Business News

Timelines
After Apple, Google reportedly planning to launch its own card

20 Apr 2020

After Apple, Google reportedly planning to launch its own card

In the age of digital payments and peer-to-peer transfers, third-party smart cards, promising plenty of benefits and user-facing features, are becoming increasingly popular.

#Lockdown: MHA changes rules again, only essentials to be delivered

19 Apr 2020

#Lockdown: MHA changes rules again, only essentials to be delivered

The Ministry of Home Affairs on Sunday introduced changes in guidelines for the operations of e-commerce websites during the lockdown.

Targeting China, India revises FDI Policy to curb 'opportunistic acquisitions'

18 Apr 2020

Targeting China, India revises FDI Policy to curb 'opportunistic acquisitions'

The Center on Saturday revised the Foreign Direct Investment (FDI) Policy to prevent "opportunistic acquisitions" of vulnerable, coronavirus pandemic-hit Indian companies.

Struggling economy gets RBI's boost, big announcement for banks

17 Apr 2020

Struggling economy gets RBI's boost, big announcement for banks

With the economy stung drastically by the coronavirus pandemic, RBI Governor Shaktikanta Das addressed media for the second time in a month to announce key measures.

COVID-19 crisis: Facebook cancels all large events until 2021

17 Apr 2020

COVID-19 crisis: Facebook cancels all large events until 2021

As the COVID-19 crisis continues to evolve around the world, Facebook has decided to cancel all its large events until next year.

Now, Zomato shows body temperature of its delivery agents

16 Apr 2020

Now, Zomato shows body temperature of its delivery agents

In an impressive move, food-tech giant Zomato has introduced a feature to display the body temperature of its delivery agents.

#Lockdown2: Industry bodies want package of nearly Rs. 16L crore

15 Apr 2020

#Lockdown2: Industry bodies want package of nearly Rs. 16L crore

As India's lockdown was extended for another nineteen days on Tuesday, several industry bodies asked the government to release a financial package to help them and revive growth in various sectors.

Airtel and Apollo Hospitals partner to provide app-based COVID-19 self-testing

15 Apr 2020

Airtel and Apollo Hospitals partner to provide app-based COVID-19 self-testing

Airtel and Apollo Hospitals have come together to offer all Airtel Thanks subscribers free self-testing for COVID-19, the diseased caused by the novel coronavirus.

After UberEats, Zomato is eyeing to buy Grofers

14 Apr 2020

After UberEats, Zomato is eyeing to buy Grofers

A few months after acquiring UberEats, Zomato is looking to buy popular e-grocery start-up Grofers.

'Ola Emergency' launched for hospital runs amid COVID-19 outbreak

14 Apr 2020

'Ola Emergency' launched for hospital runs amid COVID-19 outbreak

As India goes into the second phase of the lockdown enforced to combat the spread of COVID-19, Ola is lending a helping hand to the public.

Coronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia

13 Apr 2020

Coronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia

Sundar Pichai, the CEO of Alphabet and Google, has donated Rs. 5 crore to support COVID-19 relief efforts in India.

Bill Gates on COVID-19 response: We are in 'uncharted territory'

13 Apr 2020

Bill Gates on COVID-19 response: We are in 'uncharted territory'

From Italy to India, several countries are reeling due to the COVID-19 pandemic.

Now, TikTok has over a billion downloads on Play Store

13 Apr 2020

Now, TikTok has over a billion downloads on Play Store

As the world stays indoors to fight the outbreak of COVID-19, the disease that started spreading from Wuhan and has claimed over one lakh lives, Chinese video-sharing giant TikTok is reaping the benefits.

India to witness severe economic slump, says World Bank

12 Apr 2020

India to witness severe economic slump, says World Bank

The spread of COVID-19, and the disruption ensuing from it, is likely to cause a sharp economic slump for India and neighboring countries, the World Bank said on Sunday.

Amid increased strain, Reliance Jio increases JioFiber network capacity

12 Apr 2020

Amid increased strain, Reliance Jio increases JioFiber network capacity

Reliance Jio has increased the network capacity of its JioFiber fiber-to-the-home broadband service in the Delhi/NCR region. The move aims to cope up with increased data usage during the lockdown period and provide reliable connectivity to all its users in the region.

Recharge someone's phone, make money using JioPOS Lite app

11 Apr 2020

Recharge someone's phone, make money using JioPOS Lite app

In the wake of India's nationwide lockdown, businesses carrying out mobile recharges have come to a complete halt.

Facebook sues Indian engineer for running deceptive ads on COVID-19

10 Apr 2020

Facebook sues Indian engineer for running deceptive ads on COVID-19

Facebook has sued an Indian-origin software engineer for making and selling a tool capable of sharing deceptive ads on its platform.

Coronavirus Impact: Food prices surge as supply chain suffers

10 Apr 2020

Coronavirus Impact: Food prices surge as supply chain suffers

The coronavirus pandemic and 21-day lockdown announced in India to contain its spread have had a direct catastrophic impact on food supplies, with prices of staple items (barring cereals) increasing by at least three times as compared to last month, a report in HT said on Friday.

Amid lockdown, leading DTH operators offer subscribers free service channels

10 Apr 2020

Amid lockdown, leading DTH operators offer subscribers free service channels

Leading DTH operators in India have started offering some free service channels in India, the offer is valid at least till April 14. The move is aimed at encouraging home-bound customers to try activities like cooking, dancing, and exercising during the ongoing nation-wide lockdown.

Japan is paying manufacturers to move production outside China

09 Apr 2020

Japan is paying manufacturers to move production outside China

As the spread of coronavirus continues to wreck economies, Japan is trying to revive its disrupted manufacturing sector - by encouraging companies to leave China.

Big Basket raises $60mn to meet demand surge amid lockdown

09 Apr 2020

Big Basket raises $60mn to meet demand surge amid lockdown

Big Basket, one of India's biggest hyperlocal grocery start-ups, has raised $60 million as part of a bridge-round of funding from Alibaba and others.

Government planning another package to revive growth of coronavirus-stung economy

09 Apr 2020

Government planning another package to revive growth of coronavirus-stung economy

The government plans to set up a fund with a corpus of Rs. 50,000-75,000 crore to revive industries, that have been battered due to the coronavirus pandemic.

Amid coronavirus crisis, this Indian business tycoon is growing richer

08 Apr 2020

Amid coronavirus crisis, this Indian business tycoon is growing richer

The outbreak of coronavirus, and the ongoing nation-wide lockdown to prevent it from growing worse, has disrupted businesses so much that their leaders and investors are bleeding money.

Amid lockdown, Zomato launches grocery delivery across 80 Indian cities

08 Apr 2020

Amid lockdown, Zomato launches grocery delivery across 80 Indian cities

As 1.3 billion Indians struggle to move freely and access daily essentials under the 21-day lockdown enforced by the Narendra Modi government, Zomato is rising to the occasion.

Jack Dorsey donating 28% of his wealth to 'disarm' COVID-19

08 Apr 2020

Jack Dorsey donating 28% of his wealth to 'disarm' COVID-19

In a major move, Jack Dorsey, the CEO of Twitter and payments platform Square, has announced the decision to donate $1 billion, or about 28% of his wealth, to aid COVID-19 relief efforts.

#CoronavirusImpact: Mukesh Ambani lost $300 million/day in two months

07 Apr 2020

#CoronavirusImpact: Mukesh Ambani lost $300 million/day in two months

The outbreak of coronavirus over the last two months has left economies reeling, business disrupted, and people jobless.

After Jio, Airtel and Vodafone introduce ATM recharge facility

06 Apr 2020

After Jio, Airtel and Vodafone introduce ATM recharge facility

Following in the footsteps of Reliance Jio, Airtel and Vodafone have introduced a new facility that allows prepaid subscribers to recharge their mobile numbers at a nearby bank ATM.

Amid coronavirus crisis, Apple starts making face shields for doctors

06 Apr 2020

Amid coronavirus crisis, Apple starts making face shields for doctors

As the novel coronavirus disease continues to wreak havoc across countries, Apple is coming up with innovative ways to support healthcare workers and doctors in need.

GST effect: These Realme smartphones have become costlier in India

06 Apr 2020

GST effect: These Realme smartphones have become costlier in India

With an increase in GST rates on smartphones from 12% to 18%, Chinese tech giant Realme has increased the prices of its handsets.

Amid COVID-19 crisis, Singapore's richest man has grown richer

06 Apr 2020

Amid COVID-19 crisis, Singapore's richest man has grown richer

The global outbreak of COVID-19 has left economies crumbling.

Music streaming wars: Spotify leads despite big growth by rivals

05 Apr 2020

Music streaming wars: Spotify leads despite big growth by rivals

Last year, the music streaming business grew by a stunning 32% year-on-year with total subscriptions reaching 358 million, according to market research firm Counterpoint Research.

GST effect: These Nokia smartphones have become costlier in India

04 Apr 2020

GST effect: These Nokia smartphones have become costlier in India

With the recent hike in the GST rates on smartphones from 12% to 18%, HMD Global has followed the footsteps of other OEMs to increase the prices of Nokia smartphones.

Bengaluru-based start-up launches home testing kit for COVID-19

04 Apr 2020

Bengaluru-based start-up launches home testing kit for COVID-19

In a major development, Bione, a Bengaluru-based biotech start-up, has launched a rapid "at-home test" for the novel coronavirus disease COVID-19.

GST effect: These Vivo smartphones have become costlier in India

03 Apr 2020

GST effect: These Vivo smartphones have become costlier in India

As the GST rate on smartphones increased from 12% to 18%, several smartphone manufacturers including Apple, Samsung, Xiaomi have hiked the prices of their handsets in India.

Amid lockdown, JioPhone users get validity extension, free calling minutes

02 Apr 2020

Amid lockdown, JioPhone users get validity extension, free calling minutes

Reliance Jio is pulling out all the stops to help its customers amid the ongoing 21-day lockdown imposed in India to contain the coronavirus.

Zoom sued for covertly sending user data to Facebook

02 Apr 2020

Zoom sued for covertly sending user data to Facebook

Zoom, the video conferencing app that shot to fame after billions were put on lockdown due to the spread of COVID-19, has been sued for sharing user data without permission.

After Xiaomi, Apple and Samsung increase smartphone prices in India

01 Apr 2020

After Xiaomi, Apple and Samsung increase smartphone prices in India

With the recently-announced 50% hike in GST rates on mobile phones coming into effect today, Apple and Samsung have followed in the footsteps of Xiaomi to increase the prices of their smartphones in India.

Xiaomi, Redmi, POCO smartphones become costlier due to GST hike

01 Apr 2020

Xiaomi, Redmi, POCO smartphones become costlier due to GST hike

Xiaomi has increased the prices of its smartphones in India, in a bid to cushion the impact of the raised tax on mobile phones.

Disney+ Hotstar launching on April 3, priced at Rs. 1,500/year

01 Apr 2020

Disney+ Hotstar launching on April 3, priced at Rs. 1,500/year

Disney+, the dedicated streaming service owned and operated by Disney, is set to be launched in India on April 3.

#Lockdown: Airtel extends validity for over 80 million 'under-privileged' customers

31 Mar 2020

#Lockdown: Airtel extends validity for over 80 million 'under-privileged' customers

Bharti Airtel has announced that it will extend the plan validity for over 80 million 'under-privileged' prepaid subscribers in India, complying with a directive from Telecom Regulatory Authority of India (TRAI).