Business
Google moves Delhi HC against single-judge order directing CCI to decide ADIF's applications

Google moves Delhi HC against single-judge order directing CCI to decide ADIF's applications

25-04-2023  comments

New Delhi (IANS) Google has filed an appeal against a single-judge order of the Delhi High Court directing the Competition Commission of India (CCI) to take up the applications moved by the Alliance of Digital India Foundation (ADIF) challenging Google's…

Adobe expands India footprint, opens new office to host 2K employees

Adobe expands India footprint, opens new office to host 2K employees

24-04-2023  comments

New Delhi, (IANS) Software major Adobe on Monday announced the opening of a state-of-the-art office tower in Bengaluru that will host over 2,000 employees.

With over 7,800 employees spread across five campuses in the country, India is Adobe's…

Global consensus essential for crypto assets regulation: Sitharaman

Global consensus essential for crypto assets regulation: Sitharaman

23-04-2023  comments

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Sunday emphasised on the need for global consensus for regulating crypto assets.

Addressing a series of events in Bengaluru, she said that any kind of regulation on crypto assets would…

With last week's IT loss, markets to consolidate

With last week's IT loss, markets to consolidate

23-04-2023  comments

The week began with losses led by Infosys post its poor results and guidance for the upcoming year. Markets lost on three of the five trading sessions and gained on one. The fifth session which was the last day of the trading week remained flat.

…

PNB cautions customers about fake message circulating on digital platforms

PNB cautions customers about fake message circulating on digital platforms

22-04-2023  comments

New Delhi (IANS) The Punjab National Bank (PNB) on Saturday issued an advisory to its customers related to fraudulent messages being circulated in PNB's name.

The bank said that a fraudulent message stating "PNB's 130th Anniversary…

ED chargesheets Nava Diganta Capital Services Ltd in PMLA case

ED chargesheets Nava Diganta Capital Services Ltd in PMLA case

22-04-2023  comments

New Delhi (IANS) The Enforcement Directorate (ED) on Saturday said that they have filed a prosecution complaint before a special PMLA court in Bhubaneswar against Nava Diganta Capital Services Ltd (NDCSL), its group companies Nava Diganta Agro Industries…

India's GDP to grow at 6.2% in FY24, RBI to cut rate in Q1 2024: Morgan Stanley

India's GDP to grow at 6.2% in FY24, RBI to cut rate in Q1 2024: Morgan Stanley

21-04-2023  comments

Chennai (IANS) The full reopening of the economy last year, cyclical recovery in consumption, increased private sector capex, and acceleration on government spending will contribute for 6.2 per cent growth in India's gross domestic product (GDP)…

India's smartphone market nosedives 20% in Q1 as 2023 remains challenging

India's smartphone market nosedives 20% in Q1 as 2023 remains challenging

20-04-2023  comments

New Delhi (IANS) Amid sluggish consumer demand, the Indian smartphone market witnessed the first-ever Q1 shipment decline of 20 per cent (year-on-year), a new research has shown.

Overall, the India smartphone market saw 30.6 million unit shipments…

Twitter rival Koo lets go 30% of staff over course of the year amid global slowdown

Twitter rival Koo lets go 30% of staff over course of the year amid global slowdown

20-04-2023  comments

New Delhi (IANS) Homegrown Twitter rival Koo on Thursday said that it has let go 30 per cent of its workforce over the course of the year amid the current global meltdown.

The company told IANS in a statement that it is important for businesses…

ITC scrip touches a market cap of Rs 5 trillion and comes down

ITC scrip touches a market cap of Rs 5 trillion and comes down

20-04-2023  comments

Chennai (IANS) Diversified fast moving consumer goods major ITC Ltd having interests in cigarette, paperboards, hotels, food products reached a market capitalisation of Rs 5 trillion on Thursday.

The scrip with a face value of Re 1 opened at…

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