Business News
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09 Aug 2018
StartupsMetro Bikes raises $12.2 million funding; rebrands as 'Bounce'
Bike rental startup Metro Bikes today said it has raised $12.2 million in a Series-A funding round led by Sequoia India and Accel Partners and has rebranded itself as Bounce.
09 Aug 2018
XiaomiXiaomi Mi A2 pre-orders start today via Amazon, Mi.com
Xiaomi's recently launched Mi A2 will be up for pre-orders starting today at 12pm via Amazon and Mi India e-store.
09 Aug 2018
IndiaFurniture giant IKEA's first India store opens today in Hyderabad
IKEA, the world's biggest furniture retailer, is all set to launch its first India venture today, as it inaugurates its massive store in Hyderabad's Hitec City.
09 Aug 2018
Bombay Stock Exchange (BSE)Sensex hits historic 38,000 mark; Nifty tops 11,495
The BSE Sensex hit the 38,000 level for the first time today on widespread buying in banking, energy, and PSU stocks amid unabated inflows by domestic and foreign institutional investors.
09 Aug 2018
India#FinancialBytes: Top 5 investment options for best returns
Investing money in a safe investment option that offers high returns with minimal risks goes a long way in ensuring your long term financial security.
08 Aug 2018
IndiaOnePlus 6 Independence Day offers announced in India: Details here
If you are contemplating to buy OnePlus 6 - India's best-selling premium smartphone - these offers might just be for you.
08 Aug 2018
WhatsAppWorkplace messaging service Slack is raising $400mn in new round
On the back of acquiring its rivals just a couple of weeks back, workplace messaging service Slack is reportedly raising more funding, this time around $400mn.
08 Aug 2018
IndiaWill Microsoft's new Surface line-up work for India? Unlikely
On Tuesday, Microsoft launched its new Surface line-up in India comprising two devices - the Surface Laptop, and the Surface Book 2.
08 Aug 2018
XiaomiXiaomi Redmi Note 5 Pro sale live on Flipkart, Mi.com
The Xiaomi Redmi Note 5 Pro flash sale is now live on Flipkart and Mi.com.
08 Aug 2018
IndiaIMF asks India to consider simpler GST rate structure
The International Monetary Fund (IMF) today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, which unifies numerous indirect taxes across all states of the federation and the central government.
08 Aug 2018
Elon MuskElon Musk is probably taking Tesla private
Last night, Elon Musk announced that he was planning to take Tesla private so that he didn't have to take short-term decisions to appease investors.
07 Aug 2018
India#FinancialBytes: How to file ITRs if you are an NRI
As per I-T department norms, non-resident Indians (NRIs), too, are subject to taxes on income, if such income is earned in India, or received or deemed to be received in India.
07 Aug 2018
IndiaOla expands to the UK to fight Uber internationally
Not to be outdone or intimidated by international ride-hailing giant Uber, Ola has decided to take the fight beyond India, its home-ground, to Europe.
07 Aug 2018
FlipkartRivaling Amazon, Flipkart announces Big Freedom Sale from August 10
In a bid to take on Amazon's Freedom Sale, Walmart-owned Flipkart has announced 'The Big Freedom Sale'.
07 Aug 2018
PfizerAs Pfizer's Viagra patent ends, Indian firms prepare for dominance
Viagra, the global leader in treating impotence in men, might soon be dethroned, as pharmaceutical giant Pfizer loses its patent for the drug in the US in 2020.
06 Aug 2018
PepsiCoEverything to know about Ramon Laguarta, PepsiCo's new CEO
It's official - Chennai-born Indra Nooyi is stepping down as the CEO of PepsiCo after 12 long years at the helm.
06 Aug 2018
ChennaiIndra Nooyi, PepsiCo CEO, steps down after 12 years
Indra Nooyi, who has led global food and beverage giant PepsiCo as CEO for 12 years, is stepping down, the company announced.
06 Aug 2018
AppleCan Apple bring a Hyperloop to Cupertino? They just might
The city of Cupertino in Silicon Valley is already home to Apple's iconic spaceship campus and, if things go as planned, the city could also become home to a Hyperloop, thanks to Apple.
05 Aug 2018
SamsungSamsung's Independence Day sale ends today: Best deals here
Samsung's Independence Day Sale, which has been active since August 1, ends today.
05 Aug 2018
United States of AmericaThis 'cat and dog wine' company is earning $500,000
Pets enjoy a lot of luxuries, but why don't they have their own drinks?
05 Aug 2018
IndiaVivo Carnival Freedom sale: Vivo Nex available at Rs. 1,947
Celebrating India's 72nd Independence Day, Vivo will host the Carnival Freedom sale on its India e-store starting from August 7 till August 9.
05 Aug 2018
IndiaGodrej Consumer Products eyes 5% e-commerce revenues in 3-4 years
Homegrown FMCG firm Godrej Consumer Products (GCPL) is bullish on the prospects of e-commerce and is expecting 5% of its revenues to come from this channel in the next three to four years.
05 Aug 2018
iPhoneVirus attack shuts down factories of iPhone's sole chipmaker
On Saturday, several factories of Taiwan Semiconductor Manufacturing Co. (TSMC), the sole manufacturer of the iPhone's main processor, was shut down following a virus attack.
05 Aug 2018
Reserve Bank Of India (RBI)#FinancialBytes: Have a credit card? 5 tips to use wisely
Given the ease and convenience of making payments that credit cards offer, they've now become a household phenomena.
04 Aug 2018
IndiaAmazon Freedom Sale begins August 9: All details here
Amazon has announced its three-day 'Amazon Freedom Sale' in India.
04 Aug 2018
Maruti SuzukiExactly how rich is Apple? Here are some mind-boggling facts
On Thursday, Apple touched a market cap of $1 trillion, a figure that many icons of capitalism had never even dreamed of touching.
03 Aug 2018
India5 financial services offered by Paytm you should know about
Paytm is Noida-based E-commerce start-up that mainstreamed digital wallets in India, and helped us get rid of the unnecessary hassle of making cash payments.
03 Aug 2018
IndiaReliance Jio GigaFiber: Registrations, Plans, Installation and other details
After disrupting the telecom industry, Mukesh Ambani-led Reliance is primed to take on the broadband space in India.
03 Aug 2018
IndiaJet Airways 'can't run after 60 days,' stake-sale attempts on
The debt-ridden Jet Airways, India's second-largest airline by market share, is desperate for cash, and has resumed talks with investment bankers for assistance in a stake sale.
03 Aug 2018
Aadhaar Card#FinancialBytes: 10 Documents you need while filing your I-T Return
Notably, the deadline for filing of Income Tax Return for the FY 2017-18 has been extended to August 1.
02 Aug 2018
iPhoneApple is now first public company worth $1 trillion
On Thursday, Apple became the world's first public company to be worth a whopping $1 trillion.
02 Aug 2018
India#FinancialBytes: What happens if you fail to file your ITR?
The Finance Ministry has extended the ITR filing deadline from July 31 to August 31, 2018.
02 Aug 2018
GoogleGoogle developing censored search for China; whatever happened to ethics?
In a bid to enter China again, Google is reportedly planning to launch a censored version of its search engine that will blacklist websites and search results about democracy, human rights, religion, and peaceful protests, among other things.
02 Aug 2018
FacebookThis is how WhatsApp plans to make money
On Wednesday, WhatsApp announced the launch of its first revenue-generating product, WhatsApp Business API.
02 Aug 2018
Jet AirwaysJet Airways faces crisis as employees reject 25% pay cuts
Cash-strapped Jet Airways has asked its employees, including pilots, to take salary cuts in the range of 5-25% for an indefinite period as it struggles to stabilize operations.
02 Aug 2018
Central Government#FinancialBytes: How to save Income Tax under Section 80C
Every individual, who earns more than a certain amount, is required to pay taxes in accordance to the Income Tax Act. If you don't plan well, this may seem like a hefty payment.
01 Aug 2018
IndiaOnePlus beats Samsung, Apple to top India's premium smartphone market
OnePlus has, for the first time since its arrival in India, surpassed heavyweights like Apple and Samsung to lead the country's fast-growing premium smartphone segment, according to a report by market research firm Counterpoint.
01 Aug 2018
India#FinancialBytes: Reasons to file ITR even if income is non-taxable
Many people assume that since their estimated net income for the year doesn't exceed the tax exemption limit, they need not file an income tax return (ITR).
01 Aug 2018
IndiaSwiggy launches paid subscription program to compete with Zomato
On Tuesday, Swiggy, one of India's largest online food delivery platforms, announced the launch of its paid subscription program called Swiggy Super, initially to be rolled out to "limited users" in seven Indian cities.
01 Aug 2018
IndiaFRDI Bill withdrawn on apprehensions expressed by public: Piyush Goyal
The government has decided to withdraw Financial Resolution and Deposit Insurance (FRDI) Bill following apprehensions expressed by the public with regard to the "bail-in" clause to resolve a failing bank and insurance cover on bank deposits, Finance Minister Piyush Goyal told a Parliamentary Committee.
