Business News
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16 Sep 2024
Adani GroupREInvest 2024: Adani commits ₹4.05L crore to renewable energy projects
The Adani Group has announced a substantial investment of ₹4.05 lakh crore in renewable energy projects, at the 4th Global Renewable Energy Investors Meet & Expo (REInvest) 2024.
16 Sep 2024
Securities and Exchange Board of IndiaSEBI backtracks, will now address protesting employees' concerns 'amicably'
The Securities and Exchange Board of India (SEBI) has withdrawn its previous statement, that attributed recent employee protests against its work culture to "external elements."
16 Sep 2024
Foreign InvestmentAfter lackluster August, FIIs invest $3.3B in equities this September
Foreign institutional investors (FIIs) have made significant purchases of Indian equities this month, investing a total of $3.3 billion so far.
16 Sep 2024
HDFC BankUPI transaction limit increased to ₹5L lakh for these categories
The National Payments Corporation of India (NPCI) has announced an increase in the transaction limit for certain Unified Payments Interface (UPI) payments, including tax payments.
16 Sep 2024
GujaratREInvest: Torrent Power pledges ₹64,000cr investment in renewable energy projects
Torrent Power, a prominent player in the utilities sector, has pledged an investment of over ₹64,000 crore toward renewable energy projects by 2030.
16 Sep 2024
Initial Public Offering (IPO)Top 5 IPOs with highest listing day gains in 2024
The year 2024 has seen a surge in initial public offerings (IPOs) by Indian companies, with over 50 new stocks making their debut on the National Stock Exchange of India (NSE).
16 Sep 2024
Narendra ModiPM Modi inaugurates REInvest 2024 renewable energy summit in Gujarat
Prime Minister Narendra Modi has inaugurated the fourth edition of REInvest 2024 green energy summit, today in Gandhinagar, Gujarat.
16 Sep 2024
NiftySensex, Nifty touch new highs amid global market optimism
The BSE Sensex and NSE Nifty 50 reached record-breaking highs today, driven by positive global signals and robust performance in the energy and banking sectors.
16 Sep 2024
Initial Public Offering (IPO)Bajaj Housing Finance shares debut at 114% premium
Bajaj Housing Finance made a robust entry into the stock markets today, with its shares debuting at a 114% premium over the initial public offering (IPO) issue price.
16 Sep 2024
Initial Public Offering (IPO)Bajaj Housing Finance listing today: What investors need to know
Bajaj Housing Finance is set to make its debut on the stock market today, following a highly successful initial public offering (IPO) that garnered subscriptions worth ₹3.23 lakh crore.
15 Sep 2024
Indian GovernmentModi government may form panel to regulate online gaming platforms
The Indian government is considering the establishment of an inter-departmental committee, to regulate online gaming platforms.
15 Sep 2024
SwiggySwiggy eyes IPO filing this week, aims to raise $1B
Swiggy, a prominent Indian food delivery platform, is preparing for its domestic initial public offering (IPO) this week, according to Bloomberg.
15 Sep 2024
BoeingBoeing workers could continue to strike for better benefits
Boeing is currently facing its first strike in 16 years, as over 30,000 factory workers demand higher wages and an improved pension scheme.
15 Sep 2024
Reserve Bank Of India (RBI)RBI to overhaul currency management infrastructure over next 5 years
The Reserve Bank of India (RBI) has announced plans to significantly overhaul its currency management infrastructure within the next four to five years.
15 Sep 2024
Artificial Intelligence and Machine Learning90% of Indian financial institutions prioritize AI for innovation: PwC
A recent report by PwC India, titled 'Mapping the FinTech innovation landscape in India,' reveals that 90% of Indian financial institutions are prioritizing artificial intelligence (AI) and generative artificial intelligence (GenAI).
15 Sep 2024
IndiaIndia seeks South Korean, Japanese investments to boost shipbuilding sector
India is actively seeking investments and technology transfer from South Korea and Japan, with the aim of establishing shipbuilding and ship repair clusters.
15 Sep 2024
United States of AmericaUS Federal Reserve may announce a rate cut this Wednesday
The US Federal Reserve is preparing to announce its first interest rate reduction in over four years, this Wednesday.
15 Sep 2024
Bharti AirtelMarket cap of top 9 companies jumps ₹2L crore
Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.
15 Sep 2024
Mutual FundsThis MF turned a ₹1L investment into ₹15L in 18-years
The DSP Mid Cap Fund, a mutual fund scheme that primarily invests in mid-cap stocks, has demonstrated the power of compounding returns over time.
15 Sep 2024
OpenAIOpenAI transitioning to for-profit structure: What it means for investors
OpenAI, the renowned artificial intelligence (AI) research lab, is set to undergo a significant transformation in its corporate structure.
15 Sep 2024
GSTGST evasion in India climbs to ₹2.01L crore in FY24
Goods and Services Tax (GST) evasion in India has seen a significant surge, reaching ₹2.01 lakh crore for the fiscal year 2023-24.
14 Sep 2024
AmazonSamsung, Xiaomi accused of anti-competitive practices in India
The Competition Commission of India (CCI) has accused major smartphone manufacturers including Samsung and Xiaomi, of violating antitrust laws, according to Reuters.
14 Sep 2024
Reserve Bank Of India (RBI)RBI levies up to ₹23L fines on 3 NBFCs
The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs), for regulatory violations and non-adherence to RBI directives.
14 Sep 2024
Foreign InvestmentFPIs invest nearly ₹27,860 crore in Indian equities this September
Foreign portfolio investors (FPIs) have made a significant return to the Indian market this September, by investing a substantial ₹27,856 crore in equities.
14 Sep 2024
Initial Public Offering (IPO)LG Electronics taps leading banks for potential $1.5B Indian IPO
LG Electronics, a leading South Korean company, is preparing for the initial public offering (IPO) of its Indian subsidiary. The potential IPO could generate up to $1.5 billion.
14 Sep 2024
Initial Public Offering (IPO)India's IPO market to witness 7 new launches next week
India's primary market is set to welcome seven new initial public offerings (IPOs) next week, including two mainboard and five SME segment offers.
14 Sep 2024
Securities and Exchange Board of IndiaCongress alleges SEBI chief Madhabi Buch traded in listed securities
The Indian National Congress has leveled fresh allegations against Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI).
14 Sep 2024
Unique Identification Authority of IndiaYou can now update Aadhaar for free till December 14
The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar detail updates to December 14, 2024.
14 Sep 2024
Indian Rupee (INR)Why is Indian rupee not strengthening despite weakening US Dollar?
The Indian rupee (INR) has remained stable, despite a weakening US Dollar and favorable global factors such as declining crude oil prices, and strong foreign institutional inflows (FII) into India's stock market.
14 Sep 2024
JP MorganJPMorgan CEO warns US of economic outcome worse than recession
Jamie Dimon, the CEO of JPMorgan Chase, has issued a warning about a potential economic scenario worse than a recession for the US.
14 Sep 2024
Lawsuits23andMe to pay $30M for settling data breach lawsuit
23andMe, a prominent genetic testing company, has agreed to a $30 million settlement following a class action lawsuit.
13 Sep 2024
Tata Consultancy Services (TCS)Why thousands of TCS employees have received tax demand notices
A significant number of Tata Consultancy Services (TCS) employees have received tax demand notices from the Income Tax Department.
13 Sep 2024
InsuranceUnderstanding pet insurance in India
In India, pet insurance is becoming popular among pet owners, offering financial protection against unexpected veterinary expenses.
13 Sep 2024
InsuranceUnderstanding personal accident insurance in India
Personal accident insurance is a safeguard for individuals against unforeseen incidents that can lead to disability or death.
13 Sep 2024
InsuranceUnraveling vehicle insurance add-ons for Indian drivers
In India, vehicle insurance is essential for every driver, not only for legal compliance but also for financial security in case of accidents or theft.
13 Sep 2024
Initial Public Offering (IPO)Bajaj Housing Finance IPO: GMP signals bumper listing on Monday
Bajaj Housing Finance is set to make its stock market debut on Monday, September 16.
13 Sep 2024
WorkplaceEmployees now reach office late and depart early, reveals data
The traditional 9-to-5 work schedule is undergoing a significant transformation, with many employees now preferring a condensed 10-to-4 routine, meaning working hours in offices have unofficially been reduced by two hours.
13 Sep 2024
BitcoinBitcoin's 6-figure surge certain regardless of who wins US elections
Cryptocurrency investors are predicting that Bitcoin will reach six figures in the future, regardless of the upcoming US presidential election outcome.
13 Sep 2024
AmazonAmazon and Flipkart violated India's competition laws: CCI probe
A recent investigation by the Competition Commission of India (CCI) has revealed that Amazon and Walmart-owned Flipkart, have breached Indian competition laws.
13 Sep 2024
ZomatoZomato's train delivery service now available at 100+ stations
Zomato, India's leading food delivery platform, has announced a significant expansion of its train delivery service.
