Business News

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21 Sep 2024

Boeing

Boeing's space and defense chief Ted Colbert resigns

Boeing has announced the immediate departure of Ted Colbert, the head of its Defense, Space & Security division.

21 Sep 2024

Elon Musk

Cards Against Humanity sues SpaceX for $15M over property damage

Cards Against Humanity, the company behind the popular card game of the same name, has filed a lawsuit against SpaceX.

21 Sep 2024

Intel

Qualcomm is planning a takeover of Intel: Report

Qualcomm, a leading name in the chip industry, is reportedly contemplating a takeover of Intel, according to The Wall Street Journal.

Swiggy plans to file $1.4 billion IPO this weekend: Report

Swiggy, a leading food and grocery delivery platform in India, is set to file its draft red herring prospectus (DRHP) this weekend, as per Moneycontrol.

20 Sep 2024

Finance

Unraveling home insurance myths for Indian homeowners

In India, home insurance is often misunderstood, leading to homeowners either overpaying for coverage they don't need or skipping insurance entirely.

20 Sep 2024

Finance

Understanding group health insurance for Indian employees

Group health insurance is a pivotal benefit offered by many employers in India, providing medical coverage to employees and often their families.

20 Sep 2024

Government of India

Guide to obtaining a birth certificate in India

Navigating the process of obtaining a birth certificate in India can seem daunting at first. However, with the right information and guidance, it becomes a straightforward task.

20 Sep 2024

India

India ranks among most overworked nations: International Labor Organization

India has been identified as one of the most overworked countries among the top 10 economies in the world, according to the International Labour Organization (ILO).

20 Sep 2024

EdTech

Edtech giant PhysicsWallah raises $210 million at $2.8 billion valuation

PhysicsWallah, a leading edtech company, has successfully secured $210 million in its Series B funding round.

20 Sep 2024

Tata

Tata Group, Analog Devices plan joint venture for chip production

Tata Group, a leading Indian conglomerate, is reportedly in advanced discussions with Analog Devices Inc. (ADI), an American multinational semiconductor company, for a joint venture.

20 Sep 2024

Ashneer Grover

Ashneer Grover's relative arrested in BharatPe's ₹81cr fund misappropriation case

The Economic Offences Wing (EOW) of the Delhi Police has apprehended Deepak Gupta, a relative of ex-BharatPe Managing Director and co-founder, Ashneer Grover.

20 Sep 2024

Sensex

Sensex and Nifty scale new peaks: What's driving this surge?

India's stock market benchmarks, the Sensex and the Nifty 50, have achieved new record highs today.

20 Sep 2024

Nike

Nike CEO John Donahoe to retire, company veteran steps in

John Donahoe, the current CEO of Nike, has announced his retirement effective from October 13, the world's largest sportswear company confirmed this in a statement.

20 Sep 2024

OpenAI

OpenAI's $6.5B funding round oversubscribed, investors await selection

OpenAI, a prominent artificial intelligence (AI) start-up, is nearing the conclusion of its latest fundraising round.

19 Sep 2024

Cryptocurrency

Binance accuses WazirX of misleading customers after $230 million hack

Binance, a leading global cryptocurrency exchange, has accused WazirX and its founder Nischal Shetty of providing misleading information to their customers.

19 Sep 2024

Rishabh Pant

Rishabh Pant invests ₹7.4 crore in SaaS start-up TechJockey

Indian cricketer Rishabh Pant has invested ₹7.40 crore in TechJockey.com, an online software marketplace.

19 Sep 2024

Nintendo

Nintendo, Pokemon Company sue 'Palworld' creator over patent infringement

Nintendo and The Pokemon Company have initiated legal proceedings against Pocketpair Inc., the Tokyo-based creator of the popular survival adventure game "Palworld."

19 Sep 2024

Bengaluru

Bengaluru's millionaire population surges by 120% in a decade

Bengaluru, often dubbed as India's Silicon Valley, has witnessed a significant surge in its millionaire population over the past decade.

19 Sep 2024

Fintech

NPCI may raise market share cap for UPI payment operators

The National Payments Corporation of India (NPCI), the regulatory body responsible for overseeing India's Unified Payments Interface (UPI) system, is reportedly considering a revision of its proposed market share cap for UPI operators.

19 Sep 2024

Bharti Airtel

Bharti Airtel nears ₹10 lakh crore m-cap amid stock surge

Bharti Airtel, a leading telecommunications service provider in India, has seen its share price reach an all-time high of ₹1,675 per share. This represents a significant increase of 62% in 2024 alone.

19 Sep 2024

Boeing

Boeing furloughs thousands of employees due to ongoing strike

Boeing, the US-based aerospace giant, has initiated a temporary furlough of thousands of its executives, managers, and other staff members.

19 Sep 2024

Bharti Airtel

Setback for Airtel, Vi as SC rejects AGR review plea

The Supreme Court has dismissed a plea by telecommunication companies, including Bharti Airtel and Vodafone Idea, requesting a re-computation of adjusted gross revenue (AGR) dues.

19 Sep 2024

Employment

How Fed's first rate cut in years affects global economy

The US Federal Reserve has declared a significant reduction in its principal lending rate, marking the first such move since the COVID-19 pandemic.

19 Sep 2024

Insurance

Understanding life insurance claim rejections

When a family faces the loss of a loved one, a life insurance policy acts as a crucial financial safety net.

19 Sep 2024

Finance

Tips for crafting your first investment portfolio in India

Investing can be a daunting task, especially for beginners.

19 Sep 2024

Government of India

Navigating education loans for Indian students

Education loans have become a cornerstone for many Indian students aspiring to pursue higher education, both domestically and internationally.

19 Sep 2024

Finance

Decoding digital lending platforms for Indian borrowers

In recent years, digital lending platforms have revolutionized the way Indians borrow money.

19 Sep 2024

Government of India

Navigating marriage certificate registration in India

Marriage certificate registration in India is a legal necessity for newly married couples.

19 Sep 2024

Bitcoin

Bitcoin surges 2.5% as US Federal Reserve slashes interest rates

Bitcoin's value has experienced a significant increase following the US Federal Reserve's decision to cut borrowing rates.

18 Sep 2024

McDonald's

TCS partners with McDonald's Philippines to digitize over 760 outlets

Tata Consultancy Services (TCS), India's leading IT services provider, has inked a two-year contract with McDonald's Philippines.

18 Sep 2024

Google

Google challenges £7B UK lawsuit over alleged search market dominance

Alphabet, the parent company of Google, has requested a London tribunal to dismiss a collective lawsuit that accuses it of exploiting its supremacy in the online search market.

18 Sep 2024

Qualcomm

Qualcomm's appeal against €242M antitrust fine dismissed by EU court

Tech giant Qualcomm's attempt to overturn a European Union (EU) antitrust penalty, was dismissed by the General Court today.

18 Sep 2024

Madhuri Dixit

Madhuri Dixit buys Swiggy shares worth ₹1.5cr ahead of IPO

Bollywood actress Madhuri Dixit, has acquired shares in food and grocery delivery platform Swiggy, ahead of its upcoming initial public offering (IPO).

SBI Chairman explains why RBI won't cut rates in 2024

The Reserve Bank of India (RBI) is not expected to reduce the benchmark policy rate (repo rate) this year due to uncertainties surrounding food inflation, according to State Bank of India (SBI) Chairman CS Setty.

18 Sep 2024

Apple

Xiaomi surpasses Apple to become world's #2 smartphone brand

Xiaomi has surpassed Apple to secure the position of the world's second-largest smartphone brand in August 2024, as per Counterpoint Research.

18 Sep 2024

Mutual Funds

Decoding gold investments for long-term wealth in India

Gold has always been a symbol of wealth and prosperity in India.

18 Sep 2024

Insurance

A guide to understanding insurance premiums for Indian consumers

Insurance premiums, the payments made to insurance companies for coverage, ensure financial safety against unforeseen events.

18 Sep 2024

Insurance

Health insurance portability: Smooth transitions and enhanced benefits 

Health insurance portability allows policyholders to switch their health insurance providers without losing the benefits accrued from their current policies.

18 Sep 2024

Accenture

Accenture postpones promotions to June 2025 amid industry downturn

Accenture, a leading player in the global consultancy sector, has announced a six-month delay in the majority of its staff promotions.

18 Sep 2024

Inflation

Price hikes for essential commodities this festive season? Government's answer 

The government has assured citizens that there will be no price hikes for essential commodities during the upcoming festive season.