Business News

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19 Aug 2018

India

Walmart completes acquisition of Flipkart, pumps in $2bn

On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.

#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.

Second flash sale of JioPhone 2 on August 30

In case you've been itching to buy a JioPhone 2, but missed the flash sale on August 16, worry not, there's another one coming.

18 Aug 2018

Elon Musk

Following Musk's interview, Tesla shares plummet again

There has been a lot of speculation about Tesla's future of late, and on Friday, the company's stocks took a pounding after a lengthy Elon Musk interview raised further questions about the company's future.

18 Aug 2018

Air India

Unpaid Air India pilots threaten to stop flight operations

A section of Air India pilots have threatened to stop flight operations if the airline fails to clear their overdue flight allowances immediately.

#FinancialBytes: 4 things to know if you haven't filed ITR

The due date for filing ITRs for this year has been extended by a month, from the earlier deadline of July 31 to August 31.

16 Aug 2018

Maruti Suzuki

Maruti Suzuki India hikes prices by up to Rs. 6,100

Country's largest carmaker Maruti Suzuki India (MSI) today hiked prices of its vehicles by up to Rs. 6,100 (ex-showroom Delhi) to partially offset an increase in commodity and distribution costs and adverse foreign exchange rates.

16 Aug 2018

Google Maps

Google One launches in US, offers new, cheaper cloud storage

For reasons as yet unknown, Google is rebranding its Google Drive storage plans as Google One, and has introduced newer, cheaper cloud storage plans for its customers, marking the first price cut in its cloud storage service in over four years.

16 Aug 2018

Canada

Corona beer owner invests $4bn in weed; what's the craze?

In what could be the biggest investment in the marijuana industry till date, Corona beer owner Constellation Brands is all set to invest $4bn in Canopy Growth, Canada's largest cannabis producer.

16 Aug 2018

OYO Rooms

OYO looking to raise $1bn, valuation might cross $4bn

It seems that budget hotel network OYO Rooms is getting ready for yet another round of funding, and is reportedly looking to raise an amount between $500mn to $1bn.

16 Aug 2018

India

Falling Rupee, not a cause of worry: Niti Aayog VC

Niti Aayog Vice-Chairman Rajiv Kumar today said the falling rupee is not a cause of worry as it is getting back to its natural value.

16 Aug 2018

Independence Day

Rupee continues to fall, hits new-low of 70.32 against USD

The Rupee today slumped 43 paise against the US Dollar to trade at a lifetime low of 70.32 on strong demand for the US currency.

16 Aug 2018

Reliance Jio

JioPhone 2 flash sale starts at 12pm: All details here

JioPhone 2, the successor to the popular JioPhone, will be available for purchase starting 12pm today, via a flash sale on Jio.com.

15 Aug 2018

Tinder

Tinder founders sue parent companies Match Group, IAC for $2bn

Tinder co-founders Sean Rad and Jonathan Badeen, along with eight other former and current Tinder employees, have sued parent company Match Group, and its holders IAC for a whopping $2bn.

15 Aug 2018

Samsung

Believe it or not, you can now rent a smartphone

After furniture, home appliances, and vehicles, consumer rental website RentoMojo is now offering smartphones on rent.

JioPhone 2 goes on sale from August 16: Details here

JioPhone 2, the successor to the popular JioPhone, will be available for purchase starting tomorrow i.e. August 16 at 12pm via a flash sale on Jio.com.

15 Aug 2018

India

Jio GigaFiber registrations begin from August 15: All details here

After disrupting the telecom industry, Mukesh Ambani-led Reliance is primed to take on the broadband space in India.

15 Aug 2018

India

6 common financial mistakes we make, but should avoid

Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.

14 Aug 2018

India

India's richest women list: Smitha Crishna tops it

We've heard enough about India's richest people.

Your SBI ATM card might stop working after December 31

If you're an SBI ATM card holder, chances are that your ATM card might stop functioning December 31 onwards, if you don't take the requisite action.

14 Aug 2018

India

#FinancialBytes: Here's how you can apply for an e-PAN online

If you don't have a Permanent Account Number (PAN), you can now apply for an instant e-PAN online using the Aadhaar-based KYC procedure launched by the Income Tax department.

14 Aug 2018

India

Rupee fall due to external factors, nothing to worry: Govt

The government today blamed external factors for the rupee's fall to an all-time low against the US Dollar and said there is nothing to worry at this stage.

14 Aug 2018

India

Is China printing Indian currency? China hasn't denied it yet

China has yet to deny a report by the South China Morning Post (SCMP) which claimed that China Banknote Printing and Minting Corporation (CBPMC) was printing currency notes for India and several other countries.

14 Aug 2018

India

Rupee tumbles to lifetime low of 70.09 against US Dollar

Reversing all its early gains, the Rupee today collapsed to a lifetime low of 70.09 against the US Dollar, falling 16 paise amid fears that the Turkish currency crisis, which sent shockwaves through markets, could lead to a global financial meltdown.

14 Aug 2018

Xiaomi

Xiaomi Redmi Y2, Mi TV 4 go on sale today

Xiaomi's camera-centric Redmi Y2 and popular Mi Smart TVs will go on sale today at 12pm.

13 Aug 2018

India

JioPhone 2 sales start from August-15: Here's how to buy

JioPhone 2, the recently announced successor to JioPhone, will go on sale in India starting August 15.

13 Aug 2018

Saudi Arabia

Looks like a private Tesla might get Saudi Arabia's backing

Following Elon Musk's announcement of his plans to take Tesla private, Tesla's shares had plummeted owing to no investors backing to the plan.

13 Aug 2018

India

Nokia 2.1, Nokia 5.1 go on sale in India today

HMD Global's recently launched Nokia 2.1, Nokia 5.1 and Nokia 3.1 (3GB RAM variant), will go on sale today in India.

13 Aug 2018

India

Maruti Suzuki Dzire special-edition launched for Rs. 5.56 lakh

Maruti Suzuki has launched a special edition of its popular Dzire compact sedan in India.

12 Aug 2018

India

What is cyber insurance and why do you need it?

Generally, wherever there is a threat, there's an insurance company working against it.

12 Aug 2018

E-commerce

Malls evolving to entertainment-cum-shopping centers as retailers woo away customers

As e-commerce continues to eat into traditional retail including modern trade, shopping malls are remodeling and rearranging themselves as recreation centers offering a "shop entertainment" experience to customers, say industry experts.

Here's how you can book JioPhone 2: A step-by-step guide

First announced at Reliance's 41st AGM last month, the JioPhone 2 will be available for purchase from August 15.

#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.

11 Aug 2018

Bharti Airtel

You can own Samsung Galaxy Note 9 for Rs. 7,900

Bharti Airtel has announced a scheme wherein Samsung Galaxy Note 9 will be available for a down-payment of Rs. 7,900, as part of a contract.

11 Aug 2018

Microsoft

Microsoft CEO Satya Nadella sells $35mn-worth shares in biggest sale

Microsoft's Indian-origin CEO Satya Nadella has netted over $35 million after selling almost one-third of his common shares in the software giant.

11 Aug 2018

Mumbai

Bajaj Electricals MD, Anant Bajaj, dies at 41

In a shocking incident, Bajaj Electricals MD, Anant Bajaj died on Friday night. He was just 41. Preliminary reports suggested Mr Bajaj suffered a sudden cardiac arrest in Mumbai.

11 Aug 2018

India

iPhone X available with Rs. 10,000 cashback on Paytm Mall

Paytm is hosting the Paytm Mall Freedom Cashback Sale (ends August 15) to commemorate India's 72nd Independence Day.

10 Aug 2018

India

Snapchat dysmorphia: Aiming to mirror perfect-selfies, people want plastic surgeries

A phenomenon called 'Snapchat dysmorphia' has troubled doctors all over, as now patients don't want to look like celebrities but their unreal versions.

#FinancialBytes: 4 things to know if you haven't filed ITR

The due date for filing ITRs for this year has been extended by a month, from the earlier deadline of July 31 to August 31.

10 Aug 2018

Facebook

Facebook has now learned a "psychological trick" to lure teens

In another revelation about Facebook's growth-at-any-cost approach, an internal Facebook note has revealed that the company has learned a new "psychological trick" to lure more teens into using its platform.