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Crypto sips spread beyond metros with over ₹51,000cr invested 2024-25
Millennials from Tier-II and Tier-III cities are driving the rapid adoption of crypto Systematic Investment Plans (SIPs), showcasing disciplined, long-term investment behavior.
iBRICS summit in Delhi next week: What's on the agenda
The first-ever iBRICS Summit will be held in New Delhi on September 12 and 13.
Foxconn's monthly sales soar 52% on AI server demand
Hon Hai Precision Industry Co. better known as Foxconn, has reported a whopping 52% increase in its monthly sales.
JCR upgrades India to A- after 7.8% June quarter growth
India’s 7.8% GDP growth in the June quarter prompted Japan Credit Rating Agency (JCR) to upgrade India’s sovereign rating from BBB+ to A-, signaling stronger creditworthiness.
Tata Motors offers €14.10 a share in €3.82bn Iveco buyout
Tata Motors has launched a €14.1-per-share cash tender offer to acquire and delist Italy's Iveco Group, valuing the commercial vehicle maker at €3.82 billion.
U.N. FAO reports global food prices highest since November 2022
Global food prices rose 1.9% in August, reaching their highest level since late 2022, driven by extreme weather, geopolitical tensions, and disrupted trade routes, says the UN FAO.
NoPaperForms files ₹375 cr IPO fresh issue with SEBI
NoPaperForms Solutions Ltd has filed updated draft papers with SEBI for an IPO, aiming to raise ₹375 crore through a fresh issue alongside an offer for sale of 3.84 crore shares.
CDs are making comeback as retro tech craze gains momentum
In an unexpected turn of events, the Recording Industry Association of America (RIAA) has confirmed a major resurgence in CD sales. The trend comes as part of a larger revival of retro technology.
11 IPOs worth over ₹7,000cr opening for subscription next week
The primary market is gearing up for a busy week, with 11 initial public offerings (IPOs) worth over ₹7,000 crore set to open for subscription between September 7 and September 10.
Why CBI filed an FIR against Subhash Chandra, 3 others
The Central Bureau of Investigation (CBI) has filed an FIR against Essel Group Chairman Subhash Chandra and three others.
India's forex reserves soar $11.5B to all-time high of $741B
India's foreign exchange reserves have witnessed a massive jump of $11.47 billion, hitting a new record high of $740.8 billion as of August 28.
KPMG: 30% productivity rise could power India manufacturing output
A KPMG report highlights that a 30% workforce productivity improvement could contribute nearly 35% to India's future manufacturing output, driving sustained sector growth.
Who will be the next chairman of Tata Sons?
The race for the next chairman of Tata Sons has narrowed down to three candidates, according to PTI.
LIC can now acquire 9.99% stake in ICICI Bank
The Reserve Bank of India (RBI) has approved Life Insurance Corporation of India's (LIC) proposal to acquire up to 9.99% of ICICI Bank's share capital.
Why RBI's ₹7L crore VRRR auction on Monday matters
The Reserve Bank of India (RBI) has announced that it will conduct a ₹7 lakh crore variable rate reverse repo (VRRR) auction on September 7.
Bitcoin falls below $80,000 mark: Here we decode why
Bitcoin's recent surge above the $80,000 mark has been cut short by stronger-than-expected US jobs data.
Indian household spending rises nearly 6% to ₹169L/cr in 2024-25
Household spending in 2024-25 saw a notable rise in non-essential goods and services, with alcoholic beverages, tobacco, and personal care leading growth.
FPIs put over $3.2bn into Indian stocks despite 1%+ decline
Foreign investors poured $3.2 billion into Indian equities in August, with Consumer Services, Financial Services, and Healthcare leading the inflow momentum.
Hon Hai sales jump 52% in August on AI demand
Hon Hai Precision Industry Co. reported a 52% rise in August sales, driven by surging global demand for AI servers and data center infrastructure amid the cloud computing boom.
CBI files ₹1,322cr fraud case against Subhash Chandra, 3 others
The CBI has filed an FIR against Essel Group chairman Subhash Chandra and three others over an alleged Rs 1,322-crore LIC Housing Finance fraud.
Victoria Beckham brand posts 1st operating profit of £7.3m
Victoria Beckham potrzebowała 18 lat, by jej firma modowo-kosmetyczna zaczęła przynosić zyski, osiągając w 2025 roku operacyjny dochód 7,3 mln funtów.
Rentomojo opens IPO Sept 9-11, plans ₹150cr fresh, ₹1,105.6cr OFS
Rentomojo’s IPO promises substantial returns, with early investors earning up to 152X through the Offer for Sale (OFS) at an upper price band of Rs 404 per share.
Anthropic delays IPO marketing as $2 trillion valuation talks build
Anthropic, a prominent player in the artificial intelligence (AI) space, has pushed back its initial public offering (IPO) timeline, acording to Reuters.
Tata Sons narrows successor shortlist as N. Chandrasekaran's term ends
Tata Sons has shortlisted T V Narendran, Saurabh Agrawal, and Ashish Chauhan as potential successors to Chairman N Chandrasekaran, with Chauhan emerging as an unexpected contender.
ED arrests Imran Basha, Hitesh Kumar in ₹40cr crypto fraud
The Enforcement Directorate (ED) arrested two individuals for allegedly orchestrating the ₹40-crore HashPe cryptocurrency fraud and laundering investor funds.
LIC's RBI nod allows up to 9.99% ICICI Bank stake
The Reserve Bank of India has authorized Life Insurance Corporation to acquire up to 9.99% of ICICI Bank's share capital, with the approval valid for one year.
Shein raises $1.74B in Hong Kong IPO, plans Everlane purchase
Shein aims to revive stalled sales growth by acquiring brands like Everlane, leveraging its efficient supply chain and expanding its platform business model.
Indian startups pulled in $303.7 million, a 39% weekly jump
Indian startups raised $303.7 million across 24 deals, marking a 39% weekly funding surge. The week also saw four mergers, two shutdowns, and 250 layoffs.
Nscale plans US IPO, seeks $3.5B ahead of public listing
Nscale, a UK-based artificial intelligence (AI) infrastructure start-up launched just two years ago, is gearing up for an initial public offering (IPO) later this month.
Why OpenAI, Microsoft have been sued by Seattle Times, Newsday
The Seattle Times and Newsday have filed a lawsuit against OpenAI and Microsoft, alleging copyright infringement.
Krafton to invest another $250M in India, diversifying beyond gaming
Krafton, the South Korean gaming giant behind popular titles like PUBG and Battlegrounds Mobile India (BGMI), has announced plans to invest an additional $250 million in India over the next three to four years.
SEBI intervention lifts Indian capital market stocks after CAS disruption
Capital market stocks surged as Sebi's circular addressing CAS-linked settlement concerns boosted trader confidence, with the Nifty Capital Markets index closing 1% higher.
India to host 1st-ever iBRICS Summit in New Delhi
India will host the inaugural iBRICS Summit in New Delhi, connecting sovereign capital with infrastructure, energy, and digital projects across 21 BRICS nations and partners.
XDOF reportedly raising Series B at $1.2B valuation from 8VC
XDOF, a robotics data startup founded in 2024, is negotiating a Series B funding round led by 8VC, just months after raising $70M in its Series A.
Anthropic delays IPO until late September amid $15 billion credit
Anthropic has delayed its IPO prospectus release to late September, with marketing expected by mid-October, potentially leading to a listing before the US midterm elections.
Nscale plans $3.5B pre-IPO raise with $1.5B convertibles, $2B NVIDIA
British AI infrastructure firm Nscale plans to raise $3.5 billion in pre-IPO financing, including $1.5 billion in convertible notes and $2 billion from Nvidia.
US stocks slip as August jobs raise Fed rate odds
US stocks dropped Friday as a robust jobs report heightened expectations of a Federal Reserve rate hike, while elevated oil prices added inflationary pressure.
Bitcoin falls 3.5% to $78,649 after strong US jobs report
Bitcoin fell 3.5% to $78,649 after robust US jobs data fueled speculation of a September Federal Reserve rate hike, reversing its recent climb above the $80,000 mark.
India signed 8 FTAs boosting exports across electronics and agriculture
India's eight new FTAs unlock duty-free access to global markets, boosting export opportunities in electronics, agriculture, and gems and jewellery sectors significantly.
NSE's ₹30,000cr IPO gets SEBI nod
The Securities and Exchange Board of India(SEBI) has approved the initial public offering (IPO) of the National Stock Exchange (NSE).
Coca-Cola, PepsiCo packaging supplier eyes ₹1,500cr IPO
Chemco Plastic Industries, a leading supplier of plastic packaging products to major companies like Coca-Cola and PepsiCo, is gearing up for an initial public offering (IPO) worth ₹1,500 crore, according to Moneycontrol.
Kenya tells Tata Chemicals to pack up and leave
Tata Chemicals, one of India's leading chemical manufacturers, has been ordered to leave Kenya by President William Ruto.
Telcos oppose TRAI's proposed 5G network slicing rules
Leading telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea have opposed the Telecom Regulatory Authority of India's (TRAI) proposed quality of service (QoS) regulations for 5G network slicing.
South Korea, US negotiate chip investments as tariff concerns grow
South Korea and the US are in talks over semiconductor investments in the US, a Seoul official said on Friday.
BSE shares jump 5% as SEBI reviews derivative settlement rules
The Bombay Stock Exchange (BSE) witnessed a nearly 5% surge in its share price to ₹3,474 during today's market session.
ESDS Software shares hit 112% gain after blockbuster debut
ESDS Software Solution's shares made a stellar debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today.
Payment aggregators seek RBI's extension on merchant re-KYC deadline
Payment aggregators have requested the Reserve Bank of India (RBI) to extend the September 15 deadline for merchant re-KYC.
Anthropic seeks $15B debt arrangement ahead of IPO
Anthropic, an artificial intelligence (AI) firm and the creator of the Claude chatbot, is in the final stages of securing a $15 billion pre-initial public offering (IPO) credit facility, according to Bloomberg.
Oura, maker of popular smart rings, files for IPO
Oura, the Finnish company known for its innovative smart rings, has filed for an initial public offering (IPO). The move comes as a major milestone in the company's journey since its founding in 2013.
Who is Anil Chakravarthy, Adobe's new CEO?
Adobe has announced the appointment of Anil Chakravarthy as its new president and chief executive officer (CEO). The move comes as the company prepares for a new era in the software industry, driven by artificial intelligence (AI).
Sensex rises nearly 550 points as IT stocks lead gains
India's stock market opened on a positive note today, with the Sensex gaining over 500 points in early trade.
Data center developer Crusoe raises $3B at $30B valuation
Crusoe, a leading data center developer and client of tech giants like Meta, Microsoft, and OpenAI, has raised $3 billion in its latest funding round.
Volkswagen to cut 100,000 jobs by 2030
Volkswagen, the German automotive giant, has announced plans to cut 100,000 jobs by the end of this decade.
NVIDIA buys Hugging Face for $13B
NVIDIA has announced its decision to acquire Hugging Face for $12.93 billion.
Swiggy's CREW can plan, book and manage your entire trip
Swiggy has expanded its premium concierge platform CREW into the travel sector. The new service is a dedicated personal travel concierge that plans, books and curates entire journeys with on-site assistance.
Sensex's wild 2,100-point swing: What happened during CAS?
The Bombay Stock Exchange's (BSE) benchmark index, Sensex, witnessed a major fall on September 3. The index closed at 76,152.86, down by 417.49 points or 0.55%.
Google co-founder's $450M superyacht takes hours to refuel
Google co-founder Sergey Brin's superyacht, Dragonfly, is so massive that it can't be refueled at regular marinas.
New Zealand to make Indian exports duty-free next month
The India-New Zealand Free Trade Agreement (FTA) will come into effect from next month.
SpiceJet plans comeback with 20 aircraft, 200 daily flights
SpiceJet has announced its plan to add 20 aircraft into its fleet by mid-November.
India to finalize US trade deal after getting preferential edge
Commerce and Industry Minister Piyush Goyal has said that India will finalize its proposed trade deal with the US once Washington provides a preferential tariff advantage to Indian exporters.
Indian rupee hits 2-month high at ₹94.3 per USD
The Indian rupee opened on a strong note today, hitting a two-month high.
BSE shares jump 4.5% as NSE cannot self-list after IPO
BSE's shares surged by 4.5% today, following comments from the exchange's MD and CEO Sundararaman Ramamurthy.
Amazon, Meesho to create 11.6L seasonal jobs amid festive rush
As India's festive season approaches, e-commerce giants Amazon and Meesho are ramping up their hiring efforts.
Tata Trusts gets relief as regulator closes share transfer complaint
Tata Trusts has received a major relief from the Maharashtra Charity Commissioner, allowing it to continue its operations and search for a new chairman.
Syed Akbaruddin, a former diplomat appointed as part-time RBI director
Former Indian diplomat Syed Akbaruddin has been appointed as a part-time non-official director on the Central Board of the Reserve Bank of India (RBI).
Netherlands moves 86 tons of gold from US, Canada
The Dutch central bank (DNB) has shifted 86 tons of gold from the US and Canada to London. The transfer took several months and was prompted by "increasing geopolitical unrest."
ByteDance secures $30B loan amid AI spending push
ByteDance, the Chinese tech giant behind TikTok, has bagged a massive $29.6 billion loan. The move marks Asia's second-largest dollar-denominated borrowing this year.
Drivers, riders stranded mid-trip after Uber abruptly exits Nigeria, Uganda
Ride-hailing giant Uber triggered widespread chaos across Nigeria and Uganda after switching off operations with immediate effect on Wednesday, reportedly stranding drivers and passengers mid-journey.
Boeing fined $3.1M by US aviation regulator over safety violations
Boeing has been slapped with a $3.1 million fine by the US Federal Aviation Administration (FAA) for a series of safety violations.
India's services growth picks up but stays near 4-year low
India's services sector witnessed a minor uptick in August, according to the latest Purchasing Managers' Index (PMI) data from S&P Global.
7.8% or 2.6%? What is behind India's GDP data controversy
The Indian government has clarified the revisions to its Gross Domestic Product (GDP) estimates, following a claim by former Finance and Economic Affairs Secretary Subhash Chandra Garg.
Trump imposes 100% tariffs on foreign-made drones
The United States has imposed new tariffs of up to 100% on drones and certain components. The move is part of Washington's effort to reduce its reliance on imports in an industry dominated by China.
PayPal lays off 600 employees in India
PayPal has laid off around 600 employees in India as part of a global workforce restructuring to cut costs.
Trump supports OpenAI in copyright fight with New York Times
The Trump administration has contributed a 20-page brief in support of OpenAI, the company behind ChatGPT.
Tata Sons to invest over ₹10,000cr in Air India
Tata Sons' board has approved a capital infusion of over ₹10,000 crore into Air India. This is one of the largest investments in the airline since its ₹18,000-crore acquisition in 2021.
Google doesn't have to sell off its ad tech business
A US District Court judge has rejected the Justice Department's request for Alphabet Inc. to sell off its advertising exchange, AdX.
Zerodha's merchant banking license approved by SEBI: What's next?
Indian stock brokerage firm Zerodha has received approval from the Securities and Exchange Board of India (SEBI) to enter the merchant banking sector.
Uber is firing 10% of its global workforce
Uber has announced a massive restructuring plan that will see around 3,300 jobs, or 10% of its global workforce, being cut.
NIACL, IFCI shares jump 12% on NSE IPO buzz
The National Stock Exchange (NSE) is reportedly gearing up to launch its initial public offering (IPO) this month.
You can now watch micro-dramas on the Flipkart app
Walmart-owned Flipkart is launching a new feature on its app, introducing micro-dramas.
Why India's LPG consumption hit 6-month high in August
India's liquefied petroleum gas (LPG) consumption hit a six-month high in August 2026, according to official data.
India's soyoil imports touch record high: What's the reason?
India's edible oil imports surged in August, with soyoil hitting a record 601,000 tons and palm oil reaching a six-month high.
Why Japan has upgraded India's sovereign credit rating to 'A-'
The Japan Credit Rating Agency (JCR) has upgraded India's sovereign credit rating by one notch to 'A-' from 'BBB+.'
Flipkart loses 2 more VPs
Walmart-backed e-commerce giant Flipkart has witnessed another round of senior-level exits, with two Vice Presidents (VPs) resigning from their positions.
Cognition AI to raise $1B at $47B valuation
Cognition AI, an artificial intelligence coding start-up, is on the verge of closing a new funding round that could push its valuation to around $47 billion.
Amul is now strongest dairy brand in the world
Amul has been named the world's strongest dairy brand by Brand Finance, a brand valuation consultancy.
This data center operator is planning $1.5B IPO in India
Yotta Data Services, a leading data center operator backed by the Hiranandani Group, is gearing up for an initial public offering (IPO) in the January-March quarter of 2027.
Taiwan's companies to invest another $20B in US
Taiwanese companies are planning to invest an additional $20 billion in the United States, driven by the growing demand for artificial intelligence (AI) applications.
NCLAT to hear Subhash Chandra's insolvency case on October 7
The National Company Law Appellate Tribunal (NCLAT) has postponed the insolvency proceedings against Zee Entertainment Enterprises founder Subhash Chandra to October 7.
When will Tata Sons announce its next chairman?
The search for a new Chairman of Tata Group has hit a snag due to regulatory hurdles.
Axis Bank now lets you set personal UPI transaction limits
Axis Bank has launched a new feature, called UPI Limit Management, that lets customers set their own transaction limits for different categories of Unified Payments Interface (UPI) transactions.
Deepa Jewellers IPO fully subscribed, GMP points to 23% gain
The initial public offering (IPO) of Deepa Jewellers has been fully subscribed on the second day of bidding.
Sensex tanks over 600 points: What's behind today's deline?
India's benchmark equity indices fell sharply on Wednesday, mirroring the trend in global markets.
Oil prices soar to $96 as US-Iran tensions escalate
Oil prices climbed on Wednesday amid escalating Middle East tensions following recent US strikes on Iranian targets and reported retaliatory action by Tehran against US allies.
Apple's new CEO John Ternus gets $58M pay package
Apple has announced the pay packages for its new CEO, John Ternus, and executive chairman, Tim Cook.
India's current account deficit in Q1 FY27 surges to $4.2B
India's current account deficit (CAD) widened to $4.2 billion in the first quarter of FY27, up from $3.4 billion during the same period last year.
Meet Bombay Creamery, Reliance's answer to Kwality Wall's ice cream
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Industries Limited, has launched a new ice cream brand called Bombay Creamery.
Whatfix's co-founder and CEO Khadim Batti passes away at 49
Khadim Batti, the co-founder and CEO of Whatfix, has passed away at the age of 49 due to cardiac arrest.
India's bank unions are planning a strike on September 11
The United Forum of Bank Unions (UFBU), which claims to represent over 90% of the banking workforce in India, has announced a nationwide strike on September 11.