Business
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WhatsApp working on ‘chat interoperability’ feature to comply with new EU rules
New Delhi: 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 WhatsApp, WABetaInfo has spotted an…
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Adani Group to invest in various public sectors of Nepal: Minister
Kathmandu: Nepal Finance Minister Ram Sharan Mahat has said that Adani Group will invest in various public sectors in Nepal including airports and energy sector. “The founder and chairman of the Adani…
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Vroom to shut its e-commerce operations, cut nearly 90% of jobs
San Francisco: US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order…
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Fintech firm Brex cuts 20% of jobs in restructuring exercise
San Francisco: US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise. “Today we’re restructuring Brex to become a high-velocity company.…
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Income tax filers more than double to 7.78 cr in 10 years
New Delhi: The number of tax payers filing income tax returns has more than doubled to 7.78 crore in the past 10 years, as per government data. Releasing key statistics, the Central…
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Byju’s seeks fresh funding at nearly $2 bn valuation: Report
New Delhi: Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022. The company, which announced its audited…
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Zomato-backed CureFit cuts 120 jobs in restructuring exercise
New Delhi: Zomato-backed fitness startup CureFit has slashed 120 jobs earlier this week in a restructuring exercise, a media report said on Tuesday. The latest job cuts impacted workers across the company’s…
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Samsung brings live Galaxy AI experiences to India
Mumbai: Samsung on Tuesday inaugurated its first Online-to-Offline (O2O) lifestyle store in India at the Jio World Plaza Mall in Mumbai. Customers will be able to experience and pre-book the latest Galaxy…
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Byju’s revenue reaches Rs 5,298 cr in FY22, losses surge to Rs 8,370 cr
New Delhi: The edtech major Byju’s on Tuesday announced its audited FY22 financial results after much delay, registering operating revenue of Rs 5,014 crore while losses surged to Rs 8,370 crore in…
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Apple releases iOS 17.3 with Stolen Device Protection feature
New Delhi: Apple has released iOS 17.3 — the third major update to the iOS 17 operating system that initially came out in September 2023. With this update, the tech giant has…
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7 in 10 CEOs globally planning to invest in genAI in 2024: Report
New Delhi: About seven out of 10 CEOs globally are planning to invest in generative artificial intelligence (genAI) this year, a new report said on Tuesday. According to the global software-as-a-service (SaaS)…
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GenAI spending from banks to reach $85 bn globally by 2030
New Delhi: The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is a 1,400 per cent growth, a report showed on Tuesday.…
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AI won’t take as many jobs as expected: Study
San Francisco: While researchers around the world expect job losses due to artificial intelligence (AI) soon, a new study has said that AI might not take as many jobs as expected. A…
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Railway stocks down up to 9%
New Delhi: Railway stocks are sharply down in trade on Tuesday after a recent run up. Railtel is down 9.5 per cent at Rs 401.40 on BSE. Ircon is down 9.4 per…
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India’s first Airbus A350 takes wings with passengers from Bengaluru to Mumbai
Bengaluru: Air India on Monday launched its maiden scheduled commercial flight with the country’s first Airbus A350-900 — also the first aircraft in the new bold Air India livery — heralding a…
