• 

  Zomato exits from 225 cities but CEO Deepinder Goyal says will hire around 800 people

  February 13, 2023 13:14 IST

  Zomato, India's leading food delivery app, reports losses and exits operations in 225 smaller cities. Despite setbacks, the company remains optimistic with its relaunch of Gold subscription and plans to hire 800 employees.

• 

  DGCI issues notice to Amazon, Flipkart among other e-pharmacies over sale of drugs without license

  February 12, 2023 22:42 IST

  The notice states that the sale or stock or exhibit or offer for sale or distribution of any drug requires a licence from the concerned state licensing authority and conditions of a licence are required to be complied with by the licence holders.

• 

  Salasar Techno's consolidated income rises more than 50% in December quarter, stock up 2%

  February 12, 2023 16:42 IST

  The company's total income during the quarter under review rose to Rs 24093.44 lakh from Rs 17395.49 lakh in the same quarter last fiscal. Its September quarter total income stood at Rs 25878.33 lakh.

• 

  Multibagger stock with 152% return in 6 months reports 90% jump in Q3 net profit

  February 12, 2023 12:56 IST

  Apollo Micro Systems: The company through an exchange filing said that its net profit in the December quarter stood at Rs 660.48 lakh as against Rs 338.33 lakh a year ago period.

• 

  Bitcoin Dip: Take Advantage of the Temporary Drop

  February 12, 2023 12:19 IST

  The price of Bitcoin (BTC) and the broader cryptocurrency market experienced a pullback early this week, surrendering a small portion of the gains achieved in January. Nevertheless, it's widely acknowledged by seasoned traders that a technical correction was expected.

• 

  Report: Air India places monumental order for approximately 500 planes from Airbus, Boeing

  February 11, 2023 14:21 IST

  Air India has inked contracts with Airbus SE and Boeing Co. to buy 500 new aircraft, valued at more than $100 billion.

• 

  Gold price hangs near one-month low despite stronger US dollar

  February 11, 2023 9:42 IST

  Gold price news: Gold prices remain near a one-month low, with a stronger US dollar having a significant impact on the precious metal's performance. Despite the negative pressure, market analysts continue to monitor the situation, forecasting possible fluctuations in the near future.

• 

  Bitcoin and ethereum takes a dip | CHECK DETAILS

  February 11, 2023 9:39 IST

  Crypto Market sees a downturn with Bitcoin sliding below $22,000 and other top Altcoins experiencing Heavy Losses. Top Altcoins, including Ethereum, Dogecoin, Solana, Ripple, and Litecoin, suffer significant declines.

• 

  Travellers from G20 countries can now use UPI in India: RBI

  February 10, 2023 21:25 IST

  UPI is a system that bunches multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments under a common platform.

• 

  India's Industrial Production: Rises by 4.3 per cent in December

  February 10, 2023 23:45 IST

  India's Industrial Production: Data released by National Statistical Office shows a 4.3 per cent rise in India's Industrial Production in December.

• 

  UP Investor Summit 2023: Reliance to invest Rs 75,000 crore in four years, includes 5G roll out

  February 10, 2023 18:17 IST

  At the UP Investor Summit, Mukesh Ambani revealed plans to invest Rs 75,000 crore in the next four years for expanding his telecom network in the state. Ambani said the investment will result in the creation of over 100,000 jobs in the state.

• 

  Rajasthan Budget: Free electricity, old pension scheme, announces CM Gehlot ahead of assembly polls

  February 10, 2023 17:38 IST

  Rajasthan Budget 2023: After an uproar and high drama in the state assembly, CM Ashok Gehlot announced free electricity, old pension scheme, Rs 200-crore welfare fund and many more schemes during the state budget presentation.

• 

  '...still India is fastest-growing major economy'- FM Sitharaman's reply to Budget 2023 debate in LS

  February 10, 2023 16:27 IST

  Parliament Budget Session: During her reply to a general discussion on Union Budget 2023 in Lok Sabha, Finance Minister Nirmala Sitharaman hailed the government's economic policies to tackle the slowdown.

• 

  This small cap stock declares bonus, split together; stock up 5% - check ratio

  February 10, 2023 15:00 IST

  Veerkrupa Jewellers shares have delivered multibagger returns to its investors. The stock has zoomed a whopping 428 per cent since listing on BSE in July 2022. YTD, it has gained 60 per cent.

• 

  Yahoo layoffs: 'Beneficial for overall profitability of company', says CEO Jim Lanzone

  February 10, 2023 14:28 IST

  Yahoo layoffs: The layoffs will help the company to go on offense and invest more in businesses that are profitable. According to the company, 12 per cent of the workforce (around 1,000 employees) would be laid off on Friday.

• 

  TikTok fires all Indian employees after three years with assured 9 months severance

  February 10, 2023 14:09 IST

  TikTok has fired its entire Indian staff, almost three years after being banned in the country. The employees, who served the Brazilian and Dubai markets, were informed that February 28 would be their last day and were promised nine months of severance pay.

• 

  Yahoo to fire 1,000 employees this week under cost-cutting campaign

  February 10, 2023 14:03 IST

  Yahoo would lay off over 20% of staff in a major restructuring effort. Technology giant has announced job cuts in its advertising technology division, affecting nearly half of its ad tech employees.

• 

  UP Global Investors Summit: Divide between 'urban India, rural Bharat' closing, says Mukesh Ambani

  February 10, 2023 13:45 IST

  UP Global Investors Summit 2023: "I am confident that India is on a very strong growth path," Ambani said, citing 4 major reasons for his conviction. They are- technology adoption, largest youth population, disappearing regional imbalances and unprecedented hope among people.

• 

  Shera Energy Limited IPO oversubscribed; listing on Feb 17

  February 10, 2023 9:57 IST

  The SME IPO aims to garner Rs 35 crore through its initial share sale. The company has set a price band of Rs 55 to Rs 57.

• 

  LIC Chairman to meet Adani Group's top management soon

  February 10, 2023 0:10 IST

  Life Insurance Corporation (LIC) Chairman MR Kumar has said that he will meet Adani Group's top management soon, amid row over Hindenburg report.

• 

  IRB Infra's January toll collection rises 36 per cent to Rs 374 crore; Q3 result on Friday

  February 09, 2023 16:39 IST

  Virendra D Mhaiskar, chairman and MD, IRB Infra, said that the company has reported consistent robust growth in toll collection across all projects.

• 

  Shares of THIS aerospace-defense company gain as it bags big order

  February 09, 2023 16:06 IST

  Shares of Apollo Micro Systems have yielded a massive 139 per cent return in the past one year. In perspective, one share which was available at Rs 138 is now available for Rs 331.

• 

  Google loses over $100 billion market value after AI chatbot Bard provides a false response

  February 09, 2023 13:03 IST

  After its AI-equipped chatbot, Bard, presented false information in a commercial on Wednesday, Alphabet shares fell 7.68% to $99.37, wiping off more than $100 billion from its market value.

• 

  Newly launched AI-powered creator tech venture to focus on creator economy

  February 09, 2023 10:27 IST

  India's creator economy is growing strong despite inflation and global economic headwinds.

• 

  Gold shines bright as US Dollar dips: Fed chairman's inflation comments spark market reaction

  February 09, 2023 10:02 IST

  The gold market has seen a rise following Federal Reserve Chairman Jerome Powell's comments on inflation, which caused a decline in the value of the US dollar.

• 

  Bitcoin and Ethereum prices at a steady pace

  February 09, 2023 9:57 IST

  The crypto markets are heating up as the prices of Bitcoin and Ethereum is on increase. Both digital currencies have seen significant growth, with Bitcoin reaching a market cap of over $1 trillion and Ethereum not far behind.

• 

  Disney to lay off 7,000 employees to cut costs, reward shareholders for company's transformation

  February 09, 2023 9:37 IST

  Disney employees lay off: Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced.

• 

  'Indian banking system stronger, larger to be impacted'- How RBI Governor S Das reacted to Adani row

  February 08, 2023 14:07 IST

  Reserve Bank Governor Shaktikanta Das rejected speculations about Indian banks may have exposure to ongoing market turbulence prompted by the Adnai row.