Business
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JioPhone Prima 4G keypad phone now goes on sale at Rs 2,599
New Delhi: Reliance Jio’s 4G keypad smartphone ‘JioPhone Prima’ is now available to purchase at Rs 2,599 in the country. Users can buy the phone at key retail stores and online platforms…
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IBM launches $500 mn venture fund to invest in range of AI firms
New Delhi: IT major IBM on Wednesday announced that it is launching a $500 million venture fund to invest in a range of artificial intelligence (AI) companies — from early-stage to hyper-growth…
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No selling pressure in broader market since FII selling confined to large-caps
New Delhi: The tug of war between the FIIs and DIIs continues with sustained selling by the FIIs and sustained buying by the DIIs, says V.K. Vijayakumar, Chief Investment Strategist at Geojit…
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Deloitte raises doubt on Dunzo’s ability to continue as ‘going concern’
New Delhi: Top consulting firm Deloitte, which audited the financial statements of cash-strapped Dunzo for FY23, has said that the startup’s ability to operate as a ‘going concern’ is largely dependent on…
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TikTok to shut down $1 bn creator fund from Dec 16
San Francisco: Chinese short-video making app TikTok has shut down its $1 billion creator fund from December 16. Creators in the US, UK, Germany and France will no longer be able to…
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Meta introduces more ways for creators to earn money on Insta, FB
San Francisco: In order to woo creators, Meta has introduced new updates on several products across Facebook and Instagram to help them make money. The company is testing a new invite-only holiday…
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Lenovo, EPOS join hands to provide audio solutions for business professionals
New Delhi: Consumer electronics major Lenovo and the audio solutions and technology company EPOS on Tuesday announced a strategic agreement to provide high-quality audio solutions for business professionals. Through the partnership, EPOS…
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Markets decline in early trade after 3 days of rally
Mumbai: Equity benchmark indices declined in early trade on Tuesday after three days of rally amid weak trends in Asian markets and unabated foreign fund outflows. The 30-share BSE Sensex declined 216.73…
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Reliance JioMotive turns old cars into smart ones
Reliance Jio has launched the JioMotive on-board diagnostics (OBD) device, offering high-end car diagnostic features to older and basic models. According to Jio, JioMotive promises to make traditional cars “smarter”. It will…
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IndiGo to start flights to Bali, Madinah this fiscal: Pieter Elbers
Gurugram: IndiGo plans to start flights to Bali and Madinah in the current fiscal as the airline continues to expand its network, its chief Pieter Elbers said on Monday. The airline is…
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This 70-year-old Uber driver made Rs 23 Lakh by cancelling over 30% of rides
San Francisco: A 70-year-old part-time Uber driver from the US has revealed that he earned more than $28,000 (over Rs 23 lakh) last year by only accepting less than 10 per cent…
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Amazon worker loses Rs 1.7 cr worth stock after refusing to return to office
San Francisco: An Amazon employee, who quit the company after being asked to return to office in the US, has lost more than Rs 1.7 crore ($200,000) in company stocks but he…
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Mpower Financing crosses $300 mn in lending capacity to help students go abroad
New Delhi: Fintech company Mpower Financing has crossed $300 million in overall lending capacity to support education of international students. The active funding included commitments from Deutsche Bank, Goldman Sachs and Varde…
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India most targeted country with 13.7% cyberattacks: Report
New Delhi: India is the most targeted country, with 13.7 per cent of all cyberattacks, followed by the US with 9.6 per cent, Indonesia and China with 9.3 per cent and 4.5…
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Dunzo posts loss of Rs 1,800 cr, revenue at Rs 226 cr in FY23
New Delhi: Cash-strapped Dunzo has posted a loss of Rs 1,800 crore in FY23, a 288 per cent increase from the previous year, according to its consolidated financial statements filed with the…
