Business
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Hero MotoCorp shares decline 3 pc post Q4 earnings
New Delhi: Shares of Hero MotoCorp fell by 3 percent on Wednesday, a day after the company said its consolidated profit after tax declined by 30 percent in the fourth quarter ended…
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After sale to FB, WhatsApp is not what it used to be: Former CBO
Former Chief Business Officer Neeraj Arora of instant messaging application WhatsApp stated that the app today is only a shadow of the product the erstwhile employees worked on. Things dramatically changed, according…
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Arrest of Jack Ma erodes $27 bn from Alibaba’s share value
Beijing: The arrest of an individual with the last name ‘Ma’ in China left people in utter shock who dumped shares in Alibaba that eroded a massive $27 billion in its share…
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Apple now starts selling refurbished Watch Series 7
San Francisco: Apple has started selling refurbished versions of the Watch Series 7, the newest watch model, that was released in September 2021. According to a report by MacRumors, the pricing on…
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Amazon aims to log $20 bn worth exports from India by 2025
Bengaluru: E-commerce giant Amazon on Wednesday announced it now aims exports worth $20 billion from India by 2025, thus doubling its goal. In 2020, Amazon pledged to enable $10 billion in cumulative…
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Rate hike good for banking sector as risk getting re-priced: SBI report
New Delhi: The decision to hike policy rate will be ultimately good for the banking sector as the risk is getting re-priced properly, SBI’s Economic Research Department said in a report. “The…
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EV Expo 2022 to begin on May 6 in Bengaluru
Bengaluru: Karnataka Electric Vehicles-Manufacturers and Dealers Association (KEVMDA), in collaboration with Key Media, is organising a national-level electric vehicle (EV) exhibition ‘EV Expo 2022’ here from May 6-8. The expo is set…
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Ola Electric pips rivals, becomes top Indian e-scooter firm
New Delhi: Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter. According to the government’s Vahan…
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Apple’s global smartphone market share surges 20% in 1 year
San Francisco: Apple has registered 20 per cent growth in the global smartphone market from the first quarter of 2021 till the same period this year, a new report showed on Monday.…
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Hyundai, Kia report poor April sales amid chip shortage
Seoul: Hyundai Motor and its affiliate Kia said on Monday their vehicle sales continued to fall last month due to the impact of the global chip shortage on vehicle production. Hyundai Motor’s…
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Ashneer Grover says he’ll start his own venture sans investors
New Delhi: Ashneer Grover, co-founder and former Managing Director of fintech platform BharatPe, said that he is planning to start his own venture without seeking funds from the investors. Grover, who along…
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India gets its 100th unicorn in neobank platform Open
New Delhi: India on Monday welcomed its 100th unicorn, which is Bengaluru-based neobank platform Open, that raised fresh funds as part of its Series D round, taking its valuation to $1 billion.…
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Japanese gaming giant Nintendo expects 10% fewer sales
Beijing: Hit by semiconductor shortage amid the ongoing Shanghai lockdown, Japanese gaming giant Nintendo is reportedly looking at 10 per cent fewer sales in the current fiscal year. According to Nikkei Times,…