Business News

Disney, Reliance Sign "Binding Pact" For Big Merger: Report

Disney, Reliance Sign "Binding Pact" For Big Merger: Report

Agence France-Presse | Monday February 26, 2024, New Delhi

Reliance Industries has signed a "binding pact" for a merger deal with Walt Disney's local unit, Bloomberg News reported Monday, a major shakeup for the country's multi-billion dollar entertainment industry.

Paytm FASTags Won't Work After March 15: Check 5 Alternatives Here

Paytm FASTags Won't Work After March 15: Check 5 Alternatives Here

Edited by NDTV News Desk | Monday February 26, 2024

FASTag in India is a digital toll ticket that makes paying for highway tolls quick and automatic.

Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades

Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades

Edited by Chandrajit Mitra | Sunday February 25, 2024, New Delhi

The average monthly expenses in rural and urban households have narrowed in the past two decades with a sharp rise in rural consumption, shows a key expenditure data released after a gap of 11 years.

Gautam Adani Meets Uber CEO, Hints At Future Collaborations

Gautam Adani Meets Uber CEO, Hints At Future Collaborations

NDTV News Desk | Saturday February 24, 2024, New Delhi

Uber CEO Dara Khosrowshahi, currently on a visit to India, met with Indian business magnate Gautam Adani, signaling potential future collaborations between Uber and the Adani Group.

"Null And Void": Byju's Contests Shareholders' Move To Oust CEO

"Null And Void": Byju's Contests Shareholders' Move To Oust CEO

Edited by Chandrajit Mitra | Saturday February 24, 2024, New Delhi

Crisis-hit edtech star Byju's has contested Friday's decision of its shareholders to oust its founder as the chief executive officer.

RBI's New Advisory On Paytm UPI Payments: What It Means

RBI's New Advisory On Paytm UPI Payments: What It Means

Edited by Shatabdi Chowdhury | Friday February 23, 2024, New Delhi

The Reserve Bank of India has come out with additional measures to ensure seamless digital transactions via unified payments interface or UPI.

Infosys CEO Salil Parekh Joins US-India Partnership Forum Board

Infosys CEO Salil Parekh Joins US-India Partnership Forum Board

Press Trust of India | Friday February 23, 2024, Washington

Salil Parekh, CEO and managing director at Infosys, has joined the US India Strategic and Partnership Forum as its board of directors.

Byju's Investors To Meet Today To Decide CEO's Future, But There's A Catch

Byju's Investors To Meet Today To Decide CEO's Future, But There's A Catch

Edited by Samiran Mishra | Friday February 23, 2024, New Delhi

The fate of Byju Raveendran, founder and CEO of ed-tech giant Byju's, hangs in the balance as an extraordinary general meeting (EGM) of its investors is scheduled to take place today.

Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI

Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI

Agence France-Presse | Friday February 23, 2024, New York

Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe, and North America.

India To Be 3rd Largest Economy By 2027, Surpass Japan, Germany: Jefferies

India To Be 3rd Largest Economy By 2027, Surpass Japan, Germany: Jefferies

NDTV News Desk | Thursday February 22, 2024, New Delhi

India's GDP is likely to touch $5 trillion over the next four years and will overtake Japan and Germany to become the third largest economy by 2027, Jefferies said on Wednesday.

Byju's Founder, Fighting Free Fall After Rapid Rise, Has A New Problem

Byju's Founder, Fighting Free Fall After Rapid Rise, Has A New Problem

Reported by Mukesh Singh Sengar, Edited by Saikat Kumar Bose | Thursday February 22, 2024, New Delhi

In more trouble for edtech giant Byju's, the Enforcement Directorate has barred its founder Byju Raveendran from travelling outside the country.

Stock Index To Rise About 9% In 2024, Correction Unlikely: Report

Stock Index To Rise About 9% In 2024, Correction Unlikely: Report

Reuters | Thursday February 22, 2024, Bengaluru

The stock market will surge to new highs by the end of June and gain nearly 9% in 2024, despite already lofty valuations, according to analysts polled by Reuters, who said a correction in the next three months was unlikely.

India Allows 100% Foreign Direct Investment In Space Sector

India Allows 100% Foreign Direct Investment In Space Sector

Reuters | Thursday February 22, 2024, Bengaluru

India relaxed rules to allow 100% foreign direct investment (FDI) in the space sector in a move aimed at promoting investment, according to a government notification on Wednesday.

RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns

RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns

Preeti Singh and Anup Roy, Bloomberg | Wednesday February 21, 2024

For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.

Inflation Expectations In India May Stabilise, Edge Down Going Ahead: RBI

Inflation Expectations In India May Stabilise, Edge Down Going Ahead: RBI

Reuters | Tuesday February 20, 2024

Inflation expectations in India may stabilise and edge down going ahead but renewed pressures from cereals and proteins cannot be ruled out, the Reserve Bank of India said in its February bulletin published on Tuesday.