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"Slower Check-Ins, Longer Queues": IndiGo Hit By System Slowdown
IndiGo Airlines is facing a major technical glitch and there have been reports of long queues at airport check-in counters and difficulties booking tickets.
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Xiaomi Reports Record Drop in Q4 Revenue, Loses Indian Smartphone Market in Higher-End Devices to Samsung
Chinese smartphone maker Xiaomi on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China's COVID-19 curbs. Early signs suggest China's economy will only rebound slowly, as consumers remain cautious about spending money despite an easing of restrictions on domestic and...
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Adani Effect Propels India Stocks Past Most World Markets in '22
India is set to rank among this year's best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers.
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Intel Plans Thousands of Job Cuts To Cope With PC Market Slowdown: Report
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
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Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown
Intel is said to plan several job cuts across the company, according to a report. The layoffs are planned in the face of a drop in personal computer sales, and will reportedly be announced as early as this month. Some divisions could see layoffs affect 20 percent of staff, and Intel had 113,700 employees as of July, as per a report by Bloomberg.
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Intel Plans To Cut Thousands Of Jobs Hit By Demand Slowdown: Report
Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market.
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Are Apple App Store Profits Slowing? Investors Need to Know
Apple's App Store has been the services segment’s biggest source of revenue. For this quarter, as Apple reported a dip in sales, it attributed the slowdown to foreign exchange. However, App Store is also being considered one of the major factors for the slight dip. Interestingly, for the Friday's listing this time, Apple didn't include the App St...
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Morgan Stanley Cuts India's GDP Forecast On Slowing Global Trade
Morgan Stanley cut its forecast for India's annual growth to 7.2% for this year, as tighter financial conditions and a slowdown in global trade have pressured major economies
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Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
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Sensex Falls Over 470 Points And Nifty Down Near 17,000 As Growth Concerns Weigh
Indian equity indices opened in the red on Monday, tracking a sell-off in Asian equities driven by economic slowdown fears from the anticipated aggressive monetary policy tightening from major central banks, led by the US Federal Reserve.
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Coronavirus Lockdown: Audi India Reviews Launch Plans Of Its Future Models
Audi has had a sluggish launch period post the dieselgate scandal and after of couple of years it came strong with a new product offensive in India with major focus being on petrol model line-up followed by all-electric cars.
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9 Highly-Awaited Car Launches In India Postponed Because Of Coronavirus Pandemic
It's not the best of times for the globe as the Coronavirus pandemic has put the world on lockdown and we need to follow it seriously to stop further contamination. The auto industry is also witnessing major losses as a result of all auto and components manufacturing facilities shut for the next three weeks. Recovering from an economic slowdown ove...
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Petrol, Diesel Prices Unchanged For Seventh Straight Day Even As Crude Prices Slide
Fuel prices across major cities remained unchanged for seventh straight day on Monday amid lockdown across several in the country. In the global market, crude oil rates have fallen to about $25 a barrel. Petrol on Monday will now cost Rs 69.59 per litre and diesel at Rs 62.29 per litre in Delhi. The fuel prices across the country seem to be stable ...
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NRAI Advises Member Restaurants Across The Country To Shut Operations Till March 31
Amid the Coronavirus crisis, National Restaurant Association of India advised its member restaurants to shut operations till March 31, 2020.
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Europe, US Markets Slump On Virus Fears, Global Slowdown Threat Looms
European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.
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"Slower Check-Ins, Longer Queues": IndiGo Hit By System Slowdown
IndiGo Airlines is facing a major technical glitch and there have been reports of long queues at airport check-in counters and difficulties booking tickets.
-
Xiaomi Reports Record Drop in Q4 Revenue, Loses Indian Smartphone Market in Higher-End Devices to Samsung
Chinese smartphone maker Xiaomi on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China's COVID-19 curbs. Early signs suggest China's economy will only rebound slowly, as consumers remain cautious about spending money despite an easing of restrictions on domestic and...
-
Adani Effect Propels India Stocks Past Most World Markets in '22
India is set to rank among this year's best-performing major stock markets globally, overcoming concerns about higher interest rates and an economic slowdown that has mired peers.
-
Intel Plans Thousands of Job Cuts To Cope With PC Market Slowdown: Report
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
-
Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown
Intel is said to plan several job cuts across the company, according to a report. The layoffs are planned in the face of a drop in personal computer sales, and will reportedly be announced as early as this month. Some divisions could see layoffs affect 20 percent of staff, and Intel had 113,700 employees as of July, as per a report by Bloomberg.
-
Intel Plans To Cut Thousands Of Jobs Hit By Demand Slowdown: Report
Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market.
-
Are Apple App Store Profits Slowing? Investors Need to Know
Apple's App Store has been the services segment’s biggest source of revenue. For this quarter, as Apple reported a dip in sales, it attributed the slowdown to foreign exchange. However, App Store is also being considered one of the major factors for the slight dip. Interestingly, for the Friday's listing this time, Apple didn't include the App St...
-
Morgan Stanley Cuts India's GDP Forecast On Slowing Global Trade
Morgan Stanley cut its forecast for India's annual growth to 7.2% for this year, as tighter financial conditions and a slowdown in global trade have pressured major economies
-
Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
-
Sensex Falls Over 470 Points And Nifty Down Near 17,000 As Growth Concerns Weigh
Indian equity indices opened in the red on Monday, tracking a sell-off in Asian equities driven by economic slowdown fears from the anticipated aggressive monetary policy tightening from major central banks, led by the US Federal Reserve.
-
Coronavirus Lockdown: Audi India Reviews Launch Plans Of Its Future Models
Audi has had a sluggish launch period post the dieselgate scandal and after of couple of years it came strong with a new product offensive in India with major focus being on petrol model line-up followed by all-electric cars.
-
9 Highly-Awaited Car Launches In India Postponed Because Of Coronavirus Pandemic
It's not the best of times for the globe as the Coronavirus pandemic has put the world on lockdown and we need to follow it seriously to stop further contamination. The auto industry is also witnessing major losses as a result of all auto and components manufacturing facilities shut for the next three weeks. Recovering from an economic slowdown ove...
-
Petrol, Diesel Prices Unchanged For Seventh Straight Day Even As Crude Prices Slide
Fuel prices across major cities remained unchanged for seventh straight day on Monday amid lockdown across several in the country. In the global market, crude oil rates have fallen to about $25 a barrel. Petrol on Monday will now cost Rs 69.59 per litre and diesel at Rs 62.29 per litre in Delhi. The fuel prices across the country seem to be stable ...
-
NRAI Advises Member Restaurants Across The Country To Shut Operations Till March 31
Amid the Coronavirus crisis, National Restaurant Association of India advised its member restaurants to shut operations till March 31, 2020.
-
Europe, US Markets Slump On Virus Fears, Global Slowdown Threat Looms
European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.
