-
Hyderabad: Hyderabad-based CtrlS deployed Asia’s largest Gas Insulated Substation (GIS) in Mumbai. The state-of-the-art GIS is currently equipped with a 300 MW capacity and can scale up to 700 MW. The GIS is backed by three different sources and diversified paths ensuring 100 per cent availability of power, thus powering the two million square feet […]
-
Hyderabad: Hyderabad-based blockchain startup Kling Trading India and Cosmea Financial Holdings’ joint venture Torus Kling Blockchain IFSC on Thursday has signed an MoU with India INX to launch India’s first Bitcoin and Ethereum Futures ETFs and Metaverse US listed Large-cap Discount Certificates. “This Bitcoin / Ethereum Futures / ETFs will be the first crypto backed […]
-
Foreign brokerage Macquarie said on Monday there are no signs of headwinds abating at Paytm as it slashed the target price to Rs 900.
-
Mumbai: IT major Tata Consultancy Services on Wednesday reported a year-on-year rise of 12.3 per cent in its consolidated net profit for the third quarter of FY22. Its net profit for the quarter under review rose to Rs 9,769 crore from Rs 8,701 crore for Q3FY21. The company’s consolidated revenue during the period under review […]
-
Hyderabad: This new year, resolve to value your life the right way and take a right-sized term insurance cover. It is a must-have in the financial planning itinerary as it gives sufficient cover and is relatively affordable. If you already have a policy, enhance the cover and ensure that you renew it before it lapses. […]
-
New Delhi: India’s second-largest software services Infosys on Wednesday posted an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter. The IT firm also increased its revenue growth guidance for FY22 to 19.5-20 per cent. The Bengaluru-based company had registered a net profit (after minority interest) of Rs […]
-
Zhao's projected fortune now is just below that of Oracle founder Larry Ellison and surpasses that of Mukesh Ambani, the Indian tycoon whose fortune has also soared over the last two years.
-
New Delhi: Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns. Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according […]
-
New Delhi: Fintech platform Refyne on Wednesday said it has raised $82 million in its Series B funding led by Tiger Global. The platform enables employees to withdraw their earned salary in real time before the payment is due, thus reducing debt traps by providing instant access to earned salary. The Earned Wage Access (EWA) […]
-
Facebook moderators at an Accenture site in Austin, the US are "facing a payroll disaster that has left many without their holiday paychecks," reports The Verge.
-
Extending the rally for the fourth consecutive session the Sensex opened on a firm note at 61,014.37 points and surged to a high of 61,130.86 points.
-
Apple has abandoned plans for an OLED iPad this year, citing media reports GizmoChina reported on Tuesday.
-
Studio 4, or Spotify Studios, had 10 to 15 employees and produced shows like 'Dissect' and 'Chapo: Kingpin on Trial'.
-
New Delhi: GMR Infrastructure Ltd (GIL) has started trading at the stock exchanges as a pure-play airport sector company from Tuesday onwards, according to a statement. “GIL shares started trading today ex-GPUIL. This is post the demerger of non-airports business of GIL into GMR Power and Urban Infrastructure Limited (GPUIL),” the statement said. With GIL, […]
-
New Delhi: The government on Tuesday extended till March 15 the deadline for corporates to file Income Tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15. This is the third extension given for filing […]
-
Hyderabad: Hyderabad-based Recykal, a waste commerce company that bridges gaps between waste generators and waste processors, has raised $22 million (about Rs 162.8 crore) in funding by investment funds managed by Morgan Stanley India. Existing investors Circulate Capital, Vellayan Subbiah, and Arun Venkatachalam from the Murugappa Family also participated in this round. This is the […]
-
Hyderabad: Sresta Natural Bioproducts, which owns the packaged organic food brand, 24 Mantra, has filed draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO of the Hyderabad-based organic food company comprises fresh issue of equity shares aggregating up to Rs 50 crore and […]
-
Hyderabad: BTCS, a US-based publicly traded company focused on blockchain infrastructure and technology, has three days ago announced the first-ever dividend payable in Bitcoin by a Nasdaq-listed company. The company refers to this as Bividend (dividend in Bitcoin). Following this, its stock on the Nasdaq has zoomed more than 44 per cent to end at […]
-
Mumbai: Hyderabad-based electric two-wheeler charging infra provider BikeWo on Monday said it has roped in Southern movie star Venkatesh Daggubati as a strategic investor besides appointing him as the lead brand ambassador. This will be a long-term collaboration that will help the brand grow and scale in order to meet its ambitious target of installing […]
-
Seoul/New Delhi: A Seoul court on Monday approved a local consortium’s acquisition of Mahindra & Mahindra-owned SsangYong Motor by Edison Motors for $254 million, paving the way for the financially-troubled carmaker to get back on track. The consortium led by electric carmaker Edison Motors signed a final deal with SsangYong to take over the SUV-focused […]
-
Mumbai: Share price of Tata Consultancy Services (TCS), India’s largest IT firm, surged over three per cent on Monday after the company announced that its board will consider buyback of shares at a meeting scheduled to be held on January 12. TCS started the trading on Monday at Rs 3974, which is 3.09 per cent […]
-
The markets started the week on a strong positive note with benchmark Sensex opening above 60,000 points mark.
-
Hyderabad: Stock market in recent times has exhibited wide movements either ways. On days it rose, BSE was up about 800 to 1,000 points, aiding in wealth creation. On days it dived, it fell around 700 or more points, giving an opportunity for the existing investors to buy stocks at a lower price. The falls […]
-
In its official Weibo post, the company revealed that the hole-punch stills remain in the top left corner, same as last year, reports GizmoChina.
