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Hindenburg Hints at Upcoming India-Focused Report in Cryptic Tweet

10 Aug 2024 09:30 AM IST

US-based firm Hindenburg Research on Saturday posted a cryptic message hinting at a possible new India-centric report, over a year after it published allegations against the Adani group of companies of insider trading and other violations in the stock market. “Something big soon India,” said the post on the X

Bhavish Aggarwal Set To Double Wealth With Ola IPO, Joining World’s Youngest Billionaires

09 Aug 2024 20:45 PM IST

Just two years ago, Bhavish Aggarwal, the founder of Ola Electric Mobility Ltd., faced a major challenge when a video of one of his company’s electric scooters catching fire in Pune circulated on social media. The incident cast doubt on the viability of Aggarwal’s ambitious plan to establish the world’s

India Accelerates Coal Infrastructure Development

09 Aug 2024 20:03 PM IST

The Ministry of Coal has introduced an extensive plan to expedite the development of essential logistics infrastructure. This effort is crucial for reaching the ambitious targets set under Vision 2030 and the broader Viksit Bharat 2047 initiative, as outlined by Prime Minister Narendra Modi. The Ministry’s strategy is in line

Lok Sabha Passes Bill to Modernize India’s Aviation Laws

09 Aug 2024 19:05 PM IST

The Lok Sabha today approved the Bharatiya Vayuyan Vidheyak, 2024, a bill aimed at replacing the outdated Aircraft Act of 1934. The new legislation seeks to streamline aviation regulations, reduce ambiguities, and promote growth in the sector. Civil Aviation Minister Rammohan Naidu introduced the bill, highlighting the need for a

Google And Meta Exposed For Secret Ad Campaign Targeting Teens

09 Aug 2024 01:05 AM IST

Google and Meta allegedly ran a secret ad campaign targeting teenagers, violating advertising policies. The campaign was shut down following media exposure.

RBI Reduces Cheque Clearing Time From 2 Days To Hours, Governor Announces

08 Aug 2024 19:31 PM IST

The Reserve Bank of India (RBI) is set to make significant changes to the cheque-clearing process, aiming to reduce the time it takes to clear bank cheques to just a few hours. This move is expected to greatly enhance the ease of doing business in India, according to an announcement

JPMorgan Raises US Recession Probability To 35% By Year-End

08 Aug 2024 11:36 AM IST

JPMorgan has revised its forecast, predicting a 30% likelihood that the Federal Reserve and other central banks will maintain high interest rates for an extended period, down from a 50% probability just two months ago. JPMorgan Chase & Co. now projects a 35% chance of a US recession by the

Zomato Enhances Cash-On-Delivery Experience With New Exact Change Feature

08 Aug 2024 11:33 AM IST

Zomato has introduced a new feature that addresses the common issue of needing exact change. Announced by Zomato CEO Deepinder Goyal on August 7, 2024, this feature allows customers to pay their delivery charges in cash and have any excess amount credited instantly to their Zomato Money account.

Reliance tops India’s corporate charity again

07 Aug 2024 17:14 PM IST

As per Reliance Industries Limited’s annual, the conglomerate maintained its position as India’s largest corporate philanthropy. During the financial year 2023-24, Reliance contributed Rs 1,592 crores as part of various impactful CSR initiatives across the country through its dedicated philanthropy arm Reliance Foundation. This took its three-year CSR cumulative spend

Ahmedabad CEO’s ‘Zero Salary’ And ‘No Weekends’ Job Post Sparks Viral Debate

07 Aug 2024 14:22 PM IST

Shubham Mishra, founder and CEO of BatteryOKTechnologies in Ahmedabad, Gujarat, post, which sought 'exceptional humans' for the startup’s core team, highlighted an array of unusual job conditions, including 'zero salary', 'no weekend offs'

Real estate leaders commend capital gains tax change for strengthening industry

07 Aug 2024 11:35 AM IST

Real estate industry leaders hailed the proposed amendment by Finance Minister Nirmala Sitharaman in the Finance Bill to give big relief on capital gains tax in property transactions. The industry leaders called it a step in the right direction and stated that the proposed amendment will drive investment in the

Revanth Reddy Highlights Telangana’s Investment Appeal In The US

07 Aug 2024 02:22 AM IST

Telangana CM Revanth Reddy showcases the state's business opportunities to US CEOs, emphasizing its strengths in software, life sciences, and other sectors as an ideal China-plus-one strategy location.