New Delhi: Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000 employees in the last fiscal year (FY24). Infosys, Tata Consultancy Services (TCS), Wipro and Tech Mahindra, among others,...
New Delhi: As Meta (formerly Facebook) continues to bet big on gaming, it has lost close to $4 billion on its augmented reality/virtual reality (AR-VR) division. The Mark Zuckerberg-run company showed continued losses in its AR/VR Reality Labs division in its latest quarterly results. The...
New Delhi: The country’s leading carmaker Maruti Suzuki India Ltd Friday reported a 48 per cent jump in net profit to Rs 3,878 crore for the January-March quarter of 2023-24 compared to the same quarter of 2022-23. The company declared its highest-ever dividend of Rs...
Life does not always operate on a schedule, and most unexpected needs are not a part of the plan. While not everyone has a solid emergency fund, an instant personal loan comes as a rescue in those times. In the current digital era, securing a...
Mumbai: Market benchmarks Sensex and Nifty wilted under selling pressure Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further...
New Delhi: Deloitte India Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led...
New Delhi: Led by artificial intelligence (AI), Internet of Things (IoT) and neuro-technology, India witnessed 83,000 patents being filed by deep-tech startups in FY2023, marking an annual growth rate of 24.6 per cent which is highest since the last two decades, a Nasscom report showed...
Washington: The United States slapped Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military. The US Department of Treasury said these companies, individuals and vessels have played...
Mumbai: The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the lender Wednesday from taking new customers online and issuing fresh credit cards with immediate effect. According to reliable sources, Chief Executive Officer and MD Ashok Vaswani has in...
Islamabad: Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country. Posing tough questions during an hour-long meeting at the...
In the middle of the Lok Sabha elections frenzy, the Haryana government finds itself tangled in a peculiar accusation of...
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China finds itself in a bind for its tacit support to Russia in its war against Ukraine. As the conflict...
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Despite the relentless stream of bad news from around the world, there are still reasons for optimism. One notable example...
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An investigative report published recently by Public Eye, a Switzerland-based non-governmental organisation, has revealed disconcerting findings on infant food products...
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