Business

Samsung Galaxy S23 Series starts from Rs 74,999 in India

New Delhi: Samsung on Thursday announced the launch of its Galaxy S23 series at a starting price of Rs 74,999 in India. The Galaxy S23 series comes in three variants — S23,…
OpenAI launches ChatGPT Plus for $20 a month with more features

New Delhi: Microsoft-owned OpenAI has launched its paid subscription plan for ChatGPT, its text-generating AI that can write like humans. The new subscription plan, ChatGPT Plus, will be available for $20 a…

Samsung’s new PC lineup features ‘AI Noise Canceling’, ‘Studio Mode’

San Francisco: Samsung has introduced its latest flagship PC lineup ‘Galaxy Book3’ which features ‘AI Noise Canceling’ to clearly capture user’s voice and reduce background noise, and ‘Studio Mode’ which offers improved…
Meta surprises analysts with good results, $40 bn stock buyback

San Francisco: Meta (formerly Facebook) has surprised the market analysts with posting better-than-expected results for its quarter that ended December 31, 2022, and announcing a $40 billion stock buyback. The company reported…
Adani Enterprises calls off fully subscribed FPO; money to be returned to investors

New Delhi: Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. The announcement came a…
PM thumps desk 124 times during Sitharaman’s shortest-ever budget speech

New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday delivered her shortest-ever Budget speech of 86 minutes. This was her fifth budget speech. Her budget speech in 2022 ended in about 92…
Centre to clarify taxation on online gaming, proposes removal of minimum TDS

New Delhi: In good news for online gamers, the government on Wednesday proposed to remove the minimum threshold for TDS and clarify taxability relating to online gaming. Currently, 18 per cent tax…

Meta working on new version of its halted smartwatch

San Francisco: Meta is reportedly working on a new version of its previously cancelled smartwatch. The information was shared by the tipster Kuba Wojciechowski on Tuesday, who claimed that the new version…
Tesla reveals loss of $204 mn from Bitcoin investments in 2022

San Francisco: Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. In a filing with the US Securities and Exchange Commission…
Department of Space to get Rs 12,543.91 crore for FY24

New Delhi: The government has proposed an allocation of Rs 12,543.91 crore to the Department of Space for year 2023-24. The allocation is for the Department of Space and other organizations under…
Amazon job cuts hit staffers in grocery, robotics, payments, AWS divisions

San Francisco: Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, including AWS, healthcare, payments, real estate, and…
Union Cabinet meeting begins ahead of Budget presentation

New Delhi: The Union Cabinet meeting chaired by Prime Minister Narendra Modi began here on Wednesday. The meeting comes ahead of the Budget 2023-24 which will be tabled by Finance Minister Nirmala…
Telangana logged highest inflation in FY23: Economic Survey

Hyderabad: Telangana has the highest inflation rate in the country, revealed the Economic Survey 2022-23 tabled in the Parliament on Tuesday by Finance Minister Nirmala Sitharaman. According to the report, Telangana has…
MGNREGS work demand back to pre-pandemic level: Economic Survey

New Delhi: The work demand under the MGNREGS hovered around the pre-pandemic level between July to November 2022, the Economic Survey released on Tuesday said, attributing it to the “normalisation of the…
Adani Enterprises FPO fully subscribed, 4.62 crore shares sought

New Delhi: The Rs 20,000 crore share sale of Adani group’s flagship firm was fully subscribed on Tuesday after non-retail investors bid in big volumes, according to stock exchange data. As many as…