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Business (Page 54)

Markets open in green with Sensex at 62,265, Nifty at 18,531

2022-12-14
In: Business

Markets open in green with Sensex at 62,265, Nifty at 18,531 ABOUT THE AUTHOR Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs,Continue Reading

The versatile OnePlus Monitor X27 misses a ripe chance for a shock price tag

2022-12-14
In: Business

We often complain about the sea of sameness, that defines the smartphone market. This has flown under the radar for the longest of durations, but external displays and PC monitors haven’t embarked on anything remotely exciting for quite some time now. Not that display companies had to rush in urgentContinue Reading

Microsoft offers Sony a deal to make Call of Duty available on PlayStation

2022-12-13
In: Business

In a bid to win regulatory approval for its $69 billion purchase of Activision Blizzard Inc., Microsoft Corp. has offered rival Sony Group Corp. the right to sell Activision blockbuster Call of Duty as part of its gaming subscription service. Microsoft has publicly stated that it offered Sony a 10-yearContinue Reading

India will be first to hold satellite spectrum auction: Trai Chairman

2022-12-13
In: Business

PTI | | Posted by Singh Rahul Sunilkumar India will be the first country to auction spectrum for satellite communication, and it should be designed to attract investments in the sector, telecom regulator Trai chairman PD Vaghela said on Tuesday. Speaking at a Broadband India Forum summit on SatCom, VaghelaContinue Reading

Hurun Global 500 List: Reliance most-valued Indian company, India jumps to 5th

2022-12-13
In: Business

As many as twenty Indian companies are now among the 500 most-valued firms in the world, according to the 2022 Hurun Global 500 list, with India improving its position to fifth, up four spots from the previous edition. In 2021, as many as eight Indian companies were listed by HurunContinue Reading

Sam Bankman-Fried, founder of crypto firm FTX, charged with defrauding investors

2022-12-13
In: Business

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors. An SEC complaint filed Tuesday alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting FTX as a safe, responsibleContinue Reading

Byju’s creditors ask for quicker part-payment of $1.2 bn loan

2022-12-13
In: Business

A group of creditors to Byju’s, India’s most valuable startup, has asked the company to immediately repay part of a $1.2 billion loan they recently bought into as they renegotiate terms of the debt, according to people familiar with the matter. The lenders have hired Houlihan Lokey Inc. to adviseContinue Reading

SBI hikes interest rates for fixed deposits less than ₹2 crore

2022-12-13
In: Business

The State Bank of India, one of the country’s biggest lenders, has hiked its fixed deposit rates for some maturity periods on deposits less than ₹2 crore from today. The revised rates will be applicable to the fresh deposits and renewals of maturing deposits, the bank mentioned on its officialContinue Reading

Hailed as ‘next Warren Buffet’, Sam Bankman, whose crypto empire crashed, held

2022-12-13
In: Business

Embattled cryptocurrency mogul and former FTX CEO Sam Bankman-Fried was arrested in the Bahamas after being criminally charged by US prosecutors. US officials have been seeking to charge Bankman-Fried after the spectacular collapse of his FTX platform. The arrest comes on the eve of Bankman-Fried’s scheduled appearance at a USContinue Reading

Microsoft ‘best-managed’ US company in 2022, study says | Check top 10

2022-12-13
In: Business

Microsoft Corp. is the ‘best-managed’ company in the United States, according to the 2022 edition of ‘Management Top 250,’ an annual list of the 250 ‘best-run’ firms in the US compiled by Drucker Institute. While Microsoft maintained its top spot for the third straight edition, it was followed by AppleContinue Reading

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