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After the DGCA imposes operation restrictions, SpiceJet’s stock drops 10% and reaches a two-year low-thumnail

After the DGCA imposes operation restrictions, SpiceJet’s stock drops 10% and reaches a two-year low

On Thursday, SpiceJet shares fell 10% on the BSE and reached a two-year low of Rs 34.60. SpiceJet was requested by the aviation regulator DGCA to cut its services in

Industry

Jul 28, 2022

Spotify’s quarterly revenue and user growth outperform expectations-thumnail

Spotify’s quarterly revenue and user growth outperform expectations

According to Refinitiv IBES data, the Swedish music streaming company increased revenue by 23% to 2.9 billion euros ($2.94 billion), beating analysts’ expectations of 2.8 billion euros. On Wednesday, Spotify

Entertainment

Jul 28, 2022

Meta’s new chief strategy and chief financial officers have been appointed by Mark Zuckerberg-thumnail

Meta’s new chief strategy and chief financial officers have been appointed by Mark Zuckerberg

On Thursday, Meta reported its first revenue decline in company history, owing to a drop in ad expenditure as the economy deteriorates and rival TikTok’s competition grows. Mark Zuckerberg, the

News

Jul 28, 2022

Zomato investors have given their approval to the Blinkit deal-thumnail

Zomato investors have given their approval to the Blinkit deal

On Wednesday, the stock reversed its downward trend and closed 5.5 percent higher. According to filings available on the BSE, Zomato’s investors voted in favor of the company’s acquisition of

Investment & Funding

Jul 28, 2022

Sony Pictures Entertainment has announced a new leadership team for the film industry-thumnail

Sony Pictures Entertainment has announced a new leadership team for the film industry

In addition to its Hollywood slate, Sony Pictures is increasing its investment in Indian theatrical projects and has expanded its footprint in regional cinema with projects in Telugu, Tamil, and

Entertainment

Jul 28, 2022

Scoop at the 15 companies that  have withdrawn ads found ‘misleading’-thumnail

Scoop at the 15 companies that  have withdrawn ads found ‘misleading’

Nidhi Khare gave a summary of the CCPA’s actions, which have lasted two years as of July 24. The CCPA has so far issued 129 notifications, 71 of which were

Industry

Jul 27, 2022

Mercedes expects that demand will continue to outpace supply. -thumnail

Mercedes expects that demand will continue to outpace supply. 

When the automaker released better-than-expected second-quarter earnings on Wednesday, it cited “strong” orders and “robust and high-quality” demand for vehicles like the flagship electric EQS. Later this year, a new

Automotive

Jul 27, 2022

What happens to investors’ funds if cryptocurrency is outlawed in India?-thumnail

What happens to investors’ funds if cryptocurrency is outlawed in India?

The Reserve Bank of India has been pushing for a crypto ban in India, while Finance Minister Nirmala Sitharaman has stated that any decision on a crypto ban will require

Digital Transformation

Jul 27, 2022

Shareholding in the PhonePe unit PhonePe, a subsidiary of Flipkart, is spun off and valued at $5.5 billion-thumnail

Shareholding in the PhonePe unit PhonePe, a subsidiary of Flipkart, is spun off and valued at $5.5 billion

Phone Pe will raise $700 million in primary capital following the spin-off. The funds will be raised from existing Flipkart investors, led by Walmart, at a post-money valuation of $5.5

Finance

Jul 27, 2022

Sorry, Kylie Jenner, Instagram will never stop attempting to be TikTok-thumnail

Sorry, Kylie Jenner, Instagram will never stop attempting to be TikTok

Instagram CEO Adam Mosseri responded to Jenner’s public call to “stop trying to be TikTok.” Despite a barrage of criticism, particularly from Kylie Jenner, Instagram’s most-followed woman, the social media

Entertainment

Jul 27, 2022

<strong>Byju’s co-founder Divya Gokulnath calls the pending BCCI dues “fake news.”</strong>-thumnail

Byju’s co-founder Divya Gokulnath calls the pending BCCI dues “fake news.”

The statement confirms previous media reports that Byju’s owed the BCCI Rs. 86.21 crores in unpaid debts. Byju’s co-founder Divya Gokulnath referred to news reports as “hearsay” in a furious

Education

Jul 27, 2022

Zomato shares rose today after falling for the previous two sessions-thumnail

Zomato shares rose today after falling for the previous two sessions

Zomato shares have set new lows for the second time in a row following the end of the mandatory pre-IPO shareholder’s lock-in period. Zomato shares recovered from a two-day losing

Investment & Funding

Jul 27, 2022


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