Business News
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Is US out of recession risk? Goldman Sachs weighs in
Goldman Sachs has cut the probability of the United States entering a recession in the next year from 20% to 15%.
Tech firms, start-ups resume hiring after months of mass layoffs
After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.
Why Reliance Jio is slowing down 5G expansion
Reliance Jio, in a move similar to rival Bharti Airtel, is slowing down its 5G network expansion due to low capacity utilization and pending monetization.
India-UAE to establish food corridor, investments worth $2bn expected
India and the United Arab Emirates (UAE) will soon set up a food corridor that could attract $2 billion in investments.
India's domestic air passenger traffic to reach 30cr by 2030
India's domestic air passenger traffic is expected to touch a whopping 30 crore by 2030, said Civil Aviation Minister K Rammohan Naidu.
Sensex nosedives 1,400 points: Key reasons behind today's market crash
The Indian stock market saw major swings on Monday, with the benchmark Sensex crashing over 1,400 points from its intraday high. The crash was triggered by a broad-based selloff.
Zepto's new HQ will be in this Bengaluru mall
Zepto, a leading player in India's quick commerce sector, has finalized a lease agreement for its new headquarters at Total Mall in Sarjapur, Bengaluru, as per Moneycontrol.
From 90-hour workweeks to $9.5B: Raising Cane founder's inspiring journey
Todd Graves, the founder of Raising Cane's Chicken Fingers, has made his way into US's richest.
Ola Electric's stock plunges amid CEO's spat with Kunal Kamra
Ola Electric's shares plunged 9.4% to ₹89.7 on Monday's intraday trade on the BSE.
'There's no cause of concern': Ratan Tata dismisses health rumors
Former Tata Group chairperson Ratan Tata has dismissed rumors about his ill health as untrue.
Lucknow IPL team owner wants to acquire KJo's Dharma Productions
Saregama India Ltd, a part of the RP-Sanjiv Goenka Group, is in talks to buy a majority stake in Karan Johar's Dharma Productions, according to HT Mint.
FII assets in India cross $1-trillion milestone for first time
Foreign institutional investors (FIIs) have surpassed a significant milestone in India, with their cumulative assets under custody (AUC) exceeding $1 trillion for the first time.
Musk is paying US voters $47 for signing a petition
Elon Musk's recently formed political action committee (PAC), named America PAC, is mobilizing support for certain constitutional rights through a social media campaign.
Foxconn's Q3 revenue hits record-high, up 20% YoY to $57.3B
Foxconn, the world's leading contract electronics manufacturer and Apple's primary iPhone assembler, has reported its highest-ever third-quarter revenue.
Zomato had to fire complacent executives after IPO: Deepinder Goyal
Zomato's CEO, Deepinder Goyal, has revealed that he was compelled to dismiss several senior executives following the company's initial public offering (IPO) in 2021.
SBI plans to hire 10,000 employees this fiscal year
The State Bank of India (SBI), the country's largest lender, has announced plans to recruit approximately 10,000 new employees in the current fiscal year.
Swiggy sponsoring Shark Tank India, Zomato CEO Deepinder Goyal ousted
Swiggy, a leading food delivery platform, is on the verge of finalizing a sponsorship deal for the fourth season of Shark Tank India.
Amul sets sights on European market after US success
Amul, India's leading dairy cooperative, is preparing to enter the European market following its successful debut in the United States.
Zomato grants ESOPs to employees worth ₹330 crore
Zomato, a leading food delivery platform, has announced the allocation of almost 12 million stock options worth ₹330.17 crore, under its Employee Stock Option Plans (ESOPs).
Nine of India's top 10 firms lose ₹4.75 lakh crore
Nine out of India's 10 most valuable companies experienced a significant drop in their market valuation last week, with a total loss amounting to nearly ₹4.75 lakh crore.
FPIs offload ₹27,142 crore in Indian equities amid geopolitical tensions
Foreign portfolio investors (FPIs) have reversed their three-month buying trend in Indian markets, becoming net sellers due to escalating geopolitical tensions.
India eyes defense equipment exports worth ₹1L crore by 2035
The Chairman of the Defence Research and Development Organisation (DRDO), Samir V Kamat, has projected that India will emerge as a top exporter of defense equipment within the next decade.
Swiggy introduces XL EV fleet for bulk food deliveries
Swiggy, a leading food delivery platform in India, has introduced a new service called the Swiggy XL EV fleet.
WordPress paying employees to leave if they disagree with co-founder
Matt Mullenweg, the CEO of Automattic and co-founder of WordPress, has made a unique offer to his employees.
SEBI chief summoned by Parliamentary panel amid Adani controversy
The Public Accounts Committee (PAC) of the Parliament has summoned the heads of the Securities and Exchange Board of India (SEBI) and Telecom Regulation Authority of India (TRAI), for a review meeting on October 24.
Market correction impacts IPO sentiment, only 2 launches next week
The Indian equity market has experienced a significant correction since the beginning of October, impacting the primary market sentiment.
Swiggy now delivers your food orders in just 10 minutes
Swiggy, a prominent food delivery platform in India, has launched a new service named Bolt.
What is 'Rare Club,' Swiggy's invite-only membership costing ₹50,000 annually
Swiggy, a leading food delivery platform in India, is reportedly testing an exclusive concierge membership program called "Rare Club."
JioCinema ropes in YouTube's Ishan Chatterjee to lead business growth
JioCinema, the video streaming platform owned by Reliance Industries, has announced the appointment of Ishan Chatterjee as its new chief business officer.
Sitharaman predicts $2,000 increase in per capita income by 2029
Finance Minister Nirmala Sitharaman has projected a significant increase in India's per capita income over the next five years.
Ratan Tata sells 5% stake in start-up, makes 23,000% profit
Ratan Tata, the renowned Indian industrialist, has sold a 5% stake in Mumbai-based stock broking start-up Upstox.
Mark Zuckerberg surpasses Jeff Bezos to become world's 2nd-richest person
Mark Zuckerberg, the CEO of Meta, has surpassed Amazon founder Jeff Bezos to become the world's second-richest person.
Apple India to open 4 new stores in these cities
Apple, the world's leading company by market valuation, has announced plans to expand its retail presence in India with the addition of four new stores.
India Inc's projected salary hike for 2025 higher than 2024
A recent study by Aon, a global professional services firm, predicts that Indian companies are set to offer an average salary increment of 9.5% in 2025.
PM Internship Scheme: How to apply online and avail stipend
The Prime Minister's internship scheme, which was first revealed by Union Finance Minister Nirmala Sitharaman during her budget speech on July 23, is all set to launch its online portal today.
How to enable and use UPI Circle on Google Pay
Google has introduced a new feature, UPI Circle, on its Google Pay app.
Sensex, Nifty crash as Iran-Israel conflict unnerves investors
The rising tensions between Israel and Iran have rattled the Indian markets, leading to a sharp decline today.
OpenAI raises $6.6 billion funding at record $157 billion valuation
OpenAI, the creator of ChatGPT, has successfully secured a record-breaking $6.6 billion in a recent funding round.
Indian stock market investors richer by ₹110.5L crore in 2024
Indian investors have witnessed a significant increase in their wealth this year, with a surge of ₹110.57 lakh crore.
Viagogo denies association with BookMyShow amid Coldplay ticket controversy
Viagogo, a leading ticket resale platform, has refuted claims of any association with BookMyShow.