Business News

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06 Mar 2022

Petrol Diesel Prices

Petrol, diesel prices likely to rise soon, courtesy Russia-Ukraine crisis

India's petrol and diesel prices are likely to rise by Rs. 15-22 per liter soon in wake of the Russia-Ukraine conflict and rising demand, Business Standard reported.

04 Mar 2022

Wipro

WFH ends; What Cognizant, TCS, HCL, and others have planned

When the COVID-19 pandemic hit in 2020, work from home or WFH became a more common model for employees in the formal sector.

04 Mar 2022

Jet Airways

Sanjiv Kapoor named new CEO of Jet Airways

Jet Airways has appointed Sanjiv Kapoor as the new CEO of the airline company.

02 Mar 2022

Startups

BharatPe accuses Ashneer Grover, family of fraud; strips 'founder' title

Fintech unicorn BharatPe has accused co-founder Ashneer Grover and his family of "extensive misappropriation of company funds."

01 Mar 22

Air India

Ex-Turkish Airlines chairman Ilker Ayci declines Air India CEO role

The former chairman of Turkish Airlines Ilker Ayci on Tuesday turned down the offer of Tata Group to be the chief executive officer (CEO) of Air India.

01 Mar 2022

Ashneer Grover

Ashneer Grover quits BharatPe; company to take action for conduct

BharatPe co-founder Ashneer Grover has resigned as the managing director of the fintech unicorn startup.

01 Mar 2022

Microsoft

Microsoft CEO Satya Nadella's son Zain Nadella dies at 26

Zain Nadella, the son of Microsoft Corporation's Chief Executive Officer Satya Nadella and his wife Anu, died on Monday morning, the company said in an email to its executive staff.

28 Feb 2022

Amul

Amul milk prices hiked by Rs. 2/liter from tomorrow

The Gujarat Cooperative Milk Marketing Federation (GCMMF) has hiked Amul milk prices by Rs. 2 per liter in India effective Tuesday.

28 Feb 2022

Government of India

Madhabi Puri Buch becomes first woman chairperson of SEBI

The Indian government on Monday appointed Madhabi Puri Buch as the new chairperson of the Securities and Exchange Board of India (SEBI)—the country's market regulatory body.

27 Feb 2022

Ukraine

What is SWIFT? How will Russia's removal impact India?

In response to Russia's invasion of Ukraine, western countries are planning fresh sanctions including a ban on Russian banks from the global payments system SWIFT.

CBI arrests ex-NSE top official Anand Subramanian in co-location case

The Central Bureau of Investigation Thursday arrested the former group operating officer (GOO) of the National Stock Exchange (NSE) Anand Subramanian in connection with its probe into a 2018 stock market manipulation case.

24 Feb 2022

Vladimir Putin

Stock market crashes as Russia orders 'military action' in Ukraine

Indian equity indices nosedived on Thursday as Russia announced "military action" in Ukraine amid simmering political tensions.

23 Feb 2022

India

How Russia-Ukraine crisis may impact Indian economy?

The simmering tensions between Russia and Ukraine have put the global economy on tenterhooks, with crude oil prices hitting an all-time high on Tuesday since September 2014.

23 Feb 2022

Startups

BharatPe fires co-founder Ashneer Grover's wife Madhuri Jain: Report

Fintech company BharatPe has sacked Madhuri Jain—the company's controller and co-founder Ashneer Grover's wife—based on charges of misappropriation of funds, The Economic Times reported on Wednesday.

Probe likely on Himalayan Baba 'guiding' ex-NSE CEO Chitra Ramakrishna

The Centre is likely to order a probe against charges that National Stock Exchange's (NSE) former MD & CEO Chitra Ramkrishna allegedly shared the bourse's confidential information with a mysterious baba she described as Siddha Purush, who dwelled in the Himalayas.

16 Feb 2022

Mumbai

Yes Bank founder Rana Kapoor gets bail in fraud case

A special court in Mumbai on Wednesday granted bail to Rana Kapoor, the founder and former chief executive officer (CEO) of Yes Bank.

14 Feb 2022

Air India

Ilker Ayci, former Turkish Airlines chief, is Air India CEO

Tata Sons on Monday announced that it has appointed Ilker Ayci as the new chief executive officer (CEO) and managing director (MD) of Air India.

14 Feb 2022

Sensex

Sensex tanks 1,000 points, Nifty below 17,000 amid Russia-Ukraine tensions

Indian markets started off on a weak note with the Sensex plunging by over 1,000 points and Nifty by 373 points in the opening session on Monday.

13 Feb 2022

India

CBI books Gujarat firm for Rs 22,842 crore loan fraud

In what is being termed as India's biggest loan fraud case, the Central Bureau of Investigation (CBI) has booked a Gujarat-based shipbuilding company and its former directors for allegedly defrauding banks to the tune of Rs 22,842 crore.

Taxing cryptocurrency is government's sovereign right: FM Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions.

RBI maintains lending rates; 7.8% GDP growth projected in 2022-23

The Reserve Bank of India (RBI) kept the repo rate unchanged at 4% for the 10th time in a row in its monetary policy review meeting on Thursday.

09 Feb 2022

Jammu And Kashmir

Why are big brands apologizing to Indian people?

Several major companies have joined the chorus in issuing public apologies to Indian people over controversial posts on Kashmir.

08 Feb 2022

Sexual Assault

ScoopWhoop's Sattvik Mishra accused of sexual assault by Samdish Bhatia

ScoopWhoop CEO Sattvik Mishra has reportedly resigned after being accused of sexual misconduct by former Unscripted anchor Samdish Bhatia.

08 Feb 2022

Mukesh Ambani

Gautam Adani overtakes Mukesh Ambani as Asia's richest person

Gautam Adani, Indian billionaire and the chairperson of the Adani Group, has become the richest person in Asia, according to figures from the Bloomberg Billionaires Index.

Supertech twin towers' demolition to begin in 2 weeks: SC

The Supreme Court on Monday said the demolition of Supertech's 40-storied twin towers in Noida, Uttar Pradesh will begin in two weeks.

07 Feb 2022

Jammu And Kashmir

Why are Indians calling for Hyundai's boycott?

Hyundai, the South Korean car maker, is under fire in India after social media accounts linked to the company posted controversial comments on Kashmir.

05 Feb 2022

Startups

Ashneer Grover demands Rs. 4,000cr to leave BharatPe amid probe

BharatPe co-founder Ashneer Grover has reportedly demanded Rs. 4,000 crore from investors if they want him to leave the company.

01 Feb 2022

Nirmala Sitharaman

Union Budget 2022: Here are the key takeaways

Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented the Budget for the upcoming fiscal year, 2022-2023.

01 Feb 2022

Narendra Modi

#Budget2022 people friendly, says PM; Rahul Gandhi calls it zero-sum

Prime Minister Narendra Modi on Tuesday hailed the Union Budget 2022-23 as "people-friendly and progressive."

01 Feb 2022

Parliament

#Budget2022: What gets costlier, what's cheaper? Check full list

Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented her fourth annual budget in Parliament.

01 Feb 2022

Nirmala Sitharaman

#Budget2022: Taxpayers can file updated ITR within 2 years

During her Budget speech, Union Finance Minister Nirmala Sitharaman said on Tuesday that the newly updated provisions will be introduced for income tax returns.

01 Feb 2022

Business

#Budget2022: RBI to issue digital rupee this year, says Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) announced that the Reserve Bank of India (RBI) will introduce digital rupee this year.

01 Feb 2022

Nirmala Sitharaman

#Budget2022: 5G mobile services rollout in FY2022-23, says FinMin Sitharaman

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in Parliament on Tuesday.

01 Feb 2022

Nirmala Sitharaman

#Budget2022: ECLGS to be extended till March 2023, says Sitharaman

The Emergency Credit Line Guarantee Scheme (ECLGS) will be extended till March 2023, Union Finance Minister Nirmala Sitharaman announced on Tuesday.

01 Feb 2022

Nirmala Sitharaman

#Budget2022: 400 Vande Bharat trains to be introduced, says Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday announced that 400 new Vande Bharat Express trains will be introduced in the next three years.

31 Jan 2022

India

Economic Survey projects 8-8.5% growth rate in 2022-23

Union Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2021-22 in the Lok Sabha, which projected an 8-8.5% GDP (Gross Domestic Product) growth rate for the Indian economy in the 2022-23 fiscal year.

27 Jan 2022

Jyotiraditya Scindia

'Totally delighted,' says Tata Sons chief after Air India takeover

The Tata Group on Thursday welcomed Air India to its fold as the historic privatization of the national carrier was successfully completed.

27 Jan 2022

Air India

Tata Sons chairman to meet PM before Air India handover

Tata Sons chairperson N Chandrasekaran will reportedly meet Prime Minister Narendra Modi on Thursday, shortly before the official handover of Air India to the conglomerate.

19 Jan 2022

Business

BharatPe co-founder Ashneer Grover goes on voluntary leave amid controversy

e, the co-founder and Managing Director of fintech company BharatPe, on Wednesday said he has taken a voluntary leave until the end of March 2022.

19 Jan 2022

India

Evict Vijay Mallya from his luxury London home: UK court

A UK court on Tuesday ordered fugitive businessman Vijay Mallya and his family to be evicted from their luxury London house.