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PhysicsWallah declines 45 % from highs, trades below IPO level
Shares of edtech platform PhysicsWallah have experienced a decline, trading 3% lower today to ₹88.9. The decline comes after a fall in three of the last four sessions.
SC classifies Rooh Afza as fruit drink, gives tax relief
In a major relief for Hamdard Laboratories, the Supreme Court of India has ruled that Sharbat Rooh Afza cannot be classified under a higher tax slab just because it is marketed as a sharbat.
Xiaomi doubles down on chips, AI, and software
Xiaomi is doubling down on its five-year plan to develop core technologies like chips, artificial intelligence (AI), and operating systems.
Why are Indian companies issuing dividends instead of investing in AI
Paras Chopra, founder of Wingify, has questioned the decision of large Indian companies to prioritize dividends over investing in foundational artificial intelligence research.
Dynacons wins ₹109cr cloud deal with Punjab & Sind Bank
Dynacons Systems & Solutions Limited's shares rose by 3% after the company won a ₹108.88 crore contract from Punjab & Sind Bank for a private cloud infrastructure project.
JioStar appoints Amit Malhotra as Head of International Business
JioStar has appointed Amit Malhotra, former leader at Warner Media and The Walt Disney Company, as its new Head of International Business based in Singapore.
Explainer: Why gold loans are booming in India
India's gold loan sector is experiencing significant growth, driven by high gold prices and increased customer adoption, with loans growing 42% year-on-year.
RBI's new rule could halve trading firms' profit margins
The Reserve Bank of India's (RBI) recent restrictions on bank lending to proprietary traders could potentially give foreign traders an advantage over their Indian counterparts.
IDFC First Bank fraud: KPMG probing ₹590cr scam
Shares of fraud-hit IDFC First Bank rose over 3%, hitting a four-day high, as analysts suggest the worst impact may be over.
India on track for 6.8-7.2% growth in FY27: EY report
India's economy is predicted to grow between 6.8% and 7.2% in FY27, driven by tax reforms and expanding trade agreements, according to EY's Economy Watch report.
Claude parent Anthropic raises funds at $380B valuation
Anthropic, a leading AI firm, now boasts a valuation of $380 billion, surpassing the combined market capitalisation of top Indian IT companies, which stands at $240 billion.
Why edtech firm PhysicsWallah's stock is down 50% since listing
PhysicsWallah Ltd.'s shares continue to fall, trading 3% lower and extending losses below their IPO price following a 45% drop from post-listing highs.
WPP, once the world's biggest ad group, just rolled out
WPP, the London-based advertising group, plans a significant restructure involving merging its ad agencies and job cuts to counter the challenges posed by the AI revolution.
Emkay Global calls it sector a buy after 21% fall
Emkay Global has adjusted its portfolio, finding value in the IT sector following an AI sell-off, and adding Infosys and HCL Technologies.
Apple Pay likely to launch in India by mid-2026
Apple is gearing up to launch its payment service, Apple Pay, in India.
NVIDIA's revenue skyrockets 73% YoY, hits $68.1B last quarter
Despite reporting record quarterly revenue and a surge in AI adoption, Nvidia's shares saw a muted reaction, reflecting investor anxiety over AI valuations.
Why XTGlobal Infotech's stock is hitting upper circuit today
Shares of XTGlobal Infotech surged by 20% after securing a significant AI Enablement contract from a US-based state transportation agency.
IT stocks extend rebound for second day: Time to buy?
Indian IT stocks have witnessed a rally for the second consecutive day, with industry giants Infosys and Tata Consultancy Services (TCS) witnessing gains of 2-3%.
eBay reportedly laying off nearly 800 employees
eBay is laying off nearly 800 employees in a fresh round of job cuts, according to thelayoff.com.
Shares of KSB, Sanofi Consumer Healthcare soar 15%: Here's why
Shares of KSB Ltd. and Sanofi Consumer Healthcare India Ltd. soared up to 15% following robust third quarter earnings reports.
Gold, silver futures fall on MCX: Check rates
Gold and silver prices in domestic futures trade opened lower on Thursday due to profit booking, despite a weaker US dollar.
NSE's $2.5 billion IPO process kicks off
The National Stock Exchange of India Ltd. (NSE) is inviting banks to pitch for its long-delayed $2.5 billion IPO, indicating renewed momentum in the process.
Tattvam AI raises $1.7 million to accelerate chip design with AI
Tattvam AI, a startup automating semiconductor chip design, has raised $1.7 million in pre-seed funding from Seedcamp and others.
SEBI's new rules for mutual funds: What you should know
Sebi has introduced new regulations to streamline mutual fund categories, aiming to reduce duplication and improve transparency for 'true-to-label' investing.
Generative AI won't kill IT services: Cognizant's Babak Hodjat
Cognizant's Chief AI Officer, Babak Hodjat, rejects claims that AI will end IT services, instead emphasizing the industry's need for continued engineering and customization.
Anil Ambani appears before ED in money laundering case
Anil Ambani, the chairman of Reliance Group, has appeared before the Enforcement Directorate (ED) in Delhi. The questioning session is related to a money laundering case.
SEBI's new rules for mutual funds: What you should know
India's capital markets regulator, SEBI, has updated the classification and description framework for mutual fund schemes to align with evolving investment strategies.
Trump asks tech firms to generate their own electricity
President Donald Trump is urging major tech companies, including Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI.
Telangana: Ponzi scheme mastermind arrested in Mumbai
The Telangana CID has arrested Vikas Kumar Sakhare, the former COO of Falcon Group, for his alleged involvement in a ₹792 crore deposit fraud.
Ola Electric's stock rises on Goldman Sachs's 'neutral' call
Ola Electric Mobility's shares rose over 1% on February 26, even as Goldman Sachs downgraded its target price by 50% and projected a mid-single-digit market share for FY30.
US cybersecurity agency weakened by budget cuts, layoffs under Trump
The US Cybersecurity and Infrastructure Security Agency (CISA) is facing a major crisis, according to bipartisan lawmakers and industry leaders.
Wipro's Jain on AI integration challenges in IT services
Wipro's COO, Sanjeev Jain, highlights the operational challenges and complexities involved in enterprise deployment of artificial intelligence (AI).
AI won't kill it jobs, Mahindra reassures
Anand Mahindra recently addressed market fears over a fictional AI scenario predicting cheap software production, emphasizing the continued importance of IT services.
NVIDIA's quarterly earnings defy AI bubble fears
NVIDIA, the world's most valuable publicly-traded company, has reported a record annual revenue of $215.9 billion.
AI's impact on IT sector could be bigger than tariffs
Nilesh Shah, Managing Director at Kotak Mahindra AMC, warns that the rise of AI poses a significant threat to India's IT services sector, overshadowing concerns about tariffs.
Gold may surge to $6,300 by year-end: JP Morgan
JP Morgan has revised its long-term gold price forecast, now predicting a value of $4,500 per ounce and potentially as high as $6,300 by the end of 2026.
Bitcoin bounces back to $68,000 mark
Bitcoin prices have rebounded to over $68,000, driven by positive developments like the Coinbase Bitcoin Premium Index flipping and increased inflows into Bitcoin ETFs.
Sensex gains 215 points, Nifty settles above 25,530 mark
Indian equities, led by IT heavyweights, opened strong with the BSE Sensex rising 215 points to 82,490 and the Nifty 50 topping at 25,538.
Anthropic acquires AI start-up Vercept to enhance agentic capabilities
Anthropic has acquired Vercept, an artificial intelligence (AI) start-up with strong ties to Seattle's tech industry.
Sensex crosses 82,400 for 1st time
Nifty50 and BSE Sensex opened higher today, influenced by positive global cues. Nifty50 was trading above 25,500 while BSE Sensex rose around 200 points.
Valve sued over alleged illegal gambling in Counter-Strike 2
New York Attorney General Letitia James has sued game developer Valve, alleging that the company illegally promotes gambling through its loot box systems.
Odisha government approves ₹44,000cr worth projects across 8 districts
The Odisha government has sanctioned industrial investment proposals amounting to ₹44,241.97 crore for 10 major projects, expected to create approximately 8,765 jobs.
Japan's Nikkei 225 crosses 59,000 mark for 1st time
Tokyo's Nikkei index shattered previous records, surpassing the 59,000 mark due to diminishing rate hike expectations and robust results from chipmaker Nvidia.
NVIDIA's record Q4 to boost Indian IT firms
Indian IT stocks, including Infosys, TCS, and HCL Tech, are in the spotlight after AI chipmaker Nvidia posted strong Q3 earnings.
Snowflake's Q4 revenue soars 30% to $1.23 billion
Snowflake anticipates its fiscal 2027 product revenue to exceed Wall Street estimates, driven by the growing enterprise demand for AI tools and cloud-based data analytics.
Asian markets soar as NVIDIA's AI boost sends ripples
Asian shares experienced a relief rally after Nvidia's upbeat earnings eased concerns over AI-driven disruption and rising costs.
Foreign investors pour $2.44 billion into Indian equities this February
Foreign institutional investors (FIIs) became net buyers in Indian equities in February, marking their largest monthly inflows since September 2024.
Mumbai: BEST gets ₹1,000 crore in 2026-27 budget
BEST Undertaking, burdened by financial difficulties, receives a meager ₹1,000 crore in the 2026-27 budget, despite its significant fiscal deficit and unpaid retiree dues.
Gold hits record high as investors seek safe haven
Gold prices experienced a slight increase on Thursday due to a weaker dollar and uncertainties surrounding U.S. tariff policies and U.S.-Iran talks.
Gold could hit $6,300 per ounce in 2026: J.P. Morgan
JP Morgan has raised its long-term gold price forecast to $4,500 per ounce and expects it to reach $6,300 by 2026. Meanwhile, Bank of America signals a near-term pullback for silver.
HSBC's India pre-tax profit hits $1.9 billion
HSBC India reported an 11% rise in profit before tax, reaching $1.9 billion in 2025. The bank remains the largest foreign bank in India.
UpGrad buys 90% of Internshala at ₹100cr valuation
Edtech company UpGrad has purchased a 90% stake in skilling platform Internshala, aiming to enhance AI-led talent matching and enterprise hiring.
India's tech scene: $300B at home, but just 1% globally
India's tech sector only holds 1% of high-growth global value pools, despite contributing significantly to the national GDP and global IT services, according to a BCG study.
Metal stocks shine, Nifty Metal hits all-time high
Metal stocks experienced a 7% rally due to firming base metal prices and US tariff uncertainties. Analysts foresee a potential upside of up to 25% in the near term.
NVIDIA's Q4 revenue hits $68 billion, beats expectations
Nvidia's Q4 revenue soared to $68.1 billion, a 20% increase from Q3, smashing analysts' expectations. The surge underscores the growing global demand for AI-focused chips.
NVIDIA's record quarter: $68B in just 3 months
Nvidia, the world's most valuable company, reported a record $68 billion revenue in its recent quarter, driven by soaring demand for AI compute and high capital expenditure.
Ex-Revolut employee threatens crypto trader with KYC leak: Report
A former employee of fintech firm Revolut allegedly attempted to extort a crypto trader, threatening to leak personal data unless a cryptocurrency ransom was paid.
NVIDIA's Q4 revenue hits record $68.1 billion, beats expectations
Despite exceeding Q4 earnings and guidance estimates, Nvidia shares have seen a modest reaction, with only a slight increase in extended trading.
TCS CEO urges employees to embrace AI for productivity
TCS CEO K Krithivasan asserts that the company is unafraid of AI disrupting livelihoods, viewing it as an opportunity to enhance client outcomes.
Netflix's $82.7B WBD acquisition bid heads to White House
Netflix co-CEO Ted Sarandos is set to visit the White House amid political tensions surrounding Netflix's proposed acquisition of Warner Bros. Discovery, reports suggest.
Yes Bank's data breach leads to ₹3.5 crore fraud
The Reserve Bank of India (RBI) has summoned Yes Bank executives following a significant data breach involving the bank's multi-currency forex card.
DJI is suing the US government over this reason
Chinese drone manufacturer DJI has filed a lawsuit against America's Federal Communications Commission (FCC) over its 'national security risk' designation.
Meta and Reliance are now joint owners of a new company
Reliance Industries Ltd (RIL) has restructured its AI subsidiary, with Meta Platforms picking up a 30% stake for Rs 256.6 crore.
E2E Networks launches ₹1,000 crore QIP to raise funds
E2E Networks Ltd has announced the launch of a Qualified Institutional Placement (QIP) issue, setting the floor price at ₹2,630.60 per equity share.
Healthcare stocks: What they are exactly
Investing in Indian healthcare stocks can be rewarding, given the sector's growth potential.
PPF v/s FD: Which is better for NRIs?
For non-resident Indians looking to invest in India, Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular options.
What are some overlooked loan options?
In India, financial literacy has improved, but many still overlook niche loan options.
What are gold-backed loans?
Gold-backed loans are a popular financing option in India, allowing individuals to leverage their gold assets.
ED attaches Anil Ambani's Mumbai residence worth ₹3,716cr
The Enforcement Directorate (ED) has attached Reliance Group chairman Anil Ambani's 17-story Mumbai residence 'Abode' worth ₹3,716.83 crore, PTI reported.
Vedanta raising ₹3,000cr via bonds before March-end
Vedanta, the diversified mining giant owned by Anil Agarwal, is gearing up to raise ₹3,000 crore through a bond issue before the end of March.
Xiaomi moves Supreme Court against $72M tax demand in India
Xiaomi, a leading player in India's smartphone market, has challenged an Indian tax tribunal's ruling that accused the company of evading $72 million in tariffs on royalty payments.
ELSS v/s ULIP: Which is better for your portfolio?
Equity Linked Savings Schemes (ELSS) and Unit Linked Insurance Plans (ULIPs) are two popular investment options in India.
NSE now lets Indians directly trade in US stocks
The NSE International Exchange (NSE IX) has launched a new platform, Global Access, enabling Indian investors to directly trade in US-listed stocks such as Apple and Microsoft.
Meet Arjun Gupta, OpenAI's new 'Solutions Architect' in India
OpenAI has appointed Arjun Gupta, the Co-Founder and ex-CTO of AuraML, as its first-ever Solutions Architect in India.
Aston Martin to lay off 20% of its employees
Luxury carmaker Aston Martin has announced a major downsizing plan, with plans to cut 20% of its workforce.
Why Apple has acquired this 1-person AI start-up
Apple has acquired the assets of Invrs.io, a one-person artificial intelligence (AI) start-up specializing in photonics research.
L'Oreal, Dyson, others sue US government for Trump tariff refunds
French beauty giant L'Oreal, British vacuum manufacturer Dyson, and contact lens maker Bausch + Lomb have sued the US government for refunds of tariffs paid under President Donald Trump's emergency trade measures.
Paramount's revised offer might be better than Netflix: Warner Bros
Warner Bros. Discovery (WBD) has revealed that its board is considering a new proposal from Paramount Skydance (PSKY).
Why JPMorgan CEO thinks a 2008-like economic crisis is imminent
JPMorgan Chase CEO Jamie Dimon has warned of potential market risks reminiscent of the pre-2008 financial crisis, drawing parallels with that period.
This AI chip rival of NVIDIA has raised $500M
MatX, a semiconductor start-up founded by two ex-Google hardware engineers, has raised $500 million in its Series B funding round.
Self-driving start-up Wayve secures $1.2B from NVIDIA, Microsoft, others
Wayve, a leading player in the autonomous driving space, has raised $1.2 billion in its latest funding round.
Why Tata Sons has delayed N Chandrasekaran's reappointment
Tata Sons executive chairman N Chandrasekaran has sought a deferment of the discussion on his third-term reappointment.
Sensex gains nearly 600 points: What's behind today's rally?
The Indian stock market opened on a positive note today, with the Sensex and Nifty indices witnessing significant gains.
Gold reclaims $5,200, silver nears $90 on safe-haven demand
Gold and silver prices have seen a significant spike during Asian trading hours on Wednesday.
Solar stocks crash 14% as Trump tariffs hit Indian exports
Shares of Indian solar and renewable energy companies have taken a major hit in early trade today. The fall comes after the US imposed heavy countervailing duties on solar imports from India.
Trump imposes steep 126% tariff on solar panels from India
The Donald Trump administration has imposed preliminary tariffs of 126% on solar imports from India.
US judge dismisses Musk's trade secrets case against OpenAI
A US judge has dismissed a lawsuit from Elon Musk's artificial intelligence company, xAI, against rival firm OpenAI.
Who is Arvind KC, OpenAI's new Chief People Officer
OpenAI, the company behind the popular AI model ChatGPT, has hired Arvind KC as its new Chief People Officer.
Before taking an education loan, read this
Navigating the world of education loans in India can be daunting for many students and their families.
What is index fund investing?
Index fund investing is a popular choice for those looking to build long-term wealth without the hassle of active management.
Aditya Birla-backed Bewakoof sees founder exit after 14 years
Prabhkiran Singh, the founder of popular fashion brand Bewakoof, has announced his decision to step down from the company. He will continue in his role till the end of March 2026.
Deepinder Goyal's LAT Aerospace buys robotics start-up Sharang Shakti
Deepinder Goyal's aviation venture LAT Aerospace has acquired Gurugram-based defense robotics start-up Sharang Shakti.
AI fears batter IT stocks, Nifty IT down 21% monthly
The Nifty IT index has plunged over 5% today, marking the fifth consecutive session of decline.
Livspace CBO quits amid 1,000+ layoffs, co-founder exit
Lalit Mittal, the Chief Business Officer (CBO) of Livspace, has resigned from his position.
'Doomsday' report rattles global markets, predicts economic collapse
The global economy has had a rollercoaster ride this year, and a new 'doomsday' report is only adding to the turmoil.
Paytm launches silver savings, allows investments starting at ₹20
Paytm has launched a new feature called 'Paytm Silver,' allowing users to invest in silver through its app. The company hopes this will make asset-based savings more accessible.
FedEx sues US government, seeks refund for illegal Trump tariffs
FedEx has sued the US government, seeking a "full refund" for tariffs imposed by President Donald Trump.
IBM shares tank 13% as Anthropic's AI threatens legacy systems
International Business Machines (IBM) saw its shares tank by nearly 13.2% to $223.35 per share on Monday.
Gilt funds: What they are actually
Gilt funds are a popular investment option for those looking to invest in government securities.
Sensex slips over 500 points, investors lose ₹3 trillion
The Indian stock market opened on a bearish note today, with the Nifty 50 and Sensex witnessing a major slump.
Paramount raises bid for Warner Bros Discovery to counter Netflix
Paramount Skydance has upped its offer for Warner Bros Discovery in a strategic move to thwart the latter's deal with Netflix.
Trump weighs new tariffs on batteries, chemicals, telecom gear
US President Donald Trump is considering a fresh round of national security tariffs on some six sectors.
Anthropic opens $6B employee share sale at $350B valuation
Anthropic has announced a secondary share sale for its current and former employees.
MobiKwik gets BSE approval to start stock broking business
Fintech giant MobiKwik has announced that its wholly-owned subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), has received approval from the Bombay Stock Exchange(BSE) to start a stock broking business.
Have an inoperative account? EPFO will refund your money
In a major development, the Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative Employees' Provident Fund Organisation (EPFO) accounts.
HCL, Foxconn to train engineers for India's semiconductor sector
HCL Group and Foxconn are teaming up to develop a skilled workforce for India's semiconductor ambitions.
UP bags investments worth ₹6,650cr in Singapore
Uttar Pradesh Chief Minister Yogi Adityanath has signed three memoranda of understanding (MoUs) worth ₹6,650 crore during his visit to Singapore.
Urban Company-owned rapid-response service InstaHelp now has 50,000 daily users
Urban Company has announced that its rapid-response service, InstaHelp, has crossed 50,000 daily bookings in less than a year since its pilot launch in March 2025.
What are real estate investment trusts?
Real Estate Investment Trusts (REITs) have emerged as a popular investment option in India, giving investors a chance to invest in real estate without having to buy property.
Carlsberg plans $700M IPO of Indian unit
Danish brewer Carlsberg is gearing up for a major move in India.