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NSE to list September 24 after ₹22,569cr IPO valuing ₹4.42Lcr
NSE's reliance on options, contributing 60% of its operating revenue, faces scrutiny as regulatory changes impact volumes and competition from BSE intensifies ahead of its listing.
KAS Group targets ₹2,500 cr order book in 3 years
KAS Group aims to expand its order book from ₹500 crore to ₹2,500 crore in three years, driven by rising demand for semiconductor and advanced manufacturing equipment in India.
On Monday FIIs sold ₹576.20cr while DIIs bought ₹2,797.27cr
Foreign institutional investors sold Indian equities worth ₹576.20 crore on Monday, while domestic institutional investors purchased shares worth ₹2,797.27 crore.
Gold ETFs draw $4.24bn in 9th consecutive week, US $2.21bn
Gold exchange-traded funds (ETFs) have experienced positive inflows for nine consecutive weeks, with US investors contributing $2.21 billion in the week ending September 18.
Microsoft opens Hyderabad cloud region, 4th India region for AI
Microsoft is actively expanding its data centre footprint, with India President Puneet Chandok highlighting ongoing efforts to meet rising demand for cloud and AI infrastructure.
EPFO reminds members to update KYC before withdrawing funds
Updating your KYC details, including Aadhaar, PAN, and bank account information, on the EPFO portal is crucial to avoid issues when withdrawing your provident fund.
RBI sells 25,000 cr government bonds to absorb bank liquidity
The Reserve Bank of India sold ₹25,000 crore in government securities to absorb excess banking liquidity, with total bids reaching ₹84,982 crore, indicating strong investor demand.
Taiwan kicks off Kaohsiung advanced packaging park construction for AI
Taiwan initiated construction on a new advanced packaging industrial park in Kaohsiung, where TSMC plans to establish technology validation and talent training facilities by 2029.
RBI nets $143.5 billion from FCNR(B) window and borrowings
The Reserve Bank of India secured $133 billion through the FCNR-B window, surpassing expectations and enhancing foreign-exchange liquidity amid global financial uncertainty.
Why Tata Trusts and Tata Sons are having a clash
The ongoing conflict between Tata Trusts and Tata Sons over N Chandrasekaran's reappointment as chairman has escalated into a legal battle.
Microsoft commits $20.5B to build sustainable AI infrastructure in India
Puneet Chandok, President of Microsoft India and South Asia, believes India's expanding data-centre capacity and AI ecosystem could set a benchmark for Asia and the Global South.
Oct 15 P2M UPI over ₹2,000 faces 0.4% MDR 18%GST
The GST Council is set to discuss potential tax relief on UPI merchant discount rates for small, unregistered businesses during its meeting on October 7.
NPCIL begins groundwork at Rawatbhata Rajasthan for RAPP-9 and RAPP-10
NPCIL has initiated geotechnical investigations for two new 700 MW reactors at Rawatbhata, aiming to expand India's nuclear capacity as part of a broader energy strategy.
RBI eases KYC rules for FPIs: How it affects you
The Reserve Bank of India (RBI) has simplified the know your customer (KYC) process for foreign portfolio investors (FPIs) at rural and urban co-operative banks.
Strategy buys 950 bitcoins for $75.7 million using stock sale
Strategy acquired 950 BTC for $75.7 million last week, marking its first purchase since late August, funded by selling $80.1 million in common stock.
India's exports to China jump almost 40% led by electronics
India's exports to China surged nearly 40% in five months, driven by electronics and engineering goods, as Indian manufacturers seek a larger role in global supply chains.
India's core industries growth slows to 4.8% in August
India's core sector growth fell to a three-month low of 4.8% in August, with contractions in coal, natural gas, and fertiliser production.
Microsoft evaluates new data centers across northern and western India
Microsoft is considering expanding its data-centre footprint in northern and western India to meet increasing AI infrastructure demand.
Kerala probes Malabar Milma over ₹27.45L Kasaragod plant loss
The Department of Dairy Development has initiated proceedings against Malabar Milma following an inspection that revealed significant financial and administrative lapses.
Nirmala Sitharaman meets Jamie Dimon at JPMorgan India Investor Conference
Finance Minister Nirmala Sitharaman met JPMorgan CEO Jamie Dimon in Mumbai during the JPMorgan India Investor Conference, discussing opportunities in India's growing economy.
SEC tokenized US stocks approval fuels Bitcoin 44% Q3 rally
Bitcoin has surged 44% in the third quarter, marking its best performance since late 2024 and fueling speculation of a potential full-blown crypto bull market.
ONGC discovers natural gas off Konark in Samudra Manthan campaign
ONGC announced a significant gas discovery at the deepwater well MN-DW18-1-H-D in the Mahanadi Offshore Basin, enhancing India's hydrocarbon resource base.
PFRDA launches NPS Swasthya combining retirement savings and health insurance
NPS Swasthya integrates retirement savings with healthcare benefits, offering a dedicated investment account and mandatory super top-up health insurance for eligible individuals.
Oil prices fall as US and Iran consider diplomatic talks
Oil prices dropped to their lowest in 11 days as hopes for US-Iran diplomacy rose and Saudi Arabia increased oil shipments through the Strait of Hormuz, easing supply concerns.
ECB launches Pontes to settle blockchain transactions in official euros
The European Central Bank has launched Pontes, a service connecting its payment system to blockchain markets, allowing euro settlements and investing in digital securities.
AITUC urges government to raise EPF wage cap to ₹30,000
The All India Trade Union Congress (AITUC) urges the government to increase the EPF wage ceiling to ₹30,000, arguing that the current ₹25,000 limit is insufficient.
India and New Zealand FTA takes effect Oct 20 2026
The India-New Zealand Free Trade Agreement, effective October 20, offers zero-duty access for Indian exports and includes a $20 billion investment commitment from New Zealand.
Indian-origin founders built 205 unicorns outside India valued $560B
Indian-origin founders have established 205 unicorns abroad, generating approximately $560 billion in value, according to the Indian Diaspora Index by Prosus and Dealroom.
Bitcoin jumps to $84,984 after $746.6 million liquidations over 24 hours
Bitcoin surged to $84,984, driven by a short squeeze that liquidated $648 million in bearish bets, as open interest rose 7.59% to $156 billion.
Stellantis completes buyout of India JV, acquires Tamil Nadu plant
Stellantis India has acquired the remaining equity stake from CK Birla Group in its joint venture, gaining full control over the Thiruvallur car assembly facility in Tamil Nadu.
Wrogn revenue up 9% to ₹244cr, losses rise 17%
Wrogn, a menswear brand backed by Virat Kohli, reported a 9% revenue increase to Rs 244 crore in FY26, while its losses widened by 17% during the same period.
Iran and Ukraine conflicts push US diesel above $6
A global diesel shortage, exacerbated by conflicts in Iran and Ukraine, has led to depleted inventories and soaring prices, with relief unlikely before 2027.
India's refiners reassess November Russian crude amid US tariff threat
India's oil refiners may reduce Russian crude purchases for November, as new US sanctions threaten tariffs on countries importing Russian energy, including India.
SP Group seeks ₹25,000 cr from selling Tata Sons stake
Rule 11UA prescribes a method for calculating the fair market value of unlisted shares, which SP Group proposes to use for monetizing its stake in Tata Sons.
V Anantha Nageswaran urges growth to benefit workers and businesses
Chief Economic Adviser V Anantha Nageswaran emphasizes that India's economic growth must be fairly shared between workers and businesses for meaningful transformation.
Intel CEO Lip-Bu Tan warns HBM shortage threatens AI progress
Intel CEO Lip-Bu Tan identifies memory shortages as the primary challenge for companies building AI infrastructure, with prices soaring and relief not expected until 2028.
Bitcoin climbs above $84,000 after SEC exempts tokenized stock trading
Bitcoin surged past $84,000, driven by positive regulatory developments including an SEC exemption for tokenized-stock trading and new CFTC proposals, enhancing market sentiment.
Paramount plans $1.5B California investment in $81B Warner merger
Paramount is considering a $1.5 billion investment in California as part of settlement negotiations to facilitate its $81 billion merger with Warner Bros., amid legal challenges.
Rajiv Kumar urges government to keep UPI 0-fee, boost adoption
Former NITI Aayog VC Rajiv Kumar urges the government to maintain zero-fee UPI transactions, emphasizing their role as a public good with significant benefits.
Nothing makes CMF an Indian company, targets 100M phones
Nothing, the consumer electronics brand founded by Carl Pei, is spinning off its CMF sub-brand into a separate entity in India.
Starbucks to set up 1st corporate tech hub outside US
Starbucks Corporation, a global coffee retail giant, is all set to establish a Global Capability Center (GCC) in Tamil Nadu.
Jamie Dimon visits Mumbai to expand JPMorgan's India business presence
Jamie Dimon, CEO of JPMorgan Chase, visits India to attend an investment conference as the bank intensifies its efforts in the booming Indian market.
Adroit Industries (India) launches ₹151cr IPO offering 1.12cr shares
Adroit Industries (India) plans to raise ₹151 crore through an initial public offering, issuing 1.12 crore equity shares with a price band of ₹126 - ₹134 per share.
Indian banks receive $127 billion from overseas Indians via scheme
Indian banks have secured USD 127 billion through a special deposit scheme, significantly enhancing liquidity and funding stability, according to S&P Global Ratings.
Volkswagen, Indian customs in $1.4B dispute at Bombay High Court
The Bombay High Court will restart hearings on Volkswagen's $1.4 billion tax dispute with Indian authorities from October 21, following a decision to re-argue the case.
Trump calls AI warnings a 'hoax' amid Micron Dell trades
The Trump family has significant financial stakes in AI-related industries, while President Trump dismisses expert warnings about the technology's potential dangers.
Gold and silver fall in India after hawkish Fed remarks
Gold futures fell ₹773 per 10 grams, while silver dropped ₹2,024 per kg on Monday due to softer spot demand and shifts in market positioning amid global economic factors.
India and Canada set for 5th trade talks October 5
India and Canada will begin the fifth round of Comprehensive Economic Partnership Agreement negotiations on October 5, while India expects to finalize its EU trade pact next month.
India's crude oil import bill jumps 48% to nearly $75B
India's crude oil import bill has witnessed a massive 48% jump, hitting $74.8 billion during the April-August period.
Nifty could climb to 27,000 by January, says JPMorgan
JPMorgan's Rajiv Batra has predicted that the Nifty index could reach around 27,000 by the end of January.
STOXX 600 and DAX rise as tech leads, oil falls
European shares climbed, driven by technology stocks, as declining oil prices alleviated inflation concerns and enhanced investor risk appetite.
NSE IPO GMP drops to 3% on final subscription day
The National Stock Exchange (NSE) of India is gearing up to debut on the stock market with its ₹22,561.57 crore initial public offering (IPO).
Misusing SIM cards? You can be jailed for 3 years
The Department of Telecommunications (DoT) has issued a stern warning to mobile users about the potential legal consequences of SIM card misuse.
This gas distribution company wants to raise ₹3,100cr via IPO
GAIL Gas Limited has started the process of appointing investment banks for an initial public offering (IPO) that could raise up to ₹3,100 crore, as per Mint.
India-New Zealand FTA to come into effect on October 20
The India-New Zealand Free Trade Agreement (FTA) will come into effect on October 20, after both countries completed the necessary domestic procedures to ratify it.
YuVerse launches 4 AI products in Mumbai to streamline workflows
YuVerse launched four AI products at Global Fintech Fest 2026, showcasing its "last-mile AI" approach to enhance operational processes in financial services.
Tata shares tumble after N Chandrasekaran reappointed, RBI denies stay
Most Tata Group stocks declined on Monday as a leadership dispute between Tata Trusts and Tata Sons intensified, raising concerns over governance and future listing plans.
FTA between India and New Zealand formalized, effective October 20
India and New Zealand have ratified their Free Trade Agreement, set to take effect on October 20, 2026, eliminating tariffs on numerous goods between the two nations.
Biocon Biologics gets positive CHMP opinion for Pebrilzo HER2 biosimilar
Biocon Biologics has secured a positive recommendation from the EMA's CHMP for its Pertuzumab biosimilar, Pebrilzo, aimed at treating HER2-positive breast cancer.
Xi Jinping US visit: Rare-earth magnets could be in focus
Chinese President Xi Jinping is set to embark on a three-day official visit to the US, his first in over a decade.
JPMorgan's Ankur Rudra says India IT comeback delayed to FY29
The Indian IT services sector faces delayed growth recovery until FY29 due to AI-driven pricing pressures and ongoing macroeconomic uncertainties affecting discretionary spending.
GAIL Gas hires bankers for ₹3,100cr IPO bids expected October
GAIL Gas Ltd has started appointing investment banks for its upcoming IPO, aiming to raise up to ₹3,100 crore as part of India's Asset Monetisation Pipeline 2.0.
Sensex jumps over 500 points: What's behind today's rally?
India's benchmark equity indices, the Sensex and Nifty, opened on a positive note today.
China slows humanoid robot IPO rush amid valuation concerns
China's regulatory authorities are slowing down the rush of humanoid-robot companies looking to go public, according to Reuters.
Global oil prices lift India's import bill 48% Apr-Aug 2026
India's crude oil import bill increased by 48% to $74.8 billion from April to August due to higher global prices, despite stable import volumes.
Four firms to IPO in HK seeking $1.8bn amid AI
Four companies are set to raise a combined $1.8 billion in Hong Kong listings, driven by strong demand for AI-linked investments and first-time offerings.
India overtakes Hong Kong as Asia's 4th-largest REIT market
India's REIT market value surged 62% from the end of 2024 to March 2026, overtaking Hong Kong to become Asia’s fourth-largest by market value.
Volkswagen and JSW partner in India for automotive technology access
Volkswagen agreed to become JSW's junior partner to expand its presence in the Indian market, while providing JSW with technological expertise to enhance its operations.
Manika Plastech debuts at ₹43 IPO, shares dip nearly 5%
Manika Plastech Ltd shares debuted flat at ₹43, matching the issue price, before declining by 5% to ₹40.85 on the NSE and ₹40.86 on the BSE.
Raymond Limited shares surge 145% ahead of private placement meeting
Raymond Limited shares surged nearly 7% on Monday, driven by investor interest ahead of its EGM and recent aerospace contract wins.
Motilal Oswal gives Solar Industries buy rating with ₹23,000 target
Motilal Oswal recommends a buy rating for Solar Industries, targeting Rs 23,000, citing its strong market presence and strategic expansion in the defense sector.
Volvo names Klaus Zellmer as new chief
Volvo Car AB has announced the appointment of Klaus Zellmer as its new president and chief executive officer.
Patanjali Foods stock rises nearly 15% after FY2027 growth reaffirmation
Patanjali Foods shares surged 6% on Monday, continuing a four-session rally, as management reaffirmed its FY27 growth targets and projected Rs 700-800 crore in free cash flow.
Planned 45 US data centers $68B paused amid local pushback
Research by Data Centre Watch reveals that local pushback blocked or delayed 45 data centre projects valued at $68 billion in the US between April and June this year.
Oracle layoffs: Severance terms emerge as India cuts affect 3,000
Oracle has announced another round of layoffs as part of its global workforce reduction strategy.
UK asking prices rise 0.7% in September to £367,440
British property asking prices increased by 0.7% in September, marking the first rise since May, despite ongoing challenges from high mortgage rates and abundant housing supply.
Motilal Oswal buy rating lifts Pine Labs shares to ₹196
Motilal Oswal initiated coverage on Pine Labs with a Buy rating, citing multiple monetisation avenues and strong growth prospects, targeting a 30% upside to Rs 250.
HDFC Bank shares rise over 1% to ₹738.55, boosting markets
HDFC Bank shares increased by over 1% on Monday, reaching an intraday high of ₹739.70, with a total market capitalisation of ₹11.39 lakh crore.
Oracle lays off Abilene workers at Crusoe site supporting OpenAI
Oracle's recent layoffs reached Abilene's flagship Stargate data center, with one employee discovering his termination when his badge failed at the gate.
Starbucks opening GCC in Tamil Nadu, 800 jobs, median ₹35L
Starbucks Corporation plans to set up a Global Capability Centre in Tamil Nadu, creating 800 high-value jobs with a median salary of Rs 35 lakh per annum.
Toyota to modernize with 400,000 robots and 1 trillion yen
Toyota plans to integrate 400,000 robots across its operations by 2028 while emphasizing the continued importance of human craftsmanship in maintaining quality and efficiency.
Apple's first layoffs under John Ternus hit Fitness+ team
Apple has initiated a fresh round of job cuts targeting its Fitness+ division, marking the first known layoffs under newly appointed CEO John Ternus.
Kerala's Gold and Silver Merchants Association outlines Vision 2030 reforms
Kerala's gold traders have launched the 'Vision 2030' plan to enhance transparency and modernize the sector, focusing on supporting small businesses and protecting workers.
EPFO expands EPF coverage to ₹15,000-₹25,000 earners widening social security
The government's decision to raise the EPFO wage ceiling from Rs 15,000 to Rs 25,000 will reduce take-home pay but increase retirement savings and pension benefits.
JPMorgan's Rajiv Batra forecasts Nifty 27,000 between November and January
Rajiv Batra of JPMorgan anticipates the Nifty reaching 27,000 between November and January, driven by strong corporate earnings and easing investor caution.
Indian oil firms losing ₹20 on diesel per liter
India's petrol price benchmark has hit a 50-month high of $133.05 per barrel this month, according to industry officials and official data.
JLL 2026 transparency index shows India improving, $8.1B cross-border investment
India's real estate transparency is improving, driven by AI and data centre investments, but further reforms are essential to fully leverage these opportunities.
Government borrowing, inflation and AI investment push US interest rates
The US economy faces prolonged higher interest rates due to persistent inflation and significant AI infrastructure investments, driving up demand for capital and borrowing costs.
Indian rupee rises 24 paise to ₹95.72 against US dollar
The rupee appreciated by 24 paise to reach 95.72 against the US dollar in early trade, supported by positive domestic equities and improved foreign fund sentiment.
Microsoft CEO to attend White House dinner for Xi Jinping
Microsoft CEO Satya Nadella will attend a White House state dinner for Chinese President Xi Jinping this week, according to Bloomberg.
NSE IPO raises ₹22,569 cr, fully subscribed by Day 2
The National Stock Exchange's ₹22,569 crore IPO enters its final bidding day with a grey market premium of ₹48, down from the initial ₹142.
China pauses humanoid robotics IPOs amid valuation and demand concerns
Chinese regulators are scrutinizing humanoid-robot companies' soaring valuations, pausing IPOs amid concerns over revenue sustainability tied to state-backed projects.
Premier Energies opens India's largest 7 GW solar cell factory
Premier Energies has launched a 7 GW solar cell manufacturing facility in Andhra Pradesh, boosting its total capacity to 10.6 GW and supporting India's clean-energy goals.
Gold falls as inflation worries fuel rate hike fears
Gold prices witnessed a dip in early Asian trading on Monday. The decline comes amid rising tensions in the Middle East and persistent inflation concerns, which have heightened expectations of interest rate hikes.
Oil below $102 as President Trump open to meeting Pezeshkian
Brent crude oil futures dropped below $102 a barrel as diplomatic efforts between the US and Iran raised hopes of easing tensions in West Asia.
Bitcoin tops $81,000 after SEC approves on-chain tokenized US stocks
Bitcoin climbed above $81,000 following SEC approval for onchain trading of tokenized U.S. stocks, while NEAR surged 23% due to increased Zcash swap activity.
Agrograde to add tomatoes, garlic, leafy greens sorting using AI
Agrograde, a Pune-based start-up, is developing AI-powered machines for sorting and grading tomatoes and garlic, expanding its existing technology used for onions and potatoes.
Sensex up 478.05 points Nifty rises on Saudi oil hopes
The Sensex rose by 478 points, while the Nifty surpassed 23,400 as easing crude oil prices and strong global cues boosted investor sentiment.
Bitcoin closes above 50-week moving average after 29% surge
Bitcoin has closed above its 50-week moving average for the first time in 45 weeks, a historical indicator of potential major bull runs, trading around $81,000.
Bitcoin climbs over 5% as US spot ETFs net $6.2 million
Bitcoin climbed over 5% to $81,450 this week, driven by strong ETF inflows and positive regulatory developments boosting market sentiment.
SS Retail IPO allotment expected today after 103.30x oversubscription
SS Retail's IPO allotment is anticipated today after a 103.30x subscription, with a grey market premium suggesting a potential 35% listing gain.
FPIs ramp up Nifty and Bank Nifty shorts, sell ₹20,974cr
Foreign portfolio investors (FPIs) increased their short positions on Indian equity index futures to a record, driven by rising global interest rates and escalating oil prices.
Indian stock markets snap 6 weeks of losses Monday
Sensex and Nifty opened in green on Monday, despite investor worries over high crude oil prices impacting inflation and interest rates.
Big Indian automakers now rely on almost 90% temporary workers
Temporary workers now constitute nearly 90% of the workforce at leading Indian auto companies, offering cost flexibility but posing challenges in skill continuity.
US diesel prices hit record high, crossing $6.5 per gallon
The United States is witnessing a major spike in diesel prices, with the average nationwide rate hitting $6.505 per gallon on Saturday, according to the American Automobile Association.
SoftBank launches $11B bond sale to fund OpenAI investment
SoftBank Group has launched over $10 billion worth of bonds to fund its investment in OpenAI.
Iran lists 7 demands the US must meet for talks
Iran has outlined seven conditions for the U.S., focusing on sanctions relief and regional security, as prerequisites for any meaningful negotiations with the Trump administration.
Ex-Union Bank chairman Arun Tiwari gets bail in 50cr fraud
A special CBI court granted bail to former Union Bank chairman Arun Tiwari in a ₹50-crore fraud case, where he is accused of violating bank guidelines for credit facilities.
NCLAT orders firm timelines to finish 16 delayed housing projects
NCLAT has demanded firm timelines from NBCC and the Court-Appointed Committee to address delays in 16 Supertech housing projects, with construction set to begin by October 2026.
India ramps semiconductor push with $12 billion and AI rules
India's semiconductor strategy, led by IT minister Ashwini Vaishnaw, focuses on niche products and advanced packaging, attracting $12 billion in interest under ISM 2.0.
Citigroup CEO Jane Fraser warns advanced AI makes cyberattacks tougher
Citigroup CEO Jane Fraser highlights a global surge in cybersecurity efforts as companies race to fortify defenses against increasingly powerful AI models, like Anthropic's Mythos.
Gold slips as global rate hikes curb buyer demand
Gold prices declined in early Asian trading Monday due to escalating Middle East tensions and persistent inflation concerns, prompting expectations of further interest rate hikes.
Tech chiefs to dine with President Trump and Xi Jinping
Microsoft CEO Satya Nadella will attend a White House state dinner for Chinese President Xi Jinping, alongside leaders from Apple, OpenAI, and Nvidia.
Gold falls to $4,416 in Asian trading as yields climb
Gold prices eased in early Asian trade as higher US Treasury yields pressured the non-interest-bearing asset, while silver maintained gains, trading near $67.30 an ounce.
Indian fuel prices surge with gasoline $133.05 and diesel $167.08
India's petrol pricing benchmark has surged to $133.05 a barrel, reaching a 50-month high, as geopolitical tensions threaten further increases in international oil prices.
President Donald Trump may meet Masoud Pezeshkian as oil falls
Oil prices declined for the fourth consecutive day as diplomatic efforts to resolve the US-Iran conflict progressed, and cargoes continued to transit through the Strait of Hormuz.
US 10-year Treasury yield tops 5% 1st time since 2007
The 10-year Treasury yield recently surged to a 19-year high above 5%, driven by inflation, government deficits, and geopolitical tensions. This marks its highest level since 2007.
US diesel hits record $6.505 amid Strait of Hormuz tensions
US retail diesel prices have surpassed $6.50 a gallon, driven by the US-Iran conflict and Russia's export bans, impacting various sectors of the economy.
TDSAT backs Delhi airport operator DIAL, modifies AERA tariff order
GMR Airports' Delhi International Airport Ltd (DIAL) successfully appealed against AERA's tariff order, with TDSAT modifying key components of the decision.
Noel Tata challenges N Chandrasekaran reappointment citing 2022 rule change
Noel Tata voiced strong objections to N. Chandrasekaran's reappointment as Tata Sons chairman, citing legal concerns and procedural discrepancies.
India receives $12B in semiconductor pledges after July $13.4B fund
India's semiconductor policy has drawn $12 billion in investment commitments from global and domestic firms, accelerating its efforts to establish a robust chip-making industry.
Asian and US markets gain modestly ahead of U.S.-China summit
Asian stocks rose with MSCI’s Asia Pacific gauge up 0.2%, while oil prices fell for a fourth consecutive day amid ongoing US-China trade discussions.
Oil prices fall as Saudi boosts exports after Houthi attacks
Oil prices declined as investors monitored the recovery of Saudi Arabia's oil shipments, despite ongoing Houthi attacks and heightened tensions in the Middle East.
Infosys appoints Mitrankur Majumdar to lead $2.69 billion SURE division
Mitrankur Majumdar has been appointed to lead Infosys's $2.7 billion SURE business, succeeding CEO-designate Ashiss Kumar Dash in a strategic leadership transition.
Emergent says it is building AI agents for small businesses
Emergent is transitioning from AI software development to automating small business operations, with CEO Mukund Jha predicting significant revenue growth in AI agent services.
D.Y. Chandrachud's legal opinion questions N Chandrasekaran's Tata Sons reappointment
Sudipto Sarkar, a veteran lawyer with over 50 years of experience, is central to the controversy surrounding N. Chandrasekaran's reappointment as Tata Sons chairman.
Indian states expected to adopt 2022-23 GDP series by FY2027
Indian states are set to adopt the 2022–23 GDP base year by the end of the current fiscal, aligning with the Centre's revised national accounts for consistent economic comparisons.
Economists expect RBI to hike repo by 0.25% in October
A poll indicates that most economists anticipate the Reserve Bank of India will raise the repo rate by 25 basis points in October due to rising inflation and global rate hikes.
Stellantis to nearly triple India output to 50,000 vehicles
Stellantis plans to nearly triple its vehicle production in India to 50,000 units next year, with 60% of the output designated for export.
Elon Musk: Boring Company working on Austin San Antonio Hyperloop
Elon Musk announced The Boring Company's plan to develop a "simple precursor Hyperloop" between Austin and San Antonio, aiming to cut travel time to under 30 minutes.
SEBI mulls out-of-court settlements for fund misuse cases with repayment
India's capital market regulator, Sebi, plans to allow companies and individuals accused of fund diversion from listed firms to settle cases by returning the funds with interest.
SP Group backs Tata Sons listing after RBI directive
The Shapoorji Pallonji Group is advocating for a Tata Sons public listing after discussions led by Noel Tata regarding stake monetisation were delayed.
UPI MDR proposal: 5% of collections to help small merchants
The National Payments Corporation of India (NPCI) has proposed a dedicated fund, financed from Merchant Discount Rate (MDR) collections, to support small merchants and expand digital payment infrastructure in smaller cities.
Delaware ruling could shed new light on Fox's corporate history
A Delaware judge has ordered Fox Corporation to hand over documents sought by shareholders in a lawsuit examining how Rupert Murdoch and other directors handled major scandals at the company and its predecessor businesses, NPR reported on the order.
'Invalid': Tata Trusts rejects board's reappointment of N Chandrasekaran
Tata Trusts has challenged the reappointment of N Chandrasekaran as the Chairman of Tata Sons.
Why Saudi Arabia quit cross-border payments platform led by China
Saudi Arabia has withdrawn from mBridge, a China-led cross-border payments platform.
Why India's hiring is shifting to tier 2, 3 cities
India's hiring landscape is witnessing a major shift, with small cities emerging as key talent hubs.
Surveillance tech firm Flock offers 'generous' buyouts to reduce workforce
Flock Safety, a controversial surveillance technology firm, has announced a "generous" severance package for employees willing to leave voluntarily.
Global semiconductor firms ramp up India presence amid Semicon 2.0
The Semicon India 2026 event has drawn major global semiconductor companies, including ASML, Applied Materials, and Lam Research.
SBI issues advisory ahead of nationwide bank strike
The State Bank of India (SBI) has issued a customer advisory ahead of the nationwide bank strike proposed by the United Forum of Bank Unions (UFBU) from September 28 to 30.
Why Indian Oil's new independent director has quit
Alka Mundra has resigned as an independent director of the Indian Oil Corporation (IOC) just five weeks after her appointment.
India's exports to core BRICS nations soar by 34%
India's exports to core BRICS countries, China, South Africa, Brazil, and Russia, have witnessed a massive 34% jump in the first five months of FY2026-27.
Meet Ravi Reddi, JPMorgan's new India head of M&A
JPMorgan, a leading investment bank, has appointed Ravi Reddi as the new head of Mergers and Acquisitions (M&A) for India.
Why Tata Trusts has hired top lawyer Abhishek Manu Singhvi
Tata Trusts has roped in senior advocate Abhishek Manu Singhvi to represent them legally, as the feud with Tata Sons intensifies.
These 6 IPOs will hit Dalal Street next week
Six mainboard companies are gearing up for initial public offerings (IPOs) next week.
FMCG goods unlikely to become costlier this festive season
Despite rising commodity prices, including sugar, and geopolitical disruptions, Fast-Moving Consumer Goods (FMCG) firms are likely to maintain their prices through the festive season.
Why NCLAT is concerned over Supertech's stalled housing projects
The National Company Law Appellate Tribunal (NCLAT) has expressed concern over the delay in construction work at Supertech Ltd's stalled housing projects in India.
FPIs withdraw ₹20,974cr from Indian equities this September
Foreign portfolio investors (FPIs) have pulled out ₹20,974 crore from Indian equities in September.
LPG subsidy: Aadhaar biometric authentication mandatory from October 1
The Indian government has made Biometric Aadhaar Authentication (BAA) compulsory for domestic LPG consumers who want to continue receiving subsidized refills.
Paramount might be able to acquire Warner Bros soon
Paramount Skydance is in advanced talks with California officials to settle a lawsuit challenging Warner Bros. Discovery's acquisition.
Bank holidays in India next week: Check city-wise list
Major banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) will be closed for up to four days next week.
SpaceX's Nasdaq 100 stake to more than double to 2.8%
SpaceX's stake in the Nasdaq 100 will more than double to 2.82% after Monday's quarterly rebalance, data from Bloomberg shows.
Dholera semiconductor plant to produce India's first wafer by 2028
India's first semiconductor fabrication plant, located in Dholera, is expected to produce its first wafer by 2028.
Volkswagen may cut another 4,100 jobs at Porsche
Volkswagen is considering another round of job cuts at its luxury brand Porsche, according to German business daily Handelsblatt.
India's GDP to reach $38 trillion: NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval has predicted that India's Gross Domestic Product (GDP) will grow from the current $4.015 trillion to a whopping $38 trillion in the next two decades.
India to generate 2.5L seasonal, gig jobs this festive season
India is expected to create between 2-2.5 lakh seasonal and gig jobs during the July-December festive season of 2026, a report by NLB Services has said.
AI cloud provider Nscale files for US IPO
Nscale, a cloud provider that specializes in infrastructure for artificial intelligence (AI) models, has filed to go public on the New York Stock Exchange.
FTAs are opening new markets for India's youth: PM Modi
Prime Minister Narendra Modi has emphasized the role of Free Trade Agreements (FTAs) in creating new markets and career opportunities for India's youth.
Sugar, onion prices stabilize after government intervention
The prices of essential commodities, sugar and onion, have stabilized over the past week.
US now accounts for 54% of India's software services exports
India's software services exports witnessed a growth of 8.2% to $221.4 billion in the fiscal year 2025-26 (FY26), excluding sales by overseas affiliates of Indian companies.
Anthropic targets November IPO at potential $2T valuation
Anthropic, the developer of Claude, is gearing up for its initial public offering (IPO) in November.
OpenAI expects $278B cash burn in next 5 years
OpenAI, the company behind ChatGPT, is expecting to burn through a massive $278 billion in cash between 2026 and 2030.
Oracle's $18B data center debt faces pressure amid local opposition
Oracle's $18 billion debt linked to a data center in New Mexico is facing pressure, the Financial Times reported.
Anthropic's annualised revenue may top $100B this year
Anthropic, the AI company behind Claude, is projected to surpass an annualized revenue of over $100 billion this year, as per a New York Times report.
AI could double US GDP growth by 2027: Elon Musk
Tesla chief executive Elon Musk has predicted that artificial intelligence (AI) could significantly boost the US economy.
Key executives leading Berkshire Hathaway's $1 trillion+ empire
Warren Buffett has officially stepped down as the chairman of Berkshire Hathaway, a move that marks a major shift in the company's leadership.
Tata Sons faces legal fight as Trusts challenge Chandrasekaran's reappointment
The ongoing dispute between Tata Sons and Tata Trusts over N Chandrasekaran's reappointment as executive chairman could escalate into a long-drawn legal battle.
Ryanair CEO apologises after comparing competitors to rapists
Ryanair's Chief Executive Officer (CEO) Michael O'Leary has apologized for his controversial remarks comparing rival airlines to "rapists."
Centre to oversee UPI MDR charges daily from October 15
The Indian government has announced that it will start monitoring the Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions on a daily basis, starting October 15.
India's crude oil imports fall over 11% in August
India's crude oil imports last month fell by over 11% from July, amounting to 19.01 million metric tons, government data revealed today.
FSSAI takes legal action against Nestle India over infant products
The Food Safety and Standards Authority of India (FSSAI) has launched legal action against Nestle India for multiple violations of the Food Safety and Standards Act.
Incentives for BHIM-UPI, RuPay debit card transactions might be removed
The Indian government is planning to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions.
Warren Buffett named chairman emeritus of Berkshire Hathaway
Warren Buffett, the legendary investor and Chairman of Berkshire Hathaway, has stepped down from his position.
TRAI's new rules will improve spam detection in India
The Telecom Regulatory Authority of India (TRAI) has updated its regulations to tackle unsolicited commercial communications (UCC).
India's net direct tax collection up 13% to ₹12.1L crore
India's net direct tax collections have increased by a whopping 12.96% year-on-year, reaching ₹12.12 lakh crore as of September 17, for the financial year 2026-27.
MuscleBlaze maker is planning ₹2,800-3,800cr IPO in India
HealthKart, a leading brand in fitness supplements, is mulling an initial public offering (IPO) to raise between $300 million and $400 million (₹2,800-3,800 crore), as per Mint.
FCC approves foreign investment in Paramount Warner merger with restrictions
The US Federal Communications Commission (FCC) has approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery.
Chinese AI firms lag far behind OpenAI in revenue
China's leading artificial intelligence (AI) firms generate only about 10% of the revenue reported by OpenAI alone, a new analysis from Rhodium Group has revealed.
Shapoorji Group chairperson backs listing of Tata Sons
Shapoorji Pallonji Group Chairman, Shapoor Mistry, has welcomed the Reserve Bank of India's (RBI) listing decision on Tata Sons.
India's GDP to grow 7% in FY27, says Moody's
Credit ratings agency Moody's has revised India's real Gross Domestic Product (GDP) growth forecast for the current fiscal year from 6% to a more optimistic 7%.
IDFC FIRST Bank waives forex markup on its credit cards
In a major customer-friendly move, IDFC FIRST Bank has announced the removal of forex markup charges on all its existing and new credit cards.
Disney appoints Adam Smith as chief of streaming business
The Walt Disney Company has appointed insider Adam Smith as the chairman of its streaming business.
OpenAI hires former SpaceX executive as global sales chief
OpenAI has announced the appointment of Brian McCarthy as its Vice President of Global Sales.
You can use Apple Pay in India from October
Apple is all set to launch its payment service, Apple Pay, in India next month.
Why Japan has raised key interest rate to 31-year high
Japan's central bank, the Bank of Japan (BOJ), has raised its key interest rate to a 31-year high.
IndiGo hikes infant fee, baggage and priority service charges
IndiGo has announced a revision in its fare structure, affecting several services.