Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
20 Apr 2020
Flipkart#LockdownRelaxation: Industries which will be operational from April 20
India entered the second phase of the coronavirus-enforced lockdown on April 15, after Prime Minister Narendra Modi announced the extension of the nationwide lockdown till May 3 to contain the spread of the deadly COVID-19.
20 Apr 2020
ZomatoAfter Apple, Google reportedly planning to launch its own card
In the age of digital payments and peer-to-peer transfers, third-party smart cards, promising plenty of benefits and user-facing features, are becoming increasingly popular.
19 Apr 2020
Ministry Of Home Affairs#Lockdown: MHA changes rules again, only essentials to be delivered
The Ministry of Home Affairs on Sunday introduced changes in guidelines for the operations of e-commerce websites during the lockdown.
18 Apr 2020
IndiaTargeting China, India revises FDI Policy to curb 'opportunistic acquisitions'
The Center on Saturday revised the Foreign Direct Investment (FDI) Policy to prevent "opportunistic acquisitions" of vulnerable, coronavirus pandemic-hit Indian companies.
17 Apr 2020
Reserve Bank Of India (RBI)Struggling economy gets RBI's boost, big announcement for banks
With the economy stung drastically by the coronavirus pandemic, RBI Governor Shaktikanta Das addressed media for the second time in a month to announce key measures.
17 Apr 2020
FacebookCOVID-19 crisis: Facebook cancels all large events until 2021
As the COVID-19 crisis continues to evolve around the world, Facebook has decided to cancel all its large events until next year.
16 Apr 2020
ZomatoNow, Zomato shows body temperature of its delivery agents
In an impressive move, food-tech giant Zomato has introduced a feature to display the body temperature of its delivery agents.
15 Apr 2020
India#Lockdown2: Industry bodies want package of nearly Rs. 16L crore
As India's lockdown was extended for another nineteen days on Tuesday, several industry bodies asked the government to release a financial package to help them and revive growth in various sectors.
15 Apr 2020
App StoreAirtel and Apollo Hospitals partner to provide app-based COVID-19 self-testing
Airtel and Apollo Hospitals have come together to offer all Airtel Thanks subscribers free self-testing for COVID-19, the diseased caused by the novel coronavirus.
14 Apr 2020
ZomatoAfter UberEats, Zomato is eyeing to buy Grofers
A few months after acquiring UberEats, Zomato is looking to buy popular e-grocery start-up Grofers.
14 Apr 2020
India'Ola Emergency' launched for hospital runs amid COVID-19 outbreak
As India goes into the second phase of the lockdown enforced to combat the spread of COVID-19, Ola is lending a helping hand to the public.
13 Apr 2020
GoogleCoronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia
Sundar Pichai, the CEO of Alphabet and Google, has donated Rs. 5 crore to support COVID-19 relief efforts in India.
13 Apr 2020
MicrosoftBill Gates on COVID-19 response: We are in 'uncharted territory'
From Italy to India, several countries are reeling due to the COVID-19 pandemic.
13 Apr 2020
AndroidNow, TikTok has over a billion downloads on Play Store
As the world stays indoors to fight the outbreak of COVID-19, the disease that started spreading from Wuhan and has claimed over one lakh lives, Chinese video-sharing giant TikTok is reaping the benefits.
12 Apr 2020
IndiaIndia to witness severe economic slump, says World Bank
The spread of COVID-19, and the disruption ensuing from it, is likely to cause a sharp economic slump for India and neighboring countries, the World Bank said on Sunday.
12 Apr 2020
Reliance IndustriesAmid increased strain, Reliance Jio increases JioFiber network capacity
Reliance Jio has increased the network capacity of its JioFiber fiber-to-the-home broadband service in the Delhi/NCR region. The move aims to cope up with increased data usage during the lockdown period and provide reliable connectivity to all its users in the region.
11 Apr 2020
iOSRecharge someone's phone, make money using JioPOS Lite app
In the wake of India's nationwide lockdown, businesses carrying out mobile recharges have come to a complete halt.
10 Apr 2020
FacebookFacebook sues Indian engineer for running deceptive ads on COVID-19
Facebook has sued an Indian-origin software engineer for making and selling a tool capable of sharing deceptive ads on its platform.
10 Apr 2020
IndiaCoronavirus Impact: Food prices surge as supply chain suffers
The coronavirus pandemic and 21-day lockdown announced in India to contain its spread have had a direct catastrophic impact on food supplies, with prices of staple items (barring cereals) increasing by at least three times as compared to last month, a report in HT said on Friday.
10 Apr 2020
Javed AkhtarAmid lockdown, leading DTH operators offer subscribers free service channels
Leading DTH operators in India have started offering some free service channels in India, the offer is valid at least till April 14. The move is aimed at encouraging home-bound customers to try activities like cooking, dancing, and exercising during the ongoing nation-wide lockdown.
09 Apr 2020
JapanJapan is paying manufacturers to move production outside China
As the spread of coronavirus continues to wreck economies, Japan is trying to revive its disrupted manufacturing sector - by encouraging companies to leave China.
09 Apr 2020
Alibaba GroupBig Basket raises $60mn to meet demand surge amid lockdown
Big Basket, one of India's biggest hyperlocal grocery start-ups, has raised $60 million as part of a bridge-round of funding from Alibaba and others.
09 Apr 2020
Nirmala SitharamanGovernment planning another package to revive growth of coronavirus-stung economy
The government plans to set up a fund with a corpus of Rs. 50,000-75,000 crore to revive industries, that have been battered due to the coronavirus pandemic.
08 Apr 2020
Mukesh AmbaniAmid coronavirus crisis, this Indian business tycoon is growing richer
The outbreak of coronavirus, and the ongoing nation-wide lockdown to prevent it from growing worse, has disrupted businesses so much that their leaders and investors are bleeding money.
08 Apr 2020
ZomatoAmid lockdown, Zomato launches grocery delivery across 80 Indian cities
As 1.3 billion Indians struggle to move freely and access daily essentials under the 21-day lockdown enforced by the Narendra Modi government, Zomato is rising to the occasion.
08 Apr 2020
XJack Dorsey donating 28% of his wealth to 'disarm' COVID-19
In a major move, Jack Dorsey, the CEO of Twitter and payments platform Square, has announced the decision to donate $1 billion, or about 28% of his wealth, to aid COVID-19 relief efforts.
07 Apr 2020
Mukesh Ambani#CoronavirusImpact: Mukesh Ambani lost $300 million/day in two months
The outbreak of coronavirus over the last two months has left economies reeling, business disrupted, and people jobless.
06 Apr 2020
ICICI BankAfter Jio, Airtel and Vodafone introduce ATM recharge facility
Following in the footsteps of Reliance Jio, Airtel and Vodafone have introduced a new facility that allows prepaid subscribers to recharge their mobile numbers at a nearby bank ATM.
06 Apr 2020
AppleAmid coronavirus crisis, Apple starts making face shields for doctors
As the novel coronavirus disease continues to wreak havoc across countries, Apple is coming up with innovative ways to support healthcare workers and doctors in need.
06 Apr 2020
RealmeGST effect: These Realme smartphones have become costlier in India
With an increase in GST rates on smartphones from 12% to 18%, Chinese tech giant Realme has increased the prices of its handsets.
06 Apr 2020
SingaporeAmid COVID-19 crisis, Singapore's richest man has grown richer
The global outbreak of COVID-19 has left economies crumbling.
05 Apr 2020
SpotifyMusic streaming wars: Spotify leads despite big growth by rivals
Last year, the music streaming business grew by a stunning 32% year-on-year with total subscriptions reaching 358 million, according to market research firm Counterpoint Research.
04 Apr 2020
Nokia 5GST effect: These Nokia smartphones have become costlier in India
With the recent hike in the GST rates on smartphones from 12% to 18%, HMD Global has followed the footsteps of other OEMs to increase the prices of Nokia smartphones.
04 Apr 2020
AppleBengaluru-based start-up launches home testing kit for COVID-19
In a major development, Bione, a Bengaluru-based biotech start-up, has launched a rapid "at-home test" for the novel coronavirus disease COVID-19.
03 Apr 2020
SamsungGST effect: These Vivo smartphones have become costlier in India
As the GST rate on smartphones increased from 12% to 18%, several smartphone manufacturers including Apple, Samsung, Xiaomi have hiked the prices of their handsets in India.
02 Apr 2020
Reliance IndustriesAmid lockdown, JioPhone users get validity extension, free calling minutes
Reliance Jio is pulling out all the stops to help its customers amid the ongoing 21-day lockdown imposed in India to contain the coronavirus.
02 Apr 2020
FacebookZoom sued for covertly sending user data to Facebook
Zoom, the video conferencing app that shot to fame after billions were put on lockdown due to the spread of COVID-19, has been sued for sharing user data without permission.
01 Apr 2020
SamsungAfter Xiaomi, Apple and Samsung increase smartphone prices in India
With the recently-announced 50% hike in GST rates on mobile phones coming into effect today, Apple and Samsung have followed in the footsteps of Xiaomi to increase the prices of their smartphones in India.
01 Apr 2020
XiaomiXiaomi, Redmi, POCO smartphones become costlier due to GST hike
Xiaomi has increased the prices of its smartphones in India, in a bid to cushion the impact of the raised tax on mobile phones.
01 Apr 2020
Indian Premier League (IPL)Disney+ Hotstar launching on April 3, priced at Rs. 1,500/year
Disney++, the dedicated streaming service owned and operated by Disney, is set to be launched in India on April 3.
