Business
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Hindenburg row: Gautam Adani says truth has prevailed
New Delhi: Billionaire Gautam Adani reacting to the Supreme Court judgment on allegations levelled by a US short-seller against his conglomerate, said on Wednesday that truth has prevailed and his group would…
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Stock markets fall in early trade dragged down by IT counters, weak global trends
Mumbai: Equity benchmark indices fell in early trade on Wednesday pulled down by IT stocks and weak trends from global markets. Extending its previous day’s decline, the 30-share BSE Sensex fell 271.85…
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Telegram announces colourful calls, largest bot update
New Delhi: Encrypted messaging platform Telegram on Tuesday unveiled new updates, featuring a range of exciting enhancements aimed at elevating user experience. The update introduces colourful calls, a visually stunning Thanos Snap…
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PM launches Rs 400-crore demonstration fast reactor fuel reprocessing plant
Chennai: Prime Minister Narendra Modi on Tuesday dedicated to the nation the Rs 400 crore Demonstration Fast Reactor Fuel Reprocessing Plant (DFRP) at the Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam.…
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Investment giant Fidelity cuts Musk-run X’s valuation by 71.5%
San Francisco: In some bad news for Elon Musk, global investment firm Fidelity has marked down its investment in Musk-run X Holdings (the parent company of X) by a whopping 71.5 per…
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POCO to launch X6 series in India on Jan 11
New Delhi: Global smartphone brand POCO on Tuesday said that it is all set to expand its best-selling X series portfolio with the launch of X6 series — POCO X6 Pro and…
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Key UPI transaction changes that come into effect in New Year
New Delhi: The Unified Payments Interface (UPI) rules have gone through some key changes in the New Year to improve online banking and payment transaction experiences. The National Payments Corporation of India…
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Crypto firm Sinohope sees losses grow over 40%, no FTX funds in sight
Hong Kong: Cryptocurrency firm Sinohope Technology (formerly Huobi Technology) reported more than 40 per cent loss for the first nine months of 2023, as its funds are still stuck in the collapsed…
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Meta removes support for Chromecast from Quest VR headsets: Report
San Francisco: Meta has discontinued Chromecast functionality from Quest VR headsets via a software update with the build number (firmware version) 60.0, which was released last month. The change is especially noticeable…
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China’s BYD gears up to topple Musk’s Tesla as world’s top EV maker
New Delhi: Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles…
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Sensex down more than 500 points
New Delhi: Equity benchmarks sank on Tuesday with selling emerging at higher levels. BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure. Ultratech Cement was down…
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Zomato hikes platform fee to Rs 4 across key cities after bumper NY Eve
New Delhi: Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets. The…
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From Zomato to Oyo, massive surge in orders, bookings on New Year’s Eve
New Delhi: Food delivery platforms like Zomato and Swiggy and quick commerce platforms like Blinkit and Zepto, along with hospitality major Oyo, saw highest-ever orders and bookings on the New Year’s Eve,…
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Foreign net purchases of Samsung Electronics reach all-time high
Seoul: Foreign investors’ net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors…
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We Founder Circle leads early-stage funding in Indian startups in 2023
New Delhi: Founders-led investment firm We Founder Circle (WFC) on Monday said it invested in 103 deals across 82 startups in 2023, thus becoming the largest angel investor network in the country.…
