Business News, Finance News, Market News, Stock News, BSE, NSE, Nifty

Pune-based diagnostics firm Krsnaa Diagnostics Ltd will utilise about ₹150 crore from the proceeds from its ₹1,213-crore initial public offering (IPO)

Metaverse | What is the ‘next generation of Internet’ Zuckerberg and Nadella are talking about?

Tech giants are all set to establish the metaverse, a form of mixed reality integrated with the Internet.

T-Hub, HCL to collaborate on Quantum Computing and Deep Tech.

This partnership will enable HCL to leverage T-Hub’s innovation expertise and ecosystem of start-ups, corporates and investors to accelerate its open innovation initiatives, says T-Hub.

Sensex, Nifty scale fresh lifetime highs

After scaling its lifetime peak of 54,717.24 during the day, the 30-share index settled 123.07 points or 0.23% higher at its record high of 54,492.84.

Rupee gains for 4th straight session, settles at 74.17/dollar

The rupee settled for the day on a flat note and inched 2 paise higher to close at 74.17 (provisional) against the US currency, marking the fourth

Nintendo reports slump in quarterly sales for its flagship Switch console

Nintendo saw sales of Switch Lite units more than halve to 1.14 million during the April-June quarter but maintained its full-year forecast for Switch hardware at 25.5 million units.

ByteDance to lay off staff, close businesses over China tutoring clampdown

The move comes after China imposed sweeping regulations on the private-tutoring sector.

Ixigo acquires bus ticketing platform AbhiBus

AbhiBus is the second acquisition of the year for Le Travenues Technology, parent company of ixigo

Titan’s Sonata launches new sub-brand

The new sub brand- ‘Epic by Sonata’- was launched in partnership with Flipkart

Coronavirus | Adar Poonawalla announces financial support to cover quarantine costs for students travelling abroad

With Covishield yet to be cleared by the drug regulators of some countries across the globe, Serum Institute of India (SII) Chief Executive Officer

ED slaps ₹10,600-cr FEMA contravention notice against Flipkart

Violation of FDI regulations alleged

How will deposit insurance help if a bank fails?

What are the new amendments passed in Parliament on credit guarantees and is it enough to protect consumers?

Top Business News of the Day: Sensex, Nifty scale fresh lifetime highs; P. Chidambaram takes dig at govt over fuel prices; Singer Rihanna is officially a billionaire, Forbes says and more

Top news of the day from the world of business, finance and economy

‘U.S. services sector grows at record rate’

A measure of U.S. services industry activity jumped to a record high in July, boosted by the shift in spending to services from goods, but businesses

‘Going digital helped MSMEs survive crisis’

The ability to digitise themselves served as a key to survival for start-ups and MSMEs, with about 64% of them witnessing increase in sales over last

RBI cautions public against fraudsters

The Reserve Bank of India (RBI) has cautioned the general public not to fall prey to fictitious offers of buying or selling of old banknotes and

Tata Motors unveils all-new Tiago NRG

Tata Motors on Wednesday introduced the all-new Tiago NRG at prices starting ₹6,57,400, ex-showroom Delhi.“Positioned as the 'Urban Toughroader’, the

RBI extends deadline on current account guidelines

The Reserve Bank of India (RBI) has allowed banks time till October 31, 2021 to implement its guidelines on opening and operating of current accounts.

Dr. Reddy’s to sell U.S, Canada territory rights of anti-migraine drug

Signs definitive agreement with BioDelivery Sciences International Inc

Chola Financial Q1 profit slides 39% to ₹357 cr.

Cholamandalam Financial Holdings’ (CFHL) consolidated net profit for Q1 FY22 contracted by 39% to ₹357 crore. The Murugappa Group firm’s revenue from

KVB Q1 profit rises a tad to ₹109 crore

Karur Vysya Bank (KVB) on Wednesday reported frst-quarter net profit rose marginally by ₹3 crore to ₹109 crore.Total income from operations contracted

SBI Q1 net jumps 55% to record ₹6,504 cr. on lower provisions

Stress seen in home, gold and SME loan segments, observes chairman Khara

‘CV segment may recover in second half of FY22’

‘Agri tractor market to sustain growth’

RIL to double PET recycling capacity

Reliance Industries Ltd. (RIL) said it is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing

Adi Godrej to step down from Godrej Consumer board

Godrej Consumer Products Ltd. has announced that Adi Godrej will step down from its board from September 30. However, he will remain as chairman

Renewable energy-powered Cloud can boost emission savings: study

If just 25% of the 1,200 largest publicly-traded businesses in the country put one megawatt (MW) of computer workload into the cloud, powered by

Apollo Tyres turned ₹68 crore profit in Q1

Apollo Tyres Ltd. has turned a standalone net profit of ₹68 crore for Q1 of FY22.The leading tyre manufacturer had reported a net loss of ₹54 crore in

MSMEs showed more resilience during 2nd wave: study

‘Business declined only 11% in 2021 compared with almost half in 2020’

More than 6.07 lakh cyber security incidents observed till June 2021: Government

There have been attempts from time to time to launch cyber-attacks on Indian cyberspace: IT Minister