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'Leave India! It's high time': Startup founder's controversial post on Reddit goes viral

The entrepreneur warns about a terrible economic collapse in India, massively depreciating rupee, and suggests a move to UAE or Thailand for innovators

22 Dec 2024 8:02 pm
Edelweiss Radhika Gupta reacts to Rohan Mirchandani's death at 42, says count the blessings and live the moments

Edelweiss Asset Management's CEO Radhika Gupta shared her concerns over the frequency of people dying due to heart attacks or stress-related ailments. She highlighted the need to live the moments of life, in a social media post on platform X. 

22 Dec 2024 7:43 pm
What Accentures hiring spree means for Indian IT industry

Dublin-based Accenture, which ended November 2024 with 799,000 employees, added 24,000 employees in the June-August 2024 period and 25,000 employees in the three months through November 2024.

22 Dec 2024 6:37 pm
Govt to infuse 500 cr in IFCI to improve its financial health

Govt to infuse 500 cr in IFCI to improve its financial health

22 Dec 2024 4:58 pm
Epigamia co-founder Rohan Mirchandani passes away due to heart attack

Epigamia co-founder Rohan Mirchandani passes away due to a heart attack on Sunday, according to the company's official statement release. 

22 Dec 2024 4:53 pm
OTTplay and BSNL aim to connect and entertain BSNL subscribers through strategic partnership in Pondicherry

Indias OTT platform, OTTplay, announced its partnership with the telecom major BSNL to provide digital content easily accessible to all BSNL mobile users in Pondicherry on Sunday, December 22. 

22 Dec 2024 3:08 pm
Sobha Group's philanthropic arm to build homes for orphan girls, elderly women in Kerala

Sobha Group's philanthropic arm to build homes for orphan girls, elderly women in Kerala

22 Dec 2024 3:01 pm
IOC probes allegation of US firm bribing its officers

IOC probes allegation of US firm bribing its officers

22 Dec 2024 2:14 pm
This billionaire was once Amitabh Bachchans CA and now leads a 21,000 crore company

This first-generation entrepreneur was born into a farmer's family and now ranks among India's richest. With his strategic thinking and business acumen, he managed to turn around a pharma company under his leadership, which is currently valued at over 21,000 crore.

22 Dec 2024 12:54 pm
Mehul Choksi's Gitanjali Gems among 2,600+ wilful defaulters owe 1.96 lakh crore: RBI

Based on data disclosed by the RBI for March 2024, the list of defaulters is topped by Gitanjali Gems Ltd, which owes 8,516 crore.

22 Dec 2024 11:27 am
Looking to increase sourcing in India to 50pc in mid term, to set up supplier park: Hafele

Looking to increase sourcing in India to 50pc in mid term, to set up supplier park: Hafele

22 Dec 2024 10:31 am
Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust

Donald Trump transferred 114.75 million shares, or 53% of Trump Media & Technologys outstanding stock, worth around $4 billion on paper, to Donald J. Trump Revocable Trust.

22 Dec 2024 6:58 am
Apples $1 Billion Investment May Be Fleeting Win for Indonesia

Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subiantos government to lift a ban on the sale of iPhone 16s. The win may be short-lived.

22 Dec 2024 6:51 am
Companies News Today Live Updates on December 22, 2024: Zomato upends tradition with Sensex entry

Companies News Today Live Updates on December 22, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

22 Dec 2024 6:00 am
China Property Flare-Ups Resurface as Crisis Enters Fifth Year

One of Chinas leading developers is now on authorities radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely empty mall in Beijing.

22 Dec 2024 5:46 am
Reliance Industries arm to acquire 45% stake in Health Alliance Group for $10 million

Reliance Industries said the transaction is subject to customary closing conditions and is expected to be completed in around two weeks.

21 Dec 2024 4:53 pm
Once endorsed by MS Dhoni, this soap brand was forgotten. Now, Anand Mahindra to start buying

Anand Mahindra expressed nostalgia for Mysore Sandal Soap on X, celebrating its ongoing popularity. The soap's manufacturer plans to broaden its distribution network across India in 2025, while also considering a product revamp, keeping its signature fragrance and packaging.

21 Dec 2024 4:02 pm
How first Indians who moved to Hawaii became one of wealthiest families there

More than 100 years ago, 29-year-old Jhamandas Watumull moved to Hawaii's Honolulu to set up a retail shop for his import business with his partner Dharamdas. Here's his journey towards becoming one of wealthiest families on the island.

21 Dec 2024 1:43 pm
These stock market stars are outpacing traditional stores in just 10-minutes

Amid the rising competition in India's food delivery market, companies are now promising to deliver food and other items at a breakneck pace.  Know how companies like Zomato, Swiggy, etc have made this possible. 

21 Dec 2024 9:45 am
Banks, hotels, and credit cards roll out exciting deals ahead of Christmas, New Year celebrations

These offers cover diverse categories such as shopping, dining, travel, and hotel stays

21 Dec 2024 8:39 am
Fortune and fraud: The spectacular life and death of biscuit king Rajan Pillai

Like many ambitious young entrepreneurs, the cashew trader's son was an early starter.

21 Dec 2024 7:05 am
Bank holiday today: Are banks closed or open on Saturday, December 21? Know here

Bank Holiday today: Are banks open today, December 21? People are often confused about bank holidays on Saturdays. Read here to find out if there is a holiday today.

21 Dec 2024 6:26 am
Companies News Today Live Updates on December 21, 2024: Meet the new finfluencers: How broking firms are rewriting the content playbook

Companies News Today Live Updates on December 21, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

21 Dec 2024 5:30 am
Breaking taboo: Carefree young consumers show soaring interest in sexual wellness products

Sexual wellness startups are recording higher-than-ever repeat purchase rates as consumers talk more freely about hush-hush topics like bedroom pleasures and problems.

21 Dec 2024 5:30 am
Whats next for the man charged with killing UnitedHealthcares CEO?

Whats next for the man charged with killing UnitedHealthcares CEO?

21 Dec 2024 1:41 am
UltraTech Cements receives green flag from CCI to acquire majority stake in India Cements

Earlier in July 2024, UltraTech Cement announced the acquisition of a 32.72 per cent stake in India Cements from promoters and their associates in a 3,954 crore deal.

20 Dec 2024 8:00 pm
RBI fines IndusInd Bank 27 lakh over non-compliance

IndusInd Bank faces a penalty of 27 lakh from the Reserve Bank of India due to non-compliance with norms regarding savings accounts for ineligible entities.

20 Dec 2024 6:51 pm
Cement makers hike discounts after Adani foray: Report

Ambuja Cements and ACC, the companies purchased by the Adani Group, gradually reduced discounts

20 Dec 2024 6:45 pm
Bharat Petroleum buys 1 million barrels of Argentinian crude oil for the first time

Bharat Petroleum Corp Ltd has acquired its first crude oil cargo from Argentina, a 1-million-barrel Medanito shipment for February delivery. This move aims to diversify refinery grades and enhance profit margins. The company plans to expand refining capacity significantly by 2028.

20 Dec 2024 6:37 pm
TKIL in talks with OMCs, steel companies to set up green hydrogen projects at their sites

TKIL is aiming for 100 MW of electrolyser capacity by 2025. It has allocated 1,500-2,000 crore for expansion and is collaborating with SoHHytec for technology.

20 Dec 2024 6:31 pm
Nita Ambani gives special thanks to didis and bhaiyas in her Annual Day speech | Watch video

Nita Ambani praised the support staff at the annual function of Dhirubhai Ambani International School and Nita Mukesh Ambani Junior School, thanking them for their contributions.

20 Dec 2024 5:51 pm
SpiceJet to operate special flights to/from Prayagraj for Maha Kumbh Mela 2025: Check flight details here

Maha Kumbh Mela 2025: The Maha Kumbh Mela will be held in Prayagraj from January 13 to February 26, 2025. SpiceJet is set to operate special flights to/from Prayagraj from January. 

20 Dec 2024 5:04 pm
9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment

The National Industrial Corridor Development Project will create 9.4 lakh jobs through 12 greenfield projects, requiring an investment of Rs28,602 crore. 

20 Dec 2024 4:56 pm
Novo Nordisk's obesity drug CagriSema helps obese patients cut weight by 22.7%: Report

The new findings from the drug candidate deals a blow to the Danish drugmaker's ambitions for a successor to its popular Wegovy more powerful than Eli Lilly's Zepbound.

20 Dec 2024 4:29 pm
Kevin Vaz elected president of Indian Broadcasting & Digital Foundation

Vaz underscored the importance of leveraging technology to scale up content creation and ensuring it is not restricted by demographic or geographic limitations.

20 Dec 2024 4:19 pm
Adani to invest 20,000 crore in proposed supercritical thermal power plant in Bihar

Gautam Adanis conglomerate plans to invest 20,000 crore in a supercritical thermal power plant in Bihar, expanding its presence in logistics, cement, and food processing. The investment will create thousands of local jobs and boost various sectors in the state.

20 Dec 2024 2:31 pm
Pushpa 2 most-watched film of 2024; Coldplay's upcoming concerts the biggest draw: BookMyShow

Pushpa 2: The Rule was the most-watched film with 1.08 million solo viewers. BookMyShow reported a significant rise in live events in tier-2 cities, indicating a shift in entertainment consumption patterns across India.

20 Dec 2024 2:29 pm
Google layoffs: CEO Sundar Pichai announces 10% job cuts in managerial roles

In response to growing AI competition, Google CEO Sundar Pichai revealed a 10% job cut in managerial positions, affecting directors and Vice Presidents.

20 Dec 2024 2:18 pm
Supreme Court overrules consumer forums 30% interest rate cap on late credit card payments

In 2008 the National Consumer Disputes Redressal Commission had ruled that charging rates in excess of 30% per annum for late payments constituted an unfair trade practice. .The Supreme Court stayed the order in 2009, and has now overturned it.

20 Dec 2024 1:33 pm
Do you want to leave movie mid-way? You can claim a partial refund at PVR Inox

Multiplex chain PVR Inox Ltd's FLEXI model will now allow people to claim a partial refund if they leave a film mid-way, as part of efforts to widen its audience base and improve movie-going frequency.

20 Dec 2024 1:05 pm
Bombay High Court upholds Adani Properties' Dharavi slum rehabilitation bid

The court upheld the tender process as fair, rejecting Seclink's plea and paving the way for Adani to redevelop the 259-hectare Dharavi slum in central Mumbai

20 Dec 2024 12:44 pm
SC restores claims worth 10,952 cr of Reliance Infratel's 4 indirect creditors

A two-judge Supreme Court bench set aside the NCLAT's 2022 order and restored the NCLT's 2020 order that had allowed these claims.

20 Dec 2024 12:18 pm
Epic AI Battle: China has the might to do what we can only dream of, says Eric Schmidt

The US has restricted China's access to the advanced Nvidia chips, but China has adapted by finding workarounds. Currently, most of these critical chips are manufactured in Taiwan by TSMC, using exclusive technology controlled by ASML in Europe.

20 Dec 2024 10:10 am
Binance's Changpeng Zhao blasts Indian firm 5ireChain for misusing selfie, Didnt even chat...

After Binance CEO CZ criticized 5ireChain for misusing a selfie, netizens shared sarcastic reactions. In response, 5ireChain deleted the post and clarified it was just an appreciation, denying any partnership with Binance.

20 Dec 2024 10:03 am
Merchant network at the core of Finos small finance bank bid

Fino bank has a majority (34%) of its merchants in the eastern part of the country, 32% in the north, 21% in the west, and 13% in the south.

20 Dec 2024 6:00 am
Companies News Today Live Updates on December 20, 2024: Merchant network at the core of Finos small finance bank bid

Companies News Today Live Updates on December 20, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

20 Dec 2024 5:00 am
Ghost of shrinkflation is back to haunt your snack pack

Indian FMCG companies expect price hikes of 3% to 5% in response to soaring costs of commodities such as edible oil and wheat. Firms are balancing direct price increases with reducing product sizes to mitigate the impact on consumers amid persistent inflation.

20 Dec 2024 5:00 am
Ola Electric store count to touch 4,000 this Christmas; CEO Bhavish Aggarwal eyes presence in 'every town, city, tehsil'

Ola Electric Mobility will expand its store network to 4,000 locations by December 25. This initiative aims to make affordable EVs accessible across metros, Tier-2, and Tier-3 cities, promoting electric mobility and providing relief from rising petrol prices.

19 Dec 2024 11:14 pm
Accenture ushers in holiday season with $1.2 billion in Gen AI orders

Accenture Plc's generative AI bookings reached $1.2 billion for the quarter ended November 2024, totaling $4.2 billion since September 2023. The company increased its workforce by 24,000, reflecting growth potential, despite ongoing macroeconomic pressures.

19 Dec 2024 10:58 pm
Accenture Q1 Results: IT major beats quarterly revenue estimates on strong genAI service demand

IT major Accenture beat the quarterly revenue estimates on strong genAI service demand. Shares jump on Wall Street as company raised revenue outlook.

19 Dec 2024 8:44 pm