Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

27 Sep 2024

Swiggy

Swiggy's Q1 losses rise to ₹611 crore despite revenue surge

Swiggy, a leading player in India's food-tech industry, has reported an 8% increase in losses for Q1 FY25.

26 Sep 2024

Government of India

Applying for Jeevan Pramaan: Digital life certificate for pensioners

In India, pensioners must annually submit a life certificate to continue receiving their pension.

26 Sep 2024

Finance

Simplifying mutual fund investments for beginners in India

Mutual funds have become a popular investment choice in the United States, offering a way to grow wealth with relatively lower risk compared to direct stock investments.

26 Sep 2024

Finance

Tips to navigate financial aid for higher education in India

With the rising cost of education, securing financial aid for higher education in India is increasingly challenging.

26 Sep 2024

Finance

Exploring crowdfunding as a financial tool for Indians

Crowdfunding has emerged as a revolutionary way for individuals and startups in India to raise funds.

26 Sep 2024

Reddit

Redditor shares 'hack' for faster food delivery via Zomato, Swiggy

A Bengaluru-based Reddit user has shared a unique strategy to enhance the speed and accuracy of food deliveries on platforms like Zomato and Swiggy.

26 Sep 2024

Apple

Karnataka government urges Apple, partners to start manufacturing beyond iPhones

The Karnataka government is currently in discussions with Apple and its contract manufacturing partners, to expand their production ecosystem in the state.

26 Sep 2024

Mukta Arts

40% surge! Why this Subhash Ghai-backed stock is rallying

Mukta Arts, the renowned film production company owned by Subhash Ghai, has seen a significant surge in its share price.

26 Sep 2024

Jaguar Land Rover

Tata Motors shares surge on JLR's $669M EV investment

Jaguar Land Rover (JLR), a subsidiary of Tata Motors, has announced plans to invest £500 million ($669 million) in reconfiguring its Halewood factory in England.

26 Sep 2024

Infosys

Sensex, Nifty hit record highs for 6th consecutive session

The Sensex and Nifty 50 have continued their record-breaking streak, reaching new all-time highs today.

26 Sep 2024

OpenAI

OpenAI considers for-profit status with equity for CEO Sam Altman

OpenAI, the artificial intelligence research lab, is undergoing a significant transition from its non-profit roots. The change comes in the wake of CTO Mira Murati's sudden exit.

26 Sep 2024

OpenAI

OpenAI CTO Mira Murati resigns as executive departures continue

Mira Murati, the Chief Technology Officer (CTO) of Microsoft-backed artificial intelligence start-up OpenAI, has announced her departure from the company.

25 Sep 2024

Finance

Understanding key aspects of debt funds for Indian investors

Debt funds, a type of mutual fund, invest in fixed-income securities such as bonds, treasury bills, and corporate debentures.

25 Sep 2024

Government of India

Navigating the disability certificate application in India

Applying for a disability certificate in India is essential for individuals with disabilities.

25 Sep 2024

Finance

How to save money on online grocery shopping in India 

In today's digital age, online grocery shopping has become a convenient option for many households in India.

25 Sep 2024

Finance

Significance of recurring deposit's flexibility for Indian savers

Recurring Deposits (RDs) are a popular choice among Indian savers, blending flexibility with security.

IPO-bound Leela Hotels eyes wildlife, spiritual tourism sectors for expansion

Leela Hotels, a luxury hotel chain managed by Brookfield Asset Management, is preparing for a ₹5,000 crore initial public offering (IPO).

25 Sep 2024

Startups

Curefoods seeks $40 million in Series D funding, eyes IPO

Curefoods, a prominent cloud kitchen start-up, is negotiating to secure $40 million in its Series D funding round, as per Moneycontrol.

Zerodha bracing for revenue drop due to SEBI's regulatory changes

Zerodha, a prominent discount broker in India, is bracing for a substantial revenue drop later this year.

US Department of Justice sues Visa for allegedly suppressing competition

The US Department of Justice (DOJ) has filed an antitrust lawsuit against global payment giant, Visa.

25 Sep 2024

Foxconn

Foxconn eyes $1B investment for display assembly unit in TN

Taiwanese contract manufacturer, Foxconn, is planning a $1 billion investment to establish a smartphone display module assembly unit in Tamil Nadu.

FTX fraud: Bankman-Fried's partner Caroline Ellison gets 2-year jail sentence

Caroline Ellison, a central figure in the prosecution of her ex-partner and FTX founder Sam Bankman-Fried, has been sentenced to two years in prison by a New York federal court.

25 Sep 2024

Hyundai

Hyundai India's $3 billion IPO gets SEBI nod

The Securities and Exchange Board of India (SEBI) has given approval to Hyundai Motor India's initial public offering (IPO).

UPI now must for public issue applications of debt securities

The Securities and Exchange Board of India (SEBI) has issued a directive, mandating the use of Unified Payments Interface (UPI) for individual investors applying for public issues of debt securities.

24 Sep 2024

Sundar Pichai

Sundar Pichai: Tracking his net worth journey 

Sundar Pichai, the CEO of Alphabet Inc., has become a household name in the tech industry.

24 Sep 2024

Virat Kohli

A glimpse into Virat Kohli's real-time net worth

Virat Kohli, synonymous with cricketing excellence and brand influence, stands as a global athletic icon.

23 Sep 2024

Deepika Padukone

Take a look at Deepika Padukone's real-time net worth

Deepika Padukone, synonymous with grace and talent in the Indian film industry, has captivated audiences and emerged as one of the most influential and highest-paid actresses.

24 Sep 2024

Finance

Harnessing seasonal sales for smart savings in India

Seasonal sales in India present a prime opportunity for shoppers to save on both essentials and luxuries.

24 Sep 2024

Finance

Essential guide to child insurance plans for Indian parents 

Navigating the world of child insurance plans can be a daunting task for Indian parents.

24 Sep 2024

Finance

Understanding GST's effect on insurance in India

Since its introduction in July 2017, the Goods and Services Tax (GST) has significantly reshaped various sectors, including the insurance industry.

24 Sep 2024

Finance

Roadmap to achieving debt freedom in India

In today's economic climate in India, debt can often feel like a heavy chain restricting one's financial freedom.

24 Sep 2024

Myntra

Myntra founder Mukesh Bansal launches AI start-up with $27.5M fundraise

Mukesh Bansal, the founder of Myntra and Cult.fit, has launched a new artificial intelligence (AI) venture named Nurix AI.

SEBI probes 6 banks for manipulating oversubscription of SME IPOs

SEBI is investigating six domestic investment banks, for alleged malpractice in the IPO market.

India's 1st AI unicorn Fractal Analytics plans $500 million IPO

Fractal Analytics, a leading provider of artificial intelligence (AI) services, is planning to file for an initial public offering (IPO) in Mumbai.

24 Sep 2024

Mahindra & Mahindra

Is Mahindra buying a stake in Volkswagen India?

Mahindra & Mahindra (M&M) has expressed its intention to broaden its collaboration with Volkswagen Group in India.

24 Sep 2024

India

Gold prices reach record high, could soon hit ₹78,000/10g

Gold prices have reached an all-time high, with the spot price of gold hitting $2,638.37 (₹2.2 lakh) per ounce (28.3g) during today's session.

24 Sep 2024

Samsung

TSMC, Samsung in talks to build chip factories in UAE

TSMC and Samsung Electronics are reportedly planning to set up chip manufacturing facilities in the United Arab Emirates (UAE).

24 Sep 2024

Layoff News

Dulux paint maker AkzoNobel to slash 2,000 jobs worldwide

AkzoNobel, the Dutch company behind Dulux paint, has announced plans to eliminate approximately 2,000 jobs worldwide.

24 Sep 2024

HDFC Bank

HDFC Bank plans to offload ₹70,000cr loan assets, shares surge

HDFC Bank's shares witnessed a 1.25% increase today, following news of the bank's intention to sell loan assets worth ₹60,000-₹70,000 crore.

India welcomes new airline as Shankh Air gets government approval

Shankh Air, India's newest airline, has been granted approval by the Civil Aviation Ministry to commence operations.