Rs. 100 Crore

The Enforcement Directorate (ED) has seized properties worth Rs. 97.79 crore belonging to Raj Kundra in probe linked to a Bitcoin Ponzi scam. Raj Kundra is the husband of actor Shilpa Shetty.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

An estimated 92 percent of manufacturing firms in the US are exploring ways to add a metaverse twist to their existing business operations, the WEF has said in its recent report. The industrial metaverse is projected to be a $100 billion (roughly Rs. 8,29,018 crore) market globally by 2030, the report predicts.

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion (roughly Rs. 8,304 crore) in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion (roughly Rs. 9,133 crore) last year, compared with $567 mill...

Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...

Apple shares closed 3.58 percent lower on Tuesday and over $100 billion (roughly Rs. 8,33,210 crore) of the iPhone maker's market value was erased after Barclays downgraded the company's shares to "underweight" and price target by $1 (roughly Rs. 83). The brokerage has highlighted soft demand for the iPhone 15 series along with challenges facing Ap...

Intel will receive a $3.2 billion (roughly Rs. 26,600 crore) grant for new $25 billion (roughly Rs. 2,91,100 crore) chip plant to be constructed in the southern part of Israel, according to the company. The US chipmaker has also said that it will buy ILS 60 billion (roughly Rs. 1,37,500 crore) worth of goods and services from Israeli suppliers ov...

Amazon is targeting merchandise exports worth $20 billion (nearly Rs. 1,66,500 crore) from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday. There was huge demand for "Made in India" organic health supplements, homeware like bath towels, jute rugs, and robotic games for children ahead...

Indian scientists plan to seed clouds for the first time to trigger heavy rain in some areas of New Delhi, hoping this will be enough to tackle the smog gripping the world's most polluted capital for a week, the project's head said on Thursday.

iPhones will soon be made in India by an Indian company, as Tata has acquired the Wistron unit to become the first Indian iPhone maker. Wistron, the Taiwan-based contract manufacturer for Apple, has decided to sell a 100 percent stake in the Wistron InfoComm Manufacturing (India) unit to Tata Electronics for a deal price of $125 million (nearly Rs...

Jailer has crossed the Rs. 625 crore milestone

The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.

Elon Musk, ever since acquiring Twitter for $44 billion (roughly Rs. 3,59,100 crore), has been introducing changes and updates to the microblogging site. The latest upheaval is a complete change of its name and brand logo, from Twitter to X. The billionaire also announced in a tweet that the domain X.com now redirects users to Twitter.

Oppenheimer and Barbie will continue the momentum built by Mission: Impossible – Dead Reckoning Part One at the Indian box office, say trade experts, predicting that the two Hollywood movies releasing Friday will collectively amass around Rs. 45 crore in the opening weekend. In the duel between two major Hollywood titles, Christopher Nolan's Oppe...

Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...

The Enforcement Directorate (ED) has seized properties worth Rs. 97.79 crore belonging to Raj Kundra in probe linked to a Bitcoin Ponzi scam. Raj Kundra is the husband of actor Shilpa Shetty.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

An estimated 92 percent of manufacturing firms in the US are exploring ways to add a metaverse twist to their existing business operations, the WEF has said in its recent report. The industrial metaverse is projected to be a $100 billion (roughly Rs. 8,29,018 crore) market globally by 2030, the report predicts.

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion (roughly Rs. 8,304 crore) in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion (roughly Rs. 9,133 crore) last year, compared with $567 mill...

Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...

Apple shares closed 3.58 percent lower on Tuesday and over $100 billion (roughly Rs. 8,33,210 crore) of the iPhone maker's market value was erased after Barclays downgraded the company's shares to "underweight" and price target by $1 (roughly Rs. 83). The brokerage has highlighted soft demand for the iPhone 15 series along with challenges facing Ap...

Intel will receive a $3.2 billion (roughly Rs. 26,600 crore) grant for new $25 billion (roughly Rs. 2,91,100 crore) chip plant to be constructed in the southern part of Israel, according to the company. The US chipmaker has also said that it will buy ILS 60 billion (roughly Rs. 1,37,500 crore) worth of goods and services from Israeli suppliers ov...

Amazon is targeting merchandise exports worth $20 billion (nearly Rs. 1,66,500 crore) from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday. There was huge demand for "Made in India" organic health supplements, homeware like bath towels, jute rugs, and robotic games for children ahead...

Indian scientists plan to seed clouds for the first time to trigger heavy rain in some areas of New Delhi, hoping this will be enough to tackle the smog gripping the world's most polluted capital for a week, the project's head said on Thursday.

iPhones will soon be made in India by an Indian company, as Tata has acquired the Wistron unit to become the first Indian iPhone maker. Wistron, the Taiwan-based contract manufacturer for Apple, has decided to sell a 100 percent stake in the Wistron InfoComm Manufacturing (India) unit to Tata Electronics for a deal price of $125 million (nearly Rs...

Jailer has crossed the Rs. 625 crore milestone

The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.

Elon Musk, ever since acquiring Twitter for $44 billion (roughly Rs. 3,59,100 crore), has been introducing changes and updates to the microblogging site. The latest upheaval is a complete change of its name and brand logo, from Twitter to X. The billionaire also announced in a tweet that the domain X.com now redirects users to Twitter.

Oppenheimer and Barbie will continue the momentum built by Mission: Impossible – Dead Reckoning Part One at the Indian box office, say trade experts, predicting that the two Hollywood movies releasing Friday will collectively amass around Rs. 45 crore in the opening weekend. In the duel between two major Hollywood titles, Christopher Nolan's Oppe...

Microsoft on Monday asked a London tribunal to pause its appeal against Britain's block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain's competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block ...