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Business News

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

06 Nov 2026
• TL;DR

IAG posts over 12% quarterly profit fall despite rising revenue

IAG, owner of British Airways, reported a 12% drop in third-quarter net profit due to soaring fuel costs and flight disruptions linked to the Middle East conflict.

06 Nov 2026
• TL;DR

Bharti Airtel overtakes Jio Platforms as India's 2nd-most valuable company

Bharti Airtel has overtaken Jio Platforms to become India's second-most valuable listed company, with a market capitalisation of Rs 13.15 lakh crore.

06 Nov 2026
• TL;DR

Bayer to invest ₹200cr in manufacturing plant near Bengaluru

Bayer Science and Innovation will invest ₹200 crore to establish a manufacturing facility near Bengaluru, following an MoU signed with the Karnataka government.

06 Nov 2026
• TL;DR

CBI books Kishore Biyani, Future Retail over alleged ₹904.32cr fraud

The Central Bureau of Investigation has filed a case against Kishore Biyani and Future Retail Ltd for allegedly defrauding banks of Rs 904.32 crore, following a complaint by SBI.

06 Nov 2026
• TL;DR

Airtel restores ₹299 plan to win back users

Airtel has reinstated its Rs 299 prepaid plan following a significant slowdown in mobile subscriber additions and increased customer churn during the September quarter.

06 Nov 2026
• TL;DR

Muhurat trading 2026: BSE and NSE mark Hindu financial year

Muhurat Trading is a special one-hour stock market session on Diwali, blending traditional customs with modern practices to mark the auspicious start of the Hindu financial year.

06 Nov 2026
• TL;DR

Ai+ raises Indian phone prices up to ₹3,000 November 11

Ai+ Smartphone plans to raise its smartphone prices by up to ₹3,000 starting November 11, citing higher memory and component costs.

06 Nov 2026
• TL;DR

Indian rupee closes 93.91 per US dollar after inflows

The Indian rupee surged 56 paise to close at 93.91 against the US dollar, driven by foreign portfolio inflows and falling crude prices.

06 Nov 2026
• TL;DR

India's Sensex leaps 1,718 points to 81,028.02 amid Asian weakness

The BSE Sensex surged 1,718 points to surpass the 81,000 mark due to falling crude oil prices and strong foreign investor inflows.

06 Nov 2026
• TL;DR

flyadeal started Jeddah Lucknow flights on November 4, 2026

Flyadeal has introduced direct flights from Jeddah to Lucknow, starting November 4, 2026, operating thrice weekly to enhance connectivity between Saudi Arabia and India.

06 Nov 2026
• TL;DR

Indian rupee rises 52 paise to 93.89 per US dollar

The rupee surged 52 paise to close at 93.89 against the US dollar, supported by strong domestic markets and concerns over a slowdown in AI spending.

06 Nov 2026
• TL;DR

India's top companies best quarter in 3 years, profits 25%

India Inc reported a robust 25% rise in net profit for the July-September quarter, marking the highest growth in 12 quarters, driven by cyclical sectors like metals and oil & gas.

06 Nov 2026
• TL;DR

MobiKwik subsidiary MFSPL receives RBI registration to operate NBFC

MobiKwik's subsidiary, MFSPL, has obtained RBI approval to operate as an NBFC and plans to launch operations within three to six months using a co-lending model.

06 Nov 2026
• TL;DR

Bombay High Court to hear Tata Sons listing, governance

The Bombay High Court will hear a petition on December 2 seeking the listing of Tata Sons' shares and changes to the governance of Tata Trusts.

06 Nov 2026
• TL;DR

SEBI plans 2-year dormancy for demat and trading accounts

SEBI, along with depositories and stockbrokers, is considering a uniform two-year dormancy period for demat accounts to prevent misuse and enhance cybersecurity measures.

06 Nov 2026
• TL;DR

Elon Musk accuses SoftBank of unpaid turbine orders, cites $10B

Elon Musk has publicly accused Japan's SoftBank of defaulting on turbine orders, amid tensions with Sam Altman, a major player in the Stargate project.

06 Nov 2026
• TL;DR

Bitcoin rebounds above $76,000 after over $430 million spot ETF outflows

Bitcoin rebounded to $76,000 on Friday after a tech-driven market rout led to $430 million in outflows from U.S.-listed spot bitcoin ETFs.

06 Nov 2026
• TL;DR

LIC says it already meets most IRDAI agent commission caps

LIC CEO R. Doraiswamy states that the insurer anticipates minimal impact from IRDAI's proposed commission caps, as it already operates within many of the suggested limits.

06 Nov 2026
• TL;DR

Prabhudas Lilladher gives Fractal Analytics a buy call, ₹1,060 target

Prabhudas Lilladher recommends buying Fractal Analytics, setting a target price of Rs 1060, following a steady Q2FY27 performance and strong growth in key sectors.

06 Nov 2026
• TL;DR

Nifty closes above 23,800 amid biggest gains in 6 years

The Nifty surged past the 23,800 mark for the first time since March 2, with a weekly gain of over 6%, while the rupee hit a six-month high against the dollar.

06 Nov 2026
• TL;DR

MakeMyTrip acquires majority stake in Quick Ride, promoters retain leadership

MakeMyTrip has acquired a majority stake in Quick Ride, enhancing its presence in the shared mobility sector and complementing its existing ground transportation services.

06 Nov 2026
• TL;DR

Airtel buys ₹2,900cr land for 400-500MW data center toward 1GW

Bharti Airtel has acquired land capable of supporting a 400-500 MW data centre, advancing its goal to build a 1 GW data centre business in the coming years.

06 Nov 2026
• TL;DR

India smartphone shipments fall 23% amid memory shortages, pricier components

India's smartphone shipments fell by 23% in Q3 2026, with further declines expected as memory shortages and rising component costs continue to impact the market, according to SAG.

06 Nov 2026
• TL;DR

TRAI proposes satellite network leasing license for Indian telecom operators

The Telecom Regulatory Authority of India (TRAI) has proposed a new licence allowing satellite companies to build and rent communication networks to telecom operators in India.

06 Nov 2026
• TL;DR

Global markets wobble amid tech crash and higher borrowing costs

Persistent inflation and rising energy costs are fueling fears of slowing global growth, while an AI stock selloff threatens investor confidence and financial market stability.

06 Nov 2026
• TL;DR

Foreign inflows lift Sensex 1,000+ points amid limited AI exposure

Despite a global sell-off triggered by AI concerns, India's stock market rebounded due to foreign investor inflows and falling oil prices, showcasing its relative resilience.

06 Nov 2026
• TL;DR

Gold and silver prices dip across cities on Dhanteras

Gold and silver prices experienced a slight decline in major Indian cities, including Delhi and Kolkata, despite high sales expectations during the Dhanteras festival.

06 Nov 2026
• Indian Government

Centre clears 12 electronics projects worth ₹7,500 crore

The Indian government has approved 12 projects under the Electronics Component Manufacturing Scheme (ECMS), with a combined investment of over ₹7,500 crore.

06 Nov 2026
• TL;DR

Motilal Oswal recommends buy on Apollo Hospitals with ₹10,400 target

Motilal Oswal has issued a buy rating for Apollo Hospitals, setting a target price of Rs 10,400 due to strong performance in its Healthcare Services and Healthco segments.

06 Nov 2026
• TL;DR

US data centers continue buying Indian transformers despite market volatility

Despite a tech sell-off, industry experts say US demand for transformers from Indian manufacturers remains robust, driven by ongoing AI infrastructure needs.

06 Nov 2026
• TL;DR

India launches Semicon 2.0 portal to streamline semiconductor program applications

Union Minister Ashwini Vaishnaw introduced the Semicon 2.0 Web Application Portal, announcing that half of the approved units under ECMS are SMEs or MSMEs.

06 Nov 2026
• TL;DR

BSNL and Vodafone Idea discuss sharing infrastructure across 12-13 circles

State-run BSNL and Vodafone Idea are in discussions to explore infrastructure sharing, aiming to enhance network capabilities and improve connectivity.

06 Nov 2026
• TL;DR

Nifty rises 7% in best week since 2021, adds ₹15.7L/cr

Nifty surged 7% this week, its largest weekly gain since January 2021, driven by strong Q2 earnings and renewed foreign investor interest in Indian equities.

06 Nov 2026
• TL;DR

Tamil Nadu launches 20-member commission to reach $1.5tn by 2036

The Tamil Nadu government has established a 20-member Investment Promotion Commission to facilitate investments, aiming to transform the state into a $1.5 trillion economy by 2036.

06 Nov 2026
• TL;DR

India approves 12 ECMS electronics component projects, 7,500cr plus investments

The government has approved 12 projects under the Electronics Component Manufacturing Scheme, totaling an investment of over ₹7,500 crore to boost domestic production.

06 Nov 2026
• TL;DR

Honasa Consumer, Mamaearth parent, posts ₹73.25 cr Q2 FY27 profit

Honasa Consumer, the parent company of Mamaearth, reported an 86.7% increase in net profit to Rs 73.25 crore and a 36% rise in revenue for Q2 FY27.

06 Nov 2026
• TL;DR

Sensex crosses 80,000 as Nifty rises amid Nasdaq drop

The BSE Sensex crossed the 80,000 mark on November 6, 2026, while the Nifty rose to over 24,700 despite a global tech selloff.

06 Nov 2026
• Abu Dhabi

Gujarat Energy signs 10-year LNG deal with ADNOC

Gujarat Energy has signed a long-term Sales and Purchase Agreement (SPA) with Abu Dhabi National Oil Company (ADNOC) to procure up to four million tons of Liquefied Natural Gas (LNG).

06 Nov 2026
• Sensex

Sensex rallies 1,000 points as global markets tumble

The Indian stock market has shown remarkable resilience on November 6, defying weak global cues and continuing its upward trajectory.

06 Nov 2026
• TL;DR

Foreign investors inject nearly $5 billion into Indian stocks

Foreign institutional investors have injected nearly $5 billion into Indian equities over five sessions, driven by strong earnings, softer oil prices, and a stable rupee.

06 Nov 2026
• TL;DR

Coforge becomes transformation partner with SpaceX for Grok integration

Coforge has partnered with SpaceX to integrate Grok AI tools into enterprise systems, enhancing industry-specific solutions through its Momentuum Blue engineering unit.

06 Nov 2026
• TL;DR

Nifty 50 surges, Asia's top performer amid AI selloff

Indian equities surged as investors reduced AI stock exposure, fearing tighter US regulations, making India a standout performer amid Asia's broader market downturn.

06 Nov 2026
• TL;DR

Thermax shares fall 18% on Friday after disappointing Q2 results

Thermax shares dropped nearly 18% after the company reported a 5% decline in Q2 net profit, missing analyst expectations due to higher input costs and an impairment provision.

06 Nov 2026
• Indian Rupee (INR)

Indian rupee hits 6-month high against US dollar

The Indian rupee has hit a six-month high of 94.08 against the US dollar on Friday, its strongest intraday level since May 7.

06 Nov 2026
• Saudi Arabia

Oil tops $100 amid tanker attacks in Strait of Hormuz

Crude oil prices have surged in response to reports of fresh attacks on tankers in the Strait of Hormuz.

06 Nov 2026
• TL;DR

HDFC Bank stock jumps 16.39% to ₹778.80, market cap ₹12tn+

HDFC Bank shares soared 16% over four sessions, boosting the lender's market capitalisation beyond ₹12 lakh crore as of Friday.

06 Nov 2026
• TL;DR

Indian banks offer FD rates up to 8.25% this November

In November 2026, small finance banks lead with fixed deposit interest rates up to 8.25%, while private and public sector banks offer competitive returns.

06 Nov 2026
• TL;DR

NSE hits ₹1,953.95 high, market value tops $50 billion

NSE shares surged to a post-listing high of ₹1,953.95, pushing its market capitalization past $50 billion despite weaker sequential performance in the September quarter.

06 Nov 2026
• TL;DR

Rupee slips to 94.50 as US dollar strengthens, oil jumps

In early trading on Friday, the rupee fell by 9 paise to 94.50 against the US dollar due to a robust dollar and rising crude oil prices.

06 Nov 2026
• TL;DR

Adani Green Energy posts September sales ₹4,258cr and ₹673cr profit

Adani Green Energy Limited's consolidated net sales reached Rs 4,258.00 crore in September 2026, marking a 41.56% year-over-year increase from Rs 3,008.00 crore in September 2025.

06 Nov 2026
• TL;DR

HealthCare Global Enterprises Q2 revenue ₹731.8cr, adjusted PAT down 9.3%

HealthCare Global Enterprises Ltd. reported a 9.3% decline in Q2 profit to Rs 19.2 crore, despite a 15.8% revenue increase driven by higher patient volumes and advanced treatments.

NCLT declares Videocon promoter Venugopal Dhoot bankrupt

The National Company Law Tribunal (NCLT), Mumbai bench, has declared Venugopal Dhoot, the promoter of Videocon Industries, as bankrupt. The ruling comes after a ₹12,668 crore claim by the State Bank of India (SBI).

06 Nov 2026
• Layoff News

KLM to cut 1,000 jobs

Dutch airline KLM has announced plans to cut around 1,000 jobs in the coming years. The decision comes as a response to rising fuel prices and higher operating costs.

06 Nov 2026
• TL;DR

Deepinder Goyal steps away from Eternal, promises explanation on X

Deepinder Goyal left Eternal, a $35 billion company he founded, to focus on Temple, a health wearable startup aiming to revolutionize brain health monitoring.

06 Nov 2026
• Anthropic

Why Anthropic's $1.5T IPO is facing pushback from investors

Anthropic's proposed $1.5 trillion valuation for its IPO is facing resistance from major investors, The Wall Street Journal reported.

06 Nov 2026
• Noel Tata

Why Noel Tata is stepping down as Titan vice-chairman

Noel Tata, the Vice-Chairman and non-executive non-independent director of Titan Company Ltd, will retire from his position on November 12.

06 Nov 2026
• TL;DR

CG Power, Hitachi Energy India decline after global tech selloff

Shares of Indian companies like CG Power, MTAR Technologies, and Hitachi Energy India fell sharply, tracking a global sell-off in technology stocks due to regulatory concerns.

06 Nov 2026
• TL;DR

Palo Alto Networks negotiating purchase of Clutch Security, $500 million cash

Palo Alto Networks is negotiating a $500 million acquisition of Clutch Security, a startup specializing in securing AI agents' access to company systems.

06 Nov 2026
• NVIDIA

Nasdaq enters correction territory

The Nasdaq Composite Index has entered correction territory, having fallen over 5% on Thursday.

06 Nov 2026
• Tesla

Tesla, SpaceX lose over $420 billion after US midterm results

Elon Musk's companies, Tesla and SpaceX, have witnessed a massive dip in their combined market capitalization by over $420 billion.

06 Nov 2026
• TL;DR

Oil nears $100 after Trump Iran comments, Google invests $17B

Oil prices approach $100 per barrel amid geopolitical shifts, while Nvidia CEO Jensen Huang's net worth drops by $15 billion due to stock declines.

06 Nov 2026
• TL;DR

Wipro September quarter sales up 9.06%, profit slips 1.4%

Wipro reported consolidated net sales of Rs 24,752.70 crore for September 2026, marking a 9.06% increase from the previous year.

06 Nov 2026
• TL;DR

Prabhudas Lilladher keeps Physicswallah 'Accumulate' with ₹140 target, 18.2% revenue

Prabhudas Lilladher maintains an accumulate rating on Physicswallah, setting a target price of Rs 140, citing strong growth potential in online and offline segments.

06 Nov 2026
• TL;DR

Gen Z bookings up 73% drive Diwali travel boom

Travel platforms and hotels report a significant increase in Diwali bookings, with Gen Z leading the trend towards early reservations and eco-friendly travel options.

06 Nov 2026
• TL;DR

E2E Networks sales soar over 400% to ₹223.76cr, profit 5.4x

E2E Networks' consolidated net sales reached Rs 223.76 crore in September 2026, marking a significant year-over-year increase of 410.82% from Rs 43.80 crore in September 2025.

06 Nov 2026
• China

China's 10-year bond yield hits record low

China's 10-year government bond yield has hit an all-time intraday low of 1.58%, according to Bloomberg.

06 Nov 2026
• TL;DR

Gold prices drop in India before wedding and festival rush

India's gold jewellery demand is rebounding as lower prices and the wedding season boost footfalls, with consumers favoring smaller purchases like coins and bars.

06 Nov 2026
• Saudi Arabia

Gaming software provider Unity in talks for takeover

Unity Software, a leading provider of gaming software, is in talks for a potential acquisition by a consortium of investors. according to Reuters.

06 Nov 2026
• TL;DR

Indian markets up 7% this week as Sensex jumps 500

Indian benchmarks surged with Sensex up 500 points and Nifty above 24,600, driven by strong foreign buying, robust earnings, and value buying in large-cap stocks.

06 Nov 2026
• Jack Dorsey

Jack Dorsey's Block conducts 2nd round of layoffs this year

Twitter co-founder Jack Dorsey's fintech company Block has laid off employees for the second time this year.

06 Nov 2026
• Apple

Apple seeks $7 billion through bond sale

Apple is looking to raise around $7 billion through a US-dollar bond offering, Bloomberg reported on Thursday.

06 Nov 2026
• TL;DR

Maxwell Engineering Solutions opens 90% higher ₹300 on NSE SME

Maxwell Engineering Solutions made a remarkable stock market debut with shares listing at a 90% premium, while HGS (India) and Johnsoncab Electricals also saw strong openings.

06 Nov 2026
• TL;DR

Venugopal Nandlal Dhoot declared bankrupt by Mumbai NCLT for ₹12,668.06cr

The National Company Law Tribunal (NCLT) has declared Videocon promoter Venugopal Dhoot bankrupt over ₹12,668 crore dues claimed by State Bank of India (SBI).

06 Nov 2026
• TL;DR

Cashfree launches Checkout for agents and adopts WebMCP standard

Cashfree launches Checkout for Agents, becoming India's first to use WebMCP, enabling seamless digital payments by AI agents with reduced token consumption.

06 Nov 2026
• TL;DR

HCL Technologies July-September 2026 posts ₹35,620cr sales ₹5,132cr profit

HCL Technologies' consolidated net sales reached Rs 35,620.00 crore in September 2026, marking an 11.51% year-over-year increase from September 2025.

06 Nov 2026
• TL;DR

Zeta's Bhavin Turakhia says AI has made coding less crucial

Zeta CEO Bhavin Turakhia, who began coding at 10, argues that AI is reshaping tech careers by prioritizing problem-solving and critical thinking over traditional coding skills.

06 Nov 2026
• TL;DR

Sensex 523.66-Point gain Nifty 101.60-Point rise amid Nasdaq weakness

Despite global market turmoil, India's Sensex rose 500 points and Nifty reclaimed 24,600, driven by strong FII buying and robust earnings growth in large-cap stocks.

06 Nov 2026
• TL;DR

Brent crude passes $100 amid Strait of Hormuz attacks

Crude oil prices surged as Brent crude exceeded $100 per barrel and WTI approached $92, following reports of tanker attacks in the Strait of Hormuz.

06 Nov 2026
• Sensex

Foreign investors pump $1.6B into Indian stocks in one day

India has witnessed its biggest single-day foreign investment in nearly six years, with overseas investors buying Indian equities worth ₹14,796 crore on Thursday.

06 Nov 2026
• TL;DR

Sensex gains 134.14 points, Nifty slips as investors stay cautious

Despite a sharp overnight sell-off on Wall Street, the BSE Sensex showed resilience with modest gains, while the NSE Nifty slipped below 24,550 in early trade.

06 Nov 2026
• TL;DR

Asian markets tumble as AI linked tech shares suffer losses

Asian stocks experienced significant declines, with South Korea's KOSPI dropping over 7% and Japan's Nikkei losing more than 3,000 points due to AI-related fears.

06 Nov 2026
• NVIDIA

$2.5T wiped out as Nasdaq plunges 5.5% in one day

The Nasdaq Composite index nosedived by a staggering 5.52% on Thursday, marking its biggest single-day decline in 19 months.

06 Nov 2026
• TL;DR

KLM to cut 1,000 jobs, shift 2,000 to Air France-KLM

Dutch airline KLM plans to cut 1,000 jobs and transfer 2,000 positions to Air France-KLM as part of a restructuring programme aimed at improving profitability amid rising costs.

06 Nov 2026
• TL;DR

Sensex falls 227, Nifty drops 104 amid AI investment worries

Indian equity benchmarks Sensex and Nifty opened lower on Friday, ending a six-day winning streak, due to a global tech sell-off and concerns over AI investment slowdowns.

06 Nov 2026
• TL;DR

Indian markets open weak as Sensex drops over 150 points

Sensex and Nifty opened lower amid a global AI sell-off, while Brent crude prices surged near $100 per barrel due to escalating tensions in the US-Israel-Iran conflict.

06 Nov 2026
• TL;DR

Nasdaq falls 5.52% into correction amid AI data center worries

The Nasdaq Composite plunged 5.52%, its steepest drop in 19 months, as fears of tighter AI regulations and data centre slowdowns triggered a broad technology stock sell-off.

06 Nov 2026
• TL;DR

SoftBank credit risk highest since 2022 as insurance costs jump

SoftBank's credit default swap spread hit a four-year high, driven by investor concerns over AI profitability and delayed returns on its significant investments in OpenAI and Arm.

06 Nov 2026
• TL;DR

HCG Q2 FY2027 reported profit down 55.22% to ₹9.25cr

Healthcare Global Enterprises reported a 55.22% decline in net profit to ₹9.25 crore, impacted by exceptional items, despite a 16% revenue growth in the quarter.

06 Nov 2026
• TL;DR

Brent crude rebounds to $99.59, West Texas Intermediate edges up

Brent crude prices surged to $99.59 per barrel after recent sharp declines, driven by geopolitical tensions and supply disruptions through the Strait of Hormuz.

06 Nov 2026
• TL;DR

Aumovio warns AI center surge could add €1bn to earnings

German auto supplier Aumovio SE predicts a €1 billion increase in automotive costs by 2027 due to surging semiconductor prices driven by AI data center demand.

06 Nov 2026
• TL;DR

Three charged over $129 million AI CEO and lawyer impersonation scam

Three individuals have been indicted for using AI to impersonate executives and attorneys, stealing approximately $129 million from companies worldwide, according to prosecutors.

06 Nov 2026
• TL;DR

Punjab unions reject 3% DA hike, seek central parity

Punjab employee unions dismissed the 3% DA hike as insufficient and announced a month-long protest starting November 13 to press for unmet demands.

06 Nov 2026
• TL;DR

Gold loan defaults almost double since March with ₹22.5L/cr outstanding

Gold loan defaults have nearly doubled from 0.2% to 0.3% between March and August 2026, as outstanding balances reached a record Rs 22.5 lakh crore.

06 Nov 2026
• TL;DR

Gold jumps 5.9% to $4,103.55/oz ahead of US jobs report

Gold prices rose 0.4% in early Asian markets, poised for a 5.9% weekly gain, as investors anticipate the US non-farm payrolls report for insights on interest rates.

06 Nov 2026
• TL;DR

Oil prices tumble over 12% amid months-long Middle East war

Oil is poised for its largest weekly drop since April, while gold is set to achieve its best weekly gain since August, driven by a weaker dollar and lower Treasury yields.

06 Nov 2026
• TL;DR

Oil holds near $100 after President Trump's Iran comment

Oil prices steadied near $100 per barrel after a volatile week, as US President Trump's remarks on Iran influenced market sentiment despite the largest weekly decline since April.

06 Nov 2026
• TL;DR

South Korea's KOSPI tumbles 8.5% amid US tech selloff

The KOSPI index fell below 5,000, a target set by President Lee Jae Myung, amid a steep sell-off in AI and semiconductor stocks.

06 Nov 2026
• TL;DR

SEBI permits alternative investment fund managers to certify investor accreditation

Sebi now permits alternative investment fund managers to independently certify investor accreditation, streamlining the process and offering greater flexibility.

06 Nov 2026
• TL;DR

Anthropic's $1.5 trillion upcoming IPO hopes undercut by AI selloff

Major investors question Anthropic's ability to achieve a $1.5 trillion valuation for its IPO amid a market selloff and AI sector uncertainties.

06 Nov 2026
• TL;DR

SEBI announces cash market netting for mutual funds April 2027

Sebi has allowed mutual fund schemes to net fund obligations from outright transactions in the cash market, effective April 1, 2027, enhancing settlement efficiency.

06 Nov 2026
• TL;DR

India may see up to 35,000 GCC jobs by 2027

India is projected to create up to 35,000 jobs in greenfield global capability centres next year, driven by US mid-sized companies seeking alternatives due to tighter H1B laws.

06 Nov 2026
• TL;DR

TCS, Infosys and HCLTech see rising staff costs despite AI

Despite advancements in AI and automation, India's top IT firms face escalating employee expenses due to investments in premium talent and reskilling efforts.

06 Nov 2026
• TL;DR

Investors wary of Anthropic's $1.5 trillion valuation ahead of listing

Potential investors question Anthropic's ability to proceed with its planned IPO roadshow amid a sharp technology selloff and geopolitical uncertainties affecting new offerings.

06 Nov 2026
• TL;DR

Nasdaq drops $2.5tn after AI earnings miss, Democratic midterm wins

Tech stocks plunged as the Nasdaq Composite lost 5.5%, driven by weak AI earnings and fears of increased regulation from Democrats following their midterm election victories.

06 Nov 2026
• TL;DR

Democratic midterm win prompts record S&P 500 and Nasdaq losses

S&P 500 and Nasdaq experienced record single-day market cap drops as investors reacted to Democrats' midterm sweep, with tech giants hit hardest.

06 Nov 2026
• TL;DR

Serve Robotics launches physical AI services after 2024 public debut

Serve Robotics is expanding its operations by launching Physical AI Services, aiming to supply technology to other companies and become the AWS for robots.

06 Nov 2026
• TL;DR

Mehli Mistry challenges Noel Tata trustee eligibility at Navsari trust

Mehli Mistry challenges Noel Tata's qualifications for the Bai Hirabai trust, questioning his adherence to the 1923 deed's criteria.

06 Nov 2026
• TL;DR

Retail investors dump $338 million in largest selloff since COVID-19

Retail traders sold a net $338 million in stocks, marking the largest single-day outflow since March 2020, amid a significant tech sector downturn.

06 Nov 2026
• TL;DR

Google invests $17B in 1st Wyoming data center for AI

Alphabet's Google announced a $17 billion investment to build its first data center in Wyoming, despite growing political resistance to data center expansion.

06 Nov 2026
• TL;DR

US mortgage rates dip 3rd week, 30-year 7.18% 15-year 6.57%

The average U.S. 30-year fixed-rate mortgage fell to 7.18% this week, marking its third consecutive weekly decline, according to Freddie Mac.

06 Nov 2026
• TL;DR

Mphasis posts strong Q2 with ₹561cr profit and $466 million deals

Mphasis reported a 14.6% sequential rise in net profit to ₹561 crore, driven by $466 million in AI-led deal wins and a record-high contract pipeline.

06 Nov 2026
• TL;DR

House Republicans ask NVIDIA CEO Jensen Huang explain China ties

Top Republican lawmakers have requested Nvidia CEO Jensen Huang to brief Congress about allegations of his ties with a Chinese businesswoman linked to espionage concerns.

06 Nov 2026
• TL;DR

Kia India to invest $1.5 billion in Anantapur plant expansion

Kia India plans to invest $1.5 billion to expand its Anantapur facility, increasing production capacity from 3 lakh to 5 lakh units annually.

06 Nov 2026
• TL;DR

Delhi High Court tells SAP to keep Nayara Energy running

The Delhi High Court's division bench upheld a single judge's order for SAP India to maintain software services for Nayara Energy, despite EU sanctions linked to Russia.

05 Nov 2026
• Adani Ports

Adani Ports acquires European storage giant Evos for €2.5B

Adani Ports and Special Economic Zone Limited (APSEZ) has announced its plan to acquire a 100% stake in Netherlands-based Evos B.V.

05 Nov 2026
• Bharti Airtel

Bharti Airtel Q2 profit rises 31% to ₹8,888cr

Bharti Airtel has reported a 31% increase in its net profit for the quarter ending September 30, 2026. The telecom giant's net profit stood at ₹8,888 crore during this period.

05 Nov 2026
• Diwali

Muhurat trading on November 8: Check NSE, BSE timings

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will host a special Muhurat trading session on Sunday, November 8, 2026. The event is being held to celebrate Diwali Laxmi Pujan.

05 Nov 2026
• Mahindra & Mahindra

M&M Q2 profit jumps 25% to ₹4,588 crore

Mahindra & Mahindra has reported a robust 25% year-on-year increase in its consolidated net profit for the second quarter of FY27.

05 Nov 2026
• Blinkit

Blinkit to charge ₹2,500 for non-emergency ambulance rides

Blinkit has introduced a new fee structure for its ambulance services. The company now charges ₹2,500 for non-emergency patient transfers.

05 Nov 2026
• E-commerce

Shiprocket swings to profit as Q2 revenue jumps 35%

Shiprocket, a leading logistics and e-commerce enablement company based in New Delhi, has posted a net profit of ₹60 lakh for the second quarter of FY27.

05 Nov 2026
• Dubai

Dubai Duty Free offers Indian travelers 10% UPI discount

Indian travelers can now enjoy a 10% discount at Dubai Duty Free by using India's Unified Payments Interface (UPI) for payments.

05 Nov 2026
• HDFC Bank

HDFC Bank hikes FD rates: Check new returns

HDFC Bank has revised its fixed deposit (FD) interest rates, effective from November 4, 2026.

05 Nov 2026
• Microsoft

Microsoft rejects multibillion-dollar deal with data center firm Nscale

Microsoft has rejected a multibillion-dollar agreement to more than double the size of its existing agreement with UK-based artificial intelligence (AI) company Nscale to rent computing power at a Texas data center.

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
• 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
• 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
• 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
• 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
• 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
• 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
• HP Laptops

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

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

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.