NEW DELHI: Adani Group's unit AMG Media Networks will buy a 49 per cent stake in Raghav Bahl-run digital business news platform Quintillion Business Media for an undisclosed sum, a regulatory filing to the exchanges said.

NEW YORK: Elon Musk, still the world's richest man, is poorer by nearly $39 billion since he spoke of buying out Twitter.

BENGALURU: Japanese consumer-to-consumer (C2C) marketplace Mercari Inc on Friday said it is establishing a Centre of Excellence here that will develop IT service solutions for its domestic business in Japan and the US.

NEW DELHI: Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks.

NEW DELHI: Oil and gas companies are putting investors at risk because their plans to reduce emissions rely on technologies that are expensive and unproven at scale, finds a report from the financial think tank Carbon Tracker released on Thursday.

NEW DELHI: The Alliance of Digital India Foundation (ADIF) on Wednesday said it is now a party to the ongoing Competition Commission of India (CCI) probe against Apple over alleged abuse of market power in the apps market.

SAN FRANCISCO: Electric car-maker Tesla has recalled 130,000 cars to fix touchscreen issues caused by an overheating central processing unit (CPU).

NEW DELHI: The Central Consumer Protection Authority (CCPA) on Tuesday warned ride-hailing platforms like Uber and Ola to fix rising consumer complaints regarding ride cancellations, cancellation charges, random surge pricing, and long waiting times, or else face penal action.

NEW DELHI: Vahan, a Bengaluru-based startup focused on solving the employment issue of the 500 million blue-collar workers in India, has been selected among hundreds of candidates as one of the World Economic Forum's "Technology Pioneers".

NEW DELHI: Leading fintech platform BharatPe on Tuesday said it has initiated necessary action against the company's former founder Ashneer Grover to "claw back his restricted shares as per the shareholders' agreement" and will take all steps to enforce its right under the law.

NEW DELHI: The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major's offer having been subscribed 2.89 times.

AHMEDADBAD: Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of funding of $250 million senior secured three-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.

SAN FRANCISCO: Spotify co-founder and CEO Daniel Ek is investing $50 million into his own music streaming service, saying that the "best days are ahead".

NEW DELHI: Indian equity benchmarks declined sharply in opening deals on Friday, in line with weakness in global markets.

NEW DELHI: In this technologically connected world, semiconductors play a pivotal role. To give a boost to this particular sector, India recently hosted a big conference. Indian Prime Minister Narendra Modi said India's own consumption of semiconductors is expected to cross $80 billion by 2026 and $110 billion by 2030.

NEW DELHI: Vedanta Groups Anil Agarwal Foundation has yet again showcased their quality excellence and is setting new benchmarks for women and child development through their flagship project Nand Ghar.

NEW DELHI: Owing to the involvement of major global powers and forces, the ongoing Russo-Ukrainian war, since February 2022, has been consistently shaping the contours of world politics. Ironically, Ukraine's quest to join the North Atlantic Treaty Organisation (NATO) as a member state in search of security triggered Russia's insecurity due to a justified fear that any further eastward expansion of the NATO will bring the US-led alliance at its doorstep.

NEW DELHI: Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect.

WASHINGTON: Keeping the rising cryptocurrency scams in mind, the US has nearly doubled its cryptocurrency enforcement division, adding another 20 positions to the 'Cyber Unit'.

NEW DELHI: Domestic mutual funds invested Rs 4,002 crore, accounting for a little over 71 per cent of the total anchor book portion of the much-awaited initial public offering (IPO) of Life Insurance Corporation (LIC).

NEW DELHI: Former Petroleum Secretary Tarun Kapoor has been appointed as Advisor in the Prime Minister's Office while IAS officers Hari Ranjan Rao and Atish Chandra have been appointed as Additional Secretaries.

NEW DELHI: Gold prices have historically inched higher during the times of Akshaya Tritiya, but this time amidst the rising anticipation of the Fed's aggressive policy stance, the yellow metal could see some pressure on the price front, said Motilal Oswal.

NEW DELHI: As Tesla CEO and soon-to-be Twitter boss Elon Musk aims to crack down on spam bots, nearly half of his own followers on the micro-blogging platform are fake.

NEW DELHI: The equity market is likely to kick off next week on a sombre note after a sharp fall in the US market overnight and the focus will shift to the outcome of the US' Federal Open Market Committee (FOMC) meeting, said financial advisory firm Swastika Investmart.

SAN FRANCISCO:  Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion.

BHOPAL: The Madhya Pradesh Tourism Department's slogan "MP ajab hai, sab se gajab hai" has been much-talked about, but it is 100 per cent right in the context of the Bus Rapid Transit System (BRTS) as Rs 450 crore have been spent in making and maintaining it, and now the government may dismantle it.

NEW DELHI: Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for the UK high street chain Boots, a media report said.

MUMBAI: AIndia Inc. on Thursday mourned the passing of Ravi Parthasarathy, considered the trailblazer of the PPP model and the former CEO and Chairman of the 35-year-old failed Infrastructure Leasing & Financial Services (IL&FS), who succumbed to a four-year-old battle with cancer.

NEW DELHI: Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk's Twitter takeover deal gets through.

NEW DELHI; Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA'ZIZ) and Reliance Industries Ltd (RIL) have signed the formal Shareholder Agreement for the TA'ZIZ EDC & PVC project.

PALO ALTO: The Confederation of Indian Industry (CII) and the US Chamber of Commerce's US-India Business Council (USIBC), co-hosted an exclusive roundtable for business leaders and investors with Finance Minister Nirmala Sitharaman in Palo Alto.

CHENNAI: Global credit rating agency S&P Global Ratings anticipating a certain default by Future Retail Ltd on its $500 million senior secured notes lowered the credit ratings from 'CCC-' to 'CC'.

NEW DELHI: The uptick in export of wheat following the global shortage due to the Ukraine-Russia war has led to a situation where wheat procurement is likely to be lowest in last 12 years from across India, especially from Punjab and Haryana, the two largest contributors to the central pool.

NEW DELHI: Animal lovers and cattle managers in the Faridabad region will soon have the opportunity to learn more about the medical status of the strays as well as their live stocks.

LUCKNOW: Students at the Lucknow University (LU) will now have a new option for an under-graduate course in Naturopathic and Yogic Science (BNYS) from the academic session 2022-23.