The Department of Telecommunications (DoT) has allocated spectrum to telecom operators, paving the way for the launch of 5G services. The letters for spectrum assignment were issued within hours of telecom operators making payments. “Spectrum […]
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel – the most used fuel in the country, officials said. The world’s […]
In Britain, the cost of living soared again in July, putting further strain on under-pressure families across the UK. Consumer Prices Index inflation (CPI) reached 10.1 percent last month, beating expectations, the Office for National […]
Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter Inc , is seeking documents from advertising technology firms as part of his quest to gain more information on […]
Mumbai (TIP)- Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffett, died here Sunday, August 14, morning. He was 62. Jhunjhunwala died early this morning due to a cardiac arrest, a […]
San Francisco (TIP)- As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have reportedly warned workers to either boost performance or prepare to leave as “there will be […]
US pharma giant Johnson & Johnson (J&J) has said that it will “discontinue” sales of its talc-based baby powder around the world from next year and will switch to an all cornstarch-based version of the […]
With global prices of crude oil, coal and fertilisers cooling off, inflation based on consumer price index (CPI) slipped below the 7% mark in July but remained above the RBI’s upper tolerance level of 6%. […]
In the context of Azadi ka Amrit Mahotsav, celebrating India’s 75th year of Independence, it is an opportune moment to examine the achievements of the past, identify the remaining gaps, and aspirations for the Indian […]
Uber Technologies is likely to sell a 7.8% stake in Indian food delivery firm Zomato through a $373 million block deal on Wednesday, according to a source familiar with the matter and a document seen […]
China halted some trade with Taiwan in retaliation to the high-profile visit of US House Speaker Nancy Pelosi to the island. China’s General Administration of Customs said in a statement Wednesday that some fish and […]
NEW DELHI (TIP)- Elon Musk, in his confidentially filed countersuit in Delaware court, relied on Twitter’s litigation in India to counter the social media giant’s claim of breach of their merger agreement by Musk. Musk […]
Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places. The nation’s biggest life insurer with revenue of USD 97.26 billion and a profit […]
Tech giants Amazon and Apple delivered forecast-topping results Thursday, offering some reassurance to an earnings period weighed down by inflation, economic turmoil and war. A crowded period of results from the world’s biggest tech firms […]
HONG KONG/BEIJING (TIP)- Billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal (WSJ) reported on Thursday, July 28, after a regulatory crackdown that scuppered its US$37 billion (S$51 billion) initial […]
HCL Technologies’ chairperson Roshni Nadar Malhotra has retained her position as the richest woman in India, with a 54% jump in her networth to Rs 84,330 crore in 2021. Falguni Nayar, who quit her investment […]
The auction of 5G spectrum for telephony services will stretch to the fourth day after 16 rounds of bidding fetched bids worth Rs 1,49,623 crore. Telecom Minister Ashwini Vaishnaw on July 28 said 16 rounds […]
New Delhi (TIP)-Asian Development Bank (ADB) has lowered the economic growth forecast for India in the current to 7.2% from its earlier estimate of 7.5% due to the impact of Covid and the Russia-Ukraine war. […]
SAN FRANCISCO (TIP)- With recession fears mounting – as well as inflation, the war in Ukraine and the lingering pandemic taking a toll – many technology companies are rethinking their staffing needs, with some of […]
Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about 75% of its holdings of the virtual token. Tesla Chief Executive Elon Musk cited concerns […]
New Delhi (TIP)- Netflix and Microsoft have announced a partnership to launch the streaming giant’s first ad-supported subscription. The development comes months after Netflix announced a new ad-supported offering amid the company’s shrinking subscriber base. […]
New Delhi (TIP)- The Indian rupee on July 15 weakened to 79.96 levels against US dollar. So far this year, the US dollar is up 7% against the Indian currency. The US dollar today was […]
The Ministry of Finance on July 13 said it has slapped a notice on Chinese mobile maker Oppo, as Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of Rs 4,389 crore against the […]
Pakistan has reached a staff-level agreement with the International Monetary Fund, a milestone that would pave the way for the release of an additional $1.2 billion in loans and unlock more funding. The IMF will […]
London (TIP)- The euro sank to a two-decade low versus the dollar on Tuesday as another surge in natural gas prices reignited worries about the health of the euro zone economy and data showed euro […]
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