Business
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Small and mid-cap indices reach all-time highs
Mumbai: Small and mid-cap stocks were standout performers on Tuesday, with both indices reaching all-time highs, said Vinod Nair, Head of Research at Geojit Financial Services. Strong domestic factors are providing crucial…
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Honda Elevate SUV price announced
Honda Cars India (HCIL) announced the price of its mid-size sports utility vehicle (SUV), Elevate, on Monday. Although it starts at a higher price compared to other competitors, the price of the…
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PM Modi meets Nvidia chief Jensen Huang
New Delhi: Prime Minister Narendra Modi on Monday met CEO of Nvidia Jensen Huang. “Had an excellent meeting with Jensen Huang, the CEO of @nvidia. We talked at length about the rich…
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Dunzo to now pay salaries ‘batch-wise’ after several delays
Bengaluru: Homegrown quick-grocery delivery provider Dunzo, which has been delaying salaries for its employees after being unable to raise funds, has further delayed paying its staff and will now do it “batch-wise”.…
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SpiceJet’ Board grants approval for issuance of equity shares
New Delhi: Indian low-cost carrier SpiceJet Ltd said that its Board of Directors’ allotment committee, during its meeting held on Monday, has deliberated upon and granted approval for the issuance of equity…
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WhatsApp bans over 72L bad accounts in India in July
New Delhi: Meta-owned WhatsApp banned a record of over 72 lakh bad accounts in India in the month of July, in compliance with the new IT Rules 2021. Between July 1-31, “72,28,000…
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Meta purges over 21 mn bad pieces of content on FB, Insta in India in July
New Delhi: Meta said that it took down over 15.8 million pieces of content across 13 policies for Facebook and over 5.9 million pieces of content across 12 policies for Instagram in…
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Airtel to buy 23,000 MWh of renewable energy for 6 Nxtra data centres
New Delhi: Bharti Airtel on Monday announced it will purchase 23,000 MWh of renewable energy for its data centre company Nxtra by the fourth quarter (Q4) of FY23-24. With this addition, the…
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ChatGPT can help debunk myths on vaccine safety on social media: Study
London: Open AI’s ChatGPT may help to increase vaccine uptake by debunking myths on social media around jab safety, according to a study. Researchers from Instituto de Investigacion Sanitaria (IDIS)-Hospital Clinico Universitario…
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Flipkart to create over 1 lakh jobs in supply chain ahead of festive season
New Delhi: E-commerce major Flipkart on Monday said that it will generate over 1,00,000 direct and indirect jobs across its supply chain, including fulfilment centres, sortation centres, and delivery hubs, ahead of…
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Paytm Card Soundbox, India’s 1st with card payments feature, launched
New Delhi: Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, on Monday launched its latest innovation — Card Soundbox. With this, the company will…
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Walmart paid $3.5 bn to buy Flipkart shares from Binny Bansal, Tiger Global & others
New Delhi: Retail giant Walmart has paid around $3.5 billion to acquire shares in e-commerce major Flipkart from non-controlling stakeholders, including co-founder Binny Bansal and top investment firms Tiger Global and Accel,…
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Amazon e-commerce business acquirer Benitago files for bankruptcy
San Francisco: Amazon e-commerce business acquirer Benitago Group has filed for bankruptcy in the US, listing both assets and liabilities ranging from $50 million to $100 million. Founded by Benedict Dohmen and…
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Pegasystems to lay off nearly 240 employees in 2nd job cut this year
San Francisco: Global software company Pegasystems is laying off 4 per cent of its workforce, or about 240 employees, in a second job cut this year. US-based Pegasystems (Pega) said in public…
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US economy added jobs at robust pace last month
Minneapolis: The US economy added 187,000 jobs in August, slightly more than expected, according to data released on Friday by the Bureau of Labor Statistics, a media report said. The monthly job…
