Business News

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Sensex jumps over 300 points in early trade

Equity benchmark Sensex surged over 300 points in early trade on Monday, tracking gains in index majors HDFC, Reliance Industries, and Infosys amid a positive trend in global equities.

31 Jul 2021

COVID-19 Vaccination

Facebook and Google mandate employee vaccination before returning to offices

Employers around the world have taken the onus to vaccinate their employees against the contagious COVID-19 disease. In the US, tech giants such as Google and Facebook also had plans to reopen office spaces.

Sensex rises over 125 points in early trade

Equity benchmark Sensex surged over 125 points in early trade on Friday, tracking gains in index majors Tech Mahindra, TCS, and HDFC twins.

30 Jul 2021

Startups

Leher, IIM Bangalore's SIGMA club collaborate for product management competition

We are at a watershed moment in the social media industry where audio-based real-time interaction platforms have caught on and are witnessing a boom.

29 Jul 2021

YouTube

Alphabet Inc. beats all-time record with $61.9 billion revenue

Google's parent company Alphabet Inc. has logged $61.9 billion in revenue and $27.26 in earnings per share during the second quarter ending June 30, 2021.

29 Jul 2021

Mumbai

Sensex rises over 200 points in early trade

Equity benchmark Sensex jumped over 200 points in early trade on Thursday, tracking gains in index majors Reliance Industries, Infosys, and HCL Tech amid a largely positive trend in global markets.

29 Jul 2021

Microsoft

Here are all the key points from Microsoft's earnings report

Microsoft has posted its financial results for the fourth quarter of the fiscal year 2021. The company reported $46.2 billion in revenue, and $16.5 billion as its net income.

28 Jul 2021

Apple

Apple posts record earnings in this quarter. Reason is iPhone

On July 27, Apple announced its financial results for the third quarter of FY 2021 that ended on June 26. The company claims that its quarterly revenue of $81.4 billion marks a 36 percent year-on-year increase.

Depositors to get Rs. 5L insurance if bank under moratorium

The Indian government on Wednesday cleared amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, thus providing a big relief to the customers of failed or stressed banks.

Sensex drops over 250 points in early trade

Equity benchmark Sensex dropped over 250 points in early trade on Wednesday, tracking losses in index majors HDFC twins, Reliance Industries and Infosys amid a negative trend in global markets.

27 Jul 2021

Blue Origin

Bezos pens open letter to NASA about Artemis lander contract

Shortly after journeying to the edge of space, Jeff Bezos has stepped in to resolve his company Blue Origin's dispute with NASA.

27 Jul 2021

Business

#FundingAlert: ShareChat's parent raises $145 million led by Temasek, MSV

The parent company behind ShareChat and short video app Moj, Mohalla Tech has successfully raised $145 million as an extension of its Series F funding round.

27 Jul 2021

Mumbai

Sensex rises over 150 points in early trade

Equity benchmark Sensex surged over 150 points in early trade on Tuesday, tracking gains in index majors HDFC Bank, ICICI Bank, and Tata Steel amid a positive trend in global markets.

26 Jul 2021

Indian Economy

Spike in rural unemployment; urban unemployment rises marginally: CMIE

Rural India is witnessing a spike in the weekly unemployment rate, according to data from the Centre for Monitoring Indian Economy (CMIE).

No plans to print currency notes: Sitharaman on economic crisis

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of the COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday.

23 Jul 2021

Bharti Airtel

AGR dues: SC rejects telcos' plea seeking corrections in dues

In a major blow to major Indian telecom players, the Supreme Court on Friday rejected the applications by Bharti Airtel, Vodafone Idea, and Tata Teleservices, seeking corrections in the calculation of the adjusted gross revenue (AGR) owed to the Centre.

23 Jul 2021

Zomato

Zomato makes stellar stock market debut; lists at 53% premium

Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.

Sensex jumps over 400 points in early trade

Equity benchmark Sensex rallied over 400 points in early trade on Thursday, tracking gains in index majors HDFC Bank, Infosys, and ICICI Bank amid a positive trend in global markets.

21 Jul 2021

Kolkata

Lamborghini aims at triple digit sales in India

Super luxury car manufacturer Lamborghini aims at triple-digit sales in India and plans to launch models concurrently in the country along with other nations, a company official said on Wednesday.

19 Jul 2021

Business

#FundingAlert: Lenskart raises $220 million from Temasek, Falcon Edge Capital

Bengaluru-based eyewear retail start-up Lenskart is now valued at $2.5 billion, following a fresh $220 million investment led by Temasek and Falcon Edge Capital.

Sensex tanks over 500 points in early trade

Equity benchmark Sensex plunged over 500 points in early trade on Monday, tracking heavy losses in HDFC twins, ICICI Bank and Kotak Bank amid weak cues from global markets.

18 Jul 2021

Reliance JioFiber

How to get free JioFiber for a year with referrals

Mukesh Ambani-led telecom giant Reliance Jio is aggressively popularizing its broadband service called JioFiber just like it popularized 4G cellular connections when it launched.

Sensex jumps 255 points to end at a fresh record

Equity benchmark Sensex surged 255 points to close at an all-time high on Thursday, tracking gains in index majors HDFC Bank, L&T, and HCL Tech.

15 Jul 2021

Apple

Government withdraws letter to Apple for compliance with IT Rules

The Centre has reportedly withdrawn a letter asking Apple to comply with new IT Rules, specifically about the company's messaging service.

15 Jul 2021

Fuel Price Hike

Fuel prices hiked again, petrol costs Rs. 101.54/liter in Delhi

Petrol price on Thursday was hiked by 35 paise per liter and diesel by 15 paise, pushing rates to a new high across the country.

RBI bars Mastercard from issuing new cards from July 22

In a major supervisory action, the Reserve Bank of India on Wednesday indefinitely barred the US-based Mastercard from issuing new credit, debit, and prepaid cards from July 22 for its failure to comply with data storage norms.

14 Jul 2021

Anurag Thakur

Dearness Allowance for government employees hiked from July 1

The Union Cabinet on Wednesday approved a hike in the Dearness Allowance (DA) and Dearness Relief (DR) for employees of the central government and pensioners.

14 Jul 2021

Burger King

'We all quit': Burger King staff post on store sign

"We all quit," reads an atypical signboard outside a Burger King outlet in Lincoln, Nebraska in the United States.

Sensex drops over 100 points in early trade

Equity benchmark Sensex dropped over 100 points in early trade on Wednesday, tracking losses in index majors ICICI Bank, HDFC twins, and Reliance Industries amid a negative trend in global markets.

14 Jul 2021

Zomato

Zomato's IPO opens for subscription: Should you invest?

Indian restaurant aggregator and food delivery service Zomato is set to launch its Rs. 9,375 crore initial public offering (IPO) today (July 14). Shares from the company's IPO are expected to be in the price range of Rs. 72 to Rs. 76 each.

13 Jul 2021

Elon Musk

Elon Musk purchases ticket for Virgin Galactic flight to space

Did you think that SpaceX CEO Elon Musk and Virgin Galactic founder Richard Branson are at odds with each other just because they run rival space exploration companies?

12 Jul 2021

Flipkart

#FundingAlert: Flipkart raises $3.6 billion in fresh funding

Walmart-owned e-commerce giant Flipkart has successfully raised $3.6 billion in fresh funding from global investors, sovereign funds, and private equity firms, as well as by Walmart itself.

10 Jul 2021

Delhi

Mother Dairy raises milk prices from tomorrow. Check rates here

Mother Dairy has decided to hike prices of milk in Delhi-NCR and other cities by Rs. 2 per liter starting tomorrow, July 11.

09 Jul 2021

Health & Wellness

HealthifyMe acqui-hires Under45 team, launches Co-WIN-linked vaccination slot booking facility

With India's COVID-19 vaccination drive gathering steam and breaking records, it's no surprise that private entities want to do their bit for the country, too.

Sensex drops 183 points; Nifty slips below 15,700 points

Equity benchmark Sensex tumbled over 183 points to close in red on Friday, tracking losses in index majors HDFC Bank, Reliance Industries, and TCS.

09 Jul 2021

India

WhatsApp says it has put new privacy policy on hold

WhatsApp today told the Delhi High Court it would neither force users to accept its controversial new privacy policy nor limit functionality of the messaging service for those who choose not to accept its terms.

08 Jul 2021

France

French court allows Cairn Energy to seize 20 Indian properties

A French court order has reportedly allowed Britain's Cairn Energy to seize some 20 properties owned by the Indian government in Paris.

08 Jul 2021

Twitter

Trump sues Facebook, Twitter, Google alleging violation of First Amendment

On Wednesday, former US President Donald Trump announced that he will move court against Facebook, Google, Twitter, and their CEOs.

07 Jul 2021

Mukesh Ambani

Ambani, Adani to turn competitors over green energy domination

Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani.

Sensex ends above 53,000-mark for the first time

Equity benchmark Sensex jumped 194 points to close above the 53,000-mark for the first time on Wednesday, propelled by metal, finance, and banking stocks, as investors were in buying mode ahead of a reshuffle of the Union Cabinet.