SpiceJet announces special flight operation from Delhi to Ayodhya on Jan 21
New Delhi, Jan 12 - SpiceJet on Friday announced a special flight operation from Delhi to Ayodhya on January 21 catering to passengers attending the Pran Pratishta ceremony at the Ram temple the following day.
IMF allows immediate disbursement of $700 mn to Pakistan
Islamabad, Jan 12 - The International Monetary Fund (IMF) announced that its Executive Board has completed the first review of Pakistan's economic reform program supported by the global lender's Stand-By Arrangement (SBA), allowing for an immediate disbursement of about $700 million.
Sensex up more than 800 points led by IT stocks
New Delhi, Jan 12 - Sensex is now up more than 800 points during afternoon trade on Friday led by IT, banks and real estate stocks.
Google allows more time for pilot real-money gaming apps in India
New Delhi, Jan 12 - Google has announced to extend the grace period for pilot real-money gaming (RMG), daily fantasy sports (DFS) and Rummy apps in India till June when the new policy will take effect.
Israel’s war expenses in 2023 reached $6.59 bn
Jerusalem, Jan 12 - The Israeli government's expenses for the conflict with Hamas amounted to 24.7 billion shekels ($6.59 billion) in 2023, the Finance Ministry said.
Turkey inflation picks pace, denting consumer confidence
Ankara, Jan 12 - Despite the economic revamp, inflation in Turkey remained stubbornly high, and many consumers said their living standards continue to decline.
Disney-owned Pixar to undergo layoffs this year: Report
San Francisco, Jan 12 - Disney-owned animation studio Pixar is set to cut jobs this year, the media reported.
Embracing the ‘eXtra’, HONOR’s X series set to make waves in India
New Delhi, Jan 12 - In the ever-evolving dynamics of the smartphone industry, HONOR stands as a true game-changer. The debut of the eagerly awaited X series will mark another chapter in Honor's legacy of innovation.
IT stocks index jumps 5% as Infosys, TCS power market gains
New Delhi, Jan 12 - IT stocks are the top gainers on BSE after Infosys and TCS announced their quarterly results.
Edtech company Simplilearn rejigs top leadership with 2 appointments
Bengaluru, Jan 12 - Digital upskilling platform Simplilearn on Friday appointed Mark Moran as Chief Marketing Officer (CMO) and Veerasundar V as Chief Financial Officer (CFO), in a bid to expand its future growth.
OpenAI-backed 1X raises $100 mn to build next-gen humanoid robots
San Francisco, Jan 12 - Norwegian robotics startup 1X Technologies, backed by OpenAI, has raised $100 million in its series B funding round led by EQT Ventures.
BlackRock reduces Byju’s valuation to mere $1 billion
New Delhi, Jan 12 - US-based investment firm BlackRock has once again cut the value of its holding in Byju's, reducing the edtech major's valuation to a mere $1 billion from $22 billion in early 2022.
Discord laying off 170 employees due to ‘over-hiring’
New Delhi, Jan 12 - Popular teenage chat platform Discord is laying off 17 per cent of its workforce, or about 170 employees, across various departments.
Amazon-owned Audible lays off over 100 employees
San Francisco, Jan 12 - Amazon-owned audiobook and podcast division Audible is laying off 5 per cent of its staff, more than 100 employees, as part of overall job cuts at the e-commerce giant.
Micron CEO Sanjay Mehrotra meets Telangana CM
Hyderabad, Jan 11 - Micron Technology President and CEO Sanjay Mehrotra met Telangana Chief Minister A. Revanth Reddy at the latter’s residence in Hyderabad on Thursday and discussed investment prospects in the state.
Microsoft overtakes Apple to become world’s most valuable company
London, Jan 11 - Microsoft has upstaged Apple to become the world’s biggest company by market value, as the boom in artificial intelligence brought a new twist to the decades-long rivalry between the two Big Tech groups, media reports said.
Google eliminates hundreds of jobs across hardware, engineering teams
San Francisco, Jan 11 - Google on Thursday confirmed it has cut several hundred jobs across hardware, core engineering and Google Assistant teams.
LIC receives Income Tax demand order of Rs 3,528 crore
New Delhi, Jan 11 - Life Insurance Corporation of India has received orders for Rs 3,528 crore from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai.
Oil prices rise following oil tanker hijacking in Gulf of Oman
New Delhi, Jan 11 - Tensions in the Middle Eastern shipping lanes continued to run high on Thursday amid reports of a hijacked oil tanker in the Gulf of Oman, which was boarded by masked individuals and forced to alter course toward Iran,
Polycab shares crash 21% amid tax row
Mumbai, Jan 11 - Shares of Polycab India crashed by 21 per cent on Thursday after the Income Tax Department’s statement that about Rs 1,000 crore in undisclosed sales had been detected in the recent raid on the wire and cables manufacturing company.