The AI-Driven Layoff At Amazon: How Will it Affect E-Commerce Giant’s India Personnel?

Amid Amazon’s global layoff call, which is expected to affect 14,000 company personnel, its India operations could face around 800-1000 job cuts.The US-based e-commerce giant’s layoff announcement comes at a time when the company is embracing a higher rate of AI adoption.The Amaz Read More

MTR-Parent Orkla India IPO Launches: Check Price Band, GMP And Expected Listing Gain

Orkla India Limited, the entity behind popular Indian culinary names such as MTR, Eastern Condiments and Rasoi Magic, is entering the public markets through a Rs 1,667.54 crore book-built issue that consists solely of an offer for sale (OFS).Covering everything from morning meals Read More

Nvidia’s $1 Billion Investment Re-establishes Nokia, Fuels Next-Gen AI & 6G Development

Nvidia is paying $1 billion to own 2.9% of Nokia. The Finnish company announced this on Tuesday. Nokia’s stock price jumped to its highest point in nearly 10 years. The two companies will work together on AI and networking tools.Nokia said the companies will collaborate on artifi Read More

‘Aiming To Reach An Agreement By End Of Year’: EU Ambassador Hails Positive Momentum In India-EU FTA Talks

European Union’s Ambassador to India, Herve Delphin hailed the progress made in the India-EU FTA talks held in Brussels and said that they aimed to reach an agreement by the end of the year.Ambassador Delphin said, “Positive momentum in India-EU FTA Talks in Brussels. Substantial Read More

APEC CEO Summit: Trump Says Have Great Respect For PM Modi, ‘Going To Do A Trade Deal With India’

At the APEC CEO Summit in South Korea, US President Donald Trump said he has great respect for Prime Minister Narendra Modi, while emphasizing on inking a trade pact with India. Addressing a gathering of Asia-Pacific leaders and CEOs today, Trump praised PM Modi with “the nicest Read More

APEC CEO Summit: US President Donald Trump On Rising Wages, Falling Energy Prices, & ‘Jerome Too Late Powell’ Remark

At the APEC CEO Summit in South Korea, US President Donald Trump spoke on falling energy prices, rising wages, while taking a dig at US Fed Chair with the “Jerome Too Late Powell” remark. “He’s out in a few months, we’ll be very happy,” he said while addressing a gathering of Asi Read More

Helmet Giant, Studds Accessories IPO: Price Band, GMP Today And Key Dates For Investors

Studds Accessories Limited, a prominent name in the two-wheeler helmet and accessories segment since its inception in 1975 and commencing full-scale operations in 1983, is entering the public markets.The Faridabad-based manufacturer, known for its “Studds” and “SMK” helmet brands Read More

Gold Prices Steadies Ahead Of Fed Verdict; Trade Optimism Limits Upside

Gold prices inched higher on Wednesday, ahead of a widely expected interest rate cut from the Federal Reserve, although easing U.S.-China trade tensions kept bullion strength in check.Spot gold was up 0.2% at $3,957.42 per ounce, as of 0257 GMT, after dropping to its lowest point Read More

Helmet Giant, Studds Accessories IPO: Price Band, GMP Today And Key Dates for Investors

The Faridabad-based manufacturer, Studds Accessories Limited, known for its “Studds” and “SMK” helmet brands, is launching an IPO that’s entirely an offer for sale of 0.78 crore shares, allowing existing shareholders to offload stakes worth Rs 455.49 crores.Studds Accessories IPO Read More

Stock Market Today: Sensex Rallies 0.03%, Nifty50 Surges 0.18% Amid US Fed Rate Cut Expectations

The Indian stock market benchmark bourses Sensex and Nifty 50 opened higher in trade on Wednesday, October 29, amid a rally in Asian markets led by Japan’s Nikkei ahead of the US Federal Reserve rate cut expected to be announced today.The BSE Sensex rallied 0.03% to hit 84654.40, Read More