Business News

27 Nov 2021, 18:52

Paytm Q2 result — Operational revenue crosses ₹1000 crore, loss widens by ₹37 crore

India's leading digital ecosystem for consumers and merchants, Paytm announced its second quarter earnings report. The digital payments and fina...

24 Nov 2021, 10:34

Rakesh Jhunjhunwala-backed Star Health and Allied Insurance set to open its IPO next week — here are a few important details

The health insurer’s IPO is looking to raise ₹7,249 crore through the public issue of shares. The IPO consist...

23 Nov 2021, 16:00

Tamil Nadu government aims to bring ₹35,000 crore into state by signing deals with 59 companies

The Tamil Nadu government has signed Memorandum of Understanding (MoU) with 59 companies, which will lead to investments wor...

20 Nov 2021, 09:47

Reliance's $15 billion deal with Saudi Aramco has been called off

RIL decided to 're-evaluate' Saudi Aramco's $15 billion investment in its O2C arm. The current application with the NCLT for segregating the O2C busi...

18 Nov 2021, 11:11

Apple may soon open physical stores in Mumbai and Delhi as it starts hiring for different roles

Apple has reportedly started hiring employees for its retail store. Apple Store will first debut in Mumbai, followed by a se...

17 Nov 2021, 15:41

Nykaa vs ITC memes are hilarious but it may not be the right comparison

Nykaa's share prices have crossed the ₹2200 mark, whereas ITC is trying to cross the ₹300 mark, Twitteratis have highlighted...

17 Nov 2021, 13:53

Agile, digital, truly differentiated — what sets Max Life Insurance apart from the other players in the space

As the COVID-19 outbreak induced a health emergency across the globe, it also imposed business continuity ris...

17 Nov 2021, 10:37

Remote desktop provider AnyDesk raises $70 million at over $600 million valuation

As hybrid work becomes mainstream in the pandemic, remote desktop software AnyDesk has raised $70 million in its Series C fu...

17 Nov 2021, 06:00

Latent View’s IPO will be allotted today — here’s how you can check

Latent View’s IPO was subscribed 338.51 times by investors across the board. It received bids for 572 crore shares as against 1.75 crore shares that ...

15 Nov 2021, 13:55

India’s October wholesale price inflation rises to over 12%

Higher prices of primary goods along with food articles and fuel costs stiffened India’s October 2021 wholesale inflation on a sequential and year-on...

15 Nov 2021, 11:31

The partner at a VC firm backing OYO, ShareChat and Epic Games explains why it’s betting big money on crypto ⁠— and he’s not alone

Crypto — not stocks — is going to be the asset-class of choice, Lightspeed Ventures said. Lightspeed is not a...

15 Nov 2021, 11:20

Shankar Mahadevan's new song has Hrithik Roshan grooving to the beat, igniting uninterrupted celebrations for India – the Citi Mastercard way!

As festive season approached, Citi and Mastercard came together to ensure the celebrations remained totally u...

12 Nov 2021, 07:30

IPO craze continues as two more set to open next week

Tarsons Products and Go Fashion are all set to open their IPOs for investor subscription next week. Indian labware company Tarsons Products will open...

11 Nov 2021, 11:45

Falguni Nayar’s net worth surges to $6.5 billion after Nykaa’s successful IPO

Falguni Nayar’s net worth surged to $6.5 billion as Nykaa listed at a over 70% premium on the stock exchange. The company’s ...

05 Nov 2021, 19:09

COVID-19 pandemic accelerates PVR's business diversification, says PVR's Chief Executive

The Covid pandemic might have battered the cinema exhibition industry's core business but it has also accelerated diversific...

03 Nov 2021, 16:36

India's service sector grew the strongest in almost 11 years this October

New Delhi, Nov 3 (PTI) India's services sector activity expanded at the strongest pace in ten-and-a-half years in October, driven by a substantial upturn in business activity amid favourable demand conditions, a monthly survey said on Wednesday.

03 Nov 2021, 15:25

SBI reports strong net profit as bad loan eases down

The country's largest lender State Bank of India (SBI) on Wednesday reported a 69 per cent jump in its consolidated net profit at ₹8.889.84 crore for...

03 Nov 2021, 14:48

The strong financial performance of MakeMyTrip, EaseMyTrip and IRCTC hints towards a larger travel recovery in India

The net profit of IRCTC grew nearly five-fold in the July-September quarter, while EaseMyTrip recorded a 300%...

02 Nov 2021, 18:39

Bharti Airtel records 13% rise in its profits in second quarter of the current fiscal year

Telecom major Bharti Airtel Ltd has reported profit in the second quarter of current fiscal year on the back of stronger ear...

02 Nov 2021, 15:46

Tesla boss Elon Musk’s net worth crosses $300 billion for the first time

Tesla boss Elon Musk’s net worth crosses $300 billion for the first time...

29 Oct 2021, 13:45

Amazon Web Services reports 39% increase in revenue in Q3

Amazon Web Services (AWS), the Cloud arm of Amazon, has seen its revenue increasing 39 per cent to $16.11 billion in the September quarter, as custom...

28 Oct 2021, 17:33

EaseMyTrip makes its first acquisition in 13 years to strengthen its hotel offerings

Traviate enables peer-to-peer transactions among hotels, online travel agencies, travel agents and others. The acquisition w...

27 Oct 2021, 18:40

Tesla hits $1 trillion in valuation, Elon Musk’s wealth surges by $36 billion in a day

Tesla hits $1 trillion in valuation, Elon Musk’s wealth surges by $36 billion in a day...

26 Oct 2021, 16:16

After raising $2 billion since 2020, Byju’s is now looking to raise another $500 million in debt to acquire more businesses

The company is looking to raise this debt through the Term Loan B (TLB) route, where several institutional in...

26 Oct 2021, 15:57

Zee cancels October 27 board meeting, cites lack of quorum

Zee Entertainment has cancelled the board meeting scheduled on October 27. The meeting was to consider and approve its quarterly results. The company...

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