EPAM Systems Sacks Around 100 Indian Employees
EPAM Systems, the US-based IT services provider, has sacked around 100 Indian employees. These were mostly bench people who were not tagged to any specific...
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FPIs to Turn Net Sellers; withdraw Rs 7,600 Cr via Equities
Post-filling funds in the last two months, foreign investors turned sellers again in September. They drew around Rs 7,600 crore from Indian Equity Markets amid...
ONGC, Oil India Shares Gain up to 6%, After Govt Hikes Gas Prices
In Monday’s intra-day trade, shares of state-owned oil exploration companies Oil India and Oil and Natural Gas Corporation (ONGC) gained up to 6 per cent...
$1.2 Trillion PM Gati Shakti Plan to Compete with China
Under a 100-trillion-rupee (USD 1.2 trillion) mega project called PM Gati, Modi’s administration plans to create a digital platform that combines 16 ministries. The platform...
Dollar Gains Against Euro After Inflation Data, Sterling Plunges
On Friday, the dollar gained against the euro after European inflation hit a record high and US consumer spending rose faster than expected. The dollar...
US Imposes Sanctions on Russia over Annexation of Swath of Ukraine
On Friday, the United States levied sweeping Russia-related sanctions on hundreds of people and firms in response to Russia’s declaration that it had annexed a...
Shares of Nike Fall on Margin Warning, Drags Down Rivals
On Friday, shares of Nike Inc (NYSE:NKE) plunged 12 per cent, after the company’s warning of tightening margins raised concerns of an industry-wide decline in...
Air India Announces 20 Additional Weekly Flights to San Francisco, Birmingham, and London
To reclaim its position in International aviation, Air India plans to introduce twenty additional weekly flights to London, Birmingham, and San Francisco from October to...
Citroen Launches its All-Electric Concept Car Oli
On Thursday, French auto giant Citroen unveils its new all-electric concept car Oli. During an Interview, Citroen’s CEO informed that electrification of transport represents a...
Bharti Airtel Hits Record High Amid 5G Service Launch, Shares Up 6%
Shares of Bharti Airtel rose 6% intraday on Friday to hit an all-time high of Rs 808.85 ahead of the launch of 5G services in...