India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab Emirates and India using the dirham (AED) or Indian rupee (INR) to reduce U.S.-dollar-based transactions, five sources told Reuters.
According to three...
Uber CEO Dara Khosrowshahi has never been afraid to criticize the offerings of his company. He often brings up Uber's shortcomings most recently a recent GE event in Manhattan. Khosrowshahi shared at the occasion about his experience going undercover...
Rapido, a well-known auto-tech aggregator in India, has announced an initiative to equip 1000 auto-rickshaws in Delhi with seatbelt systems to enhance passenger safety and rain curtains to aid commuters navigate adverse weather conditions.
This ground-breaking move underscores Rapido's dedication...
Jeff Bezos, the founder of Amazon.com, is acquiring a sizable waterfront property in Florida to add to his collection of homes. Bezos, who is the third richest person in the world, is spending $68 million to make this new...
Early on Friday, shares of the world's largest online food delivery company, Zomato, suddenly increased by over 10 percent. A day after the company reported its first-ever quarterly profit of Rs 2 crore in Q1FY24, compared to a loss...
Ola Electric, an EV manufacturer based in Bengaluru, announced on Sunday that the S1 Air electric scooter will be available to all customers who are not reserves for a price of Rs 1.1 lakh. This offer is valid through...
Have you ever wondered what life would be like in the event that everyone disappeared overnight?
If every human disappeared, homes would decay, animals would fend for themselves, and cities would revert back to nature. There would be no more...
BYJU'S is facing multiple types of challenges, including a delay in submitting its financial statements and concerns over corporate governance, according to a senior government official, and the corporate affairs ministry has ordered an inspection of the company's books.
The...
The Tamilnadu Mercantile Bank (TMB), according to the income tax authorities, did not provide all the details regarding transactions worth up to Rs 3,610 crore, but sources told Business Standard that this was due to a technological glitch. The...
The maker of the video game Pokemon Go, Niantic, has announced that it is letting off of 25% of its staff since a decline in demand for video games after the Covid-19 pandemic's spike in downloads. According to a...