'80 hours of work per week, no free food, no work from home': Elon Musk warns employees
Nov 12, 2022, at 02:17 am
San Francisco/IBNS: New boss Elon Musk in his first address to Twitter employees warned of bankruptcy if the company doesn't start generating more cash, media reports said.
Indian Market: Sensex zooms 1,181.34 points
Nov 11, 2022, at 10:41 pm
Mumbai: The BSE Sensex on Friday rallied 1,181.34 points to settle below 61K at 61,795.04 on strong global cues after the release of US inflation data in October, raising hopes that inflation has peaked.
NITI Ayog's figures on unemployment in Goa inaccurate: Pramod Sawant
Nov 11, 2022, at 08:18 pm
Panaji/UNI: Goa Chief Minister Pramod Sawant on Thursday claimed that the figures released by NITI Ayog on unemployment in the state are inaccurate as there are several people who have already been gainfully employed.
NPCI introduces electricity bill payments service on 123PAY
Nov 11, 2022, at 08:07 pm
Mumbai/UNI: National Payments Corporation of India (NPCI) on Friday announced that electricity bill payments service for more than 70 plus electricity boards is now enabled on instant payment system 123PAY.
RIL's telecom arm launches Jio True 5G in Bengaluru & Hyderabad
Nov 11, 2022, at 07:52 pm
Mumbai/IBNS: Jio True 5G was launched on Thursday in the two southern tech-centric cities of Bengaluru and Hyderabad.
Amazon becomes first ever public company to lose USD 1 trillion in market value
Nov 11, 2022, at 06:42 am
Seattle/IBNS: Amazon has become the world's first public firm to lose USD 1 trillion in market valuation on the backs of inflation, tightened monetary policy, and let down in earnings, causing a major sell-off in its stock this year, Bloomberg reported.
Nov 11, 2022, at 06:09 am
Mumbai: Post the successful Beta-launch of Jio True-5G services in Mumbai, Delhi, Kolkata, Chennai, Varanasi and Nathdwara, Jio is extending Jio True-5G’s reach across more cities, namely Bengaluru and Hyderabad, the company said in a press release on Thursday.
TCS to create 1,200 local jobs in Illinois and expand reach of STEM Education Programs
Nov 11, 2022, at 02:59 am
Naperville IL/ New York: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced plans to boost its footprint in Illinois, U.S. by creating 1,200 new jobs by the end of 2024.
New boss Elon Musk ends remote working in first email to Twitter employees
Nov 11, 2022, at 02:21 am
In his first email to Twitter Inc. employees, new owner Elon Musk has prepared them for "difficult times ahead" and ended remote working.
Tata Motors shares dip 5 percent after reducing Q2 losses to Rs 944.6 cr
Nov 10, 2022, at 08:30 pm
Mumbai/IBNS: The shares of Tata Motors fell five percent intraday on Thursday, a day after the enterprise revealed its Q2FY23 result.
Nov 10, 2022, at 06:04 pm
Kolkata/IBNS: Indian Ad Guru Prahlad Kakkar said advertisers have to engage with today's smartphone generation with a fleeting attention span in just a few seconds to keep them invested in their products.
Rupee falls 17 paise against USD
Nov 10, 2022, at 05:58 pm
Mumbai/UNI: The Rupee on Thursday slipped seventeen paise at 81.60 against the greenback on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Sensex down 476 pts, Nifty by 138 pts
Nov 10, 2022, at 05:55 pm
Mumbai/UNI: The BSE Sensex on Thursday lost another 476 points at 60,557.53 in opening trade as selling pressure was seen across the board.
Axis Bank: Govt to offload SUUTI's 1.55 pc stake on November 10-11
Nov 10, 2022, at 05:34 pm
The government has decided to sell the 1.55 percent stake in Axis Bank held by SUUTI or the Specified Undertaking of The Unit Trust of India on exchanges, according to media reports.
India's balance of payment may go into $45-50 bn deficit in FY23
Nov 10, 2022, at 05:28 pm
India's balance of payment is expected to be in deficit by $45 -50 billion in FY23 but this deficit can be managed comfortably with foreign exchange reserves at a healthy $531 billion, according to a report in the media.
Finance Minister approves India’s first Sovereign Green Bonds Framework
Nov 10, 2022, at 05:28 am
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India.
Centre allows international trade settlements in Indian Rupees
Nov 10, 2022, at 05:12 am
New Delhi: The government has amended the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees for invoicing, payment, and settlement of exports/imports, the Ministry of Finance said Wednesday.
iCreate’s EVangelise ’22 Bootcamp hosts 40 innovators to solve critical issues of the EV industry
Nov 10, 2022, at 04:48 am
Innovation-based start-up incubatoriCreate (International Centre for Entrepreneurship and Technology) is hosting the 5-day Bootcamp of India’s largest EV innovation challenge, EVangelise ’22.
Inter-ministerial committee proposes formation of ‘Green Energy Transition India Fund’
Nov 10, 2022, at 04:33 am
An inter-ministerial committee has proposed a non-lapsable ‘Green Energy Transition India Fund’ to help coal-bearing regions to create a development plan after coal mines in the areas are closed in a phased manner.
Bank of India slashes home loan interest rates to 8.30 percent
Nov 10, 2022, at 12:30 am
New Delhi: Bank of India’s Star Home Loan now comes with a best-in-class competitive interest rate starting at 8.30 percent per annum with most affordable EMI beginning at Rs.755 per lakh.
Nov 10, 2022, at 12:27 am
Kolkata: Volvo Car India has commenced the delivery of its full electric XC40 Recharge in the country.
Toyota Kirloskar Motor announces its foray into the CNG segment
Nov 10, 2022, at 12:22 am
Bangalore: Keeping in-line with its Customer-First philosophy, Toyota Kirloskar Motor (TKM) on Wednesday announced its foray into the CNG segment, thereby providing more options in both the Toyota Glanza as well as the Urban Cruiser Hyryder model line-up, for customers to choose from.
Nov 10, 2022, at 12:03 am
New Delhi: Aragen Life Sciences, a leading research and development services outsourcing partner to global pharmaceutical firms, has announced that its CEO, Manni Kantipudi, has won the prestigious ‘CEO of the Year’ Award at the CPHI Pharma Awards 2022 held in Messe Frankfurt, Germany.
Meta to layoff more than 11,000 employees, Mark Zuckerberg calls the move a 'difficult change'
Nov 09, 2022, at 11:41 pm
Facebook's parent company Meta has announced it will remove 13 percent of its staff, marking one of the biggest round of layoffs in the history of the company.
Indian Market: Sensex falls 151.60 pts
Nov 09, 2022, at 10:18 pm
Mumbai: The BSE Sensex on Wednesday dropped 151.60 pts to settle at 61,033.55 on profit booking amid weak European Market.
Kashmiri boy creates world’s cheapest incubator
Nov 09, 2022, at 10:13 pm
Srinagar: A 16-year-old boy in Jammu and Kashmir has left the country stunned by creating a portable egg incubator for the poultry sector.
France's renewable energy to bring in 31 bln euros in 2022-2023
Nov 09, 2022, at 09:24 pm
Paris/UNI: France's renewable energy sector will bring in 30.9 billion euros (31.1 billion US dollars) of revenue in 2022-2023, the country's Commission for Energy Regulation (CRE) said in an official release.
India keeps on buying Russian oil, S Jaishankar believes its 'economically advantageous'
Nov 09, 2022, at 09:14 pm
Moscow/IBNS: India will keep buying oil from its long-term ally Russia as it is advantageous for the south Asian nation, said External Affairs Minister S. Jaishankar.
Sensex at new high, opens at 61,304.29 pts
Nov 09, 2022, at 07:22 pm
Mumbai/UNI: The BSE Sensex on Wednesday opened at new high at 61,304.29, advancing 119 points on strong global cues.
VST Industries Q2FY23 net profit surges 15.4 pc YoY
Nov 09, 2022, at 03:27 am
VST Industries, a seasoned tobacco and cigarette manufacturer in India, registered a 15.4 percent year-on-year (Y-o-Y) growth in net profit in the quarter ended September 2022.