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This woman lost 31,100 crore, her spot as Indonesia's richest woman in 3 days

Published on Mar 19, 2025 04:38 PM IST

Marina Budiman lost the money as the stock of her company, DCI Indonesia, crashed.

For three weeks straight, Marina Budiman became roughly $350 million richer each day.(Reuters)
By | Edited by Ashley Paul

Morgan Stanley to cut 2,000 jobs as clients grapple with Trump tariffs, policies

This plan was actually made before the recent market tumult and is aimed to reduce costs at the company with about 80,000 employees and a low attrition rate.

Morgan Stanley's London headquarters at Canary Wharf financial centre.(Reuters)
Published on Mar 19, 2025 04:11 PM IST

Samsung CEO apologises for stock's fall, says will pursue M&As for growth

Samsung shareholders had slammed the company's management at a meeting for poor stock performance and asked for measures to revive the share prices.

Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company's annual general meeting at the Suwon Convention Center in Suwon, South Korea, March 19, 2025.(SeongJoon Cho/Pool via Reuters)
Published on Mar 19, 2025 04:10 PM IST

Not planning to change retirement age of govt employees: Centre

Jitendra Singh also said in a written reply in the Lok Sabha that the govt does not plan to abolish the vacancies created due to the retirement of employees.

Union Minister Jitendra Singh speaks in the Lok Sabha during the Budget Session, in New Delhi on Wednesday. Prime Minister Narendra Modi, Defence Minister Rajnath Singh and others also seen.(ANI Photo/Sansad TV)
Published on Mar 19, 2025 04:09 PM IST

Vodafone Idea launches 5G services starting in Mumbai; stock goes up 5%

Vodafone Idea also plans more capex investments of ₹50,000-55,000 crore over three years for expanding both its 4G and 5G services to other cities.

All of this comes after the company raised funds totaling <span class='webrupee'>₹</span>26,000 crore for capital expenditure (capex) deployment.(Reuters)
Published on Mar 19, 2025 03:30 PM IST

Allianz SE looks to partner with Jio Financial Services after exiting Bajaj JV

Allianz sees India as a growth market and has been cranking up foreign direct investment, with an estimated $1.5 billion deployed in various ventures.

People stand next to a logo of Jio Financial Services ahead of its listing ceremony at the Bombay Stock Exchange in Mumbai, India, August 21, 2023.(Francis Mascarenhas/Reuters)
Published on Mar 19, 2025 03:28 PM IST

Bank strike next week: Date, which banks and services will be affected

The UFBU which arranged the strike is a bank union collective of over 8 lakh employees in PSU, private, foreign, co-op, and regional rural banks.

It is advisable to contact your nearest bank branch much in advance and make plans accordingly for any banking needs. (HT Photo)
Updated on Mar 20, 2025 08:44 PM IST

15 fastest-growing skills Indians need to thrive at work, according to LinkedIn

Creativity, innovation, problem solving and strategic thinking are seeing rising demand, not just in creative fields but also in business development.

64% of the skills used in most jobs are projected to change by 2030 in India.(Representative Image/Pixabay)
Published on Mar 19, 2025 02:06 PM IST
ByAshley Paul

Spends on credit cards in smaller towns has surged: Visa’s Ramakrishnan Gopalan

Among the primary drivers for this evolution in spending patterns, are greater availability of e-commerce options

Gopalan talks about how he views India’s contactless payments landscape evolve over the next few years. (Official images)
Published on Mar 19, 2025 01:51 PM IST

When Mukesh Ambani ran into Sunita Williams while waiting for an Uber

Anand Mahindra celebrated the return of Sunita Williams from space. He shared a throwback pic which also featured Mukesh Ambani.

Anand Mahindra shared a photo from 2023 featuing Sunita Williams and Mukesh Ambani. (X/@anandmahindra)
Updated on Mar 19, 2025 04:37 PM IST

Tesla employees react as stock of Elon Musk's company continues to slide

This is important because historically, stock gains have played a large role in Tesla's compensation towards its employees.

Donald Trump and Elon Musk speak to reporters as they sit in the red Model S Tesla vehicle on the South Lawn of the White House.(AP)
Published on Mar 19, 2025 01:02 PM IST

Active Infrastructures IPO opens on March 21 | Price band & all details

Nagpur based Active Infrastructures' IPO opens for subscription on March 21 and closes on March 25. Company plans to raise up to ₹77.83 crore.

The proceeds of the public issue will be used for business expansion.(Pexel)
Published on Mar 19, 2025 11:24 AM IST
ANI |

India's renewable energy sector may face regulatory actions like China, Europe

The JM Financial report comes as pressure on global governments rise to enforce stricter regulations and bring more discipline to renewable energy companies.

Solar energy is the dominant contributor to India's renewable energy growth, accounting for 47% of the total installed renewable energy capacity.(Representational Image/Unsplash)
Published on Mar 19, 2025 10:49 AM IST

Steel prices to rise? India planning 12% import duty to protect domestic players

The import tax, known as a safeguard duty, could kick in at a time when US President Donald Trump’s sweeping import tariffs have sparked fears of a trade war.

“There exist critical circumstances, where any delay in application for provisional safeguard measures would cause damage which it would be difficult to repair,” the government said in its recommendation. (Reuters)
Updated on Mar 19, 2025 10:40 AM IST
By | Edited by Ashley Paul

Nvidia looks to further its AI stronghold with chips, personal supercomputers

Nvidia CEO Jensen Huang unveiled a platform called Isaac GROOT N1 that will “supercharge humanoid robot development” at the company’s annual GTC event.

Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California.(Justin Sullivan/Getty Images/AFP)
Published on Mar 19, 2025 10:23 AM IST

Today Gold Rate 19-03-2025: Check latest prices in your city

Today Gold Rate: The price of 10 gm of 24 carat gold is Rs. 90183.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 107200.0/Kg in Delhi.

Gold silver image
Published on Mar 19, 2025 10:15 AM IST

Sensex, Nifty 50 today: Stock market opens flat after yesterday's rally

Sensex, Nifty 50 today: The stock market opened in the green for the third consecutive time this week as the trading session began on Wednesday, March 19.

Sensex, Nifty 50 today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, February 1, 2023(Niharika Kulkarni/Reuters)
Published on Mar 19, 2025 09:29 AM IST

Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal

Sequoia is one of several venture capital firms that invested in Wiz that are now on track to reap big gains.

Google will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.(Kimihiro Hoshino/AFP)
Published on Mar 19, 2025 07:16 AM IST
Bloomberg |

Business Conclave 2025: Igniting Leadership, Inspiring Excellence

The event was co-powered by SDA Bocconi Asia Centre and supported by Konnifel, Fino Payments Bank, BellaVita, and AICPA & CIMA.

The 17th edition of the conclave was held from March 6-8, 2025. (SRCC Business Conclave 2025)
Updated on Mar 18, 2025 06:35 PM IST

Dating in college: Tinder unveils ‘Tinder U’ feature for university students

The online dating app said the new feature has been tailored for students in India.

Only verified college students can utilise this in-app feature that has been launched by Tinder.(Tinder)
Updated on Mar 18, 2025 05:47 PM IST

Ad giants GroupM, Dentsu & broadcasters' body raided over price collusion

Officers of the Competition Commission of India (CCI) searched around 10 locations after it initiated a case against the agencies and top broadcasters

The raids come as the ad landscape in India is seeing major shifts following the $8.5 billion merger between Walt Disney and Reliance's India media assets.(Reuters)
Published on Mar 18, 2025 05:46 PM IST
Reuters |

Tata Motors vehicle prices to rise from April 2025 | Check details

The price hike will be applicable for both passenger and commercial vehicles.

Tata Motors said the price increase is a result of rising input costs.(Reuters)
Published on Mar 18, 2025 05:35 PM IST

Trump tariffs stall investment plans of automakers, part suppliers: Report

The wider US auto industry is in paralysis with no one having any idea on where to invest or how to invest.

US President Donald Trump speaks as he signs an executive order in the Oval Office of the White House in Washington, DC.(AFP)
Published on Mar 18, 2025 04:04 PM IST

LIC requests RBI to introduce 100-year government bonds

LIC requests RBI to introduce 100-year govt bonds

 LIC has been very active in the G-sec (Government Security) investments, the insurer's MD and CEO Siddhartha Mohanty said.(REUTERS)
Published on Mar 18, 2025 03:48 PM IST
PTI |

Audi plans 7,500 job cuts in Germany due to 'tougher' economic conditions

This will impact Audi's Ingolstadt and Neckarsulm plants primarily and the plan is to achieve medium-term savings of more than one billion euros annually.

The company logo of Germany's car producer Audi is seen on a wheel of a new car pictured in headquarters in Ingolstadt, southern Germany, on August 24, 2023.(Christof Stache/AFP)
Published on Mar 18, 2025 03:37 PM IST

Air India says aircraft shortage woes to go on for 4-5 years

This comes as supply snags hobble aircraft production at the world's top jetmakers Boeing and Airbus.

An Air India plane (Representational photo)
Published on Mar 18, 2025 03:23 PM IST

IIM grad says he paid MBA loan in 8 yrs instead of 3: ‘Best financial decision’

The IIM alumnus took to Reddit to share two reasons why paying off the loan later rather than sooner was better and financially sensible.

The MBA graduate said his first instinct was to pay off the loan as soon as possible.(Representational Image)
Updated on Mar 19, 2025 06:22 PM IST
ByAshley Paul

Melinda wants people to see her thriving after divorce from Bill Gates

The duo had first met each other in 1987 and got married in 1994. They eventually got divorced in 2021 after 27 years of marriage.

Melinda Gates has said she is not interested in dating at the moment.(Reuters)
Published on Mar 18, 2025 01:53 PM IST
By | Edited by Ashley Paul

Chai Sutta Bar co-founder reveals how UPSC failures led to his success

Chai Sutta Bar co-founder Anubhav Dubey shared how his UPSC failures shaped his journey.

Chai Sutta Bar co-founder Anubhav Dubey opened up about his UPSC failures, self-doubt, and how taking a chance on a new path changed his life.(X/@tbhAnubhav)
Published on Mar 18, 2025 01:46 PM IST

Lado Lakshmi Yojana: All about the Haryana scheme promising monthly aid to women

The Haryana state budget has allocated ₹5,000 crore for the Lado Lakshmi Yojana.

Haryana chief minister Nayab Singh Saini speaks in the state assembly. (@cmohry/X)
Published on Mar 18, 2025 01:16 PM IST
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