Business News 194 – ₹73,000 crore case on McDonald’s,Bangladesh overtakes India,Facebook overtakes Amazon ,Zomato,Microsoft,Tesla,Crypto fall

00:00 Indians invested ₹700 cr in U.S. markets via Stockal in FY 21: Stockal
00:23 I support crypto in battle against fiat currencies: Elon Musk
00:38 Iran uses Bitcoin mining to lessen impact of sanctions: Study
00:58 Economic activity will come back with a vengeance: SBI Chairman
1:58 India’s COVID-19 crisis a warning for low & middle-income nations: IMF
02:29 UK gets 24 new billionaires in pandemic year, biggest rise in 33 yrs
02:38 Microsoft of 2021 very different from 2000: Nadella on Gates’ affair with employee
02:55 Zomato launches vaccine drive for 1.5L frontline staff, employees
03:09 E-comm, logistics firms are paying delivery staff up to 100% more
03:21 Hero MotoCorp to resume production at all its plants from May 24
03:28 Tesla shares record longest weekly losing streak since March 2018
03:46 Facebook overtakes Amazon as top holding among US hedge funds: Report
04:21 80% people want Tokyo Olympics to be postponed or cancelled: Son
04:39 China’s Xi pledges $3 bn pandemic aid for poor nations
04:54 Flipkart kirana partners’ monthly delivery incomes increase by 30%
05:20 States should hold more funds for debt repayments: RBI panel
05:56 SBI employees likely to get an additional 15 days’ pay for FY21
06:08 JSW Steel’s Q4 net profit rises by 2,129% to ₹4,191 crore YoY
06:37 K’taka trade body seeks concessions to reduce impact of lockdown
07:12 Sensex briefly jumps more than 1,000 points, ends 976 points higher at 50,540
07:18 Banks can pursue bankruptcy cases against personal guarantors of firms: SC
07:34 Bangladesh overtakes India in terms of per capita income in FY21: Report
07:51 McDonald’s sued for $10 billion for alleged bias against Black-owned media
08:43 Huawei India to set up 50-bed COVID-19 facility in Gurugram
08:57 Crypto swings may become a threat, warns Norway’s central bank
09:05 Dogecoin jumps after Elon Musk mentions the coin on Twitter
09:34 Medical spends have eroded purchasing power of individuals: ICRA
09:51 Zee Entertainment sees 20% decline in advertising revenue in FY21
10:26 Income Tax return filing deadline for individuals for FY21 extended till Sept 30
10:32 Gautam Adani becomes Asia’s second richest man with $66.5 bn in wealth
10:54 US calls for crypto transfers over $10,000 to be reported to IRS
11:38 Flipkart blatantly violated FDI policy and taxation rules: CAIT
11:48 Alphabet’s self-driving car startup plans to raise $4 bn: Report

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