CATEGORIES

Some Twitter users unable to post, told they're 'over daily limit'

Twitter Inc. users from the US to Asia were unable to tweet, follow new accounts or check messages, in one of the higher-profile outages since Elon Musk bought the platform and fired half its staff.

VW Group looks to roll out local entry level e-car

Volkswagen Group is considering introducing an entry-level electric car in India, which, if realized, would make it the first European automaker to tap into India's mass-market electric vehicle segment. The vehicle, which will likely belong to the lowest or AO category, will be manufactured in Spain starting in 2025.

HC rejects Godrej & Boyce petition in bullet train case

The Bombay high court on Thursday rejected Godrej and Boyce Manufacturing Co. Ltd's plea challenging the Maharashtra government's acquisition of its Vikhroli land for the Mumbai-Ahmedabad bullet train project, ruling that national importance took precedence over private interests.

Zomato's Q3 loss swells to ₹346 cr on slump in food delivery business

Zomato Ltd on Thursday said quarterly loss widened more than fivefold from a year earlier, primarily because of a decline in food ordering after Diwali.

Govt may tweak bill to keep cartels out of settlement purview

Cartels may not be allowed to settle their anti-competitive behaviour by negotiating with authorities as recommended by a Parliament panel that has examined the Competition Amendment Bill, a person aware of the discussions said.

Stiff fines on the way for violation of competition law

The central government is likely to introduce further changes to the Competition Amendment Bill 2022, which is pending in the Lok Sabha, to steeply increase penalties for anti-competitive practices, said a person informed about government discussions on the matter.

Markets want trust and transparency, says Finnish minister on Adani

Markets are looking for trust and transparency, Finland's minister for foreign trade Ville Skinnari said on Wednesday in relation to the controversy over allegations surrounding the Adani group.

Consumer confidence increased further in January: RBI survey

Indian consumers showed increasing optimism about the general economic conditions and household income, according to a survey conducted by the Reserve Bank of India in January.

CBDT issues new guidelines to streamline digital economy tax

The Central Board of Direct Taxes (CBDT) has issued norms for processing returns filed by digital economy firms that are liable to equalization levy, streamlining the administration of India's digital economy tax.

After extensive consultations, MSME policy ready for release

The national policy on micro, small and medium enterprises (MSMEs) is ready for release, having completed a protracted stakeholder consultation, a top government official said.

Microsoft unveils Bing search engine using OpenAI tech

Microsoft Corp. showed off plans to use new tools from startup OpenAI to improve its little-used internet search and browsing services, seeking to gain ground against market leader Google by being first to offer conversational responses powered by artificial intelligence.

IT cos to axe 2,500 new hires who flunked screening tests

IT firms likely to let go of about 2,500 new hires who flunked screening tests

France's Total puts green hydrogen tie-up with Adani Group on hold

French energy giant TotalEnergies SE put a multi-billion dollar plan to produce green hydrogen with Adani Group on hold, pending audits of the Indian conglomerate accused of fraud by a US investor.

Blackstone looks to sell $1 bn stake in IBS Software

Blackstone Inc. is in talks with multiple private equity funds to sell a significant minority stake in IBS Software after its plans for a foreign listing failed to materialize, two people familiar with the development said.

Boeing plans to slash about 2,000 finance and HR jobs

Boeing plans to make staffing cuts in the aerocompany's space finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said.

SoftBank Vision Fund segment loses $5 billion over tech slump

SoftBank Group Corp. reported another quarterly loss, as its startup investment unit was hurt by sluggish valuations throughout the technology landscape.

Airtel Q3 profit trails Street forecast despite 91% surge

Average revenue per user at industry high of 193 due to focus on premiumization, quality users

Sensex declines 220 points on selling in FMCG, steel shares

Benchmark equity indices Sensex and Nifty closed lower on Tuesday due to selling in FMCG, metal and auto shares amid rising concerns over interest rate hikes by central banks.

UK, EU seek access to India's public procurement market

More countries spot an opening after India allows UAE to access its public procurements mkt

Taiwan may join Foxconn in India to fuel chip skills

Foxconn and the Taiwanese government are exploring a partnership that would allow the world's largest contract manufacturer of electronics to rapidly upgrade the skills of Indians to meet the needs of the semiconductor industry.

Google hopes 'Bard' will outsmart ChatGPT, Microsoft in AI

Google is girding for a  battle of wits in the field o of artificial intelligence with Bard,” a conversational service aimed at countering the popularity of the ChatGPT tool backed by Microsoft.

'Tata Steel will return to debt repayment trajectory next year'

Pension adjustments, the e need to build stocks in the Netherlands for a maintenance shutdown, and higher coal prices were the three key reasons for the worse-than-expected financial numbers for Tata Steel Ltdin the December quarter, managing director and chief executive T.V. Narendran said.

Privatization of PSBs now likely only after 2024 polls

The plan to privatize two banks and a government insurer may be put on hold until at least the general election in 2024, when the proposal will be re-assessed by the new administration, three officials aware of the development said.

Sell-off in Adani stocks halts after eight days

Group unveils more steps to restore investor confidence, pare debt

Wheat planting remains steady

India's wheat plantings remained steady despite a rally in price of the staple to a record as farmers in a key producing central state shifted to rapeseed to take advantage of even higher prices for the oilseed, the farm ministry data showed on Monday.

India ranks third in piracy website visits

India has been ranked third in the list of highest contributors of visits to content piracy websites with over 7 billion visits through torrent sites in 2022, according to a report by global advisory firm Ankura.

Panel on digital competition law

The government has set up a panel on digital competition law to examine various regulatory aspects in dealing with challenges emerging from the digital economy.

Pathaan crosses ₹800 cr worldwide

Extending its record-breaking run at the ticket window, superstar Shah Rukh Khan's worldwide in 12 days.

Sensex declines as metal, power shares retreat amid FII outflows

Benchmark Sensex dropped 334 points on Monday due to intense selling pressure in metal and power stocks as FII outflows dampened investor sentiment.

Takeda seeks DCGI permission for dengue vaccine trial

Japan's Takeda Pharmaceuticals has sought permission from the Indian drug regulator to conduct phase three clinical trials for its dengue vaccine which has received approval in the European Union and Indonesia.