Business News
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28 Jul 2024
Indian Overseas BankExtension expected for PSU banks to meet SEBI's MPS norms
State-owned banks in India are likely to receive another two-year extension to meet the Securities and Exchange Board of India (SEBI)'s minimum public shareholding (MPS) norms, according to Financial Services Secretary Vivek Joshi.
28 Jul 2024
Stock Market₹2,074cr finance company announces its first 1:1 bonus share issue
Monarch Networth Capital Ltd, an Indian financial service company, has unveiled plans to issue one bonus share for each stock held by shareholders, a first in the company's history.
28 Jul 2024
Chennai Super Kings (CSK)Chennai Super Kings' ownership remains unaffected by India Cements sale
The IPL cricket team, Chennai Super Kings, will maintain its ownership structure despite the sale of India Cements to UltraTech Cement, a subsidiary of Aditya Birla Group.
28 Jul 2024
Nirmala SitharamanIndian realty sector faces ₹6,480 crore loss post-Budget announcement
The Indian real estate sector suffered a significant loss of ₹6,480 crore in market value, following the Union Budget announcement by Finance Minister Nirmala Sitharaman.
28 Jul 2024
Indian GovernmentTraveling overseas? Centre says tax clearance certificates are not mandatory
In response to public backlash on social media, the Indian government clarified today that tax clearance certificates are not mandatory for all overseas travelers.
28 Jul 2024
IndiaMagicpin to bring 1L new food delivery partners on ONDC
Hyperlocal e-commerce firm Magicpin has pledged an investment of ₹100 crore in India over the next three months.
28 Jul 2024
Aditya Birla GroupUltraTech Cement advances toward major stake acquisition in India Cements
UltraTech Cement, a part of the Aditya Birla Group, is reportedly in advanced talks to acquire a 28.42% share in India Cements, from its Vice Chairman and Managing Director, N. Srinivasan.
28 Jul 2024
Adani GroupAdani Group to commission $4 billion PVC project by 2026
Indian multinational conglomerate, Adani Group, is set to commission the first phase of a $4 billion Polyvinyl Chloride (PVC) project by December 2026.
28 Jul 2024
Reliance IndustriesMcap of 6 top-valued companies in India skyrockets ₹1.85L crore
The combined market capitalization (mcap) of six out of the top 10 valued firms in India, experienced a significant increase last week, soaring by ₹1,85,186.51 crore.
28 Jul 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Tether, Ethereum, Dogecoin rates
Bitcoin has shed 1.09% of its value over the last 24 hours, and is now trading at $67,168.34. It is 0.27% higher than the previous week.
28 Jul 2024
ZomatoZomato now rewards customers ordering regularly from their favorite restaurants
Zomato, a prominent food delivery platform, has introduced a loyalty program named 'Brand Packs' to reward its regular diners.
28 Jul 2024
AppleApple inks its first union contract with US retail employees
Apple has tentatively agreed to a collective bargaining contract with its first-ever unionized store in the US, located in Maryland.
27 Jul 2024
Stock MarketDr. Reddy's Laboratories reports Q1 results: Profit dips, revenue soars
Dr. Reddy's Laboratories, a Hyderabad-based pharmaceutical giant, reported a slight 0.8% year-on-year (YoY) dip in its net profit for the first quarter (Q1) of FY25, to ₹1,392 crore.
27 Jul 2024
NTPCNTPC's Q1 net profit soars 11% to over ₹4,500 crore
NTPC has reported an impressive 11% year-on-year (YoY) increase in its net profit for the first quarter of FY25.
27 Jul 2024
Bombay Stock Exchange (BSE)PNB reports stellar Q1 results: Profit up 159% to ₹3,252cr
Punjab National Bank (PNB), a state-owned lender, has reported a significant surge in its net profit for the first quarter of the 2024-25 financial year (FY).
27 Jul 2024
Bombay Stock Exchange (BSE)Multibagger stock announces 1:10 share split after 225% YoY jump
Hazoor Multi Projects Ltd (HMPL), a multibagger stock, announced a 1:10 stock split at a board meeting on Friday.
27 Jul 2024
Bhavish AggarwalOla Electric to launch its ₹5,500cr IPO on August 2
Ola Electric is set to open its initial public offering (IPO) for retail subscription on August 2, according to a filing with stock market regulator SEBI.
27 Jul 2024
Vistara AirlinesVistara elevates in-flight experience with free Wi-Fi on international routes
Vistara, an Indian full-service carrier, has announced the provision of 20 minutes of complimentary Wi-Fi on its international flights.
27 Jul 2024
ICICI BankICICI Bank's Q1 profit surges 15% YoY to ₹11,059 crore
ICICI Bank, a prominent private sector lender, has announced a 14.6% year-on-year (YoY) increase in its standalone profit after tax (PAT) for the June quarter, amounting to ₹11,059 crore.
27 Jul 2024
IndiaFPIs inject ₹52,910 crore into Indian market this July
Foreign portfolio investors (FPIs) have infused nearly ₹52,910 crore into India's equity and debt markets until July 26.
27 Jul 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has risen by 1.38% over the last 24 hours to now trade at $67,882.78. It is up by 1.87% from last week.
26 Jul 2024
BitcoinWant to join Trump's Bitcoin roundtable? It'll cost you $800,000
The Bitcoin conference, known for its steep ticket prices, has commenced in Nashville, Tennessee.
26 Jul 2024
LinkedIn9-5 jobs ending by 2034: LinkedIn co-founder predicts gig-economy future
LinkedIn's co-founder, Reid Hoffman, has forecasted that the conventional 9-5 jobs will become obsolete by 2034.
26 Jul 2024
Startups'Rich brats fighting online': All about Silicon Valley's latest fued
David Sacks, a prominent venture capitalist, and Parker Conrad, founder of Rippling, have reignited a decade-old feud on social media platform X.
26 Jul 2024
AppleApple makes all iPhones cheaper in India
Apple has announced a 3-4% price cut across its entire iPhone range, marking the first time the tech giant has reduced prices of its Pro models.
26 Jul 2024
National Company Law TribunalDunzo, backed by Reliance and Google, faces another insolvency case
E-commerce delivery firm Dunzo, backed by heavy weights such as Reliance and Google, is once again grappling with insolvency proceedings.
26 Jul 2024
PepsiCoEx-PepsiCo employee files lawsuit claiming he invented Flamin' Hot Cheetos
Richard Montanez, a former executive at PepsiCo, has filed a lawsuit against the company over the origins of the popular snack, Flamin' Hot Cheetos.
26 Jul 2024
AppleApple ousted from top 5 in world's largest smartphone market
Apple has fallen out of the top five smartphone brands in China, as reported by Canalys.
26 Jul 2024
Pradhan Mantri Jan Arogya Yojana (PMJAY)How to survive medical costs without insurance in India
In India, a significant portion of the population lacks health insurance, making the management of medical expenses daunting.
26 Jul 2024
AppleApple's supply chain shuffle: Foxconn plans iPad production in India
Foxconn, the Taiwanese contract manufacturer, is reportedly planning a significant expansion of its operations in India.
26 Jul 2024
Mutual FundsGrowing wealth with the magic of compound interest
Compound interest is often hailed as the eighth wonder of the world and for good reason.
26 Jul 2024
Indian Rupee (INR)Indian rupee plunges to all-time low against US dollar
The Indian rupee experienced another drop on Friday, hitting an all-time low of 83.7250 against the US dollar.
26 Jul 2024
InsuranceTips to navigate health insurance portability in India
Health insurance portability allows policyholders to switch providers without losing accrued benefits.
26 Jul 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Polygon, Solana
Bitcoin has climbed 4.34% over the last 24 hours, trading at $66,947.64. It is 4.24% higher than the previous week.
26 Jul 2024
California'Entirely fake': Musk's transgender daughter publicly calls out his lies
Elon Musk, the high-profile tech entrepreneur, has been publicly disowned by his transgender daughter, Vivian Jenna Wilson.
26 Jul 2024
StartupsOnce worth $1B, this company now struggles to pay fine
Once valued at over $1 billion, video-sharing platform Cameo is now grappling with financial difficulties and is unable to pay a $600,000 fine.
25 Jul 2024
MicrosoftCrowdStrike's IT outage to cost Fortune 500 companies over $5B
A recent global IT outage, triggered by a faulty update from cybersecurity firm CrowdStrike, is projected to cost US Fortune 500 companies a staggering $5.4 billion, insurers have estimated.
25 Jul 2024
AppleWall Street rout: $1T erased in worst day since 2022
Wall Street experienced its worst trading day in 19 months on Wednesday, with significant drops in major indexes.
25 Jul 2024
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Polygon
Bitcoin has shed 2.49% over the last 24 hours, trading at $64,211.57. It is 0.88% lower than previous week.
25 Jul 2024
CREDCRED's latest feature lets you track and manage bank transactions
Indian fintech startup, CRED, has unveiled a new feature called CRED Money.
