Business
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Apple to increase battery replacement cost for out-of-warranty iPhones
San Francisco: Apple has announced that it is increasing the cost of out-of-warranty iPhone battery replacements for all models older than the iPhone 14 later this year. “The current out-of-warranty battery service…
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International regulation needed for crypto activities, says RBI
New Delhi: Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities. In it’s financial stability…
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Swiggy’s losses jump 2X to Rs 3,629 cr in FY22, layoffs coming
New Delhi: Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year. Total expenses went up 131 per cent…
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Crucial meeting of Reliance Capital COC to be held on Tuesday
Mumbai: The Committee of Creditors (COC) of Reliance Capital is scheduled to meet on Tuesday to discuss the Resolution plans of the Torrent Group and Hinduja Group. The legal Advisors to the…
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Elon Musk 1st person in world to lose $200 bn in net worth: Report
San Francisco: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth,…
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Tesla may unveil $25K Model 2 car in 2024
San Francisco: Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported. TSLA analysts at Loup Ventures predict that the Model 2…
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CarDekho logs Rs 1,600 cr in revenue in FY22, narrows losses by 28%
New Delhi: IPO-bound car search platform CarDekho Group on Monday said it registered 81 per cent growth in consolidated revenue from operations, increasing to Rs 1,598 crore in FY22 from Rs 884…
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Data breach reported by Toyota Kirloskar Motor
New Delhi: A data breach has been reported by Toyota Kirloskar Motor on Sunday. The extent of the intrusion in its system is still being evaluated, according to the leading automotive player.…
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GST revenues grow 15 pc to Rs 1.49 lakh cr in Dec
New Delhi: GST revenues rose by 15 per cent in December 2022 to over Rs 1.49 lakh crore, the Finance Ministry said on Sunday. “The gross GST revenue collected during December 2022…
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Tesla told workers not to discuss pay, working conditions: US labour board
San Francisco: Elon Musk-run Tesla has been accused of violating labour laws in the US, allegedly directing employees not to talk about pay and working conditions. In a complaint, the National Labor…
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Global cybersecurity market grows 16% to reach $17.8 bn in Q3
New Delhi: The global cybersecurity market grew 15.9 per cent year on year to $17.8 billion in the third quarter this year, despite deteriorating economic conditions, a report has shown. Palo Alto…
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The Market: 2022 in retrospect and looking at the year ahead
Calendar year 2022 has come to an end and one sentence that could possibly best describe it would be – it was a tough one. The year had plenty for it and…
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Twitter employees bring their own toilet paper as Musk fires janitors
San Francisco: Call it crazy but Elon Musk’s huge cost-cutting measures have forced some Twitter employees to bring their own toilet paper because there are no janitors to replace supplies at the…
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Apple pauses iOS 16.2’s Home App upgrade, puts to internal list of issues
San Francisco: Apple has paused the Home architecture update of iOS 16.2 and added it to an internal list of issues typically reserved only for widespread and notable problems, as it caused…