Business
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CCI grants approval for merger of Vistara and Air India
New Delhi: The Competition Commission of India (CCI) granted approval on Friday for the merger between Tata Group’s airlines – Vistara and Air India. This significant development opens the door for Air…
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Tesla cuts prices up to 19%, Model X now qualifies for US tax credit
San Francisco: Elon Musk-run Tesla on Friday reduced prices on the Model S and X electric vehicles, with price drops of up to 19 per cent in the US. People can buy…
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Adani Group market cap jumps by Rs 12,675 crore
New Delhi: Adani Group stocks posted gains on Friday, leading to an increase in its market capitalisation by Rs 12,675 crore. The total market capitalisation of the 10 listed Adani Group companies…
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GST revenues grow 11 pc to about Rs 1.6 lakh crore in August: Revenue secretary
New Delhi: The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on…
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realme C51: Democratizing fast charging innovation in C Series
New Delhi: Global technology brand realme said on Friday that it has always been at the forefront of innovation and has upped its game of fast charging by introducing technology such as…
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Y Combinator severs ties with Indian startup Medobed over ‘irregularities’
San Francisco: Leading US-based investment firm Y Combinator has reportedly taken stern action on Indian instant medicine delivery startup Medobed after discovering “irregularities” at the platform. According to TechCrunch, citing sources, Y…
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Investor sues Amazon for giving hefty launch contracts to Bezos’ Blue Origin
San Francisco: An institutional investor has sued e-commerce giant Amazon and its board, including founder Jeff Bezos, alleging there was no due diligence in the company’s Project Kuiper “hefty launch contracts to…
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BGMI developer Krafton set to launch more games, further invest in India
New Delhi: South Korean video game developer Krafton, the publisher behind popular Battlegrounds Mobile India (BGMI) game, is all set to launch more games in the coming year in India, while looking…
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Adani stocks trade in green after group rejects OCCRP allegations
The stocks of Adani Group companies that have faced significant selling pressure following the allegations leveled by the Organized Crime and Corruption Reporting Project (OCCRP) have started trading in green today. While…
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UPI-based payments cross 10 bn monthly transactions for 1st time
New Delhi: The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions in August for the first time, according to the National Payments Corporation of India (NPCI). Monthly transaction count on…
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X seeks permission to collect your biometric data, employment history
San Francisco: Elon Musk-run X (formerly Twitter) is now seeking permission from users to start collecting their biometric data and employment history. The social media network has updated its privacy policy to…
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NCLAT permits Go First lessor to inspect leased aircraft
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows…
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Global EV sales grow 50%, China market faces slowdown
New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in the second quarter (Q2) this year, as China’s domestic market continued to dominate globally but growth failed to…
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India’s GDP growth towers over several economies, says chief economic adviser
New Delhi: Even as the GDP growth for the first quarter of current fiscal stood at 7.8 per cent, a sharp fall from the corresponding period of last year, when it was…
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Here’s why Adani shares are falling today; Adani Green Energy drops over 4%
New Delhi: Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through…
