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Home  Business

Business

BharatPe settles Rs 88-crore fund misappropriation case with Ashneer Grover

BharatPe settles Rs 88-crore fund misappropriation case with Ashneer Grover

  • Apple reportedly pulls out of OpenAI’s $6.5 billion funding round

    A Wall Street Journal report on Saturday stated that Apple has "fallen out of talks to join the funding round." The tech giant's potential involvement was unexpected, as it rarely invests in external companies. This news follows Apple's announcement of integrating ChatGPT into Siri.
  • UPI continues to be the preferred choice of payment method in India

    The immense popularity of UPI is seen from transaction volume ratio which stands at 38.4 times of credit card transaction volumes, according to the report by Axis Securities
  • ‘Made in India’ iPhone 16 sells like hot cakes in tier 2, 3 cities

    Analysts say more Indians are buying new iPhones rather than going for older generation devices, as purchasing power increased in country
  • Sensex, Nifty hit new record highs as IT stocks surge amid global market rally

    New foreign fund inflows further boosted market optimism. In early trading, the BSE Sensex rose by 129.91 points to reach a record high of 85,966.03, while the NSE Nifty increased by 61.3 points, hitting an all-time peak of 26,277.35.
  • Rupee gains 2 paise to 83.64 vs USD on Friday

    The Indian currency was pressured by a weak domestic equity market and a stronger US dollar against major global currencies, driven by increased month-end dollar demand from importers, according to forex traders.
  • Sensex hits fresh all-time high in early trade on buying in IT stocks

    From 30 Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Sun Pharma, Tata Consultancy Services and Tata Steel were biggest gainers
  • Stable crude prices could lead to Rs 2-3 per litre cut in petrol, diesel: ICRA

    ICRA: Stable Crude Prices Could Lead to Rs 2-3 per Litre Cut in Petrol, Diesel
  • Three top executives, including CTO Mira Murati, depart OpenAI under Sam Altman

    According to Altman, their decision to leave was made independently and amicably. Of the 13 co-founders of OpenAI in 2015, only three remain with the company. He noted on the X social media platform that the timing of Mira's departure aligned with a collective transition, allowing for a smooth handover to the next generation of leadership.
  • Sensex, Nifty reach new all-time highs in early trade amid Asian market rally

    The BSE Sensex surged 202.3 points to an all-time high of 85,372.17 in early trade, while the NSE Nifty rose 51.85 points, reaching a new record of 26,056. Among the 30 Sensex firms, the biggest gainers included Maruti, Nestle, Tata Motors, Infosys, Tech Mahindra, HCL Technologies, Bajaj Finserv, Tata Consultancy Services, ITC, and Bharti Airtel.
  • Rupee falls 11 paise to 83.69 against US dollar amid rising dollar, crude oil prices

    Foreign Institutional Investors (FIIs) turned net sellers on Wednesday, adding further pressure on the domestic currency against the dollar, according to forex experts. In the interbank foreign exchange market, the local unit opened at 83.66, down 8 paise from the previous close of 83.58 against the American currency.
  • LinkedIn goes local, adds 10 new language options, including Telugu

    The new language options are Vietnamese, Greek, Persian, Finnish, Hebrew, Hungarian, along with four Indian regional languages — Bengali, Marathi, Telugu and Punjabi
  • Mahindra announces prices starting at ₹18.79 lakh for 4×4 variants of Thar ROXX

    Bookings for the Thar ROXX 4x4 variants open online and at dealerships starting October 3 with deliveries set to commence this Dussehra.
  • Occupancy in flexible office spaces crosses 80 pc in Hyderabad

    Prime office locations such as Mumbai (94%), NCR (92%), Bengaluru (86%) and Hyderabad (84%) continue to attract corporations, driving greater demand for flexible office spaces, according Knight Frank India report
  • Organized gold loans in India to hit Rs 15 lakh crore by March 2027: Report

    Rating agency ICRA reported that banks continue to dominate the gold loan market, primarily due to gold jewelry-backed agricultural loans. As of March 2024, public sector banks (PSBs) held approximately 63% of the total gold loans, an increase from 54% in March 2019, while the shares of non-banking financial companies (NBFCs) and private banks declined equally during the same period.
  • Airtel launches India’s first AI-powered network-based spam detection solution

    This free solution, the first of its kind from a telecom provider in India, will alert customers in real time about suspected spam calls and SMS messages. It will be automatically activated for all Airtel customers, requiring no service request or app download.
  • Markets decline in early trade on profit-taking

    The 30-share BSE Sensex fell by 171 points to 84,743.04 in early trade, while the NSE Nifty declined 48.7 points to 25,891.70. Among the Sensex firms, Tech Mahindra, Asian Paints, HCL Technologies, Nestle, Adani Ports, Infosys, Tata Motors, and State Bank of India were the top losers.
  • Rupee gains 10 paise to 83.53 against US dollar in early trade

    Forex traders noted that the US dollar weakened against major currencies following a sharp drop in consumer confidence, which fell to 98.7 from 105.6 in August, the largest decline in three years. At the interbank foreign exchange market, the rupee opened at 83.59 against the dollar, then rose to 83.54, gaining 10 paise from its previous close.
  • Revolt Motors receives over 16,000 bookings for RV1, RV1+ within one week of launch

    The RV1 and its premium variant, RV1+, are offered at an introductory price of ₹ 84,990 for the RV1 and ₹ 99,990 for the RV1+.
  • Sensex hits 85,000 for first time, Nifty trades at all-time high

    Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586
  • After three days of record rally, markets decline in early trade

    While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85
  • Domestic equity markets hit fresh all-time high in early trade

    Sensex jumps 318.58 points to hit all-time high of 84,862.89, NSE Nifty surges 120.75 points to reach new record high of 25,911.70
  • Overwhelming response for iPhone 16 in India, Pro Max models in demand

    As per trade experts, the demand has been at a new high owing to attractive financing offers, trade-in schemes and a growing craze to own most advanced iPhones ever made
  • Qualcomm approaches Intel about potential acquisition

    Multiple reports on Saturday indicated that Qualcomm is exploring a potential "full takeover" of the US semiconductor manufacturer Intel. The Wall Street Journal first revealed that while a deal is "far from certain," the two companies have engaged in discussions.
  • Hyderabad witnesses marginal drop in home registrations in August

    The report documents that the number of registrations stood at 6,439, marginally dropped  by 1 per cent YoY, compared to 6,493 last August.
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