Business News
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01 Aug 2018
FlipkartFlipkart's upcoming free loyalty program to compete with Amazon Prime
In a bid to take on Amazon's Prime subscription service, Walmart-owned Flipkart has now announced the launch of a similar customer benefits program called 'Flipkart Plus' on August 15.
01 Aug 2018
GSTGST collection rises to Rs. 96,483 crore in July
GST collections rose to Rs. 96,483cr in July from Rs. 95,610cr mopped up in the previous month, the Finance Ministry said.
01 Aug 2018
State Bank of India (SBI)Indian Oil tops 7 Indian firms on Fortune 500 list
Seven Indian companies have made it to the latest Fortune 500 list of the world's biggest corporations in terms of revenue, with the state-owned Indian Oil Corp (IOC) continuing to be the highest ranked Indian firm and Reliance Industries (RIL) jumping 53 places.
01 Aug 2018
IndiaSeems like you have to wait longer for WhatsApp Payments
WhatsApp's Payments service has hit yet another hurdle in India - now, the government has reportedly told WhatsApp that it can't roll out the service till it sets up an office and recruits a team in India.
01 Aug 2018
iPhoneApple's Q3 performance: Check out the mind-boggling numbers
In a volatile market which saw Facebook and Twitter lose 20% of their value, Apple has, rather unsurprisingly, reported strong results for its third quarter, ended June 30.
01 Aug 2018
IndiaRedmi Note 5, Mi TV flash sales today on Flipkart
Xiaomi Redmi Note 5 Pro and Mi TVs will go on sale in India, starting 12pm today.
31 Jul 2018
United KingdomFearing condoms may burst, Durex recalls batch
Condom makers Durex recalled ten batches of its non-latex Real Feel and Latex Free condoms sold in the United Kingdom (UK) and Ireland, over the fear that they might burst.
31 Jul 2018
Flipkart#NewPolicy: Are these the last days of cheap online shopping?
Online shoppers might be in for some bad news if the government's new draft e-commerce policy is approved.
31 Jul 2018
India2018 Honda CR-V India launch expected this festive season
Honda Motors will launch its 2018 CR-V in India around the festive season i.e. September-October period, according to people familiar with the matter.
30 Jul 2018
IndiaHonor 9N flash sale tomorrow on Flipkart: All details here
Huawei-owned Honor's recently launched mid-budget smartphone, the Honor 9N, will go on sale for the first time in India tomorrow at 12 Noon.
30 Jul 2018
FlipkartHealth start-up Cure.Fit raises $120mn in Series C funding
Bengaluru-based health and fitness start-up Cure.Fit has raised a massive $120mn (around Rs. 825cr) in its Series C round of funding led by existing investors IDG Ventures, Accel Partners, and Kalaari Capital.
30 Jul 2018
India#FinancialBytes: Top 5 student credit cards in India
With the ever-rising cost of living in cities, and expanding fee-structures, students run out of money, especially during month-end.
30 Jul 2018
Times of IndiaITR filings have doubled, refunds have increased significantly
While the Finance Ministry has extended the deadline for filing of annual income tax returns (ITRs) to August 31, it seems like the government's efforts to bring more eligible people under the tax net has worked.
29 Jul 2018
India#FinancialBytes: 5 reasons why you should invest in mutual funds
You've probably already heard a lot about mutual funds from friends (and seen a number of commercials on television too).
29 Jul 2018
Employees Provident Fund Organization (EPFO)5 ways to check your PF balance
Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.
28 Jul 2018
IndiaXiaomi reduces prices of these 3 Mi Power Banks
Following the GST rate cut on Lithium ion batteries from 28% to 18%, Xiaomi has slashed the prices of all its power banks.
28 Jul 2018
YouTubeYouTube to take on Netflix, Amazon with its original content
In a bid to take on Netflix and Amazon Prime in the original content space, YouTube is in the process of making its own, original, scripted web series for several international markets including India, France, Germany, Mexico, and Japan.
28 Jul 2018
FacebookShareholder sues Facebook, CEO Zuckerberg after $120 billion stock plunge
In what could be the first of many lawsuits over Facebook's disappointing earnings announcement, Facebook shareholder James Kacouris, has filed a suit against Facebook, CEO Mark Zuckerberg, and CFO David Wehner for allegedly making misleading statements about Facebook's slowing revenue growth, falling operating margins, and declining users.
28 Jul 2018
ICICI Bank#FinancialBytes: All about savings account with SBI, HDFC, ICICI, Axis
Gone are the days when opening a new bank account was a hassle - the advent of the internet has made the process easier.
28 Jul 2018
FacebookThere's no free lunch, not even for Facebook employees
They say that there's no free lunch, and that now seems to be applicable to Facebook as well.
28 Jul 2018
Ram (Random Access Memory)Reliance Jio rolls out Digital Pack: All details here
Reliance Jio has started to roll-out a new Digital Pack wherein prepaid Jio customers will get 2GB data per day for free.
27 Jul 2018
WorkplaceWork messaging wars: Slack acquires rivals, wins the battle
In a surprise announcement, work messaging platform Slack has announced that it has acquired rival HipChat from enterprise software giant Atlassian.
27 Jul 2018
IndiaDespite 12% GST-cut, price of sanitary-napkins to drop by 2-3%
Days after sanitary napkins were exempted from GST, companies like Procter & Gamble (P&G) and Johnson & Johnson (J&J) have announced price cuts.
27 Jul 2018
IndiaGST-cut: Refrigerators, washing-machines, vacuum-cleaners are now 8-10% cheaper
If you were looking to buy a refrigerator, washing machine, vacuum cleaner or a small-screen TV, now is the time: industry insiders say prices will fall to a two-year low after the biggest GST rate cut since November, that was announced last week.
27 Jul 2018
Tax Deducted at Source (TDS)#FinancialBytes: 9 things to keep in mind while filing ITRs
July has almost come to an end, and the deadline to file ITR ie. 31 July (for most of us) is closer than ever, with just 4 days to spare.
26 Jul 2018
IndiaVodafone-Idea merger approved by Department of Telecommunications
Confirming what was already on the cards, the Department of Telecommunications (DoT) has approved the merger between Vodafone and Idea Cellular after the two companies collectively paid the DoT Rs. 3,900cr, and gave bank guarantees worth Rs. 3,300cr.
26 Jul 2018
Income Tax Department of IndiaITR filing deadline extended for 'certain categories' of taxpayers
In a tweet, the Finance Ministry has announced that the deadline for the filing of Income Tax returns has been extended by a month to August 31, 2018, albeit only for certain categories of taxpayers.
26 Jul 2018
IndiaKIA Motors bets big on SUVs, five models in three-years
Korean auto-maker KIA Motors is betting big on its maiden India launch with a mid-sized SUV and plans to introduce five models within three years beginning 2019.
26 Jul 2018
Kumar Mangalam BirlaBirla-owned Hindalco's subsidiary to acquire Aleris for $2.6bn
Novelis, a subsidiary of Aditya Birla Group-owned Hindalco Industries limited, has agreed to buy US aluminium producer Aleris Corporation, thereby keeping Kumar Mangalam Birla's aggressive overseas expansion operations on track.
26 Jul 2018
Central Bureau Of Investigation (CBI)114 companies, 1-room: Kin of tainted Satyam founder under scanner
In a shocking discovery, the family members of founder and ex-chairman of Satyam, B. Ramalinga Raju were found operating 114 shell companies from a one-room office in Hyderabad.
26 Jul 2018
FacebookZuckerberg loses a whopping $16.8 billion as Facebook's stock plunges
On the back of scandals and investigations, embattled Facebook Inc.'s shares went into freefall on Wednesday following sluggish sales growth.
26 Jul 2018
State Bank of India (SBI)Sensex hits 37,000 mark for the first time
The BSE Sensex crossed the 37,000-mark for the first time today by jumping 156.42 points, or 0.42%, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday.
26 Jul 2018
India#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.
25 Jul 2018
Karnataka#FinancialBytes: How to file your ITR using form ITR-3?
Just six days are left for you to file your ITR. So, if you haven't yet, do it as soon as possible, so as to avoid facing a penalty.
25 Jul 2018
NestleKitKat loses 16-year-old case to trademark its 4-fingered wafer bar
After a decade-long battle to trademark its four-finger wafer shape, KitKat-maker Nestle has been asked to take a break by the European Court of Justice.
25 Jul 2018
Maruti SuzukiMaruti recalls 1,279 units of Swift, Dzire: Is yours affected?
On Wednesday, Maruti Suzuki India announced that it would recall 1,279 units of the new Swift and Dzire to probe a possible fault in their airbag controller units.
25 Jul 2018
Income Tax Department of India#FinancialBytes: Here's how you can file the I-T return yourself
Every individual, whose total income during a financial year exceeds the maximum income not chargeable to tax, is required to file an income tax return (ITR) as per the Income Tax Act, 1961.
24 Jul 2018
IndiaAfter Android, UPI-based Truecaller Pay comes to iOS
Last year in March, popular caller identification app Truecaller, launched its UPI-based payment service - Truecaller Pay - for Android users in India.
24 Jul 2018
South KoreaThis start-up has invented the best cure for hangovers
82 Labs is a US-based start-up that manufactures drinks to reduce morning-after hangovers.
24 Jul 2018
Income Tax Department of India#FinancialBytes: Form 26AS and its role in filing ITRs
The deadline for filing ITR i.e. July 31, is just a week away. So, if you haven't yet filed your ITR, do it now to avoid getting penalized.