Business News
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11 Aug 2024
Bharti AirtelMarket turbulence wipes out ₹1.66L crore from top Indian firms
The past week has been marked by significant market volatility, resulting in a substantial decrease in the combined market valuation of India's leading companies.
11 Aug 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Dogecoin, Tether, Bitcoin, Ethereum
Bitcoin has risen by 0.98% over the last 24 hours to now trade at $60,940.88. It is up 0.57% from last week.
11 Aug 2024
Securities and Exchange Board of IndiaSEBI Chairperson denies Hindenburg's allegations, accuses it of character assassination
SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch, have denied allegations made by US-based short-seller Hindenburg Research.
10 Aug 2024
Cafe Coffee DayNCLT initiates insolvency proceedings against Coffee Day Enterprises
The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of the Coffee Day Group.
10 Aug 2024
AppleApple's satcom partner Globalstar eyes Indian market
Globalstar, a leading player in satellite communication (satcom) services and a key partner of Apple, has revealed its intentions to penetrate the Indian satcom market.
10 Aug 2024
GaanaRadio Mirchi's parent company acquired Gaana for just ₹25 lakh
Entertainment Network India Limited (ENIL), the parent company of FM radio brand 'Radio Mirchi,' acquired music streaming platform Gaana for just ₹25 lakh last year.
10 Aug 2024
Adani GroupHindenburg Research teases another 'big' disclosure involving India
Hindenburg Research, a US-based short-selling firm renowned for its investigative exposes, has hinted at an impending significant disclosure related to India.
10 Aug 2024
Elon MuskElon Musk's X sued by ex-chairperson for $20M in shares
Omid Kordestani, former Chairperson of X, has initiated legal proceedings against the company.
10 Aug 2024
IntelIntel stumbles: Layoffs, lawsuits, market share loss delay upcoming event
Intel is currently grappling with a series of setbacks.
10 Aug 2024
Layoff NewsCan Nova Launcher survive with just one developer?
Nova Launcher, a widely recognized Android home screen replacement app, has experienced substantial layoffs within its development team.
10 Aug 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has shed 0.68% of its value over the last 24 hours, and is now trading at $60,409.87. It is 1.75% lower than the previous week.
10 Aug 2024
CiscoCisco plans thousands more layoffs in second cut this year
Cisco Systems, the renowned US-based networking equipment manufacturer, is preparing for a significant workforce reduction, according to Reuters.
09 Aug 2024
Reliance IndustriesAmbanis, Bajajs, Birlas: India's richest families collectively match Singapore's GDP
India's wealthiest family businesses, including the Ambanis, Bajajs, and Birlas, have amassed a combined valuation of $460 billion (around ₹38.27 lakh crore), according to The 2024 Barclays-Hurun India Most Valuable Family Businesses List.
09 Aug 2024
Elon MuskTesla faces backlash in Europe over Musk's Trump endorsement
Tesla is experiencing significant repercussions in its European business, due to CEO Elon Musk's endorsement of Donald Trump.
09 Aug 2024
CryptocurrencyCrypto exchange FTX to pay $12.7B in relief to customers
The US Commodity Futures Trading Commission (CFTC) has announced that a court has ordered FTX, a now-bankrupt cryptocurrency exchange, to pay $12.7 billion in relief to its customers.
08 Aug 2024
Mutual FundsUnderstanding recurring deposits for Indian savers
Recurring Deposits, or RDs, are favored by savers in India, merging flexibility with disciplined saving habits.
09 Aug 2024
ZeptoZepto is where Amazon was in 1990s, says co-founder
Zepto is aiming to emulate the early success of e-commerce giant Amazon.
08 Aug 2024
InsuranceHere's how the insurance complaint resolution process works in India
When you buy an insurance policy, you're entering into a contract with the insurer, expecting a safety net under unforeseen circumstances.
09 Aug 2024
Mutual FundsEquity mutual fund inflows drop 9% to ₹37,113cr in July
Equity mutual fund (MF) inflows experienced a 9% decrease in July, dropping to ₹37,113 crore from ₹40,608 crore in June.
08 Aug 2024
InsuranceLife vs health insurance: Which is better
Securing your and your family's future is crucial, and understanding the difference between life and health insurance is key.
09 Aug 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has climbed by 6.97% over the last 24 hours, and is now trading at $60,898.94. It is 5.33% lower than the previous week.
09 Aug 2024
Ola ElectricOla Electric debuts flat on NSE at ₹76/share
Ola Electric Mobility, a key player in India's electric vehicle (EV) sector, made an uneventful debut on the National Stock Exchange (NSE) today.
09 Aug 2024
Paramount PicturesParamount to lay off 15% of its US workforce
Paramount Global, a leading entertainment conglomerate, has announced plans to reduce its US workforce by approximately 15%.
08 Aug 2024
InsuranceNavigating travel insurance for Indian vacationers
Travel insurance is a must-have for any vacationer, especially when traveling abroad.
08 Aug 2024
FinanceTips to navigate home ownership costs in India
Buying a home in India is a significant financial decision. It comes with various costs beyond the initial purchase price.
08 Aug 2024
Unified Payments Interface (UPI)Navigating digital payments in India: A beginner's guide
In today's fast-paced world, the role of digital payments in daily transactions across India cannot be overstated.
08 Aug 2024
Initial Public Offering (IPO)What negative GMP means for Ola Electric's market debut tomorrow
The initial enthusiasm surrounding the Initial Public Offering (IPO) of Ola Electric, India's leading electric two-wheeler manufacturer, has diminished.
08 Aug 2024
StartupsPalmer Luckey's start-up raises $1.5B in year's largest funding round
Anduril, a prominent defense tech start-up by Palmer Luckey, the billionaire behind Oculus VR, has successfully raised $1.5 billion in a recent funding round.
08 Aug 2024
AmazonUK regulator investigates Amazon's $4 billion investment in Anthropic
The United Kingdom's antitrust watchdog, the Competition and Markets Authority (CMA), has initiated a formal investigation into Amazon's $4 billion investment in Anthropic.
08 Aug 2024
SmartphonesUS is now the largest buyer of India-made smartphones
The United States has overtaken the United Arab Emirates (UAE) as the leading importer of smartphones manufactured in India.
08 Aug 2024
IntelIntel is facing a lawsuit from shareholders: Here's why
Intel, the renowned chipmaker, is facing a lawsuit filed by its shareholders.
08 Aug 2024
Shaktikanta DasIndia's forex reserves soar to new peak of $675 billion
India's foreign exchange (forex) reserves have reached an all-time high of $675 billion as of August 2, according to Reserve Bank Governor Shaktikanta Das.
08 Aug 2024
Reserve Bank Of India (RBI)Soon, your bank check will clear within hours, says RBI
The Reserve Bank of India (RBI) has announced a significant modification to the check-clearing process, with the aim of reducing clearance time to just a few hours.
08 Aug 2024
AirbusUK space start-up plans to sell astronomy data via subscription
Blue Skies Space, a UK-based start-up, has revealed plans to launch its inaugural satellite named Mauve.
08 Aug 2024
Bhavish AggarwalRobots to handle dark stores in Ola's quick commerce plan
Ola, a prominent player in the ride-hailing industry, is preparing to make its mark in the quick commerce sector.
08 Aug 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has dropped 0.73% in the past 24 hours to trade at $56,773.47. Compared to last week, it is 10.91% down.
08 Aug 2024
Consumer Price Index (CPI)RBI keeps repo rate steady at 6.5%
The Reserve Bank of India (RBI) has announced its decision to maintain the repurchase rate (repo rate) at 6.5%.
08 Aug 2024
JioReliance Industries laid off around 42,000 employees in FY24
Reliance Industries (RIL) reduced its workforce by nearly 11% in FY24, a decrease of around 42,000 employees compared to the previous fiscal year.
07 Aug 2024
Bob IgerDisney's streaming business reports first-ever profit
Disney's streaming platforms, including Disney+, Hulu, and ESPN Plus, have recorded their first-ever profit.
07 Aug 2024
AmazonAmazon India onboards over 2,500 artisans, launches 1.5L craft products
Amazon India has announced a significant collaboration with over 45 government emporiums, NGOs, and trade bodies across the country.
