Indian PM Narendra Modi meets tech CEOs during his stay in New York
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Led by tech stocks, Dow Jones jumps 500 points, S&P 500 hits record high after US Fed rate cuts
Meanwhile, the S&P 500 climbed 1.7 percent, closing above 5,700 for the first time in its history.
Brazil bans X after Elon Musk refuses to abide by local laws, slams Supreme Court
X chief Elon Musk calls Alexandre de Moraes an “evil dictator cosplaying as a judge.”
Singapore Airlines gets FDI nod from Govt of India for Vistara-Air India merger; set to own 25.1% stake by end-2024
With the FDI clearance in place, the merger that will see Singapore Airlines acquiring a 25.1 per cent stake in Air India is expected to be completed by the end of 2024. The proposed merger was announced in November 2022.
Some private US banks may link with India’s real-time digital payment network UPI, says Federal Reserve Board official
He suggested that linking with UPI could offer a possible solution to these issues.
As Starbucks replaces Indian-origin head Laxman Narasimhan by Chipotle’s Brian Niccol, spotlight is on rapid CEO firing in US firms
Starbucks replaces Indian-origin head Laxman Narasimhan by Chipotle’s Brian Niccol
Former YouTube CEO Susan Wojcicki, whose garage served as Google’s office, dies at 56 after battling lung cancer
Former YouTube CEO Susan Wojcicki dies at 56
Indian American judge rules Google’s online search monopoly is illegal
US judge gives major decision on Google’s internet search monopoly
Singapore Police recover USD 40+ million in joint ops with Interpol and Timor-Leste
The scam victim, a commodity firm based in Singapore, lodged a police report stating that it had fallen prey to a case of business e-mail compromise scam.
Intel to reduce workforce by 15 percent, 15,000 employees to lose jobs
Intel said it’ll announce a companywide enhanced retirement offering for eligible employees and broadly offer an application program for voluntary departures next week.
