Mon, Sep 20, 2021

  • Musk tweet once again pushes meme-inspired cryptocurrency up

    Published On: Sep, 20, 202111:54 AM

    When Tesla’s Elon Musk took to Twitter to post a picture of his new dog, the meme-inspired cryptocurrency surged in price.
    Musk tweet once again pushes meme-inspired cryptocurrency up
    Last week, the Floki Inu coin hit a record high after the Tesla boss tweeted the image of the Shiba Inu puppy, captioning it“Floki has arrived.” There was a 150 pc rise reflected across other alternative cryptocurrencies bearing similar names, including Floki Shiba and Super Floki. As per CoinMarketCap’s price index, all of them remain outside the list of the top 2,000 most valuable cryptocurrencies, despite the massive price hikes. The Musk influence on crypto markets continues to be visible as earlier too, he helped push Dogecoin to record heights earlier this year when he appeared on Saturday Night Live.
  • Amazon adds 3 Indic languages to nurture sellers Amazon adds 3 Indic languages to nurture sellers
    Published On: Sep, 20, 202111:44 AM

    E-commerce major Amazon on Sunday said sellers will now be able to register on the Amazon.in marketplace and manage their online business in three more Indic languages - Malayalam, Telugu and Bengali.

  • IDBI Bank strategic sale may take more than a year: Sources IDBI Bank strategic sale may take more than a year: Sources
    Published On: Sep, 20, 202111:28 AM

    Most of the merchant bankers who had submitted bids for facilitating strategic sale of LIC-controlled IDBI Bank indicated a time-frame of one year to complete the elaborate process, sources said.

  • EV maker to invest Rs 150 cr as capex EV maker to invest Rs 150 cr as capex
    Published On: Sep, 20, 202108:56 AM

    Electric vehicle maker WardWizard Innovations & Mobility plans to invest Rs 150 crore in the business in the next six months as it looks to ramp up technology and infrastructure, among others, to meet...

  • Filing relief: Taxpayers may have to cough up interest Filing relief: Taxpayers may have to cough up interest
    Published On: Sep, 20, 202108:49 AM

    The Centre may have extended the due date for filing Income Tax returns on account of the difficulties being reported by the taxpayers in the electronic filing of returns owing to the glitches in the...

  • Headhunting in the blockchain biz Headhunting in the blockchain biz
    Published On: Sep, 20, 202111:51 AM

    The buzz surrounding blockchain and cryptocurrency has sprung up a multi-billion dollar question. And that is what are the job prospects in this brand new space of technology that the world is...

  • Ease of doing biz helped create more startups: Goyal Ease of doing biz helped create more startups: Goyal
    Published On: Sep, 19, 202110:30 PM

    Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday.

  • Welspun India to invest Rs 800 cr on capacity enhancement over next two years Welspun India to invest Rs 800 cr on capacity enhancement over next two years
    Published On: Sep, 19, 202106:13 PM

    Welspun India has said it is looking to invest around Rs 800 crore in capacity expansion of its home textiles and flooring businesses over the next two years.

  • IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time
    Published On: Sep, 19, 202106:08 PM

    The last date for submission of bids was July 13.KPMG placed the lowest bid of Re 1, and was selected as the transaction adviser, market sources said, adding, the firm will assist the government in...

  • India's copper import rises 26 percent in Q1, momentum expected to continue further: Report India's copper import rises 26 percent in Q1, momentum expected to continue further: Report
    Published On: Sep, 19, 202106:03 PM

    However, after the shutdown of Sterlite Coppers smelter plant, India now incurs a net foreign exchange outflow of USD 1.2 billion due to imports of copper every year.Further, Indias import of refined...