Articles for category: Business

Market News

Tim Walz supports protesters against U.S. backing for Israel in Gaza, advocating for Palestinian rights amidst rising tensions and hostage crises.

Tim Walz supports protesters against U.S. backing for Israel in Gaza, advocating for Palestinian rights amidst rising tensions and hostage crises.

Tim Walz, the vice presidential candidate, recently expressed support for those protesting U.S. backing of Israel’s war against Hamas. During an interview in Michigan, a key swing state with a significant Muslim American population, he acknowledged the rights of Palestinians while condemning the violence of the October 7 Hamas attack. Walz emphasized the importance of ...

Market News

RSS chief Mohan Bhagwat’s comments spark political drama, suggesting tensions between Modi and the Sangh, as Congress predicts the government’s decline.

RSS chief Mohan Bhagwat’s comments spark political drama, suggesting tensions between Modi and the Sangh, as Congress predicts the government’s decline.

RSS chief Mohan Bhagwat recently made headlines with his remarks suggesting that the people will ultimately decide the worth of leaders, including Prime Minister Narendra Modi. Congress leader Jairam Ramesh seized this opportunity to criticize the ruling BJP, claiming that Modi’s relationship with the RSS has deteriorated since the recent Lok Sabha election results. Ramesh ...

Market News

Byju’s faces a 1 million tax claim amid .5 billion in creditor disputes, sparking turmoil for its thousands of employees.

Byju’s faces a $101 million tax claim amid $1.5 billion in creditor disputes, sparking turmoil for its thousands of employees.

Byju’s, once India’s leading ed-tech startup, is facing severe financial challenges, with Indian tax authorities claiming $101 million in dues as it enters insolvency. Valued at $22 billion in 2022, the company’s fortunes have plummeted due to regulatory issues and a dispute with U.S. lenders over $1 billion in unpaid debts. A court-appointed resolution professional ...

Market News

Bina Modi defends closing retail brand 24Seven amid family tensions, as Godfrey Phillips shifts focus amid boardroom drama.

Bina Modi defends closing retail brand 24Seven amid family tensions, as Godfrey Phillips shifts focus amid boardroom drama.

Godfrey Phillips India Ltd Chairperson, Bina Modi, recently defended the decision to close the retail division ’24Seven’, originally created by her son, Samir Modi. During the company’s annual general meeting, she emphasized the move’s alignment with the strategy of focusing on core business strengths. Earlier, a court lifted an injunction that had temporarily blocked this ...

Market News

Congress accuses SEBI chairperson Madhabi Puri Buch of conflict of interest amid insider trading investigations, sparking controversy and protests.

Congress accuses SEBI chairperson Madhabi Puri Buch of conflict of interest amid insider trading investigations, sparking controversy and protests.

The Congress party has accused Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), of potential conflict of interest. They claim she earned Rs 2.16 crore in rental income from Carol Info Services, linked to Wockhardt, while overseeing investigations into the company for insider trading violations. The opposition raised concerns ...

Market News

Hyundai launches new EXTER variants amid declining sales, featuring advanced tech and safety upgrades to regain market attention.

Hyundai launches new EXTER variants amid declining sales, featuring advanced tech and safety upgrades to regain market attention.

Hyundai Motor India has introduced two new variants of its popular entry-level SUV, EXTER. The S(O)+ variant, featuring manual transmission, is priced at Rs 786,300, while the S+ variant boasts an automated manual transmission (AMT) and costs Rs 8,43,900. Both models come loaded with exciting features, including a smart electric sunroof, a digital cluster with ...

Market News

Adani and Tower Semiconductor’s  billion investment in Maharashtra signals India’s ambitious push to dominate the semiconductor market.

Adani and Tower Semiconductor’s $10 billion investment in Maharashtra signals India’s ambitious push to dominate the semiconductor market.

Israel’s Tower Semiconductor and India’s Adani Group are set to invest $10 billion (approximately 839.47 billion rupees) in a new semiconductor project in Maharashtra. This initiative aligns with Prime Minister Narendra Modi’s vision to establish India as a global chip-making hub, despite facing challenges including Foxconn’s withdrawal from a previous joint venture. The new plant ...

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