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Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers: Report

Dec 8, 2023

New Delhi, Dec 8 (IANS) The Tata Group is planning to build one of India's largest iPhone assembly plants in Tamil Nadu's Hosur, media reports said on Friday. According to the reports, the facility is expected to feature around 20 assembly lines and employ 50,000 workers within two years. The site is expected to be operational within 12 to 18…

Nifty logs longest weekly gaining streak in 3 years

Dec 8, 2023

Mumbai, Dec 8 (IANS) Nifty rose for the sixth straight week on Friday, up 3.46 per cent - the largest gain since July 2022. In the process, Nifty logged the longest weekly gaining streak in three years, said Deepak Jasani, Head of Retail…

Business

Wipro’s chief growth officer Stephanie Trautman steps down

Dec 8, 2023

New Delhi, Dec 8 (IANS) IT major Wipro on Friday announced that its Chief Growth Officer Stephanie Trautman will step down from her role, effective December 31.Based in the US, Trautman led Wipro’s relationships with hyper-growth partners,…

Business

Infra projects worth Rs 15K cr taken up at high-level meet under PM Gati Shakti

Dec 8, 2023

New Delhi, Dec 8 (IANS) A high-level Network Planning Group (NPG) meeting under PM Gati Shakti national master plan took up four infrastructure projects worth Rs 15,000 crore for discussion on Thursday. These included two railway line…

Business

Monetary Policy Review Dec 2023: No action, none needed

Dec 8, 2023

New Delhi, Dec 8 (IANS) The Monetary Policy Review (MPC) kept repo rate and stance unchanged in the policy review as was widely expected. Unlike recent previous policy reviews, and much to the relief of the market, there was lesser to read…

Business

Amazon testing $9.99 monthly grocery subscription for Prime members

Dec 8, 2023

San Francisco, Dec 8 (IANS) Amazon has announced that it's testing a new subscription model for unlimited grocery delivery for Prime members in three cities of the US.For an additional monthly charge of $9.99, Prime members in Denver,…

Business

PM Modi throws open Uttarakhand Global Investors Summit

Dec 8, 2023

New Delhi, Dec 8 (IANS) Prime Minister Narendra Modi on Friday inaugurated 'Uttarakhand Global Investors Summit 2023' being held at Forest Research Institute in Dehradun.Addressing the gathering which included prominent industrialists, the…

Business

Global investors, Central Bank heads, regulators express confidence in India’s growth story: RBI…

Dec 8, 2023

Chennai, Dec 8 (IANS) Global investors and Governors of various central banks and other regulators are showing greater confidence in the potential of Indian economic growth and the country’s capacity to grow, said Shaktikanta Das, Governor,…

Business

India tech startups see lowest funding in 5 years, just 2 unicorns in 2023

Dec 8, 2023

Bengaluru, Dec 8 (IANS) Funding in India's tech startup ecosystem in 2023 has been the lowest in the last five years, dropping India's global ranking from 4th to 5th place, a new report showed on Friday.The year received $7 billion in total…

Business

Over 10 mn people signed up for X in Dec: CEO Linda Yaccarino

Dec 8, 2023

San Francisco, Dec 8 (IANS) Elon Musk-run X CEO Linda Yaccarino has said that over 10 million people have signed up for X so far in December."More than 10 million people have signed up for X so far this December!" she posted on Thursday.…

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