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Paramount's $110B merger with Warner Bros paused until June 2027
Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros. Discovery, until a court rules on a lawsuit filed by 12 US states challenging the deal or until June 1, 2027.
Rising oil and weak rupee drag Indian stocks lower Friday
Indian equities fell as rising crude oil prices and rupee depreciation weighed on sentiment, with the Nifty closing at 23,767.45, below the critical 23,800 support level.
China's market regulator fines Trip.com $770 million for online hotel-booking abuse
China's market regulator fined Trip.com $770 million for abusing its dominance in the online hotel-booking sector, citing unfair practices that harmed competition and consumers.
Maharashtra unveils bioplastics policy 2026 to attract 25,000cr investments
Maharashtra introduced its first bioplastics policy, targeting ₹25,000 crore investments and 100,000 jobs in five years to curb plastic pollution and boost green manufacturing.
FSSAI suspends Rehaan Healthcare manufacturing license in Mohali over hygiene
FSSAI suspended Rehaan Healthcare's manufacturing licence due to critical non-compliance and unhygienic conditions at its Mohali-based health supplement production unit.
Nasdaq slips 0.64% amid AI budget concerns after Alphabet announcement
The Nasdaq fell 0.64% as concerns over escalating AI-related capital expenditures weighed on chip stocks, while investors awaited earnings reports from major tech companies.
S&P Global downgrades Oracle after $498B loss and OpenAI reliance
Oracle's market value plummeted by $498 billion in under 10 months as S&P flagged OpenAI, its largest AI client, as a significant credit risk due to financial uncertainties.
India's crude basket jumps 11% to $103.33 amid supply disruptions
Indian crude oil basket spiked 11% in a day, reaching $103.33 per barrel, driven by disruptions in the Strait of Hormuz and Houthi attacks on Red Sea vessels.
Elon Musk's Boring Company seeks about $4B, may reach $20B
Elon Musk's Boring Company is reportedly in discussions to raise $4 billion, potentially valuing the tunneling startup at $20 billion, according to the Wall Street Journal.
NVIDIA, SK Group partner on over $500 billion AI initiative
Nvidia and South Korea's SK Group announced a $500 billion-plus AI initiative, including large-scale data centers and next-gen memory development with SK Hynix.
SpaceX launches Starship from Texas, attempts 20 Starlink deployments
SpaceX conducted a pivotal test flight of its Starship rocket, aiming to validate technologies critical to expanding its ambitions amid investor scrutiny following its recent IPO.
Prentis seeks $100 million at $1B valuation to automate office work
Prentis, an AI lab co-founded by Reid Hoffman and Marc Pincus, is negotiating a $100 million funding round to accelerate its mission of automating office workflows.
Small US firms sue Trump administration over new import tariffs
Two American businesses filed a lawsuit against the Trump administration, alleging its newly imposed global tariffs under Section 301 exceed legal authority.
Waymo seeks to end Uber robotaxi partnership, plans own app
Waymo plans to launch its own robotaxi services in Austin and Atlanta by January 2028, signaling rising tensions and potential separation from Uber's ride-hailing network.
Volkswagen engineers Michael Stamp, Marcus Plank charged with insider trading
Two Volkswagen engineers face securities fraud charges for allegedly profiting over $300,000 using confidential information about the automaker's joint venture with Rivian.
Paramount Skydance $110B merger with Warner Bros Discovery paused
Paramount and Skydance have agreed to delay their $110 billion acquisition of Warner Bros Discovery until June 2027 or a court ruling, following legal challenges from 12 US states.
SpaceX stock falls to $110 as early investors reel
SpaceX shares have plunged nearly 30% since their debut, leaving investors reeling as overvaluation fears and delays in Starship tests compound financial losses.
ITR deadline: 5 penalties taxpayers can face for late filing
Income tax authorities have highlighted different consequences for various defaults or irregularities in tax filing.
NVIDIA signs $1.5B chip packaging deal with Amkor
NVIDIA has signed a multi-year agreement worth $1.5 billion with Amkor Technology, a leading semiconductor packaging company.
Flipkart to launch food delivery service in coming weeks
Walmart-owned e-commerce giant Flipkart is gearing up to enter India's online food delivery space. The company will be taking on established players like Zomato and Swiggy.
India's private sector growth hits 4-year low in July
India's private sector growth has hit a four-year low in July, mainly due to a sharp slowdown in the services sector.
Patreon lays off 20% of workforce
Patreon, the popular content subscription platform, has announced a major layoff, cutting 20% of its workforce. The decision affects around 93 employees.
Oracle bags Pentagon software deal worth $7B
The US Department of Defense has awarded a nearly $7 billion contract to Oracle, the tech giant co-founded by billionaire Larry Ellison.
Sensex tanks 900 points: Key reasons behind today's decline
India's benchmark equity indices opened sharply lower today, marking the fifth consecutive session of losses.
Manipal Health fixes price band for ₹9,275cr IPO
Manipal Health Enterprises, the owner of the Manipal Hospitals chain, will launch its maiden public issue on July 29.
Brent crude tops $100 for first time since May
Brent crude oil prices have surged above $100 per barrel for the first time since May.
UAE to adopt India's DigiLocker for academic document verification
India and the United Arab Emirates (UAE) are working together to integrate India's DigiLocker with UAE's digital platforms.
SEBI proposes greater flexibility for portfolio managers investing client funds
The Securities and Exchange Board of India (SEBI) has proposed changes to its regulations governing portfolio management services (PMS).
Infosys Q1 profit rises 12% to ₹7,769cr
Infosys has reported a 12.3% year-on-year (YoY) increase in its consolidated profit for the April-June quarter of FY27.
JPMorgan to hire around 1,000 tech professionals in India
JPMorgan Chase has announced plans to hire around 1,000 technology professionals for its Global Capability Centers (GCCs) in India.
What is Fund My Staff, Ashneer Grover's new fintech start-up?
Ashneer Grover, the former MD and co-founder of BharatPe, has launched a new fintech platform called Fund My Staff.
EU fines Google $1B for Search and Play Store violations
The European Commission has slapped a hefty €890 million ($1 billion) fine on tech giant Google.
Google posts negative cash flow for 1st time since IPO
Google's parent company, Alphabet, has reported a negative free cash flow of $5.9 billion in the second quarter of 2026.
Blinkit grows bigger and more profitable
Eternal's latest shareholder letter reveals that Blinkit has grown nearly as big as Zepto and Swiggy Instamart combined. The company also remained profitable during this period.
CGHS pensioner cards go paperless via Bhavishya portal
The Ministry of Health and Family Welfare (MoH&FW) has launched a paperless application process for the Central Government Health Scheme (CGHS) pensioner card.
Amazon lays off employees in AGI unit
Amazon has announced another round of layoffs, this time targeting its Artificial General Intelligence (AGI) unit.
Adani seeks change in rule to enter airline business
The Adani Group has approached the Indian government for a change in an existing rule that prohibits Delhi and Mumbai airport operators from holding more than 10% stake in a scheduled airline.
Why Qatar is extending its LNG force majeure
QatarEnergy is likely to extend the force majeure on liquefied natural gas (LNG) shipments until mid-October, people with knowledge of the matter told Reuters.
Uber cuts 10% of customer service jobs in AI push
Uber Technologies has announced a major downsizing in its customer service division, laying off 10% of its customer service workforce.
Indo-MIM IPO opens today with 38% GMP
Indo-MIM Ltd has launched its initial public offering (IPO) today. The offer will remain open until July 27.
Alphabet becomes first company to report $100B quarterly profit
Google-parent Alphabet has become the first company in history to report over $100 billion in quarterly profit.
Xtranet Technologies IPO opens today: Should you bid?
Xtranet Technologies, an IT solutions provider, has launched its initial public offering (IPO) today. The three-day bidding period will end on July 27.
Tesla's Q2 revenue jumps 26% but profitability still a concern
Tesla has reported a strong recovery in its financial performance for the second quarter of 2026.
Google parent raises 2026 AI spending to $205B
Google's parent company, Alphabet, has announced a major increase in its capital expenditure plans for 2026.
Crude oil prices near $100 as US-Iran tensions escalate
Commodity markets witnessed a mixed bag on July 23. Crude oil prices hit their highest in over six weeks amid rising tensions in the Middle East.
Sensex down 800 points: Why Indian stock market crashed today
The Indian stock market witnessed a major selloff today, with the Sensex crashing over 800 points to hit an intraday low of 76,641.19.
IndiGo shares down 3% today: Here we decode why
Shares of InterGlobe Aviation, the parent company of IndiGo, fell over 3% to ₹5,128 apiece.
From Pixar to National Geographic, Disney axes hundreds of jobs
The Walt Disney Company has announced a major round of layoffs, impacting several hundred employees across various divisions.
Bira 91 founder Ankur Jain exits board, gives up stake
Ankur Jain, the founder of B9 Beverages and its flagship brand Bira 91, has resigned from the company's board.
Samsung might invest in AI start-up Mistral at $23B valuation
Samsung is in talks to invest hundreds of millions of euros into French artificial intelligence (AI) start-up Mistral.
Paras Defence to establish semiconductor facility in MP for ₹6,200cr
Paras Defence and Space Technologies has announced that its semiconductor unit will invest ₹6,200 crore to set up a chip packaging and testing facility in Madhya Pradesh.
Adani, GMR might soon run their own airlines in India
The Indian government is mulling a major policy shift that could allow airport operators to own and run their own airlines, as per Bloomberg.
Why Anthropic has been sued by University of Tennessee
Anthropic, a leading artificial intelligence (AI) company, has been sued by the University of Tennessee Research Foundation for patent infringement.
Trump threatens tariff on generic medicines: Should India be worried?
US President Donald Trump has announced a two-year exemption from tariffs on imported generic medicines.
End retrospective tax to attract foreign investment: Amitabh Kant
Former NITI Aayog CEO Amitabh Kant has stressed the need for India to end its retrospective tax policy, saying it heavily impacts global investor sentiment.
London Stock Exchange will soon let you trade 24/7
The London Stock Exchange (LSE) is gearing up to launch a new trading venue, LSE 24, which will operate outside its normal market hours.
Bajaj Auto Q1 results: Net profit jumps 42.3% to ₹2,983cr
Bajaj Auto has reported a whopping 42.3% jump in its standalone net profit for the first quarter of FY27.
This might be 1st 'world model' AI start-up going public
Chinese artificial intelligence (AI) start-up GigaAI is gearing up for a public listing in Hong Kong.
Cognizant bags mega tech services deal worth up to $1B
Cognizant, a leading software services company, has won a multi-year technology services contract from US health insurer Centene Corporation, as per Moneycontrol.
Maharashtra plans property tokenization on blockchain: How it affects you?
Maharashtra is mulling a new legal framework for the tokenization of land and other immovable assets using blockchain technology.
Positive returns for Indian equities over next 12 months: JPMorgan
JPMorgan's Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy, has predicted positive returns for Indian equities in the next 12 months.
JSW eyes majority stake in Volkswagen's India unit: Report
Volkswagen AG is in advanced talks with JSW Group for a potential stake sale in its Indian unit, as per Bloomberg.
Tata Steel to invest ₹10,000cr in Jharkhand by 2028
Tata Steel has announced its plan to invest ₹10,000 crore in various projects across Jharkhand by 2028.
India's Q1 oil import bill up 61%: What's the reason?
India's crude oil import bill surged by a whopping 61% to $49.8 billion in the April-June period, compared to the same period last year.
You can soon make UPI payments without internet
The National Payments Corporation of India (NPCI) is working on a new feature for Unified Payments Interface (UPI), that would allow users to make payments at merchant point-of-sale terminals without an internet connection.
Anthropic's $1.5B copyright settlement with authors has been approved
Anthropic, a leading artificial intelligence (AI) company, has received final approval for its $1.5 billion settlement with authors over copyright infringement.
Paramount's $110B merger with Warner Bros has been temporarily paused
The proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery has been temporarily halted by a US federal judge.
Why AliExpress has been fined record €550m by EU
The European Commission has slapped a record fine of €550 million on Chinese e-commerce giant AliExpress.
Modi government won't scrap LTCG tax on equities anytime soon
The Indian government has confirmed that it has no plans to scrap the long-term capital gains (LTCG) tax on equity transactions.
Jeff Bezos has invested in this £2B UK AI start-up
Jeff Bezos, the founder of Amazon, and the UK government have invested in a £2 billion British artificial intelligence (AI) start-up called CuspAI.
Etihad is offering 20% off on these international flights
Etihad Airways has launched a special promotional sale for Indian travelers, offering up to 20% off on Business and Economy class fares.
Meta to proceed with layoffs challenged over AI bias claims
A US federal judge has denied a request to halt Meta's planned layoffs of 26 employees.
Airtel's data center arm to expand capacity to 1GW
Bharti Airtel's data center subsidiary, Nxtra, is gearing up for a massive expansion. The company plans to quadruple its capacity to 1 gigawatt (GW) in the coming years.
Centre wants ethanol to become your next cooking fuel
The Indian government is working on a policy to promote ethanol as a mainstream cooking fuel.
Why Indian pilots want Gulf flights to be canceled
The Airline Pilots' Association of India (ALPA India) has called for an immediate suspension of flights to the UAE and other high-risk Gulf destinations.
Why RBI has intervened to stabilize Indian rupee
The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.
India's defense stocks plunge amid escalation of US-Iran conflict
Shares of major defense companies such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics have witnessed a decline during today's trading session.
L&T has bagged 'mega' orders worth up to ₹15,000cr
Larsen and Toubro (L&T) has announced that its Metals and Minerals vertical has bagged 'mega' orders from leading domestic companies.
Tata to open 100 Westside stores annually to accelerate expansion
Tata Group's Trent Ltd. is planning an aggressive expansion of its premium fashion brand, Westside.
ICICI sees biggest workforce decline among private banks in FY26
ICICI Bank, India's second-largest private sector lender, has seen a major dip in its workforce strength during the fiscal year 2026.
Gold, silver prices in India rise today: What's the reason?
Gold and silver prices rose in early trade on the Multi Commodity Exchange (MCX) today. The gains were mainly due to value buying after a slight easing of the US dollar.
Indian stock market has crashed today: Here we decode why
The Indian stock market witnessed a major slump today, with the Sensex and Nifty falling by 0.65% and 0.5%, respectively. The fall comes after a strong rally in the previous session.
India's UPI may soon be linked with Spain's payment service
India and Spain have agreed to speed up talks on making their digital payment platforms, the Unified Payments Interface (UPI) and Bizum, interoperable.