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Shaktikanta Das reappointed RBI governor for 3 more years

29 Oct 2021

Shaktikanta Das reappointed RBI governor for 3 more years

The Indian government has reappointed Shaktikanta Das as the Governor of the Reserve Bank of India (RBI) for a period of three years.

Musk may soon become first person with $300bn net worth

28 Oct 2021

Musk may soon become first person with $300bn net worth

Tesla CEO Elon Musk is on the road to becoming the world's first person with a $300 billion net worth.

Tesla requests Musk-Modi meeting to resolve import duty issues

22 Oct 2021

Tesla requests Musk-Modi meeting to resolve import duty issues

Following a closed-door meeting with the Indian government officials, American electric car maker Tesla has now requested an in-person meeting of its CEO Elon Musk and Prime Minister Narendra Modi.

Cabinet approves 3% DA hike for central government employees

21 Oct 2021

Cabinet approves 3% DA hike for central government employees

The Union Cabinet on Thursday approved a 3% hike in dearness allowance (DA) and dearness relief (DR) for central government employees and pensioners.

Is Facebook planning a name change? Reports suggest so

20 Oct 2021

Is Facebook planning a name change? Reports suggest so

Social media giant Facebook is likely to announce a name change this month, the Verge reported.

After divorce, Bill, Melinda Gates walk daughter down the aisle

17 Oct 2021

After divorce, Bill, Melinda Gates walk daughter down the aisle

Jennifer Gates, the daughter of Bill Gates and Melinda Gates, got married to fellow equestrian Nayel Nassar on Saturday.

How to create efficient supply chain management systems

15 Oct 2021

How to create efficient supply chain management systems

E-commerce platforms are experiencing immense growth and this has led to the boom in supply chain management (SCM). Therefore, SCM Analytics is essential. It helps to analyze available data and gather metrics that can determine how systems can become more efficient.

CarDekho turns unicorn with $250mn pre-IPO funding led by LeapFrog

14 Oct 2021

CarDekho turns unicorn with $250mn pre-IPO funding led by LeapFrog

Aiming to capture a larger share in India's used car retail space, Jaipur-based CarDekho has raised $250 million, including $200 million in equity and $50 million as debt, in its latest pre-IPO funding round.

Government could sell Alliance Air as well: Check details here

10 Oct 2021

Government could sell Alliance Air as well: Check details here

Hot on the heels of national carrier Air India's sale to Tata Sons, the government is reportedly likely to sell state-run regional airline Alliance Air.

Mukesh Ambani enters the elusive $100bn club alongside Bezos, Musk

09 Oct 2021

Mukesh Ambani enters the elusive $100bn club alongside Bezos, Musk

Asia's richest person Mukesh Ambani has entered the world's most elite wealth club with a fortune of at least $100 billion, joining the likes of Jeff Bezos and Elon Musk.

Disney+ Hotstar grew the most in Q3 2021 in India

09 Oct 2021

Disney+ Hotstar grew the most in Q3 2021 in India

Recent times have seen streaming services battling to gain viewers' attention by buying rights to major movies in the absence of fully-functioning cinema halls (blame COVID-19).

Tata Sons acquires Air India for Rs. 18,000 crore

08 Oct 2021

Tata Sons acquires Air India for Rs. 18,000 crore

Tata Sons has won the bid to acquire national carrier Air India after placing a winning bid of Rs. 18,000 crore, reports said.

RBI keeps repo rate unchanged at 4%

08 Oct 2021

RBI keeps repo rate unchanged at 4%

The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4 percent for the eighth straight time.

CoinSwitch Kuber raises $260 million, becomes India's second crypto unicorn

07 Oct 2021

CoinSwitch Kuber raises $260 million, becomes India's second crypto unicorn

Cryptocurrency exchange CoinSwitch Kuber announced it has raised $260 million in a Series C round of funding, bumping up its valuation to $1.9 billion.

Reliance Retail set to bring 7-Eleven stores to Indian shores

07 Oct 2021

Reliance Retail set to bring 7-Eleven stores to Indian shores

Indian billionaire businessman Mukesh Ambani's Reliance Retail Ltd. will soon bring 7-Eleven Inc.'s convenience stores to India.

Facebook whistleblower testifies before Senate: Here are the key points

06 Oct 2021

Facebook whistleblower testifies before Senate: Here are the key points

Facebook whistleblower Frances Haugen made her identity known to all on Sunday night's episode of 60 Minutes. She had complained to the Securities and Exchange Commission about Facebook and leaked its internal research and documents to the Wall Street Journal.

Mark Zuckerberg lost $6 billion during Facebook outage: Details here

05 Oct 2021

Mark Zuckerberg lost $6 billion during Facebook outage: Details here

Late last night, Facebook and its subsidiary services, including WhatsApp, Instagram, and Messenger, suffered a worldwide outage that lasted nearly six hours.

'Incorrect': Government denies report on Tata winning Air India bid

01 Oct 2021

'Incorrect': Government denies report on Tata winning Air India bid

The Indian government has denied reports that the Tata Group has won the bid for Air India.

Facebook releases slides detailing Instagram's impact on teen mental health

01 Oct 2021

Facebook releases slides detailing Instagram's impact on teen mental health

Social-media giant Facebook has recently published two slide decks outlining its studies about Instagram's effect on teenagers' mental health.

Fresh hike: Diesel at record high, petrol nears all-time high

30 Sep 2021

Fresh hike: Diesel at record high, petrol nears all-time high

Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and 30 paise a liter respectively.

Sensex slumps over 150 points; Nifty drops below 17,700

30 Sep 2021

Sensex slumps over 150 points; Nifty drops below 17,700

Equity benchmark Sensex dropped over 150 points in early trade on Thursday, tracking losses in index majors Reliance Industries, HDFC Bank, and ICICI Bank amid sustained foreign fund outflow.

'Lot to do on Earth,' Bill Gates on space tourism

29 Sep 2021

'Lot to do on Earth,' Bill Gates on space tourism

Billionaire philanthropist Bill Gates on Wednesday criticized space tourism, saying rather than exploring space for recreational activities, "we have a lot to do here on Earth."

Flipkart Big Billion Days sale: Attractive deals on smartphones revealed

29 Sep 2021

Flipkart Big Billion Days sale: Attractive deals on smartphones revealed

Rivaling Amazon, Flipkart will kick-off its 'Big Billion Days' sale in India starting October 3. The sale will end on October 10 and various offers on popular smartphones have already been revealed by the e-commerce giant.

Amazon Great Indian Festival sale: Top deals on smartphones revealed

29 Sep 2021

Amazon Great Indian Festival sale: Top deals on smartphones revealed

Amazon will begin its 'Great Indian Festival' sale in India on October 3. Under the sale, the e-commerce giant will provide massive discounts across several product categories, including smartphones.

Gold schemes start at Rs. 100 as digital sales rise

29 Sep 2021

Gold schemes start at Rs. 100 as digital sales rise

Jewelers in India are selling gold for as little as Rs. 100 as digital trading of the metal has gained popularity in the aftermath of the COVID-19 pandemic.

Supertech moves SC over twin tower demolition; proposes 'alternative plan'

29 Sep 2021

Supertech moves SC over twin tower demolition; proposes 'alternative plan'

Supertech Builders has approached the Supreme Court seeking a stay on its August 31 order which directed the demolition of two disputed 40-story towers at its Emerald Court housing project in Noida.

Sensex plunges over 500 points; Nifty tests 17,600

29 Sep 2021

Sensex plunges over 500 points; Nifty tests 17,600

Equity benchmark Sensex slumped over 500 points in early trade on Wednesday, tracking losses in index majors HDFC Bank, ICICI Bank, and Infosys amid a heavy selloff in the global markets.

Sensex tanks 410 points, Nifty ends below 17,750

28 Sep 2021

Sensex tanks 410 points, Nifty ends below 17,750

Equity benchmark Sensex tumbled 410 points or 0.68% on Tuesday due to heavy selling in IT, financials, and telecom stocks in line with weak global trends as US bond yields rebounded.

Fuel prices see another hike as crude rises above $80/barrel

28 Sep 2021

Fuel prices see another hike as crude rises above $80/barrel

Petrol price on Tuesday was hiked by 20 paise per liter and diesel by 25 paise as international oil prices crossed the $80 per barrel mark for the first time in three years.

Some banking rules that will change from next month (October)

27 Sep 2021

Some banking rules that will change from next month (October)

Several new banking and other rules will come into effect from October 1.

Banks closed up to 21 days in October: Check list

27 Sep 2021

Banks closed up to 21 days in October: Check list

Banks in India will be closed for up to 21 days in October, including weekly offs, viz., second and fourth Saturdays and Sundays.

Sensex ends above the historic 60K mark; Nifty tops 17,850

24 Sep 2021

Sensex ends above the historic 60K mark; Nifty tops 17,850

Equity benchmark Sensex jumped 163 points to end above the 60,000-mark for the first time ever on Friday, led by strong gains in HDFC Bank, Infosys, and Asian Paints.

Diesel price hiked, no change in petrol rate

24 Sep 2021

Diesel price hiked, no change in petrol rate

Diesel price on Friday was hiked by 20 paise per liter - the first increase in rates in over two months - as international oil prices neared their highest since 2018.

Sensex hits 60K for first time; Nifty crosses 17,900

24 Sep 2021

Sensex hits 60K for first time; Nifty crosses 17,900

Equity benchmark Sensex rallied over 350 points to hit the 60,000-mark for the first time in opening trade on Friday, led by strong gains in index majors Infosys, HDFC Bank, and TCS.

Three reasons why you must take cryptocurrency seriously

24 Sep 2021

Three reasons why you must take cryptocurrency seriously

Imagine the year is 2035. You and your friends have planned a vacation to the planet Mars. And you are asked to pay for your space shuttle in Bitcoin or let's say meme-inspired Dogecoin (as proposed by Elon Musk!). How cool does it sound?

OYO could file for $1 billion-worth IPO next week

24 Sep 2021

OYO could file for $1 billion-worth IPO next week

Budget-centric Indian hotel chain start-up OYO is likely to file for an initial public offering (IPO) next week.

A fresh high: Sensex skyrockets 958 points; Nifty tops 17,800

23 Sep 2021

A fresh high: Sensex skyrockets 958 points; Nifty tops 17,800

Equity benchmark Sensex zoomed 958 points to end at a fresh lifetime high on Thursday, tracking gains in index majors Reliance Industries, HDFC twins, and ICICI Bank amid a positive trend in global markets.

Facebook CTO stepping down after '13 amazing years': Here's why

23 Sep 2021

Facebook CTO stepping down after '13 amazing years': Here's why

Facebook Chief Technology Officer (CTO) Mike Schroepfer announced on Wednesday that he would be stepping down from his role and transitioning to a part-time position as a Senior Fellow at Facebook next year.

Indian SaaS start-up Freshworks lists on Nasdaq following billion-dollar IPO

23 Sep 2021

Indian SaaS start-up Freshworks lists on Nasdaq following billion-dollar IPO

Chennai and San Mateo-based software-as-a-service (SaaS) company Freshworks Inc. made its debut on Nasdaq after an initial public offering (IPO) worth over $1 billion.

Sensex rallies over 450 points; Nifty tops 17,650

23 Sep 2021

Sensex rallies over 450 points; Nifty tops 17,650

Equity benchmark Sensex rallied over 450 points in opening trade on Thursday amid a positive trend in global markets after the US Federal Reserve hinted that it may begin easing its extraordinary support measures for the economy later this year.