Business News
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29 Dec 2024
Indian GovernmentPM Internship Scheme receives over 6L applications for 1.27L opportunities
The Indian government has been inundated with an overwhelming response to the Prime Minister's Internship Scheme.
29 Dec 2024
HBOCharles Dolan, founder of HBO and Cablevision, dies at 98
Charles Dolan, the visionary behind many of US's top media firms including Home Box Office (HBO) and Cablevision Systems Corp, has passed away at the age of 98.
29 Dec 2024
HDFC BankSix top Indian firms add ₹86,848cr to market cap
Six of India's most valued companies have together added a whopping ₹86,848 crore to their market capitalization last week.
28 Dec 2024
Ratan TataRatan Tata's 85th birthday: A look at his remarkable career
The late Ratan Naval Tata, the ex-Chairman of Tata Sons, was one of the most respected names in the world of business.
28 Dec 2024
Bharat Sanchar Nigam LimitedBSNL may lay off around 19,000 employees via VRS
The Department of Telecommunications (DoT) is planning to propose a second voluntary retirement scheme (VRS) for Bharat Sanchar Nigam Limited (BSNL).
28 Dec 2024
OpenAIOpenAI outlines plans to transition into a for-profit company
OpenAI, the leading artificial intelligence (AI) research lab, has outlined its plans to become a for-profit entity.
28 Dec 2024
Ola ElectricTwo top executives at Ola Electric resign amid company restructuring
Leading Indian electric vehicle (EV) manufacturer Ola Electric has announced the resignations of its Chief Marketing Officer (CMO) Anshul Khandelwal, and Chief Technology Officer (CTO) Suvonil Chatterjee.
27 Dec 2024
Reserve Bank Of India (RBI)India's forex reserves decline to 7-month low of $644B
India's foreign exchange (forex) reserves have witnessed a steep fall, hitting a low not seen in over seven months.
27 Dec 2024
Indian GovernmentBudget 2025: India may simplify taxes for foreign semiconductor firms
The Indian government is considering a revision to the Income Tax Act in the upcoming 2025 budget.
27 Dec 2024
Reserve Bank Of India (RBI)You can now use prepaid wallets via any UPI app
The Reserve Bank of India (RBI) has made a significant move by allowing Unified Payments Interface (UPI) payments to and from prepaid payment instruments (PPIs) through third-party applications.
27 Dec 2024
Blinkit2024's top-selling items on Blinkit, Zepto, Instamart: Chips, colas etc.
In 2024, the landscape of quick commerce in India has been dominated by a surprising array of products, with chips, colas, and condoms emerging as top sellers on Blinkit, Zepto, and Swiggy Instamart.
27 Dec 2024
Indian GovernmentI-T relief expected in 2025: Which income group will benefit?
The Indian government is reportedly considering a reduction in income tax rates for the upcoming 2025-26 Union Budget, particularly for individuals earning up to ₹15 lakh annually.
27 Dec 2024
Reserve Bank Of India (RBI)9th consecutive decline! Indian rupee hits record low of ₹85.73/dollar
The Indian rupee has witnessed a sharp fall against the US dollar, hitting a fresh low of ₹85.73 on Friday.
27 Dec 2024
Initial Public Offering (IPO)Unimech Aerospace IPO allotment today: How to check status online
Unimech Aerospace and Manufacturing is finalizing the allotment of its initial public offering (IPO) today.
27 Dec 2024
N ChandrasekaranTata Group plans to create 500,000 jobs in 5 years
Tata Group, led by Chairman N Chandrasekaran, has announced ambitious plans to create half a million jobs over the next five years.
27 Dec 2024
StartupsNazara increases stake in subsidiary Absolute Sports with ₹73cr investment
Leading gaming platform company Nazara Technologies has announced that it has acquired an additional 10.26% stake in its subsidiary Absolute Sports.
27 Dec 2024
Mental Health70-hour work debate: Zoho CEO calls for balance over burnout
Sridhar Vembu, the CEO of software giant Zoho Corporation, has thrown his weight behind the idea of a 70-hour work week. The idea was first introduced by Infosys co-founder Narayana Murthy.
27 Dec 2024
Bombay Stock Exchange (BSE)MEGA debut! Mamata Machinery shares list at whopping 147% premium
Mamata Machinery, a leading packaging machinery manufacturer, has made an impressive debut on the National Stock Exchange(NSE) today.
27 Dec 2024
SwiggySwiggy Instamart 2024 trends: Bengaluru's top spending will surprise you
Swiggy's quick commerce platform, Instamart, has shared its annual report for 2024. The numbers showcase some interesting consumer spending patterns and trends from January 1 to December 1.
27 Dec 2024
Manmohan SinghINR devaluation to 9% GDP: Manmohan Singh's critical economic reforms
Manmohan Singh, the architect of India's economy and former Prime Minister, has died at the age of 92.
26 Dec 2024
StartupsOnce a unicorn, PharmEasy is now valued at just $450M
PharmEasy, one of the leading Indian online pharmacies, has witnessed a major drop in its valuation.
26 Dec 2024
Employees' Provident Fund Organisation (EPFO)ELI scheme: EPFO extends UAN activation deadline to January 15
The Employees's Provident Fund Organization (EPFO) has extended the deadline for Universal Account Number (UAN) activation and Aadhaar seeding of bank accounts under the Employment Linked Incentive (ELI) scheme to January 15, 2025.
26 Dec 2024
Bombay Stock Exchange (BSE)Unimech Aerospace IPO: GMP surges as listing enters last day
Unimech Aerospace's initial public offering (IPO) closes for subscription today. The public issue opened on December 23 with an aim to raise ₹500 crore.
26 Dec 2024
StartupsIndian start-ups have created 1.6M jobs, says government
The Department for Promotion of Industry and Internal Trade (DPIIT) revealed that start-ups in India have created more than 1.6 million jobs.
26 Dec 2024
Ather EnergyIndian EV sector funding declines by over 27% in 2024
India's electric vehicle (EV) sector has witnessed a sharp decline in funding, with investments falling from $934 million in 2022 to $586 million in 2024, according to data from Venture Intelligence.
26 Dec 2024
InflationGold outperforms Sensex and Nifty with 27% returns in 2024
Gold has been the star performer in the financial market this year, yielding almost 27% returns. The performance beats leading stock market indices including Nifty 50, Sensex and and even the S&P 500.
25 Dec 2024
Initial Public Offering (IPO)Indo Farm Equipment: Key details about last IPO of 2024
Indo Farm Equipment Limited will launch its initial public offering (IPO) on December 31, making it the last public issue of 2024 in India.
25 Dec 2024
Stock MarketFPIs offload Indian equities worth ₹18,450 crore in 7 sessions
Foreign portfolio investors (FPIs) continued their selling spree for the seventh consecutive session, offloading stocks worth ₹2,454.2 crore on Tuesday, as per data from the National Stock Exchange (NSE).
25 Dec 2024
AsiaGlobal recession in 2025? Rising inflation, geopolitics fuel economic uncertainty
As 2025 nears, worries of a possible global recession are growing louder. This is because a few major economies are showing evident signs of stress.
25 Dec 2024
India60% of Indian homebuyers to be millennials, Gen-Z by 2030
According to a report by global real estate services firm JLL, millennials and Gen Z are expected to make up around 60% of new homebuyers in India by 2030.
25 Dec 2024
InflationBudget 2025: Economists urge Modi to cut income tax rates
Leading economists have urged Prime Minister Narendra Modi to consider slashing income tax rates in the upcoming Budget 2025.
25 Dec 2024
Initial Public Offering (IPO)DAM Capital Advisors IPO: Latest GMP hints at blockbuster listing
DAM Capital Advisors's initial public offering (IPO) received overwhelming response from investors, with an overall subscription of 81.88 times by the end of final day on December 23.
25 Dec 2024
Indian Rupee (INR)Indian rupee in freefall? Why it keeps hitting record lows
The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the six straight session of decline for the currency.
25 Dec 2024
Reserve Bank Of India (RBI)RBI spent $44.5B to protect Indian rupee's value in October
The Reserve Bank of India (RBI) invested a whopping $44.5 billion in forward and spot currency markets to strengthen the Indian rupee in October, the central bank's latest monthly bulletin has revealed.
24 Dec 2024
SwiggySwiggy to hire 1L women delivery partners by 2030
India's leading food delivery platform Swiggy has announced its ambitious plan to hire at least one lakh women as delivery partners by 2030.
24 Dec 2024
Federal ReserveWhy JPMorgan and Citigroup are suing US Federal Reserve
Several leading US banks and business associations have sued the US Federal Reserve, contesting the existing annual bank stress test processes.
24 Dec 2024
IndiaSmall businesses in India created 11M jobs in 2023-24
India's small business sector, which includes manufacturing, trade, and services, has witnessed tremendous growth.
24 Dec 2024
Baba RamdevWhy Dabur has sued Patanjali over Chyawanprash ad
Dabur, one of the leading consumer goods companies, has filed a lawsuit against Patanjali Ayurved in the Delhi High Court.
24 Dec 2024
ChinaChina to increase fiscal deficit, boost spending to strengthen economy
In a bid to support its ailing economy, China has announced plans to raise its fiscal deficit and boost spending next year.
24 Dec 2024
Bharti AirtelTRAI mandates telecom firms to offer voice, SMS-only recharge plans
The Telecom Regulatory Authority of India (TRAI) has updated its tariff guidelines, asking mobile service providers to launch recharge plans exclusively for voice calls and SMS.
