Ananya Birla drops mic to focus on world of business

[ Mumbai: Entrepreneur-singer Ananya Birla (30), the eldest daughter of Aditya Birla Group chairman Kumar Mangalam Birla, has announced a break from music, saying she will ‘focus all her energies’ on business. Ananya is on the board of some group entities like Grasim, Aditya Birla Management Corporation and Aditya Birla Fashion.Taking to social media, Ananya … Read more

Big birds for big blue: IndiGo places a firm order for 30 Airbus A350s after ‘agreeing’ to do so last month

[ NEW DELHI: IndiGo on Monday placed a firm order for 30 wide body Airbus A350 aircraft. The airline had in April 25, 2024, announced it had “agreed to” order 30 planes and have an option for 70 more of these big birds. That intent has now been converted to an order as IndiGo plans … Read more

PhonePe offers cashback for Akshaya Tritiya 2024: Get up to Rs 2,000 on digital gold purchases | India Business News

[ Akshaya Tritiya 2024: The fintech platform PhonePe has announced a special cashback offer to celebrate Akshaya Tritiya 2024. On May 10, PhonePe users can receive an assured cashback of up to Rs 2,000 on a one-time purchase of 24k digital gold. The offer is valid for purchases of at least Rs 1,000 and is … Read more

Indegene IPO: Subscription is now open till May 9; should you invest?

[ Indegene IPO: The initial public offering (IPO) for Indegene, a leading provider of digital commercialisation services in the life sciences industry, is now open for public subscription. The IPO opened on Monday and will remain available for bids until May 9. Before the IPO launch, the company secured almost Rs 549 crore from major … Read more

Stock market today: BSE Sensex opens 300 points up; Nifty50 above 22,500

[ Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday on the back of positive global cues. While BSE Sensex moved up 300 points, Nifty50 was above 22,500. At 9:17 AM, BSE Sensex was trading at 74,095.91, up 218 points or 0.29%. Nifty50 was at 22,523.55, up … Read more

Millennial, Gen Z homes spur Q-commerce growth

[ MUMBAI: Two years ago, people laughed off the concept of quick commerce or instant deliveries. Some even asserted that consumers do not need products in 10-15 minutes. Today, however, quick commerce is fast becoming ubiquitous for many millennial and Gen Z households. Companies have moved beyond groceries to deliver items ranging from fans and … Read more

Why Indian students in the US, including those from elite Ivy League universities, are failing to land internships this summer

[ Indian students studying in the United States, including those enrolled in prestigious Ivy League universities, are facing difficulties securing internships for the upcoming summer due to a slowdown in job growth in the country. According to individuals knowledgeable about the situation, many students have been unable to obtain internship offers, which are essential for … Read more

‘Just like nuclear weapons’: Warren Buffett has this big warning on the use of artificial intelligence

[ Warren Buffett recently shared his thoughts on the potential impact of Artificial Intelligence during Berkshire Hathaway‘s Annual Shareholder meeting. He expressed concern about the technology’s ability to deceive, citing a personal experience where he witnessed a video of himself delivering a message that he never actually recorded. The video was so convincing that even … Read more

Mahindra Finance reports 10% drop in Q4 net profit at Rs 619 crore

[ NEW DELHI: Mahindra & Mahindra Financial Services has reported a 10 per cent decline in standalone profit and tax to Rs 619 crore for the January-March quarter of 2023-24. The non-banking finance company also said that in a fact-finding assessment of the fraud in its Aizawl branch during the quarter identified 2,887 loan accounts … Read more

Thermal power plants have 68% of normative coal stocks: Government Data

[ NEW DELHI: As many as 184 thermal power plants with a total generation capacity of 211 GW have 68 per cent of normative coal stock levels amid rising electricity demand due to soaring temperatures in the country. According to the Central Electricity Authority’s (CEA) May 3 daily report, 184 plants, that are monitored by … Read more