New Delhi: More than 60 per cent of shareholders of edutech Byju's Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, calling...
Mumbai: Reserve Bank of India Friday said the National Payments Corporation of India (NPCI) has been asked to examine the possibility of it becoming a third-party application provider for continued UPI operations of the Paytm app. The central bank has barred Paytm Payments Bank from...
Mumbai: Reserve Bank Friday permitted banks and non-banking institutions to issue pre-paid instruments (PPIs) for making payments across various public transport systems. With the introduction of these instruments, commuters will have more options to pay for tickets besides cash mode. The instrument will provide convenience,...
Bhubaneswar: Kalyani Steel Ltd Friday signed an MoU with the Odisha government to set up a manufacturing facility with an investment of Rs11,750 crore. The project for manufacturing titanium metal, aerospace and automotive components and advanced speciality steel at Gajamara in Dhenkanal district will create...
San Francisco: Reddit has struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve products such as online search. The arrangement, announced Thursday and valued at roughly $60...
New Delhi: Successful conclusion of India's proposed trade agreements with the UK, Oman and four European nation bloc EFTA will reflect its commitment to trade liberalisation and economic integration at a time when the whole world is turning protectionist, according to a report. Economic think...
New Delhi: Union Minister of State for Electronics and Technology Rajeev Chandrasekhar Friday expressed concern over the potential violation of Indian IT laws by Google's Gemini AI chatbot. His reaction comes after users on the social media platform X posted Gemini AI responses regarding Prime...
San Francisco: Vice Media chief executive officer (CEO) Bruce Dixon has said that the company will be laying off hundreds of employees and will cease publishing content to its website as it plans a shift toward social platforms. Dixon informed about this development to employees...
New Delhi: A group of four investors of Byju's has filed an oppression and mismanagement suit against the management of the company before the Bengaluru bench of the NCLT, seeking declaring of founders, including CEO Byju Raveendran, as unfit to run the company, and appointing...
Bhubaneswar: Odisha Chief Minister Naveen Patnaik Thursday inaugurated Accenture's Advanced Technology Centre here. Inaugurating the facility, Patnaik said, "Over the years, resurgent Odisha has scripted success stories. The new Odisha is forging ahead towards progress, buoyed by innovation, new ideas and strong entrepreneurial ethos." "Odisha's...
It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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Let us discuss what is called merit. The British middle class is 60 per cent of the population. The working...
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