Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
04 Nov 2017
iPhoneApple shares hit record-highs, set to become first trillion-dollar company
Apple shares rose by 2% and hit record high levels yesterday with the launch of the tech giant's 10th anniversary phone, the iPhone X.
03 Nov 2017
Alibaba GroupChina's online-shopping boom continues, Alibaba has an 'outstanding quarter'
Chinese e-commerce giant Alibaba Group posted stronger-than-expected third-quarter results with a massive jump in revenue as the online shopping boom continues in China.
03 Nov 2017
IndiaWhatsApp goes down for users in India and several countries
WhatsApp remained down for users in India for over half an hour this afternoon, causing an outcry on Twitter.
03 Nov 2017
IndiaPaytm launches "Inbox" in-app messaging service to take on WhatsApp
At a time when WhatsApp is about to debut "in-chat payments feature" to take on Paytm in India, the country's largest digital wallet app has launched a messaging feature, as a direct competition to Facebook-owned messenger.
02 Nov 2017
IndiaGovernment likely to ban cryptocurrency exchanges in India
A government panel has advised the Centre to shut down cryptocurrency dealers/exchanges in a bid to curb the use of virtual currencies in India.
02 Nov 2017
IndiaSBI cuts home loans to lowest in country
In a significant move, State Bank of India (SBI) has reduced home loan rates by 0.05% to 8.3%.
02 Nov 2017
Navi MumbaiIKEA's latest India purchase: A Gurugram plot at Rs. 842cr
IKEA has purchased a 10-acre plot in Gurugram Sector 47 at Rs. 842cr from the Haryana government. This is the biggest ever deal by HUDA (Haryana Urban Development Authority).
02 Nov 2017
IndiaSpike in credit card use and outstanding amount after demonetization
Indians are using credit cards a lot more after demonetization. They also collectively owe the banks 39% more money than they did a year ago, the Reserve Bank of India recently revealed.
02 Nov 2017
FacebookThird-quarter Results: Facebook reports best quarter while Tesla, the worst!
Facebook posted its third-quarter earnings, and it looks like the social media giant has had its best quarter so far.
01 Nov 2017
Bharti AirtelTata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute
Settling its three-year-long dispute with NTT DoCoMo, Tata Sons has paid $1.2bn (144.9bn Yen) to the Japanese telco to put an end to the bitter feud over their Indian telecom joint venture, Tata DoCoMo.
01 Nov 2017
IndiaIndia breaks into top-100 in World Bank's "Doing Business" report
The World Bank's "Doing Business 2018: Reforming to Create Jobs" report has been released, and India stunned the world by jumping 30 places on the index, which ranked India 100 out of 190 countries.
31 Oct 2017
Himanta Biswa SarmaGST on restaurants to reduce, but may not benefit customers
A panel of state finance ministers headed by Assam FM Himanta Biswa Sarma had recommended that goods and services tax (GST) on restaurants be reduced from 18% to 12%.
30 Oct 2017
NetflixAmazon Prime membership for Rs. 499 only till October 31
Are you an Amazon Prime member? If not, you may want to hurry if you intend on becoming one because the e-commerce giant is doubling its membership fee from Wednesday.
30 Oct 2017
SamsungWho could succeed Kwon Oh-Hyun as Samsung CEO?
South Korean electronics giant Samsung Electronics is in a leadership crisis following CEO & Co-Vice Chairman Kwon Oh-Hyun's shocking resignation.
30 Oct 2017
IndiaDeadline for filing GSTR-2, 3 extended by a month
A week after waiving penalties on delayed filing of GST returns for August and September, the government has extended the deadline for filing GSTR-2 returns and GSTR-3 for July, to November 30 and December 11 respectively.
30 Oct 2017
IndiaACs, refrigerators, washing machines will get costlier from November
Waiting to buy home appliances in the off-season may not be such a good idea this year.
30 Oct 2017
Bharti AirtelAirtel Payments Bank gets UPI-integration: All you need to know!
India's largest telco Bharti Airtel, which forayed into banking to launch Airtel Payments Bank earlier, recently integrated Unified Payment Interface (UPI) on its payments bank platform.
30 Oct 2017
YouTubeApple sacks engineer after daughter's iPhone X video goes viral
Apple has allegedly sacked one its engineers for violating company rules.
29 Oct 2017
Larry PageAlphabet Results: Google-founders get $3.5 billion richer in a day
Google co-founders Larry Page and Sergey Brin saw a combined rise of $3.5 billion in their net-worth as Class A stocks of Alphabet, Google's parent company, hit a record-high price of $1,061 per share.
28 Oct 2017
IndiaiPhone X sold out within minutes: A redemption for Apple?
Amid dwindling sales and falling stocks, Apple might have hit gold with its latest offering: the new iPhone X, costing around Rs. 1L, was sold out within minutes of opening pre-orders.
28 Oct 2017
IndiaReliance Industries, first Indian company to hit Rs. 6-trillion market-valuation
Mukesh Ambani-led Reliance Industries Limited has reached yet another milestone by becoming the first Indian company ever to cross a market capitalization of Rs. 6-trillion.
27 Oct 2017
MicrosoftAlphabet, Amazon, Microsoft financial results: Everything you need to know
Tech giants Amazon, Google's parent Alphabet, and Microsoft have reported their third-quarter earnings.
26 Oct 2017
UberUber launches "No-Fee" credit card, offering a lot of perks!
Ride-hailing giant Uber announced its foray into the credit card business in the US in partnership with British bank Barclays and Visa at Money2020 summit in Las Vegas.
26 Oct 2017
Andhra PradeshCadbury fined Rs. 50,000 for bugs in Dairy Milk
Mondelez India Foods Pvt Ltd, the parent company of Cadbury India, has been fined Rs. 50,000 over selling bacteria-infected chocolates.
26 Oct 2017
TechnologyAmazon builds Smart Lock that lets delivery-man into your house
Amazon, one of the world's largest retailers, is taking its delivery services up a notch- now you can receive packages even when you are not home!
25 Oct 2017
Bharti AirtelBad news, Jio users! Another tariff hike likely in January
Reliance Jio users may have to pay more for data services as the telco is likely to increase tariffs every few months, says US-based Goldman Sachs.
25 Oct 2017
IndiaIndia takes step towards internet telephony, call charges to fall
Despite intense lobbying by telcos, the TRAI has finally paved the way for internet telephony in India by releasing its recommendations on the matter.
25 Oct 2017
IndiaReliance Communications to shut down 2G operations, cut several jobs
The Anil Ambani-owned Reliance Communications has reportedly decided to shut down its 2G mobile services within a month and terminate thousands of employees by 30 November.
25 Oct 2017
ChicagoWho could be Apple's next CEO? Tim Cook drops hints!
Apple boss Tim Cook has started thinking about who could succeed him as the tech-giant's CEO. It looks like he already has some names in mind.
25 Oct 2017
SmartphonesAfter Jio and Airtel, Vodafone launches smartphone at Rs. 999
After Airtel and Jio, it is Vodafone's turn to launch its own bundled smartphone offer.
24 Oct 2017
IndiaInfosys profit rises by 7% to Rs. 3,726cr in Q2
Infosys, India's second-largest IT company, reported a Rs. 3,726-crore net-profit for the July-September quarter, posting 7% Quarter-on-Quarter rise and 3% Year-on-Year increase.
24 Oct 2017
SmartphonesSteve Wozniak won't buy iPhone X on the opening day
Apple co-founder Steve Wozniak, known to upgrade his iPhones on the opening day, is in no hurry to buy the new iPhone X.
24 Oct 2017
IndiaUtterly butterly news: Indian Railways, Amul may soon work together
The Ministry of Railways is famously active on Twitter, known for promptly responding to the woes of travelers and other grievances.
24 Oct 2017
IndiaArun Jaitley talks GST, Bharatmala, affordable housing and more
At a press conference, Finance Minister Arun Jaitley reiterated the government's commitment to infrastructure development, affordable housing, a strong banking sector and more.
24 Oct 2017
XLate GST filing fees waived off for August and September
In major relief for taxpayers, the government has waived off penalties on delayed filing of GST returns for August and September.
24 Oct 2017
FacebookBengaluru AI start-up develops speech-to-text technology supporting 9 Indian languages
Bengaluru-based Liv.ai Artificial Intelligence (AI) start-up has developed a speech-recognition technology that converts speech-to-text for those who don't speak English.
22 Oct 2017
GuwahatiGST rates need complete overhaul: Revenue Secretary Hasmukh Adhia
Revenue Secretary Hasmukh Adhia said GST rates need a complete overhaul, given that the new regime is firmly implemented.
22 Oct 2017
Ratan TataHow Cyrus Mistry was fired as Tata Chairman?
On October 24, 2016, former Tata Sons chairman Cyrus Mistry was suddenly removed from his position. It was the first time Tata Sons had publicly removed a chairman.
21 Oct 2017
SmartphonesiPhone X: Apple being sued over 'Animoji' feature
A Japanese company has sued Apple in a US court over the trademark for the term "animoji" which was used by Apple to promote a feature of its iPhone X.
21 Oct 2017
Reserve Bank Of India (RBI)Linking Aadhaar to bank account is mandatory, RBI clarifies
Hours ago, media reports emerged that RBI had denied instructing banks to mandatorily link Aadhaar to accounts.
