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-
Elon Musk's startup Neuralink nears human trials for chip implant in brain
Elon Musk-owned Neuralink is preparing to launch clinical trials that will implant brain chips in humans. -
IndiGo Airlines Orders 30 Airbus A350-900 Aircraft For Long Haul Flights
Indigo is expected to receive the deliveries of 30 Airbus A350-900 widebody aircraft by 2027.
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RBI Orders TalkCharge to Refund Customers' PPI Wallet Balance, Cautions Public Against PPI Issued By Unauthorised Entities
Gurugram-based company TalkCharge has been asked by RBI to stop issuance and operation of its PPI or Wallets and refund the balances held in the wallets by May 17, 2024. -
Success Story: Who Are Billionaire Siblings Firoz And Zahan Mistry? Know Their Tata Relation And Massive Net Worth
Firoz And Zahan Mistry, the sons of late Cyrus Mistry have a cumulative net worth of over Rs 81,000 crore ($9.8 billion). -
Audi Cars To Get Expensive From June 1, Here's Why
Audi has decided to increase the prices of its cars because of the escalating costs of inputs and transportation. -
Reducing China dependence: Tata developing complex high-precision machines to make Apple iPhone casing; aims for exports
Tata Electronics is internally developing sophisticated high-precision machines for producing iPhone casings, aiming to enhance local capabilities and export the machines in the future. This move is expected to boost India's electronics export industry and reduce reliance on specific parts. -
Markets Rally For 6th Day Running On Firm Asian Peers; Tech Mahindra Jumps Over 12%
The 30-share BSE Sensex climbed 176.47 points to 74,515.91 in early trade. The NSE Nifty went up by 50.05 points to 22,620.40. -
BMW i5 Electric Sedan Launched in India; Check Features, Performance, And Other Details
BMW i5 Electric Sedan is equipped with an 83.9 kWh (usable 81.2 kWh) battery pack and delivers a of 516 kilometers according to WLTP standards. -
10 Things About PM-KUSUM Scheme And How It Is Empowering Indian Farmers
The main objectives of the PM KUSUM Scheme include to de-dieselize the farm sector, to provide energy and water security to farmers and enhance their income, and reduce environmental pollution. -
Nestle net profit up 27% in March quarter
Nestle India's net profit rose by 27% to Rs 934 crore in the March quarter, driven by strong growth across its product portfolio amidst challenges from food inflation and volatile commodity prices. -
Stock market today: BSE Sensex rises 100 points, Nifty50 above 22,600
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday marking another day of positive run for Dalal Street. While BSE Sensex opened 100 points up, Nifty50 was above 22,600. -
IndiGo orders 30 aircraft at $9.5 billion to fly long haul
Come 2027 and IndiGo will mount nonstop flights by using its own wide body aircraft between India and far flung corners of the world. The Rahul Bhatia-founded mega budget carrier Thursday said it "has agreed" to place a firm order for 30 twin aisle Airbus A350-900 valued at over $9.5 billion at list price, along with an option for 70 more of these big birds. -
Axis pips Kotak Bank as 3rd most valued private bank
Axis Bank overtook Kotak Mahindra Bank on Thursday to become India's third most valued private lender after a rout in the latter's stock. Kotak Bank's stock opened deep in the red on Thursday a day after RBI restricted the lender from onboarding customers digitally and issuing credit cards, citing repeated failures to fix "serious deficiencies" in its IT system. -
Vodafone Idea got a new lease of life, says Birla
Aditya Birla Group chairman Kumar Mangalam Birla said the Rs 18,000-crore fund-raise has given Vodafone Idea a "fresh lease of life", and set the stage for a "smart turnaround". "Vi is not just a telecom company, it's a national asset with 215 million users and about 8,000 MHz spectrum," said Birla. Investors in Vodafone Idea made a 26% return within a week as the shares of the telecom services company, which were offered at Rs 11 apiece in an FPO, closed at Rs 13.9 on the BSE. -
Vi got a new lease of life, says Birla
Aditya Birla Group chairman Kumar Mangalam Birla said the Rs 18,000-crore fund-raise has given Vodafone Idea a "fresh lease of life", and set the stage for a "smart turnaround". "Vi is not just a telecom company, it's a national asset with 215 million users and about 8,000 MHz spectrum," said Birla. Investors in Vodafone Idea made a 26% return within a week as the shares of the telecom services company, which were offered at Rs 11 apiece in an FPO, closed at Rs 13.9 on the BSE. -
Banks, Schools Holiday Tomorrow: Educational, Financial Institution Shut Due To Lok Sabha Election 2024 In These Areas
Since tomorrow is Friday, the financial institutions in these 88 seats will remain closed for three consecutive days - from Friday to Sunday. -
Friends, family, royalty seek mercy for crypto’s richest man Changpeng Zhao
Binance, the world's largest cryptocurrency exchange, admitted to violating US anti-money-laundering and sanctions regulations in the previous year. As a result, the company was fined $4.3 billion and agreed to be supervised by authorities. The company's CEO, known as "CZ," also acknowledged his role in the anti-money-laundering failures and resigned from his position. -
2024 Jeep Wrangler Launched, Pricing Starts at Rs 67.65 Lakh
The 2024 Wrangler is equipped with ADAS, including Forward Collision Warning with Advanced Brake Assist, Auto High Beam Headlamps, and Adaptive Cruise Control with stop-and-go functionality. -
Success Story: Meet Man Behind India's Largest Luggage Manufacturing Brand, Linked to Isha Ambani's Family! ; Check Net Worth
Despite not being in the limelight like other Ambani members, this man made a significant mark and grabbed a spot in the business world. -
Banks Se Tech Nahi Ho Rahi, Fintech Se Banking Nahi Ho Rahi: Ashneer Grover's Dig On X
BharatPe co-founder Ashneer Grover has taken dig at RBI's recent clamp down on Banks and Fintech companies. -
Markets Extend Gains For 5th Session; Sensex Revisits 74K
Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25. -
Tech Mahindra misses Q4 revenue view on weak communications segment
Tech Mahindra's fourth-quarter revenue fell below estimates due to weak performance in the communications and media segment. The company reported a decline in consolidated revenue and net profit, influenced by macroeconomic factors like inflation and geopolitical risks. -
Swiggy IPO: Food delivery platform bags shareholder approval for $1.2 billion offering; know all the details here
Swiggy, a Bengaluru-based company, approved for IPO to raise funds. Major investors include Prosus and SoftBank. Co-founders own stakes. Revenue rises by 45%, net loss up by 15%. Majety appointed CEO, Reddy Head of Innovation. -
'Impending market plunge: Top strategist forecasts 44% S&P 500 crash'
Paul Dietrich anticipates a 44% S&P 500 plunge, advises asset shifts to bonds and gold for client protection during market downturns, drawing on past crashes and echoing concerns from Wall Street figures. -
Lok Sabha polls 2024 bank holidays: Banks in these cities will be closed on April 26 for general elections Phase 2
Bank holidays on April 26, 2024, for Lok Sabha Election 2024. RBI classifies holidays; online banking services usable. Karnataka High Court declares public holidays for election days. Second phase details for Assam, Bihar included. -
Good signal for Indian IT sector job seekers: Contractual hiring shows demand uptick
India's information technology companies are seeing a surge in contractual hiring, indicating improvements in the demand environment for IT services providers. The uptick in contractual hiring follows a period of subdued demand and layoffs in the sector. -
Is China stockpiling oil and other resources in case of future war?
Tankers in Dongying discharge Russian oil for China's reserves, exceeding US. Amid rising Russian imports post Ukraine invasion, China consumes 14M barrels/day, preparing for potential future conflicts and building strategic stockpiles. -
Hydrocracking technology can produce SAF at lower costs: Honeywell
Honeywell's hydrocracking technology enables SAF production with reduced carbon intensity. The company's innovations align with aviation industry standards and contribute to the goal of achieving net zero carbon emissions from international aviation by 2050. -
Have the @Paytm UPI handle? Here’s how you can activate a new UPI ID on the Paytm app
RBI restricts Paytm Payments Bank from receiving money post-March 15, 2024. Users must switch from '@paytm' UPI handles to new ones like '@ptsbi' for SBI. Paytm integrates with major banks under NPCI's approval. -
New rules require airlines to automatically refund consumers for cancelled flights in US
US Department of Transportation mandates automatic refunds for flight changes, impacting low-cost carriers. Seaport Research highlights potential consequences. Airlines for America underscores commitment to consumer protection and affordability.
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