Tag: sales

The reset involves a shift to producing electric vehicles, focusing on more upscale models and importing premium vehicles.(Freepik)
Posted in Business

General Motors layoffs: Company cuts China jobs, to focus on electric vehicles

 General Motors Co. has been laying off staff in China and will soon meet with local partner SAIC to plan a larger structural overhaul of…

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China, one of Asia’s biggest consumer of gold besides India, seems to be turning its back to the yellow metal (HT)
Posted in Business

China’s gold jewellery demand falls as international gold prices rise as global central banks buy gold

Jul 29, 2024 10:44 PM IST Hong Kong jeweller Chow Tai Fook reported a 20% year-on-year decline in sales and a 26% fall in same…

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TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?
Posted in Finance

TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?

Virtual Digital Assets (VDAs) such as crypto, Non-Fungible Tokens (NFT) are encrypted digital holdings on blockchain. Chainalysis’ ‘Global Crypto Adoption Index’ (2023) also suggests that…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

ANI Technologies: Ola sees FY23 loss narrow by 65% to Rs 1,082 crore

ANI Technologies, the parent firm of ride-hailing major Ola Cabs, saw its standalone loss narrow by 65% to Rs 1,082 crore in the fiscal year…

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