Business News

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01 Sep 2023

Jet Airways

ED arrests Jet Airways founder Naresh Goyal in fraud case  

The Enforcement Directorate arrested Jet Airways founder Naresh Goyal on Friday in the Canara Bank fraud case.

01 Sep 2023

Reliance Retail

Mukesh Ambani-backed Reliance Retail Ventures eyes $2.5 billion fundraiser

Reliance Retail Ventures, owned by Mukesh Ambani, is reportedly in advanced talks to raise $2.5 billion by September end, for a possible stock market listing.

01 Sep 2023

GST

August GST revenues soar 11% YoY to Rs. 1.6L crore

The Goods and Services Tax (GST) revenues for August 2023 in India have hit approximately Rs. 1.6 lakh crore. This marks a year-on-year (YoY) growth of roughly 11%.

01 Sep 2023

Stock Market

Sensex soars 556 points, Nifty settles near 19,440 mark

On Friday, the benchmark Sensex and Nifty indices saw gains.

01 Sep 2023

India

Rs. 2,000 note exchange, free Aadhaar update: Know key deadlines

The personal finance landscape in India is set to undergo a series of changes this month.

01 Sep 2023

India

Air travel to get costlier as jet fuel prices soar

Air travel in India may become more expensive due to a 14% hike in jet fuel prices, effective today.

01 Sep 2023

Cryptocurrency

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

Bitcoin has shed 4.39% over the last 24 hours and is currently trading at $26,034.76. It is 0.02% lower than the previous week.

01 Sep 2023

Stock Market

Jio Financial Services removed from BSE indices: What happens next

Jio Financial Services Limited (JFSL) has been removed from the BSE indices, including Sensex.

31 Aug 2023

Startups

Y Combinator removes Indian start-up from S23 batch over irregularities

Y Combinator, a leading start-up accelerator, has removed Indian healthcare start-up Medobed from its Summer 2023 (S23) batch.

31 Aug 2023

Zee

NCLAT accepts IDBI Bank's insolvency plea against ZEEL

The National Company Law Appellate Tribunal (NCLAT) has admitted IDBI Bank's plea to start insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL).

31 Aug 2023

Stock Market

Sensex slips over 250 points, Nifty settles above 19,250 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed an overall downward trend.

31 Aug 2023

Switzerland

UBS to axe 3,000 employees as it integrates Credit Suisse

UBS Group will eliminate 3,000 jobs in Switzerland over the next couple of years.

31 Aug 2023

Adani Group

Hindenburg reacts to OCCRP allegations against Adani, says 'loop closed'

US-based short-seller Hindenburg has reacted to the fresh claims against Adani Group, made by the Organized Crime and Corruption Reporting Project (OCCRP), saying, "Finally, the loop is closed."

31 Aug 2023

Cryptocurrency

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

Bitcoin has lost 0.72% in the last 24 hours and is currently trading at $27,251.65. It is 2.98% up compared to last week.

31 Aug 2023

Adani Group

Adani Group secretly invested millions in own stocks: Soros-funded OCCRP 

Billionaire George Soros-funded Organized Crime and Corruption Reporting Project (OCCRP) has claimed that millions of dollars were invested in certain publicly traded stocks of Adani Group, via 'opaque' Mauritius funds.

30 Aug 2023

Government of India

PLI scheme extended till 2028, Tata Motors and Mahindra benefit

The Indian government has extended the production-linked incentive (PLI) scheme for the automotive sector by one more year, until March 2028.

30 Aug 2023

Stock Market

Sensex and Nifty close flat, mid-cap indices show bullish signals

The stock market on Wednesday ended on a sluggish note. The benchmark Sensex settled at 65,087.25 points, while Nifty closed at 19,347.45 points, both up 0.02%.

30 Aug 2023

BYJU'S

BYJU'S woes continue as WhiteHat Jr CEO Ananya Tripathi resigns 

The CEO of WhiteHat Jr (a subsidiary of BYJU'S), Ananya Tripathi, has submitted her resignation.

30 Aug 2023

Stock Market

JFSL shares surge for 2nd straight session amid promoter purchases

Reliance Industries-owned Jio Financial Services Limited (JFSL) shares surged for the second consecutive session on Wednesday.

30 Aug 2023

PhonePe

PhonePe forays into stock broking business, launches Share.Market app

PhonePe, a Walmart-backed payment app, has launched Share.Market. The new platform allows users to open trading accounts and invest in mutual funds, stocks, and exchange-traded funds (ETFs).

30 Aug 2023

OpenAI

ChatGPT to skyrocket OpenAI's sales to $1 billion soon

OpenAI, the world's leading artificial intelligence provider, is on track to reach an impressive $1 billion in annual revenue. This is thanks to the widespread adoption of its ChatGPT technology by consumers and businesses worldwide.

30 Aug 2023

Cryptocurrency

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

Bitcoin has climbed 5.49% in the past 24 hours to currently trade at $27,465.99. Compared to last week, it is up by 5.50%.

29 Aug 2023

Amazon

Amazon acquires CLI start-up Fig to boost generative AI efforts

Amazon has acquired Fig, a start-up focused on improving the command line interface (CLI) experience for developers through tools like "autocomplete."

29 Aug 2023

Ashneer Grover

Ahead of Asia Cup, CrickPe launches paid subscription service

CrickPe, a cricket-focused fantasy sports app by Ashneer Grover's Third Unicorn, has introduced CrickPe Pro, a paid subscription service with no platform fees.

29 Aug 2023

Stock Market

Sensex closes at 65,075 points, Nifty settles above 19,340 mark

On Tuesday, major indices of the stock market ended slightly higher.

29 Aug 2023

Adani Group

SEBI's status report on Adani-Hindenburg: Supreme Court delays hearing

The Supreme Court of India has delayed the hearing on the Securities and Exchange Board of India's (SEBI) status report in the Adani-Hindenburg case.

FirstCry founder under IT scanner over alleged $50mn tax evasion

Supam Maheshwari, founder of FirstCry, Globalbees Brands, and Xpressbees, is facing an investigation by the Income Tax Department of India for allegedly evading over $50 million in taxes.

29 Aug 2023

Electric Vehicles

EV-maker VinFast's valuation touches $191 billion as shares surge 700%

Vietnamese electric vehicle (EV) manufacturer VinFast has seen a remarkable surge in market value, reaching $191 billion.

29 Aug 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Solana

Bitcoin has climbed 0.12% in the past 24 hours, trading at $26,043.57. It is 0.10% higher than last week.

29 Aug 2023

BYJU'S

BYJU'S hit with more resignations: Three senior executives quit

Edtech start-up BYJU'S has seen the resignation of three senior executives as the company goes through a challenging phase.

28 Aug 2023

Reliance Industries

Reliance Jio to complete 5G network rollout by December

Reliance Industries Chairman Mukesh Ambani has announced that Jio's 5G network is set to achieve nationwide coverage by December this year.

28 Aug 2023

Stock Market

Sensex gains 110 points, Nifty settles above 19,300 mark

On Monday, the benchmark Sensex and Nifty indices showed an upward trend.

28 Aug 2023

Reliance Industries

Nita Ambani resigns from Reliance board; Ambani siblings proposed directors

Reliance Industries Ltd. (RIL) has announced a significant change in its board, with Nita Ambani stepping down.

28 Aug 2023

Reliance Industries

Reliance Industries AGM 2023: Mukesh Ambani makes key announcements

Reliance Industries Limited (RIL) chairman Mukesh Ambani is addressing the company's shareholders as part of its 46th Annual General Meeting (AGM).

28 Aug 2023

Go First

Go First won't resume flights till August 31

Go First has announced that it will extend flight cancelations until August 31, 2023, due to ongoing operational issues.

28 Aug 2023

Bitcoin

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Polygon

Bitcoin has shed 0.36% over the last 24 hours, trading at $25,934.31. It is 0.54% lower than the previous week.

28 Aug 2023

China

China Evergrande Group's m-cap falls $2.4bn as shares tank 87%

China Evergrande Group is back in the equity market after filing for bankruptcy protection in the US. However, its comeback didn't go as planned.

28 Aug 2023

Reliance Industries

Reliance's much anticipated AGM starts 2pm today: What to expect

Investors and market observers eagerly await the Reliance Annual General Meeting (AGM) 2023.

27 Aug 2023

China

China's industrial profits plunge for seventh month; weak demand blamed

China's industrial profits fell 6.7% in July compared to the previous year, marking the seventh consecutive month of declining earnings.

27 Aug 2023

Cryptocurrency

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

Bitcoin has tumbled 0.13% in the past 24 hours and is currently trading at $26,024.26. It is 0.37% lower than the week before.