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US stocks open lower as inflation surprise, oil tops $100
US stocks dropped Thursday as August producer prices fueled rate hike fears. Rising Middle East tensions pushed oil above $100, intensifying inflation and market worries.
Brent crude tops $105 amid United States and Iran tensions
Brent crude surged past $105 a barrel as renewed US-Iran fighting and Saudi Arabia's sharp production drop heightened concerns over global energy supply disruptions.
Martin Wolf urges India to partner with China in manufacturing
India must engage with China to build a robust manufacturing sector, says Martin Wolf, citing China's dominant global manufacturing position as unavoidable.
SEBI to tweak derivatives closing price calculations, chairman acknowledges bumps
SEBI is revising the method for determining derivatives' closing prices on expiry days after liquidity concerns arose with the Closing Auction Session (CAS) mechanism rollout.
Citi launches eFPI@Citi for 5-business-day FPI India registrations in Mumbai
Citi has introduced eFPI@Citi, a digital solution reducing foreign portfolio investor registration in India to five business days, simplifying market entry for global investors.
Avisirah Technologies secures 75cr from Syndicate Finance for AI center
Avisirah Technologies has obtained ₹75 crore from Syndicate Finance to advance its Navi Mumbai AI-focused data centre, following a prior ₹50 crore loan in May 2025.
Indian rupee slips 3rd day to 95.44 per US dollar
The Indian rupee fell 0.35% to 95.44 against the US dollar as rising Brent crude prices and foreign equity outflows pressured the currency for a third consecutive day.
Labor Department: US jobless claims fell to 206,000 last week
Unemployment claims dipped to 206,000 last week, reflecting historically low layoffs as businesses remain cautious due to past labor shortages and economic pressures.
Pam Kaur to step down as HSBC CFO by 2027
Pam Kaur, HSBC's first female Chief Financial Officer, will step down in 2027 after supporting CEO Georges Elhedery's restructuring efforts, prompting a search for her successor.
SEBI launches Demat 2.0 pilot for tokenized corporate bonds
SEBI has initiated a pilot project for tokenised corporate bonds under Demat 2.0, with three issuers already testing the system using distributed ledger technology.
Department of Consumer Affairs updates e-commerce rules January 1, 2027
The government has amended e-commerce rules, introducing stricter safeguards on search results, pricing transparency, consumer complaints, and seller disclosures.
Bending Spoons to buy Miro for $1.36B cash, valued $1.79B
Italian tech firm Bending Spoons will acquire workplace-collaboration platform Miro in an all-cash deal valued at $1.36 billion, with the transaction expected to close by Q4.
SEBI to adopt IOSCO AI toolkit for India's securities oversight
SEBI is implementing IOSCO's AI supervisory toolkit to enhance predictive regulation, leveraging data analytics for early risk identification in the securities market.
Brent crude reaches $104 as Trump warns of US-Iran standoff
Brent crude oil reached $104 per barrel, driven by escalating Iran-US conflict and reduced Saudi output, sparking fears of prolonged energy-driven inflation globally.
OPEC cuts 2026 oil demand growth forecast to 380,000 bpd
OPEC has reduced its 2026 oil demand growth projection to 380,000 barrels daily, marking the fifth consecutive downward revision, while forecasting higher demand growth for 2027.
RBI Governor Sanjay Malhotra warns fintechs trust must underpin innovation
RBI Governor Sanjay Malhotra emphasized at GFF 2026 that fintechs must treat consumer data as a fiduciary responsibility, prioritizing trust over monetization.
Muthoot Finance gold-loan conversion rises 150% after Blue Machines AI
Muthoot Finance, using Blue Machines AI, achieved a 150% boost in branch visit conversions and expanded its geographic reach to over 19,000 PIN codes across India.
Jio launches JioFinance+ and JioFinance360 on JioFinance app today
Jio Finance Platform and Service Limited introduced JioFinance+ and JioFinance360, offering value-back rewards and a comprehensive financial health dashboard for users.
CTO Sandhya Arun says Wipro AI matches 20,000, staff redeployed
Wipro's AI initiatives have achieved productivity equivalent to 20,000 employees, with no layoffs as staff are redeployed internally and over 100,000 trained in advanced AI skills.
Vy Capital joins $3B round for The Boring Company
Dubai-based Vy Capital, a discreet investor with over $40 billion in Musk ventures, joins Boring Co.'s $3 billion Series D round alongside UAE royal-linked entities.
UBS India: IT firms to seek M&A for AI skills
Indian IT firms are likely to increase mergers and acquisitions as enterprise AI projects transition from pilot phases to full-scale production.
NSE cuts IPO valuation to $47bn amid investor regulatory concerns
Global investors have urged NSE to lower its $55 billion IPO valuation, citing concerns over regulatory scrutiny and sustainability of growth in derivatives trading.
Vivek Aggarwal urges fintech to invest against AI crypto misuse
FATF vice-president Vivek Aggarwal emphasized at GFF 2026 the need for increased fintech investments to counter AI and other emerging technological threats.
Karamtara Engineering IPO oversubscribed 2.75 times, GMP suggests ₹321
Karamtara Engineering's ₹875 crore IPO has been subscribed 2.75 times, with a grey market premium of ₹67 indicating a potential 26% listing gain over the upper price band of ₹254.
Global Fintech Fest 2026: Nandan Nilekani urges tokenization for millions
Nandan Nilekani emphasizes scaling tokenisation to serve millions, while highlighting AI's role in reshaping work and fostering entrepreneurship-driven job creation.
Federal Bank, Paisabazaar launch Paisaback card with 7.5% grocery cashback
Federal Bank and Paisabazaar have introduced a co-branded RuPay credit card offering 7.5% cashback on eligible grocery purchases, with an overall monthly cashback cap of ₹1,000.
PayU launches Agent HQ to bring AI to Indian SMBs
PayU introduced Agent HQ, an AI-powered platform enabling Indian SMBs to streamline operations and enhance product discoverability, unveiled during the Global Fintech Fest 2026.
Nandan Nilekani pitches 'Finternet' to tokenize farm assets in Mumbai
Nandan Nilekani envisions a population-scale Finternet, leveraging tokenisation and AI to transform real-world assets like cows and crops into digital financial tools.
Indian Sensex and Nifty end losing streak after late buying
Indian equity indices ended higher on September 10, with Nifty closing above 23,400 and Sensex gaining 138 points amid rangebound trade driven by late-session buying.
Uranium prices near $90 as Google, Fortum back Loviisa extension
Uranium prices have soared to their highest levels in years, fueled by rising energy demands from data centers and a global shift toward nuclear power for energy security.
Bitcoin falls to $77,986.36 amid broader crypto market weakness
Bitcoin hovers around $78,000 after a 2% drop in 24 hours, while memecoins and small-cap tokens lead broader declines across the cryptocurrency market.
Indian markets rebound as Sensex ends at 74,902.59 amid volatility
The Sensex surged 138 points to close at 74,902.59 after a volatile session, while Nifty ended above 23,450 as gains in banking and power stocks offset sectoral weaknesses.
Sonaselection India launches IPO at ₹94-₹99 aiming to raise ₹141.6cr
Sonaselection India Ltd has set a price band of ₹94-99 per share for its ₹141.6-crore IPO, opening on September 17 and closing on September 21.
Mastercard, City Union Bank launch One Credential in India
Mastercard and City Union Bank have launched a pilot in India for One Credential, enabling users to link multiple payment accounts to a single tokenised credential.
BharatPe unveils 'BharatPe Flex' UPI credit at Global Fintech Fest
BharatPe introduced BharatPe Flex at Global Fintech Fest 2026, enabling users to access credit up to ₹60,000 for seamless UPI merchant payments with flexible repayment options.
Markets cautious as Bitcoin nears $78,300 ahead of US inflation
Bitcoin remains steady near $78,000 as traders navigate heightened geopolitical tensions and await key US inflation data, influencing Federal Reserve rate hike expectations.
Bank of Maharashtra, ScoreMe Solutions team up for AI lending
Bank of Maharashtra partners with ScoreMe to enhance digital lending, deploying AI and ML for MSME underwriting, customer lifecycle management, and omnichannel loan journeys.
European shares make small comeback as markets await ECB, Lagarde
European shares inched higher after a sharp drop, as investors awaited the ECB's expected rate hike and President Lagarde's insights on inflation amid surging oil prices.
OpenAI appoints AI risk researcher amid criticism over safety protocols
OpenAI has announced the appointment of Paul Christiano, a prominent AI researcher known for his concerns about the potential dangers of artificial intelligence (AI), to OpenAI Foundation board.
RBI extends merchant re-KYC deadline to March 15, 2027
The Reserve Bank of India has granted payment aggregators a six-month extension from the September 15 deadline to complete merchants' re-KYC, Pine Labs revealed at GFF 2026.
UPI in US? Zelle bridge could ease payments for NRIs
Bank of America (BofA) is working on a pilot project to connect Zelle, a US-based digital payment platform, with India's Unified Payments Interface (UPI).
Nandan Nilekani urges small businesses lead job creation amid AI
Nandan Nilekani, at Global Fintech Fest 2026, highlighted that fostering millions of small businesses is crucial for job creation and safeguarding roles from AI automation.
Nandan Nilekani unveils 3 tokenization pilots to ease crypto concerns
At Global Fintech Fest 2026, Nandan Nilekani introduced three innovative tokenisation pilots, showcasing applications in dairy, warehouse receipts, and asset securitisation.
Theater, homegrown fashion brand, raises 75cr Series A, valued 410cr
Theater, a fast-growing fashion brand, secured ₹75 crore in a Series A round led by Niveshaay, valuing the company at ₹410 crore post-money.
Adani Airport Holdings raises ₹9,825cr to fund Indian airport upgrades
Adani Airport Holdings raises ₹9,825 crore from Alpha Wave Global, Premji Invest, Temasek, and BlackRock at an $18 billion valuation to fund expansion and modernization.
Perfios CEO at Global Fintech Fest 2026 urges human oversight
The BFSI sector remains conservative in adopting complete automation, with Perfios Group CEO emphasizing the enduring need for human oversight despite technological advancements.
Motilal Oswal maintains buy rating on Coforge, sets ₹2,200 target
Motilal Oswal maintains a BUY rating on Coforge, valuing it at 29x FY28E EPS with a target price of Rs 2,200, indicating a potential upside of 19%.
Hindustan Unilever repositions Horlicks aiming at ₹7,000cr mainstream protein market
Hindustan Unilever (HUL) is repositioning Horlicks as a lifestyle nutrition brand, entering the ₹7,000-crore protein market to cater to diverse consumer needs.
SBI receives $10.9 billion forex boost but MCLR remains locked
Despite a $136 billion forex deposit surge, SBI Chairman CS Setty states that lending rates are unlikely to drop soon due to limited scope for reducing MCLR.
ECB expected to raise euro zone rates to 2.50% Thursday
The European Central Bank is expected to raise interest rates to 2.50% as soaring energy prices, driven by the Iran war, heighten inflation fears across the euro zone.
SBI to deploy $127.23bn RBI USD-INR swap liquidity for lending
State Bank of India projects a 3-4 month timeline for deploying FCNR liquidity while advancing agentic AI adoption to enhance efficiency, personalization, and risk management.
India's UPI to link with Zelle to simplify US remittances
India's UPI may soon integrate with the US's Zelle, simplifying cross-border transactions for NRIs and professionals, as Bank of America pilots this groundbreaking initiative.
SIP investments hit record ₹32,297cr in August
Mutual fund Systematic Investment Plan (SIP) inflows have hit a new high of ₹32,297 crore in August 2026.
MSD opens 250,000-square-foot Hitec City tech center for global health
MSD has launched a 2.5 lakh sq ft technology centre in Hyderabad, enhancing its global digital, AI, and engineering capabilities to support healthcare innovation.
BIS general manager warns AI complicates measuring growth and rates
AI-driven changes are increasing uncertainty in estimating key economic variables like potential output and natural interest rates, says BIS chief Pablo Hernández de Cos.
Edelweiss Mutual Fund launches Altiva Equity Long-Short Fund, ₹10L minimum
Edelweiss Mutual Fund’s Altiva SIF has introduced the Altiva Equity Long-Short Fund, an open-ended strategy targeting long-term capital growth through equity investments.
Irina Ghose says AI helps firms solve complex problems
Frontier AI models, like Claude, excel in addressing complex, unexplored problems, unlocking significant value in sectors such as healthcare and banking, says Anthropic India MD.
Musk's tunnel-digging venture secures major funding at $23B valuation
Elon Musk's tunnel construction venture, The Boring Company, has secured $3 billion in a fresh funding round. The investment values the company at an impressive $23 billion.
India's BRICS trade gap triples to $226.1bn in fiscal 2026
India's trade with BRICS nations surged to $417.5 billion in FY2026, but imports outpaced exports, tripling the trade deficit to $226.1 billion compared to FY2021 levels.
Sony Pictures Networks India appoints Amit Mehta as CHRO
Amit Mehta has been named Chief Human Resources Officer at Sony Pictures Networks India, succeeding Manu Wadhwa. He brings extensive experience from upGrad and Hindustan Unilever.
Motilal Oswal keeps Lenskart buy, sets ₹800 price target
Motilal Oswal recommends a BUY rating for Lenskart, citing robust earnings momentum, strong store economics, and significant growth potential with a target price of Rs 800 by FY29.
LCC Projects IPO fully subscribed ₹139-₹146, GMP ₹50 hints 34%
The ₹427 crore LCC Projects IPO has been fully subscribed by the second day, with a Grey Market Premium (GMP) indicating potential listing gains of 30-34%.
US probes NVIDIA's $20B Groq deal over antitrust concerns
The US Department of Justice (DOJ) is looking into NVIDIA's $20 billion licensing deal with AI chip start-up Groq Inc.
Cochin Shipyard to invest ₹920 cr in Vadinar repair hub
Cochin Shipyard Ltd (CSL) is enhancing its ship repair and building infrastructure with new facilities in Kochi and Vadinar, alongside investments in green energy initiatives.
Stage seeks $25 million to enter 8 languages and fund AI
Stage plans to raise $25 million in Series C funding to expand into eight new language markets and invest in AI-driven content production, targeting 14 markets by 2027.
Qualcomm launches affordable all-in-one payment device for small Indian shops
Qualcomm has unveiled an affordable all-in-one payments device for small merchants, combining POS, dynamic QR codes, and soundbox functionalities.
Mutual fund SIPs record ₹32,297cr in August, 14% YoY
Mutual fund SIP inflows reached a record Rs 32,297 crore in August, marking a marginal month-on-month rise from Rs 31,961 crore in July and a 14% year-on-year increase.
India launches platform linking exporters with US buyers aiming $500B
India launches an online platform to connect exporters with US buyers, aiming to double bilateral trade to $500 billion by 2030 amidst ongoing tariff disputes.
Molbio Diagnostics jumps 20% to ₹1,509.70, nearly 87% above IPO
Molbio Diagnostics shares hit a 20% upper circuit on September 10, soaring 87% from its IPO price of ₹807, driven by robust Q1 FY27 performance and rising Truenat test-kit demand.
Mutual fund equity inflows hit ₹29,328.62 cr in August
Equity mutual fund inflows surged 19% to Rs 29,329 crore in August, recovering from July's dip, while debt funds saw a sharp reversal with Rs 8,127 crore outflows.
Reeju Datta warns AI could breach India's financial data rules
India’s data-localisation rules may face scrutiny as AI agents transact for consumers, storing card credentials abroad, Cashfree cofounder Reeju Datta highlighted.
Yotta Data Services plans more than $12B NVIDIA GPU investment
Yotta Data Services will install 40,000 NVIDIA Vera Rubin GPUs at its upcoming 120 MW data centre in Greater Noida, contributing to a $12 billion investment across two facilities.
Challa Sreenivasulu Setty urges 'Know Your Agent' for AI
State Bank of India chairman Challa Sreenivasulu Setty emphasized the need for a "Know Your Agent" framework as agentic AI begins executing financial transactions autonomously.
Michael Dell overtakes Jeff Bezos to become world's 3rd-richest person
Michael Dell, the founder of Dell Technologies, has surpassed Amazon's Jeff Bezos to become the world's third-richest person.
CLSA India says AI cuts IT services prices, slows growth
AI adoption is causing significant pricing deflation in IT services, with large deals seeing 10-15% cuts and some long-term contracts facing reductions of up to 40%, says CLSA.
NVIDIA partners with Australian firms to add up to 2GW
Nvidia aims to double Australia's computing capacity by 2027, collaborating with local firms to develop up to 2 GW of AI-related infrastructure using its DSX platform.
Vedanta Aluminium teams with OpenAI, Microsoft, SAP for AI automation
Vedanta Aluminium partners with V-Spark and global tech leaders to deploy AI-driven solutions, aiming to unlock Rs 2,100 crore value across operations.
The Boring Company raises $3B and reaches $23B valuation
The Boring Company secured $3 billion in funding, led by UAE investors, to expand underground infrastructure projects, including the Dubai Loop and U.S. Loop networks.
Revolut India CEO urges rethink of AI job cuts
Revolut India CEO Paroma Chatterjee emphasizes integrating AI into processes before hiring, advocating for targeted job creation over workforce downsizing in the age of automation.
Louis Vuitton sales plunge in China after suing Molly Tea
A trademark dispute with Chinese tea brand Molly Tea over logo similarities triggered a patriotic backlash, leading to a significant decline in Louis Vuitton's sales in China.
Rentomojo IPO subscriptions hit 1.97x on 1st bidding day
Rentomojo's Rs 1,256 crore IPO was subscribed 1.97X on the first day, with non-institutional investors leading demand at 3.87X subscription. The issue closes on September 11.
Pablo Hernandez de Cos cautions AI could shake global finance
The Bank for International Settlements warns that the rapid rise in AI investments, exceeding $1 trillion by 2026, could create significant financial vulnerabilities globally.
SBI chairman Challa Sreenivasulu Setty urges 100% accurate financial AI
SBI Chairman Challa Sreenivasulu Setty emphasized the need for 100% accuracy, accountability, and unbiased access as banks adopt autonomous AI systems in financial services.
Public sector bank workers plan strikes over paused PLI scheme
Public sector bank employees are striking on September 11, citing unresolved demands like a five-day workweek, despite the government pausing the contentious PLI scheme.
India's government bonds hit as US yields and oil rise
Indian government bonds weakened as surging U.S. Treasury yields and crude prices above $100/barrel stoked inflation concerns, straining finances and souring market sentiment.
HCL Tech drops 1.5% as Citi keeps sell, targets ₹1,110
HCL Technologies shares dropped 1.5% on Thursday after Citi retained its 'sell' rating, citing valuation concerns despite advancements in AI and data-centre opportunities.
Prasol Chemicals IPO oversubscribed with retail portion 1.22 times
Prasol Chemicals' Rs 500-crore IPO was subscribed 1.19 times by September 10, driven by retail investors, while shares traded at a 1% premium in the grey market.
Ola Electric stock jumps 7% to ₹39.50 after dealer rollout
Ola Electric shares jumped 7% to Rs 39.50 on Thursday, driven by value buying after a three-session decline and the launch of dealer-operated stores across key regional markets.
MobiKwik enables buying and sending 6 foreign currencies in-app
MobiKwik now supports six currencies for digital foreign exchange, enabling users to manage overseas travel, education, and remittance needs seamlessly through its app.
Canada hosts 1st investment summit in Toronto with Indian firms
Two Indian firms, including National Investment and Infrastructure Fund Limited, will participate in Canada's inaugural investment summit hosted by PM Mark Carney next week.
Could a researcher's warning derail Anthropic's IPO plans?
Jacob Coxon, former researcher at Anthropic, has issued a dire warning about the potential dangers of artificial intelligence (AI) technology following his departure.
US Department of Justice scrutinizes NVIDIA $20B Groq licensing deal
The Justice Department is investigating whether Nvidia structured its $20 billion licensing deal with AI chip startup Groq to bypass antitrust scrutiny.
Gold gains as dollar softens ahead of US inflation report
Gold prices rose 0.3% on Thursday, supported by a softer US dollar, as investors awaited key inflation data to gauge the Federal Reserve's future interest-rate decisions.
Japan 10-year JGB jumps to 2.93% on oil, BOJ signals
Japanese government bond yields rose Thursday as Middle East tensions drove oil prices above $100, while hawkish Bank of Japan remarks fueled expectations of imminent rate hikes.
Visa, Mastercard, Ant International develop KYA to verify AI agents
AI agents are evolving to autonomously shop and pay for users, prompting Visa, Mastercard, and Ant to develop a framework ensuring their trustworthiness across payment systems.
Insight Partners pours over $1B into India backing AI-led companies
Global investor Insight Partners identifies niche AI opportunities in India after deploying over $1 billion, spotlighting transformative back-office automation.
Indian markets split: Sensex down 22, Nifty up 15
Indian markets opened mixed on Thursday as Sensex dipped slightly and Nifty edged higher. Rising crude oil prices above $100 a barrel pose challenges for energy-sensitive sectors.
India boosts biofuel drive as Brent crude tops $100
India plans to expand biofuel use, including ethanol blending and flex-fuel vehicles, as rising crude prices and supply disruptions from the Iran war threaten its energy security.
UTI Mutual Fund and Multipl launch Investment UPI for spending
Fintech platform Multipl and UTI Mutual Fund have launched "Investment UPI," enabling users to invest spending money in liquid mutual funds and redeem it for payments via UPI.
Retail investors drive Glass Wall Systems IPO 8.22x, targets ₹427.89cr
The Glass Wall Systems IPO has been subscribed over 8 times as of Day 3, with a Grey Market Premium (GMP) indicating a potential 36% listing gain.
Oil prices could hit $120 per barrel amid US-Iran tensions
Oil prices have surged past the $100 per barrel mark as traders weigh the risk of supply disruptions after recent shipping attacks.
Jefferies identifies 6 sectors to drive India industry investment
Jefferies identifies six sectors, including data centres and space, as key drivers of India's industrial growth, backed by policy support and private investments.
Bengaluru startup Swish raises $24 million to expand kitchens across India
Bengaluru-based quick food delivery startup Swish secured $24 million in its Series B round to expand its kitchen network, focusing on both existing and new cities.
RBI's Rohit Jain warns banks on cloud and AI risks
RBI Deputy Governor Rohit Jain cautioned banks against over-reliance on common tech providers, highlighting systemic risks from shared cloud and AI infrastructures.
Union Bank of India returns with $600 million GIFT City bond
Union Bank of India has listed its $600 million US dollar-denominated bond on NSE-IFSC at GIFT City, marking its re-entry into international debt markets after 12 years.
SS Retail opens IPO September 16 to 18 at ₹403-₹424
SS Retail has set the price band for its ₹500 crore IPO at ₹403-424 per share, with subscriptions opening on September 16 and closing on September 18.
Gold $4,461.40 up while silver slips as US inflation nears
Gold prices held firm while silver dipped as investors weighed West Asia tensions, rising oil prices, and upcoming US inflation data influencing Federal Reserve rate expectations.
Amit M Lakhanpal arrested in UAE over ₹113.10cr crypto scam
Amit M Lakhanpal, wanted in a ₹113.10-crore cryptocurrency scam, was arrested in the UAE following an Interpol Red Corner Notice; extradition efforts are underway.
Brent crude tops $100 amid U.S.-Iran Strait of Hormuz tensions
Brent crude remains above $100 per barrel as escalating U.S.-Iran tanker attacks disrupt Persian Gulf oil flows, with global stockpiles dwindling and supply concerns intensifying.
Economic Times HR Excellence Awards 2027 spotlight Indian employee-first leaders
The ET HR Excellence Awards 2027 spotlight leaders championing people-first strategies, driving workplace transformation, and delivering measurable organisational success.
Economic Times adds ET Enterprise SaaS Product of the Year
The Economic Times Product of the Year 2026 spotlights India's thriving enterprise SaaS ecosystem, recognizing transformative B2B software driving global business success.
Axis Bank opened about 400 branches despite 3% staff drop
Axis Bank plans to leverage AI and technology to drive growth while maintaining a steady headcount, as productivity gains and redeployment offset the need for aggressive hiring.
NSE trims IPO to ₹22,500-₹23,500 cr, OFS stake 5.25%
The National Stock Exchange has reduced its IPO size to ₹22,500-23,500 crore in a revised Sebi filing, lowering the offer for sale to 5.25% of paid-up capital.
India's photonics industry expected to reach $10bn by 2031
India's photonics market, currently valued at $2.5 billion, is projected to reach $10 billion by 2031, driven by rising demand from data centers and high-speed electronics.
West Bengal mulls using 18 industrial parks for data centers
West Bengal plans to repurpose land in 18 industrial parks for data centres, aligning with its strategy to capture a share of India's projected data centre growth.
India's 2026 brokerage market favors specialized platforms over low-fee giants
Smaller Indian brokerage platforms are experiencing rapid growth in active users, driven by innovative trading tools and a shift among experienced traders from larger firms.
SEBI seeks to relax market infrastructure institutions director qualification criteria
Sebi has proposed easing eligibility norms for directors of Market Infrastructure Institutions, aiming to address challenges in finding suitable candidates for key positions.
Ola Electric delays 3-wheeler program to March 2027 and 2028
Ola Electric has invested ₹229 crore in developing electric three-wheelers, with launch delays pushing the timeline to 2027-2028, aiming to diversify beyond its scooter business.
Hero Motors IPO ₹79-₹84 Sep16-18 subscription, valuation up to 3,815cr
Hero Motors has set its IPO price band at ₹79-84 per share, with the three-day issue opening on September 16 to raise funds for debt reduction and facility expansion.
AI firms lead fall IPOs as Anthropic may rival $86B
As Anthropic eyes a record-breaking IPO, other AI-focused firms like Nscale and Oura Health are preparing to tap into investor enthusiasm despite market uncertainties.
India's 2026 summer shifts household spending away from groceries
Extreme summer heat in India has shifted FMCG demand, boosting hydration and personal-care products while reducing chocolate and dairy consumption.
Trump administration and Republicans criticize Ford over Chinese tech partnerships
Ford faces criticism from the Trump administration and GOP lawmakers over its partnerships with Chinese firms, including battery technology licensing and manufacturing ventures.
Smartphone brands plan 39,600 temporary hires for 2026 festive season
Smartphone companies are ramping up festive season hiring, with a 34% increase expected in 2026 over 2025, driven by demand for assisted selling and financing-led conversions.
Fortune Hospitality and Infra announce ₹60,000cr AI data center park
Fortune Hospitality and Infra plans to develop a ₹60,000-crore hyperscale AI data centre park in Telangana, creating 1,000 direct and up to 4,000 indirect jobs.
Dell stock hits $538.47 high as AI demand surges
Dell Technologies shares surged to a record $538.47, driven by soaring demand for AI infrastructure and anticipation of its inclusion in the S&P 100 index.
Why Xiaomi's business in India may face detailed probe
India's Serious Fraud Investigation Office (SFIO) has recommended a detailed probe into Xiaomi's business operations in the country.
NPCI's AiNxt and AtOM platforms are here: How they work
The National Payments Corporation of India (NPCI) has launched two new agentic artificial intelligence (AI) platforms, AiNxt and Agentic Orchestration & Messaging (AtOM), at the Global Fintech Fest 2026 in Mumbai.
Flipkart now testing 'Eat In' food delivery service in Bengaluru
Walmart-backed Flipkart has begun testing its new food delivery service, 'Eat In,' among employees in Bengaluru.
This is the first AI-powered 'lights-out' factory in India
Tata Consultancy Services (TCS) has inaugurated a state-of-the-art "lights-out" factory at its Sahyadri Park campus in Pune.
Why Modi government wants these virtual digital asset platforms removed
The Indian government has ordered the removal of 15 virtual digital asset (VDA) platforms for violating anti-money laundering laws.
NSE to slash IPO price range to ₹1,700-1,785
The National Stock Exchange of India (NSE) is likely to price its long-awaited initial public offering (IPO) at ₹1,700-1,785 per share, according to a Bloomberg report.
Why Indian IT stocks lost ₹55,000cr in today's session
Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.
Brent crude hits $100 per barrel as US-Iran tensions escalate
Brent crude oil prices have surged to $100 a barrel for the first time since July 24. The spike comes as fears of supply disruptions from the Middle East region grow amid escalating attacks.
Coforge chairman resigns after internal audit raises concerns
Coforge, a leading Indian IT services provider, witnessed a major fall in its shares today after the resignation of its chairman, Om Prakash Bhatt.
Adani Airports raises $1B from Temasek, BlackRock and others
Adani Enterprises has announced its decision to raise nearly $1 billion (approximately ₹9,825 crore) by selling a stake in its airport unit, Adani Airport Holdings Limited (AAHL).
PhonePe, Visa introduce tap to pay and cross-border QR payments
PhonePe and Visa have launched three new payment features at the Global Fintech Fest 2026.
Coding start-up Cognition AI raises $2B at $48B valuation
Cognition AI, a start-up specializing in artificial intelligence (AI) coding, has raised $2 billion in its Series E funding round.
Singapore Airlines wants more control before fresh Air India funding
Singapore Airlines is looking for more management control and stronger governance rights before it agrees to pump in funds into Air India, as per Reuters.
Ajit Mohan, Snap's chief business officer, quits
Ajit Mohan, the Chief Business Officer at Snap, has announced his resignation after a four-year stint.
US suspends Cognizant's green-card applications amid visa fraud probe
The United States Department of Labor has suspended Cognizant's Permanent Labor Certification (PERM) filings.
Sensex plunges 600 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the BSE Sensex and NSE Nifty both witnessing sharp declines.
Rentomojo IPO opens with 33% GMP: Apply or avoid?
Rentomojo, a leading D2C rental and subscription platform in India, has launched its initial public offering (IPO) today.
Uber, Rapido licenses suspended for 6 months in Chandigarh
The Chandigarh administration has suspended the aggregator licenses of ride-hailing services Uber and Rapido for six months.
Qualcomm inks $4B custom chip agreement with Amazon
Qualcomm has announced a strategic partnership with Amazon, involving a $4 billion custom chip deal.
You can't use Uber, Rapido in Chandigarh till March 2027
The State Transport Authority (STA) of Chandigarh has suspended the aggregator licenses of Uber and Rapido for six months.
Hunter Biden to launch cryptocurrency inspired by his controversial laptop
Hunter Biden, the son of former US president Joe Biden, is launching a cryptocurrency inspired by his controversial laptop.
eBay under fire for delivering gender-prediction kits to India
eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.
Hedge fund billionaire Chris Rokos moving from UK to Greece
Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.
This Volkswagen car plant will now produce defense equipment
Volkswagen has announced plans to convert its Osnabruck car plant in northwestern Germany into a defense production facility.
Over 2L companies launched in India in 1 year
India's corporate landscape has witnessed significant growth over the past year, with the addition of over two lakh active companies between June 2025 and June 2026.
These workers in India can get up to 20% bonus
The Ministry of Labour and Employment has issued two notifications, announcing that employees in India earning up to ₹21,000 a month are eligible for a statutory bonus under the new labor code.
Reliance to raise ₹12,500cr via bonds
Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is planning to raise up to ₹12,500 crore ($1.3 billion) through local-currency bonds.
Adani, NTPC among bidders for ₹37,500cr coal gasification plan
The Indian government's ₹37,500 crore coal gasification scheme has attracted interest from major players like Adani Enterprises and NTPC.
ESDS shares surge 200% from IPO price in 3 sessions
Cloud and data center player ESDS Software Solution is on an explosive post-listing run. The stock debuted last Friday at a 76% premium and closed day one up 112%, touching an intraday high of ₹908.40.
Sensex falls over 500 points: What's behind today's sell-off?
The Indian equity markets continued to face pressure in afternoon trade today, with the benchmark indices extending losses.
Delhi-HC to hear ANI's plea against OpenAI on September 14
Asian News International (ANI), a news agency, has filed an appeal in the Delhi High Court against a single-judge order that denied interim relief in its copyright infringement lawsuit against OpenAI.
SpiceJet did not pay employees for 4 months: Report
SpiceJet, one of India's leading airlines, is facing a major financial crisis.
Why Volkswagen may sell superbike maker Ducati
Volkswagen AG is contemplating the sale of motorcycle manufacturer Ducati as part of a major restructuring of its vast portfolio.
Mistral AI raises €3 in Europe's biggest tech funding round
French artificial intelligence (AI) company Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion).
How to correct your job exit date on EPFO portal
When you leave a job, your employer is supposed to update your exit date on the Employees' Provident Fund Organisation (EPFO) portal.
Canada's retaliatory tariffs on US goods are now in effect
Canada imposed retaliatory tariffs on US goods today after trade negotiations broke down last month.
Anthropic won't acquire AI start-up Decart for $6B anymore
Anthropic, the artificial intelligence (AI) start-up behind the popular Claude chatbot, has decided against acquiring another AI start-up, Decart for around $6 billion.
Samsung lays off around 100 employees in India
Samsung India has asked around 80-100 executives in its television and home appliance divisions to leave, The Economic Times reported.
Oil prices soar to 6-week highs amid US-Iran tensions
Oil prices have continued their upward trend for the third consecutive day, hitting six-week highs.
Glass Wall Systems IPO opens today with 28% GMP
The initial public offering (IPO) of Glass Wall Systems India, a leading provider of facade solutions, is open for subscription today.
Copper prices hit all-time high
Copper prices have surged to an all-time high on the London Metal Exchange (LME), following a weeks-long rally.
Qatar sends first LNG cargo through Hormuz since July
A liquefied natural gas (LNG) tanker from Qatar has successfully navigated through the Strait of Hormuz, marking the first such exit since July.
LPG e-KYC deadline extended to September 14
The deadline for domestic cooking gas consumers to complete Aadhaar-based biometric authentication (e-KYC) of their liquefied petroleum gas (LPG) connections has been extended again. The new deadline is now September 14.
China's exports surge 25% in August, trade surplus hits $119B
China's export growth has gained momentum, with a 25% increase in August compared to the same month last year.
Rural residents can now book LPG refills every 25 days
In a major policy change, the Indian government has directed oil marketing companies to allow rural LPG consumers to book cylinder refills every 25 days.
Studied or worked abroad? Axis Bank is now hiring
Axis Bank has launched a new hiring initiative called "Arise Homecoming," aimed at attracting globally educated Indian talent looking for job opportunities in India.
Swiggy's new 24x7 helpline helps you complain about food quality
Swiggy has launched a dedicated 24x7 helpline for customers to report any food safety-related concerns.
India's battery sector to generate 20L jobs by FY30
India's battery industry is poised to enter its most capital and employment-intensive phase, with an estimated 15-20 lakh jobs to be created by FY30.
TCS launches AI studio in London, plans 5,000 new jobs
Tata Consultancy Services (TCS) has announced the opening of an artificial intelligence (AI)-driven creative engineering studio in London.
NSE IPO to raise ₹30,000cr, valuation could touch ₹5 trillion
The National Stock Exchange (NSE) is gearing up for its initial public offering (IPO), which could raise as much as ₹30,000 crore.
Why McDonald's is ditching Pumpkin Spice Latte
McDonald's has announced that it will not be serving the popular Pumpkin Spice Latte this fall, marking a major shift in its seasonal menu.
Should you invest in consumption-focused mutual funds right now?
India's economy is heavily driven by consumption, with the country's GDP growing 7.8% in Q1 FY27, surpassing the RBI's projection of 7%.
Why China is infusing around $54B into banks and insurers
China is injecting a massive amount of CNY 360 billion ($53.6 billion) into eight of its state-owned banks and insurance companies.
Sensex could hit 89,000 by June 2027, says Morgan Stanley
Morgan Stanley, a leading Wall Street firm, has projected that the Indian economy is entering a multi-quarter growth phase.