Business news
- Business
BMW Group India sold 19,263 vehicles in 2022
Chennai: High end cars and motorcycle maker BMW Group India closed 2022 selling 19,263 vehicles. According to a statement issued by BMW India, a total of 11,981 cars (BMW and MINI) and…
- Business
IPO fundraising in India halves in 2022
New Delhi: Forty Indian corporates raised Rs 59,412 crore through main board IPOs in calendar year 2022, half of the Rs 1,18,723 crore (all-time high) mobilised by 63 IPOs in 2021, according…
- Technology
Tesla falls short of 50% growth goal in 2022 amid Musk’s growth goaldistraction
San Francisco: Elon Musk-run Tesla has missed its target of 50 per cent growth in production and deliveries for 2022, as its stock plummeted around 65 per cent amid Musk’s $44 billion…
- Business
Online gaming companies can’t bet on outcome of games: MoS IT
New Delhi: Betting on the outcome of games won’t be allowed by online gaming companies under the draft rules, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Monday. “As…
- India
Indian economy poised for further growth in 2023 despite global headwinds
New Delhi: The Indian economy recovered from the COVID-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and…
- Technology
Zomato co-founder Gunjan Patidar quits in another high-profile exit
New Delhi: Online food delivery platform Zomato’s co-founder and CTO Gunjan Patidar quit after more than 10 years, the company announced on Monday. This is the second high-profile exit at the company.…
- Business
Crucial meeting of Reliance Capital COC to be held on Tuesday
Mumbai: The Committee of Creditors (COC) of Reliance Capital is scheduled to meet on Tuesday to discuss the Resolution plans of the Torrent Group and Hinduja Group. The legal Advisors to the…
- Business
Data breach reported by Toyota Kirloskar Motor
New Delhi: A data breach has been reported by Toyota Kirloskar Motor on Sunday. The extent of the intrusion in its system is still being evaluated, according to the leading automotive player.…
- Business
GST revenues grow 15 pc to Rs 1.49 lakh cr in Dec
New Delhi: GST revenues rose by 15 per cent in December 2022 to over Rs 1.49 lakh crore, the Finance Ministry said on Sunday. “The gross GST revenue collected during December 2022…
- Business
The Bahamas seizes $3.5 bn in FTX digital assets as ex-CEO faces trial
San Francisco: The government in The Bahamas has seized $3.5 billion in FTX digital assets, as its former CEO Sam Bankman-Fried faces a trial in the US. The country’s Securities Commission took…
- Technology
5G service to be launched in Odisha by Jan 26: Vaishnaw
Bhubaneswar: Union Minister Ashwini Vaishnaw on Thursday said that 5G internet services will be rolled out in Odisha before January 26 next year. Vaishnaw was addressing a programme organised to lay the…
- Business
UP districts to hold investors’ summits
Lucknow: In a run up to the Global Investors’ Summit (GIS) scheduled to be held in February 2023, the Uttar Pradesh government has decided to organise investors’ summits in all 75 districts…
- Business
We are empowering Reliance with new leadership capital: Mukesh Ambani
New Delhi: Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL) said on Thursday that Reliance has begun implementing two important tasks of empowering young leadership and young talent. Speaking at…
- Business
RIL’s scorching growth in 20 years of Mukesh Ambani’s leadership
New Delhi: Mukesh Ambani took over as the Chairman and Managing Director of Reliance Industries Limited (RIL) after the demise of his father and Reliance founder, Dhirubhai Ambani on July 6, 2002.…
- Business
BharatPe stationed bouncers as my office, desktop broken into: Ashneer Grover
New Delhi: Ashneer Grover has claimed that as he proceeded on the so-called voluntary leave earlier this year amid the fierce BharatPe saga, his office and desktop had been broken into and…
