Business News
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Airline, travel stocks crash as Iran-Israel conflict disrupts air travel
Escalating tensions in West Asia have led to a significant drop in shares of airline companies and travel-related service providers.
L&T aims to generate $1 billion annual revenue from data centers
Larsen & Toubro Ltd (L&T) plans to generate $1 billion in annual revenue from its data centre business by 2030, targeting a build of 350MW operational capacity.
AI is making work less mentally draining, but not easier
A senior tech worker revealed that while artificial intelligence (AI) has automated 75% of their tasks, the workload has increased due to rising output expectations.
Why Tejas Networks's stock has jumped 60% in 4 days
Tejas Networks' shares have soared by 60% over four consecutive sessions, driven by a new manufacturing deal with NEC and strong trading volumes.
L&T shares fall nearly 7% on Iran war worries
Larsen & Toubro's shares fell over 5% due to escalating geopolitical conflicts and a surge in crude oil prices, impacting large infrastructure and engineering firms.
Petcare startup Supertails hits ₹100 crore revenue milestone
Petcare startup Supertails reported a 68% increase in operational revenue, crossing Rs 100 crore in FY25, while experiencing a surge in losses by 28%.
India's manufacturing sector hits 4-month high: PMI
India's factory activity surged to a four-month high in February, driven by robust domestic demand, despite a slowdown in export growth, as per the HSBC India Manufacturing PMI.
Jamie Dimon warns AI could cause mass unemployment
JPMorgan Chase's CEO, Jamie Dimon, has warned about potential job displacement due to artificial intelligence (AI), urging immediate preparation.
SEBI just deleted 1.2L+ posts by 'finfluencers' giving bad investment advice
SEBI has eliminated over 1.2 lakh misleading social media posts by unregistered financial influencers and is employing an AI tool, 'Sudarshan', for digital surveillance.
Fino Payments Bank CEO arrested over ₹3,000cr GST evasion
Shares of Fino Payments Bank plunged by up to 14% after the arrest of its CEO, Rishi Gupta, under GST law.
Rupee slips past ₹91 amid oil fears, geopolitical tensions
The Indian rupee has breached the ₹91 per US dollar mark for the first time in a month.
Oil prices surge 13% to 14-month high amid US-Iran war
Oil prices have surged by 13% to their highest levels in 14 months, following an escalation of attacks by US-Israel on Iran.
Gold, silver prices soar amid US-Iran war
Gold and silver prices have witnessed a significant spike due to the escalating tensions between the United States and Iran.
Iran-Israel conflict: Sensex crashes over 1,000 points in early trade
The Indian stock market opened on a negative note today, with the BSE Sensex crashing by over 1,000 points in early trade. The fall was witnessed across all sectors.
Bitcoin holds near $66,500 as Iran crisis escalates
Cryptocurrency traders brace for potential risks as escalating US-Iran tensions and surging oil prices threaten to impact the digital asset market.
Indian bond yields rise as West Asia tensions escalate
Indian bonds fell by 2 basis points due to escalating geopolitical tensions in West Asia, leading to a surge in global oil prices.
Iran tensions may hit India's $4.5B tech exports to Gulf
The regional tensions involving Iran could have a major impact on India's electronics and tech exports worth $4.5 billion to the Gulf region.
Iran-Israel tensions send shockwaves to global oil markets
Emerging-market currencies and stocks in Asia experienced a slump due to escalating Iran-Israel conflict and rising oil prices.
Sensex tanks over 1,000 points as US-Iran tensions escalate
Indian equities, including Sensex and Nifty, experienced significant drops as global markets reacted to escalating conflict in West Asia.
Apple shuts UAE offices, stores amid Israel-Hamas war fallout
Apple has temporarily shut its UAE corporate offices and five retail stores due to escalating Middle East tensions, following government advice for remote operations.
Aluminum prices soar amid Iran's missile threat to Gulf nations
Aluminium prices have spiked due to concerns that the escalating conflict between the US and Iran could disrupt crucial supply channels in the Middle East.
SEBI just introduced new rules for mutual funds: Here's how
SEBI has recently implemented measures to protect mutual fund investors by curbing portfolio overlaps, requiring AMCs to disclose monthly category-wise portfolio overlap levels.
Rajputana Stainless to launch ₹255 crore IPO next week
Rajputana Stainless has set its Initial Public Offering (IPO) price band at ₹116-₹122 per share. Key dates and further issue details have been released.
Shree Ram Twistex lists at 5% premium on BSE
Shree Ram Twistex's shares are set to list on exchanges today, with a flat grey market premium indicating cautious expectations despite the IPO being oversubscribed by 44 times.
SEBI chief Pandey on crypto risks: 'Do your own research'
SEBI Chairman Tuhin Kanta Pandey urges investors to conduct personal due diligence, as the regulator employs AI tools to combat market fraud and streamline information.
Oil prices surge nearly 10% as West Asia conflict escalates
Global oil prices soared nearly 10% due to escalating conflict in West Asia and disruption of oil flows through the Strait of Hormuz.
Gold prices soar as Iran-Israel conflict escalates
Gold and silver prices experienced a significant increase today, nearing $5,400/oz and $96/oz respectively, driven by escalating tensions in the US-Israel-Iran conflict.
Asian stocks mixed as oil prices surge on Iran tensions
Asian equities and US futures experienced a decline as oil prices soared due to escalating tensions between Iran and Israel.
Gold, silver bounce back after early February lows
Precious metals, including gold and silver, have rebounded from early February lows, driven by geopolitical tensions and U.S. economic data.
SEBI goes high-tech in fight against market manipulators, cyber fraudsters
SEBI plans to enhance market surveillance and enforcement against manipulators and cyber fraudsters using technology, including AI, according to Chairman Tuhin Kanta Pandey.
SaaS sector sees record PE activity in Q1 2026
Private equity firms are increasingly acquiring majority stakes in mid-to-late stage SaaS companies, betting on an AI-led industry shakeout that's driving down valuations.
How Iran-Israel conflict is impacting India's economy
The escalating Middle East conflict threatens to disrupt India's IT services sector, already impacted by artificial intelligence, due to potential slowdowns in tech spending.
SEBI's mutual fund overhaul: What are lifecycle funds
Sebi has introduced a comprehensive recategorisation of mutual fund schemes, aiming for greater transparency and easier comparison for investors.
Tata trusts Chandrasekaran's leadership amid business challenges
Tata trustees have unanimously confirmed their support for N Chandrasekaran's reappointment as Tata Sons chairman, despite recent board discussions.
Who is Krishna Rao, Anthropic's 1st CFO
Krishna Rao, Anthropic's CFO of Indian origin, has gained attention for his impressive academic and professional trajectory spanning elite institutions and firms.
Amazon India waives fees on products priced below ₹1,000
Amazon India has once again reduced seller fees, escalating its competition with Meesho and Flipkart by expanding its zero-commission policy to products priced under ₹1,000.
Israel-Iran conflict could impact global fertilizer prices
Rising tensions between Israel and Iran may disrupt fertiliser supplies through the crucial Strait of Hormuz, potentially causing a sharp increase in prices.
'Robot wrangler' is a new tech job in LA
As delivery robots increasingly replace human drivers, former gig workers are finding new employment as 'robot wranglers', maintaining and supervising these autonomous units.
Why Netflix dropped Warner deal for Paramount's $31 per share
Netflix's co-CEO, Ted Sarandos, explains the company's decision to withdraw from the bidding war for Warner Bros., citing pre-planned bidding scenarios and financial discipline.
Glenmark to launch semaglutide ahead of patent expiry
Glenmark Pharmaceuticals is preparing to launch affordable versions of the anti-diabetes and obesity drug, semaglutide, intensifying competition in this rapidly expanding market.
How Israel-Palestine conflict could impact Indian IT companies
The ongoing Middle East conflict and rising oil prices could potentially slow India's IT sector growth to 2-3% in FY27, amidst existing pressures from artificial intelligence.
Adani to manufacture India's longest wind turbine blades
Adani New Industries Ltd (ANIL) is set to produce India's longest onshore wind turbine blades, measuring 91.2 metres, at its Mundra facility in Gujarat.
You can pay customs duty via EMI from April
The Central Board of Indirect Taxes and Customs (CBIC) has launched a new scheme in India, allowing certain manufacturers to defer customs duty payments on imported goods.
350 Indian flights canceled due to Middle East crisis
A total of 350 flights operated by Indian domestic carriers were canceled today, due to airspace restrictions in the Middle East.
Iran conflict delays basmati rice exports, affects prices in India
The ongoing conflict in Iran is causing major disruptions to rice exports from India.
Iran-US conflict raises crude prices, posing risks to Indian economy
The ongoing conflict between the US and Iran has sent crude oil prices rising, raising alarms for India's import-dependent economy.
UPI sets a new record with 728M daily transactions
India's Unified Payments Interface (UPI) has set a new record in February, with an average of 728 million daily transactions.
This port in Tamil Nadu will see investment of ₹15,000cr
The VO Chidambaranar Port (VOC Port) in Tamil Nadu is set to invest ₹15,000 crore in its ambitious Outer Harbour project.
GST collection jumps 8.1% YoY to ₹1.8L crore
India's Goods and Services Tax (GST) collection witnessed a major jump of 8.1% year-on-year (YoY), amounting to ₹1.83 lakh crore in February 2026.
9 top firms lose ₹2.18L crore, Bharti Airtel biggest laggard
The combined market capitalization of nine out of the top 10 most valuable companies in India fell by a whopping ₹2.18 lakh crore last week.
Israel-Iran conflict: Air India cancels 50 international flights
Air India has canceled 50 international flights due to the ongoing crisis in the Middle East.
Bitcoin bounces back after Iranian leader's death
Bitcoin and other cryptocurrencies witnessed a sharp rebound in early Asian trading on Sunday.
US-Iran war: How Indian stock market will be affected tomorrow?
The Indian stock market witnessed a sharp decline on Friday, with both Sensex and Nifty closing more than 1% lower.
Betting on US-Iran conflict seems to be very profitable
The recent US strikes on Iran have triggered a massive surge in trading activity on prediction markets.
IPO calendar: One new issue, nine listings next week
Next week, the primary market will witness just one new public offer. The only company coming up with an IPO is Sedemac Mechatronics.
Polymarket faces backlash for betting on Iran war
Polymarket, a controversial prediction market platform, has been in the spotlight for allowing users to bet on the timing of US attacks on Iran.
Why Netflix doesn't want to acquire Warner Bros. Discovery anymore
Netflix has surprised the entertainment industry by pulling out of its bid to acquire Warner Bros. Discovery.
Micron opens world's biggest semiconductor clean room in Gujarat
Micron Technology has inaugurated its Semiconductor Assembly, Test and Packaging (ATMP) facility in Sanand, Gujarat.
Iran-Israel war: Air India, IndiGo among carriers suspending flights
Air travel has been severely disrupted on February 28 after Israel's strikes on Iran.
FPIs turn net buyers, pump ₹22,600cr into Indian equities
Foreign Portfolio Investors (FPIs) have made a strong comeback in the Indian stock market, turning net buyers in February after three months of continuous outflows.
Warner Bros. Discovery signs $110B merger deal with Paramount Skydance
Warner Bros Discovery has signed a massive $110 billion deal with Paramount Skydance, according to an audio clip reviewed by Reuters.
NSE won't list its IPO on own platform: Here's why
The National Stock Exchange (NSE) won't be listing its shares on its own platform for the upcoming initial public offering (IPO).
₹1.24L crore semiconductor projects underway in Gujarat
Gujarat is fast becoming India's semiconductor hub, with projects worth ₹1.24 lakh crore in the works, Science and Technology Minister Arjun Modhwadia has announced.
Blackstone to launch publicly traded firm to acquire data centers
Blackstone Inc., one of the world's largest alternative investment firms, is launching a publicly traded acquisition company.
Trump seeks delay in tariff refund case after SC ruling
The Trump administration has requested a delay in legal proceedings related to tariff refunds for importers.
US leveraged loans worth $150B at risk from AI: JPMorgan
JPMorgan has warned that the ongoing artificial intelligence (AI) revolution could put as much as $150 billion worth of US leveraged loans at risk.
SpaceX plans $1.75T IPO, could file as early as March
SpaceX is reportedly preparing for a confidential initial public offering (IPO) that could value the company at over $1.75 trillion, according to Bloomberg.
Trump Media in talks to spin off Truth Social
Trump Media & Technology Group (TMTG), the company founded by US President Donald Trump, is considering a major business restructuring.
OpenAI fires employee for using insider info in online betting
OpenAI has terminated an employee over their involvement in prediction markets, including Polymarket, according to WIRED.
OpenAI inks controversial deal as Pentagon cuts ties with Anthropic
OpenAI has signed a deal with the US Department of War to deploy its artificial intelligence (AI) models on their classified networks.
Anthropic to sue Pentagon over 'supply chain risk' label
Anthropic has announced its plan to sue the Pentagon over a recent ruling that classifies it as a supply-chain risk.
Pentagon designates Anthropic as 'supply chain risk,' terminates $200M contract
The Pentagon, through Defense Secretary Pete Hegseth, designated AI start-up Anthropic as a "Supply Chain Risk" after President Donald Trump directed federal agencies to stop using Anthropic's products.
OpenAI raises record $110B from Amazon, NVIDIA, and SoftBank
OpenAI has raised a whopping $110 billion in one of the largest private funding rounds ever. The investment comes from tech giants Amazon, NVIDIA, and SoftBank.
Deepinder Goyal's Temple raises $54M at $190M valuation
Temple, the latest venture of Zomato founder Deepinder Goyal, has successfully raised $54 million in its first funding round.
Proposed US trade deal can be 'rebalanced': Piyush Goyal
India's Commerce and Industry Minister Piyush Goyal has hinted that the proposed trade deal with the US could be "rebalanced" if necessary.
2 more plants to start production after Micron: Ashwini Vaishnaw
India's semiconductor industry is set for a major expansion, with two more plants soon to start commercial production after Micron, and a fourth expected by December-end.
To join Deepinder Goyal's start-up, stay under 16% body fat
Deepinder Goyal, the former CEO of Zomato, has set off a storm on social media with his unusual hiring criteria for Temple, a high-performance wearable start-up.
India's energy demand set to surpass US and China
India's energy demand is expected to outpace that of the US in the 2040s and China in the 2060s, a new report by Shell India has said.
Karachi stock exchange crashes 3,000 points amid Pakistan-Afghanistan war
The Karachi 100 Index (KSE 100 Index) witnessed a major sell-off in its early morning session today, owing to the intensifying conflict between Pakistan and Afghanistan.
Before taking a loan, read this
Navigating the world of loans can be tricky, especially for first-time borrowers in India.
SBI Card rewards won't work the same after April 1
SBI Card has announced major changes to its reward points redemption policy, starting April 1, 2026.
Jack Dorsey's Block lays off half its staff
Jack Dorsey's financial technology company, Block, is laying off nearly half of its workforce.
Mira Murati's AI lab loses 2 founding members to Meta
Thinking Machines Lab, the AI start-up led by former OpenAI CTO Mira Murati, has witnessed another major exit.
Smartphone market to face biggest annual drop. Reason? RAM shortage
The global smartphone market is set to witness a major downturn, with shipments expected to drop by 12.9% this year.
Silver prices gain over ₹8,300 to cross ₹2.68L
Gold and silver prices surged on the Multi Commodity Exchange (MCX) today, as investors closely monitored US-Iran negotiations and tariff-related uncertainties.
PayPal not planning sale despite Stripe acquisition rumors
PayPal is not looking to sell itself, according to Semafor.
Hyundai to invest over $6B in AI, robotics, renewable energy
Hyundai Motor Group has signed a deal with the South Korean government to invest around 9 trillion won ($6.26 billion) in an artificial intelligence (AI) data center, a robot manufacturing facility, and other developments in the country's western coastal region.
Fixed deposit v/s PPF: Which is better for students?
For Indian students, saving for the future is important.
Sensex slips 500 points: What's behind today's decline?
India's benchmark indices, the Sensex and Nifty, witnessed a sharp fall on Friday. The fall was mainly due to a US tech selloff and weak Asian cues.
Paramount wins Warner Bros. Discovery after Netflix exits bidding war
The highly contested bidding war for Warner Bros. Discovery has come to an end, with David Ellison-owned Paramount emerging as the victor.
CBI raids Anil Ambani's residence in bank fraud case
The Central Bureau of Investigation (CBI) has searched the office and residence of Reliance Group chairman Anil Ambani. The action was taken in connection with a case involving Reliance Communications Ltd (RCOM).
World's largest bank prepares for major AI-driven workforce reset
JPMorgan Chase, the world's largest bank by market capitalization, is gearing up for a major shift in its workforce due to artificial intelligence (AI).
'Scary, dangerous' burnout: OpenAI employee quits, raises alarm
Hieu Pham, a technical staff member at OpenAI and former employee of xAI, has announced his resignation from the company.
Chinese boss lays out ₹240cr, employees keep what they count
In an unusual and generous gesture, a Chinese company has turned its annual celebration into a cash giveaway event.
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.
Apple Pay likely to launch in India by mid-2026
Apple is gearing up to launch its payment service, Apple Pay, in India.
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%.