Business News
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12 Jul 2024
Layoff NewsIntuit lays off 1,800 employees amid AI-focused reorganization
California-based software giant Intuit, renowned for TurboTax, Credit Karma, and Mailchimp, has revealed plans to lay off 1,800 employees.
12 Jul 2024
Stock MarketZerodha resolves BSE connectivity issue impacting F&O trade orders
Zerodha, a prominent brokerage firm, has announced that it has rectified a connectivity issue with the Bombay Stock Exchange (BSE), affecting Futures and Options (F&O) orders.
12 Jul 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Tether, Bitcoin, Ethereum, Dogecoin
Bitcoin has lost 1.22% of its value in the last 24 hours, and is now trading at $57,036.15. It is up 5.63% from last week.
11 Jul 2024
Reserve Bank Of India (RBI)Indians can now hold foreign currency in GIFT City
Indian residents have been granted permission to open foreign currency accounts in GIFT City, under the Liberalised Remittance Scheme (LRS) presented by the Reserve Bank of India (RBI).
11 Jul 2024
TaiwanWorld will add many millionaires by 2028, thanks to Taiwan
A new report from financial firm UBS forecasts a significant global increase in the number of millionaires by 2028.
11 Jul 2024
Stock MarketSensex closes near 79,900 mark, Nifty settles at 24,315 points
On Thursday, the stock market closed on a flat note, with the benchmark indices witnessing no fluctuation.
11 Jul 2024
Bhavish AggarwalOla founder goes Narayana Murthy way, advocates for 70-hour workweek
Bhavish Aggarwal, founder of Ola Cabs, Ola Electric, and AI unicorn Krutrim, has reiterated his support for a 70-hour workweek in an interview with ANI.
11 Jul 2024
Reliance JioReliance Jio's market listing likely in 2025 at $112B valuation
International investment banking firm Jefferies, predicts that the initial public offering (IPO) of Reliance Jio could occur in 2025, potentially valuing the company at $112 billion.
11 Jul 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Dogecoin, Tether, Ethereum
Bitcoin has shed 2.39% of its value over the last 24 hours, and is now trading at $57,749.60. It is 2.09% lower than the previous week.
10 Jul 2024
Stock MarketSensex tanks 427 points, Nifty settles below 24,330 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall.
10 Jul 2024
Donald TrumpFrom VR to war: Palmer Luckey's shift to AI weapons
Palmer Luckey, the tech billionaire who founded Oculus, a virtual reality headset company in his teens, has now ventured into artificial intelligence (AI) weapons.
10 Jul 2024
OlaBhavish Aggarwal leads 'kurta' movement, says, 'embrace tradition, young techies'!
Ola's Chief Executive Officer (CEO), Bhavish Aggarwal, recently advocated for traditional Indian attire among young tech leaders.
10 Jul 2024
AppleGoing solo? OpenAI shuts down observer program following Microsoft's exit
Microsoft has officially relinquished its observer seat on the board of OpenAI, effective immediately.
10 Jul 2024
Reliance JioJio introduces new unlimited 5G add-on plans amid tariff hikes
Reliance Jio has unveiled three new 'True Unlimited Upgrade' add-on plans in response to customer dissatisfaction over recent tariff hikes and the discontinuation of popular, affordable prepaid plans, including the ₹1,559 (yearly) and ₹359 (monthly) packs.
10 Jul 2024
Electric VehiclesTesla stock up for 10th day: What's behind the surge?
Tesla's stock recorded its tenth consecutive day of gains on Tuesday, closing up by approximately 4% at around $262 apiece.
10 Jul 2024
CryptocurrencyCryptocurrency prices: Here are today's rates of Bitcoin, Ethereum, Dogecoin
Bitcoin has climbed 3.29% in the past 24 hours to trade at $59,051.17. It is 2.81% lower than last week.
09 Jul 2024
SensexSensex settles over 80,350 points, Nifty closes near 24,430
On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.49% to 80,351.64 points, the Nifty jumped 0.46% to 24,433.2 points.
09 Jul 2024
StartupsBiryani boom: Popular chain secures $2M funding for expansion
Mumbai-based restaurant chain, House of Biryan, has successfully secured $2 million in funding to expand its outlets.
09 Jul 2024
Maruti SuzukiMaruti shares skyrocket following UP's tax waiver on hybrid vehicles
Maruti Suzuki India's shares saw a significant surge of nearly 5%, hitting ₹12,615 per share on Tuesday.
09 Jul 2024
NiftyForeign investors pour $4B into Indian equities amid market highs
Foreign investors have injected over $4 billion into Indian equities since June, propelling the country's stock markets to record highs.
09 Jul 2024
Boeing 737FAA orders inspection of Boeing 737s over oxygen mask issue
The Federal Aviation Administration (FAA) has ordered inspections of 2,600 Boeing 737 airplanes due to potential problems with passenger oxygen masks.
09 Jul 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Polygon, BNB
Bitcoin has gone up by 3.61% in the past 24 hours to trade at $57,315.52. Compared to last week, it is 8.98% down.
08 Jul 2024
CitibankIndia's job growth rate doubles to 6% in FY24
India provisionally added 46.7 million jobs in the financial year ending March 2024, as per a report by the Reserve Bank of India (RBI) released on Monday.
08 Jul 2024
Stock MarketSensex closes at 79,960 points, Nifty settles at 24,320 mark
On Monday, major indices of the stock market ended flat.
08 Jul 2024
Samsung ElectronicsSamsung union launches 3-day strike demanding better bonus pay
The National Samsung Electronics Union (NSEU) in South Korea has initiated a three-day strike on Monday.
08 Jul 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has lost 3.58% in the last 24 hours, trading at $55,630.01. It is down 12.07% from last week.
08 Jul 2024
BoeingBoeing pleads guilty for fraud in fatal 737 MAX crashes
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge, thereby resolving a US Justice Department investigation into two fatal 737 MAX crashes.
08 Jul 2024
Adani GroupAdani Group plans $9 billion investment in green hydrogen infrastructure
Adani Group is planning a massive $9 billion investment in manufacturing and transportation infrastructure for its green hydrogen venture in Kutch, Gujarat.
08 Jul 2024
AppleApple considers reviving plans to manufacture iPads in India
Apple is reconsidering its plans to manufacture iPads in India, encouraged by the Indian government's efforts to attract more supply chains, according to a Moneycontrol report citing people aware of the development.
07 Jul 2024
British GovernmentUK government prioritizing job retention in Tata Steel talks
The new British government is focusing on preventing job losses in its ongoing discussions with Tata Steel, the largest steel producer in Britain.
07 Jul 2024
Initial Public Offering (IPO)IPO market to witness 1 SME public issue this week
After a surge in Initial Public Offering (IPO) activity following the June general election, the primary market will take a break next week with no new issues in the mainboard segment.
07 Jul 2024
Air IndiaAir India welcomes first Airbus A320neo in new livery
Air India has hit a significant milestone in its transformation journey, with the arrival of its first Airbus A320neo, featuring a new livery.
07 Jul 2024
MumbaiDelhi, Mumbai housing prices up 49%, unsold inventory down
India's National Capital Region (NCR) and Mumbai Metropolitan Region (MMR), have experienced a substantial increase in housing market activity over the past five years, as per ANAROCK, a real estate consultant.
07 Jul 2024
Uttar PradeshNoida-based firm to invest ₹15,000cr in green diesel, CBG pumps
NexGen Energia, a Noida-based green energy solutions company, has unveiled plans to invest ₹15,000 crore over the next decade.
07 Jul 2024
Adani GroupSEBI accuses Hindenburg of sharing Adani report early for profits
SEBI has accused Hindenburg Research of sharing an advance copy of a damaging report on the Adani Group, with New York-based hedge fund manager Mark Kingdon, two months before its publication.
07 Jul 2024
Foreign InvestmentMarket gets a shot-in-arm: FPIs invest ₹7,900cr in Indian stocks
Foreign investors have pumped over ₹7,900 crore into Indian equities during the first week of July, riding on a strong economic and earnings growth momentum.
07 Jul 2024
InfosysEight Indian powerhouses drive ₹1.83 lakh crore market surge
Last week saw a significant increase in the market valuation of eight out of the top 10 most valued firms, collectively adding ₹1,83,290.36 crore to their worth.
07 Jul 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has risen 2.40% in value over the last 24 hours, to now trade at $57,567.31. It is down 5.13% from the previous week.
06 Jul 2024
Income Tax ReturnWhy you must file your ITR before July 31
The last date to file income tax returns (ITR) for the financial year 2023-24, corresponding to the assessment year 2024-25, is July 31, 2024.
06 Jul 2024
BYJU'SPay our ₹2.3cr dues or shut shop: Ex-staff to BYJU'S
Over 60 former employees of edtech firm BYJU'S, have threatened to initiate insolvency and bankruptcy proceedings against the company, over unpaid salaries.
