Business
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Adani Group market capitalisation exceeded $200 bn: Gautam Adani
Ahmedabad: Gautam Adani, Chairman, Adani Group, has said that the combined Group market capitalisation this year exceeded $200 billion. “We were able to raise billions of dollars from the international markets, a…
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Mahindra to ride on immersive Qualcomm tech for new Scorpio-N
New Delhi: Mahindra & Mahindra on Monday announced a collaboration with chip-maker Qualcomm to bring latest technology advancements for comfortable, safe and intelligent driving experiences in its all-new Scorpio-N vehicle. The chip-maker…
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Tesla reveals $170 mn loss from $1.5 bn Bitcoin investment
San Francisco: Elon Musk-run Tesla on Monday revealed it incurred $170 million loss from its Bitcoin investments in the first six months of the year. Tesla revealed last week that it has…
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Apple ships 1.2 mn iPhones in India in Q2, logs 94% growth
New Delhi: Continuing its growth in India driven by local manufacturing, Apple sold over 1.2 million iPhones in the country in the second quarter (Q2) this year, registering a massive 94 per…
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Markets fall in early trade dragged down by Reliance, weak global equities
Mumbai: Benchmark indices fell in early trade on Monday with the BSE Sensex declining over 255 points, largely dragged down by Reliance Industries and weak global equity markets. The 30-share BSE benchmark…
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Rupee rises 9 paise to 79.81 against US dollar in early trade
Mumbai: The rupee appreciated 9 paise to 79.81 against the US dollar in early trade on Monday, supported by the fall in crude oil prices. At the interbank foreign exchange, the rupee…
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Elon Musk had affair with Google co-founder Sergey Brin’s wife?
Washington: Tesla CEO Elon Musk landed in another controversy after a report in a newspaper alleged that he had an extramarital affair with Nicole Shanahan, the wife of billionaire Google co-founder Sergey…
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Multi bagger Dhruva Capital gains 205% in a month
New Delhi: Dhruva Capital stock has given 205 percent returns in the last month. The stock which was trading at Rs 7.54 on June 22 jumped by 205 percent in a month…
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IIT-K to aid startups engaged in health, agriculture domains
Kanpur: Startup Incubation and Innovation Centre, the technology business incubator at IIT Kanpur, is launching the NIRMAN Accelerator Programme, supported by the Department of Science and Technology, Government of India. According to a…
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Tata Group warns Port Talbot steelworks could close without subsidy deal
London: The owner of the UK’s biggest steelworks, Tata Group, has warned its sites could be shut without subsidies for reducing carbon emissions, reports claim, according to BBC. Tata Group wants to…
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Rumour mills agog as Spicejet sits over March-end results
New Delhi: Budget carrier SpiceJet with a fleet size of 95 planes reported a net profit of Rs 23.28 crore in the quarter ended December in FY2022. But industry sources said that…
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Indian short-video apps to reach 600 mn users by 2025
New Delhi: Indian short-form apps are expected to double their monthly active user base to 600 million (67 per cent of all smartphone users) by 2025 and have a monetisation opportunity of…
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ICICI Bank Q1 profit zooms 50% to Rs 6,905 cr
New Delhi: ICICI Bank on Saturday reported a 50 percent jump in net profit to Rs 6,905 crore in the first quarter of the current fiscal aided by a decline in bad…
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Top crypto exchange Blockchain.com cuts 25% of its workforce
New Delhi: Leading cryptocurrency exchange Blockchain.com has laid off 25 percent of its workforce, nearly 150 employees, amid the global economic meltdown. The digital assets trading firm said it will shut its…