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Business
Kashmir cricket bat makers sue Shark Tank India, Tramboo Sports over 'false...
7 Feb 2024 11:41 AM IST
Srinagar, Feb 7: The Cricket Bat Manufacturers Association of Kashmir (CBMAK) has sued Sony Entertainment Television, Shark Tank India and Tramboo Sports for alleged business loss and mental agony. Fawazul Kabir of the CBMAK told reporters that during an episode of Shark Tank India, aired on...
Business
Leading Wi-Fi solutions provider Netgear appoints new CEO
7 Feb 2024 11:39 AM IST
New Delhi, Feb 7: Global networking company Netgear on Wednesday appointed Charles (CJ) Prober as its CEO. Prober succeeds Patrick C.S. Lo, who is retiring from his position as CEO and Chairman of the board. Prober will also join Netgear’s board of directors and Lo will remain as a strategic...
Business
Microsoft to skill 2 mn Indians in AI, to further invest in country: Satya...
7 Feb 2024 11:38 AM IST
Bengaluru, Feb 7: Microsoft Chairman and CEO Satya Nadella on Wednesday announced that the company will train more than two million people in India in generative AI skills, to address talent shortage in the AI era. Addressing an event here, Nadella said that making sure that youth has the...
Business
Meta expands 'Take It Down' programme to help teens fight sextortion
7 Feb 2024 11:37 AM IST
New Delhi, Feb 7: Meta (formerly Facebook) has worked with the US National Center for Missing & Exploited Children (NCMEC) to expand the 'Take It Down' programme to more countries and languages to help millions of teens combat sextortion. "Take It Down is a programme designed to help teens...
Business
US stocks fall after Fed Chair Powell says central bank not yet ready to cut...
6 Feb 2024 11:35 AM IST
New York, Feb 5: US stocks fell on Monday after Federal Reserve Chair Jerome Powell said on Sunday that the central bank is not ready to cut interest rates yet, a media report said. “We want to see more evidence that inflation is moving sustainably down to 2 per cent. Our confidence is rising. We...
Business
Indian toy makers get $10 mn worth export orders at global fair in Germany
6 Feb 2024 11:33 AM IST
New Delhi, Feb 5: Indian toy makers, who participated in the five-day international toy fair at Nuremberg in Germany, claim to have received huge orders worth more than $10 million, the Union Commerce Ministry said on Monday. According to the toy exporters, buyers from countries such as the US,...
Business
Govt rakes in Rs 600 crore as penalties from taxpayers’ delay in PAN-Aadhar link
6 Feb 2024 11:33 AM IST
New Delhi, Feb 5: The government has collected over Rs 600 crore as penalties from persons who failed to meet the deadline for linking their PAN with their Aadhaar card, the Parliament was told on Monday. Minister of State for Finance Pankaj Chaudhary told the Lok Sabha, in a written reply, that...
Business
Adani Total Gas inks pact with INOXCVA to strengthen LNG ecosystem in India
6 Feb 2024 11:31 AM IST
Ahmedabad, Feb 5 : Adani Total Gas Ltd (ATGL), India's leading city gas distribution company and INOX India Ltd (INOXCVA), one of the world's leading cryogenic liquid storage, have joined hands for boosting the LNG ecosystem in the country. The two leading firms entered into a mutual support...
Business
Zuckerberg overtakes Bill Gates, becomes fourth richest person in the world
6 Feb 2024 11:30 AM IST
New York, Feb 5: Meta Platforms CEO Mark Zuckerberg is now the fourth richest person in the world following a surge in Meta’s share price that has increased his net worth more than any other individual this year, a report said. In 2024 so far, Zuckerberg’s fortune has climbed by $42.4 billion,...
Business
WB Budget 2024-25: Caught between ‘dole expectations’ and ‘revenue pressure'
5 Feb 2024 12:48 PM IST
Kolkata, Feb 4: As the West Bengal Minister of State for Finance (Independent charge), Chandrima Bhattacharya, is all set to present the state budget for the financial year 2024-25 this week, economists and the people of the state are caught between expectations of a welfare budget and...
Business
Board members aware of Musk's drug use, friends told him to go to rehab: Report
5 Feb 2024 12:46 PM IST
San Francisco, Feb 5: Some board members at Tesla and SpaceX are aware of the "use of illegal drugs" by Elon Musk and regularly do drugs with him, "because they think refraining could upset the billionaire, who has made them a lot of money," the media reported. They "don't want to risk losing the...
Business
Paytm shares down at lower circuit of 10%
5 Feb 2024 12:46 PM IST
New Delhi, Feb 5:Paytm shares are locked in lower circuit of 10 per cent on BSE. The shares were down 10 per cent at lower circuit on BSE. Paytm shares were trading at Rs 438.35 down 10 per cent. One97 Communications Limited (OCL / Paytm / Company) set out the Company’s position and directly...
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