Business News
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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.
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.
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%.
Sensex soars 556 points, Nifty settles near 19,440 mark
On Friday, the benchmark Sensex and Nifty indices saw gains.
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.
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.
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.
Jio Financial Services removed from BSE indices: What happens next
Jio Financial Services Limited (JFSL) has been removed from the BSE indices, including Sensex.
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.
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).
Sensex slips over 250 points, Nifty settles above 19,250 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed an overall downward trend.
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.
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."
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.
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.
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.
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%.
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.
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.
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).
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.
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%.
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."
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.
Sensex closes at 65,075 points, Nifty settles above 19,340 mark
On Tuesday, major indices of the stock market ended slightly higher.
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.
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.
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.
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.
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.
Sensex gains 110 points, Nifty settles above 19,300 mark
On Monday, the benchmark Sensex and Nifty indices showed an upward trend.
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.
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).
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.
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.
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.
Reliance's much anticipated AGM starts 2pm today: What to expect
Investors and market observers eagerly await the Reliance Annual General Meeting (AGM) 2023.
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.
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.