Business News | Page 4
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
23 Dec 2022
Stock MarketSensex plunges 981 points, Nifty settles around 17,800 mark
The stock market on Friday closed on a bearish note as the Sensex fell 980.93 points to 59,845.29 points, while the Nifty shed 320.55 points to 17,806.8 points.
23 Dec 2022
TeslaElon Musk pledges to not sell more Tesla shares
In a respite to Tesla shareholders, Elon Musk has announced that he will not be selling more shares in Tesla. Speaking in a Twitter Spaces call, the Tesla and Twitter CEO said that he would not sell Tesla stock for at least two years.
23 Dec 2022
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Cardano, Polygon
Bitcoin has surged 0.1% in the past 24 hours to trade at $16,834.22. It is 2.9% down compared to last week.
23 Dec 2022
PaytmNo more cash burn at Paytm: CEO Vijay Shekhar Sharma
Paytm is done with cash burn in the business, said CEO Vijay Shekhar Sharma. Speaking at Business Standard BFSI Insight Summit event, he added that the company is already making great strides in controlling spending.
22 Dec 2022
Reliance JioJio 5G now live in Kochi: Here's how to access
Reliance Jio has released its True 5G services in Kerala. The next-generation network is now live in Kochi and in the Guruvayur temple area.
22 Dec 2022
Stock MarketSensex falls 241 points, Nifty settles below 18,130 mark
On Thursday, major indices of the stock market ended in red with the Sensex settling at 60,826.22 points and the Nifty closing at 18,127.35 points.
22 Dec 2022
MetaYear in review: Meta's highs and lows in 2022
With 2023 fast approaching, it is a good time to take a step back and look at how our favorite companies fared this year.
22 Dec 2022
Reliance JioReliance Jio, Airtel, and Vi to increase tariffs by 10%
You may soon have higher mobile bills as leading telcos in India are expected to hike the prices of their mobile plans.
22 Dec 2022
TeslaTesla to apply brakes on hiring, layoff employees next quarter
Tesla, the world's most valued car company, has been struggling in the stock market throughout the year. Now, the company seems to be going through something more than a share price freefall.
22 Dec 2022
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Polygon, BNB
Bitcoin has moved up 0.2% in the past 24 hours to trade at $16,845.68. It is 5.4% down compared to last week.
21 Dec 2022
Bharti AirtelAirtel rolls out its 5G services in Ahmedabad, Gandhinagar, Imphal
Bharti Airtel has launched its 5G services in regions across Imphal, Ahmedabad, and Gandhinagar.
21 Dec 2022
CryptocurrencyRBI Governor warns cryptocurrency will cause next financial crisis
The Reserve Bank of India (RBI) and its Governor Shaktikanta Das has never been big a fan of cryptocurrency. On Wednesday, Das reiterated his stance that crypto should be banned.
21 Dec 2022
Stock MarketSensex plunges 635 points, Nifty settles below 18,200 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 1.04% to 61,067.24 points, while the Nifty fell 1.02% to 18,199.1 points.
21 Dec 2022
Elon MuskMusk will resign as Twitter CEO but upon one condition
There is a piece of good news and bad news for Twitter users who voted in favor of Elon Musk stepping down as the company's CEO. The billionaire announced that he will step down as CEO, but upon one condition.
21 Dec 2022
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Tether
Bitcoin has risen 0.2% over the last 24 hours to trade at $16,819.86. It is down 5.4% from last week.
20 Dec 2022
SoftBank GroupSoftBank's investment in India falls 84% to $500mn in 2022
SoftBank Group has been a major contributor to the growth of India's tech start-up scene. The company has, however, cut its investments in the country by a whopping 84% year-over-year in 2022.
20 Dec 2022
Stock MarketSensex slips 104 points, Nifty settles below 18,400 mark
On Tuesday, major indices of the stock market ended in red with the Sensex settling at 61,702.29 points and the Nifty closing at 18,385.3 points.
19 Dec 2022
Gautam AdaniGautam Adani is 2022's biggest gainer. What fueled his growth
The year 2022 hasn't been a blockbuster for businesses around the world. Despite that, Indian billionaires have had a stellar year so far.
20 Dec 2022
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, XRP, Tether
Bitcoin has climbed 0.4% over the last 24 hours and is trading at $16,786.17. It is 2.3% lower than the previous week.
19 Dec 2022
Elon MuskTwitterati wants Elon Musk to quit as CEO. Will he?
Elon Musk's seven-week reign as Twitter CEO may come to an unceremonial end soon. The billionaire's attempt to gauge Twitter users' reaction to his stepping down did not end well.
19 Dec 2022
Stock MarketSensex surges 468 points, Nifty ends above 18,400 mark
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.76% to 61,806.19 points while the Nifty climbed 0.82% to 18,420.45 points.
19 Dec 2022
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, Tether
Bitcoin has slipped 0.2% in the past 24 hours to trade at $16,727.32. It is 2.2% lower than the week before.
19 Dec 2022
Elon MuskElon Musk may resign as Twitter CEO, suggests ongoing poll
Elon Musk's reign as 'Chief Twit' may be coming to an end. The billionaire conducted a poll on Twitter, asking users to vote on whether he should "step down as head of Twitter" or not.
18 Dec 2022
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Cardano, Tether
Bitcoin has moved up 0.4% in the past 24 hours and is trading at $16,783.23. It is 2.0% down compared to last week.
17 Dec 2022
TwitterAfter backlash, Elon Musk reinstates suspended Twitter accounts of journalists
Amid outrage over the suspension of the Twitter accounts of some prominent journalists, Elon Musk has decided to reinstate them.
17 Dec 2022
Goldman SachsGoldman Sachs to layoff 4,000 'low performing' employees
Goldman Sachs, one of the leading global investment banking, securities, and investment management firms, is planning to lay off as many as 4,000 employees.
17 Dec 2022
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Solana, Ethereum
Bitcoin has dropped 4.1% in the past 24 hours to trade at $16,688.12. Compared to last week, it is 2.7% down.
17 Dec 2022
StartupsFashion tech start-up Virgio raises $37 million amid funding winter
At a time when the start-up ecosystem is affected by the funding winter, former Myntra CEO Amar Nagaram's fashion start-up Virgio has bagged big money.
16 Dec 2022
Air IndiaAir India announces its first non-stop flight between Mumbai-San Francisco
Air India, now a Tata Group business, has been making moves to return to its lost glory. The airline has now announced its first direct, non-stop flight between Mumbai and San Francisco.
16 Dec 2022
Stock MarketSensex drops to 61,337 points, Nifty settles at 18,269
The Sensex and Nifty indices on Friday showed a downward trend. The Sensex slipped 461.22 points, or 0.75%, to 61,337.81 points. Whereas, the Nifty shed 145.9 points, or 0.8%, to 18,269 points.
16 Dec 2022
Indian GovernmentCentre cuts windfall tax on oil companies amid falling prices
The Indian government has slashed the windfall taxes imposed on domestic crude oil exports, diesel, and Aviation Turbine Fuel (ATF).
16 Dec 2022
CryptocurrencyCryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has shed 1.6% over the last 24 hours, trading at $17,408.69. It is 1.0% higher than the previous week.
16 Dec 2022
Donald TrumpDonald Trump Jr. sees India becoming Trump Organization's biggest market
Donald Trump Jr, the son of former US President Donald Trump and the executive vice president of The Trump Organization, was in India to announce new properties in partnership with real-estate developers Tribeca.
15 Dec 2022
InfosysInfosys' next chairman will be a non-founding member: Nandan Nilekani
Infosys, India's second-largest IT services company, will have a non-founding chairman, said Nandan Nilekani, chairman and co-founder of the firm.
15 Dec 2022
Stock MarketSensex slips to 61,799 points, Nifty settles at 18,414
The Sensex and Nifty indices on Thursday witnessed a slump, ending the three-day winning streak.
15 Dec 2022
CoalIndonesian company becomes world's biggest stock with 1,600% gain
This year has been a tough one for companies around the world. Supply chain issues, a war in Ukraine, rising interest rates, and recession fears have brought many share prices down.
15 Dec 2022
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, BNB, Solana rates
Bitcoin has slipped 0.4% in the past 24 hours to trade at $17,707.43. It is 5.1% higher than the week before.
15 Dec 2022
Elon MuskElon Musk sells Tesla shares again; $3.58bn worth stocks sold
Elon Musk has sold Tesla shares again. Per a US Securities and Exchanges filing, the billionaire parted ways with 22 million shares of the automaker worth $3.58 billion.
14 Dec 2022
EdTechGlobal edtech market will grow despite economic slowdown, says report
The year 2022 has been a mixed one for the global edtech industry.
14 Dec 2022
SpiceJetICAO's revelation sheds light on SpiceJet's cooked-up audit story
Earlier this month, budget carrier SpiceJet claimed that it passed an audit conducted by the International Civil Aviation Organization (ICAO) with flying colors.