Business News

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09 Sep 2024

China

Foreign investors can now open fully-owned hospitals in China

China will now permit foreign investors to operate fully-owned luxury hospitals in select cities like Beijing, Shanghai, and Guangzhou.

09 Sep 2024

Federal Reserve

Is US heading toward a recession? Know what Barclays thinks

Pooja Sriram, a leading US economist at Barclays, has expressed confidence in the resilience of the American economy.

09 Sep 2024

Mobikwik

Why MobiKwik has discontinued instant withdrawals in P2P lending

MobiKwik Xtra, a peer-to-peer (P2P) lending investment product, has suspended its 'anytime withdrawal' feature.

09 Sep 2024

Ather Energy

Ola-rival Ather Energy files for IPO, aims to raise ₹3,100cr

Ather Energy, a leading Indian electric two-wheeler manufacturer, has submitted a draft red herring prospectus for an initial public offering (IPO), to the Securities and Exchange Board of India (SEBI).

09 Sep 2024

Google

Google facing new antitrust lawsuit over ad tech monopoly

Google is facing a fresh antitrust lawsuit, following a judge's ruling last month that labeled its search engine as an illegal monopoly.

09 Sep 2024

Boeing

Boeing dodges another bullet, avoids strike with 25% pay increase

Boeing has successfully negotiated a deal with its workers to prevent a potentially damaging strike.

09 Sep 2024

Gujarat

Suzlon shares surge after securing India's largest wind energy order

Suzlon Energy's shares have witnessed a significant 3% surge, reaching a day's high of ₹77.18 on the BSE today.

09 Sep 2024

Income Tax Return

Waiting on your ITR refund? Know reasons behind the delay 

Many taxpayers in India are currently experiencing delays in receiving their income tax refunds, leading to frustration and confusion.

09 Sep 2024

Bill Gates

Bill Gates (68) plans to work for another 20-30 years

Microsoft co-founder Bill Gates has expressed his desire to continue working for another two to three decades.

09 Sep 2024

China

For first time, made-in-India iPhone 16 ships globally at launch

Apple is preparing for the global launch of its iPhone 16 series, which will be produced in India and available worldwide shortly after release.

Bajaj Housing Finance IPO now open, GMP signals blockbuster listing

Bajaj Housing Finance Ltd. (BHFL) has launched its initial public offering (IPO) today, aiming to raise ₹6,560 crore.

09 Sep 2024

Harry Potter

Take a look at Daniel Radcliffe's real-time net worth

Daniel Radcliffe, renowned for his role as Harry Potter, has evolved from a child star to a versatile actor in both film and theater.

09 Sep 2024

Personal Finance

Tips for balancing festive expenses with saving goals

In India, festivals are times of joy and celebration but often bring financial stress.

09 Sep 2024

Personal Finance

Navigating tax-saving investments in India

Every year, as the fiscal year concludes, taxpayers in India rush to make investments that can save them taxes.

09 Sep 2024

Insurance

Navigating health insurance for Indian families

Choosing the right health insurance for your family is crucial in safeguarding their health and financial well-being.

09 Sep 2024

Jennifer Lawrence

Jennifer Lawrence: A glimpse into her wealth

Jennifer Lawrence, once the world's highest-paid actress, has made a significant mark in Hollywood.

09 Sep 2024

Lady Gaga

Take a look at Lady Gaga's real-time net worth

Lady Gaga, born Stefani Joanne Angelina Germanotta, has profoundly impacted music and celebrity net worth.

08 Sep 2024

Boeing

Boeing may face strike as union negotiations reach critical stage

Boeing, the world's largest aerospace company, is currently engaged in crucial contract discussions with its biggest union.

08 Sep 2024

Bhavish Aggarwal

Ola Electric's shares to be in limelight tomorrow: Here's why

Shares of Ola Electric are set to attract significant attention tomorrow, as the company's share lock-in period concludes.

08 Sep 2024

Adani Group

Adani Group establishes subsidiary in China for supply chain solutions 

Adani Group, a leading Indian conglomerate, has established a new subsidiary in China.

08 Sep 2024

Indian Government

India, UAE to reassess trade agreement amid import concerns

India and the United Arab Emirates (UAE) are set to reassess their Comprehensive Economic Partnership Agreement (CEPA) this week, according to Reuters.

08 Sep 2024

Reliance Industries

Market cap of India's top 8 firms down ₹2L crore

Eight of India's top 10 most valued companies, saw a significant decrease in their combined market valuation last week.

08 Sep 2024

Swiggy

Modi government partners with Swiggy to boost employment, skill development

Swiggy, the Bengaluru-based quick commerce and food delivery giant, has announced a strategic partnership with the Ministry of Skill Development and Entrepreneurship (MSDE).

08 Sep 2024

Donald Trump

Trump threatens '100% tariff' on nations ditching Dollar for trade

Donald Trump, the Republican US presidential nominee, has issued a stern warning to countries considering abandoning the US Dollar for trade, according to Bloomberg.

08 Sep 2024

Finance Secretary

Tuhin Kanta Pandey appointed as India's new Finance Secretary

Tuhin Kanta Pandey has been appointed as the new Finance Secretary of India.

08 Sep 2024

GST

GST Council to discuss tax on insurance premiums, e-gaming tomorrow

The Goods and Services Tax (GST) Council, led by Finance Minister Nirmala Sitharaman, will discuss potential changes in the taxation of insurance premiums and online gaming tomorrow.

08 Sep 2024

Elon Musk

Elon Musk refutes claims of Tesla's revenue-sharing deal with xAI

Elon Musk, the founder of EV manufacturer Tesla and artificial intelligence start-up xAI, has dismissed a report suggesting that his two companies are in negotiations over a revenue-sharing agreement.

07 Sep 2024

Finance

119 million Indians actively monitoring their credit scores: Report

A recent report by TransUnion CIBIL, a leading credit information agency, reveals that as of March 2024, approximately 119 million Indians were actively tracking their CIBIL scores.

07 Sep 2024

India

FPIs pour ₹11,000 crore into Indian market this September

Foreign portfolio investors (FPIs) have demonstrated robust confidence in the Indian market, investing a total of ₹11,030 crore in the first week of September.

07 Sep 2024

HDFC Bank

Your EMIs on loans from HDFC Bank may go up

HDFC Bank has announced an increase in the marginal cost of funds-based lending rate (MCLR) for a three-month tenure by five basis points.

India's private credit market touches $6bn in H1 2024

India's private credit market experienced a significant surge in the first half of 2024 (H1 CY2024), with investments reaching $6 billion, according to a report by EY.

07 Sep 2024

BYJU'S

BYJU'S reacts to auditor's resignation amid insolvency, calls it 'escapist'

BDO (MSKA & Associates), the auditing firm for Indian edtech giant BYJU'S, has resigned amid allegations of a lack of transparency and cooperation from the company's management.

07 Sep 2024

Adani Group

Indian Semiconductor Mission may get $10 billion funding boost

The Indian Semiconductor Mission (ISM) is reportedly set to receive a significant funding increase of $10 billion, according to The Economic Times.

07 Sep 2024

GST

Payment aggregators receive GST notices for transactions below ₹2,000

Leading payment aggregators BillDesk and CCAvenue have been issued notices by the Goods and Services Tax (GST) authorities.

07 Sep 2024

Bajaj Finance

Bajaj Housing Finance IPO set to launch on Monday

Bajaj Housing Finance Limited (BHFL) is set to launch its initial public offering (IPO) on September 9, marking the largest IPO of 2024.

Wockhardt refutes Congress's allegations of rent payments to SEBI chief

Pharmaceutical giant Wockhardt has rejected allegations made by the Congress party, regarding illicit rental payments to Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch.

Indian IPO market to witness 13 new issues next week

The Indian initial public offering (IPO) market is set for a record-breaking week, with 13 new IPOs scheduled to launch.

07 Sep 2024

Google

Google to face penalties for search monopoly by next August

A US federal judge, Amit P. Mehta, has set a deadline of August 2025 to determine the penalties for Google's internet search monopoly.

07 Sep 2024

NVIDIA

NVIDIA's market value plummets by $406 billion amid economic concerns

NVIDIA, the world's leading artificial intelligence (AI) chipmaker, has experienced a significant loss in its market value.

07 Sep 2024

BYJU'S

BYJU'S auditor MSKA resigns amid unresolved financial issues

MSKA & Associates, the auditing firm for Indian edtech giant BYJU'S, has resigned as the company's statutory auditor.