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DLF Luxury Shopping Festival 2023 – Step into the world of Luxury:The unrivalled premium shopping experience

DLF Luxury Shopping Festival 2023 – Step into the world of Luxury:The unrivalled premium shopping experience

26 May 2023 11:51 AM IST

DLF Luxury Malls is excited to announce the return of the annual Luxury Shopping Festival, which will take place from May 25th to June 9th, 2023 at DLF Emporio & The Chanakya.  At the heart of the festival lies the spirit of shopper’s delight, as DLF Luxury Malls strives to
Aditya Birla Capital launches One Verse to provide customers with an immersive and interactive Metaverse experience

Aditya Birla Capital launches One Verse to provide customers with an immersive and interactive Metaverse experience

26 May 2023 10:59 AM IST

Aditya Birla Capital, the Aditya Birla Group’s financial services arm, announced the launch of One Verse, a Virtual Lounge in the Metaverse, to provide its customers with an immersive and interactive experience of the vast offerings of its PIFA solutions (Protection, Investing, Financing, and Advising).Its protection offerings include insurance solutions
Indian stock indices remain predominantly steady on Wednesday

Indian stock indices remain predominantly steady on Wednesday

24 May 2023 11:32 AM IST

As the US debt ceiling crisis continues to have an impact on global markets, Indian stock market indices mostly traded steady on Wednesday morning.Benchmark indices Sensex and Nifty rose a mere 0.1 per each when writing this report. “Since failure to reach a resolution (regarding the debt ceiling in the
SEBI overturned investment by non-transparent funds

SEBI overturned investment by non-transparent funds

24 May 2023 07:04 AM IST

The Congress alleged that a rule prohibiting investment by opaque funds was done away with by SEBI on “weak grounds” and said the market regulator cannot run with the hares by diluting reporting requirements and hunt with the hounds by pretending to identify beneficial ownership in opaque tax havens. The
Four grounded aircraft to return to the fold: SpiceJet Chairman on airline anniversary

Four grounded aircraft to return to the fold: SpiceJet Chairman on airline anniversary

23 May 2023 15:57 PM IST

Budget airline SpiceJet will soon be reviving several of its grounded aircraft, chairman Ajay Singh said on Tuesday as the carrier marked its 18th anniversary. Two Boeing 737s and two Bombardier Q400s are slated to return to service by 15 June and more aircraft will begin operations in the weeks
JioMart layoffs:Over 1,000 employees, including 500 executives were asked to resign, says report

JioMart layoffs:Over 1,000 employees, including 500 executives were asked to resign, says report

23 May 2023 12:08 PM IST

In an effort to streamline operations after buying Metro Cash & Carry, JioMart is said to have fired around 1,000 workers. Reliance Industries’ online wholesale division intends to adopt a wider cost-cutting plan in the upcoming weeks that involves a two-thirds staff reduction in its wholesale division. After JioMart started
Adani stocks continue to shine as the majority of them hit upper circuits on relief from SC panels

Adani stocks continue to shine as the majority of them hit upper circuits on relief from SC panels

23 May 2023 11:18 AM IST

The majority of the Adani firm equities reached its upper circuit levels in early trade on Tuesday (May 23), as sentiment towards the firm’s stocks remained positive in the wake of the group receiving a clean bill of health from the Supreme Court (SC) bench. The Securities and Exchange Board
Sensex rises 156 points in morning trading, closing in on the 62k milestone

Sensex rises 156 points in morning trading, closing in on the 62k milestone

22 May 2023 10:31 AM IST

On Monday morning, key domestic equity market indices rose as investors bought IT stocks, bucking the weak global indications that were pervasive at the time. In the first hour of trading on Monday, the BSE 30-share Sensex rose 156 points to 61,909.79 and the NSE Nifty 50 climbed 69 points
Our restaurant NPS has improved by over 100%, says Swiggy’s CEO Majety

Our restaurant NPS has improved by over 100%, says Swiggy’s CEO Majety

18 May 2023 16:00 PM IST

Swiggy, a homegrown food aggregator, became profitable in March, paving the way for food tech platforms that have long struggled with high operating costs to turn a profit. Sriharsha Majety, Swiggy’s CEO and Founder, stated in a blog post on Thursday that the company’s sharp focus on innovation, combined with
AWS to invest $12.7 billion in Indian Cloud Infrastructure, plans to create over 130,000 jobs

AWS to invest $12.7 billion in Indian Cloud Infrastructure, plans to create over 130,000 jobs

18 May 2023 15:12 PM IST

Amazon Web Services (AWS), Amazon’s cloud computing division, has announced plans to invest USD 12.7 billion in cloud infrastructure in India by 2030. The goal is to meet the country’s growing demand for cloud services. According to AWS, this investment in data center infrastructure will support an estimated 131,700 full-time
Union Cabinet approves Production-Linked Incentive Scheme for IT Hardware

Union Cabinet approves Production-Linked Incentive Scheme for IT Hardware

17 May 2023 16:56 PM IST

The Union Cabinet on Wednesday approved the Production Linked Incentive (PLI) Scheme for IT Hardware with the aim to attract investments and promote the capacity and capability of Indian companies. The budgetary outlay of the PLI scheme is Rs 17,000 crores for a period of six years. “Under the focused
SC grants 3-month extension to SEBI to conduct inquiry into Hindenburg report against Adani Group

SC grants 3-month extension to SEBI to conduct inquiry into Hindenburg report against Adani Group

17 May 2023 15:46 PM IST

The Supreme Court on Wednesday granted an extension of time for three months to the Securities and Exchange Board of India (SEBI) to conduct a probe into the Hindenburg report against Adani Group. A bench led by the Chief Justice of India (CJI) DY Chandrachud and also comprising Justices PS
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