Business updates

Business updates

Silver prices hit $100/ounce for the first time, gold nears $5000 milestone

Silver prices have surged more than 200% in the past year, driven by ongoing challenges in scaling up refining and the persistent supply shortage in the market.>

Govt allots 30 GHz radio frequency for V2V safety tech: Nitin Gadkari

Gadkari said the Department of Telecommunications has allocated 30 GHz of spectrum for V2V communication>

IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down

The exit of Sunil Mehta is the latest senior leadership change at IndusInd Bank, which clocked its largest quarterly loss in FY25 due to a $230-million scandal.>

IndiGo working out compensation payouts

IndiGo’s lawyer submitted that the airline had processed 100% refunds for cancelled tickets and had begun issuing ‘Gesture of Care’ travel vouchers worth ₹10,000>

Motorola Signature review: This reality check will worry every Android flagship

The Motorola Signature is a deliberate and well thought out premium smartphone with a price tag that’s significantly lower than its competition>

Rupee weakens to new record low of 91.81 as strong US dollar weighs

The rupee slipped to 91.81, slipping past the previous record low of 91.74 hit on Wednesday, falling about 0.2% on the day.>

SEBI detects insider trading in Yes Bank shares during stake sale in July 2022

India executives of Carlyle and Advent, which bought into the Yes Bank stake sale in 2022, have been found in violation of SEBI's insider-trading regulations.>

India offloads US bonds, piles up gold in pivot away from dollar assets

RBI's holdings of US treasury bonds have fallen to a five-year low as India pushes to support rupee vs dollar and diversify its forex reserves.>

OpenAI’s new business model: A finder’s fee for success you found yourself

OpenAI’s CFO has floated the idea of taking a cut from your AI-powered discoveries, and enterprise customers are unlikely to be amused.>

Apple expands John Ternus role to solidify his status as CEO Tim Cook's successor

Apple CEO Tim Cook, who turned 65 in November, quietly tapped John Ternus to manage the company's hardware and software design teams at the end of 2025.>

Credits : HTimes