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X launching two new premium tiers soon: Elon Musk

Oct 20, 2023

New Delhi, Oct 20 (IANS) Elon Musk on Friday said that X will soon roll out two new paid premium tiers and one of that tier with ads will cost lower than the current $8 a month.The other tier will be a more expensive one, which will remove all ads, the billionaire said.“Two new tiers of X Premium subscriptions launching soon. One is lower cost with…

Effectiveness of multilateral institutions has reduced, can’t take their directives for…

Oct 20, 2023

New Delhi, Oct 20 (IANS) Finance Minister Nirmala Sitharaman on Friday said that due to reduced effectiveness of multilateral institutions like the UN Security Council or the WTO, there is no need to take for granted their…

Business

FPIs likely to remain sellers putting pressure on banking stocks

Oct 20, 2023

New Delhi, Oct 20 (IANS) The US 10-year yield hovering around 5 per cent continues to be a headwind for equity markets, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.The volatile situation in West Asia,…

Business

HP appoints Apple executive Ipsita Dasgupta as SVP, MD for India market

Oct 20, 2023

New Delhi, Oct 20 (IANS) PC and printer major HP on Friday announced the appointment of Ipsita Dasgupta as the Senior Vice President (SVP) and Managing Director of the company's India market.Joining HP on October 30 and reporting to David…

Business

Zomato shares worth Rs 1,040 cr change hands in bulk deal, Softbank likely seller

Oct 20, 2023

New Delhi, Oct 20 (IANS) Nearly 9.28 crore equity shares of online food delivery platform Zomato worth Rs 1,040 crore were offloaded on Friday in a bulk deal, likely by SoftBank.Japanese investment giant SoftBank, via its affiliate SVF…

Business

Bezos-backed trucking startup Convoy shuts down core biz, lays off hundreds

Oct 20, 2023

San Francisco, Oct 20 (IANS) US-based digital transportation startup Convoy has abruptly shut down its core business, laying off a majority of its workforce, and sacked employees reportedly did not receive severance.Convoy CEO Dan Lewis…

Business

Tens of thousands of Cisco devices compromised after hackers exploit critical bug

Oct 20, 2023

San Francisco, Oct 20 (IANS) Cyber criminals have exploited an unpatched zero-day vulnerability in Cisco’s networking software to compromise tens of thousands of devices.Censys, a search engine for Internet-connected devices and assets,…

Business

SEBI eases norms for mandatory bond issuances, announces incentives

Oct 20, 2023

Mumbai, Oct 20 (IANS) Large corporates which have raised more than the mandated share -- 25 per cent -- of their qualified borrowings by issuing bonds will be incentivised through reductions in the annual listing fee of its debt securities…

Business

Govt calls for swift bank account verification for implementation of PM Vishwakarma scheme

Oct 20, 2023

New Delhi, Oct 19 (IANS) The government on Thursday underscored the importance of swift bank account verification for successful implementation of the PM Vishwakarma scheme during the review of the banking preparedness of the newly-launched…

Business

Denied wheelchairs, two ill woman passengers slap Rs 20 crore suit against Vistara

Oct 19, 2023

Mumbai, Oct 19 (IANS) Aggrieved at being denied wheelchairs after landing, two women passengers with mobility issues, who recently travelled by Tata’s Vistara Airlines, have slapped separate lawsuits of Rs 10 crore each against the…

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