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Business News

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06 Mar 2026
TL;DR

IRDAI mandates real-time fraud monitoring in insurance

India's insurance sector is ramping up investments in AI and real-time fraud detection systems to meet IRDAI's new zero-tolerance fraud regulations by April 2026.

Sarvam rolls out program to back India's AI start-ups

Indian generative AI company Sarvam AI has launched a new initiative, the 'Sarvam Start-up Programme.'

06 Mar 2026
TL;DR

Maersk halts shipments through Strait of Hormuz amid Iran tensions

Maersk, a leading container shipping group, has temporarily suspended two of its services due to the ongoing Iran conflict disrupting global supply chains.

06 Mar 2026
TL;DR

Mukesh Ambani tops Hurun list of India's richest

Mukesh Ambani remains India's richest individual, with Gautam Adani securing the second spot, according to the Hurun Global Rich List 2026.

06 Mar 2026
TL;DR

India's 1st 3D subsurface mapping tech to boost airport upgrades

Mumbai-based Genesys International has introduced India's first advanced Ground Penetrating Radar (GPR) system for 3D mapping of underground utilities.

06 Mar 2026
India

India to beat global peers in salary hikes for 2026

India is set to witness a significant rise in salaries, with an average increase of 9.1% projected for 2026.

06 Mar 2026
TL;DR

Nikkei 225 drops 5.5% in worst week since last April

Japanese stocks experienced their largest weekly decline in nearly a year due to the escalating conflict in the Middle East disrupting oil supplies.

06 Mar 2026
TL;DR

Sensex tanks 608 points, Nifty holds above 24,600

The BSE Sensex and Nifty 50 experienced significant declines on Friday due to ongoing geopolitical tensions in West Asia and continued foreign fund outflows.

06 Mar 2026
TL;DR

xAI engineer's 19-hour shift sparks debate on work-life balance

Giri Kuncoro, an xAI engineer, stirred controversy online after boasting about a 19-hour work shift at the Elon Musk-owned firm, triggering discussions on hustle culture.

06 Mar 2026
TL;DR

Australian shares drop 3.8% as Middle East conflict rattles markets

Australian stocks experienced their worst week in nearly a year, plummeting 3.8% due to escalating Middle East tensions and subsequent inflation fears.

06 Mar 2026
TL;DR

'ET' MSME summit on Indore's role in manufacturing, March 13

Indore is set to host the ET Make in India SME Regional Summit on March 13, 2026, uniting MSMEs, entrepreneurs, and industry leaders for growth opportunities.

06 Mar 2026
Finance

Mortgage loans: What are the available options?

Navigating the world of mortgage loans can be difficult, particularly for first-time homebuyers.

06 Mar 2026
TL;DR

India's average salary growth to hit 9.1% in 2026: Aon

Indian salaries are projected to increase by 9.1% in 2026, outpacing major economies as companies compete for skilled talent.

06 Mar 2026
TL;DR

Wealthy Asians are moving money out of Dubai to Singapore

Following recent Iranian attacks on Dubai, Indian entrepreneurs are transferring their wealth from the city to safer financial hubs like Singapore and Hong Kong.

06 Mar 2026
TL;DR

Fractal Analytics reports 21% revenue growth in Q3 FY26

Fractal Analytics' consolidated net sales for December 2025 reached Rs 854.40 crore, marking a significant 20.81% year-on-year increase.

06 Mar 2026
TL;DR

UPI's transaction value crosses ₹28 lakh crore for 1st time

Unified Payments Interface (UPI) saw a 27% increase in transaction volumes in February, hitting a record 800 million daily transactions on March 2.

06 Mar 2026
TL;DR

Reliance's Jio Platforms plans IPO, aims to raise $4.5 billion

Mukesh Ambani's Jio Platforms' record-breaking IPO is potentially delayed due to slow formalization of new listing rules by the Indian government.

06 Mar 2026
OpenAI

SoftBank seeks record $40B loan to fund OpenAI

SoftBank, the Japanese tech conglomerate, is seeking a loan of up to $40 billion.

Innovision IPO opens March 10: Should you bid?

Innovision, a Haryana-based company specializing in manpower and toll plaza management services, has announced its initial public offering (IPO) price band.

06 Mar 2026
Iran

Why are Sensex and Nifty falling today?

Indian equity markets opened lower today, with the Sensex down by some 600 points and the Nifty50 trading near the 24,600-mark.

06 Mar 2026
HDFC Bank

NHAI-backed Raajmarg Infra IPO opens March 11: Should you bid?

Raajmarg Infra Investment Trust (RIIT), a public InvIT sponsored by the National Highways Authority of India (NHAI), is gearing up for its first-ever public offering.

06 Mar 2026
Microsoft

Oracle to lay off thousands amid AI data center expansion

Oracle Corporation is planning to lay off thousands of employees as part of a strategy to cope with financial strain from its massive AI data center expansion, according to Bloomberg.

06 Mar 2026
TL;DR

Bitcoin crosses $70,000 mark again: What are the technicals

Bitcoin traded near $71,000 on Friday, experiencing a 2% dip due to geopolitical tensions, ETF flows and rate cut uncertainty.

06 Mar 2026
TL;DR

DCX Systems soars 11% on ₹68cr HAL order

DCX Systems Ltd. shares jumped over 11% after securing a ₹68.05 crore order from Hindustan Aeronautics Limited for custom-made antennas and power supplies.

06 Mar 2026
Ben Affleck

Netflix just bought Ben Affleck's AI filmmaking start-up

Netflix has acquired InterPositive, a filmmaking technology company founded by actor Ben Affleck in 2022.

06 Mar 2026
TL;DR

Striders Impex makes stock market debut: Here's what to know

Striders Impex shares debuted at a 2.78% discount to their IPO price, listing at ₹70 on the NSE SME, missing Street expectations.

06 Mar 2026
Infosys

Foreign investors dump IT stocks worth ₹17,000cr amid AI fears

Foreign institutional investors (FIIs) have offloaded a whopping ₹17,000 crore worth of Indian IT stocks in February.

06 Mar 2026
TL;DR

Sensex falls over 500 points as geopolitical tensions rise

The Sensex and Nifty50 opened lower due to weak global cues and rising oil prices. IndiGo and ICICI Bank shares also fell by 2% each.

06 Mar 2026
TL;DR

Anthropic to sue US government over military AI contract ban

Anthropic PBC plans to legally challenge the US Defence Department's decision to label the AI company as a supply-chain risk, potentially leading to a court battle.

06 Mar 2026
TL;DR

Two chartered accountants arrested in ₹641 crore cyber fraud

The Enforcement Directorate (ED) has arrested two chartered accountants linked to a ₹641 crore cyber fraud and money laundering case.

06 Mar 2026
TL;DR

Diabetes, weight loss drug to become much cheaper in India

Over 50 Indian pharmaceutical companies are gearing up to launch their versions of semaglutide, as key patents for Ozempic and Wegovy expire next week.

06 Mar 2026
TL;DR

Telefonica, Mavenir launch AI innovation hub for telecom networks

US-based telecom software firm Mavenir is intensifying its AI-led strategy in India, following a financial restructuring and shift from hardware-led Open RAN ambitions.

06 Mar 2026
TL;DR

Oil prices drop over 2% after spike on Thursday

Oil prices experienced a significant drop of more than two percent in early Asian trade, following recent gains due to Middle East conflict.

06 Mar 2026
TL;DR

RBI's record bond purchases keep lending smooth amid massive borrowings

The Reserve Bank of India (RBI) is buying government bonds to offset liquidity drain and stabilize yields amidst geopolitical tensions.

06 Mar 2026
TL;DR

Sensex crosses 80,000 mark again

The Sensex reversed its downward trend, gaining 900 points due to improving geopolitical cues and positive developments in the US-Iran conflict.

06 Mar 2026
TL;DR

Unlisted Indian firms can directly list abroad: What's the impact

GIFT City is set to release a framework allowing companies to list shares directly without conducting an IPO, expanding access to global investors.

06 Mar 2026
TL;DR

War in West Asia pushes airfares to new heights

Insurance companies are raising war-risk premiums for airlines operating in West Asia, potentially leading to increased airfares as carriers pass on costs to passengers.

06 Mar 2026
TL;DR

Tech hiring in India picks up, but still way off

India's technology job openings rose by 9% in March, indicating a short-term increase in hiring demand despite AI disruption uncertainties.

06 Mar 2026
TL;DR

Lam Research to invest $1.2 billion in Karnataka

Semiconductor giant Lam Research is developing an Indian supplier base for global orders and planning a new systems engineering lab in Bengaluru, according to its India MD.

06 Mar 2026
TL;DR

Infosys mandates minimum office days for junior employees

Infosys has instructed employees at job level 6 plus (JL 6A) and above to work from the office four days a week, as part of its return-to-office strategy.

06 Mar 2026
TL;DR

Rozana raises ₹290cr to expand rural e-commerce platform

Rural e-commerce startup Rozana has raised ₹290 crore in a Series B funding round led by Bertelsmann India Investments, aiming to expand its rural storefront network.

06 Mar 2026
TL;DR

India, UAE to link digital currencies for faster cross-border payments

The central banks of India and the UAE are working to link their sovereign digital currencies, potentially enabling instant money transfers between the two countries.

06 Mar 2026
TL;DR

Explained: Why Indian rupee fell to record low against US dollar

The Indian rupee saw a significant boost, closing at 91.60/$1, following substantial interventions by the Reserve Bank of India (RBI) to prevent further weakening.

06 Mar 2026
TL;DR

US's AI chip export restrictions to China could impact NVIDIA

The Trump administration is reportedly drafting rules to regulate the export of AI chips, requiring U.S. government approval for international shipments.

06 Mar 2026
TL;DR

Trump's trust invested up to $2.25 million in Netflix bonds across December 2025 and January 2026

President Trump's trust purchased up to $1.25 million in Netflix bonds during the company's intense bidding war for Warner Bros. Discovery, recent government filings reveal.

06 Mar 2026
TL;DR

Nominal hits $1B valuation, eyes expansion beyond defense

Nominal, a startup offering software for hardware engineers' design testing, has raised $155 million in 10 months and reached a valuation of $1 billion.

06 Mar 2026
TL;DR

French cops nab contractor who stole $46 million in crypto heist

John Daghita, accused of stealing $46 million in cryptocurrency from the U.S. government, has been arrested by French law enforcement and the FBI on Saint Martin Island.

06 Mar 2026
TL;DR

Oracle to lay off thousands as AI centers cost billions

Oracle Corp. is reportedly planning to cut thousands of jobs as it grapples with a cash crunch caused by a significant expansion into AI data centers.

06 Mar 2026
TL;DR

Fractal's Q3 FY26: Healthcare, banking drive 21% revenue growth

Enterprise AI firm Fractal Analytics reported a consolidated profit of Rs 100.1 crore in its first quarterly results after listing on Indian stock exchanges.

06 Mar 2026
TL;DR

Trump orders US agencies to stop using AI tool

President Donald Trump has taken credit for the current predicament of AI company, Anthropic, stating he fired them "like dogs".

05 Mar 2026
Stock Market

Why BEL, HAL and Mazagon Dock surged today

Shares of several defense companies, including Bharat Electronics Limited (BEL), Mazagon Dock Shipbuilders Limited, and Hindustan Aeronautics Limited (HAL), witnessed a sharp rise on Thursday.

05 Mar 2026
Amazon

Amazon cuts 100+ jobs in robotics division

Amazon has laid off more than 100 employees from its robotics division, as part of a major restructuring effort.

05 Mar 2026
Iran

India VIX cools 17% after 52% spike amid US-Iran war

India's volatility index (VIX), the barometer of stock market fear, has witnessed a major correction on Thursday.

05 Mar 2026
Bengaluru

Grocery start-up FirstClub in talks to raise $60M

FirstClub, a Bengaluru-based premium retail grocery start-up, is in advanced talks to raise $50-60 million (around ₹450-550 crore) from Peak XV Partners and Sofina Ventures, according to Moneycontrol.

05 Mar 2026
Anthropic

Palantir faces tough task of severing ties with Anthropic

Palantir, a leading tech company, is facing the tough task of severing its ties with Anthropic. This comes after a dispute between the AI lab and the Pentagon over safety protocols.

05 Mar 2026
Anthropic

OpenAI's annualized revenue surpasses $25B mark

OpenAI has crossed the $25 billion mark in annualized revenue, The Information reported on Wednesday.

05 Mar 2026
Google

Sergey Brin joins Bezos, Zuckerberg in Miami with $51M mansion

Google co-founder Sergey Brin is reportedly the new owner of a $51 million waterfront mansion in Miami.

05 Mar 2026
Inflation

US-Iran war: Why investors are dumping silver and buying gold

The ongoing conflict in the Middle East, pitting the US and Israel against Iran, has triggered a global risk-off sentiment.

05 Mar 2026
China

China sets lowest GDP growth target in 35 years

China has set its annual economic growth target for 2026 at a range of 4.5% to 5%, the lowest since 1991.

05 Mar 2026
Morgan Stanley

Morgan Stanley cuts 2,500 jobs globally despite strong financial performance

Morgan Stanley has laid off around 2,500 employees worldwide, according to The Wall Street Journal.

05 Mar 2026
US Dollars

Gold, silver ETFs soar amid escalating US-Iran war

Gold and silver exchange-traded funds (ETFs) witnessed a sharp spike on Thursday.

05 Mar 2026
Reliance Industries

Why Reliance shares are rising amid US-Iran war

Reliance Industries Limited (RIL) witnessed a sharp surge in its share price on Thursday, gaining up to 3%.

05 Mar 2026
New Delhi

Estee Lauder fully acquires Forest Essentials

Estee Lauder Companies has announced its plan to acquire an additional 51% stake in Indian luxury beauty brand, Forest Essentials.

05 Mar 2026
NVIDIA

Why NVIDIA may pull back from investing in OpenAI, Anthropic

NVIDIA CEO Jensen Huang has hinted at a possible reduction in his company's investments in OpenAI and Anthropic.

05 Mar 2026
Sensex

Sensex gains 500 points: What's behind today's rally?

The Indian stock market opened on a positive note today, with the S&P BSE Sensex gaining nearly 500 points to trade at 79,603 and the Nifty50 rising by 175 points to reach 24,656.

05 Mar 2026
State Bank of India (SBI)

SBI hires 5,800 Junior Associates to strengthen customer service

The State Bank of India (SBI), the country's largest lender, has hired 5,783 Junior Associates across various states and union territories.

05 Mar 2026
Iran

Oil prices soar as US-Iran war disrupts global supply routes

Oil prices have soared on Thursday, owing to fears of supply disruptions from the ongoing US-Iran conflict. The prolonged closure of the Strait of Hormuz has also contributed to this spike.

05 Mar 2026
Donald Trump

US court orders refunds for Trump tariffs

In a major blow to President Donald Trump's administration, a federal judge in New York has ordered companies that paid certain tariffs during his tenure to be refunded.

05 Mar 2026
Google

Google settles with Epic, cuts Play Store commission to 20%

Google has agreed to a settlement with Epic Games, the developer of Fortnite, over antitrust concerns.

04 Mar 2026
Tamil Nadu

MRF to invest ₹5,300cr in new tire manufacturing plant

Leading tire manufacturer MRF has announced plans to set up a greenfield manufacturing facility in Tamil Nadu.

04 Mar 2026
Personal Finance

Gold, silver ETFs down 7% today: Here we decode why

Gold and silver exchange-traded funds (ETFs) witnessed a major drop today. The decline came as investors booked profits after a recent rally in precious metals.

04 Mar 2026
Accenture

Ookla, Downdetector, and Speedtest sold to Accenture for $1.2B

Accenture has acquired the connectivity division of Ziff Davis for a whopping $1.2 billion in cash.

This fintech unicorn wants to raise ₹1,500cr via IPO

Fintech unicorn Moneyview Limited has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

04 Mar 2026
PhonePe

PhonePe eyes $10.5B valuation for its IPO in India

Walmart-backed Indian fintech giant PhonePe is gearing up for an initial public offering (IPO) at a valuation between $9 billion and $10.5 billion, according to Reuters.

04 Mar 2026
OpenAI

After Pentagon, OpenAI might sign a contract with NATO

OpenAI is considering a contract to deploy its artificial intelligence (AI) technology on the North Atlantic Treaty Organization's (NATO) "unclassified" networks, as per Reuters.

04 Mar 2026
Wipro

Wipro stocks hit 52-week low today: Here we decode why

Wipro's shares hit a 52-week low of ₹195.10 this morning, down 1.74% from the previous close.