Hindenburg Report Fallout: LIC’s Adani Group Investments Below Purchase Price
Due to the significant decline in the value of Adani Group stocks, the investments made by Life Insurance Corporation of...
U.S. Government to Block Adobe’s Acquisition of Figma Due to Antitrust Concerns
According to Bloomberg News, the U.S. Justice Department is preparing to file an antitrust lawsuit to prevent Adobe Inc's planned...
Fidelity: Retirement savers pay the price as 401(k) balances decrease by 23% in 2022
The overall balance in 401(k) accounts at the end of the year were down by 23% compared to the previous...
Elon Musk’s cost-cutting measures result in Twitter losing access to Slack
In an effort to cut expenses and boost revenue, Elon Musk's Twitter is implementing various cost-saving measures. These include laying...
SAP Taps Former Deloitte Chief to Take Over as Chairman from Co-Founder
The German software company, SAP, has announced that former Deloitte CEO, Punit Renjen, will succeed co-founder Hasso Plattner as the...
Fed Open to Higher Rates as Inflation Remains a Concern
The vast majority of Federal Reserve policymakers supported a decision to slow down the pace of interest rate hikes at...
BYJU’S considering shuttering coding edtech startup WhiteHat Jr
BYJU'S, an ed-tech company based in Bengaluru, is reportedly considering shutting down WhiteHat Jr, a coding platform that has received...
Citigroup CEO Jane Fraser’s total pay for 2023 set at $24.5 million
Citigroup, one of the largest banks in the world, has increased the compensation package for its CEO, Jane Fraser, by...
Wikimedia Foundation’s challenge to NSA surveillance program shut down by Supreme Court
The US Supreme Court's decision to decline the appeal by Wikimedia Foundation, the operator of Wikipedia, to revive its lawsuit...
Women’s Premier League secures Tata Group as title sponsor for next 5 years
The announcement that Tata Group has secured the title sponsorship rights for the inaugural Women's Premier League (WPL) represents a...