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Business

695 posts

Read business news at Readselective.com.

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  • Business

Adani Group completes $2.65 billion deleveraging program; cash balance at over $4.75 bln

  • June 6, 2023
The Adani group has reduced the debt on books by $2.65 billion through prepayment of share-backed loans and the loan taken to acquire Ambuja Cements. The net debt to EBITDA…
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IndiGo launches flights to Africa, Central Asia with eye on US

  • June 3, 2023
The airline said that the execution of this international expansion is an integral part in IndiGo’s strategy of moving across new frontiers under CEO, Pieter Elbers, India’s largest airline IndiGo…
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  • Business

Tata Group signs Rs 13,000-crore EV battery plant deal with Gujarat

  • June 3, 2023
Initial capacity of Sanand factory could be 20 GWh The Tata group signed an outline deal with the Gujarat government on Friday on building a lithium-ion cell factory with an…
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Starlink, Amazon red-flag satellite spectrum auction

  • June 3, 2023
Elon Musk’s and Jeff Bezos-led Amazon have, for the first time, directly entered the battle over satellite spectrum allotment in India, backing the administrative route, going up against telecom market…
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  • Business

MS Dhoni — The Entrepreneur: From Hotels To Aerospace, It’s Business As Usual For Captain Cool. His Net Worth Will Shock You

  • June 2, 2023
MS Dhoni is a well-known cricketer who has contributed significantly to Indian cricket. He is also a successful entrepreneur with a net worth of over one thousand crores. Dhoni owns…
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Two Mukesh Ambani-owned companies are among India’s top 5 valuable brands

  • June 2, 2023
Two brands owned by Mukesh Ambani — Reliance Industries and Jio made it to the list of top five most-valuable brands in India. According to a report by Interbrand, the…
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  • Business

India’s May manufacturing PMI rises to 31-month high

  • June 1, 2023
The manufacturing PMI has now spent 22 consecutive months above the key level of 50. India’s manufacturing sector activity continued to expand in May, with the S&P Global Purchasing Managers’…
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  • Business

China’s Young People Can’t Find Jobs. Xi Jinping Says to ‘Eat Bitterness.’

  • May 31, 2023
With youth unemployment at a record, the Communist Party is trying to reset expectations about social mobility by talking up the virtue of hardship. Gloria Li is desperate to find…
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Twitter is now worth just 33% of Elon Musk’s purchase price

  • May 31, 2023
After saddling the company with $13 billion of debt, Musk’s erratic decision making and challenges with content moderation led advertising revenue to decline by 50% Twitter is now worth just…
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Setback for Vedanta-Foxconn chip venture as government poised to deny crucial funding: Report

  • May 31, 2023
The project is still in need of a technology partner and a manufacturing-grade technology license to proceed with the construction of 28nm chips The Indian government is expected to withhold…
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ONGC to invest ₹1 lakh cr in energy transition, targets net-zero by 2038

  • May 30, 2023
India’s top oil and gas producer ONGC will invest ₹1 lakh crore by 2030 on energy transition projects as it targets net zero carbon emissions by 2038, its chairman Arun…
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  • Business

Musk expected to visit China this week, meet officials – sources

  • May 30, 2023
Tesla (TSLA.O) Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in what would be his first trip to the…
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  • Business

How a tech mogul’s murder exposed Silicon Valley’s underbelly of sex and drugs

  • May 30, 2023
San Francisco’s tech boom has fuelled a culture of debauchery known as ‘The Lifestyle’ When Bob Lee, a 43-year-old technology executive, was stabbed to death in the small hours of…
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  • Business

2000 Rupee Note News: Most Banks Asking Customers To Show ID Proof To Exchange Banknotes, Barring These 2 PSU Lenders | Details

  • May 29, 2023
Non-account holders at most private banks are required to complete a form and present a valid ID proof when exchanging their 2000 rupee notes, which are being phased out as…
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PwC Australia puts nine partners on leave, overhauls board amid tax leak scandal

  • May 29, 2023
PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it battles a national scandal over the misuse of confidential government tax plans.…
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  • Business

These billionaires have more money than the US Treasury right now

  • May 28, 2023
As time winds down on how long lawmakers have to reach a deal to raise the debt ceiling to avoid the U.S. defaulting on its debt, the Treasury Department’s cash…
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  • Business

US-based Baron Capital marks down Swiggy’s valuation by another 10%

  • May 27, 2023
This development has come weeks after it was reported that Baron Capital marked down the Bengaluru-based company’s valuation by 34 per cent to $7.3 billion as of December 2022. US-based…
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  • Business

Mukesh Ambani joins Advisory Committee of global climate change panel COP28

  • May 27, 2023
Billionaire Mukesh Ambani has been appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United…
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  • Business

Not Amazon Or Flipkart, Reliance To Rule E-Commerce: Bernstein

  • May 26, 2023
Reliance Industries Ltd. will likely claim the lion’s share of the Indian e-commerce space due to its retail and mobile network, digital ecosystem and “home-field advantage in a famously complex…
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GDP growth may cross 7% in 2022-23: RBI Governor

  • May 25, 2023
The central bank chief Shaktikanta Das hints that capacity utilisation in manufacturing firms has crossed 75%; private investment revival is visible in steel and cement India’s GDP growth in 2022-23…
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  • Will only contest 2024 polls from Mathura: Hema Malini
  • Prince Harry Blasted for ‘Wasting Court Time’ as He Fails to Show Up at His Own Trial
  • Activist wants to send body parts to people when she dies – the King will get some of her neck
  • RAGING VLAD Russia stages massive war games with 100 warships & scrambles two nuke bombers off Scotland in warning to Nato
  • Russia, Ukraine face off at World Court over MH17 airliner downing
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  • Business

CEO Deepinder Goyal’s ESOPs cost Zomato Rs 143 crore in H2FY23

  • May 24, 2023
In addition, ESOPs worth Rs 13.5 crore and Rs 10 lakh were also awarded to senior executives of the company including Akshant Goyal, Chief Financial Officer and Sandhya Sethia, Company…
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  • Business

Adani Group may sell non-core real estate assets to fund new projects: Report

  • May 22, 2023
The Adani Group’s decision to monetise its non-core real estate assets aligns with its strategic realignment plan. The Adani Group is reportedly considering the monetisation of select real estate assets…
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  • Business

China bans major chip maker Micron from key infrastructure projects

  • May 22, 2023
China says products made by US memory chip giant Micron Technology are a national security risk. The country’s cyberspace regulator announced on Sunday that America’s biggest maker of memory chips…
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  • Business

Relief For Startups! Centre Relaxes Tax Norms For Angel Investors | How Will The Move Impact Foreign Investments – Details

  • May 21, 2023
The Government of India recently made amendments to the Finance Act of 2023, introducing changes to tax regulations concerning angel investors. These changes are aimed at extending the criteria for…
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10 most powerful billionaires in Asia – net worths, ranked: from India’s Gautam Adani and Mukesh Ambani, to Uniqlo’s Tadashi Yanai, Alibaba’s Jack Ma and Hong Kong’s ‘Superman’ Li Ka-shing

  • May 21, 2023
LVMH’s Bernard Arnault, Tesla’s Elon Musk and Amazon’s Jeff Bezos are the top 3 richest people on earth, but in Asia, Nongfu Spring’s Zhong Shanshan and Tencent’s Pony Ma Huateng…
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  • Business

BYJU’S challenges lenders’ unrealistic terms amid contract renegotiations

  • May 20, 2023
New Delhi, In a determined pursuit of a fair resolution, education technology giant BYJU’S finds itself pushing back against “unrealistic and unacceptable terms” made by its US lenders of Term…
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RBI board approves transfer of Rs 87,416 crore as dividend to govt for 2022-23

  • May 20, 2023
According to the Budget announcement, the government had expected to receive Rs 48,000 crore in dividend from the central bank and state-owned lenders in 2022-23 The Reserve Bank of India’s…
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  • Business

6 reasons why RBI withdrawing ₹2,000 notes is a good move, explains former CEA

  • May 20, 2023
Former CEA Dr Krishnamurthy Subramanian said in most of the raids ₹2000 notes are recovered as the denomination is being primarily used to hoard money. Dr Krishnamurthy Subramanian, who was…
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Adidas to start selling stockpile of Yeezy sneakers later this month

  • May 20, 2023
Adidas said Friday that it will begin selling its more than $1 billion worth of leftover Yeezy sneakers later this month, with the proceeds to be donated to various anti-racism…
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  • Business

RBI withdraws Rs 2,000 notes from circulation, asks all to exchange or deposit them by Sept 30

  • May 20, 2023
THE RESERVE Bank of India (RBI) Friday announced the withdrawal of its highest value currency note, Rs 2,000, from circulation, adding that the notes will continue to be legal tender.…
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  • Business

WHO recommends new COVID shots should target only XBB variants

  • May 19, 2023
A World Health Organization (WHO) advisory group on Thursday recommended that this year’s COVID-19 booster shots be updated to target one of the currently dominant XBB variants. New formulations should…
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  • Business

Amazon To Invest $12.7 Billion In Cloud Infrastructure In India

  • May 18, 2023
Amazon Web Services said it plans to invest ₹ 1,05,600 crore (USD 12.7 billion) in cloud infrastructure in India and added its long-term commitment in the country will reach ₹…
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  • Business

Big Paydays for Media’s Big Chiefs: CEO Compensation Stays High Even in Hard Times

  • May 18, 2023
Economists are fretting about a recession. Media stocks are in the toilet. Layoffs are being enacted monthly as a spirit of cut, cut, cut grips Hollywood and Silicon Valley. Oh,…
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  • Business

‘Systemic risk’: Zerodha’s Nikhil Kamath flags the big problem with G-Secs

  • May 18, 2023
Zerodha’s Nikhil Kamath says India is inviting trouble by allowing government securities be considered as cash on margin loans, which US doesn’t permit Nikhil Kamath, co-founder of stock broking firm…
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  • Business

Asia is spending big to battle low birth rates – will it work?

  • May 17, 2023
Falling birth rates are a major concern for some of Asia’s biggest economies. Governments in the region are spending hundreds of billions of dollars trying to reverse the trend. Will…
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  • Business

Ex-Silicon Valley Bank CEO defends record, regulators vow tougher supervision

  • May 17, 2023
The former chief executive of Silicon Valley Bank defended the U.S. lender’s efforts to manage risk in his first public comments after the bank’s shock collapse, as regulators promised better…
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  • Business

Tata Motors in top gear, JLR to drive growth in FY24

  • May 16, 2023
Tata Motors is driving in top gear, thanks to a strong performance by its British subsidiary Jaguar Land Rover (JLR) alongside robust execution across segments in its domestic business. It…
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  • Business

Unique ID now mandatory for doctors; all you need to know about the National Medical Register

  • May 15, 2023
The ethics board of the National Medical Commission will generate the unique ID and grant the practitioner registration and the eligibility to practice medicine in India. All doctors will have…
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  • Business

Best large US cities to start a business in 2023

  • May 15, 2023
The decision on where to start a business in the U.S. can be a determining factor in a startup’s success given how greatly locales can differ when it comes to…
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  • Business

How TikTok sensation Squishmallows found Warren Buffett

  • May 14, 2023
Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok. For Judd and Laura…
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  • Business

Daily Voice | This research head sees smallcap as a good space to invest in

  • May 14, 2023
Ajay Modi, vice president, research, Piper Serica, sees value in textile exporters, wood-panel companies, small banks, NBFCs and hospitality Ajay Modi, vice president-research, Piper Serica, thinks this is a good…
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  • Business

Adani Enterprises, Adani Transmission: Two Adani Group firms together to raise up to Rs 21,000 cr via QIP

  • May 14, 2023
Adani Transmission said its board approved a plan to raise up to Rs 8,500 cr from the stock market while Adani Enterprises said it will raise up to Rs 21,000…
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  • Business

Google co-founders gain $18 billion as AI boost lifts stock

  • May 13, 2023
By Biz Carson Google’s co-founders are reaping the rewards of the artificial intelligence frenzy, adding more than $18 billion to their combined wealth as the company unveiled a revamped search…
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  • Business

Indian edtech giant Byju’s raises $250 million, on track to close another $700 million

  • May 13, 2023
Byju’s has raised $250 million in fresh funding and is close to securing an additional $700 million, two people familiar with the matter told TechCrunch, as the Indian edtech giant…
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  • Business

Is Linda Yaccarino of NBCUniversal the New Twitter CEO Found by Elon Musk?

  • May 12, 2023
Twitter CEO Elon Musk said on Thursday that he has found a new chief executive for the social media platform and its newly named X Corporation parent. Musk, who announced…
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  • Business

SpiceJet may follow Go First’s route, as creditor calls for it to be declared insolvent

  • May 9, 2023
SpiceJet tried to allay fears by calling it a normal course of action and added that the firm didn’t face any adverse ruling. In an unexpected turn of events, Go…
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  • Business

Apple sells $5.25 billion in five-part dollar bond sale

  • May 9, 2023
Apple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week. The Cupertino, California-based company sold bonds…
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US-based Invesco slashes Swiggy’s valuation to $5.5 billion

  • May 9, 2023
US-based investment firm Invesco has slashed foodtech giant Swiggy’s valuation to about $5.5 billion, according to a recent filing. Just a month ago, Invesco valued the company at about $8…
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  • Business

Does ONDC offer food cheaper than Zomato, Swiggy? Here’s what we know

  • May 9, 2023
Several posts comparing the prices of food orders on ONDC and Swiggy, Zomato have been making rounds on social media in the past week. India’s online food delivery market is…
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  • Business

Seven US senators raise concerns about Tesla use of forced arbitration clauses

  • May 9, 2023
A group of seven U.S. senators on Monday questioned Tesla Inc’s (TSLA.O) use of forced arbitration clauses in employee and consumer contracts, arguing that they prevent bringing discrimination claims and…
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Recent Posts

  • Will only contest 2024 polls from Mathura: Hema Malini
  • Prince Harry Blasted for ‘Wasting Court Time’ as He Fails to Show Up at His Own Trial
  • Activist wants to send body parts to people when she dies – the King will get some of her neck
  • RAGING VLAD Russia stages massive war games with 100 warships & scrambles two nuke bombers off Scotland in warning to Nato
  • Russia, Ukraine face off at World Court over MH17 airliner downing
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Warren Buffett faults handling of bank failures, upbeat on U.S., Berkshire

  • May 7, 2023
Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring “turmoil” to the financial system, even as he…
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WHO declares end to COVID global health emergency

  • May 6, 2023
The World Health Organization ended the global emergency status for COVID-19 on Friday more than three years after its original declaration, and said countries should now manage the virus that…
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  • Business

Meesho to fire 251 employees, says it made judgement errors in over-hiring ahead of the curve

  • May 5, 2023
Meesho founder and CEO Vidit Aatrey said an email to staffers that it is now faced with the hard truth of aligning people costs with the new projections for business.…
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AI Decision-Making in Hollywood Is Already Here, Now What?

  • May 5, 2023
Chat bots and AI-generated videos show the possibility of the tech. But more insidious are the black box algorithms that decide what’s popular — directly influencing which stories to tell…
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WHO experts to weigh whether world ready to end COVID emergency

  • May 5, 2023
A panel of global health experts will meet on Thursday to decide if COVID-19 is still an emergency under the World Health Organization’s rules, a status that helps maintain international…
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Go First files for insolvency, all flights suspended for two days

  • May 3, 2023
The budget carrier has also filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi. Wadia Group-controlled Go First has filed for insolvency proceedings…
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Apple savings account drew in $1 billion deposits in four days

  • May 3, 2023
Apple’s high-yield savings account that offers 10 times more interest than the average bank draws in nearly $1 billion deposits in first four days – should you switch? • Apple’s…
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Here’s how to use AI to make a commercial in 3 hours, according to the guy whose creepy pizza ad grabbed the attention of Elon Musk

  • May 1, 2023
The days of expensive commercial budgets, large teams of creatives and actors putting together scenes, and time-consuming delays over visual effects will soon be over. Maybe. At a time when…
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Indian cough syrup: mystery middleman may be new clue

  • May 1, 2023
An unnamed middleman in Mumbai provided a crucial raw material used in Indian-made cough syrups that have been linked to the deaths of more than 70 children in Gambia, a…
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First Republic Bank Limps as Regulators Search for a Way Out

  • May 1, 2023
Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday. San Francisco-based First Republic has struggled since…
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Twitter co-founder Jack Dorsey says ‘It all went south’ for Elon Musk after buying the social media giant

  • May 1, 2023
The Twitter co-founder had previously supported the Tesla CEO buying the social media platform, tweeting last year that Musk was the ‘singular solution I trust’ Jack Dorsey gave his unfiltered…
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ED raids BYJU’s CEO Raveendran Byju, says he skipped several FEMA summons

  • April 30, 2023
The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU’s and its CEO and co-founder Raveendran Byju and seized “incriminating” documents…
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Why everyone in business loves India right now

  • April 30, 2023
When Tim Cook arrived in India earlier this month to open Apple’s first physical store in the country, he was welcomed like a hero. The CEO was greeted with cheers…
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Adani Cement pays back $200 mn Holcim debt, paring a $1 bn loan

  • April 29, 2023
Banks had lent $4.5 billion to Adani to finance the deal. The mezzanine loan was due for maturity in September 2024. Adani Cement Industries Ltd has reportedly pared a $1…
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Swiggy begins charging Rs 2 ‘platform fee’ per food order from users

  • April 29, 2023
Online food delivery platform Swiggy has started charging all users a “platform fee” of Rs 2 per food order, irrespective of the cart value. The company told IANS that the…
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Mitsubishi wants to be the world’s carbon broker

  • April 29, 2023
Mitsubishi wants to be the world’s biggest dealer of carbon removal credits. Keep in mind that the company has its hand in many of the most polluting industries out there…
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Meghan Markle announces new business endeavor amid royal tensions

  • April 28, 2023
Onto bigger and better things. Meghan Markle has signed for representation with Hollywood agency WME, but she won’t be back to acting any time soon. The global entertainment agency announced…
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Zuckerberg’s fortune jumps $10 billion on Meta sales rebound

  • April 28, 2023
Mark Zuckerberg’s wealth soared by more than $10 billion on Thursday, his third-biggest jump on record, after Meta Platforms Inc. surprised investors with robust first-quarter sales. Meta shares rose 14%…
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Elon Musk Ramps Up A.I. Efforts, Even as He Warns of Dangers

  • April 28, 2023
In December, Elon Musk became angry about the development of artificial intelligence and put his foot down. He had learned of a relationship between OpenAI, the start-up behind the popular…
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OpenAI previews business plan for ChatGPT, launches new privacy controls

  • April 26, 2023
OpenAI says that it plans to introduce a new subscription tier for ChatGPT, its viral AI-powered chatbot, tailored to the needs of enterprise customers. Called ChatGPT Business, OpenAI describes the…
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Twitter’s blue-check-mark drama gets stupider over the weekend

  • April 25, 2023
Many popular but unpaid accounts have their check marks restored against their will — or even despite their deaths What do Twitter’s blue check marks signify? After this weekend, it’s…
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These celebrities ‘subscribed to Twitter Blue.’ Except they’re dead.

  • April 25, 2023
Chadwick Boseman, Kobe Bryant and Anthony Bourdain are the latest celebrities to be verified under Twitter Blue, the social media platform’s paid-subscription service that allows anyone to get a blue…
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Bed Bath & Beyond files for bankruptcy protection, begins liquidation sale

  • April 24, 2023
Bed Bath & Beyond Inc (BBBY.O) filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat, and has begun a…
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Jeff Shell out as NBCUniversal CEO after probe into inappropriate relationship

  • April 24, 2023
NBCUniversal Chief Executive Jeff Shell is leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation, parent company Comcast Corp (CMCSA.O)…
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CNBC Stock Analyst Drops Brutal Rant On Elon Musk’s Business Problems: He’s ‘Entering the Endgame’

  • April 24, 2023
CNBC’s Fast Money discussed the fundamental’s of Elon Musk’s three major businesses on Thursday evening, focusing on the large dip Tesla’s stock has taken since late March. Panelist Dan Nathan,…
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Over 5,000 km in 36 hours across 7 Indian cities: PM Modis jam-packed schedule for April 24, 25

  • April 23, 2023
PM’s visit is expected to address important issues in each of the regions where he’ll inaugurate key developmental projects Prime Minister Narendra Modi is set to embark on a two-day…
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Arcelor Mittal Nippon Steel willing to set up plant in Konkan, plans to invest ₹80,000 crore

  • April 23, 2023
The company has sought 5000 acres of suitable land in Konkan and has shown interest in investing Rs 80,000 crore in the state. Arcelor Mittal Nippon Steel (AMNS), a joint…
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Elon Musk’s Starship explodes minutes after first test flight’s liftoff

  • April 21, 2023
SpaceX’s next-generation Starship spacecraft exploded minutes after liftoff in an uncrewed test flight from South Texas on Thursday, cutting short a key step in Elon Musk’s development of a rocket…
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Microsoft kicks Twitter in the teeth

  • April 20, 2023
Microsoft is dropping Twitter from its advertising platform next week, nearly two months after Twitter announced that it will begin charging a minimum of $42,000 per month to users of…
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Vedanta to start building Gujarat chip plant after October

  • April 19, 2023
A semiconductor plant comes out with a large semiconductor disc, which is then processed to make electronic chips. Vedanta group is expecting to start building its Rs 1.5 lakh crore…
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Recent Posts

  • Will only contest 2024 polls from Mathura: Hema Malini
  • Prince Harry Blasted for ‘Wasting Court Time’ as He Fails to Show Up at His Own Trial
  • Activist wants to send body parts to people when she dies – the King will get some of her neck
  • RAGING VLAD Russia stages massive war games with 100 warships & scrambles two nuke bombers off Scotland in warning to Nato
  • Russia, Ukraine face off at World Court over MH17 airliner downing
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  • Business

New York ranked wealthiest city on the planet with 340,000 millionaires

  • April 19, 2023
US and China dominate the list of cities that are home to the world’s super rich, report says New York City is home to the world’s highest concentration of resident…
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EY cuts 3,000 jobs in US blaming ‘overcapacity’

  • April 18, 2023
Accounting giant Ernst & Young is cutting 3,000 jobs in the US, citing “overcapacity” in parts of the company. The announcement comes days after the firm called off plans to…
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Germany examining Chinese components in its 5G network, interior minister says

  • April 16, 2023
Germany’s Interior Ministry is examining all Chinese components that are already installed in the country’s 5G network, Minister Nancy Faeser was quoted as saying on Sunday, as Berlin re-evaluates its…
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Crypto issue requires immediate attention says FM Sitharaman

  • April 15, 2023
Finance Minister Nirmala Sitharaman emphasised that crypto assets is an issue that requires immediate attention from the G20 and the response has to ensure that they do not lose any…
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What Deductions Can Salaried Employees Avail While Filing Income Tax Returns? Take A Look

  • April 14, 2023
Income Tax Benefits For Salaried Employees Filing ITR: There are certain deductions that any salaried employee can avail of while filing their income tax returns. There are certain deductions like…
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After SACKING 19,000 Employees, Accenture Takes BIG Decision. DEETS HERE

  • April 12, 2023
Accenture Jobs: Taking to Linkedin, the IT major has posted multiple job vacancies, including services marketing executive partner, media relations – capital markets, analyst relations writer specialist, and more Accenture…
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UK to be one of worst performing economies this year, predicts IMF

  • April 12, 2023
The UK is set to be one of the worst performing major economies in the world this year, according to the International Monetary Fund (IMF). It says the UK economy’s…
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DGCA issues advisory to airlines after London-bound flight takes mid-air U-turn

  • April 11, 2023
The Directorate General of Civil Aviation (DGCA), on Monday, issued an advisory to airlines reiterating the existing provisions in place to deal with unruly passengers. The advisory came on the…
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Gold, silver in green; Check prices in Mumbai, Delhi, Chennai, Kolkata

  • April 11, 2023
In Mumbai, Kolkata and Hyderabad 10 grams of 22-carat gold is at Rs 55,390 and 24-carat gold at Rs 60,420. Gold and silver prices on Tuesday traded in green on…
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Elon Musk’s ad problems

  • April 11, 2023
Elon Musk travels to Miami later this month in an effort to mollify advertisers as he grapples with the reality of a traditional, difficult, media business. He will face a…
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Tesla to build Shanghai factory to make Megapack batteries

  • April 10, 2023
Tesla Inc is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack factory in California, the company said in…
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Steve Bannon Issues Stark Warning About Elon Musk

  • April 9, 2023
Former Trump adviser Steve Bannon issued a series of stark criticisms of Elon Musk, highlighting his financial ties to China. Musk, the CEO of electric car giant Tesla and the…
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Tesla hit with class action lawsuit over alleged privacy intrusion

  • April 9, 2023
A California Tesla owner on Friday sued the electric carmaker in a prospective class action lawsuit accusing it of violating the privacy of customers. The lawsuit in the U.S. District…
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India and China to account for half of global economic growth in 2023, says IMF chief

  • April 7, 2023
The IMF chief on Thursday said that the world economy is expected to grow at less than 3 per cent this year, with India and China expected to account for…
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Why blockchain is not only about crypto and digital currencies

  • April 7, 2023
From storing data in a digital decentralised ledger to simplifying documentation, Blockchain has come a long way. According to the Business Research Company, the global blockchain services market is projected…
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Report: Tesla workers shared sensitive images recorded by customer cars

  • April 7, 2023
By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin LONDON/SAN FRANCISCO (Reuters) – Tesla Inc assures its millions of electric car owners that their privacy “is and will always be enormously…
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Gold prices rally ₹1,025 to touch life-time high of ₹61,080 per 10 grams

  • April 6, 2023
Aided by a weakening greenback and plunging treasury yields, gold prices zoomed on Wednesday. In the domestic markets, as measured by spot prices in the national capital, gold price rallied…
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RBI set to raise rates by 25 bps on elevated inflation, keep hawkish stance

  • April 6, 2023
The Reserve Bank of India (RBI) is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and leave the door open for more increases to…
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Fortune of world’s richest person Bernard Arnault tops $200bn

  • April 6, 2023
LVMH chair becomes only third person – after Elon Musk and Jeff Bezos – to ever amass such wealth The fortune of Bernard Arnault, the world’s richest person, has topped…
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Ambani regains Asia’s richest person spot: Forbes

  • April 5, 2023
Mukesh Ambani has regained his spot as Asia’s richest person after rival Gautam Adani tumbled to No. 24, Forbes said in its Billionaire 2023 list released on Tuesday. “Adani was…
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