Browsing Category

Business

2898 posts

Paytm terminates inter-company agreements with banned Paytm Payments Bank

In response to ongoing regulatory challenges and heightened scrutiny from RBI and…

Reliance and Disney to merge India businesses to form a new $8 billion media giant

The Indian media landscape is now set for a seismic shift: in…
Paytm

RBI extends Paytm Payments Bank’s operation-ceasing deadline as it gets new banking partner

The Reserve Bank of India (RBI) has announced an extension to the…

Macquarie downgrades Paytm, slashes target price by 58%

Paytm, once the poster child of India’s booming fintech industry, continues to…
Zomato

Zomato reports rise in revenue, profit in Q3 FY24

Zomato has announced its financial results for the third quarter of the…

Disney to invest $1.5Bn in Fortnite maker Epic Games

Disney is making strides into the gaming landscape, with the entertainment conglomerate…

Meta surpasses Q4 2023 expectations, Reality Labs clocks major operating loss

The “year of efficiency” has finally come to an end for social…

Apple faces China struggles as iPhone sales decline, but global revenues grow

Apple, the tech juggernaut, is facing a formidable challenge in its Chinese…
Disney+

Reliance-owned Viacom18 set to acquire 60% stake in Disney India for $3.9Bn: Report

It seems Disney India’s acquisition with Mukesh Ambani-owned Viacom 18 is finally…

Alphabet’s Q4 earnings 2023: Ad revenue misses estimates, Google Cloud shines

Generative AI turned out to be the highlight of the previous year,…

India’s central bank asks Paytm Payments Bank to halt business

Paytm Payments Bank, the payment giant’s division that handles payments for several…
Byju's

Byju’s cuts valuation by over 99% in latest rights issue

Byju’s, the prominent Bengaluru-based edtech giant, is reportedly open to accepting a…
Tesla

Tesla stock plummets over 8% as Elon Musk warns of slowing sales growth

Tesla’s stock faced a significant downturn, plummeting over 8% after CEO Elon…

Microsoft briefly surpasses $3Tn market cap, second to do so after Apple

In a remarkable turn of events, Microsoft experienced a historic moment as…

Sony terminates $10Bn mega entertainment merger in India with Zee Group

A Sony-Zee streaming merger that was once hailed as a solid rival…

Paytm’s focus on financial services drives Q3 revenue growth and narrowing loss

Digital payments giant Paytm reported encouraging financial results for Q3FY24, showcasing a…

FedEx looks to take on Amazon and others with new merchant platform FDX

Logistics giant FedEx has unveiled a new ‘data-driven commerce’ platform FDX, in…

Apple responds to market pressures with rare discounts on iPhones in China

Apple, often seeming invincible in the consumer tech space, is showing rare…