Business news
- Business
Rupee strengthens slightly, stocks steady as inflation moderates
New Delhi: Indian stocks traded largely steady with positive bias on Tuesday morning as data showed retail and wholesale inflation in the country somewhat moderated last month. Retail inflation moderated to a…
- World
Onus of creating new world order on us, PM tells world leaders at G20 summit
New Delhi: Prime Minister Narendra Modi on Tuesday underlined the need to ensure collective peace, harmony and security in the world. Addressing the G20 summit in Bali, which got underway ealier in…
- Business
RBI imposes penalties on nine cooperative banks for violating compliances
New Delhi: The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non compliances of laid down guidelines. These banks are The Berhampur…
- Business
Bezos says will donate most of his $124 bn fortune in his lifetime
San Francisco: Amazon founder Jeff Bezos has announced plans to donate most of his $124 billion fortune during his lifetime, at a time when the e-commerce giant is reportedly set to lay…
- Business
Amazon plans to lay off 10,000 of its workforce: Report
San Francisco: Amazon is reportedly planning to lay off approximately 10,000 of its workforce in corporate and technology roles beginning this week, a media reported. According to The New York Times, the…
- Technology
Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange
San Francisco: Crypto.com has admitted that it mistakenly sent over $400 million in Ethereum digital coins to another crypto exchange called Gate.io. Crypto.com CEO Kris Marszalek said in a tweet that the…
- Technology
Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
- Business
PM launches slew of development projects in Vizag
Visakhapatnam: Prime Minister Narendra Modi on Saturday inaugurated or laid foundation stones for seven development projects worth Rs 10,742 crore. At a public meeting held at Andhra University Engineering College in Visakhapatnam,…
- Business
India centre point of world’s hopes: PM Modi
Visakhapatnam: Prime Minister Narendra Modi said on Saturday that India has become the centre point of the world’s hopes in the current challenging times for the global economy. He claimed that at…
- Business
Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
- Technology
Musk puts Twitter at risk of ‘billions in fines’ as more top execs quit
San Francisco: Elon Musk has put Twitter at risk of billions of dollars in fines, a company lawyer has warned, as chief privacy officer Damien Kieran, chief information security officer Lea Kissner,…
- Technology
I will remove all legacy Blue badges in coming months: Musk
New Delhi: Elon Musk on Friday said that there are too many corrupt and fake legacy Blue “verification” checkmarks on Twitter and he is going to remove all of them in the…
- Business
AMD is committed to India, I was there six weeks ago: Lisa Su
San Francisco: Lisa Su, President and CEO of the $23 billion Advanced Micro Devices (AMD), told IANS here that Indian engineers have done substantial work on the new Epyc fourth generation technology…
- Business
Crypto exchange Coinbase to lay off more employees amid FTX saga
San Francisco: Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse,…
- Business
Zomato narrows net loss to Rs 251 cr, crosses USD 1 bn in annualised revenue
New Delhi: Online food delivery platform Zomato on Thursday said that its consolidated net loss decreased to Rs 251 crore for the September quarter, against Rs 430 crore in net loss in…
