Sri Lanka Closed Schools and Halt Non-essential Govt Services Amid Economic Crisis
Sri Lanka is in heavy debt and has been confronting a financial crisis for a long time. Due to this, now the country has begun a two-week shutdown, followed by closed schools and halted all non-essential services. The country took this step to conserve fast-depleting fuel reserves. The International Monetary Funds opened the talks with…
John David
Societal Contribution Towards Female Labour Participation Rate
A significant drop in the female labour contribution rate in the labour force has raised concerns in India. According to data from the International Labour Organisation (ILO) and the Ministry of Statistics and Program Implementation (MoSPI), India follows many African and Asian countries in terms of Female Labour Contribution to the workforce. COVID-19’s impact on…
Abdullah Ansari
Mahindra Group Appoints Abanti Sankaranarayanan as Chief Group Public Affairs Officer
Mahindra Group announced the appointment of Abanti Sankaranarayanan as Chief Group Public Affairs Officer, where she will be responsible for the Group Public Affairs (National & International), Group Sustainability and Group Risk & Economist Functions. In addition to this, she will be a part of the Group Executive Board and report to Dr Anish Shah,…
Vipin
Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit
Google-backed neobank Open became the 100th unicorn of India with a $1 billion valuation. There are a total of 100 unicorns in India, including Mamaearth, EaseMyTrip, Ola, and Flipkart to name a few. But how many of these are profitable? According to the statistics from the media portal, only 18 unicorns have achieved profitability. Reports…
Aman Goyal
Federal Reserve Imposed Highest Interest Rate Hike Since 1994
On Wednesday, the Federal Reserve increased the interest rates considering the rising inflation in the United States. It is the highest rate hike by the Fed since 1994. After a Federal officials meeting of two days, the central bank raised interest rates by 75 basis points. This move will help boost the Federal Funds rate…
Shipra Prajapati
Adani, TotalEnergies Joins Hands To Invest In Green Hydrogen
Adani New Industry Ltd (ANIL) teamed up with TotalEnergies to invest $50 billion in green hydrogen, the deal was announced on Tuesday. French giant TotalEngeries will buy a quarter of the equity in ANIL, part of Adani’s eponymous group. The company will invest a set amount for a period of over ten years. With this…
Yash Sharma
Chipmaker Broadcom In Talks To Acquire Cloud Company VMware
Chipmaker Broadcom is in talks to buy the cloud service provider VMware in a $61 billion cash-and-stock deal, according to the people familiar with the matter. If it is done, it would be the biggest and boldest bid that will diversify its business into enterprise software. This will be the second-biggest acquisition globally so far…
How To Build An Effective Startup Team For Ultimate Result?
Assembling the right startup team is vital and if effectively done you won half the battle. Investors are not only interested in your pitch, but they are also willing to evaluate the dynamics of your team. Startup founders should prioritise quality over quantity because part of their job is to communicate with others who match…
Revlon Is To File For Bankruptcy Amid Heavy Debt Load
New York-based Revlon, owned by billionaire Ron Perelman’s MacAndrews & Forbes, is preparing to file for Chapter 11 bankruptcy amid a heavy debt load, according to the people aware of this matter. However, the potential filing is not final yet and could change. Revlon’s shares plunged 53%, the biggest one-day drop on record, on Friday…
How Suchi Mukherjee Became An Inspirational Entrepreneur?
We had a lot of discussions on gender equality over the years, and there is no doubt that women have all the potential to do the things that men can do. You may come across the names of many women who are competing with men in different sectors. Such women are an inspiration to aspiring…
