Netflix global subscriber count crosses 200 million : Bulletin: Business Today
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Netflix global subscriber count crosses 200 million

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Rashi Bisaria | January 20, 2021

India's oil imports reach 3-year high in Dec 2020 at 5 million bpd

India's crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day (bpd) as its refiners cranked up output to meet a rebound in fuel demand, data from trade sources showed. India's year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accelerating de-stocking of floating storage globally.

SC upholds 100-homebuyer threshold for insolvency application against realtors

The Supreme Court has dismissed the homebuyers' plea against the threshold introduced in the Insolvency and Bankruptcy Code (IBC) for them to file insolvency application against a real estate company. The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project.

Tata Trusts B2B app to let businesses buy directly from artisans

Tata Trusts, through its craft-based livelihood programme Antaran, will launch a mobile app and website Craft Xchange to enable retailers, designers, boutiques buy directly from the artisans across the country.

Joe Biden's inaugural speech to be built around theme of unity

Joe Biden, in his maiden address to the nation soon after being sworn in as the 46th President of the United States, would deliver a forward-looking speech built around the theme of unity, advisors close to the President-elect said. According to the advisors, in his first moments after being sworn in as the 46th President of the United States by Chief Justice John Roberts after the clock strikes 12 noon (local time) at the West Front of the Capitol, Biden will speak about the need to bring the country together during an unprecedented moment of crisis.

Netflix global subscriber count crosses 200 million; forecasts an end to borrowing

Netflix Inc said on Tuesday its global subscriber rolls crossed 200 million at the end of 2020 and projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies. Shares of Netflix rose nearly 13% in extended trading as the financial milestone validated the company's strategy of going into debt to take on big Hollywood studios with a flood of its own programming in multiple languages.

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