Business News
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Engineers' Day: The Indian legends making us proud
Not many people know this, but the birth anniversary of Bharat Ratna awardee Mokshagundam Visvesvaraya is commemorated as Engineers' Day.
Google sued over sexual discrimination by 3 female ex-employees
Three female former Google employees have sued the tech giant, accusing it of paying women less than men for comparable work.
Wholesale price inflation touches four-month high at 3.24%
Wholesale price inflation in India rose to 3.24% in August, double that of 1.88% in July. It was the fastest rise in four months. Last August, it was 1.09%.
Google to launch digital payment service in India next week?
If reports are to be believed, Google is launching a localized digital payment service in India as early as next week.
After iPhone X launch, massive discounts on existing iPhones!
Apple fans have got more to be excited about, and not just the launch of its new products. After unveiling the iPhone 8, iPhone 8 Plus, iPhone X, Apple Watch 3 and Apple TV, the company has announced massive discounts on its existing smartphones.
WhatsApp co-founder Brian Acton to leave company
WhatsApp co-founder Brian Acton took to Facebook to announce he is leaving the company.
Service charge in restaurants may soon be taxable
Five months after declaring that service charge at restaurants should be voluntary, the consumer affairs ministry has urged that such charge should be taxed.
Lupin will bring new class of diabetes drugs to India
Pharma major Lupin Ltd intends to bolster its diabetes drugs offering in the Indian market by introducing a new class of drugs in its portfolio via the in-licensing route.
HDFC m-cap unseats TCS, end of day TCS regains slot
HDFC Bank, which was recently recognized as a D-SIB or domestic systemically important bank, for a brief period on September 12, managed to unseat IT bellwether Tata Consultancy Services (TCS) as the country's second most valued firm in terms of market capitalization.
New Rs. 100 coins, Rs. 5/10 coins to undergo changes
The Finance Ministry will be issuing Rs. 100 coins to commemorate the birth centenary of AIADMK founder Dr MG Ramachandran and singer Dr MS Subbulakshmi.
SBI Card to soon introduce cardless payments
Soon, SBI Card customers will be able to make payments by simply tapping their smartphones on swipe machines.
Indian banks need $65 billion to meet BASEL norms: Fitch
To meet BASEL III norms, Indian banks will need an additional $65 billion by March 2019, said Fitch Ratings. PSU banks would require 95% of it.
Samsung Galaxy Note 8 launched in India at Rs. 67,900
The much-awaited launch of the Samsung Galaxy Note 8 is here. This and Apple's latest iPhone X have been the hottest new phones of 2017 yet.
SEBI to reduce mutual fund schemes
SEBI's MF advisory panel has now come up with stringent definitions, on which mutual funds should be categorized.
Bharat Financial, IndusInd Bank sign exclusive merger talk deal
BFIL, after months of speculation, formally confirmed that it has signed an exclusivity agreement for a potential merger with IndusInd Bank.
Airtel's smartphone vs. Jio's feature phone
Airtel has been gearing up to bring a phone of its own to counter the JioPhone.
SC asks debt-ridden Jaypee to deposit Rs. 2,000cr by October
In relief to homebuyers, the SC last week stayed insolvency proceedings against Jaypee Infratech which has defaulted on loans worth crores.
Aamby Valley: I-T department claims Rs. 24,843 crore from auction
Sahara's tussle with the authorities continues. As per a recent development, the I-T department has claimed Rs. 24,843 crore from the proceeds of the planned auction of Sahara's Aamby Valley City in Pune.
Apple has $256.8 billion in its cash reserve doing zilch
For a company that started in a garage, Apple has come a long way and now its financial reports show that it has a $256.8 billion cash stockpile, sitting comfortably in its accounts.
From 1st Oct, PNB customers to pay after five ATM-transactions
Currently, Punjab National Bank (PNB), which is the country's second-largest public sector bank, allows its account holders to make unlimited transactions, both financial and non-financial, from its ATMs without charging any money.
Tata Trusts plans to invest Rs. 500cr to elevate tribals
Tata Trusts, the philanthropic arm of Tata group, will spend over Rs. 500 crore for the betterment of tribals in four states over the next five years.
Dr. Reddy's Duvvada unit gets six observations from German regulator
German regulatory authority has issued six major oBSErvations pertaining to good manufacturing practices (GMPs) of Dr. Reddy's Laboratories' (DRL) for its Visakhapatnam plant.
How will Reliance Jio make money?
It's been a year since Reliance Jio's debut. In this period it has earned itself the tag of being a telecom disruptor and more.
7 industries smartphones are changing
Smartphones have invariably changed the way we live our lives, whether it's by helping us stay connected, informed or entertained.
Infosys to recruit 6,000 techies annually for next 2 years
Despite Vishal Sikka's resignation and turbulence over clashes between board members and founders over corporate governance issues, Infosys has announced that it will continue to recruit 6,000 employees per annum for the next two years.
CBI unearths money laundering scam of Rs. 424 crore
CBI has lodged an FIR against 19 firms for money laundering via shell firms. These firms have sent over Rs. 424 crore in foreign remittances, making around 700 transactions.
Indian start-ups that crashed in 2017
A recent study, titled "Entrepreneurial India" by the IBM Institute for Business Value and Oxford Economics, showed that 90% of Indian start-ups fail within the first five years.
Muffin, an app that promises to make planning trips easier
If you have ever tried planning a trip, birthday party or just a simple night out, you will nod your head vehemently in agreement, when I say it's not an easy task.
Air India's debt may get excluded for stake sale
Centre may keep out a part of Air India's debt to draw investors.
NEFT, RTGS, UPI: Here's everything to know about online transfers
With the government's increasing focus on Digital India, it has gradually attempted to create a cashless economy. Interfaces like UPI are a product of changing times.
RBI governor's term and tenure must be safeguarded: Rajan
A few days after revealing sensational details about the demonetization exercise, former RBI governor Raghuram Rajan has said the central bank head's "term and turf" have to be safeguarded.
Debit card fraud: How can you get your money back!
With electronic methods of payment increasingly becoming the dominant way of transacting, risks of fraud are also increasing.
History's richest men: Gates is an average-Joe in Akbar's eyes
If someone asks who are the richest people in the world right now, the answer would be pretty easy. It's Bill Gates, Warren Buffet, and Jeff Bezos.
Jio offers 25GB free data to Intex 4G smartphone users
Jio is the gift that keeps on giving. Every Reliance Jio user will now receive up to 25GB of additional 4G data if they purchase an Intex smartphone, thanks to the partnership between the two firms.
Investing in stocks: Know your investment options
People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.
Banks are increasingly using robots to answer basic consumer queries
There's no denying the fact that the banking sector is the life-line of the bustling Indian economy and it caters to millions every day.
SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod
According to reports, Securities and Exchange Board of India (SEBI) has given approval for the initial public offering (IPO) of SBI Life Insurance Co. Ltd, which is a joint venture between State Bank of India and BNP Paribas Cardif.
Gold prices reach 11-month high over North Korea tensions
On Friday, the price of gold rose by Rs. 990 to Rs. 31,350 per 10 grams over global cues, reaching the highest price in 11 months.
Paytm Gold targets Rs. 1,400 crore sales in FY18
Paytm's Digital Gold is the result of a tie-up between the government-promoted MMTC-PAMP and digital payments firm Paytm, which enables it to sell 24 karats 999.9 International standard purity gold on its platform.
Disney takes back Marvel and Star Wars movies from Netflix
It's already been decided that Disney and Netflix will part ways in 2019 and the separation is going to hurt Netflix a lot.