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Economy
NCLAT upholds CCI ruling, directs Amazon to pay Rs 200 cr penalty
New Delhi: The National Company Law Appellate Tribunal on Monday upheld the December 2021 order of the Competition Commission of India (CCI) that suspended its earlier order approving Amazon's deal with Future Coupons, a Future Group!-->…
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Nearly 1 in 2 Indian software developer plan to quit job this year
New Delhi: About 44 per cent of developers based in India are considering leaving their job this year compared to 42 per cent globally, according to a report.
The report by DigitalOcean Holdings, the cloud for developers, startups and!-->…
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Reliance Infra to receive Rs 595 cr From DVC by July end
Mumbai: Reliance Infrastructure Limited (Reliance Infra) is set to receive a sum of Rs 595 crore from Damodar Valley Corporation (DVC) by July 31.
Pursuant to an order passed by the Supreme Court on May 31, Chairman, DVC has furnished an!-->…
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Bitcoin, Ethereum crash to record low amid crypto winter
New Delhi: The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low.
The world's largest cryptocurrency further tanked 7 per cent over fears of risk-off!-->…
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Indices tumble in opening session as high inflation in US trigger selloff
New Delhi: Domestic equity indices extended their losses from the previous week and tumbled even sharply on Monday as high inflation in the US triggered possibilities of even more aggressive policy tightening by the Federal Reserve.
With!-->…
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Binny Bansal sells Flipkart stake to Tencent as China hardens border position
New Delhi: Flipkart Co-founder Binny Bansal has sold his stake worth $264 million (more than Rs 2,000 crore) in the homegrown e-commerce platform to Chinese Internet giant Tencent, at a time when the neighbouring country has once again!-->…
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Top 100 global firms’ market cap reaches $31.7 tn, Apple leads
New Delhi: The market capitalisation of the top 100 companies globally increased from $10.3 trillion to $31.7 trillion, an increase of 48 per cent, from March 2020 till March 2021, a new report said on Sunday.
Apple topped the list with!-->…
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US-based e-scooter giant Bird lays off 23% of employees
San Francisco: US-based electric scooter and micromobility giant Bird has reportedly let go 23 per cent of its employees in its latest round of layoffs, media reports say.
While tech layoff tracker Layoffs.fyi attributes the news of the!-->…
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‘Wheat farmers gained more in open market than MSP value’
New Delhi; The Ministry of Consumer Affairs, Food and Public Distribution said on Friday that the wheat farmers across the country benefited more in this season as majority of them sold their produce to the private traders at a higher!-->…
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Indices slump sharply on global cues, Sensex tumbles over 1,000 pts
New Delhi: Domestic equity benchmark indices declined further as the session progressed and settled sharply lower on Friday, triggered by strong sell-off in global equities.
With Friday's slump, the indices have declined for the five!-->…
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