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Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan

In the Chinese e-commerce giant#39;s latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in Cainiao, said it was offering to acquire the remaining stock.

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Vodafone Germany to cut 2,000 jobs in revamp

The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.

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Vodafone Germany to cut 2,000 jobs in revamp

The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.

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News

Debt-free companies: These MNC capital goods stocks have shone in 2024 so far

Cummins India shares have gained by 50 percent on a YTD basis while in the one-year period, they have shot up by 85 percent.

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Apple to hold Worldwide Developers Conference from June 10

The event, which will be available online, will highlight updates to the software powering iPhones, iPads and other Apple devices, the company said. Some developers and students will be invited in-person at Apple Park on the opening day, it added.

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Dow, SP fall for third straight session with inflation data eyed

Stocks struggled for upward momentum even as Tesla gained 2.92% after CEO Elon Musk unveiled the electric-vehicle maker#39;s one-month trial of its Full Self-Driving technology to existing and new customers in the United States.

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8th pay commission: Discussions with employee groups, stakeholders ongoing — Check meeting dates in July 2026 here
The 8th pay commission is engaged in discussions with employee representatives to formulate pay recommendations, which will impact around 50 lakh central government employees and 65 lakh retired pensioners.
How SCSS helps senior citizens earn a ₹20,500 monthly income from ₹30 lakh savings
Secure your retirement with SCSS, a government-backed savings scheme offering stable income for senior citizens. This article explains how a ₹30 lakh investment can generate around ₹20,500 monthly income with safety, tax benefits and predictable returns.
Dearness Allowance: Teachers' bodies in West Bengal welcome 20% DA hike, want another increase this year — What we know
West Bengal has announced a 20% hike in dearness allowance for state employees and pensioners, raising it to 38% effective October 1. Teachers' organizations welcomed the decision but urged faster implementation and clearance of remaining dues.
The RBI just published a list of the tricks your bank plays on you
New directions on product marketing and sales highlight practices such as bundling and hidden opt-outs, while formalizing safeguards against mis-selling.
Bank holiday next week: SBI, HDFC, others closed for only one day between 29 June and 5 July; check here
UPI and bank apps allow 24/7 transactions. Banks close on specific Sundays and Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules. 
Mumbai couple makes ₹2.2 lakh a month yet can't save: Expert explains what they could do differently
A Mumbai couple earning ₹2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans. 
Micron surged 700% in a year: Is it too late to buy? How much should you allocate | What Indian investors need to know
Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.
₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'
He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.
How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors
SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.
Section 80C: Which small savings schemes qualify for tax deduction and which don't?
Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.