Business News

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26 Mar 2024

Mumbai

Mumbai overtakes Beijing as Asia's top spot for billionaires

Mumbai, the financial heart of India, has now surpassed Beijing to claim the title of Asia's billionaire capital, as per the latest findings from the Hurun Research Institute.

26 Mar 2024

Bharti Airtel

Indian telecom titans to forge unique tariff plans after elections

Reliance Jio and Bharti Airtel, India's telecom powerhouses, are crafting unique tariff strategies in the wake of the parliamentary elections.

25 Mar 2024

Boeing

Boeing CEO Dave Calhoun to quit by end of 2024

Boeing's CEO, Dave Calhoun (66), has announced his plan to relinquish his role by the end of 2024.

25 Mar 2024

Amul

Amul milk makes its international debut in the US

In a first, Amul's fresh milk is set to be available beyond Indian borders.

25 Mar 2024

Stock Market

This company's stock has yielded 107% return in a year

HEG, a leading Indian graphite electrode manufacturer, has experienced a significant financial upswing.

25 Mar 2024

EPFO

EPFO membership records notable surge in January 2024: Check figures

The Employees' Provident Fund Organisation (EPFO) experienced a significant rise in its membership, with a net addition of 1.602 million members in January 2024.

25 Mar 2024

Cryptocurrency

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

Bitcoin has gone up by 4.82% in the past 24 hours to trade at $67,412.79. Compared to last week, it is down by 1.79%.

25 Mar 2024

Snapchat

Snapchat aims to attract Indian Gen Z with tailored experiences

Snapchat is honing in on the creation of tailored experiences in India to draw in more Generation Z users, Pulkit Trivedi, India's Managing Director for Snap Inc. told Moneycontrol.

24 Mar 2024

Stock Market

BSE benchmark ascends despite declined valuation of top firms

The Bombay Stock Exchange (BSE) benchmark experienced a slight uptick last week, climbing by 188.51 points or 0.25%, signaling a positive trend in the stock market.

24 Mar 2024

India

FPIs display remarkable recovery in Indian equity markets this March

Foreign Portfolio Investors (FPIs) have ramped up their investment activities in the Indian equity markets in March 2024, pouring in over Rs. 38,000 crore.

24 Mar 2024

Paytm

Praveen Sharma, Senior VP at Paytm, calls it quits

Praveen Sharma, the Senior Vice President of Business at Paytm, has tendered his resignation, according to a recent company disclosure.

24 Mar 2024

Cryptocurrency

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

Bitcoin has climbed 0.45% over the last 24 hours and is trading at $64,182.86. It is 3.41% lower than the previous week.

23 Mar 2024

Apple

Apple intensifies research initiatives in China amid declining market position

Apple plans to amplify its research initiatives in China, as announced by CEO Tim Cook during his trip to the nation.

23 Mar 2024

Cybersecurity

Why Mozilla has severed ties with its privacy partner

Mozilla has officially ended its partnership with data removal service, Onerep, following revelations about the company's CEO, Dimitri Shelest, and his connections to a data broker.

23 Mar 2024

Cryptocurrency

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

Bitcoin has lost 3.30% in the last 24 hours and is now trading at $63,849.63. It is down 7.13% from last week.

22 Mar 2024

Air India

Air India fined Rs. 80 lakh by DGCA: Here's why

Air India has been slapped with a hefty fine of Rs. 80 lakh by the Directorate General of Civil Aviation (DGCA).

RBI offices open for year-end transactions on March 30, 31

The Reserve Bank of India (RBI) has announced that its offices managing government business, along with all specified branches of agency banks, will maintain regular operating hours on March 30 and March 31, 2024.

22 Mar 2024

SpiceJet

SpiceJet trims operations despite thriving aviation sector: Here's why 

SpiceJet, a longstanding player in India's aviation sector, is poised to scale back its operations even as the industry anticipates record-breaking passenger traffic.

22 Mar 2024

Air India

Air India announces special business class fares on select routes

Air India, one of India's biggest airlines, has announced a temporary promotion today (March 22), offering reduced business class fares on its international flights.

22 Mar 2024

Mutual Funds

Mutual funds demand easing RBI's limit on overseas investments

The Securities and Exchange Board of India (SEBI) has mandated mutual funds to cease accepting subscriptions for investments in foreign exchange-traded funds (ETFs) from April 1, 2024.

22 Mar 2024

Stock Market

Sensex gains 190 points, Nifty settles near 22,100 mark

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

22 Mar 2024

Stock Market

NSE announces new guidelines for tech IPOs: Check here

The National Stock Exchange (NSE) has rolled out fresh guidelines, that will impact tech company founders who are preparing to launch their initial public offerings (IPOs).

TAC Security gears up for India's first cybersecurity IPO

Backed by renowned investor Vijay Kedia, cybersecurity firm Tac Security is all set to launch its Rs. 29.99 crore initial public offering on March 27.

22 Mar 2024

IndiGo

IndiGo eyes major aircraft acquisition to boost global presence

IndiGo, the leading budget airline in Asia, is reportedly mulling the purchase of widebody aircraft to bolster its international operations.

22 Mar 2024

Stock Market

Robinhood Markets co-founder Baiju Bhatt resigns amid UK expansion

Baiju Bhatt, co-founder and chief creative officer of Silicon Valley fintech powerhouse, Robinhood Markets, announced his resignation from the company yesterday (March 21).

22 Mar 2024

Reddit

Reddit CEO's $193 million salary ignites debate over unpaid moderators

Reddit CEO Steve Huffman is under fire for his substantial $193 million salary package, while the platform's moderators receive no financial compensation.

22 Mar 2024

Zomato

Zomato's Deepinder Goyal is married to Mexican entrepreneur Grecia Munoz

Deepinder Goyal, the CEO of Zomato, recently exchanged vows with Grecia Munoz, a former model from Mexico.

22 Mar 2024

Donald Trump

Donald Trump's fortune could rise by $3.4 billion: Here's how

Former US President Donald Trump's net worth could potentially surge by around $3.4 billion, if shareholders vote in favor of listing his enterprise, Trump Media and Technology Group.

22 Mar 2024

Reddit

Reddit marks impressive entry into stock market as shares surge 

Reddit made a powerful entrance on the New York Stock Exchange, with shares closing 48% higher on the first day of trading.

22 Mar 2024

Cryptocurrency

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

Bitcoin has lost 0.92% in the last 24 hours, trading at $66,224.07. It is 1.64% down compared to last week.

22 Mar 2024

Nike

Nike agreement ends Adidas's 70-year relationship with German football teams

In a notable development, the German football federation (DFB) has declared its future collaboration with US sportswear titan Nike, starting in 2027.

21 Mar 2024

Intel

US counters China with $19.5B investment in Intel's chip factories

In a historic move, the US Commerce Department is investing a staggering $19.5 billion in Intel to build and upgrade its semiconductor plants in four US states.

21 Mar 2024

Stock Market

Sensex climbs 540 points, Nifty reclaims 22,000 mark

The stock market had a bearish opening today but the benchmark Sensex and Nifty witnessed a surge.

21 Mar 2024

India

Gold shines at a new high of Rs. 66,778

Today, the MCX gold rate soared to a new high of Rs. 66,778 per 10 grams, shortly after the commodity market opened.

21 Mar 2024

Reddit

Reddit prices IPO at $34 per share to raise $748M

In a significant boost to the crippling Initial Public Offering (IPO) market in the technology sector, social media giant Reddit set its IPO at the peak of its projected range of $31 to $34 per share.

Google's DeepMind develops AI-powered football assistant for Liverpool FC

In a joint venture with Liverpool Football Club, Google's DeepMind has engineered an advanced artificial intelligence system called TacticAI.

20 Mar 2024

MakeMyTrip

MeraDoc and MakeMyTrip collaborate to deliver instant medical services

Health-tech start-up MeraDoc has formed a strategic collaboration with travel booking giant MakeMyTrip.

20 Mar 2024

Stock Market

Sensex gains 90 points, Nifty closes near 21,840

On Wednesday, major indices of the stock market ended flat with the Sensex gaining 89.64 points to settle at 72,101.69 points and Nifty rising 21.65 points to close at 21,839.10 points.

20 Mar 2024

Argentina

Uday Kotak highlights Bitcoin's demand as Argentina battles 276% inflation

Argentina has been embroiled in an economic crisis with inflation touching 276%.

20 Mar 2024

Microsoft

Who is Mustafa Suleyman, new head of Microsoft's AI business

Mustafa Suleyman, the co-founder of Inflection AI, has been named as the new CEO of Microsoft's consumer artificial intelligence division.