Business News

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CCI approves ₹70,350 crore merger of Reliance and Disney India

The Competition Commission of India (CCI) has given its approval for the ₹70,350 crore merger between Reliance Industries (RIL) and Disney's Indian media assets.

28 Aug 2024

Mutual Funds

Groww launches new features to protect F&O traders from losses

Groww, a leading brokerage firm in India, has launched three innovative features aimed at minimizing losses for futures and options (F&O) traders.

Should you invest in Nifty Microcap 250 over Nifty 50?

The Nifty Microcap 250 index, a unique investment opportunity for retail investors, is gaining traction in India.

28 Aug 2024

Zomato

Zomato's new platform tackles corporate food reimbursement hassles

Zomato has launched 'Zomato for Enterprise (ZFE)' today. This new platform aims to revolutionize business food expense management, addressing a common pain point for both companies and employees.

28 Aug 2024

NVIDIA

After Adani, Hindenburg accuses this IT giant of accounting fraud

Hindenburg Research, a US-based renowned investment research firm and short-seller, has published a report accusing Super Micro Computer Inc. of alleged accounting manipulation and sanctions evasion.

28 Aug 2024

Apple

Apple lays off 100 employees in digital services division

Apple has made a significant move by laying off approximately 100 employees from its services group.

27 Aug 2024

Zee

Zee Entertainment terminates $10 billion deal with Sony India

Zee Entertainment has announced a settlement agreement with Culver Max Entertainment Private Limited (CMEPL), formerly known as Sony India, and Bangla Entertainment Private Limited (BEPL).

27 Aug 2024

Insurance

Understanding renters' insurance in India

Renters' insurance, often overlooked by tenants, serves as a safety net. It protects personal belongings and provides liability coverage.

27 Aug 2024

Finance

Understanding gold savings schemes in India

In India, gold symbolizes wealth and security, making it a favored investment.

27 Aug 2024

Mutual Funds

Understanding mutual fund dividends for Indian investors

Mutual fund dividends are a way for investors in India to earn from their investments without selling their holdings.

27 Aug 2024

BigBasket

BigBasket to open 600 dark stores to rival Zepto, Blinkit

BigBasket, a Tata-owned company, is preparing to strengthen its position in the quick commerce sector dominated by Blinkit, Swiggy Instamart, and Zepto.

LG targets $75B revenue by 2030, considers Indian IPO

LG Electronics, a leading South Korean tech firm, is contemplating an initial public offering (IPO) for its Indian division.

27 Aug 2024

Paramount Pictures

Seagram's heir Edgar Bronfman Jr. withdraws from Paramount acquisition race

Media mogul and Seagram's gin heir Edgar Bronfman Jr. has withdrawn his bid to acquire Paramount Global.

27 Aug 2024

Cryptocurrency

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

Bitcoin has slipped by 1.54% in the past 24 hours to trade at $63,058.77. It is 3.50% higher than the week before.

27 Aug 2024

Apple

Apple's CFO Luca Maestri steps down, Kevan Parekh named successor

Apple's Chief Financial Officer (CFO) Luca Maestri is set to step down from his role at the end of this year.

26 Aug 2024

Finance

Understanding Health Savings Accounts in India

Health Savings Accounts (HSAs) are vital financial tools for Indian families. They effectively manage healthcare expenses by allocating funds into these accounts.

26 Aug 2024

Finance

Mastering digital wallets for budget tracking

In today's fast-paced world, efficiently managing finances is crucial for individuals across India.

26 Aug 2024

Finance

Cultivating a healthy credit score: Essential tips for Indians

A healthy credit score is crucial for financial stability and access to loans in India.

26 Aug 2024

Uber

Uber slapped with €290M fine for unauthorized cross-border data transfer

Uber, the ride-hailing platform, has been charged with a hefty €290 million (nearly ₹2,715 crore) fine by the Dutch Data Protection Authority (DPA).

26 Aug 2024

IndiGo

IndiGo parent expands hospitality business with Miiro hotels in Europe

InterGlobe Enterprises, a significant stakeholder in IndiGo airline, has expanded its hospitality division into Europe with the launch of boutique lifestyle hotels, Miiro.

BHEL signs ₹11,000cr deal with Adani for supercritical power projects

Bharat Heavy Electricals Limited (BHEL) has secured a contract worth over ₹11,000 crore from Adani Power Limited (APL) and its subsidiary Mahan Energen Limited (MEL).

26 Aug 2024

Bajaj Finance

These stocks could have turned your ₹10,000 into ₹1 crore

Investing in the stock market requires skill, foresight, and patience. It's not always easy to predict market trends or evaluate a company's potential.

26 Aug 2024

PhonePe

PhonePe turns profitable, clocks ₹5,064 crore revenue in FY24

PhonePe, a leading player in the digital payments sector, has reported a significant 74% increase in its revenue for the fiscal year ending March 2024.

26 Aug 2024

Paytm

SEBI issues notices to Paytm founder, directors over IPO violations

The Securities and Exchange Board of India (SEBI) has served show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm's parent company), and several board members.

TCS shares have turned ₹5,950 into ₹1.25L in 20 years

Tata Consultancy Services (TCS), a leading global IT services provider, has marked its 20th year of listing on the Indian stock market.

26 Aug 2024

Telegram

Telegram-linked cryptocurrency loses $2.7 billion after CEO's arrest

Toncoin, a digital asset associated with the blockchain project, The Open Network (TON), has experienced a significant market value loss of approximately $2.7 billion.

FPIs offload NSE shares amid IPO delay, increased BSE competition

Foreign portfolio investors (FPIs) are exhibiting a bearish trend toward the National Stock Exchange (NSE), as data reveals a significant sell-off of NSE shares.

26 Aug 2024

Paytm

Paytm shares surge 54% in 3 months: What's fueling rally?

Shares of One97 Communications, the parent firm of Paytm, have witnessed a significant recovery recently.

INR depreciates 0.60% in current FY, lags behind Asian peers

The Indian Rupee (INR) has experienced a significant depreciation compared to other Asian currencies in the current fiscal year (FY).

RBI announces Unified Lending Interface for seamless credit access

Reserve Bank of India (RBI) Governor Shaktikanta Das, has announced a new technological platform called the Unified Lending Interface (ULI).

26 Aug 2024

Cryptocurrency

Today's cryptocurrency prices: Check rates of Bitcoin, BNB, Ethereum, Solana

Bitcoin has lost 0.19% in the last 24 hours, trading at $64,046.84. It is 9.38% up compared to last week.

26 Aug 2024

Uber

Uber Black premium ride-hailing service to make comeback in India

Uber, the global ride-hailing giant, is set to reintroduce its premium service Uber Black in India.

26 Aug 2024

San Francisco

San Francisco remains top choice for AI start-ups in 2024

San Francisco continues to be a magnet for artificial intelligence (AI) start-ups in 2024, attracting both local and international founders.

26 Aug 2024

Akasa Air

IndiGo-rival Akasa Air to raise $1 billion for expansion

Akasa Air, India's latest entrant in the aviation sector, is planning to raise up to $1 billion over the next three years.

26 Aug 2024

Andhra Pradesh

Centre to approve ₹25,000cr for industrial parks in 3 states

The Indian government is preparing to greenlight new 'industrial cities' in several Indian states including Telangana, Andhra Pradesh, Bihar, Uttarakhand, Uttar Pradesh, Punjab, and Kerala.

25 Aug 2024

Foxconn

Foxconn urges Indian women to take leadership roles in tech

Foxconn, a leading iPhone manufacturer, is encouraging its female employees in India to assume leadership roles in design and technology-related positions.

25 Aug 2024

Anil Ambani

Anil Ambani to take 'appropriate steps' after SEBI's ban

Business magnate Anil Ambani is currently assessing a recent order from the Securities and Exchange Board of India (SEBI), which has barred him from the capital markets for five years.

25 Aug 2024

Amazon

Edgar Bronfman Jr. eyes partnership with tech giants for Paramount

Edgar Bronfman Jr., a seasoned media executive, is considering a strategic partnership with tech giants like Amazon or Apple to bolster Paramount Global's streaming TV business, according to Bloomberg.

25 Aug 2024

Startups

TPG to invest $150M in Indian edtech start-up Eruditus

Eruditus, an Indian edtech start-up, is reportedly on the verge of securing a significant investment from TPG, a major private equity player.

25 Aug 2024

Foreign Investment

FPIs invest ₹11,366 crore in Indian debt market this August

Foreign portfolio investors (FPIs) have invested a substantial amount of ₹11,366 crore into the Indian debt market in August 2024.