Infrastructure Development
4 min read
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Stock market today: BSE Sensex rises 450 points; Nifty50 above 23,300

January 16, 2025
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Market experts indicate that upcoming US CPI and retail sales data, alongside Q3 earnings reports, will influence market direction. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex rose 450 points, Nifty50 was above 23,300. At 9:25 AM,

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Infrastructure Development
6 min read
11

Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund

January 16, 2025
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Jeffrey Epstein’s once vast estate — art, jewelry, lavish properties and investments — was meant to be drained by settlements to his many sexual abuse victims and payments to resolve other legal claims. But now it appears that two of his most loyal business associates, who are serving as executors

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Infrastructure Development
4 min read
9

JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

January 16, 2025
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Worried about the economy? You must not run a major bank. A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial results on Wednesday that beat analysts’ expectations, and largely expressed a go-go attitude about what’s ahead after President-elect Donald

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Infrastructure Development
3 min read
10

Jio Finance in talks for maiden debt sale

January 16, 2025
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Jio Finance, a shadow lender owned by Asia’s richest businessman Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.The company is expected to tap the market – either through a loan or bond

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Infrastructure Development
3 min read
11

Small town gaming spends rise 16x in 5 years

January 16, 2025
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MUMBAI: Spending on online gaming in smaller towns has surged 16 times between 2019 and 2024, according to a white paper on payments by Visa.The trend points to rising influence of digital consumption across India’s non-metropolitan areas. Consumers in smaller towns are increasingly spending on digital services, including gaming, online

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Infrastructure Development
4 min read
14

Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

January 15, 2025
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The government of Albania has given preliminary approval to a plan proposed by Jared Kushner, Donald J. Trump’s son-in-law, to build a $1.4 billion luxury hotel complex on a small abandoned military base off the coast of Albania. The project is one of several involving Mr. Trump and his extended

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Infrastructure Development
4 min read
9

‘Electrics to be 50% of scooter market in 5 years’

January 15, 2025
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NEW DELHI: Hero Moto, the country’s largest two-wheeler maker, has said that electrics will become 50% of the scooter market by 2030 even though leadership in the category will be like “Russian roulette” in the short-term as newer and older players fight for market share.Niranjan Gupta, CEO of the company,

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Infrastructure Development
3 min read
10

U.S. Sues Southwest Airlines Over Chronic Delays

January 15, 2025
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The federal government sued Southwest Airlines on Wednesday, accusing the airline of harming passengers who flew on two routes that were plagued by consistent delays in 2022. In a lawsuit, the Transportation Department said it was seeking more than $2.1 million in civil penalties over the flights between airports in

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Infrastructure Development
3 min read
13

ShareChat lays off 30 employees

January 15, 2025
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BENGALURU: Google-backed regional content platform ShareChat sacked 30 employees after a recent performance review, reducing the employee count to about 550 people, sources told TOI. The company gradually reduced its workforce over the years. At its peak, it had about 2,700 employees. Source link

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Infrastructure Development
3 min read
8

TikTok Says U.S. Employees Will Have Jobs Even if the App Is Banned

January 15, 2025
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TikTok sought to assure its U.S. employees on Tuesday that they will still have jobs next week even if the Supreme Court upholds a law that would see the video app banned in the United States on Sunday. The message is a shift in tone from TikTok, which has otherwise

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