Business
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ATF price hiked by over 18%, steepest rise ever
New Delhi: High crude oil prices on Wednesday led OMCs to hike aviation turbine fuel (ATF) price by over 18 percent to more than Rs 1 lakh per kilolitre, the steepest hike…
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Indices settle high led by rally in realty, metal; Sensex up 1,040 pts
New Delhi: Keeping its early gains intact, India’s key equity indices — Sensex and Nifty – settled sharply higher on Wednesday led by rally in all the sectoral indices. Among all, Nifty…
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Hyundai to produce all-electric IONIQ 5 in Indonesian plant
Seoul: South Korea’s Hyundai Motor Co said on Wednesday that it will produce the IONIQ 5 all-electric model in its first manufacturing plant in Southeast Asia. Hyundai Motor completed the 150,000 unit-a-year…
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Indian startups, big firms aim to make digital economy personal: Adobe
New Delhi: New innovations in Adobe Experience Cloud are customising experiences for millions of people in milliseconds and from startups to big enterprises in India, the aim now is to make the…
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Bounce to set up 300 charging stations in 10 Indian cities
Bengaluru: In a bid to provide battery swapping stations for Greaves electric vehicles in India, domestic smart mobility solution Bounce Infinity on Tuesday announced that it plans to set up 300 charging…
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Retail fuel prices would need to be increased by 15% to reflect international crude prices
New Delhi: Retail fuel prices have not been marked to market for a few months and should be increased by approximately 15 per cent to reflect the current international crude prices, Morgan…
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US restaurant chain sues Google for directing customers away
San Francisco: A restaurant group in the US has sued Google for directing customers to unauthorised Google-branded food ordering web pages rather than sending them to the restaurant’s own website. The Florida-based…
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Hackers hit automotive component supplier Denso, 1.4TB data stolen
New Delhi: Automotive component supplier Denso on Monday confirmed that its group company in Germany network was hit by a cyber attack. The hackers illegally accessed the company’s Germany operations on March…
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I’ll use Rs 10 cr to give 1,000 jobs, not buy a dining table: Ashneer Grover
New Delhi: Former BharatPe Co-founder and Managing Director Ashneer Grover has hit back at the company’s Board, saying he never bought a dining table worth Rs 10 crore as being reported. In…
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Equities start week on positive note; Sensex up 936 pts
New Delhi: The rally in equity indices continued from the past week to settle sharply higher on Monday. “Markets started the week on a buoyant note and gained over one and a…
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BharatPe aims to disburse Rs 500 cr in gold loan by 2022 end
New Delhi: Fintech platform BharatPe on Monday announced the launch of gold loan for its merchant partners, marking its foray into the secured loans category with an aim to disburse Rs 500…
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Maserati Boomerang turns 50
New Delhi: A dream car, an extreme, futuristic, almost irrational model capable of remaining imprinted on the memory of every single fan has been around from half a century, since 9 March…
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First Covid and now Ukraine, global markets reel under blow after blow
New Delhi: The only positive consequence of a continuing conflict in Ukraine from a market standpoint is that the longer it goes the more likely it is to temper the recently conceived…
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Sunflower oil shortage boon for palm oil producers, bane for consumers
New Delhi: Shortage of sunflower oil amid the ongoing Russia-Ukraine war has sent crude palm oil prices through the roof. The geo-political worries in the Black Sea region has a significant bearing…
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With crude hovering around $95-$130, fuel price hike inevitable
New Delhi: Continued hostilities between Russia and Ukraine as well as rising demand is expected to keep global crude oil prices in the range of $95-$125 per barrel in the short to…