Business news
- Business
Gujarat 1st state to get Jio True 5G across all districts
Mumbai: Reliance Jio on Friday said Gujarat has become the first state to get ‘True 5G’ in each of the 33 district headquarters. With this, Jio ‘True 5G’ is now present in…
- Business
US consumers spend $11 bn more online for domestic flights this year
San Francisco: The US consumers have spent $11 billion more online for domestic flights this year, compared to pre-pandemic levels, a report showed on Friday. Domestic flight bookings so far this year…
- Business
Musk shuts Brussels office, EU regulators raise eyebrows
San Francisco: Elon Musk-owned Twitter has shut down its office in Brussels in the European Union (EU), a move that has not gone well with the local regulators. According to The Financial…
- Business
853 tech firms lay off over 137,492 workers globally, more job cuts coming
New Delhi: As more and more companies across the spectrum sack employees amid the global meltdown, at least 853 tech companies worldwide have laid off about 137,492 employees to date, and the…
- Business
SBI warns customers against instant loan apps
New Delhi: The country’s largest lender, State Bank of India (SBI) has warned customers against instant loan apps and even suggested measures to safeguard against the menace. “Please refrain from clicking on…
- News
Milk prices hiked in Kerala by Rs 6 per litre
Thiruvananthapuram: The Kerala Co-operative Milk Marketing Federation, or Milma, on Thursday announced its decision to hike prices of milk by Rs 6 per litre which will come into effect from December 1.…
- Business
Coal production rose 18% to 448 million tonnes in Oct
New Delhi: Total coal production stood at 448 million tonnes in October this year which is 18 per cent higher than that of the corresponding period of 2021. The growth of dry…
- Technology
Amazon to shut edtech service Academy’s operations in India from Aug 2023
New Delhi: Amazon on Thursday said it is shuttering its edtech offering called Amazon Academy’s operations in India starting from August 2023, and will refund the full fee to those enrolled in…
- Business
Tata Consumer to acquire Bisleri for around Rs 7,000 crore: Report
New Delhi: Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estimated Rs 6,000-7,000 crore, The Economic Times reported. The current management will continue for two years…
- Business
State government responsible for protecting mining reserves: Prahlad Joshi
Kolkata: It is the responsibility of the state government concerned to protect the mining reserves, including coal reserves, in the state, Union coal minister Prahlad Joshi said in the industrial township of…
- Business
Former FTX CEO has no stake in Twitter as a private company: Musk
San Francisco: Elon Musk on Thursday said that Sam Bankman-Fried (SBF), former CEO of bankrupt crypto exchange FTX, does not have any share in Twitter as a private company. Semafor publication first…
- Business
UP ministers ready to cross shores for Global Investors’ Summit
Lucknow: Uttar Pradesh ministers will travel to 19 cities across 17 countries between December 9 and 19, ahead of the Global Investors’ Summit (GIS) scheduled early next year. The road shows will…
- Business
India among fastest growing economies in Asia amid global slowdown: OECD
London: India, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock…
- Business
Zomato plans to lay off three per cent of its workforce
Bengaluru: Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per cent of its workforce on account of cost-cutting efforts and to turn profitable. The…
- Business
India to be world’s 2nd largest economy by 2050: Gautam Adani
Mumbai: Asia’s richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion-dollar economy, will add an equivalent sum to GDP every 12-18 months and will be…
