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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

Warren Buffett’s Berkshire Warns About Fake Crypto Website Using Its Name

November 19, 2022
Warren Buffett

Warren Buffett’s Berkshire warns about crypto website using its name Berkshire Hathaway warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name. Market NewsReutersUpdated: November 19, 2022 …

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Categories Finance News Tags Cryptocurrency, Warren Buffett

Elon Musk’s ‘Hardcore’ Ultimatum Sparks Wave Of Resignations At Twitter

November 18, 2022
Musk

Musk sent an email telling employees to expect “long hours at high intensity” if they wanted to stay. Salute emojis which have become a symbol for resignation and farewell messages flooded the company’s internal …

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Categories Finance News Tags Elon Musk, Resignations, Twitter

“Some Roles Will No Longer Be Required”: Amazon Begins Mass Layoffs

November 17, 2022
Amazon

Besides Amazon, Meta and Twitter have also announced large-scale layoffs. Amazon’s spokesperson Kelly Nantel said as part of the annual operating planning review process, certain roles are no longer necessary. World NewsAsian News InternationalUpdated: …

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Categories Finance News Tags Amazon, Mass layoffs

US Orders Tata-Led Air India To Pay $121.5 Million As Passenger Refunds

November 16, 2022
Air India

US orders six airlines to pay $600 million as refunds The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties. Market NewsPress Trust …

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Categories Finance News Tags Air India, USA

Amazon Plans To Lay Off 10,000 Employees As Losses Mount: Report

November 15, 2022
Amazon

Amazon has asked employees in unprofitable units to look for other opportunities within the company, the Wall Street Journal reported. World NewsEdited by Abhimanyu Kulkarni Updated: November 14, 2022 11:41 pm IST New Delhi:  Amazon …

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Categories Finance News Tags .Lay off of staff, Amazon

Bombay High Court Refuses Ex-ICICI Bank CEO Chanda Kochchar’s Post-Retirement Plea

November 14, 2022
Chanda Kochhar

Former ICICI Bank CEO Chanda Kochhar’s post-retirement plea rejected Justice Gahla also stated that Ms Kochhar’s termination was valid Market NewsEdited by Rahul Karunakar Updated: November 11, 2022 9:42 am IST The Bombay High Court …

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Categories Finance News Tags Bank Fraud, High Court, ICICI-Ex CEO

Mid-Cap Investment Schemes The Pick Of Mutual Funds In October

November 13, 2022
shares fluctuating

50% of total mutual funds inflows were in the mid-and small-cap investment schemes Inflows into Equity mutual funds declined in October, but mid-cap and small-cap investment schemes accounted for one-third of the capital inflows. …

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Categories Finance News Tags Mid cap investments, Mutual funds

Nykaa Wins Back Investor Confidence Driving Its Shares To Surge Over 10%

November 12, 2022
Nykaa ad

New-age stock Nykaa surged over 10% despite the lock-in expiry New-age stock Nykaa surged over 10 per cent in early trade on Friday. Market NewsReported by Sreekumaran Nettath, Edited by Rahul KarunakarUpdated: November 11, 2022 5:20 …

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Categories Finance News Tags Nykaa, Share market

Small Loans Business Up A Robust 16.5 Times In 10 Years

November 11, 2022
Microfinance

MicroFinance Institutions Network said microfinance in creates 1.3 crore jobs per year The microfinance business has grown 16.5 times to ₹ 2,85,441 crore in the past ten years, according to India Microfinance Review FY 2021-22. Your …

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Categories Finance News

The government’s push to facilitate international trade in domestic currency is a good idea

November 10, 2022
Indian domestic currency

It links up with the limitations to such domestic currency-based trade settlements. The first is, of course, geopolitical: Russia has now emerged as India’s biggest crude supplier, from a distant No 12 in 2021-22. …

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Categories Finance News Tags domestic currency transactions, International trade
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