Business
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Adani loses spot on list of top three richest persons in world
New Delhi: Adani Group’s chairman Gautam Adani who recently became the first Indian to enter the list of the top three richest persons in the world lost the spot today after his…
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JioPhone 5G price leak stirs controversy, research firm clarifies
New Delhi: Leading market research firm Counterpoint Research has refuted certain reports that used its findings to convey that Reliance Jio is set to launch the 5G version of its JioPhone Next…
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Kia to launch high-performance electric model EV6 GT next week
Seoul: Kia Corp, South Korea’s second-biggest carmaker, said on Thursday it will launch the pure electric high-performance model EV6 GT in the domestic market next week in a move to beef up…
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Meet 20-year-old Kevin who is world’s youngest billionaires
A 20-year-old German citizen Kevin David Lehmann is the world’s youngest billionaire with a net worth of $1.7 billion. He has received the stakes in the German drugstore chain dm (drogerie markt)…
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All-electric aircraft prototype takes off on its first flight in US
San Francisco: A prototype of an all-electric airplane, named Alice, took its first flight in central Washington state in the US this week. According to The Seattle Times, the plane took two…
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Centre authorises SBI to issue electoral bonds between Oct 1-10
New Delhi: The State Bank of India (SBI) has been authorised to issue and encash electoral bonds through its 29 branches between October 1-10. This would be the 22nd phase of sale…
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Rupee rises 35 paise to 81.58 against US dollar
Mumbai: The rupee appreciated 35 paise to 81.58 against the US dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the…
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Uber rival Lyft freezes all hirings amid economic instability
San Francisco: Ride-hailing platform Lyft has announced to freeze all hirings amid the economic instability and recession fears. The freeze affects all Lyft departments in the US and will last into next…
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Zomato says confident to make profit from inter-city food delivery
New Delhi: Online food aggregator Zomato on Wednesday said that its inter-city food delivery will start making profit even at “a slight scale” amid concerns of the service being a logistical nightmare…
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Virgin Atlantic updates gender identity policy, gives staff choice of uniform
New Delhi: Virgin Atlantic has launched its updated gender identity policy, giving its crew, pilots and ground team the option to choose which of the iconic uniforms, designed by Vivienne Westwood, best…
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Akash Ambani named to TIME100 NEXT list
New Delhi: Akash Ambani, Chairman, Jio has been named to the TIME100 NEXT — TIME’s list of the world’s rising stars. TIME100 Next highlights 100 emerging leaders who are shaping the future…
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Sensex skids for sixth day to close below 57k; metal, banking stocks tumble
Mumbai: BSE benchmark Sensex spiralled lower for the sixth consecutive session on Wednesday to finish below the 57,000-level, weighed by heavy selling in metal, banking and finance stocks amid a sell-off in…
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Essar Oil UK signs offtake agreement with Vertex Hydrogen
London: Essar Oil UK Limited (Essar) has announced that it has signed a Heads of Terms offtake agreement with Vertex Hydrogen (Vertex) for the supply of 280MW plus of hydrogen. The hydrogen…
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EV players welcome govt’s decision to defer stringent EV battery standards
New Delhi: Electric vehicle (EV) players on Wednesday welcomed the government’s decision to defer the implementation of stringent EV battery testing standards, saying it will help Indian battery makers redesign batteries and…
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Russia’s social network removed from App Store globally
Moscow: Apple has removed the iOS apps of VK, the technology conglomerate behind Russia’s version of Facebook — VKontakte — from its App Store globally. According to The Verge, VK said its…
