Business
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Centre pulls up edtech firms for mis-selling courses to parents, IEC responds
New Delhi: After the Centre took serious note of mis-selling of courses to parents by edtech firms including BYJU’s and its group companies, self-regulatory organisation India Edtech Consortium (IEC) on Saturday said…
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Sony completes $3.6 bn acquisition of game maker Bungie
New Delhi: Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie…
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Potential iPhone 14 demand continues to grow in China: Report
Beijing: Potential demand for the upcoming iPhone 14 and iPhone 14 Pro series is continuing to grow in China, says a new report. In a tweet, analyst Ming-Chi Kuo said that his…
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Tesla will lower price for cars if inflation calms down: Musk
San Francisco: Tesla CEO Elon Musk said that his electric vehicle company Tesla would pull down the prices of its car if the inflation calmed down. On the microblogging site Twitter, the…
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Indian-American Naureen Hassan named President of UBS Americas
New York: A prominent Indian-American finance executive, Naureen Hassan, has been appointed President of UBS Americas and CEO of UBS Americas Holding, according to the Switzerland-based financial giant. Currently, Hassan is the first…
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Rupee at life-time low to hit imports, overseas education, travel
New Delhi: The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that…
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LinkedIn co-founder defends Elon Musk against Trump
San Francisco: LinkedIn cofounder and executive chairman Reid Hoffman has supported tech billionaire Elon Musk over his war of words against former US President Donald Trump. Hoffman shared his thoughts about the…
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IT spending in India to reach $112 bn in 2022 amid global uncertainties
Mumbai: The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7 per cent from last year, a Gartner reports said on Friday. Global economic uncertainty continues to…
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realme to democratize power of 5G across products, beyond smartphones
New Delhi: 5G, one of the most anticipated technology marvels in recent times, is almost at the threshold of deployment in India. The government of India has recently approved 5G spectrum auctions,…
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Non-game apps now dominate Apple App Store for 1st time
San Francisco: As global downloads on games and non-games apps reached 35 billion in the second quarter this year, the spending on apps has overtaken games on Apple App Store for the…
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Xiaomi India elevates COO Muralikrishnan as President
Bengaluru: Global tech company Xiaomi India on Friday announced to elevate Muralikrishnan B as President of its India operations, effective from August 1. Muralikrishnan will be responsible for day-to-day operations, services, public…
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Rupee gains 7 paise to 79.92 against US dollar in early trade
Mumbai: The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm trend in domestic equities and fresh foreign fund inflows strengthened investor sentiment. However,…
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Hyundai Ioniq 6 EV offers 610 kms in single charge, pips Tesla Model 3
New Delhi: Hyundai Motor on Thursday launched its Extended Range all-electric Ioniq 6 that delivers 610 kms on a fully charged battery — a range that is better than the Long-Range Tesla…
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Rupee edges closer to 80-mark, slides 18 paise to 79.99 vs dollar
Mumbai: The rupee edged closer to the historic low of 80-mark against the US currency on Thursday as it declined by a little over 18 paise to settle at 79.9975 amid a…













