The Economic Time
-
ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumbling
On Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new highs.
-
Apple resumes sales of smartwatches post appeals court win: here's what you need to know
The court halted the ban on Wednesday while it considers the company's request for a longer-term pause during the appeals process.
-
Foxconn invests Rs 461 crore in Bengaluru unit
Foxconn Singapore has acquired about 46,08,76,736 shares at Rs 10 each, amounting to around USD 55.29 million (Rs 460.87 crore), according to the...
-
Indian IT firms fight it out to foil plans of talent-fishing companies
Plagued by a slew of senior-level management exodus, Wipro has filed lawsuits against at least two of them. In another instance, Infosys, the...
-
Zomato receives Rs 402 crore show cause notice over unpaid GST on delivery charges
Zomato said it received the GST notice on December 26 to show cause as to why an alleged tax liability of the said amount for the period October...
-
Apple wins bid to pause Apple Watch ban at US appeals court
Apple had filed an emergency request for the US Court of Appeals for the Federal Circuit to halt the order after appealing the US International...
-
Consumer fund Sixth Sense invests Rs 100 crore in regional spices brand Pushp
Nikhil Vora, founder and CEO of Sixth Sense Ventures, told ET that the investment includes a significant secondary component, in which it bought a...
-
New York Times sues OpenAI, Microsoft for copyright infringement
The Times is the first major American media organisation to sue the companies, the creators of ChatGPT and other popular AI platforms.
-
Tesla deliveries to hit record, but fall short of Elon Musk's aspirations
Faced with slowing sales, Tesla leveraged its industry-leading margins and slashed prices of its four car models globally in 2023, with a focus on...