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Jeff Bezos' ex-wife MacKenzie Scott donates $4bn in four months

16 Dec 2020

Jeff Bezos' ex-wife MacKenzie Scott donates $4bn in four months

MacKenzie Scott, the former wife of Amazon CEO Jeff Bezos, has donated over $4 billion in just four months.

Mahindra's Ssangyong defaults on loan repayment worth $55 million

15 Dec 2020

Mahindra's Ssangyong defaults on loan repayment worth $55 million

Mahindra has announced that its South Korean unit, Ssangyong Motor Co., has failed to repay a loan worth 60 billion won (approximately $55 million).

Bengaluru: iPhone manufacturing plant suffered Rs. 52cr damages, says Wistron

15 Dec 2020

Bengaluru: iPhone manufacturing plant suffered Rs. 52cr damages, says Wistron

Violence at an iPhone manufacturing plant near Bengaluru on Saturday caused damages up to Rs. 52 crore, the facility's Taiwan-based operator Wistron Corp said on Tuesday.

#DealOfTheDay: OPPO Find X2 is available with Rs. 18,000 discount

15 Dec 2020

#DealOfTheDay: OPPO Find X2 is available with Rs. 18,000 discount

If you are planning to own a flagship smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 5,000 on the OPPO Find X2 (12GB/256GB) model.

Flipkart 'Big Saving Days' sale: Best deals on smartphones

15 Dec 2020

Flipkart 'Big Saving Days' sale: Best deals on smartphones

Flipkart will soon host its 'Big Saving Days' sale in India. It will start on December 18 and go on till December 22. However, for Flipkart Plus members, the sale will go live on December 17 at 12 pm.

#DealOfTheDay: Samsung Galaxy M51 is available with Rs. 6,000 discount

14 Dec 2020

#DealOfTheDay: Samsung Galaxy M51 is available with Rs. 6,000 discount

If you are planning to own a mid-range smartphone, this might be a suitable opportunity for you. Amazon is offering a discount of Rs. 6,000 on the Samsung Galaxy M51 (6GB/128GB) model.

New fraud of over Rs. 1,000 crore reported by DHFL

14 Dec 2020

New fraud of over Rs. 1,000 crore reported by DHFL

Dewan Housing Finance Corporation Ltd. (DHFL) has reported a new loan fraud — amounting to Rs. 1,058.32 crore — which was detected by transaction auditor Grant Thornton (GT).

Seeing others' social media posts can affect your work performance

14 Dec 2020

Seeing others' social media posts can affect your work performance

Researchers have confirmed what many of us anticipated — the fear of missing out (or FOMO in colloquial language) after seeing social media posts of others is real. It is prominent to the extent that it adversely affects your job performance.

Decades after exit, Tata Group expresses interest in Air India

14 Dec 2020

Decades after exit, Tata Group expresses interest in Air India

One of India's largest conglomerates, the Tata Group, has submitted an expression of interest for acquiring the beleaguered national carrier Air India.

Flipkart 'POCO Days' Sale: Top deals on POCO smartphones

12 Dec 2020

Flipkart 'POCO Days' Sale: Top deals on POCO smartphones

Flipkart is hosting another round of its 'POCO Days' sale in India. Under the sale, which will end on December 14, the e-commerce giant is offering attractive discounts on popular POCO smartphones including the X2, X3, M2 Pro, and C3.

India's economy will contract at slower pace of 8%: ADB

10 Dec 2020

India's economy will contract at slower pace of 8%: ADB

The Indian economy will contract at a slower pace in FY21, the Asian Development Bank (ADB) predicted on Thursday. Revising India's growth for the aforementioned period, the bank said the economy will contract by 8%, a minimal improvement from the earlier de-growth estimate of 9%.

From April, your take home salary could be reduced

09 Dec 2020

From April, your take home salary could be reduced

A new rule by the Centre would mean that employees take a lesser portion of their salaries home, as a substantial chunk of their money would be sent to their retirement corpus.

World may lose $11.5 trillion due to COVID-19, says study

09 Dec 2020

World may lose $11.5 trillion due to COVID-19, says study

Due to the impact of the COVID-19 pandemic, the global economy may lose $11.5 trillion, including $5 trillion to $5.6 trillion in Gross Domestic Product (GDP), a study has suggested.

ICICI case: What Venugopal Dhoot told ED about Deepak Kochhar?

09 Dec 2020

ICICI case: What Venugopal Dhoot told ED about Deepak Kochhar?

The probe launched by the Enforcement Directorate (ED) into the ICICI money laundering case has found tit-for-tat deals between Kochhars and Venugopal Dhoot, the promoter of Videocon Industries.

India's GDP to contract by 9.4% in FY21, says Fitch

08 Dec 2020

India's GDP to contract by 9.4% in FY21, says Fitch

India's GDP will contract by 9.4% in the current fiscal year, Fitch Ratings said in its latest Global Economic Outlook on Tuesday.

Global m-cap hits $100 trillion for first time ever

08 Dec 2020

Global m-cap hits $100 trillion for first time ever

In what qualifies as a historic benchmark, the total value of all stocks listed in the world trumped the $100 trillion mark last week.

IndiGo to refund all passengers for canceled flights by January-end

07 Dec 2020

IndiGo to refund all passengers for canceled flights by January-end

Budget flier IndiGo on Monday committed to refunding all customer credit shells created by cancellations due to COVID-19 by January 31, 2021.

New benchmark: FDI equity inflows cross $500 billion in India

07 Dec 2020

New benchmark: FDI equity inflows cross $500 billion in India

In a development that shows India has emerged as a safe investment destination, Foreign Direct Investment (FDI) equity inflows crossed the $500 billion benchmark, reports PTI. Between April 2000 and September 2020, the country's inflows were recorded at $500.12 billion.

GST transactions worth over Rs. 1 lakh crore under scanner

07 Dec 2020

GST transactions worth over Rs. 1 lakh crore under scanner

Nearly 13,000 business entities, including some big corporations, allegedly availed of input tax credit (ITC) via fake invoices worth more than Rs. 1 lakh crore, for nearly three years, the Directorate General of Analytics and Risk Management (DGARM) has found.

Apple is offering free display replacement for iPhone 11 users

06 Dec 2020

Apple is offering free display replacement for iPhone 11 users

Apple has introduced a display module replacement program for iPhone 11 users who have been experiencing touchscreen issues.

Samsung's Tab S6 Lite is available with Rs. 4,000 discount

05 Dec 2020

Samsung's Tab S6 Lite is available with Rs. 4,000 discount

If you are planning to own an affordable tablet, this might be a good deal for you. Amazon is offering a discount of Rs. 4,000 on the Samsung Galaxy Tab S6 Lite (4GB/64GB) Wi-Fi-only model.

#DealOfTheDay: OnePlus 7T Pro is available with Rs. 15,500 discount

04 Dec 2020

#DealOfTheDay: OnePlus 7T Pro is available with Rs. 15,500 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Amazon is offering a discount of Rs. 10,000 on the flagship OnePlus 7T Pro (8GB/256GB) model.

Travel related stocks jump, shares of IRCTC climb by 14%

04 Dec 2020

Travel related stocks jump, shares of IRCTC climb by 14%

The shares of IRCTC climbed significantly on Friday with the rise being 14.51% at 3:30 pm, when the markets closed. The price of one share was pegged at Rs. 1,578.00.

Beating Jio, Airtel gained 3.77mn new subscribers in September: Details

04 Dec 2020

Beating Jio, Airtel gained 3.77mn new subscribers in September: Details

After a huge gap of four years, India's second-largest telecom service provider, Bharti Airtel, has outperformed Reliance Jio Infocomm in terms of monthly mobile subscriber additions.

RBI predicts FY21's real GDP-growth at -7.5%; repo rate unchanged

04 Dec 2020

RBI predicts FY21's real GDP-growth at -7.5%; repo rate unchanged

On Friday, the Reserve Bank of India revised the real GDP growth projection for 2020-21 to -7.5%, after initially predicting that it would be -9.5%.

Reliance Industries tops Fortune India-500 list for second straight year

02 Dec 2020

Reliance Industries tops Fortune India-500 list for second straight year

Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has topped the Fortune India-500 list for the second year in a row.

2.2 billion UPI transactions recorded in November

02 Dec 2020

2.2 billion UPI transactions recorded in November

In what serves as another proof that Indians are going the cashless way, UPI transactions in November grew by 6.7% compared to October.

SpiceJet to provide logistical support for coronavirus vaccines

02 Dec 2020

SpiceJet to provide logistical support for coronavirus vaccines

Airline SpiceJet announced on Wednesday that it is gearing up to provide logistical support for COVID-19 vaccination through its dedicated freighter division SpiceXpress.

Yogi Adityanath lists Lucknow Municipal Corporation bond  at BSE

02 Dec 2020

Yogi Adityanath lists Lucknow Municipal Corporation bond at BSE

Uttar Pradesh Chief Minister Yogi Adityanath listed Lucknow Municipal Corporation bond at the Bombay Stock Exchange (BSE) this morning. The state's capital has now become the ninth Indian city to raise municipal bonds.

#DealOfTheDay: Samsung Galaxy A71 is available with Rs. 10,500 discount

01 Dec 2020

#DealOfTheDay: Samsung Galaxy A71 is available with Rs. 10,500 discount

If you are planning to own a premium smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 5,500 on the Samsung Galaxy A71 (8GB/128GB) model.

Bajaj Auto's total sales up by 5% in November 2020

01 Dec 2020

Bajaj Auto's total sales up by 5% in November 2020

In a BSE filing, Bajaj Auto has reported a 5% hike in total sales to 4,22,240 units in November this year. A year ago, the company sold 4,03,223 units in the same month.

Global smartphone sale down by 5.7% in Q3: Report

01 Dec 2020

Global smartphone sale down by 5.7% in Q3: Report

The sale of smartphones to end users around the world totaled 366 million units in the third quarter of 2020, marking a drop of 5.7% from the same period last year, a report said on Monday.

Jet Airways ex-employees hopeful of getting jobs under new ownership

01 Dec 2020

Jet Airways ex-employees hopeful of getting jobs under new ownership

Former employees of Jet Airways, once the largest private airline in the country, are hopeful of getting their old jobs back with the carrier getting new owners.

#DealOfTheDay: Samsung Galaxy Note10+ available with Rs. 30,000 discount

30 Nov 2020

#DealOfTheDay: Samsung Galaxy Note10+ available with Rs. 30,000 discount

If you are planning to own a premium smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 30,0001 on the Samsung Galaxy Note10+ (12GB/256GB) model.

Realme Narzo 20 Pro is available with Rs. 3,000 discount

28 Nov 2020

Realme Narzo 20 Pro is available with Rs. 3,000 discount

If you are planning to own a budget-friendly smartphone, this might be a good deal for you. Flipkart is offering a discount of Rs. 3,000 on the Realme Narzo 20 Pro (6GB/64GB) model.

GDP shrinks by 7.5% in Q2, India in technical recession

28 Nov 2020

GDP shrinks by 7.5% in Q2, India in technical recession

After a record 23.9% slump in the previous quarter, the Indian economy rebounded a little in the July-September quarter, as the gross domestic product (GDP) shrank by 7.5%.

#DealOfTheDay: iPhone Xr is available with Rs. 8,900 discount

27 Nov 2020

#DealOfTheDay: iPhone Xr is available with Rs. 8,900 discount

If you are planning to own a premium smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 8,901 on the iPhone Xr (64GB storage model).

Beauty e-tailer Nykaa bags undisclosed funding from Boston-based Fidelity Investments

27 Nov 2020

Beauty e-tailer Nykaa bags undisclosed funding from Boston-based Fidelity Investments

Indian beauty and fashion e-commerce unicorn Nykaa announced that it has raised an undisclosed amount of funding from the Boston-based asset management firm, Fidelity Management & Research Company.

Flipkart Black Friday Sale: Best offers on smartphones

26 Nov 2020

Flipkart Black Friday Sale: Best offers on smartphones

Flipkart has kicked-off its Black Friday Sale in India starting today. Under the sale, which will end on November 30, the e-commerce giant is offering attractive offers on some of the best-selling smartphones.

#DealOfTheDay: Vivo V20 is available with benefits worth Rs. 5,500

26 Nov 2020

#DealOfTheDay: Vivo V20 is available with benefits worth Rs. 5,500

If you are planning to own a good mid-range smartphone, this might be a suitable opportunity for you. Flipkart is offering a discount of Rs. 3,000 on the Vivo V20 (8GB/128GB) model.