Business

Apple App Store policies present ‘conflict of interest’: Mark Zuckerberg

San Francisco: Amid the ongoing Elon Musk and Apple tussle, Meta Founder and CEO Mark Zuckerberg has once again slammed the iPhone maker for its App Store content moderation policies that present…
Smaller rate hikes likely coming in December: US Fed chairman

Washington: Jerome Powell, Chairman of the US Federal Reserve, said the central bank could pull back on the pace of its aggressive rate hikes as soon as December. “The time for moderating…

Wipro Infrastructure Engineering acquires Pune-based Linecraft.ai

Bengaluru: The industrial automation business of Wipro Infrastructure Engineering, a Wipro Enterprises entity, on Thursday announced it is acquiring Linecraft.ai, a Pune-based AI-enabled company, for an undisclosed sum. Linecraft.ai harnesses the power…
IndiGo in collaboration with DGCA launch ‘Digital e-logbook’ for pilots

New Delhi: Indigo airline in collaboration with aviation regulator DGCA launched ‘Digital e-logbook’ for pilots. The e-logbook will provide direct flight data transfer service to pilots from IndiGo systems to eGCA logbooks…
As Elon Musk took over, Twitter bans over 44K accounts for violations in India

New Delhi: Twitter banned 44,611 accounts promoting child sexual exploitation and non-consensual nudity in India between September 26 and October 25, as Elon Musk took over. In the earlier period between August…
GDP growth halved to 6.3% in Sep quarter of current fiscal

New Delhi: India’s GDP growth halved to 6.3 percent in September quarter of current fiscal from 13.5 percent growth recorded in June quarter, according to data released by the Ministry of Statistics…
NDTV scrip hits upper limit after change of guard at promoter company

Chennai: The shares of television channel company New Delhi Television Ltd (NDTV) on Wednesday hit the upper circuit at the bourses with the change of guard at the promoter’s holding company RRPR…

BJP claims better performance than UPA govt in economic domain

New Delhi: The political tussle between Congress and BJP has intensified with respect to the ‘politics of performance’. While Congress is constantly trying to put the Modi government in the dock regarding…
Cashify to open 250 physical stores by March 2023

New Delhi: Re-commerce marketplace Cashify on Wednesday announced to launch 250 physical stores by March next year, with an aim to reach 120 per cent annual growth. The company aims to expand…
Musk starts reinstating 62K suspended Twitter accounts as ‘Big Bang’ process

New Delhi: Elon Musk has started reinstating nearly 62,000 suspended Twitter accounts with more than 10,000 followers, including one account that has over 5 million followers and 75 accounts with over 1…
Worldwide sales of heat pumps set to soar to record levels: IEA

New Delhi: Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency (IEA) said…
Microsoft, LinkedIn empower 7.3 mn learners in India, announce new skills

New Delhi: Microsoft and its subsidiary LinkedIn on Wednesday announced it has empowered 7.3 million learners in India to acquire digital skills for in-demand jobs. To date, Microsoft has engaged 14 million…
Alibaba to sell shares worth $200 mn in Zomato: Report

New Delhi: Chinese behemoth Alibaba is set to sell its shares worth $200 million in Zomato via a block deal on Wednesday, the media reported. According to CNBC Awaaz, citing sources, Ant…
Markets welcome Adani group gaining substantial stake in NDTV

Chennai: The stock market was upbeat on Tuesday after the Adani group acquired 99.5 per cent holding in RRPR Holding Private Ltd, the promoter group vehicle of news media company New Delhi…
Sensex, Nifty settle at fresh lifetime highs; maintain winning momentum for 6th day

Mumbai: The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. The 30-share BSE Sensex gained 177.04…