Business – Page 46 – Arab Daily Digital

SoftBank founder Masayoshi Son joins AI chip race

SoftBank may infuse $30 billion and can raise $70 billion from investment firms in the Middle East, reports Bloomberg, citing sources….reports Asian Lite News As the generative AI race heats up, SoftBank

18 February 2024

Business·Tech Lite·Technology

India Inc Seals $6.1B Deal Bonanza in January

The uptick in the deal activity was witnessed in private equity (PE) and presence of 2 billion-dollar investments worth $3.6 billion….reports Asian Lite News India Inc saw 142 deals worth $6.1 billion

16 February 2024

Business·Economy·India News

UP Invests Big in Religious Tourism

Varanasi leads the list with projects with 34 entries bringing in an investment of Rs 6,730 crore….reports Asian Lite News The sustained efforts of the Yogi Adityanath government in Uttar Pradesh over

16 February 2024

Business·Economy·India News

India’s exports rise 3% in Jan

The country’s merchandise imports also increased by 3.0 per cent in January 2024 to $54.41 billion but were lower than $58.25 billion in December 2023…reports Asian Lite News India’s exports rose by

16 February 2024

Business·Economy·India News

UiPath to Train 500K Indians in AI

UiPath is set to launch 50 automation skills’ labs across various colleges in the country…reports Asian Lite News Enterprise automation software company UiPath on Thursday announced to equip five lakh Indians with

16 February 2024

Business·Tech Lite·Technology

‘India on Track to Become Responsible AI Hub’

New research commissioned by the company found that about 59 per cent of enterprise-scale organisations in India have AI actively in use in their businesses….reports Asian Lite News India is on the

16 February 2024

Business·Tech Lite·Technology

Indian Banks: Growth Stalls, Margins Squeeze

State Bank of India, India’s largest bank by assets, posted lower net income after factoring in a 71-billion-rupee expense related to a wage bill increase…reports Asian Lite News Indian banks face a

15 February 2024

Business·Economy

‘FII Selling May Intensify on US Inflation Surge’

This expectation has received a jolt from the US CPI inflation numbers rising year on year to 3.1 per cent against expectation of 2.9 per cent….reports Asian Lite News A major catalyst

15 February 2024

Business·Economy·India News

Moove Raises $10M for India Expansion

The fresh capital will be utilised to scale the Indian fleet to over 5,000 and expand into new markets including Delhi, Pune and Kolkata…reports Asian Lite News Global mobility fintech startup Moove

15 February 2024

Business·Economy·India News

Cisco Plans Layoffs

The company employs about 85,000 people, meaning that the latest job cuts are expected to affect more than 4,000 employees…reports Asian Lite News Global networking giant Cisco has announced that it plans

15 February 2024

Business·Economy·Tech Lite

Business - Page 46