Business News
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07 Oct 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed 1.55% in the past 24 hours to trade at $27,916.64. Compared to last week, it is up by 3.63%.
06 Oct 2023
OlaOla launches all-electric parcel delivery service to take on Dunzo
Ride-hailing company Ola has launched an all-electric parcel delivery service called "Ola Parcel" in Bengaluru.
06 Oct 2023
Reserve Bank Of India (RBI)RBI proposes card-on-file tokenization for enhanced security: What it means
The Reserve Bank of India (RBI) is looking to implement card-on-file tokenization (CoFT) at the issuer-bank level, aiming to boost security and convenience for customers.
06 Oct 2023
TruecallerTruecaller acquires Bengaluru-based TrustCheckr to fight fraud calls
Truecaller, the popular caller identification app, has acquired Bengaluru-based Unoideo Technologies, the provider of fraud detection service TrustCheckr.
06 Oct 2023
Walt DisneyDisney in talks with Adani, Maran to sell India business
Walt Disney Co. is said to be in early talks with Indian billionaires Gautam Adani and Kalanithi Maran, as well as private equity firms, to sell its streaming and television business in India.
06 Oct 2023
MicrosoftMicrosoft to close its $69bn acquisition of Activision next week
Microsoft is inching closer to wrapping up its whopping $68.7 billion acquisition of gaming powerhouse Activision Blizzard, with a tentative closing date set for Friday, October 13.
06 Oct 2023
IndiaAmid global downsizing, Barclays turns to India for key hires
Barclays is making moves in India, hiring dealmakers despite cutting 300 jobs worldwide in its corporate and investment banking sectors, reported Bloomberg.
06 Oct 2023
Stock MarketSensex soars 364 points, Nifty settles near 19,650 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
06 Oct 2023
AmazonAmazon launches shopping-only Prime membership at Rs. 400
Amazon has launched a new version of its Prime membership program, Prime Shopping Edition, exclusively for Android users in India, per Moneycontrol.
06 Oct 2023
Reserve Bank Of India (RBI)Rs. 12,000cr worth of Rs. 2,000 notes still in circulation
Reserve Bank of India (RBI) Governor Shaktikanta Das announced on October 6 that Rs. 12,000 crore worth of Rs. 2,000 denomination notes have not yet returned to the central bank.
06 Oct 2023
RussiaRussian government lifts restrictions on diesel exports via ports
Russia has lifted a ban on pipeline diesel exports via ports, which was first imposed on September 21.
06 Oct 2023
Mahendra Singh DhoniJioMart ropes in MS Dhoni as its brand ambassador
Reliance Retail has announced that they have appointed former Indian cricket team captain Mahendra Singh Dhoni as the brand ambassador of JioMart.
06 Oct 2023
IndiaIndia's 5G roll-out among fastest in the world: Nokia CEO
India is making impressive progress in its 5G network roll-out, with Nokia President and CEO Pekka Lundmark, revealing that the country ranks among the top three nations with the largest 5G installed base.
06 Oct 2023
Elon MuskX is testing three tiers of premium subscription service
Elon Musk's social media platform X is experimenting with a fresh three-tiered subscription model, as confirmed by CEO Linda Yaccarino in a meeting with debt holders.
06 Oct 2023
Elon MuskUS SEC sues Musk for not cooperating in Twitter probe
The US Securities and Exchange Commission (SEC) is taking legal action against Elon Musk, after the billionaire said he would no longer cooperate with SEC's investigation into his $44 billion acquisition of Twitter, now called X.
06 Oct 2023
Reliance JioReliance Jio introduces new prepaid plans with Disney+ Hotstar subscription
Reliance Jio has rolled out seven new prepaid plans featuring Disney+ Hotstar subscriptions just in time for the ICC Men's Cricket World Cup 2023.
06 Oct 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, Dogecoin
Bitcoin has slipped 0.59% in the past 24 hours to trade at $27,520.80. It is 2.05% higher than the week before.
06 Oct 2023
Reserve Bank Of India (RBI)RBI maintains repo rate at 6.5%, FY24 GDP forecast unchanged
The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday that the central bank's Monetary Policy Committee (MPC) has decided unanimously to keep the key repo rate steady at 6.5%, in line with economists' predictions.
06 Oct 2023
OpenAIOpenAI is considering making its own AI chips
ChatGPT's creator OpenAI is thinking about making its own artificial intelligence (AI) chips to combat the global shortage of advanced processors.
05 Oct 2023
Reserve Bank Of India (RBI)RBI expands UDGAM portal to include 23 more banks
The Reserve Bank of India (RBI) has expanded its Unclaimed Deposits - Gateway to Access Information (UDGAM) portal by adding 23 more banks.
05 Oct 2023
GSTGST Council meeting on October 7: What's on agenda
The 52nd meeting of the Goods and Services Tax (GST) Council is scheduled for October 7, 2023, in New Delhi.
05 Oct 2023
TataTata Group to buy back 20% stake in Tata Play
Tata Group is said to be in advanced discussions with Singapore's Temasek Holdings to buy back a 20% stake in Tata Play, an entertainment content distribution platform.
05 Oct 2023
CitibankCitigroup to axe employees as part of its restructuring plans
Citigroup is gearing up for a major shake-up, with managers currently assessing staff positions to determine who will stay, be reassigned, or let go by November.
05 Oct 2023
Stock MarketSensex gains over 400 points, Nifty settles above 19,540 mark
On Thursday, the benchmark Sensex and Nifty indices showed a bullish trend. The Sensex rose by 0.62% to close at 65,631.57 points, while the Nifty gained 0.55% to settle at 19,544.3 points.
05 Oct 2023
CREDCRED's revenue skyrockets 250% year-on-year but losses remain a concern
Fintech giant CRED has reported a whopping 256% increase in revenue from operations, hitting Rs. 1,400 crore in FY23, up from Rs. 393 crore in FY22.
05 Oct 2023
AmazonUK regulator demands investigation into Amazon and Microsoft's cloud dominance
British media regulator Ofcom has called on the UK's antitrust authority to look into the dominance of Amazon and Microsoft in the UK cloud market.
05 Oct 2023
E-commerceONDC to soon offer Urban Company-like professional services
The Open Network for Digital Commerce (ONDC), a government-backed e-commerce initiative, is looking to expand its services by adding skill-based offerings like appliance repair and teaching assistance.
05 Oct 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has risen 0.95% over the last 24 hours to trade at $27,681.74. It is up 4.95% from last week.
04 Oct 2023
Climate ChangeGlobal infra suffers $300B+ annual losses due to climate change
The Coalition for Disaster Resilient Infrastructure (CDRI) recently released a report, showing that the global annual average loss (AAL) in major infrastructure sectors due to disasters and climate change is between $301 and $330 billion.
04 Oct 2023
Artificial Intelligence and Machine LearningIndian AI start-up bags funding from OpenAI's Sam Altman
Induced AI, an artificial intelligence (AI) start-up founded by two Indians Aryan Sharma (18) and Ayush Pathak (19), recently secured $2.3 million in seed funding.
04 Oct 2023
Stock MarketSensex slips to 65,226 points, Nifty settles below 19,440 mark
On Wednesday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.44% to 65,226.04 points, the Nifty fell 0.48% to 19,436.1 points.
04 Oct 2023
Nestle IndiaNestle India may split its stock for the first time
Nestle India has announced that its board of directors will consider a stock split of its existing equity shares on October 19, alongside the release of its September quarter results.
04 Oct 2023
IndiaBGMI-maker Krafton announces incubator for Indian gaming start-ups
Krafton, the mastermind behind the hit game BGMI, has launched the Krafton India Gaming Incubator (KIGI). This will bolster and broaden India's gaming landscape.
04 Oct 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, BNB
Bitcoin has dropped 0.83% in the past 24 hours to trade at $27,374.66. Compared to last week, it is up 4.34%.
04 Oct 2023
MetaMeta to fire employees working on metaverse silicon
Meta Platforms is said to be gearing up for layoffs in its metaverse-focused Reality Labs division, specifically targeting the Facebook Agile Silicon Team (FAST) that works on custom silicon development.
04 Oct 2023
Abu DhabiIHC increases stake in Adani Enterprises to over 5%
Abu Dhabi-based International Holding Company (IHC) has increased its shareholding in billionaire Gautam Adani's flagship company, Adani Enterprises Ltd., to over 5%.
03 Oct 2023
IndiaGodrej family to split Rs. 1.76 lakh crore conglomerate
The Godrej family, known for controlling a massive Rs. 1.76 lakh crore business empire, is reportedly moving towards a friendly separation.
03 Oct 2023
CryptocurrencyFTX collapse: Sam Bankman-Fried's trial starts today for alleged fraud
The high-stakes trial of Sam Bankman-Fried, the 31-year-old founder of FTX, kicks off today.
03 Oct 2023
Vodafone IdeaVi Max Family postpaid plans now offer unlimited night-time data
Vi (Vodafone Idea) has rolled out new features for its Max Family postpaid plan subscribers, including Data Sharing and Night Time Unlimited Data.
03 Oct 2023
AppleApple complies with China's stricter app store rules
Apple has introduced a new policy for its China App Store, necessitating that new apps must show evidence of a Chinese government license before becoming available to users.
