Business News
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03 Aug 2023
StartupsSpinny fires over 300 employees as part of reorganization
Spinny, a used car retailing start-up, has laid off over 300 employees, about 5% of its workforce, in a cost-cutting move.
03 Aug 2023
IndiaMorgan Stanley upgrades India to 'overweight' while downgrading China
Morgan Stanley has upgraded India's shares to 'overweight' and downgraded China's to 'equal weight.'
03 Aug 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has dropped 1.82% in the past 24 hours to trade at $29,115.81. Compared to last week, it is 1.23% down.
02 Aug 2023
GSTGST Council: 28% tax on online gaming from October 1
The GST Council has decided to impose a 28% tax on the full face value of bets placed on online gaming and casinos, starting October 1.
02 Aug 2023
Sam AltmanSam Altman's Worldcoin project suspended in Kenya over privacy concerns
Kenya's Ministry of the Interior has put a halt to Worldcoin enrollment, raising concerns about its security, financial services, and data protection practices.
02 Aug 2023
Reliance RetailReliance Retail is worth $112bn; twice as RIL's O2C business
Reliance Retail, the retail subsidiary of Reliance Industries, is now valued at a whopping $112 billion, nearly double the valuation of its oil-to-chemical (O2C) division, as reported by Bernstein.
02 Aug 2023
Stock MarketSensex falls over 670 points, Nifty ends near 19,525 points
On Wednesday, the benchmark Sensex and Nifty indices witnessed a bearish run. While Sensex slipped 676.53 points, or 1.02%, to end at 65,782.78 points, the Nifty dropped 207 points, or 1.05%, to 19,526.55 points.
02 Aug 2023
FoxconnFoxconn will invest $600mn in Karnataka for iPhone components, chipmaking
Taiwanese contract manufacturing giant Foxconn plans to invest $600 million in two projects in Karnataka, India.
02 Aug 2023
FintechPayU plans India IPO, eyes $6 billion valuation
Fintech firm PayU, backed by Prosus, is gearing up for an Indian listing next year with a potential valuation of $6-6.5 billion.
02 Aug 2023
Mehul ChoksiIndia's top 50 loan defaulters: Mehul Choksi leads the pack
India's top 50 loan defaulters owe a whopping Rs. 87,295 crore to banks and financial institutions, with fugitive diamantaire Mehul Choksi's Gitanjali Gems topping the list as the biggest wilful defaulter.
02 Aug 2023
ICICI BankLoan EMIs to increase as major banks hike interest rates
ICICI Bank, Punjab National Bank (PNB), and Bank of India (BOI) have updated their marginal cost-based lending rates (MCLR) on loans.
02 Aug 2023
XX challenges Karnataka High Court ruling on blocking orders
X, previously known as Twitter, is appealing a Rs. 50 lakh penalty and dismissal of its plea by the Karnataka High Court.
02 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, BNB, Tether rates
Bitcoin has climbed 2.67% over the last 24 hours, trading at $29,677.52. It is 1.62% higher than the previous week.
01 Aug 2023
OlaVanguard slashes Ola's valuation by 52% to $3.5bn
Vanguard has slashed the value of its stake in Indian ride-hailing start-up Ola by 51.6% since its initial investment.
01 Aug 2023
Akasa AirAkasa Air gets Asia's first Boeing 737 MAX 8-200
Akasa Air has become the first Asian airline to add the Boeing 737 MAX 8-200 to its fleet, marking a significant milestone in its growth and expansion plans.
01 Aug 2023
Stock MarketDragged by heavyweight stocks, Sensex and Nifty close in red
On Tuesday, the stock market closed on a flat note with the Sensex settling at 66,459.31 points and Nifty ending at 19,733.55 points, both down 0.1%.
01 Aug 2023
Enforcement Directorate (ED)ED raid: Hero Motocorp's stock off 2-year high
The Enforcement Directorate (ED) on Tuesday raided the premises of Hero Motocorp's Executive Chairman Pawan Munjal and some others in connection with a money laundering case, reported PTI, quoting officials.
01 Aug 2023
Enforcement Directorate (ED)ED raids Hero Motocorp's Pawan Munjal's homes in Delhi, Gurugram
The Enforcement Directorate (ED) has raided the homes of Hero Motocorp's Executive Chairman Pawan Munjal as part of an investigation into money laundering.
01 Aug 2023
Bhavish AggarwalBhavish Aggarwal establishes AI start-up to develop large language model
Bhavish Aggarwal, the Indian entrepreneur behind ride-hailing giant Ola and electric vehicle start-up Ola Electric, is diving into the world of artificial intelligence (AI) with a new venture.
01 Aug 2023
Ashneer GroverAshneer Grover files petition against government over income tax notice
Ashneer Grover, former BharatPe managing director, has filed a writ petition in the Delhi High Court to challenge an income tax notice under Section 8 of the Black Money Act.
01 Aug 2023
LPG CylinderCommercial LPG cylinder price reduced by Rs. 100
Oil marketing companies have cut the price of commercial liquefied petroleum gas (LPG) cylinders by up to Rs. 100, reported News18.
31 Jul 2023
StartupsFunding winter persists: Indian start-ups suffer in 2023's first half
The funding winter that arrived last year in India is still here. It has only become worse over the past few months.
31 Jul 2023
State Bank of India (SBI)Here's how much Rajnish Kumar earned as SBI chairman
Former State Bank Of India (SBI) Chairman Rajnish Kumar has revealed what his annual income was at the bank, which is definitely raising some eyebrows.
31 Jul 2023
Stock MarketSensex soars 367 points, Nifty settles above 19,750
On Monday, the benchmark Sensex and Nifty indices saw gains.
31 Jul 2023
HCLHere's how much Indian IT CEOs earned in FY23
Chief executive officers (CEOs) of Indian IT giants have always been paid handsomely.
31 Jul 2023
Income Tax ReturnWhat happens if you miss Income Tax Return deadline
The deadline to file your Income Tax Returns (ITR) for 2023 is today, July 31.
31 Jul 2023
FlipkartWalmart buys Tiger Global's stake in Flipkart for $1.4 billion
Walmart has acquired Tiger Global's $1.4 billion stake in Indian e-commerce firm Flipkart.
31 Jul 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, XRP
Bitcoin has climbed 0.23% over the last 24 hours, trading at $29,399.68. It is 1.27% lower than the previous week.
30 Jul 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has dropped by 0.21% in the last 24 hours and is currently trading at $29,328.91. It has tumbled 1.90% from last week.
29 Jul 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, Tether
Bitcoin has climbed 0.46% over the last 24 hours and is currently trading at $29,385.30. It is 1.67% lower than the previous week.
28 Jul 2023
Times InternetTimes Internet's Abound offers personalized service to Indian expats
It is hard not to find Indians in any corner of the world. Over the years, the Indian diaspora has expanded considerably.
28 Jul 2023
Stock MarketSensex goes down 106 points, Nifty settles below 19,650
On Friday, major indices of the stock market ended flat.
28 Jul 2023
AppleApple CEO Tim Cook denied Apple credit card, here's why
Tim Cook, the big boss of Apple, decided to test out the brand-new Apple Card before it hit the market in August 2019.
28 Jul 2023
FoodYou can get free Subway sandwiches for life. Here's how
Subway is introducing an enticing new offer where customers have a chance to receive a lifetime supply of free sandwiches.
28 Jul 2023
InsuranceLIC launches 'Jeevan Kiran' plan: All you need to know
On Thursday, the Life Insurance Corporation of India (LIC) unveiled "Jeevan Kiran," a new life insurance plan that combines life cover with a return of premium.
28 Jul 2023
Artificial Intelligence and Machine LearningCadbury Celebrations makes birthdays special with AI: How it works
Cadbury Celebrations' new campaign is redefining how birthdays are meant to be celebrated. It is doing this by targeting one of the most significant parts of birthdays - the birthday song.
28 Jul 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 0.82% in the last 24 hours and is currently trading at $29,243.99. It is down by 2.11% from last week.
27 Jul 2023
Stock MarketSensex tumbles to 66,404 points, Nifty ends below 19,660
The benchmark Sensex and Nifty indices witnessed an overall bearish run. The Sensex plunged by 0.46% to 66,404.36 points, while the Nifty fell 0.6% to 19,659.9 points.
27 Jul 2023
XTwitter becomes 'X' on Android as rebranding takes shape
Twitter's change to X was sudden. The platform now has a new name and logo.
27 Jul 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Tether, Ethereum, Dogecoin rates
Bitcoin has gone up by 0.69% in the past 24 hours to trade at $29,460.51. Compared to last week, it is 2.29% down.
