Category: Business

MUMBAI: Benchmark equity indices Sensex and Nifty hit their fresh all-time peaks in early trade on Friday amid buoyant investors' sentiment days ahead of the[more...]

He took a pay cut of around 19% in FY24 with a compensation package of $769,456 (about Rs 6.4 crore) from $951,353 (about Rs 7.9[more...]

Demolishing general election 2024 outcome-related jitters, India's equity market made stellar gains on Wednesday. The benchmark indexes -- BSE Sensex and NSE Nifty -- closed[more...]

NEW DELHI: The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant[more...]

According to Gaura Sen Gupta, the chief economist at IDFC First Bank, the RBI balance sheet rose 11.4 percent in FY24 due to the increase[more...]

DELHI: The baggage delivery time at six major airports has improved significantly in the last four months, with more than 90% of the passengers getting[more...]

MUMBAI: Equity benchmark indices declined in early trade on Tuesday in line with weak trends from Asian markets and fresh foreign fund outflows.The 30-share BSE[more...]

European Food Safety Authority (EFSA) could not conclude on the genotoxicity and carcinogenicity of 2-CE and therefore no safe level could be derived and a[more...]

Citing the past decadal trend, Jateen Trivedi of LKP Securities sees the metal hitting the R20,000/g or R2 lakh/10 grams mark within the next seven[more...]

NEW DELHI: Foreign investors have pulled out a massive Rs 28,200 crore from Indian equities so far this month, owing to uncertainties about the outcome[more...]

Born to a mango vendor in a village in Mangalore, Kamath started his business journey by helping his father in running his business. After dropping[more...]

NEW DELHI: Even as other telecom service providers have been rolling out 5G, Vodafone Idea Limited (Vi), the country’s third-largest telecom operator, is still prioritising[more...]

NEW DELHI: If Congress-led INDIA alliance comes to power, it will lead to de-rating in markets and in specific sectors such as defence, capital goods,[more...]

Passed in 2003, the FRBM Act was to reduce annual deficits in a phased manner with a goal of bringing it down to 3% of[more...]

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down[more...]

BENGALURU: Networking technology company Netgear sees growth momentum in the Indian market and aims to expand its presence here. The Nasdaq-listed firm also plans to[more...]

Brussels: The EU on Thursday opened a formal investigation into Facebook and Instagram on suspicion the platforms owned by Meta are causing addictive behaviour in[more...]

NEW DELHI: Life Insurance Corporation (LIC) on Wednesday said markets regulator Sebi has granted an additional 3 years time till May 16, 2027 to comply[more...]

Eight TikTok content creators sued the US government on Tuesday, issuing another challenge to the new federal law that would ban the popular social media[more...]

MUMBAI: Unchecked explosion in the riskier futures & options market by retail investors can create problems for their household finances, warned the outgoing finance minister[more...]

The Chinese economy has been slowed by the collapse of the country’s real estate market and past pandemic lockdowns, prompting Chinese President Xi Jinping to[more...]

MUMBAI: The largest auto-focused non-bank lender Shriram Finance has decided to exit the housing finance vertical and has agreed to sell its entire 85 percent[more...]

BENGALURU: Food delivery platform Zomato on Monday reported Rs 175 crore net profit for the fourth quarter ended March 31. In the year-ago period it[more...]

MUMBAI: Eighty-five per cent of about 12,000 freshers set to join the country's largest lender SBI in FY25 are engineering graduates, its chairman Dinesh Khara[more...]

MUMBAI: Air India Express is slowly restoring its flights and stabilising the network, an official said on Sunday while the cabin crew union emphasised that[more...]

James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists,[more...]

In total, X banned 185,544 accounts in the reporting period. The microblogging platform, in its monthly report in compliance with the new IT Rules, 2021,[more...]

MUMBAI: Digital-only non-life insurance player Go Digit General Insurance which is backed by celebrity couple Virat Kohli and Anushka Sharma on Friday fixed the price[more...]

As the IT sector goes through muted revenue growth, companies have become more conservative in their FY25 projections, baking in anticipated delays in executions and[more...]

Net interest income increased to Rs 10,363 crore in Q4 from Rs 10,293 crore in Q3 and Rs 9,499 crore in Q4FY23 showing an improvement[more...]

MELBOURNE, Australia: Air Vanuatu announced Thursday the airline had cancelled international flights for four days and was considering bankruptcy protection for the South Pacific state-owned[more...]

Air India Express Employees Union (AIXEU), a registered union, which claims to represent around 300 cabin crew members, mostly seniors, had also alleged that mismanagement[more...]

MUMBAI: The rupee settled for the day on a flat note at 83.51 (provisional) against the US dollar on Wednesday, as the support from easing[more...]

MUMBAI: The sharp increase in the provisioning for financing under-construction infrastructure projects to the tune of 5 percent upfront from the present 0.2 percent as[more...]

NEW DELHI: The central government has permitted exports of 14,000 tonne of non-basmati white rice to Mauritius, an official notification showed. Notably, the export of[more...]

Since the pandemic it has been growing faster and has doubled the branch strength to over 2,700 and serves 56 lahk customers.The gold loan vertical[more...]

NEW DELHI: Zee Media Corporation Ltd on Monday said its CEO Abhay Ojha has been terminated with effect from May 4, 2024.In a regulatory filing,[more...]

MUMBAI: Belstar Microfinance, an arm of the largest gold loan company Muthoot Finance, has filed the final documents (draft red herring prospectus) with the regulator[more...]

NEW DELHI: As many as 184 thermal power plants with a total generation capacity of 211 GW have 68 per cent of normative coal stock[more...]

MUMBAI: Kotak Mahindra Bank, hit hard by a regulatory bombshell late last month, on Saturday admitted that the ban on its online and mobile app[more...]

CHENNAI: German automaker Volkswagen has inaugurated a new store in the city under its expansion drive in the state, strengthening its retail presence in the[more...]

WASHINGTON: Google’s preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech[more...]

MUMBAI: Equity benchmark indices pared all early gains and were trading lower in mid-session on Friday, with the Sensex tumbling 779.69 points and the Nifty[more...]

MUMBAI: Equity benchmark indices rebounded in early trade on Thursday amid optimistic investors' sentiment boosted by a record-high GST collections in April and foreign fund[more...]

NEW DELHI: Shares of Kotak Mahindra Bank on Thursday declined over 4 per cent after the company announced that its joint managing director K V[more...]

WASHINGTON: The US Federal Reserve held interest rates steady for a sixth straight meeting on Wednesday, keeping the level at a 23-year high to fight[more...]

India's GST collections in April surged to a record Rs 2.10 lakh crore, showcasing a 12.4% rise from April last year when collections stood at[more...]

The Godrej family on Tuesday announced their split as "an ownership realignment" of their shareholdings in the Godrej companies. The Mumbai-based conglomerate said that the[more...]

NEW DELHI: Star Health and Allied Insurance on Tuesday reported a 40 per cent increase in net profit to Rs 142 crore for the fourth[more...]

MUMBAI: The AV Birla group flagship UltraTech Cement on Monday reported a 35.2 percent on-year growth in net profit at Rs 2,258 crore for the[more...]

MUMBAI: Equity benchmark indices Sensex and Nifty rebounded in early deals on Monday in tandem with a rally in global markets and buying in ICICI[more...]

However, the pitchmen on both sides are now disowning the very idea they once proposed as if it's some junk in the trunk. In fact,[more...]

The dark zoneThere are hundreds of other advertisements that continue to make false health claims. From ‘Mountain Dew’ creating Supermen who dive off mountains, to[more...]

The second-largest lender by market capitalization of around Rs 7.77 trillion, after the largest rival HDFC Bank with over 11.46 trillion, said its non-interest income,[more...]

NEW DELHI: In a setback for Go First, the Delhi High Court on Friday directed the country’s aviation regulator Directorate General of Civil Aviation (DGCA)[more...]

“We expect RIL’s Ebitda to increase by 8 percent on-year FY25 and nearly double in FY26 with a 14 percent jump, while capex intensity which[more...]

NEW DELHI: S&P Global Ratings on Friday said the RBI's regulatory action on Kotak Mahindra Bank could restrain the lender's credit growth and profitability.The RBI[more...]

BENGALURU: Financial Year 2025 will be a 'turnaround phase' for Tech Mahindra as CEO and MD Mohit Joshi on Thursday at a post-earnings analyst call[more...]

MUMBAI: JioCinema has announced significant price cuts for its premium content subscription packages to compete with Netflix, Disney+Hotstar, and Amazon Prime Video, as well as[more...]

Talking about revenues, he said they had furloughs in Q3, and then a gradual reversal of furloughs, which also impacted the overall revenue ramp up[more...]

NEW DELHI: The base year for most Indian economic data could be revised to 2022-23 or 2023-24 depending on the results of the Household Consumption[more...]

Then, on Tuesday night, Google fired “over 20” more staffers, “including non-participating bystanders during last week’s protests,” said Jane Chung, a spokeswoman for No Tech[more...]

HYDERABAD: The District Consumer Disputes Redressal Commission, Hyderabad II, has directed Samsung to pay a compensation of Rs 25,000 to a customer for selling an[more...]

NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) is likely to initiate a thorough investigation into MDH and Everest spices in India[more...]

In a major boost to debt-laden Vodafone Idea Limited (VIL), its Rs 18,000 crore follow-on public offer (FPO) achieved full subscription on the third and[more...]

‘Hum-do, hamare-do’ – the catchy Family Planning slogan of the 1970s and 80s – has probably not something the millennials have ever heard of. It[more...]

NEW DELHI: The Board of directors of Ultratech Cement on Saturday approved the purchase of a grinding unit at Parli, Maharshtra from India Cement for[more...]

What is the cost?Caswell: In the last decade it was very expensive. It was very difficult: You need the data, you had to build a[more...]

NEW DELHI: The impact of ongoing tension between Iran and Israel is being felt all over the global economy, including India. As the two nations[more...]

Mumbai-based yarn maker Sanathan Textiles Friday scaled down its proposed initial share sale to Rs 800 crore in the new filing with the regulator from[more...]

KOCHI: Software consulting firm 42Square, headquartered in Infopark, Kochi, has officially announced its acquisition by Wavetronix LLC, an intelligent traffic solutions based in Utah. The[more...]

Google has fired 28 employees involved in protests over the tech company’s cloud computing contract with the Israeli government, according to statements from the company[more...]

MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker[more...]

In the United States, the southeastern and southwestern states get economically pinched more than the northern ones with parts of Arizona and New Mexico taking[more...]

Nestlé, the world’s largest consumer goods company, adds sugar and honey to infant milk and cereal products sold in many poorer countries. This is contrary[more...]

New routes FY ‘24 saw the launch of several new airlines and routes, including Air India Express, Alliance Air, and Fly91 on the domestic front while Manta Air, Maldivian Airlines,[more...]

NEW DELHI: Coal India Limited, India’s largest coal miner, saw its expenditure rise by 6.5% year-on-year to Rs 19,840 crores by the end of FY[more...]

Mumbai: Vodafone Idea, which has been struggling to raise growth capital for long, is in the midst of launching the largest follow-on-public offer (FPO) later[more...]

NEW DELHI: Wholesale inflation in the country rose marginally to 0. 53 per cent in March compared to 0. 20 per cent in the preceding[more...]

NEW DELHI: Medical reports did not indicate that Jet Airways founder Naresh Goyal’s health would improve if he was released and he was already getting[more...]

NEW DELHI: Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest[more...]

“The whole thing back then was get out and get away from the hustle and bustle of urban life and get into the backcountry,” Zuercher[more...]

BENGALURU: The country’s largest IT services company Tata Consultancy Services (TCS) on Friday reported a 9% increase in its consolidated net profit for the fourth[more...]

NEW YORK: Big banks warned of an “uncertain” year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation[more...]

NEW DELHI: Moody's Analytics on Friday projected India's economy to expand 6.1 per cent in 2024, lower than 7.7 per cent growth clocked in 2023.It[more...]

LONDON: Steelworkers at Britain’s largest steel production plant voted to strike for the first time in around 40 years to protest the planned loss of[more...]

NEW DELHI: The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent from 6.7 per[more...]

Mumbai: The first quarter of 2024 ending March was the busiest three months period for the domestic equity capital markets (ECM), raking in a whopping[more...]

In a move that may impact consumers, Maruti Suzuki, India's largest car manufacturer, has announced a significant price hike for its popular models, the Swift[more...]

Vistara is to operate more than 300 flights daily in the ongoing summer schedule that started on March 31."We are carefully scaling back our operations[more...]

Benchmark stock indices hit all-time highs in morning trade today, with strong performances by sectors such as information technology and automobile. The Sensex breached the 75,000[more...]

NEW DELHI: India has again invoked the peace clause of the World Trade Organisation (WTO) to provide excess support measures to rice farmers in the[more...]

Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) on Monday announced signing a Memorandum of Understanding (MOU) for strategic cooperation with India’s Exide Energy[more...]

NEW DELHI: Artificial intelligence and machine learning can drive efficiency and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour, according[more...]

NEW DELHI: The Supreme Court on Friday in its order transferred to itself all the pending petitions in nine High Courts challenging the imposition of[more...]

Talking about succession planning during the third quarter earnings, he had said, "It is my responsibility to make sure that we are building proper succession[more...]

US Naval ships will now dock at, and undergo repairs, at Cochin Shipyard according to a new agreement, part of a broader naval cooperation framework[more...]

MUMBAI: The South African financial services major Sanlam Group, which has a joint venture with the Chennai based Shirram group for its insurance ventures, has[more...]

MUMBAI: The National Stock Exchange (NSE) is awaiting approval from the capital markets regulator SEBI to kickstart the much-awaited Initial Public Offering (IPO) process, its[more...]

The allocation of wheat has been reduced to 184 lakh tonne annually from the previous 230-240 lakh tonne under various welfare schemes in view of[more...]

LUANG PRABANG: Senior finance and central bank officials from Southeast Asia and major economies met Thursday in the scenic Laotian city of Luang Prabang to[more...]

According to a recent report by Bain & Company, healthcare innovation in India is currently a $30 billion opportunity, dominated by pharma services and healthtech.[more...]

MUMBAI: Adani Green Energy Wednesday said its operating capacity has crossed the 10,000 mw-milestone, catapulting it as the country's largest renewable energy company. On a[more...]

Snacks and Beverage giant PepsiCo India on Tuesday said that it is investing Rs 1,266 crore in setting up a flavour manufacturing unit in Ujjain,[more...]

Shree Cement Limited, one of India's largest cement producers, today inaugurated its new integrated cement plant in Dachepalli village, Guntur district of Andhra Pradesh. The[more...]

On the flip side, the country continued to see a rise in foreign liabilities, due to the heightened inward direct investments, portfolio investments, and loans[more...]

Stating that bank credit outstanding could cross Rs 200 lakh crore by March 2025, credit growth will remain healthy, albeit a tad lower at 14[more...]

NEW DELHI: There is healthy and tough competition in the Indian market, which is also price sensitive, the country's largest airline IndiGo's chief Pieter Elbers[more...]

NEW DELHI: As many as 443 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of[more...]

Samsung has launched its latest smartphone, the Galaxy F15 5G, in India on Monday. The device boasts a massive 6000mAh battery and a vibrant sAMOLED[more...]

Nearly 50% of this GMV till March 2024 has been attributed to the procurement of services, registering a 205% growth when compared to last year.[more...]

New Delhi: Leading IT and tech leaders on Friday hailed Prime Minister Narendra Modi for his candid chat with Microsoft Co-founder Bill Gates on various[more...]

The so-called Adani-Ambani joint venture in power sector, dominating the headlines today, is not as much of a groundbreaking event as it is portrayed to[more...]

New Delhi: In a breather for embattled edtech company Byju's, the National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting[more...]

NEW YORK: Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022[more...]

MUMBAI: The rupee declined by 7 paise to close at 83.36 (provisional) against the US dollar on Wednesday, tracking a strong American currency against major[more...]

NEW DELHI: SpiceJet has signed an agreement with aircraft lessor Export Development Canada (EDC) to settle liabilities worth Rs 755 crore and acquire the full[more...]

The Indian economy is supposed to have entered what is called a K-shaped 'recovery' after the COVID pandemic. As per Investopedia, “A K-shaped recovery is[more...]

LONDON: Farmers drove dozens of tractors in a slow-motion convoy towards Britain’s Parliament on Monday to protest post- Brexit rules and trade deals that they[more...]

LONDON: Britain's housing stock offers the poorest value for money among advanced nations, according to a study published Monday warning that the crisis-hit sector will[more...]

LONDON: More than a decade after London hosted the Olympic Games, cranes are still everywhere in and around the Olympic Park in Stratford, where an[more...]

NEW DELHI: The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata[more...]

The controversial electoral bonds has immensely benefitted not just the ruling national party BJP, but also significantly helped regional parties. A TNIE analysis of the[more...]

NEW DELHI: The government has extended the export ban on onion till further orders to increase domestic availability and keep its prices under check.Earlier, it[more...]

NEW DELHI: India’s forex reserves touched an all-time high of $642.49 billion on week-ended March 15 beating the previous highest of $642.45 billion in September[more...]

NEW DELHI: Exporters facing huge demand from the department of revenue intelligence (DRI) may get respite as Gujarat High Court agrees to review its order[more...]

DATA CENTRE BOOMIndia, which has made significant strides in IT, connectivity, and digitization, is now emerging as a hub for data centres. According to Cushman[more...]

Markets surged strongly and gained nearly a per cent, tracking favourable global cues, Ajit Mishra, SVP - Technical Research, Religare Broking Ltd said."Nifty tested the[more...]

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has directed 11 public sector banks not to take coercive action against IL&FS and its group[more...]

NEW DELHI: Telecom gear maker HFCL Limited on Wednesday announced that it will build a state-of-the-art optical fiber cable manufacturing plant in Poland at a[more...]

NEW DELHI: After facing a backlash online from a section of people over the launch of the "Pure Veg Mode" service, Zomato CEO Deepinder Goyal[more...]

Property in China experienced two decades of meteoric growth alongside rising living standards across the country and long accounted for more than a quarter of[more...]

NEW DELHI: It will take nearly four to five years to make central bank digital currency or eRupee popular among common people, according to banking[more...]

BENGALURU: Infosys founder NR Narayana Murthy has gifted 15 lakh shares or 0.04% stake worth over Rs 240 crore in the IT company to his[more...]

Stress test resultSo, what does the stress test result show. How liquid is the small and mid-cap mutual fund scheme where you are investing your[more...]

MUMBAI: A consumer disputes redressal commission here found Flipkart guilty of adopting unfair trade practices and ordered it to pay a customer Rs 10,000 for[more...]

The report stated that the consumption of natural gas has experienced a fluctuation over time.During 2022-23, the consumption against energy purpose has experienced a negative[more...]

According to data from the Election Commission of India, Meil purchased Rs 980 crores worth electoral bonds between April 2019 and November 2023, while its[more...]

KOCHI: Kerala-based energy tech Startup, 'chargeMOD', has announced its expansion plans and said it will deploy 1,200 more EV chargers across India and 600 more[more...]

The company has said that users can buy HDFC Bank FASTags and also recharge FASTags of other partnered banks on the Paytm app but cannot[more...]

Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows.The 30-share BSE Sensex declined 314.56 points to[more...]

"Oil Marketing Companies (OMCs) have informed that they have revised petrol and diesel prices across the country. New prices would be effective from 15th March[more...]

MUMBAI: Equity benchmark indices extended their previous day's bearish trend and declined in the early trade on Thursday amid heavy foreign fund outflows and mixed[more...]

NEW DELHI: Dalal Street investors became poorer by Rs 13.47 lakh crore in a single day on Wednesday amid heavy selling in the equity market,[more...]

CHENNAI: The Securities Exchange Board of India (SEBI) has ordered Vedanta Limited, earlier known as Cairn India Limited, to pay `77.62 crore with 18% simple[more...]

The traditional Banking style of a customer waiting at the counters is slowly fading with the pervading new technology in banks. The fintechs, who are[more...]

NEW DELHI: IndiGo co-founder Rakesh Gangwal on Monday sold a 5.8% stake in InterGlobe Aviation Ltd, the parent company of India’s largest airline. According to[more...]

NEW DELHI: Hyundai Motor India Ltd. (HMIL) on Monday launched the CRETA N Line at a starting price of Rs 16.82 lakhs which goes up[more...]

MUMBAI: Equity benchmark indices declined in early trade on Monday after rallying in the past two straight sessions amid weak trends from the US markets[more...]

NEW DELHI: First oil from state-owned Oil and Natural Gas Corporation's (ONGC) just-started KG deep-sea oilfield has gone to its subsidiary Mangalore Refinery and Petrochemicals[more...]

In 2021, Boeing had agreed to pay $2.5 billion, including a $244 million fine, to settle an investigation into the crashes of flights operated by[more...]

NEW DELHI: Following Prime Minister Narendra Modi's announcement of a price cut on LPG cylinders, GAIL (India) Limited and its subsidiary GAIL Gas Limited have[more...]

BENGALURU : Women-led tech start-ups have managed to secure only $1.1 billion funding in 2023, a 75% decline compared to $4.5 billion in 2022. This[more...]

NEW DELHI: The Congress' promise of legal right to apprenticeships for youth is a unique step and the first of its kind in the world,[more...]

CHENNAI: The Central Bureau of Investigation (CBI) has conducted search operations at 67 locations in seven cities of Rajasthan and Maharashtra in connection with a[more...]

The tech giant will also help boost cybersecurity at 300,000 small to mid-sized businesses, non-profits and other social organisations in the region, said Google's Kazuya[more...]

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.The US markets ended in the positive territory on Wednesday.Foreign Institutional Investors (FIIs) bought[more...]

RBI Governor Shaktikanta Das on Wednesday said the economic growth in the current financial year could be close to 8 per cent in view of[more...]

On 1 March 2024, American technology giant Google delisted over 250 apps from 10 Indian app developers from its Play Store. In a blog post,[more...]

BEIJING: China aims to achieve 5% economic growth this year, Premier Li Qiang said Tuesday, acknowledging that it will be a challenging goal in difficult[more...]

Mumbai: The Reserve Bank of India (RBI) on Monday directed IIFL Finance Ltd. to stop sanctioning or disbursing gold loans or assigning/securitising/selling any of its[more...]

LONDON: The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc's[more...]

NEW YORK: Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts.Announcements[more...]

The market valuation of State Bank of India jumped Rs 12,182.1 crore to Rs 6,89,917.13 crore, and that of HDFC Bank rallied Rs 7,178.03 crore[more...]

CHENNAI: Neyveli Lignite Corporation (NLC) is in talks with Nuclear Power Corporation of India Limited (NPCL) for setting up Small Modular Nuclear Reactors (SMR) at[more...]

BENGALURU: Edtech company Byju's has delayed February salaries for over 20,000 employees, blaming four investors who had approached the National Company Law Tribunal (NCLT) against[more...]

The central government settled Rs 41,856 crore to central goods and services tax (CGST) and Rs 35,953 crore to SGST from the IGST collected. This[more...]

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting[more...]

NEW DELHI: The Directorate General of Civil Aviation (DGCA) on Thursday imposed a fine of Rs 30 lakh on Tata Group airline Air India for[more...]

Traditionally, poverty rates are measured using household consumption expenditure surveys. But there are alternate methods like imputing the growth rate in national accounts consumption to[more...]

Chrysler is recalling more than 330,00 Jeep Grand Cherokees because of a steering wheel issue that may cause drivers to lose control of their vehicles.The[more...]

Reliance Industries said its unit Viacom 18 will absorb Star India, one of India's earliest private sector broadcasters, originally owned by Rupert Murdoch and currently[more...]

THOOTHUKUDI: Sterlite Copper's unit will not be reopened as the state government has put forth its contentions before the Supreme Court, Thoothukudi Mayor Jegan Periyasamy[more...]

‘No one is safe’Even as the freshers are most affected, the fall in demand for IT services and the technological disruption is also leaving an[more...]

BENGALURU: Zerodha founder and CEO Nithin Kamath revealed that he suffered a mild stroke six weeks ago. On Monday, he made it public through a[more...]

MUMBAI: The Reserve Bank of India (RBI) on Monday said it has imposed penalties amounting to almost Rs 3 crore on State Bank of India,[more...]

NEW DELHI: Public sector undertaking (PSU) stocks are on a roll. Consider this, LIC shares, which were one of the biggest wealth guzzlers for more[more...]

WASHINGTON: From a trade imbalance to technological competition, a host of economic flashpoints are boosting tensions between Washington and Beijing -- and these are among[more...]

How do you think the competition in the FMCG segment playing out given both Reliance and Tatas are upping their games in the segment?Competition has[more...]

NEW DELHI: SEBI is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should[more...]

BENGALURU: The Reserve Bank of India on Friday asked the National Payments Corporation of India (NPCI) to examine the request of One97 Communications Ltd (OCL),[more...]

NEW DELHI: More than 60 percent of shareholders of edutech Byju's on Friday voted for the removal of founder CEO Byju Raveendran and his family[more...]

NEW DELHI: Greece Prime Minister Kyriakos Mitsotakis has highlighted GMR’s construction of an airport in his home island of Crete while talking about India’s investment[more...]

Beyond 49 per cent, FDI in these activities would require government approval, it added.Further, up to 100 per cent overseas investments are permitted under the[more...]

NEW DELHI: The Financial Stability and Development Council (FSDC), chaired by Finance Minister Nirmala Sitharaman, in its meeting on Wednesday decided to launch a uniform[more...]

In the audit profession, for instance, to check a 700-page annual report of a listed company, one can make a PDF and put it in[more...]

NEW DELHI: The government seeks investment of about $26 billion from private companies for the country’s nuclear energy sector. As per a report, the government[more...]

This includes the development of proprietary AI & GenAI platforms, tools for automation, data analytics solutions, and bespoke AI applications for specific industry verticals such[more...]

“We’re giving you a long rope, don’t take any risks in this matter…There is no scope for any belated payment in this case,” added the[more...]

NEW DELHI: Government think tank NITI Aayog has pitched for tax reforms, a mandatory saving plan, and housing plan for elderly in India, as the[more...]

BITCOIN, which hit $52,000 and regained $1 trillion in market value after 26 months last week, may soon hit $60,000, according to experts. They say[more...]

"I can safely tell you that the names that you mentioned have submitted these big, very credible, very significant investment proposals. There are other announced[more...]