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-
Consumer Reports finds flaws in Tesla's Model 3
Musk had driven shares in the electric carmaker 4 percent higher with a weekend twitter discussion which showed the company was aiming initially to deliver more profitable and higher-priced fully-loaded editions of the Model 3. -
Hyd fitness tech startup Portl raises $3 million in pre-Series A round led by Bharat Innovation Fund
Portl, led by Indraneel Gupta, Vishal Chandapeta, and Armaan Kandhari, raised $3 million in funding. The startup offers Portl Studio, a digital platform integrating AI for personalized fitness experiences. -
BuzzFeed shares soar as Vivek Ramaswamy takes stake
Vivek Ramaswamy, a Republican who ended his presidential candidacy in January to support Donald Trump, has acquired a 7.7% stake in BuzzFeed, valued at approximately $6.81 million based on Tuesday's closing share price. Ramaswamy is the founder of Roivant Sciences Ltd., established in 2014, and co-founder of Strive Asset Management, launched in 2022. -
7,530 e-Challans Issued, 24 vehicles Seized In Noida For Traffic Violations
A total of 7,530 vehicle owners were penalised and 24 vehicles were impounded across Noida and Greater Noida on Thursday for violation of traffic rules.
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Stock market alert: JP Morgan predicts major decline for S&P 500
In a grim outlook for the US stock market, JP Morgan has sounded the alarm, anticipating a substantial decline in the S&P 500 index by the conclusion of 2023. Marko Kolanovic, the bank's lead market strategist, has set the lowest year-end target among prominent Wall Street financial institutions, projecting the index to plummet to 4,200 points. -
Kia EV3 Unveiled Globally: Compact Electric SUV Boasts Up To 600 Km Range
The Kia EV3 offers two battery pack options: a 58.3kWh unit and an 81.4kWh unit, delivering a maximum driving range of up to 600km. -
Jeep Unveils Avenger 4xe With Hybrid Powertrain; Check Features, Performance And Other Details
The Jeep Avenger 4xe, now the flagship of the Avenger lineup, features an all-wheel-drive hybrid powertrain.
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Microsoft Services Outage: Bing, Copilot And ChatGPT Web Search Affected Globally
Microsoft Bing outage is causing disruptions to search capabilities for ChatGPT, Copilot, DuckDuckGo, and other platforms.
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Market At All-Time High As Nifty Inches Closer To 23,000; Adani Enterprises Top Gainer
Signalling investor confidence in the economic growth, development and investment prospects of India amid political stability, equity benchmarks surged to fresh all-time highs on Thursday, as shares of Adani Group saw a sharp rise with Adani Enterprises becoming the top gainer. -
IndiGo to introduce business class in flights this year
IndiGo announced a plan to introduce a business class in flights on the busiest routes, aiming to redefine business travel in India. -
ITC Q4 profit marginally down to Rs 5,191 crore, revenue up 2% at Rs 19,446 crore
ITC Ltd, a diversified conglomerate, announced a slight decrease in its consolidated net profit for the quarter ending March 31, 2024, amounting to Rs 5,190.71 crore. This decline was attributed to a persistent weakness in consumer demand. The regulatory filing by ITC revealed that the company had recorded a net profit of Rs 5,242.59 crore during the corresponding quarter of the previous financial year. -
EV Maker Tesla Breaks Ground On Megapack Energy Storage Battery Factory In Shanghai
Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries.
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Rishad Premji, Wipro’s executive chairman, takes pay cut & no variable or commission pay in FY24
As the son of Wipro chairman Azim Premji, Rishad Premji is entitled to a commission of 0.35% on the incremental consolidated net profits of Wipro compared to the previous fiscal year. -
Wipro's Ex-CEO Thierry Delaporte Becomes Highest Paid Indian IT CEO For FY24
In addition to his salary and commission he received 7 million dollars in additional payments and over 4 million dollars in long-term compensation. -
Pilot Of This Aeroplane Was Hanging Out Of Cockpit At 17,000 Feet; Know What Happened Next
The windscreen of the British Airways Flight 5390 on the captain's side detached with a loud, explosive sound.
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'On June 4, markets will...': PM Modi's big prediction for Sensex on Lok Sabha election results day
PM Modi anticipates new record highs for BJP and stock market on June 4. PM Modi pointed out that when he first took office in 2004, the Sensex was at the 25,000 mark and has since tripled to nearly 75,000. -
Sensex Jumps 251 Points After Flat Opening
The biggest positive is the record Rs 2.11 lakh crore dividend from the RBI to the government, which will give an additional 0.3 per cent of GDP fiscal room for the government. -
Explained: How RBI managed to give the highest ever Rs 2.1 lakh crore dividend payout to government
The Reserve Bank of India (RBI) announced a record dividend payout of over Rs 2.1 lakh crore to the government in FY24. The payout, announced on Wednesday evening, is the result of RBI's active intervention in foreign exchange and money markets. -
MG Motor India Signs Pact With Vertelo To Deliver 3,000 EVs
MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo.
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What’s on the sell off list of foreign investors in Indian stock markets?
Foreign investors sold Indian equities worth Rs 27,258 crore from May 1 to 15, with significant sell-offs in the financial services and IT sectors. -
Lightning Strike Causes Runway Disruptions At Goa Airport, Diverts Six Flights
On Wednesday evening (May 22), a lightning strike hit the Manohar International Airport (MIA) in north Goa, damaging the runway edge lights and causing significant disruptions.
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India only country among top 5 largest steel producers in world to see growth in production; China, US see decline
India stands out as the only top steel-producing nation with production growth in April, amidst global declines. China, the global leader in steel production, saw its April output decrease by over 7% year-on-year to 85.9 million tonnes. -
Paytm Layoffs: Company Signals Potential Job Cuts Amid Sales Decline
Paytm CEO Vijay Shekhar Sharma informed shareholders that the company anticipates a short-term financial impact on revenue and profitability due to the disruptions experienced in Q4. -
Stock market today: BSE Sensex surges over 1,100 points to reach life-time high of above 75,300; Nifty50 above 22,900
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Thursday. While Sensex rallied to a life-time high of above 75,300, Nifty50 crossed 22,900 levels. -
Stock market today: BSE Sensex ends 1197 points up, sees life-time closing high of over 75,400; Nifty50 just shy of 23,000 level
Stock market rally today: BSE Sensex and Nifty50 surged to life-time highs in trade on Thursday. While BSE Sensex, hit a lifetime high of almost 75,500, Nifty50 touched just short of 23,000 level. -
Stock market today: BSE Sensex and Nifty50 trade flat; 30-share index around 74,200
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, started Thursday on a flat note. BSE Sensex was around 74,200 and Nifty50 near 22,575. -
Why RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023
The Reserve Bank of India added 24 tonnes of gold to its reserves between January and April this year to diversify reserves during volatility amid geopolitical tensions. Central banks, including emerging markets, are increasing gold reserves due to its store of value and rising prices in response to global uncertainty. -
Male: India, China to pay for imports with local currency
Maldives' economic development minister Mohamed Saeed said he met with Indian high commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee. -
Bonds rally as RBI pays record dividend to govt
The dividend is more than the Rs 1.02 lakh crore that govt had budgeted as dividends from all financial institutions and will reduce its need to borrow from the market. This is the second year in a row that the central bank has paid a dividend which is sharply higher than the amount that govt had budgeted. -
Indigo Airlines Issues Travel Advisory For Goa Flights Amid Runway Closure; Check Your Flight Status
Indigo Airlines has issued a travel advisory for passengers flying to and from Goa's Manohar International Airport (GOX/MOPA) due to temporary runway unavailability.
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