Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
04 May 2018
India#FinancialBytes: 6 best apps for investing in mutual funds
Today, mutual funds have emerged as one of the hottest investment choices for all investors as they are easy to invest in and also suit every budget.
04 May 2018
FlipkartThe love triangle of Amazon, Flipkart, and Walmart
Here's the story: Basically, the two US retail rivals Walmart and Amazon are both attempting to buy Flipkart, which is the best start-up India has produced in over a decade.
04 May 2018
FacebookNeeraj Arora could be the new CEO of WhatsApp
After WhatsApp CEO and co-founder Jan Koum confirmed that he is quitting the company, reports have surfaced that the popular chat app's next potential CEO could be Neeraj Arora, who's the head of "All Things Business" at the company.
04 May 2018
South AfricaThis UK company is brewing beer using leftover bread
Toast Ale, a British craft beer company, has started something novel by deciding to use wasted food.
03 May 2018
India#FinancialBytes: 7 apps you can use to invest in gold
Indians just love gold and share a special bond with it. Apart from buying gold, it's common for Indians to invest in the yellow metal.
03 May 2018
Mark Zuckerberg100 gms of entrepreneurship: What are the ingredients
Find what you love, and let it kill you - that's what an entrepreneur does on a daily basis.
03 May 2018
IndiaDigital ad market to touch Rs. 12,046cr by December: Report
Digital advertising spends in India are estimated to grow at a compounded annual growth rate of 30% to reach Rs. 12,046cr by 2018-end, says an Internet and Mobile Association of India (IAMAI) and Kantar IMRB report.
03 May 2018
XiaomiXiaomi files for the biggest Chinese tech IPO since 2014
Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).
03 May 2018
Donald TrumpCambridge Analytica shuts down operations after Facebook scandal
Cambridge Analytica, the political research firm accused of using personal information of 87 million Facebook users without consent to manipulate voters ahead of the 2016 US Presidential elections, is shutting down.
02 May 2018
Central Bureau Of Investigation (CBI)Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
02 May 2018
India50Mbps internet, 40L new jobs: Here's what the national-telecom-policy proposes
The Department of Telecom (DoT) has released its draft National Telecom Policy (NTP) for 2018, and it has some steep aims.
02 May 2018
IndiaApple putting lot of energy in Indian market: Tim Cook
Apple Inc is putting a lot of energy in India with an aim to launch all its initiatives, including retail, in the country where it has an "extremely low" overall market share, the technology giant's CEO Tim Cook has said during Apple's second quarter 2018 earnings call yesterday.
02 May 2018
IndiaIndian-American IT company fined for violating H-1B salary requirements
On Wednesday, an Indian-American IT company was asked to pay a fine of $173,044 in wages to 12 of its foreign employees, most of them Indian, for violating the H-1B visa programme's salary requirements.
02 May 2018
India#FinancialBytes: 6 top financial planning apps every millennial should use
Millennials are making more money than their previous generations, but when it comes to financial planning, they lag behind.
01 May 2018
IndiaGovernment collected Rs. 1.03 lakh crore as GST in April
The government mopped up Rs. 1.03-lakh-crore as Goods and Services Tax (GST) collection in Apr'18, indicating stabilization of the new indirect tax regime that was rolled out in July'17.
01 May 2018
FacebookWhatsApp CEO Jan Koum quits over privacy clashes with Facebook
WhatsApp CEO and co-founder Jan Koum has confirmed that he is leaving the company.
01 May 2018
IndiaXiaomi increases prices of its best-selling products. Here's why
Xiaomi is increasing the prices of Redmi Note 5 Pro smartphone and Mi TV 4 (55-inch model) by Rs. 1,000 and Rs 5,000 respectively. The new prices will be effective from May 1.
01 May 2018
Bharti AirtelAirtel launches Rs. 129 plan bundled with free Hello Tunes
Airtel now seems to be targeting subscribers who like to set caller tunes.
30 Apr 2018
IndiaReport: Tax collection up by Rs. 1.5 lakh crore
The Union government's drive towards bringing more people under the tax net has helped it collect an additional Rs. 1.5 lakh crore in direct taxes during 2017-2018.
30 Apr 2018
Bombay High CourtGoAir sues former MD for stealing info before joining IndiGo
Budget airline GoAir has sued its former managing director and current IndiGo COO, Wolfgang Prock-Schauer, in the Bombay High Court for the alleged theft of confidential information from GoAir.
29 Apr 2018
Uttar PradeshThis Indian start-up pays you for your used cigarette butts
If you are a smoker, collecting used cigarette butts might make you some money.
29 Apr 2018
Ministry of Finance#FinancialBytes: Best investment options for those who earn Rs. 1L
Creating wealth by making investments and earning good returns is essential for anyone as earning money isn't always enough these days to fund one's financial goals.
29 Apr 2018
Reliance JioDo away with old dongle and buy JioFi 4G device
Reliance Jio has launched an exchange offer under which users can buy a new JioFi M2S dongle and exchange their old dongle or modem of any other company.
28 Apr 2018
FacebookFacebook warns users about other Cambridge Analytica-sized scandals
Facebook is on the hunt for other Cambridge Analytica-sized scandals and has warned both users and investors about the same.
28 Apr 2018
IndiaAditya Ghosh resigns as IndiGo president, Rahul Bhatia appointed interim-CEO
After 10 long years and an incredible journey, IndiGo Working Director and President Aditya Ghosh has announced his resignation from both posts, effective 26th April and July 31st, respectively.
28 Apr 2018
Android#FinancialBytes: Top 6 apps that help you track personal expenses
Earning money is difficult but spending it is easy; but it is important to manage money efficiently as it is essential to secure one's future.
28 Apr 2018
IndiaSamsung dominates Indian premium smartphone market with 50% share
According to a report by market research firm Counterpoint, Samsung has emerged as the leader in the Indian premium smartphone market (above Rs. 30,000) with the largest market share of 50% in Q1 2018.
27 Apr 2018
Ministry of FinanceRevenue collection from GST stands at Rs. 7.41-lakh-crore in FY18
The government mobilized Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18 that was rolled out from 1 Jul'17.
27 Apr 2018
LondonJail or freedom? Vijay Mallya's extradition fate nearing decision
Flamboyant businessman Vijay Mallya's extradition hearing in London court is nearing its end, Hindustan Times reported.
27 Apr 2018
India#FinancialBytes: 7 Indian start-ups that offer micro loans to professionals
When it comes to taking loans, there are many options available in India; people can borrow money from banks/financial institutions easily.
27 Apr 2018
IndiaAfter SBI, HDFC hikes term deposit interest rates
In a bid to increase its deposits, HDFC Bank has now hiked interest rates on term deposits by up to 100 basis points (one percentage point).
27 Apr 2018
FacebookFacebook sales up by 50% despite Cambridge Analytica scandal
Despite the recent massive data privacy scandal involving political consultancy firm Cambridge Analytica, Facebook's quarterly sales have risen by almost 50% at the end of the first quarter of 2018.
27 Apr 2018
ZomatoSwiggy to start delivering medicines, groceries to boost company volume
Bengaluru-based food delivery start-up Swiggy is reportedly planning to enter the hyperlocal segment starting with medicine and grocery deliveries.
26 Apr 2018
India40mn JioPhones sold so far, 21mn in Q1 2018: Report
According to a survey by financial services company Credit Suisse, it is estimated that 40 million JioPhones have been sold till date.
26 Apr 2018
IndiaMeet the 6 youngest self-made Indian billionaires under 50
Becoming a self-made billionaire is no easy task; it's one of the greatest achievements.
26 Apr 2018
India#FinancialBytes: Investing in stocks? These start-ups help you with decide
Everyone wants to invest their hard-earned money and grow it smartly. There are several investment options today, but stock investments remain one of the best and popular options to earn higher returns.
26 Apr 2018
Indian Premier League (IPL)Reliance Jio offers 112GB free data under new IPL-centric offer
Reliance Jio has launched an offer called JioPhone Match Pass, under which subscribers can get up to 112GB of free data with a total validity of up to 56 days this IPL season.
25 Apr 2018
SmartphonesChinese smartphone maker Comio to invest Rs. 500cr in India
Chinese smartphone maker Comio will invest Rs. 500cr in the Indian market by the end of this year.
25 Apr 2018
IndiaHonor among fastest-growing smartphone brands in India in Q1 2018
Huawei's e-brand for digital natives, Honor, has emerged as one of the fastest growing smartphone brands in Q1 2018 in India.
25 Apr 2018
Vijay MallyaUnder new-law, Mallya, Modi, Choksi's assets might be seized soon
The recent Fugitive Economic Offenders Ordinance has given new teeth to the Enforcement Directorate (ED), which has moved swiftly to seize assets of Vijay Mallya, Nirav Modi and Mehul Choksi.
