Business
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Meta likely to lay off thousands of employees, says leaked memo
New Delhi: Tech giant Meta is expected to lay off around 3,000 employees, which is about 5 percent of its total workforce, as per a leaked internal memo, reports said on Sunday,…
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Market Outlook: Delhi polls’ outcome, Q3 earnings, inflation data set to drive D-Street action
Mumbai: The market outlook for the next week of February will be guided by key factors like Delhi polls outcome, inflation data and Q3 earnings. The announcement of the Delhi Assembly election…
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Rajnath Singh, Rahul Gandhi expected at Invest inaugural event in Bengaluru
Bengaluru: Karnataka Medium and Large Industries Minister M.B. Patil on Saturday announced that Defence Minister Rajnath Singh and the Leader of the Opposition in the Lok Sabha Rahul Gandhi are among the…
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Hyderabad: HYDRAA saves 15 acres of Tukkuguda lake from encroachment
Hyderabad: The sleuths of Hyderabad Disaster Response Assets Monitoring and Protection Agency (HYDRAA) demolished boundary walls constructed by encroachers at Suram Cheruvu (Suroni Cheruvu) in Tukkuguda municipality of Rangareddy district on Saturday,…
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Tata Motors unveils registered vehicle scrapping facility in Guwahati
Guwahati: Tata Motors on Saturday launched its registered vehicle scrapping facility (RVSF) here that has the capacity to safely dismantle up to 15,000 end-of-life vehicles annually, using sustainable and environmentally conscious processes.…
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Fiscal, monetary policies are working in tandem to boost economic growth: FM Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday said that the government’s monetary and fiscal policies are working in tandem and would further benefit the growing economy with the robust Budget…
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Swiggy’s shares tank for 4th straight day, slip below IPO price
Mumbai: Following a decline for the fourth consecutive day, shares of online food aggregator Swiggy on Friday slipped below its initial public offering (IPO) issue price of Rs 390. According to market…
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Rate cut to spur residential demand, lower home loan rates: Industry
New Delhi: The real estate industry on Friday welcomed the much-awaited benchmark rate cut of 25bps by the Reserve Bank of India (RBI), saying lowered interest rates will further nudge homebuyers to…
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Banks to have ‘bank.in’ internet domain name, non-banks ‘fin.in’: RBI
Mumbai: In order to check cyber security threats, the Reserve Bank on Friday decided that Indian banks will have exclusive internet domain name ‘bank.in’ and non-bank financial entities ‘fin.in’. Unveiling the last…
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Hyundai to suspend Ioniq 5, Kona Electric production amid slowing EV demand
Seoul: Hyundai Motor will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources on Friday. According…
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Internet major Naver’s Q4 net income up 48.8 pc on robust sales
Seoul: Naver Corp, South Korea’s leading internet portal operator, said on Friday its fourth-quarter net profit jumped nearly 50 percent from a year earlier thanks to robust sales from its search and…
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Stock market trades flat ahead of key RBI MPC rate cut decision
Mumbai: The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting to announce its decision…
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Hyderabad: 3-day workshop on horticulture to begin at Hitex on Friday
Hyderabad: A three-day “Workshop on Innovative Technologies in Horticulture Crops Production and Value Addition” is being organized as part of the ‘Kisan Agri Show’ at HITEX in Hyderabad from February 7-9. The…
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Zomato to trade as ‘Eternal’ on stock exchanges
New Delhi: Food-tech giant Zomato on Thursday officially changed the company’s name to Eternal, following an approval from its board. In a stock exchange filing, the online food aggregator said that when…
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DeepSeek banned in USA, illegal users could be fined, jailed
Texas state in the United States of America has banned the Chinese AI app DeepSeek, days after the AI model challenged leading American AI models. Texas Governor Greg Abbott, issued the ban…
