Airbnb generated $1 billion of net cash provided by operating activities and incurred $507 million of purchases of property and equipment cumulatively from January 1, 2011 through December 31, 2019.
The key Indian equity indices hit fresh record highs on Tuesday morning in line with global market after US pharma major Moderna announced that its Covid-19 vaccine has recorded 94.5 per cent effectiveness.
In a bid to offer more immersive experiences to its consumers, Flipkart Group on Tuesday announced the acquisition of Bengaluru-based Augmented Reality (AR) company Scapic for an undisclosed sum.
Over 30 agents and dealers of Huawei's Honor brand have acquired all business assets of the budget cellphone brand, according to a joint statement released on Tuesday.
The flagship Khadi India outlet here has crossed single-day sales figure of Rs 1 crore four times since October 2 this year, the government said on Monday.
India's diesel sales fell 5 per cent in the first half of November when compared with the previous year, industry data showed on Monday, after rising for the first time in eight months in October.
The WPI inflation was 1.32 per cent in September and zero per cent in October last year. This is the highest level of Wholesale price index-based (WPI) inflation since February when it was 2.26 per cent.
As of November 13, Axis Bank is offering an interest rate of 2.50% on FDs to its customers with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and less than 3 months, 3.5% for FDs between 3 months and less than 6 months.
Aadhaar PVC Card: Other than being easy to carry and durable, the PVC-based Aadhaar Card has a digitally signed secure QR code with photograph and demographic details with multiple security features.
Regulator IRDAI has extended the facility for life insurers to obtain the consent of prospective policy holders electronically by three months till March 31, 2021.
The investment represents 96 per cent holding in the equity share capital of UrbanLadder. RRVL has a further option of acquiring the balance stake, taking its shareholding to 100 per cent of the equity share capital of UrbanLadder.
Infosys, which counts the US as its biggest market, said it is still early to comment on the approach the new US administration could take towards work visas but it expects to continue benefiting from its ongoing localisation efforts.
The Indian economy is seen recovering faster than expected and the Reserve Bank is likely to have come to an end of the rate easing cycle, according to global forecasting firm Oxford Economics.
Indian drug firms like Marksans Pharma, Aurobindo Pharma, Zydus and Jubilant are recalling products in the US market, as per the latest enforcement report by the US Food and Drug Administration (USFDA).
Gold imports, which have a bearing on the current account deficit, declined 47.42 per cent to USD 9.28 billion during April-October due to fall in demand in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry.
Market benchmark BSE Sensex rallied 381 points to a fresh lifetime high in the opening trade of the special Muhurat session on Saturday to mark the beginning of Hindu Samvat year 2077.
The Telangana government on Saturday announced a 50 per cent domestic property tax waiver in Hyderabad city and 140 more places across the state as Diwali gift, amid financial difficulties being faced by people in times such as the coronavirus pandemic.
Toyota Kirloskar Motor has said its Dhanteras retail sales spiked 12 per cent this year as compared to last year and it expects November volumes to be more bullish over the previous month.
PayPal has announced that it will now let its users in the US buy, sell, and hold cryptocurrencies right from their PayPal account. The feature was partially available in the US but PayPal had been onboarding interested customers via a waitlist.
Leading stock exchanges Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will conduct a one-hour special muhurat trading session on the occasion of Diwali today, on November 14.
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