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Samsung Electronics co-CEO Han Jong-hee passes away
short by Daisy Mowke / on 25 Mar 2025,Tuesday
South Korean tech giant Samsung Electronics said its co-Chief Executive Officer Han Jong-hee has died aged 63 due to cardiac arrest. Han was in charge of Samsung's consumer electronics and mobile devices division, while another co-CEO Jun Young-hyun oversees the chip business. Han died from cardiac arrest while receiving treatment at a hospital during time off, a company spokesperson said.
short by Daisy Mowke / 08:24 am on 25 Mar
ATM cash withdrawals to become costlier as RBI approves fee hike
short by Sakshita Khosla / on 24 Mar 2025,Monday
The Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, making cash withdrawals costlier by ₹2, effective from 1st May, 2025. The fee for financial transactions at ATMs now stands at ₹19. The fee for non-financial transactions at ATMs has also been hiked by ₹1 to ₹7. RBI had previously revised the fees in 2021.
short by Sakshita Khosla / 06:28 pm on 24 Mar
Even as US President Donald Trump signals a tougher trade stance, American companies are expanding their footprint in India. McDonald's is setting up its largest global capability centre outside the US in Hyderabad, joining a growing list of firms investing in tech and talent. While tariffs loom, economic ties appear resilient, with India quietly working toward a trade compromise.
short by / 06:11 pm on 24 Mar
A rise in the market capitalisation of Bombay Stock Exchange (BSE), fuelled by a 4,500-point rise in Sensex, has helped investors earn ₹35 lakh crore so far in March 2025, Moneycontrol reported. Metal stocks are among the top-performing stocks, gaining nearly 13%, with realty and pharma stocks rising nearly 10% each. Meanwhile, bank and automobile stocks have risen 7% each.
short by Ashley Paul / 07:57 pm on 24 Mar
Bengaluru-based AgWise is revolutionising Indian farming with its AI-powered, solar-driven irrigation system. Founded in 2017, the startup helps farmers cut water use by 60% and fertilisers by 50%. As agritech booms across India, AgWise's tech-driven, farmer-first approach showcases how innovation can combat climate change and ensure sustainable agriculture.
short by / 10:15 pm on 24 Mar
US President Donald Trump imposed 25% tariffs on countries importing oil from Venezuela, a punitive measure for Venezuela's "hostile" nature towards US. The tariffs could hit India, which imported 22 million barrels of Venezuelan oil in 2024 alone, making up 1.5% of India's total crude oil purchases. Thus, the tariffs might force India to diversify its crude oil purchases.
short by Ashley Paul / 08:22 am on 25 Mar
In a wide-ranging conversation, DBS Bank CEO Piyush Gupta reflects on how technology has evolved from growth tool to a defence mechanism. As deepfakes and digital fraud rise, Gupta discusses the need to use AI and machine learning not just to improve banking, but to safeguard it. He also traces DBS's early digital steps and the challenges of staying ahead.
short by / 05:33 pm on 24 Mar
Oracle has launched its AI Agent Studio for Fusion Applications, a tool designed to help businesses create, customise, and manage AI agents. It is part of Oracle Fusion Cloud Applications Suite, and like every other AI agent, it also aims to enhance automation and boost productivity across enterprises.
short by / 07:21 pm on 24 Mar
The Oracle Cloud data breach incident has taken a new turn. The Cybersecurity firm CloudSEK has unveiled evidence confirming the exposure of sensitive enterprise data via Oracle Cloud production Single Sign-On (SSO) endpoints. This contradicts Oracle’s denial of any breach, especially as a threat actor claims to be selling 6 million allegedly stolen records.
short by / 08:30 pm on 24 Mar
Work-life balance means working on someone else's dream: Will.i.am
short by Dharini Mudgal / on 24 Mar 2025,Monday
American rapper and entrepreneur Will.i.am recently spoke about work-life balance and said, "Work-life balance means that you’re working for somebody else’s dream." "If you’re trying to build something that doesn't exist, it's about dream-reality balance," he told Fortune. "If it’s dream-reality balance, then it’s not work. It’s a dream that you’re trying to put into reality," he added.
short by Dharini Mudgal / 08:39 pm on 24 Mar
EaseMyTrip has secured board approval to acquire a 49% stake in Big Charter Pvt Ltd, marking its foray into the growing charter aviation sector. This move enhances its travel services, focusing on flexible air travel for corporate clients and Tier-2 cities. The deal positions EaseMyTrip in the high-margin non-scheduled aviation segment amid rising demand for premium travel.
short by / 10:35 pm on 24 Mar
Apna Mart raised ₹214.5 crore from Fundamentum, Accel, and others. The funding includes equity and debt. The company operates quick commerce and franchise stores in Tier II and III cities. The funds will support expansion and strengthen its position against competitors like Blinkit, Swiggy Instamart, and Zepto.
short by / 07:24 pm on 24 Mar
The Karnataka Electricity Regulatory Commission (KERC) has proposed new tariffs and norms for solar projects in FY26, covering both ground-mounted and rooftop systems. Tariffs range from ₹2.25 to ₹5.66 per unit based on project type and subsidy. The move aims to boost adoption amid low SRTPV participation and address financial and operational barriers.
short by / 05:36 pm on 24 Mar
Unicommerce eSolutions has completed the acquisition of the remaining 57.24 per cent stake in courier aggregation platform Shipway Technology. On December 17, last year, the company had acquired a 42.76 per cent stake in Shipway Technology for a value of ₹68.4 crore. With this acquisition, Shipway will become a wholly owned subsidiary of Unicommerce eSolutions.
short by / 08:37 pm on 24 Mar
Any country buying oil from Venezuela will face a 25% tariff: Trump
short by Ankush Verma / on 24 Mar 2025,Monday
US President Donald Trump on Monday said, "Any country that purchases oil and/or gas from Venezuela will be forced to pay a tariff of 25% to the US on any trade they do with our country." "Venezuela has been very hostile to US," he added. Trump claimed Venezuela "purposefully and deceitfully" sent criminals to US.
short by Ankush Verma / 09:18 pm on 24 Mar
Govt appoints Ajay Seth as India's new Finance Secretary
short by Dharini Mudgal / on 24 Mar 2025,Monday
The government has named Ajay Seth, a senior bureaucrat and 1987-batch Indian Administrative Service (IAS) officer, India's new Finance Secretary. The appointment was confirmed through an official order issued by the Ministry of Personnel on Monday. The post had been vacant after the appointment of Tuhin Kanta Pandey as the Chairman of the Securities and Exchange Board of India (SEBI).
short by Dharini Mudgal / 08:31 pm on 24 Mar
Bengaluru-based 16VC's Founder Sridhar A faced backlash for an unpaid job's advertisement he posted on LinkedIn. "If someone isn't A-player, we part ways quickly...We work/text on weekends and at night. It's okay to send a message at 3 am," he said, adding that applicants need to be shameless. "Create something massive for free. You're a clown," a LinkedIn user said.
short by Ashley Paul / 09:56 am on 25 Mar
Adani Group loses ₹3.4 lakh crore in market cap in FY25: Report
short by Dharini Mudgal / on 24 Mar 2025,Monday
The combined market capitalisation of Adani Group stocks has plunged 21% in FY25 as compared to the previous year, according to an Economic Times report. A total of ₹3.4 lakh crore has been wiped out in market cap due to market fluctuations, regulatory scrutiny, and allegations of financial misconduct, the report said. Adani Green Energy reportedly suffered the largest decline.
short by Dharini Mudgal / 05:59 pm on 24 Mar
What are the outcomes of today's SEBI meeting?
short by Dharini Mudgal / on 24 Mar 2025,Monday
The Securities and Exchange Board of India (SEBI) has approved a proposal to increase the threshold for FPI disclosure to ₹50,000 crore from ₹25,000 crore. The regulator will also set up a committee to review the provisions related to the conflict of interest of officials. The high-level committee will review provisions related to the disclosure related properties, investments and liabilities.
short by Dharini Mudgal / 10:35 pm on 24 Mar
Govt proposes to remove 6% 'Google tax' from April 1
short by Mansi Agarwal / on 25 Mar 2025,Tuesday
The Centre has proposed to remove the 6% equalisation levy on online ad services offered by companies like Google and Meta from April 1. The proposal to remove the levy, widely known as the 'Google tax', is part of the Finance Bill 2025. The move comes amid US President Donald Trump planning to impose retaliatory tariffs on multiple countries.
short by Mansi Agarwal / 08:49 am on 25 Mar
Classic case of patchwork: Shashi Tharoor on Finance Bill in LS
short by Subhangi Singh / on 25 Mar 2025,Tuesday
Addressing the debate on Finance Bill in Lok Sabha, Congress MP Shashi Tharoor said people of India deserved decisive action and forward-thinking policies, yet their aspirations have been set aside. He also called it a "classic case of patchwork" solutions. Finance Minister Nirmala Sitharaman presented the Bill, which is a crucial part of Union Budget, in Lok Sabha on Monday.
short by Subhangi Singh / 08:29 am on 25 Mar
In contact with family: Tech Mahindra on techie detained in Qatar
short by Dharini Mudgal / on 24 Mar 2025,Monday
Amit Gupta, the region head of Qatar and Kuwait at Tech Mahindra, has been detained by the Qatari State Security in Doha since January, his family said. Gupta was detained on charges of data theft, reports said. A Tech Mahindra spokesperson said, "We remain in close contact with the family, providing necessary support to them...Ensuring...wellbeing of our colleague is...top priority."
short by Dharini Mudgal / 06:25 pm on 24 Mar
Ex-SL Prez Ranil blames Prez Anura for failing to secure Adani project
short by Vaishnavi Mishra / on 24 Mar 2025,Monday
Sri Lanka's former President Ranil Wickremesinghe criticised President Anura Kumara Dissanayake-led government for failing to secure a Renewable Energy Project in Mannar with Adani. "I explored many avenues for economic cooperation with India. Regrettably, current government has failed to pursue the Adani renewable project," he said. "This would adversely affect all Indian investments," he added.
short by Vaishnavi Mishra / 06:56 pm on 24 Mar
SEBI creates committee for review of conflict of interest norms
short by Bhawana Chaudhary / on 24 Mar 2025,Monday
SEBI's new Chairman Tuhin Kanta Pandey announced that the market regulator has set up a conflict of interest committee. Pandey said the committee was being formed because the conflict of interests code for members of the board was adopted in 2008 and there was a need for review. Former SEBI Chairperson Madhabi Puri Buch had faced conflict of interest allegations.
short by Bhawana Chaudhary / 09:07 pm on 24 Mar
CBI names Nirav Modi's sister as accused in PNB scam chargesheet
short by Pravel Jain / on 24 Mar 2025,Monday
The CBI filed a supplementary chargesheet on Monday in the multi-million dollar PNB scam, naming Nirav Modi's sister, Purvi Mehta, a Belgian citizen, as an accused. Mehta is allegedly one of the beneficiaries of the funds received through Letters of Undertaking (LOUs) obtained from PNB. Firestar Group of Companies' official Aditya Nanavati has also been named in the chargesheet.
short by Pravel Jain / 10:49 pm on 24 Mar
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