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Business - Page 342

Jeff Bezos Invests in British Startup

Amazon Founder and CEO Jeff Bezos is reportedly investing in a British startup Beacon that aims to become a global logistics chain. According to Sky News, the world’s richest man is “taking
June 1, 2020

Mumbai Fuel Prices Hike Up

Petrol and Diesel prices in the economic capital of the country have been increased by Rs 2 per litre on Monday. Now, petrol will cost Rs 78.32 per litre to Mumbaikars while
June 1, 2020
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US Dollar Slips

The US dollar dipped in late trading on Tuesday as risk sentiment returned to the market amid a reopening world economy, subduing demand for the safe-haven currency. The dollar index, which measures
May 27, 2020

Media Rages as Indiabulls Sack 2,000

Indiabulls Housing Finance is said to have sacked around 2,000 employees amid a roaring social media controversy. The social media outpouring by the employees is streaming on Twitter with the hashtag #IndiabullsResign
May 22, 2020
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Amazon Steps in Delivery Ring

Sending a strong signal to Zomato and Swiggy who have been severely hit by Covid-19, ecommerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with
May 22, 2020

US Stocks take a Hit

US stocks dropped on Tuesday, dragged by a noticeable pullback in the energy sector. The Dow Jones Industrial Average decreased 390.51 points, or 1.59 percent, to 24,206.86. The S&P 500 fell 30.97
May 20, 2020

Businesses Adopt Microsoft Teams

The nationwide lockdown has made CEOs and CXOs, who were earlier against video calling, comfortable with Microsoft Teams in not just conferencing with customers but also doing actual collaborations and integrating business
May 20, 2020
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