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Reading-London Paddington route set for overhaul

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A spate of failures include broken rails, signal faults and passengers stranded due to damaged cables. Source link
Business

Adani invests $362 million to build two local defence factories | India Business News

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Billionaire Gautam Adani’s conglomerate started two defense facilities in northern India this week at an investment of 30 billion rupees ($362 million), bolstering the country’s campaign to become self-reliant and promote local manufacturing. Built by Adani Defence &...
Business

Tax-free meal benefits: Paytm’s exit from employee benefits market may open door for competitors | India Business News

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Paytm crisis: Paytm's impending exit from the employee benefits market due to regulatory actions against its payments bank and mobile wallet has paved the way for other players like Pluxee (formerly Sodexo), Zaggle, and banks to grow their...
Business

Macy’s forecasts annual sales below estimates, to shutter 150 stores

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NEW YORK: Macy's forecast annual sales below market expectation on weak demand for its apparel and shoes and said it would close 150 stores through 2026 in a new turnaround plan, sending its shares down about 3% before...
Business

Adidas sells another batch of Yeezy sneakers left over from Kanye West breakup

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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsAdidas has said it had started a third sale of the Yeezy sneakers...
Business

The F.T.C. Boosts Biden’s Fight Against Inflation

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Kroger, Albertsons and the politics of inflation A paradox at the heart of the U.S. economy is that consumers are feeling squeezed even as growth indicators look strong — and are taking it out on President Biden’s approval...
Business

India key to Skoda Auto’s global expansion: CEO Klaus Zellmer | Auto News

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India is the most promising growth market for Skoda Auto and the country will play a crucial role in the company's international expansion, the Czech automobile firm's global CEO Klaus Zellmer said on Tuesday. In a virtual address, Zellmer...
Business

Companies to Dole Out 10% Average Salary Hike This Year, Says Survey

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Published By: Mohammad HarisLast Updated: February 27, 2024, 17:54 ISTThe median merit salary increments in India are expected to reach 10 per cent in 2024, which was on top of a 9.5 per cent increase in 2023....
Business

Byju’s Case: NCLT Reserves Judgement On Oppression & Mismanagement Plea Filed By Investors

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Last Updated: February 27, 2024, 18:11 ISTThe investors had sought for a stay of a $200 million rights issue that is expected to close on February 29.The tribunal has directed the parties to file written submissions of their...
Business

Gold rates continue to increase in Pakistan

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In line with the price movement in the international market, gold price in Pakistan registered meagre gain on Tuesday. According to the data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24...
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National Portrait Gallery Buys Dolley Madison Photo for $456,000

The National Portrait Gallery bought the earliest known photograph of an American first lady for more than six...
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