Business News

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31 Mar 2023

Elon Musk

After tequila, Tesla launches GigaBier: How you can get some

Elon Musk has had some strange ideas over the years. Some of them may have sounded like jokes, but eventually, they became a reality.

31 Mar 2023

Stock Market

Sensex gains over 1,000 points, Nifty settles above 17,300 points

The stock market on Friday closed in the hands of the bull. The benchmark Sensex and Nifty indices witnessed an upward trend.

31 Mar 2023

Richard Branson

Virgin Orbit's turbulent times: What led to the shutdown 

Virgin Orbit, the Richard Branson-owned satellite company that almost launched Western Europe's first orbital satellite, is shutting down operations "for the foreseeable future."

31 Mar 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has lost 1.46% in the last 24 hours, trading at $28,200.02. It is up 0.02% from last week.

Top 100 companies must verify rumors, says SEBI: Here's why 

The Securities and Exchange Board of India (SEBI) does not want India's top companies to keep quiet when rumors are going around about them.

30 Mar 2023

Unacademy

Unacademy's never-ending struggles: Multiple rounds of layoffs to no appraisals 

Layoffs have become common in the edtech sector, as companies are still figuring out their way in a world where people are not confined to their homes.

30 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, XRP, Dogecoin

Bitcoin has climbed 3.77% in the past 24 hours to trade at $28,621.16. Compared to last week, it is up by 4.59%.

29 Mar 2023

Inflation

Average salary increments may drop to 9.1% in 2023: Study

Average salary increments in India are expected to drop to 9.1% in 2023 from 9.4% in 2022 across almost all sectors, according to the debut edition of Deloitte India Talent Outlook 2023 released on Wednesday.

29 Mar 2023

Sensex

Sensex climbs 346 points, Nifty settles near 17,100 mark

On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.6% to 57,960.09 points while the Nifty climbed 0.76% to 17,080.7 points.

29 Mar 2023

Meta

After two massive layoff rounds, Meta now lowers staff bonuses

Meta terminated the services of 10,000 employees earlier this month. Now, Facebook's parent company has decided to reduce bonus payouts to certain staff and conduct employee performance assessments more frequently.

Interchange fee on UPI: How this will affect you

A new National Payments Corporation of India (NPCI) announcement has UPI users running in confusion.

29 Mar 2023

Adani Group

Adani Group's debt crisis: How real it is 

Adani Group companies are back in a pickle. The excitement surrounding GQG Partners' $1.9 billion fund infusion into the conglomerate seems to have died down.

29 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana

Bitcoin has climbed 2.5% over the last 24 hours, trading at $27,642.34. It is 2.2% lower than the previous week.

28 Mar 2023

Income Tax Return

10 income tax rule changes from April 1: Know here 

The new financial year 2023-24, which starts on Saturday (April 1), will see the Ministry of Finance bring about many changes to the income tax rules.

28 Mar 2023

Microsoft

Microsoft-owned GitHub lays off entire engineering team in India

GitHub, the popular software development company owned by Microsoft, has laid off the entire engineering team in India.

28 Mar 2023

Elon Musk

5 CEOs who felt the brunt of Elon Musk's trolling

Elon Musk is known for many things: his riches, Twitter, Tesla, SpaceX, etc. He has also built a reputation for not holding back when speaking about someone or something.

28 Mar 2023

Stock Market

Sensex falls 40 points, Nifty settles above the 16,950 mark

On Tuesday, the benchmark Sensex and Nifty indices witnessed a downward trend. The Sensex lost 0.07%, to settle at 57,613.72 points, whereas the Nifty shed 0.20% to 16,951.70 points.

28 Mar 2023

Paytm

Paytm Wallet now acceptable on all UPI QRs, online merchants

The National Payments Corporation of India (NPCI) announced wallet interoperability guidelines on Friday (March 24), paving the way for significantly improving the importance of wallets.

Goldman Sachs warns AI could wipe out 70% of jobs

We are officially in the age of artificial intelligence (AI). The revolution started by ChatGPT is spreading like wildfire and is rapidly engulfing different fields.

28 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Here are rates of Bitcoin, Ethereum, XRP

Bitcoin has dropped 3.39% in the past 24 hours to trade at $26,964.10. Compared to last week, it is 3.36% down.

27 Mar 2023

Reliance Jio

Jio launches JioFiber Backup plan at Rs. 198: Check benefits

Reliance Jio has launched a new plan, dubbed JioFiber Backup plan. The telco has released the broadband plan with the view of attracting customers as the IPL 2023 season is around the corner.

RBI may pause interest hikes, keep 6.5% terminal repo rate

The Reserve Bank of India (RBI) is likely to pause interest rate hikes in the next Monetary Policy Committee (MPC) meeting in April, said State Bank of India (SBI) Research, per ANI.

27 Mar 2023

Reliance Industries

Reliance does a Jio on FMCG: Aggressive pricing, disruptive products

Mukesh Ambani's Reliance is an expert at triggering price wars. What started with the telecom sector has now entered the personal and home care segment of FMCG.

27 Mar 2023

Stock Market

Sensex climbs to 57,654 points, Nifty settles at 16,985 mark

On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.22% to 57,653.86 points while the Nifty climbed 0.24% to 16,985.7 points.

IPO withdrawal rumors are 'unfounded' and 'baseless': Mamaearth's CEO

Indian skincare company Mamaearth has dismissed rumors about its IPO withdrawal. Varun Alagh, the company's CEO, called the reports claiming Mamaearth's decision to postpone its IPO "baseless" and "unfounded."

27 Mar 2023

Reliance Jio

Are Jio's cricket plans better than Airtel's 3GB/day prepaid packs

Reliance Jio has announced its cricket plans in India, ahead of the TATA IPL 2023. Starting from Rs. 219, the packs offer 3GB of daily data, along with additional perks.

27 Mar 2023

Startups

Crisis-hit Silicon Valley Bank acquired by First Citizens bank

The crash of Silicon Valley Bank (SVB) had sent shockwaves across the world. In the latest development, First Citizens Bank has agreed to buy the embattled start-up lender.

27 Mar 2023

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, XRP, Polygon

Bitcoin has climbed 1.34% in the past 24 hours, trading at $27,874.66. It is 1.37% higher than last week.

26 Mar 2023

Reliance Jio

Jio's 2.5GB daily data prepaid plans: Check benefits, OTT perks

Reliance Jio is the biggest player in India's telecom market right now.

26 Mar 2023

Elon Musk

Musk offers equity grants to Twitter employees at $20bn valuation

Twitter CEO Elon Musk is reportedly offering employees stock grants at a valuation of roughly $20 billion.

25 Mar 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has slipped by 2.51% in the past 24 hours to now trade at $27,551.78. It is 0.30% higher than the week before.

25 Mar 2023

Reliance Jio

These Reliance Jio prepaid plans offer 3GB of data daily

Reliance Jio is the biggest telecom operator in the Indian market and has become so quickly.

24 Mar 2023

Bharti Airtel

Airtel 5G is now available in 500 cities: Check coverage

Bharti Airtel has launched its 5G services in more cities across India, taking the total to 500. The telco claims its 5G network is now available in every major city in India.

24 Mar 2023

BharatPe

Why are BharatPe founders now suing Ashneer Grover

BharatPe founders are not done throwing lawsuits at Ashneer Grover, who had a bitter exit from the fintech major. In January this year, BharatePe co-founder Bhavik Koladiya took Grover to court.

24 Mar 2023

Stock Market

Sensex falls 398 points, Nifty settles below 16,950 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.69% to 57,527.1 points, while the Nifty fell 0.78% to 16,945.05 points.

24 Mar 2023

BYJU'S

Why is BYJU'S raising $250 million at a lower valuation

BYJU'S, the world's most valuable edtech company, is in the advanced stages of raising $250 million. Earlier when the company raised the same amount, it was valued at $22 billion.

24 Mar 2023

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, XRP, BNB

Bitcoin has climbed 3.08% over the last 24 hours, trading at $28,237.90. It is 9.47% higher than the previous week.

24 Mar 2023

Jack Dorsey

How Jack Dorsey lost over $500mn after latest Hindenburg report 

Hindenburg Research, whose report battered the shares of Indian conglomerate Adani Group, has found a new target: Jack Dorsey's Block.

24 Mar 2023

Cryptocurrency

These celebs invested in cryptos, and are now in trouble

In 2021, crypto's bullish run attracted several celebrities and top athletes. However, crypto's fall the following year led to many of them finding themselves under the scanner of the law.

23 Mar 2023

Technology

Tech layoffs continue: Accenture to axe 19,000 employees

Irish IT services firm Accenture has announced its plans to cut 19,000 jobs. This would be one of the biggest rounds of tech layoffs in the past few months.