Major Amazon aggregator Thrasio files for bankruptcy in US
San Francisco, Feb 28 (IANS) Thrasio Holdings Inc, an aggregator of private brands on Amazon, has filed for bankruptcy in the US in order...
Walmart sets up tech excellence centre at IIT-Madras
Chennai, Feb 28 (IANS) The Walmart Center for Tech Excellence, set up at the Indian Institute of Technology Madras (IITM) to develop solutions for...
Sony to lay off 900 employees from PlayStation gaming division
New Delhi, Feb 27 (IANS) Japanese technology giant Sony is laying off around 900 employees from its PlayStation division -- a nearly 8 per...
Russia to ban gasoline exports for 6 months from March 1
Moscow, Feb 27 (IANS) Russia will introduce a six-month ban on gasoline exports, beginning March 1, a spokesperson for Russian Deputy Prime Minister Alexander...
India’s poverty level below 5%, says NITI Aayog CEO
New Delhi, Feb 26 (IANS) The latest household consumer expenditure survey indicates that India's poverty level has fallen below 5 per cent and people...
Hyundai, Kia’s overseas car production tops 3.68mn units in 2023
Seoul, Feb 26 (IANS) The combined overseas production of Hyundai Motor and Kia, including in India, surpassed 3.68 million units in 2023, setting the...
Vice Media to cut hundreds of jobs, stop publishing content on its site
San Francisco, Feb 23 (IANS) Vice Media chief executive officer (CEO) Bruce Dixon has said that the company will be laying off hundreds of...
Elon Musk says Gmail alternative Xmail is coming soon
New Delhi, Feb 23 (IANS) Tesla and SpaceX CEO Elon Musk on Friday threatened Satya Nadella-run Google, saying his X (formerly Twitter) platform will...
Orchid Pharma gets FDA nod, to market its new drug in US soon
Chennai, Feb 23 (IANS) Vertically integrated pharma player Orchid Pharma Ltd said on Friday that it will launch its Enmetazobactam drug in the US...
India does not rush into free trade pacts: Piyush Goyal
New Delhi, Feb 23 (IANS) Commerce & Industry Minister Piyush Goyal on Friday said that the government does not rush to conclude trade negotiations,...
