Business

The Indian Rupee strengthens by 8 paise against the US dollar, reaching 81.70

On Monday, the Indian rupee rose 8 paise to 81.70 against the US dollar in early trade, tracking the weakness of the American currency in the overseas market. Forex traders mentioned that significant foreign fund inflows and crude oil prices below USD 75 a barrel also supported the local unit. The domestic unit opened strong at 81.76 against the dollar and then climbed to 81.70, marking a rise of…
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Business

Looking for a stylish AC this summer?

Hitachi Cooling & Heating India has always been at the forefront of creating innovative and effective techniques to provide world-class and modern air conditioning products to its customers. The company strives to ensure that people’s lives are comfortable by providing top-quality cooling solutions by utilizing development and production of high-end and energy efficient cooling…
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Business

World Economic Forum: Indian job market expected to experience 22% turnover within 5 years

According to a recent report by the World Economic Forum (WEF), the Indian job market is expected to witness a 22% churn over the next five years. The report also states that globally, the job market churn is estimated to be 23%, with 69 million new jobs expected to be created and 83 million jobs expected to be eliminated by 2027. The WEF’s Future of Jobs report found that almost a quarter…
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Business

Tata Steel Proposes Related Party Transactions Worth Rs 59,000 Crore, Seeks Shareholders' Approval

Tata Steel Ltd is seeking approval from its shareholders for related party transactions (RPTs) worth Rs 58,676 crore for the financial year 2024. The company has identified 14 entities, both domestic and international, that will qualify under RPT as mandated by the Securities and Exchange Board of India’s (SEBI) listing regulations. The largest share of the transactions is intended for…
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Business

5G Services Commence at Char Dham Temples by Reliance Jio

Reliance Jio, one of India’s leading telecom operators, announced the launch of its True 5G services at the Char Dham temples in Uttarakhand. The service was inaugurated at Badrinath by the Badrinath Kedarnath Temple Committee (BKTC) Chairman Ajendra Ajay on Thursday, as the doors of the temple were opened for devotees. The service is expected to provide high-speed internet access to all Jio…
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Business

Shree Radhe Dairy crosses Rs. 100 crores in turnover; projects Rs. 1000 crores by 2026

Surat, India, Shree Radhe Dairy, located in Surat, Gujarat has achieved a turnover of Rs. 100 crores for the fiscal year ended 31st March 2023 and is expected to touch the Rs. 1000 crores mark by 2026. This impressive achievement is the result of dedication and years of hard-work. The Company is focused on providing chemical & preservatives-free, high-quality and minimally processed Ghee…
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Business

Rupee trades in a limited range versus US dollar during early trading

On Tuesday, the rupee was seen trading in a limited range against the US dollar in the morning session. The American currency appeared to be weak while domestic equities showed a muted trend. Foreign fund outflows further weighed on the local unit, according to forex traders. The rupee began trading at 81.95 against the dollar at the interbank foreign exchange, and touched a high of 81.86 in the…
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Business

The bankruptcy of Silicon Valley Bank and its impact on the markets by Antonio Velardo

The banking crisis and subsequent collapse of Silicon Valley Bank presents a compelling case study that deserves analysis. Antonio Velardo tells us how SVB, one of the main lenders of venture capital funds and emerging technology companies, sank. The problem of diversification The bankruptcy of Silicon Valley Bank was partly due to the lack of diversification of its investments. Much of its…
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Business

Manish Saini - A Force to Reckon with!

Manish Saini, an eminent name in the steel business is altering the course of the enterprise in creative ways than ever done before. His approach to Manufacturing TMT bars in an ethical environment has received accolades from people of all strata’s alike. His Vision to create quality products and yet make them viable at the same time has ensured that TMT Bars brand of ‘Birla TMT Steel’ has…
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