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About 20% of the employees of massive NFT marketplace OpenSea are laid go-thumnail

About 20% of the employees of massive NFT marketplace OpenSea are laid go

Reduced NFT sales and more competition are forcing OpenSea to make changes. Devin Finzer, co-founder and CEO of OpenSea, announced this afternoon that the NFT marketplace is letting go of

BFSI

Jul 16, 2022

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion-thumnail

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion

According to a bankruptcy filing and a recent Financial Times investigation, Celsius, the cryptocurrency trading platform that stopped all withdrawals a month ago and filed for bankruptcy yesterday, has a

Finance

Jul 16, 2022

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%-thumnail

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%

The interest rates are raised on deposits with tenure between 1 year and less than 2 years, as per information on the lender’s website. State Bank of India (SBI) on

Finance

Jul 16, 2022

Blockchain startup 5ire becomes 105th unicorn in India after Series A funding-thumnail

Blockchain startup 5ire becomes 105th unicorn in India after Series A funding

Blockchain start-up 5ire said it raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, making it the 105th unicorn in India and the 20th this year.

Finance

Jul 15, 2022

ED summons NSE’s ex-CEO & MD Chitra Ramkrishnan to confront former Mumbai top cop in illegal phone tapping case-thumnail

ED summons NSE’s ex-CEO & MD Chitra Ramkrishnan to confront former Mumbai top cop in illegal phone tapping case

On Thursday, the ED got a four-day custodial remand of NSE’s former CEO and MD Chitra Ramkrishna. The ED wants to confront Ramkrishna with Pandey, and record the statements. The

Industry

Jul 15, 2022

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds-thumnail

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds

According to a regulatory filing by HDFC, the secured redeemable non-convertible debentures (NCDs) will have an interest rate of 7.77%, be payable annually, and have a term of 4 years,

Finance

Jul 15, 2022

After Q1 earnings, Tata Elxsi shares, which have returned 840 percent over the past five years, soars-thumnail

After Q1 earnings, Tata Elxsi shares, which have returned 840 percent over the past five years, soars

With a 6.5 percent QoQ increase in revenue in constant currency, the flagship firm of the Tata Group has had a great start to FY23. After solid Q1 earnings were

News

Jul 15, 2022

Right to Repair: Government to make it mandatory for companies to share product details to ease repair-thumnail

Right to Repair: Government to make it mandatory for companies to share product details to ease repair

The rationale behind the ‘Right to Repair’ is that when customers buy a product, it is inherent that they must own it completely “for which the consumers should be able

Industry

Jul 15, 2022

Free Covid-19 precautionary dose for people above 18 years from today-thumnail

Free Covid-19 precautionary dose for people above 18 years from today

Those eligible for the precaution dose include all persons above 18 years who have completed 6 months (or 26 weeks) from the date of administration of the 2nd dose. India’s

Healthcare

Jul 15, 2022

Up to five profiles can be linked to a single Facebook account-thumnail

Up to five profiles can be linked to a single Facebook account

Each user must continue to have just one Facebook account, with their main profile continuing to use their real name. The company’s flagship social network, Facebook, is introducing ways for

Entertainment

Jul 15, 2022

What investing alternatives are available to a new employee?-thumnail

What investing alternatives are available to a new employee?

Starting to invest and save with your first paycheck is a great idea, and if you can reduce your taxes as a result, that is an added bonus. Starting to

Finance

Jul 15, 2022

Waysa, IT platform for mental health therapy raises USD 20 million in latest funding round-thumnail

Waysa, IT platform for mental health therapy raises USD 20 million in latest funding round

“The funding that we are raising is to scale up the first and second layer and build out the third level,” Wysa co-founder Ramakant Vempati said. The start-up at present

Education

Jul 15, 2022


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