FPI inflows of $ 10.1bn in Dec 2023 are highest ever recorded in a single month
New Delhi, Jan 12 - Inflows of US$ 10.1bn in December 2320 are the highest ever monthly inflows recorded in a single month, a research by Bank of Baroda said.
Tatas roll out cars out of acquired Ford India plant in Gujarat
Chennai, Jan 12 - Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors Ltd, on Friday said it rolled out the first Tata badged car from its new plant in Gujarat's Sanand1.
MakeMyTrip sees 1,806% jump in searches for Ayodhya since inauguration announcement
New Delhi, Jan 12 - Online travel company MakeMyTrip on Friday said it has seen a 1,806 per cent increase in searches for Ayodhya on the platform since the announcement of the inauguration.
Markets at new highs in massive rally driven by IT heavyweights
New Delhi, Jan 12 - Indian markets soared to new heights in a powerful rally, driven by IT heavyweights, says Vinod Nair, Head of Research, Geojit Financial Services.
First two quarters to see good FPI inflows, rupee to appreciate: Bank of Baroda
Chennai, Jan 12 - After a dismal start, foreign portfolio investments (FPI) flow into India picked up pace, cumulatively totaling $28.7 billion in 2023, said a report by Bank of Baroda.
Digital Connexion’s Chennai Data Center goes on stream
Chennai, Jan 12 - Digital Connexion, a three-way joint venture between Brookfield Asset Management (Brookfield), Reliance Industries Limited and Digital Realty on Friday announced the launch of its first data centre campus here.
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.