Business News
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16 Aug 2024
Bill GatesFormer employees claim Bill Gates behaved like 'absolute monarch'
Bill Gates, the billionaire co-founder of Microsoft and philanthropist, has been accused of creating a culture of fear within his mega-charity organization.
16 Aug 2024
Bhavish AggarwalOla Electric shares surge 18% as company enters e-motorcycle segment
Ola Electric, a prominent player in India's electric two-wheeler industry, has witnessed a significant rise in its share value.
16 Aug 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has dropped 0.39% in the past 24 hours to trade at $58,161.52. Compared to last week, it is 4.28% down.
16 Aug 2024
Tiger Global$100M start-up shuts shop with $250K fire sale
LogiNext Solutions, a logistics software-as-a-service (SaaS) start-up based in Mumbai and New Jersey, has undergone a dramatic shift in its operations.
15 Aug 2024
Berkshire HathawayWarren Buffet trims Apple stake, invests in this beauty company
Warren Buffett's Berkshire Hathaway has made significant changes to its stock portfolio.
15 Aug 2024
StarbucksStarbucks's new CEO gets $113 million pay package, work-from-home option
Starbucks has announced a generous compensation package for its incoming CEO, Brian Niccol.
15 Aug 2024
IntelSoftBank ends AI chip collaboration with Intel, turns to TSMC
SoftBank has terminated its partnership with Intel, initially aimed at creating an artificial intelligence (AI) chip.
15 Aug 2024
Foreign InvestmentModi presents strategic push for attracting global investments in India
On the occasion of India's 78th Independence Day, Prime Minister Narendra Modi delivered a speech from the Red Fort, highlighing that India has emerged as a preferred investment destination for global companies and investors.
15 Aug 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has dropped 4.34% in the past 24 hours to trade at $58,386.94. Compared to last week, it is 2.76% up.
15 Aug 2024
CiscoCisco announces second round of layoffs, impacting 7% of workforce
Cisco, the American multinational technology conglomerate, has announced plans to lay off approximately 7% of its global workforce.
14 Aug 2024
KarnatakaWhy Karnataka government has suspended transactions with SBI, PNB
In a dramatic move, the Karnataka government has issued an order to suspend all transactions with the State Bank of India (SBI) and Punjab National Bank (PNB).
14 Aug 2024
FinanceChocoloate brand Mars buys Pringles maker Kellanova for $36 billion
Mars, the renowned company behind popular chocolate brands like M&M's and Snickers, has announced its plan to acquire Kellanova.
14 Aug 2024
Mutual FundsZerodha now allows mutual fund investments via minor's account
Zerodha, a leading online brokerage firm, has introduced a new feature that enables investors to invest in mutual funds using a minor's account.
14 Aug 2024
SwiggyOrdering food on Swiggy in non-metro cities to become costlier
Swiggy has revised its service fee policy for restaurants located outside metropolitan cities, as per The Economic Times.
14 Aug 2024
Ola ElectricOla Electric's Q1 loss increases 30% YoY to ₹347 crore
Ola Electric has reported a consolidated net loss of ₹347 crore for the first quarter (Q1) ending June 30, 2024.
14 Aug 2024
National Company Law TribunalCoffee Day gets reprieve as NCLAT halts insolvency for now
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has temporarily halted corporate insolvency resolution proceedings against Coffee Day Enterprises.
14 Aug 2024
StarbucksWatch: Starbucks CEO who said no to overtime is out
Laxman Narasimhan, the recently ousted CEO of Starbucks, has made headlines with a resurfaced video in which he emphasizes his commitment to maintaining a healthy work-life balance.
14 Aug 2024
SwiggySwiggy launches its own UPI payment service for faster transactions
Swiggy, a leading online food and grocery delivery platform, has launched its own Unified Payments Interface (UPI) payment service called 'Swiggy UPI.'
14 Aug 2024
Piyush GoyalIndia's trade gap swells to $23.5B: What's behind this worry
India's trade deficit has widened to $23.5 billion in July this year, marking a significant increase from the previous year's figure of $19 billion, according to data released by the Commerce Ministry.
14 Aug 2024
United States of AmericaAvon files for bankruptcy amid lawsuits over cancer-linked talc products
Avon, a once-dominant direct sales firm valued at around $21 billion, has filed for bankruptcy due to 200 lawsuits linking its talc-based products to cancer.
14 Aug 2024
EuropeIPO-bound OYO records first-ever annual profit in FY24
OYO, a leading travel tech firm, has announced its first-ever annual profit after tax (PAT) of ₹229 crore for the financial year 2024 (FY24).
14 Aug 2024
BCCISupreme Court halts BYJU'S settlement with BCCI: Here's why
The Supreme Court of India has stayed National Company Law Appellate Tribunal's (NCLAT) decision, which allowed a settlement between edtech giant BYJU'S and the Board of Control for Cricket in India (BCCI).
14 Aug 2024
Sachin TendulkarSachin Tendulkar launching sports athleisure brand to take on Nike
Cricket legend Sachin Tendulkar is launching a sports athleisure brand.
14 Aug 2024
Personal FinanceEnhancing financial security for freelancers in India
In the dynamic world of freelancing, financial security often takes a backseat.
14 Aug 2024
InflationUnderstanding inflation in simple terms
Inflation is a term that often appears in news headlines and financial discussions.
14 Aug 2024
InsuranceUnveiling insurance underwriting in India
Insurance underwriting is a critical process that determines the risk of insuring a person or asset and decides the premium to be charged.
14 Aug 2024
InflationIndia's wholesale inflation drops to 2% in July
India's wholesale inflation, measured using the Wholesale Price Index (WPI), has seen a significant decrease to 2.04% in July on an annual basis.
14 Aug 2024
Elon MuskMusk's handpicked judge recuses himself in X vs. advertisers lawsuit
US District Judge Reed O'Connor has stepped down from presiding over a lawsuit filed by Elon Musk's X against the World Federation of Advertisers (WFA) and several major corporations.
14 Aug 2024
FloridaLawsuit challenges Florida's ban on lab-grown meat
Upside Foods, a leading company in the cultivated meat sector, has initiated legal action against Florida for its prohibition on lab-grown meat.
14 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Cardano
Bitcoin has surged 3.09% in the past 24 hours to trade at $61,036.76. It is 6.68% up compared to last week.
14 Aug 2024
Bharat Sanchar Nigam LimitedIndia unable to export 5G tech because of BSNL
The Indian government's ambitious plan to export locally developed 4G and 5G network technologies has hit a roadblock, due to delays in BSNL's 4G network rollout.
14 Aug 2024
AmazonZepto hits $5 billion valuation as it closes $340M round
Zepto, an Indian quick commerce start-up, has successfully secured $340 million in a Series G funding round.
14 Aug 2024
Elon MuskElon Musk, JK Rowling named in Imane Khelif's cyberbulling lawsuit
Imane Khelif, an Algerian boxer and Olympic gold medalist, has filed a lawsuit against Tesla CEO Elon Musk and author JK Rowling for alleged "acts of aggravated cyber harassment."
14 Aug 2024
GoogleEx-Google CEO blames remote work for company's AI innovation gap
Billionaire Eric Schmidt, former CEO of Google (2001-2011) and Executive Chairman until 2015, has ignited a debate by criticizing the tech giant's growing remote work culture.
13 Aug 2024
InsuranceUnderstanding pet insurance in India
Pet insurance is gaining popularity among Indian pet owners. They seek to protect their furry friends from unexpected health issues and accidents.
13 Aug 2024
Personal FinanceHow to cultivate financial literacy in Indian teens
In today's rapid environment, acquiring financial literacy is crucial, especially for teenagers.
13 Aug 2024
Personal FinanceHelping US citizens achieve financial goals with goal-based investing
Investing with a specific goal in mind is a strategy that can help individuals in the U.S. to systematically achieve their financial objectives.
13 Aug 2024
StarbucksStarbucks appoints Chipolte chief Brian Niccol as new CEO
Starbucks has announced the appointment of Brian Niccol, the CEO of Chipotle Mexican Grill, as its new chairman and chief executive officer.
13 Aug 2024
Reliance IndustriesReliance, Disney reportedly offer to sell channels for merger approval
Reliance Industries and The Walt Disney Company have proposed to sell a portion of their channels, to accelerate the antitrust approval process for their $8.5 billion media assets merger in India, as per Reuters.
13 Aug 2024
Indian Railway Catering and Tourism CorporationIRCTC's Q1 profit surges by 33%, revenue up by 12%
The Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has reported a significant rise in its net profit for the first quarter of the fiscal year 2024-25.
