Business News

UK economy

UK Economy enters recession amid gloomy GDP figures

Figures released by the Office for National Statistics (ONS) revealed a 0.3 per cent decline in gross domestic product (GDP) between October and December 2023....

Mukesh Ambani

How will Reliance – Tata Play deal for 30% stake from Disney will impact Indian media?

Mukesh Ambani’s Reliance is in talks with Tata Play for 30% stake from Disney, as per sources. ...

Japan's economy

Japan drops to fourth-largest world economy post facing recession

Japan lost its spot as the world's third-largest economy and Germany claimed the spot. Read below to understand which factors lead to the decrease in Japan's economy and what potential solutions are being panned out. ...

Cisco

Cisco plans to cut 5% of work force, may chop 4000 jobs

Soon after the announcement, Cisco's stock fell more than 5% on February 14 during extended trading....

Mastercard, visa

Why did RBI suspend Mastercard, Visa’s card-based commercial payments

A letter issued by the banking regulator directs the firms to suspend all business payment solution providers’ (BPSP) transactions till further notice....

IBBI amends regulations

Good news for homebuyers in India! IBBI amends regulations

According to the recent amendment the allotted flat won't be part of liquidation process now....

Paytm

Setback to Vijay Shekhar Sharma as ED to probe Paytm Payments Bank irregularities

Paytm has been facing setback since Reserve Bank of India took regulatory action against it on January 31....

Jack Sweeney

Who is Jack Sweeney who angered Taylor Swift and is on radar of celebs

US programmer Jack Sweeny who tracks celebrities' private jets, has been garnering both praise and criticism lately....

EaseMyTrip to open 5 star hotel

EaseMyTrip to set up 5-Star hotel near Ayodhya Ram temple

The hotel will be located less than 1 km from the temple. ...

SpiceJet

SpiceJet announces layoffs: 1,400 employees affected, expected savings of $12 million annually

In recent months, SpiceJet has undertaken various initiatives to navigate through challenging times. The airline received fund infusions aimed at faci...

Paytm

Paytm Payments Bank Director Manju Agarwal resigns, causing even another shock

Another shock for Paytm as Director Manju Agarwal resigns amid clampdown...

Gurugram man sues Zomato

Gurugram customer sues Zomato for delivering 'fresh food' from Lucknow in just 30 mins

Zomato's 'Legends' service has been a unique selling proposition for the company, attracting customers with the promise of delivering food from iconic...

The Karnataka government authorises investments of ₹6,407.82 crore.

Karnataka government clears investment projects worth ₹6,407.82 crore

The committee, led by Minister of Infrastructure Development and Large and Medium Industries M. B. Patil, approved the suggestions on Friday....

Paytm

Crisis-hit Paytm set to operate as third-party app for UPI: Reports

Paytm plans to work with three or more banks to begin offering new VPAs to its users as early as next month....

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