Business
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Adani’s USD 1.2 bn copper plant to boost India’s metal production
New Delhi: Billionaire Gautam Adani-led group is building the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, which will help cut India’s dependence on imports and aid energy transition, sources…
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Money laundering concerns and KYC non-compliance led to ban on Paytm Bank by RBI
New Delhi: Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down on…
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Here are reasons behind RBI’s clampdown on Paytm payments bank
New Delhi: Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down…
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Zuckerberg fifth richest person in the world following surge in Meta share price
New York: Meta Platforms CEO Mark Zuckerberg is now the fifth richest person in the world following a surge in Meta’s share price that has seen his net worth increase more than…
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Apple not to license Masimo’s patents despite Watch import ban
San Francisco: Apple has no intention to license healthcare company Masimo’s blood oxygen detection to end the Apple Watch import ban. Apple CEO Tim Cook told CNBC that the company is focused…
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Some customers had tears in their eyes at Vision Pro launch: Tim Cook
San Francisco: As Apple CEO Tim Cook greeted first customers of the $3,499 mixed reality (MR) headset Vision Pro, he realised some of them even had tears in their eyes as they…
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Jeff Bezos to sell 50 mn Amazon shares in next 12 months
San Francisco: Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported. According to a filing with the US Securities and…
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Time to transform cybersecurity as good vs bad GenAI debate rages
Bangkok: As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever-evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that…
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RBI issues warning against fraud through KYC trick
Mumbai: The Reserve Bank RBI on Friday, February 2, cautioned the general public against frauds in the name of KYC updation as more incidents are being reported of customers being cheated through…
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Govt to sell Bharat Rice at Rs 29 per kg in retail
New Delhi: The government on Friday said it will sell ‘Bharat Rice’ in the retail market at Rs 29 per kg from next week to give relief to the common man and…
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Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
New Delhi: Digital payments and services app Paytm is working and will continue to work as usual even after February 29, its CEO Vijay Shekhar Sharma said on Friday. The founder and…
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Sensex up by more than 700 points a day after Interim Budget
New Delhi: BSE Sensex jumped more than 700 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25. Sensex was trading at 72,422.09 points,…
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BYJU’s investors seek ouster of founders
New Delhi: Around six investors in Think and Learn Private Limited, which operates under BYJU’s brand, have called for an extraordinary general meeting to address issues at the edtech major and oust…
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Housing scheme in Budget to boost steel, cement, construction
New Delhi: The boost to housing in the Interim Budget is another important proposal from the market perspective since this will benefit industries like cement, steel and all construction-related segments, Geojit Financial…
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Centre announces Rs 1L cr corpus with 50-yr, interest-free loans for tech-savvy youth
New Delhi: The government on Thursday announced a Rs 1 lakh crore corpus for youth for long-term financing and refinancing that will help young entrepreneurs innovate and grow at scale in the…
