Business

Infra, Psu Shares Lead Market Losses

New Delhi, Feb 12 : Small cap shares are down on Monday amid broad based selling pressure in the markets. Infrastructure and PSU shares are also facing selling pressure in...

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Hyundai’s Accumulated Sales Set To Reach 100 Mn Units In 2023

Seoul, Feb 12 : South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the...

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Govt Announces National Creator\'s Awards For New-age Influencers

New Delhi, Feb 11 : The government has announced the ‘National Creators Award’ to recognise new-age influencers and creators and celebrate India’s digital creator economy. The ‘National Creators’ Award’ aims...

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Markets Look Tired, Weakness To Continue; Best To Stick To Large Cap Route

Mumbai, Feb 11 : It was an extremely volatile week in which one saw intraday gains being wiped out as well as opening losses being more than recovered. At the...

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Musk Plans To Shift 1 Mn People To Mars

New Delhi, Feb 11 : Billionaire Elon Musk on Sunday announced plans to shift one million people to Mars. “We are mapping out a game plan to get a million...

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Fashiontech Startup Blissclub Lays Off Nearly 18% Workforce To Cut Costs: Report

New Delhi, Feb 10 : Direct-to-consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted...

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Divi\'s Lab Posts 17% Rise In Q3 Net Profit To Rs 358 Crore

Mumbai, Feb 10 : Pharma major Divi’s Laboratories on Saturday reported a 17 per cent increase in its consolidated net profit to Rs 358 crore for the October-December quarter of...

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Backward Bending Income Curve To Adjust Work-life Balance (ians Opinion)

New Delhi, Feb 10 : When Infosys co-founder NR Narayana Murthy advised Indian youth to work for 70-hours a week to boost the country’s economy, there was a huge hue-and-cry...

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Microsoft Ends Week With $3.125 Tn Mcap, Becomes Most Valuable Company Ever

New York, Feb 10 : Microsoft ended the week with a market capitalisation of $3.125 trillion, the highest for any company ever, Barron’s reported. The company’s market value topped the...

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Esic Eases Norms To Extend Medical Cover To Retired Workers

New Delhi, Feb 10 : The Employees’ State Insurance Corporation (ESIC) on Saturday approved a proposal to provide medical benefit to insured superannuating workers who were dropped from the ESI...

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Cisco Likely To Slash Thousands Of Jobs Next Week: Report

San Francisco, Feb 10 : Global networking giant Cisco is reportedly geared up to lay off “thousands” of employees next week, as the company pivots to focus on “high-growth areas”....

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Marriage Agencies Going Bankrupt In Japan As Dating Apps Use Surge

Tokyo, Feb 10 : As people resort to dating apps rather than marriage consultation agencies, the number of bankruptcy filings has risen to a record level in Japan over the...

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German Chemicals Firm Basf To Withdraw From Xinjiang After Uyghur Abuse Claims

London, Feb 10 : The German chemicals producer BASF has said it will withdraw from its two joint ventures in Xinjiang, after reports about alleged human rights abuses relating to...

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Epfo Raises Interest Rate On Pf Deposits To 8.25% For 2023-24

New Delhi, Feb 10 : The Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) has recommended an interest rate of 8.25 per cent on Provident Fund deposits...

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$300 Bn Electronics Production In Few Years A Realistic, Achievable Target: It Minister

New Delhi, Feb 10 : India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the coming few years which is a...

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S&p 500 Closes Above Key 5,000 Level For First Time As Bullish Sentiment Spreads Across Wall Street

New York, Feb 10 : The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh...

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Sovereign Gold Bonds To Be Issued From Feb 12-16

New Delhi, Feb 10 : Finance Ministry on Friday said that the Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during February 12-16, with settlement date as...

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Fpi Equity Selling In 2024 At Rs 28,818 Crores

New Delhi, Feb 10 : Chief Investment Strategist of Geojit Financial Services V K Vijayakumar on Saturday said that the FPI investment trend of selling in equity and buying in...

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Spotify Shutting Feature That Lets Podcasters Use Full Licenced Music Tracks

San Francisco, Feb 10 : Music streaming giant Spotify has announced its decision to shut down some of its platform’s features in June, including web and mobile recording as well...

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Us Announces Over $5 Bn Investment In Chip-related R&d, Skill Development

Washington, Feb 10 : The Joe Biden-Kamala Harris administration has announced to invest over $5 billion in semiconductor-related research, development and workforce needs. The investment will empower the National Semiconductor...

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Openai Generating 100 Bn Words Per Day: Sam Altman

New Delhi, Feb 10 : ChatGPT maker OpenAI is currently generating about 100 billion worlds per day, its Co-founder and CEO Sam Altman revealed on Saturday, as he seeks trillions...

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Centre To Sign Pact With Teri For Institute For Energy Transition: R.k. Singh

New Delhi, Feb 9 : The Union Power Ministry intends to sign a memorandum of agreement with The Energy and Resources Institute (TERI) for setting up an institute for energy...

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One97 Communications Forms Group Advisory Committee Headed By Ex-sebi Chairman Damodaran

New Delhi, Feb 9 : The Board of One97 Communications Limited, which owns the brand Paytm, has announced the formation of a group advisory committee chaired by former SEBI Chairman...

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Rbi Allows Indian Bank Branches In Gift-ifsc To Trade On International Bullion Exchange

Mumbai, New Delhi : The Reserve Bank of India (RBI) on Friday issued a circular allowing the branches of Indian banks in GIFT-IFSC to act as a Trading Member or...

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Us Dollar Strengthening Again As Wall Street Accepts That Interest Rate Cuts Are Coming Later Than Expected

New York, Feb 9 : The US dollar greenback is strengthening again after a bumpy 2023, as Wall Street accepts that interest rate cuts are coming later than previously expected,...

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Fintech Startup Paymart To Offer \'virtual Atm\', Partners 5 Banks (lead)

New Delhi, Feb 9 : Fintech startup Paymart on Friday said that it has partnered with five Indian banks to offer its innovative virtual, cardless, and hardware-less cash withdrawal service....

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Centre Hikes Outlay For Fame India Ev Scheme To Rs 11,500 Cr

New Delhi, Feb 9 : The Ministry of Heavy Industries on Friday announced that the scheme outlay of FAME India Phase II has been enhanced from Rs 10,000 crore to...

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Regularly Monitoring Compliances Of Intermediaries With New It Rules: Mos It

New Delhi, Feb 9 : The government on Friday said it is regularly monitoring the compliances of intermediaries with the IT Rules, 2021 and the direction given in the latest...

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Mrf Logs Q3 Pat Of Rs 508.02 Cr, Declares Second Interim Dividend

Chennai, Feb 9 : Closing the third quarter with a net profit of Rs 508.02 crore, tyre major MRF Ltd has declared second interim dividend of Rs 3 per equity...

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Hero Motocorp Clocks 51% Surge In Q3 Net Profit, Declares Dividend Of Rs 100 A Share

New Delhi, Feb 9 : Auto major Hero MotoCorp on Friday reported a 51 per cent surge in net profit to Rs 1,073 crore for the October-December quarter of the...

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India’s Foreign Exchange Reserves Jump By $5,7 Bn

Mumbai, Feb 9 : India’s foreign exchange reserves jumped by $5.7 billion to $622.5 billion for the week ended February 2, RBI data released on Friday showed. In the previous...

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Samsung Galaxy Book 4 Series Set To Launch In India This Month

New Delhi, Feb 9 : Samsung is all set to launch its Galaxy Book4 series of notebooks in India this month.Sources told IANS that Samsung will likely announce pre-bookings of...

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Sharp Selloff Seen In Small And Midcap Stocks

Mumbai, Feb 9 : Sharp selling was seen in the broader domestic market on Friday on account of the rise in crude oil prices and muted global cues amid the...

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1 In 2 People Believe Ai Will Enable Hackers To Launch More Attacks

New Delhi, Feb 9 : One in two (50 per cent) people believe Artificial Intelligence (AI) will enable hackers to launch more attacks, a new report has said. According to...

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Financial Prosecutors Raid Huawei Offices In France

Paris, Feb 9 : The French offices of Chinese tech giant Huawei were searched this week, the company confirmed on Friday, saying it is fully cooperating with the authorities, a...

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Phonepe To Launch Indus Appstore In New Delhi On Feb 21

New Delhi, Feb 9 : PhonePe is set to launch the Indus Appstore consumer app on February 21 in the capital. The Android-based app store focuses on offering Indians a...

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Snapchat Faces Major Outage Globally, Including India

New Delhi, Feb 9 : Popular social media platform Snapchat on Friday suffered a major outage globally, including in India, with users reporting that they were unable to send messages,...

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Musk Plans To Discontinue Phone Number, Only X For Texts, Calls

New Delhi, Feb 9 : Tech billionaire Elon Musk on Friday said that he plans to discontinue his phone number and use only social media platform X for messages, audio...

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Licious Lays Off 3% Of Its Workforce Amid Restructuring Exercise

New Delhi, Feb 9 : Direct-to-consumer (D2C) foodtech platform Licious is laying off nearly 3 per cent of its workforce, around 80 employees, as part of a restructuring exercise. The...

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Pinterest Announces New Ad Deal With Google, Reaches 498 Mn Monthly Users

San Francisco, Feb 9 : Photo-sharing social media platform Pinterest has announced its next third-party ad integration with Google, as it reached an all-time record of 498 million monthly active...

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Ex-phonepe Ceo\'s Startup Paymart To Offer \'virtual Atm\', Partners 5 Indian Banks

New Delhi, Feb 9 : Former PhonePe CEO Amit Narang’s fintech startup Paymart on Friday said that it has partnered with five Indian banks to offer its innovative virtual, cardless,...

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Google Joins Global Coalition To Bring Transparency To Digital Content In Ai Era

New Delhi, Feb 9 : The Coalition for Content Provenance and Authenticity (C2PA), a global standards body advancing transparency online through certifying the provenance of digital content, on Friday announced...

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Parliamentary Panel\'s Proposal On Airfare Regulation Sends Indigo And Spicejet Shares Tumbling

New Delhi, Feb 9 : The stock prices of two major Indian airlines, IndiGo and SpiceJet, on Friday experienced a significant decline following the recommendation by a parliamentary panel to...

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Pakistan Stock Market Sinks As Uncertainty Surrounds Election Results

Karachi, Feb 9 : The Pakistan Stock Exchange (PSX) opened the day on a negative note as the benchmark KSE-100 index plunged over 2,000 points on Friday as uncertainty surrounded...

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Global Data Traffic Hit 59 Exabytes In 2023, Equivalent To Over 46 Cr Smartphones

New Delhi, Feb 9 : Global data traffic in 2023 reached 59 exabytes, a remarkable 23 per cent increase from the 48 exabytes recorded in 2022, a report said on...

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Max Healthcare To Expand Its Footprint In Maha

New Delhi, Feb 9 : Max Healthcare Institute Ltd (MHIL), one of India’s largest private healthcare providers on Friday announced the acquisition of 100 per cent stake in Alexis Multi-Speciality...

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China Is Worst Performer Among Emerging Markets Equities

New Delhi, Feb 9 : All the emerging markets indices saw negative performance in January with China being the worst performer at 10.6 per cent.As far as developed markets are...

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Josler Hydrocarbons Landmark Mou With Mngl For Gas Leak Prevention

New Delhi, Feb 9 : A Visionary Step in Environmental Conservation and Public Safety Josler Hydrocarbons India Pvt Ltd, a prominent gas leak detection firm based in Ahmedabad, has played...

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Small And Mid-cap Stocks Come Under Selling Pressure

New Delhi, Feb 9 : Small and mid-cap indices slumped on Friday in a broad based selling while the bluechip Sensex was flat. PSU stocks were also down across the...

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Black Box Limited Announced Financial Results

Mumbai, Feb 8 : Black Box Limited has announced the unaudited financial results for the quarter and nine months ended 31st December 2023. EBITDA for the quarter grew by 62...

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Realme Enters Top 5 Brands In India With 17.4 Mn Sales In 2023

New Delhi, Feb 9 : realme started 2024 on a strong note, having emerged as among India’s top five smartphone brands for 2023.The brand even went on to clinch the...

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Biocon Registers Rs 660cr Net Profit, Consolidated Revenue Of Rs 4,519cr In Q3

Bengaluru, Feb 9 : Biocon Ltd, the Bengaluru-based pharmaceutical giant on Thursday announced its consolidated financial results for the fiscal third quarter ended December 31, 2023. Kiran Mazumdar Shaw, Executive...

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Number Of Airports Increased From 74 To 149 From Fy15 To Fy23: White Paper

New Delhi, Feb 8 : The White Paper tabled by Finance Minister Nirmala Sitharaman in the Parliament on Thursday stated that India’s aviation industry has undergone significant growth and transformation...

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Famous Fcnr(b) Deposit Scheme Reeked Of Re-run Of 1991 Bop Crisis: White Paper

New Delhi, Feb 8 : The White Paper on Indian Economy tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha on Thursday said that the famous Foreign Currency Non-Resident...

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Indian Economy Transformed From \'fragile Five\' To \'top Five\': White Paper

New Delhi, feb 8 : Comparing the performance of the 10-year rule of the Narendra Modi government with that of the erstwhile UPA regime, the White Paper on Indian Economy...

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Upa Govt Brought India’s Finances To Perilous State: White Paper

New Delhi, Feb 8 : The White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Niramala Sitharaman on Thursday lambasts the erstwhile UPA government for bringing...

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Mha Decides To Scrap Free Movement Regime Between India And Myanmar

New Delhi, Feb 8 : The Union Ministry of Home Affairs (MHA) has decided to scrap the Free Movement Regime (FMR) between India and Myanmar to ensure the internal security...

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Upa Exploited Economic Growth For Narrow Political Purposes: White Paper

New Delhi, Feb 8 : The UPA government failed miserably to facilitate economic activities.Instead, it created hurdles that held back the economy, said the White Paper on Indian Economy tabled...

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Nda White Paper: Price Stability Was Hit As Inflation Raged During Upa Rule

New Delhi, Feb 8 : Union Finance Minister Nirmala Sitharaman on Thursday tabled a 59-page White Paper in the Lok Sabha, showcasing the achievements of the BJP-led National Democratic Alliance...

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White Paper: Health Expenditure Was A Pain Point For Households Under Upa Regime

New Delhi, Feb 8 : Finance Minister Nirmala Sitharaman on Thursday tabled a ‘White Paper’ in the Lok Sabha showcasing the achievements of the BJP-led National Democratic Alliance (NDA) in...

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2g To Coal Scam & More: White Paper Details 15 Scams During Upa Regime

New Delhi, Feb 8 : The White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday enumerates about 15 cases of corruption and...

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The Curious Case Of Upa’s Gold Export-import Scheme

New Delhi, Feb 8 : The 80:20 gold export-import scheme launched by the UPA government exemplifies how government systems and procedures were subverted to serve particular interests for obtaining illegitimate...

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What Sitharaman’s White Paper Says On Upa Era’s \'fragile\' Economy: Key Highlights

New Delhi, Feb 8 : The BJP-led National Democratic Alliance (NDA) government on Thursday presented a White Paper on Indian Economy to draw a comparison between the 10 years of...

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White Paper: Poor Planning, Execution Left Social Sector Funds Unspent In Upa Years

New Delhi, Feb 8 : Union Finance Minister Nirmala Sitharaman on Thursday tabled a ‘White Paper’ in the Lok Sabha showcasing the achievements of the BJP-led National Democratic Alliance (NDA)...

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Eet Hydrogen To Proceed Into Final Negotiations With Uk Govt To Develop Low Carbon Hydrogen Plant In Ellesmere

New Delhi, Feb 8 : EET Hydrogen has announced that it has a statement of principles with the UK government’s Department for Energy Security and Net Zero for its flagship...

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Upa\'s Coal, Telecom & Commonwealth Games Scams Dented India\'s Image: White Paper

New Delhi, Feb 8 : The White Paper presented in the Lok Sabha by Finance Minister Nirmala Sitharman on Thursday states that the erstwhile Congress-led UPA government’s decade of governance...

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Modi Govt\'s White Paper Exposes Upa’s ‘corruption’

New Delhi, Feb 8 : The Modi government’s ‘White Paper on Indian Economy’, which was tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha on Thursday, has “exposed” the...

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Upa Policy Paralysis Crippled Power, Telecom Sectors: White Paper

New Delhi, Feb 8 : The White Paper slams the erstwhile UPA government for the policy paralysis that resulted in large scale power shortages in the country and a 10-year...

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White Paper On Economy: Created An Ecosystem For Local Manufacturing, Ease Of Doing Biz

New Delhi, Feb 8 : As local manufacturing of various products, led by electronics, breaks all previous records, the Narendra Modi government has created an ecosystem through comprehensive measures undertaken...

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200% Increase In Smart Home Devices Connected To Alexa In Last 3 Yrs: Amazon

New Delhi, Feb 8 : As Amazon celebrates Alexa’s sixth anniversary in India, the company on Thursday said that there has been 200 per cent growth in Alexa-connected smart home...

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Upa’s Response To 2008 Global Financial Crisis Was Worse Than The Problem: White Paper

New Delhi, Feb 8 : The UPA government’s response to the 2008 global financial crisis — a fiscal stimulus package to combat the spill-over effects — was much worse than...

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White Paper On Economy: Govt Used Tech As Vehicle Of Social Empowerment Via Jam Trinity

New Delhi, Feb 8 : The Narendra Modi government has resolved the execution challenges that plagued the UPA government by implementing technology-based targeting and monitoring mechanisms, according to the ‘White...

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Inflows Into Equity Funds At 22-month High As Markets Scale Record Highs

New Delhi, Feb 8 : Inflows into equity funds in India surged to a 22-month high in January, driven by investments into multi and smallcap schemes as the markets scaled...

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Upa Govt Provided Policy Uncertainty And Hostility: White Paper

New Delhi, Feb 8 : While investors across the world sought ease of doing business, the UPA government provided policy uncertainty and hostility, as per the White Paper on Indian...

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Nifty Slides Led By Bank Stocks After Rbi Monetary Policy

Mumbai, Feb 8 : Nifty fell in late morning trade on Thursday, pulled down by bank stocks after the Reserve Bank of India’s monetary policy decision and dragging by the...

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White Paper On Economy: Nda Under Pm Modi Nursed Banking Sector From Sickness To Health

New Delhi, Feb 8 : The National Democratic Alliance (NDA) government, led by Prime Minister Narendra Modi nursed the Indian banking sector from sickness to health, said the ‘White Paper...

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White Paper On Economy: Revived India\'s Telecom Sector After Decade Of Policy Paralysis, 2g Scam

New Delhi, Feb 8 : India’s telecom sector that lost a precious decade due to the 2G scam and policy paralysis, swung back to life after 2014 as the government...

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Eet Hydrogen To Proceed Into Final Negotiations With Uk Government To Develop Low-carbon Hydrogen Plant In Ellesmere

New Delhi, Feb 8 : EET Hydrogen is pleased to announce it has a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its...

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Bangladesh Cuts Import Tariffs On Selected Consumer Items

Dhaka, Feb 8 : Bangladesh on Thursday withdrew customs tariff and slashed regulatory duty on rice, sugar and dates, and lifted value-added tax (VAT) on edible oil with immediate effect....

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Mallika Srinivasan Resigns As Independent Director From Swiggy Board

New Delhi, Feb 8 : Online food delivery platform Swiggy said on Thursday that Mallika Srinivasan has stepped down from the company’s Board as an Independent Director a year after...

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Zomato Registers Rs 125 Cr Profit In Q3 Fy24, Revenue Up 53%

New Delhi, Feb 8 : Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third quarter (Q3) of the current financial year —...

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Paytm App Not Impacted By Directives, Is Free To Partner With Other Banks, Says Rbi

New Delhi, Feb 8 : The Reserve Bank of India (RBI) has stated that Paytm app will not be impacted by the recent order issued against Paytm Payments Bank Limited...

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Sitharaman To Present ‘white Paper’ On Upa Era’s Economic Mismanagement

New Delhi, Feb 8 : Finance Minister Nirmala Sitharaman is set to present ‘white paper’ in Lok Sabha on Thursday, showcasing the achievements of Bharatiya Janata Party (BJP)-led National Democratic...

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Telangana Plans Ai City, New Industrial Policy

Hyderabad, Feb 8 : The Revanth Reddy Government of Telangana will develop an Artificial Intelligence (AI) City in Hyderabad and will bring a new policy to promote industries and services...

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Ficci Supports The Idea Of \'one Nation One Election\'

New Delhi, Feb 8 : A FICCI delegation led by its President Anish Shah met with members of the High-Level Committee on ‘One Nation One Election’, chaired by former President...

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Sarvam Ai Partners Microsoft To Bring Its Voice-based Ai Tools To Azure

New Delhi, Feb 8 : Indian generative AI startup Sarvam AI on Thursday announced its collaboration with Microsoft to make its Indic voice Large Language Model (LLM) available on Azure....

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Ondc, Nccf, Shiprocket To Deliver Essential Household Staples At Your Doorstep

New Delhi, Feb 8 : In a significant move to streamline access to essential household commodities, the Open Network for Digital Commerce (ONDC), the National Cooperative Consumers’ Federation of India...

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Indian Company Dynamatic Technologies Awarded Contract By Airbus For A220 Family Plane Doors

New Delhi, Feb 8 : Airbus has awarded a contract to Dynamatic Technologies, an Indian company, for the manufacturing of doors for the A220 family of planes. The contract was...

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Curbs On Paytm Payments Bank Proportionate To Gravity Of Situation: Rbi

Mumbai, Feb 8 : Senior RBI officials on Thursday said that barring Paytm Payments Banks from accepting deposits was part of “a supervisory action and the restrictions are proportionate to...

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Ondc, Nccf, Shiprocket To Deliver Essential Household Staples To Your Doorstep

New Delhi, Feb 8 : In a significant move to streamline access to essential household commodities, the Open Network for Digital Commerce (ONDC), the National Cooperative Consumers’ Federation of India...

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Google Pilots New Programme To Protect Android Users From Financial Fraud

New Delhi, Feb 8 : Google has started a new programme, ‘enhanced fraud protection’ with Google Play Protect to help better shield Android users from financial fraud attacks. The company...

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\'shark Tank India 3\': Home Care Brand ‘koparo’ Bags Rs 70 Lakh Deal With Vineeta, Aman

Mumbai, Feb 8 : The business reality show ‘Shark Tank India’ season 3 witnessed a pitch by home care brand ‘Koparo’, which has bagged a deal of Rs 70 lakh...

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Realme Dominates Mid-end Market With Value-driven Premium Products

New Delhi, Feb 8 : The month of January witnessed the launch of numerous premium devices, especially in the mid-premium segment.Among these, realme stood out, leading the pack in first-day...

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Rbi May Not Cut Repo Rate Any Soon Or For Six Months: Economists

Chennai, Feb 8 : With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are of the view...

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Rbi Plans New Framework For Authentication Of Digital Transactions

Mumbai, Feb 8 : The RBI on Thursday said that it has decided to come out with a new framework for authentication of digital payment transactions and introduce additional norms...

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Jindal Law School\'s Interdisciplinary Research Outshines Faculty Publications By Top 4 Nlus

Sonipat, Feb 8 : Jindal Global Law School (JGLS) of the O.P.Jindal Global University (JGU) continues its knowledge production with a shifting focus on interdisciplinarity. JGLS researchers published over 175+...

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Mexico Overtakes China As The Top Exporter Of Goods To Us

New York, Feb 8 : For the past two decades, the US imported more goods from China than all other nations.That’s no longer the case now, the media reported. Mexico...

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Gic Re’s Scrip Flares Up To Touch 52-week High Of Rs 467

Chennai, Feb 8 : The national reinsurer General Insurance Corporation of India’s (GIC Re) scrip flared up to reach a 52 week high of Rs 467 on Thursday and came...

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Rbi Makes Key Fact Statement A Must For Retail And Msme Loans

Mumbai, Feb 8 : The RBI on Thursday announced that it is mandatory for regulated entities such as NBFCs to provide ‘Key Fact Statement’ (KFS) in a simple format to...

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Rbi To Review Regulatory Norms For Electronic Trading Platforms

Mumbai, Feb 8 : The RBI announced on Thursday that it has decided to review the regulatory framework for Electronic Trading Platforms (ETPs) and the revised regulatory framework will be...

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Rbi Projects Gdp Growth At 7% For 2024-25, Sees Inflation Falling To 4.5%

Mumbai, Feb 8 : The RBI has projected India’s real GDP growth for 2024-25 at 7.0 per cent as it expects the growth momentum to continue into the next financial...

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Rbi Allows Hedging Of Gold Price Risk In Ifsc

Mumbai, Feb 8 : The Reserve Bank of India (RBI) has decided to allow hedging of gold price risk in the Over the Counter (OTC) Market in the International Financial...

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Itel Unveils Itel P55 And P55+, Featuring India\'s 1st 24gb Ram, 45w Power Charging

New Delhi, Feb 8 : itel, the most popular sub-10K smartphone brand in India, on Thursday launched two new innovative smartphones under the long-awaited Power series, featuring itel P55 and...

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Rbi Retains Repo Rate At 6.5% For Sixth Time In A Row (2nd Ld)

Chennai, Feb 8 : Not belying the expectations of senior economists, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has retained the repo rate at 6.50 per cent...

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Warner Music Group To Cut 600 Jobs To Invest More In Music

San Francisco, Feb 8 : Global music entertainment company Warner Music Group has announced to lay off 10 per cent of its workforce, or about 600 employees, in order to...

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Sensex Tanks More Than 600 Points After Rbi Credit Policy

New Delhi, Feb 8 : BSE Sensex tanked more than 600 points after RBI announcement of credit policy with banks leading the fall. Sensex was trading at 71,523.08 points down...

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Rbi Leaves Repo Rate Untouched At 6.5% For 6th Time In A Row (ld)

Mumbai, Feb 8 : The RBI on Thursday left the repo rate unchanged at 6.5% for the sixth consecutive time as part of its policy to keep inflation in check...

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Essar\'s Sustainability Initiatives Propel India\'s Energy Transformation

New Delhi, Feb 8 : Essar, a prominent player in India’s energy landscape, is charting a new course towards sustainability. At the recent India Energy Week, the company unveiled an...

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Disney To Invest $1.5 Bn In Epic Games To Create Games, Entertainment Universe

San Francisco, Feb 8 : Entertainment giant Disney has said that it will invest $1.5 billion to acquire an equity stake in the ‘Fortnite’ maker Epic Games and work with...

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Government Confirms No Investigation Or Systemic Stability Concerns: Paytm

New Delhi, Feb 8 : In a reassuring development for the digital payments giant, Paytm, and its vast user base, recent clarifications from top government officials have put to rest...

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Ai-based Writing Assistant Grammarly To Lay Off 230 Employees

San Francisco, Feb 8 : Popular AI-based writing assistant Grammarly is laying off 230 workers as part of restructuring and 82 of the affected workforce are in the US. The...

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Us Companies Flashing Key Sign Of Economic Uncertainty By Hoarding Cash

New York, Feb 7 : America’s publicly traded companies are flashing a key sign of economic uncertainty — they’ve been hoarding cash, a media report said. Americans have spent down...

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India\'s Merchandise Exports In Q4 Will Be $118.2 Bn: Export Import Bank Of India

Chennai, Feb 7 : India’s merchandise exports for the fourth quarter of FY24 will be about $118.2 billion, logging a year-on-year (YoY) growth of 2.96 per cent, the Export-Import Bank...

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Cholamandalam Ms General Insurance Targets Rs 7,700 Crore Premium

Chennai, Feb 7 : Murugappa group’s multi-line insurer Cholamandalam MS General Insurance Company Ltd targets to close this fiscal with a gross premium of about Rs 7,700 crore, a top...

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Power Grid Q3 Net Profit Up 10.5%, Declares 2nd Dividend

New Delhi, Jan 7 : Power Grid Corporation of India Ltd on Wednesday reported a 10.5 per cent growth in its consolidated net profit at Rs 4,028 crore in the...

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India\'s Solar Power Potential Estimated At 748 Gw; Rajasthan Tops, J&k 2nd

New Delhi, Feb 7 : India’s total solar energy potential has been estimated at 748 GWp (Giga Watt peak), Union Minister for New & Renewable Energy and Power, R.K.Singh, informed...

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Monsoon Trawl Ban Not Detrimental To Prawn Resources: Cmfri Study

Kochi, Feb 7 : A new study by the ICAR-Central Marine Fisheries Research Institute (CMFRI) has found that the monsoon trawl ban is not detrimental to kiddi prawn resources. The...

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Freshworks Reports 20% Revenue Growth, Unleashes Latest Genai Across Products

San Francisco, Feb 7 : Software major Freshworks has reported 20 per cent growth in its revenue for the fourth quarter of 2023, as it doubles down on using latest...

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India\'s Smartwatch Shipments Grow 50% In 2023, Fire-boltt Leads: Report

New Delhi, Feb 7 : India’s smartwatch shipments have witnessed 50 per cent (year-on-year) growth in 2023, with Fire-Boltt leading the market, a new report said on Wednesday. According to...

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India Poised To Lead Global Oil Demand Growth: Iea

New Delhi, Feb 7 : India will become the largest source of growth for global oil demand between now and 2030, while growth in developed economies and China initially slows...

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Dbs Slashes Ceo\'s Bonus By 30% After Disruptions To Its Digital Services

Singapore, Feb 7 : Singapore’s biggest bank DBS has slashed its CEO’s bonus by 30 per cent after disruptions to its digital services, despite it posting a record profit, a...

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Nifty Closes Flat Ahead Of Rbi Policy Meeting

Mumbai, Feb 7 : Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels.Barring IT, all other sectors ended in green, said Siddhartha Khemka,...

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Iphone Users Targeted By Govt Hackers With 0-days Vulnerabilities: Google

New Delhi, Feb 7 : Google has said that government hackers last year used three undiscovered flaws in Apple’s iPhone operating system to target users with spyware created by a...

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Nestle Net Profit Up 4% At Rs 656 Crore For Oct-dec

New Delhi, Feb 7 : Nestle India on Wednesday reported a 4.4 per cent rise in net profit at Rs 655.6 crore for the October-December quarter compared to the corresponding...

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Wadhwani Foundation Launches 3 Ai Co-pilots To Boost Employability Of Indian Youth

New Delhi, Feb 7 : Non-profit organisation Wadhwani Foundation on Wednesday launched three new AI Co-Pilots to enhance the employability of Indian youth and young adults. The three AI Co-Pilots...

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Bootcamp To Be Held On Fintech In Six Up Cities

Lucknow, Feb 7 : The Indian Institute of Management-Lucknow’s Enterprise Incubation Centre (IIML EIC) and Reserve Bank Innovation Hub (RBIH) are organising a UP Fintech Futurepreneurs Bootcamp in six cities...

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Gm Head Holds Talks With Samsung, Lg Execs Over Ev Battery, Auto Parts

Seoul, Feb 7 : The head of the US auto giant General Motors (GM) met with chiefs of Samsung Group affiliates on Wednesday to discuss cooperation in areas involving electric...

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Amazon Slashes Hundreds Of Jobs In Pharmacy, One Medical Units

San Francisco, Feb 7 : Amazon has eliminated hundreds of jobs from its healthcare units, including Amazon Pharmacy and One Medical, as part of a broader cost-cutting campaign. The company...

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Mobile Phone Manufacturing Up 1,700% In Last 10 Yrs, Exports Up 5,600%: Mos It

New Delhi, Feb 7 : The mobile phone manufacturing has increased from an estimated Rs 18,900 crore in 2014-15 to an estimated Rs 3,50,000 crore in 2022-23, making an impressive...

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Microsoft To Help India Become An Ai World Leader: Satya Nadella

Mumbai, Feb 7 : As India embarks on its Artificial Intelligence (AI) journey, Microsoft will help the country become self-reliant by fostering a skilled AI workforce and empowering every sector...

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India Exports Bananas To Russia After Moscow Stops Purchase From Ecuador (ld Correcting Headline)

New Delhi, Feb 7 : India has started exporting bananas to Russia and the export volumes are planned to be increased in the future as, media reports said. Russia was...

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Spain Trip Useful, Agreements For Investments Worth Rs 3,440 Crore Signed: Stalin

Chennai, Feb 7 : Tamil Nadu Chief Minister MK Stalin said on Wednesday that his eight-day-long visit to Spain was fruitful and agreements for investments to the tune of Rs...

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Not Much Excitement In Markets Ahead Of Rbi Policy Meet: Report

New Delhi, Feb 7 : Emkay Global Financial Services has said that there is not much excitement in the markets, ahead of the upcoming MPC meet as most are expecting...

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Veg Thali Prices Up, Non-veg Meal Costs Come Down In Jan

Chennai, Feb 7 : At their homes, vegetarians spent 5 per cent more per thali in January 2024 as compared to January 2023 due to higher prices paid for onion,...

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Russia Starts Exporting Bananas To India After Moscow Stops Purchase From Ecuador

New Delhi, Feb 7 : India has started supplying bananas to Russia with export volumes planned to be increased in the future, media reports said. Russia was earlier importing bananas...

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Aws Launches 1st Space Tech Accelerator Programme In India

New Delhi, Feb 7 : Amazon Web Services (AWS) on Wednesday launched the first space tech accelerator programme in India with support from T-Hub and Minfy. AWS Space Accelerator: India,...

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Tata Partners Microsoft To Provide Calling Solutions On Teams For Indian Enterprises

New Delhi, Feb 7 : Tata Communications on Wednesday announced that it partnered with Microsoft to provide flexibility in collaboration and connectivity on Microsoft Teams for enterprises in India. The...

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Sensex Slips Below 72k Mark

New Delhi, Feb 7 : BSE Sensex slipped into the red in the morning trade on Wednesday giving up its initial gains. Sensex is trading at 71,977.80 points, down 208.29...

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Mutual Funds Holding In Nse Companies At All-time High

New Delhi, Feb 7 : The share of domestic Mutual Funds (MFs) in companies listed on NSE rose to an all-time high of 8.81 per cent as on December 31,...

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Microsoft To Skill 2 Mn Indians In Ai, To Further Invest In Country: Satya Nadella

Bengaluru, Feb 7 : Microsoft Chairman and CEO Satya Nadella on Wednesday announced that the company will train more than two million people in India in generative AI skills, to...

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Excessive Speculation In Low Grade Stocks An Area Of Concern, Say Analysts

New Delhi, Feb 7 : An area of concern is the excessive speculation in low-grade stocks where many are doubling in a few days.These excesses of a bull market warrant...

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Meta Expands \'take It Down\' Programme To Help Teens Fight Sextortion

New Delhi, Feb 7 : Meta (formerly Facebook) has worked with the US National Center for Missing & Exploited Children (NCMEC) to expand the ‘Take It Down’ programme to more...

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Leading Wi-fi Solutions Provider Netgear Appoints New Ceo

New Delhi, Feb 7 : Global networking company Netgear on Wednesday appointed Charles (CJ) Prober as its CEO. Prober succeeds Patrick C.S.Lo, who is retiring from his position as CEO...

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Docusign To Cut 6% Jobs In Restructuring Exercise

San Francisco, Feb 7 : US-based e-signature software company DocuSign has announced to lay off around 6 per cent of its workforce as part of its restructuring plan. As per...

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Kashmir Cricket Bat Makers Sue Shark Tank India, Tramboo Sports Over \'false Claim\'

Srinagar, Feb 7 : The Cricket Bat Manufacturers Association of Kashmir (CBMAK) has sued Sony Entertainment Television, Shark Tank India and Tramboo Sports for alleged business loss and mental agony....

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Cci Approves Zurich Insurance\'s Acquisition Of 70% Stake In Kotak Mahindra General Insurance

New Delhi, Feb 6 : The Competition Commission of India (CCI) has approved the acquisition of 70 per cent stake in Kotak Mahindra General Insurance Company Limited by the Zurich...

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Irdai Approves Capital Infusion By Axis Bank Into Max Life

New Delhi, Feb 6 : Insurance regulator, IRDAI has approved the capital infusion by Axis Bank into Max Life, subject to the approval of the competition watchdog CCI. The PFRDA...

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Nazara Tech Logs Highest Ever Quarterly Revenue At Rs 320.4 Cr, Pat Up 47%

New Delhi, Feb 6 : Online gaming major Nazara Technologies on Tuesday reported 2 per cent growth in revenue in Q3 FY24 to Rs 320.4 crore as against Rs 314.8...

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Wall Street Worried About Another Us Regional Banking Crisis

New York, Feb 6 : US banks hold about $2.7 trillion in commercial real-estate loans. The majority of that, about 80 per cent, according to Goldman Sachs economists, is held...

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Britannia Posts 40% Fall In Net Profit For Oct-dec Quarter

Mumbai, Feb 6 : Food products major Britannia Ltd on Tuesday reported a 40 per cent decline in its consolidated net profit at Rs 556 crore for the October-December quarter...

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Flight From Delhi To Jabalpur To Restart From March 1, Says Scindia

New Delhi, Feb 6 : Union Minister of Civil Aviation, Jyotiraditya Scindia, on Tuesday said that the direct flights from Delhi to Jabalpur and Mumbai to Jabalpur would restart from...

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Ubs Deepens Cost-cutting Drive Launched After Its Acquisition Of Rival Credit Suisse

London, Feb 6 : Swiss lender UBS has deepened a cost-cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to...

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Man Takes Chatgpt Help To Find Wife From Over 5k Matches On Tinder

New Delhi, Feb 6 : A Russian man has revealed that he used OpenAI’s AI chatbot ChatGPT to help him find his life partner after eliminating over 5,000 matches on...

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Nifty Continues \'one Day Up, One Day Down\' Trend (ld)

Mumbai, Feb 6 : Nifty ended higher on Tuesday, continuing the ‘one day up, one day down’ trend. At close, Nifty was up 0.72 per cent or 157.7 points at...

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Rbi Fines Power Finance Corporation For Breach Of Norms

Mumbai, Feb 6 : The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 8.80 lakh on Power Finance Corporation Ltd for breach of norms related to...

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Csir-niist Transfers Process To Make Key Enzyme For Biofuel For Commercial Use

Thiruvananthapuram, Feb 6 : The Council of Scientific and Industrial Research (CSIR) has transferred, for commercial use, the process for production of beta glucosidase enzyme, used to manufacture biofuels, a...

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India’s Ev Charging Station Count Rises To 12,146; Maharashtra Leads, Delhi 2nd

New Delhi, Feb 6 : The number of electric vehicle (EV) charging stations that are operating in the country has gone up to 12,146 as of February 2 this year,...

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Seros Energy Pioneers Environmental Responsibility And Innovation In India\'s Cbm Exploration

New Delhi, Feb 6 : Seros Energy Private Limited, an innovator in Coal Based Methane (CBM) exploration, participated in India Energy Week, presenting its cutting-edge initiatives and advancements in the...

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Chinese Stocks Stage Their Biggest Rally In Years

Hong Kong, Feb 6 : Chinese stocks staged their biggest rally in years on Tuesday, after the country’s sovereign wealth fund said it would step up buying shares as officials...

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Nifty Closes Near Day’s High With Gains Of 158 Points

Mumbai, Feb 6 : Nifty opened positive and gained strength throughout the session on Tuesday to close near the day’s high with gains of 158 points, or 0.7 per cent,...

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Kunal Shah\'s Cred Acquires Wealth Management Platform Kuvera

New Delhi, Feb 6 : Credit Card bill payment leader CRED on Tuesday announced the acquisition of the online wealth management platform Kuvera in an effort to take on the...

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Rbi-mpc To Continue With Repo Rate

Chennai, Feb 6 : Considering the elevated inflation rate the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will continue with the 6.5 per cent repo rate, said senior...

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India\'s Retail Lending Showed Moderated Growth During Quarter Ending Sept 2023

New Delhi, Feb 6 : India’s retail lending showed moderated growth during the quarter ending September 2023 as financial institutions tightened the supply of credit, especially on consumption-led products like...

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Tcs Market Capitalisation Crosses Rs 15 Lakh Crore

New Delhi, Feb 6 : The market capitalisation of India’s second most valuable company, Tata Consultancy Services (TCS) crossed the Rs 15 lakh crore mark on Tuesday. TCS was the...

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Global 6g Connections To Reach 290 Mn But Operators Must Solve Network Interference: Report

New Delhi, Feb 6 : Global 6G connections are likely to reach 290 million in the first two years of service but operators must solve network interference problems arising from...

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With 9.9% Growth, Nifty Microcap 250 Emerged As Best Performing Index In Jan

New Delhi, Feb 6 : In January 2024, Nifty Microcap 250 emerged as the best performing Index with an impressive growth of 9.9%, according to a report by Motilal Oswal...

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Small And Mid Cap Stocks Space Indicates Unsettling Calm, Says Report

New Delhi, Feb 6 : The number of days the Small & Midcap indices have risen by 1% or more neared previous best years in 2023.Such broad, ‘all boats sailing’...

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Tarun Chhabra Appointed New Nokia India Head

New Delhi, Feb 6 : The head of mobile networks and senior vice president at Nokia, Tarun Chhabra, has been appointed as the company’s new India head in an organisational...

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Sensex Up More Than 300 Points Led By Wipro, Tcs

New Delhi, Feb 6 : BSE Sensex is up more than 300 points in Tuesday morning trade led by heavyweight IT stocks, Wipro and TCS. Sensex is trading at 72,080.89...

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Fintech Platform Juspay Acquires Lotuspay In All-cash Deal

New Delhi, Feb 6 : Payments infrastructure company Juspay on Tuesday announced the acquisition of LotusPay in an all-cash deal.The financial details were not disclosed. Juspay provides payments solutions for...

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Bengaluru-based Ev Startup River Raises Rs 335 Cr Led By Yamaha Motor

New Delhi, Feb 6 : Bengaluru-based EV startup River on Tuesday said it has raised $40 million (about Rs 335 crore) in a Series B round led by Yamaha Motor...

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Paytm Denies Being In Talks With Jio Financial Services To Sell Wallet Business

New Delhi, Feb 6 : Jio Financial Services has clarified that the company has not been in discussions to acquire Paytm wallet. Jio Financial Services gave the clarification following reports...

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Hdfc Gets Rbi Nod To Acquire 9.5% Stake In Indusind Bank

Mumbai, Feb 6 : The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire an up to 9.5 per cent stake in IndusInd Bank. “Pursuant to Regulation...

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Microsoft Partners News Website Semafor For Ai-assisted Stories

San Francisco, Feb 6 : Microsoft has announced its partnership with media platform Semafor and other news organisations to help journalists work with generative artificial intelligence (AI) to produce content....

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Diagnostic Imaging To See Advances In Ai, Imaging Agents & Ultrasound Tech In 2024: Report

New Delhi, Feb 5 : Diagnostic imaging will see advances in AI, imaging agents, and ultrasound technology in 2024, according to a report on Monday. This is driven by surging...

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One97 Communications Denies Reports Of Probe For Violation Of Foreign Exchange Rules

New Delhi, Feb 5 : One97 Communications Limited has reiterated that the company and its associate Paytm Payments Bank Limited are not the subject matter of any investigation for violation...

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Us Stocks Fall After Fed Chair Powell Says Central Bank Not Yet Ready To Cut Rates

New York, Feb 5 : US stocks fell on Monday after Federal Reserve Chair Jerome Powell said on Sunday that the central bank is not ready to cut interest rates...

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Snapchat’s Parent Company Lays Off 10% Of Global Full-time Workforce

New Delhi, Feb 5 : Snap, the parent company of Snapchat, on Monday announced to lay off approximately 10 per cent of its global full-time employees. The company had around...

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Zuckerberg Overtakes Bill Gates, Becomes Fourth Richest Person In The World

New York, Feb 5 : Meta Platforms CEO Mark Zuckerberg is now the fourth richest person in the world following a surge in Meta’s share price that has increased his...

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Ashok Leyland Posts 60% Rise In Q3 Net Profit At Rs 580 Crore

New Delhi, Feb 5 : Heavy vehicle manufacturer Ashok Leyland on Monday reported a 60 per cent increase in its standalone net profit at Rs 580 crore for the October-December...

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Oecd Raises India\'s Growth Outlook For 2024 To 6.2%

New Delhi, Feb 5 : The Organisation for Economic Co-operation and Development (OECD) has raised India’s growth outlook for 2024 to 6.2 per cent in its latest interim economic outlook...

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Adani Total Gas Inks Pact With Inoxcva To Strengthen Lng Ecosystem In India

Ahmedabad, Feb 5 : Adani Total Gas Ltd (ATGL), India’s leading city gas distribution company and INOX India Ltd (INOXCVA), one of the world’s leading cryogenic liquid storage, have joined...

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Indian Toy Makers Get $10 Mn Worth Export Orders At Global Fair In Germany

New Delhi, Feb 5 : Indian toy makers, who participated in the five-day international toy fair at Nuremberg in Germany, claim to have received huge orders worth more than $10...

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Govt Moving To One Regulator System For Food Safety Certification

New Delhi, Feb 5 : In a move that would facilitate ease of doing business through the concept of ‘One Nation, One Commodity, One Regulator’, the Food Safety and Standards...

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S.p. Apparels To Acquire 51.33% Stake In Young Brand Apparels

Chennai, Feb 5 : Listed garment maker S.P.Apparels Ltd on Monday said it will acquire 51.33 per cent stake in the Rs 325.91 crore revenue Young Brand Apparels Private Ltd...

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I\'ve Been Moving Mountains For Months To Make The Payroll: Byju Raveendran

New Delhi, Feb 5 : Byju Raveendran, Founder and CEO of embattled edtech company Byju’s, has told employees that he has been moving mountains for months to make payroll and...

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Dhankhar To Open World Sustainable Development Summit

New Delhi, Feb 5 : The World Sustainable Development Summit (WSDS) will be inaugurated by Vice-President Jagdeep Dhankhar on Tuesday here, an official said on Monday. Joining him at the...

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Govt Rakes In Rs 600 Crore As Penalties From Taxpayers’ Delay In Pan-aadhar Link

New Delhi, Feb 5 : The government has collected over Rs 600 crore as penalties from persons who failed to meet the deadline for linking their PAN with their Aadhaar...

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India Well Positioned To Use Ai To Make Software Development More Productive: Google

New Delhi, Feb 5 : India is well positioned to use artificial intelligence (AI) to make software development more productive in the country, Google said in a blogpost on Monday....

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Interim J&k Budget Presented In Parliament

Srinagar, Feb 5 : Finance Minister Nirmala Sithraman on Monday presented the Jammu and Kashmir Interim Budget 2024 and revised estimates of J&K for the current fiscal in the Parliament....

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Adani Electricity Taps In Sunshine, Wind & Ai To Reduce Mumbaikars\' Power Bills

Mumbai, Feb 5 : The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumers’ power-related woes in Mumbai is making good use of abundant bright sunshine, free-flowing...

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Paytm Denies Reports On Selling Its Wallet Business, Says \'market Speculation\'

New Delhi, Feb 5 : Leading financial services company Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid...

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Kochi To Host 6th Edition Of Indian Boat And Marine Show

Kochi, Feb 5 : Kerala’s commercial capital, Kochi will host the 6th edition of India Boat & Marine Show (IBMS), the country’s premier boating, marine, and water sports industry-related expo...

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Airtel Q3 Net Profit Jumps 54% To Rs 2,442 Crore

New Delhi, Feb 5 : Telecom major Bharti Airtel Ltd on Monday reported a 54 per cent jump in consolidated net profit at Rs 2,442 crore for the October-December quarter...

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Markets Showing Volatility At The Highs

Mumbai, Feb 5 : After showing intra-day decline from the highs of Friday, Nifty slipped into weakness amid volatility on Monday and closed the day lower by 82 points, said...

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Nifty Suffers Sharp Fall In Last Hour Of Trade

Mumbai, Feb 5 : The market witnessed a sharp fall during the final hours of Monday’s trading, said Vinod Nair, Head of Research at Geojit Financial Services. At close, Sensex...

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Pm Suryodaya Yojana: Know About Centre’s Scheme To Harness Solar Energy, Empower The Poor With ‘free Electricity’

New Delhi, Feb 5 : The ‘Pradhan Mantri Suryodaya Yojana’, launched by Prime Minister Narendra Modi on January 22 this year, is a path-breaking initiative aimed at making electricity bills...

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Us Investment Firm Vanguard Cuts Ola\'s Valuation To $1.88 Bn

New Delhi, Feb 5 : US-based investment firm Vanguard has reportedly slashed down ride-hailing major Ola’s valuation to less than $2 billion. Vanguard marked down Ola’s parent company ANI Technologies...

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90% Indian Cios To Increase Spending On Ai Tools In 2024: Report

New Delhi, Feb 5 : Artificial Intelligence (AI) is dominating the mindshare of Indian Chief Information Officers (CIO)s, with more than 90 per cent looking to increase spending on right...

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Indian Bank Credit In Fy25 To Be 12-14%: S&p Global Ratings

Chennai, Feb 5 : Indian bank credit could be restricted to 12-14 per cent in fiscal 2025 if deposit growth remains tepid coupled with increasing cost of funds and competition...

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