Moody’s Ratings has downgraded the U.S. government’s credit rating from Aaa to Aa1, citing concerns over rising debt and persistent deficits. This decision makes Moody’s the final major agency to lower the U.S. rating, following similar moves by Standard &…
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The visit by the high-ranking Apple executive to the sprawling 300-acre Foxconn facility in Devanahalli on the outskirts of Bengaluru was timed as a review of operations ahead of the likely launch of iPhone shipments next month.
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Myntra and Reliance’s Ajio have ceased selling Turkish apparel brands due to boycott calls stemming from Turkey’s support of Pakistan during a recent conflict. Myntra suspended all Turkish brands, including Trendyol, while Reliance removed brands like Koton and LC Waikiki…
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Gensol Engineering Limited faces turmoil as CFO Jabirmahendi Mohammedraza Aga resigns, citing intense regulatory scrutiny and internal dysfunction. Ongoing investigations, senior management departures, and disorganized data management hinder the company’s ability to respond effectively. Aga’s resignation adds to the leadership…
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Sterling Powergensys has announced Pundlik Davane’s appointment as Chief Financial Officer. The appointment is effective from February 13, 2025. The company cited an inadvertent delay in communicating the appointment. This delay was due to overlapping responsibilities and administrative procedures. The…
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The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday.
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