Indonesia Can Bridge The East-West Gap, Says Businessman
One of the most prominent businessmen in Indonesia has said that Indonesia has the potential of being the bridge between the eastern axis and the western axis. Anindya Bakrie also noted that China has been investing a lot of money in Indonesia for a long time now but the South Asian country is trying to…
Vipin
Byju’s CFO Ajay Goel Quits To Join Vedanta Resources
The CFO of the biggest Ed-tech company in India, Ajay Goel has left the company after a stint of 6 months to join his former employer, Vedanta Resources. The company, Vedanta Resources is in the middle of a demerger talk which will divide the company into 6 different entities. Byju’s previous CFO PV Rao quit…
Shipra Prajapati
The New CEO Of Kotak Mahindra Bank To Replace Uday Kotak
The Succession of Kotak Mahindra Bank has been a hot topic for a long time now, but now it has been put to rest. The Reserve Bank Of India has appointed Ashok Vaswani as the new CEO of Kotak Mahindra Bank, replacing the billionaire founder Uday Kotak. Vaswani, the former Chief Digital Officer at Barclays…
Chandan Kumar
Asian News Round-Up: Top News From Asia
The continent of Asia has some of the most powerful countries in the world. Asia has also been a place where the major production of goods takes place. So it’s safe to say that there is a lot that takes place in Asia. Today we will give you 3 of the top news from Asia. …
UK-India Free Trade Agreement Yet To Be Finalised
In April of last year, Former British Prime Minister, Borris Johnson visited India where he signed a free trade agreement with India. The finalisation of the FTA (Free Trade Agreement) is taking longer than expected. The FTA was expected to be finalised by the end of October this year. According to the original deal, the…
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…
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,…
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…
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…
