Centre launches IT hardware PLI 2.0 with Rs 17,000 cr outlay

Centre approves updated PLI scheme for IT hardware, doubling outlay to Rs 17,000 crore, boosting manufacturing, investme...
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May 17, 2023

Musk hits at George Soros after he sells his entire Tesla st...

George Soros sold his entire stake in Tesla, Elon Musk has slammed the investor, saying he wants to erode the very fabri...
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May 17, 2023

IBM confirms acquiring Polar Security “for an undisclo...

Software giant IBM has acquired automated cloud data security and compliance provider Polar Security for an undisclosed ...
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May 17, 2023

MakeMyTrip logs highest-ever operating profit $70.3 mn in FY...

MakeMyTrip on Tuesday said the gross bookings for fiscal year FY23 grew by 122 per cent (year-on-year) to reach $6.6 bil...
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May 17, 2023

Vodafone to slash 11K jobs in 3 years to regain competitiven...

Vodafone said it plans to reduce 11,000 jobs over the next three years, with an aim to “simplify” both headq...
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May 16, 2023

US Fiscal Crises and the Debt Ceiling: Lessons from History

History and consequences of US Fiscal crises , debt ceiling challenges, government shutdowns, and their impact on econom...
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May 16, 2023

Yellen reiterates US could default on debt by early June

US Treasury Secretary Janet Yellen reiterated that the country could default on its debt obligations as early as June 1....
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May 16, 2023

Europe okays Activision Blizzard acquisition by Microsoft

The European Commission approved, under the EU Merger Regulation, the proposed acquisition of gaming giant Activision Bl...
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May 16, 2023

LG Electronics’ TV factory runs at 75% capacity amid s...

LG Electronics ran its TV manufacturing plant at around 75 per cent in the first quarter, the company said on Monday. ...
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May 15, 2023

Stack Overflow lays off 10% employees, CEO says ‘weigh...

Stack Overflow, a question and answer website for programmers, has laid off 10 per cent of its workforce, or 58 employee...
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May 15, 2023

Overall 5G connections to grow to 3.2 bn in Asia-Pacific in ...

5G connections in the Asia-Pacific region, both mobile subscriber and IoT connections, will grow from 574 million in 202...
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May 15, 2023
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