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Jio Financial Services hits 2 lakh crore market cap, a 1st: What's happening

Updated on Feb 23, 2024 01:27 PM IST

Jio Financial Services share: As of now, 39 firms are trading above ₹2 lakh crore market capitalisation on local stock exchanges.

Reliance Industries Chairman, and Managing Director Mukesh Ambani.(ANI)

India's new FDI rule may be a blessing for Elon Musk's SpaceX; here's how

India has given the go ahead for 100% foreign direct investments in the space sector, paving way for Elon Musk's SpaceX in the country.

Elon Musk's Starlink can enter Indian market through Centre's new rule(Reuters file photo)
Published on Feb 23, 2024 11:12 AM IST
ByVaishnawi Sinha

Vice Media to lay off ‘several hundreds’ and stop publishing on its site

Vice Media Layoffs: Last year, Vice had filed for bankruptcy in the US and announced the shutdown of its Asia bureau.

Vice Media Layoffs: The Vice logo is seen.(AP)
Updated on Feb 23, 2024 10:49 AM IST

Elon Musk calls Google ‘insane racist, anti-civilizational' over Gemini chatbot

Elon Musk called Google 'insane' and 'anti-civilization'.

Tesla and SpaceX's CEO Elon Musk(Reuters)
Updated on Feb 23, 2024 10:20 AM IST

When Zerodha's Nikhil Kamath revealed he prefers renting over buying a house

Nikhil Kamath revealed that he continues to to stay in a house that was not owned by him.

Zerodha co-founder Nikhil Kamath.
Updated on Feb 23, 2024 10:03 AM IST

Electric bike-sharing platform Yulu Bikes raises USD 19.25-million capital in equity funding

Electric bike-sharing platform Yulu Bikes raises USD 19.25-million capital in equity funding

HT Image
Updated on Feb 23, 2024 09:46 AM IST
PTI |

Fidelity Manager Dumps Nearly All Treasuries on Growth Optimism

A Fidelity International money manager has sold the vast majority of US Treasuries from funds he oversees on expectations the world’s biggest economy still has room to expand.

HT Image
Updated on Feb 23, 2024 09:45 AM IST
Bloomberg |

Frustrated parent seen taking TV from Byju's office: ‘Refund money, then…’

Byju Viral Video: The parent was heard telling the office staff, “Refund the money and take it back.”

Byju Viral Video: The parent was heard telling the office staff to refund the money.
Published on Feb 23, 2024 09:36 AM IST

Opening bell: Nifty hits fresh life-time high; Sensex gains 70 points

Opening bell: Nifty hits fresh life-time high; Sensex gains 70 points

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Feb 23, 2024 09:20 AM IST

Sovereign Gold Bond allotment: How to check SGB issuance status

Sovereign Gold Bond allotment: If you applied for the latest tranche, you can check your allotment status using a few simple ways.

Sovereign Gold Bond: Here's how you can check the allotment status.(Reuters)
Published on Feb 23, 2024 09:16 AM IST

Byju Raveendran says investor move to oust him is illegal: ‘No required quorum’

Byju's Crisis: Byju Raveendran said, “It is with firm resolve that I inform you that neither I nor any other Board member will attend this invalid EGM."

Byju EGM: Byju Raveendran, founder of Byju's, the Bangalore-based educational technology start-up.(AFP)
Published on Feb 23, 2024 09:00 AM IST

Nvidia's market cap now bigger than India's BSE Sensex

Nvidia, which has half the size of Sensex last year, now has a market cap larger than all 30 listed companies on the BSE index combined.

Nvidia recorded a $650 billion jump in market value(Reuters)
Published on Feb 23, 2024 08:56 AM IST
ByVaishnawi Sinha

Nvidia identifies Huawei as top competitor for the first time: What this means

Nvidia said that China's Huawei competes in supplying chips designed for artificial intelligence.

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard.(Reuters)
Published on Feb 23, 2024 08:51 AM IST
Reuters |

What is Nvidia H100? The chip behind its meteoric stock rally

Nvidia Stock Rally: The H100, whose name is a nod to computer science pioneer Grace Hopper, is a graphics processor.

Nvidia Stock Rally: NVIDIA HGX AI Supercomputer on display during the annual Foxconn Tech Day in Taipei, Taiwan.(Reuters)
Published on Feb 23, 2024 08:45 AM IST
Bloomberg |

Nvidia is ‘printing money’: Now more valuable than Mark Zuckerberg's Meta

Nvidia's shares jumped 16% adding about $277 billion in market capitalization.

Nvidia Quarterly Results: An Nvidia logo is shown on a screen.(AFP)
Updated on Feb 23, 2024 09:53 AM IST

JPMorgan CEO Jamie Dimon sells about $150 million of his shares

Jamie Dimon and his family intend to sell 1 million of their 8.6 million shares, the bank had said in a filing last October.

JPMorgan Chase CEO and Chairman Jamie Dimon gestures.(Reuters)
Published on Feb 23, 2024 08:06 AM IST
Reuters |

Where are the jobs? Business schools struggling to place students

This could be one of the most difficult placement seasons for top business and tech schools.

The BITS Pilani campus is seen.
Updated on Feb 23, 2024 07:48 AM IST

Pakistan to seek at least $6 billion in new IMF loan program

Pakistan Economy: Pakistan will seek to negotiate an Extended Fund Facility with the IMF, the report said.

Pakistan Economy: A dark street in a commercial area in Lahore, Pakistan.(Bloomberg)
Published on Feb 23, 2024 07:32 AM IST
Reuters |

Foreigners Pursue Every Avenue to Access Hot India Bond Trade

Overseas investors are showing such keen interest in India assets that they are taking proxy exposure to the country even if they don’t have the license or physical presence to trade there.

HT Image
Updated on Feb 23, 2024 07:17 AM IST
Bloomberg |

Byju's shareholder EGM today, investors to vote on ouster of CEO Raveendran

Byju's shareholders are set to conduct an emergency meeting today to decide on the ouster of CEO Byju Raveendran and his family as the board of directors.

Byju Raveendran, founder of Byju's, the Bangalore-based educational technology start-up.(AFP)
Published on Feb 23, 2024 06:44 AM IST
ByVaishnawi Sinha

Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers

Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers

HT Image
Updated on Feb 23, 2024 10:12 AM IST
AP |

‘Monetary policy must remain vigilant’: RBI governor on inflation

RBI MPC minutes: The monetary policy committee decided to leave the repo rate unchanged at 6.5 per cent for the sixth time in row.

RBI governor Shaktikanta Das.
Published on Feb 22, 2024 10:47 PM IST
PTI |

Byju Raveendran to attend EGM that will vote on his ouster? Edtech firm says…

Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members

A file photo of Byju Raveendran
Published on Feb 22, 2024 10:35 PM IST

Why is RBI so cranky about fintech firms after Paytm crisis?

More non-bank intermediaries may expect a rap on the knuckles. Just what has made the Reserve Bank of India so cranky all of a sudden

While freezing fresh credits into Paytm Payments Bank accounts for “persistent non-compliances and continued material supervisory concerns,” RBI mandated that the bank terminate the nodal accounts of One 97 Communications Ltd.(PTI Photo)
Updated on Feb 22, 2024 10:11 PM IST
Bloomberg |

Interested in artificial intelligence? Perplexity AI CEO's advice for freshers

Perplexity AI CEO Aravind Srinivas told freshers that this is the best way to decide what career you want to pursue.

Perplexity AI's CEO Aravind Srinivas is seen.
Updated on Feb 23, 2024 01:56 PM IST

For Uber CEO Dara Khosrowshahi, India holds the key

Uber CEO Dara Khosrowshahi said, “India is one of the toughest markets out there; they are so demanding and do not pay for anything.”

Dara Khosrowshahi, Uber CEO, is seen. (AFP)
Updated on Feb 24, 2024 12:17 PM IST

MPC Minutes: Why did RBI keep policy rate unchanged? Shaktikanta Das explains

RBI governor Shaktikanta Das said that price and financial stability are essential to sustain a long haul of high growth.

RBI governor Shaktikanta Das.(ANI file)
Updated on Feb 22, 2024 06:47 PM IST

This Indian-origin Microsoft employee quit his job. Shark Tank US gave him…

Aabesh De launched a houseplant health company Flora which builds a soil meter.

Aabesh De, founder and CEO of Flora is seen in Shark Tank US.
Published on Feb 22, 2024 05:00 PM IST

Sensex jumps by 535 points to close at 73,158; Nifty at 22,217

Sensex jumps by 535 points to close at 73,158; Nifty at 22,217

People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)
Updated on Feb 22, 2024 04:47 PM IST
PTI |

Anupam Mittal on being jobless in US: ‘Sent out 800 resumes, in 3 years…’

Shark Tank Anupam Mittal: The Shark Tank judge said he had "terrible experiences" while he was trying to find a job in the IT sector.

Shark Tank Anupam Mittal: Anupam Mittal is seen.
Updated on Feb 22, 2024 03:37 PM IST
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