Business News
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12 Jun 2024
Elon MuskMusk urged SpaceX employee to have his children, says WSJ
Elon Musk, the CEO of SpaceX, has been accused of engaging in sexual relationships with multiple female employees, including a former intern who was later promoted to his executive team.
12 Jun 2024
BitcoinCryptocurrency prices 12-05-2024: Check rates of Bitcoin, Ethereum, Solana, XRP
Bitcoin has lost 0.62% in the last 24 hours, trading at $67,265.55. It is 5.30% down compared to last week.
12 Jun 2024
SensexNifty touches new all-time high of 23,420: What's driving rally
The Nifty 50 index has reached a new all-time high, climbing over 150 points to hit 23,420.35.
12 Jun 2024
Artificial Intelligence and Machine LearningFrench AI startup Mistral secures $640M funding at $6B valuation
Mistral AI, a Paris-based startup, has successfully concluded its Series B funding round, with General Catalyst leading the way.
11 Jun 2024
Initial Public Offering (IPO)Raspberry Pi goes public, sees 32% stock price surge
Raspberry Pi, the renowned manufacturer of affordable single-board computers, has officially become a publicly traded company.
11 Jun 2024
Ola ElectricOla Electric gets SEBI's nod for IPO worth ₹7,250 crore
Ola Electric, a prominent player in the electric vehicle (EV) industry, has received approval from the Securities and Exchange Board of India (SEBI), for its initial public offering (IPO).
11 Jun 2024
Initial Public Offering (IPO)Ixigo IPO subscribed over 7.5 times on day 2
The initial public offering (IPO) of Le Travenues Technology, the parent company of travel booking platform Ixigo, has been subscribed over 7.5 times on the second day of bidding.
11 Jun 2024
Stock MarketSensex closes at 76,456 points, Nifty settles above 23,260 mark
The stock market on Tuesday ended on a mixed note, as the Sensex fell 0.04% to settle at 76,456.59 points, and the Nifty rose by 0.02% to end at 23,264.85 points.
11 Jun 2024
Jaguar Land RoverTata Motors shares surge 2% on debt-free target by 2025
Tata Motors shares surged by 2% on Tuesday, reaching ₹991 apiece.
11 Jun 2024
Aditya Birla GroupVodafone Idea secures ₹14,000 crore loan from SBI-led consortium
A consortium of lenders, spearheaded by the State Bank of India, has given a preliminary nod for a ₹14,000 crore loan to Vodafone Idea (Vi).
11 Jun 2024
Goldman SachsOpenAI expands team with CFO Sarah Friar, CPO Kevin Weil
OpenAI, a leading artificial intelligence company, has announced the appointment of two new executives to its leadership team.
11 Jun 2024
Hyundai Motor IndiaHyundai Motor India may file $2.5B IPO in coming weeks
Hyundai's Indian subsidiary is preparing to submit a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in the coming weeks.
11 Jun 2024
Elon MuskMusk's $56B Tesla compensation: Shareholder vote won't reverse judge's decision
Tesla's upcoming shareholder vote on CEO Elon Musk's $56 billion pay package is unlikely to reverse a judge's decision to nullify the 2018 compensation deal.
11 Jun 2024
Singapore AirlinesSingapore Airlines offers compensation to passengers injured in turbulence incident
Singapore Airlines has announced a compensation plan for passengers affected by a turbulent flight that resulted in one fatality and multiple injuries.
11 Jun 2024
Securities and Exchange Board of IndiaSEBI won't freeze demat accounts, MF folios over nomination non-submission
The Securities and Exchange Board of India (SEBI) has announced that it will not freeze demat accounts and mutual fund folios of investors who have not submitted their nominations.
11 Jun 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Polygon
Bitcoin has shed 2.32% over the last 24 hours, trading at $68,011.97. It is 1.48% lower than previous week.
11 Jun 2024
IndiGoIndiGo shares fall 4% after ₹3,689 crore block deal
InterGlobe Aviation, the parent company of IndiGo, saw a 4% drop in its shares following a significant block deal on Tuesday.
10 Jun 2024
Indian GovernmentXiaomi India plans to boost local manufacturing, create Apple-like ecosystem
Xiaomi is preparing to celebrate a decade of operations in India next month.
10 Jun 2024
Stock MarketSensex, Nifty close in red after touching record highs
On Monday, the stock market witnessed a slump after hitting record highs.
10 Jun 2024
Mutual FundsEquity MFs witness record inflows of nearly ₹34,700cr in May
Equity mutual funds in India experienced a significant surge in investments, reaching an all-time high of ₹34,697 crore in May. This represents an impressive 83.42% increase from the previous month's figures.
10 Jun 2024
Morgan StanleyMorgan Stanley-backed Ixigo's IPO opens for subscription: Should you invest?
The initial public offering (IPO) of Le Travenues Technology, the parent company of the popular travel platform Ixigo, has opened for subscription today. The IPO will close on June 12.
10 Jun 2024
PaytmPaytm lays off more employees amid restructuring efforts
One97 Communications, the parent company of the fintech giant Paytm, has announced another reduction in its workforce as part of a company-wide restructuring plan.
10 Jun 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has climbed 0.49% in the past 24 hours to trade at $69,626.24. Compared to last week, it is 1.82% up.
10 Jun 2024
PaytmPaytm stock surges 8.5% to cross ₹400 after 8 weeks
The stock price of One 97 Communications, the parent company of Paytm, has seen a significant increase of 8.6%, reaching ₹414.
10 Jun 2024
Narendra ModiSensex, Nifty hit record highs following PM Modi's swearing-in
India's stock market soared to fresh highs on Monday morning following Narendra Modi's third term inauguration as Prime Minister.
09 Jun 2024
Initial Public Offering (IPO)IPO-bound FirstCry planning to ramp up operations in global markets
FirstCry, India's premier multi-channel retail platform for newborns, kids, and mothers, has unveiled plans to extend its operations globally.
09 Jun 2024
Coca-ColaCoca-Cola to invest ₹700 crore in new Telangana plant
Coca-Cola, the global beverage giant, has announced plans to invest ₹700 crore in a new greenfield plant in Peddapalli district, Telangana.
09 Jun 2024
Elon MuskElon Musk praises Indian-origin Tesla director for his contributions
Elon Musk, the CEO of Tesla, has publicly recognized Ashok Elluswamy, the director of AI/autopilot software at the firm, for his significant contributions to the electric car company.
09 Jun 2024
Initial Public Offering (IPO)India's primary market prepares for new IPOs and listings
India's primary market is bracing for a busy week with two new public issues and four new listings on the horizon.
09 Jun 2024
Punjab National BankPNB to open office in Dubai, expanding international footprint
Punjab National Bank (PNB), a state-owned entity, has unveiled plans to establish a representative office in Dubai as part of its global expansion strategy.
09 Jun 2024
Foreign InvestmentForeign investors withdraw ₹14,800cr from Indian stocks post election results
Foreign investors have withdrawn nearly ₹14,800 crore from Indian stocks in the first week of June.
09 Jun 2024
Bharti AirtelMarket valuation of top Indian firms skyrockets by ₹3.28 trillion
Eight of India's most valued domestic firms collectively added ₹3.28 lakh crore to their market valuation last week, led by Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries.
09 Jun 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Tether, Dogecoin rates
Bitcoin has fallen 0.08% in value in the past 24 hours, to now trade at $69,248.10. Compared to last week, it is 2.17% up.
08 Jun 2024
UnacademyUnacademy co-founder Hemesh Singh steps down to advisory role
Hemesh Singh, co-founder and Chief Technology Officer of edtech giant Unacademy, has announced that he will transition from an executive role to an advisory one.
08 Jun 2024
Elon MuskNorway's sovereign wealth fund opposes Musk's $56bn Tesla pay deal
Norway's $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), has declared its intention to vote against the proposed $56 billion pay package for Tesla CEO Elon Musk.
08 Jun 2024
DelhiMaharashtra, Karnataka, Delhi lead UK's investment inflows from India
Maharashtra, Karnataka, and Delhi are leading the way in foreign direct investment (FDI) from India into the UK.
08 Jun 2024
IndiaIndia's urban-rural consumption expenditure gap decreases, goes down to 75%
A new survey by the Ministry of Statistics and Program Implementation reveals that rural monthly per capita consumption (MPCE) in India, has grown at a faster pace than its urban counterpart.
08 Jun 2024
Bajaj FinanceBajaj Housing Finance finally files for ₹7,000 crore IPO
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has submitted draft papers to the Securities and Exchange Board of India (SEBI).
08 Jun 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has slipped 2.76% in the past 24 hours to now trade at $69,219.91. It is 2.42% higher than the week before.
07 Jun 2024
Stock MarketSensex gains 1,600 points as Modi 3.0 government nears formation
On Friday, the stock market closed in the green as NDA announced to form the government.
