Business
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Reliance Jio launches India’s most affordable internet-enabled phone at Rs 999
New Delhi: Reliance Jio on Monday launched India’s most affordable 4G phone ‘Jio Bharat V2’ at just Rs 999, which is the lowest entry price for an internet-enabled phone in the country.…
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A91 Partners invests $30 mn in digital transformation provider KaarTech
New Delhi: Leading investment firm A91 Partners has invested $30 million in digital transformation consulting company KaarTech, it said on Monday. Founded in 2006 and headquartered in Chennai, KaarTech specialises in SAP…
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3 new China-based Tesla rivals see sales surge as BYD leads
Hong Kong: Not only China-based BYD which is now a formidable electric car-maker but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs…
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Tesla produced nearly 480K cars, delivered 466K vehicles in Q2 2023
San Francisco: Elon Musk-own Tesla has announced that it produced nearly 4,80,000 vehicles and delivered over 4,66,000 cars in the second quarter (Q2) of this year. Among 4,66,000 delivered vehicles, 19,225 were…
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GST collections rise 3% in June to Rs 1,61,497 crore
New Delhi: The gross GST revenue collected in June witnessed a meagre 2.80 per cent rise to Rs 1,61,497 crore, compared to Rs 1,57,090 crore collected in May. Out of the GST…
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George Soros’ foundation lays off 40% of workforce
New York: George Soros’ Open Society Foundations will lay off at least 40 per cent of its staff amonth after the 92-year-old announced he handed the reins of the multi-billion-dollar foundation to…
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Ness Digital acquires German firm MVP Factory
New Delhi: US-based IT company Ness Digital Engineering on Saturday announced the acquisition of German-headquartered corporate venture builder & product design studio MVP Factory. MVP Factory provides an end-to-end service for digital…
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HDFC Ltd to merge into HDFC Bank to create financial behemoth
Mumbai: In an expected development, HDFC Bank, India’s leading private sector bank, on Friday announced the successful completion of the merger of HDFC Ltd, India’s premier housing finance company, with and into…
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Apple only company ever to reach USD 3 trillion in market cap
New Delhi: Apple is once again worth $3 trillion, the only company ever to reach the milestone, a media report said. Its shares rose 1 per cent on Friday to hit a…
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Interest rates for popular small saving schemes remain unchanged
New Delhi: The government has kept the interest rates for popular small savings schemes like national saving certificate, public provident fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Yojana, unchanged for the…
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Microsoft announces AI-powered shopping tools in Bing, Edge
San Francisco: Tech giant Microsoft has announced new artificial intelligence (AI)-based shopping tools in Bing and Edge, that will help users to shop and save “with confidence.” The new tools help users…
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Female job seekers at Bill Gates’ private office asked sexually explicit questions: Report
San Francisco: Some women who sought jobs at billionaire philanthropist Bill Gates’s private office were asked some wildly inappropriate questions like their sexual histories, nude photos, and porn, a report has claimed.…
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Gujarat temples contribute 200 kg gold worth Rs 120.6 crore to GMS
Gandhinagar: In a display of support for the Gold Monetization Scheme (GMS) introduced by the Union government, two prominent temples in Gujarat, Ambaji Temple and Somnath Temple, have collectively deposited close to 200 kg…