Business News

The COVID-19 pandemic created over 40 new billionaires in the pharmaceutical sector in the last two years. Pharma companies have been stashing away their profits to avoid paying taxes, according to a new Oxfam report. Researchers have identified over 100 factories across the world which are capable of producing lifesaving mRNA vaccines, which can save around 1.5 million lives.

The pandemic created 573 new billionaires at the jet rate speed of — one every 30 hours. Every 33 hours, 263 million crashed into extreme poverty during the pandemic. “The super-rich have rigged the system with impunity for decades and they are now reaping the benefits,” said Gabriela Bucher, executive director of Oxfam International.

The Special Judge, Rouse Avenue Court Complex has dismissed the interim bail application of Thapar, which was filed on medical grounds, citing his deteriorating health. During the course of proceedings, the judge requisitioned the medical status report of Thapar from the Chief Medical Officer, Tihar Jail, where he is currently lodged in.

Here are the top 10 Indian companies based on their market value....

The business of selling air conditioners has still not reached its full potential as it continues to be a luxury item for most Indian households. Even though several large brands like Voltas, LG, Daikin, Hitachi, Blue Star and Lloyd have been selling ACs for the past five to seven decades, they have still not been able to enjoy higher margins from this about-to-boom segment.

Technology services major Capgemini on Monday said it has acquired Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm, for an undisclosed sum. Headquartered in Luxembourg in Europe, Chappuis Halder is a nearly 150-people consulting firm, with main offices in North America, Europe, and South-East Asia, with reputation for its financial services leading expertise.

The Enforcement Directorate (ED) recently ordered the seizure of ₹5,551.27 crore from Xiaomi India. The seizu...

Four banks and a finance company made it to the top ten Indian firms in the Forbes Global 2000 list. The list of top ten is dominated by banks followed by energy companies like RIL, ONGC and Indian Oil. TCS is the only tech major to make it to the list.

The aviation industry structure has incrementally consolidated, but the demand centers have expanded, according to ICICI Secu...

In a major relief to major tech giant Xiaomi India, the Karnataka High Court has permitted it to take overdrafts from banks ...

Campbell Wilson is appointed as the new CEO of Tata’s Air India. According to media reports, he will step down from his current position on June 15.Wilson has worked in the aviation industry for 26 years.

The Indian government has warned cab aggregators over rising consumer complaints. The government is expected to issue guidel...

Chinese authorities have called on India to provide a fair, just and non-discriminatory environment to Chines...

The excise department of Delhi has proposed to legalise the home delivery of liquor and put an end on all discounts offered by vendors. The new excise policy is still in the early stages, but reports suggest it could be announced soon. The policy document also proposed to reduce the legal drinking age from 25 years to 21 years.

As consumers look for some relief from the heat, ice cream sales are finally reviving after two years. Mother Dairy, Keventers and Baskin Robbins are experiencing a huge surge in demand for ice creams this 2022 summer. We speak to leading ice cream and beverage companies to find out more about their summer plans.

Ola and Uber asked to showcase their algorithms related to ride cancellations and surge pricing. Order came after CCPA recei...

The cricket fans on Spotify are also high-intent customers. 91% of them are active online shoppers. 30.6% plan to buy a car soon. 1 in 4 eat out at least once a week. And 1 in 3 luxury buyers is a Spotify user. By advertising on Spotify, marketers can get a significant incremental reach among Gen Z and millennial audiences. This incremental reach is 7% more compared to TV and radio, and 5% more compared to social platforms.

Virtual-assistant careers are increasing because they can bring flexibility and financial success. Here are resources to help you start your business.

"Enhancing the export potential of Indian MSMEs is a key government priority and efforts are being made to support Indian MSMEs for their success in international markets," said Narayan Rane, Union Minister of Micro Small and Medium Enterprises.

Amazon is currently hosting the Summer Sale on its platform. The e-commerce giant has partnered with ICICI Bank, Kotak Bank ...

Amazon Summer Sale is now live on the e-commerce platform. The summer sale offers up to 30-40% discounts on laptops including exciting exchange offer...

How much content creators make per post is dependent on a few factors such as their content genre, social media platform tha...