Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

07 Sep 2024

Reliance Retail

Reliance-owned stock turns ₹1L into ₹1.1cr in 5 years

The shares of Lotus Chocolate Company have demonstrated the potential of long-term stock market investments.

06 Sep 2024

Google

Google is abusing dominance over online ads: UK competition watchdog

UK's antitrust watchdog, the Competition and Markets Authority (CMA), has accused Google of exploiting its dominant position in the digital advertising sector.

Will SEBI's new rules change the derivatives game?

The Securities and Exchange Board of India (SEBI) is preparing to enforce stricter regulations for derivative trading, in an effort to curb retail investor speculation in high-risk contracts.

06 Sep 2024

Swiggy

Ex-employee shocks Swiggy with ₹33 crore fraud

Swiggy, the Bengaluru-based food delivery giant, has reported an embezzlement case involving a former junior employee.

06 Sep 2024

Adani Group

Adani urges Bangladesh to clear power bills of $800 million

Adani Power, a subsidiary of Adani Group has pledged to maintain an uninterrupted power supply to Bangladesh, despite the country's current outstanding payments surpassing $800 million (around ₹6,714 crore).

06 Sep 2024

Indian Government

Indian government considers reducing fuel prices

The Indian government is contemplating a reduction in fuel prices, following a significant drop in global crude oil prices, according to Business Today TV.

Why 17,000 AT&T workers are on strike against telecom company

Approximately 17,000 AT&T employees in the southeast US have been on strike for three weeks now.

06 Sep 2024

India

India surpasses US to become 2nd-largest 5G smartphone market

India has surpassed the US to become the world's second-largest market for 5G smartphones, according to a report by Counterpoint Research.

06 Sep 2024

Adani Group

Paliamentary committee to investigate allegations against SEBI chief Madhabi Buch

The Public Accounts Committee (PAC) of the Indian Parliament is preparing to investigate allegations leveled against Securities and Exchange Board of India (SEBI) chief, Madhabi Puri Buch, as per the Economic Times.

06 Sep 2024

Goldman Sachs

Vi shares crash after Goldman Sachs downgrades price by 83%

Vodafone Idea's shares experienced a significant drop of 14% on Friday, falling to ₹12.91 from the previous day's closing price of ₹15.09.

06 Sep 2024

Federal Reserve

Today's US jobs report could make or break global markets

The release of the August jobs report later today is poised to significantly impact the US economy.

05 Sep 2024

Finance

Tips for building a green investment portfolio in India

Investing in green or sustainable assets is not just a trend but a shift toward responsible investing.

05 Sep 2024

BigBasket

Tata's BigBasket shifting focus to quick commerce, competing against Blinkit

Tata-owned BigBasket is set to integrate its subscription service, BBdaily, into the primary BigBasket app in the coming months.

Why SEBI workers are demanding chairperson Madhabi Buch's resignation

A significant number of Securities and Exchange Board of India (SEBI) employees staged a silent protest today at the regulator's headquarters in Mumbai.

05 Sep 2024

Infosys

Centre to act against Infosys over onboarding delays of freshers?

The Union Ministry of Labor and Employment has urged the Karnataka government to take action against Bengaluru-based IT giant Infosys, following complaints about delayed onboarding of new recruits.

05 Sep 2024

Stock Market

FIIs pump ₹25,000cr into India; IT, financials see strong buying

Foreign institutional investors (FIIs) have made a significant shift in their investment strategy, injecting ₹25,000 crore into eight Indian sectors during the second half of August.

05 Sep 2024

Cristiano Ronaldo

Take a look at Cristiano Ronaldo's real-time net worth

Cristiano Ronaldo, a name synonymous with football excellence and financial success, has an estimated net worth of $260 million as of 2024.

05 Sep 2024

Kylie Jenner

Kylie Jenner's net worth revealed

Kylie Jenner, a name synonymous with beauty and business, has carved out an empire that spans cosmetics, fashion, and social media.

05 Sep 2024

BigBasket

BigBasket accused of shortchanging: 844g onions delivered for 1kg order

BigBasket, a prominent online grocery delivery service, has been accused of delivering less than the ordered quantity.

05 Sep 2024

Reliance Jio

These Jio recharge packs are offering free Zomato Gold membership

Reliance Jio is celebrating its eighth year in business with a range of special offers for its subscribers.

05 Sep 2024

Serena Williams

Exploring Serena Williams's $340 million-worth business empire

Serena Williams, synonymous with tennis greatness, has transitioned to significant strides in business and investments.

05 Sep 2024

Insurance

Essential guide to maternity coverage in health insurance

When planning to start a family, it's crucial to consider the financial aspects involved.

05 Sep 2024

Insurance

Tips for navigating the ideal health insurance for your family

Choosing the right health insurance plan is crucial for securing your family's health and financial well-being.

05 Sep 2024

IndiGo

IndiGo brings 20% discount on services to ease rising airfares

IndiGo, India's largest airline, has announced a month-long promotional event called "Add-ons Fiesta."

05 Sep 2024

Blinkit

Zomato shares surge nearly 8%: What's driving the rally?

Zomato's share price experienced a significant boost of nearly 8% in early morning trading today, reaching ₹261.60 per share.

05 Sep 2024

Apple

Over 27,000 tech jobs slashed in August

The technology sector has witnessed a significant reduction in workforce with over 27,000 job cuts announced in August 2024.

05 Sep 2024

OpenAI

OpenAI co-founder's new safety-focused AI start-up raises $1 billion

Ilya Sutskever, the former chief scientist and co-founder of OpenAI, has successfully secured a whopping $1 billion in funding for his new artificial intelligence (AI) venture, Safe Superintelligence (SSI).

05 Sep 2024

Bengaluru

Uber rival Rapido becomes unicorn after raising $200 million

Rapido, a ride-sharing platform based in Bengaluru, has successfully raised $200 million in its latest Series E funding round.

05 Sep 2024

Karnataka

Karnataka lifts ban on SBI, PNB after recovering 'embezzled' funds

The Karnataka government has rescinded a previous directive that prohibited its departments from conducting business with the State Bank of India (SBI) and Punjab National Bank (PNB).

04 Sep 2024

HDFC Bank

India to have 200M credit cards by 2029

India's credit card industry is on a rapid growth trajectory, with projections indicating that the number of cards will reach 200 million within five years.

04 Sep 2024

Flipkart

Flipkart to create 1L new jobs this festive season

Flipkart, a leading e-commerce company in India, has announced plans to generate one lakh new jobs in the country.

04 Sep 2024

Airbus

India plans to manufacture indigenous planes within 5 years

Civil Aviation Minister K Rammohan Naidu has announced the Indian government's ambitious plan to venture into aircraft manufacturing.

04 Sep 2024

Emma Watson

Take a look at Emma Watson's net worth

Emma Watson, best known for her role as Hermione Granger in the Harry Potter series, has seamlessly transitioned from a child actress to a prominent figure in both the entertainment industry and the world of activism.

04 Sep 2024

Personal Finance

Decoding digital gold investments for Indian savers

In recent years, digital gold has emerged as a popular investment option among Indian savers.

04 Sep 2024

India

National Pension System (NPS): A retirement saving solution

The National Pension System (NPS) is a government-supported retirement plan in India, aimed at providing financial security to retirees.

04 Sep 2024

Insurance

Understanding personal accident insurance: A guide for Indians

Personal accident insurance is a safeguard for individuals against unforeseen incidents that can lead to death or disability.

04 Sep 2024

EPFO

EPS subscribers can withdraw pension from any bank starting 2025

Union Labour and Employment Minister Mansukh Mandaviya has approved the Centralized Pension Payment System (CPPS), under the Employees's Pension Scheme (EPS), 1995.

04 Sep 2024

Aadhaar Card

Tips for updating your Aadhaar card information

The Aadhaar card, a 12-digit unique identity number issued by the Unique Identification Authority of India (UIDAI), has become indispensable for Indian citizens.

Salesforce buys AI voice agent firm to enhance CX offerings

Salesforce, a leading enterprise cloud company, has announced its intention to acquire Tenyx. The latter is known for developing artificial intelligence (AI)-powered voice agents.

04 Sep 2024

India

India's climate finance contributions surpassed Ireland, Portugal in 2022: Report

India has made significant strides in climate finance, contributing $1.28 billion via multilateral development banks (MDBs) in 2022.