Business news
- Business
Ashneer sold passes of ICC T20 WC 2021 for crores, claim sources
New Delhi: Adding fuel to the ongoing Ashneer Grover-BharatPe saga, multiple sources on Wednesday confirmed that Grover allegedly sold thousands of free passes during ICC Mens’ T20 World Cup 2021 last year…
- Business
Retail fuel prices would need to be increased by 15% to reflect international crude prices
New Delhi: Retail fuel prices have not been marked to market for a few months and should be increased by approximately 15 per cent to reflect the current international crude prices, Morgan…
- Business
US restaurant chain sues Google for directing customers away
San Francisco: A restaurant group in the US has sued Google for directing customers to unauthorised Google-branded food ordering web pages rather than sending them to the restaurant’s own website. The Florida-based…
- Business
I’ll use Rs 10 cr to give 1,000 jobs, not buy a dining table: Ashneer Grover
New Delhi: Former BharatPe Co-founder and Managing Director Ashneer Grover has hit back at the company’s Board, saying he never bought a dining table worth Rs 10 crore as being reported. In…
- Business
Here is how close relatives helped Grover siphon off BharatPe funds
New Delhi: Amid the hullabaloo over Ashneer and Madhuri Jain Grover and their tussle with BharatPe, the admin head at the fintech firm who was Madhuri Jain’s close relative and allegedly involved…
- Business
BharatPe ready for any preliminary govt probe, to comply with law
New Delhi: After reports surfaced that government regulators may expand their probe into BharatPe’s financial books after the Ashneer-Madhuri Grover saga that rattled the startup ecosystem, sources close to the developments said…
- India
Meet women ‘Covidprenuers’ who used lockdowns to launch their own businesses
New Delhi: Opening a new venture in the chaotic times of Covid when even the long established ones faced a serious threat of shutting down, seemed crazy, if not suicidal, to most…
- Business
PayPal shuts down services in Russia
San Francisco: Payments company PayPal has announced that it is suspending its services in Russia in the wake of Ukraine invasion. Ukraine’s vice prime minister Mykhailo Fedorov tweeted a letter from PayPal…
- World
China’s trade war with US resulted in loss of USD 550 billion: Report
Beijing: Amid an economic slowdown, China’s four-year ‘trade war’ with the US has resulted in a total loss of USD 550 billion in import tariffs, the majority of which are aimed at…
- Business
Russia’s credit ratings downgraded to ‘junk’ by Moody’s and Fitch
New Delhi: Russia’s credit ratings have been downgraded deep into the ‘junk’ territory by Moody’s Investors Service and Fitch Ratings, with the duo highlighting the economic toll inflicted by wide-ranging sanctions and…
- India
BharatPe removes Ashneer Grover’s profile from website
New Delhi: Fintech platform BharatPe on Thursday removed Ashneer Grover’s profile and photo from its website after the company accused him, along with his wife Madhuri Jain, of allegedly engaged in extensive…
- Business
Bitcoin now has higher market cap than Russian currency
New Delhi: As Russia intensifies its battle to take control of Ukraine, Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross $2 trillion. With the recent gains,…
- Business
Exxon’s exit from Russia puts OVL in a fix
New Delhi: Exxon Mobil Corp’s decision to exit Russia has put India’s flagship overseas firm ONGC Videsh in a fix as it is a partner in the global energy giant-operated Sakhalin-1 oil…
- Business
Exports rise 22.36 pc to USD 33.81 bn in February
New Delhi: India’s exports rose by 22.36 per cent to USD 33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit…
- Business
Brent crude breaches $100 per barrel mark again
New Delhi: Concerns over lower supply amid escalating Russia-Ukraine conflict pushed up global crude oil prices to $102 per barrel on Tuesday. The rise in crude oil prices comes after negotiations failed…
