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Flipkart UPI launched as e-commerce major's own unified payments facility

Published on Mar 03, 2024 02:54 PM IST

Flipkart UPI has been launched in collaboration with Axis Bank.

Representational Image
By, New Delhi

Lawyers who successfully argued against Musk's package seek Tesla stock as fees

The attorneys claim they deserve more than 29 million Tesla shares worth $5.6 billion.

Tesla CEO Elon Musk (Reuters file photo)
Published on Mar 03, 2024 12:49 PM IST
By, New Delhi

India's used car market size to touch USD 100 billion-mark by 2034: CARS24 CEO

India's used car market size to touch USD 100 billion-mark by 2034: CARS24 CEO

HT Image
Published on Mar 03, 2024 11:50 AM IST
PTI |

Setback for Byju's as Australia-based investor slashes valuation by 98%

Macquarie Capital, which invested ‘a few million dollars in 2021,’ was charging clients based on a March 2022 funding round that valued Byju’s at $22 billion.

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branches in New Delhi. (REUTERS)
Published on Mar 03, 2024 11:07 AM IST
By, New Delhi

India has eliminated extreme poverty, US think-tank says, cites these reasons

The Brookings Institution report has been authored by economists Surjit S Bhalla and Karan Bhasin.

Representational Image
Published on Mar 03, 2024 09:33 AM IST
By, New Delhi

Byju's can't pay workers' salaries, investors blocked funding: CEO Raveendran

CEO Byju Raveendran said Byju's is not able to pay the salaries of employees as investors have backed the blocking of funds in the company.

Byju's CEO Byju Raveendran slammed investors for blocking the funds of the firm(Bloomberg)
Published on Mar 03, 2024 08:32 AM IST
ByVaishnawi Sinha

From RK Swamy to VR Infraspace, these 8 IPOs to open this week. Check details

Additionally, as many as seven companies will list their shares on the stock exchanges.

IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.
Published on Mar 03, 2024 08:10 AM IST
By, New Delhi

Sam Altman's net worth crosses $2 billion, but OpenAI is not the reason

OpenAI CEO Sam Altman's net worth recently crossed the $2 billion mark, but his artificial intelligence firm makes little to no contribution to his wealth.

Sam Altman, US entrepreneur, investor, programmer, and founder and CEO of OpenAI(AFP)
Published on Mar 03, 2024 06:22 AM IST
ByVaishnawi Sinha

Bill Gates calls Statue of Unity an ‘engineering marvel’. PM Modi responds

Bill Gates is currently on a visit to India, and he met several top leaders and also participated in cultural and local events

Microsoft co-founder Bill Gates is photographed in front of Statue of Unity in Kevadiya, Gujarat.
Published on Mar 02, 2024 11:14 PM IST

Sundar Pichai's job as Google CEO in trouble? Calls grow for his resignation

Google CEO Sundar Pichai may be replaced in the midst of the its Gemini image generator debacle, says report.

Google CEO Sundar Pichai(Reuters file photo)
Updated on Mar 02, 2024 04:22 PM IST
ByVaishnawi Sinha

Proving flights: What Fly91 and other new airlines must do to get flying permit

Indian aviation is cut throat. Scheduled airlines in general and regional airlines in particular have seen a lot of head winds in the past.

Fly91 received its NOC (No Objection Certificate) in April last year(Fly91 website)
Updated on Mar 02, 2024 05:52 PM IST

Byju’s ‘hidden’ $533 million stuck in unnamed offshore trust

A small Florida hedge fund that allegedly helped Indian tech firm Think & Learn Pvt hide $533 million must reveal where the money is located.

Byju's reportedly took the help of a Florida hedge fund to hide the money
Published on Mar 02, 2024 03:34 PM IST
Bloomberg |

Centre stern after Google's action on Indian apps: ‘Delisting not permitted'

Google recently sent a notice to 10 companies in India asking them to take down their apps. These include matrimony and dating apps.

Google has taken down several apps from Play Store in India(Getty Images via AFP)
Published on Mar 02, 2024 02:51 PM IST
ByVaishnawi Sinha

5 Info Edge apps delisted from Google Play Store, company tells bourses

This follows Google’s crackdown on apps from 10 Indian developers for not complying with its payments policy, and brings the total number of delisted apps to at least 26

Info Edge said the removal/delisting of the company’s mobile applications from the Google Play Store came as a surprise to it. (Representative Image)
Updated on Mar 02, 2024 02:10 PM IST

Who is Haresh Jogani, man asked to pay 20,000 crore to four brothers?

Business tycoon Haresh Jogani was ordered by a court to pay ₹20,000 crore to his four brothers in a land dispute that dates back 21 years.

A US court ordered Haresh Jogani to pay <span class='webrupee'>₹</span>2000 crore to his brothers(Getty Images/iStockphoto)
Published on Mar 02, 2024 01:30 PM IST
ByVaishnawi Sinha

Stock market today: Sensex hits new high in special trading session

Stock market today was opened for a special live trading session. Sensex rose 60 points to 73,806

Stock market touched record high in special trading session; Sensex past 73,800 mark(PTI)
Updated on Mar 02, 2024 03:48 PM IST

IAMAI urges Google to refrain from delisting Indian apps from Play Store

Google has decided to remove multiple apps from the Play Store, including popular matrimony platforms.

A logo of Google is seen on its office building in Hyderabad. (REUTERS FILE)
Published on Mar 02, 2024 11:04 AM IST
ByVaishnawi Sinha

Sensex jumps 140 points to 73,884, Nifty rises to 22,393 in special session

Both Sensex and Nifty opened in the green during the special live trading session of the Indian stock market on Saturday.

BSE Sensex and NSE Nifty50 open in the green on Saturday
Published on Mar 02, 2024 09:25 AM IST
ByVaishnawi Sinha

Why airport lounges in India are as packed as a railway station

Airport lounges once reeked of snobbishness but have since come down to earth. What happened?

A view of the Delhi airport. (ANI file photo)
Updated on Mar 03, 2024 02:07 PM IST

Reliance-Disney merger may face CCI scrutiny over dominance fears, say experts

Analysts believe that an episode similar to the Zee-Sony merger antitrust scrutiny could occur in midst of the Reliance-Disney deal and cricket viewing.

Disney and Reliance have finalised their multi-billion dollar merger(REUTERS)
Published on Mar 02, 2024 08:29 AM IST

Spirit Aerosystems shares surge on possible Boeing buy

Spirit Aerosystems shares surge on possible Boeing buy

HT Image
Published on Mar 02, 2024 03:54 AM IST
AFP |

GST revenues reach 1.68 lakh cr in Feb, fourth-highest monthly collections

GST revenues grow 12.5 pc to ₹1.68 lakh cr in Feb, 4th highest since rollout.

In February, GST revenues hit <span class='webrupee'>₹</span>1.68 lakh cr, marking the fourth-highest monthly collections.(HT_PRINT)
Updated on Mar 01, 2024 08:39 PM IST
PTI |

Paytm Payments Bank fined 5.49 crore for money laundering

Financial Intelligence Unit on Friday imposed ₹5.49 crore penalty on Paytm Payments Bank for money laundering

Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm.(Bloomberg)
Updated on Mar 01, 2024 07:53 PM IST

Zomato shares jump 5% to hit all-time high: what is pushing the stock?

Zomato share price: Zomato stock breached an all-time high record and traded at ₹173.50 a piece at peak.

Zomato share price: Zomato stocks can be attributed to the company's robust financial performance, experts say.(Reuters Photo)
Updated on Mar 01, 2024 04:01 PM IST

Sensex hits a record high: What is driving the stock market rally in India?

The stock market hit a record high on Friday, with Sensex and Nifty surpassing the 73,700 mark and 22,300 mark, respectively.

Sensex and Nifty both touched their record highs on Friday.
Updated on Mar 01, 2024 04:59 PM IST
ByVaishnawi Sinha

2000 banknote still legal tender, circulation drops to 8,470 crore: RBI

The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation on May 19, 2023.

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu.(REUTERS)
Published on Mar 01, 2024 02:01 PM IST

Paytm cuts ties with Paytm Payments Bank, ends inter-company pacts

Paytm said in a company filing that it is ending all inter-company pacts with Paytm Payments Bank to reduce dependencies.

Paytm has cut company ties with Paytm Payments Bank(REUTERS)
Published on Mar 01, 2024 01:20 PM IST
ByVaishnawi Sinha

Stock market on a high: Sensex zooms 1,000 points to hit a record on GDP data

Sensex spiked more than 1,000 points on Friday, touching an all-time high of 73,574 in early trading hours.

Sensex saw a spike of over 1000 points on Friday(Bajaj Finserv)
Updated on Mar 01, 2024 02:00 PM IST
ByVaishnawi Sinha

Five financial rules that changed from March 2024

Multiple new financial rules are set to come into effect from March 1, 2024. Here is all you need to know.

Several important financial rule changes are coming into effect in March(HT File)
Published on Mar 01, 2024 10:23 AM IST
ByVaishnawi Sinha

The Philadelphia Phillies are scrapping $1 hot dog nights following unruly fan behavior

The Philadelphia Phillies are scrapping $1 hot dog nights following unruly fan behavior

HT Image
Published on Mar 01, 2024 09:30 AM IST
AP |
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