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Business / NewsBytes

Padma Bhushan awardee banker Narayanan Vaghul, passes away at 88

Narayanan Vaghul, a transformative figure of Indian banking and former Chairperson of ICICI Bank, passed away at the age of 88 in Chennai.

18 May 2024 5:39 pm
Singapore Airlines to give staff 8-month salary as bonus

Singapore Airlines is preparing to reward its employees with a bonus equivalent to eight months of their salary.

18 May 2024 4:16 pm
DPIIT Secretary encourages Indian industries to prepare for lower tariffs

Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), has encouraged India's domestic industry to anticipate a lower tariff regime in the future.

18 May 2024 3:10 pm
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has risen by 2.06% over the last 24 hours to trade at $66,871.08. It is up 10% from last week.

18 May 2024 11:42 am
Vodafone Idea to begin 5G rollout around Diwali

Vodafone Idea (Vi) has unveiled plans to initiate its 5G rollout in about six months, possibly around Diwali, which falls on November 1.

17 May 2024 5:48 pm
Sensex gains over 250 points, Nifty ends above 22,460 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

17 May 2024 3:58 pm
Mahindra & Mahindra's stock jumps 8% to all-time high

Mahindra & Mahindra (M&M) shares saw a significant surge on Friday, rallying up to 7.7% to hit a new high of 2,554.75.

17 May 2024 12:18 pm
Vodafone Idea's losses in Q4 increase 19.5% to 7,675 crore

Vodafone Idea (Vi) has reported a year-on-year increase in losses of 19.5% for the last quarter of fiscal 2024, amounting to 7,674.6 crore compared to 6,418.9 crore in the same period last year.

17 May 2024 10:57 am
Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Solana

Bitcoin has lost 0.58% in the last 24 hours, trading at $65,521.10. It is 4.23% up compared to the previous week.

17 May 2024 10:35 am
UN raises India's 2024 GDP growth forecast to 6.9%

The United Nations (UN) has updated its economic growth projections for India in 2024, predicting a nearly 7% expansion, an increase from the previous forecast of 6.2% made in January.

17 May 2024 10:18 am
Reddit stock surges 11% on new AI partnership with OpenAI

Reddit has announced a strategic partnership with artificial intelligence firm OpenAI, leading to an 11% surge in the social network's shares during late trading.

17 May 2024 9:46 am
Dow Jones soars past 40,000 for the first time ever

The Dow Jones Industrial Average achieved a historic milestone on Thursday as it crossed the 40,000 level for the first time.

17 May 2024 9:39 am
Crypto heist: MIT grads steal $25M in 12 seconds

Massachusetts Institute of Technology (MIT) graduates, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, have been apprehended by federal prosecutors in Manhattan.

16 May 2024 5:50 pm
HAL's Q4 profit soars 52% to over 4,300 crore

Hindustan Aeronautics Limited (HAL), a leading defense PSU, has announced its consolidated net profit for the quarter ending March 31, 2024.

16 May 2024 5:13 pm
Sensex gains over 670 points, Nifty settles above 22,400 mark

On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.

16 May 2024 4:03 pm
Microsoft asks China-based staff to relocate amid escalating US-Sino tensions

According to The Wall Street Journal, Microsoft has proposed a relocation plan for approximately 700 to 800 of its China-based employees.

16 May 2024 3:43 pm
India awards tenders for 412,000 tons of green hydrogen production

India has taken a significant step toward green energy by awarding tenders for the establishment of 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts (GW) of electrolyzer manufacturing capacity.

16 May 2024 2:16 pm
Raspberry Pi, maker of minicomputers, plans IPO for business expansion

British minicomputer manufacturer, Raspberry Pi, has announced its intention to file for a US stock market listing.

16 May 2024 12:11 pm
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana

Bitcoin has climbed 6.34% over the last 24 hours, trading at $65,823.58. It is 6.97% higher than the previous week.

16 May 2024 11:34 am
Anthropic appoints Instagram co-founder Mike Krieger as Chief Product Officer

AI startup Anthropic has appointed Mike Krieger, co-founder of Instagram and personalized news app Artifact, as its first Chief Product Officer.

16 May 2024 10:05 am
US consumer inflation slows, boosting prospects for interest rate cut

Consumer prices in the US rose less than expected in April, signaling a return to the downward inflation trend at the beginning of Q2.

16 May 2024 9:53 am
Why foreign investors are holding short positions on Indian stocks

Foreign investors have demonstrated an unprecedented level of pessimism toward Indian stocks, the highest in over a decade, as per Bloomberg.

15 May 2024 6:04 pm
SEBI simplifies KYC norms for mutual fund investors

The Securities and Exchange Board of India (SEBI) has eased the Know Your Customer (KYC) norms to streamline the risk management framework.

15 May 2024 5:11 pm
LIC receives 3-year extension to meet public shareholding norms

The Securities and Exchange Board of India has granted the Life Insurance Corporation of India (LIC), the country's largest life insurer, a three-year extension to meet the 10% public shareholding requirement.

15 May 2024 4:44 pm
India's April trade deficit rises to $19B on lower exports

India's merchandise trade deficit has expanded to $19.1 billion in April, as reported by Commerce Secretary Sunil Barthwal.

15 May 2024 4:14 pm
Sensex closes at 72,987 points, Nifty settles at 22,200 mark

The stock market closed on a negative note on Wednesday.

15 May 2024 3:54 pm
Apple foiled fraudulent transactions worth over $1.8 billion in 2023

Apple has successfully thwarted over $1.8 billion in potentially fraudulent transactions on its App Store during 2023.

15 May 2024 3:49 pm
SBI announces increase in fixed deposit interest rates: Check updates

The State Bank of India (SBI) has declared a hike in its fixed deposit (FD) interest rates for certain tenures on retail deposits up to 2 crore.

15 May 2024 2:28 pm
Virat Kohli-backed Go Digit raises $141M funding as IPO opens

Indian insurance startup, Go Digit, has successfully secured $141 million from a group of investors as its initial public offering (IPO) opens today.

15 May 2024 12:40 pm
Cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Dogecoin, BNB

Bitcoin has lost 1.19% in the last 24 hours, trading at $61,897.42. It is down 1.15% from last week.

15 May 2024 11:41 am
Hero MotoCorp's market valuation crosses 1 lakh crore

Hero MotoCorp, the two-wheeler manufacturing giant, saw a significant surge in its market valuation on Tuesday, surpassing the 1 lakh crore mark for the first time.

15 May 2024 10:10 am