Business
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Musk briefly loses world’s richest man’s title to Bernard Arnault
San Francisco: Twitter owner Elon Musk briefly lost his position as the world’s richest man to Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH on Wednesday. According…
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LIC can be converted into composite insurer merging 4 PSU general insurers with it
Chennai: With the Central government proposing to allow composite insurers, the four public sector general insurance companies can be merged with the Life Insurance Corporation of India (LIC) is one of the…
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Apple Car launch delays to 2026, may cost under USD 1,00,000
San Francisco: Apple has reportedly delayed the launch of its electric vehicle, referred to as the ‘Apple Car’, until 2026 and is expected to be priced under $1,00,000. Apple is scaling back…
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Musk briefly loses world’s richest man’s title to Bernard Arnault
San Francisco: Twitter owner Elon Musk briefly lost his position as the world’s richest man to Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH on Wednesday. According…
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Musk launches govt-focused satellite internet service called Starshield
San Francisco: Elon Musk-run SpaceX has announced a new government-focused satellite internet service called Starshield with a focus on “national security”. Starshield leverages SpaceX’s Starlink technology and launch capability to support national…
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Amazon brings new Kindle with better display, 16GB storage to India
New Delhi: Amazon on Wednesday announced the next-generation Kindle that offers 300 ppi high-resolution display, USB-C charging, battery life of up to six weeks and 16GB storage. The 16GB variant of the…
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35,000 customers in North Carolina without power after substation sabotage
Washington: Tens of thousands of customers in the US state of North Carolina remain without power days after substations in Moore County were attacked and vandalised. Duke Energy said on Tuesday that…
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Germany arrests 25 accused of coup
Berlin: Twenty-five people have been arrested in raids across Germany on suspicion of plotting to overthrow the government. German reports say the group of far-right and former military figures planned to storm…
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RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
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Myntra’s EORS 17 to cater to 5 mn shoppers with 17 lakh styles from Dec 10-16
Bengaluru: The 17th edition of Myntras biannual End of Reason Sale (EORS) is set to cater to 5 million shoppers with a whopping 17 lakh styles across leading fashion, beauty and lifestyle…
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No scientific evidence that e-cigarettes are less harmful: Health experts
New Delhi: The growing use of e-cigarettes or ENDS (Electronic Nicotine Delivery Systems), also known as vaping devices, has become a cause of great concern globally as well as in India. The…
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Paid Telegram Premium service tops 1 mn subscribers: CEO
New Delhi: Telegram Founder and CEO Pavel Durov on Wednesday said that the paid Telegram Premium, which we introduced just five months ago, has surpassed 1 million subscribers. Telegram in October reduced…
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Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
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Tim Cook, Joe Biden plan ‘make in America’ chips at TSMC plant
San Francisco: In their bid to cut the dependency on China amid the supply chain turmoil, US President Joe Biden and Apple CEO Tim Cook have announced plans to start using chips…