Why Should Investors Expect Recession in 2023?
Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…
RBI Approved Appointment Of Pralay Mondal As CEO Of CSB
CSB Bank Limited received the approval for the appointment of Pralay Mondal as the Managing Director and Chief Executive Officer from the Reserve Bank Of India (RBI) on September 15, 2022. The appointment was announced in the meeting held on the same day with the Boards of Directors. Pralay Mondal’s appointment as MD and CEO…
Adobe Agrees To Buy Figma For $20 Billion
Adobe Inc. has agreed to purchase software design firm Figma Inc. for around $20 billion in order to extend its capabilities for creative professionals. The Adobe acquisition, which is half cash and half shares, verifies an earlier Bloomberg story and would be the largest buyout of a private software business ever. In the premarket trade,…
10 Best Leaders from Manufacturing Industry in India 2022
The manufacturing industry is ever evolving, and top manufacturing leaders are doing everything they can to sharpen their technical skills and maintain the pace with innovative technologies. But, in the course of adopting cutting-edge technologies and training workers on advanced manufacturing techniques, manufacturing leaders need much more than soft skills. In its expedition to find…
India To Host G20 Summit In September 2023
From December 2023, India will take charge of the G20 president and will host the summit of administrators of the world’s 20 largest economies in New Delhi during the second week of September 2023. As per the statement released by the Ministry of External Affairs, “The G20 Leaders’ Summit at the level of Heads of…
What Is HRP, And How Does It Automate Your Business?
Change is a recurring theme in all businesses, regardless of sector, size, clientele, or location. Predicting consumer and market trends, economic developments, employee attitudes, and customer behaviour is challenging. Businesses must simultaneously ensure they have the right personnel on their teams to handle any changes they need to adopt. How is that even possible? The…
Vedanta & Foxconn To Build India’s First Chip Plant
India’s diversified mining company Vedanta Ltd. and Taiwan’s Foxconn signed a deal to set up a $20 billion semiconductor project in Gujarat. The project is intended to produce chips and displays near Ahmedabad. Bhupendrabhai Patel, the Chief Minister of Gujarat, said that the establishment of this manufacturing unit would create more than 100,000 jobs, and…
Navi Technologies Gets Approval From SEBI For IPO
Sachin Bansal’s Navi technologies get the nod from the Security and Exchange Board Of India (SEBI) for an Initial Public Offering (IPO), providing the Flipkart co-founder with a boost as he works to create a financial services conglomerate. Navi Technologies is a fintech company that submitted the draft papers to SEBI in March this year…
Nykaa Concluded Acquisition of 100% Iluminar Media Equity Shares
One of the most prominent beauty eCommerce platforms ━ Nykaa ━ has concluded the complete acquisition of Iliminar Media, the parent company of the digital content platform Little Black Book (LBB). The company has made this deal all in cash, but there is no clarity on the financial contours of the deal yet. On the…
Advantages Of Computerised Human Resource Information System
As your small organisation grows, the number of employees increases, and so does their data, making it difficult for the human resource department to keep everything in order. The best solution to manage an organisation’s expanding data is Human Resource Information System (HRIS). From storing the employee’s data to tracking the applicants’ activities, there are…