Strategy Financial News

23.01 / 14:15
markets Manufacturing Platform Strategy Mobile Experts Ola, Uber, Zepto in hot water for charging iPhone users more
Ola and Uber on Thursday were issued notices by the Central Consumer Protection Authority (CCPA) for pricing services differently based on users' mobile phones. This comes days after quick commerce platform Zepto was in the news for a similar issue.
23.01 / 14:15
markets Digital Platform Strategy PAM social reports Why is ChatGPT down for millions? OpenAI responds to downtime
OpenAI's AI chatbot, ChatGPT, is currently experiencing a global outage, leaving users unable to access the service via the web or app. The outage began around 5 PM IST, according to Downdetector, which has received over a thousand reports from users about the service not working properly. Users have also reported issues with the chatbot on the social media platform X.
23.01 / 14:15
markets UPS Manufacturing Strategy Food PAM Demand remains soft, Budget needs to leave more money in hands of consumers: Pidilite MD Designate
Budget 2025: Overall demand continues to remain soft as inflation of food, educational and telecom expenses put pressure on disposable income of the average Indian, and steps to leave more money in their hands in the upcoming Budget will be a welcome move, Pidilite Industries Ltd Managing Director Designate, Sudhanshu Vats said on Thursday. Addressing a virtual conference call, he said,«We are beginning to see a little bit of uptick in rural (markets) but we've got to see the same coming up all across.»
23.01 / 14:15
markets Digital Strategy Experts Universities PAM stage Ujjivan board okays move to universal banking plan, bank to apply for licence soon
Ujjivan Small Finance Bank has said it would shortly apply to the Reserve Bank of India for a transition to a universal bank. The Ujjivan board approved the plan Thursday.
23.01 / 14:15
markets Strategy President Celebrity PAM stars Donald Trump and wife Melania mark 20 years of marriage; here's who attended and how they celebrated
Melania Trump's wedding reappears as they celebrate 20 years of marriage. On Wednesday, President Donald Trump and First Lady Melania Trump celebrated their 20th wedding anniversary.
23.01 / 13:53
markets UPS Strategy Fishing PAM Videos Loneliness almost broke this fish at Japan aquarium until staff found a creative fix; Viral video will leave you smiling
Kaikyokan Aquarium, where a sunfish’s unusual behaviour caught everyone’s attention. The poor fish wasn’t its usual lively self, and the staff soon realised that loneliness was the surprising culprit. Their creative solution? Human face cutouts!
23.01 / 13:53
markets COST Strategy Analysis Moodys Trade Experts TCS, Infosys set to gain from sliding rupee; Bharti Airtel, Ola's parent brace for challenges: Moody's
Tata Consultancy Services (TCS) and Infosys stand poised to benefit from the weakening rupee, while Bharti Airtel and ANI Technologies, Ola's parent firm, face challenges as their dollar-denominated debts rise in cost. A Moody’s report highlighted the divergent fortunes of Indian corporates amid the rupee’s sustained decline. As the rupee continues its downward slide, losing over 20% against the U.S. dollar since 2020, TCS and Infosys, both rated “Baa1 stable" by the ratings agency Moody’s, are well-positioned to capitalize on the currency depreciation. Their revenues are largely denominated in dollars, while costs are incurred in multiple currencies, including the rupee, giving them a natural advantage as the rupee weakens, Moody’s said.
23.01 / 13:01
markets UPS Strategy Bill President NATO chief Mark Rutte says Europe will pay for US arms for Ukraine
NATO Secretary General Mark Rutte on Thursday urged the United States to keep supplying Ukraine with weapons to fight Russia's invasion and said he was sure Europe was ready to pay the bill.
23.01 / 13:01
markets Digital Strategy economy Experts PAM Is Russia's finances on the brink? Some economists are judging its economy by looking at Moscow from space; here's how
Elisabeth Svantesson, nighttime satellite photos of Russia's capital is being used to understand the latest standing of the Russian economy.
23.01 / 13:01
markets Digital Strategy Experts PAM stage reports ChatGPT down for thousands of users
Tech giant OpenAI’s AI chatbot ChatGPT was hit by a global outage on Thursday, with thousands of users reporting trouble accessing the application and the website.
23.01 / 12:37
markets Waters Strategy SPY President PAM Kremlin declines comment on alleged 'spy ship' in UK waters
Kremlin declined on Thursday to comment on UK accusations that a "Russian spy ship" passed through British waters, a day after London issued a warning to President Vladimir Putin.
23.01 / 12:37
markets Digital Strategy Experts PAM social Interviews Satya Nadella definitely has the money: Musk continues attack on Stargate project
Elon Musk expressed confidence that Microsoft chief executive officer (CEO) Satya Nadella “definitely has the money” to invest in the $500 billion artificial intelligence (AI) project by the Donald Trump administration. This comes a day after Musk said SoftBank and OpenAI, who committed to deploying $100 billion in the project right away, “don’t have any money”.
23.01 / 12:37
markets Digital Manufacturing Strategy Experts PAM stage Tata Investment Corp acquires office space in Mumbai’s Wadala for Rs 150 cr
Tata Investment Corporation has acquired office space spread across two floors in a commercial tower in central Mumbai’s Wadala locality for nearly Rs 150 crore.
23.01 / 12:37
markets Digital Platform Strategy Experts PAM innovations Edtech firm Bambinos aims Rs 100 crore in annual recurring revenue in 2025
Bambinos Learning Solutions aims for an annual recurring revenue of Rs 100 crore by the end of 2025 on the back of a major expansion plan and innovative product launches.
23.01 / 12:37
markets Manufacturing Strategy PAM country inclusion information Inclusive growth key pillar of India's economic blueprint: Ashwini Vaishnaw
Ashwini Vaishnaw said on Thursday. Speaking at a session during the World Economic Forum Annual Meeting here, the minister said inclusive growth remains a key pillar of the country's economic blueprint, alongside continued focus on manufacturing, services and simplification of laws.

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