Business

Paris: Pavel Durov, billionaire co-founder and chief executive of Telegram, was arrested at the Bourget airport outside Paris on Saturday evening for alleged offences related to the popular messaging app, media reports said, citing police officials Durov was travelling aboard his private jet, TF1 TV...

New Delhi: The government has reduced the drawback rates on exports of gold and silver jewellery by more than half to adjust for the significant cut in import duties on these precious metals in the Budget. A notification regarding this was issued by the Department...

New Delhi: The funding momentum for the startup ecosystem in the country continued with more than $265 million being raised via 16 deals this week. The biggest fund-raise came with omnichannel jewellery startup Bluestone securing $107.2 million in its pre-IPO round. In the fintech space,...

New Delhi: IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software. Infosys, in a statement, denied all allegations. The company asserted it is...

Bhubaneswar: Odisha had an unemployment rate of 3.9 per cent, which was higher than the national average of 3.2 per cent, Skill Development and Technical Education Minister Sampad Chandra Swain told the Assembly Friday. In a written reply to BJD MLA Dhruba Charan Sahoo, Swain...

New Delhi: Aviation regulator DGCA has imposed a penalty of Rs 90 lakh on Tata Group-owned Air India for operating a flight with non-qualified pilots. Besides, the watchdog has slapped fines of Rs 6 lakh and Rs 3 lakh on Air India's Director of Operations...

New Delhi: Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on...

Mutual fund investments have been significantly increased, thanks to SIPs. A Systematic Investment Plan, or SIP is one of the best systematic investment plans, allowing people to begin investing with small amounts. Over time, these investments help in long-term savings, allowing investors to accumulate considerable...

New Delhi: Food safety regulator FSSAI Thursday directed food businesses, including e-commerce players, to remove claims of 'A1' and 'A2' types of milk and milk products from packaging, calling such labelling misleading. The Food Safety and Standards Authority of India (FSSAI) said these claims do...

Mumbai: Equity benchmark index Sensex ticked higher Thursday to settle at 81,000 level while Nifty closed above 24,800 following buying in commodity, telecom and consumer stocks amid a firm trend in global markets. Rising for the third straight day, the 30-share BSE Sensex rose 147.89...