Business News
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12 Apr 2021
Bombay Stock Exchange (BSE)Sensex nosedives over 1,400 points in early trade
Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.
11 Apr 2021
CryptocurrencySignal Payments announced with support for cryptocurrency
Signal, the secure messaging app, recently announced that it is rolling out a beta version of its app which brings the new Signal Payments feature.
10 Apr 2021
iPhoneUS official calls Tim Cook's voting on iPhone suggestion 'preposterous'
Ohio's Secretary of State, Frank LaRose, called Apple's CEO Tim Cook's idea of voting on the iPhone "preposterous."
08 Apr 2021
StartupsIndian social media platform ShareChat raises $502 million, becomes unicorn
It's raining unicorns in India. ShareChat is the latest entrant to the billion-dollar club after raising $502 million from Tiger Global Management and LightSpeed Venture Partners. This pegs the Indian social media platform's valuation to $2.1 billion.
08 Apr 2021
Elon MuskFollowing outcry, Tesla refunded customers who were double-charged for cars
Late last month, we reported that several Tesla customers were charged twice for their new electric cars. One of the affected customers, Christopher T. Lee, who goes by the name Everyday Chris on YouTube even made a video detailing his experience.
08 Apr 2021
Bombay Stock Exchange (BSE)Sensex surges over 300 points in early trade
Equity benchmark Sensex surged over 300 points in early trade on Thursday, tracking gains in index heavyweights HDFC twins, ICICI Bank and Infosys amid a positive trend in global markets.
07 Apr 2021
IndiaMukesh Ambani dethrones Jack Ma as Asia's richest person
India has the third-highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine.
07 Apr 2021
Reserve Bank Of India (RBI)RBI MPC keeps repo rate unchanged at 4%
The Monetary Policy Committee (MPC) of the Reserve Bank of India today kept the repo rate unchanged at 4 percent and maintained its accommodative stance for as long as necessary to sustain growth.
06 Apr 2021
StartupsCRED's valuation skyrockets to $2.2 billion following fresh investment
In March, we had reported that Bengaluru-based fintech start-up CRED was in talks to raise around $200 million.
06 Apr 2021
Bombay Stock Exchange (BSE)Sensex jumps over 300 points in early trade
After starting on a weak note, equity benchmark Sensex rebounded over 300 points in early trade on Tuesday, tracking gains in index heavyweights HDFC twins, Infosys, and ICICI Bank.
06 Apr 2021
Aakash InstituteBYJU's acquires Aakash Educational Services for $1 billion
Popular online teaching platform BYJU's announced on Monday that it has acquired Aakash Educational Services Limited, a chain of physical coaching centres in the country, for nearly $1 billion.
05 Apr 2021
Elon MuskMusk wants to hire you even without a college degree
Elon Musk, the billionaire CEO of Tesla and SpaceX, may want to hire you.
05 Apr 2021
LGLG announces shutdown of global smartphone business
LG has officially announced that it will shut down its mobile phone business after failing to find a buyer for its faltering consumer technology arm.
05 Apr 2021
Bombay Stock Exchange (BSE)Sensex plummets over 1,400 points amid spurt in COVID-19 cases
Equity benchmark Sensex tumbled over 1,400 points in the morning session on Monday, dragged by massive losses in financial stocks amid concerns over spiking COVID-19 cases in the country.
05 Apr 2021
Gaming BytesHP announces gaming scholarship with benefits worth Rs. 12 lakh
HP has announced the OMEN Esports Gold Quest in India in collaboration with AMD. The scholarship is meant to help esports players establish their gaming careers.
04 Apr 2021
iPhoneTSMC's silicon wafer price hike could affect Apple's iPhone 13
Apple's longstanding primary source for silicon, the Taiwan Semiconductor Manufacturing Company (TSMC), was expected to hike prices by 15% for its silicon wafers when the auto industry was facing a chip crunch.
04 Apr 2021
Tesla Model STesla sold more cars than it produced in Q1 2021
Tesla has announced that it has delivered more cars in the first quarter of 2021 than it produced in the same period.
03 Apr 2021
AmazonAmazon explored opening discount stores to clear out unsold products
Amazon Inc. has been exploring an idea of opening physical stores to offload the unsold inventory at heavy discounts, reveals Bloomberg. The information was disclosed by two people familiar with the plan.
02 Apr 2021
Apple Macbook ProApple knowingly sold MacBooks with defective displays: US Judge
A California federal judge, Edward Davila, has allowed a new class-action lawsuit against Apple to pass. The suit claims that Apple has sold MacBook Pro laptops with defective display panels, where the bottom part of the screen suffers from alternate dark spots.
02 Apr 2021
Make in IndiaGovernment will give $1 billion to chip-makers manufacturing in India
The government of India will offer more than $1 billion in cash to every company that sets up a semiconductor manufacturing unit in the country.
01 Apr 2021
PSUsPSU bank merger: How it impacts you as a customer
The Indian government's ongoing merger of certain public sector banks will bring in a range of sweeping changes for customers of eight banks starting today (April 1).
01 Apr 2021
FlipkartGoogle cancels April Fools' Day pranks for second consecutive year
Search giant Google will refrain from wisecracks for the second consecutive year. The Verge and Business Insider received confirmation from the company that owing to the coronavirus pandemic, jokes for this year's April Fools' Day have been paused.
01 Apr 2021
Nirmala SitharamanWithin hours, Modi government rolls back small savings rate cut
Less than 12 hours after announcing a steep reduction in small savings interest rates, the government has scrapped the order, saying it was issued by oversight.
31 Mar 2021
Aadhaar CardDeadline for linking Aadhaar and PAN extended till June 30
The deadline to link PAN (Permanent Account Number) and Aadhaar has been extended till June 30, 2021.
31 Mar 2021
FacebookParler warned FBI over 50 times before Capitol Hill protests
Free speech platform Parler reportedly informed the FBI of violent content on its platform in the days leading up to the Capitol Hill riots.
31 Mar 2021
TechnologyApple loses Steve Jobs' trademark catchphrase to Swatch
A London court recently ruled that Apple Inc. could not keep Swiss watchmaker Swatch from using the phrase "one more thing" as its own trademark.
31 Mar 2021
IndiaIndia freezes TikTok parent ByteDance's bank accounts in fresh blow
Indian authorities have frozen the bank accounts of TikTok owner ByteDance on grounds of alleged tax evasion by the Chinese firm.
31 Mar 2021
Aadhaar CardAadhaar-PAN linking last date: Here's how you can do it
The last date to link the PAN card and the Aadhaar card is March 31 (today).
31 Mar 2021
Electric VehiclesTesla customers double charged; Forced to seek help from banks
In a strange development, multiple Tesla customers have reported being charged twice for their new electric cars. Christopher Lee is one such customer who documented his ordeal in a YouTube video, where he was billed $56,579 twice for the Tesla Model Y.
31 Mar 2021
Bombay Stock Exchange (BSE)Sensex tanks over 400 points in early trade
Equity benchmark Sensex tumbled over 400 points in early trade on Wednesday, dragged by losses in index majors HDFC twins, Infosys, and ICICI Bank amid a negative trend in global markets.
30 Mar 2021
XiaomiXiaomi to make smart electric vehicles, announces $10 billion investment
Chinese tech giant Xiaomi has announced its entry into the automotive industry. According to an official filing with the Hong Kong Stock Exchange, the company will set up a "wholly-owned subsidiary" to commence and operate a new smart electric vehicle business.
30 Mar 2021
CryptocurrencyVisa to allow payments using cryptocurrency
Visa Inc. will wade deeper into digital currency waters as it green-lights the use of cryptocurrency to directly settle payments on its network.
30 Mar 2021
India87% Indian businesses considering long-term work from home plans: Survey
87 percent of businesses in India are mulling over making work from home a permanent option for their employees, according to a survey report by BCG-Zoom.
30 Mar 2021
Fuel Price HikePetrol and diesel prices see third cut in a week
Petrol and diesel prices on Tuesday were cut for the third time within a week on the back of softening international oil prices.
30 Mar 2021
Bombay Stock Exchange (BSE)Sensex rallies over 500 points in early trade
Equity benchmark Sensex rallied over 500 points in early trade on Tuesday, tracking gains in index majors HDFC twins, HUL and ICICI Bank amid largely positive cues from the Asian peers.
29 Mar 2021
IndiaLife insurers spend Rs. 2,000 crore on COVID-19 death claims
A total of 24 life insurance companies spent crores of rupees on COVID-19 death claims that are over and above the death claims that they usually receive every year.
27 Mar 2021
IndiaFrom today, banks to remain closed for 7 days
In case you are planning to visit your bank in the coming week, you may have to reschedule it as banks across the country will remain closed for seven days between March 27 and April 4.
27 Mar 2021
Redmi K40Redmi K40 series crosses one million sales milestone in China
Redmi has managed to sell over one million units of the K40 series in China in just 23 days, an official Weibo post has confirmed. The line-up includes the K40, K40 Pro, and K40 Pro+ models.
26 Mar 2021
Mark ZuckerbergCongress' five-hour questioning of Big Tech didn't yield actionable answers
In the first appearance before Congress since the US Capitol Hill riots, Big Tech faced criticism for around five hours about its handling of extremism and misinformation during the pandemic and the protests.
26 Mar 2021
Supreme Court Of IndiaWin for Tata Sons; Supreme Court upholds Cyrus Mistry's sacking
The Supreme Court on Friday set aside an order of the National Company Law Appellate Tribunal (NCLAT) reinstating Cyrus Mistry as the Chairperson of Tata Sons Limited.
