Tinder co-founders file a $2-billion lawsuit against dating app’s owners

The complainants allege that Tinder’s parent companies ‘consistently falsified financial information’ to deny them billions of dollars.

Scroll Staff

· Yesterday · 02:55 pm

Movie exhibitor PVR to acquire South India-based SPI Cinemas for Rs 633 crore

After the acquisition, which is expected to be completed within a year, the company’s screen count will increase to 706 across 60 cities.

Scroll Staff

· Aug 12, 2018 · 08:47 pm

Coal India reports over 60% rise in profits in April-June quarter

The consolidated net profit of the state-owned company was Rs 3,786.4 crore during the first quarter of 2018-’19.

Scroll Staff

· Aug 11, 2018 · 07:35 pm

Elon Musk faces lawsuits for ‘misleading’ tweets that surged Tesla’s stock price

On August 7, Musk had announced that he was considering taking Tesla off the stock exchanges and that funding was ‘secured’.

Scroll Staff

· Aug 11, 2018 · 06:56 pm

State Bank of India reports loss for third straight quarter in April-June

The bank reported a loss of Rs 4,876 crore in the quarter as its bad loans continued to surge.

Scroll Staff

· Aug 10, 2018 · 04:14 pm

‘We have a long-term commitment to the country’: IKEA launches its first store in India

The Swedish home furnishing giant plans to set up 25 stores across India by 2025.

Scroll Staff

· Aug 09, 2018 · 11:38 am

RBI to pay government Rs 50,000 crore as dividend for financial year ending June 2018

The central bank had paid Rs 30,659 crore, about 63% lesser, in 2017.

Scroll Staff

· Aug 08, 2018 · 09:43 pm

Incentives for digital payments via RuPay, Bhim app to be rolled out on pilot basis: Piyush Goyal

The GST Council has decided to set up a Group of Ministers to address problems faced by the Micro, Small and Medium Enterprises sector.

Scroll Staff

· Aug 05, 2018 · 10:12 am

Apple becomes world’s first private sector company worth $1 trillion

The technology giant is now worth more than the economies of countries such as Saudi Arabia, Switzerland and Taiwan.

Scroll Staff

· Aug 02, 2018 · 10:05 pm

Cabinet approves LIC’s acquisition plan of 51% stake in IDBI Bank

The government’s stake in the bank will reduce to 45% after the deal.

Scroll Staff

· Aug 02, 2018 · 12:07 pm

RBI hikes repo rates by 25 basis points for second time in a row

The repo rate now stands at 6.5%, while the reverse repo rate is at 6.25%.

Scroll Staff

· Aug 01, 2018 · 02:51 pm

ICICI Bank posts net loss of Rs 120 crore in first quarter

The gross non-performing assets rose to 8.81% of the gross bad loans at the end of June, as against 8.84% at the end of the previous quarter.

Scroll Staff

· Jul 27, 2018 · 09:30 pm