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04 Jan 2022

Delhi High Court

In setback for Future Group, Delhi HC rejects new plea

The Delhi High Court on Tuesday dismissed a petition filed by Future Group seeking to quash the arbitration proceedings with Amazon in Singapore.

04 Jan 2022

Microsoft

Apple becomes world's first company to hit $3 trillion valuation

Apple on Monday became the first company to hit a stock market value of $3 trillion. However, by the end of the day's trading session, the value slipped to $2.99 trillion as its share closed at $182.01.

04 Jan 2022

Startups

Theranos's Elizabeth Holmes found guilty on four charges of fraud

Elizabeth Holmes, the founder of failed blood-testing start-up Theranos, was found guilty on four of the 11 federal charges on Monday.

31 Dec 2021

Zomato

Zomato, Swiggy orders may get more expensive from next year

Food delivery services like Swiggy and Zomato will be required to collect and pay goods and service tax (GST) on behalf of all eateries on their platforms starting January 1, 2022.

31 Dec 2021

Nirmala Sitharaman

GST Council decides to postpone tax hike on textiles

The Goods and Services Tax (GST) Council Friday decided to defer the proposed hike in GST rate on textiles, said Union Finance Minister Nirmala Sitharaman.

27 Dec 2021

Nirmala Sitharaman

GST changes from January 1: Here's how it impacts prices

The Goods and Services Tax (GST) regime will witness a host of tax rate and procedural changes starting January 1, 2022.

26 Dec 2021

France

$100T world economy in 2022; China #1 by 2030: Report

The global economic output is set to surpass $100 trillion in 2022, two years earlier than previously forecast, said a report by the Centre for Economics and Business Research (CEBR).

22 Dec 2021

California

Mumbai-born Amrapali Gan named OnlyFans CEO as founder steps down

Mumbai-born Amrapali Gan (36) is taking over as the Chief Executive Officer (CEO) of OnlyFans after Tim Stokely's exit.

20 Dec 2021

Government of India

New labor codes likely in India from FY2022-2023

India is projected to implement four new labor codes on social security, wages, industrial relations, and occupational safety starting the financial year 2022-23, a senior government official reportedly said.

20 Dec 2021

Business

Sensex crashes over 1,800 points amid fears over Omicron

Top Indian equity indexes crashed on Monday amid global fears over the new Omicron variant of coronavirus.

18 Dec 2021

Business

CCI freezes Amazon's deal with Future; slaps Rs. 200cr fine

The Competition Commission of India (CCI) Friday suspended its earlier approval for Amazon's deal to acquire a stake in Future Coupons Private Limited.

17 Dec 2021

Zomato

Gig workers threaten large protest over better pay, benefits

Gig workers in India have threatened large protests over their demands for better pay and benefits.

15 Dec 2021

Narendra Modi

Centre clears Rs. 76,000cr scheme to push semiconductor chip production

The Indian government on Wednesday approved a scheme worth Rs. 76,000 crore to push designing and production of semiconductor chips and display boards in the country.

Congratulations! Leena Nair appointed global CEO of fashion label Chanel

Indian-origin Leena Nair has been named the new Global Chief Executive of Chanel. She will be joining the company next January.

08 Dec 2021

NITI Aayog

India's richest 10% hold 57% of national income: Inequality Report

India stands out as a "poor and very unequal country, with an affluent elite," according to the World Inequality Report 2022.

RBI keeps repo rate unchanged at 4%

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%.

02 Dec 2021

Nitin Gadkari

NHAI suffers Rs. 2,731cr toll loss due to farmers' protest

The National Highways Authority of India (NHAI) suffered a revenue loss of more than Rs. 2,731 crore due to the ongoing farmers' protest.

01 Dec 2021

Inflation

Commercial LPG prices hiked by Rs. 100; check latest rates

The price of liquefied petroleum gas (LPG) cylinders for commercial usage was hiked again on Wednesday.

30 Nov 2021

Twitter

Indian CEOs now manage these leading Silicon Valley technology companies

Parag Agrawal's transition from the Chief Technology Officer (CTO) of Twitter to the microblogging platform's Chief Executive Officer (CEO) is a landmark moment for the company.

30 Nov 2021

Twitter

Everything you should know about Twitter's new CEO Parag Agrawal

Twitter CEO Jack Dorsey on Monday announced he would be stepping down from his role and the company's Chief Technology Officer Parag Agrawal will fill in.

29 Nov 2021

Twitter

Parag Agrawal to replace Jack Dorsey as Twitter CEO

Jack Dorsey announced on Monday that he will be stepping down as the Chief Executive Officer (CEO) of the microblogging site Twitter Inc.

29 Nov 2021

India

No proposal to recognize Bitcoin: Finance Ministry tells Parliament

The Centre said Monday that it has no proposal to recognize Bitcoin as a currency in the country.

27 Nov 2021

SpaceX

Don't order Musk's Starlink internet plans in India, government warns

The Indian government has issued a warning to billionaire Elon Musk's Starlink against offering pre-bookings for internet plans in India.

22 Nov 2021

Facebook

Did Facebook collude with the Election Commission of India?

Facebook's internal documents from 2019 revealed by whistleblower Frances Haugen show that in the days leading up to the 2019 general elections in India, the tech giant convinced the Election Commission of India (ECI) to drop its plans of introducing rigid social media regulation.

18 Nov 2021

Paytm

Paytm debuts on NSE, BSE: Find all key details here

Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.

17 Nov 2021

India

IndiGo ticket prices may soon get cheaper: Here's why

IndiGo airline is reportedly mulling separating its baggage charges from its air ticket in an attempt to position itself as an ultra-low-cost air carrier.

17 Nov 2021

Boeing

Rakesh Jhunjhunwala's Akasa Air orders 72 Boeing 737 MAX aircraft

Ace stock market investor Rakesh Jhunjhunwala-backed Akasa Air struck a deal with Boeing to buy 72 fuel-efficient 737 MAX airplanes on Tuesday.

Work-from-home ends for TCSers? Employees to return to offices today

India is gradually going back to normalcy after nearly two years of adapting to the pandemic. Along with educational institutions and industries, the Information Technology (IT) sector is also gearing up to reopen offices.

14 Nov 2021

Mumbai

Petrol, diesel prices remain unchanged for 10th straight day

The rates of petrol and diesel remained unchanged for the tenth straight day on Sunday after touching record highs earlier this month.

Modi's cryptocurrency meet: Caution over terror financing; 'progressive' steps promised

Prime Minister Narendra Modi on Saturday chaired a key meeting on the cryptocurrency sector.

Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire

Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.

10 Nov 2021

Paytm

Paytm IPO Live Updates: All about India's largest-ever IPO

Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.

08 Nov 2021

SpaceX

Elon Musk's Starlink to offer cheaper internet in India

Since earlier this year, Elon Musk-led SpaceX's satellite internet service, called Starlink, has been in the news for its ability to offer high-speed internet in the remotest parts of the world, including in rural India.

05 Nov 2021

Government of India

Petrol, diesel prices dip as more states cut VAT

Petrol and diesel prices in several cities across the country saw a sharp decline on Friday after more states announced cuts to the Value-Added Tax (VAT).

04 Nov 2021

Ministry of Finance

9 BJP-ruled states cut petrol, diesel rates further

Several states have announced additional relaxations for prices in petrol and diesel shortly after the Centre cut excise duty on fuel.

03 Nov 2021

Government of India

Petrol, diesel made cheaper before Diwali; excise duty slashed

The central government on Wednesday announced a reduction in the excise duty on petrol and diesel.

01 Nov 2021

India

Commercial LPG cylinder price hiked by Rs. 266. Check rates

The price of commercial Liquefied Petroleum Gas (LPG) cylinders has been hiked by Rs. 266 from Monday.

31 Oct 2021

Facebook

Meta acquires makers of virtual reality fitness app 'Supernatural'

Facebook Meta recently acquired Supernatural—one of the first fitness-centric subscription-based apps to become available on the Oculus Quest.

29 Oct 2021

Facebook

With focus on virtual reality, Facebook changes name to 'Meta'

Facebook has announced that it has changed its parent company name to 'Meta.' The new moniker is based on the sci-fi term metaverse.

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.