Business

New Delhi, Jan 14 (IANS) Bike-taxi startup Rapido saw its losses surge nearly 54 per cent in the last fiscal year (FY23) to Rs 675 crore, from Rs 439 crore in FY22.An increase in riders’ cost, IT and employee benefits were behind Rapido’s…

San Francisco, Jan 14 (IANS) The price of Bitcoin nosedived to around $42,000, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started trading in the US.Bitcoin reached a high of $46,000 last week and surged…

New Delhi, Jan 14 (IANS) In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair,…

San Francisco, Jan 14 (IANS) Global data management solutions provider Veeam Software has reportedly laid off 300 employees. The workforce reduction came after Veeam let go 200 workers in a separate round of layoffs last year.In a post on…

New Delhi, Jan 14 (IANS) The El Nino weather phenomenon, which led to the erratic monsoon in 2023 that hit India’s agricultural sector, is still active in the Pacific Ocean where it originates, but is expected to withdraw during April-June…

Kolkata, Jan 13 (IANS) A crucial meeting of the Tea Board will be held on January 15 to decide on the proposals of no-plucking time in the tea gardens across India from this year.Sources aware of the development said that till 2023,…

Bengaluru, Jan 13 (IANS) A high-level delegation led by Heavy and Medium Industries Minister M.B. Patil will leave on January 14 to attend the World Economic Forum-2024 annual meet which will be held in Davos, Switzerland from January 15 to…

Hyderabad, Jan 13 (IANS) Telangana Chief Minister A. Revanth Reddy on Saturday requested Union Industries and Commerce Minister Piyush Goyal to grant approval for the establishment of a new industrial corridor between Hyderabad and…

New Delhi, Jan 13 (IANS) Reliance Jio and Bharti Airtel might discontinue their unlimited 5G data plans for premium customers soon, media reports said on Saturday. As per the analysts, the companies will likely charge at least 5-10 per…