Business News

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08 Apr 2024

Stock Market

Sensex climbs to 74,742 points, Nifty settles near 22,670 mark

On Monday, the benchmark Sensex and Nifty indices saw gains.

08 Apr 2024

Ajay Singh

Go First given another 60-day extension to complete insolvency process

The National Company Law Tribunal (NCLT) has granted another 60-day extension to the struggling airline, Go First, for its insolvency proceedings.

08 Apr 2024

Nifty

Gold prices surpass ₹71,000 for first time in India

Gold and silver prices in India soared to new heights during today's trading session.

BSE surpasses ₹400 lakh crore m-cap for first time ever

In an unprecedented event, the combined market value of all Bombay Stock Exchange (BSE) listed stocks has hit a new high, crossing the ₹400 lakh crore mark.

08 Apr 2024

HDFC Bank

Nifty, Sensex hit fresh high today: What's fueling the rally?

India's major stock market indices, the Sensex and Nifty, started the week by setting new records.

08 Apr 2024

China

India aims for $100 billion FDI annually, courts Chinese investors 

India is setting its sights high, aiming to attract a minimum of $100 billion in gross foreign direct investment (FDI) annually.

08 Apr 2024

Bitcoin

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

Bitcoin has gained 0.15% in the past 24 hours to trade at $69,439.39. It is 1.51% down compared to last week.

SEBI proposes streamlining PPM amendment reporting for AIFs in India

The Securities and Exchange Board of India (SEBI) has proposed a new process, for reporting changes in the private placement memorandum (PPM) of alternative investment funds (AIFs).

07 Apr 2024

IRDAI

IRDAI expresses concern over IIHL's proposal for Reliance Capital acquisition

The Insurance Regulatory and Development Authority of India (IRDAI), has raised questions about Hinduja Group-led IndusInd International Holdings Ltd (IIHL)'s proposed resolution plan, to acquire debt-laden Reliance Capital.

07 Apr 2024

India

India records 13% surge in coal imports in February 2024

India's coal imports witnessed a significant surge of 13% in February 2024, reaching a total of 21.64 million tons (MT), according to data compiled by Mjunction.

07 Apr 2024

Boeing

Boeing CEO's compensation sees 25% cut this year: Here's why

David Calhoun, the CEO of Boeing, will see over a 25% reduction in his compensation package this year.

07 Apr 2024

HDFC Bank

HDFC Bank and LIC led market cap boost last week

Last week, four of India's most valued companies, including HDFC Bank and Life Insurance Corporation of India (LIC), experienced a significant increase in their market valuation.

07 Apr 2024

Aditya Birla Group

VI gets approval to raise ₹2,075cr from Aditya Birla Group

Vodafone Idea has announced its plans to secure a substantial investment of ₹2,075 crore from its promoter, the Aditya Birla Group.

07 Apr 2024

Cryptocurrency

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

Bitcoin has climbed by 2.31% in the past 24 hours, and is now trading at $69,375.72. It is 1.05% lower than last week.

07 Apr 2024

Mark Zuckerberg

Mark Zuckerberg surpasses Elon Musk as world's third-richest person

Mark Zuckerberg, the mastermind behind Meta Platforms Inc., has overtaken Elon Musk to become the world's third-richest individual.

06 Apr 2024

Samsung

Samsung amplifies chip-manufacturing in Texas with $44 billion investment commitment

Samsung is set to significantly bolster its investment in Texas, raising its total commitment to the state's chip-manufacturing industry to an impressive $44 billion, as reported by The Wall Street Journal.

06 Apr 2024

Amazon

Amazon launches 'Bazaar,' a budget-friendly fashion store in India

Amazon has discreetly launched a new store named "Bazaar" in India, aiming to cater to the demand for affordable yet stylish fashion and lifestyle products.

06 Apr 2024

Microsoft

Prominent Xbox executive Kareem Choudhry departs from Microsoft 

Kareem Choudhry, a key figure in the Xbox division, is leaving Microsoft after an impressive 26-year tenure, as reported by Windows Central.

06 Apr 2024

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Tether, Ethereum, Dogecoin

Bitcoin has surged by 1.15% in the past 24 hours to now trade at $68,016.32. It is 3.17% down compared to last week.

05 Apr 2024

Bhutan

Bhutan boosts Bitcoin mining ahead of 'halving' event

Bhutan's investment division, Druk Holding & Investments (DHI), is partnering with NASDAQ-listed Bitdeer Technologies Group, in a bid to mitigate the potential financial impacts of the impending 'halving' event.

05 Apr 2024

Google

Google parent considers acquiring marketing software firm HubSpot

Alphabet Inc., the parent company of Google, is considering a bid to acquire online marketing software firm, HubSpot, according to Reuters.

05 Apr 2024

Stock Market

Sensex closes flat near 74,250 mark, Nifty settles above 22,500

On Friday, major indices of the stock market ended flat. While the Sensex gained 20.59 points to end at 74,248.22 points, the Nifty traded flat at 22,513.7 points.

05 Apr 2024

Spotify

Spotify appoints Christian Luiga as its new CFO

Spotify has announced the appointment of Christian Luiga as its new chief financial officer.

05 Apr 2024

Bob Iger

Disney to enforce password-sharing restrictions from June: CEO Bob Iger

Walt Disney's streaming service is set to implement password-sharing restrictions starting in June, as announced by CEO Bob Iger.

RBI makes cash deposits possible using UPI: Here's how

The Reserve Bank of India (RBI) has launched a new feature allowing customers to deposit cash into their bank accounts using the Unified Payments Interface (UPI) at cash deposit machines (CDMs).

RBI's new app will let you buy government bonds directly

The Reserve Bank of India (RBI) is preparing to launch a mobile application aimed at enhancing individual participation in government bonds.

05 Apr 2024

Cryptocurrency

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

Bitcoin has climbed 3.33% over the last 24 hours, trading at $67,614.60. It is 3.98% lower than the previous week.

RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to keep the repo rate steady at 6.5%, marking the seventh consecutive time this rate has been maintained.

05 Apr 2024

Apple

Apple fired 600 employees after canceling its EV, smartwatch projects

Apple terminated over 600 employees following the discontinuation of its electric car and smartwatch display projects, which were phased out at the end of February.

04 Apr 2024

Startups

Indian VC firm launches ₹350cr fund for boosting e-sports ecosystem

Centre Court Capital (CCC), a venture capital firm, has initiated a ₹350 crore fund aimed at strengthening the Indian e-sports ecosystem over the next three years.

04 Apr 2024

Stock Market

Sensex crosses 74,200 mark, Nifty settles above 22,500

On Thursday, the benchmark Sensex and Nifty indices saw gains.

04 Apr 2024

Byju Raveendran

From billionaire to zero: Byju Raveendran's net worth wiped out

Byju Raveendran, the co-founder of edtech giant BYJU'S, has been removed from Forbes's World's Billionaires List 2024.

04 Apr 2024

Bitcoin

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, XRP, Polygon

Bitcoin has lost 1.31% in the last 24 hours, trading at $65,501.77. It is down 5.95% from last week.

04 Apr 2024

Amazon

Amazon Web Services lays off hundreds of employees

Amazon Web Services (AWS), the global leader in cloud services, has confirmed the termination of several employees from its sales, marketing, and physical stores technology departments.

03 Apr 2024

Swiggy

Swiggy VP quits as top executives continue to depart

Swiggy, a prominent food delivery platform, is undergoing significant changes in its top management.

03 Apr 2024

Adobe

Adobe's Prativa Mohapatra lauds India's booming digital literacy

Managing Director of Adobe India, Prativa Mohapatra, on Wednesday highlighted the significant growth of digital literacy in India, despite ongoing challenges with conventional literacy.

03 Apr 2024

Stock Market

Sensex closes at 73,944 points, Nifty settles above 22,430 mark

On Wednesday, major indices of the stock market ended in the red.

03 Apr 2024

Jio

Vodafone Idea shareholders approve ₹20,000cr fundraise plan for 5G push

Shareholders of Vodafone Idea have approved a ₹20,000 crore fundraising initiative on April 3.

03 Apr 2024

Reliance Industries

Adani Power shares skyrocket to record highs: What's fueling rally?

Adani Power's shares reached a fresh record high on April 3, marking the fourth consecutive day of gains.

03 Apr 2024

Donald Trump

Trump Media sues co-founders of Truth Social: Here's why

Trump Media & Technology Group, the parent company of Truth Social and controlled by former President Donald Trump, has registered a lawsuit against co-founders Andy Litinsky and Wes Moss.