Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country’s payments authority, which will enable it to facilitate payments after its banking unit ceases operations. The license will allow customers to continue using the Paytm app for payments through India’s popular unified...
Adani Group stocks fell up to 13 per cent today (March 13). All 10 Adani counters traded in the red which resulted in erasing around ₹90,000 crore off their combined market capitalisation by 12pm. Adani Group’s worst performer on March 13: Of these, Adani Green Energy was the top loser, as it tanked 13 percent to ₹1,650 a...
Sensex tanked 1109 pts to 72,558 in the afternoon session amid a sell-off in the mid cap and small cap segments. Nifty too slipped 422 pts to 21,913 on Wednesday, turning red from the early trade gains, reflecting weak investor sentiment on Dalal Street. Here’s a look at today’s market crash in numbers: Investor wealth...
Edtech firm Byju’s has asked its14,000 employees to work from home as it vacated all its offices except the headquarters in Bengaluru amid the ongoing crisis. Sources told NDTV Profit that except for IBC Knowledge Park in Bengaluru – where over 1,000 employees work – all other office premises across the country have been vacated...
Stock market today: BSE Sensex and Nifty50, the benchmark equity indices, closedlower on Monday due to cautiousness among investors ahead of key domestic and USinflation data. The BSE Sensex declined by 617 points or 0.83% to settle at 73,502, while the NSE Niftydropped by 161 points or 0.72% to end at 22,332. The market capitalisation...
Social media platform X chief executive Elon Musk has said that he is planning to launch a TV app next week for Amazon and Samsung users who will be able to watch long form videos. Last October, X had rolled out an early version of video and audio calling for some users. The billionaire had...
Investment worth $100 billion over 15 years will be tied with the trade agreement between India and the four-member European Free Trade Association (EFTA), to be signed on Sunday, according to people aware of the matter. The investment will be linked to the creation of one million jobs in India. “A mechanism and a road...
The Union Cabinet, which met in New Delhi on March 7, decided to release an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2024. The increase will be four percentage points over the existing rate of 46% of the basic pay/ pension, to compensate...
Meta CEO Mark Zuckerberg lost nearly $3 billion in a day after the company’s flagship platforms Facebook and Instagram faced a global outage. Zuckerberg’s net worth declined by $2.79 billion in a day to $176 billion on the Bloomberg Billionaires Index, but he maintained his position as the world’s fourth-richest person. Following the hour-long global...
JSW Steel on Wednesday said that it has appointed Robert Simon as Chief Executive Officer of JSW, USA. In his role, he will lead the overall business in the USA, comprising slab, coil, pipe and plate production, and sales at Baytown and Mingo Junction, the company said in a statement. Before joining JSW USA, Simon...