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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

Air India Set To Seal Multi-Billion Dollar Jumbo Plane Order Today: Report

January 28, 2023
<strong>Air India Set To Seal Multi-Billion Dollar Jumbo Plane Order Today: Report</strong>

The second half of the order is expected to be formally wrapped up over the coming days. (File) After months of closely-guarded, tough negotiations, Air India is set to place an order for 190 …

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Categories Finance News Tags Air India, Boeing Jets, Jumbo plan

Stock Market Today: Top 10 things to know before the market opens

January 27, 2023
<strong>Stock Market Today: Top 10 things to know before the market opens</strong>

Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 74 points. Stock Market News: In the previous session on Wednesday, the BSE Sensex tanked …

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Categories Finance News Tags BSE Sensex, Indian Growth, Nifty, Stock market

IBM Cuts 3,900 Jobs In Latest Tech Layoffs

January 26, 2023
<strong>IBM Cuts 3,900 Jobs In Latest Tech Layoffs</strong>

For 2022, IBM recorded revenue growth of 5.5%, its highest in a decade. IBM Layoffs: The layoffs – related to the spinoff of its Kyndryl business and a part of AI unit Watson Health …

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Categories Finance News Tags IBM, Kyndryl Business, Layoff

Maruti Suzuki Reports Better-Than-Expected Q3 Profit On Strong Passenger Car Demand

January 25, 2023
<strong>Maruti Suzuki Reports Better-Than-Expected Q3 Profit On Strong Passenger Car Demand</strong>

Maruti sold 465,911 vehicles in the quarter, up from 430,668 units the same quarter last year. (File) Profit for Maruti, which has over 40% market share in the country’s passenger vehicles segment, came in …

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Categories Finance News Tags Maruti Suzuki, Q3 report

Apple Aims To Raise India Production Share To 25%: Minister

January 24, 2023
<strong>Apple Aims To Raise India Production Share To 25%: Minister</strong>

Foxconn plans to quadruple the workforce at its iPhone factory in India over two years. Cupertino, California-based Apple has bet big on India since it began iPhone assembly in the country in 2017 via …

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Categories Finance News Tags Apple, India production, iPhone

“After Positive Review”: 8-Month Pregnant Woman On Being Axed By Google

January 23, 2023
<strong>"After Positive Review": 8-Month Pregnant Woman On Being Axed By Google</strong>

Google: The layoffs appeared to be structural, rather than performance-based For months, Google had refrained from thinning its ranks as tech giants such as Amazon.com Inc., Microsoft Corp. and Meta Platforms Inc. laid off …

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Categories Finance News Tags Google, Mass layoffs

Jio’s December Quarter Profit Rises 28.3% To $571 Million

January 22, 2023
<strong>Jio's December Quarter Profit Rises 28.3% To $571 Million</strong>

Jio’s revenue from operations climbed nearly 19%. (File) Jio, India’s biggest telecom carrier by subscribers, said net profit rose to 46.38 billion rupees ($571.5 million) in three months ended Dec. 31. Market NewsReuters Updated: …

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Categories Finance News Tags Jio, Qaurterly evaluations

Google Announces 12,000 Job Cuts, Hours After Delaying Bonuses

January 21, 2023
<strong>Google Announces 12,000 Job Cuts, Hours After Delaying Bonuses</strong>

Google said the layoffs are global and impact US staff immediately. Google is making the cuts just as the US company confronts a threat to its long-held perch atop the technology sector. World NewsReuters …

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Categories Finance News Tags Google, Layoffs

India Aims To Become Key Semiconductor Supplier For World: Communications Minister Ashwini Vaishnaw

January 20, 2023
<strong>India Aims To Become Key Semiconductor Supplier For World: Communications Minister Ashwini Vaishnaw</strong>

India has a huge potential in terms of talent pool and technology, the minister said. (File) Asked about the government’s own investment plans, Communications Minister Ashwini Vaishnaw said the government itself is putting in …

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Categories Finance News Tags communications, India export, Semiconductor

Microsoft To Cut 10,000 Jobs As Tech Layoffs Intensify

January 19, 2023
<strong>Microsoft To Cut 10,000 Jobs As Tech Layoffs Intensify</strong>

Microsoft Corp said it would cut 10,000 jobs by the end of third quarter of fiscal 2023 The layoffs will result in a charge of $1.2 billion in the second quarter of fiscal 2023, …

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Categories Finance News Tags Layoffs, Microsoft
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