Business - Asian News from UK

Massive layoff at Netflix

The platform also indicated more rounds of layoffs would be coming this year following that first group, as the platform tried to adjust for its heavily weakened stock price….reports Asian Lite news

June 24, 2022

Business

India’s edtech bubble is bursting

In India, edtech platforms have laid off more than 3,600 employees to date. Overall, nearly 10,000 workers have lost their jobs in the Indian startup ecosystem in the last 2-3 months….reports Asian

June 24, 2022

Business·India News

AI adoption to boost India’s GDP growth

Though the current rate of AI investments in India is growing at a compound annual growth rate (CAGR) of 30.8 per cent and poised to reach $881 million by 2023..reports Asian Lite

June 24, 2022

Business·India News

India’s entertainment industry foresees unique growth

The country’s total video games and exports revenue was Rs 16,200 crore in 2021, and is forecasted to reach Rs 37,535 crore by 2026, increasing at a 18.3 per cent CAGR…reports Asian

June 23, 2022

Business

Toyota celebrates historic fifth successive 24 Hours of Le Mans victory

The contest continued for 16 hours, with the two cars running just a few seconds apart for most of this time…reports Asian Lite News GAZOO Racing stormed to victory recently in the

June 23, 2022

Business·Tech LITE

Tough times ahead for Indian steel industry

Much of this stranded asset risk is concentrated in Asia: 80 per cent of the BOF steelmaking capacity under development globally is planned in China (158 mtpa with up to $237 billion)

June 23, 2022

Business·India News

Big relief for Telecos

The Cellular Operators Association of India (COAI) welcomed the much-awaited DoT order regarding the levy of SUC charges for spectrum in 600, 700, 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and

June 23, 2022

Business·India News

E-com platforms power digital ads in India

The total advertising market in India stood at $11 billion in 2021, out of which 37 per cent comprised the digital ads market….reports Asian Lite News E-commerce platforms are now the fastest

June 23, 2022

Business·India News

Experts confident of India’s renewable energy outlook

The challenges, though, are unlikely to have a lasting impact on India’s renewable energy story, said new report…reports Asian Lite News Large developers in the renewable energy sector have enough options to

June 23, 2022

Business·India News

Inflation hits new 40-year high

The largest upward contributions to the inflation rate came from housing and household services, primarily electricity, gas and other fuels, along with transport mostly motor fuel and second-hand cars…reports Asian Lite News

June 22, 2022

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