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Lip-Bu Tan has been chosen to be Intel’s new CEO, starting March 18, 2025. The news comes at a time when the company is still trying to get back on top of the semiconductor business after years of setbacks. After the news came out, Intel’s stock went up 12% during late trade. Who is Lip-Bu
Blinkit and Zepto, two quick commerce platforms, are raising their fee rates to make more money in a market where competition is growing and people want to make money. The Economic Times says that both businesses have changed how they pay their employees, which affects both users and brands. Blinkit and Zepto Raise Commissions to
India’s green energy industry is growing quickly, and the use of solar power has grown a lot in the last few years. ACME Solar Holdings Ltd. has set a big capital expenditure (Capex) goal of Rs 17,000 crore to increase its renewable energy capability. The company wants to produce 5 GW of solar power by
The aerospace and defence company Bharat Electronics Limited (BEL), which is owned by the government, has announced an intermediate dividend for the fiscal year 2024-25. At a meeting on March 5, 2025, the company’s board of directors agreed to pay the payment. BEL Interim Dividend 2025 Details A 150 percent dividend on each stock share,
Once more, Cognisant Technology Solutions Corp. has pushed back salary increases, this time to August 2025. For workers who usually get their raises in March, this is the second delay in more than five months. Key Announcements from CEO S Ravi Kumar There will be a pay rise on August 1, 2025, instead of March.
The shares of Jio Financial Services Ltd (JFSL), a company owned by Reliance Industries, fell below Rs 200 for the first time since July 2023, when they were split off. In one trade day, on Monday, the stock fell over 4% and hit an all-time low of Rs 198.65. Jio Financial Share Price Hits All
Reliance New Energy Ltd., a part of Reliance Industries, could be fined for not building a battery cell factory as part of Prime Minister Narendra Modi’s plan to make India less reliant on imports. Bloomberg said that people who know about the situation said the company could face fines of up to Rs 125 crore
On March 4, in New Delhi: A big American bank called Wells Fargo sold 106.62 crore worth of ITC Ltd shares on the open market, according to records from the National Stock Exchange (NSE). It was done through Wells Fargo Emerging Markets Equity CIT, and 26.55 lakh shares of ITC were sold at an average
The stock price of ITC, one of India’s biggest FMCG (Fast-Moving Consumer Goods) companies, has dropped by almost 14% so far this year. Investors are worried about this drop, especially since the company plans to pay out a huge 650% interim bonus by March 6, 2025. ITC Stock Faces Pressure Amid Concerns Concerns about a
In the third quarter of FY25, from October to December 2024, India’s economy grew by 6.2%. This was faster than the 5.6% growth seen in the previous quarter, from July to September 2024. According to the most recent figures from the National Statistics Office (NSO), the growth was caused by more spending by consumers and