Business news

An iPhone with bloatware or no iPhone at all: Russia passes new law

When the new Russian law comes into effect, a lot of companies might have to exit the market or comply with an odd request.

Nov 25, 2019

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm secures $1 billion in latest funding round, T. Rowe Price joins as investor

Paytm plans to invest ₹10,000 crores over the next three years to bring financial inclusion to areas, which are yet to get traction.

Nov 25, 2019

Louis Vuitton owner to buy Tiffany & Co for $16.2 billion, biggest acquisition of all time

Fashion and accessories brands including Christian Dior generate the bulk of earnings at LVMH, run by France's richest man, Bernard Arnault, though growth in jewellery has shone in recent years.

Nov 25, 2019

How Swiggy turned novel idea into successful business model

Swiggy has spearheaded the cloud kitchen initiative towards success in a matter of just two years.

Nov 25, 2019

What growth woes? Sensex hits life-time high of 40,846, Nifty above 12,050

India is scheduled to release its Q2 GDP figures later this week which is widely expected to be below 5 per cent.

Nov 25, 2019

cash, money, atm, layoffs, salary, hike, money, mutual funds, employees, hiring, it jobs, it hiring, tcs, wipro, infosys, tech mahindra

Karvy stock broking scam: Here's all you need to know about Rs 2,000 crore fraud

An investigation by National Stock Exchange (NSE) showed that between April 2016 and October 2019, Karvy had transferred a net amount Rs 1,096 crores to its group firm Karvy Realty.

Nov 24, 2019

More than 500 hotels across 100 cities check-out of Oyo Rooms; here's why

The customers seem to have sandwiched between the tussle as they are complaining on the social media that hotels are accepting their bookings made on hotel aggregator Oyo's website when they tried checking-in.

Nov 23, 2019

Soon, WhatsApp, Facebook and others could start tracing messages for Indian govt

Indian govt can demand message traceability from Facebook, WhatsApp, TikTok and others if the new IT rules come into effect.

Nov 22, 2019

What does future hold for DHFL after RBI supersedes board?

Adversely affected by country's non-banking financial corporation (NBFC) crisis, the DHFL's debt has significantly ballooned to Rs 88,000 crore.

Nov 22, 2019

Subash Chandra to cede control of Zee Entertainment after stake sale

The promoter stake in Zee Entertainment will be reduced to 5 per cent, which means that media baron Subhash Chandra will lose control of Zee Entertainment Enterprises Ltd.

Nov 21, 2019

Disinvestment drive: Big ticket strategic sale of BPCL, 4 other PSUs

FM Nirmala Sitharaman said that while the Centre will strategically disinvest BPCL, SCI and CONCOR, it will sell its entire stake in THDC India Ltd and NEEPCO to another state-run power major, NTPC.

Nov 21, 2019

Government grants telcos relief by deferring spectrum payments

SC had earlier said telecom operators must pay the pending amount of nearly $13 billion to the government within three months, putting leading operators Vodafone Idea and Bharti Airtel at risk.

Nov 21, 2019

Challenges faced by major airlines reflect in plane orders at Dubai Airshow

As the premier air show entered its fourth day, the overall order position is much lower than that of the previous edition two years ago.

Nov 20, 2019

Are Swiggy-Zomato merging amid reports of Amazon entering food delivery business?

The proposed merger could draw attention from the Competition Commission of India (CCI) as the merged entity would control the major part of the online food delivery business leading to monopoly.

Nov 20, 2019

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Total sales of Rs 31,000 crore of Amazon and Flipkart were 14% off the target; expansion of e-tailers into new geographies in a slowing economy gripped by credit crunch has worried traders across the country.

Nov 19, 2019

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Business news

An iPhone with bloatware or no iPhone at all: Russia passes new law

Paytm secures $1 billion in latest funding round, T. Rowe Price joins as investor

Louis Vuitton owner to buy Tiffany & Co for $16.2 billion, biggest acquisition of all time

How Swiggy turned novel idea into successful business model

What growth woes? Sensex hits life-time high of 40,846, Nifty above 12,050

Karvy stock broking scam: Here's all you need to know about Rs 2,000 crore fraud

More than 500 hotels across 100 cities check-out of Oyo Rooms; here's why

Soon, WhatsApp, Facebook and others could start tracing messages for Indian govt

What does future hold for DHFL after RBI supersedes board?

Subash Chandra to cede control of Zee Entertainment after stake sale

Disinvestment drive: Big ticket strategic sale of BPCL, 4 other PSUs

Government grants telcos relief by deferring spectrum payments

Challenges faced by major airlines reflect in plane orders at Dubai Airshow

Are Swiggy-Zomato merging amid reports of Amazon entering food delivery business?

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Shah Rukh Khan's Pathan: Assistant slaps director Siddharth Anand, shoot stalled

US condemns China for 'genocide' against Uighur Muslims, prompts tough international sanctions

Patriot Party: Trump's new political faction set to revolutionize US democracy, says report