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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

2023 Layoffs: These Jobs Are Next On The Line

March 14, 2023
<strong>2023 Layoffs: These Jobs Are Next On The Line</strong>

Meta Inc will laying off thousands more workers this year. (Representational) It raises the question: Even after the thousands of layoffs we’ve seen in recent months, which industries might be looking to toss more …

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Categories Finance News Tags corporate world, Industries, Layoffs, Mass layoffs

Economic Framework Will Be More Impactful Than Trade Pact: US Commerce Secretary

March 10, 2023
<strong>Economic Framework Will Be More Impactful Than Trade Pact: US Commerce Secretary</strong>

A trade agreement with India is at present not on the table, US said. The Indo-Pacific Economic Framework (IPEF) was launched jointly by the US and other partner countries of the Indo-Pacific region on …

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Categories Finance News Tags IPEF, US-Indian Deal

Air India Cabin Crew Arrested For Smuggling 1.5 Kg Gold In Kochi

March 9, 2023
<strong>Air India Cabin Crew Arrested For Smuggling 1.5 Kg Gold In Kochi</strong>

Shafi, a native of Wayanad, was arrested by Customs officials at Kochi with 1,487 grams of gold. The accused was planning to wrap the gold around the hands and cover the sleeve of the …

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Categories Finance News Tags Air India, Smuggling, strike the gold

Relief For Over 20,000 Homebuyers, Takeover Plan For Jaypee Infra Cleared

March 8, 2023
<strong>Relief For Over 20,000 Homebuyers, Takeover Plan For Jaypee Infra Cleared</strong>

The insolvency resolution process against JIL was started in August 2017. (Representational) A two-member Principal bench of NCLT headed by President Ramalingam Sudhkar approved the resolution plan, more than three months after concluding the …

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Categories Finance News Tags Homebuyers, Jaypee Infra

Adani Group Largest Indian Investor In Australia, No Impact On Business: Envoy

March 7, 2023
<strong>Adani Group Largest Indian Investor In Australia, No Impact On Business: Envoy</strong>

Adani Group operates a port terminal, coal mines and solar energy projects in Australia. Australian High Commissioner Barry O’Farrell said the impact of the Hindenburg report on the Adani Group is a matter for …

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Categories Finance News Tags Adani group, Adani Stocks, Australia

Zoom Fires Its President Days After Company Cut 1,300 Jobs

March 6, 2023
<strong>Zoom Fires Its President Days After Company Cut 1,300 Jobs</strong>

Greg Tomb joined Zoom in June 2022. Zoom laid off 1,300 employees or 15 per cent of its workforce in February this year. World News Edited by Anoushka Sharma Updated: March 05, 2023 10:18 pm …

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Categories Finance News Tags Layoff, President, Zoom

With losses at Rs 1 trn, startups shift focus to bottom line

February 20, 2023
<strong>With losses at Rs 1 trn, startups shift focus to bottom line</strong>

Post the Q3FY23 results, the management said it was constantly re-evaluating, optimising investments, taking a hard look at resource allocation across functions, shutting down non-performing markets and reassessing headcount. (File) Karthik Reddy, co-founder and …

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Categories Finance News Tags Losses, quarterly-Growth, Startups

After Air India’s Historic Order, Indian Carriers Planning To Order 1,200 Aircraft: Report

February 18, 2023
<strong>After Air India's Historic Order, Indian Carriers Planning To Order 1,200 Aircraft: Report</strong>

Almost every carrier in India is expected to order more aircraft in the next couple of years. (File) According to the Centre for Asia Pacific Aviation India (CAPA India), Indian carriers are expected to …

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Categories Finance News Tags Air India, Airbus Aircraft, Indian aviation ministry

HDFC Raises $3 Billion In India’s Biggest-Ever Local Bond Issue

February 17, 2023
<strong>HDFC Raises $3 Billion In India's Biggest-Ever Local Bond Issue</strong>

The proceeds would be utilised for financing HDFCs business requirements. (File) HDFC(Housing Development Finance Corp): The country’s largest housing financier, soon to be merged with private lender HDFC Bank, sold 10-year bonds at a …

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Categories Finance News Tags Bond issue, HDFC Bank, India

250 Airbus Aircraft, 220 From Boeing: Air India’s Multi-Billion Dollar Deal

February 15, 2023
<strong>250 Airbus Aircraft, 220 From Boeing: Air India's Multi-Billion Dollar Deal</strong>

Air India will buy over 450 planes from Airbus and Boeing Air India, which Tata group bought from the government in October 2021, will buy 250 aircraft from Airbus and 220 from Boeing India …

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Categories Finance News Tags Air India, Airbus Aircraft, Boeing Jets, Dollar Deal
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