Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

Realme Narzo 20 Pro is available with Rs. 3,000 discount

Realme Narzo 20 Pro is available with Rs. 3,000 discount

Timelines
Flipkart Black Friday Sale: Best offers on smartphones

26 Nov 2020

Flipkart Black Friday Sale: Best offers on smartphones

Flipkart has kicked-off its Black Friday Sale in India starting today. Under the sale, which will end on November 30, the e-commerce giant is offering attractive offers on some of the best-selling smartphones.

#DealOfTheDay: Vivo V20 is available with benefits worth Rs. 5,500

26 Nov 2020

#DealOfTheDay: Vivo V20 is available with benefits worth Rs. 5,500

If you are planning to own a good mid-range smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 3,000 on the Vivo V20 (8GB/128GB) model.

Climate change may cost Indian GDP $200bn by 2030: Report

26 Nov 2020

Climate change may cost Indian GDP $200bn by 2030: Report

The worsening effects of climate change may pose a massive risk of $200 billion to India's GDP (gross domestic product) by 2030, revealed a report by McKinsey Global Institute (MGI).

RBI Governor Shaktikanta Das happy with Indian economy's recovery

26 Nov 2020

RBI Governor Shaktikanta Das happy with Indian economy's recovery

RBI Governor Shaktikanta Das is happy with the way the Indian economy is performing. On Thursday, he said that the pick-up in recovery has been stronger than expected.

Cabinet clears crisis-hit Lakshmi Vilas Bank's merger with DBS Bank

25 Nov 2020

Cabinet clears crisis-hit Lakshmi Vilas Bank's merger with DBS Bank

The Union Cabinet on Wednesday approved the amalgamation of the crisis-hit Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL), the Indian arm of Singapore's DBS Bank.

Contract for building India's longest river bridge goes to L&T

25 Nov 2020

Contract for building India's longest river bridge goes to L&T

The construction wing of infrastructure giant, Larsen and Toubro (L&T), has landed the contract for building India's largest river bridge, reports said.

Indian government to set up 69,000 EV charging stations

25 Nov 2020

Indian government to set up 69,000 EV charging stations

Union Transport Minister Nitin Gadkari has announced to set up one e-charging kiosk at around 69,000 petrol stations across India, furthering the government's plan to make India an electric vehicle nation by 2030.

#DealOfTheDay: Mi 10T Pro is available with Rs. 9,500 discount

24 Nov 2020

#DealOfTheDay: Mi 10T Pro is available with Rs. 9,500 discount

If you are planning to own a flagship smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 8,000 on the flagship Mi 10T Pro (8GB/128GB) model.

Tata group to infuse $50 million in AirAsia India: Report

24 Nov 2020

Tata group to infuse $50 million in AirAsia India: Report

The Tata group is poised to provide as much as $50 million (approximately Rs. 370 crore) in emergency funding to AirAsia India, according to a report.

India's smartphone exports may reach record $1.5B in 2020: Study

24 Nov 2020

India's smartphone exports may reach record $1.5B in 2020: Study

India's mobile phone exports in 2020 are likely to cross a record $1.5 billion (over Rs. 11,000 crore), a report by analysis and research firm techARC has shown.

#DealOfTheDay: Realme X50 Pro is available with Rs. 8,500 discount

23 Nov 2020

#DealOfTheDay: Realme X50 Pro is available with Rs. 8,500 discount

If you are planning to own a flagship smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 7,000 on the flagship Realme X50 Pro (12GB/256GB) model.

#DealOfTheDay: POCO X3 is available with Rs. 3,000 discount

21 Nov 2020

#DealOfTheDay: POCO X3 is available with Rs. 3,000 discount

If you are planning to own a good mid-range smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 3,000 on the POCO X3 (6GB/64GB) model.

Tata JLR moves court against Volkswagen Group over patent tussle

20 Nov 2020

Tata JLR moves court against Volkswagen Group over patent tussle

Tata Motors-owned Jaguar Land Rover has filed a complaint with the US International Trade Commission to block imports of Audi, Lamborghini, Porsche, and Volkswagen SUVs over a patent tussle.

Reliance Retail raises Rs. 47,265cr from sale of 10% stake

20 Nov 2020

Reliance Retail raises Rs. 47,265cr from sale of 10% stake

Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.

#DealOfTheDay: Samsung Galaxy S10+ is available with Rs. 39,000 discount

18 Nov 2020

#DealOfTheDay: Samsung Galaxy S10+ is available with Rs. 39,000 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 39,001 on the Samsung Galaxy S10+ (8GB/128GB) model.

Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs. 25,000

17 Nov 2020

Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs. 25,000

The Centre on Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank (LVB) under a moratorium for a period of one month, the Ministry of Finance said.

#DealOfTheDay: OPPO Reno3 Pro is available with Rs. 7,000 discount

17 Nov 2020

#DealOfTheDay: OPPO Reno3 Pro is available with Rs. 7,000 discount

If you are planning to own a premium smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 7,000 on the OPPO Reno3 Pro (8GB/128GB) model.

#DealOfTheDay: OPPO Reno2 F is available with Rs. 4,000 discount

16 Nov 2020

#DealOfTheDay: OPPO Reno2 F is available with Rs. 4,000 discount

If you are planning to own a budget-friendly smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 3,000 on the OPPO Reno2 F (6GB/256GB) model.

Reliance buys 96% stake in Urban Ladder for Rs. 182cr

15 Nov 2020

Reliance buys 96% stake in Urban Ladder for Rs. 182cr

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd. (RIL), has acquired a majority stake in online furniture retailer Urban Ladder, the company announced on Sunday.

US: Trump administration's TikTok sale deadline extended by 15 days

14 Nov 2020

US: Trump administration's TikTok sale deadline extended by 15 days

American authorities have given ByteDance, the Chinese owner of TikTok, additional time to divest the popular short-video platform's business to resolve national security concerns raised by the Trump administration.

#DealOfTheDay: Samsung Galaxy A70s is available with Rs. 14,500 discount

13 Nov 2020

#DealOfTheDay: Samsung Galaxy A70s is available with Rs. 14,500 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 13,001 on the Samsung Galaxy A70s (6GB/128GB) model.

RIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures

13 Nov 2020

RIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures

Reliance Industries will be investing $50 million (approximately Rs. 373 crore) in Breakthrough Energy Ventures, a firm established by billionaire philanthropist Bill Gates in 2015 to battle climate change.

#DealOfTheDay: Nokia 5.3 is available with benefits worth Rs. 6,800

12 Nov 2020

#DealOfTheDay: Nokia 5.3 is available with benefits worth Rs. 6,800

If you are planning to own an affordable smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 4,300 for the Nokia 5.3 (6GB/64GB) model.

In a first, India enters technical recession, says RBI

12 Nov 2020

In a first, India enters technical recession, says RBI

India likely entered into a technical recession for the first time in its history at the end of the first half of 2020-21, according to the Reserve Bank of India (RBI).

#DealOfTheDay: POCO X3 is available with Rs. 4,500 discount

11 Nov 2020

#DealOfTheDay: POCO X3 is available with Rs. 4,500 discount

If you are planning to own a good mid-range smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 3,000 on the POCO X3 (6GB/64GB) model.

Digital news, streaming platforms to be regulated by I&B Ministry

11 Nov 2020

Digital news, streaming platforms to be regulated by I&B Ministry

Online news portals and content providers, like Netflix and Amazon Prime, will now be regulated by the Information and Broadcasting Ministry, a notification issued on Wednesday read.

#DealOfTheDay: Mi 10T is available with Rs. 7,500 discount

10 Nov 2020

#DealOfTheDay: Mi 10T is available with Rs. 7,500 discount

If you are planning to own a flagship smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 4,000 on the Mi 10T (6GB/128GB) model.

Sensex, Nifty hit record highs as markets welcome vaccine news

10 Nov 2020

Sensex, Nifty hit record highs as markets welcome vaccine news

Domestic stock markets hit fresh record highs on Tuesday as drugmakers Pfizer and BioNTech announced that their COVID-19 vaccine candidate was over 90% effective.

India launches antitrust investigation against Google over payments app

10 Nov 2020

India launches antitrust investigation against Google over payments app

The Competition Commission of India (CCI) on Monday ordered a probe against tech giant Google over alleged abuse of its dominant position in its app store to promote its payments service.

#DealOfTheDay: Samsung Galaxy F41 is available with Rs. 6,000 discount

09 Nov 2020

#DealOfTheDay: Samsung Galaxy F41 is available with Rs. 6,000 discount

If you are planning to own a good mid-range smartphone, this might interest you. Flipkart is offering a discount of Rs. 4,500 on the Samsung Galaxy F41 (6GB/128GB) model.

Four years after demonetization, cash in system at all-time high

09 Nov 2020

Four years after demonetization, cash in system at all-time high

Four years after the demonetization move was announced, not much has changed in terms of cash available in the Indian system. On the fortnight ending October 23, 2020, notes worth a staggering Rs. 26.19 lakh crore remained with the public, despite the government pushing for digital transactions.

#DealOfTheDay: Vivo V20 SE is available with Rs. 7,500 discount

07 Nov 2020

#DealOfTheDay: Vivo V20 SE is available with Rs. 7,500 discount

If you are planning to own a premium smartphone, this might be a suitable deal for you. Flipkart is offering a discount of Rs. 4,000 on the Vivo V20 SE (8GB/128GB) model.

#DealOfTheDay: iPhone 11 Pro is available with Rs. 31,600 discount

06 Nov 2020

#DealOfTheDay: iPhone 11 Pro is available with Rs. 31,600 discount

If you are planning to own a flagship iPhone, this might be a good deal for you. Flipkart is offering a discount of Rs. 26,601 on the iPhone 11 Pro (64GB storage model).

PM projects India as investor-friendly at Virtual Global Investor Roundtable

06 Nov 2020

PM projects India as investor-friendly at Virtual Global Investor Roundtable

Prime Minister Narendra Modi on Thursday chaired the Virtual Global Investor Roundtable 2020, attended by leading institutional investors from the US, Europe, Canada, Korea, Japan, Middle East, Australia, and Singapore.

IndiGo in talks over a mega $10bn jet engine order

06 Nov 2020

IndiGo in talks over a mega $10bn jet engine order

At a time when the aviation sector is struggling to recover from the crisis following the coronavirus pandemic, IndiGo is in talks with Pratt & Whitney and CFM International over a mega jet engine order.

WhatsApp's payments service is finally here: How to use it

06 Nov 2020

WhatsApp's payments service is finally here: How to use it

WhatsApp has launched its payments service in India after receiving a nod from the National Payments Corporation of India (NPCI).

Flipkart Big Diwali Sale 2020: Unmissable deals on smartphones

06 Nov 2020

Flipkart Big Diwali Sale 2020: Unmissable deals on smartphones

Flipkart is all set to kick off its Big Diwali Sale from November 8. Under the sale, which will end on November 13, the e-commerce giant will offer attractive discounts on a range of products including some of the best-selling smartphones.

#DealOfTheDay: Vivo X50 is available with Rs. 6,500 discount

05 Nov 2020

#DealOfTheDay: Vivo X50 is available with Rs. 6,500 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 5,000 on the Vivo X50 (8GB/128GB) model.

#DealOfTheDay: OPPO A5 2020 is available with Rs. 7,000 discount

04 Nov 2020

#DealOfTheDay: OPPO A5 2020 is available with Rs. 7,000 discount

If you are planning to own an affordable smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 5,000 on the OPPO A5 2020 (3GB/64GB) model.

#DealOfTheDay: OnePlus 7T Pro is available with Rs. 15,000 discount

03 Nov 2020

#DealOfTheDay: OnePlus 7T Pro is available with Rs. 15,000 discount

If you are planning to own a premium smartphone, this might be a suitable deal for you. Amazon is offering a discount of Rs. 10,000 on the OnePlus 7T Pro (8GB/256GB) model.

US funds lower valuation of Paytm, Ola due to COVID-19

03 Nov 2020

US funds lower valuation of Paytm, Ola due to COVID-19

United States-based mutual funds have reportedly lowered the valuation of the mobile payments app Paytm and the cab-hailing platform Ola as the coronavirus pandemic disrupted their businesses.

Sony may buy out anime streamer Crunchyroll for nearly $1bn

02 Nov 2020

Sony may buy out anime streamer Crunchyroll for nearly $1bn

It seems like Crunchyroll, the premium anime streaming website based out of the United States, may get a confirmed buyer soon.

#DealOfTheDay: OnePlus 7T is available with Rs. 7,000 discount

02 Nov 2020

#DealOfTheDay: OnePlus 7T is available with Rs. 7,000 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 2,000 on the OnePlus 7T (8GB/256GB) model.

Hero MotoCorp records highest ever monthly sales in October

02 Nov 2020

Hero MotoCorp records highest ever monthly sales in October

India's battered auto sector is finally seeing signs of recovery as more and more auto giants register exceptional growth. Hero MotoCorp Ltd. has recorded its highest ever monthly sales in October, with a stunning 35% year-on-year increase in its domestic wholesales.

New record: UPI records over 2 billion transactions in October

02 Nov 2020

New record: UPI records over 2 billion transactions in October

Cashless transaction is getting increasingly popular among Indians as in October, a record two billion plus transactions were recorded through the Unified Payments Interface (UPI) method, data released by the National Payments Corporation of India (NPCI) confirmed on Sunday.

#DealOfTheDay: Samsung Galaxy M51 is available with Rs. 9,500 off

31 Oct 2020

#DealOfTheDay: Samsung Galaxy M51 is available with Rs. 9,500 off

If you are planning to own a good mid-range smartphone, this might be a suitable opportunity for you. Amazon is offering a discount of Rs. 6,500 on the Samsung Galaxy M51 (6GB/128GB) model.

Telangana electric vehicle policy: All you need to know

31 Oct 2020

Telangana electric vehicle policy: All you need to know

The Telangana government on Friday launched the 'Telangana Electric Vehicle & Energy Storage Policy' to promote electric vehicles (EVs) and energy storage systems (ESS) in the state.

#DealOfTheDay: OPPO A52 is available with benefits worth Rs. 9,500

30 Oct 2020

#DealOfTheDay: OPPO A52 is available with benefits worth Rs. 9,500

If you are planning to own a good mid-range smartphone, this might be a suitable opportunity for you. Amazon is offering a discount of Rs. 6.000 on the OPPO A52 (6GB/128GB) model.

Centre extends cap on domestic airfare till February 24

30 Oct 2020

Centre extends cap on domestic airfare till February 24

The lower and upper limits on fares for domestic air travel will remain in place for another three months, till February 24, Union Minister Hardeep Singh Puri said on Thursday.

US court orders ISRO's Antrix to pay $1.2bn compensation

30 Oct 2020

US court orders ISRO's Antrix to pay $1.2bn compensation

In a major setback for Antrix Corporation, the commercial arm of ISRO, a federal court in the US has directed it to pay a compensation of $1.2 billion to Bengaluru-based start-up, Devas Multimedia, for canceling a 2005 satellite deal.

#DealOfTheDay: Redmi 9 Prime is available with Rs. 2,000 discount

29 Oct 2020

#DealOfTheDay: Redmi 9 Prime is available with Rs. 2,000 discount

If you are planning to own an affordable smartphone, this might be a good opportunity for you. Amazon is offering a discount of Rs. 2,000 on the Redmi 9 Prime (4GB/64GB) model.

India can still become a $5 trillion economy: PM Modi

29 Oct 2020

India can still become a $5 trillion economy: PM Modi

Prime Minister Narendra Modi is optimistic that India can still achieve the target of becoming a $5 trillion economy by 2024, despite being badly affected by the coronavirus pandemic.

#DealOfTheDay: Vivo S1 Pro is available with Rs. 6,000 off

28 Oct 2020

#DealOfTheDay: Vivo S1 Pro is available with Rs. 6,000 off

If you are planning to own a good all-rounder smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 6,000 on the Vivo S1 Pro (8GB/128GB) model.

Facebook India policy head Ankhi Das quits after hate-speech row

27 Oct 2020

Facebook India policy head Ankhi Das quits after hate-speech row

On Tuesday, Ankhi Das stepped down as the head of Facebook's public policy in India, South Asia, and Central Asia.

#DealOfTheDay: Mi 10 is available with benefits worth Rs. 18,000

27 Oct 2020

#DealOfTheDay: Mi 10 is available with benefits worth Rs. 18,000

If you are planning to own a flagship smartphone, this might be a suitable opportunity for you. Amazon is offering a discount of Rs. 10,000 on the Mi 10 (8GB/256GB) model.

#DealOfTheDay: Samsung's Note20 is available with benefits worth Rs. 24,800

26 Oct 2020

#DealOfTheDay: Samsung's Note20 is available with benefits worth Rs. 24,800

If you are planning to own a flagship smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 8,001 on the Samsung Galaxy Note20 (8GB/256GB) model.

Future Group, Reliance ignore ruling to hold $3.4bn deal

26 Oct 2020

Future Group, Reliance ignore ruling to hold $3.4bn deal

The Future Group on Monday said that it was examining an order to stall a Rs. 24,713 crore (approximately $3.4 billion) asset sale to Reliance Industries Limited (RIL).

#DealOfTheDay: OnePlus 7T is available with benefits worth Rs. 7,000

24 Oct 2020

#DealOfTheDay: OnePlus 7T is available with benefits worth Rs. 7,000

If you are looking to own a premium smartphone, this might interest you. Amazon is offering a discount of Rs. 2,000 on the OnePlus 7T (8GB/256GB) model.

FY2019-20 ITR deadline revised: Late filing fees, penalties, and more

24 Oct 2020

FY2019-20 ITR deadline revised: Late filing fees, penalties, and more

The last date for filing income tax returns (ITRs) for assessment year (AY) 2020-21, which is the financial year (FY) 2019-20, has been extended by the government to December 31 for individual taxpayers.

Income tax return filing deadline extended till December 31

24 Oct 2020

Income tax return filing deadline extended till December 31

The Finance Ministry on Saturday announced that the deadline for filing income tax returns (ITRs) for the financial year (FY) 2019-20 for individual taxpayers has been extended by a month till December 31.

Experts are overseas: Amazon refuses to appear before Parliament committee

23 Oct 2020

Experts are overseas: Amazon refuses to appear before Parliament committee

E-commerce giant Amazon has refused to appear before a Parliament committee looking into the Personal Data Protection Bill, 2019, saying experts on the matter are abroad.

Onions retailing Rs. 100/kg in Mumbai, Pune; import norms relaxed

22 Oct 2020

Onions retailing Rs. 100/kg in Mumbai, Pune; import norms relaxed

As heavy rainfall has led to a shortage of onion, prices of the staple vegetable have soared to Rs. 100 per kilogram in some markets in Mumbai and Pune.

#DealOfTheDay: OPPO Find X2 is available with Rs. 23,000 discount

22 Oct 2020

#DealOfTheDay: OPPO Find X2 is available with Rs. 23,000 discount

If you are planning to own a flagship smartphone, this might be a suitable opportunity for you. Amazon is offering a discount of Rs. 23,000 on the flagship OPPO Find X2 (12GB/256GB) model.

Quibi is shutting down, Katzenberg blames coronavirus for the failure

22 Oct 2020

Quibi is shutting down, Katzenberg blames coronavirus for the failure

Quibi is shutting down, officially, with its founder Jeffrey Katzenberg confirming the same.

Amazon employees can work from home until June 2021

21 Oct 2020

Amazon employees can work from home until June 2021

Amazon has allowed its employees who can work from home to continue doing so until June 2021. The guidance is applicable for staff members around the world.

#DealOfTheDay: Samsung Galaxy Note10+ available with Rs. 25,000 off

20 Oct 2020

#DealOfTheDay: Samsung Galaxy Note10+ available with Rs. 25,000 off

If you are planning to own a premium smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 25,001 on Samsung's flagship Galaxy Note10+ (12GB/256GB) model.

#DealOfTheDay: Redmi Note 9 Pro Max available with attractive discounts

19 Oct 2020

#DealOfTheDay: Redmi Note 9 Pro Max available with attractive discounts

If you are planning to own a new smartphone without denting your wallet, this might be a good opportunity. Amazon is offering a discount of Rs. 1,000 on the Redmi Note 9 Pro Max (6GB/64GB) model.

Not easy doing business in India, says BMW India head

17 Oct 2020

Not easy doing business in India, says BMW India head

Premium carmakers are being "penalized" for introducing the latest technologies to India in the form of very high taxes, said Vikram Pawah, the President of BMW Group India, Australia, and New Zealand.

Flipkart Big Billion Days: Top-deals on Apple and Samsung smartphones

15 Oct 2020

Flipkart Big Billion Days: Top-deals on Apple and Samsung smartphones

Flipkart has kicked-off its Big Billion Days sale in India starting today for Flipkart Plus members. For other users, the sale will go live starting tomorrow i.e. October 16.

Amid TRP fraud controversy, BARC pauses ratings of news channels

15 Oct 2020

Amid TRP fraud controversy, BARC pauses ratings of news channels

Just as news channels remain embroiled in a petty fight over who leads the viewership race, the Broadcast Audience Research Council (BARC) has decided to pause weekly ratings for three months.

How Blogchatter is helping bloggers blog better

15 Oct 2020

How Blogchatter is helping bloggers blog better

A Google search of 'blogging in India' will show various hacks of becoming a blogger.

After controversial advertisement, Tanishq's employee threatened

14 Oct 2020

After controversial advertisement, Tanishq's employee threatened

The advertisement by popular jewelry brand Tanishq, which was accused of promoting "Love Jihad," sparked a barrage of threats for one of its employees, a Melt report claimed.

Tanishq withdraws advertisement, accused of glorifying "Love Jihad"

13 Oct 2020

Tanishq withdraws advertisement, accused of glorifying "Love Jihad"

Popular jewelry brand Tanishq, from the house of Tata, withdrew an advertisement for its latest collection Ekatvam after the clip triggered immense outrage on social media for glorifying "Love Jihad."