Business News
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15 Sep 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Shiba Inu
Bitcoin has climbed 1.37% in the past 24 hours to trade at $26,620.79. Compared to last week, it is 1.15% up.
15 Sep 2023
NiftySensex, Nifty touch new all-time driven by Bank Nifty
Amidst a backdrop of optimistic global cues, the benchmark equity indices have commenced the trading session on a positive note.
15 Sep 2023
Tata Motors LtdTata Motors to launch EV-focused dealerships in India
Tata Motors is set to revolutionize India's electric vehicle (EV) market with the launch of exclusive dealerships under the 'Tata.ev' brand and a big investment in battery models, per Bloomberg.
14 Sep 2023
State Bank of India (SBI)Former SBI chief Rajnish Kumar joins Mastercard India as Chairman
Former Chairman of the State Bank of India (SBI), Rajnish Kumar, has been appointed as the Chairman of Mastercard India, according to an announcement made by Mastercard today.
14 Sep 2023
Oil India LimitedOil India plans Rs. 25,000cr investment in renewable energy
State-run Oil India is planning to invest Rs. 25,000 crore in renewable energy to achieve its net-zero emissions goal by 2040, as per Chairman and Managing Director, Ranjit Rath.
14 Sep 2023
Stock MarketSensex settles at 67,519 points, Nifty ends above 20,100
On Thursday, the stock market closed on a positive note.
14 Sep 2023
Stock MarketLVMH-owned 'world's oldest start-up' files for IPO in US
German footwear brand Birkenstock has filed for an initial public offering (IPO) in the US.
14 Sep 2023
TataThis stock earned Rekha Jhunjhunwala Rs. 1,390cr in 1 month
Rekha Jhunjhunwala, wife of late ace investor Rakesh Jhunjhunwala, has earned a staggering Rs. 1,390 crore in just one month from her investment in Titan Company Ltd, a Tata group company.
14 Sep 2023
SensexNifty, Sensex reach all-time highs: What's driving the rally
The Indian stock market is on a roll as benchmark indices, the Sensex and the Nifty, continue to defy mixed global cues and surge to fresh record highs.
14 Sep 2023
GoogleGoogle's antitrust trial in US: Key takeaways from Day 2
During the second day of the antitrust case against Google, the US Department of Justice (DOJ) continued its push to challenge the company's dominance in the search engine market.
14 Sep 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, BNB
Bitcoin has risen 1.20% in the past 24 hours to trade at $26,237.84. It is 1.75% up compared to last week.
14 Sep 2023
SoftBank GroupSoftBank's Arm hits $54.5 billion valuation in 2023's biggest IPO
Chip designer Arm Holdings has achieved a $54.5 billion valuation in its initial public offering (IPO) in the US, making it the biggest IPO of 2023.
14 Sep 2023
Unified Payments Interface (UPI)UPI transactions may increase 50% year-on-year going ahead: NCPI
Unified Payment Interface (UPI) transactions are anticipated to grow over 50% year-on-year (YoY), according to Praveena Rai, Chief Operating Officer of National Payments Corporation of India (NPCI).
13 Sep 2023
Warren BuffettWarren Buffett surpasses Larry Page, becomes world's 6th richest person
Berkshire Hathaway CEO Warren Buffett has overtaken Google co-founder Larry Page in the Bloomberg Billionaires Index, with a net worth of $123 billion.
13 Sep 2023
TeslaTesla to procure components worth $1.9bn from India: Piyush Goyal
Union Minister of Commerce and Industry, Piyush Goyal, has announced that Tesla is set to procure components worth $1.7-$1.9 billion from India.
13 Sep 2023
FashionAfter Zara, H&M to sell second-hand clothes: Here's why
Fast fashion giant H&M is set to debut its second-hand clothing and accessories collection, "PRE-LOVED," at its flagship store in London, United Kingdom on October 5.
13 Sep 2023
Reliance RetailReliance Retail eyes whopping $1.5bn investment from Gulf, Singapore funds
Reliance Retail, India's largest retailer led by the country's wealthiest individual, Mukesh Ambani, is currently engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, reported Reuters.
13 Sep 2023
ChinaChina flags security concerns with iPhones amid reports of ban
China's foreign ministry has denied reports of a ban on international brand handsets, including Apple's iPhones, but acknowledged "security incidents related to Apple's phones," reported both Bloomberg and Reuters.
13 Sep 2023
Stock MarketSensex climbs over 240 points, Nifty settles above 20,000 mark
On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.37% to 67,466.99 points while the Nifty gained 0.38% to end at 20,070 points.
13 Sep 2023
TelegramTelegram's self-custodial crypto wallet is now available
Telegram has teamed up with the TON Foundation to introduce TON Space, a self-custodial cryptocurrency wallet for its approximately 800 million users.
13 Sep 2023
GoogleGoogle's antitrust trial in US: Key takeaways from Day 1
The highly anticipated antitrust case against tech giant Google is officially underway in Washington, DC, with the US Department of Justice (DOJ) alleging that Google engaged in anticompetitive practices to maintain its dominant position in the search engine market.
13 Sep 2023
IndiaNew 20% TCS to affect international travelers starting next month
Starting October 1 this year, international travelers will face a tax collected at source (TCS) of 20% on transactions made abroad, as announced in the Union Budget 2023-24.
13 Sep 2023
BYJU'SBYJU'S accused of hiding $533 million from lenders
In a startling turn of events, edtech giant BYJU'S has been accused by lenders of hiding a substantial sum of $533 million in a little-known hedge fund named Camshaft Capital Fund, per Bloomberg.
13 Sep 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, BNB, Tether
Bitcoin has increased 0.38% in the past 24 hours to trade at $25,925.85. It is 0.61% up compared to last week.
12 Sep 2023
InflationAugust retail inflation drops to 6.83% on lower food costs
India's retail inflation rate in August dropped to 6.83%, down from 7.44% in July, according to data released by the National Statistical Office (NSO).
12 Sep 2023
State Bank of India (SBI)NPS, EPFO data shows 5.2cr jobs created in 4 years
A recent State Bank of India (SBI) research report reveals that India has generated over 5.2 crore payrolls in the last four years, with a significant increase in women's participation.
12 Sep 2023
InflationCorporate bond fundraising hit a 10-month low in August
In August 2023, fundraising through corporate bonds fell to a 10-month low as yields on these instruments increased due to high inflation.
12 Sep 2023
AgricultureRussian sellers stop offering discounted fertilizers to India
Russian companies have stopped offering discounted fertilizers, such as di-ammonium phosphate (DAP), to India due to tightening global supplies.
12 Sep 2023
Stock MarketSensex gains over 90 points, Nifty settles above 19,990 mark
The stock market on Tuesday ended on a mixed note.
12 Sep 2023
Tata Consultancy Services (TCS)TCS shares hit a 52-week high: Know driving factors
Shares of Tata Consultancy Services (TCS) reached a 52-week high of Rs. 3,578 today. The stock is up 3% on the Bombay Stock Exchange (BSE), despite a range-bound S&P BSE Sensex.
12 Sep 2023
Disney+Pratilipi and Disney Star collaborate for multi-series content deal
Disney Star has announced a partnership with Pratilipi, an Indian online self-publishing and audiobook portal, to develop multiple new fiction television shows adapted from stories available on Pratilipi.
12 Sep 2023
ZomatoZomato to grow at 24% CAGR, says Bernstein Research
Indian food delivery giant Zomato has reached Consolidated Adjusted Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) break-even three quarters earlier than expected.
12 Sep 2023
AppleApple's made-in-India iPhones to be sold on launch day
Apple's latest device, the iPhone 15, is set to launch globally today with a "Made in India" tag, marking a major shift from its China-centric manufacturing base, per Bloomberg.
12 Sep 2023
Adani GroupSEBI accused of hiding 2014 Adani manipulation alert by DRI
The Securities and Exchange Board of India (SEBI) is facing accusations of hiding a 2014 Directorate of Revenue Intelligence (DRI) alert.
12 Sep 2023
Initial Public Offering (IPO)SoftBank-backed Arm's IPO already oversubscribed by 10 times
Arm Holdings's initial public offering (IPO) is already oversubscribed by 10 times, with bankers planning to stop taking orders earlier than expected.
12 Sep 2023
BYJU'SBYJU'S eyes $1 billion from non-core asset sales
India's most-valued start-up, BYJU'S, is conducting a strategic review of its assets to put on sale non-core subsidiaries and refocus on core, profitable segments, per Moneycontrol.
12 Sep 2023
Binance USDBinance to 'airdrop' $3mn in crypto for Morocco earthquake victims
Binance Charity has announced plans to airdrop up to $3 million in BNB (nearly Rs. 25 crore) to Binance users residing in areas affected by the recent earthquake in Morocco.
12 Sep 2023
SpotifySpotify CEO says 30-second trick will not boost royalties
Spotify CEO Daniel Ek has refuted claims that users can manipulate the platform's royalty payment structure by listening to a 30-second track on a loop.
12 Sep 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Shiba Inu
Bitcoin has climbed 0.11% over the last 24 hours, trading at $25,796.68. It is 0.41% higher than the previous week.
12 Sep 2023
Elon MuskElon Musk has 'demon mode,' reveals biographer Walter Isaacson
Walter Isaacson, the biographer of Elon Musk, believes that the billionaire entrepreneur has multiple distinct "personalities" that show up in different situations.
