Business News
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'Rookie numbers': Musk scoffs at Telegram CEO's 100+ kids claim
In a surprising revelation shared with his 5.7M subscribers, Pavel Durov, the Founder and CEO of Telegram, announced he has over 100 biological children.
Ola Electric IPO: Bhavish Aggarwal could become richer by ₹288cr
Ola Electric, under the leadership of Bhavish Aggarwal, is preparing to launch its Initial Public Offering (IPO) on August 2.
US national debt surpasses $35 trillion for the first time
The United States's gross national debt has surpassed $35 trillion for the first time in history, according to data released by the US Treasury Department.
Kriti Sanon-backed skincare brand eyeing ₹500cr revenue by 2027
Hyphen, a skincare brand co-founded by PEP Technologies and Bollywood actor Kriti Sanon, has completed its first year of operations with a revenue of ₹100 crore.
Ola Electric's battery man makes more than the boss
Hyun Shik Park, a seasoned battery manufacturing expert with over three decades of experience at LG, has emerged as the highest-paid executive at Ola Electric in FY24.
Tap and pay: Paytm's new NFC soundbox revolutionizes offline payments
One 97 Communications Limited, the parent company of Paytm, has launched India's first 'NFC Card Soundbox.'
Waiting for ITR refund? Here's how long it may take
An Income Tax Refund (ITR) is issued by the Income Tax Department when you've overpaid your taxes.
No change in India's China FDI policy, clarifies Piyush Goyal
Union Commerce Minister Piyush Goyal said the government will not revise its stance on foreign direct investment (FDI) from China.
BSE-listed companies' m-cap crosses $5.5T mark for the first time
The total market capitalization of all companies listed on the Bombay Stock Exchange (BSE) has reached an unprecedented high, surpassing the $5.5 trillion milestone for the first time.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has lost 3.93% in the last 24 hours, trading at $66,696.65. It is 0.10% down compared to last week.
A guide to India's National Pension System (NPS)
The National Pension System (NPS) is a government-sponsored pension scheme in India. It aims to ensure financial security and stability for citizens in retirement.
What happens if you miss deadline to file tax returns
The final day to file the income tax returns (ITR) for the financial year 2023-24 is Wednesday, that is July 31.
Understanding personal accident insurance in India
Personal accident insurance is a safeguard against unforeseen incidents.
Maximizing savings with tax-saving investments in India
Navigating the tax-saving investment landscape in India can significantly impact your financial health.
Amazon Pay, Adyen, BillDesk secure RBI's cross-border payment license
Three major payment companies, Amazon Pay, Adyen and Mumbai-based BillDesk have obtained the cross-border payment aggregator license from the Reserve Bank of India (RBI).
SEBI widening scope of 'connected persons' to curb insider trading
The Securities and Exchange Board of India (SEBI) is proposing an expansion of regulations, aimed at curbing insider trading.
Rapido joins India's unicorn club after fresh $120 million funding
Rapido, an Indian ride-hailing platform, has achieved unicorn status after securing $120 million in fresh capital.
Blackstone may bid over ₹70,000cr for majority stake in Haldiram's
Blackstone Inc, a prominent private equity firm, wants to acquire a 51% stake in Haldiram's, the famous Indian snack maker and fast-food chain.
Vistara follows Air India's lead, introduces VRS for ground staff
Indian airline Vistara has followed Air India's lead by announcing a voluntary retirement scheme (VRS), and a voluntary separation scheme (VSS) for its permanent ground staff.
RBI announces 5-episode web series to mark 90-year milestone
The Reserve Bank of India (RBI) will launch a five-episode web series, celebrating its 90-year journey.
Lovin' it less? McDonald's sales see first decline since 2020
McDonald's has experienced a drop in sales for the first time since 2020, according to its second quarter report.
After Blue Dart, DTDC Express starts drone deliveries in India
DTDC Express, a prominent courier service in India, has collaborated with Skye Air Mobility for last-mile drone-based package deliveries.
Data breach costs in India skyrocket to $2.18m, RBI reports
The Reserve Bank of India (RBI) has reported a significant surge in the average cost of data breaches in the country, reaching $2.18 million in 2023.
Ola Electric IPO: This investor is set for 800% returns
Ola Electric, India's leading electric two-wheeler manufacturer, is gearing up for its much-anticipated Initial Public Offering (IPO) of over ₹6,100 crore.
This new credit card rule is a debt trap
Some Indian credit card users might be facing a hidden cost due to recent changes related to the billing process.
Ola Electric-rival Simple Energy raises $20M to expand EV business
Electric vehicle and clean energy startup, Simple Energy, has successfully secured $20 million in a Series A funding round.
MapMyIndia accuses Ola of copying data to develop Ola Maps
CE Info Systems, the parent company of MapMyIndia, has accused Ola Electric of illegally copying data to develop its recently launched Ola Maps.
Honeywell secures maintenance contract with Air India
Global conglomerate Honeywell announced a long-term agreement with Tata Group-owned Air India on Monday.
Indian government may allow Chinese investments in some sectors
The Indian government is reportedly considering the creation of a sector-specific list where Chinese investments could be allowed.
Bitcoin hits 6-week high of $69,500 after Trump's pro-crypto speech
Bitcoin, the world's largest digital asset, soared to a six-week high on Monday. This surge followed a pro-crypto speech by Republican presidential nominee Donald Trump over the weekend.
ITR 2024 deadline: Beat last-minute rush with these key steps
With the July 31 deadline for filing income tax returns for the financial year 2023-24 fast approaching, taxpayers are urged to act fast.
Understanding emergency funds for Indian households
Emergency funds act as a crucial financial safety net, designed to manage unexpected expenses or emergencies.
Building financial resilience with emergency funds in India
In today's unpredictable economic landscape, having an emergency fund is more crucial than ever for individuals in India.
Grimes's mother accuses Musk of 'withholding children' from meeting great-grandmother
Sandy Garossino, the mother of Canadian singer Grimes, has publicly accused tech billionaire Elon Musk of preventing Grimes-Musk's three children from visiting their dying great-grandmother.
Adani Wilmar posts ₹323cr profit in Q1, highest-ever EBITDA
Adani Wilmar, a collaboration between Adani Enterprises and Wilmar International, reported a substantial standalone net profit of ₹323 crore for the quarter ending June 30, 2024.
Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed 2.33% in the past 24 hours, trading at $69,298.15. It is 2.08% higher than last week.
Nifty, Sensex hit all-time highs: What's driving the rally
Indian benchmark indices Nifty and Sensex reached record highs on Monday morning, marking gains for the second consecutive session.
Ola Electric reveals IPO price band, aims to raise ₹6,100cr
Bengaluru-based electric two-wheeler manufacturer, Ola Electric, has set the price band for its upcoming initial public offering (IPO) at ₹72-76.
Understanding term insurance for Indian families
Term insurance is a straightforward form of life insurance.
Upcoming IPOs this week: Ola Electric, Rajputana Industries, and more
The primary market is preparing for a busy week starting July 29, with 10 initial public offerings (IPOs) scheduled.