Business News
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23 Sep 2021
SensexA fresh high: Sensex skyrockets 958 points; Nifty tops 17,800
Equity benchmark Sensex zoomed 958 points to end at a fresh lifetime high on Thursday, tracking gains in index majors Reliance Industries, HDFC twins, and ICICI Bank amid a positive trend in global markets.
23 Sep 2021
FacebookFacebook CTO stepping down after '13 amazing years': Here's why
Facebook Chief Technology Officer (CTO) Mike Schroepfer announced on Wednesday that he would be stepping down from his role and transitioning to a part-time position as a Senior Fellow at Facebook next year.
23 Sep 2021
StartupsIndian SaaS start-up Freshworks lists on Nasdaq following billion-dollar IPO
Chennai and San Mateo-based software-as-a-service (SaaS) company Freshworks Inc. made its debut on Nasdaq after an initial public offering (IPO) worth over $1 billion.
23 Sep 2021
SensexSensex rallies over 450 points; Nifty tops 17,650
Equity benchmark Sensex rallied over 450 points in opening trade on Thursday amid a positive trend in global markets after the US Federal Reserve hinted that it may begin easing its extraordinary support measures for the economy later this year.
23 Sep 2021
Reserve Bank Of India (RBI)New rule introduced for auto-debit transactions from October 1
If you use your credit/debit cards or mobile wallets for recurring auto-payments, an important change is coming next month.
23 Sep 2021
SustainabilityApple's zero net emissions goal looks unlikely: Here's why
In July 2020, Apple had announced that by 2030 the company will work to achieve a 100% carbon-neutral footprint.
22 Sep 2021
BooksShortlist of third Gaja Capital Business Book Prize unveiled
Azim Premji: The Man Beyond the Billions by Sundeep Khanna and Getting Competitive: A Practitioner's Guide for India by RC Bhargava are among the five non-fiction books on contemporary Indian business that have made it to the shortlist of the third Gaja Capital Business Book Prize.
22 Sep 2021
AsiaAjay Banga to retire from Mastercard on December 31
Ajay Banga, one of the topmost Indian-American corporate leaders, and a strong advocate of the India-US relationship would retire from Mastercard at the end of 2021.
22 Sep 2021
SensexSensex surges over 100 points; Nifty tops 17,500
Equity benchmark Sensex rose over 100 points in opening trade on Wednesday, tracking gains in IT stocks amid sustained foreign fund inflow.
22 Sep 2021
Sony PicturesZee Entertainment to merge with Sony India: All details here
On Wednesday, ZEE Entertainment Enterprises Ltd. (ZEEL) said that its board has given in-principle approval to proceed with a merger with Sony Pictures Networks India (SPNI).
21 Sep 2021
SensexSensex rebounds 514 points; Nifty reclaims 17,500 mark
Equity benchmark Sensex rallied 514 points on Tuesday, led by gains in Infosys, Bajaj Finance and ITC amid a supportive trend in global markets.
21 Sep 2021
Amazon'Zero tolerance'; Government probing claims of Amazon lawyers bribing officials
The government is investigating allegations that Amazon's legal representatives bribed officials in India, clarifying that it has a "zero-tolerance" policy toward corruption.
20 Sep 2021
CaliforniaElon Musk takes his 'last remaining' house off the market
Elon Musk is putting his vow to sell all "physical possessions" on hold.
20 Sep 2021
AmazonWe have zero tolerance for corruption: Amazon on bribery allegations
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.
20 Sep 2021
SensexSensex plunges 525 points on global sell-off
Equity benchmark Sensex plunged 525 points on Monday, led by losses in index majors HDFC twins, Tata Steel, and ICICI Bank amid a sell-off in global markets.
20 Sep 2021
West BengalCelebrity Breweries will invest over Rs. 100cr in West Bengal
City-based Celebrity Breweries Private Limited plans to invest more than Rs. 100 crore in the West Bengal beer market, a top company official said.
20 Sep 2021
SensexSensex slumps over 350 points in early trade
Equity benchmark Sensex slumped over 350 points in early trade on Monday, tracking losses in index majors Tata Steel, HDFC twins, and ICICI Bank amid thin trade in global markets.
18 Sep 2021
ZomatoSwiggy, Zomato will now collect GST. Does it affect you?
Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.
16 Sep 2021
Nirmala SitharamanNirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'
To reduce the non-performing assets (NPA) of public sector banks, the Union Cabinet approved a plan to set up the National Asset Reconstruction Company Limited (NARCL) or the "bad bank."
16 Sep 2021
SensexMarkets maintain record run; Sensex crosses 59K for first time
Market benchmark Sensex scaled the 59,000-mark for the first time on Thursday as investors remained in risk-on mode following the government's policy support measures for various sectors.
16 Sep 2021
LucknowGST Council to meet in Lucknow on Friday
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review the tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID-19 drugs.
16 Sep 2021
SensexSensex hits fresh record in early trade; Nifty above 17,560
Equity benchmark Sensex jumped over 150 points in early trade to scale a fresh lifetime high of 58,875.78 on Thursday, tracking gains in index majors Bharti Airtel, Tata Steel, and HCL Tech.
15 Sep 2021
SensexSensex and Nifty surge to fresh lifetime peaks
Equity benchmark Sensex soared over 475 points to close at its new lifetime high on Wednesday, driven by gains in TCS, Bharti Airtel, and Titan amid persistent foreign capital inflows.
14 Sep 2021
ZomatoZomato co-founder Gaurav Gupta quits to start 'a new chapter'
Gaurav Gupta, the co-founder and Chief Operating Officer (COO) of homegrown food-delivery platform Zomato, has announced his decision to quit the company.
14 Sep 2021
MumbaiIndia, Singapore launch project to link UPI and PayNow
India and Singapore will link their respective fast payment systems - Unified Payments Interface (UPI) and PayNow - to enable users to make instant, low-cost fund transfers on a reciprocal basis, the Reserve Bank said on Tuesday.
14 Sep 2021
SensexSensex rises over 180 points on easing inflation, firm cues
Equity benchmark Sensex surged over 180 points in early trade on Tuesday, as easing retail inflation triggered buying sentiment in the market.
13 Sep 2021
Bhavish AggarwalOla Electric's Futurefactory to be run by 10,000+ women
Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.
13 Sep 2021
SensexSensex drops 127 points; RIL tumbles over two percent
Equity benchmark Sensex dropped 127 points on Monday, weighed by losses in index heavyweights Reliance Industries, ICICI Bank, and HDFC Bank.
13 Sep 2021
Jet AirwaysJet Airways to resume domestic services in Q1 of 2022
Jet Airways will restart domestic operations by the first quarter of 2022 and short-haul international flights by the last quarter of 2022, Jalan-Kalrock Consortium, the winning bidder for the grounded airline, stated on Monday.
10 Sep 2021
Supreme Court Of IndiaOver 1,800 Amrapali homebuyers told to clear balance amount
Former Indian cricket captain Mahendra Singh Dhoni is among over 1,800 homebuyers of Amrapali housing projects in Noida who have been asked by a Supreme Court-appointed receiver to start making payments of their outstanding dues within 15 days.
10 Sep 2021
AgricultureGovernment enhances scope of TMA scheme for agricultural exports
The government on Friday enhanced the scope of the Transport and Marketing Assistance scheme for specified agriculture products by including dairy products under its purview and increasing assistance rates.
09 Sep 2021
Supreme Court Of IndiaFuture-Reliance deal: SC stays Delhi HC proceedings on Amazon's plea
The Supreme Court on Thursday stayed all proceedings before the Delhi High Court in the Amazon-Future Group-Reliance dispute.
08 Sep 2021
SensexSensex, Nifty open on choppy note; IT stocks tumble
Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday, led by weakness in index-heavyweight IT stocks amid tepid cues from global markets.
07 Sep 2021
SensexSensex snaps three-day winning run; IT, pharma stocks weigh
BSE Sensex surged to yet another all-time high but closed modestly lower on Tuesday as investors offloaded IT, pharma, and banking stocks at higher levels.
07 Sep 2021
CryptocurrencyEl Salvador declares Bitcoin legal tender: What changes now?
It's been 12 years since an anonymous group introduced the world to Bitcoin.
06 Sep 2021
SensexSensex, Nifty close at new lifetime highs
Equity benchmark Sensex jumped over 160 points to close at its fresh lifetime peak on Monday, driven by gains in Reliance Industries and Infosys amid strong global cues and unabated foreign capital inflows.
06 Sep 2021
SensexSensex hits fresh record high; Nifty hovers around 17,400
Equity benchmark Sensex jumped over 260 points in early trade to scale a fresh lifetime high of 58,390.21 on Monday, tracking gains in index majors Reliance Industries, Bajaj Auto, and L&T amid a largely positive trend in global markets.
03 Sep 2021
SensexA fresh high: Sensex closes above 58K; Nifty tops 17,300
Equity benchmark Sensex surged 277 points to close above the 58,000-mark for the first time on Friday, driven by gains in index major Reliance Industries amid a largely positive trend in global markets and sustained foreign fund inflows.
03 Sep 2021
SensexSensex scales 58,000 level for first time; Nifty tops 17,300
Equity benchmark Sensex jumped over 250 points in early trade to scale the 58,000-level for the first time on Friday, led by gains in index majors Reliance Industries, Kotak Bank, and ICICI Bank amid a positive trend in global markets and sustained foreign fund inflows.
02 Sep 2021
AppleApple slapped with antitrust complaint alleging unfair fees in India
Cupertino-based tech giant Apple has been hit with an antitrust filing in India against its 30% commission on in-app purchases, according to documents seen by Reuters.
