Akshay Kumar gets Indian Citizenship on Independence Day
On the occasion of Independence Day, Akshay Kumar got Indian Citizenship. He was often trolled on social media by people calling him 'Canada Kumar' because he had Canadian citizenship while…
SpiceJet posts its largest quarterly profit in four years.
An increase in demand for flights enabled SpiceJet to announce a net profit of Rs 205 crore for the three months that ended in June. The airline, which is dealing…
RBI keeps repo rate unchanged at 6.5 percent: effects on you and the economy
The Reserve Bank of India (RBI) recently had the Monetary Policy Committee (MPC) meet, in which they decided to keep the main interest rate, called the repo rate, at 6.5%.…
ESPN strikes a major deal with Penn Entertainment
Under the brand name Worldwide Leader in Sports, ESPN will run the sportsbooks as part of a groundbreaking $2 billion agreement that the sports media giant Penn Entertainment declared.
Air India unveils new logo and plans for rebranding
As Air India launched a "modern new brand identity" on Thursday, top executives for Tata Group-owned Air India said the company aims to radically change itself while maintaining a sense…
Swiggy, Lenskart, OfBusiness, and FirstCry set to launch IPOs
Swiggy, Lenskart, OfBusiness and FirstCry are all in different stages of preparation for their Initial Public Offerings (IPOs), according to Navneet Govil, Managing Partner and CFO of SoftBank Vision Fund.
Finance Minister declares 28% tax on online gaming companies starting October 1
Finance Minister Nirmala Sitharaman, in the 51st Goods Service Tax (GST) meeting, announced a 28 % tax on all forms of online betting starting October 1. The meeting, held on…
The Central Government imposes restrictions on imports of electronics
The Government of India, on Thursday, decided to implement measures on curbing imports of laptops, tablets, and personal computers with immediate effect. The imports would be carried out only with…
Morgan Stanley expects India’s economy to outperform China in future
Brokerage company Morgan Stanley upgraded India's outlook to "overweight," saying that it thought the nation was just beginning a long-wave boom. This occurs four months after the company on March…
Adani Group’s Ambuja Cement buys Sanghi Industries for Rs 5,000 crore
Ambuja Cements Ltd (ACL), the cement and building material company, on Thursday, August 3, acquired Sanghi Industries Ltd (SIL) for Rs 5,000 crore.