New Delhi, July 6 : Leaving the Ashneer Grover controversy behind, fintech platform BharatPe has closed one of the highest growth quarters in its history, facilitating over Rs 3,600 crore in loans in the first quarter (April-June period) of FY23. This is a growth of 112 per cent over the last […]
Category: Business
Fired Tesla workers seek emergency protection from US court
San Francisco, July 6 : A team of lawyers representing former Tesla employees, who were laid off last month as Tesla announced plans to cut 10 per cent of its salaried workforce, have sought emergency protection from a US court for the fired workers. In a motion filed in the US District Court […]
LG get $6.1 bn worth order for EV parts in 2022 1st half
Seoul, July 5 : LG Electronics said on Tuesday it has secured 8 trillion won ($6.1 billion) worth of new orders for electric vehicle (EV) parts and solutions in the first half of this year, a sign that its new growth engine is gaining ground. While the South Korean tech company did not reveal […]
Samsung likely to log $11 bn in profit on robust chip biz in Q2
Seoul, July 5 : Samsung Electronics is expected to report more than 15 percent rise in operating profit for the second quarter, helped by strong semiconductor business despite slowing demand for smartphones and home appliances, a report showed on Tuesday. The world's largest memory chip maker […]
Trade deficit, capital outflows Indian rupee: USD to be at Rs.78.50-80: Kotak Securities
Chennai, July 5 : High crude prices and relatively strong domestic demand weighed on India's June trade deficit at $25.6 billion, said Kotak Securities. In a research report, Kotak Securities said with risks of global slowdown and correction in global commodity prices, exports could soften fur […]
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