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Business News

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09 Jan 2026
TL;DR

Johnson & Johnson teams up with Trump administration to lower drug costs

Johnson & Johnson has reached an agreement with the Trump administration to lower medicine prices for certain U.S. patients, improving access and affordability.

09 Jan 2026
TL;DR

Lenovo to build next-gen AI servers in India for the world

Lenovo aims to make India a key export hub for its infrastructure business, planning to design and manufacture artificial intelligence servers for global markets.

09 Jan 2026
TL;DR

Sid's Farm revenue jumps, but losses widen in FY25

Hyderabad-based dairy brand, Sid’s Farm, posted a 38% increase in operating revenue to Rs 168 crore in FY25 but saw losses surge 2.6x due to rising costs.

09 Jan 2026
TL;DR

Bharat Coking Coal IPO fully subscribed in just an hour

Bharat Coking Coal's initial public offering (IPO) was fully subscribed within an hour of opening, led by strong demand from retail and non-institutional investors.

09 Jan 2026
TL;DR

Crude oil prices climb as US steps back from Venezuela intervention

Crude oil futures experienced a rise on Friday due to a US bill potentially limiting intervention in Venezuela, easing concerns over an increase in oil supplies.

09 Jan 2026
TL;DR

72% of Indian professionals eye job switch by 2026, but most feel unprepared

72% of Indian professionals are seeking a job change in 2026, but only 16% feel prepared for the transition, according to a LinkedIn report.

Vodafone Idea shares jump 8% after AGR payment relief plan

Vodafone Idea shares rose 8% to a high of ₹12.4 after the telco announced a detailed timeline for repaying its dues, including adjusted gross revenue (AGR) liabilities.

09 Jan 2026
TL;DR

Vodafone Idea gets major relief: AGR dues frozen, long-term repayment set

The Department of Telecommunications (DoT) has frozen Vodafone Idea's adjusted gross revenue (AGR) dues, setting annual payments at ₹124 crore over the next six years.

09 Jan 2026
TL;DR

RIL eyes Venezuelan crude comeback—here's what's up

Reliance Industries (RIL) shares are anticipated to draw attention as the company contemplates purchasing Venezuelan crude oil, pending US regulatory approval.

09 Jan 2026
TL;DR

Vodafone Idea gets 15-year plan to pay massive AGR dues

Vodafone Idea has disclosed its repayment schedule for ₹87,695 crore in Adjusted Gross Revenue (AGR) dues, potentially impacting its share performance.

09 Jan 2026
TL;DR

India's credit card spending jumps 11.5% in November

India's credit card spending rose by 11.5% YoY in November 2025, driven by deeper card penetration and sustained digital consumption, reports CareEdge Ratings.

09 Jan 2026
TL;DR

Rio Tinto and Glencore eye $207 billion mining mega-merger

Global mining giants, Glencore and Rio Tinto, are in preliminary buyout discussions that could result in the creation of a $207 billion mega-mining company.

09 Jan 2026
TL;DR

Bharat Coking Coal IPO: Quick rundown

Bharat Coking Coal's initial public offering (IPO) has opened for bidding today, despite a slight drop in the grey market premium (GMP).

09 Jan 2026
TL;DR

Tim Cook's 2025 Apple Pay package dips slightly to $74.3 million

Apple CEO Tim Cook received a total compensation of over $74 million in 2025, with the majority coming from stock awards.

09 Jan 2026
TL;DR

Defrail Technologies IPO: Key details at a glance

Defrail Technologies' Rs 13.77 crore IPO opens today, with an expected listing on January 16. The grey market premium is currently around 8%.

09 Jan 2026
TL;DR

Elon Musk's xAI raises $20B to accelerate AI development

Elon Musk's artificial intelligence startup, xAI, reported a net loss of $1.46 billion in the September quarter as it rapidly expands its operations.

09 Jan 2026
TL;DR

Japan's spending bounces back in November—here's what's up

Japanese household spending saw an unexpected 2.9% year-on-year surge in November, indicating a steady recovery in private consumption despite inflation outpacing wage growth.

09 Jan 2026
TL;DR

India's inflation is ticking up, but still way lower than last year

India's retail inflation likely rose to 1.6% in December, up from 0.7% in November, driven by reduced food deflation and fading base effects, according to a Mint poll.

09 Jan 2026
TL;DR

State-owned investors pull back big on India in 2025

State-owned investors, including sovereign wealth funds, reduced their investments in India by over 70% in 2025 due to high interest rates and geopolitical uncertainty.

09 Jan 2026
TL;DR

Elon Musk's xAI is bringing a $20B supercomputer hub to Mississippi

Elon Musk's AI company, xAI, is investing $20 billion in a new data center in Southaven, Mississippi. The project faces opposition due to environmental concerns.

09 Jan 2026
TL;DR

EPFO to roll out instant PF withdrawals via BHIM app

The Employees Provident Fund Organisation (EPFO) is set to enable instant advance withdrawals for its members through the BHIM app in the coming months.

09 Jan 2026
TL;DR

Meta hires ex-Doge, Trump election lawyer Bill McGinley as lobbyist

Meta Platforms Inc. has enlisted Bill McGinley, a former top lawyer for Elon Musk’s Department of Government Efficiency and Trump's election attorney, as a lobbyist.

09 Jan 2026
TL;DR

GM hits pause on some EV plans, takes $6 billion charge

General Motors anticipates a $6 billion hit to its profits due to reduced electric vehicle production and dwindling demand.

09 Jan 2026
TL;DR

Google just passed Apple—thanks to AI and some bold moves

Google's parent company, Alphabet, has outpaced Apple in market capitalization for the first time since 2019, driven by the success of its AI innovations and hardware advancements.

08 Jan 2026
Tech Mahindra

Why telecom issues persist ahead of Noida International Airport launch

The Noida International Airport (NIA) in Jewar is set to open this month but the telecom network connectivity for passengers is still unclear.

08 Jan 2026
LG

LG Electronics stock down 18% since listing: Hold or sell?

LG Electronics India's shares fell by over 4% on January 8, following the end of a three-month shareholder lock-in period.

08 Jan 2026
California

Zoho's Sridhar Vembu to deposit $1.7B bond in divorce case

Sridhar Vembu, the tech billionaire and co-founder of software products company Zoho Corporation, has been ordered by a California court to post a bond of $1.7 billion in his ongoing divorce proceedings.

ED raids Satat Sampada's co-founders over foreign funds

The Enforcement Directorate (ED) has raided the residences of Harjeet Singh and Jyoti Awasthi, the co-founders of Noida-based non-profit organization, Satat Sampada.

08 Jan 2026
Samsung

Brace yourself! Smartphones could get more expensive

The global memory chip market is on a steep rise, and the reason is artificial intelligence (AI).

08 Jan 2026
LinkedIn

Indian company criticized for banning LinkedIn, 'Open to Work' badges

A viral Reddit post has revealed that an Indian manufacturing company has restricted its employees' activities on LinkedIn.

08 Jan 2026
Air India

Air India adds first Boeing 787-9 Dreamliner in years

Air India, the Tata Group-owned airline, has added a new Boeing 787-9 Dreamliner to its fleet.

EPFO lets trans members update name, gender with identity certificates

The Employees's Provident Fund Organisation (EPFO) has taken a major step toward inclusivity by accepting transgender identity certificates issued through the National Portal for Transgender Persons.

08 Jan 2026
MK Stalin

Tamil Nadu launches India's first deep tech start-up policy

In a major push to its start-up ecosystem, the Tamil Nadu government has launched India's first deep-tech policy.

08 Jan 2026
Apple

JPMorgan strikes deal to run Apple's credit card business

JPMorgan Chase has announced a deal to take over Apple's credit card business from Goldman Sachs.

08 Jan 2026
California

NVIDIA CEO says he's 'perfectly fine' with California's billionaire tax

NVIDIA CEO Jensen Huang has said he would be "perfectly fine" with a potential $7.75 billion tax bill.

08 Jan 2026
Sensex

Sensex tanks 700 points: What's behind today's market crash?

The Indian stock market witnessed a major downturn today, with the BSE Sensex plummeting over 730 points in the ongoing trading session.

08 Jan 2026
Stock Market

Metal stocks tumble up to 5% after record rally

Shares of metal companies such as Hindustan Zinc, Hindustan Copper, NALCO, and Vedanta are witnessing a sell-off today.

08 Jan 2026
Anthropic

Anthropic plans to raise $10B at $350B valuation

Anthropic, the company behind Claude, is gearing up for another fundraising round.

08 Jan 2026
Ubisoft

Ubisoft shuts down Halifax studio weeks after employees unionize

Ubisoft is shutting down its Halifax studio in Canada, just 16 days after the employees there voted to unionize.

08 Jan 2026
Bitcoin

World's most notorious scammer arrested, extradited to China

Chinese businessman Chen Zhi, who was indicted by the US for fraud and money laundering, has been arrested in Cambodia and extradited to China.

08 Jan 2026
Indian Government

Budget 2026: How India plans to simplify customs duty structure

The Indian government is mulling over a major overhaul of its customs duty structure in the upcoming 2026 Union Budget.

08 Jan 2026
Samsung Electronics

AI boom triples Samsung's profit to an all‑time high

Samsung Electronics has posted a record high quarterly profit, more than tripling due to the global demand for AI servers that sharply increased memory chip prices.

Discord could go public as early as March

Discord, the popular chat and community platform, is reportedly gearing up for an initial public offering (IPO) in March.

08 Jan 2026
Google

Google parent overtakes Apple as world's second most valuable firm

Google's parent company, Alphabet, has surpassed Apple to become the second most valuable company in the world by market capitalization.

08 Jan 2026
Anil Agarwal

Billionaire Anil Agarwal's son, 49, dies of sudden cardiac arrest

Billionaire Anil Agarwal, the chairman of Vedanta Group, has announced the tragic demise of his son, Agnivesh.

08 Jan 2026
Adani Group

Adani, Embraer partner to build regional jets in India

In a major boost to India's aviation sector, the Adani Group has partnered with Brazilian aerospace giant Embraer.

08 Jan 2026
OpenAI

OpenAI sets aside $50B stock pool to reward employees

OpenAI has set aside a significant employee stock grant pool, according to The Information.

07 Jan 2026
Warner Bros

Warner Bros rejects Paramount Skydance's $108B hostile takeover bid

The board of Warner Bros. Discovery has unanimously rejected a revised $108.4 billion hostile takeover bid from Paramount Skydance.

07 Jan 2026
Deepinder Goyal

Zomato's search for chief of staff still not over

Eternal CEO Deepinder Goyal has revealed that his controversial 2024 announcement about hiring a chief of staff was actually a strategic move to filter out the right talent.

07 Jan 2026
IndiGo

IndiGo's A321 XLR aircraft marks new era in Indian aviation

IndiGo, India's largest airline, has taken a major step in its fleet expansion journey with the arrival of the country's first Airbus A321 XLR aircraft.

07 Jan 2026
IndiGo

Why Modi government is asking airlines to share fare data

The Indian government has requested major airlines, including IndiGo, Air India, SpiceJet, and Akasa, to provide data on average fares charged.

07 Jan 2026
India

This is how Indians earned money in 2025

India is witnessing a shift from a salary-centric economy to one with diverse income streams, according to ClearTax's "How India Filed in 2025" report.

07 Jan 2026
Nirmala Sitharaman

Nirmala Sitharaman's 9th Budget: Who's in her team this year?

Finance Minister Nirmala Sitharaman is all set to present her ninth consecutive Union Budget.

07 Jan 2026
Meesho

Meesho shares fall up to 5% as lock-in period ends

Shares of Meesho fell by as much as 5% to ₹173 on Wednesday after the expiry of a one-month shareholder lock-in period.

07 Jan 2026
Beijing

Why China is reviewing Meta's $2B Manus AI deal

Chinese authorities are considering intervening in Meta's acquisition of Manus, an AI agent developer with Chinese roots.

07 Jan 2026
Japan

Too busy to date? Japan's companies are now playing Cupid

As Japan grapples with labor shortages and a declining birth rate, some employers are turning to an unconventional solution: corporate-only dating apps.

07 Jan 2026
Jemimah Rodrigues

Indian cricketer Jemimah Rodrigues has invested in this helmet brand

Indian cricketer Jemimah Rodrigues has made her first investment by partnering with Tvarra, a women-first helmet brand.

07 Jan 2026
Infosys

Infosys and AWS join hands to boost generative AI adoption

Infosys, a leading IT company based in Bengaluru, has announced a strategic partnership with Amazon Web Services (AWS).

Gen Z's favorite chat app is going public

Discord, the San Francisco-based chat app popular among Gen Z users, has confidentially filed for an initial public offering (IPO).

07 Jan 2026
Microsoft

Microsoft may lay off 10% of employees this month: Report

Microsoft is planning a major round of layoffs, with teams in Gaming, Azure, and Sales likely to be affected.

07 Jan 2026
Google

Google's Larry Page moves businesses from California amid billionaire tax

Larry Page, the billionaire co-founder of Google, has officially moved his business interests out of California.

Bharat Coking Coal IPO: GMP points to strong debut gains

Bharat Coking Coal Limited (BCCL), a subsidiary of state-owned Coal India, is gearing up for its initial public offering (IPO) this week.

07 Jan 2026
China

Silver hits fresh record high of $83.62: What's driving surge?

Silver prices have hit a new all-time high of $83.62 an ounce, marking a 15% increase in 2026 so far.

07 Jan 2026
Stock Market

Venezuela's stock market soars 50% in a day: What's happening?

Venezuela's IBC Index, based in Caracas, witnessed a whopping 50% surge in a single trading session on Tuesday.

Tata Steel, JSW Steel, SAIL accused of price-fixing in India

Competition Commission of India (CCI) has accused leading steel manufacturers Tata Steel, JSW Steel, and state-run SAIL of colluding to fix steel prices.

06 Jan 2026
Amazon

Why Amazon is facing a price gouging lawsuit in US

A US judge has denied Amazon's request to dismiss a proposed class-action lawsuit, accusing the online retail giant of price gouging during the COVID-19 pandemic.

EPF withdrawals now simpler: When can you take out money?

The Employees' Provident Fund Organisation (EPFO) has made a major change in its withdrawal system.

06 Jan 2026
Donald Trump

US to receive over $600B in tariff revenue, Trump claims

US President Donald Trump has claimed that the country will collect over $600 billion in tariffs.

New I-T Act effective from April: What changes for you?

The new Income Tax Act 2025 will come into effect in India from April 1, 2026. The act seeks to simplify the tax code and reduce interpretational disputes by cutting down on complexity.

06 Jan 2026
Tata Motors Ltd

Tata Motors PV shares down 4% today: What's the reason?

Tata Motors Passenger Vehicles (TMPV) shares fell over 4% to ₹360 today, after its luxury division, Jaguar Land Rover (JLR), reported a steep fall in wholesale and retail volumes for Q3 FY26.

06 Jan 2026
Nestle

Why Nestle has recalled baby formula products in the UK

Nestle has issued a recall for certain batches of its SMA infant and follow-on formulas in the UK, due to the possible presence of cereulide.

06 Jan 2026
Amazon Pay

Amazon Pay launches fixed deposits with up to 8% interest

Amazon Pay has launched a new service in India, offering Fixed Deposits (FDs) through its platform.

06 Jan 2026
Zepto

You can now perform in-app UPI payments on Zepto

Zepto, a quick commerce company, has launched an in-app unified payments interface (UPI) feature.

06 Jan 2026
Stock Market

NALCO stocks hit record high today: Here we decode why

Stocks of National Aluminium Company Limited (NALCO) have hit a record high of ₹351 per share, gaining 6.1% in a day.

06 Jan 2026
Indian Economy

India's services sector growth declines to 11-month low in December

India's services sector growth slowed down to an 11-month low in December, a recent survey by S&P Global has revealed.

05 Jan 2026
Swiggy

Swiggy launches 'EatRight' category to promote healthy eating

Swiggy, one of India's leading food delivery platform, has launched a new category called 'EatRight' to make healthier food choices more accessible.

05 Jan 2026
Gujarat

SC strikes down SEZ power duty, Adani Power gets relief

The Supreme Court of India has ruled that customs duty cannot be levied on electricity supplied from a Special Economic Zone (SEZ) to the domestic market.

05 Jan 2026
Indian Government

Nationwide bank strike on January 27: Reason and impact explained

Bankers' unions have called for a nationwide strike on January 27, demanding a five-day work week.

How US takeover of Venezuelan oil could benefit Reliance, ONGC

Leading Indian companies Reliance Industries and Oil and Natural Gas Corporation (ONGC) are likely to be major beneficiaries of a possible US-led takeover and restructuring of Venezuela's oil sector.

05 Jan 2026
Foxconn

Apple's iPhone exports from India cross $50B milestone

Apple's iPhone exports from India have hit a new high, crossing the $50 billion mark under the government's Production-Linked Incentive (PLI) scheme.

05 Jan 2026
Donald Trump

India's defense, oil stocks surge after US raids in Venezuela 

Indian defense and oil stocks witnessed a surge on January 5, following the United States's military operation in Venezuela.

05 Jan 2026
Donald Trump

Trump threatens higher tariffs on India over Russian oil imports

US President Donald Trump has warned of the possibility of raising tariffs on Indian imports if New Delhi doesn't cooperate on what he termed the "Russian oil issue."

05 Jan 2026
Air India

Why Air India CEO Campbell Wilson may be replaced soon

Tata Sons is reportedly considering a leadership change at Air India, with Campbell Wilson's position under review.

04 Jan 2026
Microsoft

Microsoft CEO says AI must now prove everyday usefulness

Microsoft CEO Satya Nadella has called for a major shift in the artificial intelligence (AI) industry.

5 IPOs to open next week: Everything you should know

Five initial public offerings (IPOs) are set to hit the Indian market next week, beginning January 5, 2026.

04 Jan 2026
India

Why India has launched an anti-dumping probe against China, Russia

India has launched an anti-dumping investigation into the import of nylon-6 chips and granules from China and Russia.

04 Jan 2026
Indian Government

Can India's new tobacco tax fuel cigarette smuggling?

Experts have warned that a recent tax hike and new excise duty structure on tobacco could lead to an increase in cigarette smuggling and major revenue losses for the Indian government.

04 Jan 2026
India

Will US-Venezuela conflict impact trade with India? Expert weighs in

The recent US-Venezuela conflict will have a negligible impact on India's trade with the South American nation, according to the Global Trade Research Initiative (GTRI).