DTI News

February 23, 2025
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Category: Business

Zomato co-founder Mohit Gupta suddenly resigns

NEW DELHI: Online food delivery platform Zomato Co-founder Mohit Gupta has resigned from his post. The company attached a farewell message from Gupta, who said he will remain a “long only investor in Zomato”. According to the report, he has shared the reason for this resignation. Also indicated about his next step. Although what they…

Top, Business, Gadgets, Latest News

Elon Musk reportedly likely to lay off 75 % of its staff after buying Twitter: Report

WASHINGTON: After Elon Musk buys Twitter, there may be a massive layoff in the company. According to the famous newspaper Washington post. According to the Washington post, while presenting the deal to buy Twitter to investors, Elon Musk has said that he plans to lay off about three-quarters of the company’s employees. There are currently…

Latest News, Business, Latest World

IDBI Bank privatization: Govt, LIC to sell 60.72 % stake, last date for submission of bids on December 16

NEW DELHI: The government on Friday announced the privatization of IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in financial institution. The government has asked investors to submit their bids, the last date for which is December 16. The government is going to sell a…

Business, Latest Business, Latest News

BSE gets permission to start social stock exchange as separate segment, non-profit organizations can directly listing

MUMBAI: The country’s oldest stock exchange BSE has got in-principle approval to start a social stock exchange. The regulator of the stock market, SEBI has allowed BSE to start a separate social stock exchange. BSE has informed in a regulatory filing on the National Stock Exchange that SEBI has given in-principle approval to BSE to…

Business, Latest Business, Top

Twitter shares rise 22% after Elon Musk proposes to buy company for original price of $54.20 per share: Report

Tesla CEO Elon Musk changed course and agreed to buy Twitter for the agreed upon price, according to a filing on Tuesday. Washington: Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. Twitter shares closed up more than 22% on the news. The social media company…

Latest World, Business, Latest News

Why dollar strength so hike? Which causes panic all over the world

NEW DELHI: The US dollar is at its strongest in past decades relative to other currencies. Means that buying dollars has become more expensive, and a dollar can now buy more pounds, euros or yen than ever before. The U.S. dollar is strong when the dollar’s value is high relative to other currencies when compared to the historical…

Business, Latest News

RBI hikes repo rate again by 50 basis points to 5.9 % to control inflation

NEW DELHI: The Reserve Bank of India (RBI) has increased the repo rate for the fourth time in a row. RBI Governor Shaktikanta Das on Friday announced a 50 basis point increase in the repo rate, which will be applicable with immediate effect. The Indian rupee (INR) has depreciated 7.4 % in the financial year…

Top, Business, Latest Business

Indian rupee falls past Rs 80.47 against US dollar

NEW DELHI: A historic fall in the Indian rupee has been recorded against the US dollar on Thursday. On Wednesday, the Indian rupee declined 22 paisa to closed at 79.98. While the decline in the Indian currency continued on Thursday. According to the report, the rupee has reached the level of 80.47 against the dollar….

Business, Big Stories, Latest News

Center encourages Ladakh Produce brand, around 35 MT fresh Apricots export from Ladakh to Singapore, Mauritius, Vietnam for first time in this year

During 2022 season, 35 MT fresh Apricots exported from Ladakh to Singapore, Mauritius, Vietnam for the first time APEDA organized an international buyer-seller meet in Leh on June 14, 2022 LADAKH: In a move aimed at boosting export of agricultural and food products from Ladakh, the Ministry of Commerce and Industry through its export promotion body…

Business, Latest News, Latest World

Former Tata Sons Chairman killed in road accident after car hit a driver near Mumbai

MUMBAI: Former Tata Sons chairman Cyrus Mistry has passed away on Sunday in a road accident after his car hit a divider in Maharashtra’s Palghar district neighbouring Mumbai, a police official said. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car, he said. “The accident took place around 3.15 pm, when Mistry was…

Business, Big Stories, National, Top