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SEBI suspends MPS penalties, waives fines April to September 2026
Sebi has offered temporary relief to listed companies struggling with Minimum Public Shareholding norms, citing Middle East geopolitical tensions.
Aurobindo Pharma wins US FDA approval, launches generic Xigduo XR
Aurobindo Pharma has gained final approval from the USFDA to manufacture and market a generic version of AstraZeneca’s Xigduo XR, a Type-2 diabetes treatment.
Gilead Sciences to buy Germany's Tubulis for up to $5B
Gilead is set to acquire Germany's Tubulis GmbH for up to $5 billion, aiming to enhance its cancer drug offerings amidst declining COVID-19 treatment sales.
Karnataka launches strategy to boost deep tech startups beyond Bengaluru
Karnataka's Startup Vision Group is focusing on deeptech innovation and geographic expansion to drive the next phase of startup-led growth.
US stocks fall after strikes near Iran, Dow drops 181
The US stock market experienced a significant crash today, driven by escalating tensions with Iran and surging oil prices.
Goldman Sachs warns copper prices could fall amid Iran conflict
Goldman Sachs warns of potential further drops in copper prices due to the ongoing Iran conflict affecting global economic growth.
Fox partners with Kalshi to display real-time event predictions networkwide
Fox Corporation is set to integrate Kalshi's prediction market data into its news and streaming services, enhancing traditional reporting with market-based probabilities.
Biocon launches Bosaya and Aukelso in US after FDA approval
Biocon Ltd has commercially launched two biosimilars, Bosaya and Aukelso, for serious bone conditions in the US market. The products are now available nationwide by prescription.
GAIL signs long term deal for LNG carrier Energy Fidelity
State-run GAIL has secured a long-term charter party agreement with Alpha Gas for the LNG carrier, Energy Fidelity, amid escalating conflict in West Asia.
Test flight of India's 1st commercial seaplane service successful
SkyHop Aviation has successfully conducted a test flight for India's first commercial seaplane service.
Why Vodafone Idea's AGR dues reassessment deadline has been extended
The Department of Telecommunications (DoT) has extended the deadline for reassessing Vodafone Idea's Adjusted Gross Revenue (AGR) dues by three months, to June 30.
Modi government might give lifeline to promoters of defaulting companies
India's insolvency framework is likely to undergo a major transformation with the introduction of the Insolvency and Bankruptcy Code (IBC) Amendment Bill 2026.
If you're planning to take a vehicle loan, keep reading
In India, vehicle loans are a popular option for those looking to buy a vehicle without paying the entire amount upfront.
Amazon India to phase out Amazon Fresh in 10-15 cities
Amazon India plans to close its Fresh service in major cities to focus on quick commerce, while AI firm Anthropic reports a significant revenue surge.
AstraZeneca and Telangana launch Qure.ai lung screening in 20 facilities
AstraZeneca Pharma India has signed a Memorandum of Understanding (MoU) with the Telangana Government to implement AI-enabled lung cancer screening across public healthcare facilities.
SEBI grants 1-time IPO approval extension to September 30
India's market regulator extends approved public offers due to weak market sentiment caused by the ongoing West Asia conflict.
ESPN lays off 30 staff after 15-day YouTube TV blackout
ESPN is set to lay off nearly 30 employees after experiencing an unexpected revenue dip, primarily affecting off-camera departments.
Family offices bypass venture capital funds to back AI startups
The surge in AI technology has led private wealth and family offices to bypass traditional VC routes, opting for direct investments in startups.
Bengaluru AI startup WorkOnGrid raises 22.5cr for global expansion
AI infrastructure firm WorkOnGrid has raised Rs 22.5 crore in a funding round led by Transition Venture Capital, with participation from the Indian Angel Network.
India's IRDAI launches committee to improve private health insurance processes
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a sub-committee to review and enhance the private health insurance landscape in the country.
Google Deloitte report forecasts India's e-commerce at $250B by 2030
India's online shopping market is predicted to nearly triple, reaching $250 billion by 2030, according to a report by Google and Deloitte.
US strikes targeted Kharg Island military sites, crude tops $115
US strikes on Iran's critical export hub, Kharg Island, have triggered a surge in global oil prices and unsettled international markets.
SEBI grants 6-month IPO launch extension for expiring observation letters
The Securities and Exchange Board of India (SEBI) has extended the validity of IPO observation letters by six months due to challenging market conditions.
Quest Global acquires BITSILICA to bolster semiconductor design and software
Quest Global, a prominent engineering services firm, has acquired India-based semiconductor design company BITSILICA to enhance its semiconductor offerings.
Noida's Xccelera raises 1.2cr to scale agentic AI automation platform
Noida-based AI startup Xccelera has raised Rs 1.2 crore for its enterprise automation platform from a group of founders including Livspace's Ramakant Sharma and others.
Hermeus raises $350 million and $150 million debt for hypersonic aircraft
Defense startup Hermeus has raised $350 million to develop its autonomous hypersonic aircraft, pushing the company's valuation to $1 billion.
West Asia conflict disrupts Indian mango exports through Hormuz Strait
Indian mango exporters are facing significant losses due to a shortage of refrigerated containers and increased costs triggered by the ongoing war in Iran.
CBDT releases updated ITR-1 and ITR-2 forms for 2026-27
The Central Board of Direct Taxes (CBDT) has opened the income tax return (ITR) filing window for 2026-27, introducing several new rules and refinements.
Americans over 50 take AI training jobs, including Patrick Ciriello
Skilled professionals over 50, struggling in a harsh job market, are turning to AI training roles as a means of survival.
Aria Networks raises $125 million to support NVIDIA and Google chips
Aria Networks, an artificial intelligence networking firm, has raised $125 million in its first series funding round to develop its AI infrastructure.
Zepto gets SEBI approval for $1.3B IPO
Zepto, a leading player in the quick commerce space, has received approval from the Securities and Exchange Board of India(SEBI) for its initial public offering (IPO).
India New Zealand to sign FTA in Delhi April 24
India and New Zealand are poised to sign a Free Trade Agreement (FTA) on April 24, potentially attracting $20 billion in investment over the next 15 years.
Modi government to announce ₹14,000cr reinsurance fund for these ships
The Indian government is likely to announce a $1.5 billion (approximately ₹14,000 crore) reinsurance fund for Indian vessels sailing through conflict-ridden West Asia.
World's largest music company receives takeover bid worth $64B
Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, has made a takeover offer for Universal Music Group (UMG), the world's largest music company.
Your EMIs for HDFC Bank loans will soon go down
HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates (MCLR) for select tenures.
India settles Iranian oil payments in rupees under US waiver
India is likely using rupees to settle payments for Iranian crude oil, according to government sources. This comes as India resumes oil imports from Tehran under a US waiver.
Air India searches for CEO as Campbell Wilson exits early
Air India has begun the search for a new chief executive following Campbell Wilson's decision to step down from his role a year early.
Dreame Technology launches direct to consumer website in India
Dreame Technology has launched a direct-to-consumer platform in India, enabling customers to purchase its full product range directly from its official website.
What's next for Air India as CEO Wilson steps down
Air India CEO Campbell Wilson has resigned and is serving a six-month notice period.
Morgan Stanley warns $150 oil cuts India growth to 5.7%
Morgan Stanley predicts that India's economy could decelerate to 5.7% in FY27 if crude oil prices surge to $150 a barrel for one quarter.
Sensex and Nifty surge nearly 2% as rupee strengthens
Indian stock markets witnessed a strong rebound on Tuesday, with Sensex jumping 510 points and Nifty surpassing 23,100 for the fourth consecutive day.
Sensex climbs 510 points as Indian markets rally on IT
Indian equity markets extended their recovery for the fourth consecutive day on April 7, driven by gains in IT and metal stocks.
Curefit appoints 4 independent directors ahead of festive IPO
Curefit, a fitness and wellness platform, has appointed four independent directors to its board as it prepares for a potential public market debut during the festive season.
Morgan Stanley says Strait of Hormuz disruption pushes oil prices
The Middle East war has led to exceptional premiums for immediate oil barrels, reflecting the stress in the oil market, according to Morgan Stanley.
DoT extends Vodafone Idea AGR reassessment deadline to June 2026
The Department of Telecommunications (DoT) has extended the reassessment timeline for Vodafone Idea's adjusted gross revenue (AGR) dues till June.
Income Tax Department notifies Indian crypto traders about undisclosed trades
The Indian Income Tax Department is reportedly issuing tax notices to crypto investors who failed to report past transactions.
Record outflows hammer financial stocks, drag markets lower
India's financial stocks are witnessing unprecedented foreign outflows, a trend that has been intensified by fears over the potential impact of the US-Iran war on economic growth and corporate earnings.
Tata Steel posts 23.48 million tons crude-steel in India FY26
Tata Steel Ltd. has reported a record annual production of 23.48 million tonnes of crude steel in India for FY26, driven by a surge in domestic demand.
Aman Gupta launches OffBeat Studios with ₹100cr from Bessemer
Aman Gupta, co-founder of boAt, has raised INR 100 crore in seed funding for his new venture, OffBeat Studios. The funding round was led by Bessemer Venture Partners.
Anthropic's revenue run rate jumps 230% to $30B
Anthropic, a leading artificial intelligence (AI) research firm, has announced that its run-rate revenue has surpassed $30 billion.
EY analysis says West Asia conflicts could hurt India's banks
EY warns that ongoing geopolitical tensions in West Asia could cause layered and delayed stress to India's financial sector, particularly affecting banks.
Why France has shifted its gold reserves out of US
In a little over six months, France's central bank has sold and brought back its last remaining gold reserves from the Federal Reserve Bank of New York.
Your Air India flights might become costlier soon
Air India has announced a revision in its fuel surcharge structure for both domestic and international flights.
India likely to roll out $1.5 billion GIC Re fund
The Indian government may soon launch a $1.5 billion reinsurance fund to support vessels navigating through war-affected West Asia.
India seeks CIIRP to let boards run companies during bankruptcy
India's proposed Insolvency and Bankruptcy Code (IBC) amendment could permit certain defaulting promoters to maintain control of their companies during the resolution process.
Fireworks AI processes 15 trillion tokens daily, valued at $4B
As the global AI industry thrives, Lin Qiao, CEO of $4 billion startup Fireworks AI processing 15 trillion tokens daily, predicts 2026 as a year of exponential growth.
Bessemer Venture Partners says AI central to India's consumer tech
India's consumer technology sector is increasingly adopting artificial intelligence (AI) to drive growth and reduce customer acquisition costs, according to a Bessemer report.
RBI forex curbs create rare rupee arbitrage but bankers cautious
Indian central bank's recent forex curbs have created arbitrage opportunities between rupee futures and onshore forwards, but regulatory risks keep bankers cautious.
India's Venezuelan oil imports touch 6-year high: What's the reason?
India is set to import the most crude oil from Venezuela in six years.
Why the super rich are leaving Dubai for Milan
As the United Arab Emirates (UAE) faces Iranian missile attacks, wealthy Britons are looking for alternatives to Dubai.
Apple plans to take Epic Games to court again
Apple is gearing up to take its long-running legal battle with Epic Games over App Store fees to the US Supreme Court.
Bitcoin steadies near $68,600 as investors eye US inflation
Bitcoin's momentum slows as investors book profits amidst rising geopolitical tensions, with the crypto market showing signs of consolidation.
Ackman's Pershing Square offers over €50bn for Universal Music Group
Billionaire Bill Ackman's hedge fund, Pershing Square, has proposed a cash and stock deal to acquire Universal Music Group (UMG), valuing the music giant at over €50bn.
Jubilant FoodWorks shares hit 2 year low after weak sales
Jubilant FoodWorks, the parent company of Domino's India, saw its shares drop to a two-year low due to disappointing same-store sales growth in Q4 FY26.
Crude futures on MCX hit ₹10,888 up nearly 3%
Crude oil prices soared to a record ₹10,888 per barrel on Tuesday, April 7, 2026. Concurrently, West Texas Intermediate (WTI) futures also touched a significant $116 mark.
Oil prices rise as Trump's ultimatum on Iran nears
Global oil prices have surged in Asia on Tuesday, ahead of a deadline set by US President Donald Trump for Iran to open the vital Strait of Hormuz shipping route.
Gold close to $4,700 and ₹1.51L as traders cover
Gold prices edged higher to around $4,700 per ounce due to tentative US-Iran diplomatic engagement and a slight pullback in crude oil prices, amidst ongoing geopolitical risks.
OpenAI asks authorities to investigate Musk for 'anti-competitive behavior'
OpenAI has urged the California and Delaware attorneys general to investigate Elon Musk and his associates for "improper and anti-competitive behavior."
RBI decision April 8 keeps home loan borrowers watching closely
The Reserve Bank of India's (RBI) policy decision tomorrow could potentially affect home loan EMIs, amidst rising global pressures and inflation risks.
Ports Ministry unveils 20 maritime reforms to cut logistics costs
India is set to introduce around 20 maritime reforms aimed at reducing logistics costs and enhancing its global trade presence by strengthening the country's maritime ecosystem.
India records over 247,000 new company registrations by March 2026
New company registrations in India saw a 31% increase in FY26, primarily driven by IT and trade firms. The use of 'AI' in company branding also witnessed a significant rise.
Gold and silver volatile on MCX amid global economic uncertainty
Gold and silver prices are witnessing high volatility amid global uncertainty, impacting investor sentiment and causing the metals to struggle in maintaining gains.
Surat startup Rocket unveils Rocket 1.0 AI product strategy platform
Indian startup, Rocket, has launched a platform that generates affordable, consulting-style product strategies using artificial intelligence.
Jewelry stocks jump April 7 after March quarter results
Despite a subdued broader market, leading jewellery stocks surged nearly 10%, buoyed by robust quarterly results and favourable precious metal pricing trends.
Vedanta shares rise as it challenges Adani Group bid
Vedanta's share price rose over 4% ahead of the NCLAT hearing on the Jaiprakash Associates insolvency case, following a Supreme Court directive.
The Hindu Deep Tech Summit highlights startups pitching live funding
At the 2026 _The Hindu_ Deep Tech Summit, entrepreneurs showcased their start-ups in a live funding round styled session.
RBI mulls reopening FCNR(B) deposits to support falling rupee
The Reserve Bank of India (RBI) may reintroduce incentives for non-resident Indian (NRI) deposits to counter rupee depreciation.
OpenAI suggests public fund, robot taxes to tackle AI disruption
OpenAI, the leading artificial intelligence (AI) research lab, has proposed a series of sweeping policy changes to deal with the economic and social challenges posed by superintelligent machines.
Bitcoin dips to $68,568 amid U.S.-Iran tensions and oil surge
Bitcoin's value fell after briefly hitting $70,000, as geopolitical tensions and inflationary pressures impact investor sentiment.
India fuel consumption hits March 2026 high as LPG falls
India's fuel consumption rose to 21.37 million metric tons in March, marking its highest since December. However, LPG sales dropped by 12.8% due to a supply crisis.
IMF warns Iran blocking Hormuz could seriously shake global economy
The International Monetary Fund (IMF) warns that the Middle East conflict could slow global growth and fuel inflation due to energy supply disruptions.
Sensex, Nifty open in red as geopolitical tensions rattle investors
Indian equity benchmarks Sensex and Nifty opened lower on Tuesday, mirroring weak global cues.
Air India hits turbulence as CEO Campbell Wilson resigns
Air India CEO Campbell Wilson has resigned from his position, Reuters reported citing a source with direct knowledge of the matter.
Sensex drops nearly 700 points wiping out over ₹3.5L/cr
Indian stock markets suffered a significant drop, erasing over Rs 3.5 lakh crore in market capitalization, largely due to geopolitical tensions and rising oil prices.
Kalyan Jewellers shares rise 4% after standout Q4 fiscal 2026
Kalyan Jewellers India's shares surged 4% following a robust Q4 performance, with Candere's revenue skyrocketing by 360%.
SpaceX IPO aims to raise $75B at $1.75T valuation
SpaceX, the space exploration company founded by Elon Musk, is gearing up for its highly anticipated initial public offering (IPO).
SEBI mulls prepaid mutual fund gift cards to encourage investing
SEBI proposes a novel idea of gifting mutual funds via gift cards, aiming to enhance financial inclusion and provide a solution to the age-old dilemma of gift selection.
Firmus Technologies raises $505 million to ramp Asia-Pacific AI infrastructure
Australian data center builder, Firmus Technologies Pty, backed by AI chipmaker Nvidia Corp., has raised $505 million in a funding round led by Coatue Management LLC.
Government keeps PPF interest rate at 7.1% through June 2026
The Public Provident Fund (PPF) interest rate remains at 7.1% per annum for the April-June 2026 quarter, as confirmed by the Finance Ministry.
SpaceX historic IPO to raise $75B and offer retail access
SpaceX has disclosed plans for its much-anticipated initial public offering (IPO), targeting a roadshow launch in early June.
India updates mining rules to ease expansion under Atmanirbhar Bharat
India has amended its mining concession rules to allow expansion of exploration, unlocking deep-seated minerals and advancing self-reliance in the sector.
SpaceX could raise $75B in IPO open to retail investors
SpaceX plans to launch a record-breaking initial public offering (IPO), heavily favoring retail investors, as it aims for a valuation of $1.75 trillion.
Anthropic's run rate tops $30 billion, up from $9 billion
Anthropic PBC has reported a revenue run rate increase to over $30 billion, and announced collaborations with Broadcom and Google to support its expanding operations.
Nilekani and Varma's NFH builds AI for global digital transactions
Nandan Nilekani and Pramod Varma, architects of India's digital public infrastructure, are developing a universal digital fabric for global commerce powered by AI.
Tata Trusts shakeup as vice chairmen allege CEO hid advice
Vice-chairmen of Tata Trusts, Venu Srinivasan and Vijay Singh, allege forced resignation and concealment of key legal information by CEO Siddharth Sharma.
IndiaMART case sparks Indian firms preparing AI exclusion lawsuits
Indian businesses are preparing for legal battles against AI platforms over concerns of lost traffic and selective visibility.
India tech hiring cools as openings fall to 110,000
Indian tech companies are reducing hiring rates as artificial intelligence takes over roles, causing a significant drop in active job openings.
AI in defense prompts ethics reviews and weaponization concerns
The increasing use of AI in defence strategies is raising ethical and data security concerns among businesses, leading to a slowdown or pause in sensitive sector deployments.
Amazon renews deal keeping US Postal Service handling 80% deliveries
Amazon has reached a new agreement with the US Postal Service (USPS), ensuring the retention of approximately 80% of its existing package deliveries.
Reported LPG shortage triggers migrant departures, increases metro labor costs
The ongoing West Asia war has led to a cooking gas crisis, causing workers to return to their hometowns and increasing industry hiring costs by 15%.
Indian government likely to roll out ₹2.5L/cr credit guarantee scheme
The Indian government is set to introduce a Rs 2.5-lakh-crore credit guarantee scheme to aid sectors affected by the West Asian crisis.
AI driven answers change search, cost HubSpot 140 million visits
Businesses are strategizing to optimize their visibility in AI search results, as traditional search engine traffic declines due to evolving user behavior and AI advancements.
US 2.48% Medicare Advantage increase for 2027 lifts insurers stocks
US insurance companies saw a surge in shares of up to 13% after the US Medicare program increased payments to private insurers by 2.48% for 2027.
Samsung expects record Q1 profit 57.2T won on AI demand
Samsung Electronics anticipates a record-breaking first-quarter operating profit, driven by increased demand for AI chips and subsequent price hikes.
Indian MSMEs seek force majeure relief after Gulf war disruptions
Small companies with government contracts are seeking force majeure relief due to supply chain disruptions caused by the Gulf war.
Business loans in India: Types, eligibility, and more
Navigating the world of business loans can be tricky, especially for first-time entrepreneurs in India.
Convertible bonds in India: All about this investment option
Convertible bonds are becoming an increasingly popular investment option in India. They give the best of both worlds, the safety of bonds and the potential for equity-like returns.
Why oil refiners in India are delaying maintenance shutdowns
In a bid to meet the soaring domestic fuel demand, Indian oil refineries are delaying their scheduled maintenance work.
Why India's GDP growth forecast has been downgraded to 6.8-6.9%
ICICI Bank has revised its GDP growth forecast for India, projecting a range of 6.8-6.9% for the fiscal year 2027.
Tax relief worth ₹40,178cr given without PAN, says CAG
A recent audit by the Comptroller and Auditor General (CAG) has revealed major compliance gaps in bad debt claims by banks and non-banking financial companies (NBFCs).
At Anthropic, disagreeing with the CEO is encouraged, says executive
Anthropic's head of growth, Amol Avasarala, has revealed that the AI start-up actively promotes a culture of public dissent.
Asia could take biggest hit from oil disruption: Goldman Sachs
Global crude oil markets are facing a fresh wave of tightening, with rising prices threatening to impact economies worldwide.
Sensex gains nearly 800 points, Nifty settles above 22,960 mark
The Indian stock market witnessed a major surge on Monday, with both the Sensex and Nifty closing higher for the third consecutive day.
US-Iran war: Supply disruptions make summer essentials costlier in India
The ongoing conflict between US-Israel and Iran is set to make the summer season more expensive for Indian consumers.
Your AirAsia X flights are about to become costlier
Budget airline AirAsia X has announced a hike in its fares, owing to the spike in oil prices triggered by the ongoing US-Iran war.
SC orders time-bound probe into Anil Ambani's alleged financial irregularities
The Supreme Court of India has ordered a time-bound, fair, and transparent investigation into alleged financial irregularities linked to the Reliance Anil Ambani Group (RAAG).
Magicpin launches AI assistant 'Vera': What does it do?
Magicpin, a leading food delivery and e-commerce platform, has launched an artificial intelligence (AI) assistant called "Vera."
Adani gets SC nod to acquire Jaiprakash Associates for ₹14,500cr
The Supreme Court of India has declined to interfere with Adani Enterprises Ltd.'s ₹14,543 crore resolution plan for the bankrupt Jaiprakash Associates Ltd (JAL).
UPI clocks 228B transactions in 2025 as digital payments boom
India's digital payments ecosystem is witnessing unprecedented growth, with Unified Payments Interface (UPI) leading the charge.
US-Iran war, AI concerns drag Indian firms into weak quarter
Top Indian IT companies are expected to witness a lackluster fourth quarter, with revenue and profit growth projected at around 10% year-on-year (YoY).
SEBI chief warns of global risks from US-Iran war
Tuhin Kanta Pandey, the Chairman of the Securities and Exchange Board of India (SEBI), recently addressed the CII Corporate Governance Summit.
You can now use Face ID, fingerprint for Paytm UPI
Paytm has announced the launch of biometric authentication for Unified Payments Interface (UPI) transactions and cardless ATM withdrawals.
Why did Reliance shares fall over 4% today?
Reliance Industries' share price has witnessed a steep decline of over 4% today.
Ola Electric shares jump 33%: What's driving the rally?
Ola Electric Mobility's shares jumped over 7% today, marking a massive 33% gain in just three sessions.