Business News
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17 Jan 2022
BusinessMumbai firm set to bring down Supertech's Noida twin towers
Mumbai-based company Edifice Engineering is expected to carry out the demolition of the twin residential towers at Supertech's Emerald Court Society in Noida, Uttar Pradesh.
13 Jan 2022
Electric VehiclesTesla facing challenges with Indian government: Elon Musk
Automaker Tesla is facing obstacles with the Indian government in order to launch its vehicles in the country, said CEO Elon Musk.
11 Jan 2022
Central Board of Direct Taxes (CBDT)Income Tax Returns deadline extended to March 15
The central government on Tuesday extended the due date for filing Income Tax Returns for Assessment Year 2021-22 to March 15, 2022.
11 Jan 2022
Kumar Mangalam BirlaGovernment becomes largest shareholder in Vodafone Idea under new plan
Vodafone Idea (Vi) Ltd. has decided to convert its Adjusted Gross Revenue (AGR) dues into government equity.
10 Jan 2022
Kotak Mahindra BankBharatPe founder faces legal action by Kotak over 'abusive' call
Kotak Mahindra Bank on Sunday said it is seeking "legal action" against BharatPe co-founder and managing director Ashneer Grover and his wife Madhuri over an "abusive call."
04 Jan 2022
Delhi High CourtIn setback for Future Group, Delhi HC rejects new plea
The Delhi High Court on Tuesday dismissed a petition filed by Future Group seeking to quash the arbitration proceedings with Amazon in Singapore.
04 Jan 2022
MicrosoftApple becomes world's first company to hit $3 trillion valuation
Apple on Monday became the first company to hit a stock market value of $3 trillion. However, by the end of the day's trading session, the value slipped to $2.99 trillion as its share closed at $182.01.
04 Jan 2022
StartupsTheranos's Elizabeth Holmes found guilty on four charges of fraud
Elizabeth Holmes, the founder of failed blood-testing start-up Theranos, was found guilty on four of the 11 federal charges on Monday.
31 Dec 2021
ZomatoZomato, Swiggy orders may get more expensive from next year
Food delivery services like Swiggy and Zomato will be required to collect and pay goods and service tax (GST) on behalf of all eateries on their platforms starting January 1, 2022.
31 Dec 2021
Nirmala SitharamanGST Council decides to postpone tax hike on textiles
The Goods and Services Tax (GST) Council Friday decided to defer the proposed hike in GST rate on textiles, said Union Finance Minister Nirmala Sitharaman.
27 Dec 2021
Nirmala SitharamanGST changes from January 1: Here's how it impacts prices
The Goods and Services Tax (GST) regime will witness a host of tax rate and procedural changes starting January 1, 2022.
26 Dec 2021
France$100T world economy in 2022; China #1 by 2030: Report
The global economic output is set to surpass $100 trillion in 2022, two years earlier than previously forecast, said a report by the Centre for Economics and Business Research (CEBR).
22 Dec 2021
CaliforniaMumbai-born Amrapali Gan named OnlyFans CEO as founder steps down
Mumbai-born Amrapali Gan (36) is taking over as the Chief Executive Officer (CEO) of OnlyFans after Tim Stokely's exit.
20 Dec 2021
Government of IndiaNew labor codes likely in India from FY2022-2023
India is projected to implement four new labor codes on social security, wages, industrial relations, and occupational safety starting the financial year 2022-23, a senior government official reportedly said.
20 Dec 2021
BusinessSensex crashes over 1,800 points amid fears over Omicron
Top Indian equity indexes crashed on Monday amid global fears over the new Omicron variant of coronavirus.
18 Dec 2021
BusinessCCI freezes Amazon's deal with Future; slaps Rs. 200cr fine
The Competition Commission of India (CCI) Friday suspended its earlier approval for Amazon's deal to acquire a stake in Future Coupons Private Limited.
17 Dec 2021
ZomatoGig workers threaten large protest over better pay, benefits
Gig workers in India have threatened large protests over their demands for better pay and benefits.
15 Dec 2021
Narendra ModiCentre clears Rs. 76,000cr scheme to push semiconductor chip production
The Indian government on Wednesday approved a scheme worth Rs. 76,000 crore to push designing and production of semiconductor chips and display boards in the country.
15 Dec 2021
Hindustan Unilever LimitedCongratulations! Leena Nair appointed global CEO of fashion label Chanel
Indian-origin Leena Nair has been named the new Global Chief Executive of Chanel. She will be joining the company next January.
08 Dec 2021
NITI AayogIndia's richest 10% hold 57% of national income: Inequality Report
India stands out as a "poor and very unequal country, with an affluent elite," according to the World Inequality Report 2022.
08 Dec 2021
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 4%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%.
02 Dec 2021
Nitin GadkariNHAI suffers Rs. 2,731cr toll loss due to farmers' protest
The National Highways Authority of India (NHAI) suffered a revenue loss of more than Rs. 2,731 crore due to the ongoing farmers' protest.
01 Dec 2021
InflationCommercial LPG prices hiked by Rs. 100; check latest rates
The price of liquefied petroleum gas (LPG) cylinders for commercial usage was hiked again on Wednesday.
30 Nov 2021
XIndian CEOs now manage these leading Silicon Valley technology companies
Parag Agrawal's transition from the Chief Technology Officer (CTO) of Twitter to the microblogging platform's Chief Executive Officer (CEO) is a landmark moment for the company.
30 Nov 2021
XEverything you should know about Twitter's new CEO Parag Agrawal
Twitter CEO Jack Dorsey on Monday announced he would be stepping down from his role and the company's Chief Technology Officer Parag Agrawal will fill in.
29 Nov 2021
XParag Agrawal to replace Jack Dorsey as Twitter CEO
Jack Dorsey announced on Monday that he will be stepping down as the Chief Executive Officer (CEO) of the microblogging site Twitter Inc.
29 Nov 2021
IndiaNo proposal to recognize Bitcoin: Finance Ministry tells Parliament
The Centre said Monday that it has no proposal to recognize Bitcoin as a currency in the country.
27 Nov 2021
SpaceXDon't order Musk's Starlink internet plans in India, government warns
The Indian government has issued a warning to billionaire Elon Musk's Starlink against offering pre-bookings for internet plans in India.
22 Nov 2021
FacebookDid Facebook collude with the Election Commission of India?
Facebook's internal documents from 2019 revealed by whistleblower Frances Haugen show that in the days leading up to the 2019 general elections in India, the tech giant convinced the Election Commission of India (ECI) to drop its plans of introducing rigid social media regulation.
18 Nov 2021
PaytmPaytm debuts on NSE, BSE: Find all key details here
Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.
17 Nov 2021
IndiaIndiGo ticket prices may soon get cheaper: Here's why
IndiGo airline is reportedly mulling separating its baggage charges from its air ticket in an attempt to position itself as an ultra-low-cost air carrier.
17 Nov 2021
BoeingRakesh Jhunjhunwala's Akasa Air orders 72 Boeing 737 MAX aircraft
Ace stock market investor Rakesh Jhunjhunwala-backed Akasa Air struck a deal with Boeing to buy 72 fuel-efficient 737 MAX airplanes on Tuesday.
15 Nov 2021
Tata Consultancy Services (TCS)Work-from-home ends for TCSers? Employees to return to offices today
India is gradually going back to normalcy after nearly two years of adapting to the pandemic. Along with educational institutions and industries, the Information Technology (IT) sector is also gearing up to reopen offices.
14 Nov 2021
MumbaiPetrol, diesel prices remain unchanged for 10th straight day
The rates of petrol and diesel remained unchanged for the tenth straight day on Sunday after touching record highs earlier this month.
14 Nov 2021
Reserve Bank Of India (RBI)Modi's cryptocurrency meet: Caution over terror financing; 'progressive' steps promised
Prime Minister Narendra Modi on Saturday chaired a key meeting on the cryptocurrency sector.
10 Nov 2021
Initial Public Offering (IPO)Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire
Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.
10 Nov 2021
PaytmPaytm IPO Live Updates: All about India's largest-ever IPO
Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.
08 Nov 2021
SpaceXElon Musk's Starlink to offer cheaper internet in India
Since earlier this year, Elon Musk-led SpaceX's satellite internet service, called Starlink, has been in the news for its ability to offer high-speed internet in the remotest parts of the world, including in rural India.
05 Nov 2021
Government of IndiaPetrol, diesel prices dip as more states cut VAT
Petrol and diesel prices in several cities across the country saw a sharp decline on Friday after more states announced cuts to the Value-Added Tax (VAT).
04 Nov 2021
Ministry of Finance9 BJP-ruled states cut petrol, diesel rates further
Several states have announced additional relaxations for prices in petrol and diesel shortly after the Centre cut excise duty on fuel.
