Multicoin Capital, a crypto venture firm, has told investors that the collapse of FTX and the price drop across the industry has pushed the fund down 55 per cent this month, and that worse is on the way before the market recovers. ...
Apple iPhone supplier Foxconn has paused its hiring because of four-day quarantine space shortage. ...
The current financial year 2022-23 has seen the banking sector produce some unexpected results. The recapitalisation of many PSU banks has seen them returning to profitability and performing exceedingly well. This has led to the markets rewarding their performance and their market capitalisation rising significantly. The PSU or public sector pack has f...
Based on a poll, Twitter CEO Elon Musk on Sunday announced that former US President Donald Trump has been allowed to rejoin the micro-blogging platform. ...
Former BharatPe Founder Ashneer Grover has joined the heated Elon Musk-Twitter takeover drama, saying copycat founders are now copying his ways to lay off employees. ...
The Delhi Metro Rail Corporation (DMRC) on Saturday achieved a major construction milestone in Phase IV of the project with the completion of tunneling work between Krishna Park Extension and Keshopur on the Janakpuri West - RK Ashram Marg corridor....
Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per cent of its workforce on account of cost-cutting efforts and to turn profitable. ...
India cannot be just seen as a land for "making and taking" profits out of its geographic boundaries, Gautam Adani, Chairman of the Adani Group, said....
Elizabeth Holmes, the founder of US-based blood-testing company Theranos, has been sentenced to 135 months, or over 11 years, in prison. ...
Arbitrage between the lending and deposit rates, higher credit demand, and lower loan provisions resulted in public sector banks (PSB) posting handsome profits during Q2FY23 and H1FY23, say experts. ...
