Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
24 Sep 2024
BoeingBoeing makes 'best and final' offer as strike disrupts production
Boeing has presented an enhanced contract offer to its over 30,000 machinists, as their strike enters its second week.
24 Sep 2024
Byju RaveendranBYJU'S defaulted on $1.5 billion loan, rules US court
The Supreme Court of Delaware, US, has ruled that Indian edtech giant BYJU'S failed to repay a $1.5 billion loan.
24 Sep 2024
Stock MarketNorthern Arc Capital shares list at 33.5% premium
Northern Arc Capital made a strong entry into the Indian stock market today, with its shares listing at a substantial premium on both Sensex and Nifty.
24 Sep 2024
ChinaAfter US, China reduces interest rates to bolster sluggish economy
The People's Bank of China (PBOC) has implemented a series of measures aimed at facilitating easier borrowing for households and businesses.
24 Sep 2024
NiftySensex surpasses 85,000 mark for first time ever
The Sensex and Nifty 50 have set new record highs for the fourth consecutive session today.
23 Sep 2024
Delhi High CourtDelhi HC blocks Flipkart's 'latching-on' feature to curb fake listings
The Delhi High Court has imposed restrictions on Flipkart's "latching-on" feature, a tool that enables third-party sellers to list their products under existing brand listings on the e-commerce platform.
23 Sep 2024
Initial Public Offering (IPO)MobiKwik gets SEBI's approval to launch ₹700 crore IPO
MobiKwik has secured approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
23 Sep 2024
FinanceTips for building an emergency fund on a tight budget
In today's unpredictable economic climate, having an emergency fund is more crucial than ever.
23 Sep 2024
Government of IndiaUnderstanding home loan tax benefits for Indian homeowners
Buying a home is a significant milestone for many, and it comes with its set of financial challenges.
23 Sep 2024
Personal FinanceA simple guide to claiming EPF benefits
The Employees' Provident Fund (EPF) is a savings scheme developed by the Employees' Provident Fund Organisation (EPFO) of India.
23 Sep 2024
AmazonAmazon boosts commission rates for content creators ahead of sale
Amazon has announced a significant increase in standard commission income rates for over 50,000 content creators.
23 Sep 2024
Mutual FundsSimplifying mutual funds investment for Indian beginners
Investing in mutual funds can be a smart way to grow your wealth, especially for beginners in India.
23 Sep 2024
Jay ZTake a look at Jay-Z's real-time net worth
Jay-Z, born Shawn Corey Carter, is not just a rapper but a successful entrepreneur whose ventures span various industries.
23 Sep 2024
Mukesh AmbaniA look at Mukesh Ambani's financial empire
Mukesh Dhirubhai Ambani, chairman and managing director of Reliance Industries, is a global business giant.
23 Sep 2024
Shah Rukh KhanUnveiling Shah Rukh Khan's real-time net worth
Shah Rukh Khan, often referred to as "King Khan" in Bollywood, has significantly impacted both through his acting and financial achievements.
23 Sep 2024
4GWhat Vi's $3.6B network deal means for investors and customers
Vodafone Idea (Vi) has secured a significant $3.6 billion funding deal, set to revitalize the telecom company and enhance its network infrastructure.
23 Sep 2024
Info EdgeInfo Edge-owned Jeevansathi and 99acres could turn profitable this year
Info Edge, a leading Indian internet company, is optimistic about its two major platforms — Jeevansathi and 99acres — reaching breakeven by the end of this fiscal year (FY).
23 Sep 2024
Anil AgarwalAnil Agarwal urges expansion of mining assets to reduce imports
Anil Agarwal, the Indian industrialist often referred to as the "metal king," has raised concerns about the growing gap between consumption and domestic production in several crucial sectors.
23 Sep 2024
YouTubeMrBeast facing lawsuit from 5 female contestants of Beast Games
Jimmy Donaldson, a.k.a. MrBeast, is facing a major legal challenge, per BBC.
23 Sep 2024
Initial Public Offering (IPO)Manba Finance IPO fully subscribed within one hour, GMP soars
Manba Finance's initial public offering (IPO) was fully subscribed within just one hour of the bidding process commencing today.
23 Sep 2024
Joe BidenIndia's first national security chip plant spurs semiconductor stock rally
Shares of Indian semiconductor companies experienced a significant surge on Monday.
23 Sep 2024
IntelInvestment firm Apollo considers $5 billion injection into Intel
Apollo Global Management, a leading US asset management firm, has proposed a substantial investment of up to $5 billion in Intel, according to Bloomberg.
23 Sep 2024
SensexNifty hits 25,900 for first time, Sensex touches new high
Sensex and Nifty, have reached new all-time highs at the start of trading today. The surge follows a significant rate cut by the US Federal Reserve.
23 Sep 2024
Sundar PichaiModi meets tech CEOs, discusses AI, semiconductors, India's growth potential
Prime Minister Narendra Modi recently convened a roundtable with leading US tech CEOs and industry leaders at the Massachusetts Institute of Technology (MIT) School of Engineering in New York.
22 Sep 2024
InflationIndia set for 7% growth in FY25 despite global challenges
Deloitte South Asia's CEO, Romal Shetty, has projected a promising economic outlook for India in the current fiscal year (FY).
22 Sep 2024
KarnatakaKarnataka's KHIR-City project to create 1L jobs, attract ₹40,000cr investment
The Karnataka government is set to launch its ambitious Knowledge Health Innovation Research-City (KHIR-City) project on September 26.
22 Sep 2024
Mahindra GroupMahindra Group launches dedicated AI division to boost business operations
The Mahindra Group has established a dedicated artificial intelligence (AI) division, aimed at leveraging advanced technologies for the benefit of its various businesses.
22 Sep 2024
Initial Public Offering (IPO)Indian IPO market gears up for 10 launches next week
The Indian initial public offering (IPO) market is set to witness a surge of activity, with 10 new launches scheduled for next week.
22 Sep 2024
Indian GovernmentNetflix under government's scanner for alleged visa violations, racial discrimination
The Indian government is currently investigating allegations of visa violations and racial discrimination against Netflix's local operations.
22 Sep 2024
HDFC BankMarket cap of India's top 6 companies climbs ₹1.97L crore
Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.
22 Sep 2024
Foreign InvestmentFPIs bullish on Indian equities, invest ₹33,700 crore in September
Foreign portfolio investors (FPIs) have invested nearly ₹33,700 crore into Indian equities this month.
22 Sep 2024
Vodafone IdeaVodafone Idea inks $3.6B network equipment deal with Nokia, Samsung
Vodafone Idea (Vi) has secured a $3.6 billion deal with tech giants Nokia, Ericsson, and Samsung.
22 Sep 2024
General MotorsGM to lay off nearly 1,700 workers in the US
General Motors (GM) has announced plans to lay off approximately 1,695 employees at its Fairfax Assembly plant in Kansas, US.
21 Sep 2024
Initial Public Offering (IPO)HDFC Credila selects 5 banks for blockbuster ₹5,000 crore IPO
HDFC Credila Financial Services, India's leading education loan provider, has selected five investment banks to guide its initial public offering (IPO) in 2025.
21 Sep 2024
OYO RoomsOYO to acquire popular US hotel chain for $525 million
Indian hospitality giant, OYO, has announced a significant move in its US expansion strategy.
21 Sep 2024
SpiceJetSpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
SpiceJet, a leading budget airline in India, has announced its board's approval to issue approximately 48.71 crore equity shares at ₹61.60 each.
21 Sep 2024
Indian GovernmentModi government to financially support waste recycling start-ups
The Indian government has announced its commitment to financially support waste recycling start-ups.
21 Sep 2024
Coal IndiaStaff strength in PSUs drop, Coal India records biggest decline
The workforce of public sector undertakings (PSUs) has been steadily decreasing over recent years.
21 Sep 2024
Union Finance MinistryDigital transactions in FY25's first 5 months hit ₹1,669L crore
The Union Finance Ministry has reported a significant rise in the value of digital payments, reaching ₹1,669 lakh crore within the initial five months (April-August) of the current fiscal year 2024-25.
21 Sep 2024
Saudi ArabiaWeWork founder's new venture Flow expands to Saudi Arabia
Adam Neumann, the founder of WeWork, has expanded his latest real estate venture, Flow, into Saudi Arabia.
