Articles for tag: Acquiring, Considers, Deal, Decline, Drastic, Efforts, Intel, Intels, Landmark, Market, Potential, Qualcomm, Sparking, Struggling, Turnaround

Market News

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

Market News

Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...

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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

FDI Surge Masks Decline in Delhi and Rajasthan: A Mixed Outlook

FDI Surge Masks Decline in Delhi and Rajasthan: A Mixed Outlook

Foreign direct investment (FDI) in India surged by 47.8% to reach $16.17 billion in the first quarter of the fiscal year, driven by strong inflows in sectors like services, telecommunications, and pharmaceuticals. This marks a significant increase from $10.94 billion during the same period last year. Notably, Maharashtra attracted the most FDI at $8.48 billion, ...

Market News

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki India Limited (MSIL) has announced price cuts for specific variants of its popular mini cars, the Alto K10 and S-Presso, in response to declining sales. Effective from September 2, the prices have been reduced by up to Rs 6,500. In August, the company sold only 10,648 units of these models, marking a 12.8% ...

JSW Steel Q4 Results: Current Affairs Question and Answers on ₹7.30 dividend declaration and 65% net profit decline

Today’s Current Affairs: JSW Steel Reports 64.66% Dip in Net Profit for Q4 JSW Steel Ltd, a major player in the steel industry, reported a significant 64.66% year-on-year dip in net profit for the fourth quarter that ended in March 2024. The company’s revenue from operations also saw a decline, falling by 1.5% compared to ...

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