Business
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Swiggy’s shares tank for 4th straight day, slip below IPO price
Mumbai: Following a decline for the fourth consecutive day, shares of online food aggregator Swiggy on Friday slipped below its initial public offering (IPO) issue price of Rs 390. According to market…
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Rate cut to spur residential demand, lower home loan rates: Industry
New Delhi: The real estate industry on Friday welcomed the much-awaited benchmark rate cut of 25bps by the Reserve Bank of India (RBI), saying lowered interest rates will further nudge homebuyers to…
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Banks to have ‘bank.in’ internet domain name, non-banks ‘fin.in’: RBI
Mumbai: In order to check cyber security threats, the Reserve Bank on Friday decided that Indian banks will have exclusive internet domain name ‘bank.in’ and non-bank financial entities ‘fin.in’. Unveiling the last…
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Hyundai to suspend Ioniq 5, Kona Electric production amid slowing EV demand
Seoul: Hyundai Motor will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources on Friday. According…
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Internet major Naver’s Q4 net income up 48.8 pc on robust sales
Seoul: Naver Corp, South Korea’s leading internet portal operator, said on Friday its fourth-quarter net profit jumped nearly 50 percent from a year earlier thanks to robust sales from its search and…
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Stock market trades flat ahead of key RBI MPC rate cut decision
Mumbai: The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting to announce its decision…
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Hyderabad: 3-day workshop on horticulture to begin at Hitex on Friday
Hyderabad: A three-day “Workshop on Innovative Technologies in Horticulture Crops Production and Value Addition” is being organized as part of the ‘Kisan Agri Show’ at HITEX in Hyderabad from February 7-9. The…
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Zomato to trade as ‘Eternal’ on stock exchanges
New Delhi: Food-tech giant Zomato on Thursday officially changed the company’s name to Eternal, following an approval from its board. In a stock exchange filing, the online food aggregator said that when…
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DeepSeek banned in USA, illegal users could be fined, jailed
Texas state in the United States of America has banned the Chinese AI app DeepSeek, days after the AI model challenged leading American AI models. Texas Governor Greg Abbott, issued the ban…
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Budget to boost consumption sectors, DeekSeek AI an opportunity for Indian IT firms
Bengaluru: The Union Budget will boost consumption sector and long-term policies are favourable for urban housing, insurance and defence-related industries, according to a new report. The capex budget has risen 15 per…
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Softbank’s Son had ‘good discussion’ with chiefs of Samsung, OpenAI
Seoul: SoftBank Group head Masayoshi Son said on Tuesday he had a “very good discussion” with Samsung Electronics Co. Chairman Lee Jae-yong and OpenAI chief Sam Altman, as the three gathered to…
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World Bank India head meets Fadnavis, affirms to up commitments in Maharashtra
Mumbai: World Bank’s country head for India Auguste Tano Kouame on Tuesday met Maharahstra’s Chief Minister Devendra Fadnavis, and expressed that the multilateral lender is keen to expand the commitments to the…
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Adani Ports handles highest-ever monthly cargo of 39.9 MMT in Jan, up 13%
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it handled its highest-ever monthly cargo volume of 39.9 million metric tonnes (MMT) in January, which was up 13 per…
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Indian stock market opens higher as US delays tariff hikes on Canada, Mexico
Mumbai: The NSE Nifty 50 and BSE Sensex snapped two-day fall on Tuesday after the US delayed tariff hikes on Canada and Mexico by a month. At 9.32 a.m., the Sensex gained…
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Bill Gates explores making of his internal operating system in new memoir
Washington: As he prepares to turn 70 later this year, Microsoft founder Bill Gates’ new memoir explores how his childhood quirks, upbringing, friendships and experiences coalesced into shaping his internal operating system.…
