Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
15 Nov 2017
South KoreaSamsung worker dies from brain tumor, questions raised over safety
South Korea's Supreme Court has ruled that a Samsung factory worker's death from a brain tumor was the result of an occupational disease.
15 Nov 2017
IndiaThis company is making India ready for 'Electric vehicle' revolution
India is slowly-but-surely laying groundwork for electric vehicles (EVs).
15 Nov 2017
Bharti AirtelTelecom mass layoffs: 75,000 employees lost jobs in one year
Thousands of people working in India's telecom industry are grappling with massive job losses. The sector lost a fourth of its three-lakh workforce in the last 12 months.
14 Nov 2017
IndiaXiaomi becomes India's top smartphone seller, along with Samsung
China's Xiaomi now shares the "No. 1 spot" in India's smartphone sales with South Korean giant Samsung, according to research firm International Data Corporation (IDC) India.
14 Nov 2017
iPhoneApple to launch 3 full-screen iPhone X-style phones in 2018
It's been only a few days since the iPhone X release, and rumors about its successors have already started to emerge.
13 Nov 2017
Bharti AirtelVodafone, Idea to sell mobile-towers to ATC for Rs. 7,850cr
Ahead of their merger, Vodafone India and Idea Cellular have signed an agreement with a subsidiary of American Tower Corporation (ATC) separately to sell their respective standalone mobile tower businesses for Rs. 7850cr (combined).
13 Nov 2017
WalmartUS man wins $7.5mn verdict against Walmart over watermelon injury
An Alabama man recently won a $7.5 million verdict against Walmart over a hip injury he suffered while buying watermelons at the global retail giant in 2015.
13 Nov 2017
Bharti AirtelBharatNet second phase launched: Jio pays highest fee
The government launched BharatNet's phase II to provide high-speed broadband connections to all panchayats by 2019-end.
13 Nov 2017
IndiaIndian start-up 'Buttalks' is helping men buy better underwear
At a time when internet-based companies are changing the way Indians pay bills, buy groceries, and commute, three Chennai-based entrepreneurs (Brijesh Devareddy, Surej Salim, and Manish Kishore) are using an e-commerce platform to help Indian men buy better underwear.
13 Nov 2017
JapanUber seals multi-billion dollar investment from Japan's SoftBank
Ride-hailing giant Uber has sealed a massive multi-billion dollar investment from Japanese technology conglomerate SoftBank.
12 Nov 2017
Alibaba GroupSingles' Day: Alibaba generates $25.3bn sales; more than Iceland's GDP
Chinese e-commerce giant Alibaba's Singles' Day on 11th November saw the company make around 168.2 billion yuan ($25.3 billion) in sales - more than Iceland's GDP - in just 24-hours.
11 Nov 2017
Arun Jaitley23rd GST Council Meeting: GST return filing deadlines extended
In the 23rd GST Council Meeting convened at Guwahati, Finance Minister Arun Jaitley-led panel made several changes to ease the taxpayers' pain.
11 Nov 2017
FacebookHow can WhatsApp generate revenue for Facebook?
Facebook-owned messaging app WhatsApp has one of the world's largest user-bases with over 1.3 billion users.
10 Nov 2017
IndiaKarnataka government approves IT employees' union, what does it mean?
At a time when India's Information Technology employees are grappling with job losses, Karnataka's massive IT-sector is going to witness some drastic changes.
10 Nov 2017
IndiaGST Council: Only 52 of 227 Items remain under 28%
At its 23rd meeting, the GST Council announced a slew of reforms in India's new tax regime. One was the reduction of items under the highest tax slab of 28% from 227 to 52.
10 Nov 2017
IndiaGST Council's 23rd meeting: What can be expected?
At its 23rd meeting today, the GST Council is expected to announce drastic reforms to benefit both consumers and producers.
10 Nov 2017
QualcommChipmaker Broadcom offers to buy Qualcomm for $103bn
In a move that could reshape the global mobile chip industry, US-based chipmaker Broadcom has proposed to buy another chip giant Qualcomm for $103bn.
09 Nov 2017
Reliance JioJio to launch its own Virtual Reality app in 2018
After disrupting the telecom sector, Reliance Jio is reportedly planning to foray into the Virtual Reality (VR) tech space.
09 Nov 2017
GuwahatiGST review: What to expect at tomorrow's Council meet
The GST Council is expected to announce a slew of reforms at its 23rd meeting on November 9-10 in Guwahati.
09 Nov 2017
Bharti AirtelYou may have to pay more for your mobile bill
Your monthly mobile bill will soon cost you more.
08 Nov 2017
IndiaUS-based PayPal officially launches domestic operations in India
Upping the competition in the Indian digital payments space, global online payments pioneer PayPal has officially launched domestic operations in India.
08 Nov 2017
Bharti AirtelAirtel broadband customers can now carry forward data upto 1,000GB
After postpaid users, Airtel has now brought its 'carry forward data' scheme to its broadband customers: you will now be able to take over any remaining data from this month to the next.
08 Nov 2017
IndiaDemonetization anniversary: How has India changed in the last year?
This day last year, as citizens were settling down for dinner, PM Narendra Modi dropped a bomb on unsuspecting Indians: Rs. 500/1,000 notes were suddenly dead.
07 Nov 2017
IrelandParadise Papers expose how Apple avoided billions in taxes!
The Paradise Papers revealed how Apple -the world's most profitable company- avoids billions in taxes using a secretive strategy.
07 Nov 2017
IndiaKnowing Satya Nadella beyond Microsoft
Microsoft CEO Satya Nadella was recently in India.
07 Nov 2017
IndiaGST review: Items facing 28% tax might soon become cheaper
Soon, goods and services under the highest GST slab of 28% might become cheaper. Central and state officials are actively reviewing nearly half the items under this slab.
07 Nov 2017
IndiaNow you can send, receive money using BHIM-UPI on Paytm
After introducing Paytm "Inbox" in-app messaging feature, the Indian digital payments leader has now launched yet another exciting feature.
07 Nov 2017
SmartphonesRenting iPhone X at Rs. 3,200/month and other cheap offers!
Were you waiting eagerly for the launch of the iPhone X, but couldn't buy it due to its price?
07 Nov 2017
Panama PapersPanama Papers: Rs. 792cr of undisclosed wealth detected so far
Over 1.5 years after Panamagate, the government has for the first time revealed the extent of its implications: Rs. 792cr of undisclosed wealth has been detected so far.
07 Nov 2017
DallasHas TripAdvisor been putting tourists at risk for its gain?
TripAdvisor, arguably the world's most trusted online travel guide, recently tweeted an apology for withholding from users several unsavory but important reviews over the years.
06 Nov 2017
UberUber-SoftBank deal in trouble? Could invest in Lyft, says SoftBank-CEO
At a time when SoftBank's investment in Uber is expected to be finalized, the Japanese conglomerate has hinted it could still change its mind over the costly deal.
06 Nov 2017
IndiaFood-delivery space: Next big battleground for Indian e-commerce leaders?
E-commerce giants, Amazon India, Flipkart, and Paytm, are reportedly looking to foray into the food-delivery business and are trying to acquire, invest, or expand into the sector.
06 Nov 2017
IndiaParadise Papers: SEBI to probe Indian entities named
Officials of the Securities and Exchange Board of India (SEBI), the market regulator in the country, have taken cognizance of the Paradise Papers leak and the Indians named in them.
06 Nov 2017
IndiaParadise Papers: Top coaching institute FIITJEE named in leak
One of the Indian names that came up in the Paradise Papers leak is coaching class franchise FIITJEE.
06 Nov 2017
SamsungSamsung's new ad mocks Apple; tells iPhone-users to "grow up"!
Following Apple iPhoneX's official release, Samsung has come up with a new ad campaign for its latest Galaxy Note 8 phablet.
06 Nov 2017
IndiaDigital transactions have shot up by 77 times since demonetization
PM Modi's demonetization drive may not have been as effective in tackling black money as it intended to, but it has served as a definitive catalyst in pushing India towards being a cashless economy.
05 Nov 2017
IndiaGST on daily-use goods expected to go down
Consumers and small-and-medium businesses across India may soon have a reason to celebrate.
05 Nov 2017
IndiaAir India selling flats worth Rs. 50cr to SBI: Sources
Even as the strategic sale of Air India (AI) proceeds, reports have emerged that it is in advanced talks with SBI for the sale of two residential properties.
04 Nov 2017
IndiaDoritos collaborates with Snapchat to attract millennial Indian consumers
Nacho chip giant Doritos has collaborated with Snapchat to bring the first snack-based Lens to consumers across India.
04 Nov 2017
BMWBMW issues recalls for a million cars in North America
BMW has issued recalls for about a million cars in North America owing to two separate problems which increase the risk of fire in certain models.
