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Edtech layoffs continue: Byju's, WhiteHat Jr, Toppr fire 2,500 employees

30 Jun 2022

Byjus
Edtech layoffs continue: Byju's, WhiteHat Jr, Toppr fire 2,500 employees

India's edtech industry hit another low as Byju's, the world's most-valued edtech company, slashed over 2,500 jobs across its group companies.

#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied

29 Jun 2022

Cryptocurrency
#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied

India's cryptocurrency market is holding its breath as the fateful July 1 approaches. Transfers of virtual digital assets (VDA), including cryptocurrencies and NFTs, are set to attract an additional tax deducted at source (TDS) of 1% from July 1 onward.

Sensex ends in red, Nifty settles below 15,800 points

29 Jun 2022

Stock Market
Sensex ends in red, Nifty settles below 15,800 points

The Indian stock market closed in red on Wednesday with the Sensex settling at 53,026.97 points and the Nifty ending at 15,799.1 points.

Akash Ambani appointed as the new chairperson of Reliance Jio

28 Jun 2022

Mukesh Ambani
Akash Ambani appointed as the new chairperson of Reliance Jio

Akash Ambani has been named the new chairperson of Reliance Jio Infocomm Ltd, the digital arm of Reliance Industries.

Sensex closes near 53,180 points, Nifty settles at 15,850

28 Jun 2022

Sensex
Sensex closes near 53,180 points, Nifty settles at 15,850

On Tuesday, the Indian equity benchmarks extended their winning run for the fourth straight session. While the Sensex settled at 53,177.45 points, the Nifty stood at 15,850.2.

GST Council's two-day meet starts today: Details here

28 Jun 2022

GST
GST Council's two-day meet starts today: Details here

The Goods and Services Tax (GST) Council's two-day meeting commenced on Tuesday in Chandigarh.

Happy birthday Elon Musk: Tracing his life and key milestones

28 Jun 2022

Elon Musk
Happy birthday Elon Musk: Tracing his life and key milestones

Tesla and SpaceX CEO, Elon Musk, has been an enigma to many.

Pallonji Mistry, chairman of Shapoorji Pallonji Group, dies at 93

28 Jun 2022

Pallonji Mistry
Pallonji Mistry, chairman of Shapoorji Pallonji Group, dies at 93

Business tycoon Pallonji Mistry, Chairman of Shapoorji Pallonji Group, passed away at his Mumbai residence on Monday night. He was 93.

Reliance, Swiggy, and PremjiInvest join bid to buy Metro India

27 Jun 2022

Mukesh Ambani
Reliance, Swiggy, and PremjiInvest join bid to buy Metro India

The race to purchase the Indian operations of German retailer Metro AG has become competitive, with several parties joining in.

Sensex climbs to 53,161 points, Nifty settles above 15,800

27 Jun 2022

Sensex
Sensex climbs to 53,161 points, Nifty settles above 15,800

On Monday, the Indian equity benchmarks extended their winning run for the third straight session. While the Sensex rose 0.82% to 53,161 points, the Nifty jumped 0.84% to 15,832.05 points.

New labor laws: How your salary, work timings may change
New labor laws: How your salary, work timings may change

The Union government is planning to implement new labor laws in India from July 1.

Sensex climbs to 52,728 points, Nifty settles near 15,700 mark

24 Jun 2022

Sensex
Sensex climbs to 52,728 points, Nifty settles near 15,700 mark

On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.88% to 52,727.98 points, the Nifty jumped 0.92% to 15,699.25 points.

How Kolkata's new co-working space helping freelancers, working mothers

24 Jun 2022

Kolkata
How Kolkata's new co-working space helping freelancers, working mothers

A new co-working space in Kolkata's New Town, named Happy Works, is bringing smile on the faces of freelancers and working mothers as it is providing a comfortable setting for people to work at minimal rate of Rs. 30 for 90 minutes.

Sensex climbs to 52,266 points, Nifty settles at 15,557 points

23 Jun 2022

Stock Market
Sensex climbs to 52,266 points, Nifty settles at 15,557 points

On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. Sensex jumped 0.85% to 52,266, while the Nifty climbed 0.92% to 15,557 points.

Average salary of Indian CEO is over Rs. 11cr: Deloitte

23 Jun 2022

Deloitte
Average salary of Indian CEO is over Rs. 11cr: Deloitte

As per an executive remuneration survey by Deloitte India, the average compensation of Indian CEOs in FY22 stood at Rs. 11.2 crore- a three-year high. Meanwhile, the median salary stood at Rs. 7.4 crore.

Sensex slips to 51,823 points, Nifty settles below 15,450

22 Jun 2022

Stock Market
Sensex slips to 51,823 points, Nifty settles below 15,450

On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall after a two-day relief rally. The Sensex plunged 1.37% to 51,823 points, while the Nifty fell 1.46% to 15,413 points.

What is credit, debit card tokenization rule effective July 1
What is credit, debit card tokenization rule effective July 1

The Reserve Bank of India (RBI) has mandated card-on-file (CoF) tokenization for domestic online purchases via credit and debit cards from July 1.

Sensex rises 934 points, Nifty settles above 15,600 points

21 Jun 2022

Stock Market
Sensex rises 934 points, Nifty settles above 15,600 points

The stock market on Tuesday closed in green as the Sensex rose 1.78% to 52,532.07 points while the Nifty climbed 1.85% to 15,638.8 points.

Air India planning to buy 300 aeroplanes in largest-ever order

20 Jun 2022

Air India
Air India planning to buy 300 aeroplanes in largest-ever order

Tata Group-owned Air India is mulling one of the largest orders in commercial aviation history by ordering 300 narrowbody jets.

Sensex closes at 51,598 points, Nifty settles at 15,350

20 Jun 2022

Stock Market
Sensex closes at 51,598 points, Nifty settles at 15,350

On Monday, the Indian equity benchmarks settled higher in volatile trade, with the Sensex settling at 51,598 points and Nifty ending at 15,350.

Sensex falls 135 points, Nifty settles below 15,300 points

17 Jun 2022

Stock Market
Sensex falls 135 points, Nifty settles below 15,300 points

The stock market on Friday ended on a sluggish note as the Sensex settled at 51,360.42 points and the Nifty stood at 15,293.5 points.

Dogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion

17 Jun 2022

Elon Musk
Dogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion

Keith Johnson, a US citizen, has sued Elon Musk, Tesla, and SpaceX for defrauding him with the "Dogecoin Crypto Pyramid Scheme."

With CASHe, you can now avail instant loan on WhatsApp

16 Jun 2022

WhatsApp
With CASHe, you can now avail instant loan on WhatsApp

CASHe, a Mumbai-based fintech platform, has launched an instant credit line service on WhatsApp.

Sensex tanks 1,045 points, Nifty settles below 15,400 points

16 Jun 2022

Stock Market
Sensex tanks 1,045 points, Nifty settles below 15,400 points

The stock market on Thursday continued the losing streak for the fifth day in a row as the Sensex slid 1,045.6 points to 51,495.79 points while the Nifty shed 331.55 points to 15,360.6 points.

Sensex closes at 52,541 points, Nifty settles at 15,692

15 Jun 2022

Stock Market
Sensex closes at 52,541 points, Nifty settles at 15,692

On Wednesday, major indices of the stock market ended in red with the Sensex settling at 52,541.39 points and the Nifty closing at 15,692.15 points.

#NewsBytesExplainer: Why Russia-Ukraine war is hitting Gujarat's diamond industry hard?

14 Jun 2022

Gujarat
#NewsBytesExplainer: Why Russia-Ukraine war is hitting Gujarat's diamond industry hard?

The Russia-Ukraine war, which started with Russia's invasion of Ukraine on February 24, has had several adverse effects on the livelihoods of people worldwide.

Sensex slips 153 points to 52,693, Nifty below 15,750 mark

14 Jun 2022

Stock Market
Sensex slips 153 points to 52,693, Nifty below 15,750 mark

The stock market on Tuesday ended on a sluggish note as the Sensex settled at 52,693.57 points and the Nifty stood at 15,732.1 points.

Sensex slips over 1,450 points, Nifty settles below 15,800

13 Jun 2022

Stock Market
Sensex slips over 1,450 points, Nifty settles below 15,800

On Monday, the stock market was in the hands of bear, as the Sensex slipped 2.76%, to 52,846.7 points while the Nifty dropped 2.71%, to 15,774.4 points.

Google pays $118 million to female employees; settles discrimination lawsuit

13 Jun 2022

Google
Google pays $118 million to female employees; settles discrimination lawsuit

Tech giant Google has settled a class-action lawsuit over gender discrimination and equitable pay by paying $118 million to more than 15,500 female employees.

Sensex plummets over 1,000 points, Nifty barely holds 16,200 points

10 Jun 2022

Sensex
Sensex plummets over 1,000 points, Nifty barely holds 16,200 points

The stock market ended on a bearish trend on Friday with the Sensex crashing to 54,303.44 points and the Nifty plummeting to 16,201.8 points.

How Apple is assuming banking tasks with Pay Later service

10 Jun 2022

Apple
How Apple is assuming banking tasks with Pay Later service

Apple announced its buy now, pay later (BNPL) service, Pay Later, at the recently concluded Worldwide Developers Conference (WWDC). The tech giant has now said that it plans to fund the service by itself.

Nykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise

09 Jun 2022

Unicorn
Nykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise

Online cosmetic products start-up Purplle has joined the coveted unicorn club. In its Series E funding led by Paramark Ventures, the Mumbai-based company has raised $33 million at a $1.1 billion valuation.

Sensex gains over 425 points, Nifty reaches near 16,500 mark

09 Jun 2022

Stock Market
Sensex gains over 425 points, Nifty reaches near 16,500 mark

The benchmark Sensex and Nifty indices on Thursday showed an upward trend, snapping the four-day losing streak.

Twitter to give Elon Musk access to data on bots

09 Jun 2022

Twitter
Twitter to give Elon Musk access to data on bots

Elon Musk's $44 billion bid to acquire Twitter has hit several snags since April but is on the verge of a breakthrough.

RBI allows linking of credit cards with UPI: Details here

08 Jun 2022

Shaktikanta Das
RBI allows linking of credit cards with UPI: Details here

UPI or Unified Payment Interface transactions have made life simpler for Indians. It is about to get even simpler, as the Reserve Bank of India (RBI) has allowed linking credit cards to UPI network.

Sensex closes at 54,892 points, Nifty barely holds 16,350 mark

08 Jun 2022

Stock Market
Sensex closes at 54,892 points, Nifty barely holds 16,350 mark

On Wednesday, the Indian equity benchmarks extended their fall for the fourth straight session after RBI hiked its key lending rate.

Bored at work, Netflix engineer quits Rs. 3.5 crore job

08 Jun 2022

Netflix
Bored at work, Netflix engineer quits Rs. 3.5 crore job

We all have heard the expression "a bird in a gilded cage," but Netflix's former Senior Software Engineer Michael Lin lived through the same.

RBI hikes repo rate by 50 bps; EMIs get costlier
RBI hikes repo rate by 50 bps; EMIs get costlier

The Reserve Bank of India (RBI) on Wednesday increased the repo rate by 50 basis points (bps) to 4.90% and the inflation projection for the current fiscal to 6.7%.

ICICI Bank FD interest rates hiked: Check latest rates

07 Jun 2022

ICICI Bank
ICICI Bank FD interest rates hiked: Check latest rates

ICICI Bank, India's second-largest private bank, has reportedly raised the interest rates on its fixed deposits (FD) once again with effect from Tuesday (June 7).

Physics Wallah raises $100 million; becomes India's 101st unicorn

07 Jun 2022

EdTech
Physics Wallah raises $100 million; becomes India's 101st unicorn

Noida-based ed-tech start-up Physics Wallah has joined the coveted unicorn club in India.

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