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Markets decline following a twoday respite, tracking weak Asian markets.

Sensex and Nifty slipped into negative territory after a twoday breather, following weak trends in Asian markets. The 30share BSE Sensex was trading 4

Sensex and Nifty slipped into negative territory after a twoday breather, following weak trends in Asian markets. The 30share BSE Sensex was trading 418.07 points lower at 52,114.07, while the NSE Nifty fell 131.1 points to 15,507.70. From the Sensex pack, Tata Steel, Bajaj Finance, Axis Bank, Tech Mahindra, and Bharti Airtel were the major laggards in early trade. Meanwhile, Dr. Reddys Laboratories, Maruti Suzuki India, and Hindustan Unilever were the gainers. Read More..

B2B Tech News | 3 years ago        

Why can a shortage of fuel continue across the country?

Sources say that the Distribution of Premium Motor Spirit PMS will continue to be a challenge for the foreseeable future. Crude oil export receipts c

Sources say that the Distribution of Premium Motor Spirit PMS will continue to be a challenge for the foreseeable future. Crude oil export receipts continue to dwindle, leading to the NNPC not being able to make remittances to the federation account. The fuel subsidy regime emerging as an albatross for the states and the Federal Government. The Nigerian National Petroleum Corporation NNPC is the sole importer of PMS in Nigeria. Two ships loaded with PMS have been unable to discharge at the Pinnacle Depot. A Repair of damaged infrastructure, which is necessary for offloading, has been elusive. Read More..

B2B Tech News | 3 years ago        

Spainbased EasyJet cabin crew expect nine strike days in July

Spains EasyJet flight attendants called for a nineday strike in July. Strikes threaten to add to a summer full of annoyances for airline passengers. e

Spains EasyJet flight attendants called for a nineday strike in July. Strikes threaten to add to a summer full of annoyances for airline passengers. easyJet says it will do everything possible to minimize the inconvenience caused by the strike. EasyJet is cutting around 11,000 flights from its summer schedules. More than 1.5 million supporters from 180 countries now provide us with financial support, making us open to all and fiercely independent. Read More..

B2B Tech News | 3 years ago        

Mutual funds can reaccept money in international programs

The Securities and Exchange Board of India Sebi has allowed mutual funds to accept fresh money into the international schemes. The regulator has a $ 7

The Securities and Exchange Board of India Sebi has allowed mutual funds to accept fresh money into the international schemes. The regulator has a $ 7 billion limit on mutual fund industry investments in foreign equities. While some fund companies are awaiting further guidance from AMFI, others have decided not to accept the new flows. The room for maneuver for us is very limited, as we have already reached our total house of funds limit of $ 1 billion. Read More..

B2B Tech News | 3 years ago        

Oman Air to join Oneworld alliance

Oman Air is expected to join the alliance in 2024, with members of the carriers Sindbad frequent flyer program able to earn and redeem miles across th

Oman Air is expected to join the alliance in 2024, with members of the carriers Sindbad frequent flyer program able to earn and redeem miles across the alliances member airlines. This news means that Oneworld is sure to have three members in the Middle East – Oman Air, Qatar Airways, and Royal Jordanian. Qatar Airways Group Executive Akbar Al Baker, today it marks a new milestone in Oneworld, as Oman Air become a memberelect of our awardwinning alliance. Oman Air CEO Were delighted to be joining the worlds foremost airline alliance at a time when travel demand is on the rise. Read More..

B2B Tech News | 3 years ago        

QuintoAndar, a Brazilian real estate company, was launched in Mexico

Digital real estate agent QuintoAndar launched in Mexico on Tuesday, expanding the brand for the first time outside of Brazil. The $ 5 billion startup

Digital real estate agent QuintoAndar launched in Mexico on Tuesday, expanding the brand for the first time outside of Brazil. The $ 5 billion startups launched its branded rental program in Mexico City, the capital of Mexico. Instead of charging tenants lease insurance, approves them based on credit analysis. The move comes after the company bought Grupo Navents real estate arm for $5.1 billion in December. It said it chose Mexico because of its size and similarity to Brazil, as well as information management and bureaucracy. Read More..

B2B Tech News | 3 years ago        

Singapore announces S $ 1.5 billion package to ease inflationary pressures

Singapore announced a 1.5 billion Singapore dollar US$1.1 billion package to shield lowincome households from rising living costs. The citystates cent

Singapore announced a 1.5 billion Singapore dollar US$1.1 billion package to shield lowincome households from rising living costs. The citystates central bank expects core inflation to rise further in the coming months. Singapore has been particularly vulnerable to spikes in food and energy prices caused by Covidrelated supply shortages and Russias war in Ukraine. Officials expect the total drawdown from Singapores pandemic relief reserves over three fiscal years to be S$42.9 billion $30.9 billion. Read More..

B2B Tech News | 3 years ago        

Ilan Musk directly stated that Tesla will lay off 3.5% of the workforce due to complaints from former employees.

Elon Musk has sought to clarify how many Tesla workers will lose their jobs. The CEO said the firm will be reducing its salaried headcount by 10% and

Elon Musk has sought to clarify how many Tesla workers will lose their jobs. The CEO said the firm will be reducing its salaried headcount by 10% and increasing its hourly staffing. This follows a lawsuit filed against Tesla by former employees alleging it breached U.S. labor laws. Tesla is ,being sued by workers who say they were not given 60 days notice of a mass layoff or plant closure. He recently told employees to work 40 hours a week or leave the company. While other tech bosses, including Parag Agrawal, the CEO of Twitter, have embraced the drive into remote working, Musk isnt on board. Read More..

B2B Tech News | 3 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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