Business News
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04 Dec 2024
Disney+ HotstarJioHotstar domain finally belongs to Mukesh Ambani's Viacom18
Mukesh Ambani-owned Viacom18 Media Pvt Ltd has finally managed to acquire the domain name 'JioHotstar.com.'
04 Dec 2024
MicrosoftMicrosoft sued for £1B in UK for 'punishing' cloud practices
Microsoft is being sued in the UK for more than £1 billion ($1.27 billion) in damages.
04 Dec 2024
DeepMindOpenAI poaches 3 AI experts from rival Google DeepMind
OpenAI, the leading artificial intelligence (AI) research lab, has managed to poach three senior engineers from its rival Google DeepMind.
04 Dec 2024
AppleApple proposes $1B investment in Indonesia to lift iPhone ban
In a bid to get its iPhone 16 sales unbanned in Indonesia, Apple has pitched a $1 billion investment plan to the Indonesian government.
03 Dec 2024
US GovernmentBiden administration approves $1.2 billion helicopter equipment sale to India
In a major boost to India's defense capabilities, the Joe Biden administration has approved a landmark defense deal with India, estimated at $1.17 billion.
03 Dec 2024
Reserve Bank Of India (RBI)Is RBI Governor Shaktikanta Das staring at an exit?
The future of Reserve Bank of India (RBI) Governor Shaktikanta Das is under the scanner amid one of the biggest GDP growth misses in recent Indian history.
03 Dec 2024
ChinaIndia is Bulgari's new target for luxury growth
With demand for luxury goods in China falling due to an economic downturn, Bulgari, the luxury jewelry brand owned by LVMH, is looking toward India to make up for the loss.
03 Dec 2024
ChinaChina retaliates against US over its new semiconductor export restrictions
The Chinese government has voiced its displeasure over the latest US-imposed export controls on American-made semiconductors.
03 Dec 2024
AppleTesla's Chinese rival BYD now assembles iPads for Apple
BYD, China's top electric vehicle (EV) maker and rival to Elon Musk-owned Tesla, has expanded its portfolio by venturing into the assembly of Apple's iPads.
03 Dec 2024
Jeff BezosBezos backing AI chipmaker that wants to take on NVIDIA
Amazon founder Jeff Bezos has invested in Tenstorrent, an artificial intelligence (AI) chip start-up.
03 Dec 2024
IIT MadrasIIT-Madras student bags ₹4.3cr job offer from Wall Street firm
An Indian Institute of Technology (IIT) Madras student has bagged a pre-placement offer (PPO) worth over ₹4.3 crore from Jane Street, a top Wall Street trading firm.
03 Dec 2024
GSTSin tax surge: Cigarettes, aerated drinks may face 35% GST
The Group of Ministers (GoM) has suggested increasing the Goods and Services Tax (GST) on aerated beverages, cigarettes, and tobacco products.
03 Dec 2024
GermanyWhy workers at Volkswagen's factories in Germany are on strike
Volkswagen, Europe's largest car manufacturer, is facing major disruptions as workers have gone on strike at nine of its factories in Germany.
03 Dec 2024
Elon MuskSpaceX could soon be worth $350B thanks to this deal
SpaceX, the trailblazing aerospace manufacturer and space transportation company headed by Elon Musk, is said to be mulling a tender offer that could boost its valuation to nearly $350 billion, according to Bloomberg.
03 Dec 2024
Adani GroupAdani firms make settlement offers in SEBI's public shareholding probe
Several entities linked to the Adani Group have filed settlement applications with the Securities and Exchange Board of India (SEBI) over allegations of violating public shareholding norms.
03 Dec 2024
IntelIntel ousts CEO Pat Gelsinger as chipmaker struggles with recovery
Intel has announced the departure of CEO Pat Gelsinger after nearly four years in the role. The decision follows significant declines in Intel's stock price and market share, along with concerns over his inability to counter NVIDIA's dominance.
03 Dec 2024
Elon MuskElon Musk's Tesla pay package, now worth $101B, rejected again
A Delaware judge has rejected Tesla CEO Elon Musk's $56 billion compensation package, even though shareholders had approved it in June.
02 Dec 2024
Indian GovernmentIndia to shift GDP base year from 2011-12 to 2022-23
The Indian government is set to revise the base year for calculating Gross Domestic Product (GDP) from 2011-12 to 2022-23.
02 Dec 2024
Donald TrumpIndian Rupee hits all-time low against US Dollar
The Indian Rupee (INR) has hit a record low against the US Dollar, sliding 13p to reach 84.73 today.
02 Dec 2024
SwiggySwiggy's 10-minute food delivery service 'Bolt' now in 400+ cities
Swiggy has announced the expansion of its rapid food delivery service, Bolt, to more than 400 cities across India.
02 Dec 2024
Bombay High CourtBombay HC bars Pune eatery from using 'Burger King' name
The Bombay High Court has passed an interim order, restraining a Pune-based restaurant from using the name "Burger King."
02 Dec 2024
GoogleIndia issues contempt notice to Sundar Pichai over YouTube video
Google CEO Sundar Pichai has been issued a contempt notice by a Mumbai court after YouTube failed to comply with an order to take down a defamatory video.
02 Dec 2024
Indian GovernmentModi government removes windfall tax on ATF, petrol and diesel
The Indian government has abolished the windfall tax on aviation turbine fuel (ATF), crude products, as well as diesel and petrol.
02 Dec 2024
Info EdgeNaukri.com owner files FIR against Housing.com founder Rahul Yadav
Info Edge, owner of Naukri.com, has filed a First Information Report (FIR) against Housing.com founder Rahul Yadav and top executives of 4B Networks.
02 Dec 2024
Fiat ChryslerStellantis CEO abruptly resigns as car sales decline
In a surprising turn of events, Carlos Tavares, the CEO of global automobile giant Stellantis, has resigned.
02 Dec 2024
Indian GovernmentModi government mulls ₹9,000cr plan to boost EV battery production
The Indian government is said to be mulling a ₹9,000 crore plan, to boost the production of critical battery components for electric vehicles (EVs) and clean energy systems.
02 Dec 2024
GSTGST collection this November up 8.5% YoY to ₹1.8L crore
India's Goods and Services Tax (GST) collection for November has increased by 8.5%, amounting to ₹1.82 lakh crore, government data released on Sunday revealed.
01 Dec 2024
Elon MuskWhy Musk doesn't want OpenAI to become a for-profit company
Elon Musk has filed a fresh motion in his ongoing lawsuit against OpenAI, TechCrunch reported.
30 Nov 2024
KarnatakaHero to invest ₹11,000cr in Karnataka, create 3,000 jobs
Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Karnataka government.
30 Nov 2024
NissanNissan CFO to step down as automaker confronts multiple challenges
Stephen Ma, the Chief Financial Officer (CFO) of Nissan Motor Company, is readying to leave his post, according to Bloomberg.
30 Nov 2024
Indian GovernmentVolkswagen India facing tax evasion charges, penalties could reach $2.8B
Volkswagen's Indian subsidiary, SKODA Auto Volkswagen India, has been accused by the Indian government of evading $1.4 billion in taxes.
29 Nov 2024
India PostHow to get a new PAN card instantly on email
The Income Tax Department has launched a new facility for taxpayers, allowing them to get their Permanent Account Number (PAN) through email.
29 Nov 2024
Indian GovernmentIndia to introduce new GDP, CPI series by February 2026
India will introduce a new series of Gross Domestic Product (GDP) and Consumer Price Index (CPI) by February 2026, Saurabh Garg, Secretary of the Ministry of Statistics and Programme Implementation (MoSPI), announced on Friday.
29 Nov 2024
Air India'Six months is reasonable'—Air India CEO on Boeing aircraft delay
Air India's CEO Campbell Wilson has admitted a delay in delivery of 50 "white-tail" aircraft from Boeing.
India's Q2 GDP growth shrinks to 5.4%, lowest in 7-quarters
India's Gross Domestic Product (GDP) growth fell to a seven-quarter low of 5.4% in the second quarter of FY25, data released by the Ministry of Statistics and Programme Implementation today showed.
29 Nov 2024
EPFOSoon, you'll be able to withdraw your PF via ATMs
The Indian government is gearing up to launch the EPFO 3.0 plan, a major upgrade to the current provident fund system.
29 Nov 2024
Czech RepublicGlobal financial crisis looming? Poland buys 100 tons of gold
Poland's central bank has set a new record by becoming the world's largest buyer of gold, purchasing 100 tons of the precious metal.
29 Nov 2024
G Kishan ReddyIndia launches first-ever auction of offshore mineral blocks worth $18B
India has launched the auction of its first tranche of offshore mineral blocks, marking the country's initial foray into deep-sea exploration.
29 Nov 2024
Amazon Great Indian FestivalAmazon India's first-ever 'Black Friday' sale now live: Check deals
Amazon India has kicked off its first-ever 'Black Friday' sale, a globally celebrated shopping event.
29 Nov 2024
Competition Commission of IndiaCCI orders probe against Google over WinZO's antitrust complaint
The Competition Commission of India (CCI) has launched an investigation against Google after it was accused of antitrust violations.
