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Market

Home » Market » Page 6
Posted inMarket

After BYJU’S Denial, ED Says Issued Show Cause Notice For FEMA Violation Of INR 9,362 Cr

In a recent development, the well-known edtech behemoth BYJU’S in India is now being investigated by the Enforcement Directorate (ED) for possible violations of the Foreign Exchange Management Act (FEMA),…
Posted by cepat November 22, 2023
Posted inMarket

Honasa Consumer Ltd, the Force Behind D2C Unicorn Mamaearth, Sees a Remarkable 94% Surge in Q2 Profits

Q2 FY24 Witnesses Profit After Tax (PAT) Climbing to INR 29.4 Cr Honasa Consumer Ltd, the parent company overseeing the immensely popular Mamaearth D2C brand, has disclosed a substantial upswing…
Posted by cepat November 22, 2023
Posted inMarket

YouTube Takes Stricter Measures Against Ad Blockers, Cautions Users of Potential Delays and Limited Access

YouTube’s Drive to Boost Ad Revenue In a continued effort to combat ad blockers, YouTube is intensifying its campaign by issuing explicit warnings about potential disruptions to the viewing experience.…
Posted by cepat November 22, 2023
Posted inMarket

Mohalla Tech Faces Fiscal Challenges with 72% Surge in Net Loss Despite Revenue Upswing

In its latest financial disclosure, Mohalla Tech, the parent company behind social networking platforms ShareChat and Moj, revealed a 72% increase in net losses, amounting to Rs 5,144 crore for…
Posted by cepat November 21, 2023
Posted inMarket

There is No OpenAI Without Microsoft Leaning In: Microsoft CEO Satya Nadella Opens Up About The Manic Weekend

In a surprising turn of events, Microsoft CEO Satya Nadella has orchestrated a strategic move to bring AI whiz Sam Altman into the company, raising eyebrows in the tech industry.…
Posted by cepat November 21, 2023
Posted inMarket

GitHub and Scale AI CEOs refused the OpenAI CEO’s post vacated by Sam Altman

The well-known artificial intelligence research lab OpenAI has been in the news a lot lately because of big changes to its leadership. The Information has covered a number of the…
Posted by cepat November 21, 2023
Posted inMarket

BYJU’S FACES ED SCRUTINY OVER ALLEGED RS 9,000 CR FEMA VIOLATION

The Education Technology behemoth, Byju’s, and its creator, Byju Raveendran, have unexpectedly found themselves under investigation by the Enforcement Directorate (ED) for suspected FEMA (Foreign Exchange Management Act) violations totaling…
Posted by cepat November 21, 2023
Posted inMarket

Major Deal Between Indian Government and Tesla: Electric Cars Soon on Indian Roads

Recent reports suggest that the Indian government is on the verge of finalizing a significant agreement with electric vehicle (EV) giant Tesla. This could lead to the introduction of Tesla…
Posted by cepat November 21, 2023
Posted inMarket

Salesforce CEO Marc Benioff Extends Hand to Departing OpenAI Researchers Amid Management Shake-Up

Following the recent shakeup at OpenAI, Marc Benioff, Chief Executive Officer of Salesforce, has offered to employ researchers who have chosen to step down from their positions. This move comes…
Posted by cepat November 21, 2023
Posted inMarket

Citigroup Unveils Major Restructuring with CEO Jane Fraser at the Helm

Under CEO Jane Fraser’s leadership, Citigroup announced a significant restructuring initiative in a memo to staff on Monday. Fraser emphasized the need for “difficult, consequential decisions” to realign the bank’s…
Posted by cepat November 20, 2023

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