Microsoft Asks 700-800 Employees In China To Relocate Amid US-China Tensions

Most of the employees affected by this move are engineers holding Chinese nationality.

May 16, 2024, 13:20 PM IST

New Zealand Probes Indian Spice Brands Over Contamination Concerns

The statement by MDH dismissed allegations from food regulators in Hong Kong and Singapore regarding the presence of pesticides.

May 15, 2024, 13:42 PM IST

SEBI Grants LIC 3 More Years To Achieve 10% Public Shareholding Norm

The revised timeline for the state-owned insurance giant to achieve 10 per cent public shareholding has been extended till on or before May 16, 2027.

May 15, 2024, 11:29 AM IST

Airtel Recommends Dividend Of Rs 8/Equity Share; Q4 Net Profit Declines 31%

Airtel's board of directors have recommended a dividend of Rs 8 per equity share of Rs 5 face value.

May 14, 2024, 17:27 PM IST

Amazon Pumps Rs 1,600 Crore Into Its Indian Entity As E-commerce Battle Intensifies

The investment comes as India’s e-commerce growth is expected to reach $200-230 billion by 2030, a steady 20-22 per cent rise.

May 14, 2024, 16:47 PM IST

Zomato Posts Q4 Consolidated Net Profit At Rs 175 Crore

The company had posted a consolidated net loss of Rs 188 crore in the same quarter last fiscal, Zomato Ltd said in a regulatory filing.

May 13, 2024, 15:28 PM IST

Paytm Focuses On UPI Lite Wallet For Low-Value Daily Payments

The company partnered with leading Payment System Providers (PSPs), such as Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank that will ensure a robust and reliable framework for your UPI

May 13, 2024, 15:15 PM IST

How Safe Is Your Apartment Lift? 8 Safety Points You Should Look For In Elevator

May 13, 2024, 13:29 PM IST

Maruti Suzuki Expects Over 30 Per Cent Jump In CNG Vehicle Sales At 6 Lakh Units In FY25

Maruti Suzuki aims to produce 40 lakh vehicles per year by FY2030-31, almost double from current levels. 

May 12, 2024, 14:31 PM IST

Meet Woman Who Left Her Home At Young Age Of 15 With Just 300 Rs Now Owns Rs 104 Crore Company

With only Rs 300 and a bag of clothes, Chinu left her home at the tender age of 15 due to family hardships.

May 11, 2024, 17:25 PM IST

Social Commerce Platform Meesho Raises $275 Million

In January this year, global investment firm Fidelity had marked down the value of its holding in social commerce platform Meesho, to $3.5 billion.

May 11, 2024, 12:55 PM IST

RBI Appoints R Lakshmi Kanth Rao As New Executive Director

Rao had served as Banking Ombudsman at RBI Chennai and as Regional Director of Uttar Pradesh at Lucknow.

May 11, 2024, 12:24 PM IST

ICICI Bank's Cards And Payments Head Bijith Bhaskar Resigns

He has led various product teams and managed several business areas including retail liabilities, retail assets, and small and medium enterprises (SME), across different geographies. 

May 10, 2024, 20:41 PM IST

IT Company Wipro Appoints Vinay Firake As CEO For APMEA Strategic Market Unit

Vinay Firake holds a Master's degree in Business Administration with a focus on Finance and a Bachelor's degree in Computer Engineering. 

May 10, 2024, 18:09 PM IST

London-based Consumer Tech Company Nothing Logs 144 Per Cent Growth In Q1

Nothing has established a new foundation for its audio product suite with two new wireless earbuds, Nothing Ear and Nothing Ear (a).

May 10, 2024, 17:51 PM IST

Tesla Announces Over $500 Million Investment For Supercharger Network Expansion

Musk has invited billionaire investor Warren Buffett to consider investing in Tesla as the electric vehicle company navigates a challenging market with a global slowdown in EV sales. 

May 10, 2024, 15:52 PM IST

Who Are Madhu Chandak, Manjri Chandak, Jyoti Kabra--The 3 Daughters Of India's Richest Retail King Radhakishan Damani Having $23 Billion Net Worth

Radhakishan Damani's three daughters Madhu Chandak, Manjri Chandak, and Jyoti Kabra are actively involved in the business he has founded.

May 10, 2024, 12:51 PM IST

Paytm Says Reports That Claimed Some Lenders Invoked Loan Guarantees Are "Factually Incorrect"

Paytm asserted that it acts as a distributor of loans, and does not provide a First Loss Default Guarantee (FLDG) or other loan guarantees to lending partners.

May 09, 2024, 21:19 PM IST

SBI Hiring Nearly 12,000 Employees For Various Roles, Including IT: Chairman

The SBI declared a dividend of Rs 13.70 per share for FY24. The net NPA fell to 0.57 per cent compared to 0.67 per cent last year. 

May 09, 2024, 20:10 PM IST

SBI Q4 Profit Grows 18% To Rs 21,384 Crore

On a standalone basis, profit grew to Rs 20,698.35 crore from Rs 16,694.51 crore a year ago, the lender said in a regulatory filing.

May 09, 2024, 14:23 PM IST