TCS To Hire More Than 35,000 Freshers This Year
India’s Leading IT company, TCS’ COO has stated that the company will continue with its trend of hiring young talent in the company. He also said that the company is looking to recruit 40,000 freshers approximately. He added that there are no plans for laying off employees. This decision comes as a surprise as many…
Chandan Kumar
Akshata Murty To Earn ₹70 Crore From Dividend Income
While declaring their 2023 Q2 results, Infosys has announced that it will be paying its shareholders dividend at the price of ₹18. One of its biggest shareholders is Britain’s First Lady, Akshata Murty who is expected to earn 70 crore from the dividend income. The record date for the dividend will be 25 Oct 2023,…
Vipin
Union Cabinet Approved Royalty Rates For Rare Minerals
In an announcement made on Wednesday, the Union Cabinet approved royalty rates for some critical and strategic minerals. This decision comes after Minister of Mines, Vivek Bharadwaj announced that India will be auctioning some critical mineral mines. The royalty for Lithium, Rare Earth Elements (REE) and Niobium are 3%, 1% and 3% respectively. In August,…
India To Have 8% Share In Global Space Economy By 2033
India’s Space Economy has been growing steadily for the last few years, and India has made several significant contributions to the field of space exploration. Now, the Chairman of the Indian National Space Promotion and Authorisation Centre ( IN-SPACe), Pawan Goenka has estimated that the Indian space economy will reach more than $44 billion by…
Shipra Prajapati
Forgery Case Is Filed Against Hero MotoCorp
The biggest bike manufacturer in India, Hero MotoCorp has been sued by the Delhi Police based on a complaint by Brains Logistics. The allegations are that Hero MotoCorp fabricated fake bills worth ₹5.9 crore and obtained a tax credit of over ₹55 Lakh. The complaint has been filed against the manufacturer along with three of…
Hamas Attack Likely To Raise Safe-Haven Investments
The recent Hamas attack on Israel has created turmoil in geopolitics around the world and many sectors have been affected because of it. The attack will lead investors towards safe-haven assets like gold and U.S. Dollar. Palestinian Group Hamas Attacked Israel where they launched more than 5,000 rockets on Israel. The attack has been condemned…
Elon Musk’s Twitter Deal Under Scrutiny From The SEC
The US Securities and Exchange Commission or SEC has started investigating Elon Musk over his $44 billion Twitter deal, they want the billionaire to testify. The Agency is looking to review Elon Musk’s statements and disclosure for the stock transaction of the Twitter deal. SEC said on Thursday that they arranged a testimony for Musk…
abhinav singh
RBI Begins Quarterly MPC Meeting- Repo Rate To Remain Same
The Monetary Policy Committee or MPC is a committee within the Reserve Bank Of India that is responsible for fixing the benchmark interest rates in India. To do this, the MPC meets at least once every quarter and this quarter MPC meeting has started with the sole aim of tackling the issue of high inflation…
Yash Sharma
Oil Minister Urges OPEC To Have A Sense Of Pragmatism
Oil prices have risen a lot in the last few months, since August 2022 the OPEC and OPEC+ group of oil exporters have decreased their oil production by 5% which resulted in a 34% hike in oil prices around the world. The price of a single barrel of oil in August 2022 was $72/bbl while…
Dunzo’s One Of Four Co-Founders To Leave The Startup
On-demand grocery delivery platform Dunzo said, “one of its co-founders will leave the startup.” Mukund Jha is reportedly to exit the Dunzo, making him the second co-founder to depart within a week. Before this, Dalvir Suri left the company. It is said that this step has been taken after considering the company’s poor position in…
