Business News

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06 Feb 2021

Business

Take trading, investment to next level with SquadTrader

To help people find the best all-in-one trading platform in the market, we bring to you Squadtrader.com, developed as a cost-effective trading experience through which Squad traders, both new or experienced, can make the most profit by investing equally.

06 Feb 2021

Hero MotoCorp

Hero MotoCorp's Q3 profit jumps 23% to Rs. 1,084 crore

Hero MotoCorp has reported a net profit of Rs. 1,084 crore for the quarter ending December 31, translating to a 23.2% year-on-year increase.

05 Feb 2021

SpaceX

Starlink passes 10,000 users, counters objections to FCC funding

Lobbyists for small Internet Service Providers (ISPs) in the US are urging the Federal Communications Commission (FCC) to investigate SpaceX's Starlink program.

05 Feb 2021

PayPal

PayPal will shut down domestic payments business in India

PayPal will be shutting down its domestic payment services from April 1. The move will not affect international transactions, as small and large Indian businesses can continue to receive/send money from/to their international contacts.

Sensex breaches the 51,000-mark; Nifty surges past 15,000

Benchmark indices made history on Friday, just before Reserve Bank of India (RBI) Governor Shakitkanta Das announced the decisions of the Monetary Policy Committee (MPC).

Repo rate untouched, 10.5% GDP growth predicted in 2021-22

Reserve Bank of India (RBI) has decided to leave key rates unchanged, Governor Shaktikanta Das said on Friday, in his first address after the Union Budget was presented on Monday.

04 Feb 2021

Sony

Sony sold 4.5 million PlayStation 5 consoles since November

Sony's latest earnings report says the company sold 4.5 million PlayStation 5 (PS5) gaming consoles worldwide in a two-month period since November 13.

04 Feb 2021

Kia Motors

Apple rumored to invest $3.6 billion in Kia Motors

Apple is rumored to be planning an investment of $3.6 billion in Hyundai-owned Kia Motors. The deal could be the first step toward producing the Apple Car at Kia's facilities in Georgia.

04 Feb 2021

Amazon

Amazon will pay drivers $61.7 million after FTC uncovered fraud

Amazon must pay $61.7 million in settlement for stealing an unspecified portion of customer tips left for its Flex drivers. The decision was announced by the US Federal Trade Commission (FTC) after concluding its investigation.

04 Feb 2021

Amazon Web Services

Parler CEO reveals he has been fired by the board

Former Parler CEO John Matze sent a memo to staffers on February 3 saying his position as CEO of the company had been terminated with immediate effect on January 29.

04 Feb 2021

Coronavirus

Factors to look for when hiring a commercial cleaning company

When we talk about work productivity, we must admit that one of the most significant factors that affect the productivity of the employees is the working environment, or, to be more specific, their office.

04 Feb 2021

Google

Google Shopping search results introduce racial profiling of black-owned businesses

Google has updated shopping search results to make it easier for consumers to identify products sold by black-owned businesses.

03 Feb 2021

Nirmala Sitharaman

Government could reserve 10% of LIC IPO for policyholders

In her annual Budget speech, Finance Minister Nirmala Sitharaman said that the initial public offering (IPO) of Life Insurance Corporation of India (LIC) will be launched this year.

03 Feb 2021

Business

Hit by pandemic, oil giants Exxon, BP post huge losses

Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices.

03 Feb 2021

Tata Nexon

Tata Motors launches Founders Edition models to celebrate 75th anniversary

Celebrating its 75th anniversary, Tata Motors has launched Founders Edition model for the Tiago, Tigor, Altroz, Nexon, and Harrier cars. They will be offered only to the company's employees and can be booked online.

03 Feb 2021

Amazon

Meet Andy Jassy: Next CEO of Amazon replacing Jeff Bezos

Andy Jassy may keep a low profile, but he has led the Amazon Web Services (AWS) to an impressive $50 billion revenue this year.

03 Feb 2021

Amazon

Jeff Bezos to step down as Amazon CEO

Jeff Bezos, who founded Amazon nearly three decades ago in his garage, will be stepping down from the post of CEO in the third quarter, the company announced on Tuesday.

02 Feb 2021

Google

Google will pay $3.8 million in hiring, pay discrimination settlement

Google will settle hiring and pay discrimination investigation by paying $3.8 million, including $2.6 million in back pay.

02 Feb 2021

Florida

How Christopher C Molina fulfilled the American dream?

Christopher C. Molina is the Senior Loan Officer and Business Development Manager of Cross Country Mortgage Palm Beach in West Palm Beach, Florida.

01 Feb 2021

Indian Railways

Budget 2021: Rs. 1.1 lakh crore plan for Indian Railways

Union Finance Minister Nirmala Sitharaman on Monday announced a record sum of Rs. 1.10 lakh crore for the Indian Railways in her Budget 2021 speech.

01 Feb 2021

Startups

This entrepreneur is helping small brands grow through digital marketing

Amit Duggal spent his early life in Dehradun - a hill town nestled in the foothills of the Shivalik ranges - before shifting base to New Delhi to pursue an MBA degree.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: What gets more expensive and what gets cheaper?

Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget for the financial year 2021-2022.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: What is the voluntary vehicle scrappage policy?

During her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman on Monday announced a voluntary vehicle scrappage policy.

01 Feb 2021

Business

Pankaj Vijayvargiya: A successful entrepreneurial story

Whenever someone talks about start-ups and entrepreneurship, no one fails to mention the idea of facing toxic market competition. But Pankaj Vijayvargiya believes otherwise.

01 Feb 2021

India

Khushwant Singh all set to take Indian brands international

Khushwant Singh made eight figures in three months and is all set to launch Indian made online brands in the international market. His e-commerce store for Indians has helped entrepreneurs earn through the internet.

Sensex zooms over 1,700 points after Union Budget 2021

The Bombay Stock Exchange benchmark Sensex zoomed over 1,700 points and National Stock Exchange Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which analysts believe is growth-oriented.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: Infrastructure gets big boost

Union Finance Minister Nirmala Sitharaman on Monday unveiled India's first post-COVID-19 Union Budget for the financial year 2021-2022.

01 Feb 2021

Nirmala Sitharaman

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns.

01 Feb 2021

Startups

Budget 2021: Centre to incentivize incorporation of one-person companies

Finance Minister Nirmala Sitharaman has presented the much-awaited Union Budget 2021-22 on Monday at a time when the Indian economy strives to recover from the COVID-19-induced crisis.

01 Feb 2021

Lok Sabha

Union Budget 2021: Sitharaman announces Rs. 35,000 crore for vaccines

On Monday, Finance Minister Nirmala Sitharaman presented the Union Budget, her third one so far and the first one amid the coronavirus pandemic.

01 Feb 2021

Nirmala Sitharaman

Nirmala Sitharaman to present 'Budget like never before' shortly

At 11 am, Finance Minister Nirmala Sitharaman will present her third Union Budget. With the minister earlier declaring that this Budget "will be like never before," the expectations of a coronavirus-battered nation are already high.

30 Jan 2021

Jaguar Land Rover

Tata Motors Q3 2020 report: 67.2% growth in net profit

In an encouraging development, Tata Motors has recorded a 67.2% surge in net profit for the December quarter.

30 Jan 2021

India

Government attempts to ban Bitcoin again; Considers digitizing the rupee

After leaving Indians with no choice but to embrace digital transactions, the government is poised to ban cryptocurrencies.

29 Jan 2021

Facebook

Robinhood reportedly sells GameStop shares without permission from traders

Trading app Robinhood on Thursday prevented investors from buying several stocks in order to facilitate short-selling hedge funds in their battle against the working class investors from the WallStreetBets subreddit.

29 Jan 2021

Ted Cruz

AOC urges US Congress to investigate Robinhood's GameStop freeze

Alexandria Ocasio-Cortez called on the US Congress to investigate trading app Robinhood over its GameStop freeze.

29 Jan 2021

General Motors

General Motors mulls manufacturing only electric vehicles by 2035

General Motors will stop producing fuel-guzzling vehicles by 2035 and shift to electric models in order to become carbon neutral by 2040.

29 Jan 2021

Tata Nexon

Nexon EV gets a second price-hike; new sales milestone reached

Following a second price-hike, the XZ+ and XZ+ LUX variants of the Tata Nexon EV have become costlier by Rs. 15,000.

29 Jan 2021

India

Sitharaman tables Economic Survey; FY22 GDP growth pegged at 11%

Union Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2021 in the Parliament.

29 Jan 2021

India

TVS Motor records highest ever quarterly profit, share up 11%

TVS Motor has recorded its highest-ever net profit of Rs. 266 crore for the quarter ending December 31, 2020, as against a profit Rs. 121.07 crore reported in the corresponding quarter of 2019.

29 Jan 2021

Volkswagen

Toyota surpasses Volkswagen to become leading car seller in 2020

For the first time in five years, Toyota overtook Volkswagen in car sales and emerged as the world's biggest automaker in 2020, as the latter was hit harder by the pandemic-induced demand slump.