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Mphasis on Tuesday announced the appointment of Ajay Arya as the head of mergers & acquisitions (M&A), the company said in a regulatory filing. “Ajay will be based in New York and lead the entire process, including strategy, evaluation, deal sourcing, negotiation, diligence management and post-merger integration,” the company said. Mphasis has completed nine acquisitions with an average acquisition amount of $71.8 million, accoridng to data and market research platform Tracxn. Its most active year was 2023, with two acquisitions, and it has averaged nearly one acquisition per year over the past three years.

Peter Thiel predicted that the U.S Presidential Elections of 2024 are not even going to be close and a single side between the Democratic Party and the Republican Party is simply going to collapse and bite off the dust. The Business Insider reported that the pretty conservative tech billionaire Peter Thiel asserted that either the camp of Vice President Kamala Harris will burst or the supporters of Donald Trump might not even show up while getting really demotivated, as per a report. Peter Thiel added that previously he believed that the result of the U.S Presidential Election was going to be close but now he believes, that will not be the case as a pro Donald Trump supporter, saying that evidently most of the U.S Presidential Elections on American soil were not even close, though, Presidential Elections of 2016 and 2020 was an exception, Business Insider reported. Also Read: This time is Iowa going to Harris? She trails Trump by just 4 points in the red-leaning state

According to a Newsweek report, with almost 50 days remaining for the US presidential polls, things are going Donald Trump's way, or so it seems, looking at the fact that the key swing states are still in his favor, as per some latest poll surveys.

US industrial production surged in August as motor vehicle manufacturing bounced back after plummeting in July, the Federal Reserve said Tuesday, shortly before kicking off a two-day meeting on interest rates. Total industrial output exceeded expectations to rise by 0.8 percent last month from a revised 0.9 decline in July, the US central bank said in a statement, pinning much of the rise on «a recovery in the index of motor vehicles and parts.» The index «jumped nearly 10 percent in August after dropping roughly 9 percent in July,» it added. The July data was affected by the larger-than-expected impact of Hurricane Beryl.

interest rate cut and commentary, settling in the green for the second straight session. Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.

Subscribe to enjoy similar stories. In 2022, an unusual case came across the desk of Erin West, a California prosecutor who specializes in cybercrime. The victim was a 30-year-old man who thought he had met his soul mate on a dating app until he realized he had been conned out of $300,000.

The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of Americans being locked out of their accounts.

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate

Donald Trump was asked a series of questions pertaining to his vision of cryptocurrency and its impact in the US and global economy, the former US President was seen faltering multiple times, and appeared to be trying to deviate from the topic, as per a report by Daily Express US.

The U.S. Attorney’s office in Boston says two men are being charged with illegal smuggling and conspiring to violate export controls by sending equipment to Russia's nuclear energy industry

Water on an Alaska Airlines flight from Hawaii to Alaska entered the cabin from a flooded bathroom, crew tried to mop it up. (Credit: Dustin Parker/Facebook)

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection

Trade unions and thousands of disgruntled workers are demonstrating in the Belgian capital to protest the threat of massive layoffs in a state-of-the-art Brussels car factory and other key industries

The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September

The federal government is warning that allowing people to bet on the outcome of U.S. elections poses too much of a risk to be allowed in the United States

Venezuela’s main opposition coalition has urged the U.S. to cancel licenses for Chevron and other energy companies

Meta is banning Russia state media organization from its social media company platforms, alleging that the outlets used deceptive tactics to amplify Moscow’s propaganda

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak

TikTok faced off with the U.S. government in federal court on Monday, arguing a law that could ban the platform in a few short months was unconstitutional

A Native American tribe is trying to persuade a U.S. judge to extend a temporary ban on exploratory drilling for a lithium project in Arizona

Germany could be contributing to Bitcoin’s recent decline, with the government revealing that it has started auctioning off approximately €2.5 billion of bitcoin which it seized at the start of the year from Movie2K, a defunct pirated films website.