Business News
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29 Oct 2024
LawsuitsNow CrowdStrike is suing Delta over flight disruption claims
Cybersecurity firm CrowdStrike has filed a lawsuit against Delta Air Lines in the US District Court in Georgia.
29 Oct 2024
Reliance IndustriesJio Finance app now allows you to buy digital gold
Reliance Industries' Jio Financial Services (JFSL) has launched a new feature, SmartGold, on its JioFinance app.
29 Oct 2024
Google'Sugar daddy effect': Why some venture funds succeed, others fail
Aswath Damodaran, a well-known Professor of Finance at New York University's Stern School of Business, has brought the term 'sugar daddy effect' to the financial industry.
29 Oct 2024
IrelandTCS signs 15-year deal to digitize Ireland's pension system
Tata Consultancy Services (TCS) has won a 15-year contract to digitally transform the pension system of Ireland.
29 Oct 2024
Donald TrumpRobinhood trading app now allows betting on US election results
Robinhood, the US-based financial services company, has launched a new feature enabling users to trade contracts, based on the expected outcome of the upcoming presidential election between Donald Trump and Kamala Harris.
29 Oct 2024
BigBasketDhanteras: Blinkit, BigBasket delivering gold coins in just 10 minutes
Quick commerce platforms like Swiggy Instamart, Blinkit, BigBasket and Zepto are promising to deliver gold and silver coins to customers in 10 minutes on the occasion of Dhanteras today.
29 Oct 2024
JioThis Jio Financial-subsidiary can now operate as online payment aggregator
Jio Payment Solutions Limited (JPSL), a fully-owned subsidiary of Jio Financial Services, has received the Reserve Bank of India's (RBI) nod to operate as an online payment aggregator.
29 Oct 2024
AppleApple's iPhone 16 is now banned in Indonesia: Here's why
Indonesia has halted the marketing and sale of Apple's latest model, the iPhone 16.
29 Oct 2024
BoeingWhy Boeing has sold shares worth $21 billion
Boeing has raised nearly $21 billion through an expanded share sale, making it one of the largest capital increases by a public company.
29 Oct 2024
JP MorganJPMorgan's infinite money glitch: Customers withdrew funds before check clearance
JPMorgan Chase, the largest bank in the US, has filed a lawsuit against a number of customers for check fraud.
29 Oct 2024
AppleApple has exported made-in-India iPhones worth $6B this year
Apple's iPhone exports from India have jumped by a whopping one-third in the last six months ending September.
29 Oct 2024
BitcoinBitcoin's price touches 4-month high of $71,310: What's fueling rally?
Bitcoin's value has soared beyond the $71,000 mark for the first time since June 2024.
28 Oct 2024
BoeingBoeing initiates $19B share sale to prevent credit rating downgrade
Boeing has launched a nearly $19 billion stock sale, one of the largest ever by a public company.
28 Oct 2024
VolkswagenVolkswagen shutting 3 German factories, laying off thousands of employees
Volkswagen, Europe's largest carmaker, is planning a major restructuring involving the closure of at least three factories in Germany, and layoffs of tens of thousands of employees.
28 Oct 2024
Bharti AirtelBharti Airtel appoints COO Shashwat Sharma as new CEO
Leading telecommunications company Bharti Airtel has announced the appointment of Shashwat Sharma, as its new Managing Director and Chief Executive Officer.
28 Oct 2024
FinanceWhat is Digital Rupee? Understanding its features and advantages
Crypto is making us reimagine money, but in India, the Digital Rupee is the real game-changer.
28 Oct 2024
FinanceA guide to master health expenses with home remedies
In India, where healthcare can often be prohibitively expensive, people are increasingly relying on home remedies as a cost-effective way to treat minor ailments.
28 Oct 2024
FinanceUnveiling e-commerce transaction insurance for Indian shoppers
The digital revolution has made online shopping a way of life for Indians.
28 Oct 2024
DiwaliGold rush: Investments doubled in just 5 years
A study by Motilal Oswal Financial Services Ltd (MOFSL) has revealed that gold investments made during Diwali in 2019, have yielded returns exceeding 103% as of today.
28 Oct 2024
Bombay Stock Exchange (BSE)Waaree Energies stocks listed at 70% premium: Should you buy?
Waaree Energies Ltd made a strong debut on the stock market today, with its shares listing at ₹2,500 per stock on the National Stock Exchange (NSE).
28 Oct 2024
IndiaGold prices soar 30% since last Dhanteras: Time to invest?
Gold prices have skyrocketed nearly 30% since the last Dhanteras, on November 10, 2023. The price per 10gm has jumped from ₹60,750 to around ₹80,000.
28 Oct 2024
TataTata ventures into quick commerce category with 'Neu Flash' service
The Tata Group is gearing up to enter the fast-growing quick commerce space with a new service called 'Neu Flash.'
28 Oct 2024
AirbusIndia's first private military aircraft plant inaugurated: Why it's game-changing
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated the Tata Aircraft Complex in Vadodara.
27 Oct 2024
Indian Air ForceFirst India-made C-295 military aircraft to roll out in 2026
The first C-295 military aircraft, made in India, is likely to roll out of the Vadodara facility in September 2026.
27 Oct 2024
Reserve Bank Of India (RBI)RBI Governor bags top central banker award 2 years back-to-back
Reserve Bank of India (RBI) Governor, Shaktikanta Das, has been awarded an A+ grade in the Central Bank Report Cards 2024.
27 Oct 2024
DiwaliThese companies will be listed on stock market next week
The primary market is poised for a pause with no new initial public offerings (IPOs) lined up for the next week.
27 Oct 2024
Ratan TataRatan Tata believed Noel needed more experience to succeed him
Former Tata Sons Chairman Emeritus Ratan Tata thought his half-brother Noel Tata needed more exposure and experience to succeed him.
27 Oct 2024
IndiaIndia Inc's revenue growth dips to 16-quarter low: Report
India Inc's revenue growth has slowed to a range of 5-7% in the second quarter (Q2) of FY25, the slowest pace in the last 16 quarters.
27 Oct 2024
Mutual FundsThese mutual funds delivered up to 56% returns in 1-year
Business cycle mutual funds have emerged as a strong player in the investment sector, delivering impressive returns of between 32% and 56% over the past year.
27 Oct 2024
Bharti AirtelMarket cap of India's top 9 companies plunges ₹2L crore
Nine of India's top 10 most valued companies have witnessed a massive erosion in their market valuation last week. The total loss stands at an eye-watering ₹2,09,952.26 crore.
26 Oct 2024
EmploymentESIC records 6.8% rise in formal job creation this August
The Employees' State Insurance Corporation (ESIC) recorded a 6.8% rise in formal job creation in August, with 2.07 million jobs created.
26 Oct 2024
Foreign InvestmentFPIs sell Indian equities worth ₹85,790 crore in October
Foreign portfolio investors (FPIs) have sold Indian equities worth ₹85,790 crore in October 2024. The massive sale has wiped out a major chunk of the total inflows for the year.
26 Oct 2024
ICICI BankICICI Bank's Q2 net profit surges 14.5% to ₹11,746 crore
India's second-largest private lender, ICICI Bank, has reported a whopping 14.5% jump in its standalone net profit for the September quarter.
26 Oct 2024
CybersecurityDelta sues CrowdStrike over 'catastrophic' software update disrupting 7,000 flights
Delta Air Lines has sued cybersecurity company CrowdStrike after a global outage in July resulted in mass flight cancelations.
26 Oct 2024
Central Board of Direct Taxes (CBDT)Corporates can now file income tax return till November 15
The Central Board of Direct Taxes (CBDT) has announced a 15-day extension for submitting corporate income tax returns.
26 Oct 2024
AppleNVIDIA hits $3.53 trillion, overtakes Apple as top-valued company globally
NVIDIA has dethroned Apple to become the world's most valuable company, following an unprecedented stock rally fueled by high demand for its specialized artificial intelligence (AI) chips.
26 Oct 2024
BoeingBoeing is considering selling parts of its space business: Report
Boeing, a longtime NASA contractor, is said to be considering the sale of certain parts of its space operations.
25 Oct 2024
Ministry of FinanceFinance Ministry doubles PMMY loan limit to ₹20 lakh
The Indian Finance Ministry has announced a major hike in the loan limit under the Pradhan Mantri Mudra Yojana (PMMY).
25 Oct 2024
Reliance JioReliance Jio 'Diwali Dhamaka': Get benefits worth ₹3,350 on recharges
Reliance Jio has unveiled a new promotional scheme, the 'Diwali Dhamaka' offer, for its Indian customers.
25 Oct 2024
IndiGoIndia's top airline posts ₹987 crore loss in Q2
InterGlobe Aviation Limited, the parent company of IndiGo airline, has posted a net loss of ₹987 crore for the quarter ending September 30.