Business News
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Spike in rural unemployment; urban unemployment rises marginally: CMIE
22 Jul 2021
Sensex jumps over 400 points in early trade
Equity benchmark Sensex rallied over 400 points in early trade on Thursday, tracking gains in index majors HDFC Bank, Infosys, and ICICI Bank amid a positive trend in global markets.
21 Jul 2021
Lamborghini aims at triple digit sales in India
Super luxury car manufacturer Lamborghini aims at triple-digit sales in India and plans to launch models concurrently in the country along with other nations, a company official said on Wednesday.
19 Jul 2021
#FundingAlert: Lenskart raises $220 million from Temasek, Falcon Edge Capital
Bengaluru-based eyewear retail start-up Lenskart is now valued at $2.5 billion, following a fresh $220 million investment led by Temasek and Falcon Edge Capital.
19 Jul 2021
Sensex tanks over 500 points in early trade
Equity benchmark Sensex plunged over 500 points in early trade on Monday, tracking heavy losses in HDFC twins, ICICI Bank and Kotak Bank amid weak cues from global markets.
18 Jul 2021
How to get free JioFiber for a year with referrals
Mukesh Ambani-led telecom giant Reliance Jio is aggressively popularizing its broadband service called JioFiber just like it popularized 4G cellular connections when it launched.
15 Jul 2021
Sensex jumps 255 points to end at a fresh record
Equity benchmark Sensex surged 255 points to close at an all-time high on Thursday, tracking gains in index majors HDFC Bank, L&T, and HCL Tech.
15 Jul 2021
Government withdraws letter to Apple for compliance with IT Rules
The Centre has reportedly withdrawn a letter asking Apple to comply with new IT Rules, specifically about the company's messaging service.
15 Jul 2021
Fuel prices hiked again, petrol costs Rs. 101.54/liter in Delhi
Petrol price on Thursday was hiked by 35 paise per liter and diesel by 15 paise, pushing rates to a new high across the country.
15 Jul 2021
RBI bars Mastercard from issuing new cards from July 22
In a major supervisory action, the Reserve Bank of India on Wednesday indefinitely barred the US-based Mastercard from issuing new credit, debit, and prepaid cards from July 22 for its failure to comply with data storage norms.
14 Jul 2021
Dearness Allowance for government employees hiked from July 1
The Union Cabinet on Wednesday approved a hike in the Dearness Allowance (DA) and Dearness Relief (DR) for employees of the central government and pensioners.
14 Jul 2021
'We all quit': Burger King staff post on store sign
"We all quit," reads an atypical signboard outside a Burger King outlet in Lincoln, Nebraska in the United States.
14 Jul 2021
Sensex drops over 100 points in early trade
Equity benchmark Sensex dropped over 100 points in early trade on Wednesday, tracking losses in index majors ICICI Bank, HDFC twins, and Reliance Industries amid a negative trend in global markets.
14 Jul 2021
Zomato's IPO opens for subscription: Should you invest?
Indian restaurant aggregator and food delivery service Zomato is set to launch its Rs. 9,375 crore initial public offering (IPO) today (July 14). Shares from the company's IPO are expected to be in the price range of Rs. 72 to Rs. 76 each.
13 Jul 2021
Elon Musk purchases ticket for Virgin Galactic flight to space
Did you think that SpaceX CEO Elon Musk and Virgin Galactic founder Richard Branson are at odds with each other just because they run rival space exploration companies?
12 Jul 2021
#FundingAlert: Flipkart raises $3.6 billion in fresh funding
Walmart-owned e-commerce giant Flipkart has successfully raised $3.6 billion in fresh funding from global investors, sovereign funds, and private equity firms, as well as by Walmart itself.
10 Jul 2021
Mother Dairy raises milk prices from tomorrow. Check rates here
Mother Dairy has decided to hike prices of milk in Delhi-NCR and other cities by Rs. 2 per liter starting tomorrow, July 11.
09 Jul 2021
HealthifyMe acqui-hires Under45 team, launches Co-WIN-linked vaccination slot booking facility
With India's COVID-19 vaccination drive gathering steam and breaking records, it's no surprise that private entities want to do their bit for the country, too.
09 Jul 2021
Sensex drops 183 points; Nifty slips below 15,700 points
Equity benchmark Sensex tumbled over 183 points to close in red on Friday, tracking losses in index majors HDFC Bank, Reliance Industries, and TCS.
09 Jul 2021
WhatsApp says it has put new privacy policy on hold
WhatsApp today told the Delhi High Court it would neither force users to accept its controversial new privacy policy nor limit functionality of the messaging service for those who choose not to accept its terms.
08 Jul 2021
French court allows Cairn Energy to seize 20 Indian properties
A French court order has reportedly allowed Britain's Cairn Energy to seize some 20 properties owned by the Indian government in Paris.
08 Jul 2021
Trump sues Facebook, Twitter, Google alleging violation of First Amendment
On Wednesday, former US President Donald Trump announced that he will move court against Facebook, Google, Twitter, and their CEOs.
07 Jul 2021
Ambani, Adani to turn competitors over green energy domination
Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani.
07 Jul 2021
Sensex ends above 53,000-mark for the first time
Equity benchmark Sensex jumped 194 points to close above the 53,000-mark for the first time on Wednesday, propelled by metal, finance, and banking stocks, as investors were in buying mode ahead of a reshuffle of the Union Cabinet.
07 Jul 2021
Fuel price hike: Petrol rate hits Rs. 100/liter in Delhi
The petrol price Wednesday crossed the Rs. 100-a-liter mark in Delhi after fuel prices were increased in line with firming international oil trends.
06 Jul 2021
Amazon begins new chapter as Bezos hands over CEO role
Amazon founder Jeff Bezos stepped down as the CEO Monday as the multinational technology company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
04 Jul 2021
Here's how Mighty is empowering children through e-commerce and entrepreneurship
Just when you thought that e-commerce is at its pinnacle, a Los Angeles-based start-up called Mighty is here to take it up a notch.
03 Jul 2021
TDS rules change from this month. Check details here
In the Union Budget 2021, the Finance Ministry has introduced a fresh rule to deduct Tax Deducted at Source (TDS) at a higher rate for those who failed to file their income tax returns for the past couple of years.
02 Jul 2021
Sensex snaps four-day losing streak, ends 166 points higher
Snapping its four-session losing run, equity benchmark Sensex jumped 166 points on Friday, led by gains in index majors Reliance Industries, ICICI Bank, and HDFC.
01 Jul 2021
Zoom announces plans to acquire machine translation start-up Kites
Popular video calling platform Zoom has announced plans to acquire Karlsruhe Information Technology Solutions GmbH, also known as Kites.
30 Jun 2021
Google admits that employees listen to some 'Ok Google' queries
We previously reported that a Parliamentary Standing Committee on Information Technology had summoned executives of Silicon Valley giants Facebook and Google to discuss the safety of citizens and their rights online.
30 Jun 2021
Bharat Biotech denies wrongdoing in $324mn COVAXIN deal with Brazil
Hyderabad-based pharmaceutical company Bharat Biotech denied any wrongdoing on its part after Brazil suspended a $324 million contract for doses of its COVID-19 vaccine COVAXIN.
29 Jun 2021
Eavesdropping, women's safety discussed at Facebook, Google IT panel meet
Officials of Facebook and Google appeared before a Parliamentary panel on Information Technology in Delhi on Tuesday regarding the misuse of social media platforms.
29 Jun 2021
Fuel prices jump once again. Check rates in your city
Fuel prices across India were hiked once again on Tuesday, after remaining stable the previous day.
29 Jun 2021
Facebook has become $1 trillion company in just 17 years
Mark Zuckerberg-led Facebook now has a market value of over $1 trillion, thanks to a 4.2 percent uptick in its share price on Monday. Remarkably, it has achieved this milestone faster than any other technology firm.
28 Jun 2021
FM announces Rs. 1.1 lakh-crore loan guarantee for COVID-hit sectors
Union Finance Minister Nirmala Sitharaman addressed a key press conference on Monday, announcing a slew of economic relief measures.
28 Jun 2021
Shashi Tharoor-led parliamentary committee summons Google, Facebook
The Indian government's Parliamentary Standing Committee on Information Technology has requested officials from Google and Facebook to convene for a meeting on June 29 (Tuesday) to discuss how citizens should be safeguarded online.
28 Jun 2021
Twitter's grievance officer quits within weeks amid row with Centre
Twitter's interim grievance officer has reportedly resigned, causing more trouble for the microblogging platform that has been at odds with the Indian government.
26 Jun 2021
Petrol crosses Rs. 100 a liter in Tamil Nadu
Petrol prices soared past the Rs. 100-a-liter mark in Tamil Nadu after fuel prices were hiked again on Saturday.
24 Jun 2021
Petrol nears Rs. 99/liter mark in Chennai after latest hike
Petrol prices in Chennai neared Rs. 99 per liter mark on Thursday after fuel prices were increased again on firming international oil rates.
24 Jun 2021
Reliance AGM: Ambani inducts Saudi Aramco chairman on RIL board
Reliance Industries Limited (RIL) held its 44th annual general meeting (AGM) on Thursday, during which, the company made several key announcements regarding its telecom, retail, and oil-to-chemicals business.
24 Jun 2021
Everything that Ambani announced at Reliance's Annual General Meeting 2021
Today, Mukesh Ambani-led conglomerate Reliance Industries Ltd. (RIL) held its 44th Annual General Meeting (AGM), virtually. The event commenced at 2pm and was streamed live on the JioMeet platform.
24 Jun 2021
Sensex jumps over 200 points in early trade
Equity benchmark Sensex jumped over 200 points in early trade on Thursday, tracking gains in index majors Infosys, TCS, and HDFC Bank amid heavy foreign fund inflow.
24 Jun 2021
McAfee founder dies of 'apparent suicide' in Spanish prison
John McAfee, the founder of the antivirus software McAfee, was found dead in his jail cell in Spain on Wednesday.
23 Jun 2021
Warren Buffett resigns as Bill & Melinda Gates Foundation trustee
Billionaire Warren Buffett on Wednesday announced that he has resigned as a trustee at the Bill & Melinda Gates Foundation.
23 Jun 2021
Google's new tool adjusts employee salary according to work-from-home location
Search giant Google rolled out a new tool called "Work Location Tool" for employees on Tuesday that would estimate how an employee's pay would change depending on their work location preferences.
23 Jun 2021
Google is now accepting submissions for 2021 Material Design Awards
On June 21, Google began welcoming submissions for its annual contest that rewards ingenious use of the Material Design system across four categories.
22 Jun 2021
NCLT approves Jalan-Kalrock consortium's plan for Jet Airways
The National Company Law Tribunal (NCLT) on Tuesday cleared the resolution plan of Kalrock Capital and entrepreneur Murari Lal Jalan for the revival of the bankrupt Jet Airways.
22 Jun 2021
Sensex rallies over 350 points to hit record intra-day high
Equity benchmark Sensex rallied over 350 points to scale a fresh intra-day record in early trade on Tuesday, tracking gains in index-heavyweights Reliance Industries, HDFC twins, and ICICI Bank, amid a positive trend in global equities.
21 Jun 2021
Samsung shifts its display manufacturing facility from China to Noida
South Korean electronics giant Samsung has successfully shifted its display manufacturing facilities from China to Noida in Chief Minister Yogi Adityanath-led Uttar Pradesh, all thanks to India's industry-friendly policies.
21 Jun 2021
Sensex tanks nearly 600 points in early trade
Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities.
19 Jun 2021
Boeing's newest version of the 737 Max makes first flight
Boeing's newest version of the 737 Max 10 jetliner made its first test flight on Friday, taking off near Seattle for an expected two-hour trip that the company hopes will signal improving fortunes for its most important plane.
17 Jun 2021
OnePlus is merging with OPPO, but will operate independently
OnePlus and OPPO are sister concerns owned by the Chinese parent group BBK Electronics. After increasingly close collaboration between the two brands over the years, OnePlus is officially merging with OPPO.
17 Jun 2021
Sensex drops over 300 points in early trade
Equity benchmark Sensex tumbled over 300 points in early trade on Thursday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Reliance Industries amid a largely negative trend in global equities.
16 Jun 2021
How to apply for PAN instantly on new Income-Tax portal
Permanent Account Number (PAN) is an important alphanumeric identity issued by the Income Tax Department to all the taxpayers in India.
16 Jun 2021
Twitter loses legal shield in India over non-compliance of rules
Twitter has lost indemnity in India for failing to comply with the new IT rules on time, implying the company no longer enjoys legal protection from prosecution over posts from its users.
16 Jun 2021
Twitter, Facebook under regulatory scanner for hosting unregulated adoption activity
The National Commission for Protection of Child Rights (NCPCR) has officially intimated social media platforms such as Twitter, Facebook, WhatsApp, and Telegram over what's alleged to be activities related to illegal adoption of COVID-19 orphans.
