Business News

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25 Apr 2022

Sensex

Sensex slips to 56,579.89 points, Nifty drops below 16,700

On Monday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 1.09% to 56,579.89 points, the Nifty fell 1.29% to 16,953.95 points.

25 Apr 2022

X

After adopting 'poison pill,' Twitter re-examining Elon Musk's buyout offer

Twitter is re-evaluating Elon Musk's buyout proposal as fresh negotiations between the two camps are underway.

22 Apr 2022

Zomato

Earth Day 2022: Zomato announces 100% plastic neutral deliveries

As an Earth Day preset, food delivery platform Zomato announced 100% plastic neutral deliveries from this month onward. The company has also set a target of delivering more than 10 crore orders in sustainable packaging.

22 Apr 2022

Sensex

Sensex falls 700 points; Nifty drops below 17,200 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 1.25% to 57,197.15 points, while the Nifty fell 1.28% to 17,171.95 points.

22 Apr 2022

X

'Poison pill' to 'tender offer': Decoding Musk's Twitter takeover strategy

For those who are wondering whether Elon Musk gave up on his pursuit of Twitter, well, you shouldn't.

22 Apr 2022

Ola Electric

Ola Electric's losses touched Rs. 200 crore in FY21

In the financial year ended March 2021, Ola Electric's losses touched nearly Rs. 200 crore.

21 Apr 2022

Nestle

Nestle to hike prices of Maggi, KitKat, Nescafe in India?

FMCG giant Nestle India said on Thursday the cost of key raw and packaging materials was seeing 10-year highs and continued to surge this quarter, impacting its profit from operations.

21 Apr 2022

Sensex

Sensex climbs to 57,911 points, Nifty settles near 17,400

On Thursday, the stock market had a bearish look but the benchmark Sensex and Nifty indices witnessed a surge. Sensex jumped 1.51% to 57,911.68 points while the Nifty climbed 1.47% to 17,392.6.

21 Apr 2022

Elon Musk

Tesla blows away estimates with record $3.3 billion quarterly profit

Tesla posted a record profit of $3.3 billion in the first quarter of 2022 amid supply chain constraints and production delays.

21 Apr 2022

Elon Musk

Musk's Boring Company reaches $5.7bn valuation with latest $675mn funding

Elon Musk's underground tunneling project, The Boring Company, has raised $675 million in Series C funding round. This takes the valuation of the enterprise to $5.7 billion.

21 Apr 2022

Samsung

Global smartphone shipments down by 11% in Q1 of 2022

Amid unfavorable conditions, smartphone shipments have fallen by 11% in the first quarter of 2022, says new data from Canalys.

20 Apr 2022

Sensex

Sensex climbs to 57,038 points, Nifty reclaims 17,100 mark

The benchmark Sensex and Nifty indices ended a five-day losing streak, thanks to gains in automobile and energy stocks.

20 Apr 2022

Reliance Jio

Everything about Reliance JioFiber's postpaid plans with zero entry cost

Reliance Jio has announced several new plans under its JioFiber category, which offer extra benefits like zero entry cost, internet home gateway, and set-top box to users for free.

19 Apr 2022

Sensex

Sensex slips to 56,463.15 points, Nifty settles below 17,000 points

The benchmark Sensex and Nifty indices witnessed a slump, extending the losing streak for the fifth day. While the Sensex slipped 703.59 points to 56,463.15 points, the Nifty shed 215 points, or 1.27%, to 16,958.65 points.

19 Apr 2022

X

Twitter board salary will be $0 if bid succeeds: Musk

In another episode of Elon Musk v/s Twitter, the multi-billionaire took a swipe at the board of Twitter.

18 Apr 2022

Sensex

Sensex slips to 57,167 points, Nifty settles below 17,200

The Indian equity benchmarks on Monday ended on a bearish note, dragged by information technology (IT) and banking stocks.

18 Apr 2022

Sensex

Sensex loses over 1,200 points; Infosys is down 7.5%

After a four-day gap, Indian stock markets have opened deep in red with Sensex down by 2.14% to hover around 57,088, while Nifty has plunged 1.9% to 17,147.05 points.

16 Apr 2022

X

Twitter mounts 'poison pill' defense to resist Musk's takeover attempt

The ongoing Twitter-Elon Musk saga seems unlikely to end anytime soon.

15 Apr 2022

X

Saudi Prince rejects Musk's Twitter offer; Vanguard becomes largest shareholder

Elon Musk's offer to buy 100% of Twitter for $43 billion was rejected by Saudi Arabian billionaire Prince Alwaleed bin Talal—who owns a stake in Twitter through Kingdom Holding Company.

14 Apr 2022

X

Is Twitter headed for a hostile takeover by Elon Musk?

Another day, another twist!

14 Apr 2022

Mumbai

CNG, piped gas rates hiked in Delhi, other cities

Piped natural gas (PNG) prices have been hiked in Delhi and adjoining cities for the second time this month, while compressed natural gas (CNG) has also become more expensive.

13 Apr 2022

Xiaomi

Here's why Enforcement Directorate has summoned Xiaomi's Manu Kumar Jain

The Enforcement Directorate has summoned Manu Kumar Jain, former managing director of Xiaomi India, in connection with an investigation under the Foreign Exchange Management Act, according to Reuters.

13 Apr 2022

Sensex

Sensex closes at 58,338.93 points, Nifty settles below 17,500 points

On Wednesday, major indices of the stock market ended flat with the Sensex settling at 58,338.93 points and the Nifty closing at 17,475.65 points.

12 Apr 2022

Delhi

Uber hikes Delhi-NCR fares by 12% over rising fuel prices

Cab hailing service Uber increased its fares in Delhi-NCR (National Capital Region) by 12% on Monday amid a fuel price hike.

12 Apr 2022

Cryptocurrency

CoinSwitch Kuber suspends crypto purchase and money transfer on app

Amid the regulatory uncertainties surrounding cryptocurrencies in India, CoinSwitch Kuber has temporarily disabled all modes of payments to purchase digital coins.

12 Apr 2022

Sensex

Sensex slips to 58,576.37 points, Nifty settles below 17,600 points

The markets on Tuesday, the benchmark Sensex and Nifty indices, witnessed a slump. While the Sensex slipped 388.2 points, or 0.66%, to 58,576.37 points, the Nifty shed 144.65 points, or 0.83%, to 17,530.3 points.

11 Apr 2022

Sensex

Sensex slips to 58,964.57 points, Nifty settles below 17,700

The benchmark Sensex and Nifty indices witnessed a slump on Monday, dragged by information technology (IT) stocks. While Sensex slipped 482.61 points to 58,964.57, the Nifty shed 109.4 points to 17,674.95.

11 Apr 2022

Delhi

Petrol, diesel prices remain unchanged for 5th consecutive day

The general public can breathe a sigh of relief as fuel prices in India remained unchanged for the fifth consecutive day on Monday.

11 Apr 2022

X

Elon Musk makes U-turn; will not join Twitter's board

Elon Musk, who recently disclosed a 9.2% passive stake in microblogging platform Twitter, has decided not to join its board.

10 Apr 2022

X

Reduce Twitter Blue's subscription price, ban advertising, says Elon Musk

Tesla and SpaceX founder Elon Musk, who recently disclosed a 9.2% stake in Twitter, has suggested a variety of changes to the microblogging platform's Twitter Blue premium subscription service.

08 Apr 2022

LinkedIn

BharatPe CEO Suhail Sameer apologizes for remarks on salary row

Fintech start-up BharatPe's CEO Suhail Sameer on Thursday apologized for his comments on social media, claiming the company's former chief Ashneer Grover had stolen all the money and they have very little left to pay salaries.

08 Apr 2022

Sensex

Sensex gains 412 points to close at 59,447 points

The benchmark Sensex and Nifty indices on Friday saw gains, putting an end to the 3-day losing streak. While the Sensex rose 0.69% to 59,447.18 points, the Nifty jumped 0.81% to 17,784.35 points.

08 Apr 2022

India

RBI keeps key interest rates unchanged for 11th consecutive time

The Reserve Bank of India on Friday kept the benchmark repo rate unchanged at 4% for the 11th time in a row.

07 Apr 2022

Tata

Tata Neu: India's first super app is now live

Tata Group's much-anticipated Tata Neu "super app" has gone live for all users in India.

07 Apr 2022

Flipkart

Flipkart Health+ app launched: How to order medicines

Flipkart has announced Health+ app, a new tech-based platform that offers medicines as well as healthcare products and services.

07 Apr 2022

Sensex

Sensex slips to 59,034.95 points, Nifty settles below 17,650 points

The benchmark Sensex and NIFTY indices on Thursday witnessed a slump, extending the losing streak for the third day. While the Sensex slipped 575.46 points, or 0.97%, to 59,034.95 points, the Nifty shed 178.5 points, or 1.01%, to 17,629.15 points.

06 Apr 2022

Forbes

Forbes Billionaires List 2022: Meet the richest Indian women billionaires

Savitri Jindal, chairperson of the Jindal Group, is the richest woman in India, with a net worth of $17.7 billion, according to Forbes' Billionaires List 2022.

06 Apr 2022

Sensex

Sensex losses over 500 points, Nifty barely holds 17,800 mark

On Wednesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.95% to 59,610.41 points, the Nifty fell 0.84% to 17,807.65 points.

06 Apr 2022

Dailyhunt

Dailyhunt-owner VerSe Innovation reaches $5bn valuation with latest $805mn funding

Bengaluru-based VerSe Innovation, the parent company of short-video platform Josh and news aggregator Dailyhunt, has raised $805 million at a valuation of $5 billion.

06 Apr 2022

Petrol Diesel Prices

Petrol, diesel prices hiked again; CNG gets costlier in Delhi

Fuel prices were raised again by 80 paise/liter on Wednesday, the 14th such increase in 16 days.