Business News
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09 Aug 2023
Mutual FundsSIP inflows cross Rs. 15,000cr for first time in July
The month of July was great for Systematic Investment Plans (SIPs). Inflows via SIPs crossed Rs. 15,000 crore mark for the first time last month.
09 Aug 2023
SensexSensex climbs to 65,995 points, Nifty settles above 19,630 mark
On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.23% to 65,995.81 points while the Nifty gained 0.31% to end at 19,632.55 points.
09 Aug 2023
Tata SonsTata Sons chairman N Chandrasekaran's remuneration rises to Rs. 113cr
Tata Sons chairman N Chandrasekaran saw his remuneration rise to Rs. 113 crore in FY23, including a Rs. 100 crore commission on profit.
09 Aug 2023
AppleApple, Dell, and others seek extension for laptop import restrictions
Apple, HP, Dell and other manufacturers have urged Ministry of Electronics and Information Technology officials to extend import restrictions on laptops, tablets, and personal computers by nine to 12 months.
09 Aug 2023
WeWorkWeWork's future in jeopardy as company faces 'substantial doubts'
Workspace provider WeWork has raised "substantial doubts" about its ability to continue as a going concern, warning of a possible bankruptcy.
09 Aug 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has surged 1.92% in the past 24 hours to trade at $29,747.75. It is 0.25% up compared to last week.
09 Aug 2023
ChinaChina slips into deflation as demand falters across country
China's consumer and producer prices experienced a decline in July, signaling deflationary pressure as demand weakens in the world's second-largest economy.
08 Aug 2023
CryptocurrencyHow Odisha Police busted Rs. 1,000 crore cryptocurrency scam
The Odisha Police has reportedly busted a cryptocurrency investment scam worth Rs. 1,000 crore and arrested two suspects, including the head of Solar Techno Alliance (STA) Crypto Token, Gurtej Singh Sidhu.
08 Aug 2023
Coca-ColaIrene Tan becomes Coca-Cola India's VP of Human Resources
Coca-Cola has appointed Irene Tan as Vice President of Human Resources for India & Southwest Asia.
08 Aug 2023
Mutual FundsRecord-breaking Q1 inflows for Indian mutual funds: Here's what happened
Open-ended mutual funds in India experienced their highest net inflows in four years during the first quarter of FY2024, reaching around Rs. 1.85 lakh crore.
08 Aug 2023
Stock MarketSensex loses 107 points, Nifty settles at 19,570 mark
On Tuesday, the major indices of the stock market ended flat.
08 Aug 2023
BRICSIndia announces BRICS Start-up Forum to foster collaboration
India is set to launch the BRICS Start-up Forum in 2023, aimed at fostering collaboration and knowledge sharing among startups, investors, incubators, and entrepreneurs.
08 Aug 2023
SoftBank GroupSoftBank posts unexpected $3.3bn loss; Vision Fund unit records profit
SoftBank's Vision Fund investment arm reported a gain of just over $1 billion in the June quarter, marking a return to profitability after five quarters.
08 Aug 2023
E-commerceONDC to enter financial services; releases draft specifications
ONDC, or Open Network Digital Commerce, is aimed at transforming India's e-commerce. The government-backed network has already shown glimpses of what it can do in food and grocery delivery, ride-hailing, and more.
08 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has climbed 0.51% in the past 24 hours to trade at $29,222.94. Compared to last week, it is 1.11% up.
08 Aug 2023
E-commercePepperfry co-founder Ambareesh Murty passes away at 51
Pepperfry co-founder Ambareesh Murty (51) tragically passed away from a cardiac arrest in Leh, shocking the business community.
08 Aug 2023
TeslaTesla CFO Zack Kirkhorn steps down after 13-year tenure
Tesla's CFO Zach Kirkhorn has unexpectedly resigned, leaving the electric vehicle manufacturer after 13 years.
07 Aug 2023
TeslaIndian-origin Vaibhav Taneja appointed Tesla's new CFO
American electric automobile maker Tesla on Monday announced the appointment of Vaibhav Taneja, of Indian origin, as its new chief financial officer (CFO).
07 Aug 2023
Stock MarketSensex gains 232 points, Nifty settles near 19,600 mark
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
07 Aug 2023
Unified Payments Interface (UPI)UPI innovation rolled out to make online transactions faster
A new UPI plugin innovation has PhonePe/Google Pay on edge.
07 Aug 2023
Reliance IndustriesReliance AGM 2023 on August 28, exciting 5G announcements await
Reliance Industries is set for its 46th Annual General Meeting (AGM) on August 28, with Chairman Mukesh Ambani expected to share the company's growth and expansion plans.
07 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has climbed by 0.10% over the last 24 hours, trading at $29,083.86. It is 1.07% lower than the previous week.
06 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Tether, Solana
Bitcoin has climbed 0.16% in the past 24 hours to trade at $29,042.78. It is 0.97% lower than last week.
05 Aug 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has tumbled 0.57% in the last 24 hours and is currently trading at $28,997.86. It is down by 1.33% from the previous week.
04 Aug 2023
MetaHow Instagram, Facebook creators are influencing shopping habits of Indians
Meta-owned platforms like Instagram and Facebook are playing a significant role in shaping customers' buying choices, especially during festive seasons like Diwali.
04 Aug 2023
Oil India LimitedOil India gets Maharatna tag, ONGC Videsh upgraded to Navaratna
Oil India has achieved Maharatna status, while ONGC Videsh is now a Navratna company.
04 Aug 2023
State Bank of India (SBI)SBI's profit jumps 178% in Q1 to Rs. 16,884 crore
State Bank of India (SBI) has posted a record net profit for the fourth consecutive quarter, with a 178.24% YoY increase to Rs. 16,884.29 crore in Q1 2023.
04 Aug 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, XRP, BNB
Bitcoin has risen 0.03% over the last 24 hours to trade at $29,144.90. It is down 0.21% from last week.
04 Aug 2023
Stock MarketSensex gains 480 points, Nifty reclaims 19,500 mark
On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
04 Aug 2023
BYJU'SBYJU'S, lenders miss August 3 deadline to rework loan terms
BYJU'S and its lenders missed the August 3 deadline for loan amendment talks, with hopes of a resolution after Byju Raveendran's call with lenders next week.
04 Aug 2023
TechnologyDiscord axes 4% staff in reorganization effort
Discord has laid off around 40 employees, which is about 4% of its workforce, as part of a company reorganization.
04 Aug 2023
NOTHINGNothing's new sub-brand CMF to compete in budget wearable segment
Nothing has introduced a new sub-brand, CMF by Nothing, aimed at offering more affordable, design-led devices, starting with a smartwatch and a set of earphones.
04 Aug 2023
BitcoinRapper Razzlekhan, husband admit to laundering $4.5 billion of Bitcoin
Wife and husband cyber-crime team, Heather Morgan and Ilya Lichtenstein, admitted to money laundering and conspiracy charges after trying to clean $4.5 billion in Bitcoin from a 2016 hack.
04 Aug 2023
Jeff BezosJeff Bezos's $500M yacht: World's largest, has Bezos's girlfriend's sculpture!
On Wednesday, Amazon's founder Jeff Bezos threw an engagement party to celebrate his companionship with fiancée Lauren Sánchez on his awe-inspiring yacht Koru in Italy, reported Page Six.
04 Aug 2023
AppleIndia presents 'huge opportunity' for Apple: CEO Tim Cook
Apple CEO Tim Cook sees India as a "huge opportunity" for growth. With sales rising to $6 billion in FY23 from $4 billion in FY22, Apple is capitalizing on India's premiumization trend.
04 Aug 2023
TeslaTesla discusses India entry plans with Commerce Minister Piyush Goyal
Tesla executives recently met with India's Commerce Minister Piyush Goyal in Delhi to discuss plans for a manufacturing plant in India.
03 Aug 2023
EmploymentIndia's construction sector to create 100 million jobs by 2030
India's construction sector is projected to create 100 million jobs by 2030, up from 70.6 million today, according to a Knight Frank and RICS India report.
03 Aug 2023
ZomatoAfter years of losses, Zomato posts profit for first time
Zomato, India's online food delivery giant, has achieved its first-ever quarterly profit in Q1 2023, reporting a net profit of Rs. 2 crore.
03 Aug 2023
XFrance's AFP sues X over reusing news content
Agence France-Presse (AFP) is suing X, previously known as Twitter, for copyright infringement.
03 Aug 2023
SensexSensex drops over 540 points, Nifty closes below 19,400 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 542.1 points, or 0.83%, to 65,240.68 points, the Nifty shed 144.9 points, or 0.75%, to 19,381.65 points.
