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IndiaTV Business: Google News Feed: Digest for February 10, 2023

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IRB Infra fixed record date for stock split, stock up 3%

Tuesday 07 February 2023 04:32 AM UTC+00
Shares of IRB Infra on Tuesday climbed more than 3 per cent in early morning deals on the back of the announcement of the record date for the sub-division of equity shares. The counter quoted Rs 277 apiece on NSE, up 3.50 per cent from the previous close of 267.35.

After tech giants, Boeing plans to cut about 2,000 jobs in 2023

Tuesday 07 February 2023 06:39 AM UTC+00
Layoffs continue:  After tech giants like Google, Microsoft, Meta, now aerospace company Boeing announces that it will make staffing cuts in 2023. 

Housing prices across top 8 cities last year rose by 7%: Report

Tuesday 07 February 2023 02:51 PM UTC+00
Housing prices increased by an average of far as a result of rising building costs and stifled demand. The Real Insight report states that in comparison to the year 2021, the average home price in eight major cities rose by 7% last year, reaching between Rs 6,700 and Rs 6,900 per square foot.
Vodaone-Idea have allocated around Rs 16,133 crore worth shares amounting to 33.44 per cent stake to the government against interest dues, according to a filing report.

PhonePe launches UPI international service in 5 countries

Tuesday 07 February 2023 04:14 PM UTC+00
Financial firm PhonePe announced on Tuesday that its users across five countries will now be able to make payments via Unified Payments Interface (UPI) system. These countries include UAE, Singapore, Mauritius, Nepal and Bhutan.
Layoffs in IT sector: The video-conferencing service company Zoom joined the IT giants that announced trimming headcounts citing economic slowdown and uncertainty ahead. The year 2023 unleashed a wave of shocking layoffs for employees working in the tech industry. Around 50,000 job cuts were announced in January alone, and there doesn't appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs. 
RBI interest rate: The Reserve Bank of India, on Wednesday, announced to hike the interest rate by 25 BPS to 6.5%, citing sluggish core inflation. The hike in the repo rate is also set to further increase home, car loans and EMIs. 
Amid a political slugfest between Opposition parties and the ruling Bharatiya Janta Party (BJP), shares of most of the Adani group firms gained in late morning trade on Wednesday. The flagship company Adani Enterprises jumbed by 13 per cent.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.

PhonePe launches UPI international service in 5 countries

Tuesday 07 February 2023 04:14 PM UTC+00
Financial firm PhonePe announced on Tuesday that its users across five countries will now be able to make payments via Unified Payments Interface (UPI) system. These countries include UAE, Singapore, Mauritius, Nepal and Bhutan.
Layoffs in IT sector: The video-conferencing service company Zoom joined the IT giants that announced trimming headcounts citing economic slowdown and uncertainty ahead. The year 2023 unleashed a wave of shocking layoffs for employees working in the tech industry. Around 50,000 job cuts were announced in January alone, and there doesn't appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs. 
RBI interest rate: The Reserve Bank of India, on Wednesday, announced to hike the interest rate by 25 BPS to 6.5%, citing sluggish core inflation. The hike in the repo rate is also set to further increase home, car loans and EMIs. 
Amid a political slugfest between Opposition parties and the ruling Bharatiya Janta Party (BJP), shares of most of the Adani group firms gained in late morning trade on Wednesday. The flagship company Adani Enterprises jumbed by 13 per cent.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
Layoffs in IT sector: The video-conferencing service company Zoom joined the IT giants that announced trimming headcounts citing economic slowdown and uncertainty ahead. The year 2023 unleashed a wave of shocking layoffs for employees working in the tech industry. Around 50,000 job cuts were announced in January alone, and there doesn't appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs. 
RBI interest rate: The Reserve Bank of India, on Wednesday, announced to hike the interest rate by 25 BPS to 6.5%, citing sluggish core inflation. The hike in the repo rate is also set to further increase home, car loans and EMIs. 
Amid a political slugfest between Opposition parties and the ruling Bharatiya Janta Party (BJP), shares of most of the Adani group firms gained in late morning trade on Wednesday. The flagship company Adani Enterprises jumbed by 13 per cent.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.
RBI interest rate: The Reserve Bank of India, on Wednesday, announced to hike the interest rate by 25 BPS to 6.5%, citing sluggish core inflation. The hike in the repo rate is also set to further increase home, car loans and EMIs. 
Amid a political slugfest between Opposition parties and the ruling Bharatiya Janta Party (BJP), shares of most of the Adani group firms gained in late morning trade on Wednesday. The flagship company Adani Enterprises jumbed by 13 per cent.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.

Shares of THIS aerospace-defense company gain as it bags big order

Thursday 09 February 2023 10:34 AM UTC+00
Shares of aerospace and defense company Apollo Micro Systems gained on Thursday on the back of bagging a defence order. The company through an exchange filing informed that it has secured a worth Rs 43 crore.
Amid a political slugfest between Opposition parties and the ruling Bharatiya Janta Party (BJP), shares of most of the Adani group firms gained in late morning trade on Wednesday. The flagship company Adani Enterprises jumbed by 13 per cent.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.

Shares of THIS aerospace-defense company gain as it bags big order

Thursday 09 February 2023 10:34 AM UTC+00
Shares of aerospace and defense company Apollo Micro Systems gained on Thursday on the back of bagging a defence order. The company through an exchange filing informed that it has secured a worth Rs 43 crore.
IRB Infrastructure Developers, a leading highway infrastructure player, has released its January month toll collection data. The Mumbai headquartered company reported a rise of 36 per cent in overall toll collection YoY, according to an exchange filing. The collection in January stood at Rs 374.81 crores as against Rs 276.44 crores in the same month last year.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.

Shares of THIS aerospace-defense company gain as it bags big order

Thursday 09 February 2023 10:34 AM UTC+00
Shares of aerospace and defense company Apollo Micro Systems gained on Thursday on the back of bagging a defence order. The company through an exchange filing informed that it has secured a worth Rs 43 crore.
IRB Infrastructure Developers, a leading highway infrastructure player, has released its January month toll collection data. The Mumbai headquartered company reported a rise of 36 per cent in overall toll collection YoY, according to an exchange filing. The collection in January stood at Rs 374.81 crores as against Rs 276.44 crores in the same month last year.

LIC Chairman to meet Adani Group's top management soon

Thursday 09 February 2023 03:13 PM UTC+00
Life Insurance Corporation (LIC) Chairman MR Kumar has said that he will meet Adani Group's top management soon, amid row over Hindenburg report, PTI reported.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.

Shares of THIS aerospace-defense company gain as it bags big order

Thursday 09 February 2023 10:34 AM UTC+00
Shares of aerospace and defense company Apollo Micro Systems gained on Thursday on the back of bagging a defence order. The company through an exchange filing informed that it has secured a worth Rs 43 crore.
IRB Infrastructure Developers, a leading highway infrastructure player, has released its January month toll collection data. The Mumbai headquartered company reported a rise of 36 per cent in overall toll collection YoY, according to an exchange filing. The collection in January stood at Rs 374.81 crores as against Rs 276.44 crores in the same month last year.

LIC Chairman to meet Adani Group's top management soon

Thursday 09 February 2023 03:13 PM UTC+00
Life Insurance Corporation (LIC) Chairman MR Kumar has said that he will meet Adani Group's top management soon, amid row over Hindenburg report, PTI reported.
Dynamic Cables has released its third quarter and 9 months earnings of the current financial year. The company in an exchange filing said that it has posted the highest ever revenue in the first 9 months of any fiscal. 
Amid growing political outrage over Adani row, Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this.
Disney employees lay off: Entertainment giant The Walt Disney Company will cut around 7,000 jobs as part of an ambitious companywide cost-savings plan and strategic reorganization announced on Wednesday (February 8) by Chief Executive Officer Bob Iger.

Bitcoin and Ethereum prices at a steady pace

Thursday 09 February 2023 04:27 AM UTC+00
Crypto News:  As of February 8, the price of Bitcoin, the largest cryptocurrency by market capitalization, Bitcoin declined by 0.15% to  $23,102.48 on Thursday. Ethereum was currently trading at around $1,650.54 with a decrease of 1.05%.
Gold Rate Today: On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 57238.00 per 10 grams, an increase of  0.04%. Silver futures, on the other hand, opened at Rs.67,590.00 per kilogram, a decrease of 0.06%. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January.
As many sectors around the world took a nosedive due to Covid restrictions and Russia-Ukraine war, the creator economy showed picked up pace. The size of the country's creator economy has grown to over Rs 1,000 crore and it is showing no signs of slowing down.
The market value of Google's parent company Alphabet dropped by more than $100 billion after its newly-launched AI chatbot Bard presented incorrect information in the commercial. Analysts also criticized its AI search event for lacking information on how it will respond to Microsoft's ChatGPT challenge.

Shares of THIS aerospace-defense company gain as it bags big order

Thursday 09 February 2023 10:34 AM UTC+00
Shares of aerospace and defense company Apollo Micro Systems gained on Thursday on the back of bagging a defence order. The company through an exchange filing informed that it has secured a worth Rs 43 crore.
IRB Infrastructure Developers, a leading highway infrastructure player, has released its January month toll collection data. The Mumbai headquartered company reported a rise of 36 per cent in overall toll collection YoY, according to an exchange filing. The collection in January stood at Rs 374.81 crores as against Rs 276.44 crores in the same month last year.

LIC Chairman to meet Adani Group's top management soon

Thursday 09 February 2023 03:13 PM UTC+00
Life Insurance Corporation (LIC) Chairman MR Kumar has said that he will meet Adani Group's top management soon, amid row over Hindenburg report, PTI reported.
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