Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
11 Mar 2024
CryptocurrencyBitcoin touches new high, climbs above $71,000 mark
Bitcoin has soared to a new all-time high, trading at a staggering $71,577 after a significant 2.53% daily increase.
11 Mar 2024
BYJU'SBYJU'S shuts down offices, asks employees to work from home
The road to recovery seems distant for BYJU'S while it grapples with maintaining cash flow.
11 Mar 2024
TataTata stocks fall 10% as Tata Sons's IPO remains uncertain
Today morning, stocks of Tata Group fell up to 10% as reports suggested that Tata Sons might not go for an initial public offering (IPO) anytime soon.
11 Mar 2024
RedditReddit aims to raise nearly $750M through its IPO
Reddit is gearing up for a massive initial public offering (IPO), aiming to raise as much as $748 million.
11 Mar 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 1.52% in the last 24 hours, trading at $68,533.35. It is up 7.71% from last week.
11 Mar 2024
NVIDIANVIDIA faces lawsuit for using copyrighted books for training AI
NVIDIA is dealing with a lawsuit from three authors who claim that the chip-manufacturing giant used their copyrighted books to train its NeMo AI platform.
10 Mar 2024
Foreign InvestmentFPIs invest over Rs. 6,100cr in Indian equities in March
Foreign Portfolio Investors (FPI) inflows have demonstrated an upward trend in March so far compared to the preceding month.
10 Mar 2024
Indian GovernmentIndia signs $100B trade deal with EFTA countries
India has inked a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), which includes Norway, Iceland, Liechtenstein, and Switzerland.
10 Mar 2024
Narendra Modi'Watershed moment': PM Modi hails India, EFTA trade agreement
India has signed a free trade agreement with the European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein.
10 Mar 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Tether, BNB
Bitcoin has climbed 1.71% in the past 24 hours and is currently trading at $69,555.45. It is 12.17% higher than last week.
09 Mar 2024
Reserve Bank Of India (RBI)India's forex reserves surge $6.55B to over $625B
India's forex reserves have experienced a significant boost, with an increase of $6.55 billion, reaching a total of $625.63 billion as of March 1, according to the latest data from the Reserve Bank of India (RBI).
09 Mar 2024
IndiGoIndiGo co-founder Rakesh Gangwal planning to sell 5.8% stake
IndiGo co-founder Rakesh Gangwal is considering selling a 5.8% stake in Interglobe Aviation, the airline's parent company, according to CNBC-TV18.
09 Mar 2024
United States of AmericaUS presses allies for stronger chip Curbs on China
The United States is urging Japan and the Netherlands to broaden their restrictions on semiconductor-related exports to China.
09 Mar 2024
CryptocurrencyToday's Cryptocurrency prices: Check rates of Bitcoin, Ethereum, Tether, Solana
Bitcoin has climbed 1.89% over the last 24 hours and is trading at $68,413.14. It is 10.04% higher than the previous week.
09 Mar 2024
OpenAIAltman retakes OpenAI board seat after investigation into sudden firing
Sam Altman, OpenAI's CEO, has been cleared of any misconduct after a thorough investigation by law firm WilmerHale.
08 Mar 2024
Department of Telecommunications (DoT)India's next telecom spectrum auction starts May 20
India's Department of Telecommunications (DoT) has revealed that the upcoming spectrum auction will commence on May 20.
08 Mar 2024
Unified Payments Interface (UPI)You can now use UPI to make payments in Nepal
The National Payments Corporation of India (NPCI) has announced that the Unified Payment Interface (UPI) is now available in Nepal, allowing users to scan QR codes and make payments to Nepalese merchants.
08 Mar 2024
JapanNikon buys digital cinema camera manufacturer RED
Japan's Nikon is set to acquire RED Digital Cinema, a leading US-based movie camera manufacturer.
08 Mar 2024
Initial Public Offering (IPO)Top celebs rake in big bucks from India's IPO boom
India's booming initial public offering (IPO) market has been a goldmine for investors, including some of the biggest names in Bollywood and cricket.
08 Mar 2024
Mutual FundsIndia records highest monthly SIP investments in February
Systematic investment plans (SIPs) in India reached a new record high of Rs. 19,186 crore last month, up from Rs. 18,838 crore in January.
08 Mar 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, Tether
Bitcoin has climbed 1.58% over the last 24 hours and is now trading at $66,934.84. It is 8.86% higher than the previous week.
08 Mar 2024
TataTata Sons considering debt restructuring to avoid RBI-mandated IPO
Tata Sons, the $150-billion holding company behind Tata Group, is considering a balance sheet restructuring to avoid a mandatory IPO by September 2025.
07 Mar 2024
IndonesiaAfter UAE, India signs local currency trade agreement with Indonesia
The Reserve Bank of India (RBI) and Bank Indonesia (BI) have inked a memorandum of understanding (MoU) to foster cross-border transactions using local currencies.
07 Mar 2024
TataTata Group stocks gain up to 15% today: Here's why
Today, Tata Group stocks, including Tata Motors, Tata Chemicals, Rallis India, Tata Power, Nelco, and Tata Investment Corporation, experienced a surge of up to 15%.
07 Mar 2024
Stock MarketSensex closes above 74,100 points, Nifty settles near 22,500 milestone
On Thursday, major indices of the stock market ended flat but in the green with the Sensex settling at 74,119.39 points and the Nifty closing at 22,493.55 points.
07 Mar 2024
FlipkartFlipkart to enter quick commerce sector, compete with Blinkit, Zepto
Flipkart is gearing up to enter the quick commerce sector by offering instant delivery services to its customers on the lines of Instamart, Blinkit, and Zepto.
07 Mar 2024
LyftLyft sued after typo caused stock price to jump 60%
A shareholder has initiated a class action lawsuit against ride-hailing company Lyft.
07 Mar 2024
SpaceXSpaceX sued by employee for allegedly promoting serial sexual abuse
A SpaceX employee, named Michelle Dopak, has filed a lawsuit against the company.
07 Mar 2024
AppleApple calls Epic Games 'untrustworthy' and terminates its developer account
US tech giant Apple has axed Epic Games' developer account.
07 Mar 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, BNB, Tether
Bitcoin has risen 2.22% over the last 24 hours to trade at $65,879.92. It is up by 5.60% in the last seven days.
06 Mar 2024
Indian GovernmentCentre to raise Rs. 2,200cr by offloading NLC India stake
The Indian government is set to sell up to a 7% stake in coal mining company NLC India, via an offer for sale (OFS) this week.
06 Mar 2024
AmazonAmazon invests in robot-based recycling start-up to track packaging waste
Amazon is making strides in the recycling world by investing in Glacier, a San Francisco-based recycling robotics start-up, through its Climate Pledge Fund.
06 Mar 2024
Directorate General of Civil AviationGoa-based FLY91 airline gets DGCA nod to take off
India's aviation authority, the Directorate General for Civil Aviation (DGCA), has given the green light to FLY91, a new airline backed by industry veterans.
06 Mar 2024
Adani GroupAdani Group is looking to raise $1.2B through fresh bonds
The Adani Group is reportedly thinking of issuing an additional $1.2 billion worth of bonds in US dollars by June, as part of their plan to raise at least $2 billion this year.
06 Mar 2024
Reserve Bank Of India (RBI)RBI issues new credit card guidelines: Know what has changed
The Reserve Bank of India (RBI) has mandated banks and non-banking financial companies (NBFCs) to offer customers a choice of multiple card networks when issuing credit cards.
06 Mar 2024
Stock MarketSensex crosses 74,000 for first time, Nifty hits new high
On Wednesday, India's stock market indices showed an upward trend.
06 Mar 2024
Gross Domestic ProductIndia to become upper-middle-income nation by 2031: What it means
India's economy is on track to grow by 6.8% in FY25 and achieve upper-middle-income status by 2031, as per rating agency CRISIL.
06 Mar 2024
ZomatoWhy Zomato shares declined today to end 5-day rally
Zomato shares took a 5% hit after a five-day surge, as 2% of the company's equity was traded in several large transactions earlier today.
06 Mar 2024
IIFLIIFL Finance plummets 20% for second day: Here's why
IIFL Finance's stock plummeted 20% for the second day in a row after the Reserve Bank of India (RBI) prohibited the company from issuing gold loans.
06 Mar 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Dogecoin, Tether, Solana
Bitcoin has lost 0.80% in the last 24 hours and is currently trading at $66,195.02. It is up by 15.78% compared to last week.
