Business
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Global chip shortage set to ease despite China lockdowns
New Delhi: The global chip shortage, that plagued several industries like automotive and consumer electronics, is set to ease during the second half of the year despite lockdowns in China as demand-supply…
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Modify ads resembling Britannia’s Good Day biscuits, Delhi HC to Parle
New Delhi: The Delhi High Court has asked Parle Biscuits to modify two of its advertisements by blurring the image of cookies resembling Britannia’s Good Day butter cookies, granting relief to the…
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Equity indices settle high for second straight day
New Delhi: Indian equity benchmark indices settled in the green for the second consecutive day on Thursday due to buying at lower levels post the recent five session losses in a row.…
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Kia enters into India’s EV market; to bring EV6 to India
New Delhi: Carmaker Kia India on Thursday entered India’s EV market with ‘EV6’. The ‘EV6’ is the first BEV (battery electric vehicle) from Kia and was unveiled globally in March 2021. The…
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Musk’s Boring Company raises $675 mn to scale Loop projects
San Francisco: Tech billionaire Elon Musk’s Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion. Boring Company is Musk’s project to build underground…
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Tesla robots will be worth more than car business: Musk
San Francisco: Tesla CEO Elon Musk has predicted that robots will soon be worth more than the car business and even the FSD (full-self-driving) programme. At Tesla’s Texas gigafactory opening earlier this…
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Apple iPhone 13 still selling better than past cycles: Report
San Francisco: Tech giant Apple’s iPhone 13 is still selling better than past cycles, though demand for the iPhone SE is weaker than expected, says a report. According to AppleInsider, a JP…
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Gautam Adani promises Rs 10K cr investment in West Bengal
Kolkata: Adani Group will invest an amount of around Rs 10,000 crore in West Bengal in the next few years, according to the group chairman and founder, Gautam Adani. He made this…
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Rupee darts up 20 paise to 76.30 against US dollar
Mumbai: Snapping its four-day losing streak, the rupee appreciated by 20 paise to settle at 76.30 against the US dollar on Wednesday, tracking a weak greenback overseas and recovery in domestic equities.…
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BMW’s announces new electric 7 series luxury sedan
San Francisco: Luxury automobile manufacturer BMW on Wednesday announced a new electric 7 series luxury sedan — i7 xDrive60 — with an estimated range of “up to 300 miles”. The company said…
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Recent malware attack had no bearing on operations: Oil India
New Delhi: Giving a clarification about the recent cyber-attack in the company’s IT systems, Oil India said that a malware threat was noticed by the company’s officials and reported, but it did…
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Musk willing to boost personal Twitter investment to $15 bn: Report
San Francisco: Tech billionaire Elon Musk is reportedly willing to invest between $10 billion and $15 billion of his own cash to take the micro-blogging site Twitter private, media reports say. Musk,…
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Top 10 global tech CEOs’ bonuses soared 400% amid pandemic
San Francisco: The bonuses of CEOs at the top 10 tech companies soared a massive 400 per cent on average during the pandemic between 2020 and 2021, a new report showed on…
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Revenue collection up in Himachal by 19 pc despite pandemic
Shimla: The State Taxes and Excise Department on Tuesday said the revenue collection in 2021-22 under all heads was Rs 8,403.70 crore in Himachal Pradesh despite Covid-19, which is 19.30 per cent…
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India’s policy challenges to hinder net-zero progress, putting onus on private cos: Moody’s
New Delhi: India’s 2070 net-zero target and intermediate goals through 2030 present significant policy implementation challenges for the government, carving a more central role for private companies and investors to drive the…
