business news

Stocks in the Asia-Pacific mostly fell on Monday as shares of Adani Group remained volatile after the conglomerate rebutted short seller firm Hindenburg’s accusations of embezzlement and fraud. India’s Nifty 50 Index traded 0.3% lower after hitting three-month lows on last week’s rout of Adani shares. Mainland Chinese markets rose on resuming …

Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of Nissan shares into a French trust, the companies said. Voting rights in the trust would be ”‘neutralized’ for most of the decisions, but the economic rights (dividends …

KEY POINTS Unlike its larger American peers, TikTok hasn’t faced the kinds of mega fines or legal penalties that Google, Facebook-owner Meta or Amazon have in the EU over the years. TikTok has stayed out of regulatory scrutiny partly because it’s kept out of the crosshairs of commercial interests in …

The reason behind Musk’s change of name is an inside joke as a lawyer representing investors of Tesla during a hearing had referred to him as such.SpaceX and Tesla founder and CEO Elon Musk is known for his eccentric posts on Twitter, the microblogging website he took over last year. Showing his …

CLSA assessed that the exposure of public sector banks has not increased in the past three years. Amid the dust raised by Hindenburg Research’s report on the Adani Group, CLSA said the Indian banking sector’s exposure to the group is less than 40 per cent of total group debt. Analysts with …

Coinbase will be supporting Web 3.0 entrepreneurs of Telangana through capacity-building sessions, mentorship programs, and promoting initiatives. The Telangana Government has signed an agreement with Coinbase Inc. to jointly build a strong Web 3.0 community in the State. Coinbase will be supporting Web 3.0 entrepreneurs of Telangana through capacity-building sessions, …

The number of new cars made in the UK has sunk to its lowest level for 66 years as firms warn the country is not doing enough to attract manufacturers. The 10% drop is the worst performance since 1956, according to the Society of Motor Manufacturers and Traders. A struggle …

Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m (£162m). The firm now owns the pop star’s stake in some of the biggest hits of recent years, including Baby and Sorry. Bieber, one of the best-selling artists of the …

ShareChat, the Indian social media platform, announced today that co-founders Bhanu Pratap Singh and Farid Ahsan have stepped down from their active roles in the company. According to a ShareChat spokesperson, the duo has played a vital role in building the company to unicorn status and beyond. However, they will …

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended deep in red on Wednesday falling below the crucial levels on the monthly F&O expiry day. The bloodbath on the Dalal-street pulled all the broader and sectoral indices down. The BSE Sensex crashed 773.69 points or 1.27% to …