Business News
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08 Mar 2021
FlipkartFlipkart kicks off 'Smartphone Carnival' sale: Check best deals
Flipkart has kicked off its 'Smartphone Carnival' sale today with attractive discounts available on a wide range of mobiles.
08 Mar 2021
IndiaReddit hires former Snap executive Drew Vollero as first CFO
Reddit, the internet discussion platform riding high on unprecedented growth, has roped in former Snap Inc. executive Drew Vollero as its first Chief Financial Officer (CFO).
05 Mar 2021
StartupsHow is Ashutosh Kumar improving Indian ed-tech space with Testbook.com
Ashutosh Kumar is the CEO and co-founder of Testbook.com, a Mumbai-based Education Technology (ed-tech) start-up. The platform claims it has seven million monthly active users and attracts around 900,000 new users each month.
05 Mar 2021
Reliance IndustriesReliance to bear COVID-19 vaccination costs for employees, their families
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) will bear the full cost of vaccinating its employees and the members of their immediate family, reportedly totaling an estimated 12.2 lakh, the company said in an internal communication.
05 Mar 2021
Bombay Stock Exchange (BSE)Sensex slumps over 440 points in early trade
The BSE benchmark Sensex tumbled over 440 points and the NSE Nifty cracked below the key 15,000-level in early trade on Friday in line with a slump in other Asian markets as US bond market turmoil continued to fan investor worries globally.
04 Mar 2021
Startups#FundingAlert: Bijnis receives secondary round of funding from prominent investors
B2B startup Bijnis on Thursday announced that it had concluded a secondary funding round raising an undisclosed amount. The deal saw shares owned by early investors sold to industry stalwarts Deepinder Goyal, Asish Mohapatra, Sarvbir Singh, and Manish Vij.
04 Mar 2021
IndiaEPFO retains 8.5% interest rate on PF deposits
The Employees' Provident Fund Organisation will maintain the interest rates on provident fund deposits at 8.5% for the financial year 2020-21, the same as the previous fiscal.
03 Mar 2021
Employees Provident Fund Organization (EPFO)EPFO subscribers may face restrictions on early pension withdrawal: Report
The Employees' Provident Fund Organisation (EPFO) has reportedly proposed restrictions on the early withdrawal of pension contributions by formal sector workers.
03 Mar 2021
Nitin GadkariGadkari assures Tesla of lower cost of manufacturing than China
Union Minister of Road Transport and Highways, Nitin Gadkari has said that India is ready to offer incentives to US automaker Tesla to ensure that its production cost here is cheaper than China.
03 Mar 2021
AmazonEmployee sues Amazon for racial, gender discrimination in corporate hiring
Amazon.com Inc has been sued for "systemic" discrimination against Black and female workers, especially for corporate roles. The lawsuit filed in federal court by Charlotte Newman alleges that Amazon hires Black people for lower positions and promotes them slower than White workers with similar qualifications.
02 Mar 2021
Mukesh AmbaniElon Musk tops Hurun Global Rich List, Ambani ranked eighth
In the Hurun Global Rich List published on Tuesday, Mukesh Ambani ranked eighth, while Tesla CEO Elon Musk is on the top. The list ranked 3,228 billionaires from 68 countries.
02 Mar 2021
Bombay Stock Exchange (BSE)Sensex spurts 447 points to reclaim the 50,000 mark
The BSE Sensex zoomed 447 points to settle above the psychological 50,000 mark on Tuesday, buoyed by hectic buying in auto, banking and IT counters amid positive domestic and global cues.
02 Mar 2021
Samsung Mobiles#DealOfTheDay: Samsung Galaxy F62 available with cashback worth Rs. 2,500
If you are planning to buy a latest mid-range smartphone, this might be a good deal for you. Flipkart is offering the Samsung Galaxy F62 model with Rs. 2,500 instant cashback on transactions via ICICI Bank Credit and Debit cards.
01 Mar 2021
CoronavirusAstraZeneca has sold its stake in Moderna for $1 billion
British pharmaceutical company AstraZeneca Plc has sold its 7.7 percent stake in Moderna Inc., the American pharmaceutical giant, for more than $1 billion, according to a report in The Times.
28 Feb 2021
CryptocurrencySTEX honors fourth year in business with special spring discount
STEX, the spot trading platform, and global cryptocurrency exchange is marking its fourth year in business with a special cryptocurrency discount on all USDC Market Sell orders.
27 Feb 2021
BusinessCrystal Bass: Teaching creatives to turn stories into six-figure income
Crystal L Bass is a producer, playwright, director, author, actress, writing coach, and international motivational speaker, from Baltimore.
27 Feb 2021
CryptocurrencySTEX honors fourth year in business with special spring discount
STEX, the spot trading platform, and global cryptocurrency exchange is marking its fourth year in business with a special cryptocurrency discount on all USDC Market Sell orders.
25 Feb 2021
CryptocurrencyHow to get massive profits with Cryptocurrencies?
InvestCryptocurrency.co offers you unique opportunities and the most reliable ways to make money with cryptocurrencies, and live the life of your dreams.
26 Feb 2021
IndiaIndia exits recession, GDP grows 0.4% for Q3 2020-21
India's economy grew by 0.4% in the third quarter of the financial year 2020-21, government data released on Friday showed.
26 Feb 2021
FacebookFacebook-Apple spat escalates: Facebook launches PR campaign defending targeted advertising
On Thursday, social media giant Facebook launched a campaign called "Good Ideas Deserve To Be Found" attempting to explain to users how small businesses rely on targeted advertising. Facebook will air commercials on radio and on TV, including during the Golden Globe Awards on Sunday.
26 Feb 2021
SensexSensex ends 1,939 points lower; NIFTY below 14,600
Domestic equity markets witnessed a strong downward trend on Friday, mirroring losses in other global markets.
26 Feb 2021
XiaomiXiaomi ramps up local production of smartphones and smart TVs
In a virtual briefing on Thursday, Chinese conglomerate Xiaomi announced that it is expanding manufacturing for smartphones and smart TVs in India.
26 Feb 2021
Bombay Stock Exchange (BSE)SEBI says measures will be taken to rectify NSE glitch
On Thursday, the Securities and Exchange Board of India (SEBI) said it will take necessary steps to rectify the causes for the four-hour long interruption in trading on the National Stock Exchange (NSE) on Wednesday.
26 Feb 2021
Bombay Stock Exchange (BSE)Sensex tanks over 1,000 points in opening trade
Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins, and Reliance Industries amid a negative trend in global markets.
25 Feb 2021
Ravi Shankar PrasadGovernment releases rules for social media, OTT platforms; details here
The Centre on Thursday released a set of new guidelines to regulate digital content.
25 Feb 2021
FlipkartFlipkart mulls deployment of over 25,000 electric vehicles by 2030
Flipkart has announced that its city logistics fleet will comprise over 25,000 Electric Vehicles (EVs) by 2030. They shall be designed and assembled in India.
25 Feb 2021
FacebookFacebook pledges $1 billion to news industry after Australian standoff
The Australian news media code has caused great upheaval in the social media space. After Facebook's recent shutdown of news feed in the country and quick reversal, the social media giant has pledged to invest $1 billion to "support the news industry".
25 Feb 2021
FlipkartFlipkart Mobiles Bonanza sale: Deals and discounts on best-selling smartphones
Flipkart has kicked-off its Mobiles Bonanza Sale in India with a wide range of discounts and offers on some of the best-selling smartphones.
25 Feb 2021
LGLG's smartphone business still for sale; Talks with Vingroup collapse
LG Electronics is planning to sell its mobile business after racking up $4.5 billion in losses over five years. We recently reported that the company had chanced upon a possible buyer for its smartphone business.
24 Feb 2021
Mahindra CarsAmazon partners with Mahindra Electric to strengthen EV delivery fleet
Amazon and Mahindra Electric have signed a pact to add more electric vehicles (EVs) to the former's delivery fleet in India. Last year, the e-commerce giant had said that 10,000 EVs would be included in its fleet by 2025.
24 Feb 2021
National Stock ExchangeTrading halted on NSE due to telecommunication link issues
Severe technical issues have halted trading on the National Stock Exchange (NSE) today. Ongoing issues with the stock index's telecommunications infrastructure have affected the spot NIFTY and Bank NIFTY indexes, which have stopped updating.
24 Feb 2021
Social MediaASCI drafts promotional content guidelines for social media influencers
The Advertising Standards Council of India (ASCI) has issued a set of draft guidelines that directs influencers to prominently label content that promotes products and services on social media.
23 Feb 2021
Apple#DealOfTheDay: iPhone 12 mini available with benefits worth Rs. 6,000
If you are planning to own an iPhone, this might be a good deal for you. Flipkart is offering the iPhone 12 mini (64GB model) with an instant discount of Rs. 6,000 on EMI transactions via HDFC Bank Debit and Credit Cards.
23 Feb 2021
MumbaiPetrol nears Rs. 91/liter mark in Delhi after latest hike
Petrol price on Tuesday neared the Rs. 91 per liter mark in Delhi and diesel crossed Rs. 81 a liter as fuel prices were hiked again after a two-day pause.
23 Feb 2021
FacebookFacebook reverses Australian news ban following amendments to media code
Facebook has walked back the uncompromising and abrupt total ban it had imposed on sharing Australian news sites. The bold move had blocked Facebook's Australian users from viewing and sharing news.
23 Feb 2021
BusinessVAIOT completes first-ever VFFA regulated public token sale in Malta
Blockchain-based AI project VAIOT has finished conducting the first-ever VFFA-regulated public token sale in the European country of Malta. Their Refundable Strong Holder Offering or rSHO of the VAI Tokens that started on February 8 allocated 2.5 million tokens and raised a total of €250,000.
22 Feb 2021
FacebookFacebook removes Myanmar military's primary page; Cites repeated policy violations
Facebook has punished the Myanmar military establishment after it led the recent coup that ousted the elected government. The social media giant removed the military establishment's eponymously named Facebook page Tatmadaw, which roughly translates to True News Information Team.
22 Feb 2021
Amazon Fab Phones FestAmazon Fab Phones Fest sale: Deals on best-selling mobiles
Amazon has kicked-off a fresh round of Fab Phones Fest in India starting today. Under the sale, which will end on February 25, the e-commerce giant is offering up to 40% off on smartphones and accessories.
20 Feb 2021
Xiaomi Mobiles#DealOfTheDay: Mi 10 is available with benefits worth Rs. 10,000
If you are planning to own a high-end smartphone, this might be the deal for you. Amazon is offering an attractive discount of Rs. 5,000 on the Mi 10 model.
20 Feb 2021
Mutual FundsBeginner's guide to day trading
If you are looking for a Foreign Exchange (Forex) trading strategy with a short trading style, it's time to start investing in day trading. It is popular and enables you to buy and sell currency in a single day. With this method, you aim for profits by analyzing small movements in the prices.
