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Business
Apple to resume sale of new Watches in US sans blood oxygen features
18 Jan 2024 12:16 PM IST
San Francisco, Jan 18: Apple is resuming sale of its Watch Series 9 and Watch Ultra 2 from Thursday (US time) without blood oxygen features amid a patent infringement dispute. The revised watches will be available on Apple’s website and its retail stores, reports The Verge. “Apple Watch Series...
Business
'Amazon fired me': Employee loses job who worked for 7 yrs over TikTok video
18 Jan 2024 12:14 PM IST
San Francisco, Jan 18: An Amazon employee, who worked for the company for seven years, claimed that he was fired because he shared a video on TikTok in which he jokingly asked customers to stop ordering heavy items as he was tired of lifting them. TikToker @thatamazonguyy, whose first name...
Business
K'taka signs MoU worth Rs 22,000 cr with Microsoft, six cos on Day 2 in Davos
17 Jan 2024 12:15 PM IST
Bengaluru, Jan 17: The delegation from Karnataka, headed by Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, has signed MoUs worth Rs 22,000 crore with Microsoft and six companies on Day 2 at the World Economic Forum Davos 2024 He engaged in a series of...
Business
WEF Centre for 4th Industrial Revolution to be launched in Hyderabad
17 Jan 2024 12:14 PM IST
Hyderabad, Jan 17: The World Economic Forum-Telangana Centre for the Fourth Industrial Revolution (WEF-C41R) will be launched during BioAsia 2024 here next month. To be jointly set up by the World Economic Forum (WEF) and the Telangana government, it will be the world’s first thematic centre...
Business
Sensex sinks more than 1,000 points
17 Jan 2024 12:12 PM IST
New Delhi, Jan 17: BSE Sensex plunged more than 1,000 points on Wednesday led by losses in HDFC Bank. Sensex is down 1,044 points at 72,084 points. HDFC Bank plunged 6 per cent after its results and several bank stocks are also down. Kotak Mahindra is down more than 2 per cent, Tata Steel is...
Business
Adani Group to invest Rs 12,400 crore in Telangana
17 Jan 2024 12:10 PM IST
Hyderabad, Jan 17: Adani Group has announced an investment worth Rs 12,400 crore in Telangana across multiple businesses, the Telangana government said on Wednesday. Chief Minister A. Revanth Reddy met with Adani Group Chairman, Gautam Adani at the World Economic Forum (WEF) in Davos. The...
Business
RBI not thinking of moving towards de-dollarisation: Governor Das
17 Jan 2024 12:09 PM IST
Davos, Jan 17: Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move towards de-dollarisation as the efforts of the central bank towards internationalisation of the rupee are not aimed at replacing the dollar. “There is no such thinking to...
Business
Rupee edges up against US dollar
12 Jan 2024 1:02 PM IST
Mumbai, Jan 11: The rupee edged up by 2 paise vis-a-vis the US dollar to close at 83.01 on Thursday, making it the seventh consecutive day of gain for the Indian currency. Lower crude oil prices in the global market and sustained buying of equity in the stock markets by foreign funds has helped...
Business
LIC receives Income Tax demand order of Rs 3,528 crore
12 Jan 2024 1:02 PM IST
New Delhi, Jan 11: Life Insurance Corporation of India has received orders for Rs 3,528 crore from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai. "Corporation shall file an appeal before Commissioner (Appeals), Mumbai against the said...
Business
Embracing the ‘eXtra’, HONOR's X series set to make waves in India
12 Jan 2024 1:00 PM IST
New Delhi, Jan 12: In the ever-evolving dynamics of the smartphone industry, HONOR stands as a true game-changer. The debut of the eagerly awaited X series will mark another chapter in Honor's legacy of innovation. With an unwavering commitment to pushing the boundaries of mobile technology and a...
Business
SAP elevates Kulmeet Bawa to global role for its business technology platform
12 Jan 2024 1:00 PM IST
New Delhi, Jan 12: Cloud software major SAP on Friday announced to elevate Kulmeet Bawa, President and Managing Director for the Indian Subcontinent, to a global role as the Chief Revenue Officer, SAP Business Technology Platform (SAP BTP). In his new role, Bawa will be responsible for driving...
Business
Amazon-owned Audible lays off over 100 employees
12 Jan 2024 12:58 PM IST
San Francisco, Jan 12: Amazon-owned audiobook and podcast division Audible is laying off 5 per cent of its staff, more than 100 employees, as part of overall job cuts at the e-commerce giant. After laying off hundreds of employees at Twitch, Prime Video and MGM Studios this week, Amazon is also...
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