Business
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Hit by ransomware, China’s biggest lender pays hackers to ‘close deal’
The US arm of the Chinese state-owned commercial bank, Industrial and Commercial Bank of China (ICBC), which was hit by a ransomware attack on November 9 that disrupted trade in the US…
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Elections in 2024 to disrupt ‘calm’ Indian stocks: Morgan Stanley
New Delhi: The tranquility in India’s $3.7 trillion stock market is set to be broken as one of the world’s most populous nation heads to polls in about six months, according to…
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Tata Steel to axe 800 jobs at Dutch plant
New Delhi: Tata Steel said on Monday that it would axe around 800 jobs at its plant in the Netherlands to cut costs as it switches to green technology for bringing down…
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Indian stocks off to weak start to truncated trading week
New Delhi: Indian stocks opened the fresh week on a tepid note, after a one-hour bumper Muhurat trade on Diwali evening. Benchmark Nifty and Sensex were about 0.4 per cent lower each…
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Mobile operators to invest over $30 bn in open radio access networks by 2030
New Delhi: Mobile operators are likely to invest more than $30 billion in open RAN networks globally by 2030, representing a CAGR of 24 percent for the period, according to a latest…
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Investors expect markets to continue rising, say analysts
New Delhi: Indian indices rose in the Muhurat trading session in-line with most such sessions in the past, helped also by positive global cues. After a great year for broader equity markets,…
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Investors to focus on inflation data in the week ahead
New Delhi: Reflecting the mixed global sentiments on account of a more than expected fall in Chinese exports, highlighting a continued slowdown in global trade, the Indian market is mired to a…
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FPIs pulling out of stocks but stepping up investments in debt instruments
Mumbai: Foreign portfolio investors (FPIs) continue to pull out money from the Indian equity markets in November but have stepped up investment in debt instruments resulting in a net inflow of foreign…
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Massive Tech Layoffs: 2.5 Lakh Jobs Lost in 2023 till now
New Delhi: Nearly 2.5 lakh employees have been laid off so far this year in the global technology and startup sector, as the tech layoffs continue unabated for the past two years.…
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Manipal’s Pai acquires Rs 1,400 crore Davidson Kempner debt on BYJU’s
New Delhi: Manipal Education and Medical Group Chairman Ranjan Pai has acquired a Rs 1,400 crore debt raised by edtech major BYJU’s from Davidson Kempner, sources said. The settlement includes a penal…
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Users can shop on Pincode using ONDC Gift Cards this Diwali
New Delhi: Pincode, a local shopping app developed on the ONDC (Open Network for Digital Commerce) Network, on Friday announced that customers can elevate their festive shopping experience by using the newly…
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Apple’s next Swift Student Challenge to launch in Feb 2024
New Delhi: Apple has announced that its next “Swift Student Challenge” will open in February 2024 and include a new category recognising 50 distinguished winners, who will be named for standout submissions.…
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Top companies across sectors posting jobs around GPT-4: Report
New Delhi: Companies across sectors are posting jobs around GPT-4 and some of the notable firms looking for talented workers in AI are Microsoft, Citigroup, Merck & Co, Thomson Reuters Corp, and…
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Snap partners OpenAI for developers to use ChatGPT in Lenses
San Francisco: Snap, the parent company of Snapchat, has partnered with OpenAI to offer a new ChatGPT Remote API (Application Programming Interface) for Lens developers to leverage ChatGPT in their Lenses. “We…
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ED attaches three properties of Hero Motocorp CMD, Chairman Pawan Munjal
New Delhi: In a massive action against the Hero Moto Corp CMD and Chairman, Pawan Munjal, the Enforcement Directorate (ED) on Friday said that it has attached three immovable properties located in…
