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Business & Life Style

Sensex gains 500 points led by banks

New Delhi: BSE Sensex gained 500 points on Monday led by banking stocks. Sensex was trading at 74,248 points, up by 518 points. ICICI Bank and IndusInd Bank were up more than 2 per cent…

Visionary political leadership, talented youth to help India reach $30 trillion GDP by 2047: SAP

Mumbai: A stable and visionary political leadership, young talented population, vast AI and startup community and innovations across businesses will help India reach its $30 trillion GDP growth goal by 2047, Paul Marriott, President for…

Elon Musk visits China, likely to promote Tesla’s driverless tech: Report

New Delhi: Tesla CEO Elon Musk has made an “unannounced and surprising” visit to Beijing, according to a media report on Sunday. Musk’s visit has raised hopes for bringing Tesla’s autopilot and supervised full self-driving…

Leading IT firms in India lost close to 70K employees in last fiscal year

New Delhi: Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000 employees in the last fiscal year (FY24). Infosys,…

We need time in life to stop & smell the roses: Anand Mahindra

New Delhi: Sharing a video showing scenic views from Kalsubai Peak (a mountain in Maharashtra), Mahindra Group Chairman Anand Mahindra on Saturday said that one should definitely take the time out of their busy schedule…

Won’t divest stake in TikTok: Chinese parent ByteDance tells US

New Delhi: China-based internet giant ByteDance on Friday said it will not sell its stake in TikTok as directed by the US government in a new bill passed by President Joe Biden earlier this week…

Blinkit now more valuable that Zomato’s core food business: Report

New Delhi: Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report. While Zomato’s food delivery business is valued at Rs 98 per…

Snapchat reaches 422 million daily active users globally

New Delhi: Social media platform Snapchat reached 422 million daily active users in the first quarter (Q1) this year, an increase of 39 million or 10 per cent (year-on-year). In Q1, the revenue of its…

Kotak Bank goes into damage-control mode after RBI ban

Mumbai: The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the lender on Wednesday from taking new customers online and issuing fresh credit cards with immediate effect. According to…

RBI crackdown triggers crash in Kotak Bank shares

Mumbai: Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade on Thursday to Rs 1,620 on BSE as investors dumped the stock following the RBI crackdown on the…

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