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9.95% stake in India International Exchange (IFSC), acquired by SBI

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

Claims can’t be refused by insurers citing existing medical conditions if the policy has been issued already

By Arham Ullah Khan

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

Doctors association calls for a complete withdrawal of all medical services as a protest

By Arham Ullah Khan

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

Handing over of Air India to the Tata Group delayed further

By Arham Ullah Khan

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

News

December 28, 2021

Nirav Modi’s assets of over ₹1,000 crores detached by the ED; listed in auction

By Arham Ullah Khan

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 rises up to $51,000, highest in two weeks

By Arham Ullah Khan

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

Finance

December 27, 2021

World economy on its way to hit the $100 trillion mark in 2022

By Arham Ullah Khan

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

Finance

December 27, 2021

TikTok surpassed Google to become the top domain

By Arham Ullah Khan

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 surpasses UK to become the third top country with most ‘unicorns’

By Arham Ullah Khan

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

December 24, 2021

Major Chinese smartphone companies raided by IT Department

By Arham Ullah Khan

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

Musk says he is ‘almost done with the stock sales of Tesla

By Arham Ullah Khan

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

Finance

December 23, 2021

Zee-Sony Merger: Punit Goenka to head the merged company

By Arham Ullah Khan

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 approves fundraising plan worth ₹10,000 crores.

By Arham Ullah Khan

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

Finance

December 22, 2021

The centre to start the first of its kind event to encourage start-up ecosystem in India

By Arham Ullah Khan

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

UAE based Lulu Group to invest 2,000 crores to build a mall in Gujarat

By Arham Ullah Khan

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

December 13, 2021

Tata Motors ready to invest more than $1 billion into commercial vehicles

By Arham Ullah Khan

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

News

December 10, 2021

Mukesh Ambani emphasizes the importance of a new digital revolution in India

By Arham Ullah Khan

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

Technology

December 9, 2021

Tata Motors ready to invest more than $1 billion into commercial vehicles

By Arham Ullah Khan

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

December 9, 2021

Crypto-holders are likely to get a deadline to declare their assets and meet the rules prepared by The Indian government

By Arham Ullah Khan

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

Finance

December 8, 2021

900 employees fired from “better.com” on a zoom call

By Arham Ullah Khan

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

News

December 7, 2021

Hindustan Unilever’s Sanjiv Mehta to be appointed as the President of FICCI

By Arham Ullah Khan

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

News

December 7, 2021

SBI research suggests that the GDP of India is likely to grow by 9.5% in FY22

By Arham Ullah Khan

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

OECD says it would take $50 billion to vaccinate the entire population on Earth.

By Arham Ullah Khan

$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

Healthcare

December 3, 2021

Indian born Gita Gopinath to take over as the First Deputy Managing Director at IMF

By Arham Ullah Khan

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

News

December 3, 2021

CEO of Twitter, Parag Agarwal, the youngest CEO in top 500 companies

By Arham Ullah Khan

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

Entertainment

December 2, 2021

Cryptocurrency named “Omicron”, shoots up by 900% after the same name was given to the new Covid variant.

By Arham Ullah Khan

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

Finance

December 2, 2021

Samsung on its way to hire a thousand new employees from top colleges in India

By Arham Ullah Khan

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

Technology

November 26, 2021

Pfizer allows other companies to make their pill, to help more countries

By Arham Ullah Khan

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

Technology

November 25, 2021

RBI imposes penalty against Tata Communications Payment Solutions, Appnit Technologies

By Arham Ullah Khan

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

Finance

November 25, 2021

Sputnik light vaccine might get launched in India soon

By Arham Ullah Khan

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

Healthcare

November 25, 2021

Covid-19 Update: 7,579 new cases in 24 hours.

By Arham Ullah Khan

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

News

November 24, 2021

India and US ready to improve trade issues.

By Arham Ullah Khan |

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

News

November 24, 2021

Uttar Pradesh set to have 5 international airports; highest for any state

By Arham Ullah Khan

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

News

November 24, 2021

Winter session of the parliament might bring cryptocurrencies to an end

By Arham Ullah Khan

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

Investment & Funding

November 24, 2021

Fake chicken with bones and skin caught Nestlé’s eye

By Arham Ullah Khan

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

Healthcare

November 20, 2021

Investors left disappointed by Paytm on its first day on the IPO market

By Arham Ullah Khan

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

Finance

November 19, 2021