Business News
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Adani, Uber explore partnership to launch EVs in India
The Adani Group is said to be in talks with ride-sharing giant Uber to develop a strategic partnership, focusing on electric passenger cars and incorporating Uber services into Adani One, as reported by The Economic Times.
Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 0.03% in the last 24 hours, trading at $51,519.26. It is down 1.25% from last week.
Reliance and Disney may announce merger this week
Reliance Industries and the Walt Disney Company are set to make a groundbreaking announcement this week, as they have signed a binding agreement to merge Viacom18 and Star India.
Cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Cardano today
Bitcoin has climbed by 1.17% in the past 24 hours and is currently trading at $51,620.69. It is 0.04% lower than last week.
Jeff Bezos, NVIDIA to back humanoid robot start-up Figure AI
Jeff Bezos and NVIDIA, along with several others, are investing in humanoid robot start-up Figure AI, reported Bloomberg.
Cryptocurrency prices today: Check rates of Bitcoin, Dogecoin, BNB, Tether
Bitcoin lost 0.4% in the last 24 hours and is trading at $50,953.35. It is down by 1.87% in the last seven days.
Free Fire MAX codes for February 24: How to redeem
Garena Free Fire MAX has unveiled a new set of redeem codes, granting players access to free rewards.
BYJU'S dramatic EGM ends, Karnataka HC to decide founder's ouster
BYJU'S held an extraordinary general meeting (EGM) today to vote on the removal of CEO and founder Byju Raveendran.
RBI steps in to maintain UPI continuity for Paytm users
The Reserve Bank of India (RBI) has announced further measures to ensure smooth digital transactions for UPI customers using the '@paytm' handle, after imposing business restrictions on Paytm Payments Bank last month.
Electric mobility start-up Yulu raises $19.25M from Bajaj Auto, Magna
Yulu, an electric mobility start-up, has secured $19.25 million in funding from existing investors Bajaj Auto and Magna.
Sensex ends flat, Nifty settles near 22,200
The stock market on Friday ended on a sluggish note as Sensex fell 15.44 points to 73,142.80 points. Nifty stood at 22,212.70 points, down 4.75 points.
Jio Financial Services's market cap crosses Rs. 2 lakh crore
Jio Financial Services Ltd. has reached a market capitalization of over Rs. 2 lakh crore for the first time, thanks to a 35% increase in its share price this year.
Reddit files for IPO, eyes NYSE listing under 'RDDT' ticker
Reddit, the popular social media platform, is gearing up for its initial public offering (IPO) on the New York Stock Exchange under the ticker "RDDT."
Vice Media, Yahoo's Engadget announce job cuts
In a fresh round of layoffs in the media sector, Vice Media and Yahoo-operated Engadget are making big changes by cutting jobs and reorganizing their structures.
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Solana
Bitcoin has slipped 0.61% in the past 24 hours and is currently trading at $51,173.68. It is 1.91% lower than the week before.
Amid Paytm crisis, Google Pay expands its UPI soundbox
Google Pay is gearing up to expand its SoundPod service for merchants throughout India in the coming months, following a successful limited pilot last year.
NVIDIA crushes records, gains $277B in m-cap in single day
NVIDIA posted a fourth-quarter revenue of $22.1 billion, a huge leap from last year's $6.05 billion, and surpassing estimates of $20.62 billion.
Reddit offering shares to top 75,000 users ahead of IPO
Good news for Reddit enthusiasts!
IRCTC partners with Swiggy for delivery of pre-ordered meals
The Indian Railway Catering and Tourism Corporation (IRCTC) has announced a collaboration with Swiggy to deliver meals to passengers booked through IRCTC's e-catering portal.
Boeing 737 MAX program leader quits over Alaska Airlines disaster
Ed Clark, head of Boeing's 737 MAX program, is stepping down after an incident where a piece of a jet blew out during an Alaska Airlines flight in January.
Uber partners with India's ONDC to expand mobility offerings
Uber has partnered with India's Open Network for Digital Commerce (ONDC) to explore new mobility options on the Uber app.
As fortunes surge amid AI push, where is NVIDIA headed?
NVIDIA reported a 265% surge in revenues to $22 billion in the three months to January 28 compared to the same period last year.
Sensex climbs over 530 points, Nifty closes above 22,200 mark
On Thursday, the benchmark Sensex and Nifty indices saw gains. While the former rose 0.74% to 73,158.24 points, the latter jumped 0.74% to 22,217.45 points.
BuzzFeed sells Complex for a loss, announces job cuts
BuzzFeed has sold entertainment media brand Complex to livestream shopping platform NTWRK for $108.6 million, marking a major strategy shift for the company.
Intel lands $15B deal to produce custom chips for Microsoft
Microsoft and Intel are teaming up in a $15 billion deal to create custom chips designed by Microsoft for its own use.
Why Enforcement Directorate has restricted Byju Raveendran from leaving India
Acting on the Enforcement Directorate's (ED) order, the Bureau of Immigration (BOI) has issued a lookout circular (LOC) against Byju Raveendran, the founder and CEO of BYJU'S.
Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, BNB
Bitcoin has dropped 0.65% in the past 24 hours and is trading at $51,605.52. Compared to last week, it is down by 1.09%.
Reddit strikes $60 million AI content licensing deal with Google
Reddit, the popular social media platform, has inked a $60 million per year content licensing deal with tech giant Google, according to Reuters.
Google to ramp up Pixel smartphone production in India
Google plans to ramp up its smartphone production and begin manufacturing Pixel smartphones in India between April and June, according to Nikkei.
Why RBI is increasing scrutiny of fintech firms
The Reserve Bank of India (RBI) is stepping up its scrutiny of fintech companies by employing analysts to review customer data and holding regular meetings with executives.
NPS accounts to support Aadhaar-based two-factor authentication: What it means
The National Pension System (NPS) is getting a security upgrade, as the Pension Fund Regulatory and Development Authority (PFRDA) plans to introduce two-factor authentication for accessing the Central Recordkeeping Agency (CRA) system.
Sensex falls over 430 points, Nifty retains 22,000 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The former plunged 0.59% to 72,623.09 points, while the Nifty fell 0.64% to 22,055.05 points.
India Inc's projected salary hike for 2024 lower than 2023
India's corporate world is expected to offer a 9.5% average salary increase in 2024, slightly lower than the 9.7% raise provided in 2023, as reported by consulting firm Aon.
Amazon India's 'Bazaar' vertical to sell low-priced fashion, lifestyle products
Amazon is gearing up to make a splash in India's affordable fashion and lifestyle sector with the introduction of 'Amazon Bazaar,' which will target budget-conscious consumers
Jeff Bezos concludes 50M Amazon stock sale, nets $8.5B
Jeff Bezos has sold another 14 million shares of Amazon worth around $2.4 billion. This latest sale wraps up his plan to sell 50 million shares.
BYJU'S raises $200M through rights issue at 99% valuation cut
BYJU'S , the embattled edtech company, has managed to raise $200 million through a fully subscribed rights issue at a 99% valuation cut, as reported in a shareholder letter written by founder and CEO Byju Raveendran.
Cryptocurrency prices today: Check rates of Bitcoin, Dogecoin, Tether, BNB
Bitcoin has climbed 0.44% in the past 24 hours and is currently trading at $52,010.55. It has gained 5.21% in the last seven days.
SEBI uncovers Rs. 2,000 crore discrepancy in Zee's accounts
India's market watchdog, the Securities and Exchange Board of India (SEBI), has reportedly uncovered a financial discrepancy of around Rs. 2,000 crore in the accounts of Zee Entertainment Enterprises.
Centre extends onion export ban till March 31: Here's why
The Indian government has extended the onion export ban until March 31, 2024, to ensure domestic availability and stabilize prices.
In a first, India seeks private investment in nuclear energy
India is seeking private investments of around $26 billion in its nuclear energy sector to increase electricity generation from non-carbon-emitting sources, as per Reuters.