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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

25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report

December 29, 2022
Flipcart

Flipkart and PhonePe announced last week that they have completed their separation. (File) “We are pleased to announce that employees, who are holders of Flipkart ESOPs (employee stock option plans), will receive a one-time …

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Categories Finance News Tags Cash Payout, Employees, Flipcart Leave a comment

World Economy Is Headed For A Recession In 2023, Says Researcher

December 27, 2022
world economy depiction

The findings are more pessimistic than the latest forecast from the International Monetary Fund. The global economy surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers …

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Categories Finance News Tags Forecast, IMF, World economy Leave a comment

HDFC Gets $400 Million Loan For Financing Green Housing Units

December 26, 2022
HDFC Bank

HDFC has earmarked 75 per cent or $300 million for financing green housing units.(File) The companies said in separate statements today said this loan will help close the urban housing gap and improve access …

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Categories Finance News Tags HDFC Bank, Loan for Housing Leave a comment

Russia-Ukraine War, Recession Worries May Cast Shadow On India’s Exports In 2023

December 25, 2022
Exports

Healthy growth in services exports would help India’s outbound shipments in 2023, experts said.(File) The World Trade Organization (WTO) has said the world trade is expected to lose momentum in the second half of …

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Categories Finance News Tags exports, Recession, Russia-Ukraine war Leave a comment

Ex-ICICI Bank CEO Chanda Kochhar, Husband Arrested In Loan Fraud Case

December 24, 2022
Chanda Kochhar

ICICI Bank had said Chanda Kochhar had violated its code of conduct and internal policies. Chanda Kochhar, had quit as CEO and managing director of ICICI Bank in four years ago, and denied that …

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Categories Finance News Tags Bank Fraud, Chanda Kochhar, ICICI Leave a comment

Google Links More Of CEO Sundar Pichai’s Pay To Performance

December 23, 2022
Sunder Pichai

The CEO was also given a grant of $84 million in the form of the firm’s restricted stock units.(File) Sundar Pichai, who is given an equity award every three years, was granted two tranches …

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Categories Finance News Tags Google, Sunder Pichai Leave a comment

Why Apple Stock Is Doing Better than Amazon, Meta, Other Tech Stocks

December 22, 2022
Apple

Apple investors’ loyalty is rewarded with a $454 billion gift Apple is vastly outperforming other tech giants, whose shares have cratered this year. Market News(c) 2022 Bloomberg Jeran Wittenstein, Bloomberg Updated: December 21, 2022 …

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Categories Finance News Tags Apple, Stocks, Tech stocks Leave a comment
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