Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
19 Aug 2024
Personal FinanceHere's how you can practice responsible investing
Responsible investing is becoming a key focus for investors around the world, including in India.
19 Aug 2024
Fixed DepositUnderstanding the benefits of flexi fixed deposits for Indian savers
Flexi fixed deposits combine the liquidity of a savings account with the high interest rates of a fixed deposit. They offer a versatile saving instrument for Indian savers.
19 Aug 2024
Air IndiaDomestic air traffic soars 7.3% to 1.3cr passengers in July
India's domestic air travel sector witnessed a significant surge in July, with over 1.29 crore passengers taking to the skies.
19 Aug 2024
AMDAMD acquires server manufacturer ZT Systems for $4.9 billion
Advanced Micro Devices (AMD) has announced its intention to acquire server manufacturer ZT Systems.
19 Aug 2024
iPhoneTata's ₹6,000cr Hosur iPhone plant to begin operations in November
Tata Electronics is set to commence operations at its new iPhone manufacturing plant in Hosur, Tamil Nadu, in November, according to Business Standard.
19 Aug 2024
National Payments Corporation of IndiaBiometrics could soon make UPI payments unhackable
The National Payments Corporation of India (NPCI) is reportedly exploring the integration of biometric authentication into Unified Payments Interface (UPI) transactions.
19 Aug 2024
Adani GroupAdani's cash reserves can cover debt payments for 2.5 years
The Adani Group has reported a significant increase in its cash reserves, which now account for 24.8% of the company's gross debt.
19 Aug 2024
Directorate General of Civil AviationKerala-based travel services company gets approval to launch airline: Report
Alhind Group, a prominent travel services provider based in Kerala, has obtained approval from the Civil Aviation Ministry to establish its own airline, as per CNBC-TV18.
19 Aug 2024
Disney+ HotstarJioCinema could absorb Disney+ Hotstar under Reliance's merger plans
Reliance Industries Limited (RIL) is reportedly planning to merge Disney+ Hotstar with its own streaming service, JioCinema, after the merger of Star India and Viacom18.
19 Aug 2024
Bank of BarodaIndia Inc records worst Q1 since COVID-19, profits decline 3%
India's corporate sector has experienced a significant 3.1% decline in profits for the first quarter of FY25, marking its worst Q1 performance since the onset of the COVID-19 pandemic in FY21.
19 Aug 2024
Indian GovernmentModi government is reportedly mulling 100% FDI in insurance sector
The Indian government is contemplating a proposal to increase the foreign direct investment (FDI) limit in the insurance sector, from 74% to 100% as per Times of India.
19 Aug 2024
GSTEducation Ministry intervenes as IITs receive GST non-payment notices
The Ministry of Education has intervened following the issuance of Goods and Services Tax (GST) non-payment notices to academic institutions, including the Indian Institute of Technology (IIT).
19 Aug 2024
Bombay Stock Exchange (BSE)Ola Electric shares double since market debut: Should you hold?
Ola Electric's shares have experienced a significant surge since their introduction on the stock exchange.
19 Aug 2024
BitcoinCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has lost 1.68% in the last 24 hours, trading at $58,467.31. It is down 0.23% from last week.
18 Aug 2024
FoxconnFoxconn's business in India surpasses $10 billion mark
Foxconn, the Taiwanese electronics giant, has seen its business in India surpass the $10 billion mark as of 2024.
18 Aug 2024
Hero MotoCorpHero MotoCorp slapped with ₹17 crore GST notice
Hero MotoCorp, India's leading two-wheeler manufacturer, has received a tax demand notice exceeding ₹17 crore.
18 Aug 2024
Initial Public Offering (IPO)JSW Cement plans to raise ₹400 crore before going public
JSW Cement, a prominent player in the Indian cement industry, is contemplating a pre-initial public offering (IPO) placement to raise up to ₹400 crore.
18 Aug 2024
Burger KingBurger King loses 13-year-long trademark dispute against namesake in Pune
Pune-based eatery Burger King, has triumphed in a 13-year-long legal dispute against the global fast-food chain, US-based Burger King Corporation.
18 Aug 2024
IndiaRakhi festive sales projected to cross ₹12,000 crore mark
The Confederation of All India Traders (CAIT) has projected that the nationwide sales during the Rakhi festival will surpass ₹12,000 crore.
18 Aug 2024
India12% of spice samples tested in India fail quality checks
Almost 12% of tested spice samples in India have failed to meet the required quality and safety standards, as per data obtained by Reuters.
18 Aug 2024
IndiaIndia's US securities holdings touch record $241.9B in June
India's holdings of US government securities have reached a record high of $241.9 billion in June.
18 Aug 2024
CognizantAfter backlash, Cognizant clarifies ₹2.5 lakh salary offer for freshers
Cognizant, a leading IT company, has clarified its stance on the recent social media controversy surrounding an annual salary offer of ₹2.52 lakh for freshers.
18 Aug 2024
InfosysMarket cap of India's top 7 firms up ₹1.4L crore
Seven of the most valued companies in India, witnessed a significant increase in their combined market valuation last week.
18 Aug 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Dogecoin, Tether, Bitcoin, Ethereum
Bitcoin has climbed by 0.38% in the past 24 hours, and is now trading at $59,463.49. It is 2.44% lower than last week.
17 Aug 2024
The Walt Disney CompanyUS halts Disney-Fox-WB's upcoming sports streaming service over antitrust concerns
A federal judge in New York has temporarily halted the launch of Venu Sports, a live sports streaming service by Disney, Fox, and Warner Bros. Discovery.
17 Aug 2024
Foreign InvestmentFPIs sell Indian equities worth ₹21,200 crore in August
Foreign portfolio investors (FPIs) have emerged as net sellers of Indian equities in the first half of this month.
17 Aug 2024
BlinkitBlinkit goes global for Raksha Bandhan, promises 10-minute delivery
Blinkit has expanded its services to international markets till August 19 in celebration of Raksha Bandhan.
17 Aug 2024
Initial Public Offering (IPO)4 new IPOs to hit Indian market next week
The initial public offering (IPO) market in India is set for another bustling week, with four new offerings scheduled to open for subscription.
17 Aug 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has risen 1.60% over the last 24 hours to now trade at $59,240.80. It is down by 1.96% from last week.
16 Aug 2024
Elon MuskShark Tank judge calls Elon Musk a modern-day Batman
Kevin O'Leary, a prominent figure from the popular TV show Shark Tank, has drawn parallels between Tesla CEO Elon Musk and fictional superhero Bruce Wayne aka Batman.
16 Aug 2024
Adani GroupSEBI chief Buch's earnings from consultancy firm raise regulatory concerns
Madhabi Puri Buch, the head of India's Securities and Exchange Board (SEBI), is facing scrutiny over her financial ties to a consultancy firm.
16 Aug 2024
CryptocurrencyOnce a crypto critic, Donald Trump amasses Ethereum worth millions
Former US President Donald Trump, who previously criticized cryptocurrencies as a "scam," now owns between $1 million and $5 million in Ethereum.
16 Aug 2024
Mutual FundsExploring smart money moves for Indian millennials
In an era where financial stability is challenging, Indian millennials seek ways to better manage their finances.
16 Aug 2024
FinanceNavigating festive budgeting challenges
Festivals in India are times of joy, celebration, and, unfortunately, often financial stress.
16 Aug 2024
FinanceExploring the benefits of mobile wallets in India
In the modern, fast-paced world of India, mobile wallets have emerged as a significant change-maker in handling financial transactions.
16 Aug 2024
FoxconnFoxconn explores Hyderabad expansion, Chairman Young Liu meets Telangana CM
Foxconn's Chairman Young Liu has expressed a strong interest in investing in Hyderabad.
16 Aug 2024
Income Tax Department of IndiaITR refund scam: How to spot it and protect yourself
The Income Tax Department of India is urging taxpayers to be vigilant against a recurring scam targeting ITR refunds for FY2023-24 (assessment year 2024-25).
16 Aug 2024
State Bank of India (SBI)SBI hikes lending rate: How it'll impact your loan EMIs
State Bank of India (SBI) has announced an increase in its interest rates on loans by 10 basis points across all tenures.
16 Aug 2024
Elon MuskThis is Elon Musk's favorite interview question
Elon Musk, the CEO of Tesla and founder of SpaceX, has a unique approach to identifying honesty in job applicants.
16 Aug 2024
National Payments Corporation of IndiaUPI Circle lets you share UPI account: How it works
The National Payments Corporation of India (NPCI) has launched a new feature called 'UPI Circle-Delegate Payments' on its Unified Payments Interface (UPI) platform.
