Business
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Sensex rebounds 377 pts, Nifty closes above 17,850 as RBI slows down rate hike
Mumbai: Benchmark Sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes…
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France’s Total puts hydrogen partnership with Adani on hold for now
New Delhi: France’s TotalEnergies, one of the largest foreign investors in billionaire Gautam Adani’s business empire, said it has put on hold participation in the Indian conglomerate’s USD 50 billion hydrogen project pending…
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Binance allegations false and misleading, WazirX tells users
New Delhi: Indian cryptocurrency exchange WazirX has said that allegations levied by global crypto company Binance are false and misleading. In a statement, Nischal Shetty-run WazieX said that its users do not…
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India wearable market ships 100 mn units in 2022, boAt takes top spot
New Delhi: The India wearable market saw a strong 46.9 per cent (year-over-year) growth in 2022, as shipments reached 100 million units with boAT taking the pole position, a report showed on…
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Bharti Airtel Q3 net profit surges 92 pc to Rs 1,588 crore
Delhi: Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive…
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Jio True 5G now available in 236 cities, fastest telco to achieve the feat
New Delhi: Reliance Jio on Tuesday said that its True 5G services have gone live in 236 cities, thus becoming the first and only telecom operator to reach such a wide network…
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Reliance Jio, GSMA roll out initiative to train rural women in digital skills
Mumbai: Reliance Jio and global mobile network operators’ organisation GSMA on Tuesday announced the roll-out of their digital skills programme to train rural women in India. The programme aims to provide need-based…
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Price and supply volatility: Addressing global energy security needs
Bengaluru: Prime Minister Narendra Modi inaugurated the India Energy Week (IEW) 2023 on Monday. Participants from different countries gathered to discuss topical energy issues. Rosneft Chief Executive Officer Igor Sechin also visited…
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Hyderabad: ASPIRE invites applicants for start-up launcher program
Hyderabad: The ASPIRE at the University of Hyderabad (UoH) and Entrepreneur Zone–TEZ, a start-up kick starter have invited applications for the start-up launcher programme. According to a press release, the three months…
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Indian startups raised $1.2 bn in Jan, PhonePe & KreditBee lead
New Delhi: Indian startups raised about $1.2 billion in January amid rough macroeconomic conditions and funding winter. According to data by Fintrackr, an arm of startup news portal Entrackr, growth-stage startups witnessed…
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India’s economy already 10% more energy efficient than G20 average: IEA
New Delhi: India’s economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than…
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WhatsApp rolls out ability to create avatars on iOS
New Delhi: Meta-owned messaging platform WhatsApp, in its latest update to iOS, has rolled out the ability to create personalized avatars and use them as stickers and profile pictures. Some users may…
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Technology sector cuts most jobs in January in US: Report
San Francisco: Led by the technology sector, US-based employers announced 102,943 cuts in January, a massive 136 percent increase from the 43,651 cuts announced in December, a new report has said. It…
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Axis Bank clarifies it remains comfortable with exposure to Adani Group
Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on…
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Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case
San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
