Business News

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24 Apr 2023

Startups

Zilingo's ex-CEO Ankiti Bose files $100M defamation suit: Here's why

The tale of Singapore-based fashion start-up Zilingo and its India-born co-founder Ankiti Bose is one of caution. From being valued at $1 billion to liquidation, the start-up's fall was swift.

24 Apr 2023

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has surged 0.36% in the past 24 hours to trade at $27,711.92. It is 7.55% down compared to last week.

23 Apr 2023

Cryptocurrency

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

Bitcoin has surged 0.93% in the past 24 hours to trade at $27,587.81. It is 9.04% down compared to last week.

22 Apr 2023

Sundar Pichai

Alphabet CEO Sundar Pichai receives hike, pay soars to $226mn

The CEO of Alphabet Inc. Sundar Pichai is now one of the world's highest-paid corporate leaders.

22 Apr 2023

India

Webchutney co-founder Sidharth Rao no more, dies at 43

Sidharth Rao, a co-founder of one of India's first and most famous digital advertising agencies, Webchutney, and Punt Partners, a mar-tech business, is no more.

22 Apr 2023

Cryptocurrency

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

Bitcoin has lost 3.17% of its value in the last 24 hours and is now trading at $27,356.25. It is down 10.04% from last week.

21 Apr 2023

Stock Market

Sensex closes flat, Nifty retains the 17,600 mark

On Friday, major indices of the stock market ended flat with the Sensex settling at 59,655.06 points and the Nifty closing at 17,624.05 points.

21 Apr 2023

Pulitzer Prize

BuzzFeed News shuttered: Here are 5 reasons why it failed

BuzzFeed News, the eponymous news division of BuzzFeed Inc, is being shut down. The Pulitzer Prize-winning news website was critical in shaping the internet media landscape of the 2010s.

21 Apr 2023

Cryptocurrency

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

Bitcoin has slipped 2.25% in the last 24 hours and is currently trading at $28,239.12. Compared to last week, it is 8.1% down.

20 Apr 2023

Sensex

Sensex ends above 59,600 mark, Nifty closes flat at 17,624

On Thursday, major indices of the stock market ended flat with the Sensex settling at 59,632.35 points. The Nifty closed 0.03% in the green at 17,624.45 points.

20 Apr 2023

Koo

Twitter-rival Koo lays off 30% of employees: Here's why

Tech companies around the world are now chasing efficiency. Twitter-rival Koo is in the same boat.

20 Apr 2023

Cryptocurrency

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

Bitcoin has dropped by 4.27% in the past 24 hours to trade at $28,899.65. It is 3.94% lower than the week before.

20 Apr 2023

Apple

Apple Saket opens as company's second retail store in India

Apple has inaugurated its second brick-and-mortar store in the country, called Apple Saket. The company's CEO, Tim Cook, inaugurated the new store in Delhi. It will operate on all days between 10:00am to 11:00pm.

19 Apr 2023

Apple

Apple Saket previewed: Here's what the store looks like

India is caught in the Apple Store frenzy. The company's first-ever retail store in the country was opened in Mumbai yesterday.

How India's stock market lost 5mn traders in 9 months

The pandemic-induced remote work was a blessing for many. Several Indians, especially the youth, took this chance to try their luck in the stock market.

Disney to fire 4,000 employees in second round: Here's why

Entertainment giant The Walt Disney Company is set to join the group of companies that laid off employees twice amid economic uncertainties.

19 Apr 2023

Sensex

Sensex slips nearly 160 points, Nifty barely retains 17,600 mark

On Wednesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.27% to 59,567.8 points, the Nifty fell 0.23% to 17,618.75 points.

19 Apr 2023

Mukesh Ambani

Mukesh Ambani's 66th birthday: A look at his entrepreneurial journey

Mukesh Ambani, the richest man in India and Asia, is celebrating his 66th birthday today. The chairman of Reliance Industries (RIL) was born on April 19, 1957, in Yemen.

19 Apr 2023

Meta

Meta's efficiency drive may see another 4,000 employees getting fired 

Social media giant Meta is set to begin a new round of layoffs today. The job cuts are part of Mark Zuckerberg's quest to make 2023 the "year of efficiency," one that involves a broader restructuring of the organization.

19 Apr 2023

Cryptocurrency

Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, XRP, Tether

Bitcoin has climbed 2.47% in the past 24 hours, trading at $30,234.06. It is 0.84% higher than last week.

18 Apr 2023

India

Hurun Unicorn Index 2023: How India fares against US, China

The number of unicorns a country has produced is a testament to that country's robust start-up ecosystem. India has done pretty well in the department over the years.

18 Apr 2023

Stock Market

Sensex plunges 174 points, Nifty settles below 17,700 mark

On Tuesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.31% to 59,727.01 points, the Nifty fell 0.26% to 17,660.15 points.

EY to axe 3,000 employees in the US: Here's why

Economic uncertainties have affected consultancy companies around the world. Accounting giant Ernst & Young (EY) has now announced its decision to fire around 5% of its workforce in the US.

18 Apr 2023

Cryptocurrency

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

Bitcoin has lost 1.51% in the last 24 hours, trading at $29,552.08. It is down 1.86% from last week.

18 Apr 2023

Apple

Apple BKC, India's first-ever Apple store, opens in Mumbai

Apple has launched its first-ever retail store in India in Mumbai. The company's new brick-and-mortar store, dubbed Apple BKC, is located at the Jio World Drive Mall in the Bandra Kurla Complex (BKC).

17 Apr 2023

Google

Google withdraws SC appeal against NCLAT order: Here's why

The Supreme Court of India was supposed to hear Google's appeal against a National Company Law Appellate Tribunal (NCLAT) order today.

17 Apr 2023

Netflix

5 times when Netflix proved being down isn't being out 

Netflix is the biggest video streaming platform in the world. It wasn't always, though. Before it became the streaming giant it is now, the company had to go through its share of troubles.

17 Apr 2023

Stock Market

Sensex slips 522 points, Nifty settles above 17,700 mark

On Monday, the benchmark Sensex and Nifty indices witnessed a downward trend. While the Sensex plunged 0.87% to 59,909.23 points, the Nifty fell 0.68% to 17,706.85 points.

17 Apr 2023

Infosys

Infosys shares nosedive nearly 15%: Here's why

Infosys, India's second-largest IT firm, recently announced its quarterly results. The company's performance in the fourth quarter of FY23 was underwhelming at best.

17 Apr 2023

Cryptocurrency

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

Bitcoin has lost 1.09% in the last 24 hours, trading at $29,974.36. It is up 5.99% compared to last week.

16 Apr 2023

Cryptocurrency

Today's cryptocurrency prices: Check Bitcoin, Dogecoin, Tether, and Ethereum rates

Bitcoin has lost 0.20% of its value in the last 24 hours and is now trading at $30,352.65. It is up 8.13% from last week.

15 Apr 2023

Cryptocurrency

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

Bitcoin has lost 1.07% in the last 24 hours, trading at $30,405.09. It is 8.54% up compared to last week.

14 Apr 2023

Cryptocurrency

Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, XRP

Bitcoin has climbed 2.14% in the past 24 hours to trade at $30,731.18. Compared to last week, it is up 9.50%.

13 Apr 2023

India

India Inc.'s Q4 revenue growth to decline: Here's why

Companies have started reporting their Q4 FY23 results, and they have not been very positive so far.

13 Apr 2023

Sensex

Sensex closes at 60,431 points, Nifty settles over 17,800 mark

On Thursday, major indices of the stock market ended in the green but flat with the Sensex settling at 60,431 points and the Nifty closing at 17,828 points.

13 Apr 2023

Apple

Apple is reducing its manufacturing reliance on China: Here's how

Apple has had an unusually positive relationship with China compared to other US tech giants. However, the company is now looking beyond the dragon.

13 Apr 2023

Google

Google staring at another round of layoffs: Here's why 

The last few months have seen mass layoffs becoming a common occurrence. Some of the biggest tech companies in the world have been hit by the layoff season.

13 Apr 2023

Cryptocurrency

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

Bitcoin has climbed 0.34% over the last 24 hours, trading at $30,084.22. It is 7.08% higher than the previous week.

12 Apr 2023

United Sates

US: Indian-origin executives convicted on $1 billion corporate fraud charges

A federal jury in the United States convicted two Indian-origin executives of Outcome Health, a Chicago-based start-up, of running a $1 billion corporate fraud scheme that targeted clients, lenders, and investors.

TCS Q4 results: Profit jumps 14.8% to Rs. 11,392 crore

Tata Consultancy Services (TCS) has announced its financial results for the current fiscal year's fourth quarter.