Business News
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24 Jun 2018
NetflixNetflix sacks communications head over the use of N-word
On-demand video streaming platform Netflix has fired its head of communications over his use of the 'N-word'.
23 Jun 2018
IndiaWhatsApp gets a new privacy policy: All details here
Facebook-owned messaging app WhatsApp, which is launching payments services in India, has updated its privacy policy and terms of use to "reflect the addition of payment interoperability features."
23 Jun 2018
PayPalPayPal to acquire Simility, AI-based fraud specialist, for $120 mn
Digital payments giant Paypal has signed a deal to acquire Palo Alto-based fraud prevention solutions provider Simility for $120 million. It is an all cash deal.
23 Jun 2018
EnvironmentGovt recommends 24°C as default settings for Air Conditioners
Union Power Minister of State RK Singh on Friday held a meeting with major air-conditioner manufacturers in New Delhi, and recommended them to maintain the default temperature setting in the appliance at 24° Celsius to promote energy efficiency.
23 Jun 2018
India#FinancialBytes: Top 5 Travel Loans available in India
We live in a wonderful world that is full of beauty and adventure, and the best way to explore it is through travel. This wonderful experience, however, comes with a baggage of expenses.
23 Jun 2018
Jurassic WorldGaming company Roblox allows kids to create their own games
Roblox is an online game creation platform that not only allows users to develop their own games but also play games designed by other users.
23 Jun 2018
IndiaMoneyTap: The company which gives you instant personal loans
Are you looking for instant personal loans, and that too at low interest rates? If yes, then this Bengaluru-based start-up, MoneyTap can help you.
22 Jun 2018
Bharti AirtelVodafone upgrades postpaid-plans, offers upto 75GB data
In India, there's an evident war among the telecom companies to capture the lion's share of the country's mobile subscriber base.
22 Jun 2018
SpaceXSpaceX bags $130 million contract from the US Air Force
SpaceX has landed a $130 million contract with the US Air Force to launch an Air Force satellite using its Falcon Heavy rocket.
22 Jun 2018
IndiaGST will usher 112% growth in warehousing by 2021: JLL-India
Goods and Services Tax (GST) will usher in a new era for the warehousing and logistics sector in India that could see 112% growth in the sector by 2021, a report released by real estate services firm JLL India said.
22 Jun 2018
Jayant SinhaNew interiors, modified crew-uniforms, better menu: Air India's 'Maharaja' makeover
The debt-ridden Air India is putting its flights through a major makeover, in an attempt to lure passengers and boost business.
22 Jun 2018
IndiaAfter Swiggy raises $210mn, Zomato looks to raise $400mn
Competition in India's fast-growing food delivery market is intensifying.
22 Jun 2018
San FranciscoStart-up opens first restaurant where robot makes burgers
US-based start-up Creator, which deals in burger-making robots, has unveiled its first robot restaurant in San Francisco.
22 Jun 2018
Donald Trump35 US-banks would survive global economic recession: US Federal Reserve
The US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.
22 Jun 2018
AmazonAmazon Prime monthly subscription introduced at just Rs. 129
E-commerce giant Amazon has quietly introduced a new monthly Amazon Prime subscription plan in India.
22 Jun 2018
South KoreaHackers steal $32mn from South Korean cryptocurrency exchange, again
On Wednesday, South Korea's largest cryptocurrency exchange, Bithumb, revealed that hackers had stolen $32mn worth of assets overnight.
22 Jun 2018
Chennai#FinancialBytes: 5 best apps for all your short-term loan needs
Gone are the days when you needed to visit a financial institution or make various phone calls to get a loan.
21 Jun 2018
IntelIntel's CEO asked to resign over 'consensual relationship' with employee
Intel has announced that CEO Brian Krzanich has resigned from the company with immediate effect because he "had a past consensual relationship with an Intel employee."
21 Jun 2018
AmazonWho is this Indian Warren Buffett picked to head healthcare-venture?
Yesterday, prominent Indian-American surgeon and journalist, Atul Gawande was appointed as the CEO of the yet-to-be named US-based health-care venture of Amazon, Berkshire Hathaway, and JP Morgan.
21 Jun 2018
HBOApple partners with Sesame Street makers to develop children's shows
Apple has partnered with Sesame Workshop, the non-profit media organization behind the popular television series "Sesame Street," to create children's TV programs as part of the tech giant's latest push towards developing original content.
21 Jun 2018
Elon MuskTesla files $1mn lawsuit against ex-employee over trade secret theft
Tesla has filed a $1 million lawsuit against former employee Martin Tripp alleging trade secret theft.
21 Jun 2018
IndiaMore revelations in Kochhar 'scam': Family's Mumbai flat under scanner
More reports have surfaced about a 'nexus' between Chanda Kochhar, ICICI Bank CEO, and Videocon's Venugopal Dhoot.
21 Jun 2018
GoogleEverything about tech levels and job hierarchy among Google employees
If Google is heaven, its engineers are treated as Gods. But, one can be easily bogged down by the hierarchical structure at Google. Here's all about job levels at Google.
21 Jun 2018
India#FinancialBytes: How to port your health insurance
Are you unhappy with your health insurer? Well, then you do have an option to port your health insurance to another insurer, which can offer you better facilities.
20 Jun 2018
IndiaPetrol and diesel to come under GST: Details here
You may soon have to pay both Goods and Services Tax (GST) levied by the Central government and Value Added Tax (VAT) levied by state governments on the purchase of petrol and diesel, as the government is considering to include fuel under a combination of GST and VAT.
20 Jun 2018
AppleGeneral Electric booted from Dow Jones stock-index after a century
Slumping US industrial giant General Electric will be booted from the iconic Dow Jones stock index next week, S&P Dow Jones Indices has announced.
20 Jun 2018
Income Tax Return#FinancialBytes: Missed filing I-T return? Here's what you can do
The due date for filing the Income Tax Return for the financial year 2016-17 was July 31, 2017.
19 Jun 2018
IndiaIndia sees 20% rise in dollar millionaires, despite GST-impact: Report
Despite adverse impact of GST implementation, India saw a 20% increase in both the number of dollar-millionaires and their wealth in 2017, a report said today.
19 Jun 2018
ICICI BankApple introduces zero-down-payment EMI offers for iPhone X, iPhone 8
Apple often hosts its iPhone fest sales on online channels like Amazon and Flipkart. But, the tech giant hasn't been so regular with its offline channel sales.
19 Jun 2018
TechCrunchBitTorrent is being sold for $140mn to blockchain start-up Tron
BitTorrent, one of the most recognizable brands in the world, is reportedly being bought by blockchain-based start-up Tron for a whopping $140mn, according to TechCrunch.
19 Jun 2018
Mutual Funds#FinancialBytes: 5 best-performing ETFs in which you can invest
Are you looking for an investment instrument which can give you more returns than stock market indices?
19 Jun 2018
Elon MuskElon Musk says Tesla factory was sabotaged by disgruntled employee
Tesla isn't having the greatest of spells.
19 Jun 2018
IndiaTata Nano is not dying, Ola comes to the rescue
Tata and Ola have joined hands to boost electric vehicles (EV) in India. For that, they have picked the all-new Jayem Neo.
19 Jun 2018
Central Bureau Of Investigation (CBI)ICICI Bank's Kochhar to "go on leave" till probe completed
Three months after reposing "full faith and confidence" in ICICI Bank CEO Chanda Kochhar, the bank's board has announced she "has decided to go on leave till the completion of the enquiry" into conflict-of-interest allegations against her.
19 Jun 2018
Bharti AirtelAirtel offers unlimited calls for 168-days with Rs. 597 plan
In a bid to take on Reliance Jio's long-term Rs. 999 prepaid recharge pack, Bharti Airtel has introduced a new Rs. 597 recharge pack in various circles across India.
18 Jun 2018
IndiaAfter Air India fiasco, Modi-govt now plans Coal India sale
After its unsuccessful bid to sell a 76% stake in cash-strapped flag carrier Air India, Prime Minister Narendra Modi-led government is now reportedly planning to offload a stake in state-run mining giant Coal India, the world's largest miner of fuel.
18 Jun 2018
IndiaOne in four Indian customers becomes victim of online financial-deceit
With Indians becoming more digitally active, the risk of frauds has increased with around one in four customers becoming a victim of online financial deceit, says a report.
18 Jun 2018
IndiaArun Jaitley urges citizens to pay taxes honestly
Union Minister Arun Jaitley today urged citizens to pay their due share of taxes "honestly" to reduce dependence on oil as a revenue source.
18 Jun 2018
VolkswagenAudi CEO arrested in connection to the Volkswagen emissions scandal
Rupert Stadler, the CEO of Audi, has been detained by German authorities in connection to the Volkswagen emissions scandal.
18 Jun 2018
IndiaIndia, fastest-growing major economy, trend likely to continue: Jaitley
Union Minister Arun Jaitley said that 7.7% economic growth in the fourth quarter of 2017-18 "firmly" established India as the fastest-growing major economy in the world and the trend is likely to continue for some years.
