Business News
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29 Jun 2020
FacebookCoca-Cola to Unilever, these big brands are boycotting Facebook ads
Facebook is heavily reliant on a revenue model where it shows personalized ads from brands and generates money from the businesses for providing ad space and the resulting traction.
28 Jun 2020
IRDAISell standardized COVID-19 policies: IRDAI to insurance companies
As the number of COVID-19 cases continues to surge, the national insurance regulator is pushing standardized policies to help people protect themselves from the deadly disease.
27 Jun 2020
MicrosoftMicrosoft is closing all its stores: Here's why
In a bid to adjust with the new 'normal', Microsoft has announced the plan to close its physical stores permanently.
26 Jun 2020
UberAmazon's next big ambition? A fleet of AI-controlled self-driving cars
After Alphabet's Waymo, Tesla, and Uber, online shopping giant Amazon is stepping into the field of autonomous vehicles.
25 Jun 2020
ICICI BankGoogle Pay could soon start offering loans to small businesses
Google Pay, the payments arm operated by Google, may soon start offering business loans to small and medium enterprises (SMEs) in India.
25 Jun 2020
RedditSkin cream "Fair & Lovely" to drop "Fair" from name
Joining the bandwagon of brands that are making their products socially inclusive, the Indian unit of Unilever, Hindustan Unilever, has decided to drop "Fair" from the name of the skincare cream "Fair & Lovely," multiple reports said on Thursday.
24 Jun 2020
HuaweiSingapore chooses Nokia, Ericsson (not Chinese companies) for 5G upgradation
In a major development, Singapore's leading telcos have chosen Nokia and Ericsson to build the core of their next-generation 5G networks.
24 Jun 2020
Prakash JavadekarUnion government decides to bring cooperative banks under RBI's supervision
In a move meant to boost depositors' confidence, the Union government has decided to bring all cooperative banks under the supervision of Reserve Bank of India (RBI), Union Minister Prakash Javadekar announced in a virtual press conference on Wednesday, after a Cabinet meeting.
24 Jun 2020
Mahatma Gandhi NREGAIndia witnesses job recovery, unemployment rate back to pre-lockdown era
Bruised by the coronavirus-necessitated lockdown, the Indian economy has shown few signs of recovery as the unemployment rate is reported to have returned to the pre-lockdown period.
24 Jun 2020
FacebookWhatsApp's payments service suspended in Brazil: Here's why
Just 10 days back, WhatsApp had launched its much-coveted payments service in Brazil, its second-biggest market after India, and opened a way to send and receive money on chat.
24 Jun 2020
AudiMercedes-Benz, NVIDIA team up to replicate Tesla's style?
Mercedes-Benz has partnered with tech giant NVIDIA to develop and install a next-generation computing platform on its vehicles.
23 Jun 2020
EmploymentKillerLaunch, the platform to find paid 'work from home' opportunities
COVID-19 pandemic, and the lockdown enforced to contain it, has wrecked the Indian economy.
23 Jun 2020
FacebookHere's why brands are boycotting Facebook advertising
A string of brands has committed to an advertising boycott on social media platform Facebook, which has been facing criticism over its handling of misinformation and hate speech.
22 Jun 2020
NoidaMilkbasket raises $5.5 million in Series-B funding: Details here
Online grocery start-up Milkbasket has raised $5.5 million in a Series-B round of funding.
21 Jun 2020
FlipkartFlipkart Big Saving Days Sale: Top deals on premium smartphones
Flipkart is all set to host the Big Saving Days Sale on its platform from June 23. Under the sale, which will end on June 27, the e-commerce giant will offer massive discounts on some of the best-selling smartphones.
20 Jun 2020
India#NewsBytesExplainer: Why 'boycotting Chinese goods' will not be easy
A few days ago, soldiers from India and China locked horns in the most gruesome clash along the Line of Actual Control (LAC) in decades.
18 Jun 2020
Mukesh AmbaniJio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF
Mukesh Ambani's Jio Platforms has scored yet another multi-billion-dollar investment.
18 Jun 2020
XiaomiFlipkart Big Saving Days sale: Top deals revealed
Flipkart is all set to kick off the Big Saving Days sale on its platform from June 23. Under the four-day sale, which will end on June 27, the e-commerce giant will offer a massive discount on some of the best-selling smartphones.
18 Jun 2020
FlipkartAmazon provides part-time job opportunities in 35 Indian cities
At a time when more and more people are losing their jobs due to the impact of COVID-19, Amazon is working to provide part-time income opportunities to many.
18 Jun 2020
Narendra ModiDecades of lockdown ends: PM launches auction of coal mines
Today, Prime Minister Narendra Modi launched a two-stage electronic auction of coal blocks for commercial mining, saying this will make India self-reliant energy-wise, and help all sectors.
18 Jun 2020
IndiaNo Chinese equipment for 4G upgradation: Centre to BSNL
The Department of Telecommunications (DoT) has asked Bharat Sanchar Nigam Ltd (BSNL) to not use any Chinese equipment in its 4G upgradation work.
17 Jun 2020
KolkataWhy are petrol and diesel prices rising in India?
On Wednesday, petrol and diesel prices rose for the 11th consecutive day, reaching record highs in over a year.
16 Jun 2020
InstagramInstagram CEO announces plan to better support Black users
In light of the brutal killing of George Floyd and the racial discrimination protests stemming from it, Instagram is moving to take steps to better support Black communities.
16 Jun 2020
Narendra ModiPrices of petrol and diesel hiked for tenth straight day
The prices of petrol and diesel were increased for the tenth consecutive day on Tuesday, taking fuel prices to the highest level in more than a year.
16 Jun 2020
FacebookAmazon Boss Jeff Bezos may finally testify before Congress
E-commerce behemoth Amazon has confirmed that its founder and CEO, Jeff Bezos, is ready to testify before a US Congressional panel this July.
15 Jun 2020
FacebookWhatsApp launches payments in Brazil, ahead of India
WhatsApp has launched its peer-to-peer payments service for users across Brazil.
12 Jun 2020
AMDComputex 2020 canceled, due to COVID-19 pandemic
Computex 2020 - one of the biggest computer shows in the world - will no longer happen this year.
11 Jun 2020
Johnson & JohnsonJ&J to begin human trials of COVID-19 vaccine in July
American pharma giant Johnson & Johnson has announced that it will be starting human trials of its experimental COVID-19 vaccine sooner than previously planned.
11 Jun 2020
Alibaba GroupChina orders Weibo to disable some features: Here's why
Chinese microblogging platform Sina Weibo has been ordered to disable some of its features for a week.
10 Jun 2020
RedditMeet Michael Seibel, Reddit's first ever black board member
Reddit has named seed capital firm Y Combinator's CEO Michael Seibel as the first black member of its board.
09 Jun 2020
Honda#HackAlert: Honda hit by cyber attack, global operations disrupted
Japanese auto giant Honda Motor Company has been hit by a major cyber attack.
08 Jun 2020
MumbaiScootsy, Swiggy's premium food delivery service is shutting down
As part of an effort to cut down costs and focus solely on growth points, Swiggy is shutting down Scootsy, its premium food delivery service in Mumbai.
06 Jun 2020
RedditReddit co-founder Alexis Ohanian quits board, wants a black replacement
Reddit co-founder Alexis Ohanian has quit from the board of the company he started 15 years ago and wants his position to be filled by a black candidate. Making the major announcement on Friday, he said the decision was long overdue.
05 Jun 2020
IndiaMore than 13,500 Vivo phones found using same IMEI number
In a major shocker, more than 13,500 Vivo smartphones have been seized with the same International Mobile Equipment Identity (IMEI) number.
05 Jun 2020
MicrosoftSome think Bill Gates will implant 'microchips' through COVID-19 vaccines
Bill Gates, the co-founder of Microsoft, has been leading the fight against COVID-19 through his Bill & Melinda Gates Foundation.
05 Jun 2020
Reliance IndustriesAmbani's Jio Platforms scores another investment: $1.2 billion from Mubadala
In another multi-billion-dollar deal, Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has agreed to raise Rs. 9,093.6 crore from Mubadala, an Abu Dhabi-based sovereign investor.
04 Jun 2020
ZomatoSwiggy, Zomato cleared to test long-range 'delivery drones': DGCA
Soon, you may see unmanned aerial vehicles (UAV) flying in with your food orders.
04 Jun 2020
Bharti AirtelAmazon may invest $2 billion (Rs. 15,000cr) in Airtel: Report
After Facebook's multi-billion-dollar investment in Jio Platforms, e-commerce giant Amazon is moving to strike a deal with its competitor - Bharti Airtel.
04 Jun 2020
Rahul GandhiBecause of "draconian lockdown" India flattened GDP curve: Rajiv Bajaj
Painting a grim picture of the battle against coronavirus, Bajaj Auto Managing Director Rajiv Bajaj said India didn't flatten the COVID-19 curve but ended up demolishing the GDP curve, all thanks to the lockdown which was imposed on March 25.
04 Jun 2020
XZuckerberg says allowing Trump's controversial posts was 'correct' decision
When Twitter moderated a few controversial tweets from US President Donald Trump, all eyes were on what Facebook, its counterpart, would do to deal with similar content on its own platform.
