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Over 80% of working professionals plan to upskill this year: Report

Published on Jun 24, 2024 08:36 PM IST

The intent to upskill this year was highest among professionals from manufacturing, engineering, capital goods, and BFSI.

Representational (Getty Images/iStockphoto)
By | Edited by Abhyjith K. Ashokan

Raghuram Rajan warns of fake videos of him: ‘I do not give investment advice’

Raghuram Rajan, the 23rd governor of the RBI and distinguished professor at the University of Chicago Booth School of Business warned of fake videos of him.

Former Governor of Reserve Bank Of India (RBI) Raghuram Rajan (Mohd Zakir/HT)
Updated on Jun 24, 2024 09:01 PM IST
By | Edited by Abhyjith K. Ashokan

What is at stake for China-founded e-commerce giant Shein as EU rule looms

SHEIN-IPO/TECH (CORRECTED, EXPLAINER, PIX):REFILE-EXPLAINER-What is at stake for China-founded

What is at stake for China-founded e-commerce giant Shein as EU rule looms
Updated on Jun 24, 2024 07:44 PM IST
Reuters |

India's top aircraft repair & maintenance company to hold meet on pending salary

A joint forum of various unions & associations representing the company's permanent engineers has flagged concerns about long-pending revised salary payments.

AIESL is a public sector undertaking (PSU) of the govt. (Representational)
Published on Jun 24, 2024 07:44 PM IST
PTI |

Airtel in talks to buy 3% more stake in Indus Towers and merge it with Nxtra

The telecom sector is looking at a series of tariff hikes and Indus Towers being India’s largest tower infrastructure provider is a big beneficiary.

A Bharti Airtel office building is pictured in Gurugram on the outskirts of New Delhi (Reuters)
Published on Jun 24, 2024 07:20 PM IST
By | Edited by Abhyjith K. Ashokan

AI companies race to adapt chatbots to India’s many languages

Microsoft, Google, & startups like Silicon Valley-backed Sarvam AI and Krutrim, are working on AI voice assistants & chatbots in languages like Hindi & Tamil.

Artificial Intelligence words are seen in this illustration (Reuters)
Published on Jun 24, 2024 06:02 PM IST
By | Edited by Abhyjith K. Ashokan

Will make Zepto a $50 billion Indian company: Co-founder Aadit Palicha

Zepto aims a $50 billion valuation after raising $665 million from new investors including private equity firm Avenir, venture capital firm Lightspeed, & Avra.

Zepto's co-founders Kaivalya Vohra and Aadit Palicha
Published on Jun 24, 2024 04:21 PM IST
By | Edited by Abhyjith K. Ashokan

Raghuram Rajan on fake videos in his name on investments: ‘Please disregard…’

Raghuram Rajan, former Governor of the Reserve Bank of India, urged people to not fall for the videos circulating in his name on investments.

Raghuram Rajan served as the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016.(Reuters photo)
Updated on Jun 24, 2024 04:13 PM IST

Falcon Technoprojects IPO allotment to be finalised today: Steps to check status

For those who have been allotted the shares, you will receive them in your demat accounts on June 25.

The listing date for Falcon Technoprojects IPO is scheduled for June 26. If you have applied for the IPO, you can check the allotment status online on the website of the IPO registrar, Kfin Technologies Ltd.
Published on Jun 24, 2024 03:19 PM IST

Eight cars Elon Musk has owned that are not Teslas: One went to space

The CEO of Tesla owns, or has owned a series of cars that are not Teslas, despite building the fastest growing electric car company in the world.

Elon Musk speaks during a delivery event for Tesla China-made Model 3 cars at its factory in Shanghai, China (Reuters)
Published on Jun 24, 2024 02:55 PM IST
By | Edited by Abhyjith K. Ashokan

Akme Fintrade India IPO allotment: How to check application status

Akme Fintrade India IPO received bumper response as it opened for bidding on June 19 and closed on June 21. The price band of the IPO is ₹114-120 per share.

Akme Fintrade India IPO allotment: For those who have applied for the IPO, you can check the allotment status online.
Published on Jun 24, 2024 02:53 PM IST

Karan and Jeet Adani wish Gautam Adani on birthday: ‘Each day spent with you…'

Billionaire Gautam Adani turned 62 on Monday. His sons, Karan Adani and Jeet Adani, shared birthday wishes for their father.

Gautam Adani has two sons, Karan Adani and Jeet Adani.(X/@jeet_adani1 and @AdaniKaran)
Updated on Jun 24, 2024 03:03 PM IST

Watch: SpaceX rocket lights up the sky at Horizon music festival in California

As the headliner of the show- Tiesto- was preparing to take the stage, the rocket's ascent was seen by thousands of festival-goers.

The launch took place from Vandenberg Space Force Base on California's Central Coast and coincided with the first day of the two-day electronic dance music festival.
Updated on Jun 24, 2024 02:08 PM IST

Prosus writes off investment in Byju’s, records a loss of $493 million

Tech investor Prosus said in its FY24 annual report that it held a 9.6 per cent effective stake in Byju's before the company's rights issue.

Byju's logo is seen in this illustration.(Reuters)
Updated on Jun 24, 2024 01:55 PM IST

Apple's App Store terms break EU tech rules, EU regulators say: Billions in fine

Developers cannot provide pricing information within the app or communicate with customers to promote offers available on alternative distribution channels.

Apple's logo is seen in this illustration (Reuters)
Published on Jun 24, 2024 01:46 PM IST
By | Edited by Abhyjith K. Ashokan

Satya Nadella stepped in to solve big AI ‘chip feud’ between Nvidia, Microsoft

Nvidia CEO Jensen Huang has maintained a tight control over how chips are allocated and installed which led to a fight with Microsoft.

Microsoft Chairman and Chief Executive Officer Satya Nadella speaks during the Microsoft Build opening keynote at the Seattle Convention Center Summit Building in Seattle, Washington.(AFP)
Published on Jun 24, 2024 01:39 PM IST

Why is Sebi investigating Quant Mutual Fund and what is front-running

Front-running is an illegal practice in which an intermediary uses advance knowledge of a large pending mutual fund transaction to make personal trades.

Front-running can impact investors as it results in the stock price to move against the interests of the investor.
Updated on Jun 24, 2024 09:02 PM IST

Neuralink’s first human patient Noland Arbaugh says his brain chip can be hacked

Hacking my brain implant wouldn't do much, Noland Arbaugh asserted, adding, "You might be able to see like some of the brain signals.

In January, Neuralink implanted its device in the brain of Noland Arbaugh, its first patient.(Neuralink)
Published on Jun 24, 2024 12:26 PM IST

Jensen Huang praises Ilya Sutskever who left OpenAI: ‘Began AI revolution’

Nvidia's Jensen Huang praised Ilya name-dropped Sutskever and two other renowned computer scientists for their work.

Nvidia CEO Jensen Huang present NVIDIA Blackwell platform at an event ahead of the COMPUTEX forum, in Taipei, Taiwan.(Reuters)
Published on Jun 24, 2024 11:46 AM IST

Kotak Mahindra Bank to add up to 200 branches in FY25: Official

In April, the Reserve Bank of India (RBI) stopped Kotak from adding new customers via its online and mobile banking channels, and from issuing new credit cards.

A man walks past the Kotak Mahindra Bank branch in New Delhi, India.(Reuters)
Published on Jun 24, 2024 11:19 AM IST
Reuters |

Gautam Adani tells shareholders at AGM: ‘Hindenburg report was vague criticism'

Gautam Adani said that Hindenburg's scathing report last year was a “vague criticism”.

Adani group chairman Gautam Adani.(ANI)
Updated on Jun 24, 2024 11:47 AM IST

Hero MotoCorp to increase two-wheeler prices from July 1

The price revision will be up to ₹1,500, the company said in a BSE filing, adding that the exact quantum of increase would vary by specific model and market.

Customers look at a Hero MotoCorp Karizma motorbike at a Hero MotoCorp showroom.(Reuters)
Updated on Jun 24, 2024 10:58 AM IST

Groww user says money debited but not invested, platform responds

This prompted a clarification from the platform and refund of the customer's money as the user alleged that Groww generated a false folio number.

The customer alleged in a social media post that the Groww app did not make investment into a mutual fund scheme despite taking the money.
Updated on Jun 24, 2024 10:49 AM IST

Markets tumble in early trade: Sensex down 140 points, Nifty at 23,450

The 30-share BSE Sensex declined 463.96 points to 76,745.94. The Nifty dropped 149.6 points to 23,351.50.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Jun 24, 2024 10:25 AM IST

This Bengaluru startup fired 80% of its employees after failing to secure funds

The company has been downsizing its operations since last year and had 500 employees in January 2023 which reduced to around 100 by the end of the year.

ReshaMandi was founded in 2020 and raised over $40 million in equity funding from investors like Creation Investments, Omnivore, Venture Catalysts, and others.
Updated on Jun 24, 2024 08:52 PM IST

Quant Mutual Fund faces Sebi probe in front-running case, issues clarification

A search and seizure operation was conducted at locations in Mumbai and Hyderabad and Quant dealers and people connected with the case were questioned.

SEBI logo outside the regulators’s office.
Updated on Jun 24, 2024 09:53 AM IST

SBI plans to open 400 branches in FY25: Chairman Dinesh Khara

SBI- country's biggest lender- opened 137 branches last fiscal. Of the total, 59 new rural branches were launched.

SBI chairman Dinesh Kumar Khara is seen.
Updated on Jun 24, 2024 01:39 PM IST
PTI |

Budget 2024 Highlights: Nirmala Sitharaman chairs several pre-budget meets

Budget 2024 Highlights: Nirmala Sitharaman is likely to table the Union Budget 2024-25 in the third week of July.

live Budget 2024 Highlights: Union finance minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, at the National Media Center in New Delhi.
Updated on Jun 24, 2024 08:50 PM IST
By, Abhyjith K.A

Afraid of making mistakes while filing ITR? Top tips for error-free filing

ITR filing: Make sure that personal details that you enter like PAN number, name and address are accurate as failing to do so can lead to rejection.

ITR filing: Always re-check all the bank details that you enter in order to be eligible for any refunds that may be directed to your bank account.
Published on Jun 24, 2024 09:10 AM IST

Mark Zuckerberg wears 1 lakh T-shirt on Ibiza vacation with wife

Mark Zuckerberg paired the knit designer shirt with reflective sunglasses and dark blue shorts.

Mark Zuckerberg sported a $1,150 Balmain t-shirt on vacation in Ibiza with his wife.
Published on Jun 24, 2024 08:57 AM IST
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