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Business News

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

05 Nov 2026
• TL;DR

Xyra Group offers £12.5 million to cover Poundland's £30m debt

London-based Xyra Group has proposed a rescue bid for Poundland, offering to pay off half of its debts as the retailer faces potential collapse, threatening thousands of jobs.

05 Nov 2026
• TL;DR

Shilpa Medicare posts 79.5% YoY profit to ₹79cr, revenue ₹529cr

Shilpa Medicare's net profit surged 79.5% YoY to ₹79 crore, while revenue increased 43% to ₹529 crore in Q2 FY27, showcasing robust financial performance.

05 Nov 2026
• TL;DR

ServiceNow and LTM expand partnership to scale AI across enterprises

ServiceNow and LTM have expanded their collaboration to enhance AI deployment for over 700 shared clients, leveraging ServiceNow's platform with LTM's domain expertise.

05 Nov 2026
• TL;DR

India's solar components market could reach $7.8bn by March 2028

India's solar components market is set to more than double, reaching $7.8 billion by March 2028, driven by increased domestic manufacturing and rising demand, according to CEEW.

05 Nov 2026
• TL;DR

Bombay High Court notices Bank of Baroda over $15bn suit

The Bombay High Court has issued a notice to Bank of Baroda in response to a $15 billion civil suit filed by BR Shetty, seeking urgent preservation of the bank's records.

05 Nov 2026
• TL;DR

Zoho Analytics targets nearly 20% annual growth courting enterprise clients

Zoho Analytics aims for a 20% annual customer increase by integrating AI-powered workflows and focusing on larger enterprise clients.

05 Nov 2026
• TL;DR

Blinkit Ambulance adds ₹2,500 fee for nonemergency patient transfers

Blinkit Ambulance now charges Rs 2,500 for non-emergency patient transfers to ensure emergency vehicles remain available for urgent cases. Emergency services remain free of charge.

05 Nov 2026
• TL;DR

Nifty and Sensex surge as crude oil prices drop sharply

Nifty crossed 24,500 and Sensex gained 2,070 points as crude oil prices continued to fall, with Bajaj Finance leading the rally among top gainers.

05 Nov 2026
• TL;DR

Majority of Indian professionals plan 2027 job switches, survey finds

Nearly seven in 10 Indian professionals plan to seek new jobs in 2027, with over half desiring salary hikes of at least 31%, according to a foundit survey.

05 Nov 2026
• TL;DR

India data centers could add $105B to imports, HSBC says

India's data centre investments could increase the country's import bill by $105 billion, driven by a 5-gigawatt capacity expansion, according to HSBC Global Research.

05 Nov 2026
• TL;DR

Sony raises outlook after 2nd-quarter profit jumps on games, movies

Sony reported a 45% increase in second-quarter operating profit, driven by strong performances in its games and movies units, surpassing market expectations.

05 Nov 2026
• TL;DR

Uday Kotak: AI selloff could boost foreign investment into India

Uday Kotak, Asia's richest banker, suggests that a global AI investment correction could redirect foreign flows to India, enhancing its market resilience and valuation appeal.

05 Nov 2026
• TL;DR

NSE and BSE host Muhurat trading session Sunday November 8

The NSE and BSE will hold a special Muhurat trading session on Sunday, November 8, 2026, from 2:20 pm to 3:30 pm to mark Diwali Laxmi Pujan.

05 Nov 2026
• TL;DR

Indian travelers get 10% UPI discount at Dubai Duty Free

Indian travelers can enjoy a 10% discount at Dubai Duty Free when paying with UPI, enhancing digital payment connectivity between India and the UAE.

05 Nov 2026
• TL;DR

SBI opens 77 specialist officer posts apply online November 25

The State Bank of India invites applications for 77 Specialist Officer posts. Eligible candidates can apply online at sbi.co.in until November 25, 2026.

05 Nov 2026
• Zomato

Zomato now delivers food from restaurants up to 40km away

Zomato has launched a new feature called 'Limitless Delivery,' allowing customers to order food from their favorite restaurants even if they are far away.

05 Nov 2026
• TL;DR

Michael Dell loses nearly $10B as Mark Zuckerberg gains $3B

Michael Dell's net worth fell by nearly $10 billion as Dell Technologies shares dropped over 9% following the US midterm election results, marking a significant daily loss.

05 Nov 2026
• TL;DR

Shiprocket posts ₹60L Q2 FY27 profit as revenue hits ₹674cr

New Delhi-based Shiprocket reported a net profit of Rs 60 lakh in Q2 FY27, with operating revenue increasing by 34.8% year-on-year to Rs 674 crore.

05 Nov 2026
• Meta

Meta offers voluntary exits to employees in France

Meta, the tech giant led by Mark Zuckerberg, has joined the likes of Microsoft and Google in offering voluntary exits to select employees.

05 Nov 2026
• Stock Market

Tonbo Imaging shares double in just 10 trading sessions

Tonbo Imaging's shares jumped by 14% on Thursday, following the company's September quarter results.

05 Nov 2026
• TL;DR

Report: AI to grow India office workforce to 48 million

Artificial intelligence is set to transform India's office space demand, with the workforce projected to grow from 38 million in 2025 to 48 million by 2030.

05 Nov 2026
• TL;DR

Vadodara-based Maxwell Engineering Solutions SME IPO subscribed 536.80 times

Maxwell Engineering Solutions' SME IPO was oversubscribed 536.80 times, attracting bids worth Rs 20,368.89 crore, highlighting strong investor interest in its niche market segment.

05 Nov 2026
• TL;DR

Dara Khosrowshahi says fuel costs could raise fares India, Brazil

Uber CEO Dara Khosrowshahi warns that rising fuel costs, driven by Middle East tensions, may lead to higher ride prices in India due to driver supply challenges.

05 Nov 2026
• TL;DR

Dubai Duty Free accepts UPI from eligible Indian bank accounts

Indian travellers can now use UPI for purchases at Dubai Duty Free, enjoying a 10% discount up to AED 100, enhancing payment convenience while shopping in Dubai.

05 Nov 2026
• OpenAI

OpenAI plans market debut in 2027 as enterprise sales surge

OpenAI President Greg Brockman has revealed that the company now earns most of its revenue from enterprise sales.

05 Nov 2026
• TL;DR

HDFC Bank lifts FD rates up to 50 basis points

HDFC Bank has increased fixed deposit interest rates by up to 50 basis points, with senior citizens now earning up to 7.20% for select tenures.

05 Nov 2026
• TL;DR

Meta offers voluntary exit to about 100 French staff

Meta has reportedly joined Microsoft and Google in offering voluntary exit options to employees, with a deadline of November 5 for interested staff in France.

05 Nov 2026
• TL;DR

BOJ raises main rate to 1.25% and signals faster hikes

Bank of Japan policymakers are considering accelerating interest rate hikes if inflation rises faster than expected, as indicated in the minutes of their September meeting.

05 Nov 2026
• TL;DR

Blue Star shifts to Indian data centers, seeks ₹8,000cr orders

Blue Star is transitioning from public infrastructure projects to focus on the booming data centre market, aiming for Rs 8,000 crore in order bookings by 2030.

05 Nov 2026
• TL;DR

Elara Securities's Harendra Kumar says India can lead AI trade

Harendra Kumar, MD & CEO of Elara Securities, discusses India's potential in the AI sector, highlighting opportunities in data centres, financiers, power, and capital goods.

05 Nov 2026
• TL;DR

Mehli Mistry challenges SDTT removal citing vote by Venu Srinivasan

Mehli Mistry, a former trustee of Sir Dorabji Tata Trust, contests his removal, citing procedural irregularities involving Venu Srinivasan's vote after his trustee term ended.

05 Nov 2026
• TL;DR

India's office leasing market to be 80-85% green by 2026

Sustainable office spaces are projected to account for 80-85% of total office leasing in India by 2026, driven by a growing focus on energy efficiency and green certifications.

05 Nov 2026
• TL;DR

Google Cloud sees clients prefer short flexible AI contracts

Clients are increasingly seeking shorter, flexible cloud agreements to quickly adopt new AI technologies, prompting Google Cloud to adapt its strategies in the competitive market.

05 Nov 2026
• TL;DR

Tonbo Imaging shares double to ₹1,445 after ₹23.5cr quarterly profit

Tonbo Imaging's shares surged 14% after announcing a quarterly profit, doubling from its IPO price of ₹700 to ₹1,445 within just 10 trading sessions.

05 Nov 2026
• TL;DR

HDFC Bank shares climb to ₹752 amid leadership changes

HDFC Bank shares rose 2.08% to ₹752.00 on Thursday, marking a 12.36% recovery from last week's 52-week low of ₹669.20 amidst strong sectoral tailwinds.

05 Nov 2026
• TL;DR

Amit Suxena at SuiteWorld 2026 says AI helps SMBs compete

Amit Suxena of Oracle NetSuite asserts that AI will level the playing field for small and medium businesses, enabling them to compete more effectively with larger enterprises.

05 Nov 2026
• Lenskart

Lenskart jumps 10% after strong Q2 earnings

Lenskart's shares jumped over 10% on Thursday after the eyewear retailer reported a massive 122.1% year-on-year (YoY) jump in its consolidated profit for the September quarter.

05 Nov 2026
• TL;DR

Bengaluru's Scripbox converts to public limited company ahead of IPO

Bengaluru-based wealthtech startup Scripbox is transitioning to a public company, signaling its preparation for an upcoming initial public offering (IPO).

05 Nov 2026
• TL;DR

Alibaba and Tencent lift Hang Seng 3% after US midterms

Hong Kong stocks surged 3% led by technology shares, while mainland Chinese equities posted modest gains as investor sentiment improved following the US midterm election results.

05 Nov 2026
• Iran

Crude oil slips below $94 as US-Iran war fears ease

Oil prices have been on a downward trend for four consecutive days, with Brent crude futures dropping by 1.03% to $93.65 per barrel and US West Texas Intermediate crude futures falling by 1.29% to $86.98 per barrel on Thursday.

05 Nov 2026
• TL;DR

GetWork spins off Flashfox AI after $5 million ARR

GetWork has launched Flashfox AI as a standalone entity, focusing on AI hiring platforms, contributing 52% of the company's revenue and targeting international expansion.

05 Nov 2026
• TL;DR

Microsoft ends multibillion-dollar Texas data center deal with NVIDIA-backed nScale

Microsoft has declined to expand its agreement with Nscale for Texas data center resources, foregoing a potential multibillion-dollar deal, according to the Financial Times.

05 Nov 2026
• TL;DR

Nomura maintains buy, raises Nykaa parent company target to ₹427

Nomura maintains a 'Buy' rating on Nykaa, raising the target price to Rs 427, driven by expected growth in premiumisation and brand partnerships.

05 Nov 2026
• TL;DR

Arkansas Attorney General Tim Griffin sues Kalshi for illegal betting

Arkansas has filed a lawsuit against prediction market Kalshi, accusing it of illegal gambling, adding to the growing list of states taking legal action against the platform.

05 Nov 2026
• TL;DR

Sequoia Capital shuts London office to centralize European investing operations

Sequoia Capital is closing its London office to simplify operations, resulting in potential job cuts as European investments shift back to the US.

05 Nov 2026
• TL;DR

South Korea's KOSPI falls more than 4% on chip selloff

South Korea's KOSPI index fell over 4%, led by significant declines in Samsung Electronics and SK Hynix, as concerns over tighter AI regulations impacted semiconductor stocks.

05 Nov 2026
• TL;DR

Nifty 50 rally lifts India's market to $5 trillion

India's stock market has rebounded, rejoining the $5 trillion market capitalization club, driven by a strong rally in key stocks like Reliance Industries and banking sectors.

05 Nov 2026
• TL;DR

Lenskart Q2 FY27 profits jump 122.1% to ₹227.08cr

Lenskart shares jumped over 6% following a 122.1% YoY increase in Q2 net profit, prompting five brokerages to issue bullish ratings with revised target prices.

05 Nov 2026
• TL;DR

Regional Indian airlines urge revival of ATF Price Stabilisation Fund

Regional airlines are urging the government to revive the ATF Price Stabilisation Fund with revised terms, as soaring fuel costs force them to cut flights.

05 Nov 2026
• TL;DR

Indian markets rally after Democrats's sweeping win and Brent plunge

Foreign investors infused Rs 7,284 crore into Indian equities following the Democrats' US midterm victory, boosting market sentiment and easing economic pressures.

05 Nov 2026
• TL;DR

Figma will rely on own design model, monetize AI credits

Figma is leveraging AI credits and its proprietary model to enhance margins, with over 80% of large paid customers using these credits weekly, boosting monetization.

05 Nov 2026
• TL;DR

India's Coffee Board cuts forecast to 380,000 metric tons

India's Coffee Board has revised its production estimate to 380,000 metric tons for the fiscal year ending in March, down from over 400,000 tons due to insufficient monsoon rains.

05 Nov 2026
• Sensex

Sensex jumps 1,400 points, Nifty crosses 24,300

India's stock market opened on a high note today, extending its winning streak for the sixth consecutive session.

05 Nov 2026
• TL;DR

Lenskart credits AI automation and in-house manufacturing for ₹2,845cr revenue

Lenskart's focus on manufacturing, AI, and R&D is enhancing operating efficiency and expanding profit margins, according to CEO Peyush Bansal following a strong Q2 performance.

05 Nov 2026
• TL;DR

Union Bank of India seeks LTCG tax cuts for investors

Union Bank of India recommends a complete exemption from long-term capital gains tax on equity investments held beyond three years to attract stable foreign capital.

05 Nov 2026
• TL;DR

Indian markets rally as Nifty tops 24,300, Sensex crosses 78,700

Nifty 50 surged over 400 points to surpass 24,300 as crude oil prices plummeted nearly 10% and a Democratic sweep in the US midterm elections boosted market sentiment.

05 Nov 2026
• X

Sequoia raises $10B while scaling back global operations

Sequoia Capital, a leading global venture capital firm, has announced a major restructuring of its operations. The company has raised around $10 billion in new funds as part of this initiative.

05 Nov 2026
• TL;DR

Indian rupee 94.33 versus US dollar strongest over 2 weeks

The Indian rupee rose to a 15-day high of 94.33 against the US dollar, driven by falling crude oil prices and increased foreign portfolio investor inflows.

05 Nov 2026
• TL;DR

Arm Holdings beats Q2 revenue forecasts as AI demand rises

Arm Holdings exceeded Wall Street's second-quarter revenue expectations, driven by increased royalty payments and licensing fees from AI-related computing products.

05 Nov 2026
• TL;DR

Sensex jumps 1,350 points to 78,719.72 as Nifty up 1.66%

Sensex soared 1,350 points and Nifty approached 24,350 as oil prices hit a two-month low, driven by political developments in the US boosting investor confidence.

05 Nov 2026
• TL;DR

Bombay Coated & Special Steels debuts on NSE and BSE

Bombay Coated & Special Steels shares debut on November 5, 2026, with a grey market premium indicating a potential 10% gain over the IPO issue price.

05 Nov 2026
• TL;DR

Sensex and Nifty rally 6th straight day on Democrats's gains

The Sensex surged nearly 1,400 points as domestic equity markets rose for the sixth consecutive session, driven by positive global cues and Democrats securing control of Congress.

05 Nov 2026
• HP Laptops

Who is Emma Walmsley, HP's newly appointed CEO?

HP Inc. has appointed Emma Walmsley as its new Chief Executive Officer (CEO).

05 Nov 2026
• TL;DR

Indian rupee rises 5th straight day to 94.35 vs USD

The Indian rupee opened 29 paise higher at 94.35 per dollar as crude oil prices fell, influenced by political developments in the US midterm elections.

05 Nov 2026
• TL;DR

India invests $23 billion to build domestic semiconductor industry

India aims to establish a viable semiconductor industry, potentially becoming a key player in global supply chains and reducing Western dependence on China.

05 Nov 2026
• TL;DR

Sequoia Capital raises $10 billion and refocuses on fewer startups

Sequoia Capital has raised $10 billion and restructured its operations to focus on selective investments, discontinuing certain programs and simplifying its investment structure.

05 Nov 2026
• TL;DR

GoDaddy CEO Aman Bhutani won't read AI written documents

GoDaddy CEO Aman Bhutani insists on employees writing their own ideas, refusing to read documents he suspects are crafted by artificial intelligence.

05 Nov 2026
• TL;DR

Indian stocks likely to open higher as crude oil falls

Indian shares are poised for a positive opening on Thursday as crude oil prices hit a two-month low, following the Democrats' victory in the US midterm elections.

05 Nov 2026
• TL;DR

South Korea posts $61.5 billion current account surplus September 2026

South Korea achieved a record $61.5 billion current-account surplus in September, fueled by a surge in semiconductor exports amid rising global demand for AI technology.

05 Nov 2026
• TL;DR

Greg Brockman says OpenAI revenue shifts to enterprise sales

OpenAI President Greg Brockman announced that the company now derives most of its revenue from enterprise sales and anticipates being ready for an IPO by 2027.

05 Nov 2026
• TL;DR

Oil falls 4th day as Brent $93.65 and WTI $86.98

Oil prices have fallen for a fourth consecutive day, driven by expectations that the recent US Congressional elections may lower the risk of escalating conflict with Iran.

05 Nov 2026
• TL;DR

Ujani Solapur data center drops green hydrogen and SMR plans

Mass protests by farmers and fishermen have led to the removal of a green hydrogen plant and nuclear reactor from the Ujani data centre project, with a revised MoU forthcoming.

05 Nov 2026
• TL;DR

Apple cuts daily AI tool budgets for engineers and nonengineers

Apple has reduced daily AI spending limits for employees, aiming to control costs while still expanding AI use across its operations, according to Bloomberg News.

05 Nov 2026
• TL;DR

Arm Holdings shares drop after revenue forecast barely beats expectations

Arm Holdings' shares fell over 5% as its third-quarter revenue forecast of $1.54 billion barely surpassed analysts' estimates, disappointing AI-focused investors.

05 Nov 2026
• TL;DR

Democrats's midterm wins ease risks, dollar slips, markets rally

The dollar dipped following Democrat victories in the US midterm elections, reducing political uncertainty and boosting global equities and US Treasuries.

05 Nov 2026
• TL;DR

Indian government lowers IndiaAI mission minimum capacity requirement to 512

The government has relaxed GPU procurement terms to aid the IndiaAI Mission, while Lenskart's CEO discusses growth and profitability amid rising eyewear demand.

05 Nov 2026
• TL;DR

Indian banks readying for April 2027 ECL rules with RBI

With the expected credit loss (ECL) system set to debut in April 2027, Indian banks are proactively building provisions and buffers to mitigate potential financial impacts.

05 Nov 2026
• TL;DR

Apple forecasts lower 1st-quarter margins as memory chip prices surge

Apple's lean supply chain strategy, established under Tim Cook, is challenged by a severe 2026 memory shortage, leading to rising costs and increased inventory commitments.

05 Nov 2026
• TL;DR

Persistent Systems raises ₹7,600cr via bonds to buy Germany-based Nagarro

Persistent Systems secured ₹7,600 crore through non-convertible debentures to finalize its acquisition of Nagarro SE, with demand exceeding ₹15,000 crore from top investors.

05 Nov 2026
• TL;DR

Noida-based Ripik.ai in talks to raise 150cr from Gaja Capital

Noida-based startup Ripik.ai is in discussions to secure Rs 140-150 crore from Gaja Capital to enhance its AI-driven manufacturing monitoring systems.

05 Nov 2026
• TL;DR

Bank of England to raise rates to 4% amid inflation

The Bank of England is anticipated to raise interest rates from 3.75% to 4%, marking the first increase in over three years, amid rising inflation pressures.

05 Nov 2026
• TL;DR

Ficci urges LTCG exemption on listed stocks amid 3L/cr outflow

Ficci has urged the government to restore long-term capital gains tax exemption on listed securities while suggesting an increase in securities transaction tax to maintain revenue.

05 Nov 2026
• TL;DR

US stocks rally after Democrats's midterm win, Dow +1,569.40

U.S. stocks soared on Wednesday, with the Dow Jones Industrial Average climbing over 1,500 points following Democrats gaining control of Congress in the midterm elections.

05 Nov 2026
• TL;DR

Lockheed Martin to pay $29.5 million over diversity program discrimination claims

Lockheed Martin has agreed to pay $29.5 million to settle allegations by the Trump administration that its diversity initiatives discriminated against white employees.

05 Nov 2026
• TL;DR

Snapchat surpasses 30 million paid subscribers across premium tiers

Snap has reached over 30 million paid subscribers for its Snapchat+ service, marking a significant growth since February and highlighting the success of its premium offerings.

05 Nov 2026
• TL;DR

Figma posts strong Q3 revenue, doubles expected profit, shares slip

Figma shares fell 7% after surpassing Wall Street expectations, as the company focuses on long-term growth by integrating AI, impacting near-term revenue.

05 Nov 2026
• TL;DR

Snap Inc. shares fall after missing revenue and daily users

Snap shares dropped over 10% as the company reported third-quarter earnings that missed revenue and daily active user expectations, despite a 14% year-over-year sales increase.

05 Nov 2026
• TL;DR

McDonald's shares jump nearly 6% after Q3 profit beat

McDonald's shares increased by 6% after reporting better-than-expected earnings per share, despite a slight decline in U.S. same-store sales.

05 Nov 2026
• TL;DR

India proposes sustainable aviation fuel blending on international flights

India plans to implement a 1% sustainable aviation fuel blending requirement for international flights starting January, aiming to reduce carbon emissions in the aviation sector.

05 Nov 2026
• TL;DR

SBI leads IBA-backed banks' alliance to tackle AI cyber risks

Large commercial lenders, spearheaded by SBI and guided by the Indian Banks' Association, are collaborating to address rising AI-related cybersecurity risks in the banking sector.

05 Nov 2026
• TL;DR

Uber says 3rd-party AI handled 4 rides and 500 deliveries

Uber disclosed that only four rides were arranged by third-party AI agents in the third quarter of 2026, out of 320 million total transactions.

04 Nov 2026
• Google

Google extends buyout offers to staff in 5 more countries

Google has extended its voluntary employee buyout program to five new countries. The move comes as part of a cost-cutting strategy amid the company's heavy investments in artificial intelligence (AI).

04 Nov 2026
• Lenskart

Lenskart's Q2 profit more than doubles to ₹232.5cr

Lenskart, India's leading eyewear retailer, has reported a massive year-on-year (YoY) growth in its net profit for the September quarter.

04 Nov 2026
• Union Cabinet

Cabinet clears ₹14,500cr scheme for 92GWh energy storage

The Union Cabinet has approved a massive ₹14,500 crore funding scheme aimed at developing 92GWh of new grid-scale energy storage capacity across India.

04 Nov 2026
• Sensex

3,000 points in 3 days: What's driving the Sensex rally?

The Indian stock market has witnessed a massive turnaround in the last few sessions, with the Sensex surging by nearly 3,000 points.

04 Nov 2026
• OpenAI

AMD books $1B charge tied to OpenAI, Meta deals

Advanced Micro Devices (AMD) is witnessing a major impact on its profits due to its strategy of giving away stakes in its future success.

04 Nov 2026
• Indian Economy

India's services growth hits 4-month high

India's services sector, a key driver of the economy, has witnessed its fastest growth in four months.

04 Nov 2026
• Australia

Canva's biggest restructuring affects 22% of its workforce

Canva, one of Australia's most valuable tech start-ups, has announced a major restructuring plan that will see over 1,200 employees laid off or relocated.

04 Nov 2026
• Amul

Amul hikes butter, ghee prices ahead of Diwali

Amul has increased the prices of ghee and butter ahead of Diwali. The company has increased the cost of a 1kg carton of ghee by ₹50 to ₹680.

04 Nov 2026
• Tesla

How Indian investors allegedly lost ₹100cr in Stockal trading scam

Nearly 30 retail investors have reported unauthorized access to their Stockal accounts and liquidation of their US stock holdings.

03 Nov 2026
• Mukesh Ambani

Mukesh Ambani reclaims top spot among Asia's richest billionaires

Reliance Industries chairman and MD Mukesh Ambani has reclaimed the title of Asia's richest person, according to Forbes's Real-Time Billionaires list.

03 Nov 2026
• Stock Market

Foreign investors pump $2.3B into Indian stocks in 10 days

Foreign portfolio investors (FPIs) have invested $2.28 billion in Indian equities over the last 10 days.

03 Nov 2026
• Diwali

India's gold demand to hit 6-year low in 2026

India's gold demand is projected to hit a six-year low in 2026, driven by high prices and weakening rural demand, as per the World Gold Council (WGC).

03 Nov 2026
• Microsoft

Microsoft to raise $25B through bond sale

Microsoft has announced plans to raise $25 billion through a bond sale.

03 Nov 2026
• State Bank of India (SBI)

SBI Q2 profit rises 14% to ₹23,038 crore

State Bank of India (SBI), the country's largest lender, has reported a net profit of ₹23,038 crore for the second quarter of FY27.

03 Nov 2026
• National Stock Exchange

GIFT Nifty extends trading hours to 23.5 hours a day

The NSE International Exchange (NSEIX) has announced extended trading hours for the NSE IFSC Nifty 50 Index Futures, popularly known as GIFT Nifty.

03 Nov 2026
• Anthropic

Anthropic's Q3 $17B revenue comes with $567M loss

Anthropic, the AI firm behind Claude, has reported an operating loss of $567 million for the third quarter.

03 Nov 2026
• Walt Disney

Disney plans to lay off thousands: Report

Walt Disney is reportedly planning to lay off thousands of employees as part of a major restructuring effort.

03 Nov 2026
• Sensex

Sensex gains over 900 points: What's driving today's rally?

The benchmark equity indices, Sensex and Nifty, continued their winning streak on Tuesday.

03 Nov 2026
• Layoff News

Website builder Squarespace cuts 19% of workforce

Website-building platform Squarespace has announced a major downsizing, laying off 19% of its workforce.

03 Nov 2026
• National Stock Exchange

BLS Polymers shares list at 65% premium after 241x subscription

BLS Polymers Ltd. debuted on the bourses today, November 3, with a bang.

03 Nov 2026
• Apple

Apple revenue jumps 12% to record $114.5B in Q4

Apple has reported a record-breaking revenue of $114.48 billion for its fourth fiscal quarter of 2026, marking a 12% increase from the same period last year.

03 Nov 2026
• Layoff News

SUSE cuts 10% of jobs as AI reshapes software industry

SUSE, a leading open-source software company, has announced plans to lay off around 10% of its global workforce.

03 Nov 2026
• Oracle

Oracle plans $20B raise to fuel its AI push

Oracle has announced plans to raise $20 billion through the sale of new stock and bonds.

03 Nov 2026
• Google

Chipmaker Marvell buys optical tech firm Lumentum for $115B

Custom chip designer Marvell has announced its acquisition of optical chip and networking equipment maker Lumentum.

02 Nov 2026
• Mukesh Ambani

Ambani leads Forbes' billionaire gainers list with $6.3B wealth jump

Reliance Industries Chairman Mukesh Ambani has topped Forbes's billionaire gainers list, adding over $6 billion to his fortune in just one day.

02 Nov 2026
• Ireland

Ryanair considers freezing workers' pay amid rising fuel costs

Ireland-based low-cost airline Ryanair is mulling a temporary wage freeze for its employees and has confirmed that airfares will be "materially higher" next summer.

02 Nov 2026
• SpaceX

SpaceX considers buying Boost Mobile to enter US wireless market

SpaceX is reportedly in talks with EchoStar's wireless service, Boost Mobile.

02 Nov 2026
• Airbus

IndiGo warns of higher airfares as jet fuel costs soar

IndiGo's CEO, Willie Walsh, has warned that rising operational costs could lead to an increase in airfares.

EPFO lets members check PF balance on WhatsApp

The Employees' Provident Fund Organisation (EPFO) has launched two new initiatives to simplify its services.

02 Nov 2026
• Reliance Industries

Reliance Industries's m-cap crosses ₹17L crore after shares surge 8%

Reliance Industries Limited (RIL) has witnessed a massive spike in its market capitalization, which crossed ₹17 lakh crore on Monday.

IPO-bound Anthropic eyes $3.5B funding from Japanese investors

Anthropic, a leading artificial intelligence (AI) start-up, is gearing up for an initial public offering (IPO) in the US.

02 Nov 2026
• Diwali

Diwali shopping gets costlier as prices rise across categories

Diwali shopping has become more expensive this year, with prices of appliances rising by 3-7%, traditional sweets by 15%, and pistachios nearly doubling from last year.

02 Nov 2026
• Canada

India's manufacturing growth slows as PMI falls to 54.7

India's manufacturing sector witnessed a slowdown in October, with the HSBC India Manufacturing Purchasing Managers's Index (PMI) dipping to 54.7 from September's 55.1.

ED files money laundering case against Subhash Chandra

The Enforcement Directorate (ED) has filed a money laundering case against media mogul Subhash Chandra.

02 Nov 2026
• China

How China's new curbs put India's infrastructure projects at risk

China's recent export restrictions on tunnel-boring machines and critical components could pose a threat to India's metro, bullet train, and Himalayan infrastructure projects.

SEBI backs removal of LTCG tax for foreign investors

The Securities and Exchange Board of India (SEBI) has recommended the government scrap the long-term capital gains (LTCG) tax on foreign investors.

Digital lender Fibe makes UPI debut

Digital lending platform Fibe has expanded its financial services portfolio by launching Unified Payments Interface (UPI) services on its app.

02 Nov 2026
• Swiggy

JioHotstar launches ads that let viewers shop while streaming content

JioHotstar has launched a new advertising format, StreamToCart Ads, to revolutionize digital marketing.

02 Nov 2026
• South Korea

South Korea unveils record budget focusing on AI and chips

South Korea has announced its largest-ever budget for 2027, with a major focus on artificial intelligence (AI) and semiconductors.

02 Nov 2026
• Startup Funding

Start-up funding in India falls 61% year-on-year in October

Indian start-ups raised $678 million in October, marking a significant 47.5% decline from the previous month. The drop is largely attributed to the absence of major funding rounds during this period.

02 Nov 2026
• GST

New GST rules kick in: What changes for businesses?

The Goods and Services Tax (GST) regime in India has undergone some major changes from November 1.

02 Nov 2026
• Vietnam

Tesla, Samsung oppose Trump's new tariffs on Vietnam

Tesla and Samsung have opposed the imposition of new tariffs on Vietnamese goods by the US.

02 Nov 2026
• Bitcoin

Binance's net-outflows reach $3.6B as withdrawals resume after $6.3B hack

Binance, one of the world's largest cryptocurrency exchanges, has announced a phased resumption of its withdrawal services.

02 Nov 2026
• Inflation

Gold crashes to 1-year low: Is it time to buy?

October 2026 proved to be a tough month for precious metals like gold, silver, and platinum.

02 Nov 2026
• IDBI Bank

IDBI Bank strike begins today: What customers need to know

IDBI Bank has issued a customer advisory ahead of a two-day bank strike starting today.

02 Nov 2026
• Reliance Industries

RIL shares jump 6% as company reports record quarterly performance

Shares of Reliance Industries Limited (RIL) jumped 6% to ₹1,238.70 today, following the company's strongest-ever quarterly performance.

02 Nov 2026
• Sensex

Sensex jumps 1,000 points: What's behind today's rally?

India's stock market indices, the Sensex and Nifty, opened on a high note today. The surge comes as oil prices retreated from a six-month high amid ongoing talks to end the US-Iran war.

02 Nov 2026
• Ministry of Civil Aviation

New airfare rules make cancellation charges, refund terms upfront

The Indian government has introduced a new set of aviation rules, mandating airlines to clearly display cancellation charges and refund conditions.

SEBI plans to remove inactive companies from stock market listings

The Securities and Exchange Board of India (SEBI) is planning to delist companies that have no economic activity from stock exchanges.

01 Nov 2026
• Sachin Bansal

Prosus gets regulator nod to acquire stake in Navi

The Competition Commission of India (CCI) has approved Dutch investment group Prosus's proposal to acquire a stake in Navi Ltd.

01 Nov 2026
• Punjab National Bank

Footage shows how PNB employee stole crores from customer accounts

A Punjab National Bank (PNB) office assistant, Deepanshi Sharma, has been accused of embezzling money from customers at the bank's Sector Pi-1 branch in Greater Noida.

01 Nov 2026
• Indian Government

Indian government can intervene in airline tariffs under new rules

The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.