Business news
- Business
Over Rs 8K cr added on Zerodha’s Kite app on Lok Sabha election results day
New Delhi: More than Rs 8,000 crore in funds was added on Zerodha’s Kite app on the Lok Sabha election results day, according to a chart shared by the brokerage firm’s co-founder…
- Business
Investors lose Rs 30 lakh crore in single day in biggest market fall in 4 years
Mumbai: Jitters of counting day led the Indian indices to experience their biggest fall in the last four years on Tuesday with the investors losing nearly Rs 30 lakh crore in a…
- Business
Bear attack: Sensex crashes over 6,000 pts; Nifty dives nearly 2,000 points
Mumbai: Benchmark equity indices Sensex and Nifty tanked over 8 per cent on Tuesday as the initial trend showed BJP winning lesser number of seats than predicted in exit polls. The 30-share…
- Business
Rs 26 lakh crore investor wealth erased after Sensex tanks 3,690 points
Mumbai: Indian equity indices saw a steep fall on Tuesday after early counting trends showed a tough contest between the NDA and the opposition INDIA bloc in the Lok Sabha elections. Investors…
- Business
Adani Group shares tumble; Adani Ports plunges 20 per cent
New Delhi: Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani…
- Business
Rupee falls 26 paise to 83.40 against US dollar in early trade
Mumbai: The rupee plunged 26 paise to 83.40 against the US dollar in early trade on Tuesday as initial counting for the Lok Sabha elections indicated a mixed trend. A weak trend…
- Business
Blinkit offers ‘free dhaniya’ on platform following user feedback
New Delhi: After listening to a user’s mother’s suggestion who had to pay for ‘dhaniya’ (coriander) on Blinkit while ordering veggies, Zomato’s grocery delivery platform has now started to offer ‘free dhaniya’…
- India
India’s 300 billion USD electronics goal by 2026 requires 100 Billion USD in chips
New Delhi: As India aims to reach $300 billion electronics production by FY26, it will trigger demand for semiconductors worth $90-$100 billion, largely driven by domestic mobile manufacturing — an opportunity the…
- Technology
Google lays off entire python team citing cost-cutting measures
In a recent development, tech giant Google has allegedly fired its entire Python team, a move that has sent shockwaves through the tech industry. The decision, attributed to cost-cutting measures, involves hiring…
- Technology
Hackers attacked Indian firms on average 2,444 times per week in last 6 months: Report
New Delhi: Hackers have attacked Indian organisations on average 2,444 times per week in the last six months, compared to 1,151 attacks per organisation globally, a new report revealed on Thursday. According…
- Technology
Spotify announces to cut 17 per cent of jobs, third round of layoffs this year
New Delhi: Music streaming giant Spotify on Monday announced to eliminate about 17 per cent of its workforce across the company as it looks to become “both productive and efficient”. Spotify founder…
- Business
Rupee jumps 24 paise against US dollar
Mumbai: The rupee appreciated 24 paise to close at 83.09 against the US dollar on Wednesday as the American currency retreated from its elevated levels after the US inflation came lower than…
- Technology
NFT marketplace OpenSea lays off 50 per cent of its workforce
San Francisco: Non-fungible token (NFT) marketplace startup OpenSea, valued at $13.3 billion last year, has laid off about half of its workforce as part of “significant organisational and operating changes”. A company…
- Business
Indian markets witness resurgence as investors’ anxiety drops
Mumbai: The Indian market is resurging amid a drop in investors’ anxiety as Nifty VIX contracts generously, Vinod Nair, Head of Research at Geojit Financial Services, said on Friday. The optimism is…
- Technology
FTX’s Sam Bankman-Fried found guilty on all 7 counts
New York: Sam Bankman-Fried, co-founder and former CEO of collapsed crypto exchange FTX, has been found guilty on all seven counts related to fraud and money laundering. The US Attorney’s office at…
