September 2023

News

OYO Rooms founder Ritesh Agarwal becomes youngest Shark on Shark Tank India Season 3

Tom
September 30, 2023

Ritesh Agarwal, founder of OYO Rooms, joins Shark Tank India Season 3 as the youngest panel member. Agarwal, a self-made billionaire, founded OYO Rooms at 19, which is now one…

News

Byju’s to hold key board meeting for FY22 financial approval

Tom
September 30, 2023

Byju’s parent company, Think and Learn Pvt Ltd, plans a board meeting in October to approve and adopt its FY22 results. The meeting will include the board of directors, advisory…

News

Apple working on iOS 17 update to resolve iPhone 15 Pro overheating problem

Tom
September 30, 2023

Apple has acknowledged a software bug causing the iPhone 15 series, particularly the Pro models, to overheat and is developing an iOS 17 update to fix it. The overheating issue…

News

RBI extends deadline for exchanging ₹2,000 notes to October 7

Tom
September 30, 2023

The Reserve Bank of India (RBI) has extended the deadline for the public to exchange ₹2,000 notes until October 7, 2023. This move is aimed at giving people more time…

News

GST notices sent to thousands of taxpayers for FY18

Soumajit Sinha
September 30, 2023

Taxpayers have been given 30 days to respond to these automated notices, with a September 30 deadline for notice issuance. The majority of these notices deal with GST output and…

News

Blue Dart Announces General Price Increase Effective 2024

Tom
September 30, 2023

Blue Dart Express announced a 9.6% average shipment price hike from January 1, 2024. Price adjustment factors include macroeconomic conditions, inflationary pressures, and exchange rate fluctuations. New customers signing up…

News

RBI Declares Rs 2,000 Notes Worthless after Sept 30, Details on Exchange Procedures

Tom
September 30, 2023

The Reserve Bank of India stated that Rs 2,000 notes will lose value after September 30, and dispelled rumors of deadline extension until October. Until September 30, Rs 2,000 notes…

News

Young Investors Lose Out on Significant Retirement Savings Due to Delay: ICICI Pru Pension Fund CEO

Tom
September 30, 2023

Delay of two years in starting a monthly retirement fund contribution of Rs 10,000 can lead to a loss of Rs. 1.1 crore in retirement savings. National Pension System (NPS)…

News

Apple Uses Microscopic QR Codes on iPhone Glass to Reduce Defects and Cut Costs

Tom
September 30, 2023

Apple etches two QR codes onto the reverse side of iPhone screens to track production and defect rates. These codes are placed during different stages of production and require special…

News

Maruti Suzuki India Faces Rs 139.3 Crore GST Authority Notice

Tom
September 30, 2023

Maruti Suzuki has received a show cause notice from the GST Authority for potential interest and penalties amounting to Rs 139.3 crore. The issue relates to tax liability under a…

News

Akshata Murty, Wife of UK PM Rishi Sunak, to Dissolve VC Fund Catamaran Ventures UK

Tom
September 30, 2023

Akshata Murty, wife of UK Prime Minister Rishi Sunak, is set to liquidate Catamaran Ventures UK, a venture capital fund she co-founded with Sunak. The company, managing over $1 billion…

News

X, Formerly Twitter, Has Paid $20M to Creators, Claims CEO

Tom
September 30, 2023

Payments began July, initially totaling $5M, suggesting more creators have joined the platform or ad impressions increased. Eligibility for creators includes subscribing to X Premium, having 500+ followers, and 5…

News

India Pursues Lower Cross-Border Payment Costs Through International Cooperation, Central Bank Digital Currency

Tom
September 30, 2023

RBI Deputy Governor T Rabi Sankar discusses the high cost of global remittances, calling for a technologically viable solution. India is negotiating with more jurisdictions, exploring the central bank digital…

News

Bombay High Court’s Ruling on Controversial Fact Check Amendment Expected on December 1

Tom
September 30, 2023

The fact check amendment empowers the government to flag potentially incorrect online information, leading to concerns about censorship and infringement on free speech. Governments’ notice is advisory and intermediaries can…

News

‘Dumb Money’ Fails to Capture GameStop Saga’s Excitement

Tom
September 30, 2023

‘Dumb Money’, a film about the 2021 GameStop trading frenzy, opened to underwhelming reviews. The film depicts key figures such as Keith Gill and hedge fund managers, but the portrayal…

News

Vedanta Announces Plan to Demerge Five Major Businesses into Separate Entities

Tom
September 30, 2023

Vedanta Ltd plans to transform its aluminium, oil and gas, power, steel and ferrous materials, and base metals into separate listed entities. For each share of Vedanta Limited, shareholders will…