Business News

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14 Jul 2021

Zomato

Zomato's IPO opens for subscription: Should you invest?

Indian restaurant aggregator and food delivery service Zomato is set to launch its Rs. 9,375 crore initial public offering (IPO) today (July 14). Shares from the company's IPO are expected to be in the price range of Rs. 72 to Rs. 76 each.

13 Jul 2021

Elon Musk

Elon Musk purchases ticket for Virgin Galactic flight to space

Did you think that SpaceX CEO Elon Musk and Virgin Galactic founder Richard Branson are at odds with each other just because they run rival space exploration companies?

12 Jul 2021

Flipkart

#FundingAlert: Flipkart raises $3.6 billion in fresh funding

Walmart-owned e-commerce giant Flipkart has successfully raised $3.6 billion in fresh funding from global investors, sovereign funds, and private equity firms, as well as by Walmart itself.

10 Jul 2021

Delhi

Mother Dairy raises milk prices from tomorrow. Check rates here

Mother Dairy has decided to hike prices of milk in Delhi-NCR and other cities by Rs. 2 per liter starting tomorrow, July 11.

09 Jul 2021

Health & Wellness

HealthifyMe acqui-hires Under45 team, launches Co-WIN-linked vaccination slot booking facility

With India's COVID-19 vaccination drive gathering steam and breaking records, it's no surprise that private entities want to do their bit for the country, too.

Sensex drops 183 points; Nifty slips below 15,700 points

Equity benchmark Sensex tumbled over 183 points to close in red on Friday, tracking losses in index majors HDFC Bank, Reliance Industries, and TCS.

09 Jul 2021

India

WhatsApp says it has put new privacy policy on hold

WhatsApp today told the Delhi High Court it would neither force users to accept its controversial new privacy policy nor limit functionality of the messaging service for those who choose not to accept its terms.

08 Jul 2021

France

French court allows Cairn Energy to seize 20 Indian properties

A French court order has reportedly allowed Britain's Cairn Energy to seize some 20 properties owned by the Indian government in Paris.

08 Jul 2021

X

Trump sues Facebook, Twitter, Google alleging violation of First Amendment

On Wednesday, former US President Donald Trump announced that he will move court against Facebook, Google, Twitter, and their CEOs.

07 Jul 2021

Mukesh Ambani

Ambani, Adani to turn competitors over green energy domination

Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani.

Sensex ends above 53,000-mark for the first time

Equity benchmark Sensex jumped 194 points to close above the 53,000-mark for the first time on Wednesday, propelled by metal, finance, and banking stocks, as investors were in buying mode ahead of a reshuffle of the Union Cabinet.

07 Jul 2021

Fuel Price Hike

Fuel price hike: Petrol rate hits Rs. 100/liter in Delhi

The petrol price Wednesday crossed the Rs. 100-a-liter mark in Delhi after fuel prices were increased in line with firming international oil trends.

06 Jul 2021

Amazon

Amazon begins new chapter as Bezos hands over CEO role

Amazon founder Jeff Bezos stepped down as the CEO Monday as the multinational technology company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.

04 Jul 2021

Startups

Here's how Mighty is empowering children through e-commerce and entrepreneurship

Just when you thought that e-commerce is at its pinnacle, a Los Angeles-based start-up called Mighty is here to take it up a notch.

TDS rules change from this month. Check details here

In the Union Budget 2021, the Finance Ministry has introduced a fresh rule to deduct Tax Deducted at Source (TDS) at a higher rate for those who failed to file their income tax returns for the past couple of years.

Sensex snaps four-day losing streak, ends 166 points higher

Snapping its four-session losing run, equity benchmark Sensex jumped 166 points on Friday, led by gains in index majors Reliance Industries, ICICI Bank, and HDFC.

01 Jul 2021

Zoom

Zoom announces plans to acquire machine translation start-up Kites

Popular video calling platform Zoom has announced plans to acquire Karlsruhe Information Technology Solutions GmbH, also known as Kites.

30 Jun 2021

Shashi Tharoor

Google admits that employees listen to some 'Ok Google' queries

We previously reported that a Parliamentary Standing Committee on Information Technology had summoned executives of Silicon Valley giants Facebook and Google to discuss the safety of citizens and their rights online.

30 Jun 2021

Vaccine

Bharat Biotech denies wrongdoing in $324mn COVAXIN deal with Brazil

Hyderabad-based pharmaceutical company Bharat Biotech denied any wrongdoing on its part after Brazil suspended a $324 million contract for doses of its COVID-19 vaccine COVAXIN.

29 Jun 2021

Facebook

Eavesdropping, women's safety discussed at Facebook, Google IT panel meet

Officials of Facebook and Google appeared before a Parliamentary panel on Information Technology in Delhi on Tuesday regarding the misuse of social media platforms.

29 Jun 2021

India

Fuel prices jump once again. Check rates in your city

Fuel prices across India were hiked once again on Tuesday, after remaining stable the previous day.

29 Jun 2021

Facebook

Facebook has become $1 trillion company in just 17 years

Mark Zuckerberg-led Facebook now has a market value of over $1 trillion, thanks to a 4.2 percent uptick in its share price on Monday. Remarkably, it has achieved this milestone faster than any other technology firm.

28 Jun 2021

Nirmala Sitharaman

FM announces Rs. 1.1 lakh-crore loan guarantee for COVID-hit sectors

Union Finance Minister Nirmala Sitharaman addressed a key press conference on Monday, announcing a slew of economic relief measures.

28 Jun 2021

Shashi Tharoor

Shashi Tharoor-led parliamentary committee summons Google, Facebook

The Indian government's Parliamentary Standing Committee on Information Technology has requested officials from Google and Facebook to convene for a meeting on June 29 (Tuesday) to discuss how citizens should be safeguarded online.

28 Jun 2021

X

Twitter's grievance officer quits within weeks amid row with Centre

Twitter's interim grievance officer has reportedly resigned, causing more trouble for the microblogging platform that has been at odds with the Indian government.

26 Jun 2021

Fuel Price Hike

Petrol crosses Rs. 100 a liter in Tamil Nadu

Petrol prices soared past the Rs. 100-a-liter mark in Tamil Nadu after fuel prices were hiked again on Saturday.

24 Jun 2021

Chennai

Petrol nears Rs. 99/liter mark in Chennai after latest hike

Petrol prices in Chennai neared Rs. 99 per liter mark on Thursday after fuel prices were increased again on firming international oil rates.

24 Jun 2021

Mukesh Ambani

Reliance AGM: Ambani inducts Saudi Aramco chairman on RIL board

Reliance Industries Limited (RIL) held its 44th annual general meeting (AGM) on Thursday, during which, the company made several key announcements regarding its telecom, retail, and oil-to-chemicals business.

24 Jun 2021

Mukesh Ambani

Everything that Ambani announced at Reliance's Annual General Meeting 2021

Today, Mukesh Ambani-led conglomerate Reliance Industries Ltd. (RIL) held its 44th Annual General Meeting (AGM), virtually. The event commenced at 2pm and was streamed live on the JioMeet platform.

Sensex jumps over 200 points in early trade

Equity benchmark Sensex jumped over 200 points in early trade on Thursday, tracking gains in index majors Infosys, TCS, and HDFC Bank amid heavy foreign fund inflow.

24 Jun 2021

Spain

McAfee founder dies of 'apparent suicide' in Spanish prison

John McAfee, the founder of the antivirus software McAfee, was found dead in his jail cell in Spain on Wednesday.

23 Jun 2021

Bill Gates

Warren Buffett resigns as Bill & Melinda Gates Foundation trustee

Billionaire Warren Buffett on Wednesday announced that he has resigned as a trustee at the Bill & Melinda Gates Foundation.

23 Jun 2021

Google

Google's new tool adjusts employee salary according to work-from-home location

Search giant Google rolled out a new tool called "Work Location Tool" for employees on Tuesday that would estimate how an employee's pay would change depending on their work location preferences.

23 Jun 2021

Google

Google is now accepting submissions for 2021 Material Design Awards

On June 21, Google began welcoming submissions for its annual contest that rewards ingenious use of the Material Design system across four categories.

22 Jun 2021

Jet Airways

NCLT approves Jalan-Kalrock consortium's plan for Jet Airways

The National Company Law Tribunal (NCLT) on Tuesday cleared the resolution plan of Kalrock Capital and entrepreneur Murari Lal Jalan for the revival of the bankrupt Jet Airways.

Sensex rallies over 350 points to hit record intra-day high

Equity benchmark Sensex rallied over 350 points to scale a fresh intra-day record in early trade on Tuesday, tracking gains in index-heavyweights Reliance Industries, HDFC twins, and ICICI Bank, amid a positive trend in global equities.

21 Jun 2021

Samsung

Samsung shifts its display manufacturing facility from China to Noida

South Korean electronics giant Samsung has successfully shifted its display manufacturing facilities from China to Noida in Chief Minister Yogi Adityanath-led Uttar Pradesh, all thanks to India's industry-friendly policies.

21 Jun 2021

Sensex

Sensex tanks nearly 600 points in early trade

Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities.

19 Jun 2021

Chicago

Boeing's newest version of the 737 Max makes first flight

Boeing's newest version of the 737 Max 10 jetliner made its first test flight on Friday, taking off near Seattle for an expected two-hour trip that the company hopes will signal improving fortunes for its most important plane.

17 Jun 2021

OPPO

OnePlus is merging with OPPO, but will operate independently

OnePlus and OPPO are sister concerns owned by the Chinese parent group BBK Electronics. After increasingly close collaboration between the two brands over the years, OnePlus is officially merging with OPPO.