Business News
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07 Oct 2024
Federal ReserveIs US out of recession risk? Goldman Sachs weighs in
Goldman Sachs has cut the probability of the United States entering a recession in the next year from 20% to 15%.
07 Oct 2024
Tata Consultancy Services (TCS)Tech firms, start-ups resume hiring after months of mass layoffs
After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.
07 Oct 2024
Reliance JioWhy Reliance Jio is slowing down 5G expansion
Reliance Jio, in a move similar to rival Bharti Airtel, is slowing down its 5G network expansion due to low capacity utilization and pending monetization.
07 Oct 2024
United Arab EmiratesIndia-UAE to establish food corridor, investments worth $2bn expected
India and the United Arab Emirates (UAE) will soon set up a food corridor that could attract $2 billion in investments.
07 Oct 2024
Ministry of Civil AviationIndia's domestic air passenger traffic to reach 30cr by 2030
India's domestic air passenger traffic is expected to touch a whopping 30 crore by 2030, said Civil Aviation Minister K Rammohan Naidu.
07 Oct 2024
ChinaSensex nosedives 1,400 points: Key reasons behind today's market crash
The Indian stock market saw major swings on Monday, with the benchmark Sensex crashing over 1,400 points from its intraday high. The crash was triggered by a broad-based selloff.
07 Oct 2024
BengaluruZepto's new HQ will be in this Bengaluru mall
Zepto, a leading player in India's quick commerce sector, has finalized a lease agreement for its new headquarters at Total Mall in Sarjapur, Bengaluru, as per Moneycontrol.
07 Oct 2024
United States of AmericaFrom 90-hour workweeks to $9.5B: Raising Cane founder's inspiring journey
Todd Graves, the founder of Raising Cane's Chicken Fingers, has made his way into US's richest.
07 Oct 2024
Kunal KamraOla Electric's stock plunges amid CEO's spat with Kunal Kamra
Ola Electric's shares plunged 9.4% to ₹89.7 on Monday's intraday trade on the BSE.
07 Oct 2024
Ratan Tata'There's no cause of concern': Ratan Tata dismisses health rumors
Former Tata Group chairperson Ratan Tata has dismissed rumors about his ill health as untrue.
07 Oct 2024
Dharma ProductionsLucknow IPL team owner wants to acquire KJo's Dharma Productions
Saregama India Ltd, a part of the RP-Sanjiv Goenka Group, is in talks to buy a majority stake in Karan Johar's Dharma Productions, according to HT Mint.
07 Oct 2024
Stock MarketFII assets in India cross $1-trillion milestone for first time
Foreign institutional investors (FIIs) have surpassed a significant milestone in India, with their cumulative assets under custody (AUC) exceeding $1 trillion for the first time.
07 Oct 2024
Donald TrumpMusk is paying US voters $47 for signing a petition
Elon Musk's recently formed political action committee (PAC), named America PAC, is mobilizing support for certain constitutional rights through a social media campaign.
06 Oct 2024
FoxconnFoxconn's Q3 revenue hits record-high, up 20% YoY to $57.3B
Foxconn, the world's leading contract electronics manufacturer and Apple's primary iPhone assembler, has reported its highest-ever third-quarter revenue.
06 Oct 2024
Deepinder GoyalZomato had to fire complacent executives after IPO: Deepinder Goyal
Zomato's CEO, Deepinder Goyal, has revealed that he was compelled to dismiss several senior executives following the company's initial public offering (IPO) in 2021.
06 Oct 2024
State Bank of India (SBI)SBI plans to hire 10,000 employees this fiscal year
The State Bank of India (SBI), the country's largest lender, has announced plans to recruit approximately 10,000 new employees in the current fiscal year.
06 Oct 2024
Deepinder GoyalSwiggy sponsoring Shark Tank India, Zomato CEO Deepinder Goyal ousted
Swiggy, a leading food delivery platform, is on the verge of finalizing a sponsorship deal for the fourth season of Shark Tank India.
06 Oct 2024
AmulAmul sets sights on European market after US success
Amul, India's leading dairy cooperative, is preparing to enter the European market following its successful debut in the United States.
06 Oct 2024
ZomatoZomato grants ESOPs to employees worth ₹330 crore
Zomato, a leading food delivery platform, has announced the allocation of almost 12 million stock options worth ₹330.17 crore, under its Employee Stock Option Plans (ESOPs).
06 Oct 2024
HDFC BankNine of India's top 10 firms lose ₹4.75 lakh crore
Nine out of India's 10 most valuable companies experienced a significant drop in their market valuation last week, with a total loss amounting to nearly ₹4.75 lakh crore.
06 Oct 2024
Foreign InvestmentFPIs offload ₹27,142 crore in Indian equities amid geopolitical tensions
Foreign portfolio investors (FPIs) have reversed their three-month buying trend in Indian markets, becoming net sellers due to escalating geopolitical tensions.
India eyes defense equipment exports worth ₹1L crore by 2035
The Chairman of the Defence Research and Development Organisation (DRDO), Samir V Kamat, has projected that India will emerge as a top exporter of defense equipment within the next decade.
05 Oct 2024
SwiggySwiggy introduces XL EV fleet for bulk food deliveries
Swiggy, a leading food delivery platform in India, has introduced a new service called the Swiggy XL EV fleet.
05 Oct 2024
WordPressWordPress paying employees to leave if they disagree with co-founder
Matt Mullenweg, the CEO of Automattic and co-founder of WordPress, has made a unique offer to his employees.
05 Oct 2024
Adani GroupSEBI chief summoned by Parliamentary panel amid Adani controversy
The Public Accounts Committee (PAC) of the Parliament has summoned the heads of the Securities and Exchange Board of India (SEBI) and Telecom Regulation Authority of India (TRAI), for a review meeting on October 24.
05 Oct 2024
Initial Public Offering (IPO)Market correction impacts IPO sentiment, only 2 launches next week
The Indian equity market has experienced a significant correction since the beginning of October, impacting the primary market sentiment.
05 Oct 2024
SwiggySwiggy now delivers your food orders in just 10 minutes
Swiggy, a prominent food delivery platform in India, has launched a new service named Bolt.
04 Oct 2024
Initial Public Offering (IPO)What is 'Rare Club,' Swiggy's invite-only membership costing ₹50,000 annually
Swiggy, a leading food delivery platform in India, is reportedly testing an exclusive concierge membership program called "Rare Club."
04 Oct 2024
JioCinemaJioCinema ropes in YouTube's Ishan Chatterjee to lead business growth
JioCinema, the video streaming platform owned by Reliance Industries, has announced the appointment of Ishan Chatterjee as its new chief business officer.
04 Oct 2024
Nirmala SitharamanSitharaman predicts $2,000 increase in per capita income by 2029
Finance Minister Nirmala Sitharaman has projected a significant increase in India's per capita income over the next five years.
04 Oct 2024
Ratan TataRatan Tata sells 5% stake in start-up, makes 23,000% profit
Ratan Tata, the renowned Indian industrialist, has sold a 5% stake in Mumbai-based stock broking start-up Upstox.
04 Oct 2024
Elon MuskMark Zuckerberg surpasses Jeff Bezos to become world's 2nd-richest person
Mark Zuckerberg, the CEO of Meta, has surpassed Amazon founder Jeff Bezos to become the world's second-richest person.
04 Oct 2024
AppleApple India to open 4 new stores in these cities
Apple, the world's leading company by market valuation, has announced plans to expand its retail presence in India with the addition of four new stores.
03 Oct 2024
WorkplaceIndia Inc's projected salary hike for 2025 higher than 2024
A recent study by Aon, a global professional services firm, predicts that Indian companies are set to offer an average salary increment of 9.5% in 2025.
03 Oct 2024
Central GovernmentPM Internship Scheme: How to apply online and avail stipend
The Prime Minister's internship scheme, which was first revealed by Union Finance Minister Nirmala Sitharaman during her budget speech on July 23, is all set to launch its online portal today.
03 Oct 2024
AndroidHow to enable and use UPI Circle on Google Pay
Google has introduced a new feature, UPI Circle, on its Google Pay app.
03 Oct 2024
IranSensex, Nifty crash as Iran-Israel conflict unnerves investors
The rising tensions between Israel and Iran have rattled the Indian markets, leading to a sharp decline today.
03 Oct 2024
ChatGPTOpenAI raises $6.6 billion funding at record $157 billion valuation
OpenAI, the creator of ChatGPT, has successfully secured a record-breaking $6.6 billion in a recent funding round.
02 Oct 2024
Stock MarketIndian stock market investors richer by ₹110.5L crore in 2024
Indian investors have witnessed a significant increase in their wealth this year, with a surge of ₹110.57 lakh crore.
02 Oct 2024
Mumbai PoliceViagogo denies association with BookMyShow amid Coldplay ticket controversy
Viagogo, a leading ticket resale platform, has refuted claims of any association with BookMyShow.
