Kriti
Business
GDP growth in Manmohan Singh’s tenure touched 10.08%; shows data
According to a report prepared by the National Statistical Commission, the Indian economy had a 10.08% GDP growth rate during the United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh in 2006-07, which is the highest post India’s...
Business
SC allows RCom to sell assets worth ₹18,000 cr to Jio
The Supreme Court (SC) on Friday gave permission to Anil Ambani's Reliance Communications (RCom) to sell assets worth over ₹18,000 crores to Reliance Jio, which is owned by his brother Mukesh Ambani.
The transaction will enable RCom to settle its debts...
Business
CEO Renu Satti resigns from Paytm Payments Bank, to head new initiative by Paytm
Renu Satti, CEO of Paytm Payments bank has resigned from her position and will be re-designated as the COO of an upcoming retail initiative by Paytm. The company has not yet recruited a new CEO. This is the second...
Business
Vedanta Ltd Q1 results: profits up by 2.13% to ₹1,533 crore
Diversified natural resources company Vedanta Ltd. posted barely a 2.13% rise in its consolidated net profits to ₹1,533 crore from ₹1,501 crore for the first quarter of the current fiscal year, missing analysts estimates of ₹2,156 crore by quite a...
Business
DIR-3 KYC : Government mandates filing of KYC for directors in a bid to eliminate shell companies
In a bid to eliminate shell companies and update the governments registry of company directors, The Ministry of Corporate Affairs in a notification has directed all directors who have been allotted a Director Identification Number (DIN) on or before...
Business
Q1 results: Beating estimates, HCL’s profits rose over 8% in the quarter
On Friday, HCL technologies reported a 7.9% rise in it’s net profits for the quarter, which went up to ₹2,227, as compared to ₹2,171 crore in the same period last year. The company also posted a 10.7% year-on-year (YoY)...
Business
Mark Zuckerberg sees robust demand for WhatsApp payments in India
After being tested by 1 million Indians, it seems like WhatsApp’s payments feature has been a huge success, as Facebook CEO Mark Zuckerberg can’t wait to launch the new service nationwide.
Back in February, WhatsApp had launched a beta...
Business
HDFC ACM IPO receives overwhelming response on last day; Oversubscribed by 83 times
On the last day of bidding, HDFC Asset Management Company’s (AMC’s) initial public offering (IPO) received an overwhelming response from investors, as the shares were oversubscribed by 83 times. The IPO received bids for 1,56,17,60,954 shares against the total...
Business
Facebook losses $120 billion on data breach allegation, weak results
On Thursday, after Facebook failed to meet revenue expectations by a narrow margin in the second quarter, the social media company’s shares plunged by almost 19%, which took roughly $120 billion off of Facebook’s market value. CEO Mark Zuckerberg...
Business
HDFC AMC IPO oversubscribed on first day; subscription rate at 103%
HDFC Asset Management Company’s (AMC) initial public offering (IPO) of ₹2,800 crore garnered full subscription on the first day, receiving bids for 1,93,96,884 shares against a total of 1,88,04,290 shares offered by the company (which translates to a subscriber rate...
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Latest News
Apple working to develop a thinner and more powerful MacBook Pro along with a new MacBook Pro with SD card slot
There has already been many rumors regarding Apple's upcoming MacBook products for 2021. Recently it was heard that the...
Gadgets
LG K42 launched at a price of Rs.10,990 in India; check details
LG has launched the company's latest smartphone, the LG K42 in India. The smartphone has a rear quad camera setup and also comes with...
Technology
Huawei’s Honor spinoff reveals 5G smartphones with Intel and Nvidia chips
The smartphone spinoff of Huawei Technologies has revealed new devices on Friday that features chips from Intel Corp., MediaTek Inc. and Nvidia Corp. and...
Automobiles
Maruti Suzuki To Reintroduce 1.5L Diesel Engine Within This Year
Harsh Rana - 0
Missing the diesel variants of your favourite Maruti Suzuki cars? Well, here's a piece of good news for you. Maruti Suzuki has decided to...
Gambling & Casinos
WynnBET secures market access in Ohio; awaits legalization & regulatory approvals
WynnBET, the casino and sports betting app from Wynn Resorts has secured access to markets in Ohio. Ohio still awaits legalization of sports betting...