Tesla shares plunge to wipe out $73 billion in market value
London, Jan 26 - Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese
Paytm Republic Day Festival offer: Get cashback of up to Rs 500, win an iPhone 15
New Delhi, Jan 26 - One97 Communications Limited (OCL), that owns the leading payments and financial services company Paytm, on Friday announced an offer with the theme, titled 'Paytm Republic Day Festival'.
Intel reports $15.4 bn in revenue in Q4, profit reaches $2.66 bn
New Delhi, Jan 26 - Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter (Q4) of 2023, up 10 per cent year-over-year (YoY).
Apple announces changes to iOS, Safari, App Store ahead of EU DMA Act
San Francisco, Jan 26 - Apple has announced changes to iOS, Safari, and the App Store in the European Union in response to the Digital Markets Act (DMA) coming into force in March.
Reliance Industries celebrates India’s 75th Republic Day with employees, customers
New Delhi, Jan 25 - Reliance Retail has launched a number of special discount schemes on the occasion of India's 75th Republic Day.
Civil Aviation Minister plans pre-embarkation security check facility at key metro airports
New Delhi, Jan 25 - Civil Aviation Minister Jyotiraditya M Scindia on Thursday held a meeting with airport operators where he urged them to adopt new ways for further adoption of DigiYatra at airports to provide a hassle-free and time-saving travel experience.
Ola’s mobility business in India logs Rs 250cr profit in FY23
New Delhi, Jan 25 - Ride-hailing company Ola's mobility business in India reported a profit of Rs 250 crore in FY23 against a loss of Rs 66 crore in FY22. Bhavish Aggarwal-run company's revenue grew 58 per cent to Rs 2,135 crore in
Ola announces ex-Unilever executive Hemant Bakshi as new CEO: Report
New Delhi, Jan 25 - ANI Technologies, the parent company of Ola, has announced Hemant Bakshi, a former executive at Unilever, as the new Chief Executive Officer (CEO) of Ola, according to media reports.
Google Pixel users complaining of storage bug after installing new update
San Francisco, Jan 25 - Several Google Pixel owners are reporting issues with their devices after installing the January 2024 Google Play system update, causing them to be unable to access the internal storage.
We still have a long way to go to upgrade legacy fleet, improve consistency: Air India CEO
New Delhi, Jan 25 - Air India CEO, Campbell Wilson, on Thursday penned a letter to the airline's employees, marking the second anniversary of its return to the Tata Group.
IIT-Guwahati student makes low-cost IoT-enabled water quality monitoring device
Guwahati, Jan 25 - A student at the Indian Institute of Technology (IIT) Guwahati has developed a water quality monitoring device that is highly cost-effective and integrated with IOT (Internet of Things).
Byju’s faces insolvency proceedings from foreign lenders in India, company says ‘baseless’
New Delhi, Jan 25 - Byju's lenders, who extended more than 85 per cent of Byju's $1.2 billion term loan, have reportedly filed an insolvency petition against the edtech major at the Bengaluru bench of the National Company Law Tribunal (NCLT).
Latest measure of US inflation shows progress toward Fed’s goal
New York, Jan 26 - The last US inflation snapshot for 2023 revealed that the Federal Reserve’s preferred price gauge didn’t budge last month, holding at 2.6 per cent and wrapping up a year in which price hikes slowed while the economy remained
US economy remained shockingly robust in fourth quarter
Washington, Jan 25 - The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023, a media report said.
IndiGo announces direct flight between Dubai and Surat from Feb 23
New Delhi, Jan 25 - IndiGo on Thursday announced direct flights between Dubai and Surat which will operate tri-weekly from February 23.
Bajaj Auto topples M&M as third most valuable auto company in India
Mumbai, Jan 25 - Bajaj Auto has toppled Mahindra & Mahindra (M&M) as the third most valued auto company in the country.
PNB clocks 3-fold jump in net profit at Rs 2,223 crore for Q3
New Delhi, Jan 25 - Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 crore for the October-December quarter of the current financial year, compared to the corresponding figure of Rs 629 crore in the
Zomato gets RBI approval to operate as ‘online payment aggregator’
New Delhi, Jan 25 - Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato Payments Private Limited (ZPPL) has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an 'Online Payment Aggregator'.
JSW Steel records five-fold jump in Q3 net profit at Rs 2,415 cr
Mumbai, Jan 25 - Billionaire Sajjan Jindal-led JSW Steel on Thursday reported a close to five-fold rise in its net profit for the October-December quarter of the current financial year, driven by robust domestic demand.
‘Shark Tank India 3’: ‘RodBez’ seals joint deal with OYO Rooms founder, Sugar Cosmetics CEO
Mumbai, Jan 25 - The new episode of 'Shark Tank India' season three saw an innovative pitch by Bihar's 'RodBez', a platform offering one-way taxi, taxipool, and carpool services The founders have sealed a deal of Rs 20 lakh for five per cent