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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

13 Jul 2026
TL;DR

ICSI to release CSEET June 2026 results on July 15

The Institute of Company Secretaries of India (ICSI) will announce the CSEET June 2026 results on July 15 at 2 pm, available on the official website, icsi.edu.

13 Jul 2026
TL;DR

Private equity investments reach $3.2B in India H1 2026

Private equity investments in Indian real estate hit USD 3.2 billion in H1 2026, up 33% YoY, driven by strong inflows into Data Centres and diversified asset classes.

13 Jul 2026
TL;DR

AI reshapes SaaS hiring by prioritizing AI roles and automation

SaaS companies are restructuring teams, automating repetitive tasks with AI, and prioritizing roles like AI engineers and researchers to enhance efficiency and innovation.

13 Jul 2026
TL;DR

India and United States launch 'Mission $500 billion' trade plan

India and the US have launched "Mission $500 billion" to boost bilateral trade to $500 billion by 2030, focusing on job creation, reduced barriers, and expanded investments.

13 Jul 2026
TL;DR

EPFO now allows online Provident Fund transfer via member portal

EPFO introduces a streamlined online facility for employees to transfer their provident fund balance, ensuring seamless consolidation of retirement savings after changing jobs.

13 Jul 2026
TL;DR

European stocks fall after Iran moves to close Hormuz Strait

European equities fell on Monday as escalating U.S.-Iran tensions unsettled global markets, with the STOXX 600 index dropping 0.3% after its steepest weekly decline since April.

Why TCS shares are soaring today

Tata Consultancy Services (TCS) has witnessed a massive surge in its shares today, rising by over 5% to 2,181.5 at the time of writing.

13 Jul 2026
United Kingdom

India-UK trade deal begins on July 15: What's getting cheaper?

India and the United Kingdom have signed a Comprehensive Economic and Trade Agreement (CETA), which will come into effect from July 15.

13 Jul 2026
TL;DR

Spain's Submer Group to invest $2 billion in Madhya Pradesh

Spain's Submer Group announced a $2 billion investment in Madhya Pradesh, creating 5,000 direct jobs and securing swift land allotment for a data center project.

13 Jul 2026
TL;DR

Federal Reserve Chairman Kevin Warsh launches full review of Fed

Federal Reserve Chair Kevin Warsh has launched five expert-led taskforces to review U.S. central bank policies, focusing on communication, data analysis, and inflation frameworks.

13 Jul 2026
TL;DR

LTTS shares rise 4% after Anthropic Claude integration announcement

LTM shares jumped 4.03% to Rs 4,200 after announcing a strategic partnership with Anthropic, while Axis Securities maintained a "BUY" rating with a Rs 4,560 target.

13 Jul 2026
Donald Trump

India rejects rushed US trade deal over unmet tariff demands

India has turned down the prospect of a hasty trade deal with the US, according to Reuters.

13 Jul 2026
TL;DR

Global funds buy $1.6 billion in Indian equities, Nifty rebounds

Foreign investors purchased over $1 billion in Indian equities last week, marking their largest weekly buying spree since June 2025, driven by a stable rupee.

13 Jul 2026
TL;DR

South Korea gains tax boost from AI chipmakers' record profits

South Korea plans to channel record tax revenues from its booming AI chip industry into a "future response fund," seizing a pivotal moment in the global race for AI leadership.

13 Jul 2026
Indian Rupee (INR)

Indian rupee hits 1-month low against dollar: What's the reason?

The Indian rupee fell to its lowest level in over a month today, trading at 95.76 per US dollar.

13 Jul 2026
Foreign Investment

Emerging markets saw equity outflow worth $46B in June

Emerging markets witnessed a massive exodus of foreign capital in June, with net outflows from equities hitting $46.1 billion.

13 Jul 2026
Indian Government

Indian government bonds see a decline today: What's the reason?

Indian government bonds fell in early trade today, mirroring a selloff in US Treasuries.

13 Jul 2026
Reserve Bank Of India (RBI)

Indian banks to remain closed for 4 days this week

Public and private sector banks across India will observe a four-day closure between today and July 19, 2026.

13 Jul 2026
Tata

You can soon get a gold loan from Tata Capital

Tata Capital, a leading financial services provider and part of the Tata Group, has announced its entry into the gold loan sector.

13 Jul 2026
TL;DR

Air India, Air New Zealand seek direct flights pending approvals

Air India and Air New Zealand are discussing a joint venture to launch non-stop flights, aiming to enhance air connectivity and convenience between India and New Zealand.

13 Jul 2026
NVIDIA

SK Hynix Korean shares sink 15% after stellar NASDAQ debut

SK Hynix's shares fell more than 15% on the Korean stock exchange today, making it the company's biggest one-day decline on record.

13 Jul 2026
TL;DR

India's defense exports to reach ₹50,000 cr by FY2029

India's defence exports are projected to reach Rs 50,000 crore by FY2029, driven by competitive pricing, indigenous systems' performance, and rising global military demand.

SBI Funds Management's ₹11,693cr IPO opens tomorrow

SBI Funds Management Ltd, India's largest asset management company, will launch its initial public offering (IPO) tomorrow. The issue is expected to raise ₹11,692.91 crore.

TCS announces major leadership reshuffle to revive growth

Tata Consultancy Services (TCS), India's largest IT services company, has announced a major leadership reshuffle, according to internal emails seen by Moneycontrol.

13 Jul 2026
TL;DR

TCS shares jump almost 6% after expanded ABB partnership

TCS shares rose 6% after announcing a multi-million dollar, multi-year agreement to enhance its two-decade partnership with ABB, focusing on modernising global network operations.

13 Jul 2026
TL;DR

Kalyan Jewellers shares surge nearly 10% adding ₹16,500 cr value

Kalyan Jewellers' shares surged nearly 10%, extending a four-day rally to 47%, with its market cap swelling by Rs 16,500 crore.

13 Jul 2026
TL;DR

HDFC Bank cuts more than 3,300 employees in FY26

India's HDFC Bank reduced its workforce by 3,343 employees in FY26, emphasizing automation and redeploying staff to customer-facing roles for enhanced productivity.

13 Jul 2026
TL;DR

EPFO launches VISHWAS 2026 to settle delayed provident fund disputes

The EPFO has introduced the VISHWAS, 2026, scheme, offering a six-month window for employers to resolve pending PF disputes with reduced damages and specific eligibility criteria.

13 Jul 2026
Hyundai Motor Company

Hyundai workers begin 3-day partial strike over bonuses, job security

Workers at Hyundai Motor Co. have started a three-day partial strike, demanding higher bonuses and job security against automation.

13 Jul 2026
TL;DR

TSMC posts $39.62B Q2 2026 revenue up 36% on AI

TSMC reported a record second-quarter revenue of T$1.27 trillion, driven by a 36% year-on-year increase fueled by surging demand for artificial intelligence applications.

13 Jul 2026
TL;DR

TCS shares jump 4.5% after ABB deal for AI upgrades

TCS shares rose 4.5% as the firm secured a multi-million, multi-year AI-driven network transformation deal with ABB, boosting the Nifty IT index by 2.5%.

13 Jul 2026
Lucknow

FSSAI urges citizens to report unhygienic kitchens, unsafe food

The Food Safety and Standards Authority of India (FSSAI) has launched a public awareness campaign, urging citizens to report unsafe food, unhygienic kitchens, and poor handling practices through its Food Safety Connect App.

13 Jul 2026
TL;DR

India and UK start CETA July 15 covering 64% tariffs

India’s trade pact with the UK, effective July 15, slashes tariffs on silver, Scotch whisky, and premium cars while protecting sensitive sectors like gold and telecom equipment.

13 Jul 2026
Bharti Airtel

Airtel eyes growth in fintech, cloud, and data centers

Bharti Airtel is gearing up for its next growth phase by focusing on financial services, data centers, and cloud computing.

13 Jul 2026
TL;DR

HDFC Bank shares fell nearly 2% before July 18 earnings

HDFC Bank shares fell nearly 2%, erasing Rs 21,500 crore in market value, as investors await Q1 FY27 earnings this week to assess growth, margins, and asset quality.

13 Jul 2026
Mark Zuckerberg

Mark Zuckerberg becomes world's 5th-richest person

Meta CEO Mark Zuckerberg has become the fifth-richest person in the world, according to the Bloomberg Billionaires Index.

13 Jul 2026
TL;DR

Tata Consultancy Services funds clients' AI infrastructure, builds AI partnerships

TCS is shifting towards bearing a larger share of AI model and infrastructure costs, investing upfront through partnerships and managing end-to-end AI solutions.

13 Jul 2026
Ather Energy

Ather Energy board to consider fresh fundraise proposal

Ather Energy, a leading electric two-wheeler manufacturer, has announced its upcoming board meeting on July 15.

13 Jul 2026
TL;DR

SK Hynix CEO warns global memory chip shortage by 2027

SK Hynix predicts an unprecedented global memory chip shortage by 2027, driven by surging AI infrastructure demand that is outpacing the industry's manufacturing capacity.

13 Jul 2026
TL;DR

SBI Funds Management IPO opens July 14 with ₹545-₹574 pricing

SBI Funds Management's Rs 11,692.91 crore IPO opens on July 14, with a grey market premium of Rs 89 per share signaling a potential 16% listing gain.

13 Jul 2026
TL;DR

Vijay Shekhar Sharma says India should build own AI framework

Vijay Shekhar Sharma emphasizes India's need to develop affordable, open-source AI tailored to local needs, diverging from US and China strategies in the global AI race.

13 Jul 2026
TL;DR

Bitcoin slides 2.4% to $62,600 amid oil surge, U.S.-Iran tensions

Bitcoin dropped 2.4% in Asia as spiking oil prices, driven by US-Iran tensions, reignited inflation concerns, pushing the cryptocurrency below its 200-week moving average.

13 Jul 2026
Flipkart

Flipkart to sell part stake in Shadowfax for ₹700cr

Walmart-backed e-commerce giant Flipkart is planning to sell a part of its stake in logistics start-up Shadowfax Technologies, according to Moneycontrol.

13 Jul 2026
TL;DR

Rupee slips to 95.77 after Iran closes Strait of Hormuz

The Indian rupee fell 39 paise to 95.77 against the US dollar as escalating Middle East tensions and a 4% rise in Brent crude prices dampened market sentiment.

13 Jul 2026
TL;DR

U.S.-Iran conflict raises risks to India's oil and LPG supplies

Experts warn that escalating US-Iran tensions could disrupt LPG and fuel supplies, raising India's energy costs and threatening industries reliant on Middle Eastern imports.

13 Jul 2026
TL;DR

TSMC adds 2 chip packaging plants at Chiayi Science Park

Taiwan's TSMC will build two additional advanced chip packaging plants in Chiayi Science Park, aiming to meet surging demand from AI chip designers like Nvidia.

13 Jul 2026
TL;DR

Jet Airways's liquidation was upheld in late 2024; its remaining assets are being auctioned through July 2026

Jet Airways' remaining assets, including Boeing aircraft, luxury cars, and everyday items like cutlery and uniforms, are set to be auctioned as the airline undergoes liquidation.

13 Jul 2026
IndiGo

Sensex crashes 700 points: What's behind today's decline?

The Indian stock market witnessed a major downturn today, with the benchmark indices Sensex and Nifty plummeting by as much as 0.9%.

13 Jul 2026
TL;DR

HDFC Bank's clerical and support staff fall by over 8,000

HDFC Bank cut over 8,000 back-office roles last year as it embraced AI-driven automation, reallocating resources to customer-facing and management positions.

13 Jul 2026
TL;DR

India CPI expected 4.24% in June 2026 exceeds RBI target

India's consumer price inflation is projected to rise to 4.24% in June, surpassing the Reserve Bank of India's target for the first time since January 2025.

13 Jul 2026
TL;DR

Sensex falls 626 and Nifty slips 184 amid oil fears

Indian markets tumbled as renewed US-Iran tensions spiked crude oil prices, raising concerns over inflation and India's import bill, with Brent crude nearing $80 per barrel.

Kusumgar IPO allotment today: How to check status online

The allotment of shares for Kusumgar's ₹650 crore IPO will be finalized today. Investors who applied for the issue can check their application status online.

13 Jul 2026
TL;DR

Sensex falls 630 points, Nifty under 24,100 amid U.S.-Iran tensions

BSE Sensex plunged over 630 points in early trade Monday, while Nifty50 slipped below 24,100 as Brent crude prices surged 4% following escalating US-Iran tensions.

13 Jul 2026
TL;DR

SBI Funds Management IPO oversubscribed more than 20 times

SBI Funds Management's anchor book was oversubscribed over 20 times, attracting global giants like Capital Group, BlackRock, Goldman Sachs, ADIA, and GIC.

13 Jul 2026
TL;DR

Government support crucial for India's chip market to reach $350B

India's semiconductor consumption is projected to surge from $54 billion in 2026 to $350 billion by 2035, contingent on sustained government incentives and subsidy packages.

13 Jul 2026
Iran

Oil jumps over 4% as Iran declares Hormuz closed

Oil prices have witnessed a sharp spike, rising over 4% on Monday. The surge comes as Iran has expanded its military operations to Gulf states in response to recent US attacks.

13 Jul 2026
TL;DR

Mark Zuckerberg hits $237B, becomes 5th richest after Meta surge

Mark Zuckerberg's net worth soared by $13 billion on July 10, reaching $237 billion, as Meta's stock surged on investor optimism around its AI strategy and growth prospects.

13 Jul 2026
TL;DR

Rupee opens at 95.70 against US dollar, slips 37 paise

The Indian rupee opened 37 paise lower at 95.70 against the US dollar, driven by rising crude oil prices following renewed US-Iran conflict escalation.

13 Jul 2026
TL;DR

Hyundai's South Korean workers start 3-day partial strike over bonuses

Hyundai Motor Co. workers began a three-day partial strike, pushing for safeguards against AI-driven job losses and demanding bigger bonuses tied to company profits.

13 Jul 2026
TL;DR

Millworks Technologies to launch SME IPO priced ₹315-₹331, raising ₹160.33cr

Millworks Technologies' BSE SME IPO opens on July 14, 2026, aiming to raise Rs 160.33 crore. The Grey Market Premium (GMP) has surged to a remarkable 120% ahead of the issue.

13 Jul 2026
TL;DR

Kusumgar IPO allotment finalized Monday; applicants can check status

Kusumgar’s Rs 650 crore IPO allotment will be finalized today, with a strong grey market premium of 38%, reflecting high investor optimism ahead of its July 15, 2026 listing.

13 Jul 2026
TL;DR

Ashwini Vaishnaw in Hyderabad urges Indian IT to lead AI

Union Minister Ashwini Vaishnaw emphasized that India's IT sector must transition from Software-as-a-Service to AI-as-a-Service to drive the nation's next phase of economic growth.

13 Jul 2026
TL;DR

CBI court lifts LOC against Maiank Mehta in PNB fraud

A special CBI court revoked the Look Out Circular against Maiank Mehta, Nirav Modi's brother-in-law, citing his cooperation in the ₹13,850-crore PNB fraud investigation and trial.

13 Jul 2026
TL;DR

South Korea's Kospi drops 6% after Strait of Hormuz claim

South Korea's Kospi index plunged 6% Monday, down 25% from its June peak, as Gulf tensions and doubts over AI-driven semiconductor demand rattled global investor sentiment.

13 Jul 2026
TL;DR

Ather Energy to hold July 15 board meeting on funding

Ather Energy's board will meet on July 15 to evaluate fundraising options, including equity shares and convertible securities, aiming to bolster growth amid rising EV demand.

13 Jul 2026
TL;DR

GIFT Nifty signals 200-point fall as crude trades near $75

Renewed geopolitical tensions between the US and Iran have triggered a sharp rebound in crude oil prices, signaling a gap-down opening for Nifty at 24,050 on Monday.

13 Jul 2026
TL;DR

Razorpay CEO Harshil Mathur disputes YC 'paid seats' claim

Razorpay CEO Harshil Mathur criticized Omentir founder Vansh Yadav for falsely claiming a $250,000 fee guaranteed acceptance into Y Combinator's next batch.

13 Jul 2026
TL;DR

SK Hynix falls 10% in Korea despite US 13% surge

Shares of SK Hynix plunged 10% on Korea's exchange after its ADRs soared 13% in a record-breaking $26.5 billion Wall Street IPO last Friday.

13 Jul 2026
TL;DR

Oil jumps after US Iran clashes spark Hormuz supply concerns

Crude oil prices surged nearly 5% on July 13, with Brent nearing $80 per barrel as escalating US-Iran tensions threaten energy shipments through the Strait of Hormuz.

13 Jul 2026
TL;DR

India pauses US trade talks over tariff terms and protections

India has declined a rushed trade deal with the US, emphasizing long-term economic benefits and safeguarding key sectors like agriculture over immediate tariff relief.

13 Jul 2026
TL;DR

Gold falls below $4,100 as silver drops nearly 2% Monday

Gold and silver prices fell on Monday as rising crude oil prices, a stronger US dollar, and higher bond yields outweighed safe-haven demand amid West Asia tensions.

13 Jul 2026
TL;DR

Big tech borrows $75B for AI as bond market strains

Tech giants have issued $244 billion in bonds this year, overwhelming investors as the race to fund AI infrastructure intensifies and borrowing costs begin to climb.

13 Jul 2026
TL;DR

RBI unwinds $106.7 billion short dollar position to stabilize rupee

The Reserve Bank of India is reducing its $100 billion short dollar forward position to stabilize the rupee, balancing foreign inflows and avoiding market volatility.

13 Jul 2026
TL;DR

Asian markets tumble after Iran says it's closing Hormuz Strait

Asian markets fell on Monday as Gulf tensions escalated, driving oil prices higher and reigniting inflation concerns, while investors anticipated a Federal Reserve rate hike.

13 Jul 2026
TL;DR

Tata Consultancy Services teams with Indian developers on sovereign AI

TCS emphasizes the need for sovereign AI capabilities in India, initiating discussions with local developers to address sensitive workloads and reduce reliance on global platforms.

13 Jul 2026
TL;DR

SpaceX's $75B IPO could spur more investment into Indian startups

The record-breaking IPOs of SpaceX, OpenAI, and Anthropic could catalyze fresh capital inflows into Indian start-ups as global investors eye new opportunities.

13 Jul 2026
TL;DR

Private equity firms show fresh interest in India's K-12 schools

Private equity firms are refocusing on India's K-12 school sector, drawn by resilient cash flows, consolidation opportunities, and anti-cyclical stability.

13 Jul 2026
TL;DR

Calcutta Stock Exchange prepares to relaunch with new trading platform

The 118-year-old Calcutta Stock Exchange (CSE) is set to make a comeback with a new trading platform, upgraded infrastructure, and state-backed efforts to restore its operations.

13 Jul 2026
TL;DR

Oil jumps over 3% after Iran attacks Qatar and UAE

Global oil prices jumped over 3% as Iran expanded military strikes in the Gulf following US attacks, raising fears of disruptions through the critical Strait of Hormuz.

13 Jul 2026
TL;DR

Shriram Asset Management Company backs India's power sector for AI

India's power sector is poised to gain significantly from the AI boom, as Shriram AMC highlights its pivotal role in supporting AI infrastructure and driving sustainable returns.

13 Jul 2026
TL;DR

AI-powered stock surge cools as NVIDIA and Alphabet down 11%

Several leading AI stocks, including Nvidia and Alphabet, have seen sharp declines, erasing billions in market value after significant rallies since the start of 2026.

13 Jul 2026
TL;DR

Indian oil companies plan 10-kg LPG cylinders for commercial sale

State-run oil firms may extend lightweight 10-kg LPG cylinders to commercial users, offering a portable, space-saving option at commercial rates if approved.

13 Jul 2026
TL;DR

RBI mulls higher interest education savings as India fees climb

The Reserve Bank of India is consulting banks on launching a high-interest savings product to help families manage rising education costs, which are growing faster than incomes.

13 Jul 2026
TL;DR

RBI requires banks to report detailed vetting of overseas investments

The Reserve Bank of India now requires banks to collect detailed anti-money laundering and due diligence data on overseas business partners from corporate investors.

12 Jul 2026
India

Indian households barely invest in financial assets: UBS report

The 2026 UBS Global Wealth Report has revealed a major difference in the composition of wealth between India and other countries.

'Super' El Nino could raise global food prices until 2028

A "super" El Nino weather cycle this year could lead to a major shock in global food prices, lasting until 2028, economists have warned.

12 Jul 2026
Aadhaar

EPFO members can now access services online from anywhere

The Employees's Provident Fund Organisation (EPFO) has successfully migrated its member database to a centralized platform under the Centralized IT Enabled Services (CITES) project.

12 Jul 2026
Piyush Goyal

Indian professionals in UK to save 25% on social security

Union Minister Piyush Goyal has announced that Indian professionals working in the UK on temporary assignments of up to five years will no longer lose nearly 25% of their salary to the UK's social security system.

12 Jul 2026
Donald Trump

Trump administration subpoenas NYT reporters over presidential plane leak

The US Department of Justice has issued subpoenas to four journalists from The New York Times.

3 IPOs to open next week

The primary market is gearing up for a busy week, with three initial public offerings (IPOs) worth over ₹10,100 crore opening for subscription from July 14.

12 Jul 2026
Cybersecurity

TCS plans expansion of forward-deployed engineers amid AI disruption fears

Tata Consultancy Services (TCS) is gearing up to build a massive team of forward-deployed engineers (FDEs).

12 Jul 2026
Apple

How Apple avoided semiconductor tariffs through Intel partnership

Apple managed to dodge semiconductor tariffs last year, thanks to a strategic deal with Intel.

12 Jul 2026
Canada

India, Canada finish 3rd round of talks for trade deal

India and Canada have successfully concluded the third round of negotiations for their proposed Comprehensive Economic Partnership Agreement (CEPA).

12 Jul 2026
Bharti Airtel

Market valuation of India's top 4 firms rises by ₹92,995cr

The combined market capitalization of four of the top 10 most valued companies in India surged by a whopping ₹92,995.48 crore last week.

12 Jul 2026
Nestle

These FMCG companies reduced their Indian headcount in FY26

India's top fast-moving consumer goods (FMCG) companies have shown a mixed trend in their workforce for the fiscal year 2025-26.

12 Jul 2026
Stock Market

This leading defence company plans to raise ₹3,322cr

Apollo Micro Systems, a leading player in the defense sector, has announced its plan to raise ₹3,322 crore through a preferential issue.

EPFO announces an amnesty scheme: How it helps you?

The Employees' Provident Fund Organisation (EPFO) has launched the Amnesty Scheme, 2026, a one-time opportunity for organizations with exempted Provident Fund (PF) trusts under the Income Tax Act, 1961.

12 Jul 2026
India

FPIs reverse 4-month selling spree of Indian equities in July

Foreign portfolio investors (FPIs) have turned net buyers of Indian equities in July after four consecutive months of selling.

12 Jul 2026
India

India's Russian crude imports hit new high in June

India's imports of Russian crude oil hit a record high in June, according to a report by the Centre for Research on Energy and Clean Air (CREA).

India's first geothermal power plant might be operational soon

State-run Oil and Natural Gas Corporation (ONGC) has taken a major step toward establishing India's first pilot geothermal power plant.

12 Jul 2026
Ashwini Vaishnaw

New IRCTC website to be launched this month: Ashwini Vaishnaw

The Ministry of Railways is gearing up to launch a beta version of the revamped Indian Railway Catering and Tourism Corporation (IRCTC) website.

12 Jul 2026
Azim Premji

SBI Funds Management trims IPO size to ₹9,813cr

SBI Funds Management, India's largest asset management company, has reduced the size of its initial public offering (IPO) to ₹9,812.9 crore.

12 Jul 2026
Gautam Adani

US judge questions Justice Department's dismissal of Adani case

A US federal judge has asked Indian billionaire Gautam Adani to clarify if he knows about any quid pro quo related to the Department of Justice (DOJ)'s decision to drop a criminal indictment against him.

12 Jul 2026
Germany

Volkswagen CEO's restructuring plan rejected by key board members

Volkswagen AG's CEO Oliver Blume is facing major challenges in his efforts to revamp Europe's largest carmaker.

12 Jul 2026
Agartala

Tripura secures ₹10,000cr in investment proposals from Google, Salesforce

Tripura recently held the Destination Tripura Business Conclave 2026, which witnessed a huge response from investors and industry leaders.

12 Jul 2026
Netflix

Netflix and Sony Pictures are interested in buying Letterboxd

Letterboxd, the popular social platform for movie lovers, is reportedly in talks with several potential buyers.

12 Jul 2026
NFL

Meet Vinod Khosla, Indian-American billionaire behind $9.6B NFL team purchase

Indian-American billionaire Vinod Khosla and his wife Neeru Khosla are the new owners of the Seattle Seahawks.

12 Jul 2026
Flipkart

Is Flipkart using deep discounts to favor select sellers?

The Forum for Internet Retailers, Sellers, and Traders (FIRST) has filed a new antitrust complaint against Flipkart with the Competition Commission of India (CCI).

12 Jul 2026
Norway

Why Norwegian Air changed its Instagram logo to British Airways

Norwegian Air Shuttle has honored its friendly wager with British Airways after England's victory over Norway in the FIFA World Cup quarter-finals.

12 Jul 2026
OpenAI

OpenAI's safety head departs amid leadership reshuffle

Johannes Heidecke, the Head of Safety Systems at OpenAI since 2024, has decided to leave the company.

12 Jul 2026
Apple

OpenAI responds to Apple's trade secret theft allegations

OpenAI has issued a formal response to Apple's recent lawsuit, which accuses the artificial intelligence (AI) company of stealing trade secrets.

11 Jul 2026
HDFC Bank

Atanu Chakraborty earned ₹1cr in FY26, HDFC's annual report reveals

HDFC Bank's FY26 annual report has revealed the remuneration details of its former Part-time Chairman and Independent Director, Atanu Chakraborty.

11 Jul 2026
Hong Kong

SHEIN gets green light for Hong Kong IPO

Chinese ultra-fast fashion giant SHEIN has received approval for its long-awaited Hong Kong initial public offering (IPO).

11 Jul 2026
Foreign Investment

India-focused equity funds have lost 60% foreign investment since 2024

Foreign investors have pulled out nearly 60% of their investments from India-focused equity funds, according to a report by Elara Capital.

Anil Ambani fraud case: ED attaches assets worth over ₹1,000cr

The Enforcement Directorate (ED) has attached assets worth ₹1,021 crore in a money laundering case against the Reliance Anil Ambani Group.

Over 1.7cr ITRs filed for FY26 so far

The Income Tax Department has announced that over 1.7 crore Income Tax Returns (ITRs) have been filed for the financial year 2025-26 so far.

11 Jul 2026
India

New Zealand begins ratification process for FTA with India

The ratification process for the India-New Zealand Free Trade Agreement (FTA) has commenced in New Zealand, the Ministry of External Affairs (MEA) said today.

SEBI expands intraday borrowing rules for mutual funds from September

The Securities and Exchange Board of India (SEBI) has expanded the scope of intraday borrowings for mutual funds, effective from September 1, 2026.

EPFO's passbook portal back online ahead of interest credit

The Employees' Provident Fund Organisation (EPFO) has restored its Passbook portal after nearly two weeks of downtime.

11 Jul 2026
Bengaluru

Indian AI start-ups raised $1B+ in first half of 2026

Indian artificial intelligence (AI) start-ups have raised over $1 billion in funding during the first half of 2026.

11 Jul 2026
Europe

Russia's diesel export ban triggers global price surge

Russia's recent ban on diesel exports has sent shockwaves through the global energy market, exacerbating existing fuel shortages and driving prices up.

11 Jul 2026
Facebook

Meta appeals landmark social media addiction verdict

Meta, the parent company of Instagram and Facebook, has appealed a landmark social media addiction lawsuit verdict in Los Angeles.

11 Jul 2026
Bluesky

Bluesky appoints Toni Schneider as permanent CEO after interim stint

Bluesky, the social media platform that emerged as an alternative to Twitter (now X), has announced a major leadership change.

11 Jul 2026
Swiggy

Why Swiggy Instamart has received 9 notices from FSSAI

Swiggy's quick-commerce platform, Instamart, has come under fire from the Food Safety and Standards Authority of India (FSSAI).

11 Jul 2026
NASDAQ

SK Hynix raises $26.5B in record US debut

SK Hynix, a leading South Korean memory chip manufacturer and major supplier to AI chip giant NVIDIA, has raised $26.5 billion (KRW 40 trillion) in its debut on the US stock market.

11 Jul 2026
Paramount Pictures

Oregon withdraws motion to delay $110B Paramount-Warner Bros. merger

Oregon's Attorney General has withdrawn its motion to delay the $110 billion merger between Paramount and Warner Bros.

11 Jul 2026
Bill Gates

Start-up of Bill Gates's daughter claimed sales it didn't drive

Phia, an advertising start-up co-founded by Phoebe Gates, the daughter of Microsoft co-founder Bill Gates, has been accused of violating affiliate marketing policies.