China slaps $1.18 bn fine on ride-hailing major Didi Global over national security
The senior executive will Cheng Wei and Jean Liu Qing each fined 1 million yuan, said the regulator, reported the South China Morning Post. CAC...
India Inc signs 1,149 deals worth over $104 bn in 2022 first half
These figures represent a significant 34 percent increase in the overall volume of agreement, while the agreement value is more than doubled (with an increase...
Crypto exchange Zipmex pauses withdrawals until further notice
The exchange of digital assets has operations in Singapore, Australia, Indonesia and Thailand.In a tweet on Wednesday night, Zipmex said that because of the combination...
Hyundai sells 1.88 mn vehicles in first 6 months, Q2 profit jumps 56%
Net profit for three months ended in June rose to 3.08 trillion Won (US $ 2.34 billion) from 1.98 trillion Won over the same period...
Tesla sold 75% of its Bitcoin, Musk says Dogecoin still with him
Last year, Tesla invested $ 1.5 billion in Bitcoin and announced that they would receive Bitcoin as payment. In the second quarter revenue call (Q2)...
Big Tech urges India to relax new IT rules as Indonesia fixes them (Lead)
In a letter to the IT Ministry, a coalition representing Apple, Meta, Google, Amazon, Twitter, and Spotify, among others, said that the changes proposed in...
Twitter can also be made liable for fraudulent disclosure on bots, thinks Musk
In a tweet to Musk, a follower wrote to Musk that under the SEC Rule 10b-5, Twitter “can be liable for omissions of or misleading...
Delhi HC stays guidelines that restrained eateries from levying service charges
When he heard the request of the Indian National Restaurant Association (NRAI) that challenged the new guidelines, Judge Yashwant Varma commented: “Don’t pay. Don’t enter...
Jio Institute will prepare the next generation of global leaders: Nita Ambani
As the first batch of Jio Institute, you will take the first step, to the extraordinary future that we hope can be built together, “he...
Amazon, FB, Google suppress competition, favour their products: US govt panel
New documents include internal Facebook documents, which show the company views itself as dominant in the social networking market and isolating itself from competitive threats....