Paytm plans to revamp its online wealth management services and hire more than 15,000 contract salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted. Billionaire founder-CEO Vijay Shekhar Sharmais overhauling its suite of money management products to better tap growing wealth among younger users, who’re warmer to the idea … Read more
Tech companies are using AI to strengthen their services, and Expedia says it wants to use the technology to create personalised travel recommendations for people. It aims to tap people and want them to ditch search engines for planning a vacation.Rajesh Naidu, chief architect and head of data management at Expedia, told The Verge that … Read more
BENGALURU: The Indian National Space Promotion and Authorisation Centre (IN-SPACe), in collaboration with Isro and leading academic institutions, has introduced a cutting-edge short-term course aimed at advancing skills in the space sector. “The programme, which commenced on December 17, focuses on Orbital Mechanics, Attitude Dynamics and Control, Space-Based Navigation, and Mission Planning,” an IN-SPACe statement … Read more
CHENNAI: Extremely heavy rainfall continued in the south districts of Tamil Nadu on Monday, as Palayamkottai recorded 26 cm, and Kanyakumari recorded 17 cm of rainfall.Meanwhile, flood-affected people in the Tirunelveli district moved to a shelter camp. A visual from the shelter home showed people lining up for ration.In Thoothkudi district, taluka Srivaikuntam received 525 … Read more
MUMBAI: Star Health and Allied Insurance founder V Jagannathan is in talks with the TVS group for equity participation by the Chennai-based conglomerate in the veteran’s new health insurance venture.After exiting Star Health, Jagannathan (79) has decided to start another health insurance company. Former Star Health CEO Dr S Prakash has joined Jagannathan in the … Read more
The US hinted on Friday at disagreement with Israel over how quickly to scale down the war in Gaza, with President Joe Biden’s national security adviser saying such timing was now the subject of “intensive discussion” between the allies. Biden’s national security adviser, Jake Sullivan, visited Israel on Thursday and Friday, and US officials briefed … Read more
The Federal Reserve’s signal on Wednesday that its interest rate hiking campaign is over triggered a drop in bond yields and a rash of market bets on U.S. rate cuts next year, marking a sharp shift in pricing that is rare outside of financial panics. Economic data on Thursday showing stronger-than-expected retail sales in November … Read more
European Union negotiators backed a deal to reclassify millions of people working for ride-hailing and food-delivery apps as employees in a set of rules that could cost the industry billions of euros each year.The provisional deal will require platforms to give full status to the estimated 5.5 million workers who meet at least two out … Read more
NEW DELHI: A memorandum of understanding (MoU) was signed on Wednesday between the Inland Waterways Authority of India (IWAI) and e-commerce company Amazon to promote cargo movement and transportation of customer shipments and products via inland waterways using river Ganga through National Waterway 1. On the occasion, the MoU was signed in the presence of … Read more