NCLT reserves order on Reliance Capital Resolution Plan approval
Mumbai, Jan 11 - The NCLT Mumbai has reserved its order on the approval of IIHL's resolution plan for the Reliance Capital. While reserving the order, the NCLT has said that the order will be delivered within a month. The Rs 9,861 crore
With 4.88 mn passengers, Dec clocked max 2023 monthly traffic at Mumbai airport
Mumbai, Jan 11 - The Chhatrapati Shivaji Maharaj International Airport (CSMIA) notched its highest monthly traffic for 2023 in December when over 4.88 million passengers travelled, an official said here on Thursday.
InMobi plans to lay off 125 workers in 2nd round of job cuts
New Delhi, Jan 11 - Softbank-backed mobile advertising giant InMobi is planning to lay off 125 employees from its global workforce of 2,500 in its second round of job cuts.
Meta faces new EU complaint over ‘pay for privacy’ consent
London, Jan 11 - Privacy rights advocacy group noyb on Thursday filed a new complaint against Meta, alleging that the social media platform unlawfully ignores the users’ right to easily withdraw consent and asks them to pay.
Indian online delivery platforms served 65 lakh food orders on New Year’s Eve
New Delhi, Jan 11 - There were 65 lakh online food delivery orders from Zomato, Swiggy and others on the New Year's Eve 2023, setting a record and delivering 18 per cent higher volumes than the New Year's Eve 2022, a report showed
Customer benefits being kept in mind while regulating Fintechs: RBI Guv
Mumbai, Jan 11 - Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise in India and at the same time, it has also raised a host of business conduct issues on which
Yogi launches Indigo’s air service between Ayodhya and Ahmedabad
Lucknow, Jan 11 - Uttar Pradesh Chief Minister Yogi Adityanath on Thursday virtually launched Indigo Airlines' direct air service between Ayodhya and Ahmedabad at an event held at his official residence.
71% of Indian smartphone users open to switching devices based on OS experience: Report
New Delhi, Jan 11 - About 71 per cent of Indian smartphone users are open to exploring and potentially changing their device based on the OS (operating system) experience offered, a new report revealed on Thursday.
Ayodhya airport to follow ‘drop-and-move’ policy on Jan 22
Lucknow, Jan 11 - In view of the fact that the newly inaugurated Ayodhya airport will witness unprecedented rush on January 22 when the Pran Pratishtha ceremony takes place at the Ram temple, concerned officials have decided to adopt the ‘drop-and-move’ policy.
German train services hit by 3-day strike
Berlin, Jan 11 - Train drivers in Germany have commenced a three-day strike until Friday, severely restricting passenger transport across the country.
Polycab shares plunge 20% after reports of tax evasion
New Delhi, Jan 11 - Polycab India shares plunged 20 per cent on Thursday after reports of Income Tax evasion.
India sees shift in consumer wallet share towards discretionary & premium products
New Delhi, Jan 11 - India will see a significant shift in consumer wallet share towards discretionary and premium products as we move towards a USD5 trillion economy in the coming few years, says Amnish Aggarwal - Head of Research, Prabhudas Lilladher.
HDFC Bank led market capitalization gains among major Indian banks in Q4
New Delhi, Jan 11 - HDFC Bank led market capitalization gains among major Indian banks in the quarter ended December 31, 2023, according to S&P Global Market Intelligence data.
No consistency in FII, DII behaviour this month
New Delhi, Jan 11 - There is no consistency in FII and DII behaviour so far this month and they are doing alternative bouts of buying and selling which is restricting the market in a range, says V.K. Vijayakumar, Chief Investment Strategist, Geojit
Zoomcar appoints Adarsh Menon as President to lead its business
Bengaluru, Jan 11 - Car sharing platform Zoomcar on Thursday announced the appointment of Adarsh Menon as its President to lead its business.
US approves 1st-ever Bitcoin exchange-traded product shares
San Francisco, Jan 11 - The US Securities and Exchange Commission (SEC) has finally approved a number of spot Bitcoin exchange-traded product (ETP) shares and with the decision, the world's largest cryptocurrency has joined the global financial system.
Global PC market down again in 2023, unparalleled in industry’s history
New Delhi, Jan 11 - Global PC shipments declined 13.9 per cent in 2023 compared to 2022, experiencing unprecedented consecutive declines and marking a stark departure from historical trends tracked since 1995.
Re-appointment of three Directors approved in AGM: SpiceJet in BSE intimation
New Delhi, Jan 11 - In its stock exchange intimation on Thursday, the SpiceJet said that during the annual general meeting, issue and allotment of 31,83,00,000 equity shares of Rs 10 each at a price of Rs 50 per share on preferential basis,
Meta lays off technical programme managers at Instagram
New Delhi, Jan 11 - Meta has started the New Year with laying off some technical programme managers (TPMs) at Instagram and reports said that at least 60 such jobs are either being consolidated or eliminated.
Google laying off hundreds of AR employees, Fitbit leaders move on
San Francisco, Jan 11 - Google is laying off hundreds of hardware employees, especially in the augmented reality (AR) division while Fitbit co-founders James Park, Eric Friedman and other Fitbit leaders are reportedly leaving the company.