Business news
- Business
BharatPe CEO enjoying life with money I raised but fails to grow company: Ashneer
New Delhi: Despite Delhi High Court’s order to restrain from making defamatory statements against the company and its executives amid the ongoing Rs 88.6 crore fraud case, former BharatPe Co-founder and Managing…
- Business
B’desh asks banks to relax LC margin rate for essential food items
Dhaka: In the wake of soaring inflation, the central bank of Bangladesh has instructed all the commercial banks in the country to relax the opening margin rate for the settlement of Letters…
- Business
Reliance Jio joins OnePlus to bring ‘True 5G’ tech ecosystem to India
New Delhi: Reliance Jio on Monday collaborated with global technology brand OnePlus to bring in the evolutionary stand-alone 5G technology ecosystem in the country. As part of the collaboration, all the OnePlus…
- Business
Paytm lending business at annualised run rate of $4.8 bn
New Delhi: As the Indian digital payments and financial services leader Paytm continues to show strong growth, the company on Monday shared an exchange filing about its operating metrics for October and…
- Business
Google Home app shows ‘could not reach’ error
San Francisco: Google Home application is reportedly showing a “could not reach” error message to many users when they are adding smart home devices. As a result, the users are unable to…
- Business
China’s PC shipments fall 13% over weakening commercial demand
Bengaluru: The shipments of desktops, notebooks and workstations in China fell by 13 per cent in Q3 2022, while tablets were down 3 per cent (year-on-year), a new report has shown. According…
- Business
PM to inaugurate 1st phase of Mumbai-Nagpur Super Expressway on Sunday
Nagpur: Prime Minister Narendra Modi will inaugurate the Phase-I of the Mumbai-Nagpur Samruddhi Mahamarg (Super Communication Expressway) and take a tour of the new thoroughfare on Sunday, officials said here on Saturday.…
- Business
Elon Musk could lose world’s richest person title
London: Tesla has lost nearly half its market value since its founder, Elon Musk, bid for Twitter in April, reducing his net worth by about $70 billion and putting his title as…
- Business
Instant grocery delivery app Getir acquires rival Gorillas for $1.2 bn
London: Quick grocery delivery platform Getir has announced that it is acquiring its German rival platform Gorillas in a deal that has been reported to be around $1.2 billion. The Financial Times…
- Business
Low-code software platform Airtable lays off over 250 employees
San Francisco: Airtable, a low-code platform for building collaborative apps, has laid off more than 250 employees or 20 per cent of its workforce across business development, engineering and other teams. TechCrunch…
- Business
Ashneer takes a dig at media as BharatPe sues him, family for Rs 88.6 cr fraud
New Delhi: Ashneer Grover took a dig at the media saying that how long are they going to sell the same story about him, after the Delhi High Court issued notice and…
- Business
Over 2.15 lakh UDAN flights operated under RCS
New Delhi: A total of 453 routes have commenced, operationalising 70 airports, including two water aerodromes and nine heliports, under the government’s regional connectivity scheme (RCS). The Ministry of Civil Aviation launched…
- Business
Swiggy may lay off over 250 employees, firm says ‘exits based on performance’
New Delhi: After Zomato, Swiggy may lay off more than 250 employees or up to 5 per cent of its workforce starting this month. The online food delivery platform told IANS on…
- Technology
Twitter considering $11 for Blue service with verification for iPhone users
New Delhi: Elon Musk is going to raise the price of Twitter Blue subscription service with verification from $8 to $11 for iPhone users, keeping the 30 per cent cut that Apple…
- World
Musk briefly loses world’s richest man’s title to Bernard Arnault
San Francisco: Twitter owner Elon Musk briefly lost his position as the world’s richest man to Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH on Wednesday. According…
