Category Archives: Business

Automotive Sensors Market Analysis By Industry Size, Share, Revenue Growth and Demand Forecast To 2027

The global Automotive Sensors Market is projected to reach USD 8,535.6 million by 2027, exhibiting a CAGR of 3% during the forecast period. A sensor is a type of transducer that detects differences in the environment caused by mechanical changes and transmits them as electrical or optical signals to their components. In automobiles, sensors are used to […]

Citi Retail Units Seen Fetching $6 Billion as Sales Kick Off

According to people familiar with the venture, Citigroup Inc. could make up to $6 billion, from the sale of retail banking assets in 13 markets across Asia-Pacific, Europe, and the Middle East as the lender moves forward with plans to fine-tune its global branch network. The sale process for Australia is the most advanced, and […]

Parle Products partners with IBM

In 1929, the Chauhan family of Vile Parle, Bombay founded a Parle Products company in British India. In 1939, the Parle company started producing biscuits. The company launched a publicity campaign in 1947, when India became self-employed to display their Gluco biscuits as an Indian alternative.  After products like the Parle-G biscuits and cold drinks like Goldspot, Thumbs Up […]

Facebook begins testing ads on Instagram Reels

Facebook has started testing publicity for Instagram Reels, a short video offering to help companies get involved with the respective audiences. Last year in July, Instagram revealed its new ‘Reels’ format in India, which enables users to create and share short videos.  Reels and other short video platforms have experienced strong user growth and spent […]

RBI action may ease India Inc’s borrowing cost in bond market

The cost of lending to Indian corporation in the bond market is set to ease, as the central bank is expected to take further steps to reduce yields after the Monetary Policy Committee (MPC) emphasized the necessary steps to simplify the rate curve. The Reserve Bank of India (RBI) on Friday cancelled an auction of […]

Markets will be centred on taxes and inflation in the coming week

The last week of April will be a busy one for stocks, with a Federal Reserve meeting, and a flood of earnings data. Inflation and taxation will remain hot topics in economies. President Joe Biden is set to unveil his “American Families Plan” and the tax hikes needed to fund it, which would include a […]

Facebook Introduces New Audio Features to Take on Twitter

Facebook Inc., a social media giant, is going big on the new audio features. The company has launched a host of audio-only features, that will be available on its core Facebook application in the coming months. The company’s primary goal is to build a central platform for audio content that can be hosted on the […]

Hero’s EV Company Is Bolstered By A Partnership With Gogoro

Hero MotoCorp’s newly announced strategic alliance with Taiwanese firm Gogoro Inc., can be considered one of the company’s most notable moves in recent years. In the coming years, it might help the company stay important in the competitive two-wheeler industry. The partnership will assist Hero in establishing a network of lithium-ion battery-swapping stations for two-wheelers […]

Weekly jobless claims in the United States fell to a 13-month low, while home prices fell

Last week, the number of Americans filing new unemployment claims dropped to a 13-month low, indicating that layoffs were subsiding and raising hopes for another month of record job growth in April, as the economy reopens and pent-up demand is released. Although the job market is improving, concerns are growing about the housing market, which […]

Essar Oil UK to raise 400 million to evade financial troubles

Essar Oil UK owner of Stanlow refinery said that they the company has successfully raised its finance, in order to replace the previous receivables facility. Essar Oil UK runs the Stanlow Refinery located on the south side of the Mersey Estuary near Liverpool. There is a strong negotiation going on between Essar Oil UK, controlled […]