Paypal Laying Off About 2,500 Employees To \'right-size\' The Company

New Delhi, Jan 31 : Online payment gateway PayPal has kicked off layoffs that will affect at least 9 per cent of its workforce — about 2,500 employees. According to...

Google Posts $307 Bn Revenue In 2023, Spent Billions Of Dollars To Lay People Off

San Francisco, Jan 31 : Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million...

Uttar Pradesh Launches Caravan Tourism

Lucknow, Jan 31 : The Uttar Pradesh’s Tourism Department, in partnership with Motohom, has launched Caravan Tourism in the state, signalling a significant move to enhance travel experiences focused on...

New Road Projects Will Make Mp Industrial & Agricultural Hub: Gadkari

Bhopal, Jan 30 : Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday laid the foundation for 15 National Highway road projects measuring 499 km and worth Rs...

Nuziveedu Seeds Completes 50 Years, Focuses On R&d

Hyderabad, Jan 30 : Nuziveedu Seeds Limited (NSL), a major in the Indian seed industry which has completed 50 years, is investing 20 per cent of the profits in research...

Telangana Cm Congratulates Foxconn Chairman For Padma Award

Hyderabad, Jan 30 : Telangana Chief Minister A.Revanth Reddy has congratulated Young Liu, Chief Executive Officer and Chairman, Hon Hai Technology Group (Foxconn) on being bestowed with the Padma Bhushan....

Imf Forecasts \'soft Landing\' For Global Economy, Upgrades India

Washington, Jan 30 : The International Monetary Fund (IMF) on Tuesday forecast a “soft landing” for the global economy hammered in recent years by a deadly pandemic, skyrocketing inflation and...

Kore.ai Raises $150 Mn To Drive Ai-powered Experiences For Customers

New Delhi, Jan 30 : Enterprise conversational and generative AI technology provider Kore.ai on Tuesday announced $150 million in funding led by FTV Capital, a sector-focused growth equity investor. The...

Bayer Shares Slump After Court Order To Pay $2.25 Bn In Damages

San Francisco, Jan 30 : The shares of German pharmaceutical and agricultural company Bayer have plummeted after the court ordered it to pay $2.25 billion in damages, the highest amount...

Indian Oil Posts Big Jump In Net Profit At Rs 8,063 Cr For Q3

New Delhi, Jan 30 : Indian Oil Corporation (IOC) on Wednesday announced a massive jump in net profit for the third quarter of FY 2023-24 to Rs 8,063 crore from...

Air India Pilots Allege Safety Compromises, Unions Accuse Airline Of Flouting Flight Duty Time Limits

New Delhi, Jan 30 : Pilots’ unions at Air India have lodged a complaint with aviation regulator, Directorate General of Civil Aviation (DGCA) that that the airline is failing to...

Dr Reddy\'s Laboratories Post Rs 1,378.9 Crore Q3 Net (lead)

Chennai, Jan 30 : Pharmaceutical major Dr Reddy’s Laboratories Ltd on Tuesdays said its consolidated net profit for the third quarter of FY24 was higher at Rs 1,378.9 crore. In...

Sunil Wadhwani Gifts Rs 110 Cr To Iit Madras For Data Science & Ai School

Chennai, Jan 30 : Entrepreneur and philanthropist Sunil Wadhwani, an alumnus of the Indian Institute of Technology (IIT) Madras, on Tuesday made an endowment of Rs 110 crore towards setting...

L&t Clocks 15% Increase In Q3 Net Profit At Rs 2,947cr

New Delhi, Jan 30 : Construction and engineering giant Larsen & Toubro (L&T) on Tuesday reported a 15 per cent increase in net profit at Rs 2,947 crore for the...

Techcrunch Lays Off Several Employees, Including Managing Editors

New Delhi, Jan 30 : US-based news website focused on high-tech and startup companies TechCrunch has laid off several employees, including managing editors. Matt Burns, who had been with the...

Rbi Releasing Rs 5,000 Crore To Ease Liquidity For Primary Dealers

Mumbai, Jan 30 : The Reserve Bank of India (RBI) announced on Tuesday that it has decided to make an additional amount of Rs 5,000 crore available to the Standalone...

Aviation Minister Inaugurates Dehradun And Pithoragarh Udan Flight

New Delhi, Jan 30 : Union Minister of Civil Aviation, Jyotiraditya Scindia, on Tuesday virtually inaugurated an UDAN flight connecting Dehradun and Pithoragarh. Uttarakhand Chief Minister Pushkar Singh Dhami also...

Tcs Bags 15-yr Deal From Uk Insurance Provider Aviva

New Delhi, Jan 30 : Tata Consultancy Services (TCS) on Tuesday announced a 15-year expansion of its partnership with Aviva, the UK’s leading insurance, wealth and retirement provider. As part...

Toyota Recalls 50k Vehicles In Us Over Airbag Issue That Can Cause \'serious Injury, Death\'

San Francisco, Jan 30 : Japanese automotive giant Toyota has issued an immediate “DO NOT DRIVE” advisory, in which it recalled about 50,000 vehicles in the US over faulty airbags...

Dr Reddy’s Posts 10.6% Rise In Q3 Net Profit At Rs 1,379 Cr

New Delhi, Jan 30 : Pharma major Dr Reddy’s Laboratories on Tuesday reported a net profit of Rs 1,378.9 crore for the October-December quarter of the current financial year, representing...

Zee Shares Up 5% Amid Reports Of Arbitration Hearing In Singapore

Mumbai, Jan 30 : Zee Entertainment shares jumped more than 5 per cent on Tuesday amid reports of an emergency arbitration hearing of its terminated merger with the Sony Group...

Nifty Displaying One Day Up, One Day Down Pattern For Last 7 Sessions

Mumbai, Jan 30 : Nifty has been displaying one day up, one day down pattern for at least the last seven sessions. This shows the indecision on the part of...

Gadkari Rolls Out Highway Projects Worth Rs 2,367 Crore In Mp

New Delhi, Jan 30 : Minister of Road Transport and Highways Nitin Gadkari on Tuesday inaugurated and laid the foundation stone of nine national highway projects worth Rs 2,367 crore...

Us Authority Fines Infosys $225 For Violating Short Payment Of Tax

Bengaluru, Jan 30 : The Nevada Department of Taxation in the US has been slapped a fine of $225 for alleged violation of short payment of modified business tax for...

Wheels India Q3 Net On Reverse Drive To Rs 12.58 Crore

Chennai, Jan 30 : Automotive wheels major, Wheels India Ltd on Tuesday said it has registered a net profit of Rs 12.58 crore for the Q3 ended 31st December 2023...

Bajaj Finserv To Acquire Vidal Healthcare Services, Subsidiaries, Associate Company For Rs 325 Crore

Chennai, Jan 30 : Bajaj Finserv Health Ltd (BFS-Health), a wholly-owned subsidiary of Bajaj Finserv Ltd, on Tuesday announced signing of share purchase agreement for acquisition of 100 per cent...

India\'s M&a Deal Activity Maintains Long-term Momentum, Mid-market In Focus

New Delhi, Jan 30 : India’s strategic merger and acquisition (M&A) deal activity in 2023 maintained its long-term momentum, with deal volumes surpassing levels seen over the past 10 years,...

Tvs Ilp To Develop Logistics, Warehousing Park In Goa

Chennai, Jan 30 : TVS Industrial and Logistical Parks (TVS ILP) on Tuesday announced signing of MoU with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of...

Finance Ministry Bullish On 7% Plus Growth But Flags Geopolitical Risk

New Delhi, Jan 30 : Although the Indian economy is expected to grow above 7% driven by strong domestic demand and economic reforms, geopolitical risks such as the fallout of...

Competitive Intensity Lower For Upcoming Projects

Mumbai, Jan 30 : Adani Energy Solutions (AESL) feels that the competitive intensity for the Tariff Based Competitive Bidding (TBCB) based projects — worth Rs 1.1 lakh crore in pipeline...

Zee Says Not Aware Of Disney Star\'s Next Steps On Licence Agreement

New Delhi, Jan 30 : Zee Entertainment Enterprises has said that the company is not aware of, and cannot comment on, Star India Private Limited’s (‘Disney Star’) intentions or next...

Hp To Introduce New Ai-enabled Spectre Laptops In India

New Delhi, Jan 30 : PC and printer major HP is set to introduce its latest premium Spectre laptops in India, targeting the contemporary and modern users.According to sources, the...

Stalin Seeks Spanish Investments In Aerospace, Defence, Pharma

Chennai, Jan 30 : Tamil Nadu Chief Minister M.K.Stalin — who is currently on a visit to Spain — has invited industrial investments for aerospace, defence, pharmaceuticals, water filtration, food...

Sensex Falls Over 600 Points On Selling In Heavyweights

New Delhi, Jan 30 : The BSE Sensex tanked more than 600 points on Tuesday as heavyweights came under selling pressure. The BSE Sensex was trading at 71,316.28 points, down...

Rane Brake Lining Logs Pat Of Rs 10.12 Crore

Chennai, Jan 30 : City-based automotive brake lining maker Rane Brake Lining Ltd closed third quarter of FY24 with a marginal increase in its net profit of Rs 10.12 crore....

Fidelity Further Marks Down Meesho Valuation To $3.5 Bn

New Delhi, Jan 30 : Global investment firm Fidelity has further marked down the value of its holding in social commerce platform Meesho, to $3.5 billion. Fidelity had recently cut...

Oil And Gas Stocks Top Gainers Led By Hpcl

New Delhi, Jan 30 : Oil and gas stocks are the top gainers in trade on Tuesday with the index climbing more than 2 per cent. HPCL is up 7...

Check Point Unveils New Partner Programme In New Cyber Landscape

New Delhi, Jan 30 : Cyber security platform provider Check Point Software Technologies on Tuesday launched its innovative new partner programme in the new cyber landscape. With a partner-dedicated business...

Mumbai pre-polls 'shock'

Mumbai, Jan 30 : In a bolt from the blue ahead of the elections, Tata Power Co.Ltd.has proposed a huge increase in the power rates for Mumbaikars, particularly the lower-end...

Ntpc Inks Pact For Green Hydrogen Project In Maharashtra

New Delhi, Jan 30 : NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the Maharashtra Government for the development of Green Hydrogen and derivatives (Green...

Microsoft Introduces More Protections To Ai Tool That Created Taylor Swift Deepfakes

San Francisco, Jan 30 : Microsoft has introduced more protections to its AI text-to-image generation tool Designer that users were utilising to create nonconsensual sexual images of celebrities. The changes...

Budget 2024: No Major Changes Expected In Taxation Relating To The Capital Market

New Delhi, Jan 30 : Geojit Financial Services Chief Investment Strategist V.K.Vijayakumar said in the near-term, expectations regarding the budget will influence the market. Market does not expect any major...

1.14 Lakh Startups Generate More Than 12 Lakh Jobs In India: Finmin

New Delhi, Jan 30 : More than 1.14 lakh startups in India have created over 12 lakh jobs so far, the Finance Ministry said in its latest review of the...

Apple App Store Changes \'a Step In The Wrong Direction\': Microsoft

San Francisco, Jan 30 : After Epic Games CEO Tim Sweeney and Spotify CEO Daniel Ek, Microsoft has also criticised Apple App Store changes in the EU, calling those “a...

Irobot To Lay Off 350 Employees After Amazon Terminates Acquisition Deal

San Francisco, Jan 30 : iRobot, which makes consumer robots, has announced to lay off around 350 employees — about 31 per cent of its workforce — and its founder...

Up, Bihar, Mp Lead In Decline In Youth Unemployment

New Delhi, Jan 29 : The decline in the youth unemployment rate has been led by the states with a larger share of the young population, the Finance Ministry said...

Up, Bihar, Mp Lead In Decline In Youth Unemployment

New Delhi, Jan 29 : The decline in the youth unemployment rate has been led by the states with a larger share of the young population, the Finance Ministry said...

Up, Bihar, Mp Lead In Decline In Youth Unemployment

New Delhi, Jan 29 : The decline in the youth unemployment rate has been led by the states with a larger share of the young population, the Finance Ministry said...

Itc Gross Revenue At Rs 17,483 Cr For Q3 Represents 2.1% Yoy Growth (ld)

New Delhi, Jan 29 : Amid a challenging macro-economic and operating environment and high base effect in some of its operating segments, ITC Limited delivered resilient performance during the quarter...

Nearly 1.4cr Candidates Trained Under Pmkvy Since 2015: Govt

New Delhi, Jan 29 : The Finance Ministry on Monday said that nearly 1.4 crore candidates have been trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since its inception...

New Approach To Welfare Has Yielded Substantial Positive Outcomes: Finmin

New Delhi, Jan 29 : The Finance Ministry’s review of the Indian Economy, a document which runs over 70 pages, takes stock of the state of the country’s economy and...

Itc Posts Rs 5,572.07 Cr Pat For Q3, Declares Interim Dividend

Chennai, Jan 29 : Multi-product and hospitality major ITC on Monday declared a net profit of Rs 5,572.07 crore for Q3 on a higher operational revenue. In a regulatory filing,...

Itc Posts Rs 5,572.07 Cr Pat For Q3, Declares Interim Dividend

Chennai, Jan 29 : Multi-product and hospitality major ITC on Monday declared a net profit of Rs 5,572.07 crore for Q3 on a higher operational revenue. In a regulatory filing,...

Itc Posts Rs 5,572.07 Cr Pat For Q3, Declares Interim Dividend

Chennai, Jan 29 : Multi-product and hospitality major ITC on Monday declared a net profit of Rs 5,572.07 crore for Q3 on a higher operational revenue. In a regulatory filing,...

Agricultural Sector Is Bedrock Of Nation\'s Economy: Economy Review

New Delhi, Jan 29 : The India Economy Review prepared by the Ministry of Finance said that the agricultural sector — which is estimated to constitute 18 per cent of...

Agricultural Sector Is Bedrock Of Nation\'s Economy: Economy Review

New Delhi, Jan 29 : The India Economy Review prepared by the Ministry of Finance said that the agricultural sector — which is estimated to constitute 18 per cent of...

Amazon Terminates $1.7 Bn Deal To Acquire Irobot Amid Regulatory Hurdles

San Francisco, Jan 29 : Amazon on Monday announced it has terminated its $1.7 billion acquisition of iRobot, the maker of consumer robotic vacuums, on mutual conditions. Originally signed on...

India\'s Social Transformation Since 2014: A Look At Key Welfare Initiatives & Achievements

New Delhi, Jan 29 : The Finance Ministry on Monday said that the Central government’s expenditure on social services has registered a Compound Annual Growth Rate (CAGR) of 5.9 per...

Chennai Now On Ondc Namma Yatri\'s Auto-rickshaw Map

Chennai, Jan 29 : Namma Yatri, India’s open and community-first auto-rickshaw booking application and a part of the ONDC Network, on Monday added Chennai to its service map. Conceived and...

Middle Class Propelled E-commerce Market: Economy Review

New Delhi, Jan 29 : The Indian Economy Review prepared by the Ministry of Finance ahead of the Interim Budget (Feb 1) said that the proliferation of internet connectivity and...

Imparting Clarity On Dividend Income To Maximise Cash Flow For Fpis To Be Added Boon

Mumbai, Jan 29 : With equity markets moving into hyperdrive in Budget week on Monday, government’s clarifications on FPI investments have also added a booster shot. Manoj Purohit, Partner &...

Gail Q3 Profit Flares Up To Rs 2,842.62 Crore, Interim Dividend Declared

Chennai, Jan 29 : GAIL (India) Ltd on Monday said it closed the third quarter of FY24 with a higher net profit of Rs 2,842.62 crore on a lower revenue....

India Expected To Become Third-largest Economy In Next 3 Years: Finmin

New Delhi, Jan 29 : In the next three years, India is expected to become the third-largest economy in the world, with a GDP of $5 trillion, the Finance Ministry...

Finmin Says Future Reforms Include Reducing Compliance Burden For Msmes, Energy Security

New Delhi, Jan 29 : The Finance Ministry said on Monday that the priority areas for future reforms include skilling, learning outcomes, health, energy security, reduction in compliance burden for...

Marico Logs Rs 386 Crore As Q3 Pat

Chennai, Jan 29 : Fast-moving consumer goods (FMCG) company Marico Ltd on Monday said it closed the third quarter of FY24 with a higher consolidated net profit of Rs 386...

Bajaj Finance Q3 Net Grows To Rs 3,177.39 Crore

Chennai, Jan 29 : Non-banking finance company (NBFC) Bajaj Finance Ltd closed the third quarter with an after tax profit of Rs 3,177.39 crore. In a regulatory filing on Monday,...

Finance Ministry Says Indian Economy To Grow 7% In Fy24

New Delhi, Jan 29 : The Finance Ministry said on Monday that it now appears very likely that the Indian economy will achieve a growth rate at or above 7...

My Head Is Bloody, But Unbowed: Byju Raveendran Writes To Shareholders

New Delhi, Jan 29 : Byju Raveendran, the founder and CEO of embattling edtech company Byju’s, in his letter to shareholders, has drawn parallels with ‘Invictus’ a short poem by...

Crisis-hit Chinese Property Giant Evergrande Ordered To Liquidate

Hong Kong, Jan 29 : Debt-laden Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong, a media report said. Judge Linda Chan said “enough...

Byju\'s Aims To Raise $200 Mn Via Rights Issue At Drastic Valuation Cut

New Delhi, Jan 29 : Think and Learn Private Limited (TLPL), the parent company of Byju’s, on Monday announced to raise $200 million by way of a rights issue to...

Equity Markets Rise Sharply On Expectations From Interim Budget

Mumbai, Jan 29 : Indian equity markets rose sharply on Monday on the back of great expectations from the upcoming interim budget (Feb 1) and strong cue from other Asian...

Equity Markets Rise Sharply On Expectations From Interim Budget

Mumbai, Jan 29 : Indian equity markets rose sharply on Monday on the back of great expectations from the upcoming interim budget (Feb 1) and strong cue from other Asian...

Samsung To Make Galaxy Ai Available On 100 Mn Devices This Year: Tm Roh

New Delhi, Jan 29 : Samsung will make its ‘Galaxy AI’ available across 100 million mobile devices this year, as customers are eager to try new technologies and AI is...

Jaishankar Opens Ihcl Hospitality Skill Centre In Gujarat

Ahmedabad, Jan 29 : Aiming at enhancing the hospitality sector in Gujarat’s Ekta Nagar, External Affairs Minister S Jaishankar inaugurated the Indian Hotels Company Limited (IHCL) Skill Centre. The centre’s...

Jaishankar Opens Ihcl Hospitality Skill Centre In Gujarat

Jaishankar Opens Ihcl Hospitality Skill Centre In Gujarat

Jaishankar Opens Ihcl Hospitality Skill Centre In Gujarat

Jaishankar Opens Ihcl Hospitality Skill Centre In Gujarat

Nifty Records Biggest Single-day Gain Since Dec 4

Mumbai, Jan 29 : Nifty ended the first day of the week with its biggest single-day gain since December 4 with heavyweight Reliance Industries contributing the most to the gains,...

Defsat Conference To Be Held In Delhi On Feb 7

Chennai, Jan 29 : DefSat Conference will be held at the Manekshaw Centre in New Delhi from February 7 to 9 while key industry stakeholders, policy makers, officials from the...

Markets Bounce Back On Reliance Industries Surge

New Delhi, Jan 29 : Markets have bounced back strongly after the last two weeks of correction on the back on Reliance Industries which has recorded more than 5% gains...

Iphones Grow 28% To Grab Over 6% Market Share In India In 2023

New Delhi, Jan 29 : Riding on the premiumisation trend in India, iPhones grew 28 per cent from 4 per cent market share in 2022 to more than 6 per...

Realme Will Continue To Strengthen Its Roots In India Market: Top Executive

Colombo, Jan 29 : Global consumer electronics brand realme, which has significantly made its mark in the Indian market over the past five years, will continue to strengthen its roots...

Realme Will Continue To Strengthen Its Roots In India Market: Top Executive

Colombo, Jan 29 : Global consumer electronics brand realme, which has significantly made its mark in the Indian market over the past five years, will continue to strengthen its roots...

Rolls-royce Inks Pact With Azad Engineering For Making Complex Defence Aero-engine Components In India

New Delhi, Jan 29 : Rolls-Royce has announced the signing of a long-term agreement with Azad Engineering to manufacture and supply complex components for defence aircraft engines. Through this strategic...

Zerodha\'s Kite App Goes Down For 4th Time In 4 Straight Months

New Delhi, Jan 29 : Brokerage firm Zerodha’s trading app Kite on Monday suffered another technical glitch, marking the fourth straight month the platform has faced such issues. Several users...

Satya Nadella To Visit India In Feb, Discuss New Opportunities With Ai

New Delhi, Jan 29 : Microsoft Chairman and CEO Satya Nadella will visit India on February 7 and 8 as part of his annual visit to the country and might...

Au Small Finance Bank Shares Slump 9% On Earnings Miss

New Delhi, Jan 29 : AU Small Finance Bank shares slumped by 9 per cent on Monday as brokerages said the bank’s asset quality deteriorated further. AU Small Finance Bank...

Sensex Jumps 1000 Points As Heavyweights Surge

New Delhi, Jan 29 : BSE Sensex jumped more than 1000 points on Monday led by buying in heavyweight stocks. BSE Sensex is trading at 71,799.42 points, up by 1098.75...

Sbi Card Shares Down More Than 5% After Stock Downgraded

New Delhi, Jan 29 : SBI Cards and Payment Services shares were down more than 5 per cent on Monday after brokerages downgraded the stock. SBI Card was down 5.6...

Indian Ev Startup Blusmart Raises $25 Mn

New Delhi, Jan 29 : Switzerland-based impact investor responsAbility on Monday announced that it will invest up to $25 million in EV ride-hailing and charging provider BluSmart, as part of...

Retail Loans Surge As Rbi Seeks To Stem Possible Risks

New Delhi, Jan 29 : Indian commercial banks’ retail lending has risen faster than loans to large businesses since the COVID-19 pandemic, S&P Global Market Intelligence data showed, underscoring the...

O.p. Jindal Global University Sets Up New Jindal India Institute To Build India\'s Soft Power Globally

Sonipat, Jan 29 : O.P.Jindal Global University (JGU), based in Haryana’s Sonipat, has launched a unique, one-of-its-kind Jindal India Institute (JII). It is a strategic think tank housed within a...

O.p. Jindal Global University Sets Up New Jindal India Institute To Build India\'s Soft Power Globally

Issues In Tingo\'s Financials Could Have Been Spotted By Any Semi-conscious Finance Undergrad With Severe Vision Loss: Hindenburg Research

New Delhi, Jan 29 : Issues in Tingo’s financials are glaring enough that we’d expect they could have been spotted by any semi-conscious finance undergrad with severe vision loss, Hindenburg...

Financial Boost: Spicejet Secures Rs 160 Cr Through Eclgs

New Delhi, Jan 29 : Besides Rs 744 crores, SpiceJet has also secured Rs 160 crore through the Emergency Credit Line Guarantee Scheme (ECLGS), now with a substantial bank balance...

Interim Budget Unlikely To Impact Market In A Big Way, Say Analysts

New Delhi, Jan 29 : Two important events are due this week: the interim Budget and the Fed meeting on rate decision.But these events are unlikely to impact the market...

Over 1 In 4 Firms Ban Genai Over Privacy, Data Security Risks: Report

New Delhi, Jan 29 : More than one in four organisations have banned the use of GenAI over privacy and data security risks, a new report showed on Monday. Most...

Assam To Hold Boiler Expo To Attract Investments

Guwahati, January 29 : The Assam government will host a steam boiler expo in February with an aim to attract industry players for investment in the state, officials said. An...

Piramal Enterprises To Sell Entire Stake In Shriram Investment For Rs 1,440 Crore

New Delhi, Jan 28 : Piramal Enterprises has entered into share purchase agreement to sell its entire direct investment of 20 per cent of the fully paid-up equity share capital...

Deloitte In Eye Of Storm As Sec Probes Tingo For $470 Mn Scam, Experts Call For Greater Oversight To Protect Indian Investors

New Delhi, Jan 28 : Auditing firm Deloitte has once again been caught in the eye of the storm of regulators. Deloitte’s international audit arm certified that Nigerian firm Tingo...

Us Debt Stands At A Staggering $34 Trillion

New Delhi, Jan 28 : The US’ mounting debt structure currently stands at a staggering $34 trillion, according to usdebtclock, Cryptoslate reported. An escalating annualized interest accompanies this steep climb...

After Tesla\'s Stock Slide, Magnificent Seven Face Tests To Keep Market’s Throne

New York, Jan 28 : Tech behemoths will face their next test to keep the market’s throne this week, after a bleak quarter from Tesla sent its stock sliding, media...

Us Firm Signs Agreement To Build Resort In Ayodhya

Lucknow, Jan 28 : The Uttar Pradesh Tourism Department has signed an agreement with the American firm M/s Anjali Investment LLC for the construction of a 100-room resort in Ayodhya....

Bernard Arnault Returns As World\'s Richest Man As Musk Loses $18 Bn

San Francisco, Jan 28 : Bernard Arnault, chairman and CEO of global luxury goods company LVMH, has returned as world’s richest man as Elon Musk lost more than $18 billion...

Global Factors Like The Policy Rate Decisions Of Major Countries Will Affect The Market

New Delhi, Jan 28 : Geojit Financial Services Head of Research Vinod Nair said, “In response to a mixed global market trend, the retreat in the market was pronounced, with...

Generative Ai Can Adversely Impact Our Operations: Netflix

San Francisco, Jan 28 : Netflix has sounded threat over generative AI, saying such technologies can adversely impact its operations and its ability to compete effectively with other companies. In...

Musk’s X To Finally Hire 100 Employees For Content Moderation Team

San Francisco, Jan 28 : Elon Musk-run X is reportedly hiring 100 full-time employees for a new trust and safety office in Austin, Texas, after Musk had disbanded the trust...

Don\'t Lose Sight Of Large Cap Stocks Despite Recent Smallcap-midcap Uptick

Mumbai, Jan 28 : Markets in India were on a roll during the calendar year 2023.The interesting part of the rally last year was the outperformance by many lengths of...

Old Signifier Of Wealth And A Liquid Asset, Gold Continues To Shine Bright

New Delhi, Jan 28 : Investment in gold is considered a reliable hedge against inflation as the value of money declines when prices of goods are rising, while that of...

Cheap And Idle Money Moving Out Of Banking System And Chasing Returns

New Delhi, Jan 28 : Indians have generally been savers and debt on personal balance sheets have generally been restricted to housing debt, vehicle loan or credit cards. Of late,...

Investors Are Breaking Fixed Deposits For Mfs And Stock Market, Says Expert

Chennai, Jan 28 : The belief in India’s growth story and in its stock markets has triggered a trend of investors breaking their fixed deposits and investing in mutual funds...

Indian Bourses May Not See Repeat Of 2023, But They\'ll Outperform Global Peers

Mumbai, Jan 28 : Markets had a stellar performance in the calendar year 2023.Can they repeat their performance in 2024? Seems unlikely.We have a number of imponderables, geo political news,...

Present Market Volatility Triggered By Tug Of War Between Fiis And Diis

New Delhi, Jan 28 : Since the tug of war between the FIIs and DIIs continues, volatility will remain high in the near-term. This volatility may be used by investors...

How Middle-income Families Can Make Their Money Grow While Playing Safe

New Delhi, Jan 28 : Middle-income families have multiple options to funnel their hard-earned savings into investment plans being offered by banks, post offices and financial firms, especially for them....

Reits, Fractional Ownership Offer Option Of Lower Investment, Regular Income

New Delhi, Jan 28 : Investment in real estate for buying a home provides not just a living space but also a significant tangible asset that can be used as...

Growth In Banks\' Credit Surpassing Deposits: Rbi

Mumbai, Jan 27 : The gap between credit and deposit growth of banks as of the first fortnight of January 2024 has widened compared to the last fortnight of September...

Logistics Firm Flexport To Lay Off Another 20% Of Its Workforce: Report

San Francisco, Jan 27 : Logistics company Flexport is reportedly planning additional layoffs, around 20 per cent of its workforce. According to a report in The Information, Flexport is likely...

Yes Bank Posts 4-fold Jump In Net Profit For Oct-dec Quarter

Mumbai, Jan 27 : Private sector lender Yes Bank on Saturday reported an over 4-fold jump in net profit to Rs 231.6 crore for the Oct-Dec quarter of the current...

Flipkart Co-founder Binny Bansal Officially Exits Board

New Delhi, Jan 27 : Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16 years.Sachin Bansal, the other co-founder, left the board in 2018....

Fpis Sold Equities Worth Rs 27,000 Crore In January

New Delhi, Jan 27 : FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment...

Govt Puts Development Of 68 Km Ayodhya Bypass On Fast Track

New Delhi, Jan 27 : The government has put the development of the 68 km greenfield Ayodhya bypass project on the fast track to decongest the holy city and facilitate...

Spotify Ceo Calls Apple\'s New Eu App Store Changes \'extortion\'

San Francisco, Jan 27 : Swedish music streaming service Spotify’s CEO Daniel Ek has criticised Apple’s proposed App Store changes ahead of the EU Digital Markets Act (DMA), saying the...

Mackenzie Scott Sold Amazon Shares Worth Over $10 Bn Over Last Year

New York, Jan 27 : MacKenzie Scott continues to sell billions of dollars in Amazon stock, the media reported. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently...

Spicejet Allots Shares And Warrants Worth Rs 744 Cr In First Tranche Of Preferential Issue

New Delhi, Jan 26 : SpiceJet has allotted shares and warrants amounting to a total of Rs 744 crore in the first tranche of its preferential issue. The decision was...

Latest Measure Of Us Inflation Shows Progress Toward Fed’s Goal

New York, Jan 26 : The last US inflation snapshot for 2023 revealed that the Federal Reserve’s preferred price gauge didn’t budge last month, holding at 2.6 per cent and...

Uk Regulator Launches Antitrust Probe Into $19 Bn Vodafone-three Uk Merger

London, Jan 26 : The UK’s Competition and Markets Authority (CMA) on Friday launched a formal probe into the proposed $19 billion merger between Vodafone and CK Hutchison-owned Three UK....

Tata Partners Airbus To Make Helicopters As India, France Cement Ties

New Delhi, Jan 26 : The Tata Group and France’s Airbus have signed an agreement to manufacture H125 helicopters “with a significant indigenous component” as part of the growing defence...

Canada \'disappointed\' At Uk\'s Decision To Pause Free Trade Talks

Ottawa, Jan 26 : Canadian Trade Minister Mary Ng has expressed disappointment over the UK’s decision to pause the bilateral free trade talks. Ng told reporters in Ottawa that she...

Akasa Air Orders 300 Cfm Leap-1b Engines To Power 150 Boeing 737 Max Airplanes

New Delhi, Jan 26 : In conjunction with the state visit of the French President Emmanuel Macron to India, Akasa Air and France origin company, CFM International on Friday announced...

Krutrim Becomes India\'s 1st Ai Unicorn With Latest Funding

New Delhi, Jan 26 : Homegrown AI company Krutrim on Friday became the country’s fastest unicorn and also the first AI unicorn in the country, after it closed its first...

Southern Railway Closer To Loading 41 Million Ton Of Goods In Fy24

Chennai, Jan 26 : Southern Railway is in line with loading 41 million ton of goods this fiscal, eight per cent higher than that of the previous fiscal, said General...

Openai Ceo Sam Altman Visits S.korea To Meet Chip Leaders

Seoul, Jan 26 : Sam Altman, CEO of US artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI)...

Tesla Shares Plunge To Wipe Out $73 Billion In Market Value

London, Jan 26 : Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned...

Paytm Republic Day Festival Offer: Get Cashback Of Up To Rs 500, Win An Iphone 15

New Delhi, Jan 26 : One97 Communications Limited (OCL), that owns the leading payments and financial services company Paytm, on Friday announced an offer with the theme, titled ‘Paytm Republic...

Intel Reports $15.4 Bn In Revenue In Q4, Profit Reaches $2.66 Bn

New Delhi, Jan 26 : Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter (Q4) of 2023, up 10 per cent year-over-year (YoY). The full-year revenue was...

Apple Announces Changes To Ios, Safari, App Store Ahead Of Eu Dma Act

San Francisco, Jan 26 : Apple has announced changes to iOS, Safari, and the App Store in the European Union in response to the Digital Markets Act (DMA) coming into...

Microsoft Lays Off 1,900 Employees From Activision Blizzard, Xbox

San Francisco, Jan 25 : Microsoft is laying off at least 1,900 employees at gaming company Activision Blizzard it acquired recently, as well as at Xbox. The job cuts will...

Lic Gets Rbi Approval To Acquire 9.99% Stake In Hdfc Bank

New Delhi, Jan 25 : The Reserve Bank of India (RBI) has accorded its approval to LIC for acquiring aggregate holding up to 9.99 per cent of the paid-up share...

Reliance Industries Celebrates India\'s 75th Republic Day With Employees, Customers

New Delhi, Jan 25 : Reliance Retail has launched a number of special discount schemes on the occasion of India’s 75th Republic Day. Reliance Digital has launched Digital India Sale...

Term Loan Lenders Initiate Corporate Insolvency Proceedings Against Byju\'s In India (lead)

New York/New Delhi, Jan 25 : Overseas lenders of Byju’s $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company...

Civil Aviation Minister Plans Pre-embarkation Security Check Facility At Key Metro Airports

New Delhi, Jan 25 : Civil Aviation Minister Jyotiraditya M Scindia on Thursday held a meeting with airport operators where he urged them to adopt new ways for further adoption...

Term Loan Lenders Initiate Corporate Insolvency Proceedings Against Byju’s In India (ld)

New York/New Delhi, Jan 25 : Overseas lenders of Byju’s $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company...

Us Economy Remained Shockingly Robust In Fourth Quarter

Washington, Jan 25 : The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023, a media report said. Gross domestic product, a measure...

Freshmenu Exposes 3.5mn Users\' Data Containing Sensitive Info: Report

New Delhi, Jan 25 : Foodtech platform FreshMenu has exposed data of more than 3.5 million users, containing order details along with sensitive customer information, which includes phone numbers and...

Ola\'s Mobility Business In India Logs Rs 250cr Profit In Fy23

New Delhi, Jan 25 : Ride-hailing company Ola’s mobility business in India reported a profit of Rs 250 crore in FY23 against a loss of Rs 66 crore in FY22.Bhavish...

Ola Announces Ex-unilever Executive Hemant Bakshi As New Ceo: Report

New Delhi, Jan 25 : ANI Technologies, the parent company of Ola, has announced Hemant Bakshi, a former executive at Unilever, as the new Chief Executive Officer (CEO) of Ola,...

Google Pixel Users Complaining Of Storage Bug After Installing New Update

San Francisco, Jan 25 : Several Google Pixel owners are reporting issues with their devices after installing the January 2024 Google Play system update, causing them to be unable to...

Western Australia Interested In Having Indian Nurses, Investments: Deputy Premier

Chennai, Jan 25 : Western Australia, the largest state of the country, is interested in having Indian nurses and paramedical staff to serve there apart from Indian investments in electric...

Iit-guwahati Student Makes Low-cost Iot-enabled Water Quality Monitoring Device

Guwahati, Jan 25 : A student at the Indian Institute of Technology (IIT) Guwahati has developed a water quality monitoring device that is highly cost-effective and integrated with IOT (Internet...

We Still Have A Long Way To Go To Upgrade Legacy Fleet, Improve Consistency: Air India Ceo

New Delhi, Jan 25 : Air India CEO, Campbell Wilson, on Thursday penned a letter to the airline’s employees, marking the second anniversary of its return to the Tata Group....

Small Increase In Q3 Pat For Ujjivan Small Finance Bank

Chennai, Jan 25 : With marginal growth, Ujjivan Small Finance Bank Ltd closed the third quarter with an after tax profit of Rs 300.06 crore. In a regulatory filing on...

Flipkart To Cut 1,000 Jobs In Annual Restructuring Exercise

New Delhi, Jan 25 : E-commerce major Flipkart will be laying off 1,000 employees in an annual restructuring exercise.This represents around 5 per cent of its total workforce, reports Moneycontrol,...

Bigger Mutual Fund Schemes Start Deploying Cash

New Delhi, Jan 25 : Many of the large size mutual fund schemes were running on big cash through most part of CY2023, resulting in big underperformance. “We are finally...

Byju\'s Faces Insolvency Proceedings From Foreign Lenders In India, Company Says \'baseless\'

New Delhi, Jan 25 : Byju’s lenders, who extended more than 85 per cent of Byju’s $1.2 billion term loan, have reportedly filed an insolvency petition against the edtech major...

Ipo-bound Swiggy To Slash Another 400 Jobs Later This Year: Report

New Delhi, Jan 25 : Online food delivery platform Swiggy is cutting almost seven per cent of its workforce, or about 400 jobs, in the second round of layoffs, a...

Easemytrip Co-founder Rikant Pitti Purchases Property Worth Rs 100 Cr In Gurugram

New Delhi, Jan 25 : EaseMyTrip Co-founder Rikant Pitti has bought a commercial property worth about Rs 99.34 crore in Gurugram. According to documents seen by real estate data analytics...

Bharat Dynamics Posts 61% Rise In Q3 Net Profit

New Delhi, Jan 25 : Ammunition and missile manufacturer Bharat Dynamics has reported a 61 per cent in consolidated net profit at Rs 135 crore for the October-December quarter of...

Indigo Announces Direct Flight Between Dubai And Surat From Feb 23

New Delhi, Jan 25 : IndiGo on Thursday announced direct flights between Dubai and Surat which will operate tri-weekly from February 23. “The addition of this strategic route to the...

Delhivery Announces Deployment Of Os1 For Akshaya Patra; Dispatchone To Power Meal Deliveries

New Delhi, Jan 25 : Delhivery Ltd, India’s largest integrated supply chain services provider, has announced the operationalization of its OS1 stack with The Akshaya Patra Foundation, the world’s largest...

Domestic Equities Plunge On Profit Booking

New Delhi, Jan 25 : Domestic equities continued with its profit booking trend and plunged once again on monthly F&O expiry day before recovering half of the losses towards the...

Bajaj Auto Topples M&m As Third Most Valuable Auto Company In India

Mumbai, Jan 25 : Bajaj Auto has toppled Mahindra & Mahindra (M&M) as the third most valued auto company in the country. Bajaj Auto’s market cap on Thursday crossed the...

Pnb Clocks 3-fold Jump In Net Profit At Rs 2,223 Crore For Q3

New Delhi, Jan 25 : Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 crore for the October-December quarter of the current...

Acc Records 5-fold Surge In Q3 Net Profit

Mumbai, Jan 25 : Cement major ACC on Thursday reported a nearly five-fold surge in its net profit to Rs 527 crore for the October-December quarter of the current financial...

Zomato Gets Rbi Approval To Operate As \'online Payment Aggregator\'

New Delhi, Jan 25 : Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato Payments Private Limited (ZPPL) has been granted a certificate of authorisation from...

Jsw Steel Records Five-fold Jump In Q3 Net Profit At Rs 2,415 Cr

Mumbai, Jan 25 : Billionaire Sajjan Jindal-led JSW Steel on Thursday reported a close to five-fold rise in its net profit for the October-December quarter of the current financial year,...

Essar Oil Uk Rebrands To Eet Fuels

Stanlow, Jan 25 : Essar Oil UK has become EET Fuels (or ‘the Company’), as it delivers on its plan to become the UK’s first low carbon refinery, setting the...

Broader Market Unable To Hold Gains On Concerns Of High Valuations, Subpar Results

New Delhi, Jan 25 : A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day.The sentiment may continue to lean towards the bears as...

\'shark Tank India 3\': \'rodbez\' Seals Joint Deal With Oyo Rooms Founder, Sugar Cosmetics Ceo

Mumbai, Jan 25 : The new episode of ‘Shark Tank India’ season three saw an innovative pitch by Bihar’s ‘RodBez’, a platform offering one-way taxi, taxipool, and carpool services The...

Hpcl Posts Rs 529 Cr Net Profit In Oct-dec Quarter

New Delhi, Jan 25 : Public sector oil marketing company Hindustan Petroleum Corporation Limited (HPCL) reported a profit of Rs 529 crore for the October-December quarter, which is a 3-fold...

Samsung India Partners Blinkit To Deliver Galaxy S24 Series In 10 Min

New Delhi, Jan 25 : Samsung on Thursday announced a tie-up with quick-commerce platform Blinkit to deliver its newly launched Galaxy S24 series in India. Customers living in Delhi-NCR, Bengaluru...

Black And Decker Expanding Footprint In India With Cutting-edge Innovation

New Delhi, Jan 25 : As the consumer electronics market goes through a churning in India, Black and Decker brand is expanding its footprint in the domestic market, striving to...

Will Soon Launch Digital India Futurelabs, Semiconductor Research Centre: Mos It

New Delhi, Jan 25 : The Union Government on Thursday announced its plans to launch ‘Digital India futureLABS’ and establish the India Semiconductor Research Centre. The ‘Digital India futureLABS’ will...

Reliance Jio, Oneplus Join Hands To Drive 5g Innovation In India

New Delhi, Jan 25 : Reliance Jio and the global technology brand OnePlus on Thursday announced a strategic partnership aimed at unlocking the full potential of 5G technology in India....

Apple Plans To Charge Developers Who Allow To Sideload Their Apps In Eu: Report

San Francisco, Jan 25 : Apple is reportedly planning to impose fees and restrictions on developers who offer the ability to sideload their apps in the European Union (EU). App...

Us-based Investment Firm Fidelity Cuts Valuation Of Pine Labs, Meesho

New Delhi, Jan 25 : Global investment firm Fidelity has marked down the valuation of fintech unicorn Pine Labs and e-commerce company Meesho. As per the regulatory filings with the...

Sk Hynix Swings To Profit On Rising Demand For Premium Chips

Seoul, Jan 25 : SK hynix said on Thursday it swung to a profit in the fourth quarter of last year on the back of rising demand for premium memory...

Lg Electronics’ Profit More Than Quadruples On Home Appliances, Automotive Parts

Seoul, Jan 25 : LG Electronics said on Thursday that its fourth-quarter operating profit more than quadrupled from a year earlier on robust sales of home appliances and automotive parts....

Autonomous Vehicle Tech Firm Aurora Lays Off 3% Of Workforce

San Francisco, Jan 25 : Autonomous vehicle technology company Aurora Innovation has laid off three per cent of its workforce at the starting of this year, the media reported. As...

Sensex Down 700 Points Led By Slump In Tech Mahindra

New Delhi, Jan 25 : BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra. BSE Sensex was trading at 70,331.85 points,...

Freshworks Entered A Red Ocean Market By Choice: Ceo Girish Mathrubootham

New Delhi, Jan 25 : Despite the funding winter induced by tightening global monetary environment, Indian startups saw $8.4 billion of capital pour into them in 2023.Over the last couple...

Cloud Software Major Sap\'s Restructuring Plan To Affect 8,000 Jobs

New Delhi, Jan 25 : Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions. The majority of the approximately 8,000 affected...

Microsoft Now A $3 Trillion Company, Second After Apple

San Francisco, Jan 25 : Microsoft has reached the coveted $3 trillion mark and became the second company after Apple to achieve this feat. Microsoft reached a $3 trillion market...

Ev Sales Growth May Be \'notably Lower\' In 2024: Tesla

San Francisco, Jan 25 : Elon Musk-run Tesla has reported $7.9 billion in net income and $25.2 billion in revenue during the fourth quarter of 2023, a 3 per cent...

Dial Moves Delhi Hc Against Centre\'s Decision To Permit Commercial Flight Operations At Hindon Airforce Station

New Delhi, Jan 24 : The Delhi International Airport Limited (DIAL) on Wednesday filed a petition before the Delhi High Court challenging the Civil Aviation Ministry’s decision to permit the...

Massive Data Breach Reveals 26bn Records From Linkedin, Snap, X, More: Report (ld)

New Delhi, Jan 24 : Cybersecurity researchers have warned that a database containing over 26 billion leaked data records has been discovered, which include users’ data from LinkedIn, X (formerly...

Finance Minister Kicks Off Interim Budget 2024 Process With Halwa Ceremony In North Block

New Delhi, Jan 24 : The Halwa ceremony, marking the final stage of the preparation process for Interim Union Budget 2024, was held in North Block on Wednesday in the...

Govt Invites Bids For Setting Up Advanced Chemistry Cell Making Units Under Pli Scheme

New Delhi, Jan 24 : The Ministry of Heavy Industries on Wednesday announced the re-bidding of production linked incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. With this...

Tata Steel Bounces Back Into Profit In Q3 Despite Challenges In Europe Ops

Mumbai, Jan 24 : Tata Steel on Wednesday bounced back with a consolidated net profit of Rs 522.14 crore in the Oct-Dec quarter of the current financial year from a...

Cabinet Gives Coal India Go-ahead For Two Projects Worth Rs 24,835cr

New Delhi, Jan 24 : The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved two major projects to be taken up by Coal...

Sony Ceo Assures Staff Of \'long-term Growth, Strong Future\' After Zee Deal Falls Through

Mumbai, Jan 24 : N.P.Singh, Sony Pictures Networks India Managing Director and Chief Executive Officer, assured employees that he, along with the senior management, is “committed to setting the company...

Zee Moves Nclt Seeking Directions To Implement Merger With Sony

New Delhi, Jan 24 : Zee Entertainment has initiated legal action to contest Culver Max (formerly Sony Pictures Network India) and BEPL’s claims in the arbitration proceedings before the Singapore...

Cabinet Approves Rs 8,500 Crore Scheme To Boost Coal Gasification Projects

New Delhi, Jan 24 : The Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the scheme for promotion of Coal Gasification projects of public sector undertakings and private...

Bajaj Auto Q3 Pat Rises To Rs 2,041.88 Crore

Chennai, Jan 24 : Selling higher number of vehicles, two and three wheeler major Bajaj Auto Ltd closed the third quarter of FY24 with a higher net profit of Rs.2,041.88...

Nifty Registers Sharp Recovery After Tuesday\'s Sharp Fall

Mumbai, Jan 24 : From early morning low of 21,137, Nifty registered a sharp recovery of more than 340 points and finally ended the day with gains of 215 points...

Tvs Motor Logs Q3 Pat Of Rs 593.35 Crore

Chennai, Jan 24 : Two- and three-wheeler major TVS Motor Company Ltd closed the third quarter of FY24 with a higher net profit of Rs 593.35 crore. In a regulatory...

Market Volumes To Be Tepid In Truncated Week

Mumbai, Jan 24 : FIIs continue to be sellers in the market this week. “We expect the domestic and FPI volumes to remain tepid during truncated week, as most long...

Nokia Signs 5g Patent Cross-license Pact With Oppo

New Delhi, Jan 24 : Nokia on Wednesday signed a 5G patent cross-license agreement with global smartphone brand OPPO that covers Nokia’s fundamental inventions in cellular technologies. Under the agreement,...

Whatsapp Working On \'chat Interoperability\' Feature To Comply With New Eu Rules

New Delhi, Jan 24 : Meta-owned WhatsApp is working on a chat interoperability feature to comply with new European Union (EU) regulations. In the latest iOS app beta version of...

Tech Mahindra\'s Q3 Net Falls Drastically To Rs 485.9 Crore

Chennai, Jan 24 : Software player Tech Mahindra Ltd closed its third quarter with a drastic fall in its net profit at Rs 485.9 crore on a lower operational revenue....