BUSINESS
US car giant Ford recalls 125,000 vehicles over engine failures that can cause fires
June 7, 2023
US car giant Ford recalls 125,000 vehicles over engine failures that can cause fires
Ford Motor Co said on Tuesday it is expanding and issuing a new recall for 125,000 sport utility vehicles and…
Rs 1462 crore firm on the verge of collapse, founder Rahul Yadav lived life of luxury as employees went unpaid
June 6, 2023
Rs 1462 crore firm on the verge of collapse, founder Rahul Yadav lived life of luxury as employees went unpaid
In another stunning case of business failure, the lead investor in Rahul Yadav’s new startup saw Rs 280 crore “vanish”.…
Saudi Arabia slashes oil production and threatens to do ‘whatever is necessary’ to boost prices
June 5, 2023
Saudi Arabia slashes oil production and threatens to do ‘whatever is necessary’ to boost prices
Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged…
Mukesh Ambani firm invested Rs 50 crore in EV firm, it will be valued at Rs 2895 crore if…
June 3, 2023
Mukesh Ambani firm invested Rs 50 crore in EV firm, it will be valued at Rs 2895 crore if…
Altigreen Propulsion Labs Pvt Ltd, a company backed by Mukesh Ambani’s Reliance, is mulling raising Rs 700 crore. The company…
Anger as Amazon avoids millions of pounds of corporation tax thanks to Rishi Sunak scheme
June 2, 2023
Anger as Amazon avoids millions of pounds of corporation tax thanks to Rishi Sunak scheme
Critics have lashed out after it emerged Amazon’s main UK division paid no corporation tax for the second year in…
New Trouble For Adani As Deloitte Agrees With Some Of Hindenburg’s Claims Against The Conglomerate
June 2, 2023
New Trouble For Adani As Deloitte Agrees With Some Of Hindenburg’s Claims Against The Conglomerate
At a time when Adani Group shares are enjoying a green phase after bleeding heavily in the first quarter of the year…
Dollar set for third week of gains as US debt talks loom large
May 27, 2023
Dollar set for third week of gains as US debt talks loom large
The dollar eased on Friday but remained on track for a third straight weekly gain, as markets raised bets on…
Wipro top brass take pay cut, Premji’s salary halves
May 27, 2023
Wipro top brass take pay cut, Premji’s salary halves
Wipro’s modest performance last year has resulted in a big pay cut for chairman Rishad Premji. According to the company’s…
Mukesh Ambani, Isha Ambani firm sacks 1000 workers after spending Rs 2850 crore, here’s what happened
May 25, 2023
Mukesh Ambani, Isha Ambani firm sacks 1000 workers after spending Rs 2850 crore, here’s what happened
Jiomart, Mukesh Ambani’s wholesale online platform, has laid off 1000 employees days after it acquired Metro Cash and Carry. This…
Adani Enterprises shares surge by over 46 pc in five days
May 23, 2023
Adani Enterprises shares surge by over 46 pc in five days
The value of Adani Enterprises Ltd shares increased from Rs 1886 on May 17 to Rs 2759 today Adani Group…