BUSINESS

Wrong quote attributed to Ratan Tata again; Fact Check

Recently a post on industrialist Ratan Tata is making rounds with a quote attributed to him. It reads: “I don’t believe in taking right decisions, I take decisions, then make them right – Great lines by Ratan Tata.” It further advised, “So we should learn from these lines and make a template for us while doing anything in a right ...

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White supremacists behind sudden surge in Gamestop shares? Fact Check

The markets all over the world saw one of the worst nightmares when a smallcap Gamestop share reached its peak at 1600% higher close on the buying spree mounted by a Reddit group WallStreetBets. Aimed at hege funds, the group maneouvred to bring a steep valuation to the GameStop stock in New York Stock Exchange in the last week of ...

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Fact check: ‘Spoofed’ online banking message on nominee spreading

Banking scams are on rise in India with the latest one being when you add a beneficiary or nominee to your bank or fixed deposit account. An SMS message is received by many that says, “Dear customer, you recently added a nominee to your account XXXXX. You will be able to send funds to this nominee after 30 mins”. The ...

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Fact Check: No, Sony and its PlayStation never acquired by Microsoft as claimed on ‘Dec 28’

A Spanish website devoted to Hispanics has put out a breaking news on December 28, 2020 claiming that the global tech giant Microsoft has acquired the Japanese conglomerate Sony for $130 billion, including all its affiliated businesses and PlayStation as well. The headline read: “Microsoft acquires Sony with all its divisions, including PlayStation.” The article went on to describe the ...

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Is Mitron, new rival to Tik Tok, really an Indian made app? Fact Check

The tension on the border of India and China has trickled down to its citizens. Many posts and videos have emerged on social media asking citizens to boycott Chinese products and it has been endorsed by many celebrities and political leaders. As a part of this campaign to shun Chinese products, people took to uninstalling Chinese developed apps from their ...

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