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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

23 Oct 2026
• TL;DR

India 10-year yield at 7.48% may not draw foreign funds

India's 10-year government bond yield rose to 7.48%, widening the spread over the US Treasury yield to 251 basis points, but foreign portfolio inflows remain uncertain.

23 Oct 2026
• TL;DR

Bitcoin hits $81,600, $455 million liquidations, US spot ETF inflows

Bitcoin dropped below $82,000 due to a tech stock sell-off, triggering $455 million in leveraged position liquidations within 24 hours.

23 Oct 2026
• TL;DR

Indian IT rally lifts Nifty IT 17% amid AI weakness

Shares of major Indian IT companies rose 1–2% amid a global AI stock rout, with the Nifty IT index gaining 17% this month.

23 Oct 2026
• TL;DR

Volvo Cars to cut about 2,500 jobs, mostly in Sweden

Volvo Cars will cut approximately 2,500 jobs globally due to U.S. tariffs and intense competition in China, resulting in a third-quarter financial loss.

23 Oct 2026
• TL;DR

Japan's 10-year yield falls to 2.795% ahead of BOJ meeting

Japanese government bonds rallied as global tech stock selloffs drove investors toward safer assets, pushing the 10-year yield to its lowest level in over two months.

23 Oct 2026
• TL;DR

IndusInd Securities appoints Rajeev R Srivastava as MD and CEO

IndusInd Securities has named Rajeev R Srivastava as its new managing director and CEO, aiming to modernize the firm with his 25 years of banking and financial expertise.

23 Oct 2026
• TL;DR

Piyush Goyal meets Bayer and Fresenius to boost healthcare investment

Commerce and Industry Minister Piyush Goyal met with Bayer and Fresenius executives to discuss expanding investment opportunities in India's healthcare sector.

23 Oct 2026
• TL;DR

Six Parsi groups back Tata Trusts in letter to Modi

Six Parsi Zoroastrian organisations have written to PM Modi, expressing concern over the implications of Tata Sons' potential listing on its ethos.

23 Oct 2026
• TL;DR

McKinsey: quantum computing could add up to $2.7tn by 2035

Quantum computing could generate up to USD 2.7 trillion in economic value worldwide by 2035, according to a McKinsey & Company report.

23 Oct 2026
• TL;DR

Sensex drops 630 as Indian markets lose ₹10L/cr value

The Sensex plunged 1,100 points from its day's high, and the Nifty fell below 22,450, erasing nearly Rs 10 lakh crore in market value.

23 Oct 2026
• TL;DR

Tech Mahindra partners with SpaceX's Starlink to use Grok AI

Tech Mahindra collaborates with SpaceXSI to utilize Grok Build, enhancing software development and modernizing legacy systems across various industries.

23 Oct 2026
• TL;DR

Sensex falls over 450 points as crude tops $113

Indian stock markets faced significant declines, with the Sensex dropping over 450 points and the Nifty slipping below 22,500, as crude oil prices surged past $113 per barrel.

23 Oct 2026
• TL;DR

AI fears push global credit spreads to 17-month, 129 bps

Global credit spreads have surged to a 17-month high as investors seek safe-haven assets amid a selloff in AI stocks and rising geopolitical tensions.

23 Oct 2026
• TL;DR

Polymarket's X account withheld in India after legal demand

Polymarket, a leading prediction market platform, faces restrictions in India due to new online gaming regulations prohibiting monetary stakes.

23 Oct 2026
• TL;DR

Swiggy shares fall 14% on 922cr Q2 loss, Cyient gains

Swiggy shares fell 14% after reporting a Q2 net loss of Rs 922 crore, while Cyient gained 9% as its revenue increased by 25.5% year-on-year.

23 Oct 2026
• TL;DR

Piyush Goyal says EU rules make India attractive to carmakers

Several European carmakers are exploring manufacturing opportunities in India, while German firms plan substantial investments in sectors like healthcare and pharmaceuticals.

23 Oct 2026
• TL;DR

Indian bonds steady as oil tops $114, US yields slip

Indian government bonds remained stable as rising oil prices, driven by geopolitical tensions, were counterbalanced by declining US Treasury yields amid weaker economic data.

23 Oct 2026
• TL;DR

Swiggy stock plunges 12% to record low ₹184.90 on Friday

Swiggy shares plunged nearly 12% due to mounting losses in its quick-commerce business Instamart and intense competition in India's instant-delivery market.

23 Oct 2026
• TL;DR

Oura sues Ultrahuman for damages and US Ring Pro ban

Oura has filed a lawsuit against Indian competitor Ultrahuman, seeking to block U.S. sales of its Ring Pro, alleging patent infringement on design and internal components.

23 Oct 2026
• TL;DR

inDrive to launch robotaxi trials in Astana Kazakhstan by 2027

inDrive, a ride-hailing company, is set to test Pony.ai's robotaxis in Kazakhstan's capital Astana by 2027, utilizing Nvidia's AI technology for autonomous driving solutions.

23 Oct 2026
• TL;DR

Rallis India shares fall over 4% after results beat estimates

Rallis India shares fell 3.7% on Friday, extending losses to 35% from their 52-week high, following weaker-than-expected Q2 results despite outperforming estimates.

23 Oct 2026
• TL;DR

Goldman Sachs downgrade pushes Ola Electric shares down 5%

Ola Electric shares fell 5% after Goldman Sachs downgraded the stock to Sell, citing prolonged operating losses and challenges in sustaining market share.

23 Oct 2026
• TL;DR

Indian rupee opens at ₹94.79 against US dollar amid volatility

The Indian rupee opened 3 paise higher at 94.79 against the US dollar on Friday, recovering slightly after a 43 paise fall amid rising crude oil prices and global market shifts.

23 Oct 2026
• TL;DR

Infosys shares rise ahead of Q2 earnings on AI scrutiny

Infosys shares rose 3% on Friday as investors anticipate the Q2 FY27 results, with analysts predicting an 11% revenue increase and an 8% rise in net profit.

OpenAI seeks $30B at $1.25 trillion valuation ahead of IPO

OpenAI, the leading artificial intelligence (AI) company based in San Francisco, is on the verge of a major funding round.

23 Oct 2026
• TL;DR

KOSPI's over 40% slide since June could boost Indian stocks

South Korea's Kospi index plummeted 40% since June due to AI-related setbacks, potentially opening opportunities for India's Dalal Street amidst global market shifts.

23 Oct 2026
• TL;DR

Sensex rises as Nifty crosses 22,700 led by IT giants

The domestic equity markets opened positively on Friday, with the Sensex rising over 300 points and the Nifty holding above 22,700, led by gains in information technology stocks.

Jio Platforms IPO closes today

Jio Platforms' ₹30,213 crore initial public offering (IPO) will close today. The issue has drawn strong investor interest and the gray market suggests a potential listing gain of over 20%.

23 Oct 2026
• TL;DR

Amaha to raise ₹100cr to expand clinics across India

Amaha is raising ₹100 crore to expand its hospital and clinic network across India, enhancing clinical capabilities and investing in AI tools for improved mental healthcare.

23 Oct 2026
• TL;DR

Core4 Engineers opens BSE SME IPO at ₹88-₹93, ₹54.82cr raise

Core4 Engineers' Rs 54.82 crore SME IPO opens today, priced at Rs 88–93 per share, with proceeds funding working capital and facility acquisition.

23 Oct 2026
• TL;DR

Gold slips below $4,000 as investors move to Treasuries

Gold prices fell below $4,000 an ounce as investors sold the metal during a stock market rout, driven by concerns over AI investments and rising inflation.

23 Oct 2026
• TL;DR

Oil prices hit 5-month high at $114 amid Gulf threats

Brent crude surged to $114 per barrel, its highest since May 2026, due to concerns over potential supply disruptions in the Middle East.

23 Oct 2026
• TL;DR

Sahajanand Medical Technologies ₹475.48cr IPO sees oversubscription 14.20x 5% premium

Sahajanand Medical Technologies is set to debut on the stock market today, with its IPO subscribed 14.20 times and a grey market premium of approximately 5%.

23 Oct 2026
• TL;DR

Bonfiglioli Transmission India IPO debuts today after 46.05x subscription

Bonfiglioli Transmission India Ltd. is set to debut on the stock market today, with its IPO subscribed 46 times and a grey market premium of 11%.

23 Oct 2026
• TL;DR

Yen strongest in over a month amid AI spending worries

The Japanese yen surged to its strongest level in over a month, driven by increased safe-haven demand amid concerns about the sustainability of the AI spending boom.

23 Oct 2026
• TL;DR

Oil steadies 5-month high amid Houthi attacks on Saudi Arabia

Oil prices remained stable following a significant 4% rise due to supply concerns, while gold hovered near its lowest point in over three months amid market volatility.

23 Oct 2026
• TL;DR

Gold logs sharpest weekly fall since June amid rate expectations

Gold prices are set for their steepest weekly drop since June, driven by strong US economic data and rising oil prices, which bolster expectations of prolonged high interest rates.

23 Oct 2026
• TL;DR

Donald Trump delays wind turbine tariffs pending 180 day review

US President Donald Trump has postponed tariffs on wind turbines, directing trade officials to consult with partners and report back within 180 days.

23 Oct 2026
• TL;DR

Knauf Group to add €350 million for 4 Indian building-materials plants

Knauf Group plans to invest an additional €350 million in India, establishing four new manufacturing plants to enhance its presence in the country.

23 Oct 2026
• TL;DR

Brent nears 3rd straight weekly gain as oil hits $113.82

Brent crude futures rose to $113.82 a barrel amid escalating supply concerns due to Houthi attacks on Saudi Arabia and a pipeline outage in Libya.

23 Oct 2026
• TL;DR

Zetwerk IPO hits market after ₹5,000cr-plus raise and muted debut

Zetwerk Manufacturing Business shares debut on the stock market today, following an IPO that raised over ₹5,000 crore, despite a sharp decline in grey market premium.

23 Oct 2026
• TL;DR

Wealthy Chinese move money to US banks after 20% tax

Amid Beijing's new tax regime on offshore wealth, wealthy Chinese are increasingly moving their assets to U.S. banks, seeking refuge from China's expanding financial oversight.

23 Oct 2026
• TL;DR

SEBI greenlights Nippon AMC 96.8cr Yes Bank AT1 bonds settlement

Nippon Life India Asset Management Company has received in-principle approval from Sebi for a ₹96.8 crore settlement regarding mutual fund investments in Yes Bank's AT1 bonds.

23 Oct 2026
• TL;DR

SK Hynix pauses Solidigm IPO as shares fall 3%

SK Hynix shares fell 3% in Seoul after the company halted plans for a U.S. IPO of its subsidiary Solidigm, citing market volatility and regulatory concerns.

23 Oct 2026
• TL;DR

Motilal Oswal cuts Swiggy target to ₹280, keeps 'buy'

Motilal Oswal has reduced Swiggy's price target to ₹280, citing a longer path to profitability after the company's Q2 results revealed continued net losses.

23 Oct 2026
• TL;DR

Sun Pharma raises ₹7,816cr in bonds short of ₹10,000cr target

Sun Pharma raised ₹7,816 crore through bonds, missing its ₹10,000-crore target due to rising market yields that led investors to demand higher returns.

23 Oct 2026
• TL;DR

Chinese AI companies MiniMax and Z.AI shed $150B since January

China's AI model developers, MiniMax and Zhipu, have lost $150 billion in market value amid fierce competition and potential new IPOs diverting investor interest.

23 Oct 2026
• TL;DR

SpaceX tops $4 billion after $561 million Boring Company gain

SpaceX reported an unrealized gain of $561 million from its stake in Elon Musk's Boring Co., significantly boosting its net income for the third quarter.

23 Oct 2026
• TL;DR

Asian benchmark slips 0.3% after Tesla and Meta earnings

Asian stocks extended losses following a decline in US technology shares, as investors shifted to safer assets like Treasuries and the yen amid weak sentiment.

23 Oct 2026
• TL;DR

Gold nears 3-month low as US stocks and yields slide

Gold steadied near its lowest in over three months as market volatility, driven by AI investment concerns and a stock rout, pressured the precious metal.

23 Oct 2026
• TL;DR

Indian government to cut ownership in 4 banks to 75%

The government is considering reducing its stake in four public sector banks to 75% to comply with the stock market regulator's minimum public shareholding requirement.

23 Oct 2026
• TL;DR

Tata Electronics aims to make advanced iPhone components in India

Tata Electronics aims to expand its manufacturing capabilities in India, moving beyond iPhone casings to advanced components, as it seeks a larger role as an Apple supplier.

23 Oct 2026
• TL;DR

Jio Platforms runs India's biggest IPO, rivals pause planned IPOs

Several companies have postponed their IPOs to avoid clashing with Jio Platforms' massive ₹30,213 crore issue, which is dominating investor attention and market liquidity.

23 Oct 2026
• TL;DR

TCS, HCLTech, Wipro and Tech Mahindra offer AI strategy advice

India’s leading IT companies are expanding their roles to include AI strategy consulting, driven by the growing adoption of artificial intelligence and decreasing deployment costs.

23 Oct 2026
• TL;DR

Houthi attacks on Saudi targets push oil to $113 barrel

Brent Crude prices have surged past $113, driven by rising Houthi attacks on Saudi infrastructure and geopolitical tensions involving the US, Iran, and Russia.

23 Oct 2026
• TL;DR

Japan's core inflation 2.1% in September, BOJ may raise rates

Japan's core inflation reached 2.1% in September, the highest this year, driven by elevated energy prices and a weak yen, surpassing analysts' expectations.

23 Oct 2026
• TL;DR

Warhound raises $200 million to genetically engineer war dogs

Warhound emerges from stealth with $200 million in funding, aiming to genetically engineer war dogs for military and law enforcement, enhanced with Anduril's technology.

23 Oct 2026
• TL;DR

Iran caps US dollar purchases $1,000 daily, $10,000 total

Iran has introduced new guidelines capping daily US dollar purchases at $1,000 as the country faces intensified US sanctions targeting its financial networks.

23 Oct 2026
• TL;DR

Nearly 500 Bojangles add Bo-Linda AI, 100 more planned

Bojangles has implemented its AI order taker, Bo-Linda, in nearly 500 locations, enhancing customer experience and operational efficiency with a 98% success rate.

23 Oct 2026
• TL;DR

Warp Sciences raises $215 million to accelerate drug discovery using AI

Kevin Weil and Manohar Paluri's Warp Sciences secures $215 million in Series A funding, led by Lightspeed, to accelerate drug discovery using AI and robotics.

23 Oct 2026
• TL;DR

OpenAI reportedly wrapping up to $30B round valuing it $1.25T

OpenAI is nearing a $30 billion funding round at a $1.25 trillion valuation, led by investors from the UAE and Coatue, ahead of a potential IPO in 2027.

23 Oct 2026
• TL;DR

Anthropic IPO expected to reward early backers, founders and employees

Anthropic's upcoming IPO is set to deliver substantial returns, with Iconiq, Spark Capital, and GIC among the key investors poised for significant financial gains.

23 Oct 2026
• TL;DR

Moderna shares fall over 25% despite positive melanoma vaccine leak

Moderna's stock fell over 25%, erasing $24 billion in market value, following the leak of trial results for its melanoma vaccine developed with Merck.

23 Oct 2026
• TL;DR

Reserve Bank of India orders forensic checks after credential exposure

The Reserve Bank of India mandates banks and payment firms to treat tech environments as compromised until forensic clearance is obtained after any credential exposure.

23 Oct 2026
• TL;DR

US Treasury yields slip as AI doubts drag Nasdaq, Meta

US Treasury yields fell sharply as investors sought safe-haven assets, driven by renewed doubts about the sustainability of the AI sector's growth.

23 Oct 2026
• TL;DR

Piyush Goyal proposes India Germany trade jump to 310 billion

India and Germany aim to increase bilateral trade from $31 billion to $310 billion by leveraging complementary strengths, with the India-EU free trade agreement expected soon.

23 Oct 2026
• TL;DR

Government revamps GST return forms, filers can comment in November

The government plans to revamp GST return forms to reduce mismatches between reported sales and tax payments, with draft forms available for public feedback starting November 1.

23 Oct 2026
• TL;DR

Andreessen Horowitz renames a16z crypto as a16z Frontier, backs AI

Andreessen Horowitz (a16z) is broadening its investment scope, renaming its crypto fund to a16z Frontier and targeting artificial intelligence and other emerging technologies.

23 Oct 2026
• TL;DR

Elon Musk commits about $366 million to 2026 midterms favoring Republicans

Elon Musk has invested $366 million in the 2026 midterm elections, aiming to influence outcomes that could impact SpaceX and Tesla's federal contracts and regulatory environment.

22 Oct 2026
• Swiggy

Swiggy posts ₹922cr loss in Q2

Swiggy, the popular food and grocery delivery platform, has witnessed an improvement in its financial performance for the second quarter (Q2) of FY27.

22 Oct 2026
• OpenAI

SoftBank's market value crashes 50% as AI worries mount

SoftBank Group has seen its market value cut in half since its peak in June, owing to rising borrowing costs and debt risks.

22 Oct 2026
• Flipkart

Flipkart loses 3 more VPs as senior-level exits hit 14

Walmart-owned e-commerce giant Flipkart has witnessed the exit of three more senior executives.

22 Oct 2026
• Netflix

Netflix subscribers, be ready to pay more

Netflix has hinted at potential future price hikes for its subscription services.

22 Oct 2026
• ICICI Bank

ICICI Bank revising savings account charges: What changes for customers?

ICICI Bank has announced a revision in its savings account service charges, effective from December 1.

22 Oct 2026
• Layoff News

Barclays cuts 5,000 jobs as AI reshapes banking

Barclays, one of the leading banking groups, has announced plans to cut around 5,000 jobs this year.

22 Oct 2026
• Elon Musk

Tesla-SpaceX merger could add $110B to Musk's wealth

Elon Musk has confirmed that both SpaceX and Tesla have formed special committees to explore a possible merger.

22 Oct 2026
• China

No order, no seat: Starbucks China makes buying mandatory

Starbucks has introduced a new policy in China, making it mandatory for customers to make a purchase if they want to use the seating area.

22 Oct 2026
• Microsoft

Xbox mandates 4-day office attendance: Who does it apply to?

Microsoft has announced a new policy mandating most of its Xbox employees to work from the office four days a week.

22 Oct 2026
• California

Meta strikes deal with Zuckerberg to keep him in California

Meta has struck a deal with its CEO Mark Zuckerberg, allowing him to sell shares without losing control of the company.

22 Oct 2026
• WordPress

Automattic begins layoffs amid board crisis and executive exodus

Automattic, the parent company of popular platforms like WordPress.com, WooCommerce, and Tumblr, has started laying off employees., according to Techcrunch.

22 Oct 2026
• Meta

Meta creates new class of shares to fund AI investments

Meta plans to introduce a new class of non-voting shares to help fund its growing AI ambitions.

22 Oct 2026
• Anthropic

DeepSeek raises $15B to challenge OpenAI and Anthropic

DeepSeek, a leading artificial intelligence (AI) start-up from China, has raised 100 billion yuan ($15 billion) in its latest funding round.

22 Oct 2026
• Zomato

Shiprocket enters food delivery space

Shiprocket, a leading logistics and e-commerce enablement company, has announced its entry into the food delivery sector to rival Zomato and Swiggy.

22 Oct 2026
• Tesla

Tesla's net profit drops 43% in Q3

Tesla has reported a major decline in its net profit for the third quarter of 2026.

22 Oct 2026
• Benjamin Netanyahu

Oil prices cross $110 after drone attack on Saudi oilfield

Oil prices have surged due to a drone attack on a Saudi Aramco oilfield, raising fears of supply disruptions amid the escalating West Asia conflict.

22 Oct 2026
• Meta

Meta reports $65B revenue for Q3

Meta Platforms, the parent company of Facebook and Instagram, has reported a stellar third-quarter revenue for 2026.

22 Oct 2026
• China

Down 20% from peak, China's stock market enters bear territory

China's mainland-listed shares have entered a technical bear market, with the CSI 300 Index plunging nearly 20% from its June peak.

21 Oct 2026
• European Union

Why Booking.com is facing an EU probe

The European Union (EU) has launched an investigation into online travel agent Booking.com over alleged failures to combat fake listings and phishing scams.

SAT reserves order in trading giant Jane Street's case

The Securities Appellate Tribunal (SAT) has reserved its order in the case of trading giant Jane Street.

21 Oct 2026
• Netflix

Netflix beats earnings estimates, so why are shares falling?

Netflix has reported its third-quarter earnings, which have beaten analyst estimates.

21 Oct 2026
• Coca-Cola

How Costa Coffee turned into a $5.1B headache for Coca-Cola

Coca-Cola's $5.1 billion acquisition of Costa Coffee, the UK's answer to Starbucks, has turned out to be a costly miscalculation.

21 Oct 2026
• France

Looted French luxury goods up for resale on Vinted

In the wake of the recent unrest in France, online second-hand marketplace Vinted has removed listings of stolen French goods.

21 Oct 2026
• Iran

India's crude import bill jumps 46% to $91 billion

India's crude oil import bill has witnessed a massive jump of 46.3% to $90.6 billion in the April-September period, according to data from the Petroleum Planning and Analysis Cell (PPAC).

Carlsberg might file for $700M IPO in India this week

Danish brewing giant Carlsberg is gearing up to file for an initial public offering (IPO) of its Indian business as early as this week, as per Bloomberg.

21 Oct 2026
• Finance

Eternal's Q2 FY27 profit jumps 92% YoY to ₹125cr

Eternal, the parent company of Zomato and Blinkit, has reported a 92% jump in its net profit for the quarter ending September 30.

21 Oct 2026
• Nifty

Sensex crashes 1,400 points from day's high

India's benchmark indices, Sensex and Nifty, witnessed a major fall from their day's high on Wednesday. The decline was mainly due to profit booking at higher levels.

21 Oct 2026
• Apple

eMudhra shares crash 20% after security flaw hits TLS certificates

Shares of Bengaluru-based eMudhra Ltd plummeted by 20% on Wednesday.

21 Oct 2026
• HDFC Bank

HDFC Bank finds 2 senior executives leaked secrets

HDFC Bank, India's largest lender by market capitalization, is investigating two of its senior executives for allegedly leaking confidential business strategies and possibly market-sensitive information.

21 Oct 2026
• Deepinder Goyal

Deepinder Goyal teases 'DARK by ETERNAL' on social media

Deepinder Goyal, the founder of Eternal (Zomato's parent company), has teased a new project called Dark.ai.

21 Oct 2026
• Vodafone Idea

You can use Vodafone Idea's voice-only plans by October-end

Vodafone Idea is all set to launch its new voice-only plans by the end of this month.

21 Oct 2026
• Goldman Sachs

AI IPOs could add $100B to India's stock-market: Goldman Sachs

Goldman Sachs has predicted that India's listed artificial intelligence (AI) market could see a major boost in the coming years.

21 Oct 2026
• Finance

Getty Images files for bankruptcy in the US

Getty Images Holdings Inc has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.

21 Oct 2026
• Meta

Meta's chief global affairs officer to quit after 15 years

Meta's Chief Global Affairs Officer, Joel Kaplan, is set to leave the company next year.

21 Oct 2026
• Boeing

Boeing's long-delayed 737 MAX 10 gets FAA certification

The US Federal Aviation Administration (FAA) has given its nod to Boeing's 737 MAX 10, the largest variant in the best-selling aircraft family.

21 Oct 2026
• Donald Trump

Trump faces lawsuit over 50% tariffs on Canadian goods

The Gellert Global Group, a New Jersey-based food importer, has filed a lawsuit against President Donald Trump's 50% tariffs on several Canadian products.

21 Oct 2026
• State Bank of India (SBI)

SBI flags potential data breach involving 3.75L customer records

The State Bank of India (SBI), the country's largest lender, has flagged a potential data breach involving 3.75 lakh customer records.

Income tax audit compliance deadline today: Key points for taxpayers

The extended deadline for income tax audit compliance ends today.

21 Oct 2026
• Reserve Bank Of India (RBI)

Indian government bonds face major decline today: What's the reason?

Indian government bonds witnessed a major sell-off today, owing to the relentless rise in oil prices.

21 Oct 2026
• Finance

Why Foursquare's acquisition left its co-founder Dennis Crowley 'heartbroken'

Dennis Crowley, the co-founder of location technology company Foursquare, has expressed his disappointment over the company's recent acquisition by Infillion.

21 Oct 2026
• Microsoft

Xbox plans fresh layoffs in November and January: Report

Microsoft is reportedly planning another round of layoffs in its Xbox division.

Jio IPO opens as India's biggest-ever share sale

India's largest-ever public issue, the ₹30,213-crore initial public offering of Jio Platforms, sailed through to full subscription within just 35 minutes of opening on its first day of bidding on Wednesday.

21 Oct 2026
• Anthropic

Musk confirms merger talks between SpaceX and Tesla

Elon Musk has confirmed that his two companies, SpaceX and Tesla, are in talks about a possible merger.

20 Oct 2026
• Finance

Salesforce acquires customer engagement platform Braze for $5.66B

Salesforce has announced its acquisition of Braze, a leading customer engagement platform, in a deal worth approximately $5.66 billion (including debt).

Jio Platforms IPO opens tomorrow: Here's how to apply

Jio Platforms, India's leading telecom company, is gearing up to launch its initial public offering (IPO) on October 21.

20 Oct 2026
• Apple

How UK plans to break Apple's dominance in contactless payments

UK's competition regulator, the Competition and Markets Authority (CMA), has proposed measures to reduce Apple's dominance in the contactless payments space.

20 Oct 2026
• Google Cloud

Cognizant and Google Cloud to promote agentic AI adoption

Cognizant and Google Cloud have expanded their partnership to promote the adoption of agentic artificial intelligence (AI).

20 Oct 2026
• BMW

BMW might pay you ₹7cr to leave the company

BMW has launched a voluntary exit program, offering its employees severance packages of up to €650,000 (roughly ₹7 crore).

20 Oct 2026
• Qualcomm

Qualcomm to lay off employees worldwide in performance-focused cuts

Qualcomm, one of the world's leading smartphone chipmakers, has announced a global job cut as part of a "performance-focused reduction."

US will discuss processing Venezuelan crude with Reliance: Rubio

United States Secretary of State Marco Rubio has said that the United States will be discussing with Mukesh Ambani-owned Reliance Industries about refining more Venezuelan crude.

20 Oct 2026
• E-commerce

India's online retail market to exceed $90 billion in 2026

India's online retail market is set to witness a major boom, with projections estimating it will exceed $90 billion by 2026.

20 Oct 2026
• Samsung Electronics

Kospi crashes another 5%, now down 40% from peak

South Korea's benchmark KOSPI index has witnessed another crash, falling by 5%. The fall comes as a result of a chip-led sell-off in artificial intelligence (AI) stocks.

20 Oct 2026
• Disney+

Disney asked Character.AI to go bankrupt to avoid legal baggage

Disney reportedly required Character.AI to go through bankruptcy proceedings as part of a deal to acquire access to its technology and hire much of its staff, according to court filings reviewed by WIRED.

20 Oct 2026
• Elon Musk

Musk to distribute SpaceX shares to children through Trump Accounts

Elon Musk has announced his plan to give one of his SpaceX shares to "every kid in America" next year.

20 Oct 2026
• China

Chinese billionaires might face taxes on offshore holdings worth $140B

China's wealthiest billionaires could be facing a potential crackdown on holdings of nearly $140 billion.

20 Oct 2026
• Anthropic

Anthropic might announce another $45B compute deal with Nscale

Anthropic and AI infrastructure provider Nscale are in talks for a second $45 billion compute deal.

20 Oct 2026
• Taiwan

Why Micron workers in Taiwan are going on strike tomorrow

Workers at a Micron Technology plant in Taiwan are gearing up for a strike tomorrow.

20 Oct 2026
• Anthropic

OpenAI targets $30B at $1.4 trillion valuation

OpenAI is fast-tracking a major fundraising round, hoping to secure investor commitments before rival Anthropic's public market debut in mid-November.

20 Oct 2026
• Anthropic

Eric Schmidt's 1% Anthropic stake could be worth $20 billion

Former Google CEO Eric Schmidt owns a 1% stake in Anthropic, a leading AI start-up. The investment was made during the company's Series A funding round.

Jio raises ₹8,110cr from anchor investors ahead of IPO

Jio Platforms, the parent company of Reliance Jio Infocomm, has raised ₹8,109.84 crore from 212 anchor investors.

20 Oct 2026
• New Zealand

India-NZ FTA kicks in: What gets cheaper for you

The Free Trade Agreement (FTA) between India and New Zealand has come into effect from today.

20 Oct 2026
• Elon Musk

Musk's $158B Tesla pay faces shareholder vote in December

Tesla has scheduled a shareholder meeting on December 3 to decide on the re-election of CEO Elon Musk, board chair Robyn Denholm, and director JB Straubel for another three-year term.

19 Oct 2026
• Bajaj Finance

Bajaj Finance's Q2 net profit jumps 29% to ₹6,266cr

Bajaj Finance has reported a whopping 29% jump in its net profit for the quarter ended September 30, 2026.

19 Oct 2026
• OYO Rooms

OYO parent might launch its IPO in November

Prism, the parent company of hospitality platform OYO, is gearing up to launch its initial public offering (IPO) in November.

19 Oct 2026
• Reserve Bank Of India (RBI)

RBI conducts ₹1L crore VRR auction to enhance banking liquidity

The Reserve Bank of India (RBI) has conducted a ₹1 lakh crore Variable Rate Repo (VRR) auction today.

19 Oct 2026
• Stock Market

Diwali Muhurat Trading session on November 8: Check timings

The Bombay Stock Exchange (BSE) has announced the schedule for the Diwali Muhurat Trading session in 2026.

19 Oct 2026
• IDBI Bank

IDBI Bank employees to go on hunger strike in November

IDBI Bank employees have announced a two-day nationwide hunger strike on November 2 and 3.

19 Oct 2026
• Waymo

Is Waymo a threat to national security of US?

Waymo, the self-driving car subsidiary of Alphabet, has placed an order for thousands of Chinese-made electric vehicles (EVs) to expand its US robotaxi fleet.

19 Oct 2026
• Volkswagen

Volkswagen might freeze salaries of all employees until 2030

Volkswagen, the German automotive giant, is planning to freeze salaries for its 660,000 employees worldwide until 2030.

19 Oct 2026
• Personal Finance

How NPS Central portal lets you manage your pension account

The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new digital platform, NPS Central.

19 Oct 2026
• United States of America

India's engineering exports on track to hit record $150B

India's engineering exports are on course to hit a record high of $150 billion in the current fiscal year, according to Pankaj Chadha, Chairman of the Engineering Export Promotion Council (EEPC).

19 Oct 2026
• Electric Vehicles

Foxconn buys 50% stake in Mitsubishi's EV unit for $727M

Taiwanese tech giant Foxconn has announced its plan to acquire a 50% stake in Mitsubishi Electric Corp's automotive-components business.

19 Oct 2026
• Anthropic

Why Apple CEO is on TIME's Best Inventions 2026 cover

Apple's newly appointed CEO, John Ternus, has made it to the cover of TIME magazine's annual Best Inventions of 2026 issue.