Chinese government has reportedly approved Haier’s sale of a 49% stake in its Indian arm, Haier Appliances India, to the Bharti Enterprises-Warburg Pincus combine. This strategic move aims to overcome regulatory hurdles and facilitate capital infusion for expansion. The deal,…
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An RBI study finds gold remains the most stable hedge during global crises, while crude oil shows extreme volatility under stress. U.S. Treasuries and silver also act as safe-haven assets, though with varying sensitivity to geopolitical risk.
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India’s top consulting firms, including EY, Deloitte, PwC, and KPMG, are fiercely competing with tech giants like Accenture and Capgemini, alongside Indian IT players. This intense rivalry stems from a surge in companies adopting AI across their operations, propelling technology…
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The Trump administration is changing the H-1B visa system. A new rule will prioritize visas for higher-skilled and higher-paid foreign workers. This change aims to protect American jobs and wages. The new system replaces the random lottery. It will be…
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Hindustan Coca-Cola Beverages, HCCB, is cutting around 300 jobs. This move aims to boost profits and streamline operations under new leadership. The company stated the downsizing is minor and will not disrupt operations. HCCB reported a significant profit decline in…
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Tata Motors Finance Ltd has settled a case with Sebi. The company paid Rs 32 lakh to resolve allegations of violations in issuing non-convertible debentures. Sebi approved the settlement, closing the proceedings against Tata Motors Finance Ltd for the mentioned…
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