Business News

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15 Mar 2024

Amitabh Bachchan

High-net-worth individuals eye auction of bungalow adjacent to Bachchan residence

Deutsche Bank India is set to auction a bungalow located next to Bollywood superstar Amitabh Bachchan's residence, Jalsa, in Mumbai's upscale Juhu area.

15 Mar 2024

Zee

Star India initiates arbitration proceedings against Zee Entertainment: Here's why

Star India, a Walt Disney-owned company, has initiated arbitration proceedings against Zee Entertainment Enterprises Limited.

15 Mar 2024

India

India's trade deficit climbs to $18.71 billion, exports also rise 

India's Commerce Ministry announced today that the country's merchandise trade deficit had grown to $18.71 billion in February 2024, up from $17.49 billion the previous month.

15 Mar 2024

Stock Market

Sensex tanks 456 points, Nifty settles above 22,000 mark

On Friday, the benchmark Sensex and Nifty indices were on a downward trend.

15 Mar 2024

Arvind Subramanian

Arvind Subramanian questions latest GDP numbers, calls it 'mystifying'

Former Chief Economic Adviser to the Government of India, Arvind Subramanian, has called into question India's latest gross domestic product (GDP) figures, describing them as "mystifying" and not adding up.

15 Mar 2024

Bernie Sanders

Bernie Sanders advocates four-day workweek with unchanged pay in US

US Senator Bernie Sanders has proposed a bill advocating for a 32-hour workweek without any reduction in pay.

15 Mar 2024

Satoshi Nakamoto

Craig Wright is not Bitcoin creator Satoshi Nakamoto: UK court

In a landmark ruling, the High Court in London has determined that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

15 Mar 2024

Cryptocurrency

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

Bitcoin has slipped 6.93% in the past 24 hours and is currently trading at $67,801.12. It is 1.19% higher than the week before.

15 Mar 2024

Paytm

Yes Bank, Axis Bank initiate operations on Paytm's UPI platform

Yes Bank and Axis Bank have commenced operations on the Paytm app's Unified Payments Interface (UPI) platform, as of today (March 15).

15 Mar 2024

Stock Market

Small-cap stock decline wipes out Rs. 9L crore investor wealth

The stock market has experienced a substantial decline since February 19, with small-cap stocks bearing the brunt of the downturn.

14 Mar 2024

HDFC Bank

Paytm secures NPCI approval to operate as third-party UPI app

The National Payments Corporation of India (NPCI) has given the green light to One97 Communications Limited, the parent company of Paytm, to function as a Third-Party Application Provider (TPAP) for Unified Payments Interface (UPI) services.

14 Mar 2024

Elon Musk

Why Elon Musk canceled Don Lemon's show on X

Elon Musk has unexpectedly canceled TV journalist Don Lemon's forthcoming show on social media platform X.

14 Mar 2024

Stock Market

Sensex regains 73,000 mark, Nifty settles near 22,150

On Thursday, the stock market had a bearish opening, but the benchmark Sensex and Nifty indices witnessed a late surge.

14 Mar 2024

Tesla

Tesla paid no income taxes while its executives received billions

Tesla, the electric vehicle giant, didn't pay any federal income taxes from 2018 to 2022 despite earning $4.4 billion during this period, as per a watchdog report.

14 Mar 2024

Paytm

Paytm's parent company considers job cuts across departments

One 97 Communications, the parent company of fintech unicorn Paytm, is reportedly planning to reduce its workforce across various departments.

14 Mar 2024

Paytm

Paytm's bank shuts down tomorrow: What services will be impacted

Paytm Payments Bank Ltd (PPBL), the banking arm of Paytm, will halt its services from tomorrow (March 15).

14 Mar 2024

Cryptocurrency

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

Bitcoin has climbed 1.22% in the past 24 hours and is trading at $73,046.14. It is 10.89% higher than last week.

14 Mar 2024

Viacom 18

Reliance buys Paramount's 13% stake in Viacom18 for Rs. 4,286cr

Reliance Industries has entered into a binding agreement to acquire Paramount Global's 13.01% stake in Viacom18 Media for Rs. 4,286 crore, according to an RIL regulatory filing.

13 Mar 2024

Israel

Israeli start-up raises $47M for AI that helps grieving individuals

Empathy, an Israeli start-up, has secured $47 million in funding for its unique AI platform.

13 Mar 2024

Stock Market

Sensex plunges over 900 points, Nifty settles below 22,000 mark

On Wednesday, the stock market was in the hands of bear as the Sensex slipped 906.07 points, or 1.25%, to 72,761.89 points, while the Nifty dropped 338 points, or 1.54%, to 21,997.7 points.

13 Mar 2024

Donald Trump

Trump tried selling his 'Truth Social' platform to Elon Musk

Former US President Donald Trump reportedly tried selling Truth Social—his social media brainchild—to Elon Musk last summer.

13 Mar 2024

Google

Google's AI chatbot won't answer your election queries in India

Google has confirmed the implementation of a new policy in India in connection with its AI chatbot Gemini.

13 Mar 2024

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Dogecoin, Tether, BNB

Bitcoin has risen 0.35% over the last 24 hours to trade at $72,113.83. It is up by 11.12% from last week.

12 Mar 2024

Blockchain

Kickstarter's transformation: A covert $100 million investment for web3 pivot

In a surprising turn of events, crowdfunding platform Kickstarter received a $100 million investment offer in December 2021, to transition into a web3 company.

The Body Shop shuts down US operations, files for bankruptcy

The Body Shop, a UK-based cosmetics company, has revealed plans to shut down its US operations and file for bankruptcy.

12 Mar 2024

Stock Market

Stock market today: Sensex gains 165 points, Nifty ends flat

On Tuesday, the stock market experienced mixed trading. While Sensex gained 165.32 points to settle at 73,667.96 points, Nifty ended flat at 22,335.7 points.

12 Mar 2024

X

Yoel Roth, former X executive, joins Tinder's parent company

Yoel Roth, the former head of trust and safety at X, has announced his move to Match Group.

12 Mar 2024

FIITJEE

FIITJEE withholds employee salaries for second consecutive month: Here's why

FIITJEE, a leading entrance test preparation company, has withheld employee salaries for the second consecutive month amid stagnant growth and increasing competition.

12 Mar 2024

Meta

Meta files lawsuit against former VP over alleged document theft

Meta has initiated legal proceedings against one of its former vice presidents, Dipinder Singh Khurana, accusing him of stealing sensitive company documents.

12 Mar 2024

Reddit

Reddit announces IPO with a valuation target of $6.4 billion

Reddit, the popular social media platform, has disclosed plans for one of the year's most anticipated initial public offerings (IPOs), aiming to raise up to $748 million.

12 Mar 2024

Insurance

Drivers concerned as automakers share driving data with insurance companies

Automobile manufacturers, including General Motors, are sharing detailed driving data of their consumers with insurance companies.

12 Mar 2024

OpenAI

OpenAI refutes Elon Musk's claims of a founding agreement

OpenAI, the parent company of ChatGPT, has officially responded to a lawsuit filed by Elon Musk.

12 Mar 2024

Paytm

Four banks compete to acquire Paytm merchants: Check here

Axis Bank, Canara Bank, Yes Bank, and Kotak Mahindra Bank are the leading contenders to take over merchant accounts of Paytm Payments Bank Ltd (PPBL).

12 Mar 2024

Cryptocurrency

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

Bitcoin has climbed 4.89% in the past 24 hours to trade at $71,865.43. Compared to last week, it is 6.42% up.

11 Mar 2024

Airbnb

Airbnb announces global ban on indoor security cameras: Here's why

Airbnb, the popular short-term home rental platform, has announced a worldwide ban on indoor security cameras in its listings.

11 Mar 2024

Telegram

Telegram founder expects it to attain profitability in 2025

Telegram, the popular cloud-based chat app with over 900 million users, is expected to become profitable next year, according to founder Pavel Durov.

11 Mar 2024

Japan

Japan: World's last negative interest economic policy may end soon

Japan, the land of rising sun may soon witness the end of an era of negative interest rates.

11 Mar 2024

China

China's housing minister says troubled property developers must go bankrupt

China's housing minister, Ni Hong, has announced that real estate developers facing severe insolvency must declare bankruptcy and undergo restructuring.

11 Mar 2024

Adani Group

Gautam Adani, Qualcomm CEO discuss India's potential in semiconductors, AI

Gautam Adani, head of Adani Group has discussed India's possibilities in semiconductors, AI, and mobility with his counterpart at Qualcomm, Cristiano Amon.

11 Mar 2024

Stock Market

Sensex tanks over 600 points, Nifty settles near 22,330 mark

On Monday, the benchmark Sensex and Nifty indices were on a downward trend.