Business
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Crypto exchange FTX files for bankruptcy, CEO Sam Bankman-Fried resigns
San Francisco: The beleaguered crypto exchange FTX on Friday announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role. John…
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PM launches slew of development projects in Vizag
Visakhapatnam: Prime Minister Narendra Modi on Saturday inaugurated or laid foundation stones for seven development projects worth Rs 10,742 crore. At a public meeting held at Andhra University Engineering College in Visakhapatnam,…
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India centre point of world’s hopes: PM Modi
Visakhapatnam: Prime Minister Narendra Modi said on Saturday that India has become the centre point of the world’s hopes in the current challenging times for the global economy. He claimed that at…
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Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
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Ashok Leyland posts Rs 199 crore PAT for Q2
Chennai: Commercial vehicle major Ashok Leyland Ltd closed Q2FY23 with a net profit of Rs 199.31 crore. The company said its operational revenue for the period under review was Rs 8,233.44 crore…
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Rupee gains 62 paise to close at 80.78 against USD
Mumbai: The rupee appreciated by 62 paise to close at 80.78 against the US dollar on Friday, as moderating US inflation data coupled with a fall in the dollar index boosted investor…
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Sensex rallies 1,181 points to close at lifetime high
Mumbai: Equity benchmark Sensex vaulted 1,181 points to close at its all-time high on Friday, in lockstep with a rally in global markets after lower-than-expected US inflation data fuelled hopes that the…
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Musk puts Twitter at risk of ‘billions in fines’ as more top execs quit
San Francisco: Elon Musk has put Twitter at risk of billions of dollars in fines, a company lawyer has warned, as chief privacy officer Damien Kieran, chief information security officer Lea Kissner,…
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I will remove all legacy Blue badges in coming months: Musk
New Delhi: Elon Musk on Friday said that there are too many corrupt and fake legacy Blue “verification” checkmarks on Twitter and he is going to remove all of them in the…
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AMD is committed to India, I was there six weeks ago: Lisa Su
San Francisco: Lisa Su, President and CEO of the $23 billion Advanced Micro Devices (AMD), told IANS here that Indian engineers have done substantial work on the new Epyc fourth generation technology…
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Crypto exchange Coinbase to lay off more employees amid FTX saga
San Francisco: Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse,…
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Zomato narrows net loss to Rs 251 cr, crosses USD 1 bn in annualised revenue
New Delhi: Online food delivery platform Zomato on Thursday said that its consolidated net loss decreased to Rs 251 crore for the September quarter, against Rs 430 crore in net loss in…
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Double engine govt must for growth: Sitharaman
Shimla: Union Finance Minister Nirmala Sitharaman on Thursday said the double engine government is must in the state for the overall development. She told the media here that the Himachal Pradesh government…
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Global stocks decline ahead of US inflation update
Beijing: Global stock markets fell on Thursday ahead of a US inflation update that will likely influence Federal Reserve plans for more interest rate hikes as investors waited to see who will…
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Twitter will add granular details to verified badges: Musk
New Delhi: Elon Musk on Thursday said that Twitter has rolled out the new verified Blue subscription service for $8 on iOS in a few countries and will soon add “granularities” to…
