The largest public sector bank in the country, State Bank of India (SBI), acquired the 9.95% of the IFSC. The IFSC stake is to be “acquired subject of maximum investment
BFSI
December 31, 2021
Justices D Y Chandrachud and B V Nagarathna decided that an insurer cannot repudiate a claim by citing an existing medical condition, in the proposal form, after the policy has
News
December 29, 2021
Federation of All India Medical Association (FAIMA) called for a complete withdrawal of all healthcare facilities across the country in protest against the violence by Delhi Police on protesting doctors.
Healthcare
December 28, 2021
According to an official, the Tata Group’s takeover of the national carrier Air India, to be delayed by almost another month due to incomplete procedures and formalities taking more time
The Enforcement Directorate (ED), took the step of detaching assets worth over ₹1,000 crore off from the belongings of the prime accused of the PNB Scam and listed them for
Finance
December 27, 2021
Bitcoin rose to the heights of $51,000 (roughly about ₹38 lakh), the highest it has been in the time span of more than 2 weeks. Raising the hopes of a
Studies say that the world economy will surpass $100 trillion for the first time ever, according to the Centre for Economics and Business Research. The world economy is all set
The famous video creating and browsing domain ‘TikTok.com’ dethroned ‘Google.com’ to become the top domain of the world. Last year, the famous video platform ‘TikTok.com’ stood at the 7th rank
Technology
December 24, 2021
India secured the third position after displacing UK in terms of having the highest number of unicorns. Unicorn is a term used for private start-up companies which are valued at
Advertising
The Income Tax Department is conducting searches on major Chinese smartphone brands in India in a big crackdown. The Income Tax Department is conducting raids on numerous, mainly Chinese, smartphone
Manufacturing
December 23, 2021
CEO of Tesla Inc. Elon Musk says he is ‘almost done’ with the stock sales of his company after selling more than $15 billion worth of stocks in more than
Zee Entertainment and Sony India have merged into one company, creating the second largest entertainment network of India. Sony India and Zee Entertainment have merged into creating the second largest
Entertainment
December 22, 2021
YES Bank’s board nods to their ₹10,000 crore fundraising plan on December 21. The private lender informed in a regulatory filing that their board has agreed to the ₹10,000 crore
Department of Promotion of Industry and Internal Trade (DPIIT), to host the first of its kind week long event, to encourage the culture of startups in India. The “Azadi ka
Startup
December 13, 2021
The UAE based retail giant Lulu, is all set to open two more malls in India by March next year. The Lulu Group already has three malls in India and
Investment & Funding
Indian automobile giant Tata Motors, is all set to invest more than a billion dollars into manufacturing of commercial vehicles. After starting the manufacturing of electric vehicles, now Tata Motors
December 10, 2021
Mukesh Ambani emphasizes on the importance of a new digital revolution in India The richest man in our country, Mukesh Ambani, the chairman of Reliance Industries (RIL), said at the
December 9, 2021
Indian automobile giant Tata Motors is all set to invest more than a billion dollars into manufacturing of commercial vehicles. After starting the manufacturing of electric vehicles, now Tata Motors
Automotive
Capital markets regulator likely to be appointed by the Indian Government to regulate the use of cryptocurrencies in India. Indian authorities are looking forward to consider cryptocurrencies as financial assets
December 8, 2021
The CEO of better.com, a US based home ownership platform, fired 900 employees from his company, right before the holidays start, on a zoom call. Right before the holidays could
December 7, 2021
The Chairman and The Managing Director of HUL, Sanjiv Mehta will take over as the president of FICCI. The CMD of Hindustan Unilever, Sanjiv Mehta, will succeed Uday Shankar, the
In the second quarter of the current fiscal, the GDP grew by 8.4% and is believed to grow even more. An SBI research report shows that the economy of the
Industry
December 3, 2021
$50 billion is the amount, that can save the world economy and is essential to bring things back to normalcy. On an interview with Bloomberg on Wednesday, the chief economist
Gita Gopinath is all ready to take over as the new first Deputy Managing Director, the second highest post, at the International Monetary Fund. Geoffrey Okamato, who plans to leave
The 37 year old CEO was appointed on Monday to replace the previous CEO and founder of Twitter, Jack Dorsey. Newly appointed Chief Executive Officer of Twitter Inc. has been
December 2, 2021
The unexpected boom in the currency’s value is linked to its name, which is the same as the new Covid variant, “Omicron”. Omicron, a lesser known cryptocurrency, suddenly saw a
South Korea based technology giant Samsung is looking forward to hire 1000 new employees from top engineering institutes in India for its Delhi, Bengalore and Noida offices. Samsung is looking
November 26, 2021
Pfizer Inc. has signed a deal with UN to allow other drug companies to make their revolutionary VOID-19 pill, which can make the treatment available to more than half of
November 25, 2021
The Reserve Bank of India (RBI) penalised two payment system operators namely: Tata Communications Payment Solutions and Appnit Technologies, for lack of compliance with a few guidelines. TCPSL, which is
The Russian made Sputnik light Covid-19 vaccine is likely to be launched in India by December according to the CEO of Russian Direct Investment Fund, Kirill Dmitriev. Sputnik light, which
The ministry of health and family welfare on Tuesday, said that 7,579 new cases and 236 deaths took place in the previous 24 hours. 71,92,154 vaccine doses were administered in
November 24, 2021
Representatives from both countries have been talking about easing trade issues for more than a year now, including tariffs etc. Representatives agreed to come to a conclusion about making trade
Uttar Pradesh presently has 8 airports and is getting ready for 13 more airports and 7 more airstrips, which are still under development. India’s most populated state is preparing itself
The government plans to talk about banning all cryptocurrencies with a few exceptions in the winter session of the parliament this year. A very long awaited bill to control the
Nestle invested in a start-up that makes a vegan friendly copy of chicken with even fake bones and skins. Nestle, the largest food company globally, has been looking for plant-based
November 20, 2021
Investors had to face heavy losses on One 97 Communications’s (parent company of Paytm) highly celebrated stock market debut. Investors were left mouth wide open, after the very awaited stock
November 19, 2021
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