Business News
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29 Mar 2024
StartupsIndian tech start-ups witness funding dip in Q1 2024
Indian tech start-ups experienced a significant shift in the first quarter of 2024, accounting for 4% of the total global funding of $37 billion.
29 Mar 2024
Tata Consultancy Services (TCS)TCS upskills over 350,000 workers in generative AI skills
Tata Consultancy Services (TCS), India's premier IT services firm, announced on Friday that it has trained over 350,000 employees in generative AI.
29 Mar 2024
IndiaMore than 1.68 lakh companies registered in India in FY24
India witnessed a significant surge in new business registrations during the financial year 2024, with over 1.68 lakh companies being established.
29 Mar 2024
CryptocurrencyIndian crypto exchanges witness substantial trading volume surge: Here's why
Indian cryptocurrency exchanges have seen a significant surge in trading volumes, with a month-on-month increase of over 207% from February to March.
29 Mar 2024
IndiaOver half of India's large-cap funds disappointed investors last year
Despite a strong year for the Indian stock market in 2023, more than half of the country's equity Large-Cap funds failed to outperform the S&P BSE 100 index, according to a report by S&P Dow Jones Indices.
29 Mar 2024
IndiaMajor policy changes for Indian credit card issuers: Details here
As April approaches, significant policy changes are set to impact major credit card issuers in India, including SBI Card, ICICI Bank, and Axis Bank.
29 Mar 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Solana, BNB
Bitcoin has risen 1.09% over the last 24 hours and is currently trading at $70,444.39. It is up by 6.51% from last week.
29 Mar 2024
BYJU'SBYJU'S invites dissenting shareholders to participate in rights issue
BYJU'S, the edtech company currently facing challenges, has extended an invitation to its dissenting shareholders to participate in a rights issue within the next 72 hours.
29 Mar 2024
Ministry of Civil AviationIndian flight travelers express dissatisfaction over seat selection practices
A recent study by consumer advocacy group LocalCircles has revealed growing discontent among Indian travelers over airline seat selection practices.
29 Mar 2024
Layoff NewsGeneral Electric to slash 1,000 jobs including in India
General Electric (GE) is preparing to cut 1,000 jobs within its renewable energy subsidiary, LM Wind Power.
29 Mar 2024
IndiaIndia's April-February fiscal deficit covers 86.5% of FY24 target
India's fiscal deficit from April to February in FY24, has reached Rs. 15.01 lakh crore, marking approximately 86.5% of the annual target, according to recent data.
28 Mar 2024
CryptocurrencyCrypto mogul Sam Bankman-Fried sentenced to 25 years behind bars
Sam Bankman-Fried, the founder and former CEO of FTX, once a leading global cryptocurrency exchange, has been sentenced to 25 years in prison.
28 Mar 2024
Reserve Bank Of India (RBI)Indian banks have issued over 100 million credit cards
In a noteworthy development, the Reserve Bank of India (RBI) has reported that the number of credit cards issued by Indian banks, surpassed 100 million in February 2024.
28 Mar 2024
IndiaL Catterton, former Hindustan Uniliver CEO announce JV in India
L Catterton's Asia division, a private equity firm specializing in consumer-focused investments, is partnering with former Hindustan Unilever (HUL) CEO, Sanjiv Mehta.
28 Mar 2024
Stock MarketSensex gains over 650 points, Nifty settles above 22,300 mark
On Thursday, the benchmark Sensex and Nifty indices showed an upward trend.
28 Mar 2024
CoinbaseCoinbase to face US lawsuit over unregistered securities sales
Coinbase, a prominent cryptocurrency exchange, is preparing to fight a lawsuit filed by the US Securities and Exchange Commission (SEC).
28 Mar 2024
Artificial Intelligence and Machine LearningHume AI secures $50 million funding for 'emotional' AI chatbot
Hume AI Inc, a pioneering artificial intelligence start-up, has successfully raised $50 million in a Series B funding round.
28 Mar 2024
AmazonWhy Amazon has pumped $2.75 billion into AI start-up Anthropic
In a significant development, Amazon has invested an additional $2.75 billion in San Francisco-based start-up Anthropic, known for its work in generative artificial intelligence.
28 Mar 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Dogecoin, Tether, Solana
Bitcoin has slipped 1.02% in the past 24 hours and is currently trading at $69,591.05. It is 4.20% higher than the week before.
27 Mar 2024
AmazonPolish watchdog fines Amazon $8 million for allegedly misleading customers
E-commerce giant, Amazon, has been handed a hefty fine of nearly $8 million by Poland's consumer protection agency, the UOKiK.
27 Mar 2024
AmazonMost Indian shoppers favor less packaging, Amazon survey finds
A recent study commissioned by e-commerce behemoth Amazon, reveals that a significant 69% of Indian shoppers prefer receiving their online purchases with less packaging.
27 Mar 2024
Bajaj FinanceBajaj Housing Finance targets $9-10 billion valuation in potential IPO
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has kick-started preliminary discussions with multiple investment banks for a potential initial public offering (IPO).
27 Mar 2024
Reserve Bank Of India (RBI)Indian banks report decade-long fraud totaling Rs. 5.3 lakh crore
Over the past decade, Indian banks have disclosed frauds totaling an astonishing Rs. 5.3 lakh crore, as per data from the Reserve Bank of India (RBI).
27 Mar 2024
Stock MarketSensex climbs nearly 530 points, Nifty settles above 22,120 mark
On Wednesday, the benchmark Sensex and Nifty indices had a sluggish start but showed an upward trend as the day progressed.
27 Mar 2024
StarbucksStarbucks planning to expand to 1,000 Indian stores by 2028
Starbucks, a global coffeehouse giant, has unveiled its ambitious plans to significantly bolster its presence in India.
27 Mar 2024
United States of AmericaVisa, Mastercard resolve swipe fee dispute with $30 billion settlement
Visa and Mastercard have finally settled a long-standing legal dispute over the contentious "swipe fees."
27 Mar 2024
IndiaExplained: India's planned transition from minimum wage to living wage
India is contemplating a major wage policy overhaul.
27 Mar 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Tether, Solana
Bitcoin has lost 0.40% in the last 24 hours and is now trading at $70,250.33. It is up 14.62% from last week.
26 Mar 2024
AmazonAmazon poured $1.2 billion into anti-fraud measures in 2023
In a proactive move to shield its brand, sellers, and customers from fraudulent activities and counterfeit goods, e-commerce giant Amazon has invested over $1.2 billion in 2023.
26 Mar 2024
InsuranceNatural disaster-related insured damages predicted to double in a decade
A study by the Swiss Re Institute forecasts a significant surge in insured damages from natural disasters, with an expected doubling over the next decade.
26 Mar 2024
NVIDIAGoogle, Intel, Qualcomm join forces to counter NVIDIA's AI supremacy
A formidable alliance of leading tech corporations, including Intel, Google, Arm, Qualcomm, and Samsung, has emerged to contest NVIDIA's supremacy in the artificial intelligence (AI) market.
26 Mar 2024
Stock MarketSensex slips 361 points, Nifty settles near 22,000 mark
On Tuesday, the benchmark Sensex and Nifty indices were on a downward trend.
26 Mar 2024
MicrosoftMicrosoft appoints Pavan Davuluri as new Surface and Windows chief
Microsoft has confirmed the appointment of Pavan Davuluri as the new leader for its Windows and Surface divisions.
26 Mar 2024
WeWorkAdam Neumann proposes to reacquire bankrupt WeWork for hefty sum
Adam Neumann, the co-founder and ex-CEO of WeWork, has reportedly proposed a bid of over $500 million to reacquire the insolvent shared office space provider.
26 Mar 2024
MetaMeta is recruiting AI talent without conducting candidate interviews
Meta's CEO, Mark Zuckerberg, is reportedly spearheading the company's recruitment drive by personally reaching out to AI researchers at Google's DeepMind, according to The Information.
26 Mar 2024
IndiaP-note investment reaches 7-year peak in India: Here's why
Off-shore funds have been heavily pouring money into participatory notes (P-notes), reaching a seven-year high, according to the National Securities Depository Limited (NSDL).
26 Mar 2024
Adani PortsAdani Ports acquires Odisha's Gopalpur Port for Rs. 3,080 crore
Adani Ports and Special Economic Zone (APSEZ) has successfully procured a 95% stake in Odisha's Gopalpur Port.
26 Mar 2024
CryptocurrencyCryptocurrency prices: Here are rates of Bitcoin, Ethereum, Tether, Dogecoin
Bitcoin has surged by 4.31% in the past 24 hours to now trade at $70,401.53. It is 8.42% up compared to last week.
26 Mar 2024
StartupsCanva's biggest acquisition yet will aid in taking on Adobe
Canva, Australia's leading start-up, has recently made its biggest acquisition yet.
26 Mar 2024
Bharti AirtelBharti Hexacom reveals IPO price band for upcoming stake sale
Bharti Hexacom, a subsidiary of the telecom giant Bharti Airtel, has set the price band for its initial public offering (IPO) at Rs. 542-570 per share.
