Business News
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22 Aug 2024
PaytmZomato acquires Paytm's entertainment ticketing business for ₹2,048 crore
Zomato has announced the acquisition of Paytm Insider, the entertainment and events ticketing subsidiary of One 97 Communications Limited (OCL), for a deal worth ₹2,048.4 crore.
21 Aug 2024
FinanceUnderstanding Employee Provident Fund (EPF) in India
The Employee Provident Fund (EPF) is a government-initiated scheme in India.
21 Aug 2024
Mutual FundsUnderstanding SIP: A beginner's guide
Investing often appears daunting for many, especially when faced with the vast array of options in the market.
21 Aug 2024
InflationUnderstanding inflation's role in insurance costs
Inflation is a term that often surfaces in financial discussions, affecting various sectors of the economy, including the insurance industry.
21 Aug 2024
Layoff NewsOver 1.3L tech employees laid off in 2024
The technology industry is experiencing a significant surge in layoffs this year, with over 1.32 lakh job cuts reported across 404 companies.
21 Aug 2024
JapanIndia to overtake Japan as third-largest consumer market by 2026
UBS Securities, a global brokerage firm, has projected that India will surpass Japan to become the world's third-largest consumer market by 2026.
21 Aug 2024
IndiaDecathlon to invest ₹933cr in India to expand store network
Decathlon, the renowned French sporting goods retailer, has announced plans to invest €100 million (around ₹933 crore) in India over the next five years.
21 Aug 2024
Piyush GoyalRapid e-commerce growth could cause 'huge social disruption': Piyush Goyal
Union Commerce Minister Piyush Goyal has raised concerns, about the potential societal implications of the rapid expansion of e-commerce companies in India.
21 Aug 2024
National Stock ExchangeZerodha ends commission sharing for popular referral program: Here's why
Zerodha, a leading stockbroker in India, has announced its decision to discontinue the practice of sharing brokerage revenue for demat account referrals.
21 Aug 2024
GoogleGoogle's 'arbitrary, monopolistic actions' are harming Indian start-ups: Anupam Mittal
Anupam Mittal, the founder of Shaadi.com, has criticized Google for its alleged 'arbitrary and monopolistic actions.'
21 Aug 2024
Anil AmbaniReliance Power's stocks up 21% in 4-days: What's fueling rally?
Anil Ambani-owned Reliance Power, has witnessed a significant 21.5% increase in its share value over the past four trading sessions, to touch ₹36.14 today.
21 Aug 2024
Elon MuskMusk's X sued for $61 million over unpaid IT bills
Elon Musk's social media company, X Corp, is facing a $61 million lawsuit filed by Taiwanese IT infrastructure provider Wiwynn.
21 Aug 2024
StarbucksStarbucks CEO to commute 1,600km by private jet, thrice weekly
Brian Niccol, the newly appointed CEO of Starbucks, has chosen not to relocate to Seattle, where the company's headquarters are located.
21 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Polygon
Bitcoin has slipped 2.93% in the past 24 hours to trade at $59,378.92. It is 2.56% lower than the week before.
21 Aug 2024
AnthropicAI unicorn, backed by Google and Amazon, faces copyright battle
Anthropic, one of the world's hottest AI start-ups, is facing legal action from three authors who allege that their copyrighted work was unlawfully used to train the company's artificial intelligence (AI) model, Claude.
21 Aug 2024
Reserve Bank Of India (RBI)RBI Governor Shaktikanta Das ranked world's best central banker again
Reserve Bank of India (RBI) Governor, Shaktikanta Das, has been recognized as the world's leading central banker for the second year in a row by Global Finance magazine.
20 Aug 2024
EPFOEPFO's membership base grows 8% YoY to 1.93M in June
The Employees' Provident Fund Organisation (EPFO) has reported a significant growth in its membership base, with an addition of 1.93 million members in June 2024.
20 Aug 2024
BYJU'SSC to hear BYJU'S insolvency case on August 22
The Supreme Court has dismissed a plea from BYJU'S, aimed at preventing the formation of a creditors' committee.
20 Aug 2024
FinanceLeveraging monsoon season for savings and investment in India
The monsoon season in India is not just a relief from the summer heat.
20 Aug 2024
FinanceUnderstanding endowment policies in India
Endowment policies are a popular insurance product in India, offering both savings and life cover benefits.
20 Aug 2024
BharatPeBharatPe now offers secured loans to merchant partners in India
BharatPe, a prominent fintech firm, has announced its entry into the secured loans sector in India on its platform.
20 Aug 2024
Competition Commission of IndiaReliance-Disney merger in India will hurt competition, says CCI
The Competition Commission of India (CCI) has raised concerns about the potential anti-competitive effects of the proposed $8.5 billion merger between Reliance and Walt Disney.
20 Aug 2024
Google'Deadlift ETF': Analysis links weightlifting CEOs to strong company performance
Are muscle and money corelated? A study done by multimillionaire entrepreneur and developer Pieter Level has linked CEO fitness with company performance.
20 Aug 2024
ChinaChinese couples are hiring 'parents' to raise kids
China's affluent families are opting for "professional parents," highly trained child companions who cater to their children's academic, emotional, and daily needs.
20 Aug 2024
AfricaExporters concerned as monkeypox crisis threatens to disrupt India-Africa trade
Indian exporters are closely monitoring the escalating monkeypox (mpox) crisis in Africa, a key market for India's exports.
20 Aug 2024
Carl PeiNothing ends work-from-home policy, asks employees who disagree to leave
Carl Pei, the CEO of British tech start-up Nothing, has announced a shift in the company's workplace policy.
20 Aug 2024
AppleGeneral Motors fires over 1,000 techies, US team hit hardest
General Motors (GM), a leading US automaker, is set to lay off over 1,000 software engineers worldwide.
20 Aug 2024
United KingdomWho's Mike Lynch, UK's Bill Gates missing in superyacht sinking?
Mike Lynch, a prominent figure in the UK's technology sector, is currently unaccounted for following the sinking of a superyacht off Sicily's coast.
20 Aug 2024
AppleApple's made-in-India iPhone Pro, Pro Max are coming this year
Apple is set to produce its premium iPhone Pro and Pro Max models in India for the first time this year, according to Bloomberg.
20 Aug 2024
GoProGoPro lays off 15% of its workforce amid restructuring efforts
GoPro, the renowned action camera manufacturer, has announced plans to reduce its workforce by approximately 15% this year. It will impact around 139 jobs.
20 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Polygon, Solana
Bitcoin has climbed 4.12% over the last 24 hours, trading at $60,942.80. It is 3.07% higher than previous week.
20 Aug 2024
Donald TrumpMusk as minister? Trump says he's open to the idea
Republican presidential candidate Donald Trump has expressed his willingness to consider Tesla CEO Elon Musk for a cabinet position or advisory role, if he wins the 2024 election.
20 Aug 2024
BoeingBoeing halts 777X flight tests due to structural damage
Boeing has announced a temporary halt to the flight tests of its 777X aircraft, following the discovery of structural damage.
20 Aug 2024
GoogleEx-Google CEO's start-up to build AI-powered attack drones for Ukraine
Billionaire Eric Schmidt, the former CEO and Chairman of Google, has revealed that his new start-up, White Stork, will develop artificial intelligence (AI)-powered attack drones for Ukraine.
19 Aug 2024
National Company Law TribunalPine Labs gets NCLT approval to relocate to India
Pine Labs, a leading payments company, has received approval from the National Company Law Tribunal (NCLT) to merge its Indian and Singaporean entities.
19 Aug 2024
Reserve Bank Of India (RBI)RBI's net forex sales reach $2.11 billion in June
The Reserve Bank of India (RBI) has reported a net sale of $2.11 billion in the spot foreign exchange market for June, according to its monthly bulletin released today.
19 Aug 2024
Alibaba GroupMajor investor to sell Zomato shares worth over ₹3,400 crore
Antfin Singapore Holding, a subsidiary of the Alibaba Group, is preparing to divest a 1.54% stake in Zomato.
19 Aug 2024
InsuranceZerodha's Nithin Kamath advises against ULIPs as investment option
Nithin Kamath, the founder of Zerodha, has expressed skepticism about the effectiveness of Unit-Linked Insurance Plans (ULIPs) as an investment strategy.
19 Aug 2024
Securities and Exchange Board of IndiaSEBI classifies dues worth ₹76,293cr as 'difficult to recover'
The Securities and Exchange Board of India (SEBI) has classified dues worth ₹76,293 crore as "difficult to recover" (DTR) at the end of March 2024.
19 Aug 2024
Personal FinanceTips to master mobile wallet management in India
In today's digital age, mobile wallets have become an indispensable part of daily transactions for many in India.
