Business News
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In first quarter of 2018, 38% smartphones were sold online
India is becoming increasingly reliant on e-commerce, especially pertaining to gadgets' sales.
Here's your 'Weekly Industry Insight' for all your stock decisions
Thinking of making money by investing in stocks? But which stocks should give the highest returns throughout this week? And which ones should you avoid?
#FinancialBytes: Know all about Income Tax in India
Income tax refers to the percentage of your income that you're required to pay to the government under the Income Tax Act. Income tax is applicable to both individuals and companies and all types of income, be it from salary, capital gains, business/profession or any other source.
Meet 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.
#FinancialBytes: 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.
After 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily
India's highest-paid banker, Aditya Puri, HDFC Bank CEO, has taken a pay cut of 10.5% for FY18. Despite the reduction, he will earn a whopping Rs. 2.64L per day, or Rs. 9.6cr annually!
BSNL rivals Jio, offers 2GB daily-data with its unlimited recharge-packs
In a bid to take on Reliance Jio's Double Dhamaka offer, state-run BSNL has revised its existing unlimited prepaid packs and vouchers to offer 2GB daily data.
#FinancialBytes: 10 Documents you need while filing your I-T Return
The deadline for filing of Income Tax Return for the FY 2017-18, i.e. July 31, 2018, is approaching fast.
#FinancialBytes: What are virtual credit-cards and how to get one?
Today, most of us prefer online shopping as there are a lot of products available at the click-of-a-button.
Vijay Mallya ordered to pay £200,000 to Indian banks
Embattled liquor baron Vijay Mallya was asked to pay £200,000 (Rs. 1.81 crore) to Indian banks by a United Kingdom court.
Over 1 million OnePlus 6 sold in just 22 days
Over 1 million units of OnePlus's latest flagship smartphone, the OnePlus 6, were sold worldwide in 22 days.
You could soon see your Royal Enfield getting built!
Are you interested in seeing how your Royal Enfield gets built? Well, this desire of yours may soon become a reality.
Business Roundup: Here are today's top 5 Business news
Here comes your business roundup express loaded with all the business new of the day.
Millionaires now control half of the world's personal wealth
According to a new report by the Boston Consulting Group, half of the world's personal wealth now rests in the hands of millionaires and billionaires, up by 5% from their 45% share of personal wealth in 2016.
BSNL commemorates Eid and FIFA World Cup with recharge packs
To commemorate the occasion of Eid and the global celebration of FIFA World Cup 2018, BSNL has introduced two new recharge packs.
#FinancialBytes: Know how to select mutual fund meant for you
Are you thinking of investing in mutual funds but don't know how to choose the best mutual fund scheme?
Business Roundup: Here are today's top 5 Business news
Missed today's business headlines? No worries, here's your daily business dose.
PEs, VCs pump-in $3.2bn investments in May in India: EY
Private equity and venture capital investments in India reached $3.2bn in May, helped by 10 large deals of value greater than $100mn.
FIFA World Cup to boost premium TV-sales by 10-15%: Samsung
Samsung India expects the sales of premium televisions increase by 10-15% during the FIFA World Cup, which kicks off today.
#FinancialBytes: 10 things to keep in mind while buying house
Buying a house is one of the most significant decisions in a person's life, not only financially but also on a personal front.
Bill Gates' $1bn-fund makes first investment in energy storage startups
Breakthrough Energy Ventures (BEV), the $1 billion fund launched by millionaires Bill Gates, Jeff Bezos, Richard Branson, Mark Zuckerberg, Jack Ma, Mukesh Ambani, and George Soros in 2016 to create new energy technologies and fight climate change, is finally making its first investment.
100 Infosys-shares, bought in 1993, would've made you a crorepati
Infosys' share opened at a price of Rs. 1,253 today.
WPI inflation hits 14-month-high of 4.43% on costlier fuel, vegetables
Inflation based on wholesale prices shot up to a 14-month high of 4.43% in May on increasing prices of petrol and diesel as well as vegetables.
Indian-American Dhivya Suryadevara to take over as General Motors CFO
Another person of Indian origin has made their mark on the international platform. Indian-American Dhivya Suryadevara has been named the new Chief Finance Officer (CFO) of General Motors (GM), the US' largest automaker.
Meet Erik Finman: The 19-year-old flamboyant bitcoin millionaire
19-year-old Erik Finman, currently based out of San Francisco, is one of the youngest Bitcoin millionaires in the world.
Business Roundup: Here are today's top 5 Business news
Here are today's top 5 business news.
RBI likely to hike rates again due to inflation: Analysts
Headline inflation surging to a four-month high of 4.87% in May is likely to force the Reserve Bank of India (RBI) to hike rates once again in its August monetary policy review, analysts said.
Micro-delivery start-up Daily Ninja secures $3mn in fresh funding round
Micro-delivery start-up DailyNinja has raised $3 million in a fresh round of funding from Saama Capital and existing investor Sequoia Capital.
Paytm Mall receives $225 million in funding from SoftBank, Alibaba
Paytm Mall, the independent e-commerce arm of digital payments platform Paytm, has received $225 million (Rs. 1509 crore) from Japan's SoftBank and China's Alibaba as the second and final tranche of its latest round of funding.
Tesla is cutting 9% of its staff, seeks profitability first
Tesla CEO Elon Musk has announced that the company will cut 9% of its staff in a push towards becoming profitable.
#FinancialBytes: Why you should choose credit cards over debit cards
On the surface, both credit and debit cards are almost identical- both are plastic money, carry 16-digit card number, expiry date and PIN codes.
Patanjali: The journey of India's fastest-growing FMCG company
Twelve years ago, Baba Ramdev-led Patanjali Ayurved Limited started its journey as a small-sized pharmacy, which sold ayurvedic medicines.
Here are the 5 apps that every entrepreneur should use
Are you a self-starter, energetic, creative and determined individual? Simply, in one word are you an entrepreneur?
Poor working conditions in Amazon: Isolated incident or a pattern?
A report by New York-based labor watchdog, China Labor Watch (CLW), revealed terrible working conditions at a Foxconn-owned Amazon facility in Hengyang, China, and understandably the e-commerce giant has come under fire.
Samsung Carnival on Flipkart: Here's more on the top deals
Samsung is hosting its Carnival sale on Flipkart starting today i.e. June 12 till June 14.
Inshorts' AI-based news summarization to generate 100,000 'shorts' per month
India's highest rated news application Inshorts introduced Artificial Intelligence-backed algorithmic summarization on its app which will help in summarizing more than 100,000 articles per month.
Air India sale: After flop-show, government mulls selling 100% stake
After a flop attempt at handing off its money-guzzling flag carrier to the private sector, the government is now mulling selling 100% shares of Air India.
Business Roundup: Here are today's top 5 Business news
Hola! Missed the business headlines of the day? No worries, here's your daily wrap of business news.
Videocon: PM Modi, SC, Brazil responsible for Rs. 39,000cr debt
Videocon Industries Ltd., with its massive Rs 39,000cr debt, is facing bankruptcy proceedings after the National Company Law Tribunal (NCLT) admitted a plea from lenders last week, led by the State Bank of India.
Uber launches Uber Lite, a 5MB app for India
Uber already sees around 75 million riders per month, and around 15 million rides a day.