Business News
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India's hospital industry to hit $364.6B by 2034, says report
India's hospital sector is set for transformative growth, driven by capacity expansion, rising insurance penetration, and AI adoption to enhance efficiency and care delivery.
IndiaAI startups await funding as 159cr paused, IP unease persists
Formal agreements under the IndiaAI mission remain unsigned, delaying non-compute funding and raising IP concerns, as startups struggle with operational hurdles.
Government requires platforms to register gig workforce on central portal
The labour ministry has directed aggregators to register gig workers on a central portal within 45 days, ensuring compliance with the Code on Social Security, 2020.
IMF approves $1.32 billion package for Pakistan with climate funds
Pakistan has obtained $1.32 billion in fresh IMF funding, boosting total disbursements to $4.8 billion under ongoing programs aimed at economic stability and reforms.
India's mining sector can generate 25M jobs by 2047
India's mining sector could add $500 billion to the economy and generate up to 25 million jobs by 2047, a report has said.
Why Vodafone Idea has joined hands with PhysicsWallah in India
Vodafone Idea (Vi) has partnered with ed-tech company PhysicsWallah (PW) to offer integrated digital learning support for students in Rajasthan and UP East circle.
4 new labor codes in India are now fully operational
The Indian government has fully implemented four new labor codes, aimed at ensuring a minimum wage and universal social security for all workers.
2 SME IPOs to open for subscription next week
India's primary market is gearing up for a busy week, with two small and medium-sized enterprises (SME) public issues.
FII ownership in Indian equities hits 14-year-low: What's the reason?
Foreign institutional investor (FII) ownership in Indian equities has fallen to its lowest level since June 2012, according to a report by JM Financial's Fundamental Research.
Ola Cabs' losses in FY25 surge to ₹662.4cr
Ola Cabs, one of India's leading ride-hailing services, has reported a massive increase in its consolidated losses for the financial year 2024-25.
Frontier flight aborts takeoff after engine fire at Denver airport
A Frontier Airlines flight was forced to abort its take-off from Denver International Airport late on Friday (local time) after suffering an engine fire and reportedly hitting a pedestrian on the runway.
Truth Social parent reports $400M loss amid crypto value decline
Donald Trump's social media platform, Truth Social, has been hit hard by a massive financial loss.
India Post to let you send letters using digital IDs
India Post is gearing up to revolutionize its delivery system with a new digital address initiative.
Truecaller to cut 15% workforce after revenue and profit decline
Truecaller, the Sweden-based caller ID company, has announced plans to lay off 70 employees or about 15% of its workforce.
Vodafone explores partial stake transfer in India unit
Vodafone Group Plc, the UK-based telecom giant, is mulling a plan to bolster the capital of its Indian subsidiary, according to Bloomberg.
IndiGo, Air India plan 200+ aircraft leases through GIFT City
Major Indian airlines, including IndiGo, Air India, Akasa Air, and Star Air, have announced plans to lease over 200 additional aircraft through their respective leasing arms in Gujarat's GIFT City.
India might become an aerospace manufacturing hub, says Airbus
Airbus has expressed its belief that the proposed India-European Union (EU) trade deal could significantly boost aerospace manufacturing, supply chains, and technology investments in the country.
Why liquor-giant Pernod Ricard is facing antitrust probe in India
Competition Commission of India (CCI) has launched an investigation into French liquor giant Pernod Ricard.
SEBI clears IPOs of Zepto, 5 other firms
The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of six companies, including popular quick commerce player Zepto.
Air India may suspend routes, defer salary hikes
Air India, one of the leading airlines in the country, is considering reducing flight frequencies or even suspending services on certain routes.
Citi downgrades India to 'underweight' amid macro challenges
Citi has downgraded India's stock market rating to 'underweight,' citing persistent macroeconomic and geopolitical challenges.
BlackRock deepens crypto ambitions with 2 new stablecoin-linked funds
BlackRock is set to launch two new money-market funds.
US government nears $400M TikTok settlement over child privacy violations
The US government is close to finalizing a $400 million settlement with TikTok, according to ABC News.
Google's Isomorphic Labs plans to raise more than $2B
Isomorphic Labs, the artificial intelligence (AI) drug discovery start-up spun out of Alphabet Inc's Google DeepMind, is in advanced talks to raise over $2 billion in a new funding round.
This Uber-backed bike rental company has filed for an IPO
Lime, the electric bike and scooter rental company backed by Uber Technologies, has filed for a US initial public offering (IPO).
Oracle just rebuffed negotiation of severance terms by ex-employees
Oracle recently laid off 20,000-30,000 employees via email on March 31. The abrupt termination left many workers shocked and confused.
Bharat Bond ETFs: All about this innovative investment option
Bharat Bond ETFs are an innovative investment option introduced by the Indian government to provide retail investors with an opportunity to invest in bonds through exchange-traded funds.
PPF v/s FD: How to open and operate
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Zepto receives SEBI approval for $1B IPO
Zepto, the quick commerce start-up known for lightning-fast grocery deliveries, has received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to The Economic Times.
Britannia to raise prices, cut packaging amid rising input costs
Britannia Industries, India's leading biscuit manufacturer, has announced plans for selective price hikes and grammage cuts this quarter.
PF withdrawals via ATMs, UPI likely from this month
The Employees' Provident Fund Organization (EPFO) is gearing up to introduce a new feature for its subscribers.
IndiGo becomes 1st airline to operate from Noida International Airport
IndiGo, India's leading domestic airline, has announced its decision to start operations from the newly inaugurated Noida International Airport in Jewar, Uttar Pradesh.
NVIDIA's market cap surpasses India's entire equity market
NVIDIA, a company once known for its gaming chips, has now surpassed the entire Indian equity market in terms of market capitalization.
Swiggy's Q4 loss narrows to ₹800cr, revenue jumps 45%
Swiggy has reported a narrower net loss of ₹800 crore for the quarter ending March 31, 2026. The figure is an improvement from the ₹1,081 crore loss in the same period last year.
KPIT founder Ravi Pandit (76), pioneer in mobility software, dies
Ravi Pandit, the co-founder and long-serving chairman of KPIT Technologies Ltd, has passed away in Pune. He was 76 years old.
India's urban youth unemployment drops below global average
India's urban youth unemployment rate has fallen to 9.9% in 2025, according to a recent report by SBI Research.
Ola Electric shares surge as homegrown EV tech bags certification
Ola Electric's mass-market electric scooter, the S1 X+ (5.2kWh), has been certified under the Central Motor Vehicle Rules (CMVR), 1989.
Tata Trusts board meeting postponed to May 16
The highly anticipated board meeting of the Tata Trusts, originally scheduled for today, has been postponed to May 16.
US probes suspicious $2.6B oil trades tied to Iran announcements
The US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) are investigating over $2.6 billion in suspicious oil trades.
TRAI may fine telcos ₹50L for failing to resolve complaints
The Telecom Regulatory Authority of India (TRAI) has proposed a new mechanism to handle customer complaints.
IndiGo, Air India oppose steep charges at new airports
India's leading airlines, IndiGo and Air India, have opposed the proposed increase in passenger charges by the country's newest airports.
MediaTek deepens India operations with new Noida R&D center
Taiwanese semiconductor giant MediaTek has opened its second research and development (R&D) center in India, this time in Noida.
Air India considers furloughs, bonus delays as losses hit ₹22,000cr
Air India's board has discussed a range of cost-cutting measures, including potential employee furloughs and postponement of bonus payouts, as per a PTI report.
NVIDIA backs AI data center firm IREN in $2B deal
Data center operator IREN has partnered with semiconductor giant NVIDIA to deploy up to 5 gigawatts of the latter's DSX-branded infrastructure designs.
Tim Cook invited to join Trump on China trip
Apple CEO Tim Cook has been invited by the Trump administration to join a high-profile delegation of CEOs on a trip to China next week, Semafor reports.
Former OpenAI executives paint troubling picture of Sam Altman's leadership
The ongoing trial between Elon Musk and OpenAI CEO Sam Altman has put the latter's leadership style under a microscope.
ED arrests Gameskraft founders in money laundering case
The Enforcement Directorate (ED) has arrested Deepak Singh, Prithvi Raj Singh, and Vikas Taneja, the founders of online gaming company Gameskraft.