Business
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Lulu Group to raise Rs 22,500 crore ahead of IPO listing
Abu Dhabi-based leading hypermarket chain and mall operator in the Middle East, LuLu Group International, is seeking to raise Dirhams 10 billion (Rs 22,500 crore), ahead of a possible initial public offering (IPO)…
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Toyota recalls around 168K vehicles over fire risk
San Francisco: Japanese automotive giant Toyota has recalled around 1,68,000 recently manufactured vehicles in the US over a potential fire risk. The recall involves certain 2022 and 2023 model-year Toyota Tundra and…
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US cyber safety board to probe Microsoft hack of govt emails
Washington: The US regulators will perform a review of the recent intrusion of government email systems provided by Microsoft, whose handling of the cyber security breach drew scrutiny from federal lawmakers. Secretary…
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Apple to shut its classic iTunes Movie Trailers app
San Francisco: Apple is reportedly shutting down its long-running iTunes Movie Trailers app as it starts hosting movie trailers exclusively in the company’s flagship TV app. Apple’s plan to wind down the…
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India’s tech success has drawn interest from nations keen to digitise economies: MoS IT
New Delhi: India’s success in deploying technology to transform lives has drawn interest from other countries looking to digitise their economies and governance, Union Minister Rajeev Chandrasekhar has said, citing the achievements…
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BharatPe launches new Android PoS machine for merchants
New Delhi: Fintech major BharatPe on Friday launched its new Android point of sale (PoS) terminal called BharatPeSwipe Android that offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, mobile…
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Oil prices up in July by 16 per cent; highest since Jan 22
New Delhi: The oil market witnessed a significant surge in prices by 16 per cent in July, the highest since January 2022, as per a report by Motilal Oswal Asset Management Company.…
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India’s wearable market grows 53% in 1st half of 2023: Report
New Delhi: India’s wearable marker registered a growth of 53.3 per cent (year-over-over) in the first half of 2023 (1H23), shipping 57.8 million units, a new report has said. According to the…
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Self-driving cabs can now operate in San Francisco 24/7
San Francisco: Regulators in the US state of California have given the green signal to autonomous car companies Cruise and Waymo to run commercial robotaxi services across San Francisco 24/7. After a…
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Crypto trading platform Bittrex, ex-CEO to pay $24 mn to settle SEC charges
Washington: Crypto asset trading platform Bittrex and its co-founder and former CEO, William Shihara, have agreed to settle charges with the US Securities and Exchange Commission (SEC) for $24 million over charges…
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YouTube to disable links in Shorts to reduce scam attempts
San Francisco: In order to reduce spam and scam attempts, Google-owned YouTube has announced that links in Shorts comments and Shorts descriptions will be non-clickable starting August 31. “Starting on August 31st,…
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Lok Sabha passes GST amendments bill to levy 28% GST on online gaming, casinos
New Delhi: Lok Sabha on Friday approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos…
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Musk puts up Twitter signs, other items for auction
San Francisco: Tech billionaire Elon Musk has put up signs and things from the Twitter building for an auction, just a few weeks after the company rebranded to X. The bidding for…
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28% tax on online gaming: Centre to seek introduction, passage of bill to amend GST Act
New Delhi: The central government on Friday will seek the introduction and passage of the Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bill, 2023…
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Amazon digitizes 62 lakh MSMEs, created over 13 lakh jobs in India
New Delhil: Amazon on Thursday said that it has cumulatively digitised over 62 lakh (6.2 million) micro, small and medium enterprises (MSMEs), enabled nearly $8 billion in cumulative e-commerce exports and created…
