Business News
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31 Jan 2023
International Monetary FundAmid global slowdown predictions, IMF calls India 'bright spot'
India is likely to see some economic slowdown in the fiscal year 2023, the International Monetary Fund (IMF) said in its January update of the World Economic Outlook released on Tuesday.
30 Jan 2023
Manu JainManu Kumar Jain quits Xiaomi after 9 years
Manu Kumar Jain has resigned from the Xiaomi Group after serving for nine years in various top positions at the Chinese tech giant. He announced his exit today via a Twitter post titled Change is the only constant in life.
30 Jan 2023
GoogleFired after rejecting sexual advances of female executive: Ex-Google employee
Google has been caught in a sexual harassment allegation by a former employee. Ryan Olohan, 48, has alleged in a lawsuit that he was fired by the tech giant after rejecting a top female executive's advances at a company dinner.
30 Jan 2023
Life Insurance Corporation of IndiaHindenburg report under evaluation, Adani Group would be questioned: LIC
Life Insurance Corporation (LIC) on Monday said that the Adani Group's response to the US-based short-seller Hindenburg Research's criticism was under evaluation and the group's management would be questioned soon, Reuters reported.
30 Jan 2023
MetaMark Zuckerberg unhappy with Meta's organizational structure; more layoffs possible
Last year, Meta laid off over 11,000 employees or 13% of its workforce. It seems that the company is not done axing staffers.
30 Jan 2023
Stock MarketSensex jumps 169 points, Nifty settles around 17,650 mark
The stock market on Monday ended flat but in green as the Sensex settled at 59,500.41 points and the Nifty stood at 17,648.95 points.
30 Jan 2023
Health & WellnessPhilips announces more jobs cuts; 6,000 employees to be fired
Dutch health technology company Philips has announced that it plans to lay off 6,000 more employees. The company has been battling losses following the recall of its faulty sleep apnea treatment devices.
30 Jan 2023
CryptocurrencyCryptocurrency prices: Today's rates of Bitcoin, Ethereum, Shiba Inu, Tether
Bitcoin has climbed 2.2% over the last 24 hours, trading at $23,741.74. It is 4.4% higher than the previous week.
30 Jan 2023
Adani GroupHindenburg to Adani: Fraud cannot be obfuscated by nationalism
The back and forth between Hindenburg Research and Adani Group continues. Hours after the Indian conglomerate released a detailed rebuttal against allegations of stock manipulation and accounting fraud by Hindenburg, the US-based short seller responded by saying, "fraud is fraud."
29 Jan 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Tether, Ethereum
Bitcoin has climbed by 0.5% over the last 24 hours and is now trading at $23,220.99. It is 2.0% higher than the previous week.
28 Jan 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has shed 0.1% over the last 24 hours and is now trading at $22,988.84. It is 1.2% higher than the previous week.
28 Jan 2023
BharatPeBharatPe paid founder Ashneer Grover Rs. 1.7 crore in FY22
The pay packages of BharatPe's top brass in FY22 are now out.
27 Jan 2023
GoogleHow did 'Xooglers' react to Google's decision to cut jobs
The layoff drive in the technology industry has refused to spare anyone. Earlier this month, Google joined the ranks of tech companies that fired their staffers in a bid to cut costs.
27 Jan 2023
Adani GroupSEBI increases scrutiny of Adani Group's deals after Hindenburg report
Hindenburg Research's report on Adani Group hasn't gone unnoticed in India. The Securities and Exchange Board of India (SEBI) might use the report for its own investigation into the conglomerate's offshore fund holdings, as per Reuters.
27 Jan 2023
Reliance JioReliance Jio introduces 5G services in all North-Eastern states
Reliance Jio has launched its 'True 5G' service across six states of India's North-Eastern region.
27 Jan 2023
Stock MarketSensex plunges 874 points, Nifty barely holds 17,600 mark
On Friday, the stock market remained deep in the red as the Sensex slipped 874.16 points, or 1.47%, to 59,330.9 points, while the Nifty dropped 287.6 points, or 1.63%, to 17,604.35 points.
27 Jan 2023
Stock MarketSensex, Nifty crash as Adani Group stocks hit lower circuit
Sensex has slipped 1,023.24 points to 59,181.82 while Nifty is down 336.25 points to 17,555.7, triggered by a massive sell-off of Adani Group stocks, which have hit lower circuit amid accusations of market manipulation by Hindenburg Research.
27 Jan 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, BNB
Bitcoin has lost 1.4% in the last 24 hours and is trading at $22,859.05. It is 8.4% up compared to last week.
26 Jan 2023
GermanySoftware giant SAP to cut 3,000 jobs amid profit slump
German software giant SAP has joined the ranks of tech companies to lay off employees this year. The firm announced that it plans to axe 3,000 staffers or about 2.5% of its global workforce.
26 Jan 2023
Adani GroupAdani Group mulling legal action against Hindenburg over 'malicious' accusations
Adani Group, led by Asia's richest man Gautam Adani, is exploring legal action against Hindenburg Research after the US-based short-seller accused the conglomerate of stock manipulation and accounting fraud.
26 Jan 2023
IBMIBM confirms mass layoffs; 3,900 employees to lose their jobs
International Business Machines Corp. (IBM) has joined the list of tech giants to lay off employees in the last few months. The company announced that it will fire 3,900 staffers or 1.5% of its global workforce.
26 Jan 2023
CryptocurrencyCryptocurrency prices: Today's rates of Bitcoin, Ethereum, Solana, Shiba Inu
Bitcoin has climbed 2.2% in the past 24 hours, trading at $23,189.67. It is 11.9% higher than last week.
25 Jan 2023
GoogleTwo ShareChat founders step down soon after layoffs: Here's why
A week after it laid off 20% of its workforce, Google and Twitter-backed ShareChat has made the headlines again. Farid Ahsan and Bhanu Pratap Singh, two of the company's co-founders, have stepped down from active roles.
25 Jan 2023
United States of AmericaUS government sues Google over alleged digital advertising monopoly
The United States Department of Justice (DOJ) and eight states have filed an antitrust lawsuit against Google, accusing the company of monopolizing the digital advertisement market.
25 Jan 2023
Stock MarketSensex slips to 60,205 points, Nifty settles at 17,891
On Wednesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 1.29% to 60,205.06 points, the Nifty fell 1.27% to 17,891.95 points.
25 Jan 2023
MicrosoftMicrosoft's profit declines by 12% in Q4 amid economic uncertainties
Microsoft has announced its earnings report for the final three months of 2022. The tech giant recorded its lowest growth in revenue since 2016, while profit dropped by double digits.
25 Jan 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Solana
Bitcoin has shed 1.9% over the last 24 hours, trading at $22,621.23. It is 6.9% higher than the previous week.
24 Jan 2023
JioJio 5G services launched in 50 new cities: Check list
Reliance Jio has launched its 5G services in 50 more cities across 17 states and union territories, bringing the total count to 184 cities across India.
24 Jan 2023
Stock MarketSensex closes at 60,978 points, Nifty settles at 18,118 points
On Tuesday, major indices of the stock market ended flat with the Sensex settling at 60,978.75 points and the Nifty closing at 18,118.3 points.
24 Jan 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Dogecoin, Ethereum, BNB
Bitcoin has climbed by 1.3% in the past 24 hours and is trading at $23,051.34. It is 8.9% higher than last week.
24 Jan 2023
MicrosoftMicrosoft extends partnership with OpenAI in a multibillion dollar investment
Microsoft has decided to extend its partnership with ChatGPT owner OpenAI via a "multiyear multibillion dollar investment."
24 Jan 2023
Personal FinanceMutual Funds: Five reasons to start investing early via SIP
The earlier you start investing, the higher your chances of achieving higher returns.
23 Jan 2023
SpotifySpotify fires 6% of the workforce amid organizational changes
Spotify has announced that it is reducing its employee base by about 6% across the company as the music-streaming giant looks to cut down on expenses amid recessionary fears.
23 Jan 2023
ZomatoZomato CEO posts 800+ vacancies: 24x7 job, no work-life balance
Zomato founder and CEO Deepinder Goyal took to LinkedIn to announce a shedload of job vacancies across five roles at the company.
23 Jan 2023
AmazonAmazon Air cargo fleet, for faster deliveries, launched in India
In an attempt to hasten deliveries, e-commerce giant Amazon has launched a dedicated air cargo fleet in India, called Amazon Air.
23 Jan 2023
Stock MarketSensex rises by 320 points, Nifty settles above 18,100 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.52% to 60,941.67 points, while the Nifty climbed 0.5% to 18,118.55 points.
23 Jan 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Dogecoin, Tether, Bitcoin, Solana
Bitcoin has lost 0.6% in the last 24 hours and is now trading at $22,762.22. It is 9.2% up compared to last week.
22 Jan 2023
IndiaWipro fires 452 freshers citing poor performance in internal assessment
India's leading IT firm Wipro has fired over 450 new employees citing poor performance amid unabated layoffs in the corporate and IT sectors.
22 Jan 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has climbed by 1.2% in the past 24 hours and is now trading at $22,885.74. It is 8.9% higher than last week.
21 Jan 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed by 7.8% in the past 24 hours to now trade at $22,600.01. Compared to last week, it is 13.3% up.
