BUSINESS
Why Zerodha's Nithin Kamath thinks extending F&O trading hours is not a good idea
The CEO of Zerodha also mentioned that extended F&O trading hours "will level the playing field for domestic traders against international traders and are also good for capital markets businesses in terms of revenues, but I'm conflicted."
BUSINESS
GST Council Meeting: From states' compensation to rate cuts, here are key announcements by FM
Here is a lowdown on the rate cuts proposed and cleared by the Council, including clarification on GST Appellate Tribunal formation.
BUSINESS
India to get fair share of equity flows despite China re-opening: Citi's Badrinivas
Badrinivas' comments come in the backdrop of China opening up and foreign institutional investors (FIIs) being bullish there amid pent-up consumption and India's higher valuations.
BUSINESS
SMEs on hiring spree, outlook upbeat for 2023 recruitment as well: Report
According to Apna.co report, jobs posted by SMBs clocked a 60 percent surge year-on-year, mainly due to opportunities emerging from across tier 1 and 2 cities like Delhi-NCR, Mumbai and Bengaluru and also from Pune, Ahmedabad and Jaipur.
TRENDS
Kerala, not Goa, most favourite beach destination for Indians in Q3; London, Dubai, Paris highly searched overseas cities: Airbnb
Apart from that, the North East region has proved to be a trending destination among travellers as data shows a significant increase in searches for stays in Meghalaya, Assam, and Nagaland from Q3 2021 to Q3 2022.
TECHNOLOGY
Indians spend 7.3 hours on phone every day, more than Americans and Chinese: Report
According to Redseer report, India has hit 780 million internet users in 2022. Its internet user base to cross 1 billion by 2030 and surpass China.
INDIA
Beat T3 chaos, your face can be the boarding pass with DigiYatra. Here's how to get started
Your face is boadring pass DigiYatra is aimed at making the flight boarding process significantly faster and more seamless for passengers
BUSINESS
India can play a leading role in 'reimagining globalisation': McKinsey's Bob Sternfels
Sternfels noted that he is not naive to the challenges being faced in the world in terms of inflation, difficult geopolitics, and environmental challenges, and India is not immune to those.
BUSINESS
Not looking at any strategic alliance with Capri Global Holdings: Fino Payments Bank CFO
When asked on the competition level between Fino Payments Bank and Capri Global Holdings, Ketan Merchant added that there was no competition between the two as both are mutually exclusive businesses.
BUSINESS
Ravi Dharamshi on how India sees massive resilience amid weak global cues
Dharamshi's comments come at a time when investors worldwide are worried that another huge rate hike by the Fed Reserve could tip the US economy into a recession, thereby affecting global markets.
BUSINESS
Govt reduces windfall tax on crude oil to Rs 10,500 from Rs 13,000/tonne
Additionally, government has also reduced tax on export of diesel and ATF
BUSINESS
Paytm partners with Flipkart ahead of 'Big Billion Day' sale; check cashback, other offers
With this partnership, Paytm is offering assured cashbacks of 10 percent on all transactions on payments made through Paytm UPI and Paytm Wallet, the company said in a statement
BUSINESS
Apple removes older models, including iPhone 13 Pro, from its site
To be clear, Apple's earlier models such as iPhone 11, iPhone 12 Pro series and even iPhone 13 Pro series are not available to buy from its official website anywhere in the world or in India
BUSINESS
Tanla Platforms board approves Rs 170-crore share buyback, stock rises
Shares of Tanla Platforms hit the upper circuit as the stock gained 5 percent to close at Rs 836.35 apiece on BSE
BUSINESS
As India faces funding winter, August sees 20% decline in startup fund sizes: Report
Startups, in August, witnessed $885 million in funding, 102 funding rounds and 9 acquisitions, which were down by 20 percent, 8 percent, and 18 percent, respectively compared with July 2022, Tracxn report stated
BUSINESS
SpiceJet CFO Sanjeev Taneja resigns amid airline's widening quarterly loss
Taneja's resignation comes amid a widening quarterly loss and a series of mid-air incidents
BUSINESS
ZEE Entertainment, Disney Star sign agreement for TV rights of ICC Men’s tournaments
Disney Star will license the television broadcasting rights of the International Cricket Council's (ICC) Men's and Under 19 (U-19) global events for a period of four years to ZEE, the company stated
BUSINESS
Bengaluru places the highest number of early morning orders: Swiggy's Instamart
Swiggy mentioned that Bangalore, Mumbai, Hyderabad, Delhi, and Chennai ordered the most number of items
BUSINESS
HDFC Bank to buy nearly 10% stake in Go Digit Life Insurance
HDFC Bank will invest Rs 49.9 crore to Rs 69.9 crore in two tranches to acquire up to 9.94% equity stake in the company
BUSINESS
Chennai Petroleum board approves JV with IOC, seed equity investors for Rs 31,500 cr refinery
Further, the board also approved equity investment of up to Rs 2,570 crore by Chennai Petroleum in the joint venture
BUSINESS
RBL Bank gets board's approval to raise up to Rs 3,000 crore
Apart from the fundraising nod, the board also approved the appointment of two new members -- Gopal Jain, Managing Partner at Gaja Capital, and Sivakumar Gopalan, a Researcher for over three decades -- to its Board of Directors.
