Business
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Byju’s pays April salary in full, except to sales employees
New Delhi: Embattled edtech platform Byju’s has paid full salary for April to employees in all functions, except sales staff, even as the company is facing a liquidity crisis. According to sources,…
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Gold prices in Dubai shoot up: Find rates here
The gold prices at the opening of the markets in the United Arab Emirates (UAE) on Thursday, May 2, rose by Dirham 2 (Rs 45.45) per gram. The Dubai Jewellery Group data showed a 24-carat…
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Sensex rises over 200 points on strong domestic cues
New Delhi: The Bombay Stock Exchange (BSE) Sensex gained more than 200 points on Thursday on strong domestic cues. Among the Sensex stocks, Powergrid was up more than 3 per cent while…
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Govt’s firm stand on buying Russian oil saves $8 billion in India’s import bill
New Delhi: India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import…
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Rupee turns flat at 83.43 against US dollar in early trade
Mumbai: The rupee traded on a flat note at 83.43 against the US dollar in early trade on Thursday amid a strong greenback after the American central bank decided to keep interest…
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G7’s coal phase-out not enough without ending gas dependency: Experts
New Delhi: The agreement arrived at by G7 ministers to phase out the existing unabated coal power generation by 2035 is welcome, but their addiction to gas production and consumption remains the…
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25 pc of cyberattacks motivated by ‘espionage’ in APAC region last year: Report
New Delhi: About 25 per cent of cyberattacks were motivated by ‘espionage’ in the Asia-Pacific (APAC) region last year, which is significantly higher than the 6 per cent and 4 per cent…
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Microsoft announces to open its first regional data centre in Thailand
New Delhi: Microsoft on Wednesday announced to build a new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for more than 100,000 people, and support the nation’s growing…
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FirstCry CEO’s remuneration drops 49 per cent to Rs 8.6 crore a month
New Delhi: Supam Maheshwari, Co-Founder and CEO of mother and child care e-commerce platform FirstCry, has seen his monthly remuneration drop at least 49 per cent to Rs 8.6 crore, as per…
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Adani Group’s Ambuja Cements clocks highest-ever PAT at Rs 4,738 crore in FY24
Ahmedabad: Ambuja Cements on Wednesday reported profit after tax (PAT) at Rs 4,738 crore for FY24 — up by a record-setting 119 per cent (year-on-year) — and operating EBITDA at Rs 6,400…
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Adani Energy Solutions’ Q4 net profit falls 13 pc to Rs 381 cr
New Delhi: Adani Energy Solutions Ltd (AESL) on Tuesday posted a 13.26 per cent fall in its consolidated net profit to Rs 381.29 crore during the quarter ended March 2024 on account…
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Flipkart-owned Cleartrip’s CFO steps down, Akshat Mishra takes over
New Delhi: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the…
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Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
New Delhi: Microsoft on Tuesday announced that it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia. The company also announced AI…
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38 kid products sold on Chinese shopping apps have ‘cancer-causing’ substances
Seoul: High levels of chemicals known to cause cancer have been found in 38 products for kids available on the Chinese shopping apps of AliExpress and Temu for South Korean customers, the…
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Getting back to normal: Zerodha’s Nithin Kamath makes first public appearance after stroke
New Delhi: Zerodha Co-founder and CEO Nithin Kamath has made his first public appearance about two months after disclosing that he had suffered a mild stroke. In a post on X, the…
