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Elice IPO shares plunge 33% then rebound 30% to ₩79,900
Elice shares surged 30% on October 21, recovering from a 32% drop during their Kosdaq debut, providing relief to retail investors after a heavily oversubscribed IPO.
Jio Platforms IPO pulls ₹90,500cr bids for ₹30,230cr issue
Jio Platforms Ltd's IPO attracted bids worth Rs 90,500 crore on its first day, setting a new record for the highest bid value among India's mega public issues.
Rupee climbs 48 paise to 94.43 on Jio Platforms IPO
The rupee surged to a six-week high of 94.43 against the U.S. dollar, driven by foreign inflows from Jio Platforms' IPO and strategic RBI interventions to manage dollar demand.
Zerodha Fund House launches BSE Top 10 Banks ETF
Zerodha Fund House has introduced the BSE Top 10 Banks ETF, offering investors exposure to India's largest banks with a minimum investment of Rs 1,000.
Nithin Kamath warns after ED froze ₹200cr in alleged pump-and-dump
Zerodha co-founder Nithin Kamath cautions investors against pump-and-dump schemes circulating on messaging platforms and advises using AI tools like ChatGPT for verification.
Bank of Japan weighs rate rise as inflation approaches 2%
Japan's inflation is nearing the Bank of Japan's 2% target, prompting Deputy Governor Ryozo Himino to suggest potential further interest rate hikes to manage economic growth.
Nielsen Bengaluru hub uses AI to unify India's media measurement
India's media consumption is highly fragmented, with audiences spread across television, streaming services, and digital devices, according to Nielsen Holdings.
Mortgage rates tick lower to 7.41% while applications drop 5.3%
Mortgage rates decreased for the first time in over two months, yet total mortgage application volume fell 5.3% last week, indicating continued weak demand despite lower rates.
TCS and Wipro pivot to midsize clients amid AI automation
Tata Consultancy Services and Wipro are targeting mid-sized clients as AI reduces demand from Fortune 500 customers, prompting a competitive landscape with mid-tier IT firms.
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.
Nifty surges over 500 points in Wednesday cas, settles 22,811
Nifty experienced a dramatic 500-point surge during the closing auction session, ultimately closing higher than its pre-CAS level despite market volatility and investor caution.
Qubic restores service after $1.4 million seed exploit, users can claim
Qubic has resumed its blockchain operations and initiated a recovery process after a vulnerability led to the theft of $1.4 million in QU tokens, with claims open until May 2027.
Gujarat's Gamp Services files IPO with SEBI for 46.93L shares
Gamp Services, a compliance and validation firm from Gujarat, has filed draft papers with SEBI to raise funds through an IPO of 46.93 lakh shares.
IMF says India should let rupee float amid oil shock
The IMF recommends India allow the rupee's exchange rate to fluctuate as a primary defense against the ongoing oil shock, emphasizing its role as a shock absorber.
US deficit hits record $2 trillion amid $1.052T interest payments
Interest payments on America's $40 trillion debt now exceed the defense budget, contributing significantly to a $2 trillion federal deficit for the 2026 fiscal year.
Rupee up 0.5% at 94.46 on Jio inflows, oil spike
The Indian rupee rose 0.5% to 94.46 per dollar, bolstered by Jio Platforms' IPO inflows, while elevated oil prices prompted caution among traders.
Markets mixed as Nifty closes above 22,800 and Sensex slips
The Nifty closed above 22,800 due to late buying in IT stocks, while the Sensex fell by 143 points amid sectoral declines and profit booking.
Piyush Goyal launches outreach to help MSMEs, farmers use FTAs
India is organizing state-level initiatives to help MSMEs, farmers, and other sectors leverage free trade agreements and explore new export markets.
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.
Russia ships 40,000-ton diesel to US since export ban lifted
Russia will send its first diesel tanker to the United States on Thursday, following a deal between Russian Deputy Prime Minister Alexander Novak and US President Donald Trump.
Nifty IT index jumps 2.21% as Wipro gains 3.30%
India's Nifty IT index rose 2.21% to 32,211.35, driven by gains in major IT stocks like Wipro and Infosys, despite a broader market downturn on Wednesday.
Sanofi gets India approval for Qfitlia in people 12+
Sanofi Healthcare has received CDSCO approval for Qfitlia, a therapy designed to prevent bleeding in haemophilia patients aged 12 and older, requiring only six injections annually.
Flipkart promotes Renuka Singaram to SVP in leadership shuffle
Flipkart has elevated Renuka Singaram to Senior Vice President as the company intensifies its focus on expanding its quick commerce business, Minutes.
Mygate merges with Adonmo in all stock deal worth ₹3,500cr
Mygate and Eternal-backed Adonmo are merging in an all-stock deal, creating a combined entity valued at Rs 3,500 crore with Rs 500 crore in annual revenues.
Half of India's new credit card users are Gen Z
Half of India's new credit card users are under 30, driven by existing borrowing experience and increased access in semi-urban and rural areas.
European stocks stall on Wednesday as French unrest mutes gains
European shares remained flat as unrest in France raised concerns over fiscal health, while positive corporate earnings offered limited support amid broader economic uncertainties.
Adani Green Energy posts 16% Q2 FY27 profit ₹747 cr
Adani Green Energy reported a 16% year-on-year increase in consolidated profit after tax to ₹747 crore in Q2 FY27, driven by a 45% rise in power supply revenue.
Nikhil Kamath: Demand outstrips supply for Jio Platforms ₹30,213cr IPO
Nikhil Kamath, co-founder of Zerodha and True Beacon, is optimistic about Jio Platforms' Rs 30,213-crore IPO, highlighting strong investor demand in a challenging market.
Bitcoin at $83,000 as Strive increases holdings amid institutional interest
Bitcoin is trading at $83,000 amid renewed institutional interest, with Strive increasing its holdings by 1,223 BTC as market sentiment shows signs of recovery.
Japan gains ¥195 trillion fiscal windfall as inflation erodes debt
Japan has gained an estimated ¥195 trillion in fiscal room as inflation reduces the real value of government debt, according to former Bank of Japan official Tsutomu Watanabe.
BBC announces £500 million cuts, up to 2,000 jobs at risk
The BBC plans to close two TV channels and a radio channel, aiming to save £500 million over two years, potentially cutting up to 2,000 jobs.
SCHOTT Poonawalla invites banks for $400 million IPO in India
SCHOTT Poonawalla, supported by SCHOTT Pharma and TPG Growth, has started preliminary steps for a $400 million domestic IPO, according to sources familiar with the matter.
Super Micro Computer stock jumps on stronger AI revenue outlook
Super Micro Computer's stock surged nearly 13% following a revenue forecast that exceeded analyst expectations, highlighting strong demand in the AI data center market.
Deven Choksey recommends Paras Healthcare ₹14,500Mn IPO priced ₹660-₹693
Deven Choksey recommends subscribing to Paras Healthcare Ltd's IPO, highlighting its profitability in FY26 and potential for listing gains despite valuation risks.
ICICI Securities gives Bajaj Finance buy with ₹1,250 target
ICICI Securities recommends a buy rating for Bajaj Finance, citing strong business momentum and improved asset quality, with a target price set at Rs 1250.
Nucelion and VeGen partner to produce VL-2511 CAR-T in India
Nucelion Therapeutics and VeGen Bio have teamed up to manufacture and commercialize CAR-T cell therapies in India, focusing on innovative dual-target treatments.
PC Jeweller hits 52-week high ₹19.13, market cap rises 974cr
PC Jeweller shares soared 6% to a new 52-week high of Rs 19.13, marking a remarkable over 100% rally in 2026 after achieving debt-free status.
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.
Jio Platforms IPO draws interest from BlackRock, Fidelity, 4.86x subscription
Global investment heavyweights like BlackRock, GIC, and Fidelity are backing Jio Platforms' Rs 30,213-crore IPO, highlighting significant international interest in the offering.
eMudhra shares crash 20% after security flaw hits TLS certificates
Shares of Bengaluru-based eMudhra Ltd plummeted by 20% on Wednesday.
Zydus Lifesciences receives FDA approval for estradiol and levonorgestrel patch
Zydus Lifesciences has received final approval from the USFDA to market a generic transdermal system for treating menopause symptoms and preventing postmenopausal osteoporosis.
eMudhra shares fell 20% after certificate flaws led to blocks
Shares of eMudhra fell 20% after researchers identified weak private keys in its digital certificates, prompting major tech companies to block the compromised certificates.
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.
SAT to rule on Jane Street document request to SEBI
The Securities Appellate Tribunal has reserved its order on Jane Street's request for additional documents from SEBI to respond to a July 2025 interim order.
McKinsey: AI infrastructure investments could reach $7 trillion by 2030
AI infrastructure investments are projected to reach $7 trillion by 2030, necessitating $760 billion in annual profits to justify this expenditure, according to McKinsey & Company.
HDFC Bank probes 2 senior executives over alleged strategy leaks
HDFC Bank is investigating two senior executives for allegedly leaking confidential business strategies, with the ongoing probe potentially leading to disciplinary actions.
Carlsberg readies $700 million IPO in India, filing expected this week
Carlsberg A/S is preparing to publicly file for a $700 million initial public offering of its India business, with investor roadshows expected to begin next week.
Nifty slips 0.66%, Sensex falls, 322 stocks hit 1-year lows
Markets opened strong but quickly reversed on Wednesday, with the Nifty falling 0.66% and a staggering 322 BSE stocks hitting fresh 52-week lows.
Over 100 Japanese firms expand GCCs in India driving innovation
Over 100 Japanese companies are expanding their Global Capability Centres in India, focusing on AI, engineering, and innovation to support global business transformation.
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.
Jio IPO 100-min full subscription lifts Reliance shares nearly 2%
Reliance Industries shares rose nearly 2% after Jio Platforms' Rs 30,213-crore IPO was fully subscribed within 100 minutes, setting a record for the fastest full subscription.
E2E Networks down 5% to ₹627.15 amid AI funding worries
E2E Networks shares hit the lower circuit for the second consecutive session, while Black Box and Netweb Technologies also faced declines amid global AI stock selloff concerns.
Motilal Oswal recommends UltraTech Cement buy with ₹13,220 target
Motilal Oswal has issued a buy rating for UltraTech Cement, setting a target price of Rs 13,220, following strong earnings and positive medium-term demand outlook.
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.
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.
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.
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.
Jio Platforms IPO opens amid 25% GMP and 3.68x bids
Jio Platforms' IPO has attracted strong institutional demand and a 25% grey market premium, fueling hopes for a blockbuster listing after previous mega-IPOs struggled.
UK borrowed £24.5 billion in September, challenging John Healey's budget
The UK's budget deficit reached £24.5bn last month, driven by rising inflation and increased debt interest, as Chancellor John Healey prepares for his first budget next Wednesday.
Rising euro zone government yields squeeze banks, revive debt fears
Rising euro zone government borrowing costs have rekindled fears of a banking crisis, despite stronger capital buffers and regulatory safeguards aimed at mitigating risks.
HDFC Bank shares drop to ₹707.60 despite 4.7% profit rise
HDFC Bank shares fell 0.62% to ₹707.60, extending losses as investors booked profits despite a 4.7% rise in Q2 FY27 profit after tax.
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.
Samsung, SK Hynix upgrade China plants to meet AI demand
Samsung and SK Hynix are enhancing their Chinese factories to produce advanced memory chips, aiming to counter competition from Chinese rivals and meet growing AI demand.
Getty Images files bankruptcy to privatize with up to $533 million
Getty Images Holdings Inc. has initiated a prepackaged bankruptcy, securing a restructuring agreement to inject fresh capital and transition the company into private ownership.
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.
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.
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.
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.
Vodafone Idea to launch voice-only plans by October 30, 2026
Vodafone Idea plans to introduce new voice-only plans by the end of October 2026, aligning with regulatory directives to offer affordable options for low-income users.
Rupee up 29 paise to 94.62/USD after Jio Platforms IPO
The Indian rupee appreciated 29 paise to 94.62 against the US dollar, bolstered by inflows from the Jio Platforms IPO and intervention by the Reserve Bank of India.
Goldman Sachs sees $50B-$100B gain in India's listed AI market
Goldman Sachs reports that Indian AI companies' IPOs could increase the country's listed AI market capitalization by up to $100 billion over the next two to five years.
Jio Platforms ₹30,213 cr IPO fully subscribed in 35 minutes
Jio Platforms Ltd’s Rs 30,213-crore IPO was fully subscribed within 35 minutes, surpassing previous major offerings like Bajaj Housing Finance and Hyundai Motor India in speed.
Netflix logs biggest-ever India subscriber jump Q3 with Flipkart bundle
Netflix achieved its largest quarter of paid net additions in India during Q3, driven by successful content like "Lock Upp" and strategic partnerships with companies like Flipkart.
Larsen and Toubro wins up to 5000cr Delhi-Amaravati contracts
Larsen & Toubro (L&T) has won significant orders ranging from ₹2,500 crore to ₹5,000 crore for projects in New Delhi and Amaravati, enhancing its infrastructure portfolio.
AI firm Moonshot expands into Singapore hiring sales tech consultants
Chinese AI startup Moonshot is entering the Singapore market, as indicated by a new sales role on LinkedIn. The company seeks candidates with diverse experience to drive growth.
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.
India H1 FY27 IPOs led by B2B and enabling sectors
India's IPO market is diversifying, with 82% of recent mainboard IPOs in FY27 originating from B2B and emerging sectors, reflecting a shift away from consumer-facing companies.
Flipkart logs highest daily users during Big Billion Days kickoff
India's 2026 festive ecommerce season has begun robustly, with Flipkart's daily active users reaching a new high during its Big Billion Days sale, according to a BofA report.
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.
Yuan hits 4 year high on exports and weak dollar
China's onshore yuan reached a four-year high against the US dollar, driven by strong export performance and a weaker dollar, gaining 4.7% so far in 2026.
Sensex down 600 points and Nifty dips below 22,950
Sensex fell 600 points from the day's high, while Nifty slipped below 22,950 due to profit booking, elevated crude prices, and technical resistance at key levels.
Southeast Asia digital economy $368B as AI lifts online spending
Artificial intelligence is driving Southeast Asia's digital economy, with online spending projected to rise 17% this year, reaching $368 billion, despite economic challenges.
Indian markets rally as Sensex jumps and Nifty crosses 23,000
Sensex rose 514 points while Nifty reclaimed 23,000 on October 21, driven by strong buying in IT shares and a rise in Reliance Industries stock.
Sensex jumps 821.42 points after Dussehra on IT and Jio
The Sensex surged over 800 points as IT stocks led gains, Reliance Industries rose with Jio Platforms' IPO, and investors bought large-cap stocks after recent declines.
TSMC building Japan 3-nanometer chip factory estimated over $23 billion
TSMC plans to produce advanced 3nm semiconductors at its second Japan factory, with total investment expected to exceed USD 23 billion.
India's office stock rises 7% to 917.7 million square feet
India's occupied office stock across eight major markets has risen 7% year-on-year to 917.7 million sq ft, with Bengaluru leading and Hyderabad showing the fastest growth.
UBS: Big Tech spending over $1 trillion for AI infrastructure
Major technology companies are projected to invest over USD 1 trillion in AI infrastructure by 2027, significantly boosting US economic growth, according to a UBS report.
Sensex up 550 as Trump, Rubio hint India-US trade deal
Sensex surged over 500 points as optimism grew around a potential India-US trade deal, while Nifty gained 150 points amid positive global cues and stable oil prices.
Indian rupee ₹94.79 opens amid expected Jio Platforms IPO cash
The rupee strengthened by 14 paise to 94.79 against the dollar, supported by expected inflows from Jio Platforms' IPO and a softer dollar index.
Sensex gains 528 points, Nifty tops 23,000 on IT
The Sensex surged 528 points to 74,381.08, while the Nifty rose 0.63% to surpass the 23,000 mark, driven by gains in IT and banking stocks.
Sensex up 400 points, Nifty above 23,000, Infosys jumps 2%
Sensex opened 400 points higher, while Nifty surpassed the 23,000 mark. Infosys shares saw a 2% increase as private banks declined post-Q2 results.
India posts $863.1bn exports in FY26 with Q4 $7.1bn surplus
India's exports reached a record $863 billion in FY26, driven by a strong services sector, reducing the current-account deficit to 0.6% of GDP and aiming for a durable surplus.
NDB Wealth says gold could reach $4,200-$5,000 within 2 years
Gold prices may remain elevated between $4,200 and $5,000 per ounce over the next 12-24 months due to strong central bank purchases and robust Asian investor demand.
Indian rupee at ₹94.78 after 8-day rally amid Jio inflows
The Indian rupee opened higher at 94.78 per dollar, marking its eighth consecutive day of gains, supported by Jio Platforms IPO inflows and Reserve Bank of India's backing.
Indian markets likely higher amid Jio Platforms IPO subscription buzz
Indian shares are set to open higher as GIFT Nifty futures indicate gains, with the Jio Platforms IPO subscription starting today.
US blacklists Shanghai Zhisuan Technology over Google trade secrets theft
The US has blacklisted a Chinese venture capital firm founded by ex-Microsoft scientist Lu Qi, penalising it for financing a startup linked to stolen Google AI secrets.
Jio Platforms opens IPO today seeking ₹30,213cr India's largest issue
Jio Platforms' IPO, India's largest-ever, opens today aiming to raise Rs 30,213 crore. Analysts are optimistic about its market leadership and growth potential.
Fatih Birol says oil prices may remain volatile through 2027
The International Energy Agency's head, Fatih Birol, foresees continued disruption in the oil market into 2027 due to ongoing conflicts in West Asia impacting supply and prices.
Spot gold slips to $4,118.64 as Fed meeting looms
Gold prices edged lower as investors focused on the Federal Reserve's upcoming interest rate decision, with expectations for rates to remain unchanged this month.
South Korea working-day adjusted exports jump 65.9% on AI chips
South Korea's exports soared in early October, driven by robust global demand for AI chips, as the nation braces for the central bank's upcoming interest rate decision.
Sun Pharma set to buy Organon for $11.75bn, raise ₹10,000cr
Sun Pharmaceutical Industries plans to raise ₹10,000 crore through rupee-denominated bonds to refinance bridge loans for its $11.75 billion acquisition of Organon.
Japan exports climb 16.7% in September on AI chips, cars
Japan's exports rose 16.7% in September, driven by strong demand for semiconductors and cars, while imports increased 18.9%, resulting in a ¥536 billion trade deficit.
US seeks to double trade with India to over $500bn
The United States plans to double its bilateral trade with India to over $500 billion within three years, following a record $240 billion, according to Ambassador Sergio Gor.
Asian stocks rise on AI optimism as Kospi rebounds 1.9%
Asian shares and US equity-index futures rose as strong earnings from AI beneficiaries boosted tech trade optimism, with the MSCI Asia Pacific Index climbing 0.6%.
European gas prices fall after near €90 peak amid profit-taking
European natural gas prices fell sharply after reaching €90, a four-year high, as traders took profits amid ongoing geopolitical tensions and low regional inventories.
Simplismart seeks $40 million-$50 million funding as valuation may hit $300 million-$400 million
Simplismart, an AI infrastructure startup, is negotiating to raise $40-50 million, potentially tripling its valuation to $300-400 million.
ESDS Software lists, eyes $5B by 2031 from GPU rentals
Nashik-based ESDS Software Solution aims for $5 billion in revenue within five years by renting high-performance chips crucial for AI, following a successful public listing.
Indian IT firms scout US, UK, Europe AI, analytics targets
Indian IT firms are actively seeking acquisitions of companies with $20 million to $60 million in annual revenue in the US and Europe to enhance their AI capabilities.
Netflix shares fall 7% in after-hours trading, forecasts 11% growth
Netflix shares plummeted 7% in extended trading after the company warned of a continued slowdown in revenue growth, disappointing investors with its fourth-quarter guidance.
SpaceX and Tesla boards set merger committees, Elon Musk recuses
SpaceX and Tesla have established special committees of independent directors to explore a potential merger, initiated at the request of shareholders, according to CEO Elon Musk.
Silicon Valley investment scam exposed, investors lose more than $500 million
Investors lost over $500 million to scammers in Silicon Valley, who used fake projections and false bank statements to exploit the AI gold rush, federal prosecutors revealed.
India private equity and venture capital near $39B in 2026
India's private equity and venture capital investments are set to surpass last year's $39 billion, driven by strong interest in infrastructure and domestic manufacturing sectors.
Trump unveils $25 million whistleblower program, says he will intervene
US President Donald Trump announced a $25 million initiative offering up to $30,000 for tips leading to fraud convictions involving federal programs.
CFTC launches 1st Frontier Forum to examine AI's market impact
The U.S. Commodity Futures Trading Commission will host its first "Frontier Forum" on October 28, focusing on AI's impact on derivatives markets and agentic finance.
SpaceX reports 161% Q3 revenue boost, $4.4B net income
SpaceX reported a 161% increase in third-quarter revenue, surpassing analyst expectations, driven by growth in its Starlink satellite-internet and expanding AI business operations.
WTI and Brent fall on optimism over US Iran progress
Crude oil prices dropped as traders anticipated diplomatic progress between the U.S. and Iran, despite recent escalations in tanker attacks and strikes on Saudi Arabia.
Tiger TV and Brew TV enter crowded Indian OTT market
India's OTT market is expanding with new platforms like Tiger TV and Brew TV, but converting viewers into sustainable revenue remains a significant challenge.
FAA approves Boeing 737 MAX 10 after engineering tweaks
The FAA has approved Boeing's 737 Max 10, the largest model in its aircraft family, after years of delays due to safety reviews and engineering changes.
SP Group seeks ₹25,000 cr buyback of Tata Sons shares
The Shapoorji Pallonji Group is urging Tata Sons to prioritize a proposal for a Rs 25,000 crore share buyback to address its urgent need for funds to repay debt.
Eric Schmidt reportedly owns about 1% of Anthropic since 2021
Eric Schmidt reportedly owns about 1% of Anthropic, which is approximately half the stake held by CEO Dario Amodei, who owns 2%.
CBDT mandates Form 173A for government securities tax exemptions
The Central Board of Direct Taxes now requires taxpayers to disclose detailed information on government securities to claim exemptions, enhancing transparency and compliance.
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.
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.
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).
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
Global freight rates soar 130% since February
Global container freight rates have skyrocketed by a staggering 130% since February 2026, largely due to the ongoing tensions in the Middle East.
Jio Platforms, Paras Healthcare IPOs lead market activity this week
The primary market this week will be dominated by the highly anticipated ₹30,188 crore initial public offering (IPO) of Jio Platforms.
Jio IPO draws record ₹2.5 lakh crore anchor demand
Jio Platforms' initial public offering (IPO) has witnessed an unprecedented institutional demand of around ₹2.5 lakh crore.
Musk to give every US child a SpaceX share
Elon Musk has announced his plan to give a share of SpaceX stock to every child in the United States in 2027.
Indian investors lose nearly ₹5L crore in stock market crash
The Indian stock market witnessed a major downturn today, with the Sensex crashing by over 900 points and the Nifty falling by nearly 300 points.
Ixigo shares soar 13% after reporting all-time high quarterly profit
Ixigo, a leading travel booking platform, has witnessed a massive spike in its stock value after reporting an all-time high quarterly profit for Q2.
Amazon may cut 5,000 US contract jobs, close 15 warehouses
Amazon is planning to lay off up to 5,000 workers in the US, The New York Post reported.
India-New Zealand trade deal kicks in October 20
The India-New Zealand Free Trade Agreement (FTA) will come into effect on October 20. The trade pact seeks to boost bilateral commerce, investment, and economic ties between the two nations.
PhonePe rebrands Share.Market as PhonePe Invest
PhonePe, India's leading payments company, has rebranded its stockbroking platform Share.Market as PhonePe Invest.
Indian stock market to remain closed tomorrow for Dussehra
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed tomorrow in observance of Dussehra or Vijayadashami.
Why Hyderabad has become preferred destination for GCCs in India
Hyderabad is quickly becoming a preferred destination for Global Capability Centers (GCCs), with 45% of the new Indian GCCs setting up shop in the city.
India's sugar stocks down 6% today: What's the reason?
Shares of sugar firms fell up to 6% today after the Indian government ordered oil marketing companies to stop diverting sugar for ethanol production.
US very close to finalizing India trade deal: Marco Rubio
US Secretary of State Marco Rubio has said that the United States is very close to finalizing a trade deal with India.
Urban Company's shares fall over 7%
Urban Company's shares fell by over 7.5% today, making it the worst performer in the Nifty 500 index.
'Google now kisses my a##': Trump
US President Donald Trump made a bold claim during a rally in Highland Heights, Kentucky.
Disney to hire majority of bankrupt chatbot start-up Character.AI's employees
Disney has agreed to hire the majority of employees from Character.AI, a chatbot start-up that recently filed for bankruptcy.
China's economy grows 4.5%, beating expectations
China's economy grew by 4.5% year-on-year in the third quarter, surpassing market expectations of 4.4%.
Sensex slips over 300 points: What's behind today's decline?
The Indian stock market opened on a negative note today, with the BSE Sensex and NSE Nifty both trading lower.
Oil prices fall to $108 after hitting 5-month high
Oil prices fell slightly on Monday, after hitting a five-month high.
Weak rupee to delay India's $5T goal to 2029: IMF
India's ambition of becoming a $5-trillion economy has been pushed back by a year, owing to the depreciation of its currency.
Samsung, SK Hynix fall over 4% as DeepSeek spooks markets
South Korean stocks have resumed their downward trend, with the benchmark Kospi index falling as much as 3.2%.
Excess liquidity, easy exits hurting India's equity market: Nirmala Sitharaman
India's Finance Minister Nirmala Sitharaman has attributed the underperformance of the country's equity market to excess liquidity and easy exits.
Anthropic puts 5% of its shares into public benefit fund
Anthropic, a leading artificial intelligence (AI) company, will allocate 5% of its shares to a new public benefit fund.