Razorpay Extends Rs 1 Lakh ESOPs to All 3,000 Employees
Razorpay announced it is extending employee stock options worth Rs 1 lakh to each of its over 3,000 staffers, reflecting the company's commitment to an employee-first ethos.
Business News
AstraZeneca's EU Lung Cancer Drug Application Withdrawn Amid Mixed Trial Results
AstraZeneca and Daiichi Sankyo withdraw their EU marketing authorization application for datopotamab deruxtecan due to mixed trial results, but remain committed to ongoing research...
India's Robust Forex Reserves: Sustaining 11 Months of Imports and 96% of External Debt
India's forex reserves as of June 2024 are sufficient to meet over 11 months of imports and 96% of external debt, according to the RBI. The reserves have increased by $6.4 billion ...
RBI Bulletin: Indian Economy Shows Signs of Recovery Post Q2 Slowdown
The Indian economy is recovering from Q2 slowdown, driven by strong festival activity and rural demand, according to the RBI Bulletin. Global economy shows resilience with steady g...
Gold Prices Drop in India, Silver Surges: Market Insights
Gold prices in New Delhi dropped by Rs 100 to Rs 78,600 per 10 grams, while silver surged by Rs 500 to Rs 90,500 per kg. Global gold futures remained steady, influenced by a strong...
Elon Musk's xAI Secures $6 Billion in Funding, Grok AI Chatbot Praised
Elon Musk praises xAI's Grok AI chatbot after the company secures $6 billion in Series C funding. Grok's capabilities in image recognition and explanation are highlighted.
American Airlines Resumes Operations After Brief Grounding Due to Technical Issue
The FAA lifted the grounding order for American Airlines, allowing the airline to resume normal operations after experiencing a technical issue that led to flight delays.
Akasa Air Fined Rs 10 Lakh by DGCA for Denying Compensation to Offloaded Passengers
India's DGCA fines Akasa Air Rs 10 lakh for not compensating passengers denied boarding due to foreign object damage on the original flight.
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