Business
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Google to face lawsuit over Chrome’s data collection: US court
San Francisco: Tech giant Google will face a class-action lawsuit in the US over alleged data collection via Chrome browser without users’ consent, a court here has ruled. A federal appeals court…
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July salary not paid to staff due to SC order, says Byju’s Raveendran
New Delhi: Edtech firm Think and Learn, which owns Byju’s brand, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary…
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Ikea piloting same-day delivery service in Hyderabad
New Delhi: Swedish furniture retailer Ikea said on Tuesday, August 20, that it is piloting same-day delivery in Hyderabad and has plans to scale it up across all its markets in the coming…
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India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year
New Delhi: India added 7.3 crore internet subscribers and 7.8 crore broadband subscribers in one year as the number of telephone subscribers reached 119.9 crore in the country, the Centre informed on…
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India a bright spot, to remain fastest-growing major economy this year: Report
Mumbai: Despite global macro-economic conditions, India continues to remain a bright spot and is expected to be the fastest-growing major economy this year, a report showed on Tuesday. The country has become…
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India records 26 pc jump in FDI flows in first quarter
Mumbai: The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to…
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Zomato sees block deal worth Rs 5,438 crore for 21 crore shares
Mumbai: Online food delivery platform Zomato saw a block deal on Tuesday where 21 crore shares (around 2.4 per cent equity) worth Rs 5,438.5 crore changed hands. The block deal, likely by…
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Exports reviving as lever of India’s growth: RBI
Mumbai: There are signs of a revival of net exports as a lever of India’s growth as after the contraction in 2023- 24, outbound shipments from the country are undergoing an expansion…
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Will remove AI-generated food images: Zomato CEO after complaints
New Delhi: After several customers complained about artificial intelligence- (AI) generated food and dish images on Zomato, CEO Deepinder Goyal on Sunday announced plans to remove such pictures from the platform. The…
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Cognizant clarifies on entry-level salaries for freshers after criticism
New Delhi: After facing backlash on the social media platforms for offering low salaries for freshers, IT company Cognizant on Sunday clarified that this is not the case. The backlash erupted over…
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Adani Portfolio clocks 50 pc surge in net profit Q1
Ahmedabad: Led by emerging businesses, including solar and wind manufacturing as well as airports and roads, the Adani Portfolio’s net profit soared 50.1 per cent to Rs 10,279 crore (year-on-year) in the…
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Sensex trades higher on positive global cues
Mumbai: Indian equity benchmarks opened in the green on Monday, following positive sentiments in global markets. At 9:40 a.m., Sensex was up 200 points or 0.25 per cent at 80,636 and Nifty…
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Israel sees sharp decline in GDP growth in Q2
Jerusalem: Growth figures issued on Sunday by Israel’s Central Bureau of Statistics indicated a deep fall in the state’s economy following a sharp rise in the first quarter. Israel’s GDP rose in…
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Stock market outlook: PMI, FII data key factors to watch next week
Mumbai: Indian benchmark indices Nifty and Sensex ended the week with gains after two consecutive weeks of losses. Last week, both Sensex and Nifty posted gains of 0.91 per cent and 0.71…
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Market Wrap: Indian indices back in green after two-week fall
Mumbai: India equity indices ended with weekly gains after two consecutive weeks of losses. Both frontline indices Sensex and Nifty closed in the green led by tech stocks last week. On Friday,…