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Zerodha not increasing brokerage charges, Nithin Kamath says: ‘Will be free’

Updated on Oct 1, 2024 08:31 IST

Nithin Kamath, CEO of Zerodha, announced that equity delivery will remain free. Recent changes to stock market fees include higher STT rates and lower transaction charges, leading to increased costs for traders, especially those dealing in futures, due to different STT applications on contracts.

WikiLeaks' Julian Assange says he pleaded 'guilty to journalism' for freedom

WikiLeaks founder Julian Assange speaks during a parliamentary hearing at the Council of Europe in Strasbourg, eastern France.

Published on Oct 1, 2024 07:32 IST

Zerodha hired only 5 employees for its tech team in 4 years?

Zerodha has hired five new tech employees in four years, focusing on a collaborative environment rather than rapid growth. CTO Kailash Nadh believes smaller teams can effectively scale, countering the trend of large tech team expansions in the industry.

Published on Oct 1, 2024 07:08 IST

Viagogo on Coldplay row: ‘Not working with BookMyShow, tickets were…’

Viagogo clarified its role as a marketplace for reselling tickets, denying any partnership with BookMyShow, and highlighting its diverse ticket sources, including fans and event organizers.

Updated on Oct 3, 2024 03:00 IST

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand.

Published on Oct 1, 2024 06:10 IST

Philips’ first female top executive in 133-year history starts tenure

Royal Philips NV appoints Charlotte Hanneman as its first female CFO amid efforts to rebuild trust post sleep apnea device recalls. CEO Roy Jakobs has initiated job cuts and leadership changes to stabilize the company, which has seen a 44% share increase this year.

Published on Oct 1, 2024 05:31 IST

Gold Rate Today 01-10-2024: Check latest prices in your city

Gold silver image

Published on Oct 1, 2024 04:45 IST

Pakistan economy grows faster than expected buoyed by IMF loan, lower rates

Pakistan's GDP rose 3.07% in the last quarter, aided by IMF funds and lower borrowing costs. The government anticipates 3.6% growth by June 2025, with strong agricultural performance and easing inflation contributing to recovery.

Published on Oct 1, 2024 04:43 IST

PlayStation down globally: Sony confirms outage, says ‘working to resolve issue'

PlayStation outage: PlayStation Network faced a major outage impacting consoles from PS3 to PS5, hindering game launches and online features. Users reported a specific error code linked to a software update failure. Sony has not provided details on the cause or resolution timeframe, urging patience from gamers.

Updated on Oct 1, 2024 06:33 IST

Diffusion Engineers IPO allotment today: How to check status

Investors of Diffusion Engineers IPO can view allotment results today. Shares will be credited by October 3, with refunds processed for unallotted shares.

Published on Oct 1, 2024 03:46 IST

Commercial LPG cylinder rates hiked by ₹48, domestic LPG prices unchanged

Effective immediately, the price of commercial LPG cylinders has increased by <span class='webrupee'>₹</span>48.50 for 19 kg and <span class='webrupee'>₹</span>12 for 5 kg. Domestic LPG prices stay at <span class='webrupee'>₹</span>803 for a 14 kg cylinder, despite a previous rise in September.

Updated on Oct 1, 2024 03:34 IST

Tata Steel ends 'legacy steelmaking' at UK's largest steelworks: ‘Poignant day’

A view shows the last working blast furnace of Tata Steel Port Talbot steel production plant at Port Talbot, on the last day of its functioning, in Wales, Britain.

Published on Oct 1, 2024 02:59 IST

73% of Amazon employees want to quit after 5-day return-to-office rule: Survey

Amazon's CEO Andy Jassy announced a return-to-office mandate starting January 2, prompting 73% of employees to consider quitting. A survey showed 91% dissatisfaction, highlighting concerns over flexibility and the impact on remote workers.

Updated on Oct 1, 2024 05:27 IST

Google's big AI push in Asia: Sundar Pichai company to spend $1 bln in Thailand

Alphabet's Google will invest $1 billion in Thailand for data centers, aiming to enhance cloud services and create 14,000 jobs. This investment aligns with regional efforts to attract foreign tech firms and support local economic growth, potentially adding $4 billion by 2029.

Published on Oct 1, 2024 02:21 IST

Why Microsoft is in the soup in Germany

Microsoft has been classified by Germany's competition authority as having paramount cross-market significance, enabling heightened scrutiny and potential bans on anti-competitive practices. This new classification also applies to other tech giants like Apple, Google, and Meta.

Published on Oct 1, 2024 02:17 IST

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Qatar Airways intends to buy a 25% stake in Virgin Australia, facilitating new Doha flights. This investment aims to strengthen Qatar's presence in a competitive market, especially after being denied additional flights. Virgin will reintroduce long-haul routes starting mid-2025.

Published on Oct 1, 2024 02:14 IST

Google says its investments will add $3 billion to Malaysia's GDP by 2030

Google revealed that its new $2 billion data center in Malaysia will generate 26,500 jobs and add over $3 billion to the economy by 2030, focusing on improving cloud and AI service performance, according to Ruth Porat.

Updated on Oct 1, 2024 02:12 IST

This US state is suing YouTube for ‘fueling a mental health crisis’

Arkansas has initiated legal action against YouTube and its parent company Alphabet, alleging that the platform is intentionally addictive and contributes to a youth mental health crisis. The lawsuit seeks funding for prevention programs, while Google defends its practices and prioritizes user safety.

Published on Oct 1, 2024 02:07 IST

Sebi board meet outcome: All decisions taken by market regulator explained

Sebi decided against tightening regulations on futures and options transactions during its latest board meeting, while also introducing a new investment product linking mutual funds and portfolio management services.

Updated on Sep 30, 2024 16:33 IST

Russia fines Google, Discord over banned content

Published on Sep 30, 2024 15:39 IST

Coldplay tickets row: BookMyShow COO appears before Mumbai police

BookMyShow COO Anil Makhija was questioned by Mumbai Police regarding Coldplay concert ticket complaints, as CEO Ashish Hemrajani skipped another summons. The company refuted claims of using bots, emphasizing their commitment to fair ticketing and denouncing scalping practices.

Updated on Oct 1, 2024 03:35 IST

Swiggy Instamart launches 24x7 free delivery in these three cities

Swiggy Instamart introduces 24x7 free delivery in Delhi-NCR, delivering groceries and essentials within 10-15 minutes. This initiative targets increased festive demand, allowing customers to order products anytime, ensuring celebrations are complete without extra costs.

Published on Sep 30, 2024 15:23 IST

Microsoft's Satya Nadella gushes about AI: ‘Working, will make real difference’

Satya Nadella highlighted AI's potential to improve productivity across sectors like healthcare and finance. While acknowledging current challenges in AI's profitability, he encouraged professionals to adapt and embrace technology for long-term benefits.

Published on Sep 30, 2024 15:18 IST

SoftBank to invest $500 million in Sam Altman's OpenAI: Report

OpenAI is reportedly in talks to secure $6.5 billion in funding, with SoftBank's Vision Fund planning a $500 million investment. This round, which includes Thrive Capital and Microsoft, comes during a tumultuous period for OpenAI, marked by executive departures and potential restructuring.

Published on Sep 30, 2024 14:53 IST

China stocks surge in biggest single-day rally since 2008 on stimulus cheer

World shares dipped from record highs amid Middle East tensions, while China's stocks surged 8.5% due to government stimulus. U.S. futures fell 0.3%, and European stocks declined nearly 1% amid poor auto sector outlooks. The dollar firmed, and gold approached $2,685 an ounce.

Published on Sep 30, 2024 12:30 IST

Tata stops production at iPhone component plant indefinitely after fire

Tata Electronics has suspended operations at its Tamil Nadu plant after a fire injured 10 and caused extensive damage. Investigations are ongoing, complicating rescue efforts. The halt in production poses challenges for Apple's supply chain amid its strategy to expand in India.

Published on Sep 30, 2024 11:48 IST

India's current account deficit gap widens in April-June: RBI

The Reserve Bank of India reported a current account deficit of $9.7 billion for April-June, driven by a $65.1 billion merchandise trade deficit. Net services receipts increased to $39.7 billion, while remittances rose, supporting future export growth.

Published on Sep 30, 2024 11:40 IST

Vardhman Group chief shares how he was duped: Fake SC hearing, surveillance, CBI

SP Oswal was scammed out of <span class='webrupee'>₹</span>7 crore by fraudsters impersonating CBI officials, who held him under digital surveillance and staged a fake Supreme Court hearing. The Ludhiana police have arrested two suspects linked to the case.

Updated on Oct 1, 2024 10:17 IST

India's fiscal deficit at ₹4.36 lakh crore- 27% of full-year target

India's fiscal deficit from April to August was 4.35 trillion rupees, 27% of the annual goal. Net tax receipts totaled 8.74 trillion rupees, with government spending at 16.52 trillion rupees, both impacted by the general elections.

Published on Sep 30, 2024 10:57 IST

Banks closed for 15 days across multiple states in October: Check city-wise list

Banks holidays in October 2024: October brings 15 bank holidays across India for festivals like Dussehra and Diwali. While branches will close, online banking will continue uninterrupted. Customers should check their state's holiday list for accurate scheduling.

Updated on Oct 1, 2024 02:09 IST

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