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Michaung effect: Skyrocketing price of eggs in Kolkata’s retail markets

Dec 18, 2023

Kolkata, Dec 18 (IANS) In the last few days, the price of eggs in the retail markets of Kolkata has skyrocketed in an unprecedented manner reportedly because of the cyclone Michaung effect affecting supply to West Bengal from Telangana and Andhra Pradesh. On an average, the price of one egg is Rs 7.50 in most of the retail markets in Kolkata and in…

Accenture unveils generative AI studio in India to boost data, AI adoption

Dec 18, 2023

Bengaluru, Dec 18 (IANS) Global IT services firm Accenture on Monday launched a generative AI Studio in India to accelerate the adoption of data and artificial intelligence (AI).With the studio, part of Accenture’s $3 billion investment in…

Business

FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks

Dec 18, 2023

New Delhi, Dec 18 (IANS) FIIs, who have made a 'U' turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V K Vijayakumar, Chief Investment Strategist at…

Business

Recession fears hit IT sector, Infosys, major players announce drastic cuts in pay hikes, promotions

Dec 18, 2023

Bengaluru, Dec 17 (IANS) Amid gloom against the backdrop of fears of a global recession, major IT players in Bengaluru have enforced steep cuts in yearly hikes and promotions for staffers. Bengaluru-based tech giant Infosys has given its…

Business

Zee asks Sony to extend deadline for merger

Dec 18, 2023

New Delhi, Dec 17 (IANS) Zee Entertainment has asked Culver Max Entertainment, formerly known as Sony Pictures Network India, to extend the date required to make the merger scheme effective.The deadline for the merger is December…

Business

Steel magnate Sajjan Jindal rubbishes ‘rape’ allegations by Mumbai doctor

Dec 18, 2023

Mumbai, Dec 17 (IANS) Steel baron Sajjan Jindal on Sunday denied the allegations of 'rape' hurled by a woman doctor from Mumbai that sparked a sensation in corporate and political circles.A brief statement late this evening said: "Mr.…

Business

Parl panel to hold discussions with 4 public sector banks, insurance firms in Jan

Dec 17, 2023

New Delhi, Dec 17 (IANS) A Parliamentary committee is scheduled to hold discussions next month with four public sector banks under banking laws which apart from other clauses also deal with mergers and acquisitions, an official…

Business

NBRI in Lucknow opens Parijat Lab to make perfumes

Dec 17, 2023

Lucknow, Dec 17 (IANS) The National Botanical Research Institute (NBRI) has opened a lab, Parijat Lab, dedicated to exclusive research and development of natural ingredient-based perfumes.Ajit Kumar Shasany, director, CSIR-NBRI, said,…

Business

NPCIL’s 2nd 700 MW unit at Kakrapar begins fission process

Dec 17, 2023

Chennai, Dec 17 (IANS) India's atomic power plant operator, the Nuclear Power Corporation of India Ltd (NPCIL) said its second 700 MW unit at Kakrapar Atomic Power Project (KAPP) in Gujarat attained criticality – start of controlled fission…

Business

Musk assured bankers they won’t lose money on loans for Twitter acquisition: Report

Dec 17, 2023

San Francisco, Dec 17 (IANS) Tesla and SpaceX CEO Elon Musk reportedly told bankers after taking $13 billion in loan to fund his Twitter acquisition last year that they will not lose any money on the deal.Despite his assurances, reports the…

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