Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Tata Communications names Ganesh Lakshminarayanan as next MD & CEO
Tata Communications' Q3 profit soared by 54.3% year-on-year, driven by robust demand for its cloud services and connectivity solutions.
India Digital Summit 2026: Bridging digital scale, AI ambition
The 20th edition of the India Digital Summit (IDS) will convene in Bengaluru on January 29-30, focusing on AI and the intelligent economy.
India just raised customs duty on flat panel displays to 20%
The Indian government has raised the Basic Customs Duty (BCD) on flat panel displays to 20% to promote domestic electronics production and reduce import reliance.
Sensex, Nifty drop for 3rd day as global jitters hit markets
Stock markets experienced a third consecutive day of losses on January 21, 2026, with the BSE Sensex falling below 82,000 due to geopolitical tensions and weak global cues.
SBI to start charging for big IMPS transfers from 2026
From February 15, State Bank of India (SBI) will introduce service charges on high-value online Immediate Payment Service (IMPS) transfers.
NVIDIA CEO Jensen Huang heads to China as AI chip rules shift
Nvidia Corp. CEO, Jensen Huang, is set to visit China in late January to reopen the market for his company's artificial intelligence chips.
Deepinder Goyal steps down as CEO of Eternal; Albinder Dhindsa to take over
Deepinder Goyal, CEO of Eternal Ltd, has announced his resignation effective from February 1, 2026. Albinder Dhindsa, the current Blinkit CEO, is set to replace him.
Rupee hits all-time low as investors pull out, global jitters rise
The Indian rupee fell to a record low of 91.69 against the dollar, exacerbated by global market woes and absence of intervention from the Reserve Bank of India.
Telangana wants to be a $250 billion life sciences giant by 2030
Telangana has launched the "Next-Gen Life Sciences Policy 2026-30", aiming to attract USD 25 billion in investments and create five lakh jobs in the life sciences sector by 2030.
Sensex and Nifty slide for 3rd straight day—here's what's up
The Indian equity market extended its losing streak for the third consecutive session, with Sensex down 271 points and Nifty falling below 25,200.
Tata Communications gets a new CEO: Ganesh Lakshminarayanan steps in
Industry veteran Ganesh Lakshminarayanan has been appointed as the Managing Director and Chief Executive Officer (Designate) of Tata Communications, pending regulatory approvals.
Auto sector wants EV incentives, GST clarity in Budget 2026
The Indian automobile industry has witnessed a strong performance in the October-December 2025 quarter, thanks to improved affordability, a revival in rural demand, and sustained festive buying.
Vedanta's ₹450cr stock options: Everyone gets a piece
Vedanta Ltd has distributed ₹2,500 crore worth of employee stock options over the past five years, marking it as India's largest equity distribution by a manufacturing company.
Alibaba and China's nuclear giant join forces to power AI with nuclear energy
Alibaba Group has formed a $35.9 million joint venture with China National Nuclear Power Co. to secure power for its AI data centers.
66% of Indian crypto investors call current tax rules 'unfair'
A recent survey reveals that two-thirds of cryptocurrency investors in India perceive the country's tax structure as unfair, despite high awareness levels.
Adani Group bets big on Maharashtra with $66B investment
The Adani Group has unveiled a $66 billion investment blueprint for Maharashtra at the 56th World Economic Forum annual meeting in Davos.
Nifty could hit 32,000 by December, says market expert
Sushil Kedia, founder of Kedianomics, predicts a 28% rally in the Nifty 50 index to reach 32,000 by the end of the year despite current market volatility.
Amazon CEO says Trump's tariffs are raising product prices
Amazon CEO Andy Jassy has said that the tariffs imposed by US President Donald Trump are beginning to affect consumer prices.
Sensex-Nifty bounce back after massive crash
Indian equities, including Sensex and Nifty, recovered from a significant loss of nearly Rs 6 lakh crore, driven by bargain buying in heavyweight stocks.
Narmadesh Brass Industries IPO: Shares debut below expectations
Narmadesh Brass Industries' shares hit the lower circuit on their BSE SME debut, listing at a 4% discount to the issue price.
Sensex crashes 2,400 points in 3 days: Key reasons explained
The Indian stock market has been on a downward spiral for the third consecutive session today.
Trump's wealth hit $6.8B in 2025: Where did he invest?
Donald Trump's wealth is estimated at $6.8 billion in 2025, according to Bloomberg, remaining similar to the previous year.
SpaceX fined ₹1cr after crane collapse at Starbase facility
The Occupational Safety and Health Administration (OSHA) has penalized SpaceX for seven "serious" violations following a crane collapse at its Starbase facility in Texas last June.
Why Anthropic's CEO slammed NVIDIA and AMD at WEF
Dario Amodei, the CEO of AI research company Anthropic, has criticized the US government for allowing the sale of high-performance NVIDIA and AMD chips to China.
Cabinet greenlights ₹5,000cr boost for MSME lending via SIDBI
The Union Cabinet has sanctioned a ₹5,000 crore equity infusion into the Small Industries Development Bank of India (SIDBI) to enhance credit flow to MSMEs.
FTC challenges Meta's antitrust win over Instagram and WhatsApp deals
The US Federal Trade Commission (FTC) has announced its decision to appeal a November ruling that favored Meta in an antitrust case.
Cabinet extends Atal Pension Yojana till 2031 for unorganized workers
The Union Cabinet has approved the extension of the Atal Pension Yojana (APY) until 2030-31, ensuring monthly pensions for low-income and unorganised sector workers.
India-EU trade agreement: What makes it 'mother of all deals'
The long-awaited India-European Union (EU) free trade agreement (FTA) is on the verge of being finalized, European Commission President Ursula von der Leyen announced at the World Economic Forum.
UK inflation ticks up, surprising analysts
UK's inflation rate increased to 3.4% in December, marking the first rise in five months, according to official statistics.
Budget 2026: Agriculture sector says, "Invest in future, not just subsidies"
Ahead of the 2026 Union Budget, agriculture stakeholders seek increased green infrastructure spending, digital adoption, and rural credit reform.
Groww rolls out 'Groww Prime' for smarter mutual fund investing
Investment platform, Groww, has initiated a pilot launch of Groww Prime, a feature aimed at enhancing mutual fund portfolio management.
India's making its own regional aircraft—here's what's up
The Indian government is expected to allocate around Rs 12,511 crore for a special purpose vehicle (SPV) aimed at developing a regional transport aircraft.
Kalyan Jewellers shares take a 12% dip as investors pull back
Kalyan Jewellers India Ltd's shares fell nearly 12% due to technical stress, institutional activity, and sector-specific caution amidst a weak broader market.
JPMorgan opens trading branch in GIFT City
JPMorgan Securities Plc, a unit of JPMorgan Chase & Co., is setting up a branch in Gujarat's GIFT City to trade equities and other financial instruments.
Telecom sector wants clear AI rules to unlock future growth
India's telecom sector urges the government to provide clear and consistent AI policies, warning that uncertainty could hinder investment and innovation.
Nifty 50 sinks below 25,000 as market jitters hit hard
The Indian stock market faces a massive selloff as Nifty 50 slips below the critical 25,000 mark, signaling potential long-term market trend shifts.
Sensex rebounds after sharp drop, recovers 450+ points
The Sensex and Nifty rebounded from early losses due to value buying, Bank Nifty's recovery, positive Wall Street futures, and falling crude oil prices.
Billionaire wealth hits record $18.3 trillion, says Oxfam
Charity organization Oxfam warns that the record-breaking wealth of billionaires, amplified by policies like those of President Trump, poses a significant political threat.
OnePlus isn't leaving India—despite the rumors
OnePlus has dismissed rumours of ceasing its operations in India, asserting that the business continues as usual. The company labelled such reports as "false" and "unverified".
L'Oreal's 1st global beauty-tech hub is coming to Hyderabad
L’Oréal plans to establish its first global technology hub in Hyderabad, investing Rs 3,500 crore and creating 2,000 jobs by 2030.
Indian bonds climb as RBI steps in to steady the market
Indian government bonds experienced early gains on Wednesday, fueled by expectations of increased buying from the Reserve Bank of India (RBI).
Gold prices hit record high of $4,800 amid geopolitical tensions
Gold prices hit a new high of over $4,800 on Wednesday, driven by safe-haven demand and a weaker US dollar.
Sensex plunges 386 points; Nifty settles below 25,200
Sensex and Nifty experienced significant losses due to a combination of factors including the rupee hitting an all-time low and continued foreign fund outflows.
Amagi Media Labs shares open below IPO price, despite huge investor buzz
Amagi Media Labs' shares opened at a 12% discount on the BSE and NSE, underperforming expectations set by the grey market premium.
US Supreme Court skips Trump tariffs ruling again
The US Supreme Court has deferred its decision on a key legal challenge to President Donald Trump's tariff regime.
Indian rupee hits lifetime low of 91.18 against US dollar
The Indian rupee has hit a new record low of 91.18 against the US dollar today.
Union Budget 2026: Finance sector calls for easier access to money
Ahead of the Union Budget 2026, financial sector stakeholders seek policy stability, capital easing and a boost in credit to strengthen the financial system.
Sensex tumbles over 1,000 points as markets hit a 3-month low (the lowest since October 2025)
The Sensex and Nifty experienced significant volatility due to unstable global cues, geopolitical tensions, crucial technical levels, and short-covering.
OnePlus shutting down? Why the 'flagship killer' faces uncertain future
A recent report by Android Headlines has raised alarms over the future of OnePlus, a brand that once shook the smartphone industry with its innovative "flagship killer" models and customer-driven hype.
Sensex tumbles over 1,000 points as global worries hit markets
Indian equities opened lower on Wednesday due to persistent foreign fund outflows and mixed corporate earnings, pushing the Sensex and Nifty to over three-month lows.
Telangana's $3 trillion pitch: Big ambitions at Davos 2026
Unilever, a major FMCG company, is contemplating setting up a Global Capability Centre (GCC) in Hyderabad, as per the Telangana government.
INDO SMC IPO makes a strong debut with 7% premium
INDO SMC's shares are set to debut on the BSE SME platform, with grey market trends indicating a 7% premium. The company's IPO witnessed robust investor response across categories.
Foreign investors are back in Indian IT, thanks to AI
Foreign investors are returning to Indian tech stocks, driven by the sector's increasing focus on artificial intelligence and promising growth figures.
FTC challenges court decision letting Meta keep Instagram and WhatsApp
The Federal Trade Commission (FTC) has announced its intention to appeal the November ruling favoring Meta in an antitrust case.
Rupee sinks to record low: What's going on?
Despite the Reserve Bank of India's efforts to stabilize the rupee by selling dollars, the currency continues to weaken, nearing an all-time low.
India and EU close to deal on carbon tax in trade talks
India and the European Union are expected to find a middle ground on the carbon tax issue in their ongoing free trade negotiations.
US markets drop 2% as Trump's Greenland talk sparks fresh volatility
US stock markets experienced a significant slump as President Trump's push to acquire Greenland and fears over Japanese debt stirred up previously calm trading conditions.
Serve Robotics just bought Diligent Robotics for $29 million
Serve Robotics, backed by Nvidia and Uber, is acquiring Diligent Robotics, a hospital assistant robot company, marking its first venture beyond food delivery.
India is now the world's #2 hotspot for CEO investments
India, alongside Germany and the UK, has risen to become the second most favored destination for global investment, following the US, according to a PwC survey.
US tech stocks drop as trade tensions and AI worries shake markets
US stocks, including S&P 500, Dow Jones, and Nasdaq, plummeted due to a significant drop in technology shares amid escalating trade war threats.
US Supreme Court postpones ruling on Donald Trump's tariffs
The US Supreme Court has postponed its decision on a major legal challenge to President Donald Trump's tariff regime.
Netflix revises $82.7B offer for Warner Bros to all-cash deal
Netflix has made an all-cash offer of $82.7 billion for Warner Bros. Discovery's studio and streaming assets, according to a regulatory filing today.
Why Nomura has been sued by this Adani-linked fund
Nomura Holdings is facing a lawsuit in London, after an investment fund linked to Gautam Adani accused the firm of breaching a repayment plan and selling collateral, which allegedly resulted in significant financial losses.
IndiGo's December flight chaos could cost it more than ₹2,000cr
India's largest airline, IndiGo, is likely to suffer a financial blow of over ₹2,000 crore due to the massive operational disruption in early December.
IndiGo assures DGCA of no flight cancellations after February 10
IndiGo, India's largest airline by market share, has assured the Directorate General of Civil Aviation (DGCA) that it has enough pilots to meet its operational needs.
From Halwa ceremony to presentation: How India crafts its Budget
Finance Minister Nirmala Sitharaman will present the Union Budget for 2026-27 on February 1.
Why Robert Kiyosaki is skeptical of investing in digital silver
Robert Kiyosaki, the author of Rich Dad Poor Dad, has long been skeptical of paper assets.
JioHotstar's 'Shop the Look' lets you buy what you see
JioHotstar, the popular streaming platform, has launched a new feature called "Shop the Look."
Modi government might ease restrictions on investments by China
India is considering a major policy shift in its approach toward foreign investment and government procurement, especially from China.
Maharashtra bags MoUs for investments worth $50B at WEF
Maharashtra Chief Minister Devendra Fadnavis has signed several deals at the World Economic Forum (WEF) in Davos, bringing new investments into the state and strengthening job creation.
Zepto selects 8 start-ups for 'Zepto-Nova' program: What is it?
Zepto has announced the first batch of eight start-ups selected under its innovation initiative, Zepto Nova.
PhonePe, India's leading fintech firm, secures SEBI approval for IPO
PhonePe, India's leading digital payments platform, has received the green light from the Securities and Exchange Board of India(SEBI) for its Initial Public Offering (IPO).
Ola Electric shares crash 8% as CFO resigns
Ola Electric Mobility Ltd. has announced a major change in its top management, with the resignation of Chief Financial Officer (CFO) Harish Abichandani.
Shadowfax IPO now open for subscription: Should you invest?
Shadowfax Technologies' initial public offering (IPO) has for subscription today, January 20. The company hopes to raise ₹1,907.2 crore through the public issue.
India allows limited wheat flour exports after 3-year ban
India, the world's second-largest producer of wheat, has lifted a ban imposed in 2022 on the export of certain wheat products.
Modi government plans $1B relief package for footwear industry
The Indian government is said to be working on a $1 billion relief package for its beleaguered footwear industry.
xAI engineer quits days after tell-all interview about work culture
Sulaiman Khan Ghori, an engineer at Elon Musk's AI start-up xAI, has announced his departure from the company.
Gold prices hit record high today: What's the reason?
Gold prices have hit an all-time high on the Multi Commodity Exchange (MCX), driven by fears of a global trade war and a weakening US dollar.
Why Trump has threatened 200% tariff on French wine, champagne
United States President Donald Trump has suggested imposing a 200% tariff on French wine and champagne, since French President Emmanuel Macron has declined to join his proposed Board of Peace.
After Las Vegas, second US sphere is coming to Maryland
Sphere Entertainment, the company behind Las Vegas's iconic interactive venue, has announced plans to build a second Sphere in Maryland.
Morgan Stanley, Goldman Sachs to lead Jio Platforms IPO
Jio Platforms Ltd, the digital arm of Reliance Industries, has selected Morgan Stanley and Goldman Sachs as lead bankers for its highly anticipated initial public offering (IPO).
Sensex falls 450 points, Nifty below 25,450 amid trade worries
The Indian stock market witnessed a downward trend today, with both the Sensex and Nifty indices falling for the second consecutive session.
PhonePe processes a whopping 9.8B UPI transactions in December
PhonePe has dominated India's Unified Payments Interface (UPI) ecosystem in December, processing a whopping 9.81 billion customer-initiated transactions worth ₹13.61 lakh crore.
Nothing adopts Jaguar-like logo in major brand revamp
Smartphone maker Nothing has revealed a major logo redesign on X. The move marks a major departure from the pixel-style visual identity that has defined the brand since its inception.
IKEA India to invest ₹10,500cr, expand store count to 30
Swedish furniture giant IKEA has announced its plan to more than double its investment in India over the next five years.
Tata Capital's Q3 profit surges almost 40% to ₹1,285cr
Tata Capital, a leading non-banking financial company (NBFC) under the Tata Group umbrella, has reported a consolidated net profit of ₹1,285 crore for the third quarter of FY26.
LTIMindtree's Q3 results: Net profit declines 12% YoY to ₹960cr
Leading IT services provider, LTIMindtree, has reported an 12% year-on-year decline in its net profit for the third quarter ending December 31.
MSMEs want Union Budget 2026 to boost GST reforms
Micro, small and medium enterprises (MSMEs) in India are hoping that the upcoming Union Budget 2026 will strengthen GST reforms.
JioHotstar raises subscription prices in India: Check new rates
JioHotstar, the popular streaming platform, has announced a price hike for its Super and Premium subscription plans.
Budget 2026: Industry wants GST-like simplification for customs duty
Ahead of the upcoming Union Budget, Indian businesses are pushing for a GST-style simplification of the customs duty regime.
Indian rupee breaches ₹91/$ again amid trade pressures
The Indian rupee has breached the 91-a-dollar mark for the second time this month, closing at 90.92 (provisional) against the greenback on Monday.
US Supreme Court to rule on Trump's tariffs tomorrow
The US Supreme Court is scheduled to deliver its next round of rulings on January 20 at 10am ET.