Business News

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09 Mar 2025

China

China: Inflation dips below 0 first time in 13 months

In a major economic development, China's consumer inflation has dipped below zero.

09 Mar 2025

Meta

AI copyright lawsuit against Meta by authors allowed to proceed

The ongoing AI-related copyright lawsuit against Meta has received a major boost as a federal judge in the US has decided to let it proceed.

08 Mar 2025

JP Morgan

JPMorgan workers face desk scarcity, tech problems after office return

JPMorgan Chase's recent policy requiring employees to return to the office five days a week has left its staff disgruntled.

08 Mar 2025

Foreign Investment

FPIs withdraw ₹25,000cr from Indian equities in March

Continuing their selling spree in Indian equities, foreign portfolio investors (FPIs) have pulled out ₹24,753 crore worth of equities this month as of March 7.

08 Mar 2025

Epic Games

Epic Games sued for 'deceptive' practices in Fortnite item shop

Epic Games, the creator of the popular battle royale game Fortnite, is facing a class action lawsuit in San Francisco.

08 Mar 2025

India

Almost 50% of Indian companies without women directors are PSUs

A recent analysis by Primeinfobase has revealed that public sector undertakings (PSUs) in India are lagging behind in terms of gender diversity on their boards.

Two new IPOs to hit Dalal Street next week

The primary market is set to welcome two new initial public offerings (IPOs) from the SME sector next week.

08 Mar 2025

Sam Altman

Sam Altman denies sister's sexual abuse allegations, files defamation suit

OpenAI CEO Sam Altman has denied his sister Ann Altman's allegations that he sexually abused her for almost a decade. He has also filed a defamation lawsuit against her.

08 Mar 2025

Boeing

Boeing's new CEO made $18M after starting in mid-2024

Boeing's new CEO Kelly Ortberg received $18.4 million in total compensation for the five months he spent on the job in 2024.

08 Mar 2025

Tesla

Could Donald Trump's tariffs benefit Elon Musk's Tesla?

US President Donald Trump recently imposed new tariffs on Chinese goods and threatened a trade war with allies like Mexico and Canada.

08 Mar 2025

NASDAQ

NASDAQ to offer round-the-clock stock trading from next year

NASDAQ has announced plans to introduce round-the-clock trading on its equities exchange to cater to the growing global demand for US stocks.

08 Mar 2025

Google

US government doesn't want Google to sell AI investments anymore

The US Department of Justice (DOJ) has dropped its proposal to force Google to divest its investments in artificial intelligence (AI) companies, including OpenAI competitor Anthropic.

07 Mar 2025

Sachin Bansal

'Haven't done justice to UPI': Sachin Bansal slams Amazon, WhatsApp

Navi founder Sachin Bansal has slammed WhatsApp Pay and Amazon Pay for their poor integration of Unified Payments Interface (UPI) payments.

07 Mar 2025

Facebook

Mark Zuckerberg accused of helping China develop censorship tools

Meta CEO Mark Zuckerberg has been accused of helping China develop censorship tools.

07 Mar 2025

Blinkit

Blinkit, Zepto hike commissions to boost per-order revenue

Top quick commerce platforms Blinkit and Zepto are raising the commissions they charge. The move comes as they look to boost revenue amid cut-throat competition and a push for profitability.

07 Mar 2025

US Government

Why Trump has created a Bitcoin reserve in the US

US President Donald Trump has signed an executive order to create a "Strategic Bitcoin Reserve," as confirmed by David Sacks, White House Crypto and AI Czar, in a post on X.

07 Mar 2025

Amazon

Why US government is probing this NVIDIA, Amazon-backed start-up

The US Department of Labor has launched an investigation into Scale AI, a start-up backed by NVIDIA, Amazon, and Meta.

07 Mar 2025

Employment

India's average pay hike to decrease in 2025: Here's why

Deloitte's latest survey predicts that average salary hikes for Indian companies will continue to decline.

07 Mar 2025

Bombay High Court

SEBI to address conflict of interest concerns to improve transparency

The newly appointed chairman of the Securities and Exchange Board of India (SEBI), Tuhin Kanta Pandey, has vowed to bring more transparency in SEBI's board.

07 Mar 2025

Bitcoin

Bitcoin prices drop as Trump's crypto reserve plan disappoints

Cryptocurrency values plunged on Thursday, a day after President Donald Trump announced a strategic Bitcoin reserve for the United States.

07 Mar 2025

Larsen & Toubro

L&T announces 1-day paid menstrual leave for women employees

In a progressive move, engineering and construction giant Larsen& Toubro (L&T) has announced a one-day menstrual leave policy for its female employees.

07 Mar 2025

Google

Google co-founder Larry Page is working on new AI start-up

Larry Page, the co-founder of Google, is diving into the world of artificial intelligence (AI) with a new start-up called 'Dynatomics.'

07 Mar 2025

Canada

After relief to Mexico, Trump pauses tariffs on Canadian imports

US President Donald Trump has announced a temporary suspension of the 25% tariffs he imposed this week on most goods from Canada and Mexico.

06 Mar 2025

Bengaluru

10-minute food delivery start-up Swish raises $14M

Bengaluru-based 10-minute food delivery start-up Swish has raised $14 million (approx. ₹122 crore) in a Series A funding round.

06 Mar 2025

Swiggy

Zomato, Swiggy, Zepto face antitrust case over discount practices

Zomato, Swiggy, and Zepto are being sued by consumer products distributors in an antitrust lawsuit. The complaint accuses these new-age companies of deep discounting practices.

India's oldest index fund turns 25 this March

India's first-ever Nifty 50 index fund, the UTI Nifty Index Fund, has completed a quarter-century since its launch in March 2000. Over the years, it has given a return of 11.51%.

06 Mar 2025

Indian Government

Central government employees may get DA hike ahead of Holi

The Indian government is planning a dearness allowance (DA) and dearness relief (DR) increase, which could benefit over 12 million central government employees and pensioners.

RBI's new rules make gold loans harder to get

The Reserve Bank of India (RBI) is planning to introduce stricter guidelines for gold loans.

Illegal betting, gambling exceed $100B/year, to peak during IPL

The next Indian Premier League (IPL) season is expected to spark a massive surge in illegal betting and gambling activities across India.

Want better bonus? Come to office, Deloitte tells US employees

Deloitte, a top global audit and financial services firm, has updated its hybrid work policy for its US tax division.

06 Mar 2025

Apple

Steve Wozniak criticizes Musk's approach to US government cuts

Apple co-founder Steve Wozniak has publicly slammed the mass layoffs and budget cuts introduced by Elon Musk's Department of Government Efficiency (DOGE).

06 Mar 2025

Goldman Sachs

Goldman Sachs downgrades BSE's stock price target for 2nd time

Global investment bank, Goldman Sachs, has revised its stock price target for BSE Ltd. This is the second adjustment in a week.

06 Mar 2025

Jio

JioStar to lay off 1,100 employees after Reliance-Disney merger

JioStar, the newly formed joint venture of Reliance Industries Ltd's Viacom18 and The Walt Disney Company's India unit, will lay off over 1,100 employees.

06 Mar 2025

Layoff News

DHL to cut 8,000 jobs amid profit decline

DHL has announced plans to lay-off around 8,000 employees this year.

06 Mar 2025

Donald Trump

Trump delays auto tariffs on Canada, Mexico by 1 month

US President Donald Trump has announced a one-month delay on the tariffs imposed on cars imported from Mexico and Canada.

05 Mar 2025

Nifty

Nifty ends 10-day losing streak: Good time to enter market?

The Indian stock market staged a remarkable recovery today, with the Nifty 50 index climbing 1.15% to 22,337.

05 Mar 2025

Gujarat

Tata Electronics will make display semiconductors in this Indian state

Tata Electronics, a subsidiary of the Tata Group, has announced plans to establish a display manufacturing facility in Gujarat.

05 Mar 2025

India

India's billionaire count surges to 191 in 2024

As per the Knight Frank Wealth Report for 2025, India is witnessing an unprecedented growth in its billionaire and high-net-worth individual (HNWI) populations.

05 Mar 2025

Infosys

Indian IT firms cutting bench sizes to boost revenue

Leading Indian IT firms, including TCS, Infosys, Wipro, HCLTech, and Accenture have been trimming bench sizes over the last year.

05 Mar 2025

Bengaluru

50% of India's MF investments come from these 5 cities

Nearly 50% of India's mutual fund investments come from five major cities: Mumbai, Delhi, Bengaluru, Pune, and Kolkata.