Mumbai: The People’s Bank of China has increased its stake in the lending major Housing Development Finance Corporation (HDFC) to 1.01 per cent. The central bank of China currently has nearly …
People’s Bank of China increases stake in HDFC to over 1% Read More
New Delhi: With the coronavirus crisis severely hurting the Chinese economy and businesses, a report has suggested that around 2.47 lakh companies in the country have declared bankruptcy during the …
COVID effect: 2.47 lakh Chinese firms go bankrupt in Jan-Feb Read More
San Francisco: Facebook spent $23.4 million on its CEO Mark Zuckerberg’s personal security and air travel last year — $3.4 million up from what he received for security and air travel …
Facebook spent $23.4 million on Zuckerberg’s security, air travel in 2019 Read More
Seoul: South Korean tech giant Samsung is reportedly designing a custom Exynos chip for Google. This Exynos chip will feature two Cortex-A78, two A76 and four A55 cores. The GPU will …
Samsung designing custom Exynos chip for Google: Report Read More
New Delhi: Disney’s video on-demand streaming service Disney Plus (Disney+) has garnered approximately 8 million paid subscribers for its Disney+ Hotstar video streaming service in India in just one week of …
Disney+ Hotstar India garners 8 million subscribers in 1 week Read More
Kuwait City: Mexico suspended the agreement reached by all OPEC+ group members at Thursday’s meeting to reduce oil production by about 10 million barrels per day, Kuwait’s oil minister Khaled al-Fadhel …
Confusion worsens: Mexico delays deal reached by OPEC+ to cut oil output Read More
San Francisco: Citing privacy and security concerns, Google has banned video meeting app Zoom for its employees which is not surprising as Google itself has a popular enterprise tool called Meet …
Google bans Zoom for workers, makes its Meet app free till Sep 30 Read More
Beijing: Multiple third-party resellers in China are offering discounts on the iPhone 11 lineup in an attempt to bolster demand during a time when consumer confidence and spending is low …
Apple retailers in China offer steep discounts on iPhone 11 series Read More
New Delhi: State-owned oil marketing companies (OMCs) including Indian Oil, BPCL, HPCL may see significant erosion in the earnings during the January-March quarter of FY20 even though low crude and product …
Oil companies to report big losses as lockdown shrinks sales Read More
New Delhi: Reliance Industries’ Chairman Mukesh Ambani has been ranked 17th in the latest world billionaires list by Forbes with a net worth of $44.3 billion – once again leading the …
Mukesh Ambani with $44bn top Indian in Forbes world billionaires’ list Read More