Business News
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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).
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.
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.
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.
Global economy to grow at 3.3% in 2026: IMF
The International Monetary Fund (IMF) has projected a resilient global economic growth of 3.3% in 2026 and 3.2% in 2027.
Delhi HC scraps income tax reassessment notices to NDTV founders
The Delhi High Court has slammed the Income Tax Department for "harassment" of NDTV founders Prannoy Roy and Radhika Roy.
Real estate sector urges tax reforms in Budget 2026
Ahead of the Union Budget 2026, real estate stakeholders are pushing for tax reforms and increased government funding.
Reliance Jio IPO: What's holding up India's biggest-ever public listing
Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is gearing up for the much-anticipated public listing of Jio Platforms.
Why IndiGo shares are up 4% despite DGCA's ₹22cr fine
IndiGo's shares rose by 4% today, despite the airline being slapped with a ₹22 crore fine by the Directorate General of Civil Aviation (DGCA) over flight cancellations last month.
Budget 2026: Fertilizer industry urges duty cuts and GST relief
The Fertiliser Association of India (FAI) has proposed reforms in the Union Budget for 2026-27.
Shares of electronics manufacturers crash 50%: Good time to buy?
Shares of top electronics manufacturing services (EMS) companies in India have witnessed a major correction.
Tech Mahindra among top AI adopters globally: World Economic Forum
Indian IT giant Tech Mahindra has been recognized for its pioneering work in artificial intelligence (AI) adoption.
Punjab National Bank's Q3 profit rises 12% to ₹5,190cr
Punjab National Bank (PNB), the government-owned lender, has announced an 11.6% year-on-year (YoY) growth in its consolidated net profit for the December quarter of FY26.
Reliance says quick commerce, FMCG ventures are now turning profitable
Reliance Industries has announced that its two major consumer-focused businesses, quick commerce and fast-moving consumer goods (FMCG), have started generating positive cash flow.
Will Budget 2026 ease TDS rules for NRI property sales?
Non-resident Indians (NRIs) selling property are facing significant financial challenges due to the current tax regulations.
What is EU's 'trade bazooka' against Trump's new tariff threat?
US President Donald Trump's renewed interest in acquiring Greenland has sparked a major trade confrontation with the European Union (EU).