Business
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Global DRAM memory market, prices down in Q4: Report
Seoul: Global dynamic random access memory (DRAM) shipments dropped nearly 6 per cent in the fourth quarter from three months earlier, a report showed on Friday, amid sluggish demand from manufacturers that…
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Volkswagen acquiring Huawei’s autonomous driving unit
New Delhi: German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous driving unit for billions of dollars, the media reported. According to Germany’s Manager Magazin, Volkswagen and…
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Global cues, FIIs outflows subdue indices; realty stocks down
Mumbai: Global cues as well as continuous selling by FIIs subdued India’s equity indices — S&P BSE Sensex and NSE Nifty50 — on Friday. Accordingly, indices closed lower for the third consecutive…
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Equities erase early losses, rise marginally in afternoon trade
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — recovered from its early trade losses and traded higher during the afternoon session on Friday. “The roller coaster ride…
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Ford’s Mustang Mach-E removes Tesla Model 3 as top EV
Los Angeles: The Ford Mustang Mach-E secured the “Top Pick” spot on Consumer Reports’ EV list, replacing the Tesla Model 3. According to Consumer Reports, a non-profit consumer research and advocacy organisation,…
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Foldable phone shipments to reach 27.6 mn units in 2025
New Delhi: The foldable phone shipments is likely to reach 27.6 million units in 2025 with a compound annual growth rate (CAGR) of 69.9 per cent, a new report has said. Foldable…
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Spotify paid $200mn for Joe Rogan’s podcast: Report
Los Angeles: Swedish audio streaming platform Spotify reportedly paid $200 million for the exclusive streaming rights to “The Joe Rogan Experience,” double what has been previously reported. According to The New York…
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Musk recalls billionaire who once said Tesla would fail
San Francisco: Elon Musk has revealed that billionaire investor and Vice President of Berkshire Hathaway Charlie Munger once told him that Tesla would fail. On Wednesday, the 98-year-old investor said cryptocurrencies should…
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Equities settle marginally down; banking stocks top losers
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — settled marginally lower on Wednesday in a highly volatile trading session. In the morning session, the indices traded marginally…
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Yes Bank co-founder Rana Kapoor, two others granted bail
Mumbai: A Mumbai court on Wednesday granted bail to Yes Bank co-founder Rana Kapoor and Avanatha Group’s Gautam Thapar and B. Hariharan of Avantha Group in a money laundering case. Additional Sessions…
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vivo plans to export ‘made in India’ smartphones from 2022
New Delhi: Leading global smartphone manufacturer vivo on Wednesday announced plans to start exports of ‘made in India’ smartphones from this year, adding that as part of its Rs 7,500-crore proposed manufacturing…
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NBFC counters rise as RBI extends NPA norms compliance date
New Delhi: Shares in the NBFC space have shown a healthy gains on Wednesday as the RBI provided an extension for the implementation of the new NPA rules. The RBI on Tuesday…
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CV sales growth to see double-digit drive next fiscal on infra thrust
New Delhi: The massive infra push is expected to keep commercial vehicle sales in double-digit during the next fiscal, rating agency Crisil said. Commercial vehicles sales volume is expected to grow 18-23…
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Rs 10 out of every Rs 100 saved by Indian household goes to LIC making it larger than SBI deposits
New Delhi: Nearly Rs 10 out of every Rs 100 saved by the Indian household each year goes to LIC, making it larger than even the perceived staple of household savings —…
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Bengaluru Airport gets PEER platinum certification
Bengaluru: Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport (BLR Airport) has been awarded the prestigious PEER (Performance Excellence in Electricity Renewal) platinum certification by Green Building Certification Inc. (GBCI),…