In a historic moment for India-UK relations, Sunil Bharti Mittal, the esteemed Founder and Chairperson of Bharti Enterprises, has been bestowed with an Honorary Knighthood by King Charles III of the United Kingdom. This prestigious recognition marks Mittal as the first Indian recipient of such an honor from King Charles.
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“Alphabet’s $90 Billion Market Value Plunge Linked to Google’s Gemini Controversy”
Google's parent company Alphabet experienced a significant dip in market value, with reports indicating a staggering loss of approximately $90 billion on Monday, February 26. This plunge comes amidst a storm of controversy surrounding Gemini, the company's generative artificial intelligence product. Shares of Alphabet plummeted by 4.5% to $138.75, marking its lowest price since January 5 and its second-largest daily loss in the past year, as reported by Forbes.
Read More »Vir Das Criticizes IndiGo for Frequent Flight Delays, Airline Responds
Actor-comedian Vir Das has taken to social media to express his frustration with IndiGo airlines, highlighting what he perceives as frequent flight delays. In a recent post on X, Das shared his dismay at experiencing delays for the fifth consecutive time while flying with IndiGo, prompting a response from the airline.
Read More »“Indian-Origin Woman Alleges ₹13.5 Crore Fraud by ICICI Bank Manager in Investment Scheme”
In a shocking revelation, an Indian-origin woman has alleged that she was duped of a staggering ₹13.5 crore by a manager at ICICI Bank through purported fraudulent activities. Shveta Sharma, who returned to India from the United States in 2016, claims she entrusted her savings to the bank for investment in fixed deposits, only to discover that her entire life savings had vanished.
Read More »“Report: Paytm Considering Collaboration with Four Banks for UPI Transactions”
In response to regulatory directives to wind down its operations by March 15, Paytm Payments Bank, a key player in India's digital payment sector, is reportedly considering partnerships with major banks for Unified Payments Interface (UPI) transactions.
Read More »Vijay Shekhar Sharma Steps Down as Chairman of Paytm Payments Bank Amid Regulatory Scrutiny
In a significant move within India's fintech landscape, Vijay Shekhar Sharma, the founder of Paytm, has relinquished his role as the part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL). This development comes as PPBL faces mounting pressure from regulatory authorities and a mandate to wind down its operations by March 15.
Read More »Amazon Customer Claims Receipt of ‘Fake’ iPhone 15,Without Charger Company Responds
An Amazon customer recently took to social media to express frustration after allegedly receiving a counterfeit iPhone 15 from the e-commerce giant. The individual, using the handle @GabbbarSingh, shared a photo of the purported 'iPhone 15', lamenting the absence of a charging cable and questioning the authenticity of the product. The post quickly gained traction, prompting a response from Amazon.
Read More »“Byju’s CEO Byju Raveendran Confirms Leadership Despite Shareholder Actions”
Byju Raveendran, CEO of the prominent edtech firm Byju's, has reassured employees that he remains the chief executive officer of the company, dispelling rumors of his ousting following a shareholder vote. In a letter addressed to staff members, Raveendran refuted media reports suggesting his removal from the CEO position as "greatly exaggerated and highly inaccurate."
Read More »Google Pay to Cease Operations in US, Continues Uninterrupted in India and Singapore
In a strategic realignment of its payment services, Google has announced the discontinuation of Google Pay in the United States, while ensuring uninterrupted service for users in India and Singapore. The decision, communicated through an official blog post on Thursday, reflects Google's commitment to enhancing its payment ecosystem and optimizing user experience.
Read More »“RBI Permits Bank and Non-Bank Prepaid Instruments for Public Transport Payments”
In a significant move aimed at promoting digital transactions and enhancing convenience for commuters, the Reserve Bank of India (RBI) has announced that prepaid payment instruments (PPIs) managed by both banks and non-banking institutions can now be utilized for making payments across various public transport systems.
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