Business News
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26 May 2023
NVIDIANVIDIA nears $1 trillion valuation: What factors led to this
The AI boom has got companies worldwide trying to make their own mark with the new technology. Some companies have stood out with their AI efforts, including Microsoft and OpenAI.
26 May 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has increased by 0.72% in the past 24 hours to currently trade at $26,414.63. It is 1.7% down compared to last week.
25 May 2023
AmazonAmazon defers joining dates of IIT, NIT graduates: Here's why
The tech sector has been anything but stable over the past few months. While job cuts have been a common theme, there were many cases of companies keeping new recruits in limbo.
25 May 2023
Bharat Sanchar Nigam LimitedBSNL is re-emerging from shadows: How is telco reviving itself
There was a time when state-owned Bharat Sanchar Nigam Limited (BSNL) was synonymous with India's telecom sector. But things went downhill after private players took over the market.
25 May 2023
SensexSensex climbs to 61,872 points, Nifty settles above 18,320 mark
On Thursday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.16% to 61,872.62 points while the Nifty gained 0.2% to end at 18,321.15 points.
25 May 2023
GermanyGermany enters recession after a second consecutive GDP contraction
Germany, the biggest economy in Europe, shrunk in the first quarter of 2023 compared to the previous three months. The gross domestic product (GDP) fell 0.3%, thereby marking the country's entry into recession.
25 May 2023
WiproWipro Chairman Rishad Premji takes 50% compensation cut this year
Rishad Premji, the executive chairman of Wipro Limited, will receive a compensation of $951,353 for the financial year ending March 2023, almost 50% less than what he received in the last fiscal year. The information was disclosed in Form 20-F, which the company filed with the United States (US) Securities and Exchange Commission.
25 May 2023
GoogleSnowflake acquires Google-challenger Neeva to improve its generative AI credentials
Rumors have been circulating for some time now about the potential acquisition of Neeva by Snowflake, a cloud-based data platform.
25 May 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Tether, Dogecoin
Bitcoin has slipped 2.19% over the last 24 hours and is currently trading at $26,220.56. It is 3.91% lower than the previous week.
24 May 2023
Stock MarketSensex slips to 61,773 points, Nifty settles below 18,300
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged by 0.34% to end at 61,773.78 points, while the Nifty fell by 0.34% to settle at 18,285.4 points.
24 May 2023
Bernard ArnaultWorld's richest man lost $11bn in one day: Here's why
Bernard Arnault, the 74-year-old chairman, and CEO of LVMH, is the first European to climb to the top of the world's richest list.
24 May 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Dogecoin, Tether, Ethereum
Bitcoin has slipped 2.45% in the past 24 hours to trade at $26,739.83. It is 1.02% lower than the week before.
24 May 2023
TeslaTesla is 'absolutely' interested in India, says CEO Elon Musk
EV maker Tesla has had an uneasy relationship with the Indian government over the years. Lately, however, there have been signs of changing dynamics between the two.
23 May 2023
The Walt Disney CompanyDisney's third round of layoffs: Over 2,500 to be affected
A third wave of layoffs has hit The Walt Disney Company. This time, over 2,500 employees across the board are expected to receive the pink slip.
23 May 2023
Stock MarketSensex closes at 61,981 points, Nifty settles below 18,350
On Tuesday, major indices of the stock market ended flat with the Sensex settling at 61,981.79 points and the Nifty closing at 18,348 points.
23 May 2023
Google Pay (Gpay)Google Pay launches RuPay credit card-based UPI to rival PhonePe
PhonePe and Google Pay are the two dominant forces in India's UPI space. While the former has been making moves to enhance its superiority, Google has been awfully quiet over the past few months.
23 May 2023
Jeff BezosWho is Lauren Sanchez, award-winning journalist and Jeff Bezos's fiancée
The news of Amazon founder Jeff Bezos getting engaged to broadcast journalist Lauren Sanchez recently made headlines, with reports from Page Six confirming the news.
23 May 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has risen by 2.58% over the last 24 hours to trade at $27,389.45. It is up by 0.98% from the previous week.
23 May 2023
Jeff BezosJeff Bezos-Lauren Sanchez engaged? Sanchez's 20-carat diamond ring raises speculations
Amazon founder Jeff Bezos and his girlfriend Lauren Sanchez, a renowned broadcast journalist, are now engaged, an insider close to the couple revealed to Page Six.
23 May 2023
JioMartReliance axes over 1,000 JioMart employees; more layoffs to follow
JioMart, the online wholesale arm of Reliance Industries, has fired over 1,000 employees. The move is part of the company's plan to consolidate JioMart's B2B business.
22 May 2023
Reserve Bank Of India (RBI)Rs. 2,000 note withdrawal: Debunking all myths, revealing facts
The Reserve Bank of India (RBI) recently announced the withdrawal of Rs. 2,000 currency notes, leading to a wave of confusion and misconceptions.
22 May 2023
Stock MarketSensex climbs 234 points, Nifty settles above 18,300 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.38% to 61,963.68 points while the Nifty climbed 0.61% to 18,314.4 points.
22 May 2023
Bill GatesJeffrey Epstein allegedly blackmailed Bill Gates over extramarital affair
Jeffrey Epstein, the infamous American financier who was a convicted sex offender, was known for his connection to an array of rich and powerful men.
22 May 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Tether, BNB
Bitcoin has lost 1.70% in the last 24 hours, trading at $26,703.41. It is 1.96% down compared to last week.
21 May 2023
State Bank of India (SBI)No forms, documents needed to exchange Rs. 2,000 notes: SBI
The State Bank of India (SBI) has informed its branches that no form or identity proof documents are required to exchange Rs. 2,000 notes, which the Reserve Bank of India (RBI) withdrew from circulation on Friday.
21 May 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed by 0.95% in the past 24 hours to trade at $27,128.84. Compared to last week, it is 1.03% up.
20 May 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed by 0.10% in the past 24 hours and is now trading at $26,872.20. It is 0.05% higher than last week.
19 May 2023
Adani GroupFindings of Supreme Court-appointed panel on Adani-Hindenburg issue, explained
Adani Group has been under regulatory and judicial scrutiny after the US-based short-seller Hindenburg Research accused the conglomerate of accounting fraud and stock manipulation.
19 May 2023
Stock MarketSensex gains nearly 300 points, Nifty settles above 18,200 mark
On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.48% to 61,729.68 points while the Nifty climbed 0.4% to 18,203.4 points.
19 May 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Ethereum, Solana
Bitcoin has slipped down by 1.69% in the past 24 hours to trade at $26,852.22. It is 0.76% higher than the week before.
18 May 2023
MonacoHow much money you need to be among wealthiest 1%
We all have heard about the richest 1% in the world. The super-rich that grabbed nearly two-thirds of all wealth created in the world since 2020.
18 May 2023
SwiggyIn race to deliver profits, here's how Swiggy beat Zomato
Food and grocery delivery platform Swiggy has been on a profitability quest for a while. The company has finally found something to rejoice in.
18 May 2023
SensexSensex slips nearly 130 points, Nifty settles below 18,150 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.21% to 61,431.74 points, while the Nifty fell 0.29% to 18,129.95 points.
18 May 2023
Indian GovernmentInternational credit card spending attracts 20% TCS: What it means
Using credit cards on overseas holidays or business trips is about to become more expensive. Do you know why?
18 May 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Tether, BNB
Bitcoin has risen 0.84% over the last 24 hours to trade at $27,309.10. It is down 0.73% from last week.
17 May 2023
LondonHinduja Group Chairman SP Hinduja dies at 87 in London
Srichand Parmanand Hinduja, the chairman of the multinational conglomerate Hinduja Group, reportedly passed away in London on Wednesday. He was 87.
17 May 2023
Narendra ModiWhat is India's new $2bn-worth PLI scheme for IT hardware
The Indian government has finally heard the pleas of the IT industry. On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved the production-linked incentive (PLI) scheme 2.0 for IT hardware.
17 May 2023
IndiaIndia to become world's fastest-growing economy in 2024: UN
India's economic growth is expected to be the fastest in the world in 2024 amid economic challenges faced by other South Asian nations, a new report by United Nations (UN) said.
17 May 2023
SensexSensex slips 370 points to 61,560, Nifty settles at 18,181
On Wednesday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 371.83 points, or 0.6%, to 61,560.64 points, the Nifty shed 104.75 points, or 0.58%, to 18,181.75 points.
17 May 2023
Life Insurance Corporation of IndiaWhy LIC share continues to struggle a year after IPO
One year ago today, Life Insurance Corporation of India (LIC), India's largest insurer, made its debut on the stock exchanges. It was touted as a big-bang listing that would change India's equity market.
