Business

Reliance Jio, GSMA roll out initiative to train rural women in digital skills

Mumbai: Reliance Jio and global mobile network operators’ organisation GSMA on Tuesday announced the roll-out of their digital skills programme to train rural women in India. The programme aims to provide need-based…
Price and supply volatility: Addressing global energy security needs

Bengaluru: Prime Minister Narendra Modi inaugurated the India Energy Week (IEW) 2023 on Monday. Participants from different countries gathered to discuss topical energy issues. Rosneft Chief Executive Officer Igor Sechin also visited…

Hyderabad: ASPIRE invites applicants for start-up launcher program

Hyderabad: The ASPIRE at the University of Hyderabad (UoH) and Entrepreneur Zone–TEZ, a start-up kick starter have invited applications for the start-up launcher programme. According to a press release, the three months…
Indian startups raised $1.2 bn in Jan, PhonePe & KreditBee lead

New Delhi: Indian startups raised about $1.2 billion in January amid rough macroeconomic conditions and funding winter. According to data by Fintrackr, an arm of startup news portal Entrackr, growth-stage startups witnessed…
India’s economy already 10% more energy efficient than G20 average: IEA

New Delhi: India’s economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than…
WhatsApp rolls out ability to create avatars on iOS

New Delhi: Meta-owned messaging platform WhatsApp, in its latest update to iOS, has rolled out the ability to create personalized avatars and use them as stickers and profile pictures. Some users may…
Technology sector cuts most jobs in January in US: Report

San Francisco: Led by the technology sector, US-based employers announced 102,943 cuts in January, a massive 136 percent increase from the 43,651 cuts announced in December, a new report has said. It…

Axis Bank clarifies it remains comfortable with exposure to Adani Group

Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on…
Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case

San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
YouTube Music contract employees on strike over unfair labour practices

San Francisco: Dozens of third-party employees at YouTube Music, hired by Alphabet sub-contractor tech company Cognizant, have gone on strike over alleged unfair labour practices. According to a report in The Verge,…
Meta’s new headset to feature better MR tech: Zuckerberg

San Francisco: Meta Founder and CEO Mark Zuckerberg said that the new next-generation consumer headset which will be launched “later this year” will feature better mixed reality (MR) technology. “The Meta Reality…
Centre asks Vodafone Idea to convert Rs 16,000 dues into equity

Delhi: Financially-stressed telecom company Vodafone Idea said on Friday that the government has directed it to convert a portion of its dues worth Rs 16,000 crore it owes to the exchequer into…
Sitharaman briefs BJP MPs about key features of Union Budget

New Delhi: Finance Minister Nirmala Sitharaman on Friday briefed BJP MPs about key features of the Union Budget for 2023-24 and said it is an inclusive budget with benefits for the middle…
Rupee gains 12 paise against US dollar on rally in equities

New Delhi: The rupee appreciated 12 paise to close at 82.08 against the US currency on Friday, supported by a rebound in domestic equities and easing crude oil prices. However, corporate dollar…
SBI’s total exposure to Adani Group at Rs 27,000 cr; none against shares

Mumbai: SBI’s total exposure to the embattled Adani Group is 0.88 percent of the book or about Rs 27,000 crore, and the country’s largest lender does not envisage any setback on its…