News

India’s Equity Market Cap Touches $4 Trillion Mark

India’s Equity Market Cap Touches $4 Trillion Mark

A few weeks ago we heard that that India will soon cross the $4 trillion mark, and now that news has come to fruition. Indian Equity market cap has finally reached the $4 trillion mark. The total market cap of all the stocks listed on the  BSE hit an all-time high figure of ₹ 333…

India All Set To Become New Growth Engine, Not China: S&P

India All Set To Become New Growth Engine, Not China: S&P

Asia has been going through some significant changes in the last few years; one of the major changes happening is the shifting of the global manufacturing hub from China to India. Many companies, including giants like Apple and Tesla, are also looking to establish manufacturing units in India. Apple has even started pumping out its…

US Chips Act Threatens To Dismantle Asian Chip Industry

US Chips Act Threatens To Dismantle Asian Chip Industry

In this day and age, technology is at the forefront of things. In order to keep manufacturing new tech, we need more semiconductor chips which are made by Asian countries. Now, the US has passed a bill to promote semiconductor manufacturing in America.  Today, 70% of semiconductors manufactured globally are from Asia. The US plans…

Citigroup Cuts 300 Manager Roles To Reorganise The Firm

Citigroup Cuts 300 Manager Roles To Reorganise The Firm

The third-largest American bank and one of the biggest banking firms in the world, Citigroup has announced that they will be cutting off 300 manager roles in an attempt to reorganise the firm. Around 10% of the workforce from total managerial roles within the firm will lose their position. A statement published by the bank…

Larsen & Toubro Slapped With A ₹238.9 Crore Penalty

Larsen & Toubro Slapped With A ₹238.9 Crore Penalty

Indian conglomerate and one of India’s biggest companies, Larsen & Toubro has been fined ₹238.9 crore by the Qatar government. The government has said that the company’s declared income turned out to be more than what they had reported. The government did an assessment and came to this conclusion. The company has received this penalty…

Google And Malaysia Join Hands For Digital Transformation

Google And Malaysia Join Hands For Digital Transformation

The landscape of technology in the world is changing every day, and Asia has emerged as one of the most important players. For this reason, many tech giants are investing in South Asian countries to develop infrastructure and boost the country’s economy. Adding on to this trend, Google and its parent company, Alphabet has announced…

The Effect of Conflict Resolution Training On Employee Relationships

The Effect of Conflict Resolution Training On Employee Relationships

Conflict resolution training can have a significant positive impact on employee relationships within an organization. By providing employees with the necessary skills and tools to address and resolve conflicts effectively, training programs contribute to improved communication, enhanced collaboration, and a healthier work environment. You can find more information here. Let’s explore some effects of conflict…

Apple Agrees To Pay $25 Million In Settlements

Apple Agrees To Pay $25 Million In Settlements

The world’s biggest tech company, Apple Inc. will pay $25 million to the US Justice Department after the agency accused Apple of hiring immigrant workers over US citizens and green card holders for certain jobs.  In a statement, the US Justice Department said that Apple did not hire US Citizens and permanent residents for certain…

Crude Oil Slips Continuously Amid Raging West Asian War

Crude Oil Slips Continuously Amid Raging West Asian War

It has been almost 2 weeks since Israeli forces entered the Gaza Strip. With the war raging between Israel and Hamas, many experts expected oil prices to surge, but contrary to popular belief, the oil prices are slipping continuously. On Wednesday, oil prices fell almost 4% to a 3-month low with Brent crude oil selling…

Tata Might Sell Their Home Appliance Company Voltas

Tata Might Sell Their Home Appliance Company Voltas

One of the biggest home appliance companies in India, Voltas is in dire straits as its parent company, Tata Group is planning on selling the company citing extreme difficulty in upscaling the business because of steep competition within the market.  Voltas is one of the oldest companies in Tata Group’s portfolio. It was founded in…