Business News
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23 Apr 2024
Bharti AirtelVodafone Idea raises crucial funds through India's largest FPO
Vodafone Idea, a prominent telecom service provider currently facing challenges, has successfully concluded its ₹18,000 crore follow-on public offer (FPO), setting a new record as the largest FPO in Indian history.
23 Apr 2024
BitcoinToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed 1.05% in the past 24 hours to trade at $66,416.33. Compared to last week, it is 7.44% up.
23 Apr 2024
Adani GroupSEBI finds 12 offshore funds violated rules in Adani transactions
The Securities and Exchange Board of India (SEBI), the nation's market regulator, has found that 12 offshore funds violated disclosure rules and exceeded investment limits in their transactions with Adani Group companies.
22 Apr 2024
AppleApple India stores mark successful first year with strong sales
Apple's premier stores in India, Apple BKC in Mumbai and Apple Saket in New Delhi, have reported robust sales during their inaugural year.
22 Apr 2024
Stock MarketSensex gains 560 points, Nifty settles above 22,330 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
22 Apr 2024
StartupsGood Glamm Group receives default notices over unpaid acquisition debts
The Good Glamm Group, a content-to-commerce company, has been served default notices by the founders of Sirona Hygiene and The Moms Co, as well as the Indian Angel Network (IAN).
22 Apr 2024
Artificial Intelligence and Machine LearningPentagon poured $53 billion into tech companies; backing AI innovations
The Pentagon is significantly investing in Big Tech and emerging Silicon Valley companies, specifically targeting artificial intelligence (AI) innovations.
22 Apr 2024
Yes BankDubai's Emirates NBD considers acquiring controlling stake in Yes Bank
Dubai's leading bank, Emirates NBD, is reportedly considering a bid to acquire a controlling stake in Yes Bank, one of India's top private sector banks.
22 Apr 2024
Reserve Bank Of India (RBI)RBI directs payment companies to monitor election period transactions
The Reserve Bank of India (RBI) has issued a directive to all non-banking payment system operators (PSOs).
22 Apr 2024
ZomatoZomato increases platform fee by 25%, halts Intercity Legends service
Zomato has announced a 25% increase in its platform fee, taking it to ₹5 per order, ahead of its financial results for the March quarter.
22 Apr 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Tether, Ethereum, and Dogecoin rates
Bitcoin has climbed by 0.95% in the past 24 hours, and is now trading at $65,767.87. It is 1.34% higher than last week.
21 Apr 2024
IndiaIndia's direct tax collections surged by 17.7% in FY2024
India's fiscal year ending in March 2024, witnessed a significant increase of 17.7% in net direct tax collections, reaching ₹19.58 crore, according to the tax department.
21 Apr 2024
Foreign InvestmentForeign investors pull out ₹5,200 crore from Indian equities
In April, foreign investors withdrew over ₹5,200 crore from Indian stocks.
21 Apr 2024
Mutual FundsHybrid mutual funds witness inflows worth ₹1.45 lakh crore
The fiscal year 2023-24 has marked a significant revival in hybrid mutual fund schemes, attracting an impressive ₹1.45 lakh crore in investments.
21 Apr 2024
National Payments Corporation of IndiaNPCI to outline methods for enforcing 30% UPI market limit
The National Payments Corporation of India (NPCI) has set a 30% cap on Unified Payments Interface (UPI) market share, leaving the industry in anticipation.
21 Apr 2024
Employees' Provident Fund Organisation (EPFO)EPFO subscriber surge signifies employment boost in fiscal 2024
The Employees' Provident Fund Organisation (EPFO) has seen a membership growth of over 19% YoY, reaching 1.65 crore members in fiscal 2024, according to the latest payroll data.
21 Apr 2024
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Dogecoin, Ethereum, and Tether rates
Bitcoin has climbed by 1.50% in the past 24 hours, and is now trading at $65,153.81. It is 1.78% higher than last week.
21 Apr 2024
ICC T20 World CupNandini dairy to sponsor Scotland, Ireland T20 World Cup teams
Karnataka Milk Federation (KMF), renowned for its Nandini dairy products, has announced its sponsorship of Scotland and Ireland cricket teams in the forthcoming T20 World Cup.
20 Apr 2024
HDFC BankHDFC Bank reports marginal rise in Q4 net profit, NII
HDFC Bank has disclosed its Q4 results, indicating a slight uptick in net profit and net interest income (NII).
20 Apr 2024
BitcoinBitcoin's 'halving' update successfully implemented, miners affected
The much-anticipated "halving" update to Bitcoin's software has been successfully implemented, dealing a blow to firms profiting from ensuring smooth, secure digital currency operations.
20 Apr 2024
ZomatoZomato faces ₹11.82 crore GST demand notice: Here's why
Zomato has been issued a tax demand and penalty order totaling ₹11.82 crore, by the Additional Commissioner, Central Goods and Services Tax, Gurugram.
20 Apr 2024
InfosysWipro, TCS, Infosys collectively lost 63,759 workers in FY24
In a first occurrence over the past two decades, leading Indian IT companies Tata Consultancy Services (TCS), Infosys, and Wipro have reported a collective annual decrease in their workforce.
20 Apr 2024
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has climbed by 2.83% in the past 24 hours, trading at $64,087.23. It is 5.48% lower than last week.
20 Apr 2024
Elon MuskTesla CEO Elon Musk postpones anticipated visit to India
Elon Musk, the CEO of Tesla, has postponed his two-day trip to India, according to Reuters.
19 Apr 2024
TeslaTesla spent $200,000 to advertise on X
Tesla has disclosed in a recent Securities and Exchange Commission (SEC) filing that it spent $200,000 in advertising on X.
19 Apr 2024
WiproWipro's net profit falls 8% to ₹2,835 crore in Q4
Wipro has reported an 8% decrease in net profit for the fourth quarter of FY24, with figures dropping to ₹2,835 crore from ₹3,074.5 crore during the same period last year.
19 Apr 2024
Stock MarketSensex gains nearly 600 points, Nifty settles near 22,150 mark
On Friday, the benchmark Sensex and Nifty indices opened in red but reversed the trend to record gains.
19 Apr 2024
FlipkartFlipkart's merger deal with Zepto crashes: What went wrong?
Negotiations for a potential merger between e-commerce giant Flipkart and quick commerce startup Zepto have reportedly collapsed.
19 Apr 2024
ChatGPTOpenAI hires first employee in India to spearhead AI policy
OpenAI, the organization behind ChatGPT, has hired its first employee in India, Pragya Misra.
19 Apr 2024
NetflixNetflix to stop disclosing subscriber count from 2025
Netflix has recently announced its decision to stop revealing its subscriber count starting from the first quarter of 2025.
19 Apr 2024
InfosysNarayana Murthy's 5-month-old grandson to receive ₹4cr from Infosys dividend
Ekagrah Rohan Murty, the five-month-old grandson of billionaire Narayana Murthy, is set to receive a dividend income of ₹4.2 crore from his stake in Infosys.
19 Apr 2024
FinanceGodrej family begins formal division of century-old conglomerate
The prominent Godrej family has reportedly begun the formal division of their extensive empire, with a focus on imminent divestments.
19 Apr 2024
Layoff NewsAI startup behind Stable Diffusion trims its workforce by 10%
Stability AI, the company behind Stable Diffusion AI image generator, has confirmed significant job cuts amidst a series of internal struggles.
19 Apr 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has climbed 1.13% over the last 24 hours, trading at $62,486.64. It is 11.99% lower than the previous week.
19 Apr 2024
NetflixNetflix surpasses market predictions with $2.3B profit and subscriber surge
Netflix, the leading streaming platform, has announced a significant increase in both profit and subscriber count, exceeding market expectations.
19 Apr 2024
ChatGPTMicrosoft and OpenAI's partnership faces potential EU antitrust probe
Microsoft's significant $13 billion investment in OpenAI is reportedly under the scrutiny of the European Union (EU) for a potential antitrust investigation.
19 Apr 2024
IranCrude oil prices jump 4% as Israel strikes on Iran
Crude oil prices experienced a significant surge of over 4% on Friday, largely attributed to escalating tensions in the Middle East, particularly between Iran and Israel.
18 Apr 2024
InfosysInfosys's Q4 profit surges 30% to ₹7,969 crore
Infosys has announced a substantial 30% increase in its consolidated profit for the fourth quarter ending March 2024.
18 Apr 2024
Stock MarketSensex tanks over 450 points, Nifty settles below 22,000 mark
On Thursday, the benchmark Sensex and Nifty indices witnessed a slump.
18 Apr 2024
Elon MuskWhat Musk's Tesla pay package vote means for his wealth
Elon Musk, the influential founder and CEO behind Tesla, is calling on shareholders to reapprove his $56 billion compensation package initially approved in 2018.
