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Business News

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21 Apr 2026
TL;DR

Gwynne Shotwell earned $85.8 million in 2025, per IPO prospectus

In 2025, SpaceX President Gwynne Shotwell earned a whopping $85.8 million, dwarfing CEO Elon Musk's modest salary of $54,080.

21 Apr 2026
TL;DR

Biocon shares rise after Health Canada approves Bosaya and Vevzuo

Biocon Ltd.'s shares increased after Health Canada approved two of its denosumab biosimilars for treating osteoporosis and cancer-related bone conditions.

21 Apr 2026
TL;DR

Anthropic CPO Mike Krieger exits Figma board before Opus 4.7

Mike Krieger, Anthropic's Chief Product Officer and Instagram co-founder, resigned from Figma's board amid escalating AI-software competition.

21 Apr 2026
TL;DR

Bitcoin tops $76,000 as firm strategy buys over $2.5B

Bitcoin's value surged past $76,000 due to strong institutional demand and economic uncertainty. Investors are advised to focus on key indicators like jobs data and PMI readings.

21 Apr 2026
TL;DR

Sensex climbs 502 points to 79,022 as Nifty rises 24,495.75

The stock market witnessed a sharp rise today, driven by falling crude oil prices and potential US-Iran peace talks, boosting investor sentiment.

21 Apr 2026
TL;DR

SpaceX readies $75B IPO with analyst meetings and retail allocation

SpaceX is hosting a three-day analyst meeting this week, aiming to raise $75 billion in a historic Initial Public Offering (IPO), according to sources.

21 Apr 2026
TL;DR

Rupee drops to 93.32 as dollar strengthens, RBI eases rules

The Indian rupee fell 16 paise to 93.32 against the US dollar in early trading on Tuesday, influenced by a firm American currency and eased restrictions on speculative bets.

21 Apr 2026
TL;DR

Adani Enterprises to report Q4 and FY26 results, consider dividend

Adani Enterprises is set to declare its Q4 results for FY26 next week. The board will also consider a dividend and fundraising proposal during this meeting.

21 Apr 2026
TL;DR

India and US near trade deal during Washington talks

India and the US are close to finalizing a bilateral trade agreement, with only a few issues remaining unresolved. The discussions have been described as positive and productive.

21 Apr 2026
TL;DR

NELCO shares jump 13% after March quarter 1.1 cr profit

NELCO Ltd., a Tata Group company, saw its shares surge by 13% following a return to profitability in Q4, marking the stock's biggest single-day gain since December 2024.

21 Apr 2026
App Store

From 1998 to 2026: Here's Tim Cook's journey at Apple

Tim Cook, the man who turned Apple into a tech giant, is stepping down as CEO after 15 years in the role. On September 1, he will hand over the reins to John Ternus.

21 Apr 2026
TL;DR

UN forecasts India economy growth at 6.4% 2026, 6.6% 2027

The United Nations projects India's economy to grow by 6.4% in 2026 and 6.6% in 2027, driven by robust consumption and export frontloading.

21 Apr 2026
TL;DR

Tim Cook to leave Apple CEO role September 1

After a successful 15-year tenure as Apple's CEO, Tim Cook boasts a net worth of approximately $2.9 billion, largely tied to Apple stock.

21 Apr 2026
TL;DR

Rupee slips to 93.31 against US dollar after RBI rollback

The Indian rupee opened weaker against the US dollar due to policy changes by the Reserve Bank of India and ongoing geopolitical uncertainties.

21 Apr 2026
TL;DR

South Korea's Kospi hits record as AI drives tech rally

South Korean and Taiwanese stocks hit record highs as investors refocus on the AI sector, shrugging off concerns over the Iran war.

21 Apr 2026
TL;DR

E2E Networks announces 1-for-10 split to boost trading and affordability

E2E Networks' board has approved a 1:10 stock split to enhance liquidity and retail participation, while continuing its growth strategy.

21 Apr 2026
Apple

Who is John Ternus, Apple's new CEO replacing Tim Cook?

Apple has announced that John Ternus will succeed Tim Cook as the new CEO on September 1, 2026.

21 Apr 2026
Jeff Bezos

Jeff Bezos's AI venture seeks $10B funding at $38B valuation

Jeff Bezos's artificial intelligence (AI) venture, Project Prometheus, is on the verge of securing a massive $10 billion in funding. If successful, this would value the start-up at an impressive $38 billion.

21 Apr 2026
TL;DR

Tim Cook stepping down as Apple CEO, John Ternus succeeds

Apple announces a major shift in leadership as CEO Tim Cook steps down, prompting OpenAI's CEO Sam Altman to laud him as a 'legend'.

India's fertiliser output hits 5-year low amid input shortages

India's fertilizer production has plummeted to a five-year low in March, declining by a whopping 24.6% year-on-year.

21 Apr 2026
Amazon

Amazon to invest $25B in Anthropic

Amazon has announced its plan to invest up to $25 billion in artificial intelligence (AI) start-up Anthropic.

21 Apr 2026
TL;DR

Punjab CM Bhagwant Mann pitches Mohali as NXP R&D hub

Punjab Chief Minister Bhagwant Mann, during his Netherlands tour, invited technology giant NXP Semiconductors to establish a research and development centre in Mohali.

21 Apr 2026
TL;DR

Oil falls as US Navy seizure clouds Iran ceasefire talks

International oil prices fell on Tuesday as traders anxiously await news on the extension of the US-Iran ceasefire and upcoming peace talks.

21 Apr 2026
TL;DR

West Asia conflict cuts India fertilizer output 24.6% in March

India's fertiliser production in March plummeted to a five-year low due to input shortages caused by the West Asia war. This led to a 0.4% contraction in the core sector index.

21 Apr 2026
Apple

Tim Cook steps down after transforming Apple into $4T giant

Tim Cook, the current CEO of Apple, will step down from his position on September 1. He has been at the helm since 2011 after succeeding Steve Jobs.

21 Apr 2026
TL;DR

Brent down 1.1% as Iran signals US talks before ceasefire

Oil prices fell by 1.1% as Iran considers attending negotiation talks with the US in Islamabad, potentially easing tensions in the global energy market.

21 Apr 2026
TL;DR

Oil prices dip as United States and Iran consider truce

Oil prices fell on Tuesday as investors anticipate potential US-Iran peace talks, which could increase Middle Eastern oil supply.

21 Apr 2026
TL;DR

Tim Cook to leave Apple CEO role September 1 2026

Tim Cook, stepping down as Apple CEO after 15 years, leaves a legacy of a 20-fold increase in market capitalization and quadrupled sales.

21 Apr 2026
TL;DR

SBI aims for 25% of India's GDP balance-sheet by 2030

State Bank of India (SBI) plans to increase its balance-sheet size to approximately 25% of India's GDP by 2030, up from the current 20%.

21 Apr 2026
TL;DR

Kalaari Capital backs NudgeBee with $3 million to automate FinOps

AI platform NudgeBee has garnered $3 million in a funding round led by Kalaari Capital. The funds will be used to enhance its core platform and expand enterprise sales.

21 Apr 2026
TL;DR

Bank of Maharashtra Q4 net profit rises 35% to ₹2,014cr

Bank of Maharashtra's net profit surged 35% to ₹2,014 crore in Q4 FY26, driven by robust loan growth in retail, agriculture and MSME sectors.

21 Apr 2026
TL;DR

India's champagne rebound could accelerate with EU deal cutting duties

India's growing appetite for premium spirits boosts the champagne market, with expected duty cuts under a proposed India-EU trade deal promising further growth.

21 Apr 2026
TL;DR

Pocket FM doubles annual revenue run rate past $400 million

Pocket FM's COO Lalit Gangwar attributes the platform's significant growth to its innovative use of microtransactions and AI in content creation.

21 Apr 2026
TL;DR

Gold ETFs attract ₹68,867 cr in FY26 amid market jitters

Net inflows into gold exchange-traded funds (ETFs) soared to a record ₹68,867 crore in FY26, marking a 364% year-on-year increase.

21 Apr 2026
TL;DR

India's major private banks face CEO succession by end 2027

India's top private banks are preparing for a leadership transition, with the terms of several CEOs ending in 2026 and 2027.

21 Apr 2026
TL;DR

Jio Financial Services adds personal loans and 50+ credit cards

Jio Financial Services plans to leverage its recently launched marketplace to sell high-risk products and credit cards, according to CEO Hitesh Sethia.

21 Apr 2026
TL;DR

NSE IPO could improve 3 insurers' solvency by almost 1pt

The upcoming National Stock Exchange (NSE) listing could unlock around ₹12,000 crore for three state-run insurers, significantly enhancing their solvency ratios.

21 Apr 2026
TL;DR

Gold steady at $4,830 as US and Iran talks loom

Gold prices stabilize as traders anticipate the outcome of the upcoming US-Iran peace negotiations, amidst ongoing global energy supply disruptions.

21 Apr 2026
TL;DR

Tim Cook becomes Apple executive chairman as John Ternus CEO

Tim Cook, transitioning to Executive Chairman from September 1, expressed his optimism for Apple's future and confidence in John Ternus, the new CEO, in a memo to employees.

21 Apr 2026
TL;DR

Apple names John Ternus CEO as Tim Cook executive chairman

John Ternus, a long-time hardware chief at Apple, has been named the successor to Tim Cook as CEO. Cook will transition to the role of executive chairman.

21 Apr 2026
TL;DR

NVIDIA's Jensen Huang vows to sell AI chips to China

Nvidia CEO, Jensen Huang, displayed a fiery reaction during a podcast when questioned about the potential national security risks of selling advanced AI chips to China.

21 Apr 2026
TL;DR

Stocks dip after Iran threat and US seized Iranian ship

The Nasdaq Composite ended its 13-day winning streak, slipping 0.3%, while the S&P 500 and Dow Jones also edged lower as renewed Middle East tensions rattled investor sentiment.

21 Apr 2026
TL;DR

West Asia crisis strains India economy and spurs energy diversification

India is escalating its domestic oil and gas production in response to the ongoing crisis in West Asia, according to Reserve Bank of India Governor Sanjay Malhotra.

21 Apr 2026
TL;DR

Kevin Warsh pledges Fed independence at upcoming Senate hearing

Kevin Warsh, President Trump's nominee for Federal Reserve Chair, is set to affirm his commitment to central bank independence on interest rates at a crucial confirmation hearing.

21 Apr 2026
TL;DR

US dollar dips against euro on Iran peace talk optimism

The US dollar fell against the euro as traders expressed optimism over potential peace talks between the US and Iran, despite recent tensions.

21 Apr 2026
TL;DR

California AG Rob Bonta accuses Amazon of price collusion

California's attorney general alleges that newly released emails reveal Amazon colluding with other companies to raise online product prices.

21 Apr 2026
TL;DR

Despite AI and geopolitical tensions, Indian firms hire senior talent

Despite geopolitical tensions and AI disruptions, Indian firms continue to hire for leadership roles, although decision cycles have slightly lengthened.

20 Apr 2026
Reliance Communications

Why CBI has arrested 2 executives of Reliance Communications 

The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications, a company controlled by Anil Ambani.

20 Apr 2026
Groww

Peak XV's former MD Ashish Agrawal exits Groww board

Ashish Agrawal, a key player in Groww's early-stage funding at Peak XV Partners, has announced his resignation from the company's board.

Royal Stag, Chivas Regal maker is planning IPO in India

Pernod Ricard SA, the company behind popular brands such as Absolut vodka and Chivas Regal whisky, is said to be gearing up for an initial public offering (IPO) of its Indian business.

Nashik harassment case: 4th survivor accuses TCS of ignoring complaints

A fourth victim has come forward in the alleged sexual harassment and forced religious conversion case at a Tata Consultancy Services (TCS)-affiliated BPO in Nashik.

20 Apr 2026
Odisha

JSW, Korea's POSCO to set up steel plant in Odisha

JSW Steel and South Korea's POSCO Group have announced a joint venture to build a greenfield integrated steel plant in Odisha.

20 Apr 2026
India

India's core sector output contracts in March

India's core sector output contracted by 0.4% year-on-year (YoY) in March, the first decline in five months.

20 Apr 2026
Delhi

Delhi consumers may see higher electricity bills: Here's why

Delhi's electricity consumers could be facing a hike in their power bills, thanks to a recent decision by the Appellate Tribunal for Electricity (APTEL).

20 Apr 2026
Karnataka

Liquor stocks jump 3.5% as Karnataka mulls new tax

Shares of liquor companies, including Tilaknagar Industries, Radico Khaitan, and United Breweries, surged up to 3.5% on Monday.

20 Apr 2026
Bitcoin

Digital art tokens: What they are actually

Digital art tokens, or non-fungible tokens (NFTs), are making waves in the art world, giving artists and collectors a new way to trade.

20 Apr 2026
Lenskart

Lenskart shares dip amid ongoing religious symbol controversy

Lenskart Solutions, a leading eyewear retailer, witnessed a nearly 5% drop in its shares on Monday.

You can now check your CIBIL score on BHIM app

In a major development, TransUnion CIBIL has integrated its consumer credit scores and Credit Information Reports (CIR) into the BHIM Payments App.

20 Apr 2026
Insurance

Visa rejected? New insurance covers trip losses for travelers

Leading travel services firm Thomas Cook (India) Ltd and its group company SOTC Travel have launched a new insurance product to protect travelers from losses due to visa rejections.

20 Apr 2026
Narendra Modi

India, South Korea target $50B in bilateral trade by 2030

India and South Korea have announced plans to upgrade their Comprehensive Economic Partnership Agreement (CEPA).

20 Apr 2026
Maharashtra

Why Maharashtra cab drivers have gone on indefinite hunger strike

Thousands of app-based cab drivers in Maharashtra have gone on an indefinite hunger strike, starting today.

20 Apr 2026
Swiggy

Why Swiggy shifted its headquarters to Whitefield in Bengaluru

Swiggy, a leading player in the food and grocery delivery space, has moved its corporate headquarters from Bellandur to Whitefield in Bengaluru.

20 Apr 2026
Hyundai

Hyundai's labor union seeks 30% of profit as bonuses

Hyundai Motor Group's labor union in South Korea has made a major demand for a performance bonus.

20 Apr 2026
Gurugram

Fake Mounjaro anti-diabetes injections worth ₹56L seized in Gurugram

The Gurugram unit of the Drugs Control Department has busted a racket selling counterfeit anti-diabetes injections.

20 Apr 2026
Reliance Jio

Bharti Airtel's 1.5GB data/day plan now costlier: Check new rate

Airtel has quietly increased the price of its popular 1.5GB daily data plan for prepaid users.

20 Apr 2026
Meta

Tech layoffs hit 73,000 in 2026; Meta plans 8,000 cuts

The tech industry is witnessing a major wave of layoffs in 2026, with more than 73,000 jobs cut in just three months.

20 Apr 2026
Europe

India's power-transmission sector eyes ₹9L crore capex boom by 2032

India's transmission and distribution (T&D) sector is gearing up for a major growth phase, with an estimated capital expenditure of around ₹9 lakh crore by 2032.

20 Apr 2026
Maharashtra

Legal scrutiny for Tata Trusts over perpetual trustee appointments

Tata Trusts is under scrutiny over its ongoing trustee appointments.

20 Apr 2026
Groww

Groww's Q4 profit jumps 122% to ₹686cr; revenue up 87%

Billionbrains Garage Ventures, the parent company of Groww, has reported a massive 122% year-on-year jump in its consolidated net profit for the March-ended quarter.

Razorpay set for confidential IPO filing at $5B valuation

Razorpay, a leading fintech unicorn, is gearing up to confidentially file for an initial public offering (IPO) in the coming weeks, according to The Economic Times.

Don't have PAN, taxable-income? File this form before going abroad

If you're a person domiciled in India planning to travel abroad and don't have a PAN or taxable income, you must file 'Form 157' with the Income Tax department.

20 Apr 2026
India

Are Modi government's data center incentives harming local cloud players?

India's recent tax incentives for global data center investments are showing early signs of demand.

20 Apr 2026
Reserve Bank Of India (RBI)

You cannot exchange old ₹500 and ₹1,000 notes anymore

The Reserve Bank of India (RBI) has not issued any new guidelines for exchanging old ₹500 and ₹1,000 currency notes.

20 Apr 2026
Donald Trump

Trump tariff refunds kick off: Who qualifies?

The US government is initiating a major tariff refund process, following a Supreme Court ruling that invalidated duties imposed by President Donald Trump.

20 Apr 2026
Indian Government

Adani Power hits all-time high on nuclear energy push

Shares of Adani Power surged over 3% to an all-time high of ₹205.35 today. The spike comes after its subsidiary, Adani Atomic Energy, incorporated Coastal-Maha Atomic Energy (CMAEL).

Digital gold via UPI hits record transactions in March

Digital gold purchases through Unified Payments Interface (UPI) have witnessed a massive surge in March 2026.

20 Apr 2026
Iran

Sensex rebounds 650 points as markets shrug off US-Iran tensions

The Indian stock market has witnessed a significant recovery today, with the Sensex and Nifty trading in the green.

20 Apr 2026
Abu Dhabi

Japan's auto sector hit by aluminium shortage amid US-Iran war

Japan's auto industry is facing a major crisis as supply cuts from the Middle East have triggered an aluminium shortage.

20 Apr 2026
ICICI Bank

ICICI Bank shares surge on strong March quarter results

ICICI Bank's shares rose by 1.6% to ₹1,368 in early trade today, following the bank's March quarter earnings that surpassed market expectations.