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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

The news tells you what happened. We decode why it matters.

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Finance News

Elon Musk To Resign As Twitter CEO, NBC Executive In Talks To Replace Him

May 12, 2023
Elon Musk To Resign As Twitter CEO, NBC Executive In Talks To Replace Him

Musk has also said he wants to build Twitter beyond social media and into an “everything app,” Musk bought Twitter for $44 billion last October and indicated that he’d only be in charge for …

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Categories Finance News Tags CEO, Elon Musk, Twitter Leave a comment

Chinese-owned MG Motor India to sell majority stake; invest Rs 5,000 crore by 2028

May 11, 2023
Chinese-owned MG Motor India to sell majority stake; invest Rs 5,000 crore by 2028

Chinese-owned MG Motor India to sell majority stake; invest Rs 5,000 crore by 2028 Amid Indian govt’s restrictions on Chinese investments, MG Motor India lays a 5-year roadmap to ‘Indianise’ business; to set up …

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Categories Finance News Tags Gujarat, Investing, M G Motors Leave a comment

iPhone Maker Foxconn Buys Huge Site In Bengaluru For ₹ 300 Crore

May 10, 2023
iPhone Maker Foxconn Buys Huge Site In Bengaluru For ₹ 300 Crore

Foxconn has manufactured Apple handsets in India since 2019 at its plant in Tamil Nadu. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world’s biggest contract electronics manufacturer and …

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Categories Finance News Tags Apple, Bangaluru, iPhone Leave a comment

Does ONDC offer food cheaper than Zomato, Swiggy? Here’s what we know

May 9, 2023
Does ONDC offer food cheaper than Zomato, Swiggy? Here's what we know

ONDC seems to have cheaper food deals as compared to Zomato, Swiggy Several posts comparing the prices of food orders on ONDC and Swiggy, Zomato have been making rounds on social media in the …

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Categories Finance News Tags ONDC, swiggy, Zomato Leave a comment

‘You can be productive but…’: IBM CEO says work from home can derail promotions

May 8, 2023
'You can be productive but...': IBM CEO says work from home can derail promotions

IBM CEO The CEO also highlighted the fact that remote workers do not have the opportunity to learn skills that are normally acquired in person, such as dealing with difficult clients.  Business Today Desk …

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Categories Finance News Tags CEO, IBM, WFH Leave a comment

Warren Buffett’s Berkshire Hathaway posts $35.5-billion Q1 profit, buys back more stock

May 7, 2023
Warren Buffett's Berkshire Hathaway posts $35.5-billion Q1 profit, buys back more stock

Warren Buffett The company’s income from investments has also bolstered its operating profit, leading to an increase of 13 per cent to $8.07 billion, or about $5,561 per Class A share, compared to $7.16 billion …

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Categories Finance News Tags Berkshire Hathaway, Warren Buffett Leave a comment

CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case

May 6, 2023
CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case

CBI searches 7 locations linked to Jet Airways founder Naresh Goyal in alleged bank fraud case CBI officers said they have lodged a new case of ‘alleged bank fraud’ of Rs 538 crore on a …

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Categories Finance News Tags Fraud, Jet Airways, Naresh goyal Leave a comment
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