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'Don't need to be in Bengaluru to build a startup,' says Deepinder Goyal: Report

Updated on Oct 07, 2024 11:45 AM IST

Zomato CEO Deepinder Goyal said entrepreneurs don’t need to be in Bengaluru to succeed, challenging the city's long-held dominance in India’s startup ecosystem.

Zomato CEO Deepinder Goyal reignited a debate amid New Delhi's rising prominence as a viable startup hub.

‘Panic buying’ of Chinese stocks weighs on Crypto’s most-traded token

Chinese investors are shifting focus from cryptocurrencies to the stock market as demand for Tether's USDT stablecoin declines.

The discount in Tether's USDT hints at a panic among traders swapping digital assets for fiat, reflecting a trend of Chinese investors reallocating funds to the booming stock market, especially as the Shanghai Composite Index surges.(Reuters)
Published on Oct 07, 2024 08:23 AM IST
Bloomberg |

Business News highlights Today October 7, 2024: RuPay and new runaway inaugurated in Maldives for transaction and connectivity ease

Business News highlights Today: Get real-time updates on the biggest news from the world of business, stock market and more.

Latest news on October 7, 2024: Maldives' President Mohamed Muizzu shakes hands with Prime Minister Narendra Modi at Hyderabad House.
Updated on Oct 07, 2024 03:58 PM IST

New York Sun owner nears £550 million deal for Telegraph newspaper: Report

Dovid Efune is nearing a deal to purchase the UK’s Telegraph newspaper for over £550 million. Exclusive talks with RedBird IMI are underway.

Dovid Efune has offered more money than other potential bidders including David Montgomery’s National World.
Published on Oct 07, 2024 07:36 AM IST
Bloomberg |

Pensioners alert! Scam involving messages asking to fill forms, know the details

The fraudsters use WhatsApp to send fake forms to the pensioners and then claim that unless those forms are filled, their pension payments will get stopped

Pensioners in India are increasingly being targeted by fraudsters who claim to be from the Central Pension Accounting Office (CPAO) in New Delhi(Representational image)
Published on Oct 06, 2024 03:59 PM IST

Bhavish Aggarwal dares Kunal Kamra on Ola tweet: 'Your failed comedy career...'

Ola founder and CEO Bhavish Aggarwal engaged in a verbal spat with comedian Kunal Kamra regarding the service situation of Ola Electric's S1 series of scooters

Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric attends Ola Electric's listing ceremony at the National Stock Exchange (NSE) in Mumbai.(Reuters)
Updated on Oct 06, 2024 02:40 PM IST

Adani now blends green hydrogen into natural gas for Ahmedabad cooking pipelines

Adani makes green hydrogen with wind or solar power to produce hydrogen through electrolysis and blends the hydrogen in natural gas for cooking and industries

Adani group has started blending green hydrogen in natural gas that is supplied to households for cooking purposes in parts of Ahmedabad, with a view to cut emissions and meet net-zero targets.(Reuters)
Published on Oct 06, 2024 01:33 PM IST
PTI |

Canada announces new changes to its Post-Graduation Work Permit Program: Details

Canada has announced modifications to its Post-Graduation Work Permit Program for international students to manage the volume of temporary residents arriving

Canada has announced new changes to its Post-Graduation Work Permit Program in terms of eligibility requirements from November 1, 2024(Representational Image/Pixabay)
Published on Oct 06, 2024 12:48 PM IST

Your pension may stop if you don't submit Annual Life Certificate: Details

Senior central government pensioners aged 80 and above can now submit their Annual Life Certificate from October 1 instead of the usual November 1

All central government pensioners have to submit an annual life certificate in November to continue receiving their pensions.(Representational Image/Pixabay)
Published on Oct 06, 2024 10:52 AM IST

Gold Rate Today 06-10-2024: Check latest prices in your city

Gold And Silver rates Today: The price of 10 gm of 24 carat gold is Rs. 77843.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100100.0/Kg in Delhi.

Gold silver image
Published on Oct 06, 2024 10:15 AM IST

Boeing got unsafe parts for 787 from two Italian suppliers, Italy investigates

The two firms allegedly used pure titanium to make structural components of the aircraft, instead of titanium alloys, and also used sub-standard aluminum alloys

Boeing employees walk the new Boeing 787-10 Dreamliner down towards the delivery ramp area at the company's facility.(AP)
Published on Oct 06, 2024 09:39 AM IST
Bloomberg |

VW CEO says retaliatory tariffs by China can hurt European automakers

The EU's proposed duties on EVs built in China of up to 45% are set to be imposed from next month for five years, risking retaliatory tariffs from China

A technician fixes a VW sign in the assembly line of German carmaker Volkswagen's electric ID. 3 car in Dresden, Germany,(Matthias Rietschel/Reuters)
Published on Oct 06, 2024 09:27 AM IST
Reuters |

Samsung India says it pays Chennai workers 1.8 times of industry average: Report

Samsung India dismisses the allegation that its workers earn only ₹23,000 after over 10 years of service as “a gross misrepresentation of facts.”

Samsung plant protests: A motorcyclist rides past Samsung company plant in Sriperumbudur, on the outskirts of Chennai.(AP)
Updated on Oct 06, 2024 08:49 AM IST

Harsh Goenka shares top three lessons for success he learnt from Mukesh Ambani

Harsh Goenka took to X to share the top three lessons for success he learnt from his interactions with Mukesh Ambani, India's wealthiest person

Harsh Goenka shares three things he learnt from Mukesh Ambani(@pradeepcsrivast)
Updated on Oct 05, 2024 09:01 PM IST

How to make your own hyper-realistic podcast with AI using Google Audio Overview

Google's AI-based Audio Overview feature has a male and female voice discussing about the uploaded content, even interrupting each other in a realistic fashion

Google's AI podcasting tool called Audio Overview was launched in this year's mid-September as a part of NotebookLM, a one year-old AI-powered research assistant, powered by the Google Gemini 1.5 AI model.(Representational Image/Unsplash)
Updated on Oct 05, 2024 09:00 PM IST

FIR on SpiceJet's Ajay Singh, officials surfaces after PF dues paid: Report

An FIR against SpiceJet's Ajay Singh and board members surfaced after the company announced it had cleared 10 months of provident fund dues

A SpiceJet passenger Boeing 737-800 aircraft(Representational Image/Reuters)
Published on Oct 05, 2024 05:03 PM IST

Zomato to grant 12 million employee stock options worth around 330 crore

Zomato previously approved granting 40.73 million stock options during this year's July and 1.98 million stock options for employees in August

Zomato Ltd has approved the granting of nearly 12 million stock options to eligible employees.(Unsplash)
Updated on Oct 05, 2024 03:27 PM IST

Foxconn posts record 3rd quarter revenue on AI server demand, not iPhones

Foxconn's record 3rd quarter revenue was from strong AI server demand from its cloud and networking division, while consumer electronics saw flat performance

The logo of Foxconn is seen outside the company's building in Taipei, Taiwan,(Reuters)
Published on Oct 05, 2024 02:17 PM IST
Reuters |

‘I do near-death exercises’: Naval Ravikant opens up about life, work

Ranveer Allahbadia, aka BeerBiceps, dropped his latest episode, where he dived into “life's biggest questions” with Indian-origin entrepreneur Naval Ravikant.

Ranveer Allahbadia, popular as BeerBiceps, in conversation with his podcast guest Indian-origin entrepreneur Naval Ravikant. (YouTube/@BeerBiceps)
Published on Oct 05, 2024 01:47 PM IST

Deepinder Goyal, wife Grecia Munoz turn Zomato delivery agents in Gurgaon

Deepinder Goyal and his wife, Grecia Munoz, donned Zomato uniforms to work as delivery agents for a day.

Deepinder Goyal and Grecia Munoz working as Zomato delivery agents. (Instagram/@deepigoyal)
Updated on Oct 05, 2024 01:26 PM IST

Paytm CTO gets new role of ‘AI Fellow,’ Deependra Singh Rathore replaces him

Paytm's Manmeet Singh Dhody has a new role called ‘AI Fellow’ and his job is to drive projects related to artificial intelligence (AI) innovation

A QR code sticker of the digital payment app Paytm is seen outside a grocery store in Kolkata, India.(Reuters)
Published on Oct 05, 2024 01:05 PM IST

PAC summons Madhabi Puri Buch and DEA, TRAI, revenue dept officials: Report

The Public Accounts Committee (PAC) has summoned Sebi chief Madhabi Puri Buch on October 24 amid the controversy caused by the Hindenburg allegations

Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch speaks during the Annual Capital Markets Conference 2024, in Mumbai, Friday, Aug. 2, 2024.(Shashank Parade/PTI)
Updated on Oct 05, 2024 11:25 AM IST

Mobile phones, electronics, consumer durables top online shopping charts: Report

Online shoppers darted towards mobile phones and electronics during the first week of the online festive sales with demand even outpacing that for ethnic wear

E-commerce platforms including Amazon and Flipkart got over <span class='webrupee'>₹</span>54,500 crore in sales during the first week of the festive season, from September 26 to October 02(Representational Image/Pixabay)
Published on Oct 05, 2024 10:44 AM IST

Gold Rate Today 05-10-2024: Check latest prices in your city

Gold And Silver rates Today : The price of 10 gm of 24 carat gold is Rs. 77853.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 98000.0/Kg in Delhi.

Gold silver image
Published on Oct 05, 2024 10:15 AM IST

JPMorgan client who lost $50 million fortune amid dementia is denied trial

A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking to recoup his fortune from the bank

A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012.(Dylan Martinez/Reuters)
Published on Oct 05, 2024 09:44 AM IST
Bloomberg |

IPO-bound Swiggy rolls out quick commerce-like food delivery service called Bolt

Swiggy brings out a quick commerce-like service for food delivery, focusing on restaurants in a 2 km radius of the customer and dishes with minimal prep time

Now opening the Swiggy app will reveal the “Introducing Bolt - Food in 10 mins” tile prominently displayed on the food delivery page
Updated on Oct 05, 2024 09:03 AM IST

EaseMyTrip resumes Maldives bookings as relations improve, Muizzu to visit India

EaseMyTrip resumes Maldives bookings as bilateral ties improve between both the governments and with President Muizzu scheduled to visit India next week

EaseMyTrip was the first major tour operator to exclude the Maldives from its portal by disabling users from selecting any packages.
Published on Oct 04, 2024 08:59 PM IST

India now fourth country in the world with forex reserves over $700 billion

India is now the fourth country in the entire world to cross $700 billion in foreign exchange reserves, currently preceded by China, Japan, and Switzerland

This growth in the reserves is attributed to multiple factors including $30 billion in foreign inflows so far this year, led mainly by investments in local bonds after the inclusion in an important J.P. Morgan index.
Updated on Oct 05, 2024 01:07 PM IST

Amazon India signs MoU with postal department for increasing customer reach

Amazon and India Post's partnership goes all the way back to 2013, with the e-commerce giant using the vast postal network for transporting parcels across India

Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021.(Dado Ruvic/Reuters)
Published on Oct 04, 2024 07:29 PM IST

SpiceJet clears 10 months of provident fund dues after 3,000 crore QIP

SpiceJet deposited ten months' worth of Provident Fund (PF) dues, after its recent payments of Goods and Services Tax (GST) and employee salary arrears

The airline also successfully reached settlements with multiple lessors(Reuters)
Published on Oct 04, 2024 06:32 PM IST
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