Business news Archives

India to be global submarine building hub? Germany’s Thyssenkrupp eyes P75I contract, offers to make submarines here

UserDecember 13, 202403 mins

TKMS is competing for a contract to build six diesel-electric submarines for the Indian Navy. Indian Navy submarines: Naval manufacturing demands have surged due to recent conflicts, presenting India with an opportunity to establish itself as a global hub for submarine and warship construction at competitive costs, according to Germany’s premier maritime firm.Thyssenkrupp Marine Systems…

India shouldn’t build another LLM: Nandan Nilekani

UserDecember 12, 202402 mins

BENGALURU: Nandan Nilekani said he stands by his view that India need not spend resources building another large language model (LLM). He was responding to a question from us on the view expressed recently by Google Research India director Manish Gupta that India will benefit from building a foundation model.“Foundation models are not the best…

Mark Cuban Says He Isn’t ‘Trying to Go to Mars’

UserDecember 12, 202404 mins

At WIRED’s “The Big Interview” event earlier this month, Cost Plus Drugs founder and “Shark Tank” star Mark Cuban was asked why he doesn’t make more profit at his low-price drug company. “You’re pretty clear that you are not doing this for altruistic reasons — you’re running a business,” noted the event moderator. “Well, I…

Kevin O’Leary: This Is How and When To Fire Someone

UserDecember 12, 202404 mins

Kevin O’Leary says that firing someone is the most challenging aspect of leadership. Luckily the “Shark Tank” star and multimillionaire entrepreneur has some tips for firing effectively. In a social media clip posted to Instagram on Thursday, O’Leary outlined how he thinks about firing someone and how he goes through with it. The clip appears…

Why Meta Donated Million to Donald Trump’s Inaugural Fund

Why Meta Donated $1 Million to Donald Trump’s Inaugural Fund

UserDecember 12, 202405 mins

Meta is working to build a good relationship with President-elect Donald Trump and made a sizable donation to prove it. Meta confirmed to the Wall Street Journal on Wednesday that it has donated $1 million to Trump’s inaugural fund. The donation is new ground for Meta; according to Bloomberg, the company did not make a…

Meta Outage, TikTok Ban Has Creators Building Email Lists

UserDecember 12, 202404 mins

Meta confirmed that its services were down on Wednesday just before 2 p.m., with the mass outage affecting most of its products, including Instagram, Facebook, WhatsApp, Threads, and Facebook Messenger. We’re aware that a technical issue is impacting some users’ ability to access our apps. We’re working to get things back to normal as quickly…

Jewellery startup BlueStone files for Rs 1,000 crore IPO

UserDecember 12, 202403 mins

BENGALURU: Bengaluru-based BlueStone Jewellery and Lifestyle, which offers contemporary diamond, gold, platinum, and studded jewellery under an eponymous brand, on Thursday filed for an initial public offering to raise Rs 1,000 crore ($118 million as per current exchange rates).The IPO also included an offer-for-sale (OFS) component for BlueStone’s investors Accel India, Saama Capital, Kalaari Capital…

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

UserDecember 12, 202406 mins

NEW DELHI/MOSCOW: Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said. The 10-year agreement amounts to 0.5% of global supply and is worth roughly $13…

The Best Companies for Work-Life Balance: Employee Reviews

UserDecember 11, 202404 mins

According to the U.S. Bureau of Labor Statistics, full-time workers spent an average of 8.49 hours per day at work in 2023. For those looking for companies with the best work-life balance, a new study conducted by Hennessey Digital examined Glassdoor data in the U.S. to find top employers. The researchers narrowed down employers to…

What the CPI Report Means Rate Cuts: EY, JPMorgan Experts

UserDecember 11, 202404 mins

New data from the U.S. Bureau of Labor Statistics (BLS) out Wednesday showed that consumers paid 2.7% more for essentials like shelter, food, and energy in November compared to the same time last year. The Bureau reported that the consumer price index (CPI), a key measure of inflation and price changes, rose by 0.3% from…

About Editor

Hillan Leo

Find Me On

Latest News

Global News

News

Business

Entrepreneurship

News

Politics

News

Politics

Business

Marketing & Advertising

Tag: Business news

India to be global submarine building hub? Germany’s Thyssenkrupp eyes P75I contract, offers to make submarines here

India shouldn’t build another LLM: Nandan Nilekani

Mark Cuban Says He Isn’t ‘Trying to Go to Mars’

Kevin O’Leary: This Is How and When To Fire Someone

Meta Outage, TikTok Ban Has Creators Building Email Lists

Jewellery startup BlueStone files for Rs 1,000 crore IPO

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

The Best Companies for Work-Life Balance: Employee Reviews

What the CPI Report Means Rate Cuts: EY, JPMorgan Experts