Elon Musk warns of terminating Twitter deal if data on fake accounts not provided
Jun 07, 2022, at 03:45 am
Tesla chief Elon Musk has warned that he may walk away from his $44 billion deal to acquire Twitter Inc if the micro-blogging company fails to provide data on spam and fake accounts, his letter to the company stated on Monday.
Revenue Deficit Grant of Rs. 7,183.42 crore released to 14 states
Jun 06, 2022, at 11:22 pm
New Delhi: The Department of Expenditure, Ministry of Finance has on Monday released the 3rd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs.7,183.42 crore to 14 States. The grant has been released as per the recommendations of the Fifteenth Finance Commission.
Indian Rupee marginally falls one paisa against USD
Jun 06, 2022, at 11:04 pm
Mumbai: The Rupee on Monday eased one paisa to close at 77.63 against the USD on rising demand for the US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Axis Bank to distribute special Coin series
Jun 06, 2022, at 11:03 pm
New Delhi: To celebrate the occasion of 'Azadi Ka Amrit Mahotsav', an initiative launched by Government of India to celebrate and commemorate 75 years of Independence, Axis Bank in coordination with the Reserve Bank of India (RBI) will be distributing limited number of special coin series to its few customers through select bank branches.
Jun 06, 2022, at 10:37 pm
New Delhi: BharatPe, a fintech company, on Monday announced the launch of its new brand campaign -‘Hai Yakeen’. Conceptualized around the power of dreams and tenacity of offline merchants and SMEs, the campaign aims to celebrate success stories of the resilient community of entrepreneurs of Bharat, across a range of industries.
MG Motor India launches MGverse
Jun 06, 2022, at 10:22 pm
Gurugram: Automobile major MG Motor on Tuesday became the first auto OEM in India, and one of the very few brands across the industries, to announce its vision of MGverse, a Metaverse platform.
Indian Market: Sensex falls 93.91 points
Jun 06, 2022, at 10:02 pm
Mumbai: The BSE Sensex on Monday slipped 93.91 points to end at 55,675.32 as selling was seen in Realty, Capital Goods, Consumer Durable stocks.
No plan to replace face of Mahatma Gandhi on banknotes: Reserve Bank of India
Jun 06, 2022, at 09:23 pm
Mumbai: The Reserve Bank of India on Monday confirmed it has no plans to change the image of Mahatma Gandhi on currency notes.
Tata Motors bags an order for delivering the biggest EV fleet in India
Jun 06, 2022, at 08:25 pm
Mumbai: In yet another step towards accelerating the transition to sustainable transportation, Tata Motors, on the occasion of the World Environment Day, signed an agreement with BluSmart Electric Mobility for delivering 10,000 XPRES T EVs to the company.
Job cuts in Tesla likely, after Musk mail says 'super bad feeling' about US economy: Report
Jun 06, 2022, at 05:47 pm
Elon Musk may cut jobs in his electric car company Tesla, Reuters reported, adding that in an internal mail sent to employees he conveyed his intentions arising from “super bad feeling” about the US economy.
Sensex down by over 300 points
Jun 06, 2022, at 04:35 pm
Mumbai/UNI: The BSE Sensex Monday tumbled down 377 pts at 55,391.39 in the opening session as selling was seen across the board.
RBI considers using images of Rabindranath Tagore, APJ Abdul Kalam on banknotes: Report
Jun 06, 2022, at 06:17 am
The Finance Ministry and the Reserve Bank of India are considering using watermark figures of two of India's greatest personalities Rabindranath Tagore and APJ Abdul Kalam on Indian currency notes, according to a media report.
Singapore's competition commission raises concerns with Tata Group over acquisition of Air India
Jun 05, 2022, at 12:16 am
Singapore's competition commission has raised concern with the Tata Group over its acquisition of Air India as the conglomerate operates two of the three key airlines in the Singapore-Mumbai and Singapore-Delhi routes.
UP has become favourite destination for investors: Kumar Mangalam Birla
Jun 04, 2022, at 09:09 pm
Lucknow/UNI: Referring to the old ties between Uttar Pradesh and the Aditya Birla Group (ABG), Chairman of ABG Kumar Mangalam Birla on Friday said post independence an aluminium factory in the name of Hindalco in the state was set up by them, marking the beginning for his group to becoming the world's largest company in its field.
Fuel prices remain unchanged for 13 consecutive days
Jun 04, 2022, at 07:16 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 13th straight day on Saturday.
Amazon's CEO of worldwide consumer business quits after 23 yrs of service
Jun 04, 2022, at 06:30 pm
Amazon Friday said the chief executive officer of its worldwide consumer business, David Clark, is leaving the company after 23 years of service to pursue other opportunities.
Twitter says waiting period for Elon Musk's buyout deal has ended
Jun 04, 2022, at 07:14 am
The waiting period for Elon Musk's $44-billion deal to buy Twitter under HSR Act is over, the company said Friday.
Essar Power enters into agreement with Adani Transmission Ltd to sell transmission asset
Jun 04, 2022, at 05:24 am
Gujarat/Mumbai: Essar Power Limited, India’s first private sector independent power producer, has entered into a definitive agreement with Adani Transmission Limited to sell one of its two transmission lines for Rs 1,913 crore.
Jun 04, 2022, at 05:03 am
Lucknow: The Government of Uttar Pradesh signed a Memorandum of Understanding on the eve of the Global Investors’ Summit in Lucknow to set up South Asia’s largest integrated manufacturing facility in Uttar Pradesh Defence Industrial Corridor.
ICICI Home Finance enters into co-lending partnership with Easy Home Finance
Jun 04, 2022, at 04:24 am
Mumbai/UNI: ICICI Home Finance Company Limited (ICICI HFC) has entered into a co-lending partnership with Easy Home Finance Ltd (EASY), a leading mortgage tech company, to disburse affordable home loans in the country.
Govt approves 8.1 pc interest rate on PF deposits for 2021-22
Jun 04, 2022, at 04:20 am
New Delhi: The Centre Friday notified 8.1 percent interest on Employees' Provident Fund (EPF) deposits, paving the way for crediting the interest into the accounts of 60 million EPFO account holders for 2021-22.
US: Ford to pump in $3.7 billion to boost EVs, gasoline-driven vehicle prodn
Jun 04, 2022, at 02:34 am
Michigan: Automaker Ford announced Thursday an investment of $3.7 billion in Ohio, Michigan, and Missouri for the production of both EVs and gasoline-driven vehicles, Reuters reported.
Kids category sales jump 40 pc on Snapdeal as pandemic fears recede
Jun 03, 2022, at 07:06 pm
New Delhi: With pandemic fears receding and daily lives moving towards a semblance of normalcy, online shopping is reflecting a relaxed and optimistic sentiment in society, including in smaller cities and towns across the country, shows recent data from Snapdeal.
Jupiter Wagons forays into EV segment with the launch of ‘Jupiter Electric Mobility’
Jun 03, 2022, at 07:03 pm
Considering the increasing need for environmentally friendly transportation, Jupiter Wagons Ltd. (JWL), a manufacturer of wagons, high-speed brake systems, and railway and engineering equipment, is entering the electric mobility market with the launch of ‘Jupiter Electric Mobility’ (JEM) focusing on commercial EV vehicles.
Jun 03, 2022, at 04:33 pm
Mumbai/UNI: The BSE Sensex Friday rallied 554.37 pts at 56,372.48 in the opening session as buying was seen in Finance, Industrials, IT and Technology stocks.
Jio-bp, MG Motor and Castrol sign partnership to boost Electric Mobility in India
Jun 03, 2022, at 04:51 am
Mumbai: In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, MG Motor India and Castrol India are set to collaborate with Jio-bp to explore mobility solutions for electric cars.
Amazon Kindle to exit China despite phenomenal growth prospects
Jun 03, 2022, at 04:33 am
Amazon is going to withdraw its Kindle business, including its e-readers and e-bookstore, from China, the US-based e-commerce giant announced on its official Wechat account on Thursday, Reuters reported.
US gas prices sets new record of $4.67 per gallon
Jun 02, 2022, at 08:53 pm
Washington/UNI/Sputnik: Gas prices in the US just headed towards the wrong alley.
Hero MotoCorp's sells 4,86,704 units in May
Jun 02, 2022, at 08:40 pm
New Delhi/UNI: Two-wheeler manufacturer Hero MotoCorp on Wednesday said its sales stood at 4,86,704 units of motorcycles and scooters in May this year, registering a growth of 16 percent over the month of April 2022.
Sensex recovers over 100 points in opening session
Jun 02, 2022, at 06:19 pm
Mumbai/UNI: The BSE Sensex on Thursday recovered 139.58 pts at 55,520.85 in the opening session as buying was seen in consumer durable, oil and gas and power stocks.