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Zomato hikes platform fee to Rs 4 across key cities after bumper NY Eve

Jan 2, 2024

New Delhi, Jan 2 (IANS) Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets.The new rates were effective from January 1.New Year’s Eve saw Zomato temporarily increasing its platform fee as high as Rs 9 per order in certain markets.The…

Crypto firm Sinohope sees losses grow over 40%, no FTX funds in sight

Jan 2, 2024

Hong Kong, Jan 2 (IANS) Cryptocurrency firm Sinohope Technology (formerly Huobi Technology) reported more than 40 per cent loss for the first nine months of 2023, as its funds are still stuck in the collapsed crypto exchange FTX.Sinohope…

Business

Samsung vows to prioritise retaining its technological supremacy

Jan 2, 2024

Seoul, Jan 2 (IANS) South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasising the strengthening of the company's competitiveness through technological supremacy and…

Business

Key UPI transaction changes that come into effect in New Year

Jan 2, 2024

New Delhi, Jan 1 (IANS) The Unified Payments Interface (UPI) rules have gone through some key changes in the New Year to improve online banking and payment transaction experiences.The National Payments Corporation of India (NPCI) have…

Business

Investigation launched into ‘severe hard landing’ of Air India A320 aircraft in Dubai

Jan 2, 2024

New Delhi, Jan 1 (IANS) The Directorate General of Civil Aviation (DGCA) is investigating a "severe hard landing" involving an Air India Airbus A320neo (VT-CIQ) during its Cochin to Dubai flight on December 20, an official said on Monday.…

Business

DGCA issued ‘decade-high’ 1,622 commercial pilot licenses in 2023

Jan 1, 2024

New Delhi, Jan 1 (IANS) The Directorate General of Civil Aviation (DGCA) on Monday said that it issued a decade-high 1,622 commercial pilot licenses (CPLs) in 2023. Among these, 18.12 per cent were women pilots with a remarkable upswing…

Business

WhatsApp banned record 71L bad accounts in India in Nov 2023

Jan 1, 2024

New Delhi, Jan 1 (IANS) Meta-owned WhatsApp banned a record over 71 lakh bad accounts in India in the month of November 2023, in compliance with the new IT Rules 2021, the company said on Monday.Between November 1-30, the company banned…

Business

Nifty gives up intra-day gains in late sell-off

Jan 1, 2024

Mumbai, Jan 1 (IANS) Nifty came off its life highs and ended the first day of 2024 with little change from Friday's close, said Deepak Jasani, Head Retail Research at HDFC Securities.A late sell-off saw all the intra-day gains being wiped…

Business

Meta purged over 23 mn bad pieces of content on FB, Insta in India in Nov 2023

Jan 1, 2024

New Delhi, Jan 1 (IANS) Meta said that it took down over 18.3 million pieces of content across 13 policies for Facebook and over 4.7 million pieces of content across 12 policies for Instagram in India in November 2023.Between November 1-30…

Business

97.38% Rs 2,000 banknotes have been returned: RBI

Jan 1, 2024

Mumbai, Jan 1 (IANS) The Reserve Bank of India (RBI) said on Monday that the total value of ₹2,000 banknotes declined to ₹9,330 crore at the close of business on December 29. Thus, 97.38 per cent of ₹2000 banknotes have now been…

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