Business News
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Importance of credit scores in India: What you should know
A credit score is a three-digit number that lenders use to decide how likely you are to repay debt.
TCS fires woman who accused manager of sexual harassment
Tata Consultancy Services (TCS) has sacked a woman, who had filed a sexual harassment complaint against her manager five years ago.
From GMP to price band: All about Hyundai India's IPO
Hyundai Motor India will launch its initial public offering (IPO) on October 15, marking a historic moment for the Indian capital market.
Zerodha wants banking license but was turned down: Nikhil Kamath
India's second-largest stock broker, Zerodha, has tried to get a banking license but was turned down. The company's co-founder Nikhil Kamath revealed the news.
Apple and Samsung dominate $3B smartphone sales during festive season
Samsung and Apple have topped India's first wave of festive season smartphone sales, which ran from September 26 to October 6.
Want promotion at work? You have to come to office
A recent study has found that a whopping 91% of Indian CEOs, are willing to reward employees who show up to office regularly with promotions, salary hikes, and preferred assignments.
Will central government employees get DA hike before Diwali?
Central government employees across India are eagerly awaiting an announcement regarding a potential hike in Dearness Allowance (DA) and Dearness Relief (DR).
Repo rate unchanged: How it impacts your home loan EMI?
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the 10th consecutive time.
OpenAI appoints international expansion boss, opens new offices globally
Artificial intelligence (AI) research and development leader OpenAI is making significant strides toward international expansion.
Per transaction limit for UPI Lite hiked to ₹1,000
The Reserve Bank of India (RBI) has increased the per transaction limit for UPI Lite from ₹500 to ₹1,000. This is part of the central bank's plan to encourage wider adoption of digital payments.
Swiggy's top executives awarded ₹2,240 crore in ESOPs before IPO
Food delivery platform Swiggy has granted stock options worth approximately $200 million (around ₹2,240 crore) to its co-founder and group CEO Sriharsha Majety and other top executives.
RBI maintains repo rate at 6.5% for 10th consecutive time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has voted to keep the repo rate unchanged at 6.5% for the 10th consecutive time.
Indian start-ups raise $10 billion in Q3, down 15% QoQ
Start-ups in India have raised a whopping $10 billion in the third quarter (July-September) of 2024, a report by market intelligence firm 1Lattice has revealed.
Using your SBI credit card will get costlier from November
SBI Card, the credit card arm of State Bank of India (SBI), has announced changes to its card charge structure.
RBI Monetary Policy meeting tomorrow: Will interest rates be cut?
The Reserve Bank of India (RBI) is set to announce its much-anticipated bi-monthly monetary policy decision tomorrow.
Ola, Uber score 0 in Fairwork India's gig worker ratings
The 2024 Fairwork India Ratings have shown that ride-hailing giants Uber and Ola, along with logistics firm Porter, are lagging behind in their treatment of gig workers.
Reliance Retail joins quick commerce fray, offers free delivery
Reliance Retail is entering the quick commerce space, giving a tough competition to established players like Zepto, Zomato's Blinkit and Swiggy's Instamart.
10-minute food deliveries a game-changer for industry: Deepinder Goyal
Zomato's CEO Deepinder Goyal has outlined his vision for the future of food delivery in India.
Hyundai Motor India to launch ₹25,000 crore IPO next week
Hyundai Motor India is gearing up for a mega initial public offering (IPO), worth an estimated ₹25,000 crore.
Airtel in talks to acquire Tata Play
Bharti Airtel is reportedly in advanced talks with Tata Group to buy Tata Play, India's top direct-to-home (DTH) business.
No work-life balance: Techie works on laptop during own wedding
Casey Mackrell, the co-founder of an artificial intelligence (AI) start-up called Thoughtly, has sparked a fiery online debate about work-life balance.
PhonePe now offers instant UPI credit for ICICI Bank customers
ICICI Bank has partnered with digital payments platform PhonePe, to offer instant credit on Unified Payments Interface (UPI) transactions.
Samsung apologizes for financial woes and missed AI opportunity
In an unusual move, Samsung Electronics, the world's largest memory chip maker, has apologized to its investors after posting disappointing financial results.
Cognizant found guilty of discriminating against non-Indian workers in US
Cognizant has been found guilty by a US jury for discriminatory practices against non-Indian employees.
Uber now lets you travel with pets in Bengaluru
Uber has launched a new service, Uber Pet, in Bengaluru. The feature lets riders travel with their pets.
SEBI greenlights NSDL's ₹3,000 crore IPO
The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of National Securities Depository Limited (NSDL).
FTX bankruptcy surprise: Creditors to make $1.19 for every dollar
A US bankruptcy judge has approved a reorganization plan for FTX, the cryptocurrency company that declared bankruptcy nearly two years ago.
Chinese stocks hit 2-year high on Beijing's aggressive stimulus measures
Chinese shares have soared to a two-year high today, extending the recent strong rally.
You can now suggest changes to Income-tax Act, 1961
The Central Board of Direct Taxes (CBDT) has constituted an internal committee to carry out an exhaustive review of the Income-tax Act, 1961.
BluSmart in talks to raise $100M for EV ride-hailing expansion
BluSmart Mobility, a leading name in the electric vehicle (EV) ride-hailing space, is in talks to raise between $80 million and $100 million, according to Moneycontrol.
Hitachi Energy to invest ₹2,000cr in India's green power sector
Hitachi Energy has announced plans to invest ₹2,000 crore in India's power sector in the coming years.
Hero Motors shelves ₹900 crore IPO plans, withdraws DRHP
Hero Motors, one of the top auto component manufacturers, has pulled back its Draft Red Herring Prospectus (DRHP) for the proposed ₹900 crore Initial Public Offering (IPO).
Understanding health insurance tax benefits for Indian taxpayers
Health insurance is not just a tool to safeguard your health but also a smart way to manage your taxes.
Guide to the Gold Monetization Scheme for Indian households
Gold is a prized asset in Indian households, valued for both cultural significance and as an investment.
Airbus to increase sourcing of aircraft parts from India
European aviation giant Airbus has announced plans to ramp up its component sourcing from India.
Gold prices soar to record high of ₹78,700 per 10gm
Gold prices in India hit an all-time high of ₹78,700 per 10gm today. The sharp increase comes on the back of steady buying support from jewelers, and positive trends in international markets.
Snapdeal's Kunal Bahl joins Shark Tank India, replaces Deepinder Goyal
Snapdeal and AceVector Group co-founder Kunal Bahl, has been named as a new judge for Shark Tank India's fourth season.
Zerodha's new policy: Sell stocks, get full proceeds instantly
Leading online brokerage firm Zerodha has announced a major policy change. The company now guarantees that 100% of the proceeds from share sales will be immediately available for trading.
Finance Ministry begins search for next SEBI chief: Report
The Indian Finance Ministry has begun the search for a possible successor to Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI).