WeWork files for bankruptcy, WeWork India’s operations not affected
San Francisco, Nov 7Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in the US and Canada. The company was valued at just $45 million last week.
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Seoul, Nov 5 Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes, a regulatory filing showed on Sunday.
OpenAI may release ‘GPT builder’ option for ChatGPT subscribers soon
San Francisco, Nov 6 - Ahead of OpenAI's first-ever developer conference, a significant ChatGPT update has leaked, revealing a custom chatbot creator.
N.Korea diversifying cybercrimes amid drop in value of cryptocurrency: Report
Seoul, Nov 6 North Korea appears to be diversifying its cybercrimes to offset the declining value of cryptocurrencies it steals to fund its nuclear and missile programmers.
Dunzo posts loss of Rs 1,800 cr, revenue at Rs 226 cr in FY23
New Delhi, Nov 6 - Cash-strapped Dunzo has posted a loss of Rs 1,800 crore in FY23, a 288 per cent increase from the previous year, according to its consolidated financial statements filed with the Registrar of Companies.
Gogoro to rollout battery-swapping stations to over 21K HPCL outlets in India
New Delhi, Nov 6 - Global technology leader in battery-swapping ecosystems, Gogoro on Monday announced it had signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to rollout battery-swapping stations to more than 21,000 retail gas outlets across India in
Female CEOs fail after taking control of problem-hit companies: Study
London, Nov 5 - Women experience a gender tenure gap, lasting in CEO roles at publicly listed companies for shorter periods than men, according to new research.
DRI carries out searches at Havells India office
New Delhi, Nov 5 - The Directorate of Revenue Intelligence (DRI) conducted search operations at the headquarters of leading electronics goods and appliances major Havells India.
Musk starts improved X customer service for premium users
San Francisco, Nov 6 - Elon Musk on Monday announced that premium verified users can now send a direct message (DM) to the platform for support.
Buy on dips strategy has worked well for investors
New Delhi, Nov 6 (IANS) The ability of stock markets to climb walls of worries is manifesting clearly in these troubled times, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Sugar stocks rise on Maharashtra output concerns
Sugar stocks, such as those of Dalmia Bharat Sugar, Balrampur Chini Mills, Triveni Engineering, Dwarikesh Sugar, and Shree Renuka rose on Thursday as a result of authorities reducing their projection for Maharashtra's output in crop year 2023–2024 by 14%, making it the lowest
Adani Group market cap rises to a seven-month high; adds a whopping Rs 47,050 crore on Monday
The Adani Group, the port to power conglomerate, added a massive Rs 47,050 crore in shareholder’s wealth as investors showed renewed confidence in the group’s stock portfolio.
B’luru International airport Terminal 2 begins flight operations
The swanky Terminal-2 of the KempeGowda International airport in Bengaluru built at a cost of Rs 13,000 crore started operating international flights on Tuesday.
288 varsities in G20 nations have partnerships with O.P. Jindal Global University
The O.P. Jindal Global University (JGU) has achieved the unprecedented and path breaking milestone of building international collaborations with 288 universities across the G20 countries.
Demand momentum in cement to halt due to deficient rains & upcoming general elections
Deficient rains this year and upcoming general elections is likely to result in demand slowdown for the cement industry, Centrum Broking said in a note.
Median cost of IT outages at Indian firms now Rs 520 cr a year: Report
The median cost of IT outages at Indian organisations now stands at around Rs 520 crore ($62.79 million) per year, a new report said on Wednesday. According to the web analytics and software company New Relic, about 74 per cent said that the
UP govt proposes hike in sugarcane SAP
The Uttar Pradesh government is considering a proposal to increase the sugarcane State Advisory Price (SAP) in the upcoming crushing season scheduled to start from October.
India is best performing market in Sep
India has become the best performing large market in September with 4.2 per cent gains, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
MP govt to provide LPG cylinder at Rs 450 under Ujjwala and Ladli Behna schemes
The LPG gas connection holders registered under the Ujjwala Yojana and Ladli Behna Yojana in the poll-bound Madhya Pradesh will be entitled to get a cylinder for Rs 450.
Bankrupt crypto exchange FTX allowed to sell crypto holdings worth $3.4 bn
Bankrupt crypto exchange FTX can sell and invest its crypto holdings worth over $3.4 billion to pay back creditors, a US judge has ruled.