Shares of Gautam Adani group companies continued to reel under pressure Adani Green Energy, Adani Transmission and Adani Total Gas hitting their respective 52-week lows on the BSE in Friday’s intra-day trade. Besides these three stocks, Adani Power also traded 5 per cent lower.

At 09:30 am; Adani Enterprises, the flagship company of Adani group, was down 3.5 per cent at 1,859.55. The stock slipped has 10 per cent to Rs 1,734.60 in intra-day trade so far.

Short video app TikTok fired its entire India staff on Monday, a report by The Economic Times (ET) said, quoting sources aware of the matter. Forty people were laid off and were offered severance pay of up to nine months.

"The TikTok India employees were told that February 28 would be their last day and were given feelers to look out for other opportunities for some time as it was conveyed that restarting India operations were not going to take off because of the government's stance on Chinese apps," a source told ET.

Accusations of stock-market manipulation by the Adani Group, strenuously denied by the conglomerate, have shone the spotlight on a festering global problem loosely estimated to amount to between 2% to 5% of the world’s output: Money-laundering. Obscure funds based in Cyprus and Mauritius, one of whom is linked to an intermediary that’s also alleged to have played a role in the $4.5 billion 1MDB looting from taxpayers in Malaysia, may be funneling someone else’s money into Adani stocks, the short seller Hindenburg Research has alleged.

Yahoo said on Thursday it plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech division.

The cuts will impact nearly 50% of Yahoo's ad tech employees by the end of this year, including nearly 1,000 employees this week, the company said.

Yahoo, which is owned by private equity firm Apollo Global Management since a $5 billion buyout in 2021.

The Department of Collegiate and Technical Education (DCTE), Karnataka and Samsung Semiconductor India Research (SSIR) inked a MoU on Thursday, to set up 'Industrial Internet of Things Labs' (IoT Innovation Labs) in 35 Government Polytechnics across the State.

The project costs Rs 1.52 crore and also includes setting up of AI labs in at least two institutions.

Gold finance company Manappuram Finance plans to rope in private equity investor for its microfinance unit Asirvad Microfinance Private Ltd to support growth plans. This is the first step towards listing MFI business on the stock exchanges.

Now it expects, after eight years of its takeover, for micro lending arm to touch Rs 10,000 crore by end of March 2023. Micro Finance Institution (MF) is looking for AUM growth of 30 per cent YoY in Fy24.

Rescuers pulled more survivors from beneath the rubble of collapsed buildings Thursday, but hopes were starting to fade of finding many more people alive more than three days after a catastrophic earthquake and series of aftershocks hit Turkiye and Syria, killing more than 16,000.

The earthquake that razed thousands of buildings in Turkiye and Syria has become one of the deadliest quakes worldwide in more than a decade.

Piramal Pharma on Thursday reported a net loss of Rs 90 crore on a consolidated basis for the third quarter ended December 31, 2022.

The Mumbai-based company had reported a net profit of Rs 163 crore in the October-December quarter of last fiscal.

Revenue from operations stood at Rs 1,716 crore for the third quarter, while the same was at Rs 1,539 crore in the year-ago period.

A unit of Adani Wilmar in the Solan district of Himachal Pradesh was raided by the Himachal Pradesh State Excise Department, according to a report by the Indian Express (IE). The officials inspected a carrying and forward unit of the company.

The company had failed to deposit Goods and Services Tax (GST) collection for 'several years' and this reportedly led to the inspection. According to IE, the officials checked the company's accounts and goods. A report will be prepared and future action will be decided based on it.

Uttar Pradesh Chief Minister Yogi Adityanath has said that after 500 years, Lord Ram would adorn the throne of Ram temple in Ayodhya even as the CPI-M and the Congress do not believe in the existence of Lord Ram or Krishna.

Addressing an election rally at Majlishpur in western Tripura on Wednesday, the Chief Minister added that the Ram temple would be ready within a year and Lord Ram after sitting in his throne would give all of us his blessings.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.