Elon Musk announced on Sunday that Twitter’s new logo, an X, would go live, replacing the distinctive bird logo in what would be the latest in a series of controversial shake-ups to the social media platform under his stewardship. “X.com now points to twitter.com,” the Tesla chief executive tweeted Sunday afternoon. “Interim X logo goes live...
Layoffs have surged in 2023, with nearly 194,000 employees affected across various industries in the US. This has left many fearing an impending recession According to a report from Forbes, 2023 has brought a storm of layoffs across various industries, with nearly 194,000 American employees finding themselves out of work in more than 150 major...
Equity benchmark indices Sensex and Nifty scaled fresh record high levels today, driven by unabated foreign capital inflows and intense buying in banking and FMCG stocks. The 30-share BSE Sensex jumped 474.46 points or 0.71 per cent to settle at its fresh all-time closing high of 67,571.90. The benchmark recovered all its early lost ground...
Researchers have found an anti-ageing function in a protein deep within human cells. The protein, ATSF-1, controlled the fine balance between creation of new and repair of damaged mitochondria, the part of cell responsible for producing energy, the researchers at the Queensland Brain Institute (QBI), The University of Queensland, Australia, discovered. Mitochondrial dysfunction lies at...
Union Food and Consumer Affairs Minister Piyush Goyal on Monday launched the sale of subsidised chana dal at Rs 60 per kg under a brand name ‘Bharat Dal’ to provide pulses at an affordable rate to consumers. Chana dal is being sold in Delhi-NCR through the retail outlets of National Agricultural Cooperative Marketing Federation (NAFED)....
Amid the online gaming industry raising concerns over the levy of 28 per cent GST, Union minister Rajeev Chandrasekhar on Monday said the government may request the GST Council to consider the facts of new regulatory framework for the industry. The minister also mentioned that it took three years for the Council to reach a...
Benchmark stock indices hit their record high levels in intra-day trade on Thursday, with Sensex breaching the historic 66,000-mark for the first time following a rally in global markets amid moderating US inflation data. Buying in market heavyweight stocks Infosys, ICICI Bank and Tata Consultancy Services also helped markets settle in the positive territory. The...
SpiceJet on Wednesday said its promoter and Chairman Ajay Singh will infuse Rs 500 crore into the airline, which will help boost its financial position as well as tap additional funds from a government scheme. The budget carrier, which is facing multiple headwinds, including disputes with aircraft lessors, has been looking to raise funds. In...
Mumbai-based used cars platform CarTrade Tech Ltd on Monday said it will acquire online marketplace OLX India’s auto sales business for Rs 537 crore. In a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity that houses OLX India’s automotive business, in an all-cash deal, and...
Tata Motors reported a 5 per cent increase in its group global wholesales, including Jaguar Land Rover, at 3,22,159 units in the first quarter ended June 30, 2023, as compared to the year-ago period. Global wholesales of Tata Motors passenger vehicles in the April-June quarter of FY2023-24 were at 1,40,450 units, up 8 per cent as...