Business News

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

18 Sep 2024

JioMart

Get free JioAirFiber service for a year: Here's how

Reliance Jio has announced its 'Diwali Dhamaka' offer, providing new customers with a year of free JioAirFiber service.

18 Sep 2024

India

Salesforce heading toward an incredible moment in India, says CEO

Salesforce's Chairman and CEO Marc Benioff, has expressed his optimism about India's potential in the global market. He made these remarks during the annual "Dreamforce" event.

18 Sep 2024

Japan

Less than 1% of top-1,600 Japanese companies led by women

A recent survey has revealed a significant gender imbalance in Japan's corporate leadership.

18 Sep 2024

SpiceJet

SpiceJet admits to ₹350 crore unpaid TDS, PF to employees

SpiceJet, an Indian budget airline currently facing significant financial difficulties, has confessed to not paying ₹220 crore in tax deducted at source (TDS) and ₹135.3 crore in provident fund (PF) dues to employees.

18 Sep 2024

Google

Google wins appeal, EU's €1.49 billion antitrust fine dropped

Google has emerged victorious in its legal battle against a €1.49 billion antitrust fine, initially imposed by the European Commission five years ago.

18 Sep 2024

EPFO

EPFO doubles one-time PF withdrawal limit to ₹1 lakh

Union Labour Minister Mansukh Mandaviya has announced a significant increase in the withdrawal limit for Employees's Provident Fund Organisation (EPFO) subscribers.

18 Sep 2024

Pune

EY employee dies of work stress, no co-worker attends funeral

A 26-year-old chartered accountant, Anna Sebastian Perayil, who was employed at Ernst & Young (EY) in Pune, has tragically passed away due to what her mother describes as an "overwhelming workload."

18 Sep 2024

Amazon

Amazon facing class-action lawsuit for allegedly inflating Fire TV prices

Amazon is currently facing a class-action lawsuit in the US, over accusations of deceptive pricing practices.

18 Sep 2024

Microsoft

BlackRock, Microsoft to raise $30 billion for AI infrastructure development

BlackRock and Microsoft have announced a strategic partnership to raise $30 billion in private equity capital.

18 Sep 2024

Amazon

Who is Samir Kumar, Amazon India's new country manager

Amazon has announced the appointment of Samir Kumar as its new country manager for India. This development comes in the wake of Manish Tiwary's resignation from the position.

18 Sep 2024

Asia

India topples China to lead MSCI Emerging Markets index

India has outperformed China to become the world's largest MSCI Emerging Markets (EM) market, according to the latest data from the MSCI EM Investable Market Index (IMI).

17 Sep 2024

India

India's gold imports surge to record $10 billion in August

India's gold imports have reached a new high of $10.06 billion in August, more than doubling the previous year's figure of $4.93 billion, as per the Commerce Ministry data.

17 Sep 2024

Microsoft

Satya Nadella describes Microsoft's productivity problem: '85% employees feel overworked'

Microsoft CEO Satya Nadella has shed light on a "productivity paradox" currently impacting the company.

17 Sep 2024

Insurance

Navigating retirement insurance solutions in India

Planning for retirement is vital for financial security and is often overlooked in India.

17 Sep 2024

Mutual Funds

Practical tips for retirement planning for millennials in India 

Retirement planning can seem overwhelming for millennials in India, who often balance multiple financial responsibilities.

17 Sep 2024

Insurance

Understanding riders and their potential advantages in life insurance

Life insurance is essential in financial planning, offering security to policyholders and their families.

17 Sep 2024

Cryptocurrency

Meet World Liberty Financial, Donald Trump's new cryptocurrency venture

Former US President Donald Trump, along with his sons and a team of entrepreneurs, has launched a new cryptocurrency platform named World Liberty Financial.

17 Sep 2024

Microsoft

Ex-Microsoft employee shares career lessons: Skills matter, not background

Rajat Garg, a former Microsoft India employee and now an entrepreneur, has shared valuable career insights on LinkedIn.

17 Sep 2024

Rupert Murdoch

Who will control Murdoch media empire? High-stakes court battle begins

A high-stakes legal dispute over the future of Rupert Murdoch's media empire, and a billion dollar family trust has commenced in the US.

'That was sexism...': Melinda Gates exposes gender bias in philanthropy

Melinda French Gates, renowned philanthropist and former wife of Microsoft co-founder Bill Gates, has opened up about her encounters with sexism during their joint philanthropic endeavors.

17 Sep 2024

Mark Zuckerberg

EssilorLuxottica extends smart glasses agreement with Meta by 10 years

EssilorLuxottica, a global leader in eyewear, has announced the extension of its partnership with Meta for another 10 years.

17 Sep 2024

Bajaj Auto

'Buy' rating, 50% upside: Goldman Sachs bullish on Ola Electric

Goldman Sachs, a leading global investment banking firm, has projected a significant growth trajectory for Ola Electric over the next three years.

17 Sep 2024

India

Indians earning over ₹10cr annually up 63% in 5 years

A report by Centrum Institutional Research, has revealed a significant rise in the number of Indians with high annual incomes.

17 Sep 2024

Intel

Intel to spin off chipmaking business amid financial struggles

Intel has announced its decision to spin off its chipmaking division, a move aimed at reversing significant financial losses and a declining stock price.

17 Sep 2024

Inflation

Wholesale inflation in India cools down to 1.31% in August

India's wholesale inflation has dipped below 2% for the first time in four months. The decrease is attributed to a reduction in commodity and food prices.

17 Sep 2024

Amazon

Amazon mandates 5 days a week in office from 2025

Amazon has announced a significant policy change, requiring its employees to return to the office five days a week starting January 2, 2025.

Tupperware prepares to file for bankruptcy amid declining demand

Tupperware Brands, a household name in food storage for nearly a century, is preparing to file for bankruptcy, as per Bloomberg.

PN Gadgil Jewellers's shares debut at 73% premium on NSE

PN Gadgil Jewellers's shares made a remarkable debut on the National Stock Exchange (NSE) today, listing at ₹830 per share. This represents a substantial premium of 72.91% over the issue price.

16 Sep 2024

Startups

Modi government launches BHASKAR, a centralized digital start-up registry

Union Minister Piyush Goyal has launched the Bharat Startup Knowledge Access Registry (BHASKAR).

16 Sep 2024

Myntra

You can now get deliveries from Myntra in 4 hours

Myntra, India's leading fashion e-commerce platform, is testing a four-hour delivery service in select Indian cities.

16 Sep 2024

California

17,000 ATT workers end one of longest telecom strikes ever

AT&T and the Communications Workers of America (CWA) have successfully concluded negotiations, marking the end of a month-long strike involving approximately 17,000 employees.

16 Sep 2024

Samsung

100 Samsung workers, leaders arrested amid labor disputes in India

In a significant development, 100 striking employees and union leaders from Samsung have been arrested in India.

16 Sep 2024

India

Tips for crafting affordable travel budgets with domestic tourism

Exploring the beauty of India doesn't have to drain your savings.

16 Sep 2024

Insurance

A guide to writing effective insurance complaint letters in India

When you face issues with your insurance policy or service, writing a complaint letter can be a crucial step toward resolution.

16 Sep 2024

Nirmala Sitharaman

Modi government to launch NPS-Vatsalya scheme on September 18

Finance Minister Nirmala Sitharaman will inaugurate the NPS-Vatsalya scheme in Delhi on September 18.

16 Sep 2024

Insurance

Mastering health insurance basics for Indian families

Navigating through the maze of health insurance options can be daunting for many Indian families.

Northern Arc Capital IPO fully subscribed, GMP signals 66% premium

Northern Arc Capital's initial public offering (IPO) has been fully subscribed on the first day of bidding.

16 Sep 2024

Government of India

A guide to India's E-Shram portal: Registration and benefits

The E-Shram portal is a recent initiative by the government of India aimed at creating a national database of unorganized workers.

16 Sep 2024

Stock Market

Around 400 stocks hit 1-year highs in stock market today

The Indian stock market witnessed a significant surge today with nearly 387 stocks reaching their fresh 52-week highs during intraday trade on BSE.

16 Sep 2024

Narendra Modi

Modi unveils ₹12,000 crore plan for hydropower at REInvest 2024

Prime Minister Narendra Modi has unveiled an ambitious plan to boost India's renewable energy sector. The strategy was announced at the REInvest 2024 summit today.