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New rule introduced for auto-debit transactions from October 1

23 Sep 2021

New rule introduced for auto-debit transactions from October 1

If you use your credit/debit cards or mobile wallets for recurring auto-payments, an important change is coming next month.

Apple's zero net emissions goal looks unlikely: Here's why

23 Sep 2021

Apple's zero net emissions goal looks unlikely: Here's why

In July 2020, Apple had announced that by 2030 the company will work to achieve a 100% carbon-neutral footprint.

Shortlist of third Gaja Capital Business Book Prize unveiled

22 Sep 2021

Shortlist of third Gaja Capital Business Book Prize unveiled

Azim Premji: The Man Beyond the Billions by Sundeep Khanna and Getting Competitive: A Practitioner's Guide for India by RC Bhargava are among the five non-fiction books on contemporary Indian business that have made it to the shortlist of the third Gaja Capital Business Book Prize.

Ajay Banga to retire from Mastercard on December 31

22 Sep 2021

Ajay Banga to retire from Mastercard on December 31

Ajay Banga, one of the topmost Indian-American corporate leaders, and a strong advocate of the India-US relationship would retire from Mastercard at the end of 2021.

Sensex surges over 100 points; Nifty tops 17,500

22 Sep 2021

Sensex surges over 100 points; Nifty tops 17,500

Equity benchmark Sensex rose over 100 points in opening trade on Wednesday, tracking gains in IT stocks amid sustained foreign fund inflow.

Zee Entertainment to merge with Sony India: All details here

22 Sep 2021

Zee Entertainment to merge with Sony India: All details here

On Wednesday, Zee Entertainment Enterprises Ltd. (ZEEL) said that its board has given in-principle approval to proceed with a merger with Sony Pictures Networks India (SPNI).

Sensex rebounds 514 points; Nifty reclaims 17,500 mark

21 Sep 2021

Sensex rebounds 514 points; Nifty reclaims 17,500 mark

Equity benchmark Sensex rallied 514 points on Tuesday, led by gains in Infosys, Bajaj Finance and ITC amid a supportive trend in global markets.

'Zero tolerance'; Government probing claims of Amazon lawyers bribing officials

21 Sep 2021

'Zero tolerance'; Government probing claims of Amazon lawyers bribing officials

The government is investigating allegations that Amazon's legal representatives bribed officials in India, clarifying that it has a "zero-tolerance" policy toward corruption.

Elon Musk takes his 'last remaining' house off the market

20 Sep 2021

Elon Musk takes his 'last remaining' house off the market

Elon Musk is putting his vow to sell all "physical possessions" on hold.

We have zero tolerance for corruption: Amazon on bribery allegations

20 Sep 2021

We have zero tolerance for corruption: Amazon on bribery allegations

Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.

Sensex plunges 525 points on global sell-off

20 Sep 2021

Sensex plunges 525 points on global sell-off

Equity benchmark Sensex plunged 525 points on Monday, led by losses in index majors HDFC twins, Tata Steel, and ICICI Bank amid a sell-off in global markets.

Celebrity Breweries will invest over Rs. 100cr in West Bengal

20 Sep 2021

Celebrity Breweries will invest over Rs. 100cr in West Bengal

City-based Celebrity Breweries Private Limited plans to invest more than Rs. 100 crore in the West Bengal beer market, a top company official said.

Sensex slumps over 350 points in early trade

20 Sep 2021

Sensex slumps over 350 points in early trade

Equity benchmark Sensex slumped over 350 points in early trade on Monday, tracking losses in index majors Tata Steel, HDFC twins, and ICICI Bank amid thin trade in global markets.

Swiggy, Zomato will now collect GST. Does it affect you?

18 Sep 2021

Swiggy, Zomato will now collect GST. Does it affect you?

Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.

Nirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'

16 Sep 2021

Nirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'

To reduce the non-performing assets (NPA) of public sector banks, the Union Cabinet approved a plan to set up the National Asset Reconstruction Company Limited (NARCL) or the "bad bank."

Markets maintain record run; Sensex crosses 59K for first time

16 Sep 2021

Markets maintain record run; Sensex crosses 59K for first time

Market benchmark Sensex scaled the 59,000-mark for the first time on Thursday as investors remained in risk-on mode following the government's policy support measures for various sectors.

GST Council to meet in Lucknow on Friday

16 Sep 2021

GST Council to meet in Lucknow on Friday

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review the tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID-19 drugs.

Sensex hits fresh record in early trade; Nifty above 17,560

16 Sep 2021

Sensex hits fresh record in early trade; Nifty above 17,560

Equity benchmark Sensex jumped over 150 points in early trade to scale a fresh lifetime high of 58,875.78 on Thursday, tracking gains in index majors Bharti Airtel, Tata Steel, and HCL Tech.

Sensex and Nifty surge to fresh lifetime peaks

15 Sep 2021

Sensex and Nifty surge to fresh lifetime peaks

Equity benchmark Sensex soared over 475 points to close at its new lifetime high on Wednesday, driven by gains in TCS, Bharti Airtel, and Titan amid persistent foreign capital inflows.

Zomato co-founder Gaurav Gupta quits to start 'a new chapter'

14 Sep 2021

Zomato co-founder Gaurav Gupta quits to start 'a new chapter'

Gaurav Gupta, the co-founder and Chief Operating Officer (COO) of homegrown food-delivery platform Zomato, has announced his decision to quit the company.

India, Singapore launch project to link UPI and PayNow

14 Sep 2021

India, Singapore launch project to link UPI and PayNow

India and Singapore will link their respective fast payment systems - Unified Payments Interface (UPI) and PayNow - to enable users to make instant, low-cost fund transfers on a reciprocal basis, the Reserve Bank said on Tuesday.

Sensex rises over 180 points on easing inflation, firm cues

14 Sep 2021

Sensex rises over 180 points on easing inflation, firm cues

Equity benchmark Sensex surged over 180 points in early trade on Tuesday, as easing retail inflation triggered buying sentiment in the market.

Ola Electric's Futurefactory to be run by 10,000+ women

13 Sep 2021

Ola Electric's Futurefactory to be run by 10,000+ women

Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.

Sensex drops 127 points; RIL tumbles over two percent

13 Sep 2021

Sensex drops 127 points; RIL tumbles over two percent

Equity benchmark Sensex dropped 127 points on Monday, weighed by losses in index heavyweights Reliance Industries, ICICI Bank, and HDFC Bank.

Jet Airways to resume domestic services in Q1 of 2022

13 Sep 2021

Jet Airways to resume domestic services in Q1 of 2022

Jet Airways will restart domestic operations by the first quarter of 2022 and short-haul international flights by the last quarter of 2022, Jalan-Kalrock Consortium, the winning bidder for the grounded airline, stated on Monday.

Over 1,800 Amrapali homebuyers told to clear balance amount

10 Sep 2021

Over 1,800 Amrapali homebuyers told to clear balance amount

Former Indian cricket captain Mahendra Singh Dhoni is among over 1,800 homebuyers of Amrapali housing projects in Noida who have been asked by a Supreme Court-appointed receiver to start making payments of their outstanding dues within 15 days.

Government enhances scope of TMA scheme for agricultural exports

10 Sep 2021

Government enhances scope of TMA scheme for agricultural exports

The government on Friday enhanced the scope of the Transport and Marketing Assistance scheme for specified agriculture products by including dairy products under its purview and increasing assistance rates.

Future-Reliance deal: SC stays Delhi HC proceedings on Amazon's plea

09 Sep 2021

Future-Reliance deal: SC stays Delhi HC proceedings on Amazon's plea

The Supreme Court on Thursday stayed all proceedings before the Delhi High Court in the Amazon-Future Group-Reliance dispute.

Sensex, Nifty open on choppy note; IT stocks tumble

08 Sep 2021

Sensex, Nifty open on choppy note; IT stocks tumble

Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday, led by weakness in index-heavyweight IT stocks amid tepid cues from global markets.

Sensex snaps three-day winning run; IT, pharma stocks weigh

07 Sep 2021

Sensex snaps three-day winning run; IT, pharma stocks weigh

BSE Sensex surged to yet another all-time high but closed modestly lower on Tuesday as investors offloaded IT, pharma, and banking stocks at higher levels.

El Salvador declares Bitcoin legal tender: What changes now?

07 Sep 2021

El Salvador declares Bitcoin legal tender: What changes now?

It's been 12 years since an anonymous group introduced the world to Bitcoin.

Sensex, Nifty close at new lifetime highs

06 Sep 2021

Sensex, Nifty close at new lifetime highs

Equity benchmark Sensex jumped over 160 points to close at its fresh lifetime peak on Monday, driven by gains in Reliance Industries and Infosys amid strong global cues and unabated foreign capital inflows.

Sensex hits fresh record high; Nifty hovers around 17,400

06 Sep 2021

Sensex hits fresh record high; Nifty hovers around 17,400

Equity benchmark Sensex jumped over 260 points in early trade to scale a fresh lifetime high of 58,390.21 on Monday, tracking gains in index majors Reliance Industries, Bajaj Auto, and L&T amid a largely positive trend in global markets.

A fresh high: Sensex closes above 58K; Nifty tops 17,300

03 Sep 2021

A fresh high: Sensex closes above 58K; Nifty tops 17,300

Equity benchmark Sensex surged 277 points to close above the 58,000-mark for the first time on Friday, driven by gains in index major Reliance Industries amid a largely positive trend in global markets and sustained foreign fund inflows.

Sensex scales 58,000 level for first time; Nifty tops 17,300

03 Sep 2021

Sensex scales 58,000 level for first time; Nifty tops 17,300

Equity benchmark Sensex jumped over 250 points in early trade to scale the 58,000-level for the first time on Friday, led by gains in index majors Reliance Industries, Kotak Bank, and ICICI Bank amid a positive trend in global markets and sustained foreign fund inflows.

Apple slapped with antitrust complaint alleging unfair fees in India

02 Sep 2021

Apple slapped with antitrust complaint alleging unfair fees in India

Cupertino-based tech giant Apple has been hit with an antitrust filing in India against its 30% commission on in-app purchases, according to documents seen by Reuters.

Sensex rallies 514 points to new peak; Nifty crosses 17,200

02 Sep 2021

Sensex rallies 514 points to new peak; Nifty crosses 17,200

Equity benchmark Sensex rallied 514 points to end at a fresh all-time high on Thursday, tracking gains in index majors TCS, Reliance Industries, and HUL amid a positive trend in global markets.

Sensex rises over 150 points; Nifty tops 17,100

02 Sep 2021

Sensex rises over 150 points; Nifty tops 17,100

Equity benchmark Sensex jumped over 150 points in early trade on Thursday, tracking gains in index majors TCS, HUL, and Reliance Industries amid a positive trend in global markets and sustained foreign fund inflows.

Sensex surges over 200 points to hit fresh record

01 Sep 2021

Sensex surges over 200 points to hit fresh record

Equity benchmark Sensex jumped over 200 points to scale a fresh record in early trade on Wednesday, following strong GDP data and heavy foreign fund inflow.

WhatsApp banned over 30 lakh Indian accounts through July

01 Sep 2021

WhatsApp banned over 30 lakh Indian accounts through July

Facebook-owned instant messaging service WhatsApp has released its latest compliance report. According to the document, a staggering 30,27,000 Indian accounts were banned from the platform in the period between June 16 and July 31 this year.