The demand for office space by global capability centres in India is set to rise, with projections reaching 26.1 million square feet by 2027. Karnataka’s capital Bengaluru leads this growth, hosting 42% of the current 240 million square feet occupied by GCCs, emphasizing India’s role in technology development and innovation.
Read MoreBSNL has seen significant subscriber growth over the past two months, attracting users due to lower tariffs following tariff hikes by private telecom companies. In July and August, BSNL gained millions of new users while competitors like Jio, Airtel, and Voda Idea lost subscribers. BSNL’s low Average Revenue Per User is partly because it...
Read MoreThe independent expert group urged faster reforms for multilateral development banks, like the World Bank and Asian Development Bank, to mitigate global risks. They stressed that the current pace and ambition fall short, and emphasized the need for shareholders to accelerate progress to meet the required goals.
Read MoreCommerce and industry minister Piyush Goyal clearly states that the EU’s insistence on dairy sector concessions could jeopardize the proposed trade agreement. He emphasizes that issues like labour and climate change should be discussed at international forums, not within trade deals.
Read MoreIndiGo faced a Rs 986.7 crore loss in Q2 July-Sept quarter, ending a streak of seven profitable quarters. The loss is attributed to high fuel costs and a high number of grounded planes due to Pratt & Whitney engine issues. Despite the losses, the airline’s revenue grew by 14.6% YoY.
Read MoreIndia’s foreign exchange reserves fell to $688.2 billion by Oct 18, marking a third consecutive week of decline with a drop of nearly $2.2 billion. The decline follows a $14.5 billion decrease over the previous two weeks, partly offset by a $1.8 billion rise in gold holdings.
Read MoreNvidia has surpassed Apple to become the world’s most valuable company, thanks to a remarkable surge in demand for its advanced AI chips. Nvidia’s market value briefly hit $3.53 trillion, edging out Apple’s $3.52 trillion. The rally follows significant gains and strategic partnerships, including a recent funding round by OpenAI and strong profit reports...
Read MoreSatya Nadella, Microsoft’s CEO, saw a 63% jump in his FY24 compensation, reaching $79.1 million, largely fueled by stock awards amid the company’s valuation exceeding $3 trillion. Despite this, Nadella requested a reduction following multiple cybersecurity breaches. The company’s shares rose by 31.2% by June 30, 2024.
Read MoreOctober 26, 2024, brings mixed outcomes for Capricorns. Financial relief is expected as blocked money is recovered, but emotional challenges may arise. Caution is advised in relationships and while traveling. Students should focus on their academics, and professionals must remain determined despite dissatisfaction. Prioritize mental and physical health.
Read MoreNorth Korean troops are set to be deployed by Russia in Ukraine this weekend, escalating the conflict and raising global tensions. Ukrainian intelligence reports about 12,000 North Korean soldiers, including officers and generals, being prepared for combat, with initial deployments likely in the Kursk region.
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