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India\'s Air Passenger Traffic To Be 42 Crore By 2030: Scindia

Rajahmundry (Andhra Pradesh), Dec 10 : India’s air passenger traffic will triple to 42 crore by 2030, Civil Aviation Minister Jyotiraditya Scindia said here on Sunday. “The air passenger traffic,...

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Us Fed, Ecb, Bank Of England Poised To Keep Interest Rates On Hold

London, Dec 10 : The Western world’s largest central banks are poised to keep interest rates on hold this week amid concerns over stubbornly high inflation, despite growing expectations for...

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Pakistan Stock Market Soars To All-time High

Karachi, Dec 10 : The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above...

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Expect Consolidation Post Sharp Rally

New Delhi, Dec 10 : The week post-election results have pushed the markets into a new orbit.The resistance around the highs made on September 15 were broken and overcome in...

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Investors To Focus On Inflation Data From India, Us

New Delhi, Dec 10 : In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US, says Vinod Nair, Head of...

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Startup Funding: India Slips To 4th Spot In Global Ranking After Dismal 2023

New Delhi, Dec 10 : Making a dent in India’s startup growth story, the country slipped to fourth position in the global ranking among the highest-funded geographies in 2023, as...

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Amazon Competitor Zulily Curtails Operations, Lays Off Hundreds

San Francisco, Dec 10 : Amazon competition Zulily, which was once valued at $7 billion, is laying off hundreds of employees in the US while shutting down operations, according to...

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Hyundai, Kia\'s Combined Exports Set To Hit 2 Mn In 2023

Seoul, Dec 10 : Hyundai Motor, South Korea’s top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on...

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Uk Regulator Looks Into Microsoft’s Partnership With Openai

London, Dec 10 : The UK’s competition regulator will look into the partnership between Microsoft and OpenAI, the developer of ChatGPT, including recent developments, to understand the impact the merger...

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Investors Can Expect Good Times To Continue, More Milestones To Be Crossed

Mumbai, Dec 10 : Markets are on cloud 9 and all it took was the ruling party at the Centre to win the three state elections in the Hindi heartland.Rajasthan,...

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Nifty Could See Correction In Dec Second Half When Fpis Go On Vacation

New Delhi, Dec 10 : Nifty could remain buoyant aided by resumption of FPI flows, however, the second half of December could see some correction/consolidation as FPIs go away on...

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Banks, Midcaps And Small Caps Continue To Power Stock Market Rally

Mumbai, Dec 10 : The markets are on a roll and the situation is so as the state election results a week ago indicate ongoing stability to continue after the...

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For Equity Markets, Rbi\'s Measure Against Personal Loans Is Problematic

New Delhi, Dec 10 : What’s worrying from the stock market’s perspective is that the Reserve Bank of India (RBI) is taking more direct steps to rein in debt-fueled consumption,...

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Breaking Down The Confluence Of Factors Driving Bull Rally In Indian Bourses

Chennai, Dec 10 : The two Indian stock markets – BSE and NSE- are witnessing a bull rally on the back of positive economic and political factors, said industry experts...

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Bull Run In Indian Bourses Likely To Continue Subject To Short-term Volatility

Chennai, Dec 10 : The Indian bourses have been seeing a bull rally in recent times with the indices touching new peaks. The uptrend is expected to continue in the...

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Research Shows 8x Higher Risk Of Capital Loss In Broader Smallcap Universe

New Delhi, Dec 10 : Research by DSP Mutual Fund shows an 8X higher risk of capital loss in the broader smallcap universe. Smaller firms can present a greater risk...

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Gujarat Gears Up For Vibrant Gujarat 2024

Gandhinagar, Dec 10 : The 10th Vibrant Gujarat Global Summit 2024, scheduled for the first half of 2024, will kick off with a pre-event event on December 12, at the...

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Nclat Gives Ntpc Breather On Cci Penalty

New Delhi, Dec 9 : The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order imposing Rs 40 lakh penalty on government-owned power giant NTPC for not disclosing...

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Bhupender Yadav, John Kerry Hold Talks On Us-india Collaboration For Financing E-buses

Dubai, Dec 9 : Union Minister for Environment, Forest and Climate Change Bhupender Yadav and US Special Presidential Envoy for Climate, John Kerry on Saturday discussed the US-India collaboration to...

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Fpis Have Turned Buyers In Leading Banks

New Delhi, Dec 9 : FPIs have made a major comeback to India in December. Even though FPIs made an investment of Rs 9,000 crore in India in November, they...

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Digital Public Infrastructure Driving Growth Of Indian Startups: Industry Leaders

New Delhi, Dec 9 : The development of digital public infrastructure (DPI) in India in the last decade has steered the growth of startups in the country, industry leaders said...

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Sri Lanka Records $1.8 Bn Tourism Revenue Till Nov

Colombo, Dec 9 : Sri Lanka recorded $1.8 billion tourism revenue till November this year, 78.3 per cent up from the corresponding period previous year, as per Central Bank of...

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Govt To Make Gift City Global Hub Of New Age Finance & Tech Services: Pm Modi

New Delhi, Dec 9 : Prime Minister Narendra Modi on Saturday said the government wants to take GIFT IFSCA beyond traditional finance and ventures and make it the global nerve...

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(markets Package) Time For Investors To Bank On A Couple Of Psu And Private Banks (ians Opinion)

New Delhi, Dec 9 : The Indian banking system consists of 12 public sector banks, 22 in the private sector, apart from foreign and cooperative banks.Over the last one year-to-date...

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Amazon Sues Scammers For Stealing Millions Of Dollars Via Fake Returns

San Francisco, Dec 9 : Amazon has sued an enterprising group called REKK, which is responsible for stealing millions of dollars of products from Amazon’s online stores through systematic refund...

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Openai Working With Ex-twitter India Head To Navigate Ai Landscape: Report

New Delhi, Dec 9 : Sam Altman’s OpenAI is reportedly working with ex-Twitter India head Rishi Jaitly to help the ChatGPT developer understand the Indian policies and regulations around AI...

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Zerodha Founders Kamath Brothers\' Compensation Touched Rs 200 Cr In Fy23

New Delhi, Dec 9 : Nithin and Nikhil Kamath, founders of online brokerage platform Zerodha, collectively withdrew Rs 195.4 crore as compensation in fiscal 2022-23 (FY23). According to a report...

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Dual Investor Interest Surfaces In Spicejet; Equity Infusion Up To Rs 1,500cr Anticipated

New Delhi, Dec 8 : In what looks like a significant development for SpiceJet, two major investors have expressed interest in injecting equity into the airline, sources in the know...

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India\'s Forex Reserves Rise To 4-month High

Mumbai, Dec 8 : India’s foreign exchange reserves rose to an over four-month high of $604.04 billion as of December 1, according to the latest data released by the RBI...

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Bharat Petroleum, Tatas Sign Pact To Set Up 7k Charging Points For Evs

New Delhi, Dec 8 : Bharat Petroleum Corporation Limited (BPCL) and Tata Passenger Electric Mobility Limited (TPEM) have signed an MoU for a collaboration to set up 7,000 charging points...

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Govt Bans Onion Exports To Keep Prices In Check

New Delhi, Dec 8 : The government has banned exports of onion till March next year in order to increase domestic availability so that prices do not spin out of...

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Small And Midcap Stocks At Historical Peak Valuations Versus Nifty

Mumbai, Dec 8 : Small and midcap (SMID) stocks have outperformed Nifty over the last 11 months.The outperformance versus Nifty is about to hit the cyclical historical peaks, DSP Mutual...

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Tata Plans To Build New Iphone Factory In Tamil Nadu, Hire 50k Workers: Report

New Delhi, Dec 8 : The Tata Group is planning to build one of India’s largest iPhone assembly plants in Tamil Nadu’s Hosur, media reports said on Friday. According to...

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Nifty Logs Longest Weekly Gaining Streak In 3 Years

Mumbai, Dec 8 : Nifty rose for the sixth straight week on Friday, up 3.46 per cent – the largest gain since July 2022.In the process, Nifty logged the longest...

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Wipro\'s Chief Growth Officer Stephanie Trautman Steps Down

New Delhi, Dec 8 : IT major Wipro on Friday announced that its Chief Growth Officer Stephanie Trautman will step down from her role, effective December 31. Based in the...

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Infra Projects Worth Rs 15k Cr Taken Up At High-level Meet Under Pm Gati Shakti

New Delhi, Dec 8 : A high-level Network Planning Group (NPG) meeting under PM Gati Shakti national master plan took up four infrastructure projects worth Rs 15,000 crore for discussion...

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Monetary Policy Review Dec 2023: No Action, None Needed

New Delhi, Dec 8 : The Monetary Policy Review (MPC) kept repo rate and stance unchanged in the policy review as was widely expected.Unlike recent previous policy reviews, and much...

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No Action, None Needed: Monetary Policy Review Dec 2023

New Delhi, Dec 8 : The Monetary Policy Review (MPC) kept repo rate and stance unchanged in the policy review as was widely expected.Unlike recent previous policy reviews, and much...

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Amazon Testing $9.99 Monthly Grocery Subscription For Prime Members

San Francisco, Dec 8 : Amazon has announced that it’s testing a new subscription model for unlimited grocery delivery for Prime members in three cities of the US. For an...

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Pm Modi Throws Open Uttarakhand Global Investors Summit

New Delhi, Dec 8 : Prime Minister Narendra Modi on Friday inaugurated ‘Uttarakhand Global Investors Summit 2023’ being held at Forest Research Institute in Dehradun. Addressing the gathering which included...

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Global Investors, Central Bank Heads, Regulators Express Confidence In India’s Growth Story: Rbi Governor

Chennai, Dec 8 : Global investors and Governors of various central banks and other regulators are showing greater confidence in the potential of Indian economic growth and the country’s capacity...

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India Tech Startups See Lowest Funding In 5 Years, Just 2 Unicorns In 2023

Bengaluru, Dec 8 : Funding in India’s tech startup ecosystem in 2023 has been the lowest in the last five years, dropping India’s global ranking from 4th to 5th place,...

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Over 10 Mn People Signed Up For X In Dec: Ceo Linda Yaccarino

San Francisco, Dec 8 : Elon Musk-run X CEO Linda Yaccarino has said that over 10 million people have signed up for X so far in December. “More than 10...

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Apple Gears Up To Manufacture Over 50 Mn Iphones A Year In India: Report

New Delhi, Dec 8 : Apple is aiming to manufacture more than 50 million iPhones in India per year, as it aims to shift some of the production out from...

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Rbi Retains Repo Rate At 6.5%, Tone Less Hawkish (2nd Ld)

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.5 per cent. Announcing the decision...

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Zomato Sees Rs 1,125 Cr Worth Shares Deal, Softbank Likely Seller

New Delhi, Dec 8 : Shares worth $135 million (nearly Rs 1,125 crore) in food delivery platform Zomato exchanged hands via a block deal on Friday, with Japanese investment giant...

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Rbi To Come Out With Regulatory Framework For Web-aggregators Of Loan Products

Chennai, Dec 8 : The Reserve Bank of India (RBI) will soon lay down the regulatory framework for web-aggregation of loan products since the customers are being harmed now, said...

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Rbi Hikes Limits For Upi Payments & E-mandates, To Set Up Cloud Facility, Fintech Repository

Chennai, Dec 8 : Enhancing the payment limits for Unified Payments Interface (UPI), electronic mandates, setting up of cloud facilities, the financial sector and fintech repository were some of the...

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Top Uk Mobile Firms Face 3 Bn Pounds Claim For Overcharging Customers

London, Dec 8 : Consumer rights champion Justin Gutmann on Friday said that he, along with law firm Charles Lyndon, have filed a class-action proceedings against Vodafone, EE, Three and...

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Nifty Crosses 21000 Mark, At New All-time High

New Delhi, Dec 8 : The Nifty reached a new all-time high as the RBI Governor announced the monetary policy, surpassing the 21,000 mark, says Rupak De, Senior Technical analyst...

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Fire Disney Ceo Bob Iger Immediately, Says Musk

San Francisco, Dec 8 : An angry Elon Musk has said that Disney CEO Bob Iger should be fired immediately, after the entertainment giant pulled advertisements from X as its...

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India Poised To Become $30 Tn Economy By 2047: Piyush Goyal

New Delhi, Dec 8 : Commerce and Industry Minister Piyush Goyal on Friday said that India was poised to become a $30 trillion economy by 2047 with the collective efforts...

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Is Google\'s Gemini Ai Demo Video On Youtube Fake?

San Francisco, Dec 8 : Google launched its new AI model called Gemini with much fanfare but a company video titled “Hands-on with Gemini: Interacting with multimodal AI” which hit...

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X Rolls Out Access To Grok Ai Chatbot To Premium+ Subscribers

New Delhi, Dec 8 : Elon Musk’s X on Friday rolled out access to its Grok AI chatbot to the Premium+ subscribers in the US.Grok is a ChatGPT competitor developed...

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Seized Spicejet Aircraft Released After Dubai Court Decision

New Delhi, Dec 8 : SpiceJet flight carrying passengers from Ahmedabad to Dubai, which was diverted minutes before landing, and seized by a lessor recently has been released after Dubai...

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Mega Bitcoin Rally Helps Other Crypto Tokens Reach New Highs

New Delhi, Dec 8 : The impressive rally of Bitcoin, which now aims to hit $50,000 per coin, has helped other cryptocurrencies like Ethereum and Solana reach new highs.Ethereum (ETH)...

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Rbi Retains Repo Rate At 6.5%, Gdp Growth At 7%, Inflation At 5.4% (ld)

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.5 per cent. Announcing the decision...

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Rbi Retains Repo Rate At 6.5%

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the decision...

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Spotify Cfo Paul Vogel Leaving The Company After Mass Layoffs

San Francisco, Dec 8 : Music streaming platform Spotify’s chief financial officer (CFO) Paul Vogel is leaving the company after massive layoffs this week and according to Spotify CEO Daniel...

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India Inc Needs To Invest More Instead Of Sitting On Funds: Cea Nageswaran

New Delhi, Dec 7 : India’s corporate sector needs to invest more to make a comeback for rebalancing the country’s economy towards investment and manufacturing, the government’s Chief Economic Advisor...

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First Charter Flight From Uzbekistan Lands In Goa

Panaji, Dec 7 : The first charter flight from Uzbekistan landed at Mopa airport in Goa on Thursday. On the arrival of Centrum Air Q6 5545 flight, Minister for Tourism,...

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Us Retail Investors Are Sitting Out Latest Stocks Rally

New York, Dec 7 : The S&P 500 index in November notched its best monthly performance this year, snapping a three-month streak of steep losses as Wall Street became optimistic...

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Us Pharma Start-up To Manufacture Artificial Retina In Space

New York, Dec 7 : In a bid to find cure for blindness on Earth, a US-based pharma start-up aims to leverage microgravity on Low Earth Orbit (LEO) to manufacture...

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Sat Sets Aside Sebi Order Restraining Iifl Securities From Taking New Clients

New Delhi, Dec 7 : The Securities Appellate Tribunal (SAT) has set aside the Securities Exchange Board of India (SEBI)’s order restraining IIFL Securities from taking new clients for a...

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Softbank May Sell Zomato Shares Worth Rs 1,125 Cr: Report

New Delhi, Dec 7 : Japanese investment giant SoftBank is likely to sell shares of online food delivery platform Zomato worth $135 million (about Rs 1,125.5 crore) via a block...

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Steve Jobs\' Written $4 Check In 1976 Sold For Over $36k At Auction

New Delhi, Dec 7 : A $4 check written by Apple co-founder Steve Jobs to electronics retailer Radio Shack in 1976 has been auctioned for $36,850 at the US-based RR...

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India’s Ev Market Can Touch $100 Bn Revenue By 2030 If Key Issues Addressed: Report

New Delhi, Dec 7 : India’s electric vehicle (EV) market has the potential to achieve over 40 per cent penetration with $100 billion revenue by 2030, a substantial increase from...

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2 Indian Women-led Ai Startups Receive Cash Grant, Mentorship Support From Google

New Delhi, Dec 7 : Two women founders from India, whose AI-focused startups are aiming to help businesses address some of the key challenges, on Thursday received equity-free cash award...

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Indian Non-life Insurers Log 7.37% Growth In Nov, Psus Negative Growth

Chennai, Dec 7 : The Indian non-life insurance industry, including standalone health and specialised insurers, closed November 2023 with 7.37 per cent premium growth over the corresponding period last year....

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Markets Take A Breather Before Rbi Policy Announcement

New Delhi, Dec 7 : After a flat opening Nifty traded volatile on the weekly expiry and ended the session at 20,901.15 levels. On the other hand Bank Nifty took...

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Facebook, Instagram ‘breeding Ground’ For Child Predators: Us Lawsuit

San Francisco, Dec 7 : Facebook and Instagram have become a “breeding ground” for child predators targeting children for human trafficking, grooming and solicitation, and certain child exploitative content is...

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Microsoft India Announces Hike Of 6% On Business Software From Feb 1

New Delhi, Dec 7 : Microsoft India has announced a 6 per cent price hike for its commercial on-premises software and online services, which include Microsoft 365 and Dynamics 365,...

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Govt Bars Sugar Mills From Using Sugarcane For Ethanol Production

New Delhi, Dec 7 : The Central government on Thursday directed sugar mills to not use sugarcane juice for producing ethanol in 2023-2024 as it is worried that the country’s...

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Sk Hynix Sets Up New Unit In Charge Of Ai Chip Business

Seoul, Dec 7 : SK hynix, the world’s second-largest maker of memory chips, said on Thursday it has set up a new unit charged with the artificial intelligence (AI) semiconductor-related...

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Awg Downgrades India Again As Lessors Fail To Get Back Planes From Go First

New Delhi, Dec 7 : Global watchdog group Aviation Working Group (AWG) downgraded India to “negative” from “positive” on Thursday as foreign lessors have not been able to get back...

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Amd Launches New Chips To Run Large Language Models In Advanced Genai Era

San Francisco, Dec 7 : AMD has announced new accelerators and processors for running large language models or LLMs, as graphics chip maker Nvidia leads the generative AI chips race....

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Dunzo Fails To Pay Nov Salaries To Its Present Employees: Report

New Delhi, Dec 7 : Homegrown quick-grocery delivery provider Dunzo has failed to pay November salaries to its current employees, despite partnering with OneTap, a revenue financing firm, earlier this...

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Tata Power Shares Up 12 Per Cent After Upgrade

New Delhi, Dec 7 : Tata Power is up 12 per cent in trade on Thursday after an upgrade by a brokerage. Tata Power is trading at Rs 329 on...

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Big Silence From Insurance Industry After Cyclone Michaung Flooded Chennai

Chennai, Dec 7 : The Indian insurance industry, including the sectoral regulator, is strangely silent on helping the policyholders affected by cyclone Michaung on the steps to be taken to...

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Govt Going For Vote On Account On Feb 1, No Big Bang Announcements: Sitharaman

New Delhi, Dec 7 : Finance Minister Nirmala Sitharaman has said that the upcoming Union Budget on February 1, 2024 to be presented in Parliament ahead of the Lok Sabha...

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Low Quality Small And Midcap Stocks In Bubble Zone

New Delhi, Dec 7 : Weak (low growth plus low quality) mid Caps and small Caps are in bubble zone and caution is advised.Strong (high growth plus high quality) Mid...

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Sarvam Ai Raises $41 Mn Led By Lightspeed, Largest By An Indian Ai Startup

Bengaluru, Dec 7 : Indian generative AI startup Sarvam AI on Thursday said it has raised $41 million in its Series A round led by Lightspeed and supported by Peak...

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Jack Dorsey’s Tidal Lays Off Over 10% Of Workforce

San Francisco, Dec 7 : Music streaming platform Tidal has laid off more than 10 per cent of its workforce, or about 40 employees. The majority of the company is...

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Spicejet Mulling Equity Raise Amidst Financial Turbulence, Board Meeting On Dec 11

New Delhi, Dec 7 : SpiceJet will deliberate on raising fresh capital through the issue of equity shares in its Board meeting on December 11, according to a stock exchange...

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Profit Booking Expected At Higher Levels

New Delhi, Dec 7 : In spite of favourable factors, there will be dips in the market triggered by profit booking at higher levels, says V K Vijayakumar, Chief Investment...

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Apple Joins Ai Race With Releasing Model Framework For Its Silicon Chips

New Delhi, Dec 7 : As artificial intelligence (AI) takes centre-stage across companies, Apple’s machine learning research team has released frameworks and model libraries designed to run on its silicon...

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Revolutionising India\'s Digital Landscape, Realme Democratising 5g With Realme C67 5g

New Delhi, Dec 7 : 5G, being the fifth generation of mobile technology, promises to transform communication and information access through its extensive applications.Its exceptional connection quality, elevated data capacity,...

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Post Election Results, Ensuing Rally Has Steam To Continue

New Delhi, Dec 7 : The results of five state elections have provided a major booster dose to the markets and saw them building on the rally which was already...

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Former Twitter Security Head Sues Musk, X Over Unlawful Sacking

San Francisco, Dec 7 : Former Twitter IT security head Alan Rosa has filed a lawsuit against X, its owner Elon Musk and company adviser Steve Davis, alleging that he...

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K’taka Govt Invites Startups To Provide Tech Solutions

Bengaluru, Dec 6 : The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. “In tune with its policy to create innovation and...

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Mahindra To Hike Vehicle Prices From Next Month

New Delhi, Dec 6 : Home-grown auto major Mahindra & Mahindra on Wednesday said it will increase the prices of its passenger and commercial vehicles from next month. The company...

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$175 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed (lead, Correcting Headline)

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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$175 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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Tv18 And E18 To Merge With Network18 Consolidating Tv And Digital News Assets

New Delhi, Dec 6 : Network18 Media & Investments Ltd.(Network18) and TV18 Broadcast Ltd (TV18) on Wednesday announced a Scheme of Arrangement in terms of which TV18 and e-Eighteen.com Ltd...

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$125 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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Public Sector Banks Wrote Off Loans Worth Rs 3.66 Lakh Crore In Last Three Fiscal Years

New Delhi, Dec 6 : Public sector banks wrote off a whopping Rs 3.66 lakh crore loans in the last three financial years, according to RBI data. At the same...

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Gandhinagar To Host Vibrant Gujarat Summit 2024 In January

Gandhinagar, Dec 6 : The anticipation for the upcoming Vibrant Gujarat Summit, scheduled for January 2024, is building with the confirmation of 16 countries and 14 organisations, an official said...

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Rupee Edges Up As More Foreign Funds Flow Into Stocks

Mumbai, Dec 6 : The rupee appreciated 5 paise to close at 83.32 against the US dollar on Wednesday as more foreign funds flowed into the Indian stock markets which...

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Xiaomi Launches Redmi 13c Series With 50mp Ai Dual Camera In India

New Delhi, Dec 6 : Global technology brand Xiaomi on Wednesday launched the Redmi 13C Series with a 50MP AI dual camera in India. Available in three colour options —...

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Nifty At Record High, Rises For 7th Day

New Delhi, Dec 6 : Nifty ended at a record high rising for the seventh consecutive session on Wednesday. At close, Nifty was up 0.40 per cent or 82.6 points...

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Adani Stocks Outperform Nifty Over Last Seven Days

New Delhi, Dec 6 : Over the past seven days, the Adani Group of Stocks has outperformed the Nifty 50.The group companies have experienced gains of between 16 per cent...

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Adani Stocks Outperform Nifty Over Past Seven Days

New Delhi, Dec 6 : Over the past seven days, the Adani Group of Stocks has outperformed the Nifty 50.The group companies have experienced gains of between 16 per cent...

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Paytm Expands Credit Distribution Business, Extends Higher Ticket Loans To Consumers, Merchants

New Delhi, Dec 6 : Paytm, India’s leading mobile payments and financial services distribution company, on Wednesday said it will expand its credit distribution business in partnership with large banks...

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Ola Electric\'s Net Loss Surges To Rs 1,472 Cr In Fy23 As Expenses Grow

New Delhi, Dec 6 : Bhavish Aggarwal-driven Ola Electric’s net loss nearly doubled to Rs 1,472 crore in FY23, from Rs 784.1 crore in the previous fiscal year, as expenses...

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Hero Motocorp, Ather Energy Join Hands For 1st-ever Interoperable Fast-charging Network

New Delhi, Dec 6 : Hero MotoCorp and electric vehicle manufacturer Ather Energy on Wednesday entered into a partnership for an interoperable fast-charging network in the country, touted as the...

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Apple Informs Component Suppliers To Source Iphone 16 Batteries From India: Report

New Delhi, Dec 6 : In an effort to diversify its global supply chain and move manufacturing out of China, Apple has informed its component suppliers of its preference to...

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Gautam Adani Now 15th Richest In The World

New Delhi, Dec 6 : Gautam Adani, Adani Group Chairman is now the 15th richest in the world after adding more than $ 12 billion in a massive rally in...

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Phonepe\'s Share.market Introduces Discover Section With Advanced Intelligence Layer

New Delhi, Dec 6 : Share.Market, a PhonePe product, on Wednesday launched the ‘Discover’ section on the platform, which will facilitate an enhanced investment experience through its cutting-edge Intelligence layer....

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Not Competing With Musk Or Altman On Ai But Building Real-life Use Cases: Mos It

New Delhi, Dec 6 : India is not competing with OpenAI’s Sam Altman or xAI owner Elon Musk in the field of artificial intelligence (AI) but aims to build AI...

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High Prices Of Onion, Tomato Drove Up Cost Of Thali In Nov

New Delhi, Dec 6 : The cost of a vegetarian ‘thali’ rose 10 per cent in November as compared to October while the cost of a non-veg thali increased 5...

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92% Of Indian Firms View Genai Tools As Potential Security Risk

Bengaluru, Dec 6 : As Generative AI tools take centre stage in India’s digital economy, at least 92 per cent of organisations consider GenAI to be a potential security risk,...

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Kolkata: No Respite From Skyrocketing Vegetable Prices

Kolkata, Dec 6 : Soaring prices of vegetable in the retail market continue to burn a hole in common man’s pocket in Kolkata. According to estimates of members of the...

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Nifty Headed Towards 21k, Sensex Towards 70,000

New Delhi, Dec 6 : Even though the undertone is bullish, the market is likely to consolidate in the near-term since up moves will be countered with profit booking by...

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Homegrown Fintech Startup Zestmoney To Shut Down

New Delhi, Dec 6 : Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer, media reported on...

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Musk’s Ai Company Seeks To Raise $1 Bn In Investments

San Francisco, Dec 6 : Elon Musk’s AI company called xAI is seeking to raise up to $1 billion in equity investments. According to a filing with the US Securities...

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Twitch Plans To Shut Down In S.korea Over High Network Costs

Seoul, Dec 6 : Twitch, a popular US-based live game streaming platform, said on Wednesday it plans to shut down its South Korean service in February next year due to...

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Delhi Hc Asks Go First\'s Rp To Submit Affidavit On Contempt Allegations On Non-maintenance Of Aircraft

New Delhi, Oct 12 : The Delhi High Court on Tuesday asked the Resolution Professional (RP) of cash-strapped Go First to file an affidavit in response to a lessor’s plea...

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Brand Bengaluru Plan Afoot To Develop It City In A Systematic Way: Minister

Belagavi, (Karnataka) Dec 5 : The Brand Bengaluru plan is afoot to ensure planned and systematic development of the city, the Karnataka Assembly was informed on Tuesday. Replying to a...

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Bookmyshow Posts Bumper Profit Of Rs 85cr In Fy23

New Delhi, Dec 5 : BookMyShow saw its revenue from operations surged 3.5 times to Rs 976 crore in FY23, from Rs 277 crore in FY22. According its consolidated financial...

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Sbi Buying Another 20% Stake In Sbi Pension Funds

New Delhi, Dec 5 : State Bank of India has stated in a regulatory filing that it plans to acquire an additional 20 per cent stake in SBI Pension Funds...

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India\'s Lic Ranks 4th In World\'s Top Life Insurance Companies List

New Delhi, Dec 5 : India’s state-owned Life Insurance Corporation (LIC) has emerged as the fourth largest life insurer in the world, according to a new ranking, on the basis...

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Rs 1.51 Lakh Crore Of Gst Evasion Detected In April-october, Maharashtra Tops List

New Delhi, Dec 5 : The government has detected goods and services tax (GST) evasion to the tune of Rs 1.51 lakh crore between April to October in the current...

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\'unemployed Before Holidays Again\': Techie Who Quit Twitter Last Year Now Laid Off By Spotify

San Francisco, Dec 5 : A techie has said that he is “unemployed before the holidays again”, as he has been laid off by music streaming giant Spotify in its...

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Share Of Non-fossil Fuels In India\'s Power Generation Rises To 44%

New Delhi, Dec 5 : As much as 44 per cent of India’s power generation capacity is now based on non-fossil fuels, Power and Renewable Energy Minister R.K.Singh informed Parliament...

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Apple Requests India To Exempt Older Iphones From Common Charger Requirement

New Delhi, Dec 5 : Apple has asked the Indian government to exempt its existing iPhones from the requirement of a common charging port (USB-C) for electronics devices, as the...

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Fiis Inflows Strong With Net Buy Of More Than Rs 17k Crore In Last 8 Sessions

New Delhi, Dec 5 : FIIs have remained net buyers to the tune of Rs 17,133 crores in the last eight trading sessions, says Siddhartha Khemka, Head – Retail Research,...

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Fedex Invests $100 Mn To Foster Job Growth, Innovation In Hyderabad

New Delhi, Dec 5 : Courier delivery services giant FedEx on Tuesday inaugurated its first-ever advanced capability community (ACC) hub in Hyderabad, marking a significant investment of $100 million in...

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Adani Green Accomplishes Its Construction Financing Framework At $3bn

New Delhi, Dec 5 : Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of $1.36 billion to further boost its Construction Financing...

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Bike-taxi Startup Rapido Enters Cab Biz With Intra-city Mobility Solution

New Delhi, Dec 5 : Bike-taxi startup Rapido on Tuesday announced its strategic entry into the cab business, with launching an intra-city, SaaS-based mobility solution with Rapido Cabs. With a...

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Traders Advised Caution For Next Two Days As Market Is Overheated

New Delhi, Dec 5 : Despite a broad-based rally, the fear gauge India VIX is also going up. Traders are advised caution for the next two days until the RBI’s...

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Musk Mocks Paris Hilton\'s New Ad After Her Firm Suspends X Deal

San Francisco, Dec 5 : Tech billionaire Elon Musk has now picked a fight with American media personality and businesswoman Paris Hilton days after her company pulled an ad campaign...

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Meta To Discontinue Cross-app Communication Chats On Instagram

San Francisco, Dec 5 : Meta will soon discontinue the “cross-app communication chats” feature that lets you chat with Facebook friends on Instagram. Starting in mid-December, the company will disconnect...

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Jupiter Wagons Raises Rs 403 Cr From Qip

Chennai, Dec 5 : Railway wagon and passenger coach major Jupiter Wagons Ltd on Tuesday said it has completed raising Rs 403 crore from qualified institutional placement (QIP). According to...

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Sitharaman Slams Oppn On Npas Issue, Says \'india\'s Economy World\'s Fastest Growing\'

New Delhi, Dec 5 : Union Finance Minister Nirmala Sitharaman on Tuesday said the Opposition MPs raising questions on the government’s handling of non-performing assets (NPAs) should first recognise that...

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Monetary Policy: Rbi To Continue With Its Cautious Pause

Chennai, Dec 5 : The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5 per cent and there would be no...

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Dell Empowers 2 Mn Indians In Digital Skills, To Expand Further

New Delhi, Dec 5 : Dell Technologies on Tuesday announced that it has met its target of positively impacting two million beneficiaries in India through the Mobile Solar Community Hubs...

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Government, Psus, Defence Sector Witness 14% Upsurge In Hiring: Report

New Delhi, Dec 5 : The Government, PSU (Public Sector Undertakings), and Defence industries experienced a 14 per cent upsurge in hiring on a month-over-month (MoM) basis in the country,...

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Adani Group Stocks In Massive Rally After Reports That Us Govt Examined Hindenburg Allegations Before Giving $553 Mn Loan

New Delhi, Dec 5 : Adani Group stocks were top gainers on Tuesday after Bloomberg reported that the US government concluded that short-seller Hindenburg Research’s allegations of corporate fraud against...

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Byju\'s To Hold Board Meeting On Dec 20 Amid Pending Dues

New Delhi, Dec 5 : Embattling edtech unicorn Byju’s parent company Think and Learn Private Limited will hold its 11th annual general meeting on December 20, as it faces myriad...

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Ibm, Meta Launch Ai Alliance To Build Open, Responsible Ai

New Delhi, Dec 5 : IBM and Meta on Tuesday launched the AI Alliance in collaboration with over 50 tech companies, founding members and collaborators globally. The AI Alliance is...

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Global Crypto Market Hits $1.5 Trillion As Panic Buying Fuels Bitcoin Price

New Delhi, Dec 5 : The world’s biggest cryptocurrency Bitcoin touched a 19-month high above $42,000 which was triggered by some “panic buying”, reports said on Tuesday. The surge in...

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Cloud Communication Firm Twilio Lays Off Another 5% Workforce

San Francisco, Dec 5 : Cloud communications firm Twilio has laid off hundreds of employees as it announced a 5 per cent cut in its workforce. The company had laid...

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Celebrating Realme\'s 200 Mn Global Shipments: A Success Story In Smartphone Industry

New Delhi, Dec 5 : realme, a rapidly growing smartphone brand in India, has recently announced a significant achievement — its global smartphone shipments have successfully surpassed the 200 million...

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Gen Z In India To Lead Key Trends On Instagram In 2024

New Delhi, Dec 4 : Gen Z in India will lead the key trends on Instagram next year, from prioritising careers to being super on point with meme preferences, and...

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Nifty Rallied 10% From October Low

Mumbai, Dec 4 : Nifty has rallied by 1,865 points or 10 per cent from its low of 18,837 recorded in October, said Siddhartha Khemka, Head of Retail Research at...

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Byju Raveendran Pledges Family Homes To Raise Funds For Salaries: Report

New Delhi, Dec 4 : Edtech major Byju Raveendran has reportedly pledged his home, as well as those owned by his family members, to raise money for paying employees amid...

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Meta Faces $598 Mn Lawsuit From Spanish Media Association: Report

San Francisco, Dec 4 : An association of 83 Spanish media outlets has filed a $598 million (550 million euro) lawsuit against Meta (formerly Facebook), accusing the tech giant of...

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Bank Nifty Hits New All-time High

Mumbai, Dec 4 : The Bank Nifty index witnessed a massive run up of 1,600 points during the day and managed to hit a new lifetime high of 46,484 on...

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Cji D.y. Chandrachud To Present 45th Bajaj Awards In Mumbai On Friday

Mumbai, Dec 4 : Supreme Court Chief Justice D.Y.Chandrachud will be the chief guest and give away the prestigious 45th Jamnalal Bajaj Foundation Awards at a mega-event here on December...

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Largecaps To Outperform Small And Midcaps In Near Term

Mumbai, Dec 4 : The Indian markets are set for another rally, this time driven by largecap stocks going into the general elections scheduled next year, said Jaykrishna Gandhi, Head,...

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Benchmark Indices At Record Highs, Markets In Overbought Condition

Mumbai, Dec 4 : The benchmark indices reached new record highs on Monday, with Nifty surpassing 20,650 and Bank Nifty achieving a record high, gaining 1617.20 points, said Mandar Bhojane,...

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Solarwinds India Appoints Abhijit Banerjee As Managing Director

New Delhi, Dec 4 : IT management software provider SolarWinds on Monday said it has appointed Abhijit Banerjee as managing director of its India operations, including the SAARC region (Bangladesh,...

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Byju’s Pays Remaining Employees’ Salaries For Nov After ‘technical Glitch’ (lead)

New Delhi, Dec 4 : Edtech major Byju’s has paid November salaries of some of its employees after a “technical glitch” hampered the payment of some 1,000 workers. Sources told...

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Spotify Announces To Cut 17% Of Jobs, 3rd Round Of Layoffs This Year

New Delhi, Dec 4 : Music streaming giant Spotify on Monday announced to eliminate about 17 per cent of its workforce across the company as it looks to become “both...

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Safety & Security Of Passengers Priority Of Civil Aviation Ministry: Scindia In Rs

New Delhi, Dec 4 : Union Minister for Civil Aviation Jyotiraditya Scindia on Monday said the safety and security of passengers is the priority of the ministry with the BCAS...

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Tech Glitch Delayed Some Employees’ Salaries, To Be Paid On Monday: Byju’s

New Delhi, Dec 4 : Some employees of edtech unicorn Byju’s had their salaries delayed due to a “technical glitch” and they were in the process of being paid on...

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Allen Career Institute Acquires Ai-led Doubts Platform \'doubtnut\'

New Delhi, Dec 4 : Allen Career Institute on Monday announced the acquisition of AI-led doubts-solving platform, Doubtnut. Doubtnut’s team will continue their focus on building a world-class doubt resolution...

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Nsdc Joins Hands With Blinkit, Apna, Quess Corp To Boost Employment

New Delhi, Dec 4 : The National Skill Development Corporation (NSDC), working under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), on Monday announced that it has...

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Ranbir Kapoor-starrer ‘animal’ Dominates Global Box-office, Ahead Of ‘napoleon,’ ‘hunger Games’

Los Angeles, Dec 4 : Bollywood star Ranbir Kapoor’s recently released film ‘Animal’, directed by Sandeep Vanga Reddy, has not just set the Indian box-office on fire but has also...

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Hiring In Indian It Services Industry To Remain Muted Over Next 2-3 Quarters

New Delhi, Dec 4 : Hiring in the Indian IT services industry is expected to remain muted over the next two-three quarters amid slowdown in demand, with companies focusing on...

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Zerodha\'s Kite App Goes Down For 3rd Time In 3 Straight Months

New Delhi, Dec 4 : Brokerage firm Zerodha’s trading app Kite on Monday suffered another technical glitch, marking the third straight month the platform has faced such issues. This comes...

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Google Delays Launch Of Its Gemini Ai To Next Year: Report

San Francisco, Dec 4 : Google has delayed the launch of Gemini, a conversational artificial intelligence that aims to compete with OpenAI, to next year in January, media report said....

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Genai Will Speed Up Drug Discovery, Boost Healthcare In India: Top Aws Executive

New Delhi, Dec 4 : Generative Artificial Intelligence (AI) has the potential to transform drug discovery and healthcare delivery in a country like India which has top-level medical experts with...

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\'toughen Up\': Indian-origin Billionaire Backs Narayana Murthy\'s 70-hr Work Week Advice

New Delhi, Dec 4 : Indian-American businessman and co-founder of Sun Microsystems, Vinod Khosla has backed Infosys founder NR Narayana Murthy’s suggestion that India’s youth must work 70 hours every...

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Now, Indigo Faces Criticism Over Delays From Former Union Minister

New Delhi, Dec 3 : Congress MP and former Union Minister Manish Tewar, on Sunday expressed frustration over repeated delays in IndiGo flights Tewari, who has taken three IndiGo flights...

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Outcome Of State Election Results Hints At Continued Uprun In Market

New Delhi, Dec 3 : The outcome of state election results hints towards continued uprun in the market, Dhiraj Relli, MD & CEO at HDFC Securities, said on Monday. While...

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S. Korea To See Negative Growth In 2050 If Low Fertility Rate Continues

Seoul, Dec 3 : South Korea is set to report negative economic growth in 2050 if the country fails to reverse its accelerating birth-rate decline, the central bank said on...

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X May Go Bankrupt Under Elon Musk If Advertisers Keep Fleeing

London, Dec 3 : The loans Elon Musk took out to buy Twitter (now called X) was about $13 billion and the social media company has to pay about $1.2...

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How Openai Fired Sam Altman While Blindsiding Satya Nadella

San Francisco, Dec 3 : Fresh details have emerged in Sam Altman’s ousting from OpenAI, with a new report claiming that the company’s old board deliberately excluded Microsoft after initially...

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Mukesh Ambani, S. Somanath Inspire New Graduates At Pdeu\'s 11th Convocation Ceremony

Gandhinagar, Dec 2 : The 11th convocation ceremony of Pandit Deendayal Energy University (PDEU) was graced by Reliance Industries Chairman Mukesh Ambani, and ISRO Chairman S.Somanath on Saturday. A total...

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India\'s Energy Requirement Set To Double By End Of This Decade: Mukesh Ambani

New Delhi, Dec 2 : India’s energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday. Speaking at the...

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Direct Flight Introduced Between Guwahati & Bangkok

Guwahati, Dec 2 : A tri-weekly direct flight between Guwahati and Bangkok has been introduced which will be operated by Thai Air Asia on Wednesday, Friday and Sunday on the...

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Air India Launches Robotic-enabled Eco-friendly, Water-saver Aircraft Cleaner

Mumbai, Dec 2 : Air India has launched an environment-friendly automated aircraft interior washing and nearly dry cleaning system that will save around 75,000 litres of water per aircraft annually,...

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\'electrifying And Eventful\': Powered By A Busy 2023, Ev Players On A High

Chennai, Dec 2 : The year 2023 could be termed as electrifying and eventful for the Indian electric vehicle (EV) industry. While the industry saw good volume growth, it also...

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Walmart Joins List Of Big Firms Who Pulled Ads From Elon Musk\'s X

San Francisco, Dec 2 : Retail giant Walmart has confirmed that it is not advertising on Elon Musk-run X (formerly Twitter), according to a report by CNN. “We aren’t advertising...

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India\'s Economic Growth: From Slowdown To Showdown, Numbers Vs Narrative

Thiruvananthapuram, Dec 2 : A study paper on India’s economic growth underscores that the slow recovery from the pandemic, dominance of non-productive sectors in driving growth, and imbalanced investment patterns...

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Uno Minda Building Land Banks In Tn, Pune And North India

Chennai, Dec 2 : In order to set up additional capacities to meet the future demand, automotive ancillaries major Uno Minda Ltd is building land banks in different states, said...

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Idbi Trusteeship Now Files Appeal Against Subhash Chandra In Nclat

Mumbai, Dec 2 : In the continuing saga replete with many twists and turns, IDBI Trusteeship Services Limited (ITSL) has now filed an appeal at the National Company Law Appellate...

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\'india As Big Gold Buyer Can Play Key Role In World Economic Order\'

New Delhi, Dec 1 : India as the second-largest buyer of gold in the world can play a crucial role in the global economic order as central banks are still...

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Games24x7 Joins Hands With K\'taka Govt For Gametech Accelerate Programme

New Delhi, Dec 1 : Games24x7, India’s leading online skill gaming company, today joined forces with the Government of Karnataka, to launch the gaming industry’s first-of-its-kind accelerator programme, ‘GameTech Accelerate...

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Broadcom To Lay Off Nearly 1,300 Vmware Employees Post-acquisition: Report

San Francisco, Dec 1 : US-based hardware company Broadcom will reportedly lay off nearly 1,267 employees from desktop virtualisation software provider VMware, which it finally acquired for $69 billion last...

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Gst Collection Surges To 8-month High In November

New Delhi, Dec 1 : The country’s gross GST revenue went up by 15 per cent to touch an 8-month high of Rs 1,67,929 crore mark in November, according to...

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Meta Purges Over 37 Mn Bad Pieces Of Content On Fb, Insta In India In Oct

New Delhi, Dec 1 : Meta said that it took down over 33.6 million pieces of content across 13 policies for Facebook and over 3.4 million pieces of content across...

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Genai Needs To Gain Cultural Fluency Like Humans: Amazon Cto

Las Vegas, Dec 1 : In the coming years, culture will play a crucial role in how generative Ai is designed, deployed and consumed, Amazon CTO Dr Werner Vogels has...

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Musk\'s X Sees Wave Of Resignations From Sales Team After Giving Bonus: Report

San Francisco, Dec 1 : Elon Musk-run X Corp has witnessed a wave of resignations from the sales team over the past month, media reports said. According to a report...

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Midcap Index Rising For Last 21 Sessions, Hitting Fresh Highs Since Nov 16

New Delhi, Dec 1 : The Nifty Midcap 100 index has been rising for the last 21 trading sessions and has been hitting fresh all-time highs since November 16, said...

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\'with More Than 5% Move In Nov, Nifty Index Looks To Be 13% Overvalued\'

New Delhi, Dec 1 : The Nifty-50 index was up 5.6 per cent in November.A report by Kotak Institutional Equities said that “as per our ‘Nifty fair value’ model that...

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Rbi, Bank Of England Ink Pact On Sharing Info

Mumbai, Dec 1 : Reserve Bank of India (RBI) and Bank of England (BoE) on Friday signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information in relation...

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Nifty Hits All-time High On Strong Gdp Estimates

New Delhi, Dec 1 : Nifty reached historic highs on Friday, with the mid-small cap segment also on the rise, fuelled by faster-than-expected economic growth in the September quarter and...

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Up Transport Dept, Maruti To Sign Mou For Maintaining Dtis

Lucknow, Dec 1 : The Uttar Pradesh transport department will soon sign an MoU with Maruti Suzuki for handling tasks related to automation, operation and maintenance of the Driving Training...

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Cop28: Uae Commits $30 Bn For Newly-launched Catalytic Climate Vehicle

Dubai, Dec 1 : As world leaders gathered for COP28, the UAE on Friday announced a $30 billion commitment to the newly launched catalytic climate vehicle, ALTERRA, that will drive...

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Whirlpool India Shares Fall By Over 8% After Parent Company Announces Plan To Sell Stake Up To 24%

New Delhi, Dec 1 : Whirlpool of India shares are down by more than 8 per cent on Friday after the parent company announced the plans to cut its stake...

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Power Crisis Takes A Toll On Fishermen In Coastal Karnataka As Ice Production Hits An All-time Low

Mangaluru, Dec 1 (IANS/101Reporters) Power crisis has cast a shadow on the fishermen in the coastal areas of Dakshina Kannada, Uttara Kannada and Udupi districts of Karnataka as the success...

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Raymond Independent Directors Say No Law Requires Them To Investigate Matrimonial Disputes

New Delhi, Dec 1 : The independent directors (IDs) of Raymond Limited have said that neither any law nor any corporate governance standard requires them to inquire into, investigate, or...

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Piyush Goyal Urges Corporates To Step Up Investments As India Is \'at Sweet Spot\'

New Delhi, Dec 1 : Union Commerce Minister Piyush Goyal on Friday urged corporates to increase investments in India as the country was “at a sweet spot” with massive development...

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Over 97% Of Rs 2,000 Banknotes Have Been Returned: Rbi

Mumbai, Dec 1 : The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the Reserve...

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Market Momentum Pushes Sensex Above 67k

New Delhi, Dec 1 : The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news...

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Us Stocks Climb In The Best Ever Month As Investors Bet On Fed\'s Interest Rate Cuts

New York, Dec 1 : US stocks climbed on Thursday morning, making it the best month this year for the investors who continued to bet on interest-rate cuts after reports...

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Our Own Chips In Genai Era Best Path To Make Customers’ Lives Better: Andy Jassy

Las Vegas, Nov 30 : Designing our own chips is the best path to makes our customers’ lives better and easier every day in the generative AI era, Amazon CEO...

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Oil Prices Rise As Opec+ Cartel Nears Deal On Production Cuts

New Delhi, Nov 30 : Crude oil prices have started firming up again in the international market as the OPEC+ cartel is reported to be on the verge of signing...

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