Business News

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

05 Mar 2025

Ola Electric

Ola Electric becomes first 2-wheeler maker to bag PLI-Auto incentives

Ola Electric has become the first two-wheeler EV maker to benefit from the Indian government's Production Linked Incentive Scheme for Automotive and Auto Component (PLI-Auto).

05 Mar 2025

Samsung

Why Samsung might move smartphone production from China to India

Samsung is considering moving its smartphone production from China to India, as per the Economic Times.

05 Mar 2025

Air India

India-China direct flights to resume in May

India and China are in discussions to restart direct flights in the coming weeks.

05 Mar 2025

Donald Trump

Trump wants to scrap $52.7B subsidy for making semiconductor chips

US President Donald Trump has proposed the termination of the CHIPS Act, which allocates $52.7 billion in subsidies for semiconductor manufacturing.

05 Mar 2025

Cognizant

'Too vague': Infosys responds to Cognizant's trade secret theft allegations

Infosys has reiterated its allegations against Cognizant, calling its claims of trade secrets theft 'too vague' in a case related to the latter's healthcare software, TriZetto.

05 Mar 2025

Walt Disney Studios

Disney laying off 6% workforce because of falling TV viewership

Disney is planning to lay off nearly 6% of its workforce across two of its divisions, ABC News Group and Disney Entertainment Networks.

05 Mar 2025

Saina Nehwal

Saina Nehwal invests in menstrual care start-up

Former world number one badminton player and Olympic medallist Saina Nehwal has joined hands with menstrual hygiene brand Naarica.

05 Mar 2025

Nirmala Sitharaman

PM Internship Scheme 2025 registration open: Here's how to apply

The Ministry of Corporate Affairs (MCA) has started the application process for the PM Internship Scheme (PMIS) 2025.

05 Mar 2025

Reliance Industries

Modi government demands $2.8B from Reliance Industries over gas dispute

Reliance Industries Limited (RIL) has accepted a demand notice of $2.81 billion by the Indian government.

05 Mar 2025

Donald Trump

Sensex surges over 800 points: Key factors behind market rise

The Indian stock market has made a strong comeback, with the Sensex and Nifty gaining over 1% each in today's session.

SEBI might make short selling in stocks easier

The Securities and Exchange Board of India (SEBI) is mulling a proposal to relax restrictions on short selling across most stocks.

05 Mar 2025

Google

Google requests US government to avoid breaking up the company

Google has urged the US government to rethink its plans of breaking up the tech giant.

05 Mar 2025

Indian Economy

Service sector drives India's growth but manufacturing shows weakness

India's service sector improved considerably in February, with the activity index climbing to 59 from January's 56.5, as per HSBC India Manufacturing Purchasing Managers' Index.

05 Mar 2025

Elon Musk

US court rejects Musk's attempt to block OpenAI's for-profit shift

A US federal judge has thrown out Elon Musk's attempt to stop OpenAI from becoming a profit-driven company.

04 Mar 2025

Government of India

Understanding peripheral infrastructure development loans in India

Peripheral infrastructure development loans are financial instruments that facilitate the growth and enhancement of infrastructure in the peripheral regions of urban areas in India.

04 Mar 2025

Government of India

Decoding unique disaster rehabilitation loans in India

Natural disasters can be devastating, impacting millions of lives and causing significant damage to property.

04 Mar 2025

Swiggy

Swiggy, Zomato shares can surge over 125%: Should you buy?

ICICI Securities has projected a massive jump in the stock prices of Swiggy and Zomato.

04 Mar 2025

Bengaluru

Indian start-ups secure $1.65B funding in February—up 20% from January

Indian start-ups collectively raised $1.65 billion in February 2025, according to data from Tracxn.

04 Mar 2025

Sensex

Nifty falls for 10th straight session as tariff wars intensify

The Sensex and Nifty ended lower on March 4, after sweeping US tariffs on major trading partners like China, Canada, and Mexico.

04 Mar 2025

Bitcoin

Crypto market loses $300B as tariff wars spark sell-off

The cryptocurrency market has taken a massive hit, losing $300 billion in value in a single day.

04 Mar 2025

India

52% Indian employees ready to quit jobs lacking flexibility: Survey

A recent survey by Randstad India has revealed a major shift in the priorities of the Indian workforce.

04 Mar 2025

Ritesh Agarwal

OYO speeds up IPO plans amid crucial debt repayment deadline

OYO Hotels, a major player in the hospitality industry, is fast-tracking its IPO plans.

04 Mar 2025

Bombay High Court

Stock-market fraud: HC stays FIR against ex-SEBI chief Madhabi Buch

The Bombay High Court has stayed a special court's order directing an FIR against former Securities and Exchange Board of India (SEBI) Chairperson, Madhabi Puri Buch.

04 Mar 2025

Zepto

Zepto's Aadit Palicha refutes cash burn assertions by Deepinder Goyal

Aadit Palicha, CEO of Zepto, has disputed an assertion made by Deepinder Goyal, the CEO of Zomato.

LIC's stock portfolio suffers ₹1.5L crore loss amid market crash

Life Insurance Corporation of India (LIC), India's largest domestic institutional investor, has witnessed a steep fall in its equity portfolio value.

04 Mar 2025

Mercedes-Benz

Mercedes-Benz to layoff employees and reduce salary hikes

Mercedes-Benz has struck a deal with its works council to implement cost-cutting measures, including job buyouts and halving planned salary increases.

04 Mar 2025

GST

Now, you can complete GST registration in home state

The Goods and Services Tax Network (GSTN) has revamped its biometric authentication process for new GST registration applicants.

04 Mar 2025

Canada

Experts warn of stagflation shock in US: What it is

Ben Powell, the Chief Middle East and Asia Pacific Investment Strategist at BlackRock Investment Institute, has warned of a possible "stagflation shock" in the US economy.

04 Mar 2025

Ola

Bhavish Aggarwal pulls a Musk, mandates weekly reports from employees

Ola Group's founder Bhavish Aggarwal has launched a new initiative called 'Kya Chai Raha Hai?' (What's going on?) in a bid to improve transparency and accountability in his companies.

04 Mar 2025

Paytm

Paytm's new UPI feature makes buying stocks a breeze

Paytm has launched a new feature for automatic payment deductions from bank accounts, but this time, it is specifically for trading on equity broking apps.

04 Mar 2025

China

After Canada, China retaliates against Trump's tariffs with 15% duties

In retaliation to the recent tariff hikes by the US, China has imposed its own set of tariffs on American goods.

04 Mar 2025

China

US stock markets plummet as Canada, Mexico counter Trump's tariffs

Wall Street took a massive hit on Tuesday after US President Donald Trump announced 25% tariffs on goods imported from Mexico and Canada.

04 Mar 2025

Donald Trump

TSMC announces $100B investment to make cutting-edge chips in US

World's top chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive investment of at least $100 billion to ramp up chip production in the United States.

04 Mar 2025

Anthropic

OpenAI rival Anthropic raises $3.5B at a whopping $61.5B valuation

Anthropic, a leading player in the artificial intelligence (AI) space, has raised $3.5 billion in its Series E funding round at a $61.5 billion post-money valuation.

03 Mar 2025

Electric Cars

Go green: A guide to tax benefits for zero-waste living 

Choosing a zero-waste lifestyle is not only good for the environment, but it can also be great for your wallet under the Income Tax Act of India.

03 Mar 2025

Finance

RD or PPF: Beginner's guide to choosing the best investment 

Investing is a key to financial stability, but for beginners in India, navigating the world of investment can be overwhelming.

03 Mar 2025

Finance

Risk-free returns? Here's why NSCs are a smart choice 

Looking for a safe yet rewarding way to grow your savings?

03 Mar 2025

Finance

Non-residents, read this! Section 115G could save you taxes 

Taxation laws are frequently perceived as complex, particularly when they involve non-residents.

03 Mar 2025

Finance

Travel fund v/s PPF: Which one to choose?

In the world of personal finance in India, people (read: millennials) are often confronted with choices that mirror their lifestyle aspirations and dreams.

03 Mar 2025

Finance

Understanding life insurance claims: A guide for Indian families 

The process of claiming life insurance can be overwhelming for many, particularly during the emotional turmoil of grieving a loved one.