Business news
- Technology
Ethereum’s dominance in crypto market up 20% after the ‘Merge’
New Delhi: The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the ‘Merge’, a report shpowed on Wednesday. The historic…
- Business
Govt receives dividends worth Rs 361 cr from PSUs
New Delhi: The government has received Rs 129 crore, Rs 76 crore and Rs 33 crore from SJVN, Antariksh Corporation of India and Manganese Ore (India) Ltd, respectively, as dividend tranches. Secretary…
- Technology
Apple gives Meta another jolt, puts 30% tax on ‘post boosting’ on App Store
San Francisco: Apple-Meta war over App Store has intensified with new updates that require iOS developers to give Apple 30 per cent cut on the sales of ‘boosts’ for posts in a…
- Technology
Spotify says Apple is destroying its audiobook store by ‘choking competition’
San Francisco: Leading music streaming platform Spotify has said that Apple is ruining its audiobook store by “choking competition”. Apple’s limitations are harmful to both creators and users, as it continues to…
- Technology
Microsoft’s net profits down 14% as PC sales decline
San Francisco: Microsoft has reported 14 per cent decrease in its net profit for its first quarter of 2023 (July-September period) while revenues went up 11 per cent amid global decline in…
- Technology
Alphabet’s net profit sinks 27% to $13.9 bn, revenue up 6%
San Francisco: Alphabet, Google’s parent company, has reported a net profit of $13.9 billion in the third quarter (Q3), down 27 per cent from a year earlier, while revenue increased 6 per…
- Business
Aadhaar usage records growth, 25.25 crore e-KYC transactions in Sep
New Delhi: Aadhaar adoption and usage continued to record growth as during the month of September, 25.25 crore e-KYC transactions were executed through Aadhaar — almost 7.7 per cent jump in such…
- Business
Bankers to strike on Nov 19 to protest victimisation
Chennai: Banking services across the nation will get affected on November 19, with members of the All India Bank Employees’ Association (AIBEA) going on strike, said an official. The members will strike…
- Business
How Oracle Alloy is going to help Indian firms meet local data norms
Las Vegas: As more Indian firms, especially operating in the regulated industries, aim to move their workloads to the Cloud, Oracle feels that critical infrastructure is something that is going to be…
- Business
Shifting to green crackers, Sivakasi fireworks industry aims international market
Chennai: The 6000 crore fireworks industry of Sivakasi, which has turned mainly into green crackers, is now planning to tap the international firecracker industry hitherto dominated by Chinese players. While China has…
- Business
Facebook threatens to ban news in Canada over proposed Online Act
San Francisco: Facebook has reportedly threatened to block news in Canada if the country goes through its proposed Online News Act that forces online platforms like Facebook and Google to share revenue…
- Business
Akash Ambani launches Jio 5G services in Rajasthan’s Nathdwara
Jaipur: Akash Ambani, the Chairman of Reliance Jio Infocomm, on Saturday announced the launch of Jio 5G services in Rajasthan from the famous Shrinathji temple in Nathdrawa town in Rajsamand district. Akash…
- Business
Amid high inflation & weak rupee, Fin Min review says economic performance ‘impressive’
New Delhi: Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union…
- Business
Oracle modernising Airtel for larger 5G roll-out in India: Top executive
Las Vegas: As Bharti Airtel rolls out 5G services in select cities in India, Cloud major Oracle is busy helping the telecom operator in its digital metamorphosis, internally as well as externally,…
- Business
RIL to restructure group EPC resources
New Delhi: The Board of Reliance Industries Ltd (RIL) on Friday approved a scheme of arrangement under which the EPC and infrastructure undertaking of Reliance Projects and Property Management Services Ltd (RPPMSL),…
