Business – Page 131 – Arab Daily Digital

2023 worst for tech employees

1,046 tech companies laid off more than 1.61 lakh employees in 2022…report Asian Lite News The year 2023 employees has become the worst year for tech as nearly 2 lakh tech employees

23 May 2023

Business·Tech Lite·Technology

IBM to invest $100 mn to build a 100,000-qubit supercomputer

By the end of 2023, IBM intends to debut three cornerstones of its necessary architecture for quantum-centric supercomputers….reports Asian Lite news Tech major IBM on Sunday announced a $100 million collaboration with

22 May 2023

Business·Tech Lite·Technology

Indian airline sector on to a smooth flight despite air pockets

The domestic passenger traffic for April 2023 is estimated at about 129 lakh, similar to about 128.9 lakh in March 2023, though 22 per cent higher in comparison to about 105 lakh

22 May 2023

Business

2K note withdrawal won’t increase gold demand

The RBI on Friday said that Rs 2,000 denomination notes to the value of Rs 3.62 lakh crore were in circulation as on March 31, 2023…reports Asian Lite News The decision of

22 May 2023

Business·India News

GreenLine joins hands with Nestle India

Commenting on this initiative, Sanjay Khajuria, Director, Corporate Affairs and Sustainability, Nestle India said, “We are accelerating our sustainability initiatives…reports Asian Lite News GreenLine, India’s first and only LNG-fuelled heavy trucking logistics

21 May 2023

Business

Zomato narrows net loss in Q4

Zomato now aims to get to positive adjusted EBITDA (and also profit after tax) on a consolidated basis (including quick commerce) within the next four quarters…reports Asian Lite News Online food platform

21 May 2023

Business

Wheels India ramps up production

Wheels India is looking at double digit growth to come back this year, though there is uncertainty in the overall global environment….reports Asian Lite News Automobile wheel major Wheels India Ltd has

19 May 2023

Business·Economy·India News

Kerala Startup Mission on top of world

KSUM received major accolades in the last five years, adding to the momentum of its incubation activities that accelerated the growth of nascent firms…reports Asian Lite News Kerala Startup Mission (KSUM), the

19 May 2023

Business·Kerala·STARTUPS News

Medtronic to expand base in Hyderabad

The fresh investment was announced when the minister met the company’s leadership team in New York….reports Asian Lite News Medtronic plc, the global leader in healthcare technology, has announced an investment of

19 May 2023

Business·Economy·India News

AWS to invest $12.7 bn into India’s cloud infra

This investment is estimated to contribute Rs 1,94,700 crore ($23.3 billion) to India’s total gross domestic product (GDP) by 2030….reports Asian Lite News Amazon Web Services (AWS), the Cloud arm of e-commerce

19 May 2023

Business·India News

Business - Page 131