Business News
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14 May 2024
TeslaTesla rehiring certain Supercharger team members after unexpected dissolution
Tesla has initiated the process of rehiring some of the nearly 500 workers of its Supercharging team, who were let go last month by CEO Elon Musk.
14 May 2024
PVR InoxPVR Inox records ₹130cr loss in Q4 amid Bollywood's underperformance
India's premier multiplex chain, PVR Inox, disclosed a net loss of ₹130 crore for the March quarter.
14 May 2024
CognizantCognizant issues termination threat to employees defying return-to-office directive
Cognizant, a leading IT firm listed on NASDAQ, has reportedly issued a severe warning to its employees.
14 May 2024
Stock MarketSensex climbs to 73,104 points, Nifty settles near 22,220 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
14 May 2024
AmazonAmazon warehouse workers in Quebec form first Canadian union
In a historic move, Amazon employees at the DXT4 warehouse in Laval, Quebec have successfully formed the first union at any of the firm's Canadian warehouses.
14 May 2024
AirbusIndiGo to purchase 100 small aircraft to boost regional connectivity
India's leading airline, IndiGo, is reportedly negotiating with three aircraft manufacturers - ATR, Embraer, and Airbus - for the acquisition of at least 100 smaller planes.
14 May 2024
TeslaTesla settles with ex-employee allegedly fired for reporting sexual misconduct
Tesla has successfully settled a lawsuit filed by Tyonna Turner, a former factory employee.
14 May 2024
Amazon Prime VideoTata Play collaborates with Amazon Prime for enhanced OTT offerings
Tata Play, a prominent direct-to-home (DTH) company in India, has partnered with Amazon Prime to enhance its services for Tata Play DTH and Tata Play Binge subscribers.
14 May 2024
Stock MarketGameStop shares soar 74% after Keith Gill's social media return
GameStop shares soared 74%, following the return of Keith Gill, also called "Roaring Kitty," to social media.
14 May 2024
StartupsCruise founder launches robotics start-up, raises $150 million
Kyle Vogt, the ex-founder and CEO of self-driving car firm Cruise, has launched a new robotics start-up named the Bot Company.
14 May 2024
Bill & Melinda Gates FoundationMelinda Gates announces departure from Bill & Melinda Gates Foundation
Melinda French Gates, co-chair of the Bill & Melinda Gates Foundation, has announced her departure from the organization.
14 May 2024
SonySony announces co-CEOs for PlayStation post Jim Ryan's retirement
Sony has announced the appointment of Hermen Hulst and Hideaki Nishino as co-CEOs to steer its PlayStation business. This will be effective from June 1.
14 May 2024
BitcoinCryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has climbed 2.56% in the past 24 hours, trading at $62,461.84. It is 1.53% lower than last week.
14 May 2024
WalmartWalmart lays off hundreds of employees in shift toward automation
Walmart, the world's largest retailer and America's biggest private employer, is reportedly laying off hundreds of corporate jobs.
13 May 2024
Hero MotoCorpHero MotoCorp embraces ONDC network to sell auto parts, accessories
Hero MotoCorp has announced a partnership with the Open Network for Digital Commerce (ONDC).
13 May 2024
Stock MarketSensex climbs to 72,776 points, Nifty settles above 22,100 mark
On Monday, the benchmark Sensex and Nifty indices showed an upward trend.
13 May 2024
BlinkitZomato reports Q4 profit of ₹175 crore, revenue grows 73%
Zomato, a leading food delivery platform, has announced a consolidated net profit of ₹175 crore for the quarter ending March 31, 2024.
13 May 2024
FlipkartFlipkart plans to shift domicile from Singapore to India
E-commerce titan, Flipkart, is reportedly considering a shift of its domicile or holding company from Singapore to India.
13 May 2024
Bharti AirtelAirtel, Google Cloud forge partnership for cloud adoption, AI deployment
Bharti Airtel has announced a long-term strategic alliance with Google Cloud.
13 May 2024
SensexSensex, Nifty tumble again: What's dragging stock market down?
The Indian benchmark equity indices, BSE Sensex and Nifty 50, experienced significant losses on Monday.
13 May 2024
AppleApple store workers in US approve potential strike: Here's why
Unionized employees at an Apple store in Towson, Maryland, US have given the green light for a potential strike.
13 May 2024
ZomatoZomato achieves biggest ever order volume on Mother's Day
Zomato reported an unprecedented volume of orders on Mother's Day, surpassing even the numbers seen on New Year's Eve, as stated by CEO Deepinder Goyal.
13 May 2024
IntelN Chandrasekaran to lead Tata Electronics's $14 billion semiconductor venture
N Chandrasekaran, the chairman of Tata Sons, is set to expand his responsibilities by taking on the role of chairman at Tata Electronics.
13 May 2024
SoftBank GroupSoftBank's shares surge amid Arm Holdings's AI chip plans
SoftBank Group's stock experienced a 1.89% increase, reaching 8,026 yen ahead of its earnings report.
13 May 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has lost 0.13% in the last 24 hours, trading at $60,928.83. It is 4.83% down compared to last week.
13 May 2024
Jaguar Land RoverTata Motors shares crash nearly 9% despite stellar Q4 results
Tata Motors saw its shares plummet by nearly 9% to ₹853.30 in early trading.
13 May 2024
AmazonMicrosoft commits €4B to develop AI data centers in France
Microsoft and Amazon, two leading US tech companies, have committed to investing billions in France's technology infrastructure.
12 May 2024
ZomatoZomato subsidiaries' auditor resigns, clearing path for Deloitte
Zomato, the popular food delivery platform, has announced that Batliboi & Associates, the auditor of its subsidiaries Zomato Hyperpure and Blink Commerce, has resigned effective immediately.
12 May 2024
InfluencersIndia's influencer marketing industry to hit ₹34 billion by 2026
India's influencer marketing industry is projected to surge from ₹19 billion in 2023 to a staggering ₹34 billion by 2026, as per a recent FICCI EY report.
12 May 2024
Foreign InvestmentForeign investors withdraw ₹17,000 crore from Indian equities: Here's why
Foreign investors have pulled out a substantial ₹17,000 crore from Indian equities in the first ten days of May.
12 May 2024
IndiaGold ETFs witness first outflow of ₹396cr since March 2023
Gold exchange traded funds (ETFs) recorded a net outflow of ₹396 crore from India in April, marking the first withdrawal since March 2023.
12 May 2024
Adani GroupAdani Enterprises announces ₹80,000 crore investment plan for FY25
Adani Enterprises, the principal company of the Gautam Adani-led group, has unveiled plans to invest ₹80,000 crore across its varied businesses in the current fiscal year.
12 May 2024
HDFC BankMarket cap of top Indian firms plummets by ₹1.73L crore
Last week, six of the top-10 most valued companies in India, experienced a drop in their combined market valuation, with a total loss amounting to ₹1,73,097.59 crore.
12 May 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Dogecoin, Tether, Ethereum rates
Bitcoin has gone up by 0.51% in the past 24 hours to trade at $61,081.38. Compared to last week, it is 3.62% down.
11 May 2024
Eicher MotorsEicher Motors records 18% surge in Q4 net profit
Eicher Motors, renowned for manufacturing commercial vehicles and Royal Enfield motorcycles, has announced an 18.2% year-on-year (YoY) increase in its consolidated net profit for the fourth quarter of FY24.
11 May 2024
Union Bank of IndiaUnion Bank of India's net profit up 18% in Q4
Union Bank of India has reported an 18.36% increase in its consolidated net profit for the March quarter, amounting to ₹3,328 crore.
11 May 2024
StartupsMeesho secures $275 million in funding, eyes further capital infusion
Meesho, an Indian e-commerce start-up, has successfully secured funding of $275 million from its existing investors, as per regulatory filings with the Securities and Exchange Commission (SEC).
11 May 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has dropped by 3.40% in the past 24 hours to trade at $60,777.49. Compared to last week, it is 3.71% down.
10 May 2024
NintendoMario-maker Nintendo cuts ties with X over high API fees
Nintendo has declared it will discontinue direct integration from the Switch's image album to X.
10 May 2024
Jaguar Land RoverTata Motors's Q4 profit surges 222% to over ₹17,400 crore
Tata Motors, India's leading EV carmaker, has reported a staggering 222% growth in its consolidated net profit for the fourth quarter, amounting to ₹17,407.18 crore.