Business News
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19 Jul 2024
EuropeInfosys hits new high as IT major raises FY25 guidance
Infosys, a prominent player in the IT sector, has reported a higher-than-expected Q1 FY25 earnings performance.
19 Jul 2024
GoogleGoogle to make huge investment in this Indian AI company
Google is spearheading a funding round for AI-powered Indian software company Glance InMobi Pte, which could make it raise up to $250 million in the coming weeks, according to Bloomberg.
19 Jul 2024
NetflixIndia emerges as second-largest market for Netflix in Q2
India has emerged as the second-largest market for Netflix in terms of net paid subscriber growth, contributing to the addition of over eight million new global subscribers in the second quarter.
19 Jul 2024
Income Tax ReturnFiling ITR 2024? Don't let these errors cause ITR rejection
The Indian Income Tax Department may reject your Income Tax Return (ITR) form due to several reasons.
19 Jul 2024
TaiwanTSMC boss says AI chip shortage to continue until 2025
C.C. Wei, CEO of TSMC, has projected that the supply-demand equilibrium for advanced chips will not be met until 2025 or 2026.
19 Jul 2024
WorkplaceWork from home, lose leaves: HCLTech's new policy sparks debate
HCLTech, India's third-largest software exporter, has implemented a new policy linking employee leaves to office attendance.
19 Jul 2024
PaytmPaytm's Q1 losses surge to ₹839cr, revenue plummets by 36%
One 97 Communications Ltd, the parent company of Paytm, reported a significant increase in its consolidated net loss for the first quarter of fiscal year 2025.
19 Jul 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has lost 0.75% in the last 24 hours, trading at $64,222.63. It is up 12.82% from last week.
18 Jul 2024
Donald TrumpNow a crypto lover, Trump to release 4th NFT collection
Former US President Donald Trump, who was once skeptical of cryptocurrencies, has announced his intention to release a fourth Non-Fungible Token (NFT) collection.
18 Jul 2024
Nirmala SitharamanBudget 2024: Top 5 income tax benefits expected this year
As the presentation of Budget 2024 on July 23 nears, Finance Minister Nirmala Sitharaman is expected to announce several income tax benefits.
18 Jul 2024
CryptocurrencyWazirX, India's largest crypto exchange, suffers $235 million hack
India's leading cryptocurrency exchange, WazirX, has suffered a significant security breach resulting in the loss of almost $235 million in crypto assets.
18 Jul 2024
Income Tax Department of IndiaFiling done? Now verify ITR online with these simple steps
The Income Tax Department of India has made it mandatory for taxpayers to verify their Income Tax Return (ITR) within 30 days of filing.
18 Jul 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has lost 1.75% in the last 24 hours, trading at $64,627.28. It is up 11.93% from last week.
18 Jul 2024
Augmented Reality'Godmother of AI' Fei-Fei Li launches billion-dollar startup
Fei-Fei Li, a distinguished computer scientist often dubbed as the "godmother of AI," has established an AI startup named World Labs.
17 Jul 2024
AnthropicHow Anthropic's new $100 million fund will boost AI-focused start-ups
AI start-up Anthropic, and Silicon Valley venture capital firm Menlo Ventures, have announced a partnership to establish a $100 million initiative named "the Anthology Fund."
Technical glitches plague ITR 2024 filing: Will Centre extend deadline?
As the July 31 deadline for filing income tax returns (ITRs) for the financial year 2023-24 looms, taxpayers are grappling with persistent technical issues on the e-filing portal.
17 Jul 2024
TikTokEU court rejects TikTok's efforts to bypass DMA rules
The EU's General Court has ruled that ByteDance, the parent company of TikTok, must adhere to the bloc's new law known as the Digital Markets Act (DMA).
17 Jul 2024
Companies ActCentre mulls decriminalization of several provisions in key corporate acts
The Indian government is contemplating the decriminalization of 14 provisions in three significant corporate laws, according to Moneycontrol.
17 Jul 2024
GoogleIs GitLab up for grabs? Google-backed developer platform explores sale
Google-backed software developer, GitLab, is reportedly considering a sale after receiving acquisition interest.
17 Jul 2024
BitcoinSelf-proclaimed Bitcoin creator accused of perjury in the UK
Australian scientist Craig Wright, who claimed to be the creator of Bitcoin since 2016, is facing allegations of perjury in a UK court.
17 Jul 2024
ChinaGold prices hit all-time high: What investors need to know
Gold prices soared to an unprecedented high on Wednesday, with spot gold rising 0.2% to $2,473.87 per ounce and peaking at a record $2,482.29.
17 Jul 2024
KarnatakaScrap private job reservation for locals: NASSCOM urges Karnataka government
The National Association of Software and Service Companies (NASSCOM), has voiced its apprehension over a recent bill approved by the Karnataka state cabinet.
17 Jul 2024
United States of AmericaSkechers sues apparel company L.L.Bean for allegedly copying shoe designs
Footwear giant Skechers USA has initiated a lawsuit against outdoor gear and apparel company L.L.Bean, accusing it of illegally copying its shoe designs.
17 Jul 2024
PaytmHealth check-up expenses got you worried? Try Paytm's new insurance
Digital payments giant Paytm has unveiled a new health insurance policy, "Paytm|Health Insurance," which extends its coverage to regular healthcare services.
17 Jul 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has risen 4.58% over the last 24 hours to trade at $65,455.46. It is up 11.42% from last week.
17 Jul 2024
ChinaAmid China concerns, Taiwanese firms redirect supply chains to India
Taiwanese firms are increasingly relocating their supply chains from China to India, a move driven by escalating global trade tensions, particularly between the US and China.
17 Jul 2024
United States of AmericaUS: Chinese businessman Guo Wengui convicted in $1B fraud scheme
Chinese business magnate Guo Wengui, also known as Miles Kwok, was found guilty by a US jury on Tuesday for defrauding his followers in a $1 billion scheme.
17 Jul 2024
AmazonWhy Amazon is tracking office hours of its corporate employees
Amazon has introduced a new policy to monitor the office hours of its corporate employees, aiming to discourage the practice known as 'coffee badging.'
17 Jul 2024
IndiaHow brain drain costed India a whopping $6 billion
India's current account balance has been hit by a $6 billion deficit, largely due to the increasing trend of Indian students seeking education at foreign universities.
17 Jul 2024
Elon MuskMusk shifts X and SpaceX headquarters to Texas: Here's why
Elon Musk has announced plans to relocate the headquarters of his companies X and SpaceX from California to Texas.
16 Jul 2024
FranceWhy NVIDIA is facing antitrust investigation in France
NVIDIA is currently under investigation by French authorities for alleged anti-competitive practices.
16 Jul 2024
Income Tax ReturnITR 2024 deadline: Know all about penalties on late filing
The Income Tax Department has disclosed the penalties for late filing of Income Tax Return (ITR) for the financial year 2023-24.
16 Jul 2024
Board of Control for Cricket in India (BCCI)Amid insolvency proceedings, BYJU'S seeks out-of-court settlement with BCCI
Edtech giant BYJU'S, recently admitted to insolvency proceedings, is reportedly planning an out-of-court settlement with the Board of Control for Cricket in India (BCCI), as per Moneycontrol.
16 Jul 2024
Stock MarketSensex closes at 80,716 points, Nifty settles above 24,600 mark
The stock market closed in India on a positive note on Tuesday.
16 Jul 2024
SwiggyYou can again order liquor from Swiggy, Zomato, and BigBasket
Food delivery behemoths Swiggy, Zomato, and BigBasket are reportedly gearing up to recommence home delivery of low-alcohol beverages such as wine, and beer.
16 Jul 2024
Amazon Web Services€470M package: How Google tried to upend Microsoft's antitrust settlement
Google, a subsidiary of Alphabet Inc., recently proposed a package worth approximately €470 million ($512 million) to the Cloud Infrastructure Services Providers in Europe (CISPE).
16 Jul 2024
OpenAISam Altman explains how Airbnb's chief helped OpenAI grow
OpenAI CEO Sam Altman has publicly acknowledged the pivotal role played by Airbnb CEO Brian Chesky, in the swift expansion of his company.
16 Jul 2024
SamsungSamsung's witty response to Apple's first Malaysian store goes viral
Samsung, Apple's main competitor, responded humorously to the opening of Apple's first store in Malaysia last month.
16 Jul 2024
JapanWhy Japan's rising OTT, social media addiction is weakening Yen
Japan's increasing reliance on foreign digital services for entertainment/business operations, is leading to a "digital deficit," causing the Yen to depreciate against the US Dollar.
16 Jul 2024
SamsungSouth Korea: Why women making Samsung's semiconductors are on strike
Women on Samsung's 8-inch semiconductor production line in South Korea have initiated a strike, citing severe working conditions.
