Topics: Business

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

India Lockdown: Parle G to donate three crore biscuits pack through government agencies

India-based biscuits maker Parle-G has announced its plans to donate over three crore packs of biscuits in the next three weeks through government agencies. In...

Online grocery startup BigBasket acquires milk delivery app DailyNinja for Rs 48 crore

India-based online grocery delivery startup BigBasket has completed the acquisition of 100 percent stakes in milk delivery startup DailyNinja. According to the Economic Times report,...

COVID-19: Bank of Japan sees deeper economic pain, even after emergency easing

The Bank of Japan expanded monetary stimulus in an unscheduled policy meeting on March 16 to ease corporate funding strains and calm financial markets...

Coronavirus Update: TVS Electronics stops manufacturing operations till 31st March 2020

Aimed at securing employees, customers and stakeholders from the novel outbreak of coronavirus (COVID-19), India's leading technology giant TVS Electronics on Monday suspended its...
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COVID-19: Hero Cycles set up Rs 100 crore contingency fund

In a bid to address the mitigating impact of coronavirus (COVID-19) on the partners and on the community, Leader in cycle making, Hero Cycles...

COVID-19 Update: Industry Bodies says, “India needs stimulus plan or it risks crippling small businesses”

India's small and mid-sized enterprises (SMEs) will struggle for survival if the government does not follow international counterparts in offering financial support to those...

Market Analysis: Fed announces unlimited QE, corporate bond purchases

The US Dollar has weakened across the board after the Fed unleashed a slew of unprecedented measures. The Fed said it would buy an...

Market Analysis: “COVID-19 to dry up the liquidity in the FX market, quotes to become wider as participation tapers off.”

The Global Coronavirus situation continues to become grim by the day. Several countries across Europe have come to a grinding halt on account of...

Fintech startup Zaggle appoints Siva Kumar as its new CTO

India's leading fintech startup Zaggle has announced the appointment of Siva Kumar as the company's new chief technology officer. The company in its statement said,...
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Ashok Leyland to acquire 19% stake in Hinduja Leyland Finance

India's leading automaker, Ashok Leyland, has announced the acquisition of an additional 19 percent equity shares in Hinduja Leyland from the existing shareholders. In a...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Steve Mnuchin: “Coronavirus is worse than 9/11 for the airline industry”

Speaking with the press on Tuesday, Steve Mnuchin, Treasury Secretary of the United States, said, "The Coronavirus outbreak is worse than 9/11 for airline...

Bajaj Finance reappoints Rajeev Jain as Managing Director

India based finance company, Bajaj Finance on Wednesday announced the reappointment of Rajeev Jain as the company's managing director. In a filing at the Stock...

Space tech startup Agnikul secures Rs 23.4 cr in Pre-series A round funding from Pi Ventures, Artha Ventures, and others

Chennai-based 3D printed single-piece rocket engine marker Agnikul has raised Rs 23.4 crore in Pre-series A round funding from pi Ventures. The new round of...
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Market Analysis by Abhishek Goenka: Risks in USD INR are tilted to the upside

Strong resistance for the pair stands at 74.50 (all-time high). A break and sustain above 74.50 will open room for further upside and can...

Report: Trump administration looks for $850 billion to stem COVID-19 economic fallout

The Trump administration plans on seeking a $850 billion stimulus package aimed at buffering the economy against fallout from coronavirus, the Washington Post reported...

Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the first time ever for this year's annual general meeting (AGM) on March 18, urging...

YESBankCrisis: ED summons Anil Ambani in money laundering probe

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor...
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Christine Lagarde said, “COVID-19 will have a huge impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant...

Tata Steel to raise Rs 670 crore through Non-convertible debentures

India-based steel company Tata Steel has said that “Its committee of directors has approved the plan of raising Rs 670 crore through issuance of...

GE Power India terminates Rs 818.3 crore worth of contract with NECL

GE Power India Limited on Thursday said that “It has terminated a contract with Navayuga Engineering Company Ltd (NECL).” The company in its filing at...

TG TV: Mark Carney says, “Bank of England will take necessary steps to support the UK economy”

Governor Mark Carney, on Wednesday, said that "The Bank of England will take all necessary further steps to support the UK economy from the...

TG TV: Union Minister Piyush Goyal speaks on the prospects of US-India Trade deal

In an event on Saturday, the union minister of India, Piyush Goyal speaks on the prospects of the US-India trade deal. https://www.youtube.com/watch?v=JGRsvrFzWvo&t=149s
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Blockchain-focused social media platforms have made many promises, but haven’t delivered

The Tron Foundation, the main organization behind the development of Tron (TRX), one of the largest platforms for building decentralized applications (dApps), and Steemit...

An interview with Raj N. Phani, Founder & Chairman of Zaggle

When it comes to a FinTech company that is working towards helping corporates to maximize their business potential through digitizing and analyzing the spending,...

ArcelorMittal Nippon Steel acquires the Bhander power plant from Edelweiss Asset Reconstruction Company

ArcelorMittal Nippon Steel India on Tuesday said that “It has acquired the Bhander Power Plant from Edelweiss Asset Reconstruction Company.” The company in its statement...

Ashok Leyland reports a 37% decline in February sales

India's leading automaker, Ashok Leyland, has reported a 37 percent decline in its total February sales at 11,475 units as compared to 18,245 units...

Opinion: Does Team Ramp Up Guarantee Increased Feature Velocity?

When startups move from early to the growth stage, their priorities change by a significant degree. Among all others, feature velocity stands out as...
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