Business News

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05 Jan 2019

Mumbai

Mallya becomes first person to be declared 'fugitive economic offender'

Embattled liquor tycoon Vijay Mallya, on Saturday, became the first person to be charged under the new Fugitive Economic Offenders Act, 2018, after a Mumbai anti-corruption court declared him to be a fugitive economic offender.

04 Jan 2019

India

#FinancialBytes: 5 mistakes to avoid while using credit cards

Today, credit cards have become an essential part of our lives because of the convenience they offer.

04 Jan 2019

Huawei

Huawei punished employees for tweeting New Year wishes from iPhone

A few days back, Huawei sent New Year wishes, but by tweeting out from an iPhone.

04 Jan 2019

Business

This Indian start-up upgrades budget running shoes using 3D printing

For every fitness freak, a comfortable pair of running shoes is a must, no matter how overly-expensive they might be.

03 Jan 2019

Chennai

Chennai: I-T department raids four restaurant chains, including Saravana Bhavan

On Thursday morning, the Income Tax Department initiated raids against four popular restaurant chains in Chennai, including the world-famous Saravana Bhavan, for alleged tax evasion.

New TRAI rules: Here's a look at revised channel packs

Following the new rules prescribed by the Telecom Regulatory Authority of India (TRAI) for broadcasting services, several DTH operators and cable TV operators have announced updated pricing for individual TV channels.

02 Jan 2019

India

#FinancialBytes: Factors to consider before taking a credit card

Credit cards have become an essential financial tool today because of the convenience they offer. People use credit cards for almost everything, including online/offline shopping, bill payments, travel-purchases, etc.

02 Jan 2019

India

Cabinet approves Vijaya Bank, Dena Bank, Bank of Baroda merger

On Wednesday, the Union Cabinet approved the merger of state-run Vijaya Bank and Dena Bank with the larger Bank of Baroda (BoB).

02 Jan 2019

Vietnam

Cathay Pacific makes blunder, sells $16,000 premium seats for $675

In a big ticketing blunder, Hong Kong-based Cathay Pacific Airways Ltd. sold business class tickets from Vietnam to Canada and the US at economy prices this week.

02 Jan 2019

India

#FinancialBytes: Best 'buy now, pay later' services available in India

In India, "buy now, pay later" payment options are increasingly becoming popular among customers nowadays.

#FinancialBytes: Important financial deadlines to watch out for in 2019

Staying on top of key financial deadlines is essential to avoid penalties and have an organized financial life.

01 Jan 2019

India

#FinancialBytes: 6 YouTube Channels to become a stock market trader

The stock market is a popular investment avenue to build wealth over time. But stock market trading is a tricky game that requires solid knowledge of how things work.

01 Jan 2019

Business

GST collection drops in December, stands at Rs. 94,726 crore

Goods and Services Tax (GST) collection dropped to Rs. 94,726 crore in December 2018, lower than Rs. 97,637 crore collected in November.

01 Jan 2019

India

Paytm Payments Bank back in business after RBI nod

After six months of inactivity, Paytm Payments Bank (PPB) has started adding new customers following a clearance by the Reserve Bank of India (RBI).

01 Jan 2019

GST

Reduced GST rates on movie tickets, TVs effective from today

As a new year's gift to the common man, the government has notified a reduction in GST on a host of products and services including movie tickets, TVs, and computer monitor screens.

31 Dec 2018

India

Good news! Subsidized LPG cylinder price slashed by Rs. 5.91

For the second time in a month, the price of subsidized domestic cooking gas or LPG has been reduced on account of tax impact on the reduced market rate of the fuel. Subsidized LPG price was slashed by Rs. 5.91/cylinder.

31 Dec 2018

Amazon

BSNL, Vodafone won't spoil your New Year eve: Here's why

Calling friends and family to share New Year wishes? The possibility is your special tariffs are not active.

31 Dec 2018

Reliance Jio

Jio Happy New Year offer: All you need to know

Just like last year, Reliance Jio has rolled out a Happy New Year offer to mark the end of 2018.

31 Dec 2018

India

IIM-B to revamp existing tea-auction methodology for improved price discovery

India's leading B-school IIM-Bangalore has been entrusted to devise the revamping of the existing tea auction methodology for improved price discovery.

31 Dec 2018

Israel

Hebrew voice of Siri just sued Apple: Here's why

The artist behind the Hebrew version of Siri has filed a lawsuit against Apple, claiming that the company used her voice for the smart assistant without explicit permission.

30 Dec 2018

Delhi High Court

To help visually-challenged identify banknotes, RBI invites mobile-based solutions

The Reserve Bank of India (RBI) is looking for a mobile phone-based solution to help visually challenged citizens in identifying bank notes.

30 Dec 2018

Canada

Here's why Durex is recalling batches of condoms in Canada

In Canada, Durex is recalling few batches of its Durex Real Feel Extra Lubricated 10ct condoms and Durex Real Feel 20ct condoms, as they failed to pass the shelf-life test.

29 Dec 2018

India

#PolicyExplainer: Get Rs. 2,00,000 life-insurance at Rs. 330/year with PMJJBY

Life insurance is one of the most important financial products to have. It is the best way to protect one's family and their future in case of the policyholder's untimely demise.

29 Dec 2018

Netflix

Here's what Netflix executives will earn in 2019. It's huge!

American streaming giant Netflix had quite an eventful year.

28 Dec 2018

India

OYO offers to buy Rs. 50cr shares from current, ex-employees

OYO Rooms, India's second-most valuable startup, has offered to buy back shares from current and former employees to the tune of Rs. 40-50cr.

28 Dec 2018

India

Airtel willing to lose customers after ending free incoming

Airtel is willing to lose up to 70 million of its customers as it continues to enforce its minimum balance requirement to keep incoming calls active on prepaid connections.

28 Dec 2018

India

Reliance Jio could soon launch affordable large-screen smartphones in India

In a bid to attract India's 500 million feature phone users and net them under its 4G network, Reliance Jio is working to launch affordable VoLTE smartphones.

27 Dec 2018

India

Soon, Apple may start assembly of high-end iPhones in India

In a fresh development, Reuters has reported that Apple may soon expand its assembly line and start the production of top-of-the-line iPhones in India.

27 Dec 2018

India

HDFC Group briefly overtook Tata Group as India's most-valued conglomerate

Following Wednesday's trading session, the Tata Group lost the distinction of being the most valuable conglomerate in India.

27 Dec 2018

Canada

IIT-Bombay graduate Rajesh Subramaniam named FedEx President, CEO

Rajesh Subramaniam, an Indian-American IIT-Bombay graduate, has been named the President and CEO of US-based multinational courier delivery giant FedEx Express.

26 Dec 2018

India

After 22 years, McDonald's posts its first-ever profit in India

22 long years after it started its business in India, global fast-food chain McDonald's posted its first-ever profit in the country.

10 lakh bank employees on strike: All you should know

Nearly 10 lakh bank employees went on a strike on Wednesday, December 26, and it is sure to hit offline services like withdrawing, depositing cash, clearance of cheques and issuance of demand drafts.

26 Dec 2018

Sensex

Rupee surges 19 paise against USD in early trade

The rupee gained 19 paise against the USD today to trade at 69.95 after increased selling of the US currency by exporters and banks.

25 Dec 2018

India

#FinancialBytes: 5 lesser-known facts about PAN card everyone should know

The Permanent Account Number (PAN) card has become one of the most essential documents to have.

25 Dec 2018

Apple

Apple gave customers' data to Indian government: Details here

Apple has released its transparency report, detailing how many customer data requests it got from the Indian government and how many it actually catered to.

RBI to release new Rs. 20 note soon: Details here

The Reserve Bank of India (RBI) is soon set to introduce new Rs. 20 note with additional features, according to a document of the central bank.

25 Dec 2018

India

Credit cards for those with a salary below Rs. 40,000 

These days, credit cards are an indispensable component of our existence.

23 Dec 2018

India

There could be a nation-wide bank strike on December 26

Almost one million bank employees, including those of private banks, have called for a one-day-long nation-wide strike on December 26 to protest against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

23 Dec 2018

Xiaomi

Flipkart's "Year End Carnival" sale begins today: Top deals revealed

Walmart-owned Flipkart is hosting its "Year End Carnival" sale starting today.

22 Dec 2018

India

#FinancialBytes: 5 quizzing apps from which you can make money

Making some extra bucks online has become easy nowadays, thanks to technology. Smartphone apps that let users play exciting live trivia games or answer simple quizzes are becoming a popular way to make money.