Business News
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26 Mar 2021
RedditReddit parts way with controversial employee after site-wide protests
Reddit was compelled to part ways with former UK politician Aimee Challenor after hundreds of high profile subreddits went private to protest the platform's censorship.
26 Mar 2021
Bombay Stock Exchange (BSE)Sensex rallies over 500 points in early trade
Equity benchmark Sensex rallied over 500 points in early trade on Friday, tracking gains in index majors HDFC twins, ICICI Bank and L&T amid a positive trend in global markets.
25 Mar 2021
Fuel Price HikePetrol and diesel prices cut for the second straight day
Petrol and diesel prices were on Thursday cut for the second straight day as international oil prices fell on prospects of a speedy recovery in consumption getting clouded by the second wave of COVID-19 cases.
25 Mar 2021
Bombay Stock Exchange (BSE)Sensex sinks over 400 points in early trade
Equity benchmark Sensex dropped over 400 points in early trade on Thursday, dragged by losses in index majors Reliance Industries, Infosys, and HDFC Bank amid foreign fund outflow and a weak trend in global markets.
24 Mar 2021
MumbaiPetrol, diesel prices reduced after more than a year
In the first reduction in rates in over a year, the petrol price on Wednesday was cut by 18 paise per liter and diesel by 17 paise a liter as international oil prices tumbled to the lowest since early February.
24 Mar 2021
TaiwanHere's why Intel's Foundry Services is a brilliant strategic gambit
It's no secret that Intel is in dire straits after being bested by AMD and recently losing its chip contract for Apple's Mac range. It will now focus on making chips for other companies.
23 Mar 2021
LGLG might shutter smartphone business as sale seems unlikely
LG Electronics might be forced to shutter its smartphone business according to a report from a South Korean outlet Dong-A Ilbo. LG had been trying to sell off its loss-making mobile phone unit, but it can't seem to find buyers.
23 Mar 2021
MicrosoftMicrosoft in talks to buy Discord for $10 billion
Microsoft is reportedly in talks with Discord to buy the gaming-centric voice and chat platform for a whopping $10 billion. According to unnamed sources privy to Bloomberg, Xbox chief Phil Spencer is allegedly involved in the talks.
23 Mar 2021
MicrosoftMicrosoft will open Redmond headquarters next week in limited capacity
Big Tech is committed to get its workers back into offices. And Microsoft wants that as early as next week. Microsoft will be easing more workers back to its headquarters in Redmond, Washington beginning next Monday.
22 Mar 2021
FacebookApp Store privacy analysis finds Instagram, Facebook most invasive apps
Apple's privacy campaign keeps on giving. Cloud Storage firm pCloud rummaged through Apple's brand-new privacy labels and came back with a privacy report card for apps with results that will shock no one.
22 Mar 2021
Amazon#DealOfTheDay: OnePlus 8T available with benefits worth Rs. 3,500
Looking to buy a flagship smartphone? This deal should meet your expectations. Amazon is offering a discount of Rs. 2,500 on the OnePlus 8T model with 8GB of RAM and 128GB of storage.
20 Mar 2021
Flipkart#DealOfTheDay: Motorola RAZR is available with Rs. 75,000 off
If you are looking to buy a foldable smartphone, this might be a great deal for you. Flipkart is offering a massive discount of Rs. 75,000 on the Motorola RAZR.
19 Mar 2021
GoogleGoogle will inject $7 billion in data centers and offices
As vaccines begin rolling out, Google is already preparing for the resumption of normal office operations. The company has earmarked more than $7 billion to real estate across the US for the year 2021 alone.
19 Mar 2021
IntelIntel's new ads featuring Justin Long mock M1 Macs
Actor Justin Long who did the "I'm a Mac, and I'm a PC" commercials back in the day has been hired by Intel for a series of advertisements.
19 Mar 2021
SensexSensex tanks over 600 points in early trade
Equity benchmark Sensex tanked over 600 points in early trade on Friday, tracking losses in HDFC Bank, L&T, and Reliance Industries amid negative cues from global markets.
18 Mar 2021
Bombay Stock Exchange (BSE)Sensex tumbles 585 points, Nifty drops below 14,600
Extending its losing streak to the fifth consecutive session, equity benchmark Sensex tanked 585 points on Thursday, tracking losses in index majors Infosys, Reliance Industries Ltd., and TCS.
18 Mar 2021
Central Bureau Of Investigation (CBI)CBI books Cadbury for corruption, fraud; several premises searched
The Central Bureau of Investigation (CBI) has booked Cadbury India Private Limited (now known as Mondelez Foods Private Limited) for alleged corruption for obtaining licenses for its factory in Himachal Pradesh, officials said on Wednesday.
18 Mar 2021
BusinessIndian organizations record highest adoption of digital tools during pandemic
A new survey from Ernst & Young Global (EY) and Imperial College London's Institute of Global Health Innovation (IGHI) revealed that India has witnessed the highest adoption of digital technologies by organizations specializing in Health and Human Services (HHS).
18 Mar 2021
VolkswagenVolkswagen Group's EV plans push market value toward $150 billion
With a 9% surge in stock prices, Volkswagen's market value is staring at $150 billion as the world's second-largest automaker has shared details about its expansion in electric driving.
17 Mar 2021
WikipediaWikipedia will charge Big Tech for leeching off its content
While the Big Tech loves taking exorbitant revenue cuts from developers and businesses for the use of their platform, Apple, Amazon, and Google have been freeloading off Wikipedia for far too long.
17 Mar 2021
Bombay Stock Exchange (BSE)Sensex tanks 562 points, Nifty cracks below 14,800
Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank, and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve's policy outcome.
17 Mar 2021
FacebookFacebook launches fund to support human rights activists. Another hogwash?
Facebook has been indirectly instrumental in serious human rights abuses across the world. The company has now responded by pledging to publicly share annual report focusing on human rights.
16 Mar 2021
WhatsAppPhonePe emerges as India's leading UPI app
Walmart-owned UPI app PhonePe processed 975.53 million transactions amounting to Rs. 1,89,517 crore in February alone. This makes it the country's most popular UPI app, with Google Pay coming in at second place, and Paytm a distant third.
16 Mar 2021
StartupsFintech start-up CRED raising $200 million at $2 billion valuation
Bengaluru's two-year-old fintech start-up CRED is in advanced stages of talks to raise around $200 million. This will reportedly increase the company's valuation to about $2 billion.
15 Mar 2021
IndiaOZiva signs Deepika Padukone as brand ambassador
Bollywood actor Deepika Padukone, 35, has been signed on as the brand ambassador for the plant-based nutrition brand OZiva.
15 Mar 2021
GoogleJudge rules Google must face $5 billion incognito mode lawsuit
In June 2020, Google was slapped with a $5 billion lawsuit for allegedly tracking users activity in the Chrome browser's incognito mode.
15 Mar 2021
Bank StrikeTwo-day bank strike from today: These services would be affected
Several key banking services across India would be affected on March 15 (today) and March 16 (tomorrow) as the United Forum of Bank Unions (UFBU)—an umbrella body of nine bank unions—has given a call for a two-day nationwide strike.
12 Mar 2021
UberUber, Lyft join hands to compile database of violent drivers
Rival ride hailing services Uber and Lyft have teamed up to create a database of drivers who've been accused of sexual assault and other crimes.
12 Mar 2021
Bombay Stock Exchange (BSE)Sensex rallies over 500 points in early trade
Equity benchmark Sensex rallied over 500 points in opening trade on Friday, buoyed by gains in financial and IT stocks amid positive global cues.
11 Mar 2021
YouTubeNon-US YouTube creators will have to pay US taxes
YouTube creators outside of US, including those in India, will soon find themselves paying taxes to Uncle Sam.
11 Mar 2021
Gaming BytesRoblox goes public; Stocks soar 54 percent on first day
The meteoric rise of online gaming platform and game creation system Roblox shows no signs of abating. The company went public on Wednesday at a reference price of $45, which valued it at $45 billion.
10 Mar 2021
InfosysInfosys: Top brands could lose $223 billion to data breaches
In a report that studies the link between Cybersecurity and its impact on brand value, Infosys and Interbrand said that the world's top 100 brands stand to lose $223 billion in the event of a data breach.
10 Mar 2021
BusinessDropbox planning to acquire document-tracking service DocSend for $165 million
US file hosting service Dropbox announced that it plans to acquire DocSend for $165 million. The latter's services allow people to share files via secure links instead of attachments.
10 Mar 2021
Bombay Stock Exchange (BSE)Sensex surges over 300 points in early trade
Equity benchmark Sensex jumped over 300 points in opening trade on Wednesday tracking gains in index majors Infosys, HDFC, and Reliance Industries amid positive cues from global markets and fresh foreign fund inflow.
09 Mar 2021
iPhoneApple to soon start iPhone 12's production in India
Apple will soon start manufacturing its flagship iPhone 12 model in India for the local customers, the company said, giving a big boost to the government's 'Make in India' initiative.
09 Mar 2021
Electric VehiclesOla's factory will produce an electric scooter every two seconds
Not long after Ola Electric showed off teaser photos of its upcoming electric scooter, we have a glimpse of its massive electric vehicle factory. The manufacturing facility dedicated for electric vehicles is spread across 500 acres in the Krishnagiri district of Tamil Nadu.
09 Mar 2021
Bombay Stock Exchange (BSE)Sensex rallies over 500 points in early trade
Equity benchmark Sensex surged over 500 points in opening trade on Tuesday tracking gains in index majors HDFC twins, ICICI Bank and Reliance Industries amid mixed cues from global markets.
08 Mar 2021
AmazonAmazon India's 'Local Shops' program racks up 50,000 offline retailers
E-commerce giant Amazon said that more than 50,000 offline stores and neighborhood kirana shops across 450 cities in the country are now a part of its 'Local Shops' program.
08 Mar 2021
Latest automobilesDaimler Truck AG and Volvo Group create fuel-cell joint venture
Daimler Truck AG and Volvo Group have formalized the transaction to form a fuel-cell joint venture (JV).
08 Mar 2021
Muthoot FinanceMuthoot Finance shares drop to two-month low after chairperson's death
Shares of Muthoot Finance, a non-banking financial corporation, fell to its lowest in nearly two months on Monday after the death of its chairperson, MG George Muthoot.
