Union Home and Cooperation Minister Amit Shah announced that the National Cooperative Exports Ltd (NCEL) has received orders worth Rs 7,000 crore and will share 50% of its profit with member farmers. The NCEL aims to help cooperative societies enter the global export market and produce goods that meet international standards. Shah also stated...
Read MoreSeattle-based trucking startup Convoy is shutting down its operations due to the “unprecedented freight market collapse” and “dramatic monetary tightening.” Despite securing $260 million in funding in 2022, Convoy was unable to withstand the pressures of the industry. The company’s co-founder and CEO, Dan Lewis, expressed gratitude to employees and acknowledged their excellent work...
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India’s top IT companies, including Infosys, Wipro, TCS, and HCLTech, are experiencing their slowest growth ever. Infosys is expected to report its slowest growth based on current guidance of 1-2.5%. The freeze on technology spending and challenging macroeconomic situation are major concerns.
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Reliance Industries, led by Mukesh Ambani, is reportedly close to a cash and stock deal to acquire Walt Disney’s India operations. The deal is expected to involve the sale of a controlling stake in Disney Star, valued at around $10 billion. Reliance values the assets at $7 billion to $8 billion. The acquisition, which...
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According to a senior police officer, the report indicated that the victim had been sitting in a park with a woman when two men arrived and attacked him, stabbing him multiple times.
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The Shiv Sena (UBT) and the chief minister Eknath Shinde-led Shiv Sena are all set to once again indulge in a show of strength with their Dussehra rallies in Mumbai on Tuesday.
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