Binance CEO pleads guilty, steps down and agrees to pay $4.3 bn in fines
San Francisco, Nov 22 - Binance Founder Changpeng Zhao (also known as CZ) on Wednesday announced that he will step down as the CEO of the world's largest cryptocurrency exchange, after pleading guilty to federal charges and agreeing to pay $4.3 billion in
Salesforce India logs over Rs 6,000 cr revenue in FY23, to expand footprint
Bengaluru, Nov 22 - Enterprise software major Salesforce’s India operations saw total revenue rise over 50 per cent to over Rs 6,000.3 crore in FY23, from the previous fiscal year, the company said.
OpenAI board again in talks with Sam Altman for his return: Report
San Francisco, Nov 22 - Signaling another twist in the Sam Altman-OpenAI saga, the company's board of directors is reportedly in talks with Altman to return as soon as this week.
36% consumers in India expecting to increase their spending, much higher than global average of 17%
New Delhi, Nov 21 - India is one of the most optimistic markets, compared to other global economies, with 5 out of 10 exhibiting positive sentiment with regards to both macro-economic factors such as geo-political concerns, recession or inflation as well as micro
Investors will migrate to equity, index schemes as they become risk averse: Bank of Baroda
Chennai, Nov 21 - With people becoming risk averse and aware of alternatives and willing to take risks, the migration to equity and index schemes is the pattern that would emerge, said Bank of Baroda in a report.
CRISIL upgrades IIFL Finance’s outlook to ‘Positive’ from ‘Stable’
New Delhi, Nov 21 - Fairfax-backed IIFL Finance Limited, which is one of India’s largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’.
Microsoft appoints Aparna Gupta as Global Delivery Centre leader
New Delhi, Nov 21 - Microsoft on Tuesday announced the appointment of Aparna Gupta as the Global Delivery Center (GDC) leader, which is a part of the Industry Solutions Delivery and the broader Microsoft Customer and Partner Solutions (MCAPS) organisation.
Metal, realty stocks outperform as Nifty closes on positive note
Mumbai, Nov 21 - Nifty closed on a positive note, while most sectoral indices closed in the green on Tuesday.
Strategic public-private partnerships required to address cyber fraud: TRAI Secretary
New Delhi, Nov 21 - One agency cannot address all the dimensions of security in the country and the approach must be collaborative with strategic public-private partnerships, the Telecom Regulatory Authority of India (TRAI) Secretary V. Raghunandan said here on Tuesday.
Byju’s denies receiving any notice from ED
New Delhi, Nov 21 (IANS) Edtech major Byju’s on Tuesday denied reports that Enforcement Directorate (ED) has issued any show-cause notice to the company over alleged violations under the Foreign Exchange Management Act (FEMA) worth $1.08 billion (about Rs 9,000 crore).
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).