Business
Ex-CEA K. Subramanian to be India’s Executive Director at IMF
New Delhi, Aug 26 Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for India at the International Monetary Fund (IMF) from November onwards. The Appointments Committee of Cabinet (ACC), in an order issued on Thursday, said that Subramanian will have a three year tenure or until ...Adani says NDTV’s contentions ‘baseless and devoid of merit’
Ahmedabad, Aug 26 Adani Enterprises said on Friday that the contentions raised by NDTV promoter company, RRPR, are "baseless, legally untenable and devoid of merit". RRPR is therefore bound to immediately perform its obligation and allot the equity shares as specified in the Warrant Exercise Notice, Adani Enterprises said in ...India pips China, becomes 2nd-largest smartwatch market globally for 1st time
New Delhi, Aug 25 Riding on homegrown brands, India has piped China to become the second largest smartwatch market globally for the first time, growing 347 per cent (year-on-year), a new report showed on Thursday.Indian brands such as Fire-Boltt and Noise took top spots in the global market share, as ...UP now most preferred investment destination: Yogi
Lucknow, Aug 15 Uttar Pradesh Chief Minister Yogi Adityanath on Monday hoisted the Tricolour at the Vidhan Bhawan for the sixth consecutive year. In his address on the occasion, the chief minister said that Uttar Pradesh has become the most preferred destination for investors in the past five and a ...Fitness company Peloton lays off 780 employees, shuts stores
San Francisco, Aug 13 US exercise equipment and media company Peloton has laid off roughly 780 employees, shut down several stores and hiked prices on bikes and treadmills. In order to rebalance its e-commerce and retail mix to drive efficiencies, the company said it will reduce retail presence across North ...Apple, Meta once planned to build businesses together: Report
San Francisco, Aug 13 Apple and Meta (formerly Facebook), at the loggerheads over privacy changes in iOS and App Store, once planned to "build businesses together" where Apple was in discussions with Mark Zuckerberg-run social network about how it could make more money from its ad revenue. According to a ...Johnson & Johnson to stop selling and making talc-based baby powder globally
London, Aug 12 Johnson & Johnson is to stop selling and making talc-based baby powder globally, two years after it ended sales in the US and Canada, the media reported. The healthcare firm has faced tens of thousands of lawsuits from consumers who allege its talc products, including the instantly ...ITC Hotels unveils its 12th property in Gujarat with the iconic ITC Narmada
Ahmedabad, Aug 10 Bringing the ultimate luxury hospitality experience to Ahmedabad, ITC Hotels announced the inauguration of its premium luxury hotel - the ITC Narmada, in India's first UNESCO World Heritage City of Ahmedabad. Chief Minister of Gujarat, Bhupendra Patel inaugurated the iconic property situated at the heart of the ...Jeff Bezos, Bill Gates funding massive treasure hunt in Greenland
Washington, Aug 9 Some of the world's richest men, including Jeff Bezos and Bill Gates, are funding a massive treasure hunt, complete with helicopters and transmitters, on the west coast of Greenland. The climate crisis is melting Greenland down at an unprecedented rate, which -- in a twist of irony ...Hyundai Motor sells 1 mn ‘green’ cars, shows data
Seoul, Aug 8 Hyundai Motor Group's cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market, data showed on Monday. The automaking giant said its two carmaking affiliates -- Hyundai Motor Co. and Kia Corp. -- sold a combined ...