Category: Business
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Indian markets witnessed a historic moment today as the Bank Nifty index soared to a record high (48224.25), breaching the [previous record level] mark for the first time. The index, which tracks the performance of banking and financial stocks, surged [percentage increase] on the day, fuelled by a confluence of positive factors. Bulls in control:…
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Indian IT giant Infosys has suffered a major setback after a global customer pulled out of a $1.5 billion, 15-year contract focused on artificial intelligence (AI) solutions. The deal was announced in September 2023 and was praised as a landmark agreement for Infosys’ foray into AI implementation. But, in a surprise move, the unnamed customer…
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Swiggy, a popular food delivery platform in India, faced technical difficulties with its payment gateway on Friday, November 17, 2023. As a result, users were unable to complete their orders and make payments. The issue affected users across multiple cities in India, leading to frustration and inconvenience. The outage began around 7:30 PM IST. During…
