standard,GLAS Trust Company, representing lenders owed […]
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Shares of Zomato surged nearly 19% to an all-time high of Rs 278.45 on Friday, pushing the company’s market capitalization to Rs 2.46 lakh crore. As per Business Times,This surge followed the release of Zomato’s robust Q1 results for the June 2024 quarter, which saw a multifold increase in net profit to Rs 253 crore, […]
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North NewsChandigarh, August 2 Intel CEO Pat Gelsinger has announced significant cost-cutting measures following the company’s second-quarter earnings report for 2024. According Intel,to achieve $10 billion in savings by 2025, Intel plans to reduce its workforce by approximately 15,000 roles, or 15%, with the majority of cuts expected by the end of the year. Gelsinger […]
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United Nations, citing India as a prime example, President of the 78th session of the UN General Assembly, Dennis Francis, highlighted how the country has significantly reduced poverty through digitalisation. According to the news outlet The Hindustan Times, speaking in Rome at the Food and Agriculture Organisation of the United Nations, Francis praised India’s use […]
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A resurgence in using IPOs for funding expansion plans marks a shift in India Inc’s approach. After more than a decade, Indian companies are increasingly turning to initial public offers (IPOs) to fund capital expenditures and expansion plans, rather than merely providing exit options for investors like private equity and venture capital firms. According to […]
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North News Chandigarh, July 31 Nicolas Puech, the 81-year-old heir to the Hermès luxury empire, has found his multimillion-dollar claim unraveling. According to the news outlet CNBCTV, this month, a Swiss court dismissed Puech’s accusations that his former wealth manager played a role in the disappearance of his alleged $13 billion fortune. The court’s decision […]
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Salaries have risen, but so has spending. The solution? Start investing early. Freshers today earn more but also spend more. Picture these situations: The rent due date is approaching, basic grocery bills resemble a frantic shopping spree, and every fortnightly petrol bill leaves one gasping for air .According to NDTV Profit, after countless UPI payments, […]
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Oil prices fell to near seven-week lows on Tuesday, with Brent crude futures dropping to $79.36 due to concerns over Chinese demand.According to Investment Guru, Stock markets also showed caution ahead of central bank meetings in the U.S. and Japan, and significant corporate earnings reports. The S&P 500 stabilized after a two-week decline, with futures […]
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