Business News
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20 Jun 2024
IndiaGeneral Catalyst merges with Venture Highway to expand in India
Silicon Valley-based venture capital group, General Catalyst, is merging with Indian venture firm, Venture Highway.
20 Jun 2024
Securities and Exchange Board of IndiaSEBI directs Religare to seek approvals for Burman family's offer
The Securities and Exchange Board of India (SEBI) has given instructions to Religare Enterprises Ltd (REL) and its Chairperson, Rashmi Saluja.
20 Jun 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Ethereum, Bitcoin, Dogecoin, Tether
Bitcoin has lost 0.25% of its value in the last 24 hours, and is now trading at $65,263.49. It is down by 3.08% from last week.
20 Jun 2024
Artificial Intelligence and Machine LearningOpenAI's ex-chief scientist Ilya Sutskever launches new AI start-up
Ilya Sutskever, the former chief scientist and co-founder of OpenAI, has launched a new artificial intelligence (AI) company. It is known as Safe Superintelligence Inc. (SSI).
19 Jun 2024
AmazonOver 1,100 students boycott Google, Amazon amid Project Nimbus controversy
The No Tech for Apartheid (NOTA) coalition, a group of tech workers advocating for the termination of contracts between big tech firms and the Israeli government, is close to reaching its campaign goal.
19 Jun 2024
IndiaIndia anticipates decade-high $2 billion bond inflows this month
India is preparing for a significant surge in foreign inflows into its bonds, expected to reach a decade-high of $2 billion around June 28.
19 Jun 2024
Donald TrumpTruth Social's stock continues to plummet following Trump's felony convictions
Donald Trump's social media company, Truth Social, has experienced a significant drop in stock value over the past two days.
19 Jun 2024
IndiaProxy firm advises against Gautam Singhania's reappointment at Raymond
Institutional Investor Advisory Services (IiAS), a prominent proxy advisory firm, has publicly opposed the reappointment of Gautam Singhania, as Chairman and Managing Director of Raymond.
19 Jun 2024
Stock MarketSensex closes at 77,337 points, Nifty settles above 23,500 mark
On Wednesday, the stock market closed on a flat note. The Sensex settled at 77,337.59 points, and Nifty ended at 23,521.6 points.
19 Jun 2024
StartupsDelta Corp shares soar on reports of potential GST waiver
Shares of online gaming company Delta Corp, hit a five-month high on Wednesday, following reports that the GST Council may consider an amendment to the CGST Act.
19 Jun 2024
Air IndiaAir India's domestic flights getting premium economy class this July
Air India has announced the introduction of a premium economy class on certain domestic routes, starting in July.
19 Jun 2024
Vodafone IdeaVodafone offloads 19% stake in Indus Towers for ₹17,000 crore
Vodafone Group PLC, the UK-based telecom giant, has sold a 19% stake in India's largest mobile tower installation company, Indus Towers, through block deals.
19 Jun 2024
GSTGST Council may propose amendment to nullify retrospective tax demands
The Goods and Services Tax (GST) Council is contemplating an amendment to the Central Goods and Services Tax (CGST) Act, 2017.
19 Jun 2024
WeWorkWeWork gets CCI approval to exit Indian co-working market
The Competition Commission of India (CCI) has given its approval to WeWork, a US-based co-working space firm, to sell its entire 27.5% ownership in its Indian division.
19 Jun 2024
CryptocurrencyCryptocurrency prices: Here are rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has dropped 0.38% of its value in the past 24 hours to trade at $65,461.96. Compared to last week, it is 3.03% down.
19 Jun 2024
NVIDIANVIDIA dethrones Microsoft to become world's most valuable company
NVIDIA, the globally recognized GPU manufacturer, has outpaced tech giant Microsoft to clinch the title of the world's most valuable company.
18 Jun 2024
Indian GovernmentIndia's FY25 advance tax collection surges 27% to ₹1.48L crore
The Indian government has reported a significant rise of 27.6% in advance tax collection for the current financial year up to June 15, reaching ₹1.48 lakh crore.
18 Jun 2024
Stock MarketSensex climbs to 77,301 points, Nifty settles near 23,560 mark
On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.
18 Jun 2024
SwiggySwiggy Instamart joins hands with Hamleys for 10-minute toy deliveries
Swiggy Instamart, the well-known quick commerce delivery platform, has announced a strategic partnership with Hamleys, the globally recognized toy retailer.
18 Jun 2024
BoeingBoeing CEO to testify before US Senate on aircraft safety
Boeing's CEO, David Calhoun, will testify before the US Senate's investigations subcommittee today.
18 Jun 2024
FiskerTesla rival Fisker files for bankruptcy after failed investment talks
US electric vehicle manufacturer, Fisker, has declared bankruptcy after unsuccessful negotiations with a major automaker.
18 Jun 2024
Fitch RatingsFitch raises India's FY25 economic growth forecast to 7.2%
Fitch Ratings has revised its economic growth forecast for India in FY25 to 7.2%, up from the previous projection of 7% made in March.
18 Jun 2024
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Polygon
Bitcoin has lost 1.03% in the last 24 hours, trading at $65,731.70. It is down 3% from last week.
18 Jun 2024
Bombay Stock Exchange (BSE)Ixigo shares make stellar market debut, open at 48.5% premium
Le Travenues Technology, the parent company of 'Ixigo,' has made a strong debut on the NSE and BSE today.
18 Jun 2024
NiftyNifty, Sensex hit record highs; PSU banks, metal stocks lead
India's benchmark indices, Nifty and Sensex, hit record highs in early trade today.
18 Jun 2024
Elon MuskTesla initiates legal fight to reinstate Musk's $56B pay package
Tesla has initiated a legal battle to reinstate CEO Elon Musk's record $56 billlion compensation, following a shareholder vote in favor of the pay package.
18 Jun 2024
Apple PayApple discontinues 'Pay Later' service just months after launch
Apple has announced the discontinuation of its 'buy now, pay later' service, 'Apple Pay Later,' just months after its launch in the US.
17 Jun 2024
SoftBank GroupSoftBank forges strategic alliance with AI search engine Perplexity
SoftBank, the multinational conglomerate, has announced a strategic alliance with Perplexity, an AI search engine aiming to compete with Google.
17 Jun 2024
Space NewsIN-SPACe announces pre-incubation program for space startups
The Indian National Space Promotion and Authorization Centre (IN-SPACe) has launched a pre-incubation entrepreneurship development program.
17 Jun 2024
Vodafone IdeaVi may offer more shares to vendors to clear dues
Vodafone Idea (Vi) is considering offering more shares to its vendors, including Nokia and Ericsson, to settle its outstanding operational dues, according to industry analysts.
17 Jun 2024
BengaluruMumbai remains most expensive Indian city to live in: Survey
Mumbai has retained its title as the most expensive city in India for expatriates, according to the 2024 Cost of Living survey by Mercer.
17 Jun 2024
Indian GovernmentIndia's Budget 2024: Centre considers lowering personal tax rate
The Indian government is considering a reduction in personal tax rates for certain income groups, aiming to stimulate consumption in Asia's third-largest economy, according to two government sources who spoke to Reuters.
17 Jun 2024
BeijingChina's new home prices fall at fastest pace in 10-years
China's property market experienced a significant downturn in May, with home prices seeing the largest drop since October 2014.
17 Jun 2024
E-commerceZepto's dark store expansion to support non-grocery delivery
Quick-commerce company Zepto is planning to expand its dark store network to accommodate a larger assortment of products, according to a Mint report.
17 Jun 2024
HyundaiHyundai, Ola Electric, Swiggy, Haldiram's, others eye IPOs worth ₹50,000cr
The Indian equity market is gearing up for a significant increase in Initial Public Offerings (IPOs) over the next three to four months.
17 Jun 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has climbed 0.38% in the past 24 hours, trading at $66,412.58. It is 4.53% lower than last week.
17 Jun 2024
Reliance IndustriesOYO eyes ₹1,000 crore fundraise in significant down round
OYO, a leading Indian hospitality startup, is currently in advanced discussions to raise approximately ₹1,000 crore ($120 million).
17 Jun 2024
Adani GroupAdani Ports gets nod for ₹45,000 crore Mundra port expansion
Adani Ports and Special Economic Zone (APSEZ) has received crucial environmental and coastal regulation zone approvals for a significant expansion of Mundra port located in the state of Gujarat.
16 Jun 2024
GujaratEssar Group to invest ₹30,000cr in Gujarat green hydrogen plant
The Essar Group has revealed its intention to invest ₹30,000 crore over the next four years, in establishing a green hydrogen facility in Jamnagar, Gujarat.
16 Jun 2024
Initial Public Offering (IPO)Ixigo IPO set for strong market debut on June 18
Le Travenues Technology Ltd, popularly known as Ixigo, is gearing up for its initial public offering (IPO) on June 18.