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Michael Burry urges NVIDIA shareholders sell after Jensen Huang resigns
Michael Burry advises Nvidia shareholders to sell, citing key-person risk due to co-founder Jensen Huang's departure, which could impact the company's growth and profit margins.
Bank of England signals more hikes after November 4% rise
The Bank of England's chief economist, Huw Pill, indicated that further interest rate increases are expected to combat rising inflation, following a recent hike to 4%.
Longtime Nexus partner Anup Gupta to leave in June 2027
Anup Gupta, a partner at Nexus Venture Partners, announced he will step down in June 2027 after nearly 17 years with the firm.
Goldman Sachs raises global growth forecast to 2.8% by 2027
Goldman Sachs projects global GDP growth to reach 2.8% in 2027, driven by AI investment and lower energy prices, despite potential downside risks.
Binance will restore withdrawals for all by next week
Binance, the world's largest cryptocurrency exchange, has announced its plan to restore withdrawals for all remaining networks and assets by the end of next week.
Jensen Huang's namesake says controversy has boosted his AI business
Jensen Huang, a 24-year-old Singapore-based software engineer and founder of AI start-up Lycana, has been mistaken for NVIDIA co-founder Jensen Huang for years.
Over 1.24L telecom connections blocked or disconnected in July-September: TRAI
The Telecom Regulatory Authority of India (TRAI) has taken strict action against over 1.24 lakh telecom connections, including mobile numbers, in the July-September quarter of this year.
NVIDIA stock falls 13% after CEO Jensen Huang was ousted
Nvidia shares dropped 13% this week, erasing $570 billion in market value, following CEO Jensen Huang's ouster over scandals involving an affair with an alleged Chinese spy.
Patanjali Foods posts 19% profit fall to ₹419.76cr, revenue ₹11,406.49cr
Patanjali Foods Ltd reported a 19% drop in consolidated net profit to ₹419.76 crore for Q2 2026, while total income increased to ₹11,406.49 crore.
Microsoft shares recover, close slightly up after global outage
Microsoft shares closed slightly higher on Friday despite a 24-hour global outage affecting Outlook and Teams, as services were fully restored across over 70 countries.
PwC US launches certification to sharpen judgment amid AI automation
PwC US is introducing a critical thinking and judgement certification for over 85,000 employees to adapt to AI-driven changes in workplace roles and skill requirements.
Jensen Huang resigns as NVIDIA CEO, Colette Kress interim CEO
Nvidia's board is evaluating internal and external candidates for CEO, following Jensen Huang's resignation amid controversies, with interim leadership by CFO Colette Kress.
NVIDIA's Jensen Huang resigns after alleged affair with Chinese spy
Jensen Huang's sudden resignation from Nvidia amid scandal has left tech insiders concerned about the company's future, as its shares have dropped significantly in recent weeks.
Microsoft outage in India prompts Kiran Mazumdar-Shaw to suggest Zoho
Kiran Mazumdar-Shaw suggests the recent Microsoft outage highlights a chance for Zoho to emerge as a viable alternative for Indian businesses.
Noel Tata says Tata Sons listing could threaten philanthropic focus
Noel Tata expressed concerns that listing Tata Sons could prioritize profit over philanthropy, potentially altering the group's longstanding values and operational approach.
Binance to reopen withdrawals by next week after $6.3B hack
Binance plans to fully reopen withdrawals for all networks and assets by next week, following a $6.3 billion theft linked to North Korea.
Anthropic's IPO drawing strong interest, surpasses SpaceX's early demand
Anthropic's roadshow is underway and will continue till next Wednesday. The AI company's $64 billion initial public offering (IPO) is already drawing significant interest from institutional investors.
Jensen Huang's exit from NVIDIA could disrupt start-up ecosystem
Jensen Huang, the co-founder and long-time CEO of NVIDIA, has officially resigned from his position.
Blackstone backed AirTrunk seeks $11B for Andhra Pradesh data centers
AirTrunk, backed by Blackstone Inc., plans to invest $11 billion in two hyperscale data center campuses in Andhra Pradesh, aiming for a combined capacity of 1.8 gigawatts.
China and US hold trade council meeting to discuss tariffs
China and the United States held their first trade council meeting via video link, discussing tariffs and agricultural trade.
Joseph Stiglitz says AI hype bubble threatens India's coder jobs
Nobel laureate Joseph E Stiglitz warned at the Hindustan Times Leadership Summit that India's growth-driving sectors are vulnerable to an impending AI bubble burst.
Big Tech borrows $687 billion to stay competitive in AI
Global debt linked to artificial intelligence has surged to USD 687 billion, with major tech companies facing significant financial commitments as they expand AI infrastructure.
Global oil supply has returned to surplus, says IEA
The International Energy Agency (IEA) has reported a major shift in the global oil market.
Why Google, Meta, OpenAI, Anthropic are being sued in California
A group of non-profit organizations has filed a lawsuit against tech giants OpenAI, Anthropic, SpaceX's AI division, Meta Platforms, and Alphabet's Google.
NVIDIA wants Arm Holdings CEO to replace Jensen Huang
NVIDIA's board is said to be considering Arm Holdings CEO Rene Haas as a potential successor to Jensen Huang, who recently stepped down from the position amid allegations of extramarital affairs.
SoftBank sells 1.65% stake in Meesho for ₹1,885cr
Japanese investment giant SoftBank has sold its 1.65% stake in Indian e-commerce platform Meesho for ₹1,885.17 crore.
This AI agent start-up has raised $300M at $3B valuation
LangChain, a leading player in the AI agent management space, has successfully raised $300 million in its Series C funding round.
NVIDIA loses $570B after CEO Jensen Huang ousted amid allegations
Nvidia's stock plummeted 13% this week, marking its steepest decline since April 2025, following CEO Jensen Huang's ousting amid scandals and analyst downgrades.
India's October merchandise exports hit record $49.47 billion in 2026
Five major sectors, including engineering and petroleum, contributed 83% to India's record merchandise export growth in October, marking the fastest monthly increase in five years.
ICICI Bank revises premium, retail, business and corporate card fees
ICICI Bank will implement six significant changes to its credit card offerings starting November 25, 2026, affecting fees and benefits across various card categories.
Fed Vice Chair Jefferson warns inflation could force rate hikes
Federal Reserve Vice Chair Philip Jefferson emphasized that inflation is the primary factor guiding monetary policy, suggesting potential support for future interest-rate hikes.
Swiggy, Zepto and Eternal join the National Social Security Board
Swiggy, Zepto, and Eternal join a government-constituted board to discuss social security for gig workers in India's quick commerce and food delivery sectors.
Indian rupee falls to 94.24 amid oil rise to $95
The rupee weakened to 94.24 on Friday, influenced by rising oil prices which increased from $92 to $95 per barrel, exerting pressure on the currency market.
India general insurance grows 10.5% in October to ₹32,761 cr
General insurance companies in India experienced a 10.5% increase in gross direct premium income, reaching ₹32,761 crore in October.
SoftBank sells 7.64cr Meesho shares, stake falls to 5.19%
SoftBank Group has sold a 1.65% stake in Meesho for Rs 1,885 crore, reducing its holding to 5.19% as part of its ongoing portfolio monetisation strategy in India.
Verka raises milk prices by ₹2-₹4 across Punjab and Delhi-NCR
Verka has increased milk prices by ₹2 to ₹4 per litre in Punjab, adjoining areas, and Delhi-NCR, following recent hikes by Amul and Mother Dairy.
Mars aims to double India revenue beyond $1.2bn by 2030
Mars Inc. aims to make India a top-five growth market, targeting over $1.2 billion in revenue by 2030, driven by investments in snacking and pet-care sectors.
NVIDIA CEO Jensen Huang resigns as India taxes rise 11.8%
Nvidia faces turmoil amid espionage allegations; India's direct tax collections rise 11.8% year-on-year; BCCI considers adding two teams to the Indian Premier League by 2028.
Anthropic IPO as CEO Dario Amodei stresses safety and hiring
Anthropic CEO Dario Amodei emphasizes AI safety and a strict hiring culture focused on collaboration and public benefit, as the company prepares for its stock market debut.
Howard Lutnick to testify December 10 on NVIDIA export controls
US Commerce Secretary Howard Lutnick will voluntarily testify before the Senate Banking Committee regarding concerns over export controls on Nvidia's semiconductor chips.
Workday outage halts payroll and time off access for employees
Workday's widespread outage has impacted major businesses like Walmart, Target, Chipotle, and Skechers, leaving employees unable to access essential workplace functions.
India's exports up 16.66% to $568.84bn in 1st 7 months
India's exports soared 16.66% to $568.84 billion in the first seven months of 2026-27, driven by diversified manufacturing gains and strategic market access expansions.
India pivots to German solar technology after China proposed curbs
Indian solar manufacturers are exploring German technology partnerships as China proposes restrictions on solar manufacturing exports, raising concerns over supply reliability.
NVIDIA plaque at Denny's removed after CEO Jensen Huang resigned
A commemorative plaque at the Silicon Valley Denny’s, where Jensen Huang founded Nvidia, was removed following his resignation amid multiple affair allegations.
Indian banks post 20% Q2 FY2027 profit to ₹1.2L/cr
Indian banks' net profit surged 20% year-on-year in Q2FY27, driven by higher interest income and loan growth, with large public sector banks benefiting from one-time gains.
NVIDIA loses $1.3 billion backer Leo KoGuan after CEO quits
Chinese billionaire Leo KoGuan has ceased investing in Nvidia following CEO Jensen Huang's resignation amid an extramarital affairs scandal, impacting the company's stock value.
Fed survey finds AI biggest risk to financial stability
A Federal Reserve survey reveals that 87% of respondents view artificial intelligence as the top risk to the financial system, surpassing other significant dangers.
NVIDIA earnings and Anthropic IPO set to move AI stocks
The artificial intelligence sector is poised for significant developments next week, as Nvidia's earnings report and Anthropic's IPO are set to influence market dynamics.
Piyush Goyal: India aims $1tn in exports by March 2027
India is set to achieve its $1 trillion export target this fiscal year, with exports reaching $570 billion by October, according to Commerce Minister Piyush Goyal.
LangChain raises $300 million at $3B valuation in Series C
LangChain, an agent management startup, has raised $300 million in a Series C round at a $3 billion valuation, led by CapitalG with participation from notable investors.
Coca-Cola CEO Henrique Braun visits India ahead of $1B IPO
Coca-Cola's CEO Henrique Braun will visit India for three days, coinciding with the $1-billion IPO of its bottling arm, Hindustan Coca-Cola Holdings.
Vodafone Idea asks DoT to retain expiring 4G spectrum
Vodafone Idea has approached the Department of Telecommunications to renew its expiring 4G spectrum, aiming to ensure uninterrupted service for its 194.4 million subscribers.
Grasim profit nearly triples to ₹2,306cr after 33% revenue rise
Grasim Industries' profit for the September quarter nearly tripled to ₹2,306 crore, with revenue climbing 33% year-on-year to a record ₹12,747 crore.
Donald Trump bought NVIDIA stock before rescinding AI export rule
Donald Trump purchased up to $5 million in Nvidia stock before revoking a Biden-era rule, benefiting the chipmaker by allowing sales of advanced AI chips to China.
Zetwerk posts ₹88.11 cr loss as revenue hits ₹4,599.36 cr
Zetwerk's net loss increased by 43% to ₹88.11 crore in the September quarter, while revenue from operations rose 18% to ₹4,599.36 crore compared to last year.
Canada questions India at WTO over government rice for ethanol
Canada and the US have raised concerns at the WTO about India's use of publicly-held rice stocks for ethanol production, questioning its impact on food security.
Gold up 0.5% to $3,894.79 in London, faces 4.3% slide
Gold prices rose slightly after hitting a 13-month low, yet the metal remains on course for its largest weekly decline since June due to rising interest rate expectations.
Commerce Secretary Howard Lutnick faces scrutiny over Cantor Fitzgerald ties
Howard Lutnick is under scrutiny for his handling of Nvidia-related national security concerns, while his sons' firm maintains extensive ties with the chipmaker.
Sunil Bharti Mittal: $730 billion AI rush mirrors dot-com bubble
Sunil Bharti Mittal warns of an impending market correction in the AI sector, likening it to the dotcom bubble, and sees potential opportunities for India.
Reliance Industries to invest ₹1L/cr in Andhra Pradesh CBG plants
Reliance plans to invest ₹1 lakh crore in Andhra Pradesh to establish compressed biogas plants, creating over three lakh jobs and generating significant revenue for the state.
Tata Motors Passenger Vehicles reports ₹5,531 crore loss in Q2
Tata Motors Passenger Vehicles has reported a loss of ₹5,531 crore for the second quarter (Q2) of FY2026-27.
Anthropic IPO oversubscribed 6 times, existing backers to get priority
Anthropic, a leading player in the artificial intelligence (AI) sector, has seen its upcoming initial public offering (IPO) oversubscribed by nearly six times.
Black Box explores acquisitions to hit $2 billion revenue goal
Black Box Ltd, a leading tech company, expects its data center business to account for up to 30% of total revenue in the next two years.
Anthropic IPO: How Indian investors can participate
Anthropic, the AI company behind chatbot Claude, is gearing up for its stock market debut.
China warns US against imposing more chip export restrictions
China has warned the US against imposing further semiconductor export restrictions. The warning comes as the controversy surrounding NVIDIA, a leading AI chip manufacturer, continues to grow.
Paytm receives RBI's in-principle approval to resume wallet business
Paytm has received in-principle approval from the Reserve Bank of India (RBI) to restart its digital wallet business.
Burberry returns to profit on back of 'back-to-basics' strategy
Burberry, the British luxury brand, has reported a pre-tax profit of £19 million for the six months ending September 26. This marks a major turnaround from last year's loss of £48 million.
Microsoft outage disrupts markets, forcing traders to rely on phones
Microsoft's recent outage has caused widespread disruption in the global trading community, affecting major players like UBS Group AG and Workhorse Group.
India's jewelry exports jump 34% to nearly $3B in October
India's gem and jewelry sector has seen a massive jump of 34.01% year-on-year in October, hitting $2.92 billion.
Accenture offers bonuses up to 26%, freezes most salary hikes
Accenture, a global IT services company, has announced performance-linked bonuses of up to 26% for its top performers in India. The move comes as part of the November 2026 rewards cycle.
NVIDIA loses $1.6T as stock heads for sixth weekly decline
NVIDIA, once the world's most valuable company for most of this year, is facing a major market downturn.
Bharti Group rules out majority control of Eutelsat OneWeb
The Bharti Group is considering increasing its stake in Eutelsat OneWeb to around 30%, matching the French government's holding.
Dubai airport operator suspends SpiceJet check-in over ₹35.85 crore dues
Dubai Airports, which operates Dubai International Airport and Al Maktoum International Airport, has suspended check-in services for Indian airline SpiceJet due to non-payment of around 14 million UAE dirhams (approximately ₹35.85 crore).
SpaceX-Tesla merger could be announced as early as next month
SpaceX and Tesla Inc are in advanced talks to merge their businesses, Bloomberg reported.
Tech leaders react to Jensen Huang's ouster from NVIDIA
NVIDIA CEO Jensen Huang has stepped down from his position following allegations of two affairs, one with a suspected Chinese spy and another with a direct report.
Bitcoin falls to 3-month low of $68,850
Bitcoin has plunged to a near three-month low of $68,850.76 in early trading today.
'I'm a piece of sh--': Huang's final hours at NVIDIA
Jensen Huang, the co-founder and CEO of NVIDIA Corporation, has resigned from his position amid allegations of infidelity.
Who's Krishna Rao, Anthropic CFO set for ₹7,000 crore windfall?
Anthropic, the company behind Claude AI, is gearing up for its initial public offering (IPO). The AI firm is eyeing a staggering valuation of up to $1.4 trillion.
Jensen Huang agrees to testify before US Congress
Jensen Huang, the former CEO of NVIDIA, has agreed to testify before US Congress.
Trump urged Huang to retain his position as NVIDIA CEO
US President Donald Trump personally called NVIDIA CEO Jensen Huang on Tuesday, urging him to fight for his position, The New York Times reported.
Trump wants Tim Cook to take over as NVIDIA CEO
NVIDIA is on the lookout for a new CEO after Jensen Huang's resignation amid scandalous allegations, including one involving a suspected Chinese spy.
Jensen Huang often belittled the woman now leading NVIDIA
Before his sudden exit from NVIDIA, CEO Jensen Huang and CFO Colette Kress had a rocky relationship.
Jensen Huang reportedly had a 3rd extramarital affair
Jensen Huang, the former CEO of NVIDIA, was involved in an intimate relationship with a second employee at the company, Reuters reported
Samsung eyes $6B company that keeps AI data centers cool
Samsung Electronics is said to be in talks to acquire Modine Manufacturing Company, a US-based specialist in data center cooling systems.
Who is Colette Kress, NVIDIA's new CEO?
NVIDIA has appointed Colette Kress as its interim CEO after Jensen Huang's sudden resignation today.
NVIDIA shares plunge 12% as Jensen Huang resigns
NVIDIA's shares have taken a major hit, falling by 12% in pre-market trading, after CEO Jensen Huang announced his resignation.
Jensen Huang resigns as NVIDIA CEO amid scandals
NVIDIA has announced a major leadership change with the resignation of its long-time President and CEO, Jensen Huang. The decision is effective immediately.
Haldiram's kicks off $1B IPO preparations, eyes $10B valuation
Haldiram Snacks Food, a leading manufacturer of traditional Indian sweets and snacks, has kicked off the process for its initial public offering (IPO).
Noel Tata steps down from Tata Investment
Noel Tata has stepped down as the chairman of Tata Investment Corporation, a position he held for 16 years.
Kia's $2B investment in Andhra plant to create 12,000 jobs
Kia has announced its plan to invest around $2 billion in a new manufacturing facility in Andhra Pradesh.
India's stock market becomes 5th-largest, surpasses Taiwan
India's stock market has reclaimed its position as the world's fifth-largest, surpassing Taiwan.
Why replacing Jensen Huang as NVIDIA CEO won't be easy
NVIDIA, the world's most valuable company until recently, is facing a leadership crisis.
India's inflation jumps to 6.09%, breaches RBI's upper limit
India's retail inflation surged to 6.09% in October, up from September's 5.54%.
Adani seeks $2.5B loan to refinance Ambuja, ACC acquisition debt
The Adani Group is in talks with a consortium of international banks, including MUFG, Barclays Bank, and Sumitomo Mitsui Banking Corporation (SMBC), to raise a $2.5 billion loan facility.
Andhra Pradesh to sign 303 MoUs worth ₹9.89 lakh crore
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced that the state will sign 303 memoranda of understanding (MoUs) worth ₹9.89 lakh crore at the CII Partnership Summit.
Paytm's UPI market share rises just 1% in 2 years
Paytm has witnessed a one percentage point increase in its market share over the last two years.
Ola Electric's revenue falls by 39% in Q2
Ola Electric, one of India's leading electric vehicle manufacturers, has reported a 39% year-on-year decline in its revenue for the second quarter of FY27.
AI will create more jobs than it displaces: Gartner
A recent report by Gartner has predicted that artificial intelligence (AI) will create more jobs than it displaces by 2030.
NVIDIA shares are down 29%: Is it time to buy?
NVIDIA, the leading AI chipmaker, has been hit by a storm of market conditions.
NVIDIA's biggest server maker beats estimates with 34% profit jump
Foxconn, the world's largest contract electronics manufacturer, has reported a 34% increase in its third-quarter profit.
Amazon, Google could make over $400 billion from Anthropic IPO
Anthropic, the company behind Claude AI, is gearing up for a massive initial public offering (IPO) that could raise $64 billion.
ITC hikes Gold Flake cigarette prices by ₹10
ITC Ltd has hiked the price of its Gold Flake Premium cigarettes by ₹10 per pack.
Alice Huang back in Beijing as Jensen Huang scandal deepens
Alice Huang, a former executive at a Singapore-based data center company and the woman at the center of NVIDIA CEO Jensen Huang's cheating scandal, is believed to have returned to China.
Musk says it would be honor to hire Jensen Huang
Elon Musk, the founder of SpaceX and CEO of Tesla, has expressed his willingness to hire embattled NVIDIA CEO Jensen Huang.
Meta's longtime infrastructure head to leave company
Meta's long-serving head of infrastructure and co-head of engineering, Santosh Janardhan, is leaving the company. The news was confirmed by Meta to TechCrunch.
Who could replace Jensen Huang as NVIDIA CEO?
NVIDIA's CEO Jensen Huang is facing a possible ouster, with his odds of survival at just 30%.
House Republicans consider subpoena for NVIDIA CEO over China ties
House Republicans are considering a subpoena against NVIDIA CEO Jensen Huang.
NVIDIA shares crash 10% as board considers Jensen Huang's ouster
Shares of NVIDIA plunged as much as 10% in after-hours trading following reports surrounding CEO Jensen Huang's personal conduct and potential leadership shakeups.