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Indian early-stage AI startups secure term sheets in 2 weeks
India's early-stage AI startups are receiving investment commitments more quickly, with term sheets arriving in as little as two weeks due to increasing competition.
Bangkok floods trigger Thai Airways cancelations, halt Honda motorcycle production
Severe flooding in Thailand has disrupted major industries, causing Thai Airways to cancel flights and Honda to suspend motorcycle production as the economic impact widens.
Mahindra Manulife launches MSIF Equity Long-Short Fund open Sept 30
Mahindra Manulife Mutual Fund is launching the MSIF Equity Long-Short Fund, offering a strategy that combines traditional equity investments with selective short positions.
EverBrands India files ₹600cr IPO, eyes BSE and NSE listing
EverBrands India, the operator of Subway in India, has filed its draft red herring prospectus with SEBI to raise Rs 600 crore through a fresh issue of equity shares.
Markets mixed as Petronet LNG, HCL Tech and ITC fall
HCL Technologies shares fell 1.5% following its announcement to acquire Robotiq.ai, while Petronet LNG dipped nearly 2% as Jefferies maintained an 'underperform' rating.
Sensex down 622.71 points, Nifty falls 184.85 amid oil prices
Indian markets are under pressure as the Sensex drops over 600 points, driven by rising crude oil prices, financial stock weakness, and continued foreign investor selling.
Tata stocks fall after Tata Sons plan to stay private
Shares of Tata Chemicals, Tata Motors PV, and other group stocks fell up to 4% after Tata Trusts proposed restructuring Tata Sons, affecting listing prospects.
Silver falls in India and globally to MCX December ₹2.25L
Silver prices dropped by ₹2,064 per kg on the MCX, reflecting global pressures from a stronger US dollar and rising Treasury yields. Investors face increased short-term volatility.
NVIDIA settles trademark dispute with Modulus Financial Engineering over name
Nvidia has resolved a trademark lawsuit with Modulus Financial Engineering regarding its "Modulus" AI software, agreeing to settle the case in a Texas federal court.
Boeing's 737 MAX 10 certification delayed over software issue
The Federal Aviation Administration is postponing certification of Boeing's 737 Max 10 due to a newly identified software issue, impacting the company's delivery timeline.
Mumbai's Royal Chain files IPO with SEBI to raise ₹1000cr
Royal Chain, a Mumbai-based jewellery manufacturer, has filed for a Rs 1,000-crore IPO with SEBI to issue fresh equity and facilitate an offer for sale.
Nifty below 22,700 as Sensex drops over 380 points
Nifty fell to 22,673.85 amid rising Brent crude prices above $106 a barrel and US Treasury yields at their highest since 2007, intensifying market pressures.
Anthropic aims to raise $100B in US IPO valuing $2T
Anthropic's anticipated $2 trillion IPO could reshape markets, joining historic debuts like SpaceX's record-breaking listing and Saudi Aramco’s monumental 2019 offering.
Australia's RBA raises cash rate to 4.6% highest since 2011
The Reserve Bank has increased its key interest rate to 4.6%, marking the highest level since 2011, amid ongoing inflation concerns and global economic pressures.
Varmora Granito opens at ₹155 on NSE, above IPO price
Varmora Granito shares debuted at Rs 155 on the NSE, a 4.73% premium over the IPO price, exceeding grey market expectations of a flat listing.
Manage EPF when holding 2 jobs with single UAN
When working two jobs, use the same UAN for both employers, who will maintain separate EPF Member IDs. Avoid creating duplicate UANs to prevent future complications.
Aadhaar biometric needed for subsidized LPG refills from October 1
From October 1, Aadhaar-based biometric authentication is mandatory for subsidised LPG refills, ensuring genuine beneficiaries and preventing misuse for commercial purposes.
India 10-year yield dips to 7.1797% as Brent stays high
India's 10-year bond yield eased to 7.1797% after reaching a two-year high, as crude oil prices exceeded $106 and US Treasury yields surged.
Nityas Gems and Jewellery IPO opens with ₹70-₹75 price band
Nityas Gems and Jewellery's IPO opens tomorrow with a price band of Rs 70-75 per share, aiming to raise Rs 108.42 crore through a fresh issue of equity shares.
Accel, Elevation Capital, Lightspeed reject 'anti AI' label at conclave
At the Moneycontrol Startup Conclave 2026, Accel, Elevation Capital, and Lightspeed emphasized India's potential in AI beyond foundational models.
Rupee opens at ₹96.05, slips 7 paise on US yields
The Indian rupee declined to ₹96.05 per dollar, pressured by rising US yields, elevated oil prices, and expectations of a hawkish Federal Reserve stance.
Sensex drops 212.37 points as Nifty slips 64.95 points
Indian equity benchmarks opened lower on Tuesday, with the BSE Sensex down 212 points and the NSE Nifty below 22,750 amid continued selling pressure.
Indian rupee at ₹96.05 as oil, US yields rise
The rupee fell to Rs 96.05 per dollar as elevated Brent crude prices and rising US yields exerted pressure, despite RBI interventions to stabilize the currency.
Groww launches US stocks and ETFs for Indian users
Groww has initiated a phased rollout of US stock investing on its app, aiming to capitalize on the increasing retail demand for AI and tech sector exposure.
Indian markets near 6 month lows on US Iran tensions
Sensex and Nifty opened lower on Tuesday, nearing six-month lows as rising oil prices and global economic concerns weighed on investor sentiment.
Shein stock falls 12.1% after 1st public earnings to $16.8B
Shares of Shein Global Holdings Ltd. fell 12.1% to a record low after reporting a 53% drop in first-half operating income, cutting its market value to $16.8 billion.
AstraZeneca seeks FDA approval for ORPATHYS-TAGRISSO in EGFR-resistant lung cancer
AstraZeneca has applied to the US FDA for approval of the ORPATHYS-TAGRISSO combination, developed with HUTCHMED, to treat advanced lung cancer following EGFR-targeted therapy.
Meta and Firmus to deploy NVIDIA DSX across Southeast Asia
Meta Platforms has signed agreements with Australia's Firmus to secure AI infrastructure and GPU compute capacity at data centers in Southeast Asia.
Anthropic led by Dario and Daniela Amodei prepares for IPO
Anthropic, an AI startup founded by Dario and Daniela Amodei, has rapidly evolved into a major industry player, culminating in its confidential filing for a U.S. IPO in June 2026.
Jaypee Wish Town buyers urge probe into stalled Noida projects
Homebuyers of Jaypee Wish Town met Noida authority officials, seeking an inquiry into the NCLT-approved resolution plan due to ongoing project issues and delays in possession.
Anthropic reportedly plans IPO valuing company over $2 trillion
Anthropic's IPO prospectus outlines a transformative AI vision, projecting a $2 trillion valuation despite reporting a staggering $42 billion net loss in 2025.
Anthropic's IPO proposes 'Founder LLC' giving founders 50.1% voting power
Anthropic's co-founders will use a "Founder LLC" structure to prioritize public good over market forces, maintaining control through a unique voting share arrangement.
Gold $4,123.29 near 7-week low amid jobs and oil worries
Gold prices remain steady near a seven-week low as investors await key US economic data amid concerns over prolonged high interest rates from the Federal Reserve.
Peak XV Partners's surge adds 18 early-stage startups, 50% AI-native
Peak XV Partners’ Surge is backing 18 startups, with about 50% being AI-native, reimagining consumer experiences and enterprise infrastructure.
TCS Infosys HCLTech cut H-1B registrations 92% for fiscal 2027
Indian IT giants drastically reduced H-1B visa registrations by over 90% in FY27, facing tighter regulations and increased costs.
Modal Labs to get $750 million led by Accel, post-round $15.75B
Modal Labs is close to securing a $750 million funding round led by Accel, boosting its valuation to $15.75 billion amid rising demand for AI inference services.
AMD buys World Labs founded by Fei-Fei Li for $8.2B
AMD is set to acquire World Labs, a leader in deep learning models, for $8.2 billion, with founder Fei-Fei Li joining as executive vice president and chief scientist.
Donald Trump announces $15 billion Iowa steel plant, Mesabi Metallics
US President Donald Trump announced a $15 billion steel complex in Iowa by Mesabi Metallics, owned by India's Essar Group, marking the largest steel plant in US history.
Chana moong tur matar dal prices jump up to 11%
Pulses prices, including chana and moong, have surged up to 11% in a month due to crop deficits and increased festive demand, according to IPGA data.
Tata Electronics ramps Apple iPhone production, boosts semiconductor investments
Tata Electronics significantly increased its equity investments to ₹3,727 crore in FY26, driven by the expansion of Apple iPhone manufacturing and semiconductor projects.
Coforge appoints Akhil Gupta as chairperson and nonexecutive independent director
Coforge Ltd has appointed Akhil Gupta as Chairperson and Non-Executive Independent Director for a five-year term, effective September 29, 2026.
India's industrial output jumps 8% in August
India's Industrial Production Index (IIP) witnessed a significant jump of 8% in August, up from the 7.4% growth recorded in July.
Why India may be unable to export sugar in 2027
India could face a shortage of sugar for exports next year, owing to concerns over the 2027 crop.
India's gourmet food market to hit $24.5B by 2034
India's gourmet food market is expected to grow from $6.6 billion at present to $24.5 billion by 2034, according to the IMARC Group.
UAE to invest another $25B in India, says Piyush Goyal
The United Arab Emirates (UAE) has announced its plan to invest an additional $25 billion in India.
Meta launches new enterprise platform with MongoDB CEO at helm
Meta Platforms has hired CJ Desai, the former CEO of MongoDB, as its new Chief Enterprise Platform Officer.
Air India's new CEO sets safety, reliability as top priorities
Tewolde Gebremariam, the future Chief Executive Officer (CEO) and Managing Director (MD) of Air India, has identified safety and operational reliability as his top priorities.
Jio adds over 24 lakh subscribers in August
Reliance Jio has topped the chart of telecom operators by adding over 24 lakh mobile subscribers in August.
NSE shares fall below IPO price
Shares of NSE have slipped below their initial public offering (IPO) price on the third day of trading.
Jobless for months? Your EPF interest may become taxable
The Employees' Provident Fund (EPF) is a retirement savings scheme managed by the Employees' Provident Fund Organization (EPFO) under the Ministry of Labour and Employment.
Gold, silver ETFs tumble up to 3.6%
Gold and silver exchange-traded funds (ETFs) witnessed a sharp decline on Monday, mirroring a global sell-off in precious metals.
US-China tariff deal: What's in $30B trade package?
The United States and China have announced a $30 billion tariff deal, covering goods such as agricultural products, medical devices, and consumer goods.
Red Bull challenges FSSAI order to drop 'energy' from labels
Red Bull has challenged the Food Safety and Standards Authority of India (FSSAI) in the High Court over its order to remove the term "energy" from its drinks.
Moneyview IPO sees over 10x subscription on last day
Moneyview's initial public offering (IPO) has witnessed massive investor interest on its third and final day of bidding.
AI bubble burst could trigger US recession, Fitch warns
A sharp decline in equity markets and a slowdown in artificial intelligence (AI) investments could push the United States into recession, Fitch Ratings has warned.
Reliance planning to raise $1B via asset-backed securities
Mukesh Ambani's Reliance Group is looking to raise up to $1 billion through asset-backed securities (ABS), people familiar with the matter told Bloomberg.
Airbnb to help boost homestay ecosystem in India
The Ministry of Tourism and Airbnb have signed a two-year Memorandum of Understanding (MoU) to strengthen India's homestay ecosystem.
Armani may have more than one buyer for 15% stake
Armani, the renowned Italian luxury group, is open to involving more than one investor in the sale of a 15% stake.
Indian government bonds witness crash today: What's the reason?
Indian government bonds witnessed a steep decline today, pushing the benchmark 10-year yield to a two-year high.
Why this $4B fund manager is betting on insurance stocks
Bajaj Asset Management Limited, a mutual fund house with ₹39,660 crore ($4.1 billion) in assets under management as of August, is changing its investment strategy in light of rising crude prices and interest rates.
Indian rupee now just shy of 96 against US dollar
The Indian rupee has witnessed a marginal decline due to rising oil prices, triggered by stalled diplomatic talks between the US and Iran.
Chinese shares hit 1-year low
Chinese shares have hit a one-year low, led by a major selloff in technology firms.
PepsiCo, others boost food safety hiring amid tighter FSSAI inspections
PepsiCo, Hilton, and other major players in the food industry are expanding their teams to focus on food safety and compliance, according to The Economic Times.
Oil prices climb after Trump rejects Iran's peace proposal
Oil prices surged over 1% in early Asian trading on Monday.
SC refuses to stay MDR on UPI payments above ₹2,000
The Supreme Court has refused to grant an interim stay on the Indian government's new merchant discount rate (MDR) policy.
China's 20% offshore trust tax puts billionaires on alert
China is tightening its tax net around wealthy individuals, offshore trusts, and overseas investments.
Gold prices down 4% in a week: What's the reason?
Gold prices continued their downward trend, falling 2.55% to $4,176 per ounce in intraday trading today.
Electronics manufacturers get PLI incentives worth ₹19,091cr in 2026
The Production-Linked Incentive (PLI) scheme for large-scale electronics manufacturing has disbursed a whopping ₹19,090.98 crore in incentives till June this year.
Why red warning labels on packaged foods are being opposed
India's food giants have challenged the proposed red warning labels for high salt, sugar, and fat content in packaged foods.
Akasa Air assures safety amid Boeing's 737 MAX software issue
Akasa Air has assured the safety of its operations, despite a software issue flagged by Boeing on some of its 737 MAX planes.
India's richest hold more wealth than Switzerland, Singapore's GDP
India's wealthiest individuals control a staggering ₹187.5 lakh crore ($1.96 trillion) in combined wealth, according to the latest M3M Hurun India Rich List 2026.
LG's air conditioners to become costlier from October 1
LG has announced a price hike for its air conditioners in India, effective from October 1.
SRIT India IPO opens with 25% GMP: Apply or avoid?
The initial public offering (IPO) of SRIT India has opened for subscription today.
Boeing 737 MAX glitch: Which Indian airlines could be affected?
Boeing has flagged a software issue in some of its 737 MAX aircraft, which could lead to the disengagement of automated flight guidance in certain landing scenarios.
IndiGo flight makes abnormal runway contact while landing in Bengaluru
An IndiGo aircraft operating flight 6E 6542 from Guwahati to Bengaluru experienced a tail strike while going around at Kempegowda International Airport, Bengaluru.
Trump hosts private dinner for Anthropic CEO amid AI spat
US President Donald Trump hosted a dinner for Anthropic CEO Dario Amodei on Sunday night.
Sensex crashes over 900 points: What's worrying investors today?
The Indian stock market witnessed a major fall today, with the BSE Sensex and NSE Nifty both declining by nearly 1.3%.
SC to hear PIL against UPI-MDR charges today
The Supreme Court of India is set to hear a plea challenging the government's decision to impose a Merchant Discount Rate (MDR) on certain UPI person-to-merchant (P2M) transactions above ₹2,000.
China's industrial profits slow down amid weak domestic demand
China's industrial profits witnessed a sharp slowdown in August, rising only 4.2% year-on-year.
3-day bank strike deferred, branches to open as usual today
The proposed three-day nationwide bank strike from September 28 to 30 has been deferred.
Infosys to move one-third of workforce into specialist roles
Infosys, the Bengaluru-based company, has announced plans to move a quarter to a third of its workforce into specialist roles.
PVR fined ₹75,000 for showing excessive ads before film
PVR Cinemas has been ordered to pay a fine of ₹75,000 after a Hyderabad-based lawyer complained about excessive advertisements before a movie, The Economic Times reported.
Why ED has attached Gameskraft's assets worth ₹442cr
The Enforcement Directorate (ED) has attached assets worth ₹442 crore in its money laundering investigation against online gaming company Gameskraft and its app RummyCulture.
India's consumer durables market to grow 10% annually through 2030
India's consumer durables market is on track for major growth, with a projected annual growth rate of 8-10% until 2030.
IRDAI's new reforms could lead to cheaper insurance premiums
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a series of reforms that could impact insurance premiums in the country.
Relief for customers as government mandates 30-day, voice-SMS-only recharge plans
The Indian government has launched the Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026.
Mobile retailers to protest against UPI charges on October 2
Mobile phone retailers across India will observe a "No UPI Day" on October 2.
SC to hear plea against MDR on UPI payments tomorrow
The Supreme Court of India is set to hear a petition challenging the Indian government's decision to impose Merchant Discount Rate (MDR) on certain UPI transactions, tomorrow.
This is India's first private port to run on renewable-power
Adani Ports and Special Economic Zone (APSEZ) has announced that its Dhamra Port in Odisha is now India's first large-scale private multi-cargo port to run entirely on renewable electricity.
AYUSH services sector might hit $318B in India by 2047
A recent study by the Research and Information System for Developing Countries (RIS) has revealed, that India's AYUSH services sector is one of the fastest-growing service segments in the country.
ACs, TVs and washing machines to become costlier from October
Leading manufacturers of appliances and consumer electronics are likely to raise prices of air conditioners (ACs), LED TVs, washing machines, and other products by up to 8%.
Buying property from NRIs is about to become easier
From October 1, 2026, resident individuals and Hindu Undivided Families (HUFs) will have a smoother process when buying property from non-resident sellers.
NVIDIA's Hugging Face buyout could net Kevin Durant $60M profit
NBA superstar Kevin Durant is set to make a killing from his early-stage investments in AI start-up Hugging Face.
AI, blockchain convergence could create trillion-dollar hyperscaler cloud market: BlackRock
Hyperscaler cloud revenues could exceed $1 trillion annually by 2030, a BlackRock report has projected.
Boeing 737 MAX software glitch could affect landings
Boeing has flagged a previously undisclosed software glitch in its 737 MAX aircraft, The Wall Street Journal reported.
FD rules change from October 1: How they affect you
In a bid to enhance transparency, the Reserve Bank of India (RBI) has issued new guidelines for commercial banks.
IRDAI's Bima Sugam debuts this November: Why it's a gamechanger
The Insurance Regulatory and Development Authority of India (IRDAI) is all set to launch its much-anticipated digital insurance marketplace, Bima Sugam.