Business News

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09 May 2022

X

Is Elon Musk fearing death after veiled threat from Russia?

Elon Musk has whipped up a storm with his latest tweet talking about his death under "mysterious circumstances."

07 May 2022

Startups

Bengaluru-based Wakefit announces 30-minute 'Right to Nap' for employees

Bengaluru-based Wakefit Solutions has been in the business of sleep for six years. The company has now taken things up a notch by introducing what they call the "Right to Nap."

07 May 2022

Xiaomi

Karnataka HC stays ED's seizure of Xiaomi's assets: Details here

In a huge relief to Xiaomi India, a vacation bench of the Karnataka High Court ordered an interim stay on the seizure of its assets worth Rs. 5,551.27 crore by the Enforcement Directorate (ED).

07 May 2022

Delhi

Domestic LPG cylinder price hiked by Rs. 50: Check rates

The price of the 14.2kg liquefied petroleum gas (LPG) cylinder has been hiked by Rs. 50 with effect from Saturday.

06 May 2022

Indonesia

Hindustan Unilever hikes product prices for second time within month

Indian consumers are likely to bear face an extra burden on their pockets as the country's FMCG giant Hindustan Unilever (HUL) raised product prices by up to 15% across categories, CNBC-TV18 reported on Friday.

06 May 2022

Sensex

Sensex loses 867 points, Nifty barely holds 16,400 mark

On Friday, the stock market traded in red as the Sensex slipped 866.65 points, or 1.58% to 54,835.58 points while the Nifty dropped 271.4 points, or 1.65%, to 16,411.25 points.

06 May 2022

X

Elon Musk secures $7.1bn investment; could become interim Twitter CEO

We all remember Elon Musk's refusal to accept a seat on Twitter's board and then storming back with an offer to acquire the company.

06 May 2022

Netflix

Apple stops accepting credit or debit cards for subscriptions, purchases

Apple users in India will no longer be able to use credit or debit cards to pay for subscriptions and app purchases. The change comes as a result of the Reserve Bank of India's (RBI) new auto-debit rules.

05 May 2022

Sensex

Sensex closes just above 55,700, Nifty settles at 16,682

The stock market on Thursday closed in the green but off its early highs as the Sensex settled at 55,702.23 points and the Nifty stood at 16,682.65.

05 May 2022

Starbucks

Starbucks wants to build 'global community' with NFT-based loyalty program

As the buzz around NFT continues, another global corporate giant has decided to join the bandwagon.

05 May 2022

X

Twitter announces premium video content at NewFront to woo advertisers

Elon Musk's acquisition of Twitter has brought many questions about the microblogging site's future to the forefront. One of the most important ones is how the company plans to woo advertisers who don't see eye-to-eye with the more 'free' Twitter.

04 May 2022

Ukraine

India wants Russian crude oil for less than $70/barrel: Report

In the light of extremely harsh Western economic sanctions against Russia for its invasion of Ukraine, India is reportedly persuading Moscow to provide further discounts on crude oil.

04 May 2022

Sensex

Sensex slips 2.3% to 55,669 points, Nifty settles below 16,700

On Wednesday, the stock market closed in the hands of the bear, extending its losing streak for the third day. Sensex slipped 2.35% to 55,669.03 points while Nifty dropped 391.5 points to 16,677.6.

04 May 2022

Shaktikanta Das

RBI hikes repo rate by 40 bps to 4.4%

In its first rate hike since August 2018, the Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 40 basis points to 4.4%.

Subscriptions for LIC IPO open: Everything you need to know

Subscription for the Initial Public Offering (IPO) of India's insurance behemoth Life Insurance Corporation (LIC) has opened today. The bidding will remain open for the general public till May 9.

04 May 2022

X

Twitter may not remain free for business and government users

Elon Musk has elaborate plans to make Twitter an app for the 'masses.' According to the tech billionaire, that may involve charging a slight fee for commercial and government users while keeping it free for casual users.

03 May 2022

Hero Electric

Ola Electric emerges as leading electric two-wheeler brand in India

Within five months of entering the Indian electric two-wheeler market, Ola Electric has become the segment leader by displacing Hero Electric.

02 May 2022

Sensex

Sensex closes at 56,976 points, Nifty settles below 17,100

The stock market in India ended on a sluggish note but off its early lows on Monday, as the Sensex settled at 56,975.99 points and the Nifty stood at 17,069.1.

01 May 2022

Maruti Suzuki

Car sales in India in April: Tata Motors grows 66%

The automobile industry in India is going through a tumultuous phase due to rising input costs and COVID 19-related disruptions.

01 May 2022

Foxconn

Vedanta looking to raise $3B to become India's first chipmaker

Vedanta is leaving no stones unturned as it pushes to become India's first chipmaker. The company is now in talks with banks to raise $2.5-$3 billion to boost its semiconductor and display manufacturing plans.

29 Apr 2022

Sensex

Sensex slips 460 points, Nifty settles around 17,100 points

On Friday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.81% to 57,060.87 points, the Nifty fell 0.83% to 17,102.55 points.

29 Apr 2022

X

Elon Musk mulling job cuts at Twitter to make money

As the world still tries to wrap its head around Elon Musk's acquisition of Twitter, new report suggests that the world's richest man is mulling cut jobs at the microblogging platform.

29 Apr 2022

iPhone

Apple records its best-ever March quarter with $25bn profit

The first calendar quarter of 2022 hasn't been the best for everyone. But Apple isn't everyone. The Cupertino-based company has announced that it had the best March quarter in its history.

28 Apr 2022

Sensex

Sensex climbs to 57,521 points, Nifty ends above 17,200 points

On Thursday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 1.22% to 57,521.06 points while the Nifty gained 1.2% to end at 17,245.05 points.

28 Apr 2022

X

'Cocaine in Coca-Cola' to political neutrality: Understanding Musk's latest tweets

Elon Musk's love for Twitter is not an unknown fact. He loves the microblogging platform so much that he even bought it!

27 Apr 2022

Sensex

Sensex slips to 56,819.39 points, Nifty barely holds 17,000 mark

On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall over fears related to global economic growth. The Sensex plunged 0.94% to 56,819.39 points, while the Nifty fell 162.40 points to 17,038.40.

27 Apr 2022

Paytm

LIC IPO: Bid dates, prices, and other important details revealed

Life Insurance Corporation of India's (LIC) initial public offering (IPO) subscription will open for bidders on May 4 and shall close on May 9.

27 Apr 2022

X

Elon Musk explains what he means by 'free speech'

The word 'free speech' has always been at the center stage of democratic political discourse. However, the centuries old word has acquired popularity like never before after Elon Musk's Twitter takeover.

27 Apr 2022

Electric Vehicles

Tata Motors bags Rs. 5,000cr government tender for electric buses

Tata Motors has emerged as the lowest bidder for a government tender of 5,450 electric buses valued at Rs. 5,000 crore. The contract will be valid for a period of 12 years.

27 Apr 2022

X

Why several high-profile Twitter users lost followers after Musk's buyout

The question many had after Elon Musk's takeover of Twitter was announced was: "How will the users respond to this change?"

26 Apr 2022

X

Things Elon Musk could have bought with $44 billion

Elon Musk's big bag of gold has finally swayed Twitter's board to sell the company to him.

26 Apr 2022

X

Parag Agrawal will receive $42M if fired by Elon Musk

Will Parag Agrawal continue as the CEO of Twitter? This has become a hot topic of discussion after news of Elon Musk's takeover of the company started doing rounds.

Ahead of IPO, anchor investors show massive interest in LIC

The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to be launched on May 4 and will remain for subscriptions until May 9, PTI reported.

26 Apr 2022

Sensex

Sensex climbs to 57,356.61 points, Nifty reclaims 17,200 mark

On Tuesday, the benchmark Sensex and Nifty indices saw gains after a two-session losing streak.

26 Apr 2022

X

How are employees and Twitterati reacting to Musk's Twitter buyout

After nearly two weeks and countless back-and-forths, Elon Musk has come out on top of the bitter takeover battle between himself and Twitter.

26 Apr 2022

Forbes

Gautam Adani becomes world's 5th richest person, surpasses Warren Buffett

Gautam Adani, Chairman of Adani Group, has become the fifth-richest person in the world, topping legendary investor and Berkshire Hathaway CEO Warren Buffett, as per Forbes.

26 Apr 2022

X

Elon Musk's first tweet as Twitter owner: What he posted

In his first tweet as the owner of the microblogging platform Twitter, Elon Musk hailed "free speech" as "the bedrock of a functioning democracy."

26 Apr 2022

X

Elon Musk buys Twitter for $44 billion; vows major changes

Twitter has accepted Elon Musk's offer and sold itself to the world's richest man for approximately $44 billion in one of the biggest tech deals ever.

25 Apr 2022

Coal

Power crisis: Sufficient coal in India, says Coal Minister

Amid a looming power crisis in the country, Coal Minister Pralhad Joshi recently said sufficient coal was available in India.

25 Apr 2022

X

Elon Musk set to fully acquire Twitter for $43 billion

Twitter is about to accept Elon Musk's 'best and final' offer and sell itself to the world's richest man, according to Reuters that cites people familiar with the matter.