Business News
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Bored Ape NFT creator announces organizational shift, lays off employees
26 Apr 2024
Coca-ColaCoca-Cola inks $1.1B deal with Microsoft for AI integration
Coca-Cola is investing $1.1 billion in a five-year partnership with Microsoft to leverage artificial intelligence (AI) for gaining a competitive edge over rivals.
26 Apr 2024
Maruti SuzukiMaruti Suzuki's Q4 profit increases 48% YoY to ₹3,878 crore
Maruti Suzuki, the nation's leading car manufacturer, has reported a standalone net profit of ₹3,878 crore for the fourth quarter that ended March 31.
26 Apr 2024
BlinkitBlinkit more valuable than Zomato's food delivery business: Goldman Sachs
Goldman Sachs, a leading brokerage firm, has revealed that the value of Zomato's quick commerce venture, Blinkit, has exceeded its main food delivery business.
26 Apr 2024
Stock MarketSensex slips over 600 points, Nifty settles below 22,420 mark
On Friday, the benchmark Sensex and Nifty indices were on a downward trend.
26 Apr 2024
US GovernmentSnap shares surge as restructured digital advertising strategy pays off
Snap Inc.'s restructured digital advertising strategy is yielding positive results as evidenced by the company's latest forecasts.
26 Apr 2024
Deepinder GoyalZomato's Deepinder Goyal behind Delhi's biggest land deal in FY24
Deepinder Goyal, the founder of food delivery giant Zomato, has made a significant mark in Delhi's real estate sector.
26 Apr 2024
Initial Public Offering (IPO)FirstCry to withdraw $500M IPO documents over SEBI's queries
FirstCry, a prominent Indian retailer known for selling baby products, is set to withdraw its $500 million Initial Public Offering (IPO) documents as early as next week.
26 Apr 2024
Tata SonsTata Electronics to soon manufacture iPhone casings in India
Tata Electronics, a subsidiary of the Tata Sons, has recently embarked on a strategic collaboration aimed at bringing iPhone casing production to India.
26 Apr 2024
Elon MuskElon Musk's xAI close to securing $6 billion funding
Elon Musk's artificial intelligence venture, xAI, is close to securing a massive $6 billion in funding, according to TechCrunch.
26 Apr 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has lost 0.04% in the last 24 hours, trading at $64,257.32. It is 2.83% up compared to last week.
26 Apr 2024
Tech MahindraTech Mahindra shares surge 10%: What driving the rally?
Tech Mahindra, a prominent IT firm in India, saw its share price surge by 10% during intraday trading to ₹1,309 per share.
25 Apr 2024
Kotak Mahindra BankUday Kotak loses ₹10,225cr as Kotak Bank's share price plummets
Uday Kotak, the non-executive director of Kotak Mahindra Bank since January 1, 2024, has experienced a significant loss of wealth today.
25 Apr 2024
Mark ZuckerbergZuckerberg's shocking salary: $1 base but millions in other income
Mark Zuckerberg, the CEO of Meta, is known for his nominal $1 base salary, making him the lowest-paid employee at the tech giant on paper.
25 Apr 2024
SensexSensex climbs to 74,340 points, Nifty settles above 22,570
On Thursday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.65% to 74,339.44 points while the Nifty gained 0.74% to end at 22,570.35 points.
25 Apr 2024
StartupsLenskart in talks to raise $200M at valuation of $5B
Lenskart, a prominent eyewear retailer in India, is reportedly discussing a potential $200 million investment deal with Singapore's Temasek and US-based Fidelity.
25 Apr 2024
MetaMeta sheds $200 billion in market value on bleak forecasts
Meta, the parent company of Facebook and Instagram, experienced a significant drop in its stock market value this Wednesday, resulting in a loss of nearly $200 billion.
25 Apr 2024
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has shed 4.15% over the last 24 hours, trading at $64,168.87. It is 3.96% higher than previous week.
25 Apr 2024
JioCinemaJioCinema's new subscription plans offer ad-free content starting at ₹29/month
JioCinema is set to revolutionize the premium streaming sector with the launch of subscription plans starting at just ₹29 per month.
24 Apr 2024
StartupsFormer Stanford University president's AI start-up raises $1 billion
Xaira Therapeutics, a new entrant in the drug development industry, has successfully raised $1 billion in funding.
24 Apr 2024
ChinaHuawei effect: Apple's iPhone sales in China drop by 19%
Apple's iPhone sales in China have experienced a significant 19% drop at the start of the year, marking the tech giant's most challenging period since the onset of the COVID-19 pandemic in 2020.
24 Apr 2024
Reserve Bank Of India (RBI)RBI bans Kotak Mahindra Bank from onboarding new customers
The Reserve Bank of India (RBI) has imposed restrictions on Kotak Mahindra Bank (KMB), barring it from acquiring new customers through its digital platforms and issuing new credit cards.
24 Apr 2024
Indian GovernmentIndian government allows standard TDS rates for PAN-Aadhaar-linked individuals
The Indian government has permitted deductors to apply standard Tax Deduction at Source (TDS) rates for individuals, who have linked their PAN with Aadhaar by May 31, 2024.
24 Apr 2024
SensexSensex closes above 73,850 points, Nifty reclaims 22,400 mark
On Wednesday, major indices of the Indian stock market ended flat but in the green with the Sensex settling at 73,852.94 points and the Nifty closing at 22,402.4 points.
24 Apr 2024
Bharti AirtelJio surpasses China Mobile to become world's largest mobile operator
Reliance Jio has surpassed China Mobile to become the world's largest mobile operator by data traffic consumption.
24 Apr 2024
Electric VehiclesMacquarie launches $1.5 billion EV financing platform in India
Macquarie, the Australian financial giant, has launched Vertelo, a platform aimed at accelerating the adoption of electric vehicles (EVs) in India.
24 Apr 2024
CREDPayU gets RBI's nod to operate as a payment aggregator
PayU has finally received RBI's approval to operate as a Payment Aggregator (PA).
24 Apr 2024
StartupsZilingo ex-CEO Ankiti Bose files FIR against co-founder, COO
Ankiti Bose, the former CEO and founding member of fashion-focused e-commerce start-up Zilingo, has filed an FIR against co-founder Dhruv Kapoor, and ex-Chief Operating Officer (COO) Aadi Vaidya.
24 Apr 2024
SpotifySpotify's quarterly profit exceeds €1B for first time, shares surge
Spotify, the globally popular music streaming platform, experienced a significant surge in its shares by up to 16% on Tuesday.
24 Apr 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, XRP, Solana
Bitcoin has climbed 0.44% over the last 24 hours, trading at $66,789.99. It is 4.05% higher than previous week.
24 Apr 2024
Elon MuskTesla's net profit for Q1 drops by 55% to $1.13B
Tesla's net profit for the first quarter of 2024 plummeted to $1.13 billion, marking a significant 55% decrease from the $2.51 billion reported in the same period last year.
24 Apr 2024
NVIDIAAI startup Perplexity hits unicorn status as it challenges Google
Perplexity, an emerging startup in the artificial intelligence (AI) search field, has raised approximately $63 million in its latest funding round.
23 Apr 2024
BharatPeMeet Bharatpe One: An all-in-one payment device for merchants
BharatPe, a prominent Indian fintech firm, has introduced its latest product, the BharatPe One.
23 Apr 2024
StartupsIndian space-tech startup raises $9.4M to build spacecraft manufacturing facility
Dhruva Space, an Indian space-tech startup, has successfully raised $9.4 million in its latest funding round.
23 Apr 2024
WeWorkWeWork India eyes ₹1,000cr funding from Enam, A91 Partners, others
WeWork India, a major player in the flexible co-working space sector, is reportedly in discussions to secure a funding round of ₹1,000 crore.
23 Apr 2024
Stock MarketSensex closes at 73,738 points, Nifty settles near 22,370 mark
On Tuesday, major indices of the stock market ended in the green.
23 Apr 2024
ChinaWhy China is encouraging citizens to trade-in old cars, appliances
China is encouraging its citizens to trade in their old cars and home appliances, such as refrigerators, in a bid to boost consumer spending and stimulate economic growth amid challenging times.
