Business updates

Business updates

ZEEL withdraws from NCLT application for merger with Sony

In January, Sony Group Corp called off a USD 10 billion merger of its India unit with ZEEL.>

IMF projects India's 2024 growth at 6.8%, remains fastest-growing major economy

IMF raises India's growth forecast to 6.8 per cent, citing strong domestic demand and young workforce.>

Goldman Sachs Backs AI in Hospitals With $47.5 Million Kontakt.io Investment

The growth equity unit of Goldman Sachs Group Inc. has invested $47.5 million in Kontakt.io, a startup that helps hospital managers make decisions about patients, beds and equipment.>

RERA Court imposes fine of ₹6 lakh on Vatika Ltd for violating builder-buyer agreement

RERA Court imposes fine of ₹6 lakh on Vatika Ltd for violating builder-buyer agreement>

China’s Dongfeng Mulls Making 100,000 Cars a Year in Italy

China’s Dongfeng Motor Group Co. is in early talks with the Italian government about making cars in the country to help boost its international business.>

OnePlus products to disappear from some retail stores in India? Company finally reacts

A retailers' body had threatened to remove OnePlus products from their shelves unless the company addresses their grievances.>

Infosys Q4 results: Date to details, check it all out here

Infosys Q4 results announcement is on April 18. Know what to expect here.>

Zoho’s Sridhar Vembu says this helps entrepreneurs make ‘a billion dollar biz'

Sridhar Vembu talked about how the Indian market was flooded with Chinese nail clippers and what Indian entreprenuers need to do. >

Tesla layoffs: Global job cuts at Elon Musk company to impact China the most?

A Tesla programme manager in California posted a spreadsheet on LinkedIn of over 140 staff, mostly engineers, who had been laid off and were seeking new jobs.>

Microsoft Invests $1.5 Billion in UAE’s G42 in Pivot From China

Microsoft Corp. will invest $1.5 billion in the United Arab Emirates’ top artificial intelligence firm, G42, after the Abu Dhabi-based company worked out an unusual deal with the US government to end any cooperation with China.>

Credits : HTimes