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Wipro, CrowdStrike launch CISO Command Center to counter AI attacks
Wipro and CrowdStrike have launched a cybersecurity command centre to help businesses detect and respond to rapidly evolving AI-driven cyber threats.
Why Modi government wants these virtual digital asset platforms removed
The Indian government has ordered the removal of 15 virtual digital asset (VDA) platforms for violating anti-money laundering laws.
Telangana government, Zepto open 5 PRAGATI centers in Hyderabad
Telangana Government and Zepto have partnered to set up five Project PRAGATI Centres in Hyderabad, offering essential facilities for gig and platform workers.
Indian banks prepare overseas dollar bonds to repay FCNR(B) loans
RBL Bank, Bank of Maharashtra, UCO Bank, and Bank of India are preparing to raise funds abroad through dollar bonds to address asset-liability mismatches.
Pratyush Kumar says India can become global AI leader cost-effectively
India's AI potential focuses on deploying cost-effective technology for its vast population, with Sarvam CEO highlighting infrastructure and specialised models at GFF 2026.
Christine Tan says AI cuts IPO research to 10 minutes
Artificial intelligence is transforming financial services, cutting IPO research time from nine months to 10 minutes, according to J.P. Morgan's Christine Tan at GFF 2026.
ICICI Securities rates Knowledge Realty Trust 'Buy' with ₹130 target
ICICI Securities initiates coverage on Knowledge Realty Trust (KRT) with a "Buy" rating, setting a target price of ₹130, implying a potential 16% upside from its current ₹112.
The Economic Times Founders's Growth Retreat sails for strategic growth
The Economic Times Founders’ Growth Retreat offers India’s entrepreneurs a unique space to pause, connect, and strategize for scaling their businesses to the next level.
Jefferies rates Vodafone Idea 'Buy' with ₹20 target, 29% upside
Jefferies initiated coverage on Vodafone Idea, highlighting it as a high-beta turnaround prospect in Indian telecom with a 29% upside potential and a price target of Rs 20.
JSW Green Mobility and Skoda sign MoU to build cars
JSW Group and Volkswagen Group have signed a non-binding MoU to explore a joint venture in India, focusing on cost-cutting and reducing reliance on Chinese partnerships.
Bitcoin at $79,700 as oil tops $100 amid U.S.-Iran tension
Bitcoin rose to $79,000, tracking gold's gains, as Brent crude surpassed $100 following U.S.-Iran tensions, while European equities fell amid a broader risk-off sentiment.
India and Saudi Arabia sign 3-year fintech, startups, investment pact
India and Saudi Arabia have signed a three-year pact to boost fintech and startup ecosystems, focusing on market access, investment promotion, and cross-border opportunities.
NPCI unveils FiMI banking built with Google's Gemma AI
NPCI unveiled FiMI Banking, an AI model for Indian retail banking, at GFF 2026, partnering with HDFC Bank to enhance its capabilities for complex multi-step banking tasks.
EPFO simplifies EPF withdrawals for education, medical emergencies, housing needs
EPFO has revised EPF advance rules, simplifying withdrawals for essential needs like education, medical treatment, and housing while maintaining applicable limits and conditions.
SFIO recommends probe into Xiaomi India over foreign investment rules
India’s SFIO has recommended a detailed probe into Xiaomi over alleged foreign investment violations and e-commerce practices, awaiting government approval for further action.
Flipkart launches Flipkart Minutes app promising 10-minute delivery in India
Flipkart has launched its standalone quick-commerce app, Flipkart Minutes, promising 10-minute deliveries of groceries, electronics, and more across multiple cities in India.
BSE's Sundararaman Ramamurthy warns of low closing auction uptake
Most market participants remain hesitant to engage with India’s new closing auction system, causing volatility and subdued volumes, according to BSE CEO Sundararaman Ramamurthy.
Bitcoin holds just below $80,000 amid $246 million liquidations
Bitcoin trades near $79,000 as macroeconomic risks rise, with $246 million in crypto positions liquidated over 24 hours and volatility climbing to 40.2%.
Indian Sensex falls over 800 points as oil tops $100
Indian markets plunged as crude oil prices surged past $100 per barrel amid West Asia tensions, with IT stock sell-offs and foreign fund outflows further dampening sentiment.
NSE to slash IPO price range to ₹1,700-1,785
The National Stock Exchange of India (NSE) is likely to price its long-awaited initial public offering (IPO) at ₹1,700-1,785 per share, according to a Bloomberg report.
RBI uses currency swaps to absorb ₹11 trillion banks' surplus
India's central bank employed short-term currency swaps to address a record 11 trillion rupees ($115 billion) cash surplus, aiming to curb inflation risks from excess liquidity.
Why Indian IT stocks lost ₹55,000cr in today's session
Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.
Zankore secures up to $3.1B for NVIDIA AI Southeast Asia
Zankore has obtained a $3.1 billion loan to develop Nvidia-powered AI infrastructure, aiming to establish a major AI cloud platform in Indonesia and Southeast Asia by 2027.
Pratyush Kumar says India could soon be an AI powerhouse
India is set to lead in AI development and adoption over the next decade, says Sarvam cofounder Pratyush Kumar, emphasizing cost-effective, scalable solutions.
Mastercard rolls out World Select premium card program in Mumbai
Mastercard introduced its premium World Select card programme at GFF 2026 in Mumbai, targeting India's affluent consumers with exclusive travel, dining, and lifestyle benefits.
Axis Bank, J.P. Morgan outline AI at Global Fintech Fest
Axis Bank and J.P. Morgan highlight how AI is evolving from understanding customers to executing tasks, reshaping personalisation, operations, and competitive dynamics in banking.
TCC Concept shares jump over 40% to ₹58.80 Sept 9
TCC Concept shares soared over 40% in two sessions, driven by a subsidiary merger announcement, stock split proposal, and robust financial performance in its latest annual report.
IIT Delhi launches 7-month online Executive Chief of Staff program
IIT Delhi has unveiled a seven-month online Executive Programme for Chief of Staff roles, focusing on strategic leadership, decision-making, and cross-functional collaboration.
Brent crude hits $100 per barrel as US-Iran tensions escalate
Brent crude oil prices have surged to $100 a barrel for the first time since July 24. The spike comes as fears of supply disruptions from the Middle East region grow amid escalating attacks.
Infosys shares drop 6th straight day, wipe out over ₹40,000cr
Infosys shares fell 4.8% on Wednesday, marking their sixth consecutive session of losses and eroding over ₹40,000 crore in market capitalisation during this period.
Coforge chairman resigns after internal audit raises concerns
Coforge, a leading Indian IT services provider, witnessed a major fall in its shares today after the resignation of its chairman, Om Prakash Bhatt.
NSE BSE MSE unite to modernize India's trading with AI
India's exchange leaders highlight AI-driven efficiency, trust-building frameworks, and resilient infrastructure as key drivers for transforming the nation's financial markets.
India inflation likely 4.8% in August above RBI 4% target
India's consumer inflation likely surged to a 20-month high in August at 4.80%, driven by soaring food and fuel prices, according to a Reuters poll of economists.
UPI accepted at Resorts World Sentosa for prearrival ticket bookings
Indian travellers can now use UPI apps to book and pay online for experiences at Singapore’s Resorts World Sentosa, thanks to a partnership between NIPL and FOMO Pay.
Australian team visits Bengaluru, advances India space technology collaboration
Australian space firms are exploring commercial partnerships with Indian companies, leveraging complementary capabilities to expand the growing India-Australia space ecosystem.
HyperVerge launches AI in Mumbai to speed business loan approvals
HyperVerge's AI tools cut business-loan processing from hours to minutes, but cofounder Kedar Kulkarni emphasizes human oversight for complex credit decisions.
NPCI International joins FOMO Pay to enable UPI in Singapore
NPCI International has collaborated with Singapore's FOMO Pay to enable UPI acceptance across its merchant network, enhancing payment options for Indian travelers in the region.
Australian NEXTDC set to raise A$1.1 billion via convertible notes
Australian data centre operator NEXTDC plans to raise $795 million through convertible notes, aiming to expand infrastructure amid rising AI-driven demand and resource constraints.
US strikes 5 Iranian tankers after Iran attacks US warship
US forces targeted five Iranian oil tankers after Tehran launched missiles at an American base in Jordan, intensifying tensions following attacks on a US warship earlier this week.
Amazon Pay, Kotak Mahindra Bank launch Amazon Business credit card
Amazon Pay and Kotak Mahindra Bank introduced a co-branded credit card at GFF 2026, offering cashback and interest-free benefits for small business owners.
India readies $13bn chip plan offering up to 50% subsidies
India's $13 billion initiative aims to establish a domestic semiconductor ecosystem, reducing reliance on imports and meeting the projected $200 billion local demand by 2035.
SoftBank to repay $40 billion OpenAI loan by September 15
SoftBank will repay the remaining $25.9 billion of its $40 billion bridge loan on September 15, originally used to finance its OpenAI investment and other costs.
India and US near finalizing trade deal, says Rajesh Agrawal
India and the US have "more or less" finalised a trade deal, focusing on preferential market access, Commerce Secretary Rajesh Agrawal revealed.
Egypt to build 1st AI data center with NVIDIA technologies
Egypt has announced a $1 billion project to establish a 200 MW artificial intelligence data center using Nvidia technology, starting with an initial $200 million investment.
S&P Global Ratings assigns IDFC FIRST Bank BBB- stable outlook
IDFC FIRST Bank secured a BBB- Long-Term and A-3 Short-Term rating with a Stable Outlook, enhancing its access to global financial markets and international funding opportunities.
McLaren to create 1,000 UK jobs with £450m Woking investment
McLaren will generate 1,000 jobs through a £450m investment in its Woking technology centre, boosting the UK's automotive industry amidst sector-wide challenges.
Pay 45% by Sept 15 if estimated tax ₹10,000
Taxpayers must pay 45% of their estimated annual tax liability by September 15 to avoid interest penalties, making accurate mid-year income estimation crucial for compliance.
Flipkart to roll out 'Eat In' food delivery in Bengaluru
Flipkart is set to launch its food-delivery service, Eat In, in Bengaluru, starting with employees before expanding to consumers amid growing competition in the market.
Adani Airports raises $1B from Temasek, BlackRock and others
Adani Enterprises has announced its decision to raise nearly $1 billion (approximately ₹9,825 crore) by selling a stake in its airport unit, Adani Airport Holdings Limited (AAHL).
Brent crude tops $100 a barrel amid U.S.-Iran tensions
Brent crude surged past $100 a barrel as escalating Middle East tensions and attacks on Saudi energy facilities heightened fears of prolonged disruptions to global oil supplies.
Perfios's Nitin Chugh at Global Fintech Fest outlines agentic AI
Perfios CEO Nitin Chugh envisions a future where bank accounts evolve into autonomous AI agents, capable of making decisions and streamlining financial workflows for customers.
ATF prices rise over 5%, Indian carriers rethink schedules
Aviation Turbine Fuel (ATF) prices have surged by 5.46% in September, forcing Indian airlines like IndiGo to cut flight frequencies and grapple with higher operating expenses.
Mohit Bhatnagar outlines 5-layered cake AI strategy for Peak XV
Peak XV’s Mohit Bhatnagar emphasizes the firm’s focus on AI and deep tech, highlighting over 100 AI investments and 50+ portfolio firms nearing IPO readiness.
China's 2026 IPO surge delivers 7 over 100,000 yuan payouts
Chinese retail investors are reaping massive profits from AI-related IPOs, with some earning over six months' salary in a single day by selling shares on debut.
India smartphone prices jump 21% versus 15% global average
India witnessed a staggering 21% rise in smartphone prices in 2026, the highest globally, driven by soaring memory costs and the dominance of low- and mid-range phone segments.
Swiggy's Toing hits 33 million weekly users, Zomato leads daily
Swiggy's budget app, Toing, has reached 33 million weekly active users, trailing Zomato by just 4%, according to CLSA data, highlighting its rapid growth trajectory.
Stradvision plans ADAS rollout in India by 2027 targeting affordability
Stradvision, a South Korean AI automotive vision firm, aims to launch its cost-effective ADAS software in India by 2027 while recruiting local engineering talent.
PhonePe, Visa introduce tap to pay and cross-border QR payments
PhonePe and Visa have launched three new payment features at the Global Fintech Fest 2026.
Coding start-up Cognition AI raises $2B at $48B valuation
Cognition AI, a start-up specializing in artificial intelligence (AI) coding, has raised $2 billion in its Series E funding round.
Singapore Airlines wants more control before fresh Air India funding
Singapore Airlines is looking for more management control and stronger governance rights before it agrees to pump in funds into Air India, as per Reuters.
Indian markets slide as Brent hits $99.50 and IT sell-off
Indian equity benchmarks recovered slightly from intraday lows as rising crude oil prices and heavy IT stock selloff continued to weigh on investor sentiment.
Tata Consultancy Services launches India's 1st lights-out factory in Pune
Tata Consultancy Services (TCS) has launched India’s first fully robotic battery pack assembly line at its Industrial Autonomy & Engineering Lab in Pune.
Volkswagen and JLR cut jobs to catch up in EVs
Volkswagen and JLR are cutting jobs to adapt to the EV transition, address declining sales in key markets, and navigate rising competition from Chinese automakers.
Paytm parent stock jumps 5% on enterprise AI move
Paytm shares surged 5% after unveiling its AI-driven enterprise solutions, marking a strategic shift beyond digital payments into higher-margin business opportunities.
Gold rises on MCX to ₹152,769 per 10gm
Gold futures for October delivery rose by ₹190 to ₹1.52 lakh per 10 grams on MCX, driven by fresh positions from speculators amid strong spot demand.
Akasa Air, BPCL operate Mumbai Goa flight using 1% SAF
Akasa Air and BPCL successfully operated a commercial flight using 1% Sustainable Aviation Fuel, marking a significant step in India's aviation decarbonisation efforts.
Razorpay CEO Harshil Mathur warns AI attacks demand AI defenses
As cyber attackers leverage AI to exploit vulnerabilities, Razorpay CEO Harshil Mathur stresses the urgent need for companies to adopt AI-powered defenses.
Rupee drops to ₹95.2250 as oil nears $100, RBI retreats
The Indian rupee weakened past 95 per dollar as surging oil prices and reduced central bank intervention highlighted its vulnerability to global economic pressures.
Vedanta invests ₹21,000cr to scale up metals for India EVs
Vedanta Group is investing ₹21,000 crore by FY’26 to expand metal production and capacity across aluminium, zinc, copper, nickel, and critical minerals.
Ajit Mohan, Snap's chief business officer, quits
Ajit Mohan, the Chief Business Officer at Snap, has announced his resignation after a four-year stint.
HDFC Bank shares slip almost 2% to ₹690.65 52-week low
HDFC Bank shares fell nearly 2% on Wednesday, touching ₹690.65, a fresh 52-week low, as the stock traded below its previous close of ₹703.
Jio Financial Services targets 100 million customers within the next year
Jio Financial aims to quadruple its customer base to 100 million within a year, leveraging partnerships with BlackRock and Allianz to expand its financial services.
PhonePe, Visa unveil new payments features at Global Fintech Fest
PhonePe and Visa have partnered to introduce seamless, cardless, and borderless payment solutions for Indian consumers and merchants, enhancing global commerce accessibility.
Singapore Airlines seeks board voting power in Air India decisions
Singapore Airlines plans to demand greater management influence and safeguards before committing additional funds to Air India amid ongoing financial challenges.
DeepSeek from Hangzhou readies STAR Market IPO with CITIC Securities
Chinese AI startup DeepSeek has enlisted CITIC Securities to prepare for its STAR Market IPO, aiming to begin the process this year amid intensifying global AI competition.
PC Jeweller shares rally 38% this week and 50% YTD
PC Jeweller shares soared 4% on Wednesday, capping a 38% weekly rise as the company nears debt-free status, having cleared over 96% of its outstanding dues.
Chandukaka Saraf to mark 200th anniversary in 2027 amid expansion
Chandukaka Saraf, established in 1827, marks its 200th year by planning to open five to seven new stores and embracing technology to cater to evolving consumer preferences.
American Express India moves Centurion travel-lifestyle services to Aspire Lifestyles Oct11,2026
American Express India will transition its Centurion Card travel and lifestyle services to Aspire Lifestyles India Private Limited starting October 11.
US suspends Cognizant's green-card applications amid visa fraud probe
The United States Department of Labor has suspended Cognizant's Permanent Labor Certification (PERM) filings.
ADP says AI threatens entry level jobs for young workers
AI advancements may displace younger workers in automation-prone roles, while boosting productivity for experienced staff by streamlining routine tasks, says ADP.
Arcil opens ₹733cr offer for sale IPO priced ₹132-₹139
Arcil has raised ₹220 crore from anchor investors ahead of its ₹733 crore Initial Public Offering (IPO), which opens for public subscription on September 9.
ESDS Software Solution's stock jumps 235% since IPO to ₹1,438.85
ESDS Software shares soared 10% on Wednesday, marking a 235% jump from their IPO price in just four sessions, driven by strong demand and bullish market sentiment.
Sensex plunges 600 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the BSE Sensex and NSE Nifty both witnessing sharp declines.
Bitcoin dips to $78,327 then rebounds above $78,913 mid morning
Bitcoin recovered from an early dip to trade near $79,000 on September 9, as shifting US interest-rate expectations and geopolitical tensions influence market sentiment.
BharatPe launches Agentic AI and Credit Coach to aid merchants
BharatPe introduced an AI assistant and a credit awareness tool at the Global Fintech Fest 2026, enhancing merchant support and financial literacy.
Tata Chemicals and Kenyan government form Magadi soda ash committee
Tata Chemicals has established a high-level technical committee with Kenyan officials to address regulatory concerns and ensure sustainable mining practices.
West Asia tensions push India's crude import price to $100.75
India's crude oil import basket price surged past $100 per barrel amid geopolitical tensions in West Asia, marking its highest level since June 2026.
Bitcoin steadies near $78,900 after brief dip before Fed decision
Bitcoin rebounded to nearly $79,000 after a brief dip below $78,000, while Zcash surged 43% this week as its Grayscale ETF surpassed $500 million in assets.
China sees slight August inflation rise amid weak consumer demand
China's inflation saw a slight uptick in August, with consumer prices rising 0.8%, but persistent weak domestic demand continues to challenge economic growth efforts.
McKinsey finds 17% of farmers worldwide using generative AI
Generative AI is now used by 17% of farmers globally, making it the fastest-growing agricultural technology, according to McKinsey's Global Farmer Insights 2026 report.
Injecto Polymers to open ₹56.12cr IPO on September 11
Injecto Polymers will open its Rs 56.12-crore SME IPO on September 11, offering shares priced at Rs 90-100 each, with a listing date set for September 21.
Rentomojo IPO opens with 33% GMP: Apply or avoid?
Rentomojo, a leading D2C rental and subscription platform in India, has launched its initial public offering (IPO) today.
OpenAI and Anthropic seek investment grade ratings ahead of IPOs
Bankers for OpenAI and Anthropic are pursuing investment-grade credit ratings post-IPO to access the $11.7 trillion corporate bond market, the FT reports.
Nifty IT index slides 3.06% amid Fed rate fears
Indian IT stocks plunged sharply, with the Nifty IT index down 3.06%, driven by US rate-hike fears and company-specific issues at Coforge adding to sector-wide pressure.
Biocon shares up 2.6% after Active Pine ₹635cr block deal
Biocon shares surged nearly 3% on Wednesday following a ₹635 crore block deal, where 1% equity changed hands at ₹385 per share on the Bombay Stock Exchange.
Sensex falls 555 points amid oil rise, U.S.-Iran tensions
Sensex plunged nearly 3,000 points in a month as rising US-Iran tensions fueled crude oil prices and foreign investors offloaded Indian stocks, dampening market sentiment further.
Oracle to cut about 13,000 jobs to shift toward AI
Oracle has quietly reduced its workforce by 13,000 employees to offset rising AI investments, even as its stock surged over 12% following OpenAI's GPT-6 Astra launch.
India's SEBI tightens oversight after alleged manipulation by foreign firms
India's securities regulator is ramping up scrutiny of foreign traders, investigating JPMorgan and Jane Street for alleged market manipulation in its $5 trillion stock market.
MKC Agro Fresh files draft IPO including fresh and OFS
MKC Agro Fresh has submitted draft papers to SEBI for its IPO, comprising a fresh issue of 99.99 lakh shares and an offer for sale of 68.12 lakh shares.
Indian rupee opens at ₹94.87 amid rising Brent crude prices
The Indian rupee opened slightly weaker at 94.87 per dollar amid rising oil prices, while most Asian currencies, led by the Philippine peso and Japanese yen, gained ground.
Coforge chairman Om Prakash Bhatt resigns amid audit review
Coforge shares are under scrutiny as Chairman Om Prakash Bhatt resigns, effective immediately, amid board concerns over undisclosed details in the board evaluation review.
India sees 6 main board IPOs, 1st since 1996, ₹4,509.68cr
Six mainboard IPOs, collectively aiming to raise ₹4,509.68 crore, opened for subscription on September 9, marking the first such occurrence in three decades since October 1996.
Rentomojo opens IPO subscription this week to raise ₹1,255.57 cr
Rentomojo's Rs 1,255.57 crore IPO launches today, offering a three-day subscription window. With a 33% grey market premium, investors anticipate up to 32% listing gains.
Indian stocks likely to open lower after US indexes fall
Indian equity benchmarks are expected to open in red on Wednesday, reflecting cautious sentiment amid global market volatility and inflation concerns driven by rising oil prices.
Rentomojo plans IPO to raise ₹1,256 cr, promoter stake 19.9%
Rentomojo plans to raise ₹1,256 crore via IPO, including ₹150 crore fresh issue. Despite strong financial growth, rich valuation and legal risks may concern investors.
OpenAI expands beyond ChatGPT into chips, life sciences, and finance
OpenAI is leveraging its AI models for specialized industries like chip design, emphasizing cost advantages over open-source rivals, CFO Sarah Friar revealed.
Indian stocks slip as oil nears $100 and Fed fears
Indian benchmark indices signal a negative start as GIFT Nifty trades lower, while Asian shares gain momentum driven by strong investor interest in artificial intelligence stocks.
Sberbank unveils 'Digital mine' shifting to AI in New Delhi
Sberbank presents cutting-edge AI, optical computing, and India-centric solutions at Innoprom.India, emphasizing enhanced Russia-India business and technological collaboration.
Oil prices jump after Iran fires missiles at US destroyers
Oil prices rose over $1 as Iran launched missile strikes targeting U.S. assets in Jordan, escalating regional conflict and impacting global crude markets.
Himachal Chief Minister Sukhvinder Singh Sukhu announces AI scheme ₹10L
Himachal Pradesh will introduce a new AI-powered health insurance scheme in November, offering ₹10 lakh coverage and aiming to curb fraud and ensure transparency.
Hedge funds bet USD/JPY under 150 and put volumes surge
Hedge funds are increasingly betting the dollar-yen pair will drop below 150 by year-end, driven by robust yen demand and shifting sentiment after breaking key support levels.
NSE plans smaller IPO at ₹24,000-25,000cr after SEBI approval
The National Stock Exchange (NSE) plans to cut its IPO size from ₹30,000 crore to ₹24,000-25,000 crore, aiming for a September launch after receiving SEBI approval.
Tata Group restructure pushes Air India toward long haul focus
Air India is withdrawing from smaller cities, transitioning domestic regional operations to its low-cost carrier Air India Express, as part of a strategic restructuring.
SK Hynix and Samsung Electronics lift KOSPI 1% on AI
Asian chip stocks surged on strong AI-driven demand, with South Korea's Kospi up 1%. Meanwhile, escalating Middle East tensions pushed Brent crude prices toward $100 per barrel.
QNu Labs raises ₹200 cr, total funding reaches ₹375 cr
Quantum-safe cybersecurity startup QNu Labs has raised ₹200 crore in its Series A1 round to enhance R&D, scale globally, and strengthen India's quantum-secure infrastructure.
Torrent Gas files updated prospectus, parent keeps up to ₹4,000cr
Torrent Gas has filed an updated draft prospectus for its IPO, with its parent company set to sell up to 335 million shares, aiming to raise approximately ₹40 billion.
Singapore Airlines to fund India investments via internal resources
Singapore Airlines stated its 25.1% stake in Air India is fully funded through internal resources, showcasing its robust financial position.
Snap chief business officer Ajit Mohan to depart end 2026
Ajit Mohan will resign as Snap's chief business officer by December 31, 2026, citing personal reasons. He plans to return to Singapore after a demanding global commute.
New York City grocery plan sued for alleged antitrust violations
Mayor Zohran Mamdani's taxpayer-funded grocery store initiative faces a federal lawsuit, alleging antitrust violations and unfair competition from private supermarkets.
Cognition, maker of Devin, raises $2B as valuation hits $48B
Cognition raised $2 billion at a $48 billion valuation, highlighting investor confidence in the growing AI coding market's potential for multiple dominant players.
TEC secures record $450 million Series C for reusable spacecraft
The Exploration Company (TEC) has raised $450 million in Europe's largest-ever Series C round, aiming to develop reusable spacecraft and rival SpaceX's dominance.
Windergy India 2026 arrives in Chennai October 7 to 9
Windergy India 2026, hosted at Chennai Trade Centre from October 7-9, will unite over 20,000 attendees, showcasing innovations from 350 exhibitors across 30 countries.
India's telecom regulator sets 5% AGR fee for satellite airwaves
India's Digital Communications Commission has approved satellite spectrum pricing, enabling airwave allocation for Jio Satellite, Starlink, and Eutelsat OneWeb to launch services.
Huawei on trial in New York on US racketeering charges
Huawei Technologies is on trial in New York, accused of stealing trade secrets and violating US sanctions, including allegations of illegal dealings with Iran and North Korea.
Labor Department pauses Cognizant PERM filings over alleged H-1B/PERM fraud
The US Department of Labor has suspended Cognizant's PERM filings, intensifying scrutiny into alleged visa fraud and misuse of employment-based immigration programs.
India and UK to restart talks on new investment treaty
India is set to revisit bilateral investment treaty discussions with the UK as it nears finalising a new model text, aiming to balance foreign investment and national interests.
Uber, Rapido licenses suspended for 6 months in Chandigarh
The Chandigarh administration has suspended the aggregator licenses of ride-hailing services Uber and Rapido for six months.
Qualcomm inks $4B custom chip agreement with Amazon
Qualcomm has announced a strategic partnership with Amazon, involving a $4 billion custom chip deal.
You can't use Uber, Rapido in Chandigarh till March 2027
The State Transport Authority (STA) of Chandigarh has suspended the aggregator licenses of Uber and Rapido for six months.
Hunter Biden to launch cryptocurrency inspired by his controversial laptop
Hunter Biden, the son of former US president Joe Biden, is launching a cryptocurrency inspired by his controversial laptop.
eBay under fire for delivering gender-prediction kits to India
eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.
Hedge fund billionaire Chris Rokos moving from UK to Greece
Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.
This Volkswagen car plant will now produce defense equipment
Volkswagen has announced plans to convert its Osnabruck car plant in northwestern Germany into a defense production facility.
Over 2L companies launched in India in 1 year
India's corporate landscape has witnessed significant growth over the past year, with the addition of over two lakh active companies between June 2025 and June 2026.
These workers in India can get up to 20% bonus
The Ministry of Labour and Employment has issued two notifications, announcing that employees in India earning up to ₹21,000 a month are eligible for a statutory bonus under the new labor code.
Reliance to raise ₹12,500cr via bonds
Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is planning to raise up to ₹12,500 crore ($1.3 billion) through local-currency bonds.
Adani, NTPC among bidders for ₹37,500cr coal gasification plan
The Indian government's ₹37,500 crore coal gasification scheme has attracted interest from major players like Adani Enterprises and NTPC.
ESDS shares surge 200% from IPO price in 3 sessions
Cloud and data center player ESDS Software Solution is on an explosive post-listing run. The stock debuted last Friday at a 76% premium and closed day one up 112%, touching an intraday high of ₹908.40.
Sensex falls over 500 points: What's behind today's sell-off?
The Indian equity markets continued to face pressure in afternoon trade today, with the benchmark indices extending losses.
Delhi-HC to hear ANI's plea against OpenAI on September 14
Asian News International (ANI), a news agency, has filed an appeal in the Delhi High Court against a single-judge order that denied interim relief in its copyright infringement lawsuit against OpenAI.
SpiceJet did not pay employees for 4 months: Report
SpiceJet, one of India's leading airlines, is facing a major financial crisis.
Why Volkswagen may sell superbike maker Ducati
Volkswagen AG is contemplating the sale of motorcycle manufacturer Ducati as part of a major restructuring of its vast portfolio.
Mistral AI raises €3 in Europe's biggest tech funding round
French artificial intelligence (AI) company Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion).
How to correct your job exit date on EPFO portal
When you leave a job, your employer is supposed to update your exit date on the Employees' Provident Fund Organisation (EPFO) portal.
Canada's retaliatory tariffs on US goods are now in effect
Canada imposed retaliatory tariffs on US goods today after trade negotiations broke down last month.
Anthropic won't acquire AI start-up Decart for $6B anymore
Anthropic, the artificial intelligence (AI) start-up behind the popular Claude chatbot, has decided against acquiring another AI start-up, Decart for around $6 billion.
Samsung lays off around 100 employees in India
Samsung India has asked around 80-100 executives in its television and home appliance divisions to leave, The Economic Times reported.
Oil prices soar to 6-week highs amid US-Iran tensions
Oil prices have continued their upward trend for the third consecutive day, hitting six-week highs.
Glass Wall Systems IPO opens today with 28% GMP
The initial public offering (IPO) of Glass Wall Systems India, a leading provider of facade solutions, is open for subscription today.
Copper prices hit all-time high
Copper prices have surged to an all-time high on the London Metal Exchange (LME), following a weeks-long rally.
Qatar sends first LNG cargo through Hormuz since July
A liquefied natural gas (LNG) tanker from Qatar has successfully navigated through the Strait of Hormuz, marking the first such exit since July.
LPG e-KYC deadline extended to September 14
The deadline for domestic cooking gas consumers to complete Aadhaar-based biometric authentication (e-KYC) of their liquefied petroleum gas (LPG) connections has been extended again. The new deadline is now September 14.
China's exports surge 25% in August, trade surplus hits $119B
China's export growth has gained momentum, with a 25% increase in August compared to the same month last year.
Rural residents can now book LPG refills every 25 days
In a major policy change, the Indian government has directed oil marketing companies to allow rural LPG consumers to book cylinder refills every 25 days.
Studied or worked abroad? Axis Bank is now hiring
Axis Bank has launched a new hiring initiative called "Arise Homecoming," aimed at attracting globally educated Indian talent looking for job opportunities in India.
Swiggy's new 24x7 helpline helps you complain about food quality
Swiggy has launched a dedicated 24x7 helpline for customers to report any food safety-related concerns.
India's battery sector to generate 20L jobs by FY30
India's battery industry is poised to enter its most capital and employment-intensive phase, with an estimated 15-20 lakh jobs to be created by FY30.
TCS launches AI studio in London, plans 5,000 new jobs
Tata Consultancy Services (TCS) has announced the opening of an artificial intelligence (AI)-driven creative engineering studio in London.