Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
18 Apr 2024
AmazonEx-Google, Amazon recruiters advise against LinkedIn's 'Open to Work' badge
Two former recruitment professionals from Google and Amazon have advised job seekers against using LinkedIn's "Open to Work" badge.
18 Apr 2024
GoogleGoogle announces fresh job cuts amid AI-focused reorganization
Google has announced a significant reorganization strategy that will result in job cuts. The majority of these lay offs will be in the company's financial sector.
18 Apr 2024
AgraElon Musk prepares for 2-day India visit: What's on agenda
Tesla CEO Elon Musk is gearing up for a brief but packed two-day visit to India.
18 Apr 2024
PaytmPaytm migrates users to new UPI IDs: Know key changes
One97 Communications Limited (OCL), the parent company of Paytm, has started transitioning its users to partner payment service provider (PSP) banks. These include Axis Bank, HDFC Bank, SBI, and Yes Bank.
18 Apr 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has shed 3.75% over the last 24 hours, trading at $61,790.37. It is 12.38% lower than the previous week.
18 Apr 2024
AsiaUS to grant $6B to Micron for semiconductor chip production
Micron Technology Inc., a prominent US computer chip manufacturer, is poised to secure over $6 billion in grants from the US Commerce Department.
17 Apr 2024
Elon MuskTesla urges shareholders to reapprove Musk's $56 billion package
Tesla, the electric vehicle manufacturer, is encouraging its shareholders to reapprove a substantial $56 billion compensation package for CEO Elon Musk.
17 Apr 2024
AsiaIndia to lead global economic race with 6.8% growth: IMF
The International Monetary Fund (IMF) has revised its global growth forecast to 3.2% for 2024, a slight increase from the previous year's projection of 3.1%.
17 Apr 2024
Layoff NewsGTA maker Take-Two Interactive announces job cuts and project terminations
Take-Two Interactive Software, the renowned creator of the Grand Theft Auto game series, has announced a 5% reduction in its workforce.
17 Apr 2024
Indian GovernmentIndia negotiates with NVIDIA for GPUs to advance AI Mission
The Indian government is reportedly negotiating a deal with chip-manufacturing giant NVIDIA.
17 Apr 2024
Elon MuskMusk to engage with space tech start-ups during India visit
SpaceX CEO Elon Musk, is scheduled to meet with emerging space tech start-ups from India, during his visit to the country on April 22.
17 Apr 2024
Serum Institute of IndiaSerum Institute partners with Oxford University to combat Meningitis-B
The Serum Institute of India has entered into a five-year licensing deal with the University of Oxford, according to a press release on Tuesday (April 16).
17 Apr 2024
PhonePeNPCI plans to counter PhonePe, Google's dominance in UPI payments
India's National Payments Corporation (NPCI), the regulatory body for the Unified Payments Interface (UPI) mobile payment system, is planning strategic discussions with various fintech startups.
17 Apr 2024
Ashwini VaishnawVodafone Idea secures ₹5,400 crore from anchor investors
Vodafone Idea has successfully raised ₹5,400 crore from anchor investors.
17 Apr 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has climbed 3.38% in the past 24 hours, trading at $64,196.38. It is 7.09% lower than last week.
16 Apr 2024
Federal ReserveMorgan Stanley forecasts no rate cuts for India in 2024-25
Morgan Stanley's team of analysts predicts that India is unlikely to lower its interest rates in the fiscal year 2024-25.
16 Apr 2024
StartupsMeesho's $500M funding round attracts several VC firms
Indian e-commerce platform, Meesho, is reportedly drawing attention from several venture capital firms for its ongoing funding round.
16 Apr 2024
ChinaMicrosoft invests $1.5 billion in UAE's AI company G42
Microsoft has announced a substantial investment of $1.5 billion in G42, the leading artificial intelligence company in the United Arab Emirates (UAE).
16 Apr 2024
Stock MarketSensex slips to 72,943 points, Nifty settles below 22,150 mark
On Tuesday, the benchmark Sensex and Nifty indices were on a downward trend.
16 Apr 2024
Deepinder GoyalZomato launches India's first large-order delivery fleet for big events
Zomato has announced a new initiative in India, introducing a large-scale delivery fleet specifically designed to cater to big gatherings of up to 50 people.
16 Apr 2024
Reserve Bank Of India (RBI)RBI to implement new loan information disclosure rules from October
The Reserve Bank of India (RBI) is set to introduce new rules from October 1, 2024, aimed at providing comprehensive loan information to individuals and businesses.
16 Apr 2024
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 4.33% in the last 24 hours, trading at $63,404.04. It is 9.32% down compared to last week.
16 Apr 2024
ChatGPTOpenAI enters Asia with its first office in Japan
OpenAI, a leading player in the artificial intelligence (AI) industry, has expanded its global footprint by opening its first Asian office in Tokyo, Japan.
16 Apr 2024
MumbaiRBI imposes withdrawal restrictions on two co-operative banks: Here's why
The Reserve Bank of India (RBI) has imposed withdrawal restrictions on two co-operative banks, Sarvodaya Co-operative Bank in Mumbai and the National Urban Co-operative Bank Ltd in Pratapgarh, Uttar Pradesh.
16 Apr 2024
BharatPeBharatPe appoints Nalin Negi as new CEO
BharatPe has promoted Nalin Negi to the position of Chief Executive Officer.
16 Apr 2024
IndiaIndia greenlights onion export to Sri Lanka and UAE
The Directorate General of Foreign Trade (DGFT) has announced that India has approved the export of 10,000 tons of onions to Sri Lanka.
16 Apr 2024
ChinaChina's Q1 GDP growth exceeds expectations, reaches 5.3%
China's gross domestic product (GDP) growth for the first quarter of 2024 has reached 5.3%, according to data released by the National Bureau of Statistics.
15 Apr 2024
FinanceZerodha co-founder Nikhil Kamath launches 'WTFund' for Gen Z entrepreneurs
Billionaire Nikhil Kamath, co-founder of Zerodha, has introduced WTFund, a unique non-dilutive grant agnostic fund.
15 Apr 2024
SonyNCLAT to hear Zee-Sony merger disputes on May 17
The National Company Law Appellate Tribunal (NCLAT) has scheduled a hearing for the disputes surrounding the Zee-Sony merger on May 17.
15 Apr 2024
Initial Public Offering (IPO)Nepalese billionaire behind Wai Wai noodles plans India unit's IPO
Nepalese billionaire Binod Chaudhary, who amassed his wealth through the instant noodle business, has announced plans to take his conglomerate, Chaudhary Group's (CG) food division in India, public by 2026.
15 Apr 2024
Stock MarketSensex tanks 845 points, Nifty settles below 22,275 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a slump.
15 Apr 2024
Elon MuskElon Musk announces layoffs at Tesla, impacting 14,000 employees
Tesla, the world's leading electric vehicle company, has confirmed plans to lay off more than 10% of its global workforce.
15 Apr 2024
NBFCAditya Birla Capital set to launch comprehensive fintech super app
Aditya Birla Capital Ltd., a leading non-banking financial company (NBFC) in India, is preparing to launch an all-encompassing fintech super app named 'ABCD.'
15 Apr 2024
BitcoinBitcoin halving: Will this week's event spark a crypto boom?
The cryptocurrency world is eagerly awaiting the forthcoming Bitcoin 'halving' event, predicted to take place on or before April 19.
15 Apr 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has risen 1.54% over the last 24 hours to trade at $64,902.71. It is down 6.49% from last week.
15 Apr 2024
BYJU'SBYJU'S India CEO Arjun Mohan resigns, founder Raveendran takes charge
Arjun Mohan, the CEO of BYJU'S India, has resigned from his position just over six months after assuming it.
15 Apr 2024
Elon MuskTesla partners with Tata Electronics for semiconductor supply
US electric vehicle manufacturer Tesla has formed a strategic partnership with Tata Electronics for the procurement of semiconductor chips, as per the Economic Times.
14 Apr 2024
Gross Domestic ProductStates' fiscal deficit for FY24 expected near 3.1% of GDP
Citi Research has forecast that the fiscal deficits of states for the financial year 2023-24 (FY24) will align with the original budgeted estimate of 3.1% of the Gross Domestic Product (GDP).
14 Apr 2024
VedantaVedanta secures ₹4,000 crore loan for energy expansion in India
Vedanta has secured a loan of ₹3,900-4,000 crore from the state-run Power Finance Corporation Ltd (PFC).
14 Apr 2024
Stock MarketMarket valuation of 7 Indian firms skyrocketed by ₹59,404 crore
In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.
