IBT Business Desk

Articles by IBT Business Desk

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Mobile Premier League raises $95mn, nears unicorn status

MPL said it will use this fresh influx of funds to expand its eSports portfolio and bolster its efforts to organize more such eSports tournaments nationally and internationally at scale.

Feb 4, 2021

Falling rupee and impact on bank preparedness in fight against Covid-19

Intervention Impact: RBI expected to rein-in rising rupee (Currency Watch)

Experts contend that effects of large FIIs' inflows will be neutralised by the RBI as it aims to keep the country's exports competitiveness.

Jan 24, 2021

Should you buy Bitcoin; cryptocurrency falls below $30K, worst weekly loss in months

Two weeks ago, Bitcoin hit $42,000, but it is now down 30 per cent from that record high. According to reports, increasing calls for regulation is the reason Bitcoin has crashed so big.

Jan 22, 2021

CRED founder backs OnePlus co-founder Carl Pei's new venture [Details]

Kunal Shah, CRED founder, has invested in multiple sectors through his career and this investment is in his personal capacity. Carl Pei's new venture will be officially announced on January 27.

Jan 21, 2021

jack ma alibaba malaysia advisor adviser malaysia digital marketing e commerce india china hong kong

Seeing plight of Jack Ma; No one will invest in Chinese stocks now

Prominent investor Carson Block said Jack Ma's inability to be seen in public is just one of the reasons why China equities are uninvestible.

Jan 12, 2021

Glance transformed phone lock screens, it's now unicorn

With more than 115 million daily active users, Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa, on the lock screen of Android smartphones.

Dec 23, 2020

Watch Boston Dynamics new robot dog open doors

Hyundai buys controlling stake in robot-maker Boston Dynamics in $1.1bn deal; what it means

The deal is also expected to allow Hyundai Motor Group and Boston Dynamics to leverage each other's respective strengths in manufacturing, logistics, construction and automation.

Dec 12, 2020

Can I buy multiple term insurance policies?

The amount of term life insurance coverage you need depends on a number of factors. A good place to start is factoring in the monthly expenses of your dependents.

Nov 26, 2020

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

The firm had also failed to deposit the sum of Rs 165 crore by August 31, 2020, as directed by SAT.

Nov 14, 2020

Sustainable Cosmetics are not only better for the Environment, but also for your body - Kruthika Kumaran, Founder, Vilvah Store

Natural ingredients are less likely to cause skin irritation or allergic reactions.VILVAH is going little beyond here

Oct 28, 2020

Modern world of interiors Ena budhiraja launching dazoro online

Ena Budhiraja or more famously known as Eena B is one such interior designer and her venture, Dazoro Designs she says is giving intense competition to every one of its counterparts.

Oct 19, 2020

Air India facing a very challenging financial situation: Hardeep Puri

In a letter to Rajya Sabha MP Binoy Viswam, Puri provided clarification on Air India's financial condition and the LWP scheme.

Oct 15, 2020

From thinking about the next new normal to making it work: Outbound Midst The Pandemic

I strongly believe that Dubai and Maldives will lead the path for re-starting Indian outbound travel, especially with IPL posing as an enormous opportunity to pace tourism activities

Oct 13, 2020

Entrackr CEO Jai Vardhan's journey to success: Exclusive

IBTimes' freewheeling conversation with Entrackr's co-founder and CEO Jai Vardhan

Oct 11, 2020

India's biggest Amazon fulfilment centre inaugurated in K'taka

The expansion in Karnataka is a part of the company's plans announced in July to add 10 new fulfilment centres and expand seven existing sites in the country.

Oct 9, 2020

Reliance Retail Ventures attract Rs 1,837 crore investment from TPG

TPG's investment will translate into a 0.41 per cent equity stake in RRVL on a fully diluted basis.

Oct 3, 2020

HDFC Bank faces class action law suit in U.S; offers clarification

HDFC Bank denies the allegations and intends to defend itself vigorously in the lawsuit. The Bank expects its response to the lawsuit to be due in early 2021.

Sep 21, 2020

Happiest Minds' stellar debut shakes up Dalal Street; shares prices doubled on listing

With Rs 351 per share on the BSE, with a premium of 111.4 percent against the issue price of Rs 166 per share, Happiest Minds is off to a stellar debut.

Sep 17, 2020

Reliance Retail buys Kishore Biyani's Future Group businesses for Rs 24,713 cr

Future Group's portfolio composition in apparel, general merchandise and own FMCG brands will allow for a wider offering to its customers.

Aug 30, 2020

Walmart teams up with Microsoft to acquire TikTok's American share

If the deal pushes through, TikTok users in the US won't have to depart from their favourite social app.

Aug 28, 2020

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