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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

IPO-bound Mamaearth’s promoters Varun & Ghazal Alagh will continue to hold 97% stake

March 28, 2023
<strong>IPO-bound Mamaearth's promoters Varun & Ghazal Alagh will continue to hold 97% stake</strong>

Mamaearth filed its draft red herring prospectus with the market regulator SEBI in December last year. Citing weak market conditions as the reason, a report by Reuters revealed that Mamaearth has gone into a …

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Categories Finance News Tags gazal alagh, IPO, mamaearth

With Isro’s OneWeb launch, Bharti becomes first major Indian telco to offer terrestrial and satellite broadband services

March 27, 2023
WEB-STORIES on raviticku.com domain

This was the second mission operated by the Indian Space Research Organisation (ISRO) for the OneWeb subsidiary Network Access Associates The mission completes OneWeb’s network of 600 plus satellites for providing global broadband connectivity; …

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Categories Finance News Tags Bharti Enterprises, ISRO, Satellite

Elon Musk Is Planning To Build A Town In Texas For His Employees: Report

March 26, 2023
Elon Musk Is Planning To Build A Town In Texas For His Employees: Report

Elon Musk is planning to establish a town in Texas. Mr Musk wants his staff at the primary manufacturing sites for his firms Tesla, Boring Company and SpaceX, all of which are located close …

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Categories Finance News Tags Elon Musk, tesla, texas USA

Microsoft Threatens To Restrict Data From Rival AI Search Tools

March 25, 2023
<strong>Microsoft Threatens To Restrict Data From Rival AI Search Tools</strong>

In February, Microsoft integrated a cousin of ChatGPT, OpenAI’s chat technology, into Bing. Microsoft has told at least two customers that using its Bing search index to feed their AI chat tools violates the …

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Categories Finance News Tags AI, Data collection, Microsoft

Jack Dorsey’s Wealth Tumbles $526 Million After Hindenburg Report

March 24, 2023
<strong>Jack Dorsey's Wealth Tumbles $526 Million After Hindenburg Report</strong>

Jack Dorsey also co-founded Twitter. Hindenburg released a report Thursday claiming Block had inflated user metrics, and that the stock has downside of 65% to 75%. World News(c) 2023, Bloomberg Biz Carson Updated: March …

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Categories Finance News Tags co-founded Twitter, Hindenburg report, Jack Dorsey

After triggering selloff in Adani group shares, short-seller Hindenburg says ‘new report’ soon

March 23, 2023
<strong>After triggering selloff in Adani group shares, short-seller Hindenburg says 'new report' soon</strong>

The tweet by Hindenburg Research has come at a time when there are widespread concerns over the financial health of the banking system globally. Hindenburg Research, which is led by Nathan Anderson, triggered a …

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Categories Finance News Tags Adani group, Hindenburg report, Nathan Anderson

Amazon fires 27,000 employees in 3 months; read CEO Andy Jassy’s letter after latest layoffs

March 22, 2023
<strong>Amazon fires 27,000 employees in 3 months; read CEO Andy Jassy's letter after latest layoffs</strong>

Amazon CEO Andy Jassy announced that the company is firing 9000 more employees Amazon CEO Andy Jassy explains that the company is planning to be more streamlined in its costs and headcount due to …

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Categories Finance News Tags Amazon, Andy Jassy, Global CEO

TikTok hits 150 million US monthly users, up from 100 million in 2020

March 21, 2023
<strong>TikTok hits 150 million US monthly users, up from 100 million in 2020</strong>

The Chinese-owned app confirmed the figure ahead of TikTok CEO Shou Zi Chew’s testimony set for Thursday before the House Energy and Commerce Committee. On Friday, six more US senators backed bipartisan legislation to …

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Categories Finance News Tags Tik Tok, USA

Hindenburg-hit Adani Group suspends work on Rs 34,900 cr petchem project in Gujarat

March 20, 2023
<strong>Hindenburg-hit Adani Group suspends work on Rs 34,900 cr petchem project in Gujarat</strong>

Adani Group has come under attack following the scathing report by US short-seller Hindenburg Hindenburg, in its report published on January 24, claimed that key listed Adani companies had taken on substantial debt, putting …

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Categories Finance News Tags Adani group, Adani Stocks, Hindenburg report

Oscars to Air India’s biggest order: PM Modi lists India’s achievements in 75 days of 2023

March 19, 2023
<strong>Oscars to Air India's biggest order: PM Modi lists India's achievements in 75 days of 2023</strong>

Prime Minister Narendra Modi at India Today Conclave 2023 India Today Conclave 2023: During his 35-minute speech, he talked about some of his government’s flagship schemes, economic growth, development of border villages, development in …

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Categories Finance News Tags India Today Conclave, PM-Modi
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