Last Updated : January 24, 2023 / 07:52 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Market Buzz
Axis Bank Q3 results | Here are top five highlights
Axis Bank on January 23 reported healthy growth in its net profit on the back of higher net interest income (NII), net interest margins expansion, higher fees and moderation in operating expenses. Read here
Watch Out
Take a look at these key events
Today:
Municipal House to elect Delhi's mayor and Deputy mayor
KSRTC to go on a state wide strike; govt making efforts to fulfil demands
Scattered rains in North; temperatures to go down
Tomorrow:SC to hear journalist Rana Ayyub's plea in money laundering case
JEE main session 1, day 2 exam is scheduled to be conducted
RSS chief to arrive in Jaipur for 5-day visit
Big Story
GoMechanic taps Cars24, Spinny for a distress sale
Now GoMechanic founders have sent proposals as a part of initial talks for a potential buyout to these unicorn companies, sources said. GoMechanic was last valued at $285 million and counts Sequoia Capital India, Tiger Global, Chiratae Ventures, Orios Ventures and venture debt firm Stride Ventures among its prominent investors. Read here
Coronavirus
Flu, pneumonia shots see surge in uptake after COVID-19 pandemic
The uptake of flu and pneumonia shots, recommended for the elderly and those with low immunity, has increased dramatically in India over the last two years amid a rise in cases of pneumococcal sepsis being reported. Read here
Auto
Maruti recalls 11,177 units of Grand Vitara to fix rear seat belt mounting brackets
The affected lot was manufactured between August 8, 2022 and November 15, 2022, the country’s largest carmaker said in a regulatory filing. ”It is suspected that there is a possible defect in rear seat belt mounting brackets which in a rare case, may loosen in the long run and impact its functionality,” it stated. Read here
Tech Tattle
Will ChatGPT take your job? Here are some areas that the AI will affect
For many, ChatGPT has become a looming threat on the horizon. A mythical creature ready to swoop down and gobble up our jobs. But is there any truth to that? And what will be the impact on the workplace? Read here
Tailpiece
James Cameron becomes only director to have 3 movies in the $2 billion club
Cameron's other two films that have crossed $2 billion at the worldwide box office include the original "Avatar" (2009), which is number one of all-time, with $2.923 billion on a $237 million budget and "Titanic" (1997) with 2.195 billion against a budget of $200 million. Read here