Business news
- Business
Sensex rebounds 377 pts, Nifty closes above 17,850 as RBI slows down rate hike
Mumbai: Benchmark Sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes…
- News
Bharti Airtel Q3 net profit surges 92 pc to Rs 1,588 crore
Delhi: Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive…
- Technology
Jio True 5G now available in 236 cities, fastest telco to achieve the feat
New Delhi: Reliance Jio on Tuesday said that its True 5G services have gone live in 236 cities, thus becoming the first and only telecom operator to reach such a wide network…
- Business
India’s economy already 10% more energy efficient than G20 average: IEA
New Delhi: India’s economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than…
- Technology
WhatsApp rolls out ability to create avatars on iOS
New Delhi: Meta-owned messaging platform WhatsApp, in its latest update to iOS, has rolled out the ability to create personalized avatars and use them as stickers and profile pictures. Some users may…
- Technology
Technology sector cuts most jobs in January in US: Report
San Francisco: Led by the technology sector, US-based employers announced 102,943 cuts in January, a massive 136 percent increase from the 43,651 cuts announced in December, a new report has said. It…
- Business
NSE, BSE put 3 Adani Group companies under short-term additional surveillance measure
New Delhi: As many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available…
- Business
BYJU’s slashes around 15% roles, mostly in engineering, as phased layoffs on
New Delhi: Edtech major BYJU has laid off a further 15 percent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic…
- Business
Adani Group has not pledged shares of Ambuja Cements and ACC Ltd
Chennai: The promoters of cement makers Ambuja Cement Ltd and ACC Ltd – Adani Group – have not pledged their shares in the two companies, the group said. “We would like to…
- Business
Union Budget to usher in new era of growth and development for J&K, says BJP leader
Srinagar: Bharatiya Janata Party national general secretary Tarun Chugh on Thursday hailed the Union budget as a historic step for the development of J&K Union Territory. In a statement, Chugh said the…
- Business
Tea sector unhappy over total negligence in Union Budget
Kolkata: As Union Finance Minister Nirmala Sitharaman remained totally silent about the tea industry in her Budget speech, the sector operators are frustrated and the observers of the industry are surprised. According…
- India
Adani Enterprises calls off fully subscribed FPO; money to be returned to investors
New Delhi: Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. The announcement came a…
- India
Department of Space to get Rs 12,543.91 crore for FY24
New Delhi: The government has proposed an allocation of Rs 12,543.91 crore to the Department of Space for year 2023-24. The allocation is for the Department of Space and other organizations under…
- Business
Union Cabinet meeting begins ahead of Budget presentation
New Delhi: The Union Cabinet meeting chaired by Prime Minister Narendra Modi began here on Wednesday. The meeting comes ahead of the Budget 2023-24 which will be tabled by Finance Minister Nirmala…