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Apple insists services are critical business; new numbers illustrate the scale

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Apple shared some massive numbers across the services portfolio for the past year. In a snapshot, the tech giant reported 900 million paid subscriptions across its suite of services, which include Apple Music, Apple TV+ and the App Store globally. Given the importance the company places on the services umbrella (and the revenue it actually …

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Markets flat as Sensex closes in red at 60,106, Nifty slumps to 17,896

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Published on January 11, 2023 at 03:40 pm IST Sensex closed in red at 60,106, Nifty closed at 17,896. representative image Sensex closed in red at 60,106, Nifty closed at 17,896. Subscribe to our best newsletters Newsletter subscribed successfully thanks for subscribing to our daily news capsule newsletter.

‘Mark a location on map, get land within a day: Madhya Pradesh CM to investors

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Madhya Pradesh has enough land for industries, and businesses can mark a spot on the map and the government will allot land within 24 hours, Chief Minister Shivraj Singh Chouhan made a pitch at the inaugural session of the two-day Madhya Pradesh Global Investors Summit. Indore on Wednesday. The 7th edition of ‘Invest Madhya Pradesh’ …

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‘Next TODU-FODU thing’: Ashneer Grover on his new startup Third Unicorn

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BharatPe co-founder Ashneer Grover sheds some light on his new startup Third Unicorn. In a LinkedIn post, Grover, who announced The startup had given a glimpse of the new venture on its 40th birthday in June last year and had said that the company would have a maximum team of 50 people. Read this also …

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Stock investors bracing for challenging weeks ahead of Budget

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Stock investors in India are bracing for challenging weeks ahead of 2019 Government’s federal budget to be unveiled next month Local stocks are under pressure as economic growth pulls back from the peak and selling by foreigners resumes. After underperforming most Asian and emerging market peers last year, India’s $3.4 trillion stock market is already …

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Opening bell: Markets trade in red as Sensex slumps to 59,806, Nifty at 17,824

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Equity benchmarks declined in early trade on Wednesday amid unabated foreign fund outflows and a weak trend in index heavyweight Reliance Industries. Continuing the previous day’s decline, the 30-share BSE Sensex fell 309.7 points to 59,805.78 in early trade. The broader NSE Nifty closed 89.8 points lower at 17,824.35. From the Sensex pack, Bharti Airtel, …

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World’s largest ship Ever Alot docks in Lanka, Malaysia, but not India. Why?

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Prime Minister Narendra Modi’s goal of making India the factory of the world is blocking the risk of the country’s inability to attract large container ship Due to inadequate port infrastructure. Most ports along India’s coast are not deep enough to handle ships such as the Ever Alot, the world’s largest boxship at 400 meters …

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‘Perilously close’ to recession: World Bank cuts global growth for 2023 to 1.7%

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The global economy will come “dangerously close” to recession this year, due to weak growth in all of the world’s top economies – the United States, Europe and China – the World Bank warned on Tuesday. The World Bank, which lends money to poor countries for development projects, said in an annual report that it …

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Innocean India appoints Santosh Kumar as new COO

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Innocean India, part of Seoul-based INNOCEAN Global Network, on Monday announced the appointment of its new Chief Operating Officer (COO) Santosh Kumar, who the company said, has a successful track record in large corporates, and as an entrepreneur. Me too. “He brings a wide range of capabilities beyond advertising to the company. As an experienced, …

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Elon Musk’s net worth down by $182 bn since Nov 2021, ‘worst loss’ in history

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Tesla and SpaceX CEO Elon Musk, the world’s second-richest person, is now the official record holder for the biggest loss of personal fortune in history, according to Guinness World Records, with Forbes projecting a drop in Musk’s net worth Is. The previous record holder was Korean-Japanese billionaire and SoftBank founder Masayoshi Son, whose wealth peaked …

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