Business News

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29 Jan 2025

Nifty

Nifty set to break 23-year-old record. It's not good one

The National Stock Exchange's Nifty index is all set to end January with its fourth consecutive month of decline, a rare event not witnessed in the last 23 years.

29 Jan 2025

Sensex

Sensex soars 500 points: Check reasons behind today's rally

India's equity benchmarks witnessed a strong rally on Wednesday, with Sensex gaining over 500 points and broader indices rising up to 2.5%.

29 Jan 2025

Nirmala Sitharaman

Budget 2025 might bring relief for taxpayers: Check expected reforms 

As India approaches the Union Budget 2025, expectations are high for significant changes in tax rates and exemptions that could ease the financial burden on individuals, particularly middle-class taxpayers.

29 Jan 2025

ITC Limited

ITC Hotels lists at ₹180, 31% below implied price

ITC Hotels made its debut on the National Stock Exchange (NSE) today, with shares listing at a discovery price of ₹180 each.

29 Jan 2025

Nirmala Sitharaman

From briefcase to tablet: The evolution of India's budget presentation

The annual presentation of the Union Budget in India has been a longstanding tradition.

28 Jan 2025

Finance

Fuel your passion: How Indians are financing classic cars

In India, passion for vintage and classic cars has skyrocketed, driving up demand for specialized loans.

28 Jan 2025

Finance

Dive into these spot-on financial strategies for Indian art collectors

For many Indians, investing in art goes beyond a mere passion—it's a smart financial move.

28 Jan 2025

Finance

Want a dream home? These govt schemes make it possible

The government of India has launched numerous schemes to ensure affordable housing for its citizens.

28 Jan 2025

Finance

Tips on investing in essential oils for wellness and savings

India's essential oil market is booming, driven by a resurgence in wellness and Ayurveda.

28 Jan 2025

Finance

Get healthy, save money: Top preventive care tips you'll love

In India, healthcare can get pretty expensive, particularly when it catches you off-guard.

28 Jan 2025

Finance

Crafting water-efficient landscaping for lower utility bills in India

In India, maximizing water efficiency in landscaping is vital as water scarcity becomes an increasingly pressing issue.

28 Jan 2025

Mobikwik

MobiKwik becomes India's first fintech company to launch e₹ wallet

In a historic move, MobiKwik has become the first fintech company in India to launch a Central Bank Digital Currency (CBDC) wallet, called e-rupee (e₹).

28 Jan 2025

Bajaj Auto

Bajaj Auto's Q3 results: Net profit rises to ₹2,109cr

Bajaj Auto has posted a 3.3% year-on-year (YoY) growth in its net profit for the third quarter ending December 31, 2024.

28 Jan 2025

Boeing

Boeing reports largest annual loss since 2020, totaling $11.83B

Boeing, the American multinational corporation that designs, manufactures, and sells airplanes, has reported its largest annual loss since 2020.

28 Jan 2025

OpenAI

OpenAI attempts to exclude Indian media houses from copyright lawsuit

OpenAI, the leading artificial intelligence (AI) firm, is trying to keep major Indian media houses out of a landmark copyright lawsuit. The legal battle could shape the future of AI regulations in India.

28 Jan 2025

Google

Google is challenging EU's $4.5B antitrust fine over Android

Google has appealed to the Court of Justice of the European Union (CJEU), against a record €4.3 billion ($4.5 billion) antitrust fine imposed seven years ago.

28 Jan 2025

Finance

Banks step in to make religious journeys affordable for all

In India, religious pilgrimages hold immense significance in people's cultural and spiritual lives.

28 Jan 2025

Finance

Decoding the rise of rent-to-own loans in India

Rent-to-own loans are gaining traction in India as a practical solution for aspiring homeowners seeking to avoid the immediate financial strain of a conventional mortgage.

28 Jan 2025

Finance

Game on! 5 credit cards tailored for fantasy sports buffs

For passionate fantasy sports fans in India, the perfect credit card can take their gaming experience to the next level.

28 Jan 2025

Finance

Cheers to savings! Credit cards that celebrate your beer love

For craft beer enthusiasts in India, the perfect credit card can transform dining and entertainment into an art form.

28 Jan 2025

Finance

Shedding light on Section 80TTB for senior citizens

Section 80TTB is a provision in the Income Tax Act of India that provides senior citizens with a significant tax advantage on their interest income.

Zepto shifts headquarters from Singapore to India ahead of IPO

Zepto, a leading player in the quick commerce space, has shifted its headquarters from Singapore to India.

28 Jan 2025

Goldman Sachs

Goldman employees unhappy with low bonuses after CEO's $39M payout

Goldman Sachs employees are unhappy with their end-of-year bonuses, which they deem insufficient.

28 Jan 2025

Union Budget

From presentation to implementation: Understanding key stages of Union Budget

The Union Budget is the annual financial blueprint of the government, detailing how it plans to generate revenue and spend it over the year.

28 Jan 2025

Hyundai Motor India

Hyundai India's Q3 profit drops 19% due to poor sales

Hyundai Motor India has reported a massive 19% year-on-year (YoY) decline in its consolidated net profit for the December quarter.

28 Jan 2025

DeepSeek

Energy stocks see sell-off as DeepSeek's power efficiency breaks assumptions

An energy-efficient AI model by China's DeepSeek has shaken the power and energy sector, with the S&P Energy index dipping 3% over the last three sessions.

28 Jan 2025

Paytm

Paytm's new feature makes receiving money a breeze

Paytm has launched a new feature, the "Receive Money QR Widget," for Android users.

28 Jan 2025

Nirmala Sitharaman

Budget 2025: Key terms to know before February 1's presentation

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, her eighth consecutive budget presentation.

28 Jan 2025

United Kingdom

200 UK firms adopt permanent 4-day workweek without pay cuts

In a major departure from conventional employment practices, 200 UK companies have pledged a permanent four-day working week for their employees without any pay cut.

28 Jan 2025

ChatGPT

World's wealthiest lose over $100B as DeepSeek rattles tech stocks

The world's 500 richest people have lost a whopping $108 billion in a market downturn associated with Chinese AI start-up DeepSeek.

28 Jan 2025

OpenAI

'Dismiss copyright challenge by book publishers': OpenAI to Delhi HC

OpenAI has asked Delhi High Court to throw out a lawsuit by a consortium of book publishers, who claim that its ChatGPT service violates their copyrights.

28 Jan 2025

Swiggy

Swiggy shares plunge below IPO price amid continued market losses

Swiggy, one of India's leading food delivery platform, has witnessed a major fall in its share value.

28 Jan 2025

Ubisoft

Gaming giant Ubisoft closes UK studio, lays off 185 employees

Ubisoft has announced plans to shut down its Leamington studio in the UK and lay off around 185 employees.

28 Jan 2025

Donald Trump

Microsoft is in talks to buy TikTok, confirms Trump

US President Donald Trump has confirmed that tech giant Microsoft is in talks to buy the popular social media platform, TikTok.

28 Jan 2025

ChatGPT

$600B wipeout! Why NVIDIA investors are nervous about DeepSeek AI

NVIDIA, the leading semiconductor giant, has witnessed a massive decline in its stock value after the launch of Chinese AI start-up DeepSeek's R1 model.

28 Jan 2025

Infosys

Infosys co-founder Kris Gopalakrishnan, 17 others booked under SC/ST Act 

Infosys co-founder Senapathy Kris Gopalakrishnan, former Indian Institute of Science (IISc) Director Balaram, and 16 others have been booked under the Prevention of SC/ST Atrocities Act.

28 Jan 2025

Paytm

Paytm Payments CEO Nakul Jain resigns, company seeks replacement

Nakul Jain, the CEO and Managing Director of Paytm Payments Services Limited (PPSL), has stepped down from his position to pursue an entrepreneurial venture.

28 Jan 2025

Cancer

LinkedIn founder launches AI start-up to revolutionize cancer drug discovery

LinkedIn co-founder Reid Hoffman and famed oncologist Dr. Siddhartha Mukherjee have raised a whopping $24.6 million in a seed funding round.

27 Jan 2025

Samsung

Tamil Nadu government finally recognizes Samsung India's workers union

The Tamil Nadu labor department has formally recognized the Samsung India Workers Union (SIWU) today.

27 Jan 2025

Donald Trump

US Steel's merger with Nippon Steel challenged by activist investor

Activist investor Ancora Holdings Group has launched a proxy battle against US Steel.