Business News

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14 Mar 2023

Cryptocurrency

Cryptocurrency prices: Today's rates of Bitcoin, Ethereum, Shiba Inu, Polygon

Bitcoin has surged 8.88% in the past 24 hours to trade at $24,440.92. It is 8.73% up compared to last week.

Bank Run: The problem that triggered Silicon Valley Bank collapse

Last week, the US government shut down Silicon Valley Bank as it failed to raise funds for functioning.

13 Mar 2023

Pfizer

Pfizer acquires Seagen for $43 billion to improve cancer treatments

Pfizer has acquired Seagen, a Washington-based biotechnology company, for approximately $43 billion, in an attempt to expand its reach in cancer treatment. The pharmaceutical company is reported to have paid $229 per share.

13 Mar 2023

USA

First Republic Bank falls record 65% during market opening

Amid mounting liquidity fears, US-based First Republic Bank (FRC) crashed by a record 65% at the time of market opening. The stock was listed at $28.50, which is $53.26 down since yesterday's close.

13 Mar 2023

Stock Market

Sensex crashes nearly 900 points, Nifty barely holds 17,150 mark

The stock market ended on a bearish note on Monday with the Sensex crashing by 1.52% to 58,237.85 points and the Nifty plummeting by 1.49% to end at 17,154.3 points.

After SVB fallout, New York-based Signature Bank collapses

The fallout from the implosion of Silicon Valley Bank (SVB) in the US is spreading to other areas.

13 Mar 2023

Bitcoin

Cryptocurrency prices today: Bitcoin, Ethereum rise 8% amid SVB collapse

Bitcoin has risen 8.5% over the last 24 hours to trade at $22,468.77. It is up 0.50% from last week.

Silicon Valley Bank depositors can access money from today

The collapse of Silicon Valley Bank has rocked the US banking system.

12 Mar 2023

India

$100B Indo-Australia trade deal negotiations likely to conclude by December

India and Australia are eyeing to conclude negotiations for their $100 billion-worth comprehensive bilateral trade agreement by December, Economic Times reported.

12 Mar 2023

Vodafone Idea

These Vi postpaid plans offer multiple connections on single bill

Vodafone Idea (Vi) offers a range of postpaid plans in India.

12 Mar 2023

Cryptocurrency

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

Bitcoin has shed 0.98% of its value over the last 24 hours and is now trading at $20,587.75. It is 8.22% lower than the previous week.

11 Mar 2023

Vodafone Idea

Vi's single-subscriber postpaid plans in India: Check price and benefits

Vodafone Idea (Vi) currently offers five single-subscriber postpaid plans in India.

11 Mar 2023

Cryptocurrency

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

Bitcoin has gone up by 2.75% in the past 24 hours to trade at $20,575.92. Compared to last week, it is 7.88% down.

11 Mar 2023

Startups

Silicon Valley Bank collapses leaving start-up ecosystem in chaos

The start-up ecosystem has to brace for some tough times ahead.

10 Mar 2023

Reliance Jio

Jio postpaid plus plans in India: Check benefits, OTT perks

Reliance Jio offers a bunch of prepaid and postpaid plans in India. If you are a prepaid user, you must be dealing with the recharging process now and then, which can get cumbersome.

10 Mar 2023

Stock Market

Sensex plunges 671 points, Nifty settles just above 17,400 mark

The benchmark Sensex and Nifty indices witnessed a slump on Friday. While the Sensex slipped 671.15 points, or 1.13%, to 59,135.13 points, the Nifty shed 176.7 points, or 1.01%, to 17,412.9 points.

10 Mar 2023

India

February fuel demand in India highest since 1998

India's fuel demand hit its highest level in February since 1998, with industrial activity boosted by cheap Russian oil, the data compiled by the Indian Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) showed, according to Reuters.

10 Mar 2023

Startups

What does Silicon Valley Bank's fall mean to start-up ecosystem

An attempt to raise capital gone terribly wrong - that is the simplest way to put Silicon Valley Bank's (SVB) current situation.

10 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Bitcoin and Ethereum crash nearly 8%

Bitcoin has lost 7.94% in the last 24 hours, trading at $20,021.69. It is 10.48% down compared to last week.

09 Mar 2023

Reliance Industries

Reliance relaunches Campa in India: Is this its next disruptor

Reliance is known for being a market disruptor. The company first disrupted the telecom sector with Jio.

09 Mar 2023

Adani Group

Why has NSE put three Adani Stocks under surveillance

Adani Group stocks have been on a recovery path after the fiasco that followed the Hindenburg Research report. Things were looking up for the conglomerate.

09 Mar 2023

Stock Market

Sensex falls 542 points, Nifty ends below 17,600 mark

On Thursday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.91% to 59,806.28 points, the Nifty fell 0.94% to 17,589.6 points.

09 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Check Bitcoin, Ethereum, Shiba Inu, BNB rates

Bitcoin has dropped 1.74% in the past 24 hours to trade at $21,758.56. Compared to last week, it is 7.60% down.

09 Mar 2023

Cryptocurrency

Silvergate Bank bites the dust; enters voluntary liquidation

Silvergate Bank finally bit the dust. The crypto-friendly bank, which has been struggling after the FTX scandal, is being shut down.

08 Mar 2023

Reliance Jio

Jio 5G launched in 27 cities, count reaches 331

Reliance Jio has rolled out its 5G services in 27 more cities including Pollachi, Bhatapara, Zahirabad, Ramnagar, and Bankura. With the latest rollout, the telco's 5G services are available in 331 cities across the country.

08 Mar 2023

Cryptocurrency

Government imposes anti-money laundering provisions on cryptocurrency, virtual assets

In the latest blow to the cryptocurrency sector in the country, the Indian government has imposed money laundering provisions on the industry.

08 Mar 2023

Stock Market

Sensex climbs 123 points, Nifty settles above 17,750 mark

On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.2% to 60,348.09 points, while the Nifty gained 0.24% to end at 17,754.4 points.

08 Mar 2023

Elon Musk

Elon Musk mocks sacked Twitter employee with disability, then apologizes

Elon Musk spent most of Monday and Tuesday engaged in a war of words with a former Twitter employee. Haraldur Thorleifsson, who was until recently an employee at Twitter, had a surreal exchange with the CEO.

08 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Rates of Bitcoin, Ethereum, Polygon, Shiba Inu

Bitcoin has dropped 1.86% in the past 24 hours to trade at $22,056.48. Compared to last week, it is 6.93% down.

NCLT gives nod to Suraksha Group to buy Jaypee Infratech 

The National Company Law Tribunal (NCLT) has approved Mumbai-based Suraksha Group's bid to buy Jaypee Infratech Limited (JIL) six years after it entered the insolvency process in 2017, PTI reported.

07 Mar 2023

Reliance Retail

Everything to know about Tira, Reliance's rival to Nykaa

Reliance Retail's beauty e-commerce platform Tira will be available to customers in the coming weeks. Tira's presence won't be limited to the online space.

07 Mar 2023

Bharti Airtel

Airtel prepaid plans in India with assured OTT perks

Bharti Airtel is one of the top telecom operators in India, with some of the best-in-segment prepaid plans.

07 Mar 2023

EdTech

Edtech meltdown: How BYJU'S, upGrad, others are struggling in 2023

Edtech major upGrad has fired 30% of the workforce at its subsidiary 'Campus.' This marks the second time an upGrad-owned company has laid off employees this year.

07 Mar 2023

Cryptocurrency

Cryptocurrency prices: Check rates of Bitcoin, Ethereum, Shiba Inu, Polygon

Bitcoin has risen 0.55% over the last 24 hours to trade at $22,477.04. It is down 4.10% from last week.

07 Mar 2023

Meta

Meta to fire more employees to achieve financial targets

Facebook-parent Meta is not done firing employees. The company plans to cut more jobs as soon as this week, Bloomberg reported.

06 Mar 2023

Bharti Airtel

Airtel 5G launched in 125 new cities: Check coverage

Bharti Airtel has launched its 5G services in 125 new cities across India. With the latest rollout, the telco's 5G network is now available in more than 265 cities in the country.

06 Mar 2023

Stock Market

Sensex climbs 415 points, Nifty settles above 17,700 mark

On Monday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.69% to 60,224.46 points, while the Nifty gained 0.66% to end at 17,711.45 points.

06 Mar 2023

Zoom

Zoom fired its president Greg Tomb before completing a year

Popular video conferencing platform Zoom fired about 15% of its workforce a month ago. The company has now axed its president Greg Tomb.

06 Mar 2023

Bitcoin

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

Bitcoin has dropped 0.25% in the past 24 hours to trade at $22,360.96. Compared to last week, it is 4.70% down.

06 Mar 2023

Bill Gates

Bill-Melinda Gates welcome their grandchild; family shares news on Instagram

Jennifer Gates, the eldest daughter of Bill Gates and Melinda Gates, has given birth to her first child with husband Nayel Nassar.