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Tag: business

  • Rupee Vs Dollar: Rupee Falls Against US Dollar In Early Trade After US Fed Hikes Rates

    Rupee fell against US Dollar in early trade on Thursday soon after US Federal hiked rates by 75 basis points for the 4th straight meeting. According to Bloomberg, rupee opened 0.12% down at 82.88 against US Dollar, falling nearly 10Rupee fell against US Dollar in early trade on Thursday soon after US Federal hiked rates by 75 basis points for the 4th straight meeting. According to Bloomberg, rupee opened 0.12% down at 82.88 against US Dollar, falling nearly 10

  • Bikaji Foods Raises Rs 262 Cr, From Anchor Investors

    Manufacturer of snacks and sweets Bikaji Foods International Ltd has mobilised Rs 262 crore from anchor investors. The company’s initial share-sale is open for public subscription from Thursday and will conclude on November 7. The firm has decided to allocate 87.37Manufacturer of snacks and sweets Bikaji Foods International Ltd has mobilised Rs 262 crore from anchor investors. The company’s initial share-sale is open for public subscription from Thursday and will conclude on November 7. The firm has decided to allocate 87.37

  • Twitter ‘Simply The Most Interesting Place, On Internet’: Elon Musk

    Twitter’s new owner billionaire Elon Musk has said that his social media platform is “simply the most interesting place on the Internet”, amidst outrage over his plan to charge a monthly fee of USD 8 per month for Twitter’s blue tickTwitter’s new owner billionaire Elon Musk has said that his social media platform is “simply the most interesting place on the Internet”, amidst outrage over his plan to charge a monthly fee of USD 8 per month for Twitter’s blue tick

  • Covid And Ukraine War, Demand Revisiting Regional Manufacturing Hubs Such As S Africa

    The experience of the Covid-19 pandemic and the Russia-Ukraine conflict has reemphasised the need to regionalise manufacturing hubs and supply chains, a South African official has said. Yunus Hoosen, Head of Investment South Africa at the Department of Trade, Industry, andThe experience of the Covid-19 pandemic and the Russia-Ukraine conflict has reemphasised the need to regionalise manufacturing hubs and supply chains, a South African official has said. Yunus Hoosen, Head of Investment South Africa at the Department of Trade, Industry, and

  • GIC, ESR To Set Up USD 600 Mln-Fund, To Invest In Industrial, Logistics Assets In India

    Singapore’s sovereign wealth fund GIC and ESR Group Ltd have formed a joint venture to set up a USD 600 million-fund to acquire logistics and industrial assets in India. On Thursday, GIC and ESR announced an 80:20 strategic partnership to establishSingapore’s sovereign wealth fund GIC and ESR Group Ltd have formed a joint venture to set up a USD 600 million-fund to acquire logistics and industrial assets in India. On Thursday, GIC and ESR announced an 80:20 strategic partnership to establish

  • Biden Spending USD 4.5 Billion, To Help Lower Home Heating Costs

    The Biden administration said on Wednesday it is making USD 4.5 billion available through a low-income home energy assistance programme to help with heating costs heading into what is expected to be a brutal winter. Spending for the programme is significantlyThe Biden administration said on Wednesday it is making USD 4.5 billion available through a low-income home energy assistance programme to help with heating costs heading into what is expected to be a brutal winter. Spending for the programme is significantly

  • Adani Group, To Invest Rs 1 Lakh Crore In Karnataka Over 7 Years

    The Adani Group has plans to invest almost Rs 1 lakh crore over the next seven years in Karnataka as it seeks to expand its footprint in multiple sectors, Adani Ports and SEZ Limited CEO Karan Gautam Adani said on Wednesday.The Adani Group has plans to invest almost Rs 1 lakh crore over the next seven years in Karnataka as it seeks to expand its footprint in multiple sectors, Adani Ports and SEZ Limited CEO Karan Gautam Adani said on Wednesday.

  • RBI Avoided Premature, Tightening To Prevent Complete Downward Turn Of Economy: Das

    Amid flak faced by the RBI for missing inflation target, Governor Shaktikanta Das on Wednesday defended its policies saying the economy would have taken a “complete downward turn” if it had started to tighten rates earlier. Das said the Indian economyAmid flak faced by the RBI for missing inflation target, Governor Shaktikanta Das on Wednesday defended its policies saying the economy would have taken a “complete downward turn” if it had started to tighten rates earlier. Das said the Indian economy

  • NPCI CEO Pitches UPI Autopay After Musk Insists, On USD 8 Fee For Blue Ticks

    Even as a debate rages about Twitter’s decision to charge users for ‘blue ticks’, the NPCI has pitched its UPI autopay offering to take care of the monthly payments. National Payments Corporation of India (NPCI) managing director and chief executive DilipEven as a debate rages about Twitter’s decision to charge users for ‘blue ticks’, the NPCI has pitched its UPI autopay offering to take care of the monthly payments. National Payments Corporation of India (NPCI) managing director and chief executive Dilip

  • Twitter’s Blue Tick, On Sale For USD 8 Per Month, Says New Boss Elon Musk; Faces Backlash

    Twitter’s new owner billionaire Elon Musk has announced that the verification blue tick in front of a user’s name that authenticates the account will be charged eight dollars per month, prompting outrage and disbelief among some longtime users. Musk, the world’sTwitter’s new owner billionaire Elon Musk has announced that the verification blue tick in front of a user’s name that authenticates the account will be charged eight dollars per month, prompting outrage and disbelief among some longtime users. Musk, the world’s