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Adani stocks drop after Hindenburg accuses firm of manipulation and fraud

Adani rocketed up the Bloomberg Billionaire's Index last year past the likes of Bill Gates and Warren Buffett

Adani stocks drop after Hindenburg accuses firm of manipulation and fraud
Updated On : 25 Jan 2023 | 11:38 AM IST

Prepare now, India's population won't be a demographic dividend forever

India's average age is still around 28, compared to 38 in China or 47 in Germany. But, as we have seen with China, those numbers can change more rapidly than expected

Prepare now, India's population won't be a demographic dividend forever
Updated On : 25 Jan 2023 | 7:32 AM IST

Twitter faces more lawsuits over unpaid rent for US HQ, UK office

Twitter quit paying rent on its San Francisco headquarters in December

Twitter faces more lawsuits over unpaid rent for US HQ, UK office
Updated On : 25 Jan 2023 | 12:19 AM IST

Vodafone sells British HQ and rents part instead amid downsizing

Iqon Capital agreed to buy the total of seven buildings known as "The Connection" on behalf of Aljazira Capital

Vodafone sells British HQ and rents part instead amid downsizing
Updated On : 25 Jan 2023 | 12:04 AM IST

3M to cut 2,500 jobs as CEO Roman vows to reexamine 'everything we do'

The maker of Post-it notes, surgical supplies and touch-screen displays said Tuesday that it sees adjusted earnings for 2023

3M to cut 2,500 jobs as CEO Roman vows to reexamine 'everything we do'
Updated On : 24 Jan 2023 | 11:48 PM IST

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh

Singh had been JPMorgan's interim CEO since November, replacing Madhav Kalyan who - in October - was named head of payments for Asia Pacific

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh
Updated On : 24 Jan 2023 | 11:36 PM IST

3M plans to cut 2,500 jobs globally as outlook signals more turbulence

3M shares dropped as much as 4.7% before the start of regular trading in New York

3M plans to cut 2,500 jobs globally as outlook signals more turbulence
Updated On : 24 Jan 2023 | 7:55 PM IST

India bluechips to shift to world's fastest settlement cycle T+1 this week

Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process

India bluechips to shift to world's fastest settlement cycle T+1 this week
Updated On : 24 Jan 2023 | 8:23 AM IST

Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues

Google has said it would eliminate about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring

Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues
Updated On : 24 Jan 2023 | 7:08 AM IST

'Greatest ever': Citadel made nearly $16 billion for clients in 2022

The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds

'Greatest ever': Citadel made nearly $16 billion for clients in 2022
Updated On : 23 Jan 2023 | 11:51 PM IST

Pakistan's State Bank raises key rate by 100 basis points as crisis mounts

State Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis points

Pakistan's State Bank raises key rate by 100 basis points as crisis mounts
Updated On : 23 Jan 2023 | 5:27 PM IST

Automakers focus on low-cost battery powered SUVs in budding EV market

Homegrown manufacturers Tata Motors Ltd. and Mahindra & Mahindra Ltd. are now jostling with Chinese giants BYD Co. and SAIC Motor Corp

Automakers focus on low-cost battery powered SUVs in budding EV market
Updated On : 23 Jan 2023 | 3:25 PM IST

As world economy looks beyond China, India steps up as a new powerhouse

As powerhouses from China to Germany contend with slowing growth, the stakes are rising to find another nation equipped to propel the global economy

As world economy looks beyond China, India steps up as a new powerhouse
Updated On : 23 Jan 2023 | 7:16 AM IST

US-India relations not a Bollywood movie, need more than just photo-ops

A new survey shows that Indians view the US as the biggest military threat to their country after China - and, even more shocking, put it ahead of Pakistan

US-India relations not a Bollywood movie, need more than just photo-ops
Updated On : 23 Jan 2023 | 7:12 AM IST

Covid-19 pandemic: China reports more than 12,600 deaths in a week

There were 12,658 Covid-linked deaths at hospitals between January 13-19, the Chinese Center for Disease Control and Prevention said in a statement

Covid-19 pandemic: China reports more than 12,600 deaths in a week
Updated On : 22 Jan 2023 | 10:15 PM IST

Ugly truth of layoffs: Firms invest huge resources to rebuild workforce

'Understaffing isn't always a result of management short-sightedness'

Ugly truth of layoffs: Firms invest huge resources to rebuild workforce
Updated On : 22 Jan 2023 | 8:10 PM IST

Signature Bank pulls back from crypto transactions below $100,000: Binance

The shift comes after the Federal Deposit Insurance Corporation warned of crypto-asset risks

Signature Bank pulls back from crypto transactions below $100,000: Binance
Updated On : 22 Jan 2023 | 6:46 AM IST

Singapore's Zilingo to enter liquidation after crisis at fashion start-up

Zilingo had been one of the highest-profile startups to emerge from Singapore

Singapore's Zilingo to enter liquidation after crisis at fashion start-up
Updated On : 21 Jan 2023 | 12:03 AM IST

Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce

'Thank you for working so hard', says Google after cutting 12,000 jobs

Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce
Updated On : 20 Jan 2023 | 11:45 PM IST

Google cuts add to tech wipeout that has claimed over 100,000 jobs

Big tech companies benefitted from boom in e-commerce sector that kicked off during Covid lockdowns in 2020 but now they are reporting declining growth rates as customer behavior returns to normal

Google cuts add to tech wipeout that has claimed over 100,000 jobs
Updated On : 20 Jan 2023 | 11:44 PM IST