Business News

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08 Feb 2025

Apple

Ex-Apple engineer apologizes for leaking confidential information to journalists

Andrew Aude, a former iOS engineer at Apple, has publicly apologized for leaking confidential company information to journalists.

OpenAI co-founder Ilya Sutskever's AI start-up eyes $20B valuation

Safe Superintelligence (SSI), an AI start-up co-founded by OpenAI's former chief scientist Ilya Sutskever, is in talks to raise funds at a valuation of at least $20 billion, according to Reuters.

08 Feb 2025

Meta

Meta to start laying off employees worldwide from Monday

Meta Platforms, the parent company of Facebook, will embark on a global layoff drive starting this Monday.

07 Feb 2025

Finance

Don't throw away e-waste, you can make money off it 

In India, the fast-paced progression of technology has resulted in a significant rise in electronic waste, or e-waste.

07 Feb 2025

Startups

All about lease financing in India 

Lease financing is booming in India, emerging as the go-to option for businesses aiming to optimize their asset management and financial strategies.

07 Feb 2025

Finance

How India is funding smart cities 

In India, the Smart Cities Mission aims to build sustainable, inclusive cities with core infrastructure, a clean environment, and a high quality of life.

07 Feb 2025

Finance

Sports endorsements are taxed the way income is: Details here 

In India, sports endorsements have become a lucrative income stream for athletes.

07 Feb 2025

Finance

A guide to maritime industry financing in India 

Financing in the maritime industry is a crucial element for the expansion and sustainability of operations within this sector.

07 Feb 2025

Finance

Balanced funds v/s PPF: The difference is clear 

In India's financial planning landscape, investing plays a crucial role.

07 Feb 2025

Finance

If you have foreign assets or income, read this 

In a world where side gigs and global investments are the norm, many Indians are raking in income from foreign sources—whether through overseas jobs, stocks, or real estate.

07 Feb 2025

Finance

ELSS v/s PPF: Which one to choose? 

Tax season in India feels like a high-stakes cricket match—everyone's looking for the best strategy to save big!

07 Feb 2024

Finance

Can 'co-living' save you taxes? The answer might surprise you 

In India's fast-paced urban landscapes, co-living spaces are increasingly becoming the go-to option for young working professionals and students.

07 Feb 2025

OpenAI

Conman Sukesh Chandrasekhar proposes $1B investment in OpenAI's Indian operations

Sukesh Chandrasekhar, a man currently embroiled in legal troubles over alleged fraud, has offered a $1 billion investment in OpenAI.

07 Feb 2025

Ola Electric

Ola Electric's Q3 loss widens to ₹564cr, revenue down 19%

Ola Electric has reported a massive jump in its net loss for the third quarter of FY25.

RBI's repo rate cut may impact fixed deposit interest rates

The Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the repo rate by 25 basis points.

07 Feb 2025

Paytm

Paytm allots over 1.36L equity shares under ESOP plan

One97 Communications, the parent company of Indian fintech giant Paytm, has issued 1,36,528 equity shares to qualifying employees under its employee stock option plan (ESOP).

07 Feb 2025

Layoff News

Sprinklr lays off 500 employees due to weak business performance

US-based customer experience management platform provider Sprinklr has confirmed that it has laid off nearly 15% of its workforce.

07 Feb 2025

Ratan Tata

Who is Mohini Mohan Dutta—inheriting over ₹500cr from Ratan Tata?

The recent revelation of Ratan Tata's will has unveiled an unexpected beneficiary, Mohini Mohan Dutta.

07 Feb 2025

Adar Poonawalla

Adar Poonawalla acquires 20% stake in online auction house AstaGuru

Adar Poonawalla, a well-known art and fine collectibles aficionado, has made a strategic investment via his family office to buy around 20% stake in AstaGuru.

07 Feb 2025

Infosys

Why Infosys has laid off 400 trainees in Mysuru

Infosys, a leading software company, is firing around 400 trainees from its Mysuru campus, according to Moneycontrol.

Your home loan EMI is about to become cheaper

The Reserve Bank of India's (RBI) recent move to cut the repo rate by 25 basis points, from 6.5% to 6.25%, is likely to give a boost to the real estate sector.

07 Feb 2025

Bengaluru

DTDC will now deliver your parcels in just 2-4 hours

Popular courier service DTDC has announced the launch of its 2-4 hour and same-day delivery services in India.

RBI introduces 'bank.in' domain to boost internet banking security

The Reserve Bank of India (RBI) has announced new measures to make internet banking safer in India.

07 Feb 2025

OpenAI

OpenAI co-founder joins ex-CTO Mira Murati's secret start-up

John Schulman, a co-founder of OpenAI, has moved to a new role at ex-CTO Mira Murati's stealth start-up, according to Fortune.

RBI reduces repo rate for first time in 5 years

Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced a cut in interest rates.

07 Feb 2025

Meta

Meta sued by former director over sexual harassment, gender discrimination

Kelly Stonelake, a former director at Meta and one of its earliest employees, has sued the company in Washington.

06 Feb 2025

Insurance

Exploring community health insurance in Indian villages

High costs and limited facilities make accessing healthcare a significant challenge in many Indian villages, often discouraging individuals from seeking timely medical assistance.

06 Feb 2025

Finance

SCSS v/s PPF: Which one to choose

In India, when it comes to preparing for retirement, two investment options stand out: the Senior Citizens' Savings Scheme (SCSS) and the Public Provident Fund (PPF).

06 Feb 2025

Insurance

Insurance claim rejected? These steps can save your case

Dealing with an insurance claim rejection can be a stressful experience for policyholders.

06 Feb 2025

Finance

Co-living gone wrong? Insurance to the rescue

In India, co-living spaces provide budget-friendly housing options for young professionals and students, while nurturing a sense of community.

06 Feb 2025

Insurance

Sneaker lovers, here's why you need insurance right now 

In the past few years, sneaker collecting has become a huge thing among fashion-conscious Indians.

06 Feb 2025

Deepinder Goyal

Why Zomato changed its name to 'Eternal'

Leading online food delivery firm Zomato has officially rebranded itself as Eternal, and the company's board has approved the same.

06 Feb 2025

Bharti Airtel

Bharti Airtel's Q3 net profit soars by 505% to ₹14,781cr

Bharti Airtel has posted a whopping 505% jump in its net profit for the quarter ending December 31, 2024.

06 Feb 2025

Finance

Have you heard about hyperlocal savings? Well, you must

In India's vast and diverse landscape, hyperlocal savings schemes are the unsung heroes of financial empowerment.

06 Feb 2025

Finance

Beat bad exchange rates! Travel smarter with these pro tips 

Planning an international trip means grappling with exchange rates.

06 Feb 2025

Finance

Crafting digital footprint reduction plans to save money

In the modern digital era, our online lives, from impulsive purchases to forgotten subscriptions, can add up quickly, creating a significant impact on our monthly budgets.

06 Feb 2025

Finance

Crafting digital content creation as a side income in India

In the modern digital landscape, crafting online content has become a profitable side hustle for a rising number of Indians.

06 Feb 2025

Finance

If you are a tenant, read to know your rights

Renting a property in India is not as straightforward as it might seem.`

06 Feb 2025

Insurance

For coastal residents: The ultimate guide to typhoon insurance

Residing on India's beautiful coastline comes with its own set of difficulties, especially when cyclone season arrives.

06 Feb 2025

Finance

Crafting tips on financial independence for stay-at-home spouses

Financial independence is key for everyone, including stay-at-home spouses in India.