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Home  Business

Business

Resolve to get right-sized term insurance this year

Resolve to get right-sized term insurance this year

  • Infosys Q3 net profit up 11.8 pc at Rs 5,809 cr

    New Delhi: India’s second-largest software services Infosys on Wednesday posted an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter. The IT firm also increased its revenue growth guidance for FY22 to 19.5-20 per cent. The Bengaluru-based company had registered a net profit (after minority interest) of Rs […]
  • Binance CEO becomes one of the world’s richest billionaires

    Zhao's projected fortune now is just below that of Oracle founder Larry Ellison and surpasses that of Mukesh Ambani, the Indian tycoon whose fortune has also soared over the last two years.
  • Crypto prices moving in sync with stocks, posing systemic risks

    New Delhi: Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns. Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according […]
  • Fintech platform Refyne raises $82 mn to simplify personal finance

    New Delhi: Fintech platform Refyne on Wednesday said it has raised $82 million in its Series B funding led by Tiger Global. The platform enables employees to withdraw their earned salary in real time before the payment is due, thus reducing debt traps by providing instant access to earned salary. The Earned Wage Access (EWA) […]
  • Meta moderators threaten to stop work over missing salaries

    Facebook moderators at an Accenture site in Austin, the US are "facing a payroll disaster that has left many without their holiday paychecks," reports The Verge.
  • Sensex surges 504 points, soars past 61,000 mark

    Extending the rally for the fourth consecutive session the Sensex opened on a firm note at 61,014.37 points and surged to a high of 61,130.86 points.
  • Apple unlikely to ship OLED iPads till 2024

    Apple has abandoned plans for an OLED iPad this year, citing media reports GizmoChina reported on Tuesday.
  • Spotify shuts down its podcast studio, lays off staff

    Studio 4, or Spotify Studios, had 10 to 15 employees and produced shows like 'Dissect' and 'Chapo: Kingpin on Trial'.
  • GMR Infra starts trading on bourses as pure-play airport biz company

    New Delhi:  GMR Infrastructure Ltd (GIL) has started trading at the stock exchanges as a pure-play airport sector company from Tuesday onwards, according to a statement. “GIL shares started trading today ex-GPUIL. This is post the demerger of non-airports business of GIL into GMR Power and Urban Infrastructure Limited (GPUIL),” the statement said. With GIL, […]
  • ITR filing deadline extended till March 15

    New Delhi: The government on Tuesday extended till March 15 the deadline for corporates to file Income Tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15. This is the third extension given for filing […]
  • Hyderabad-based Recykal raises 163 cr from Morgan Stanley

    Hyderabad: Hyderabad-based Recykal, a waste commerce company that bridges gaps between waste generators and waste processors, has raised $22 million (about Rs 162.8 crore) in funding by investment funds managed by Morgan Stanley India. Existing investors Circulate Capital, Vellayan Subbiah, and Arun Venkatachalam from the Murugappa Family also participated in this round. This is the […]
  • Hyderabad-based Sresta Natural Bioproducts files DRHP with SEBI

    Hyderabad: Sresta Natural Bioproducts, which owns the packaged organic food brand, 24 Mantra, has filed draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO of the Hyderabad-based organic food company comprises fresh issue of equity shares aggregating up to Rs 50 crore and […]
  • All you need to know about Bividend

    Hyderabad: BTCS, a US-based publicly traded company focused on blockchain infrastructure and technology, has three days ago announced the first-ever dividend payable in Bitcoin by a Nasdaq-listed company. The company refers to this as Bividend (dividend in Bitcoin). Following this, its stock on the Nasdaq has zoomed more than 44 per cent to end at […]
  • Hyderabad-based BikeWo ropes actor Venkatesh as brand ambassador

    Mumbai: Hyderabad-based electric two-wheeler charging infra provider BikeWo on Monday said it has roped in Southern movie star Venkatesh Daggubati as a strategic investor besides appointing him as the lead brand ambassador. This will be a long-term collaboration that will help the brand grow and scale in order to meet its ambitious target of installing […]
  • Mahindra’s SsangYong Motor sold for $255 mn

    Seoul/New Delhi: A Seoul court on Monday approved a local consortium’s acquisition of Mahindra & Mahindra-owned SsangYong Motor by Edison Motors for $254 million, paving the way for the financially-troubled carmaker to get back on track. The consortium led by electric carmaker Edison Motors signed a final deal with SsangYong to take over the SUV-focused […]
  • TCS shares price surge over 3 per cent on buyback proposal

    Mumbai: Share price of Tata Consultancy Services (TCS), India’s largest IT firm, surged over three per cent on Monday after the company announced that its board will consider buyback of shares at a meeting scheduled to be held on January 12. TCS started the trading on Monday at Rs 3974, which is 3.09 per cent […]
  • Sensex jumps 469 points; Maruti, ITC, Infosys, TCS surge

    The markets started the week on a strong positive note with benchmark Sensex opening above 60,000 points mark.
  • Systematic Investment Plan a safe bet in stocks

    Hyderabad: Stock market in recent times has exhibited wide movements either ways. On days it rose, BSE was up about 800 to 1,000 points, aiding in wealth creation. On days it dived, it fell around 700 or more points, giving an opportunity for the existing investors to buy stocks at a lower price. The falls […]
  • OnePlus 10 Pro likely to feature dual-curved screen: Report

    In its official Weibo post, the company revealed that the hole-punch stills remain in the top left corner, same as last year, reports GizmoChina.
  • Hyderabad-based Flytta helps enterprises with their relocation needs

    Hyderabad: As the saying goes that the only way one can live is to grow and the only way one can grow is if we grow. This is exactly what Rahul Kanuganti has adopted as his life motto. In 2012, while pursuing his BTech in Mechanical Engineering from Hindustan University, he was inspired to explore […]
  • Business volume down 45% due to new wave: CAIT

    New Delhi: Increase in Covid cases along with imposition of various restrictions by different States have had an adverse impact on business and economic activities across the country, the Confederation of All India Traders (CAIT) said on Saturday. According to the CAIT, the situation has led “business of various verticals of goods” to go down […]
  • Eugenix to go global this year

    Hyderabad: Eugenix Hair Sciences, a hair restoration and transplantation clinic, which has set up multiple surgical clinics and consultation centres pan-India is going global this year. The zero-debt company is attracting investor interest, but the company believes that it will meet its expansion needs through internal accruals. The company has aggressive international expansion plans for […]
  • Colour-changing Vivo V23 Pro comes packed with solid hardware

    The device comes with India's first fluorite AG glass design that has a colour-changing glass on the rear, which interacts with sunlight and other sources of artificial UV rays and transforms into different colours.
  • Green bonds will prop Adani’s future green plans

    Ahmedabad: Gautam Adani’s plans to revamp his business empire into the world’s largest renewables player are on a roll. The initiative to tap the green bond market to fund this change is certainly bearing fruit as his ambitious USD 20 billion investment plan gets underway. Adani Green Energy, which takes care of the renewables business, […]
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