Business news
- Business
Flipkart says ‘anomalies’ behind some iPhone 13 order cancellations
New Delhi: After some iPhone 13 buyers went to Twitter to express their frustration of not receiving their devices after placing online orders on Flipkart, the e-commerce platform on Monday said a…
- Business
Indian workforce to get average salary hike of 10.4% in 2023
New Delhi: Despite global macroeconomic conditions and rising inflation, salaries in India are likely to increase by 10.4 per cent on average in 2023, compared to an actual increase of 10.6 per…
- Business
Rupee hits new record low of 81.55 against USD
Mumbai: The Indian rupee fell to a new record low of 81.55 against the US dollar on Monday after a sharp uptick in dollar index, dealers said. At the interbank foreign exchange…
- Technology
Apple begins manufacturing iPhone 14 at Foxconn plant in India
New Delhi: In a fillip to India’s thrust on local manufacturing, Apple on Monday confirmed it has kicked off the production of new iPhone 14 in India, a first for the tech…
- Business
No let-up in Rupee depreciation; touches another lifetime low
New Delhi : Continuing with the depreciation, Rupee slipped further from the past week’s low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the…
- Technology
NFT startups shun Apple App Store due to high commission, tough rules
San Francisco: Non-fungible token (NFT) trading startups do not want to sell their offerings through Apple App Store because 30 per cent commission on in-app purchases, and other tough rules, will bleed…
- Technology
At 264%, India logs fastest growth in global IoT module market
New Delhi: India was the fastest growing Internet of Things (IoT) module market with more than 264 per cent growth in the second quarter this year, a report showed. Although growing on…
- Business
More than 1 in 2 senior business executives see recession looming: Report
New Delhi: More than one in two senior business executives globally (59 per cent) believe there will be a recession in the coming year, according to an IDC survey. Moreover, nearly 30…
- Business
CGST Mumbai Zone busts case of non-payment of GST, fraud ITC availment
Mumbai : The Bhiwandi Commissionerate of Central Goods and Service Tax (CGST) on Saturday busted a case of non payment of GST and fraudulent availment of ITC that amounted to Rs 78…
- Business
BYJU’s clears Rs 2,000 cr dues to VC firm Blackstone in $1 bn Aakash deal
New Delhi: Edtech major BYJU’s has finally paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the $1 billion acquisition of Aakash Educational…
- Business
Flipkart festive sales witness record 1.6 mn users per second
Bengaluru: E-commerce major Flipkart on Friday said that it witnessed highest-ever number of concurrent users with 1.6 million users per second as it kicked off the ninth edition of its ‘Big Billion…
- Business
Rupee slips first time below 81-mark against US dollar
Mumbai: The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against the US dollar. This was because of uncertainty created after the…
- Business
Meta, Google put employees on ‘notice periods’ to find new role or leave
New Delhi: Facebook’s parent company Meta and Google are reducing staff to cut costs amid the economic downturn, apparently putting some of them on traditional 30 to 60 days “lists” to find…
- Business
Centre proposes to bring WhatsApp, Zoom under telecom licence
New Delhi: Toughening its stand against video communication and calling apps, the Centre has proposed to bring Meta-owned WhatsApp, Zoom, and Google Duo under the ambit of telecom licence, as written in…
- Business
Ban on broken rice export imposed after recent rise in exports: Centre
New Delhi: The Indian government on Thursday said that the ban on the export of broken rice was imposed after a rise in its exports in the last few months. “The ban…
