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Business News

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11 Oct 2026
• TL;DR

Airtel Business CEO Sharat Sinha urges AI guardrails, enterprise architecture

Airtel Business CEO Sharat Sinha emphasizes the importance of robust guardrails and safe architecture in deploying AI to unlock productivity gains for enterprises.

11 Oct 2026
• TL;DR

Foreign investors pull ₹44,166 cr in October, ₹3.04L cr outflow

Foreign portfolio investors have pulled out ₹44,166 crore from Indian equities in October, with total 2026 outflows surpassing ₹3 lakh crore due to global economic factors.

11 Oct 2026
• TL;DR

Aditya Birla Renewables seeks ₹14,517 cr for Shell India purchase

Aditya Birla Renewables is seeking ₹14,500 crore in loans to finance its acquisition of Shell Plc’s Indian renewable energy arm, aiming to avoid costly bridge financing.

11 Oct 2026
• TL;DR

Twelve companies plan October IPOs with Jio Platforms seeking record

A dozen companies, including Jio Platforms and Zetwerk, are set to launch IPOs in October 2026, continuing the year's strong fundraising momentum with diverse sector offerings.

11 Oct 2026
• TL;DR

Suzlon to invest ₹550cr in Gujarat, Karnataka, Tamil Nadu factories

Suzlon Group is investing Rs 550 crore to establish three AI-powered wind blade factories in Gujarat, Karnataka, and Tamil Nadu to enhance manufacturing capacity.

11 Oct 2026
• TL;DR

Jio Platforms lowers leverage before IPO to repay debt, invest

Jio Platforms Ltd is enhancing its cash generation and reducing debt, positioning itself for a successful IPO while shifting focus from network expansion to revenue growth.

11 Oct 2026
• Piyush Goyal

India-US trade deal will keep changed circumstances in mind: Goyal

Commerce and Industry Minister Piyush Goyal has said that the India-US trade pact will be finalized in line with changing circumstances.

11 Oct 2026
• TL;DR

Nestle CEO Philipp Navratil says workers must understand AI impact

Nestlé CEO Philipp Navratil emphasizes the need for employees to understand AI's capabilities and its potential impact on transforming business processes.

11 Oct 2026
• White House

Trump probes TV networks over White House coverage boycott

The US Justice Department is investigating five major television networks for potential violations of antitrust laws.

11 Oct 2026
• TL;DR

India plans to boost steel capacity to 604MT by 2047

India has unveiled a draft steel policy aiming to increase its steel capacity to 604 million tonnes by 2047, while reducing carbon emissions and securing key raw materials.

11 Oct 2026
• TL;DR

GTRI urges government to drop 0.4% UPI fee over ₹2,000

The Global Trade Research Initiative (GTRI) recommends the government withdraw its proposed 0.4% MDR on UPI transactions, citing potential economic drawbacks.

10 Oct 2026
• Air India

Air India offering big discounts for students: Check offers

Air India is offering a flat 10% discount on domestic base fares for eligible one-way and round-trip bookings made by October 20.

10 Oct 2026
• Finance

DMart parent's Q2 profit jumps 8.5% YoY to ₹743cr

Avenue Supermarts, the company behind popular supermarket chain DMart, has reported an 8.5% year-on-year (YoY) rise in its consolidated net profit for the second quarter of FY27.

10 Oct 2026
• Deepinder Goyal

Eternal supports livelihoods of over 1% of Indians: Deepinder Goyal

Deepinder Goyal, the founder of Zomato, has revealed that his company's parent firm, Eternal, supports over 1% of India's population.

10 Oct 2026
• Reserve Bank Of India (RBI)

RBI to sell government securities worth ₹25,000cr on October 13

The Reserve Bank of India (RBI) will conduct an open market operation (OMO) sale auction of government securities worth ₹25,000 crore on October 13.

10 Oct 2026
• India

India's office space leasing down 20% in Jan-Sep: Report

The net leasing of office spaces in India has witnessed a sharp decline of 20% during the January-September period, according to a report by real estate consultant Cushman & Wakefield.

10 Oct 2026
• Elon Musk

Sridhar Vembu refutes Musk's claim of Starlink facing license issues

Sridhar Vembu, the co-founder and chief scientist of Zoho Corporation, has responded to Elon Musk's allegations about regulatory challenges for Starlink in India.

ED arrests Sadhna Group chairman in ₹168cr money laundering case

Rakesh Kumar Gupta, the Chairman of Delhi-based media and broadcast company Sadhna Group, was arrested by the Enforcement Directorate (ED) on Friday.

10 Oct 2026
• France

Euro hits 17-month low against dollar: What's the reason?

The euro has witnessed a major fall, with the currency hitting a 17-month low of $1.1161 on Monday.

10 Oct 2026
• Himachal Pradesh

India Post to expand drone delivery across 110 Himachal routes

In a major leap toward modernization, India Post has announced the expansion of its drone-based mail and parcel delivery service.

10 Oct 2026
• WordPress

Automattic's interim finance chief departs weeks after boardroom shakeup

Automattic's interim Chief Financial Officer (CFO) Jeremy Klaperman has resigned from his position, just weeks after taking on the role.

10 Oct 2026
• Piyush Goyal

India's AI sector lacks scale for IPOs, says Piyush Goyal

India's Commerce Minister, Piyush Goyal, has said that the country's artificial intelligence (AI) sector is not yet at a stage where it can support stock market listings.

Jev AI model creator TypeSafe raises $870M at $7.5B valuation

TypeSafe AI, the company behind the revolutionary Jev artificial intelligence (AI) model, has raised $870 million at a whopping $7.5 billion valuation.

10 Oct 2026
• Coca-Cola

Diet Coke cans have become costlier in India

Some Coca-Cola bottlers and retailers in India have increased the price of Diet Coke by a whopping 40%.

10 Oct 2026
• China

EU strikes a preliminary trade deal with China

The European Union (EU) and China have struck a preliminary trade deal aimed at addressing trade imbalances between the two economic giants.

Why TCS is withholding quarterly bonuses of senior employees

Tata Consultancy Services (TCS), India's largest IT services company, has decided to withhold quarterly performance bonuses for its senior employees in the C3A grade and above.

10 Oct 2026
• Amazon

Amazon just reshuffled its Alexa leadership

Amazon has announced a major leadership reshuffle in its Alexa division.

10 Oct 2026
• Reserve Bank Of India (RBI)

How RBI plans to meet dollar needs of oil companies

The Reserve Bank of India (RBI) has announced a special facility to meet the daily dollar requirements of three state-owned oil marketing companies.

10 Oct 2026
• Reserve Bank Of India (RBI)

RBI revises foreign exchange rules: How they affect you

The Reserve Bank of India (RBI) has announced new regulations for the foreign exchange market.

09 Oct 2026
• OpenAI

OpenAI's Asia-Pacific public policy head departs after 6 months

Sanghyun Lee, OpenAI's top public policy executive for the Asia-Pacific region, is leaving his post after just six months, according to Bloomberg.

09 Oct 2026
• Reliance Industries

Jio Platforms sets price band for India's largest-ever IPO

Jio Platforms Ltd. the telecom and digital services arm of Reliance Industries, is set to price its shares at ₹1,065-1,119 apiece, Bloomberg reported.

09 Oct 2026
• Reliance Jio

India could be among first countries to launch 6G: Jio

Reliance Jio is preparing to introduce 6G connectivity, saying India could be among the first countries to launch commercial 6G services.

09 Oct 2026
• Netflix

Netflix could lay off around 850 employees amid declining engagement

Netflix is planning to lay off around 850 employees as part of a restructuring effort, according to Puck News.

Airtel Money debuts on London Stock Exchange with $7B valuation

Airtel Money, the digital financial services arm operating across Africa, has made its debut on the London Stock Exchange (LSE) with a valuation of £5.3 billion (nearly $7 billion).

09 Oct 2026
• Australia

NVIDIA-backed data center firm cancels $5B IPO amid market volatility

Firmus, an artificial intelligence (AI) data center company backed by NVIDIA, has called off its initial public offering (IPO) plans on the Australian Securities Exchange (ASX).

09 Oct 2026
• Chanda Kochhar

Tribunal limits Chanda Kochhar's access to ICICI Bank's internal data

The Securities Appellate Tribunal (SAT) has partly accepted ICICI Bank's review plea, overturning a part of its earlier order in the case of former MD and CEO Chanda Kochhar.

09 Oct 2026
• Apple

Apple appoints new head for mergers and acquisitions

Apple CEO John Ternus is shaking up the company's leadership team, according to a Bloomberg report.

09 Oct 2026
• Bengaluru

GitLab to open its 1st India office in Bengaluru

GitLab, a leading provider of AI-powered software development tools, has announced plans to open its first office in India.

09 Oct 2026
• OpenAI

SoftBank CEO seeks $100B from Gulf investors for AI investments

Masayoshi Son, CEO of SoftBank Group, is reportedly looking to raise up to $100 billion from Gulf investors.

09 Oct 2026
• Elon Musk

SpaceX buys spectrum to make Starlink major US mobile carrier

SpaceX has announced a major development in its telecommunications strategy.

09 Oct 2026
• Infosys

TCS to hire 15,000 people in US despite green-card curbs

Tata Consultancy Services (TCS) has announced its plan to hire 15,000 people in the US over the next five years to further strengthen its local workforce.

09 Oct 2026
• Infosys

Why are markets rallying despite US green-card restrictions?

The Indian stock market witnessed a major recovery on Friday, with the BSE Sensex jumping over 800 points and the Nifty nearing the 22,500 mark.

09 Oct 2026
• IRDAI

IRDAI may cap insurance commissions to lower costs for policyholders

The Insurance Regulatory and Development Authority of India (IRDAI) is planning to implement major reforms in insurance distribution.

09 Oct 2026
• Florida

Flock Safety to cut 18% of workforce amid surveillance backlash

Flock Safety, a leading provider of AI-powered surveillance cameras and license-plate readers, is planning to lay off around 18% of its workforce, according to Reuters.

09 Oct 2026
• OpenAI

Why OpenAI's annualized revenue is $20B lower than previously reported

OpenAI's annualized revenue has been revised to $50 billion, a figure that is about $20 billion lower than previously reported.

09 Oct 2026
• Adobe

Trump suspends Microsoft, Adobe from green card program

The Trump administration has suspended tech giants Microsoft and Adobe, along with others from a program that facilitates permanent residency for skilled foreign workers in the US.

08 Oct 2026
• Nirmala Sitharaman

GST Council's new goods rules: Who can stop, check consignments?

The Goods and Services Tax (GST) Council has proposed stricter regulations for the inspection of goods in transit.

08 Oct 2026
• GST

GST officers can no longer arrest taxpayers

The Goods and Services Tax (GST) Council has decided to revoke the arrest powers of GST officers. The decision was taken during a meeting on Thursday.

08 Oct 2026
• GST

GST process reforms to be implemented from April 2027: FM

Union Finance Minister Nirmala Sitharaman has announced that all process reforms approved by the Goods and Services Tax (GST) Council on October 8 will come into effect from April 1, 2027.

08 Oct 2026
• Nirmala Sitharaman

GST Council limits rate changes to once a year

The Goods and Services Tax (GST) Council will now consider tax rate changes only once a year, Finance Minister Nirmala Sitharaman announced on Thursday.

08 Oct 2026
• GST

GST Council approves reforms for registration, returns, refunds, and enforcement

The 57th Goods and Services Tax (GST) Council has approved a series of process reforms aimed at simplifying registration, returns, refunds, and enforcement.

08 Oct 2026
• Elon Musk

OpenAI hires another SpaceX executive to lead sales

OpenAI has appointed Ismail Elmas to lead sales across Europe, the Middle East, and Africa as a vice president. The move comes as part of a broader strategy to strengthen its presence in these regions.

08 Oct 2026
• Elon Musk

Musk lost $21B in hours: What hit his trillion-dollar fortune?

Elon Musk, the world's richest trillionaire, saw his net worth plummet by over $21 billion on Wednesday.

08 Oct 2026
• SoftBank Group

Tencent considers $5B bond sale to fund AI spending

Chinese tech giant Tencent is considering raising up to $5 billion through an offshore bond sale, Bloomberg reported.

08 Oct 2026
• Nifty

Nifty hits 52-week low, Sensex crashes over 1,000 points

The Indian stock market witnessed a major downturn today, with the Nifty 50 index hitting its lowest point in 2026.

TCS Q2 profit rises 4% to ₹13,884 crore

Tata Consultancy Services (TCS), India's leading IT services firm, has reported a 4% sequential rise in its consolidated net profit for the second quarter of FY27.

08 Oct 2026
• Paytm

Paytm, MobiKwik shares fall amid potential UPI MDR postponement

Shares of One97 Communications (Paytm's parent company) and One MobiKwik Systems fell sharply on Thursday, amid uncertainty over the potential postponement of the UPI Merchant Discount Rate (MDR).

08 Oct 2026
• Reliance Jio

Jio building indigenous satellite technology for India: Akash Ambani

Reliance Jio is working on an indigenous satellite technology stack and has filed patents for the same.

08 Oct 2026
• Air India

Air India to offer physical SIM, eSIM to international travelers

Air India has launched a new service called EasyRoam, specially designed for international travelers.

08 Oct 2026
• HDFC Bank

HDFC's Bagchi to become India's highest-paid bank CEO at ₹35.9cr

HDFC Bank has proposed an annual remuneration package of up to ₹35.9 crore for its incoming MD and CEO, Anup Bagchi.

08 Oct 2026
• Federal Reserve

US 30-year yield hits 24-year high

The US 30-year Treasury bond yield has hit its highest level in nearly a quarter of a century. The benchmark long-term yield touched 5.7041%, the highest level in 24 years.

08 Oct 2026
• Bigg Boss

JioHotstar brings Indian shows and films to Middle East

JioHotstar is expanding its global presence by partnering with STARZPLAY, a leading regional streaming platform.

Manus raises over $500M in 1st funding round post-Meta split

Manus, a leading artificial intelligence (AI) start-up, has raised over $500 million in its first funding round since its split from Meta Platforms.

08 Oct 2026
• Inflation

Sensex falls nearly 800 points: What's behind today's decline?

India's benchmark indices, the Sensex and Nifty, witnessed a sharp decline on Thursday.

08 Oct 2026
• Samsung Electronics

Samsung Q3 profit seen surging 782% to record $80B

Samsung Electronics has projected a staggering nine-fold increase in its quarterly profit year-on-year.

08 Oct 2026
• Elon Musk

India rejects Musk's 'oligarchs' allegation over Starlink hurdles

The Indian government has refuted SpaceX CEO Elon Musk's allegations that "certain oligarchs" are hindering the launch of his satellite internet company, Starlink, in India.