[ad_1] The outlook looks foggy for Salesforce as the software giant adjusts to a new normal after years of record growth, according to Cowen. Given this backdrop, analyst Derrick Wood downgraded shares of the cloud platform provider to market perform from an outperform rating, saying...
[ad_1] The Indian startup ecosystem, which is in the midst of a funding winter, saw an uptick in investments this week, with a total of $565 million raised in 20 rounds, according to data provided by market intelligence platform Tracxn.Walmart-owned payment platform PhonePe, which raised...
[ad_1] The Finance Ministry on Friday asked banks to further increase credit penetration in aspirational districts and ensure availability of at least one banking outlet within 5 km of all inhabited villages. Progress of 112 Aspirational Districts under Targeted Financial Inclusion Intervention Programme (TFIIP) was...
[ad_1] Walt Disney-owned Star India's net profit for the fiscal ended 31st March 2022 has zoomed 74% to Rs 1,421 crore from Rs 816 in the previous fiscal.According to the company's financial data accessed by Tofler, the company's revenue from operations for the fiscal under...
[ad_1] Billionaire Mukesh Ambani's Reliance Jio is strongest brand in India and ranked ninth among the world's strongest brands, according to a report published by Brand Finance.This makes 'Jio' ahead of brands like EY, Coca Cola, Accenture and Porsche, and behind the likes of Google,...
[ad_1] A Cuban pilgrim participates in the San Lazaro procession at El Rincon church in Havana, on December 16, 2022.Yamil Lage | AFP | Getty ImagesAccusations of bribery, an imprisoned Cuban bank official and Interpol all feature in a high-stakes case against the Cuban government...
[ad_1] Formal jobs creation rebounded under the Employees’ Provident Fund Organisation in November last year registering a growth of 25.6% at 1.62 million net new subscribers added to it compared to 1.29 million added in October 2022, shows the provisional data by the labour ministry,...
[ad_1] The Bombay High Court on Friday rejected ride-sharing company Rapido’s appeal against a Maharashtra government order denying it a licence to operate bike taxis in the state.Justices GS Patel and SG Dige disallowed Rapido’s petition, saying it could not prove that the plea for...
[ad_1] Indian investors should consider plowing funds in high-yielding debt, as a strong economic recovery post the pandemic underscores the improving fundamentals of domestic businesses, a fund manager with DSP Mutual Fund said.As the COVID-19 pandemic disrupted the economy, investors shied away from lower-rated corporate...
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