Mohalla Tech, ShareChat’s parent firm, sees losses swell to Rs 4,064 cr in FY23
New Delhi, Nov 21 - Mohalla Tech, the parent company of social media platform ShareChat, saw its losses swell over 38 per cent to Rs 4,064 crore during FY23 as compared to Rs 2,941 crore in FY22.
Corporate Equality Trailblazer: Dr Rashmi Saluja the victim of corporate gender discrimination legacy
New Delhi, Nov 21 - In a landscape where the government champions women's empowerment in India, symbolized by initiatives like the women's reservation Bill to empower women, the corporate realm has been marred by persistent gender biases.
Tata Power activates EV charging stations on Chandigarh-Shimla highway
New Delhi, Nov 21 - Tata Power on Tuesday announced the activation of its electric vehicle (EV) charging infrastructure along the Chandigarh-Shimla highway, covering a total distance of 111 kms on the popular route.
Nokia signs deal with Airtel to deploy next-gen optical transport network
New Delhi, Nov 21 - Nokia on Tuesday announced it has entered into an agreement with Bharti Airtel to deploy a next-generation optical transport network (OTN) that will provide additional capacity, higher reliability and lower cost, enabling superior services for Airtel's customers.
Water chestnuts from Varanasi set to hit Dubai markets
Varanasi (UP), Nov 21 - The water chestnuts from the local ponds in Varanasi are all set to hit the Gulf markets with its first consignment soon to go.
New solar projects poised for big gain as module prices fall: CRISIL report
New Delhi, Nov 21 - A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW utility-scale solar projects awarded since fiscal 2021 and this, in turn, will propel solar capacity
Rupee fails to recover despite fall in US dollar
Mumbai, Nov 21 - The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day’s record low of 83.34 against the US greenback at 11.28 a.m.
Indian Gen Z spend 73% more time learning AI skills than other generations: Report
New Delhi, Nov 21 - Gen Z professionals in India are more interested in acquiring Artificial Intelligence (AI) skills than their older counterparts, spending 73 per cent more time than other generations to learn the skill, a new report said on Tuesday.
Markets have already factored in return of NDA in 2024
New Delhi, Nov 21 - Market participants, be it domestic or FIIs have already factored in return of the NDA in the upcoming general elections, JM Financial Institutional Securities said in a report.
SEBI Chairperson unveils Investor Risk Reduction Access platform
Mumbai, Nov 20 - Chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch has launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE).
BSE 500 companies revenues flat but profits zoom
New Delhi, Nov 21 - The 2QFY24 results of BSE-500 Index companies showed further weakness in revenues (0.7 per cent yoy decline ex-BFSI), even as earnings growth remained robust (47 per cent yoy), Kotak Institutional Equities said in a report.
Elections slow capex order inflows
New Delhi, Nov 21 - The busy elections season in the next six months is leading to a moderation in new capex activity, as per new projects data, and it is slowing order inflow momentum for large projects especially in capital goods, railways
IT hiring remains muted, talent with functional skills surges in Q2: Report
New Delhi, Nov 21 - The recruitment for the IT sector has remained muted, while the demand for talent with functional skills such as Development, ERP, Automotive Design, Testing, and Administration, among others, has surged in the second quarter (Q2) of FY24, a
Weakening Chinese growth prospects will weigh on commodities
New Delhi, Nov 21 - The range bound movement of the market is likely to be broken with an upward move soon, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
US SEC sues crypto trading platform Kraken
Washington, Nov 21 - The US Securities and Exchange Commission (SEC) has charged crypto trading platform Kraken for operating as an unregistered securities exchange, broker, dealer and clearing agency.
Fintech startup Kiwi raises $13 mn led by Omidyar Network India
Bengaluru, Nov 21 - Homegrown fintech startup Kiwi on Tuesday said it has $13 million (about Rs 108 crore) in a Series-A funding round led by Omidyar Network India.
Salesforce CEO offers jobs to any OpenAI researcher who has quit
New Delhi, Nov 21 -Enterprise software major Salesforce’s Chair and CEO Marc Benioff on Tuesday offered jobs to any OpenAI researcher who has tendered resignation and their immigration is impacted, as more than 500 OpenAI staffers threaten to quit after Microsoft hired former
Fire breaks out at SK On’s EV battery plant during pilot run in China
Seoul, Nov 20 - A fire broke out at SK On’s electric vehicle (EV) battery factory during a test run in China, but no fatalities were reported, the company said on Monday.
‘Now they will have to use Teams’: Musk as Altman, Brockman join Microsoft
New Delhi, Nov 20 - As Microsoft Chairman and CEO Satya Nadella hires former OpenAI CEO Sam Altman and co-founder Greg Brockman, tech billionaire Elon Musk has had a humorous take on the situation.
With four new heavy duty trucks VE Commercial Vehicles to grow market share and turnover
Chennai, Nov 20 - Growing the market share steadily, filling up the gaps in its product portfolio with the launch of four heavy duty trucks, commercial vehicle maker VE Commercial Vehicles Ltd will be closing this fiscal with a handsome topline growth, said