Business News
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13 Aug 2024
Adani GroupPlea in SC seeks conclusion of SEBI probe into Adani
Advocate Vishal Tiwari has filed a petition in the Supreme Court, urging a speedy resolution to the Securities and Exchange Board of India's (SEBI) investigation into the Adani Group.
13 Aug 2024
Central Board of Direct Taxes (CBDT)Sending money abroad? Transfers exceeding ₹6 lakh under I-T scanner
The Central Board of Direct Taxes (CBDT) has initiated a comprehensive review process to identify potential tax evasion associated with outward foreign remittances exceeding ₹6 lakh.
13 Aug 2024
Ola ElectricOla Electric surges 70% in 3 days: What's driving rally?
Ola Electric has witnessed a significant surge in its share value, with a 71% increase from the initial listing price of ₹76.
13 Aug 2024
Indian RailwaysIndian Railways reportedly cancels Vande Bharat train tender worth ₹30,000cr
The Indian Railways has canceled a ₹30,000 crore tender for the production and maintenance of 100 aluminum body Vande Bharat trains.
13 Aug 2024
Bombay Stock Exchange (BSE)FirstCry makes strong market debut, shares list at 40% premium
FirstCry, operated by Brainbees Solutions Ltd., has made a robust debut on the Indian stock market today.
13 Aug 2024
AppleApple probe twist: India's CCI asks rivals to return reports
The Competition Commission of India (CCI) has taken an unprecedented step, by asking Apple's competitors to return reports of an investigation that found it breached competition laws.
13 Aug 2024
Initial Public Offering (IPO)Unicommerce lists with 117% premium, doubling investor wealth
E-commerce enabler Unicomerce eSolutions (Unicomerce) witnessed a blockbuster debut on the Indian stock exchanges on Tuesday.
13 Aug 2024
AMDIntel's chip market dominance under threat from AMD
AMD is steadily gaining ground in the global PC market, currently dominated by Intel.
13 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has risen 1.08% over the last 24 hours to trade at $59,227.87. It is up 7.03% from last week.
12 Aug 2024
Personal FinanceNavigating loan repayment in India
Taking out a loan is a common financial step for many in India, whether it's for buying a home, financing education, or starting a business.
12 Aug 2024
CryptocurrencyTips for cryptocurrency investments for Indian beginners
Cryptocurrency has become a buzzword worldwide, including in India.
12 Aug 2024
InsuranceUnderstanding life insurance for Indian families
Life insurance is a critical component of financial planning, especially for families.
12 Aug 2024
SpiceJetSpiceJet's Mumbai operations to be disrupted from August 13
SpiceJet, a leading Indian budget airline, is set to face operational disruptions at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai.
12 Aug 2024
Central Board of Direct Taxes (CBDT)Net direct tax collection jumps 22.5% YoY to ₹6.92L crore
India has witnessed a significant surge in its net direct tax collections for the current financial year, with an increase of 22.48% recorded up to August 11.
12 Aug 2024
WiproWipro's leadership exodus continues as CTO Subha Tatavarti resigns
Subha Tatavarti, the Chief Technology Officer (CTO) of Wipro, has tendered her resignation effective from August 16.
12 Aug 2024
SpiceJetSpiceJet delays June salaries due to 'pressing operational financial commitments'
SpiceJet, a beleaguered Indian airline, has postponed the payment of June salaries for some of its employees.
12 Aug 2024
United KingdomUK CEOs paid triple that of Indian counterparts: Report
The average remuneration for CEOs of the 100 largest listed companies in the UK has reached an all-time high.
12 Aug 2024
Reserve Bank Of India (RBI)Indian rupee closes at record low of 83.97 against USD
The Indian Rupee experienced a significant drop on Monday, closing at its lowest level ever.
12 Aug 2024
Universal Music GroupUniversal's music arrives on WhatsApp thanks to new Meta deal
Universal Music Group (UMG), the world's leading music label, has broadened its licensing agreement with Meta.
Inaugural National Household Travel Survey to be conducted in 2025
The Indian government is preparing to conduct its inaugural National Household Travel Survey (NHTS) in 2025.
12 Aug 2024
GooglePernod India's legal chief heads to Google amid regulatory challenges
Bijoya Roy, the Chief Legal Officer of Pernod Ricard in India, has resigned from her role amid several legal and regulatory challenges faced by the French liquor giant.
12 Aug 2024
Bharti AirtelAirtel parent acquires 24.5% stake in UK's largest telecom provider
Airtel's parent company Bharti Enterprises is acquiring a significant 24.5% stake in British Telecom Group Plc (BT Group).
12 Aug 2024
InflationIndia's retail inflation cools to 3.5%, lowest in 5 years
India's retail inflation has experienced a significant decrease, reaching a near five-year low of 3.5% in July.
12 Aug 2024
BlinkitZepto eyes $5 billion valuation in new $310M funding round
Mumbai-based quick-commerce firm, Zepto, is gearing up for a significant funding round of $310 million.
12 Aug 2024
Initial Public Offering (IPO)FirstCry's stock market debut tomorrow: What does the GMP say?
Brainbees Solutions, the parent company of FirstCry, is preparing for its stock market debut on Tuesday.
12 Aug 2024
KarnatakaNo 14-hour workday for techies, says Karnataka IT Secy
The Karnataka government has said there will be no extension of work hours for information technology (IT) sector employees.
12 Aug 2024
BitcoinWhy VCs are investing billions in crypto start-ups despite slowdown
Despite a challenging period for the digital asset market, cryptocurrency start-ups have successfully secured an increased amount of venture capital (VC) funding in the recent quarter.
12 Aug 2024
StartupsFreshworks boss bats for founders taking money in secondary sale
Girish Mathrubootham, the founder and Executive Chairman of Freshworks, has endorsed the idea of start-ups founders participating in secondary share sales.
12 Aug 2024
AmazonThe Google techie who is now China's richest man
Colin Huang (44), the visionary behind e-commerce giants Temu and Pinduoduo, has now become China's richest person with a net worth of $48.7 billion, as per the Bloomberg Billionaires Index.
12 Aug 2024
Bharat Sanchar Nigam LimitedHere's when BSNL will launch its 5G services
Bharat Sanchar Nigam Limited (BSNL), the state-owned telecommunications company, has announced plans to introduce its 5G services in India.
12 Aug 2024
Adani GroupAdani Group stocks tumble up to 17% following Hindenburg's allegations
Adani Group's shares experienced a significant drop in early trade on Monday, with Adani Energy leading the decline by 17%.
12 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Polygon
Bitcoin has shed 3.94% over the last 24 hours, trading at $58,529.94. It is 9.32% higher than previous week.
11 Aug 2024
Life Insurance Corporation of IndiaLIC to invest ₹1.3 lakh crore in equities this fiscal
Life Insurance Corporation of India (LIC) has announced plans to invest approximately ₹1.3 lakh crore in equities during the current fiscal year, as per its MD and CEO Siddhartha Mohanty.
11 Aug 2024
Adani GroupMadhabi Buch, husband issue detailed rebuttal to Hindenburg's allegations
Madhabi Puri Buch, the Chairperson of the Securities Exchange Board of India (SEBI), and her husband Dhaval Buch, have vehemently denied allegations made by Hindenburg Research.
11 Aug 2024
Adani GroupMadhabi Buch-linked offshore fund denies investment in Adani stocks
360 One, previously known as IIFL Wealth, has issued a statement denying any investments made by its IPE Plus Fund 1 in the shares of Adani Group.
11 Aug 2024
AmazonAWS to build a new hyper-scale data center in Hyderabad
Amazon Web Services (AWS) is set to significantly expand its data center operations in Hyderabad, Telangana.
11 Aug 2024
Initial Public Offering (IPO)5 new IPOs and 2 listings to hit Indian market
The Indian stock market is preparing for a busy week with five new initial public offerings (IPOs) and two listings.
11 Aug 2024
Foreign InvestmentFPIs offload ₹13,400cr in Indian equities after 2-month buying spree
Foreign portfolio investors (FPIs) have shifted their stance on Indian equities this month, transitioning from net buyers to net sellers.
11 Aug 2024
OYO RoomsOYO raises around ₹1,460 crore in Series G funding round
OYO's parent company, Oravel Stays Ltd, has raised ₹1,457 crore in its latest funding round. This marks the conclusion of the Series G funding round for it.
11 Aug 2024
Adani GroupAdani Group dismisses Hindenburg's latest allegations as 'malicious, manipulative'
Adani Group has refuted the accusations made by US-based short-seller Hindenburg Research yesterday, labeling them as "malicious, mischievous and manipulative."
