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Zomato App

Markets trade in green; indicate positive response to Zomato's debut [details]

Zomato's debut moved the market higher, with India's leading equity indices making minor gains during the per-noon trading session. Zomato's equities began with a hefty 68 percent increase. Jul 23, 2021
Zomato App

SEBI chief: IPOs like Zomato show maturity of Indian market; Listing today

The successful IPO of Zomato which has been running in losses shows the maturity of Indian markets, says SEBI Chairman Ajay Tyagi Jul 23, 2021
Salesforce

Salesforce completes $27.7 billion acquisition of Slack

Salesforce has completed its acquisition of Microsoft Teams rival and enterprise chat platform Slack. Salesforce claims that merging Slack with its Customer 360 platform will alter the industry. Jul 22, 2021
Adani

SEBI probing some Adani group cos, says Minister; Firm denies any query received so far

Minister of State for Finance, Pankaj Chaudhary informed Lok Sabha that the SEBI is investigating some Adani group companies with regard to compliance with regulations but the company denied receiving any communication in this regard so far Jul 20, 2021
sensex

Sensex down by 383 points; GR Infra, Clean Science make debut at 100% premium

Sensex was down by 383 points on Monday when markets opened though GR Infra and Clean Science elevated spirits with their debut at 100% premium Jul 19, 2021
Reliance Retail

Reliance Retail to acquire controlling stake in Just Dial for ₹3,497 crore; what's next for JD [details]

These investments will leverage Just Dial's existing database of 30.4 million listings and its existing consumer traffic of 129.1 million quarterly unique users. Jul 16, 2021
OYO Rooms

OYO becomes first Indian startup to be rated by Moody's and Fitch; raises $660M in debt funding [details]

OYO is the first Indian startup to be publicly rated by Moody's and Fitch, two of the leading international rating agencies, which put the startup in the 'non-investment grade' category. Jul 16, 2021
fedex aircraft

FedEx invests $100 million in Delhivery; unlocks India's cross-border trade [details]

As part of the collaboration, Don Colleran, President and CEO of FedEx Express will be nominated to join the Delhivery Board of Directors. With the fresh capital, Delhivery's valuation was expected to rise to over $3 billion. Jul 16, 2021
sensex

Sensex sheds gains on Friday morning, falls 200 points from day's high

Sensex touched an all-time high of 53,290.81 and the Nifty50 on the National Stock Exchange hit a record level of 15,952.35 points on Friday morning Jul 16, 2021
Baby Mithraa

Two-year-old Mithraa needs ₹16 crore drug to live; Govt waives off customs, GST [details]

The sum total of GST, import duty and other taxes amount to a whopping 35 percent of the cost of the medicine. The life-saving drug needs to be administered to a child less than two years to treat a rare genetic disorder of spinal muscular atrophy. Jul 16, 2021
Social Media

Governments across the globe demanding Twitter to remove content of reporters, news outlets

From July 1 to December 31, it received over 14,500 requests for information worldwide, with 30 percent of those requests resulting in the production of part or all of the requested information Jul 15, 2021
Mastercard

RBI bans Mastercard from onboarding new customers in India [here's why]

Mastercard will have to advise all card-issuing banks and non-banks to conform to the latest directions given by the apex bank. Jul 15, 2021
Money rupee

Centre hikes Dearness Allowance to 28%; benefits 50 lakh central govt employees [details]

The decision was taken in the Cabinet Committee meeting chaired by Prime Minister Narendra Modi at his official residence earlier in the day. Jul 14, 2021
mumbai airport

Adani Group takes over Mumbai Airport from GVK group

Mumbai International Airport Limited (MIAL), India's second busiest airport by both passenger and cargo traffic, passed on management from the GVK Group to Adani group Jul 14, 2021
patanjali

Taxpayers make note; contribution to Patanjali Research Foundation get tax exemption [details]

The Income Tax Department granted five-year tax exemption to Patanjali Research Foundation Trust by recognising it as a research association. Jul 14, 2021
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