Business News
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14 Sep 2020
Indian Premier League (IPL)Fantasy sports unicorn Dream11 raises $225 million: Details here
In a major move, Dream Sports, the unicorn parent company of fantasy sports platform Dream11, has raised $225 million in a fresh round of funding.
14 Sep 2020
Reserve Bank Of India (RBI)India's retail inflation dips marginally to 6.69% in August
India's retail inflation stood at 6.69% in August, according to data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Monday.
14 Sep 2020
IndiaTata Altroz becomes the official partner of IPL 2020
Tata Motors has announced that its Altroz hatchback will be the official partner of the upcoming Indian Premier League (IPL) 2020. This will be the company's third car, following the Nexon and Harrier, to be associated with the popular Twenty20 cricket league.
14 Sep 2020
US GovernmentOracle wins TikTok US bid, but not for 'full sale'
After months of discussions and complications, Chinese giant ByteDance is finalizing a deal for the US business of TikTok.
14 Sep 2020
ThailandAmid COVID-19, plane cafes launched in Thailand
The novel coronavirus pandemic, which has killed nearly a million worldwide, has brought several aspects of the 'routine life' to a halt, including commercial air travel.
13 Sep 2020
MicrosoftElon Musk says Bill Gates is clueless about electric trucks
Elon Musk, the billionaire CEO of EV maker Tesla, has slammed Microsoft's co-founder Bill Gates over his views on the future of electric trucks.
13 Sep 2020
MicrosoftSeveral US states to back DOJ's antitrust lawsuit against Google
A week ago, it was reported that the US Department of Justice is planning to bring an antitrust lawsuit against Google.
13 Sep 2020
XTechnology companies may cut salaries for leaving Bay Area
In light of COVID-19, many Silicon Valley companies have started offering permanent work from home option.
12 Sep 2020
SiaSingapore Airlines could soon start 'flights to nowhere': Details here
In a bid to revive its COVID-19-hit commercial flight business, Singapore Airlines (SIA) is planning to start 'flights to nowhere' - trips that would begin and end at the same airport.
12 Sep 2020
ReutersChina may let TikTok face US ban: Here's why
Chinese giant ByteDance is running out of time to comply with the Donald Trump administration's 'sell or close' order for TikTok US.
11 Sep 2020
Personal Protective EquipmentLouis Vuitton to launch a face shield at Rs. 70,000
Leading French fashion house Louis Vuitton is set to step into the personal protective equipment (PPE) category, in its own distinct way.
10 Sep 2020
Warren BuffettWarren Buffett's Berkshire Hathaway investing $570mn in Snowflake
In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.
10 Sep 2020
ZomatoZomato raises Rs. 760 crore from Tiger Global: Details here
In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.
09 Sep 2020
EPFOCoronavirus impact: EPFO to pay 8.5% interest in two installments
The Employees' Provident Fund Organisation (EPFO) will pay the 8.5% interest for the fiscal year 2019-20 to EPF subscribers in two installments, the retirement fund body's central board said on Wednesday.
08 Sep 2020
IndiaPUBG Corporation breaks ties with Tencent Games in India
PUBG Corporation, the original developer of PUBG, has announced the decision to break association with China's Tencent Games in India.
07 Sep 2020
Supreme Court Of IndiaVodafone Idea rebrands itself as Vi; price hike expected
Vodafone Idea on Monday announced that it is rebranding itself as Vi two years after the merger of Vodafone and Idea Cellular.
06 Sep 2020
NetflixLeading streaming services, including Netflix, adopt self-regulation code
In a major move, leading online content providers, including Netflix, Amazon Prime Video, and Disney+ Hotstar, have agreed to adopt a 'universal self-regulation' code in India.
05 Sep 2020
Madhya PradeshEase of doing business: Andhra Pradesh tops states' rankings
The Centre on Saturday released the rankings of states and union territories in terms of Ease of Doing Business (EoDB).
04 Sep 2020
BusinessVadodara's popular iPhone store, Marvans Mobile stays people's favorite
One of Vadodara's oldest iPhone stores, Marvans Mobile is the city's most popular stop for all things iPhone.
04 Sep 2020
TencentPUBG maker Tencent will engage with India for ban reversal
Earlier this week, India's Ministry of Electronics and Information Technology announced the decision to ban more than 100 Chinese apps over national security concerns.
04 Sep 2020
OYO RoomsCOVID-19 effect: OYO extends employee furlough by another six months
The fallout of COVID-19 on the hospitality industry has forced OYO India to extend the furlough period of some of its employees by another six months.
02 Sep 2020
BusinessMeet Frederick Hutson, a consummate businessman
Have you ever thought about what goes into the making of a world-famous business magnate? Well, you can find this answer by exploring the life of international businessman Frederick Hutson.
02 Sep 2020
FacebookEd-tech start-up Unacademy raises $150 million, joins elite unicorn club
Bengaluru-based ed-tech start-up Unacademy has joined the elite unicorn club of India.
01 Sep 2020
BusinessSikander Daredia, and the exponential growth of Daredia Constructions
Construction sector thrives on fulfilling customer expectations that include taking care of essential amenities, luxury and more.
01 Sep 2020
Supreme Court Of IndiaSC gives telecom companies 10 years to clear AGR dues
Faced with a humongous debt of Rs. 1.47 lakh crore, Indian telecom giants got a huge relief today as the Supreme Court allowed them to clear pending adjusted gross revenue (AGR) dues in 10 years.
31 Aug 2020
Gross Domestic ProductIndia's GDP contracts by 23.9%; first contraction in 40+ years
India's Gross Domestic Product (GDP) slipped by a sharp 23.9% in the first quarter (April-June) of the fiscal year 2020-21, according to data released by the National Statistical Office (NSO). This marks the first contraction in more than 40 years.
31 Aug 2020
Mukesh AmbaniNew JioFiber Plans: Unlimited internet, OTT apps on offer
To help Indians adjust with the routine of working and studying from home, Mukesh Ambani's home broadband service JioFiber has updated its plans.
31 Aug 2020
BusinessMeet Spencer Galbreath, a Black entrepreneur in US creating awareness
Today, diverse business industries exist because of extremely talented individuals who stand firm against the adversities of life to reach their goals.
30 Aug 2020
Mukesh AmbaniWhat does Reliance and Future Group deal mean for India
In a major move, Mukesh Ambani's Reliance Industries has announced the decision to buy businesses of Kishore Biyani-promoted Future Group for Rs. 24,713 crore.
28 Aug 2020
TechnologyBSNL launches online education initiative with IIT Bombay, Yupp Master
State-run telco Bharat Sanchar Nigam Limited (BSNL) has launched a new initiative called DRONE in India.
27 Aug 2020
E-commerceAnnakoot: FMCG & Sattvik restaurants with a touch of finesse
A new retail chain called 'Annakoot - God's own cuisine' has announced its arrival in the Indian food and FMCG market.
27 Aug 2020
BusinessWho owns largest media account on TikTok? Ask Shailen Vandeyar
With the largest media account on TikTok, Shailen Vandeyar, a 25-year-old tech wiz kid from Australasia, is engaging global audiences to become one of digital media's most innovative media moguls.
27 Aug 2020
Tiger GlobalEd-tech unicorn BYJU's secures $122 million from Russian billionaire's fund
Homegrown ed-tech unicorn BYJU's has raised $122 million (Rs. 909 crore) from DST Global, the investment fund started by Russian tech billionaire Yuri Milner.
27 Aug 2020
Trump AdministrationAmid political turmoil, TikTok CEO Kevin Mayer steps down
Kevin Mayer, the Chief Executive Officer of TikTok and Chief Operating Officer of its Chinese parent company ByteDance, has resigned from his posts.
26 Aug 2020
IndiaUber launches 'Auto rentals' in India
In a bid to revive its pandemic-hit business, ride-hailing giant Uber has launched 'auto rentals' in India.
26 Aug 2020
IndiaAmazon accused of unfair business practices in India: Details here
Amazon's antitrust troubles are not just limited to the United States or the European Union.
26 Aug 2020
Narendra ModiNot even one Rs. 2,000 note printed in 2019-20
Four years after they were introduced, the circulation and printing of Rs. 2,000 notes have declined sharply with not even a single one being printed by Reserve Bank of India's (RBI) currency note presses in the 2019-20 fiscal year, the annual report of the top bank said this week.
25 Aug 2020
IndiaNow, Apple's iPhone SE 2020 is 'Made in India'
In a major development, Apple has started making iPhone SE 2020 locally in India.
25 Aug 2020
IndiaNext month, Apple's online store could be launched in India
More than 10 years after launching the first iPhone in India, Apple is gearing up to start direct sales in the country.
24 Aug 2020
BusinessThe three craziest Snob World client requests
Snob World is the go-to luxury concierge for the one-percenters worldwide.
