Business
-
Rupee slides 18 paise to close at all-time low of 79.03 against US dollar
Mumbai: Falling for the fourth session in a row, the rupee slid by 18 paise to close at a record low of 79.03 against the US dollar on Wednesday, weighed down by…
-
Curd, lassi, cheque books, ink among things to turn costlier
Chandigarh: Coming July 18, 18 per cent Goods and Services Tax (GST) will be applicable on bank cheque book/loose leaf cheques and 12 per cent on maps, atlas, and globes. Similarly, unbranded…
-
Mukesh Ambani’s daughter Isha may head Reliance Retail; Know RIL’s succession history
Mumbai: Reliance Industries Limited (RIL) chairman Mukesh Ambani official began implementing the succession plan on Tuesday by resigning as a director in Reliance Jio. The company’s board also appointed Akash Ambani as…
-
Bitcoin investor Roger Ver owns us $47 mn: CoinFlex CEO
San Francisco: Cryptocurrency exchange CoinFlex’s CEO Mark Lamb has revealed that early Bitcoin investor Roger Ver owns them $47 million and this is why the platform has frozen crypto withdrawals for its…
-
Indian rupee slips to 78.68 against US dollar
Chennai: The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against the US dollar on Tuesday. Further, foreign investors (FII) continued to…
-
Tata Motors to increase CV prices from July 1
Chennai: Come July 1, commercial vehicles of Tata Motors Ltd will turn costly as the company announced a price hike on Tuesday. According to Tata Motors from July 1, onwards there will…
-
Akash Ambani named new Chairman of Reliance Jio, father Mukesh resigns
Chennai: Mukesh Ambani has resigned as a Director in Reliance Jio Infocomm Limited with the company’s Board on Tuesday approving his elder son Akash Ambani’s appointment as the Chairman. In a regulatory filing,…
-
BYJU’s rejigs global team as part of expansion plan as edtech space shrinks
Bengaluru: Edtech major BYJU’s on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker (which it acquired for…
-
Tiger Global leads $25 mn fund-raise by India’s Battery Smart
New Delhi: EV battery-swapping provider Battery Smart on Monday said it has raised $25 million in its Series A round led by Tiger Global, along with participation from Blume Ventures and Orios…
-
LG Electronics advances into EV charging business
Seoul: LG Electronics said on Sunday it has acquired a domestic EV charging maker to advance into the EV charging solutions business amid a global electrification push. LG Electronics recently acquired a…
-
Ola shuts used car biz, winds up Q-commerce platform Ola Dash
New Delhi: Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into…
-
Tesla Enhanced Autopilot now available in US, China
San Francisco: Elon Musk-owned electric vehicle company Tesla’s Enhanced Autopilot is available in the US and China. According to Teslarati, in the US, Enhanced Autopilot costs $6,000. Meanwhile, in China, it costs…
-
Did Zomato buy Blinkit to offset its losses from online food delivery?
New Delhi: Online food delivery platform Zomato, which saw its stock tumbling below its IPO price as India reopened and retail food industry came back on track, had acquired quick-commerce grocery delivery…
-
Rupee settles at all-time low of 78.33 against US dollar
Mumbai: The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 against the US dollar amid growing concerns over aggressive monetary policy tightening by central banks and…
-
Zomato acquires 15-minute delivery platform Blinkit for Rs 4,447 cr
New Delhi: Online food delivery platform Zomato on Friday announced it had acquired quick-commerce platform Blinkit for Rs 4,447 crore (about $568 million) in an all-stock deal. Zomato already owned more than…
