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Category: Business Updates

Business Updates

Boeing asks airlines to inspect 737 Max jets for potential loose bolt

September 29, 2022By businessreputationdata

Boeing’s 737 Max jets were grounded worldwide for 20 months after two crashes in 2018 and 2019 killed a total of 346 people.

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Business Updates

Infosys signs five-year AI deal with $2 billion target spend

September 29, 2022By businessreputationdata

In today’s session, Sensex touched an intraday high of 67,007.02, while broader NSE Nifty50 touched 19,819.45.

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Business Updates

Sensex slips 256 pts, Nifty down to 19,254; Adani stocks lose, JioFin gains

September 29, 2022By businessreputationdata

Jio Financial Services remained the top gainer in both key indices, and ended over 3.50 per cent higher at Rs 240.90 on BSE. Stock exchanges said that the stock will be removed from indices after Friday’s trading session.

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Business Updates

Banks face stiff competition from mutual funds in mobilising capital

September 28, 2022By businessreputationdata

“Sales have started today at several points each in Delhi, NOIDA, Lucknow, Kanpur, Varanasi, Patna, Muzaffarpur and Arrah through NAFED and NCCF,” a statement by the government read.

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Business Updates

Byju’s appoints ex-upGrad chief Arjun Mohan as CEO for international business

September 28, 2022By businessreputationdata

Akasa Air is set to complete one year of flying next month, and in the words of Dube, “we have exceeded our expectations”.

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Business Updates

Standardised norms in offing to check AI systems, robustness

September 28, 2022By businessreputationdata

Once the norms are devised, companies deploying AI technologies would be rated on various parameters like the time taken to restore the system in the event of any hacking, malware or breakdown.

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Business Updates

Italy proposes bank tax to help people with interest rate hikes, sending stocks plunging

September 28, 2022By businessreputationdata

Transport Minister Matteo Salvini announced the tax at a Monday evening press conference, saying it was a measure of “social equity” to make up for a series of interest rate hikes from the European Central Bank.

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Business Updates

NLC India inks pact to supply 300 MW solar power to Rajasthan

September 28, 2022By businessreputationdata

State-owned NLC India (NLCIL) has inked a pact to supply 300 MW of solar power for 25 years to Rajasthan Urja Vikas Nigam under the CPSU scheme.

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Business Updates

Unilever’s venture capital arm invests in What’s Up Wellness

September 27, 2022By businessreputationdata

The funding round also saw participation from a few of What’s Up Wellness’ existing investors, it said.

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Business Updates

SEBI chief urges investors to take long-term view of markets to beat inflation rate

September 27, 2022By businessreputationdata

SEBI’s study, released in January this year, stated that 90 per cent of the active traders incurred average losses of Rs 1.25 lakh during FY22.

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