Business
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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…
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Hyundai, SK On sign pact for EV battery partnership in US
Seoul: Hyundai Motor Group said on Tuesday it has signed an initial pact with car battery maker SK On to secure batteries for its dedicated electric vehicle (EV) plant in the United…
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Tata group to merge Vistara with Air India; Singapore Airlines to own 25% stake
New Delhi: In a major consolidation in the Indian aviation space, Tata group on Tuesday announced the merger of Vistara with Air India, and pursuant to the deal, 25 percent stake in…
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RBI’s pilot project on digital rupee to be launched on Dec 1
New Delhi: The Reserve Bank of India’s (RBI) first pilot project for retail digital Rupee (ea,-R) would be launched on December 1, 2022. The pilot would cover select locations in closed user…
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‘Financial creditors forego 70% of Rs 7.90 lakh cr under insolvency resolution process’
Chennai: With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing 70 per cent of their admitted claims of Rs 790,626.2 crore), the number of…
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Google, iHeartMedia to pay over $9 mn for running deceptive Pixel ads
New York: The US Federal Trade Commission (FTC) and state attorneys general have settled lawsuits against Google and iHeartMedia to pay $9.4 million in penalties over featuring deceptive ads promoting the Pixel…
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India more conscious than ever about its data usage: Jaishankar
New Delhi: External Affairs Minister S. Jaishankar on Tuesday said that the country is now more conscious of the fact that where and who processes its data. Speaking at the 7th Global…
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Indian stock markets touch new highs on Tuesday
Chennai: For the second day in succession the Indian stock markets flared up with the Sensex of BSE and Nifty of NSE touching record highs on Tuesday. The Sensex of BSE on…
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Amazon CloudWorks Internet Monitor to let users diagnose internet issues
San Francisco: Amazon Web Services (AWS), the Cloud arm of Amazon, has announced its “CloudWorks Internet Monitor”, which will allow users to reduce the time it takes to diagnose internet issues. As…
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5G with IoT to unlock Indian businesses’ potential: NTT India CEO
New Delhi: The 5G roll-out in India has generated a lot of interest among enterprises and the combination of Internet of Things (IoT) and 5G will herald a new era of domestic…
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Apple launches Oceanic+ app on Watch Ultra
New Delhi: Apple has launched the new Oceanic+ app to its Watch Ultra, which allows scuba divers to take the watch to previously unreachable depths, including up to 130 feet. In a…
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US judge stops Amazon from firing employees for unionisation
New York: A US judge has issued a cease and desist order against Amazon to stop the commerce giant from firing employees for unionisation. The order by US District Court Judge Diane…
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After FTX, now crypto finance firm BlockFi files for bankruptcy
New Delhi: Crypto finance firm BlockFi has filed for bankruptcy to help “stabilise its business,” as investors are yet to recover from the fall of crypto exchange FTX. BlockFi and eight of…
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Dailyhunt, Josh parent firm VerSe Innovation lays off 150 employees
New Delhi: VerSe Innovation, the parent company of Dailyhunt and short-form video platform Josh, has laid off nearly 150 employees in a bid to “streamline” its costs and teams. The layoffs impacted…
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Khattar assures providing space to Delhi traders in Haryana
Delhi: Representatives of several business associations in Delhi met Haryana Chief Minister Manohar Lal Khattar on Monday to discuss the expansion and shifting of their businesses to the state. Khattar said that…
