Business
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China’s BYD gears up to topple Musk’s Tesla as world’s top EV maker
New Delhi: Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles…
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Sensex down more than 500 points
New Delhi: Equity benchmarks sank on Tuesday with selling emerging at higher levels. BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure. Ultratech Cement was down…
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Zomato hikes platform fee to Rs 4 across key cities after bumper NY Eve
New Delhi: Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets. The…
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From Zomato to Oyo, massive surge in orders, bookings on New Year’s Eve
New Delhi: Food delivery platforms like Zomato and Swiggy and quick commerce platforms like Blinkit and Zepto, along with hospitality major Oyo, saw highest-ever orders and bookings on the New Year’s Eve,…
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Foreign net purchases of Samsung Electronics reach all-time high
Seoul: Foreign investors’ net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors…
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We Founder Circle leads early-stage funding in Indian startups in 2023
New Delhi: Founders-led investment firm We Founder Circle (WFC) on Monday said it invested in 103 deals across 82 startups in 2023, thus becoming the largest angel investor network in the country.…
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Spotify users facing massive crashing issues on Android
San Francisco: Several users are facing issues with the Spotify app as it constantly crashes on Android when they try to open the app. According to 9to5Google, the latest beta update for…
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From Zomato to Oyo, massive surge in orders, bookings on New Year’s Eve
New Delhi: Food delivery platforms like Zomato and Swiggy and quick commerce platforms like Blinkit and Zepto, along with hospitality major Oyo, saw highest-ever orders and bookings on the New Year’s Eve,…
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Markets off to weak start on first day of trade of 2024
Mumbai: Equity benchmark indices declined in early trade on Monday, the first trading day of the New Year 2024, amid profit-taking after the recent sharp rally and lack of trends from global…
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Remarkable finish for US oil & gas sector with strong production figures for 2023
Washington: The US has produced more oil and natural gas than ever before even as government planners were trying a tectonic shift to other alternative greener sources of energy to adhere to…
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Zomato ‘war room’ handles order surge with over 3.2 lakh delivery boys
New Delhi: As food orders surged on New Year’s Eve, Zomato CEO Deepinder Goyal shared images of the “war room” at the company headquarters. Zomato executives and other team members were seen…
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Wall Street hits record high in 2023
New York: Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to grind the economy to a…
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Snapdeal logs Rs 388 cr revenue in FY23, reduces losses by 45%
New Delhi: E-commerce platform Snapdeal has registered Rs 388 crore in revenue in FY23, as it significantly reduced losses by 45 per cent to Rs 282 crore in the last financial year,…
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AI to touch every aspect of Indian tech industry in 2024: Top leaders
New Delhi: Leading Indian tech industry leaders said on Saturday that the coming year presents an exciting opportunity for purpose-driven organisations to better serve their communities as we advance in ways of…