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NVIDIA CEO Jensen Huang Reports 437,908 Shares Disposal at $181.93 Each

Jensen Huang, President and CEO of Nvidia Corporation (NASDAQ:NVDA), has reported a series of transactions involving the disposal and transfer of company shares, including...

Deeptech Startup Newtrace Secures $6.3 Mn in Pre-Series A Round

Bengaluru-based deeptech startup Newtrace has raised $6.3 million (INR 56.93 crore) in a pre-Series A funding round led by HDFC Bank and Mitsui Sumitomo...

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Finance Minister Nirmala Sitharaman introduces "Insolvency and Bankruptcy code" bill in Lok Sabha

Finance Minister Nirmala Sitharaman on Thursday introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy...

"India's economy to be at 4.3% in Q4 2019", says Nomura

India's economy is expected to grow at 4.3 percent in December quarter this year amid concerns over crisis in the NBFC sector, according to...

China's consumer inflation at eight-year high

China's consumer inflation climbed to nearly eight-year peaks in November as pork prices doubled, but factory-gate prices remained in the red, adding to uncertainty...

Hyundai Motor to get price hike from January

India's largest automaker Hyundai Motor India has announced that, "It will increase the prices of its entire product range from next month." In a statement,...

China auto sales decline for 17th consecutive month in November: Industry association

Auto sales in China fell for a 17th consecutive month in November, with the number of new energy vehicles (NEVs) sold contracting for a...

Aditya Birla Fashion appoints Himanshu Kapania as company's vice chairman

India leading fashion and retail giant, Aditya Birla Fashion and Retail Ltd, has announced the appointment of Himanshu Kapania as vice chairman of the...

Passenger vehicle sales drop by 10.83 percent in November

Domestic passenger vehicle sales declined 0.84 percent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Domestic car sales were down 10.83...

Union Labour Minister Santosh Gangwar: "2.72 cr male, 1.56 cr female registered as job seekers in the country"

There are 2.72 crore male and 1.56 crore female job seekers who have registered with employment exchanges across the country, Union Labour Minister Santosh...

"Hopes it can make a trade agreement with US as soon as possible," says China

China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before...

No proposal under consideration for education loan waiver: FM Nirmala Sitharaman

The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March...

Sanofi to buy Synthorx for $2.5 billion

France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef...

Allcargo Logistics acquires a controlling stake in Gati

A Mumbai based- Integrated logistics solution provider Allcargo Logistics has announced the acquisition of majority stakes in Gati Ltd for Rs 416 crore. As a...

Founders exits as Google under the antitrust radar

San Francisco: Google’s cofounders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress,...

Senator Mitt Romney: China is likely to become a sole global superpower by mid-21st century

China is most likely to become the sole global superpower by the middle of this century due to its "comprehensive, rigorous strategy to achieve...

Kumar Mangalam Birla: Vodafone-Idea may opt for insolvency in absence of government relief

Kumar Mangalam Birla, the Chairman of Aditya Birla Group on Friday, said that "Vodafone Idea will shut the shop and opt for insolvency if...

Triumph motorcycle records 10% Y-o-Y growth in retail sales in India.

UK motorcycle manufacturer, Triumph Motorcycle has recorded a 10% year on year growth in retail sales in India. In an interview with India-based newspaper, Economic...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...

Iran OPEC envoy: "Tehran would back majority decision to cut oil output"

Iran would support a majority decision by members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, the country's OPEC...

Government's new privacy bill may force social media platforms to offer user verification option: Reports

Government's proposed new privacy bill may require large social media platforms to offer an identity-verification option, a potentially precedent-setting effort to rein in the...

Shadowfax raises $60 million in series D round funding from Flipkart, Eight Roads Venture, World Bank’s IFC, and others

India based logistics startup Shadowfax has raised $60 million in series D round funding from Flipkart, Eight Roads Ventures, and few others. The new round...

Zeta appoints Visa’s executive Murali Nair as President of its banking business

Bengaluru settled fintech startup Zeta has announced the appointment of Visa’s Murali Nair as the president of its banking business. Murali Nair, who holds 26...

Dhruva Space secures Rs 5 crores in collective funding from Mumbai Angels, Ravikanth Reddy, and others

A Hyderabad-based end to end solution provider for building small satellites, Dhurva Space has secured Rs 5 crores in a collective angel round funding...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

RBI's subsidiary DICGC says, "Depositors in failed and liquidated bank to get only Rs 1 lakh as insurance cover"

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts,...

Maruti Suzuki plans to increase vehicle prices from next month

India’s leading automaker Maruti Suzuki has decided to increase the prices of its vehicles from January 2020. In a filing at the NSE, the company...

Saudi Arabia increases light crude prices for Asia to six-year high

Saudi Arabia raised on Monday its light crude prices for sales to Asia in January to the highest in six years, tracking gains in...

CAIT calls Amazon, Flipkart as 'Economic terrorists'

Traders' body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them "economic terrorists," and demanded that the government take action...

Hinduja's Ashok Leyland sales dip by 22 percent in November to 10,175 units

India's largest automaker giant Ashok Leyland has reported a decline of 22 percent in total commercial vehicle sales at 10,175 units in November. In a...

Walmart partners with HDFC Bank launches co-branded credit card for members of Wholesale B2B cash & Carry stores

HYDERABAD: Walmart India, in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale...

Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

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