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Microsoft to hire more employees for AI-centric roles
Microsoft CEO Satya Nadella reveals plans to increase the company's workforce, with a strategic focus on AI-powered roles and automation.
Air India to resume flights to Shanghai after 5-year gap
Air India has obtained regulatory approval to operate direct flights from India to China, with services expected to commence in December.
What's buzzing on Dalal Street this week? Find out
India's fintech sector is set for a busy week with Groww's Rs 6,632 crore IPO leading the charge among offerings worth around Rs 6,800 crore.
Nexperia China says it can keep making chips
Nexperia's China branch reassures it has 'sufficient inventories' and a secure supply chain, following the suspension of wafer supplies by its Dutch parent company.
Odisha to get its 1st semiconductor manufacturing facility
Odisha's Chief Minister inaugurated the country's first silicon carbide semiconductor production plant, marking a significant milestone in semiconductor manufacturing.
Gold's recent rally pauses as US dollar flexes its strength
Today, gold price holds steady at $4,015 per ounce as Federal Reserve policy and US-China trade tensions contribute to market consolidation.
China pauses rare earth export restrictions after US talks
China will suspend additional export controls on rare earth metals and cease investigations into US semiconductor companies, as part of a recent trade agreement.
Chennai Port to invest ₹8,000cr in outer harbor project
Chennai Port Authority is set to revive its massive outer harbour project, costing ₹8,000 crore, aimed at increasing capacity and reducing logistics time.
Urban Company's Q2 results: Net loss surges to ₹59cr
Urban Company, a leading player in the home services sector, has reported a widened net loss of ₹59.3 crore for the second quarter of FY25-26.
RBI says ₹2,000 notes worth ₹5,817cr are still in circulation
The Reserve Bank of India (RBI) has revealed that high-value ₹2,000 notes worth a whopping ₹5,817 crore are still in circulation.
GST collections rise 4.6% to ₹1.96L crore in October
India's Goods and Services Tax (GST) collections increased by 4.6% in October, reaching ₹1.96 lakh crore.
Buying gold in China is about to become costlier
China has announced the end of a major tax break on gold purchases from the Shanghai Gold Exchange.
China will allow some Nexperia chips to be exported
China has announced that it will exempt some Nexperia chips from an export ban.
Pine Labs has clocked its first quarterly net profit
Pine Labs, a leading online payments company, has reported its first-ever quarterly net profit in the June quarter of FY26.
IPO alert: Pine Labs plans to raise ₹2,080cr via fresh-issue
Fintech giant Pine Labs is set to launch its initial public offering (IPO) on November 7. The company plans to raise ₹2,080 crore through a fresh issue of shares.
UPI hits record 21B transactions in October
India's Unified Payments Interface (UPI) has set a new record by processing 20.7 billion transactions in October 2025.
Staffing woes, government shutdown cause widespread flight delays across US
The US is witnessing major flight delays due to a shortage of air traffic controllers.
US tariffs on imported trucks and buses come into effect
The US has imposed new tariffs on imports of medium- and heavy-duty trucks.
Judge blocks Trump's plan requiring citizenship proof for voter registration
A federal judge has ruled against President Donald Trump's proposal to require documentary proof of citizenship on federal voter registration forms.
Berlin airport resumes operations after shutdown triggered by drone sighting
Berlin Brandenburg Airport temporarily halted flights for nearly two hours.
Who's Bankim Brahmbhatt, Indian-origin CEO BlackRock accuses of $500M fraud?
Bankim Brahmbhatt, an Indian-origin businessman and the CEO of US-based telecom companies Broadband Telecom and Bridgevoice, has been accused of a multi-million-dollar fraud by American investment giant BlackRock.
Did GTA-6 developer fire employees for trying to form union?
Rockstar Games, the company behind the highly-anticipated Grand Theft Auto VI (GTA VI), has come under fire for its recent mass firings.
NVIDIA CEO Jensen Huang has sold company shares worth $1B
NVIDIA's Chief Executive Officer Jensen Huang has sold over $1 billion worth of the company's shares since June.
This Flipkart-backed logistics company wants to raise ₹2,000cr via IPO
Shadowfax Technologies, a logistics company backed by Flipkart, TPG, and Qualcomm, has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI).
IPOs worth ₹1.1L crore lined up for November-December
The primary market in India is witnessing a massive surge with over ₹1.13 lakh crore worth of initial public offerings (IPOs) lined up for November and December.
LiDAR maker Luminar cuts 25% of workforce amid cash crunch
LiDAR manufacturer Luminar has warned its shareholders about an impending cash shortage in early 2026.
FPIs return with ₹14,610cr inflow after 3 months of selling
Foreign Portfolio Investors (FPIs) have made a net purchase of equities worth ₹14,610 crore in October.
Why AI start-up Perplexity and Getty Images have joined hands
AI search start-up Perplexity has signed a multi-year licensing agreement with Getty Images. The deal allows Perplexity to use Getty's images in its AI-powered search and discovery tools.
India's fiscal deficit widens to ₹5.73L crore in H1 2025
India's fiscal deficit for the first half of the current financial year has widened to ₹5.73 lakh crore, or 36.5% of annual estimates, according to government data.
Banks shift to ".bank.in" domain to boost cybersecurity
The Reserve Bank of India (RBI) has issued a new directive, mandating all banks to migrate their official websites to the ".bank.in" domain.
Delhi family spends ₹380cr on flats to create mega home
In a record-breaking deal, a Delhi-based business family has bought four luxury apartments in an under-construction super-luxury tower of DLF's "The Dahlias" project in Gurugram.
What led to unexpected surge in India's festive season spending?
India's festive season has seen an unexpected surge in spending and consumption, much to the surprise of various industries.
How SEBI's new rules will reshape Nifty Bank index
The Securities and Exchange Board of India (SEBI) has announced new eligibility criteria, mainly affecting the Nifty Bank index.
Lenskart IPO fully subscribed within hours: Check pros and cons
Lenskart's initial public offering (IPO) has been fully subscribed on its first day, thanks to strong demand from institutional and retail investors.
Amazon CEO says 14,000 layoffs driven by culture, not AI
Amazon CEO Andy Jassy has clarified that the company's recent decision to lay off 14,000 employees is not a cost-cutting measure or an AI-driven move.
Why rare-earth minerals are at center of US-China trade war
Rare earth minerals, a group of 17 metallic elements including scandium, yttrium, and lanthanides, have become a major point of contention in the US-China trade war.
Netflix hires bank to explore Warner Bros Discovery acquisition
Netflix is said to be considering a bid for Warner Bros. Discovery's studio and streaming operations.
Amazon's Q3 profit jumps 38% to $21B on consumer spending
Amazon has reported a massive 38% jump in its profit to $21.2 billion for the third quarter of 2025, beating analyst expectations.
Palantir sues ex-employees for starting rival AI company
Palantir Technologies has filed a lawsuit against two of its former senior engineers, Radha Jain and Joanna Cohen.
Ford to revive Chennai plant with ₹3,250cr investment
Ford is gearing up to resume manufacturing at its Chennai facility with a massive investment of ₹3,250 crore.
NVIDIA is considering $1B investment in AI platform Poolside
NVIDIA, a leading player in the semiconductor industry, is said to be considering a major investment in Poolside, which builds artificial intelligence (AI) models for software development.
Air India seeks $1B bailout from owners after deadly crash
Air India is seeking a financial lifeline of at least ₹100 billion ($1.14 billion) from its owners, Singapore Airlines and Tata Sons, according to Bloomberg News.
Intel in talks to acquire this AI chipmaker
Intel is reportedly in preliminary talks to acquire artificial intelligence (AI) chipmaker SambaNova Systems.
Apple's India revenue hits new high thanks to iPhone 17 sales
Apple has announced a record-breaking revenue in India, coinciding with its highest-ever global sales of $102.5 billion in the September quarter.
Lenskart's ₹7,278cr IPO now open: Should you bid?
Lenskart, a leading eyewear brand in India, has launched its initial public offering (IPO) today.
Apple records $102B Q4 revenue, profit surges 86% to $27.5B
Apple has reported its fiscal fourth-quarter earnings, exceeding expectations and painting a positive picture for the upcoming December quarter.
India sees highest‑ever IPO fundraising at ₹46,000cr in October
India's primary market has witnessed an unprecedented surge in October, with 14 initial public offerings (IPOs) hitting the market.
Forget cars! Suzuki's latest bestseller in Japan is Indian curry
Suzuki Motor Corporation, the Japanese parent company of Maruti Suzuki, has made a surprising entry into Japan's packaged food market.
AI boom makes billionaires richer, but mostly in the West
The current artificial intelligence (AI) boom is making billionaires richer across the globe. However, the trend is more pronounced in Western countries than in Asia.
China approves TikTok transfer deal after Trump-Xi meeting
China has approved the transfer agreement for popular short video app TikTok, US Treasury Secretary Scott Bessent confirmed on Thursday.
PhysicsWallah may launch ₹3,820cr IPO within weeks
Leading Indian edtech company, PhysicsWallah, is gearing up for an initial public offering (IPO) worth ₹3,820 crore, according to Bloomberg.
Swiggy delivers ₹1,092cr Q2 loss, up 74% from last year
Food and grocery delivery platform Swiggy reported today that its net loss for Q2 FY26 widened 74.4% year-on-year, rising to ₹1,092 crore from ₹626 crore in the same quarter last year.
Hyundai India's Q2 profit rises 14% to ₹1,572cr
Hyundai Motor India has reported a 14% increase in its consolidated net profit for the second quarter of FY2026.
SHEIN, Temu dominate Southeast Asia's e-commerce market
Chinese e-commerce giants have quickly taken over the online shopping market in Southeast Asia, a new report by consulting firm Bain & Company has revealed.
Microsoft's Xbox hardware revenue drops 30%
Microsoft's latest earnings report for the quarter ending September 30 has revealed a major hit to its Xbox division.
Meta's hardware division has lost over $70B since 2020
Meta's Reality Labs division has posted a massive loss of $4.4 billion in Q3 on $470 million in sales.
Federal Reserve cuts interest rates as US economy faces uncertainties
The US Federal Reserve has cut its key interest rate for the second time this year, in a bid to stimulate economic activity and revive a sluggish labor market.
PhonePe secures $600M investment from General Atlantic ahead of IPO
Walmart-backed fintech giant PhonePe has secured a $600 million investment from General Atlantic (GA). The funding doubles GA's stake in the company from 4.4% to 9%.
Samsung's Q3 profit surges 32% to $8.6B on chip demand
Samsung Electronics has reported a whopping 32% rise in its operating profit for the third quarter of 2025. The income stood at 12.2 trillion won ($8.6 billion).
OpenAI plans $60B IPO, aims for a whopping $1T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is preparing for a massive initial public offering (IPO). The move could value the company at as much as $1 trillion.
Meta's Q3 revenue hits record $51B amid lavish AI spending
Meta has reported mixed financial results for the third quarter of 2025.
From semiconductors to lower tariffs: Key takeaways from Trump-Xi meeting
US President Donald Trump has announced a major reduction in tariffs on Chinese goods, following his meeting with Chinese President Xi Jinping.
India's cybersecurity industry is worth $20B, powered by 400+ start-ups
India is fast becoming a global leader in cybersecurity, with over 400 start-ups and a workforce of more than 650,000 professionals. The country has built a $20 billion cybersecurity industry.
'Nonsense': Binance founder denies being China's 13th richest person
Binance founder Zhao Changpeng, popularly known as CZ, has dismissed a recent report from the Hurun Research Institute that estimated his net worth at ¥190 billion ($26.7 billion).
Ixigo parent's shares plunge 20% after Q2 losses
Shares of Le Travenues Technologies Ltd., the parent company of travel services aggregator Ixigo, have crashed 20%.
Google parent Alphabet's quarterly revenue surpasses $100B for first time
Alphabet, the parent company of Google, has reported a record-breaking quarterly revenue of $102.35 billion. This is the first time the tech giant has crossed the $100 billion mark in a single quarter.
Microsoft reports $28B in Q1 profits amid AI boom
Microsoft's stock price fell nearly 4% in after-hours trading on Wednesday, despite better-than-expected fiscal first-quarter results.
YouTube offers voluntary exit program amid major restructuring
YouTube is offering a "voluntary exit program" with severance for its US-based employees, according to TechCrunch.
Groww's ₹6,632cr IPO opens on November 4: Check price band
Billionbrains Garage Ventures, the parent company of online investment platform Groww, is gearing up for its ₹6,632 crore initial public offering (IPO).
SBI Card announces major fee changes starting November 1
SBI Card has announced a revision in its fee structure, effective from November 1, 2025.
GM lays off over 1,700 workers amid EV slowdown
General Motors (GM) has announced plans to cut over 1,700 manufacturing jobs in response to changes in the electric vehicle (EV) market.
Paramount Skydance is firing 10% of its workforce
Hollywood giant Paramount Skydance has begun a massive layoff process, with CEO David Ellison confirming the move in an internal memo.
Why Boeing has suffered a $5B financial hit
Boeing has reported a nearly $5 billion charge related to its delayed 777X jet program.
Modi government plans to merge Union Bank, Bank of India
The Indian government is contemplating a merger between two major public sector banks (PSBs), Union Bank of India and Bank of India.
UPI transactions surge 35% in H1 2025 to whopping 106B
India's digital payments ecosystem witnessed a massive growth in the first half of 2025, driven by an increase in Unified Payments Interface (UPI) usage and the rapid onboarding of small merchants.
Reliance bringing Italian fashion brand MAX&CO to India next year
Italian fashion brand MAX&CO will make its debut in India in early 2026.
Akasa Air plans to go public in India by 2030
Akasa Air, the airline that commenced operations in August 2022, is looking to go public within the next two to five years.
Wearables brand Boat gets SEBI's nod for ₹1,500cr IPO
Imagine Marketing, the parent firm of popular Indian wearables brand boAt, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Why beverage company Bira 91 is fighting with its lenders
Japanese beverage giant Kirin Holdings and Indian investment firm Anicut Capital have taken control of The Beer Cafe, a pub chain owned by Bira 91's parent company B9 Beverages.
'Effortless': Zomato praised for smooth delivery by wheelchair-bound partner
Zomato has been lauded for its inclusive operational design, after a Mumbai resident shared her "effortless" experience with a wheelchair-bound delivery partner.
Zerodha will soon let you invest in fixed deposits
Zerodha, one of India's leading discount brokers, is gearing up to launch a fixed deposit (FD) product on its Coin platform.
NVIDIA becomes world's 1st company with a $5 trillion valuation
NVIDIA, the US tech giant, has made history by becoming the first company ever to hit a $5 trillion valuation.
Why SEBI has put Sterlite Electric's IPO on hold
The Securities and Exchange Board of India(SEBI) has put the Initial Public Offering (IPO) of Sterlite Electric on hold.