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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

Adani Enterprises, Adani Transmission: Two Adani Group firms together to raise up to Rs 21,000 cr via QIP

May 15, 2023
Adani Enterprises, Adani Transmission: Two Adani Group firms together to raise up to Rs 21,000 cr via QIP

US-based short-seller Hindenburg Group’s January report battered investor confidence and drove share prices of the group down. Adani Transmission said its board approved a plan to raise up to Rs 8,500 cr from the …

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Categories Finance News Tags Adani group, Adani Stocks, Gautam Adani

‘Woke or not woke’: Elon Musk’s Twitter CEO pick Linda Yaccarino angers both conservatives and liberals

May 14, 2023
'Woke or not woke': Elon Musk's Twitter CEO pick Linda Yaccarino angers both conservatives and liberals

Linda Yaccarino Despite Musk’s promise to allow users to interact with him and Yaccarino in a future Twitter Spaces session, it seems that many on both sides of the political spectrum remain dissatisfied with …

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Categories Finance News Tags CEO, co-founded Twitter, Twitter

Will Maruti Suzuki be able to dethrone Tata Motors to be India’s largest SUV maker?

May 13, 2023
Will Maruti Suzuki be able to dethrone Tata Motors to be India's largest SUV maker?

With four products in the SUV category, Maruti Suzuki expects to gain 25% market share in the segment from 12% last year With four products in the SUV category, Maruti Suzuki expects to gain …

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Categories Finance News Tags Maruti Suzuki, SUV market, TATA Motors

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

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

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

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

‘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

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

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
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