Business

K-Labs will see an investment of $ 15 mn (about Rs 120 crore) to build new generation products combined with ML and AI.

tsQs Inc VP Sridhar Bojja said we intend to go for campus recruitments and expand our offshore footprint to the neighbouring States as well.

In an email to employees, Bhutani said that most impacted roles are in the US, affecting multiple levels in the company and every division.

Index of industrial production fell to 4.3 per cent in December 2022, according to a data released by the Ministry of Statistics on Friday

In an interaction with Axios, Yahoo CEO Jim Lanzone said that these changes will be "tremendously beneficial for the profitability of Yahoo overall".

The stocks of Adani Group companies will also be in focus as index provider MSCI Inc has reduced the weightage of four firms in its index after a review.

Besides, sustained foreign fund outflows and elevated crude oil prices in the international market weighed on the domestic unit, forex traders said.

Online food platform Zomato's consolidated loss widened to Rs 346.6 crore for the quarter ended December 31

Involves Rs 1,000-cr investment and will create employment for 800-1,000 people

Starting this month, it will be available in Andhra Pradesh, Telangana, Karnataka and Tamil Nadu

"I do not make this decision lightly. I have enormous respect and appreciation for the talent and dedication of our employees worldwide and I am mindful of the personal impact of these changes," said Iger.

Providence President and Chief Executive Officer Dr Rod Hochman, Chief Information Officer BJ Moore and its India Head Murali Krishna met Rama Rao Wednesday.

The company's comments came a day after Gandhi alleged in Lok Sabha that "Mumbai airport, was taken away from GVK using agencies such as the CBI and the ED, and was given to Adani by the Government of India".

Wednesday's MPC meeting is the last one for this fiscal.

However, investors remained concerned over rising crude prices in the overseas markets and persistent foreign capital outflows, forex traders said.

The 30-share BSE Sensex jumped 360.77 points or 0.60 per cent to 60,646.81 points, while the broader NSE Nifty climbed 121.60 points 0.69 per cent to 17,843.10 points in early trade.

The CAGR of GVA by the services sector in the State was 12.81% between 2014-15 and 2022-23, 2.36 percentage points higher than the All-India average of 10.45%.

Adani Enterprises opened on a weak note at Rs 1,597.95, then fell further to Rs 1,433.60, registering a fall of 9.50 per cent over its previous close. It was later trading at Rs 1480.65, down 6.54 per cent on BSE.

The State government gave priority to infrastructure development and public welfare in the latest budget.

Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said.

Besides, a weak rupee against major rivals dented the domestic equity market sentiments, traders said.

The 'IdeaPad 1' comes in Cloud Grey colour and will be available at Lenovo Exclusive stores, Lenovo.com, Amazon and across large retail stores, from February 8 at a starting price of Rs 44,690, the company said in a statement.

The exports of the country during the same period stood at $ 24,594.27 million, which is just $ 150 million more than fiscal year 2020-21.

In the analysts' call after posting its quarterly results, Cook said late on Thursday that looking at the business in India, "we set a quarterly revenue record and grew very strong double digits year over year and so we feel very good about how we performed".