Business
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EaseMyTrip logs Rs 15 crore in net loss in Q4, revenue surges 41 pc
New Delhi: Online travel company EaseMyTrip on Friday reported a net loss of Rs 15 crore in the January-March quarter of the last fiscal year (FY24), as against a profit of Rs…
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Gaming firm Nazara logs Rs 17 crore in net profit in Q4, revenue drops 8 pc
New Delhi: Gaming and sports media platform Nazara Technologies on Saturday announced net profit from its continued operations at Rs 17.1 crore in the January-March quarter of FY24, up 43.6 per cent…
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WhatsApp exports your user data every night: Elon Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Saturday slammed Meta-owned WhatsApp for allegedly exporting users’ data every night. An X user posted that WhatsApp exports user data nightly, which is…
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Google infuses $350 million in Walmart-owned Flipkart
New Delhi: As the Indian e-commerce space heats up with a spurt in the digital economy, Google has invested nearly $350 million in Walmart-owned Flipkart, taking the homegrown company’s valuation at nearly…
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Startups fight digital fraud with deepfake detection tools: Report
New Delhi: Innovations like deepfake detection tools by several startups such as OpenAI, Sensity AI, and others are enhancing the detection of manipulated content and enabling more secure digital environments, a new…
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80 pc of Indian firms planning to invest in GenAI within next 1 to 2 yrs: Report
New Delhi: With generative artificial intelligence (GenAI) emerging as a top-of-mind priority for businesses, over 80 per cent of Indian enterprises are planning to invest in GenAI within the next 1–2 years,…
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Mamaearth’s parent firm Honasa logs Rs 30 crore PAT in Jan-March quarter
New Delhi: Honasa Consumer Ltd, the parent company of Ghazal Alagh and Varun Alagh-led Mamaearth, on Thursday reported quarterly profit after tax (PAT) at Rs 30 crore for the January-March quarter this…
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UPI integration spurs growth in RuPay credit cards: Report
New Delhi: With 75 per cent of all ‘Credit Cards (CC) on UPI’ transactions happening at small merchants, a new report on Thursday said that UPI (Unified Payments Interface) integration has fuelled…
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Smooth progress in testing latest HBM chips: Samsung
Seoul: Samsung, the world’s largest memory chipmaker, said on Friday that the testing process of its latest high-bandwidth memory (HBM) chips is proceeding smoothly in cooperation with its customers. Currently, Korean chip…
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X platform now has 600 million monthly active users: Musk
New Delhi: Tesla CEO Elon Musk on Friday said that his X social media platform has reached 600 million monthly active users (MAUs). Musk, who acquired the platform in 2022 for $44…
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Samsung to hold ‘Galaxy Unpacked’ in July in Paris: Report
Seoul: Samsung Electronics is expected to hold the summer edition of its ‘Galaxy Unpacked’ event next month in Paris, the host of the upcoming Olympic Games, industry sources said on Friday. The…
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India only country to register rise in steel production in April
New Delhi: India is the only country among the world’s top steel-producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel…
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Shares of Adani Group’s listed firms see sharp rally, Adani Enterprises surges 8 pc
New Delhi: The Adani Group companies’ stocks saw great momentum on Thursday as the Indian indices went through a sharp rally, with the flagship Adani Enterprises jumping 8 per cent to emerge…
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IndiGo to introduce business class in flights this year
New Delhi: The country’s largest airline IndiGo, on Thursday, May 23, said it will introduce business class in the flights on the busiest routes this year. Details on the product, offering launch…
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Sensex, Nifty hit all-time peaks after RBI’s highest-ever dividend announcement
Mumbai: Benchmark equity indices rallied on Thursday, with the Sensex and Nifty hitting their lifetime peaks, after the RBI approved the highest-ever dividend of Rs 2.11 lakh crore to the government and…