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Business Profiles

Adani-owned NDTV’s profit more than halves on advertising drop

Michael Grunwald Feb 8, 2023
NDTV's revenue fell 9.5% to 1.05 billion rupees, while total expenses rose nearly 5%, led by production and employee benefits costs. Indian broadcaster New Delhi Television Ltd,…
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Company Announcements

BP scales back climate targets as profits hit record

Michael Grunwald Feb 8, 2023
Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to…
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Japan

Weird or Wow? Wearable bean bags are here: Japanese company comes up with innovative solution

Michael Grunwald Feb 8, 2023
SYNOPSIS The wearable bean bag has already been a hit on Japanese social media. Wearable bean bags have been developed by a Japanese apparel manufacturer and are available…
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Make in India

‘Hungry for Cargo’: Indian Railways earns Rs 1,35,387 crore from freight transportation in FY…

Michael Grunwald Feb 8, 2023
The loading for the first ten months of the current fiscal crossed last year’s loading and earnings for the corresponding period. In a major impetus to the 'Hungry for Cargo'…
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Make in India

Adani mulls independent review after short-seller’s criticism

Michael Grunwald Feb 8, 2023
Adani Enterprises' recovery from its lows has attracted a lot of traders to the stock, said Ambareesh Baliga, a Mumbai-based independent market analyst. India’s Adani Group is…
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News

Local News Networking Platform PublicNext Bags Rs 1 Cr From Google

Michael Grunwald Feb 8, 2023
PublicNext has been selected as a recipient of the Google News Initiative (GNI) Innovation Challenge (Asia Pacific) with funding from Google A local news networking platform,…
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Layoff

Google Canada starts layoffs as parent company cuts 12,000 workers globally

Michael Grunwald Feb 8, 2023
Google sent layoff notices on Monday to affected Canadian employees after its parent company Alphabet announced earlier this year it was cutting 12,000 of its global workforce.…
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ChatGPT

Bard: Google launches ChatGPT rival

Michael Grunwald Feb 8, 2023
Google is launching an Artificial Intelligence (AI) powered chatbot called Bard to rival ChatGPT. Bard will be used by a group of testers before being rolled out to the public…
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china

China To Launch Market-Making Business On Bond Markets

Michael Grunwald Feb 7, 2023
China’s securities regulator announced on Friday that it will begin market-making business on its exchange bond market on February 6 in order to improve the market’s functions.…
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Asia

South Korean Firm Kakao Corp. To Acquire 9.05% Stake In SM Entertainment

Michael Grunwald Feb 7, 2023
Kakao Corp of South Korea announced on Tuesday that it will acquire a 9.05 percent stake in SM Entertainment, the entertainment agency behind K-pop acts such as NCT and Aespa, for…
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