business news
Top Stories
Adani group stocks' combined market cap erodes by ₹2.45 lakh crore, Adani Enterprises tanks 23%
- The combined market cap of Adani Group companies eroded by over ₹2.45 lakh crore.
- This comes amid a US probe into Gautam Adani into an alleged bribe charge.
- Adani has been charged over his role in an alleged scheme to pay a $250 million bribe to Indian officials.
Latest Stories
Weekend wrap: Swiggy IPO price band, BlinkIt gold coin customer's ordeal, India's GDP woes, and more
Swiggy will launch its IPO with a price band of ₹371-₹390 per share on November 6. A Blinkit custom…
Kunal Kamra is ready to accept Ola CEO Bhavish Aggarwal’s job offer but on some conditions
Comedian Kunal Kamra humorously agreed to work with Ola CEO Bhavish Aggarwal, listing conditions to…
Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices
Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…
Buying gold jewellery this Dhanteras? Here is how you can verify authenticity as per BIS
According to an official statement, BIS emphasizes the importance of choosing hallmarked jewellery,…
Global semiconductor sector expected to grow due to AI demand, new report says
The global semiconductor market is on track to experience substantial growth in the coming years, w…
Weekend wrap: Real estate dominates India's investment portfolios, interview tips from Amazon employee and more
This week's news roundup highlights India's real estate sector's dominance in investment portfolios…
Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares
According to the postal ballot notice, the company will raise up to Rs 1,524.60 crore by prefer…
PTI
Hindustan Unilever shares tumble over 6% post Q2 results
Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
Bhavish Aggarwal's OLA Electric says it has resolved 99% customer complaints after receiving CCPA show cause notice
Ola Electric says that it has resolved 99.1% of the 10,644 complaints filed by the Central Consumer…
Adani Group to acquire CK Birla group firm Orient Cement at ₹8,100 crore valuation
Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a…
'Typical corporate': CEO boasts about denying 2-day wedding leave to employee, gets schooled on social media
A British CEO faced backlash after denying an employee’s two-day wedding leave. Despite claiming an…
Adar Poonawalla gets 50% stake in Karan Johar's Dharma Productions for ₹1,000 crore
Adar Poonawalla’s Serene Productions acquires a 50% stake in Karan Johar’s Dharma Productions and D…
Silver touches Rs 1 lakh mark on MCX march contract
Silver prices have reached a significant milestone on Monday, touching Rs 1,00,000 on the Multi Com…
ANI
ChatGPT competitor Perplexity AI seeking to raise $500 million, eyes valuation of over $8 billion
Perplexity AI is reportedly seeking around $500 million in funding to boost its valuation to over $…
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
Karwa Chauth festivities to boost economy by ₹22,000 crore
Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…
Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter
Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…
PTI
Weekend wrap: IPO myths, quick commerce gone wrong and more
This week's business and finance roundup explores underwhelming returns from India's largest IPOs, …
Free tomatoes to i-pill notification, recent quick commerce incidents that sparked outrage
Quick commerce apps in India like Zepto, Blinkit, and Swiggy Instamart simplify last-minute errands…
Navi Mumbai job aspirants robbed of Rs 1.31 crore on pretext of Indian Railways job, 6 accused booked
In Navi Mumbai, six individuals allegedly scammed 20 job seekers of Rs 1.31 crore by promising cler…
ED conducts raids in Gujarat in GST fraud case
The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …
PTI
Tata Group will generate 5 lakh jobs in 5 years, says Tata Sons Chairman N Chandrasekaran
Tata Group plans to create 5 lakh manufacturing jobs over five years in sectors like semiconductors…
Microsoft VP of GenAI research Sebastien Bubeck to join ChatGPT parent OpenAI
Sebastien Bubeck, Microsoft's vice president of GenAI research, is leaving to join OpenAI. His coll…
Reliance expects to complete merger with Disney's India business in Q3
Reliance Industries, led by Mukesh Ambani, is set to merge its media assets with the Walt Disney's …