Business News

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09 Nov 2022

Indian Economy

India will be third-largest economy by 2027, Morgan Stanley predicts

The future of the Indian economy seems promising as the global financial services giant Morgan Stanley predicted that the country will become the world's third-largest economy by 2027.

09 Nov 2022

Meta

Mark Zuckerberg fires 11,000 Meta employees in industry's biggest layoff

Meta has joined the list of tech giants that have made significant job cuts. Mark Zuckerberg, the company's CEO, has sacked over 11,000 employees.

09 Nov 2022

Stock Market

Sensex slips 151 points, Nifty settles below 18,200 mark

The stock market closed on a flat note on Wednesday with the Sensex settling at 61,033.55 points and Nifty ending flat at 18,157 points.

09 Nov 2022

Cryptocurrency

Binance to acquire rival FTX: What led to this deal?

Binance and FTX are two of the biggest names in the crypto world. The founders of the two exchanges have been engaged in a much-publicized spat for months.

09 Nov 2022

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Solana

Bitcoin has fallen 5.7% in the last 24 hours, trading at $18,595.89. It is 9.2% down compared to last week.

08 Nov 2022

Forbes

3 Indians feature in Forbes Asia's 2022 Power Businesswomen list

International business magazine Forbes on Monday released its list of 2022's most powerful businesswomen in the Asia-Pacific region, featuring three Indians among the top 20 entrepreneurs.

08 Nov 2022

Elon Musk

Elon Musk's $56bn Tesla compensation trial to begin next week

As Elon Musk expends his time and energy on reshaping Twitter, things are getting unsettled at Tesla. A lawsuit against the billionaire's $56 billion pay package in the automaker is going to trial on November 14.

08 Nov 2022

X

#NewsBytesExplainer: Amid Elon Musk's Twitter transition, how are rivals performing?

On October 28, Elon Musk tweeted, "The bird is freed," marking the beginning of a new era for Twitter.

08 Nov 2022

Bitcoin

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Polygon, Tether

Bitcoin has lost 5.7% in the last 24 hours, trading at $19,666.04. It is down 4.0% from last week.

07 Nov 2022

Indian Economy

India's manufacturing sector to sustain growth momentum for 6-9mths: Survey

The Indian economy is set to witness steady growth as most domestic manufacturers are confident about sustaining growth momentum in the coming six-nine months despite global headwinds like supply chain issues amid the Russia-Ukraine war, a FICCI survey showed.

07 Nov 2022

Elon Musk

Meet the key people helping Elon Musk reshape Twitter

Elon Musk has been trying to give Twitter a makeover. The billionaire wants the platform to reflect its new ownership.

07 Nov 2022

Stock Market

Sensex rises to 61,185 points, Nifty crosses 18,200 mark

The stock market closed on a positive note on Monday, with the Sensex rising 0.39% to settle at 61,185.15 points and the Nifty going up 0.47% to end at 18,202.8 points.

07 Nov 2022

Bitcoin

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Polygon

Bitcoin, the world's leading cryptocurrency, has lost 1.5% in the last 24 hours, trading at $20,890.96. It is up 1.3% from last week.

07 Nov 2022

Meta

Meta is planning to fire thousands of employees this week

Large-scale layoffs could be on the horizon for Meta. The Mark Zuckerberg-led company is planning to cut thousands of jobs, The Wall Street Journal has reported.

06 Nov 2022

Cryptocurrency

Today's cryptocurrency prices: Check Ethereum, Dogecoin, Bitcoin, Tether rates

Bitcoin has shed 0.8% of its value over the last 24 hours and is now trading at $21,215.22. It is 2% higher compared to the previous week.

06 Nov 2022

X

Twitter's $8 blue tick verification rolled out for iOS users

Twitter users on iOS can now get themselves verified for $7.99 per month via the Twitter Blue subscription.

05 Nov 2022

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has climbed by 5% in the past 24 hours and is trading at $21,380.31. It is 3.8% higher than last week.

05 Nov 2022

X

Twitter losing $4M per day; workforce reduced by half

Just a week after its takeoff by billionaire Elon Musk, Twitter has fired roughly half of its 7,500-strong workforce worldwide.

04 Nov 2022

Apple

At $2.3tn, Apple surpasses combined value of Alphabet, Amazon, Meta

When the market closed on November 3, there was a clear winner among tech giants - Apple. The Cupertino-based tech giant left its rivals Alphabet, Amazon, and Meta far behind in market value.

04 Nov 2022

Amazon

Amazon pauses corporate hiring amid economic headwinds

Amazon has joined the list of companies that have been caught in the ongoing economic headwinds. As a result, the company has decided to freeze corporate hiring for a few months.

04 Nov 2022

Stock Market

Sensex gains 114 points, Nifty settles above 18,100 mark

The stock market closed on a flat note on Friday with the Sensex settling at 60,950.36 points and Nifty ending flat at 18,117.15 points.

04 Nov 2022

X

Lawsuit filed against Twitter as Elon Musk-led company begins layoffs

D-Day has finally arrived for Twitter employees. The company, now under the ownership of Elon Musk, will tell employees today whether they have a place in the company or not.

04 Nov 2022

BYJU'S

Ex-employees claim BYJU's forced them to sign pre-drafted resignation letters

BYJU'S employees who were laid off before the company's recently announced job cuts have made some serious allegations against the company.

04 Nov 2022

Bitcoin

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Polygon

Bitcoin has slipped 0.1% in the past 24 hours to trade at $20,342.19. It is 0.3% higher than the week before.

03 Nov 2022

Ajit Mohan

Ajit Mohan quits as Meta India head; may join Snap

Ajit Mohan, who was heading Meta's business in India, has quit the company with immediate effect. His exit came as a surprise to many.

03 Nov 2022

Finance

#NewsBytesExplainer: What is digital gold? Should you invest?

Festival season in India is synonymous with gold sales. The demand for the yellow metal multiplies between October-December in the world's second-largest gold consumer market.

03 Nov 2022

Stock Market

Sensex slips 70 points, Nifty settles near 18,000 mark

The stock market closed on a flat note on Thursday with the Sensex settling at 60,836.41 points and Nifty ending flat at 18,052.7 points.

03 Nov 2022

Elon Musk

Elon Musk could axe 50% of Twitter employees

At Twitter, everyone has been dreading mass layoffs ever since Elon Musk took over the company. Now, we have a better idea of how many people could be affected.

03 Nov 2022

Bitcoin

Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has shed 0.8% over the last 24 hours, trading at $20,357.96. It is 2.0% lower than the previous week.

02 Nov 2022

Elon Musk

Elon Musk's resume: A look at his entrepreneurial journey

The world's richest man, the CEO of the most valuable automaker, the founder and CEO of SpaceX, the owner and CEO of Twitter... if there is a thing called a perfect resume, this would be it.

02 Nov 2022

AirAsia India

AirAsia sells remaining stakes in Indian arm to Air India

AirAsia Aviation Group Ltd. (AAGL) has sold its remaining shares in its Indian arm AirAsia (India) to Tata's Air India.

02 Nov 2022

Stock Market

Sensex slips 215 points, Nifty settles below 18,100 mark

The stock market on Wednesday ended on a sluggish note as the Sensex settled at 60,906.09 points and the Nifty stood at 18,082.85 points.

02 Nov 2022

Apple

How an ex-Apple employee stole $17 million from the company

A former Apple employee has pleaded guilty to defrauding the tech giant of $17 million.

02 Nov 2022

Bitcoin

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, Dogecoin, Shiba Inu

Bitcoin is flat compared to yesterday and is trading at $20,524.83. Compared to last week, it is 2.1% up.

01 Nov 2022

China

Chinese billionaire realty queen resigns amid country's deepening property crisis

China is grappling with a nationwide property crisis. This has given rise to a new phenomenon where founders of builders are leaving their companies.

01 Nov 2022

Meta

Meta India removed 3.37cr 'harmful' Facebook, Instagram posts in September

In September, Meta took action against 3.37 crore Facebook and Instagram posts, according to the company's monthly transparency report.

01 Nov 2022

Stock Market

Sensex climbs to 61,121 points, Nifty ends near 18,150

The Sensex and Nifty indices on Tuesday showed an upward trend, continuing their winning streak for the fourth day. Sensex rose 0.61% to 61,121.35 points while the Nifty gained 0.73% to end at 18,145.4.

01 Nov 2022

LPG Cylinder

Commercial LPG cylinder price reduced by Rs. 115.5 in Delhi

The price of commercial liquefied petroleum gas (LPG) cylinders has been reduced by Rs. 115.5 in Delhi on Tuesday, bringing the cost of the 19kg cylinder down from Rs. 1,859.5 to Rs. 1,744.

01 Nov 2022

Elon Musk

Chief Twit to Chief Executive: Musk will be Twitter's CEO

Elon Musk has been quick to stamp his authority over Twitter after taking over the company. However, questions still remained about the social media website's next CEO.

01 Nov 2022

Bitcoin

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has dropped 0.2% in the past 24 hours to trade at $20,520.04. Compared to last week, it is 6.2% up.