Business News
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11 Sep 2024
MumbaiUber Black returns to offer premium rides in India
Uber has announced the relaunch of its premium service, Uber Black, in India.
11 Sep 2024
United KingdomUK: PwC to track employee locations amid stricter return-to-office policy
PricewaterhouseCoopers (PwC), one of the world's leading consulting and accounting firms, has announced plans to track its employees' locations in the UK.
11 Sep 2024
Samsung ElectronicsSamsung to layoff up to 30% workforce in some divisions
Samsung Electronics is reportedly planning a significant reduction of its global workforce across various sectors.
11 Sep 2024
Gautam AdaniPM Modi sets $500B target for electronics sector by 2030
Prime Minister Narendra Modi has outlined an ambitious plan to boost India's electronics sector to a staggering $500 billion and create six million jobs by the end of this decade.
11 Sep 2024
Elon MuskOptimus robots could help save Tesla over $500M annually
Tesla, the renowned electric vehicle manufacturer led by Elon Musk, is making significant strides in its robotics division.
11 Sep 2024
Ministry of FinanceMTNL might be declared NPA due to loan default
Mahanagar Telephone Nigam Limited (MTNL) is facing a severe financial crisis after defaulting on its loan repayments.
11 Sep 2024
WiproWipro's Thierry Delaporte was India's highest-paid CEO in FY24
Thierry Delaporte, the former CEO of Wipro, has emerged as the highest-paid executive among Nifty 50 companies in India for FY24.
11 Sep 2024
MicrosoftEx-Sony boss says laid-off game developers should 'drive an Uber'
Chris Deering, the former President of Sony's Computer Entertainment division in Europe, has offered unconventional advice to game developers recently laid off by the company.
11 Sep 2024
GoogleGoogle to pay $100/ton for capturing its CO2 emissions
Google has entered into a $10 million agreement with Holocene, a rising star in the CO2 removal industry.
11 Sep 2024
IndiaIndia's first green hydrogen valley to come up in Pune
Gensol Engineering Ltd has announced its successful bid, to create India's inaugural green hydrogen valley project in Pune.
11 Sep 2024
Larsen & ToubroL&T enters semiconductor industry with $300 million fabless chip company
Larsen & Toubro (L&T) is set to invest over $300 million in the establishment of a fabless chip company, as part of India's drive to develop a domestic semiconductor industry.
11 Sep 2024
Congress PartyHindenburg calls out SEBI chief for silence on serious allegations
Hindenburg Research, a US-based short seller, has accused Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch of not responding to allegations of conflict of interest.
11 Sep 2024
SamsungSamsung India to lay off over 200 executives
Samsung Electronics is preparing to lay off more than 200 executives in India, according to the Economic Times.
11 Sep 2024
Initial Public Offering (IPO)InMobi secures $100M to fuel AI growth ahead of IPO
InMobi, a leading Indian adtech startup, has successfully secured $100 million in debt financing. The funding was provided by Mars Growth Capital, a collaboration between MUFG and Liquidity Group.
10 Sep 2024
FinanceHome decor brand Nestasia secures $8.35 million in funding
Nestasia, a leading home decor and lifestyle brand, has successfully raised $8.35 million in a recent funding round.
10 Sep 2024
Air India ExpressAir India Express to remove business class seats next year
Air India Express, a subsidiary of the Tata Group, is preparing to eliminate business class seats from its aircraft in 2025.
10 Sep 2024
SwiggySwiggy Instamart now delivers groceries in 42 Indian cities
Swiggy's quick commerce platform, Swiggy Instamart, has announced its expansion into 10 new Indian cities.
10 Sep 2024
Robert Downey Jr.Robert Downey Jr.'s journey: From rising star to Hollywood icon
Robert Downey Jr., synonymous with Hollywood success, has journeyed from early fame and personal challenges to becoming one of the industry's top stars.
10 Sep 2024
Dwayne JohnsonRevealing Dwayne Johnson's financial success
Dwayne Johnson, known as The Rock, is the world's highest-paid actor. His roles in Black Adam and Red Notice have bolstered his status.
10 Sep 2024
FinanceDeciphering gold investment strategies for Indian investors
Gold has always been a coveted asset in India, not just for its cultural significance but also as a reliable investment option.
10 Sep 2024
Personal FinanceUnderstanding the benefits of gold loans in India
In Indian households, gold is not just a cultural icon but also an economic asset. In financial need, it's more than an ornament, it's a lifeline.
10 Sep 2024
FinanceNavigating the perks of the Public Provident Fund (PPF)
The Public Provident Fund (PPF) scheme is a popular long-term investment option in India, offering tax benefits, security, and attractive interest rates.
10 Sep 2024
Indian GovernmentA guide to applying for the PM Kisan Scheme
The PM Kisan Scheme is a significant initiative by the Indian government, aimed at providing financial support to small and marginal farmers across the country.
10 Sep 2024
GoogleGoogle's appeal against €2.4B antitrust fine dismissed by EU court
Google has failed to overturn a 2017 antitrust decision by the European Commission.
10 Sep 2024
MalaysiaPolio survivor who ran roadside stall becomes Malaysia's newest billionaire
Lee Thiam Wah, the 60-year-old polio survivor and founder of 99 Speed Mart, has become Malaysia's latest billionaire following his company's successful initial public offering (IPO).
10 Sep 2024
iPhoneApple loses decade-long tax dispute in EU, owes €13 billion
Apple has suffered a significant setback in its long-standing tax dispute with the European Union (EU).
10 Sep 2024
Indian GovernmentSEBI chief accused of earning ₹3cr via her advisory firm
SEBI Chairperson Madhabi Puri Buch, is facing allegations from Congress leader Pawan Khera, in relation to her advisory firm, Agora Private Limited.
10 Sep 2024
CanadaChina surprises with strong exports, imports reflect weak domestic demand
China, the world's second-largest economy, has witnessed a significant surge in its exports.
10 Sep 2024
BengaluruInfosys co-founder Kris Gopalakrishnan is now richer than Narayana Murthy
The Hurun India Rich List 2024 has revealed that Senapathy 'Kris' Gopalakrishnan, a co-founder and former CEO of Infosys, has surpassed fellow co-founder N Narayana Murthy in terms of wealth.
10 Sep 2024
Indian Air ForceTata, Lockheed Martin to manufacture C-130J Super Hercules in India
Lockheed Martin and Tata Advanced Systems Limited (TASL) have forged a new partnership aimed at bolstering India's defense and aerospace capabilities.
10 Sep 2024
GSTGST Council September meet: What got cheaper and costlier
The Goods and Services Tax (GST) Council has announced significant reductions in taxes on various goods and services.
10 Sep 2024
SwiggySwiggy now plans to raise $600 million via its IPO
Swiggy is contemplating a significant increase in its initial public offering (IPO).
09 Sep 2024
CybercrimesLiminal Custody denies role in $230 million hack, blames WazirX
Liminal Custody, a digital asset custodian, has refuted allegations of its involvement in the $230 million cyberattack that took place on July 18, 2024.
09 Sep 2024
IndiaIndia to soon be among top 3 global markets: Amway
Amway, a leading direct-selling company, anticipates that India will rise to be one of its top three global markets within the next five years.
09 Sep 2024
GSTGST Council postpones decision on oil and gas contract taxation
The Goods and Services Tax (GST) Council has postponed its decision regarding the taxation of oil and gas exploration contracts.
09 Sep 2024
IKEAIKEA to open smaller stores in India, expand online presence
IKEA, the world's largest furniture retailer, is preparing for its second phase of growth in India.
09 Sep 2024
GSTGST Council postpones decision on health, life insurance premiums
The Goods and Services Tax (GST) Council has deferred its decision, on potentially reducing the tax rate for health and life insurance premiums, as reported by ET NOW.
09 Sep 2024
BookMyShowBookMyShow, IndiGo join forces to boost live event attendance
BookMyShow, India's leading entertainment platform, has joined forces with IndiGo, the nation's largest airline.
09 Sep 2024
IndiaStreamlining passport application process in India
Applying for a passport in India can often seem like a daunting task due to the paperwork and procedures involved.
09 Sep 2024
Retail SectorFrench retailer Carrefour to re-enter Indian market after a decade
French retail giant Carrefour is set to make a comeback in the Indian market after a decade-long absence.
