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Elon Musk's X likely to get money transmitter licenses in New York and California soon Elon Musk's X platform is close to getting money transmitter licenses in New York and California, a step towards offering payment features and becoming an 'everything app' like WeChat.

Air India-Vistara merger: The routes that will be in focus The approval by Singapore’s Competition and Consumer Commission offers a peek into the routes that the merged airline will fly on

Elon Musk reignites ‘fight’ challenge with Mark Zuckerberg, says ‘ready anywhere, anytime’ This comes after in August 2023 Mark Zuckerberg said Elon Musk is not serious about the competition and it’s ‘time to move on’ following days of speculations and rumours over the net over an epic cage...

Xtended Space secures funding from Hindustan Media Ventures The investment in the peer-to-peer AI storage platform will enable the startup to address the increasing demand for innovative self-storage solutions in prop-tech.

Govt to offload up to 7% stake in NLC India through OFS to raise ₹2,200 crore Centre is likely to offload up to 7% stake in coal miner NLC India through an offer for sale (OFS) this week, to raise up to ₹2,200 crore ($266 million) at current prices

How McDonald’s ended up in a 'fake cheese' mess The Maharashtra FDA alleged that a McDonald’s outlet used cheese analogues in some products. They were marketed as containing real cheese. Westlife, which operates McDonald’s restaurants in 11 states, denied any wrong doing but the issue has...

Mint Explainer: Is the Tata Motors demerger a strategic gambit or a non-event? While demergers have traditionally been viewed positively from the point of view of creating shareholder value, Tata Motors' decision to split its two core businesses has stirred diverse reactions

Meta plans first data centre in India to meet growing demand for Reels. Details here The social networking giant Meta Platforms is planning to set up its first data centre in India to meet the growing demand for its short video feature Reels in the world’s second-largest internet market

Ceat’s tech focus could offer it an edge The road ahead for the tyremaker is likely to be driven by the digital and technological initiatives it takes.

Fly91 gets Air Operator's Certificate, to start flights soon—know more about routes The Directorate General of Civil Aviation (DGCA) on Wednesday issued the Air Operator’s Certificate (AOC or licence) to aviation veteran— Manoj Chacko backed Fly91. The new regional airline will take to the skies...

Elon Musk's Tesla halts production at German factory after suspected arson attack, billionaire says ‘extremely stupid’ Burning of electrical cables at Tesla's German factory leads to production halt and power outage. Far-left group claims responsibility for sabotage, citing environmental...

Lok Sabha 2024 Polls: Mysore Paints prepares for massive indelible ink demand, says report As India gears up for the upcoming general elections, Mysore Paints and Varnish Ltd (MPVL), the sole manufacturer of indelible ink, is working tirelessly to meet the unprecedented demand. The company has...

Credit Card Fraud: American Express blames third-party vendor for data breach, says report Credit Card Fraud: American Express disclosed a data breach impacting some cardholders, but assures its own systems are secure. The breach originated from a third-party merchant processor and may have...

Kerala government job creation: ₹1,520.69 crore investment yields 5,839 jobs in 8 years, shows RTI Kerala government's investment of ₹1,520.69 crore created 5,839 jobs in companies with ₹5 crore turnover, as per an RTI response. An activist raised concerns over the effectiveness of government...

IIFL Finance says Watsa's Fairfax to invest up to $200 mn in liquidity support RBI’s embargo on IIFL Finance disbursing gold loans had raised liquidity concerns

Reliance Capital's lenders' legal advisors ask Hinduja Group to submit resolution plan before March 31, says report Legal advisors have urged Hinduja Group to implement a resolution plan for Reliance Capital by March 31, 2024, despite the 90-day window granted to winning bidder IIHL.

Manju Agarwal resigns from CMS Info amid criticism over 'preoccupation', stepped down from Paytm Bank Board earlier Former SBI deputy MD Manju Agarwal resigned from CMS Info Systems board amid criticism over her earlier exit from Paytm Payments Bank. Proxy advisories questioned her 'selective...

Mark Zuckerberg's Meta loses $3 billion after Instagram, Facebook global outage, company's share price tumbles Mark Zuckerberg, founder, chairman and CEO of Meta, lost over USD 2.79 billion in a day to USD 176 billion in his new worth, as per Bloomberg Billionaires Index, but he maintained his...

Identity verification startup IDfy raises $27 mn IDfy positions itself as an all-encompassing identity platform, offering services in KYC, KYB, background checks, risk mitigation, digital onboarding, and privacy solutions

Accenture to acquire Udacity in $1 bn upskilling drive Accenture's acquisition of edtech platform Udacity is part of its broader initiative to invest $1 billion over three years in enhancing upskilling opportunities for its clients