Among the several deals that have fallen apart recently, Adobe’s $20 billion takeover of Figma, an upstart design software maker, is among the most instructive. The companies had promised it was a way to “usher in a new era of collaborative creativity,” but regulators in three jurisdictions saw it as an unacceptable effort by a…
Read More “Figma’s C.E.O. Laments Demise of $20 Billion Deal With Adobe” »
Infosys, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing salary revisions. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for technology services worldwide.According to sources quoted by ET, the salary revisions, which are…
In one incident from August 2023, the self-driving car hit someone at 1.4mph, while in the other incident, from October, the driverless car dragged a woman who had been thrown into its path after getting hit by another car, which was being driven by a person. Source link
KARACHI: Saudi Arabia’s Aramco Tuesday signed an agreement to acquire a 40% equity stake in a Pakistani gas and oil company, said a statement from the Saudi company. Aramco Executive Vice President of Products & Customers Yasser Mufti, Chief Executive Officer of Lahore-based Gas & Oil Pakistan Ltd. (GO) Khalid Riaz signed the agreement. The…
Read More “Saudi Aramco to buy 40% stake in major Pakistani oil company | The Express Tribune” »
Petrol and diesel prices in Pakistan are poised to experience a reduction in the upcoming week, with reports indicating a noteworthy decline. The anticipated decrease amounts to Rs13 per litre for petrol and an even more substantial reduction of Rs15 per litre for diesel, slated for implementation on December 16, pending approval in the fortnightly…
Last Updated: December 08, 2023, 10:08 IST RBI MPC Meeting December 2023: Reserve Bank of India (RBI) on Friday, December 8, kept repo rate unchanged, maintaining status quo on the previous policy. RBI Governor Shaktikanta Das said that the monetary policy committee has decided to keep repo rate at 6.5 per cent unanimously. With RBI…
Read More “RBI Keeps Repo Rate Unchanged, Home Loan EMIs Likely to Remain The Same – News18” »
The RBI’s monetary policy committee on Friday decided to keep the repo rate unchanged at 6.5 per cent, unanimously. This is the fifth time in a row that the central bank has paused the key interest rates. The RBI has raised the FY24 GDP projection to 7 per cent, from 6.5 per cent earlier. It…
New Delhi: In a significant move to enhance the work-life balance for banking professionals, India’s banking sector, through the Indian Banks Association (IBA), has put forth a proposal to declare all Saturdays as banking holidays. The union finance ministry confirmed this proposal in Parliament, shedding light on the potential shift from the current two Saturdays off…
Read More “Banks Will Open Five Days In A Week? Check What Banking Association Has Demanded” »
The Big 12 Championship game between the Texas Longhorns and the Oklahoma State Cowboys on Saturday delivered the kind of controversy-mired barn burner that inspires legions of college football fans to pack stadiums and jam sports bars every weekend. But the real competition, it turned out, was not between the football teams (Texas won a…
Read More “Dr Pepper Awards Two $100,000 Scholarships to Correct Halftime Blunder” »
MUMBAI: In the July to August period, which is considered a lean period for air travel, demand for flights from solo women travellers went up by six percent as compared to the April to June period, according to the latest travel trends report released by online travel company, Cleartripon Friday. Bangkok emerged as the preferred…
