
Ranchi-based public sector company Heavy Engineering Corporation (HEC) Limited, once known as the mother of all industries in the country, is now gradually "dying down". ...

Sam Altman-run OpenAI is reportedly raising funds at a valuation of $80-$90 billion via sale of existing shares. ...

Snap, the parent company of Snapchat, is reportedly planning to sack around 150 employees as part of its reorganisation exercise....

Consumer fintech company Bright Money on Wednesday announced it has raised $62 million in an equity and debt round....

Quick e-commerce grocery delivery app Zepto has grabbed No 1 spot on India’s ‘Top Startups List 2023’, the professional networking platform LinkedIn said on Wednesday. ...

X Corp is planning to soon roll out audio and video calls to premium, subscription-only users, as X CEO Linda Yaccarino confirmed last month that video calls will arrive on the platform as part of its transition into an “everything app.†X Corp is planning to soon roll out audio and video calls to premium, subscription-only user...

The US economy seems to be heading the China way with a burgeoning debt outweighing slow growth as the spurt in federal spending since 2021 touches a whopping $8 trillion. Also, the dollar's reign as the unipolar global currency is threatened with regional blocs in Asia and Europe wanting to trade in local currencies. ...

The US 10-year bond yield climbing to a 10-month high of 4.54 per cent and the dollar index spiking to 105.94 are headwinds for the market and this is getting reflected in the sustained FII selling which has taken the net FII sell figure in September so far to Rs 20,593 crore, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services....

Flexible workspace provider WeWork India on Tuesday announced the appointment of two senior leaders to its executive leadership team....

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the repo rate at their meeting next month but would try to manage liquidity with various instruments it has, said senior economists....