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Report: Majority of hotels adopt generative AI, manual work persists
Over half of hotels globally have adopted generative AI, yet fewer than 10% report significant reductions in manual work, highlighting a gap between adoption and tangible benefits.
Most UPI transfers free as MDR applies to merchant payments
UPI payments will continue to be free for all person-to-person transactions, while 96% of person-to-merchant transactions remain unaffected under the new framework.
Anthropic and OpenAI propose slowing AI, worrying data center investors
Growing calls to decelerate AI development are scrutinizing the booming AI data centre investments, with potential impacts on companies like OpenAI and Anthropic.
Railways cover ₹5 UPI fee for ₹2,000+ train bookings
The new Merchant Discount Rate (MDR) framework imposes a Rs 5 charge on railway UPI transactions above Rs 2,000, but this fee is absorbed by merchants, not passengers.
Uber plans lower fares after cutting about 3,300 corporate roles
Uber CEO Dara Khosrowshahi suggests that laying off 3,300 employees could lead to lower ride prices, as savings are reinvested to benefit customers and enhance growth.
Foreign investors withdraw ₹13,138cr from Indian equities in September
Foreign portfolio investors have sold Indian equities worth ₹13,138 crore in the first 10 days of this month, erasing nearly half of August's net inflows.
NPCI imposes merchant UPI charges over ₹2,000 P2P free
The National Payments Corporation of India (NPCI) has issued detailed FAQs regarding the Merchant Discount Rate (MDR) applicable to UPI transactions exceeding Rs 2,000.
India's August merchandise exports up 26.1%, outpace imports 1st time
India's merchandise exports grew over 26% in August 2026, surpassing import growth and reducing the trade deficit to $9.4 billion from $11.6 billion last year.
India's Absolute launches in Kenya using INERA for sustainable farming
Absolute, an AI-native bio-solutions company from India, has launched commercial operations in Kenya through its agricultural arm INERA, marking its entry into the African market.
PhonePe launches cobranded HDFC Bank and SBI cards, unveils Wishcard
PhonePe's new co-branded credit cards aim to expand access to formal credit for underserved segments in India, leveraging UPI-era spending habits and targeting non-metro consumers.
CCPA fines Rapido operator Roppen Transportation ₹10L for misleading prompts
The Central Consumer Protection Authority has fined Rapido ₹10 lakh for using misleading fare prompts and dark patterns, pressuring riders to pay more before ride confirmation.
UPI payments above ₹2,000 will face 0.4% MDR for merchants
The UPI Steering Committee has fixed the Merchant Discount Rate (MDR) at 0.4% for transactions exceeding Rs 2,000, with a cap of Rs 300 per transaction.
Maharashtra Oil Extractions files with SEBI for ₹370cr IPO
Maharashtra Oil Extractions has filed draft papers with SEBI for an IPO, aiming to raise Rs 370 crore through a fresh issue of shares.
Teradyne opens 1st India office in Bengaluru tech park
Teradyne has inaugurated its first dedicated office in India, located in Bengaluru, to enhance customer engagement and support India's growing semiconductor industry.
SEBI proposes reducing exchanges' disaster recovery drills to 4 hours
Sebi suggests reducing disaster recovery drills to four hours and enhancing operational resilience for market infrastructure institutions like stock exchanges and depositories.
India's current account deficit hits $7bn in July 2026
India's current account deficit more than doubled to $7 billion in July, driven by a significant increase in the merchandise trade deficit as imports outpaced exports.
Piyush Goyal heads to Milwaukee for G20, advances India-US talks
Indian Commerce Minister Piyush Goyal will attend the G20 trade meeting in the US, discussing ongoing India-US free trade agreement negotiations and the India-EU pact.
NSE IPO opens September 17, GMP hits 11%
The National Stock Exchange of India (NSE) will launch its initial public offering (IPO) on September 17.
Purple Style Labs invests ₹420cr in PSL Retail via IPO
Purple Style Labs Ltd has approved a ₹420 crore investment in its subsidiary PSL Retail Private Ltd, utilizing IPO proceeds to support lease liabilities and corporate purposes.
Indian chipmakers secure ₹1.34L cr equity funding, half since 2025
India's semiconductor sector has raised approximately ₹1.34 lakh crore, with recent capital inflows becoming concentrated in fewer, larger deals.
TRAI fines Vodafone Idea ₹2L for service lapses, Vi reviews
The Telecom Regulatory Authority of India has levied a ₹2 lakh fine on Vodafone Idea for not meeting quality of service standards in various regions as of October 2025.
Indian markets: Sensex down 778 points, Nifty slips 280 points
The Indian stock market experienced a sharp selloff, erasing over ₹9 lakh crore in investor wealth and driving more than 200 stocks to their 52-week lows.
Foreign investors pull out ₹5,109.21cr from Indian government bonds
Foreign portfolio investors pulled ₹5,109 crore from Indian government securities in three days due to global uncertainty and rising US Treasury yields.
NSE explores self trading option ahead of IPO listing
India's largest stock exchange, NSE, may seek Sebi's approval to trade its shares on its own platform post-IPO, despite current regulations prohibiting self-listing.
Dr. Reddy's launches Nivorz Opdivo biosimilar made in Hyderabad India
Dr. Reddy’s Laboratories has introduced Nivorz, a nivolumab biosimilar, marking its entry into the immuno-oncology biosimilar market in India.
India's unemployment rate eases to 5% in August
India's unemployment rate for adults (15 years and older) has marginally declined to 5% in August, from 5.1% in July, government data released on Tuesday showed.
Oil prices in India hit $128.80, inflation at 4.8%
The Indian crude oil basket has surged to $128.80 per barrel, its highest since April 2026, raising concerns about potential impacts on inflation and consumer fuel prices.
India's unemployment for people 15+ dips to 5% in August
India's unemployment rate for adults aged 15 and above decreased to 5% in August, down from 5.1% in July, surpassing economists' expectations of 5.2%.
Bitcoin near $76,985 as traders watch US Fed, Ethereum dips
Bitcoin is trading close to $77,000 as investors remain cautious ahead of the US Federal Reserve's September policy decision, with market sentiment showing signs of resilience.
Gland Pharma buys Gland Pharma USA Inc for about $5L
Gland Pharma's board has approved acquiring 100% of Gland Pharma USA, streamlining its corporate structure by making it a direct wholly-owned subsidiary for $5 lakh.
World Trade Report 2026 projects $3T gain, 10% GDP loss
The WTO's World Trade Report 2026 warns that modernizing the global trading system could boost global GDP by $3 trillion, while inaction might lead to a 10% GDP loss.
President Trump calls AI safety 'hoax,' urges US AI leadership
Donald Trump called Nvidia CEO Jensen Huang live on stage, dismissing AI safety concerns and emphasizing the need for the US to maintain its competitive edge against China.
India's exports jump 26.12% in August, decade-high, $26.86B deficit
India's merchandise exports soared by 26.12% year-on-year in August, reaching $43.81 billion, marking the fastest growth pace in a decade, according to provisional data.
Sensex tanks 1,300 points from day's high
The benchmark indices, Sensex and Nifty, witnessed a sharp decline on September 15 with the former plunging 1,300 points from intraday highs.
Flipkart creates 2.5L jobs in India ahead of festive season
E-commerce giant Flipkart has announced the creation of over 250,000 direct and indirect job opportunities across India.
Cleartrip's 'Elite' loyalty program is here: How it helps you
Cleartrip, the travel platform owned by Flipkart, has launched a new loyalty program called 'Elite.'
Accenture to pay $25M to settle DEI probe in US
Accenture, an IT consulting firm, has agreed to pay $25 million to the US government.
India's Central Consumer Protection Authority probes Apple iOS 18 glitches
India's consumer regulator has intensified its investigation into Apple's software warranty terms following complaints that the iOS 18 update damaged iPhone functionality.
India's August trade deficit at $26.86 billion as exports rise
India's merchandise trade deficit slightly decreased to $26.86 billion in August, as exports surged by 26.1% to $43.81 billion and imports increased by 14.1% to $70.76 billion.
CRIF High Mark: India retail credit up 19.2% to ₹178.6L/cr
India's retail credit portfolio grew 19.2% year-on-year in Q1 FY27, driven by significant increases in consumer durable, sole-proprietor, auto, and gold loans.
Solar Industries India announces ₹12,951cr Omnia Holdings takeover shares fall
Solar Industries' ₹12,951-crore acquisition of South Africa's Omnia Holdings signals a bold move towards global expansion for India's burgeoning defence-industrial complex.
India faces $112.16 billion trade deficit with China in 2025-26
India's trade deficit with China reached a record $112 billion in 2025-26, highlighting the difficulty of rebalancing this lopsided economic relationship.
Eighth Pay Commission to visit Chandigarh amid 5-year revision demand
Employee unions urge the 8th Pay Commission to adopt a five-year salary and pension revision cycle, citing inflation and rising living costs as key concerns.
Cars24 drives India used-car market with ₹937cr August GMV
India's used-car market is experiencing significant growth, with Cars24 reporting a 38% year-on-year increase in GMV, driven by advancements in AI technology.
India NZ FTA likely Oct 19 opens 100% duty-free exports
The India-New Zealand Free Trade Agreement is expected to take effect on October 19, enhancing market access and investment opportunities between the two nations.
Dario Amodei letter urging slower advanced AI hits Indian stocks
Shares of Indian AI-linked companies fell sharply as global technology stocks sold off following calls from AI leaders to slow the development of advanced systems.
FDA approves Aurobindo Pharma's 1st US metered-dose inhaler for asthma
Aurobindo Pharma has received final approval from the USFDA to manufacture and market its first metered-dose inhaler for asthma treatment in the United States.
Blue Cloud Softech Solutions, STPI plan IndiaAI Centre in Bhubaneswar
Blue Cloud Softech Solutions shares rose to ₹20.37 after announcing its role as Industry Partner for the IndiaAI Centre of Excellence in Bhubaneswar, Odisha.
Flipkart to hire more than 2.5L staff for festive season
Flipkart has generated over 2.5 lakh direct and indirect jobs across India to meet increased demand during the festive season, with 75,000 positions for first-time workers.
RBI denies Tata Sons CIC exit, listing now mandatory
The RBI's decision to reject Tata Sons' CIC surrender application has reignited listing discussions, causing a rally in listed Tata stocks.
SquadStack.ai ties voice AI pricing to client revenue outcomes
SquadStack.ai has introduced outcome-based pricing for its Voice AI sales agents, linking customer payments to revenue outcomes rather than call duration or volume.
Musk's X settles antitrust lawsuit with Apple
Elon Musk's X Corp and SpaceXAI, a division of SpaceX, have resolved their antitrust lawsuit against Apple.
Suprajit Engineering plans price hikes citing West Asia conflict
Suprajit Engineering, a leading auto components manufacturer, plans to implement further price hikes this year due to rising costs from the West Asia supply shock.
Motilal Oswal sets ₹3,800 target, recommends buy on Grasim
Motilal Oswal recommends a buy rating for Grasim Industries, setting a target price of Rs 3800, driven by resilient VSF profitability and strategic market positioning.
Horlicks launches 24g protein sachets with 4g prebiotic fiber
Hindustan Unilever Limited's Horlicks brand has launched a new protein powder using fermented yeast, offering 24 g of protein per serving to cater to everyday nutritional needs.
Bank for International Settlements warns AI stock surge threatens stability
The Bank for International Settlements warns that the AI-driven stock market rally faces vulnerability due to rising leverage and debt in technology companies.
Government considers MDR on UPI transactions above ₹2,000 for funding
As UPI transactions above Rs 2,000 grow, the debate intensifies over who should shoulder the financial burden of India's expanding digital payments ecosystem.
Samsung India's public affairs head Rajiv Aggarwal has quit
Rajiv Aggarwal, the head of public affairs and ESG at Samsung India, has resigned after nearly four years in the role.
OpenAI acquires smartphone camera tech firm for over $300M
OpenAI, the artificial intelligence (AI) giant behind ChatGPT, has acquired smartphone camera technology firm Glass Imaging for over $300 million.
Hexaware shares climb almost 5% after Project NANDA fellowship tie-up
Hexaware Technologies shares surged nearly 5% after announcing a partnership with Project NANDA Fellowship, aimed at developing open-source infrastructure for AI agents.
India's payment regulator weighing 0.4% UPI merchant fee over ₹2,000
India's payments authority is consulting banks and payment firms about implementing charges on large UPI transactions, sources reveal.
Air India expands Salesforce Agentforce AI amid over 30 projects
Air India is expanding its use of Salesforce's Agentforce AI platform to automate customer service tasks, improving efficiency and reducing response times across various processes.
NSE set for ₹22,561.57cr offer for sale IPO Sept 17-21
The NSE IPO, valued at Rs 22,561.57 crore, opens for subscription on September 17, 2026, with a grey market premium indicating an expected 11% listing gain.
Crisil forecasts India per capita GDP growth over 9% 2027-2030
Rising per-capita income in India is driving households to allocate more savings towards market-linked investments, significantly boosting the mutual fund industry's growth.
RBI withdraws ₹3.93352L/cr via VRRR to curb cash surplus
The Reserve Bank of India absorbed ₹3.93 lakh crore through a variable rate reverse repo auction, addressing surplus liquidity in the banking system at a 5.24% rate.
Oracle workers face another wave of layoffs
Tech giant Oracle has reportedly started another round of job cuts.
India's wealthtech sector raises $303 million in 25 deals in 2026
India's wealthtech startups raised approximately $303 million across 25 deals in the first eight months of 2026, driven by smaller funding rounds and growing investor interest.
Oracle cuts staff as AI spending jumps to $28.5B
Oracle has commenced another round of job cuts as it plans to invest up to $95 billion in AI infrastructure, with affected employees receiving severance packages based on tenure.
Indian bonds see major decline today: What's the reason?
Indian bonds have taken a hit after the Reserve Bank of India (RBI) announced its plan to sell sovereign notes.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
Motilal Oswal keeps buy on Coforge, assigns ₹2,200 target
Motilal Oswal maintains a bullish stance on Coforge, setting a target price of Rs 2200 despite recent board changes following an internal audit.
Hero Motors launches IPO Sept 16-18 to raise ₹1000cr
Hero Motors' IPO opens for subscription on September 16, 2026, with a Grey Market Premium indicating a potential 27% listing gain. The issue closes on September 18, 2026.
Air India board meets marking handover to Gebremariam, clearance pending
Air India's board convenes today to discuss outgoing CEO Campbell Wilson's exit compensation and incoming CEO Tewolde Gebremariam's remuneration, amid a leadership transition.
Visa's Suresh Sethi at Global Fintech Fest highlights AI trust
India's digital payments ecosystem is set to evolve with AI-led agentic commerce, emphasizing trust and security, according to Visa's Suresh Sethi at the Global Fintech Fest 2026.
Brainbees Solutions shares rise nearly 7% to ₹189.60 on BSE
Shares of Brainbees Solutions, parent company of FirstCry, jumped 7% on Tuesday despite a 54% decline over the past year, driven by a sharp increase in trading volume.
NSE IPO to raise ₹22,600cr with global anchors expected
Goldman Sachs Asset Management, Franklin Templeton, and Fidelity International are set to participate as anchor investors in the National Stock Exchange of India’s upcoming IPO.
Maharashtra's DELTA Act aims to tokenise land ownership on blockchain
Maharashtra's proposed DELTA Act aims to transform the state into India's first "tokenised State," leveraging blockchain technology to digitise real-world assets.
AI slowdown call lifts Indian IT stocks, adds ₹1.13L cr
Indian IT stocks surged, adding Rs 1.13 lakh crore in market value, as calls for slower AI development eased disruption fears, while infrastructure stocks declined sharply.
Air India speeds refunds to 4 hours with Agentforce AI
Air India has dramatically reduced refund processing time from 14 days to just 4 hours by implementing AI-powered tools on Salesforce’s Agentforce platform.
Invesco launches 2 India index funds for defense and chemicals
Invesco Mutual Fund has introduced the Invesco India Nifty India Defence Index Fund and the Invesco India Nifty Chemical Index Fund, offering passive sectoral exposure.
Emkay Research says AI will boost India's fintech by 2027-28
India's fintech industry is developing AI-based products, but significant revenue from these innovations is expected only from FY28 onwards, according to Emkay Research.
Amazon India Best in Tech survey maps home gadget priorities
Amazon India's Best in Tech Survey highlights Indian consumers' preferences for Smart TVs and home appliances, emphasizing picture quality and energy efficiency as top priorities.
PFRDA announces NPS Swasthya for hospitalization with top-up insurance
NPS Swasthya, a new health-linked pension product by PFRDA, will allow subscribers to use pension funds for hospitalisation expenses with an additional top-up insurance facility.
Gold holds above $4,302 ahead of expected 25bp Fed hike
Gold prices remain above $4,300 as investors await the Federal Reserve's two-day meeting starting tonight, seeking clues on future monetary policy and its impact on bullion.
Samsung co-leads $231 million funding round for Euclyd, AI chipmaker
Dutch AI chipmaker Euclyd has secured $231 million in funding, with Samsung co-leading the round, as the search for alternatives to Nvidia's GPU dominance intensifies.
UPI charges explained: What changes for payments above ₹2,000?
The Indian government has said that no charges will be levied on Unified Payments Interface (UPI) transactions of up to ₹2,000.
Nikkei up almost 1% as SoftBank rebounds after AI slowdown
Japan's Nikkei climbed 1% as SoftBank rebounded 9.13%, driven by reassessed AI investment concerns, while technology and semiconductor shares advanced.
PNC Infratech stock falls 20% after NHAI extends ban
Shares of PNC Infratech plummeted 20% on Tuesday after NHAI extended a three-year debarment, preventing the company from participating in future bids with MoRTH and NHAI.
Steamhouse IPO allotment likely today ₹414cr nearly 32x oversubscribed
Investors in the Steamhouse IPO may receive allotment updates today, with a grey market premium suggesting a potential 30% listing gain.
Raymond's aerospace subsidiary lands ₹33Cr order, shares up over 200%
Raymond Limited's share price hit a fresh 52-week high due to a 200% rally over six months, driven by new aerospace orders worth ₹33 crore.
India's Sensex, Nifty slip as oil and global yields rise
Sensex fell 650 points from the day's high, and Nifty dropped below 23,400 due to rising oil prices and higher global bond yields.
HDFC Bank board picks MD CEO candidates and shares rise
HDFC Bank shares rose 3% as the board submitted two CEO candidates to RBI, while Solar Industries fell 8% following its subsidiary's acquisition deal with Omnia Holdings.
HDFC Bank shares rise over 2% after bank sends nominees
HDFC Bank shares rose over 2% as the bank advanced its succession process for MD and CEO, reducing uncertainty around leadership transition and boosting investor confidence.
Indian Sensex, Nifty rise nearly 0.8% as it firms surge
Indian stock markets surged as Sensex and Nifty rose 0.8% each, driven by strong performances in the IT sector, despite global concerns over bond yields and oil prices.
RBI files Bombay High Court caveat on Tata Sons listing
The Reserve Bank of India has filed a caveat in the Bombay High Court to ensure it is heard before any court order on Tata Sons' mandated listing challenge.
India accelerates AI into operations but lacks forward deployed engineers
India faces a critical shortage of Forward Deployed Engineers, driving salaries up to ₹1.55 crore as demand for deployment-oriented AI talent outpaces supply.
Bitcoin drops to $77,800 amid Clarity Act uncertainty, oil rise
Bitcoin fell to approximately $77,800 as the Senate prepared for a crucial vote on the Clarity Act, while climbing oil prices added inflationary pressures to the market.
Indian rupee opens lower at 95.76 per US dollar
The Indian rupee opened 21 paise lower at 95.76 per dollar, influenced by rising oil prices and increased U.S. Treasury yields, which are fueling inflation concerns.
Oracle announces same-day layoffs amid reorganization around AI and cloud
Oracle informed employees of their layoffs via an early-morning email, stating that their roles were eliminated as part of a broader organizational change.
Baweja warns rupee could hit triple digits against US dollar
UBS’ Bhanu Baweja predicts the Indian rupee could weaken to triple digits against the dollar within 12-18 months due to rising US interest rates and higher crude prices.
LCC Projects IPO allotment finalized today and refunds start Wednesday
LCC Projects' IPO, subscribed 48.51 times, will have its allotment finalized today. The grey market premium stands at ₹63, indicating a strong anticipated listing.
Amazon invests ₹2,800cr to expand India logistics for festive rush
Amazon is set to increase its storage capacity in India by 50% with the launch of 20 fulfilment centres, enhancing operations ahead of the festive season.
Kioxia seeks at least $10B in a US ADR listing
Kioxia Holdings Corp. is considering raising at least $10 billion by listing American depositary receipts, aiming to tap into strong investor demand in the AI sector.
China's economy weakens with retail up 0.4% investments down 7.2%
China's consumer spending and investment weakened in August, with retail sales rising only 0.4% year-on-year, while industrial output showed unexpected improvement at 5.2%.
NSE IPO could sharply reduce India's unlisted shares market activity
The National Stock Exchange's upcoming IPO is poised to significantly boost India's primary market while potentially causing a major decline in the unlisted shares trade.
China's factory output rises 5.2% while retail sales grow 0.4%
China's industrial output increased by 5.2% in August, surpassing expectations, while retail sales growth slowed to 0.4%, highlighting ongoing challenges in domestic demand.
HFCL invests ₹820cr to boost fiber, cable and preform manufacturing
HFCL has approved an additional ₹820 crore in capital expenditure, raising its total planned investment to ₹1,800 crore to enhance optical fibre and cable production capabilities.
Pune based Creative Web Solutions named in FIR for ₹75.13L
An FIR was filed against Creative Web Solutions in Pune for allegedly collecting 30% of employees' salaries, affecting 38 staff members and totaling ₹75.13 lakh.
Life Asset Management pressures Samsung to buy back preferred shares
A South Korean hedge fund is urging Samsung Electronics to buy back and cancel preferred shares, aiming to boost valuation by closing the price gap with common stock.
ANZ CEO Nuno Matos warns AI may threaten some jobs
ANZ CEO Nuno Matos highlighted the unpredictable risks of AI, warning of potential job cuts at the bank following alerts from tech leaders like Musk and Altman.
Novo Nordisk to adopt 'Novo' name on product packaging
Danish pharmaceutical giant Novo Nordisk, known for weight-loss drugs Ozempic and Wegovy, has rebranded to "Novo" to enhance memorability and relevance in a competitive market.
Bitcoin stalls as Clarity Act passage odds fall to 18%
Bitcoin's rally has paused as optimism fades over the progress of the Clarity Act, a key US crypto regulation bill facing partisan challenges and procedural hurdles in the Senate.
Delhi proposes semiconductor policy 2026-2031 to become chip design hotspot
Delhi's new semiconductor policy (2026–2031) aims to establish the city as a hub for chip design and R&D, focusing on investment attraction and high-value job creation.
BlackRock upgrades emerging market stocks to overweight citing AI demand
BlackRock Inc. has upgraded emerging-market equities to overweight, citing the potential for AI-driven resource demand and strong earnings growth to drive outperformance.
Accenture agrees to pay $25 million to settle US DEI probe
Accenture will pay $25 million to settle U.S. government allegations regarding its diversity practices, following similar actions against firms like Deloitte and IBM.
Pranav Constructions IPO priced at ₹124, oversubscribed 121 times
Pranav Constructions is set to debut on the NSE and BSE today, with a grey market premium of ₹52 indicating a strong listing above the IPO price of ₹124.
India's space sector about 440 startups, $9bn, spurs legal work
India's rapidly expanding space sector is driving increased demand for legal expertise, as private and foreign investments raise complex regulatory and national security issues.
Allotment day for 6 IPOs, Rentomojo 72.88x, Manipal Payment 1.42x
The allotments for six IPOs, including Rentomojo and Karamtara Engineering, are scheduled for today. Here's how you can check your allotment status across different platforms.
Donald Trump calls Jensen Huang at All-In Summit on AI
Nvidia CEO Jensen Huang assured President Donald Trump that efforts to slow AI advancements won't succeed, emphasizing their shared commitment to leading the industry forward.
Indian firms seek contract clarity as AI makes autonomous decisions
Indian businesses are consulting legal experts to address liability concerns as autonomous AI systems increasingly make independent decisions.
Waaree Green Data Centers incorporates Sunstar to develop AI-ready centers
Waaree Renewable Technologies is venturing into hyperscale and AI-ready data centres through its new subsidiary, Sunstar Data Centers, leveraging its expertise in renewable energy.
Bank of America Securities sees Nifty at 26,200 December 2026
BofA Securities projects the Nifty to reach 26,200 by December 2026, anticipating a 12% growth from current levels as market risks peak by October.
Amazon now crosses $1B gross annualized sales in India
Amazon's quick commerce business in India has surpassed $1 billion in gross annualised sales, becoming a top player in Delhi and Bengaluru despite its late market entry.
IAG Capital Partners invests $205 million in Cornelis AI infrastructure company
Cornelis, a networking technology company spun off from Intel, secured $205 million to challenge Nvidia's dominance with its open architecture Active Compute Fabric.
Indian government transfers ₹2.08L/cr via DBT across 320 welfare schemes
Direct benefit transfers in the current fiscal year have reached ₹2.08 lakh crore, with the fertiliser subsidy leading at ₹62,984 crore and Haryana topping state rankings.
Donald Trump has $800 million WLFI tokens locked until 2028
Donald Trump's $800 million stake in World Liberty Financial's WLFI tokens is now subject to a vesting schedule, with sales possible starting in 2028 after a mandatory token burn.
ASML $200 million EUV sold out through 2027, $400 million High-NA rising
ASML solidifies its leadership in chipmaking as major customers, including TSMC and Samsung, commit to adopting its advanced $400 million High NA lithography tools.
Bamboo Insurance targets up to $3.24B valuation in US IPO
Bamboo Insurance, supported by CVC, aims for a $3.24 billion valuation in its U.S. IPO, offering 35 million shares priced between $18 and $20 each.
HDFC Bank forwards 2 names as Sashidhar Jagdishan departs
Anup Bagchi, CEO of ICICI Prudential Life and a 30-year ICICI Group veteran, has emerged as a leading candidate to succeed Sashidhar Jagdishan as HDFC Bank's next MD and CEO.
India and EAEU accelerate free trade talks following BRICS boost
The recent New Delhi summit accelerated free trade agreement talks between India and the Eurasian Economic Union, with further negotiations scheduled for November.
Rice is becoming costlier in India. Reason? US-Iran war
Rice, a staple food in India, is becoming more expensive due to the ongoing US-Iran war.
India and Canada start 4th round of trade pact talks
India and Canada have entered the fourth round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
Essar's retail arm to acquire UK forecourt operator for £400M
Essar Energy Transition's retail arm, EET Retail, has announced its plan to acquire independent UK forecourt operator SGN Retail.
Indian manufacturers race ahead of global firms in factory leasing
According to a recent report by Savills India, domestic manufacturers are leading the charge in India's industrial real estate sector.
AI stocks plunge as industry leaders urge slower model development
Global AI-related stocks witnessed a major dip on Monday, following Anthropic CEO Dario Amodei's call for a slowdown in the development of AI capabilities.
India's retail inflation rises to 4.82% in August
India's retail inflation surged to 4.82% in August, up from July's 4.45%, according to government data released today.
India extends 654MW power supply to Nepal through 2026
India has approved the export of 654 megawatts (MW) of electricity to Nepal Electricity Authority.
Indiabulls diversifies into fintech with ₹1,050cr deal
Indiabulls has announced its plan to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore.
This auto component maker plans to raise $400M via IPO
Faridabad-based Victura Group, a leading manufacturer of auto components, has appointed Rothschild as an advisor for its upcoming public listing.
India's formal workforce grows, but women remain underrepresented
India's formal employment sector is witnessing rapid growth, with the Employees' Provident Fund Organization (EPFO) adding 69.03 lakh net members between April and July 2025.
InsuranceDekho co-founders consider stepping down ahead of IPO
InsuranceDekho's co-founders, Ankit Agrawal and Ish Babbar, are reportedly considering stepping down from their roles in the IPO-bound company.
Who will lead HDFC Bank next? Here are top contenders
HDFC Bank has nominated two candidates for its top job: Deputy Managing Director Kaizad Bharucha and an external candidate.
TRAI rethinks spam rules as legitimate AI calls increase
The Telecom Regulatory Authority of India (TRAI) is working on a new regulation to prevent legitimate AI business calls from being marked as spam.
Anthropic signs $13.7B AI compute deal with RUM Group
Anthropic has signed a six-year compute agreement worth $13.7 billion with RUM Group, as reported by The Information.
SoftBank raises $11.87B loan for OpenAI investment
SoftBank Group has secured an $11.87 billion loan to fund its investment in US-based artificial intelligence (AI) firm OpenAI. The amount is higher than the initial target of $10 billion.
India's wholesale price inflation rises to nearly 10% in August
India's wholesale price inflation has seen a marginal rise, hitting 9.92% in August 2026 as compared to 9.78% in July.
Anthropic picks Nasdaq for IPO
Anthropic, the AI company behind Claude chatbot, is gearing up for a major initial public offering (IPO) on Nasdaq.
Gold falls as US inflation data fuels Fed rate-hike bets
The price of gold has witnessed a slight dip, following the release of hotter-than-expected US inflation data.
SoftBank plunges 13% as AI chiefs urge slower development
SoftBank Group's shares plummeted over 13% in Tokyo on Monday, marking their biggest fall since late June.
Brent nears $110 as US-Iran conflict drives oil higher
Oil prices witnessed a sharp spike on Monday, with Brent crude breaching the $107 per barrel mark. The surge is mainly due to rising tensions in the Middle East and fears of potential disruptions to global energy supplies.
Tata Sons could be valued ₹9-12.5L crore in an IPO
Tata Sons, the holding company of the Tata Group, could be valued between ₹9 lakh crore and ₹12.5 lakh crore in a potential initial public offering (IPO), as per the Economic Times.
Why Amazon has suspended work with 21 Air
Amazon has announced a temporary halt in its operations with 21 Air LLC, the owner of the cargo plane that crashed in Miami last week.
Vodafone Idea seeks ₹35,000cr loan to meet capex needs
Vodafone Idea (Vi), one of India's leading telecom service providers, is in the process of forming a consortium of eight to 10 lenders.
RBI liquidity surplus hits record: Will loans get cheaper?
India's banking system is witnessing an unprecedented cash surplus, with liquidity exceeding ₹11 lakh crore in early September. This is a record high, according to Bloomberg data.
Google ramps up AI talent hunt with Mechanize acquisition
Google has officially acquired San Francisco-based artificial intelligence (AI) start-up, Mechanize. The deal, which is said to be worth over $1.5 billion, was completed recently.
This Chennai-based port is planning ₹1,200cr IPO in India
Kamarajar Port Ltd, the first corporate major port in India, is gearing up for an initial public offering (IPO).
India's semiconductor sector has raised $1.4B in equity funding
India's semiconductor industry has witnessed a massive surge in equity funding, attracting $1.4 billion across 281 companies, according to data from Tracxn.
Why EVs, home appliances might soon become costlier in India
The recent surge in copper prices, which have now crossed $14,000 per ton, is likely to make electric vehicles (EVs) and consumer appliances more expensive.
Why PwC India, US are creating a joint venture
PwC India and PwC US have announced a joint venture to combine their advisory capabilities in India and the US.
Why AI slowdown calls could hit chipmakers
The recent calls from tech leaders to slow down the development of artificial intelligence (AI) technology could have a short-term impact on chipmakers and supply-chain stocks.
Oracle plans more layoffs as AI data center costs soar
Oracle is gearing up for a larger round of layoffs as it tries to rein in costs and fund the expansion of its AI-focused data centers.
Jindal Steel bags a Guinness World Record for this reason
Jindal Steel, in partnership with the CSIR-Central Road Research Institute (CSIR-CRRI), has bagged a Guinness World Record for building the world's longest road made entirely of processed steel slag aggregates.
How a US-China economic decoupling could help other nations
A recent study has shown that a complete economic decoupling between the US and China could actually be beneficial for many other countries.
You can't use Indian Patent Office's official logo without permission
The DPIIT has issued a notice, warning against the unauthorized use of Indian Patent Office's official logo.
India's gem and jewelry exports rise 3.14% to $2.3B
India's gem and jewelry exports grew by 3.14% year-on-year in August, reaching $2.30 billion (approximately ₹21,945.87 crore).
FPIs pull out ₹13,138cr from Indian equities this September
Foreign portfolio investors (FPIs) have pulled out ₹13,138 crore from Indian equities in the first half of September.
Russia's fuel imports from India hit record high in August
Russia's fuel imports from India have hit a record high, with 172,000 metric tons of oil products imported in August alone.
Tata Sons board may ask chairman Chandrasekaran not to leave
The Nomination and Remuneration Committee (NRC) of Tata Sons' board, is set to oppose Chairman N Chandrasekaran's decision not to seek reappointment after his current term ends in February 2027.
OpenAI won't go public this year amid AI safety concerns
OpenAI CEO Sam Altman has ruled out the possibility of an initial public offering (IPO) this year.
Larry Ellison won't sell $7.5B worth of Oracle stock
Larry Ellison, the Executive Chairman of Oracle Corporation, has canceled his plan to sell 50 million shares of the company's stock.
India's insolvency regulator mulling tighter safeguards: How it affects you
The Insolvency and Bankruptcy Board of India (IBBI) is mulling stronger safeguards for insolvency proceedings involving personal guarantors of corporate debtors.
US imposes anti-dumping duties on solar imports from India, Indonesia
The US has imposed heavy anti-dumping and countervailing duties on imports of solar cells and panels from India, Indonesia, and Laos.
BRICS endorses India's proposals on sports technology and manufacturing
The New Delhi Declaration of BRICS has endorsed India's proposals to create a working group on sports technology and host a sports goods manufacturing conclave.
Former Google chief scientist's AI start-up is targeting $50B valuation
Jeff Dean, the former chief scientist at Google, is looking to raise funds for his new artificial intelligence (AI) start-up, Discovery Loop.
RBI rejects Tata Sons' bid, paving way for its IPO
The Reserve Bank of India (RBI) has rejected Tata Sons's application for voluntary surrender of its Certificate of Registration (CoR) to be classified as unregistered Core Investment Company (CIC).
HDFC Bank sends two names for MD post to RBI
HDFC Bank's board has proposed two candidates to the Reserve Bank of India (RBI) for the position of Managing Director and Chief Executive Officer (MD & CEO).
Ganesh Chaturthi: Indian stock market to remain closed next Monday
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on September 14, 2026, due to Ganesh Chaturthi.
CEO Matt Mullenweg regains control of Automattic days after ouster
Matt Mullenweg, the founder of WordPress and a prominent figure in the open-source community and the founder of Automattic, has claimed he was back in control of Automattic.
IPO-bound Nscale appoints ex-OpenAI executive Fidji Simo to board
UK-based AI data center start-up, Nscale, has announced the appointment of Fidji Simo to its board.
A robot now assists passengers at Cochin Airport
Cochin International Airport Ltd (CIAL) has launched a robotic assistance service at the airport, as part of its efforts to improve passenger convenience and travel experience.
WeWork India seeks NCLT nod to offset accumulated losses
WeWork India has filed an application with the National Company Law Tribunal (NCLT), Bengaluru Bench.
How SEBI's proposed changes to CAS will affect stock market
The Securities and Exchange Board of India (SEBI) has proposed a set of changes to the Closing Auction Session (CAS).