Google-owned Fitbit on Wednesday announced that its users in the country will now be able to use a new features including blood glucose tracking tool in the Fitbit app. The company also said that Daily Readiness Score is now available in the Fitbit app for Premium members with compatible devices. It is an experience that uses proven research and insights from your body via your Fitbit device -- your activity, heart rate variability (HRV over your entire night's sleep) and recent sleep patterns -- to help you determine if you should work out or prioritise recovery, it said. "Daily Readiness is now

Facebook hosts at least 30 distinct pages for bidi companies, and many of these companies are utilising the social media platform to facilitate sales, according to a report released on Wednesday. The report titled "Selling Death on Social Media: How Bidis Are Reaching Consumers Online" from global public health organisation Vital Strategies details digital media monitoring data with 344 instances of bidi marketing on social media between December 2020 and August 2021, almost exclusively through Facebook (98 per cent).

Indias leading digital payments and financial services platform Paytm has closed the bid/offer for its IPO by being 1.89 times oversubscribed. From once being India's highest valued unicorn to be on the verge of being the country's largest stock market debut today, the company stands as a testament to the true Indian entrepreneurial story. As per data from the 

Domestic car sharing marketplace Zoomcar on Tuesday announced that it successfully completed a $92 million private placement led by New York City-based SternAegis Ventures along with participation from other investors. SternAegis acted as the exclusive placement agent for this offering and ThinkEquity acted as special advisor. Zoomcar intends to use the proceeds from this financing to grow its car sharing marketplace in India and various select markets across Asia and the MENA region.

The stocks of PSU lenders Bank of Baroda, Canara Bank and Union Bank have lately been on a high as healthy results as well as acceleration in economic recovery attracted hoards of investors to these counters. Besides, the banking sector as a whole has been in the limelight on the back of healthy quarterly results. In terms of quarterly results, Canara Bank posted impressive Q2FY22 figures on the back of lower provisioning and improvement in asset quality. The bank's net profit rose to Rs 1,333 crore from 

The Chief Judicial Magistrate of Jaisalmer Court on Monday rejected the bail application of former SBI chairman Pratip Chaudhury, arrested in the Jaisalmer hotel loan fraud case, and sent him to judicial custody till November 15. The former SBI chairman will now have to spend his Diwali behind bars, said sources. He will be in judicial custody for 15 days till November 15, they added. Pratip Chaudhury was arrested from Delhi on Sunday and brought to Jaisalmer on Monday. After that he was

Automobile major Maruti Suzuki India's Q2FY22 net profit declined by over 65 per cent on a year-on-year basis. Net profit fell to Rs 475.3 crore during the quarter under review from Rs 1,371.6 crore in Q2FY21. However, the company's net sales for the quarter under review rose to Rs 19,297.8 crore from Rs 17,689.3 crore earned in Q2FY21.

Even though the six-member Monetary Policy Committee of the Reserve Bank of India was unanimous in retaining the repo rate at its last meeting, not all members were in consonance for maintaining the accommodative stance.

The Reserve Bank of India on Monday imposed a monetary penalty of Rs 1.95 crore on Standard Chartered Bank India. The penalty was imposed for non-compliance with the directions issued by the RBI on 'Customer Protection - Limiting Liability of Customers in Unauthorised Electronic Banking Transactions', 'Cyber Security Framework in Banks', 'Credit Card Operations of Banks' amongst others. "This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the RBI said in a statement.

Samsung on Monday said it has strengthened its 5G footprint in India with up to 12 bands support on Galaxy 5G smartphones in the festive season. The South Korean company has one of the largest 5G smartphone portfolio in India with 13 5G-ready Galaxy smartphones. "Our vision is to let our consumers be the first to benefit from 5G once commercialised, so that they can experience superfast speeds, ultra-low latency and smooth streaming," said Aditya Babbar, Senior Director and Head, Mobile Marketing, Samsung India.

India's benchmark equity index -- NSE Nifty50 -- breached the 18,000 point-mark on Monday as positive global cues along with expectations of healthy Q2FY22 results buoyed investor sentiments. The Nifty50's march from 17,000 to 18,000 took just 28 days. In the day's trade, the Nifty50 touched an intra-day record high of 18,041.95 points. The other key index -- S&P BSE Sensex -- closed in the green during Monday's trading session. Globally, Asian stocks ended Monday's session on a mixed note. However, European stocks kicked off the week slightly lower, with nerves around inflation and the upcoming earnings season off-set surging commodity prices that supported oil and mining shares.

The Competition Commission of India (CCI) passed a final order against two firms - PMP Infratech Pvt Ltd and Rati Engineering - for indulging into concerted practices leading to bid rigging of a tender floated by GAIL in 2017-18 for the restoration of well sites located in Ahmedabad and Anand areas of Gujarat. Based on investigation and electronic/documentary evidence collected by its Director General as well as other evidence available on record, the CCI found that the two firms were in regular

The GST Council on Friday approved a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy 5 per cent GST on supplies made by them.Such food delivery apps will now be required to collect 5 per cent GST, or Goods and Services Tax, from consumers instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said on Friday evening after the Council meeting.There would be no extra tax burden on the end consumers taking food delivery from restaurants registered with the GST. However, the levy will plug tax evasion being done by unregistered restaurants.The changes will be effective from January 1, 2022 to allow the e-commerce operators time to make changes in their software for such tax to be charged."E-commerce operators are being made liable to pay tax on following services provided through them : transport of passengers, by any type of motor vehicles through it (w.e.f. January 1, 2022), restaurant services provided through it with some exceptions (w.e.f. January 1, 2022)," a Finance Ministry statement on the GST Council's decisions said.

India's key stock indices rose during mid-afternoon trade session on Thursday to reach new intra-day record high levels. Accordingly, both key indices - S&P BSE Sensex and NSE Nifty50 -- made new record highs. The Sensex crossed the 59,000 mark, while Nifty breached the 17,500 level.

The Indian equity indices traded in the red on Tuesday morning as they gave up initial gains, with the BSE Sensex losing over 200 points.Heavy selling pressure was witnessed in banking, finance and oil and gas stocks.Investors also took to profit booking post the recent bull run in the market, analysts said.Around 10.10 a.m., Sensex was trading at 58,053.53, lower by 243.38 points or 0.42 per cent from its previous close of 58,296.91.

A now-deleted video allegedly showed silicone cases for the "iPhone 13 Pro Max," a clip that seemingly confirms the expected "iPhone 13" name of the upcoming Apple product launches. Posted to Twitter on August 30, the video starts by showing a collection of cases in white boxes, surrounded by elastic bands, reports AppleInsider. Each are labelled "iPhone 13 Pro Max Silicone Case," as well as a MagSafe label, the report said.

The Indian stock market has not just been on a bull run off late, but it has been scaling new highs. The Nifty50, which has crossed the 17,000 level, has witnessed a rise of around 20 per cent since the middle of April when the second wave of Covid-19 wreaked havoc in several parts of the country and lockdowns and curfews were re-imposed.

The BSNL Employees Union has called upon all employees of the state-run telco to protest on Friday against the Centre's asset monetisation plan. In a statement, the employees union alleged that in the name of "National Monetisation Pipeline" (NMP), the government has decided to hand over the national assets at throw away price to the corporates.

Samsung Electronics expanded its lead in the global NAND flash market in the second quarter of the year, a report showed on Thursday, on the back of strong chip demand and price hikes.

Yahoo India has shut its news sites including Yahoo Cricket, Finance, News Entertainment and MAKERS India over the new FDI regulations for digital media ownership.

In yet another reform initiative, the government has now allowed domestic gas producers such as ONGC, OIL, Reliance, and Vedanta to sell a small quantity of their produce, through gas exchanges, for better price discovery. As per an office memorandum of the Petroleum and Natural Gas Ministry, domestic gas producers who have been granted marketing and pricing freedom after recent changes in the policy, will now be permitted to sell 500 million standard cubic metre (MSCM) or 10 per cent of annual production from the contract area through exchanges authorised by downstream regulator PNGRB. "This is a landmark step towards development of the gas markets. Going forward, the gas producers such as ONGC, Oil India Limited, Reliance, Cairn Oil will be able to participate on the IGX platform. We now expect a much better liquidity on the sell side and therefore even more competitive price discovery on the Exchange platform," Indian Gas Exchange Ltd Chief

Daily passenger volume flowing through the Hyderabad International Airport has tripled in two months, the airport operator said on Tuesday. The airport handled more than seven lakh passengers in July. From around 10,000 passengers on June 1, the number of passengers almost tripled and crossed 29,000 on a single day on July 18.

Gillette India on Tuesday reported a 35 per cent rise in its net profit for the year ended June 30, 2021, at Rs 310 crore. The company attributes the rise in sales to strong sales, growth, productivity, and savings. Despite a challenging market environment, the company delivered a strong performance in the fiscal with sales of Rs 2,009 crores, up 20 per cent against the previous year.

Spending on corporate social responsibility (CSR) in India has crossed the Rs 1 lakh crore milestone, just seven years after it was made mandatory, according to an analysis by CRISIL. As much as 40 per cent of this is estimated to have been incurred in the past two fiscals as companies rolled up their sleeves to fight the Covid-19 pandemic that set in towards the fag-end of 2020 fiscal, an analysis by the the ratings agency showed.

Continued sequential recovery has been seen in the auto sector in July 2021, according to India Ratings and Research (Ind-Ra). Ind-Ra believes that the 18 per cent sequential and 4 per cent year-on-year (YoY) increase in the domestic auto sales volumes in July 2021 was led by the continued easing of lockdown restrictions.

Lakshmi Niwas Mittal, the Executive Chairman of ArcelorMittal, the world's largest steelmaking company, met Odisha Chief Minister Naveen Patnaik here on Saturday. The meeting, which was held at the Chief Minister's residence, lasted for an hour. Though neither the Chief Minister nor Mittal made any official

In a bid to avoid long traffic snarls and save ‘man hours being wasted in traffic junctions, Karnataka industries minister, Murugesh R. Nirani said on Friday that the state government was planning to launch unique concept of "Walk-to-work" across the state.

Flipkart Wholesale, the digital B2B marketplace of India's homegrown Flipkart Group, on Thursday announced its plans to more than triple its geographical footprint in the country to close to 2,700 cities, with an aim to make business easier and bring prosperity to lakhs of small businesses and 'kiranas' across India.

British Airways on Tuesday said that it has increased flights between India and the UK. According to the airline, starting August 16, 2021, flight services have been increased from 10 to 20 per week. The airline said that the decision came after the UK government moved India to "amber list" and the Indian government allowed UK carriers to operate additional flights, increasing the weekly cap from 15 to 34 per week.

Apple's use of mini-LED panels in its forthcoming MacBook lineups will catalyse supplier investment and push the entire industry toward adoption of the display technology.Like the 12.9-inch iPad Pro, Apple's upcoming redesigned 14-inch and 16-inch MacBook Pros are expected to feature mini-LED displays. In his latest investor note, seen by MacRumors, analyst Ming-Chi Kuo said this will stoke strategic supplier investment in the technology, which will allow Apple to diversify supply risk and bring down production costs. The redesigned 14 and 16-inch MacBook Pro models due this year are expected to feature next-generation Apple silicon chips, the removal of the Touch Bar, the return of the MagSafe magnetic power cable and an overall new design with a HDMI port and SD card slot.Kuo believes that Apple is already "actively looking for second suppliers of key Mini LED components," and if its mini-LED notebooks receive positive feedback, other notebook makers and their suppliers will inevitably be pushed towards adoption of the technology.

The Indian stock market traded on a flattish note on Monday morning in line with the subdued trade in the Asian markets. However, the Sensex inched marginally higher to touch an all-time high of 55,518.95 points and the Nifty50 on the National Stock Exchange has touched a record high of 16,550.75 points.

Foreign investors can register investment companies in Nepal but under certain strict conditions as per the new rules introduced by the Himalayan nation's government. Foreigners who want to register an investment company in Nepal can bring foreign investments only in the form of share capital, according to the notice published by the Ministry of Industry, Commerce and Supplies.

The Reserve Bank of India had allowed IDFC to exit the IDFC First Bank. In a regulatory filing made to the BSE, IDFC said that the RBI on July 20 clarified that "after the expiry of lock-in period of 5 years, IDFC Limited can exit as the promoter of 'IDFC FIRST Bank Limited'".

The much-anticipated initial public offering (IPO) of Zomato was subscribed over 38 times by the end of the final day of the issue on Friday. According to data on the BSE website, qualified institutional buyers (QIB) subscribed 51.79 times of their earmarked portion. The portion of the non-institutional investors was subscribed 32.96 times. Further, retail investors subscribed 7.45 times of the portion allocated to them. The portion reserved for employees was subscribed 0.62 times. The subscription period for Zomato IPO was available till 5 p.m. on Friday. Bids were received for a total of 2,751.25 crore shares against the total issue size of more than 71.92 crore shares. The largest IPO of the year so far, Zomato opened on Wednesday at Rs 72-76 per share. On Tuesday, the company had said that it has raised Rs 4,196 crore from several prominent institutional investors as part of an anchor book allocation. It has allocated 55.2 crore equity shares to anchor investors, at a price of Rs 76 per share.

Elon Musk has confirmed that the Tesla Cybertruck will be equipped with a 4-wheel directional steering, resulting in a feature similar to the Hummer EV's 'Crab mode'.Over the last year, Musk has been talking about Tesla unveiling an updated version of the Cybertruck ahead of the start of production, which is still officially planned for later this year. Now, the CEO has confirmed that the Tesla Cybertruck is going to have 4-wheel steering, Electrek reported.