Business news
- India
OYO trims 10% of its workforce, is letting go of 600 employees
New Delhi: Hospitality major and IPO-bound OYO on Saturday said it is downsizing 10 per cent of its 3,700-strong workforce, laying off 600 employees while hiring 250 fresh members in the team.…
- Business
TN power utility to float tender for installation of smart meters
Chennai: Tamil Nadu Generation and Distribution Company (Tangedco), the power utility of the state would soon be floating tenders for the installation of smart meters across the state. Sources in Tangedco told…
- Technology
Flipkart joins Polygon to launch metaverse use cases in e-commerce space
Bengaluru: Flipkart on Friday partnered Ethereum-based Blockchain platform Polygon to set up a centre of excellence (CoE) that will work on research and development of Web3 and metaverse commerce use-cases in India.…
- Technology
Homegrown smart TV brands capture record 22% market share in India
New Delhi: Indias smart TV shipments grew 38 per cent (on-year) in the third quarter (Q3) and the share of homegrown brands showed the fastest growth to register a record 22 per…
- Business
TN allocates Rs 2,339 cr as farm insurance subsidy
Chennai: The Tamil Nadu agriculture department has allocated Rs 2,399 crore for crop insurance subsidy to the farmers in case of a natural disaster and has requested the farmers to enroll in…
- Technology
Apple CEO ignores questions on protests in China
Washington: Apple CEO Tim Cook has ignored questions on violent protests in China which have hampered iPhone production at its key suppliers’ factories in the country. Fox Business asked Cook several questions…
- Business
Yogi first UP CM to attend World Economic Forum meet in Davos
Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath will be travelling to Davos city in Switzerland in January to attend the World Economic Forum (WEF) meet. Yogi Adityanath will be the first chief…
- India
Robust benchmarks critical for stability of the financial system: RBI Deputy Governor
Mumbai: RBI Deputy Governor T Rabi Sankar has talked about the reforms undertaken in financial benchmark administration in India as the country stands in the final stages of transition away from LIBOR…
- Business
NDTV scrip hits upper limit after change of guard at promoter company
Chennai: The shares of television channel company New Delhi Television Ltd (NDTV) on Wednesday hit the upper circuit at the bourses with the change of guard at the promoter’s holding company RRPR…
- Business
BJP claims better performance than UPA govt in economic domain
New Delhi: The political tussle between Congress and BJP has intensified with respect to the ‘politics of performance’. While Congress is constantly trying to put the Modi government in the dock regarding…
- Business
Cashify to open 250 physical stores by March 2023
New Delhi: Re-commerce marketplace Cashify on Wednesday announced to launch 250 physical stores by March next year, with an aim to reach 120 per cent annual growth. The company aims to expand…
- Technology
Musk starts reinstating 62K suspended Twitter accounts as ‘Big Bang’ process
New Delhi: Elon Musk has started reinstating nearly 62,000 suspended Twitter accounts with more than 10,000 followers, including one account that has over 5 million followers and 75 accounts with over 1…
- Technology
Worldwide sales of heat pumps set to soar to record levels: IEA
New Delhi: Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency (IEA) said…
- Business
Markets welcome Adani group gaining substantial stake in NDTV
Chennai: The stock market was upbeat on Tuesday after the Adani group acquired 99.5 per cent holding in RRPR Holding Private Ltd, the promoter group vehicle of news media company New Delhi…
- Business
RBI’s pilot project on digital rupee to be launched on Dec 1
New Delhi: The Reserve Bank of India’s (RBI) first pilot project for retail digital Rupee (ea,-R) would be launched on December 1, 2022. The pilot would cover select locations in closed user…
