Fri, Feb 2, 2024 4:35 PM
Mahindra Holidays jumps on Budget push, Q3 results and management change.
A Flip by Avya Verma
Elon Musk is filling leadership positions at X Corp, formerly Twitter, and has hired former executive of streaming platform Tubi, Mahmoud Reza Banki as the chief financial officer. This comes even as billionaire Musk is set to take up greater role in the newly set up Department of Government Efficiency - DOGE - in an attempt to cut down on Federal government spending under the new administration.
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Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech company is starting to look like a bargain after a multi-month slump. The world’s largest maker of memory chips and smartphones saw its stock surge as much as 8.6% Friday, snapping a five-day losing streak.
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Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation. We forecast 7.2% growth for calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2026,” the global rating agency said, highlighting that the economy will continue its steady momentum in the July-September quarter. The Indian economy had expanded 6.7 percent in the April-June quarter of 2024.
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