admi

Economy News

Agri storage units to be set up at 65,000 villages

NABARD is currently providing financial support to PACS by refinancing them at highly subsidized rates of around 1%, after incorporating the 3% interest subvention under AIF scheme for projects up

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News Stock Market

Volkswagen to invest around 180 billion eur through 2028 – Handelsblatt

(Corrects to add missing “not” in paragraph 2) BERLIN (Reuters) -Volkswagen plans to keep investments in the coming five years stable at around 180 billion euros ($193.59 billion) between 2024

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News Stock Market

S P Apparels announces 100% stake acquisition  in Young Brand Apparel for 223 cr

SPAL aims to acquire a 51.33% stake directly from Bannari Amman in Young Brand Apparel Private Limited, and concurrently, the company plans to undertake the acquisition of a 49% stake

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News Stock Market

Bharti Airtel rises over 5% on robust Q3 profit

On Monday, the company reported its net profit at Rs 2,442.2 crore, an increase of 54% year on year. Shares of Bharti Airtel rose 5.6% to Rs 754.65 after the

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News Stock Market

Vodafone in ‘active’ Italy deal talks as German recovery slows

By Paul Sandle LONDON (Reuters) -Vodafone said on Monday it was in “active discussions” about a deal in Italy, its worst performing major market, as it reported a slowdown in

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News Technology

SAP to restructure 8,000 roles in push towards AI

SAP expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion. German software firm SAP SE unveiled a 2 billion euro ($2.17 billion)

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News Stock Market

Brokerage houses bullish on Tata Steel as Indian margins remain strong

When considering medium and long-term returns, the stock has surged over 10% in the last 6 months and 13.31% in the last one year. In the December quarter, Tata Steel

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News Stock Market

Musk’s X aims to hire 100 content moderators in Austin by end of year

By Sheila Dang (Reuters) – Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting

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News Stock Market

Sony ends $10 billion deal to merge India assets with Zee, plans legal action

By Nishit Navin and Chris Thomas BENGALURU (Reuters) -Japan’s Sony (NYSE:SONY) Group on Monday scrapped plans for a $10 billion merger between its Indian unit and Zee Entertainment which said it had

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Commodities News

Sugar output may be higher than 32.5 MT

The sugar output for the 2022-23 season was at 36.61 MT, which excludes diversion towards ethanol production. The country’s sugar production in the current season — 2023-24 — is likely

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