The IPO of One MobiKwik Systems Ltd, the parent company of digital payments platform MobiKwik, has been fully subscribed within the first hour of its launch today.

11 Dec 2024

Elon Musk

SpaceX's valuation skyrockets to $350 billion after share sale

SpaceX, the top rocket and satellite manufacturer owned by Elon Musk, has seen its valuation skyrocket to nearly $350 billion.

10 Dec 2024

Shaktikanta Das

Key decisions that marked Shaktikanta Das's tenure as RBI Governor

Shaktikanta Das, the 25th Governor of the Reserve Bank of India (RBI), has been a beacon of decisive leadership amid the worst economic challenges.

10 Dec 2024

Reserve Bank Of India (RBI)

Indian rupee plunges to lifetime low of 84.80 against USD

The Indian rupee plunged sharply on December 10, hitting an all-time low of 84.80 against the US dollar. This beats the previous record low of 84.7575 set only last week.

10 Dec 2024

Amazon

Amazon eyes exports worth $80 billion from India by 2030

Amazon has announced a major expansion of its export commitment from India, promising to enable $80 billion in cumulative exports by 2030.

10 Dec 2024

Startups

YesMadam denies firing stressed employees, calls it awareness campaign

Noida-based beauty services start-up YesMadam has denied allegations of firing employees over work-related stress.

10 Dec 2024

Europe

EU investigating Google, Meta over secret advertising deal targeting teens

The European Commission, the executive arm of the European Union, has launched an investigation into a secret advertising deal between tech giants Google and Meta.

10 Dec 2024

Food

Hershey's shares surge as Cadbury parent explores acquisition

Hershey, the famous American chocolate maker, has seen a huge jump in its share value.

10 Dec 2024

Rupert Murdoch

Court denies Rupert Murdoch's attempt to change family trust

Rupert Murdoch, the media mogul behind News Corp and Fox News, has failed in his attempt to change a family trust.

10 Dec 2024

Mukesh Ambani

India's largest company seeks $3 billion loan to refinance debt

Billionaire Mukesh Ambani's Reliance Industries, India's largest company by market capitalization, is said to be in talks with a number of banks for a $3 billion loan.

10 Dec 2024

Boeing

Boeing lays off hundreds of employees, resumes 737 MAX production

Aerospace giant Boeing has confirmed that it has laid off nearly 900 employees across Washington and California.

09 Dec 2024

China

China probes NVIDIA for alleged anti-monopoly law violations

China's market regulator, the State Administration for Market Regulation (SAMR), has launched an investigation against US chipmaker NVIDIA.

09 Dec 2024

ICICI Bank

ICICI Bank's RTGS service to be unavailable on December 15

ICICI Bank has announced a temporary suspension of its Real-Time Gross Settlement (RTGS) service for scheduled maintenance.

09 Dec 2024

Vodafone Idea

Vodafone Idea board approves raising ₹1,980 crore via share sale

Vodafone Idea's plans to raise up to ₹1,980 crore via a preferential share sale have been approved by the board.

09 Dec 2024

Life Insurance Corporation of India

LIC to enroll 1L women as 'Bima Sakhis' in 2025

The Life Insurance Corporation of India (LIC) has unveiled an ambitious plan to enroll one lakh women under its Bima Sakhi scheme within the next 12 months.

09 Dec 2024

Adani Group

Adani Group to invest ₹7.5 lakh crore in Rajasthan

In a major boost to Rajasthan, Adani Group has announced a whopping ₹7.5 lakh crore investment plan.

09 Dec 2024

Narendra Modi

India's billionaire count doubles to 185 in 10 years

The number of billionaires in India has more than doubled to 185 over the last decade under Prime Minister Narendra Modi's leadership, according to a UBS report.

09 Dec 2024

Reserve Bank Of India (RBI)

Modi government appoints Sanjay Malhotra as new RBI Governor

Sanjay Malhotra, a veteran bureaucrat and a 1990-batch IAS officer, has been appointed as the new Governor of the Reserve Bank of India (RBI).

09 Dec 2024

Delhi

Will Shaktikanta Das continue as RBI Governor? Decision expected soon

The Indian government is all set to announce its decision on the appointment of a new Reserve Bank of India (RBI) governor or the extension of incumbent Governor Shaktikanta Das's term.

09 Dec 2024

Air India

Air India orders 100 additional Airbus aircraft to expand fleet

Tata Group's Air India has placed an order for 100 more Airbus aircraft as part of its expansion strategy.

09 Dec 2024

Amazon

CCI moves SC to expedite antitrust probe against Flipkart, Amazon

The Competition Commission of India (CCI) has moved the Supreme Court, seeking the consolidation of all cases against e-commerce behemoths Amazon and Flipkart.

09 Dec 2024

Amazon

How much tech giants spend on their CEOs' security

Leading tech giants like Apple, Google, Meta, Tesla, and others are spending huge amounts on security and private transportation for their top executives.

09 Dec 2024

China

China shifts monetary policy stance for first time since 2011

China's top leaders have announced a major shift in their monetary policy approach, the first such shift in nearly 14 years.

09 Dec 2024

Jeff Bezos

World's second richest man prefers 'messy' meetings that disrupt schedules

Amazon founder Jeff Bezos has revealed his unique way of conducting business meetings.

09 Dec 2024

Allen Career Institute

Unacademy CEO dismisses rumors of $800M acquisition by Allen Institute

Unacademy co-founder and CEO Gaurav Munjal has publicly refuted rumors of a potential $800 million acquisition by Allen Career Institute.

09 Dec 2024

Bharti Airtel

Airtel's AI has flagged 8B spam calls in 2.5 months

Bharti Airtel, one of the leading telecom companies in India, has said its AI-based solution has detected an incredible eight billion spam calls and 800 million spam messages in just two and a half months since launch.

09 Dec 2024

IRDAI

Penalize auto dealers for charging excessive commissions: Insurers to IRDAI

A group of general insurance officials has requested the Insurance Regulatory and Development Authority of India (IRDAI), to take action against motor insurance service providers (MISPs).

09 Dec 2024

Flipkart

Myntra swings to profit in FY24 after FY23 ₹782cr loss

Flipkart-owned fashion e-commerce platform Myntra has reported a remarkable financial turnaround in the fiscal year ending March 2024.

09 Dec 2024

Stock Market

LG, Vishal Mega Mart, MobiKwik: Upcoming IPOs in India

Dalal Street is gearing up for a busy IPO season with 15 companies, including LG Electronics India and Vishal Mega Mart, set to list in December and early January.

09 Dec 2024

COVID-19

10 notable companies that went bankrupt in 2024

The year 2024 has been characterized by severe economic downturn, forcing many prominent companies to file for bankruptcy.

09 Dec 2024

Flipkart

Flipkart plans to launch IPO in 12-15 months: Report

India's leading e-commerce platform Flipkart is gearing up for an IPO in the next 12-15 months, according to The Economic Times.

08 Dec 2024

HDFC Bank

Top 6 Indian companies add ₹2L crore to market cap

The cumulative market valuation of six of the top 10 most-valued Indian companies, saw a major jump last week.

08 Dec 2024

Foreign Investment

India's FDI inflows cross $1T mark, Mauritius tops investor list

India has managed to draw more than $1 triilion in foreign direct investment (FDI) between April 2000 and September 2024.

08 Dec 2024

PhonePe

How to apply for a loan on PhonePe

PhonePe, India's leading digital payments platform, lets users apply for loans directly from its app.

08 Dec 2024

International Monetary Fund

India's forex reserves surge $1.51B to $658B, reversing previous declines

India's foreign exchange (forex) reserves surged by a whopping $1.51 billion to $658.091 billion for the week ending November 29, data released by the Reserve Bank of India (RBI) showed.

07 Dec 2024

IndiGo

Mahindra contesting IndiGo's claim over trademark, renames new SUV 'BE6'

Mahindra will fight the '6e' trademark dispute with InterGlobe Aviation, which owns IndiGo, in court.

07 Dec 2024

Securities and Exchange Board of India

Blackstone-backed jewelry certification firm opening ₹4,225cr IPO next week

The IPO of Blackstone-backed International Gemological Institute (IGI) will open on December 13. The issue seeks to raise ₹4,225 crore.

07 Dec 2024

Government of India

What is Paytm Gold and how to invest?

Paytm, India's leading digital payments platform, has changed the way we invest in gold.

07 Dec 2024

PhonePe

How to get roadside car assistance in minutes using PhonePe

Roadside assistance is an optional add-on that can be included in a comprehensive car insurance policy.

07 Dec 2024

Paytm

How to check your mutual fund portfolio on Paytm?

Paytm, India's leading digital payments platform, lets users have a quick look at their entire mutual fund portfolio.

07 Dec 2024

Securities and Exchange Board of India

LG India files papers with SEBI for ₹15,000 crore IPO

LG Electronics India, the Indian arm of South Korean tech giant LG Electronics, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).

06 Dec 2024

Amazon

From Google's gaffe to CrowdStrike outage: 2024's biggest business blunders

In 2024, business failures were widespread, with companies in various sectors grappling with blunders ranging from AI missteps to technological glitches and manufacturing errors.

06 Dec 2024

Climate Change

Why McKinsey's involvement in Australia's climate policy is raising eyebrows

Leading consulting firm McKinsey has been awarded a $1.6 million contract by the Australian government to advise on energy and climate policy over an 11-week period.

06 Dec 2024

Intel

Intel appoints chip industry veterans to board amidst CEO search

Intel has announced the appointment of two chip industry veterans, Eric Meurice and Steve Sanghi, to its board.

06 Dec 2024

Reserve Bank Of India (RBI)

NRIs can now earn 2x interest on deposits in India

The Reserve Bank of India (RBI) has announced a major hike in the interest rate cap on Foreign Currency Non-Resident Bank (FCNR(B)) deposits.

06 Dec 2024

Ather Energy

All Indian start-ups that turned unicorns in 2024

The Indian start-up ecosystem experienced remarkable growth in 2024, with six companies joining the prestigious unicorn club—firms valued at $1 billion or more.

06 Dec 2024

Donald Trump

Elon Musk donated over $250M to Donald Trump's presidential campaign

Tesla CEO Elon Musk, the world's richest man, has emerged as a major financial backer of President-elect Donald Trump's successful quest for the White House.

06 Dec 2024

Paytm

Paytm to sell stake in PayPay to SoftBank for $250M

One97 Communications, the parent company of Indian fintech giant Paytm, is close to finalizing a deal to sell its stake in Japan's digital payments firm, PayPay Corporation.

06 Dec 2024

Inflation

RBI lowers FY25 GDP growth forecast from 7.2% to 6.6%

The Reserve Bank of India (RBI) has lowered its growth projection for India's Gross Domestic Product (GDP) for the fiscal year 2025.

06 Dec 2024

Elon Musk

Elon Musk's xAI secures $6B to advance its AI ambitions

Elon Musk's artificial intelligence (AI) firm, xAI, has raised a whopping $6 billion in fresh funding.

06 Dec 2024

Goldman Sachs

RBI maintains repo rate at 6.5% amid inflation, growth concerns

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has opted to keep the repo rate unchanged at 6.5% for the 11th consecutive meeting.

05 Dec 2024

Reserve Bank Of India (RBI)

UPI's evolution in 2024: New features, global reach, and more

The Unified Payments Interface (UPI) has solidified its dominance in 2024, transforming the way India handles digital transactions.

05 Dec 2024

Initial Public Offering (IPO)

Up to 300% returns! Check 2024's top performing IPOs

The Indian stock market has had a solid 2024, with many mainboard issues garnering massive interest from investors.

05 Dec 2024

Canara Bank

Canara Bank revises fixed deposit interest rates: Check new figures

Canara Bank has revised its fixed deposit (FD) interest rates for amounts less than ₹3 crore, effective December 1, 2024.

05 Dec 2024

Bitcoin

How this lesser-known company became world's largest corporate Bitcoin holder

MicroStrategy Inc., a leading business intelligence and software solutions provider, has witnessed a whopping 2,800% rise in its share value over the last two years. The rise can largely be credited to the company's investment in Bitcoin.

05 Dec 2024

Google