Business News

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13 Sep 2024

Boeing

Boeing union rejects tentative contract, goes on strike

In a significant development, over 30,000 members of the International Association of Machinists and Aerospace Workers (IAM) have initiated a strike against Boeing.

13 Sep 2024

Bajaj Finance

Bajaj Housing Finance IPO allotment: How to check status online

Bajaj Housing Finance's Initial Public Offering (IPO) allotment has been declared.

13 Sep 2024

Epic Games

Mass resignation: Why Annapurna Interactive's entire gaming team quit

Annapurna Interactive, a prominent video game publisher, has reportedly witnessed a mass resignation of its entire gaming staff.

13 Sep 2024

Dubai

Blackstone considers selling $7 billion visa company VFS Global 

Blackstone Inc. is reportedly contemplating the sale of its majority stake in VFS Global, a leading visa outsourcing and technology services firm.

13 Sep 2024

Startups

Nazara Tech buys 47.7% stake in PokerBaazi parent for ₹982cr

Nazara Technologies has made a significant investment of ₹982 crore in Moonshine Technology, the parent company of online poker platform PokerBaazi.

13 Sep 2024

Corning

Corning to produce Gorilla Glass in India by mid-2025

Corning, the US-based manufacturer of Gorilla Glass, has announced plans to commence production at its new manufacturing facility in Tamil Nadu by mid-2025.

13 Sep 2024

Adani Group

Switzerland freezes $310M in Adani accounts amid money laundering investigation

Swiss authorities have reportedly frozen over $310 million across multiple bank accounts, linked to an ongoing investigation into the Adani Group.

12 Sep 2024

Kim Kardashian

Take a look at Kim Kardashian's $1.7 billion fortune

Kim Kardashian, synonymous with reality TV fame and entrepreneurship, has a net worth of $1.7 billion as of September 2024.

12 Sep 2024

Government of India

Simplifying NPS enrollment: A step-by-step guide to secure your retirement

Enrolling in the National Pension System (NPS) is a wise decision for securing one's financial stability post-retirement.

12 Sep 2024

Finance

Tips for embracing green living to boost savings in India

In today's world, the concept of green living is gaining momentum in India.

12 Sep 2024

Indian Government

Harnessing solar power: Cost-effective solution for reducing electricity bills

In today's era, where energy costs are on a constant rise, finding sustainable and cost-effective solutions is crucial for financial well-being.

12 Sep 2024

Finance

Unlocking the potential of SIPs for long-term wealth in India

Systematic Investment Plans (SIPs) are a favored method for long-term wealth creation in India.

12 Sep 2024

McDonald's

Microsoft's new self-serve kioks threaten cashier jobs

McDonald's, the world's leading fast-food chain, has introduced a new digital kiosk capable of accepting cash and dispensing change.

12 Sep 2024

Surat

Is world's largest diamond trading hub facing decline? CEO answers

The Surat Diamond Bourse (SDB), touted as the world's largest diamond trading hub, has experienced a slower start than anticipated due to challenging market conditions.

12 Sep 2024

Boeing

Boeing CEO warns strike could stall recovery as tensions escalate

Boeing newly appointed CEO, Kelly Ortberg, has issued a warning to the company's largest union, the International Association of Machinists and Aerospace Workers (IAM) District 751.

12 Sep 2024

Microsoft

Microsoft lays off 650 more employees in Xbox gaming unit

Microsoft has announced the termination of approximately 650 positions within its gaming division, Xbox.

12 Sep 2024

Paytm

Paytm founder pledges profitability and regulatory compliance at AGM

Paytm's founder, Vijay Shekhar Sharma, has emphasized the company's commitment to achieving profitability and meeting regulatory compliance during its Annual General Meeting (AGM) on Thursday.

12 Sep 2024

Workplace

Laid-off Deloitte employee says ₹76L salary wasn't worth the pressure

Cierra Desmaratti (24), a former actuarial analyst at Deloitte's Chicago office, has expressed relief over her termination from the company.

12 Sep 2024

Amazon

Jeff Bezos's Miami mansion seller sues realtor for $6M

Leo Kryss, the co-founder of Brazilian toy and electronics company Tectoy, is suing real estate firm Douglas Elliman for allegedly concealing that Amazon founder Jeff Bezos was the buyer of his Miami Beach mansion.

12 Sep 2024

Health & Wellness

Durex now targets women and rural India for condom sales

Reckitt Benckiser, the global leader in condom manufacturing under its Durex brand, is shifting its marketing strategy in India.

12 Sep 2024

NASA

This is the first Indian start-up to secure NASA contract

Pixxel, a Bengaluru-based space data start-up, has made history by becoming the first Indian company to secure a contract with NASA.

12 Sep 2024

HDFC Bank

RBI warns HDFC Bank on recovery practices, fines ₹1 crore

The Reserve Bank of India (RBI) has imposed a fine of ₹1 crore on HDFC Bank for violating guidelines concerning the behavior of recovery agents.

SEBI mulls stricter rules for SME IPOs amid fraud concerns

The Securities and Exchange Board of India (SEBI) is contemplating stricter regulations for micro-cap companies planning to go public, according to Bloomberg.

12 Sep 2024

Amazon

CCI to penalize Amazon for alleged anti-competitive practices: Report

The Competition Commission of India (CCI) is preparing to impose a penalty on Amazon for alleged anti-competitive behavior, according to a Mint report.

12 Sep 2024

Bharti Airtel

Can Airtel's innovative plan put an end to spam calls?

Bharti Airtel's CEO, Gopal Vittal, has proposed a collaborative approach among Indian telecom operators to combat the growing issue of spam calls and messages.

12 Sep 2024

ChatGPT

OpenAI seeks funding at $150 billion valuation, a 74% increase

OpenAI, a leading artificial intelligence (AI) company, is reportedly in discussions to raise funds at an impressive valuation of $150 billion.

11 Sep 2024

Mark Zuckerberg

Inside Mark Zuckerberg's financial success: $177.3 billion and counting

Mark Zuckerberg, co-founder of Meta Platforms, formerly known as Facebook, has a real-time net worth of $177.3 billion as of September 4, 2024.

11 Sep 2024

Jeff Bezos

Jeff Bezos: Key moments in his net worth journey

Jeff Bezos, the founder of Amazon, has experienced dramatic fluctuations in his net worth, making headlines with each significant change.

11 Sep 2024

Tom Hanks

A glimpse into the wealth of Tom Hanks

Tom Hanks, synonymous with versatility in Hollywood, has amassed significant wealth through his career.

11 Sep 2024

PAN Card

How to master online PAN card applications

Applying for a PAN card online is a straightforward process that can save you time and effort.

11 Sep 2024

Insurance

Mastering term insurance plan decisions for young Indian adults

Choosing the right term insurance plan is a crucial decision for young adults in India.

11 Sep 2024

Finance

Tips for building emergency funds with recurring deposits

Emergency funds are crucial for covering unexpected expenses or financial emergencies in India.

11 Sep 2024

Insurance

A guide to navigating life insurance claims in India

When a loved one passes away, dealing with life insurance claims can add an extra layer of stress during an already difficult time.

Modi government rolls out 'ChatGPT for exporters'

The Indian government has launched a comprehensive trade portal, the Trade Connect ePlatform. This initiative aims to provide a wide range of information related to exports and imports.

US inflation hits 3-year low as Fed prepares rate cuts

Inflation in the US experienced a significant decrease last month, reaching its lowest point since February 2021.

11 Sep 2024

Tata Steel

Tata bags £500M from UK government for green steel project

Tata Steel has successfully secured a £500 million grant from the UK government for its green steel project in Port Talbot.

11 Sep 2024

Google Pay (Gpay)

Google Pay to soon offer UPI Circle: What is it

Google Pay is preparing to soon integrate UPI Circle, a new feature announced by the National Payments Corporation of India (NPCI) earlier this month.

Bajaj Housing Finance IPO subscribed 63x; GMP signals mega debut

The initial public offering (IPO) of Bajaj Housing Finance has concluded with an overwhelming response, amassing over ₹3 lakh crore in subscriptions.

Advance tax deadline on September 15: Who needs to pay?

The deadline for the second installment of advance tax for FY 2024-25 is fast approaching, with the due date set for September 15.

11 Sep 2024

Ashwini Vaishnaw

After Gujarat and Assam, UP to host semiconductor fabrication units

Union Minister for Electronics and IT, Ashwini Vaishnaw, has announced that Uttar Pradesh will soon be home to semiconductor fabrication facilities.