Business
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Google now monetising YouTube Shorts, early results encouraging
New Delhi: In the era of TikTok, Google-owned YouTube Shorts is catching up fast and the company has seen encouraging results in its early monetisating efforts on the short-video making platform. Philipp…
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Rupee falls 10 paise to 79.88 against US dollar in early trade
Mumbai: The rupee depreciated 10 paise to 79.88 against the US dollar in opening trade on Wednesday tracking the strength of the greenback in the overseas market and firm crude oil prices.…
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Audi to focus on electric vehicles from 2033: Official
Coimbatore: German luxury car maker Audi would be focusing only on electric vehicles by 2033 and would stop making cars run on international combustion engines (ICE), a top official said on Tuesday.…
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Sensex, Nifty slide nearly 1 pc on losses in IT, banking shares
Mumbai: Benchmark BSE Sensex and Nifty slid by nearly 1 per cent on Tuesday due to profit booking in IT, banking and FMCG shares ahead of the expected aggressive rate hike by…
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Cloud-based travel tech platform Spotnana raises $75 mn
New Delhi: Cloud-based travel technology provider Spotnana on Tuesday said it has raised $75 million in its Series B funding round led by Durable Capital Partners LP. Founded by Sarosh Waghmar and…
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Zomato must have acquired Swiggy than Blinkit to avoid bloodbath: Ashneer Grover
New Delhi: Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should have acquired its arch rival Swiggy than 10-minute grocery platform Blinkit to avoid the mayhem it…
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Jefferies hits ‘buy’ button on Zomato for long-term investors
New Delhi: As food delivery platform Zomato saw its stock tumbling to an all-time low, global brokerage and research firm Jefferies has said it is time to buy as the stock can…
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5G spectrum auction underway; Ambani, Adani among bidders
New Delhi: India’s first auction of 5G spectrum, that powers ultra-high data speeds, is currently underway with a total of 72 GHz (gigahertz) of radiowaves worth at least Rs 4.3 lakh crore up…
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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…