Month: August 2024
Over 700 Intel employees in this region may face compulsory layoffs
Intel employees in Ireland face potential compulsory layoffs as the voluntary severance program concludes. Decisions on these applications depend on business priorities, and the company […]
‘Forced me to strip, took nude photographs’: Malayalam director Ranjith faces new case
The SIT investigating sexual abuse allegations in the Malayalam film industry recorded a Kozhikode native’s statement, accusing director Ranjith of abusing him at a Bengaluru […]
BCCI set to review two-bouncer and Impact Player rules
BCCI is reviewing the two-bouncer and Impact Player rules before the Syed Mushtaq Ali Trophy, potentially impacting the IPL. The rules generated mixed reactions within […]
Gujarat floods: IMD predicts ‘heavy to very heavy rain’, issues orange alert
Gujarat is set to face another weather system from the Bay of Bengal, with heavy to very heavy rain expected from September 1 onwards. IMD […]
Nifty rallies for 12th day – its longest winning run ever
Sensex and Nifty reached new highs on Friday, driven by positive feedback from global ratings firms about the Indian economy. Buying by India-focused funds after […]
BPCL mulls major expansion, sees energy demand quadruple by 2047
Bharat Petroleum will set up a new refinery and invest Rs 1.7 lakh crore to expand existing capacity, launch petrochemicals, gas, and new energy ventures. […]
Piyush Goyal asks fintechs to make GIFT foray
Commerce minister Piyush Goyal has urged fintech companies to explore setting up in Gujarat’s GIFT City due to tax breaks available until March 2025. At […]
SBI chief C S Setty sees signs of private capex growth
SBI chairman C S Setty reported robust private capital expenditure as corporates utilize the bank’s Rs 4-lakh-crore sanctioned credit pipeline. He revealed a 15-16% corporate […]
Adani buys 80% in Astro Offshore
Adani Ports plans to purchase an 80% stake in Astro Offshore for $185 million, aiming to become a leading global marine operator. Founded in 2009, […]