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Business News

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28 Jul 2026
TL;DR

Birlasoft posts strong FY27 start with profits ₹160.9cr revenue ₹1,379cr

Birlasoft reported a 51.2% YoY jump in Q1 FY27 net profit, driven by higher revenue, improved margins, and a 20% rise in AI-led deal wins.

28 Jul 2026
TL;DR

SEBI to upgrade ODR, move cases to exchanges, empower investors

Sebi plans to revamp its online dispute resolution framework, shifting administration to market infrastructure institutions for faster and accountable grievance redressal.

28 Jul 2026
TL;DR

Fresh graduates offer entire 1st month's salary for job referrals

Amid intense competition, fresh graduates are pledging their first paycheck for job referrals, reflecting the challenges of securing entry-level roles in a crowded hiring market.

28 Jul 2026
TL;DR

Brookfield expects 6.5 GW AI capacity to support advanced applications

Brookfield Asset Management anticipates 6.5 GW of AI-focused data-centre capacity emerging in India within five years, driven by rising demand for AI inferencing capabilities.

28 Jul 2026
TL;DR

India caps dealer sugar storage to curb hoarding and speculation

The Centre has imposed stock holding limits on sugar dealers nationwide from August 1, aiming to prevent hoarding, stabilize prices, and ensure adequate supply for consumers.

28 Jul 2026
TL;DR

Aeroflex sees 30 to 35% revenue and profit growth FY27

Aeroflex Industries anticipates 30-35% revenue and profit growth in FY27, driven by rising demand for liquid cooling solutions and expansion of its flexible hose business globally.

28 Jul 2026
TL;DR

AstraZeneca wins CDSCO approval for additional Enhertu indication in India

AstraZeneca Pharma India received CDSCO approval to import and distribute Enhertu, a breast cancer treatment drug, expanding its use for advanced HER2-positive cases in India.

28 Jul 2026
TL;DR

Fitch warns of bubble risks from AI spending surge

Fitch Ratings highlights mounting vulnerability to an AI-driven market correction, warning soaring tech valuations and unprecedented spending may outpace uncertain future returns.

28 Jul 2026
TL;DR

NYVO launches family financial advisory platform for under ₹100 monthly

NYVO, a SEBI-registered adviser, introduces a fee-only platform offering personalised financial planning for Indian households, bridging the investment advisory gap.

28 Jul 2026
TL;DR

Delhi High Court orders Paytm Payments Bank winding up

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited after the RBI revoked its banking license for non-compliance with regulatory norms.

28 Jul 2026
TL;DR

M S Dhoni named Malabar Gold & Diamonds brand ambassador

Malabar Gold & Diamonds has appointed cricketer M S Dhoni as its brand ambassador, highlighting shared values of trust, integrity, and authenticity.

28 Jul 2026
TL;DR

Cholamandalam Investment posts ₹1,654 cr profit, 46% YoY Q1 FY27

Cholamandalam Investment and Finance Company Ltd reported a 46% year-on-year rise in net profit to ₹1,654 crore for Q1FY27, driven by 28% growth in net income.

28 Jul 2026
TL;DR

Indian rupee strengthens to 95.85 per USD after RBI intervention

The Indian rupee appreciated to 95.85 against the US dollar, driven by softer crude oil prices and robust Reserve Bank of India interventions to curb currency volatility.

28 Jul 2026
Flipkart

Flipkart opens Ekart logistics network to businesses across India

Ekart, the supply chain arm of Flipkart Group, has opened its pan-India logistics network for external businesses.

NPCI working with banks, UPI apps to strengthen user privacy

The National Payments Corporation of India (NPCI) is working with Unified Payments Interface (UPI) apps and partner banks to implement the Digital Personal Data Protection (DPDP) law, according to Moneycontrol.

28 Jul 2026
TL;DR

Indian rupee hits 2-week high at 95.8525 per US dollar

The Indian rupee hit a two-week high, supported by falling crude prices and likely Reserve Bank of India intervention, as traders noted reduced tolerance for currency weakness.

28 Jul 2026
Flipkart

Flipkart trims stake in Shadowfax

Flipkart has reduced its stake in Shadowfax Technologies Ltd, a logistics solution provider, to 1.52% after selling over 3.37 crore shares through an open market transaction on July 24, according to a stock exchange filing.

28 Jul 2026
TL;DR

Meta, BlackRock partner on $14B El Paso AI campus

Meta Platforms and BlackRock are collaborating to develop a $14 billion data center campus in El Paso, Texas, with BlackRock-managed funds owning 80% and Meta retaining 20%.

28 Jul 2026
TL;DR

Varun Beverages Q2 net profit rises 15.1% to ₹1,525.3 cr

Varun Beverages reported a 15.1% rise in consolidated net profit to ₹1,525 crore for Q2 CY26, alongside a 20.4% growth in net revenues to ₹8,451 crore.

28 Jul 2026
TL;DR

Alembic Pharmaceuticals shares rise after FDA approves prucalopride tablets

Alembic Pharmaceuticals received final USFDA approval to market Prucalopride Tablets in the US, targeting a $100 million market for chronic idiopathic constipation treatment.

28 Jul 2026
TL;DR

MV Electrosystems opens 290cr IPO July 30 to August 3

MV Electrosystems will open its Rs 290 crore IPO on July 30, 2026, with a price band of Rs 400-425 per share to fund expansion and innovation initiatives.

28 Jul 2026
TL;DR

Microsoft, Uber, Hyatt adopt chatbots, voice tech causing job losses

AI-powered tools are reshaping customer service, with companies like CBA, Microsoft, and Uber cutting thousands of call center jobs to reduce costs and automate routine tasks.

28 Jul 2026
TL;DR

Global semiconductor stocks tumble as China develops advanced chip machines

Semiconductor stocks are under pressure globally as China's advancements in chipmaking technology and concerns over AI-related valuations weigh on investor sentiment.

28 Jul 2026
TL;DR

Pine Labs posts ₹737cr in Q1 FY2027, profits quadruple

Pine Labs reported Rs 737 crore in revenue for Q1 FY27, marking a 20% YoY growth, while its profit surged over fourfold to Rs 20 crore during the same period.

28 Jul 2026
TL;DR

Flipkart's Ekart launches nationwide franchise network for MSMEs D2C FMCG

Ekart, Flipkart Group's logistics arm, now offers its pan-India network to MSMEs, D2C brands, and FMCG companies through a franchise model and enhanced warehousing capabilities.

28 Jul 2026
Android

Google rivals seek billions in damages after $1B EU fine

Google is facing a new wave of costly lawsuits in Europe, after losing a key case under new EU legislation.

28 Jul 2026
Hyderabad

AMD to hire 4,500 employees in India

Advanced Micro Devices (AMD), a leading US-based semiconductor company, has announced plans to expand its workforce in India.

28 Jul 2026
TL;DR

AstraZeneca India opens integrated genomic solutions centre in Amaravati

AstraZeneca India will set up an Integrated Genomic Solutions Centre in Amaravati, advancing cancer care through AI-driven precision oncology and genetic research.

28 Jul 2026
TL;DR

India's private space startups: $113 million this year, $871 million since 2021

India's SpaceTech startups secured $113M in equity funding in 2026, pushing total investments since 2021 to $871M, with Bengaluru leading as the sector's primary investment hub.

28 Jul 2026
TL;DR

India plans up to 25% LPG from US by 2027

India aims to source up to 25% of its LPG imports from the US by 2027, reducing reliance on the Middle East and bolstering energy security amid geopolitical risks.

28 Jul 2026
TL;DR

Apollo Micro Systems to upgrade 500-kg bombs for IAF

Apollo Micro Systems has been empanelled by the Indian Air Force as a Prime Development Agency for the Indigenous Precision Range Extension Kit (IPREK) programme.

28 Jul 2026
TL;DR

Anand Rathi backs Manipal Health IPO as long term investment

Anand Rathi recommends a "Subscribe Long Term" rating for Manipal Health Enterprises Ltd's IPO, highlighting its extensive hospital network and robust financial performance.

28 Jul 2026
TL;DR

Bitcoin hovers near $63,000 as Fed announcement keeps markets cautious

Bitcoin traded near $63,000 on Tuesday as investors awaited the Federal Reserve's policy decision, despite easing geopolitical tensions and recent market volatility.

28 Jul 2026
TL;DR

Iris Clothings Q1 FY2027 profit jumps 53% to ₹4 cr

Iris Clothings reported a 53% rise in net profit to ₹4 crore for the June quarter, driven by strong demand, with revenue increasing 26% to ₹47 crore.

28 Jul 2026
TL;DR

LIC names Shatmanyu Shrivastava new CFO after Sunil Agrawal exit

State-owned LIC has named Shatmanyu Shrivastava as its Chief Financial Officer, succeeding Sunil Agrawal, who resigned in June after over four years in the role.

28 Jul 2026
TL;DR

Suzlon Q1 FY27 profit falls 6% as revenue hits ₹3,819cr

Suzlon Energy reported a 6% YoY decline in Q1 FY27 net profit to ₹305 crore, despite a 23% rise in revenue to ₹3,819 crore driven by higher deliveries.

28 Jul 2026
TL;DR

Gulf and North Africa family offices invest in Indian equities

Over 50 family offices from the Gulf and North Africa are shifting focus to India, marking a structural change as they adopt dedicated country-specific investment strategies.

28 Jul 2026
TL;DR

India 2nd-largest tobacco producer as export value rises 166.51%

India's tobacco exports soared 166% in value over the past decade, reaching ₹17,192.04 crore, driven by government interventions supporting farmers and ensuring market stability.

28 Jul 2026
TL;DR

TRAI June figures: Vodafone Idea records 5th straight subscriber gain

Vodafone Idea (VIL) added 1,63,757 mobile subscribers in June 2026, marking its fifth consecutive month of net additions, according to TRAI's latest telecom data.

28 Jul 2026
Flipkart

Swiggy appoints ex-Myntra chief Nandita Sinha as Instamart CEO

Swiggy has announced a major leadership change in its quick commerce business, Instamart.

28 Jul 2026
Asia

Why IT stocks are rising as AI chip stocks fall

The Indian IT sector has shown resilience amid a global sell-off in chipmakers.

28 Jul 2026
TL;DR

Standard Chartered India pivots to wealth management, Saurabh Jain leaving

Standard Chartered India faces multiple senior leadership departures as it reshapes its wealth business and shifts focus from mass-market retail banking.

28 Jul 2026
Hong Kong

Chinese AI infrastructure supplier Zhongji Innolight raises $6.8B in IPO

Chinese optical components manufacturer, Zhongji Innolight, has raised HK$53.41 billion ($6.81 billion) through its Hong Kong listing.

Indo-MIM IPO allotment today: How to check status online

Indo-MIM's initial public offering (IPO) allotment is likely to be finalized today.

28 Jul 2026
TL;DR

Swiggy stock up 5.4% after Instamart CEO Jha announced departure

Swiggy's share price rose 5.4% on July 28 following the resignation of Instamart CEO Amitesh Kumar Jha, who stepped down to pursue other opportunities.

28 Jul 2026
TL;DR

BigBasket posts ₹3,073 cr consumer losses after quick commerce shift

BigBasket's consumer-facing business reported a 7.7% revenue rise to Rs 8,223 crore in FY26, while its losses widened by 66% to Rs 3,073 crore during the same period.

28 Jul 2026
TL;DR

UpGrad to acquire Unacademy in ₹1,955cr all-stock deal, CCI cleared

Unacademy investors will gain a board seat on UpGrad as the Rs 1,955-crore all-stock merger nears completion, with regulatory approvals and agreements almost finalized.

28 Jul 2026
TL;DR

Indian brands experiment with AI influencers while remaining cautious

Indian brands are experimenting with AI influencers for scalability and efficiency, but human creators still dominate budgets due to their unmatched credibility and audience trust.

28 Jul 2026
TL;DR

Invesco Mutual Fund launches Sensex and Nifty Bank ETFs

Invesco Mutual Fund has introduced the Invesco India BSE Sensex ETF and Invesco India Nifty Bank ETF, with the NFO open from July 28 to August 11.

28 Jul 2026
TL;DR

Tata Communications and TTBS launch AI platform for India's SMBs

Tata Communications and TTBS have joined forces to launch a unified AI platform, empowering India's 60 million SMBs with accessible enterprise-grade AI solutions.

28 Jul 2026
Elon Musk

SpaceX loses $1.2 trillion in market value in post-IPO slump

SpaceX has witnessed a massive decline in its market capitalization, losing over $1.2 trillion since hitting a peak price of $225.64 in June.

28 Jul 2026
TL;DR

Swiggy appoints Nandita Sinha to lead Instamart replacing Amitesh Jha

Swiggy has named former Myntra CEO Nandita Sinha as Instamart's new CEO, effective August 3, while outgoing CEO Amitesh Jha will exit the company.

28 Jul 2026
TL;DR

Kerala jewelers urge duty cuts on gold and silver

The Kerala Gold and Silver Merchants Association urges the Centre to rationalise gold and silver import duties, citing increased smuggling and challenges for legitimate traders.

28 Jul 2026
TL;DR

Ternus pledges Apple entertainment expansion and Cook vows quality

Apple's next CEO, John Ternus, plans to expand the company's success in original TV and film content, building on hits like "CODA" and Emmy-winning series "Ted Lasso."

28 Jul 2026
Apple Pay

X Money digital payments service launched in US

Elon Musk's social media platform, X, has launched a new feature called 'X Money.'

28 Jul 2026
TL;DR

SEBI starts closing auction session for F&O from August 3

From August 3, 2026, SEBI introduces new stock market timings and a Closing Auction Session for F&O stocks, altering how closing prices are determined and extending trading hours.

28 Jul 2026
TL;DR

Metalic Technoforge opens at ₹87 on NSE, 13% above ₹77

Metalic Technoforge shares listed at ₹87 on NSE, a 13% premium to the IPO price of ₹77, before trimming gains to trade at ₹83.50 by mid-morning.

28 Jul 2026
TL;DR

TPG backed Fibe launches credit AI radar ahead of IPO

Fibe, backed by TPG, has launched Credit AI Radar (CAIR), an advanced platform to help users manage and improve credit health ahead of its ₹750 crore IPO.

28 Jul 2026
TL;DR

Nikkei slides 4.34% to 2 month low amid AI fears

Japan's Nikkei index dropped over 4% to a two-month low, driven by sharp declines in semiconductor and AI-related stocks following a global technology selloff led by U.S. markets.

28 Jul 2026
TL;DR

L&T wins over ₹15,000cr TenneT offshore framework with Hitachi Energy

Larsen & Toubro (L&T) has clinched an "ultra-mega" order worth over ₹15,000 crore for a 2 GW offshore wind programme in partnership with TenneT and Hitachi Energy.

28 Jul 2026
TL;DR

India sets $0.766/kg PVC import floor to boost local production

India's minimum import price on PVC resin is set to raise domestic prices, benefiting local manufacturers but increasing costs for housing, infrastructure, and small businesses.

28 Jul 2026
TL;DR

Chinese stocks drop as investors question AI hype, tech spending

Chinese stocks hit a one-week low, with the CSI300 dropping 2.3%, as tech and semiconductor shares faced sharp selloffs driven by investor skepticism over AI-driven valuations.

28 Jul 2026
TL;DR

EU $1 billion fine sparks $10 billion lawsuits against Google

Smaller competitors are pursuing up to $10 billion in damages following Google's record $1 billion EU fine under the Digital Markets Act for anti-competitive practices.

28 Jul 2026
TL;DR

Air India to begin 'Easy Connect' Amritsar flights via Delhi

Air India plans to introduce inbound international flights under the Hub and Spoke model, enabling seamless immigration and baggage collection at Amritsar within two months.

28 Jul 2026
TL;DR

India's services PMI falls to 53.1, weakest since early 2022

India's services PMI dropped to 53.1 in July, marking its lowest since February 2022. Rising costs suggest Indians may be spending more but consuming fewer services.

28 Jul 2026
TL;DR

Coal India shares slip over 3% despite 0.7% profit rise

Coal India shares fell over 3% on Tuesday after Q1FY27 results revealed weak operating performance, higher costs, and softer-than-expected realisations.

28 Jul 2026
TL;DR

CBDT announces ITR-BN form for block assessments effective April 1, 2026

The CBDT has introduced the ITR-BN form under the Income-tax Act, 2025, for taxpayers undergoing block assessment after search and seizure operations initiated from April 1, 2026.

28 Jul 2026
TL;DR

EPFO launches Aadhaar login portal to transfer old PF balances

EPFO has introduced a digital platform enabling members to trace and transfer old EPF account balances using Aadhaar authentication, ensuring a seamless and secure process.

28 Jul 2026
Netflix

Netflix faces lawsuit over executive's firing after team retreat

Kevin Baillie, a former Vice President and Head of Creative at Eyeline Studios, Netflix's visual effects division, has filed a lawsuit against the company.

28 Jul 2026
TL;DR

Cursor launches Cursor Start at ₹649 for Indian developers

AI coding startup Cursor launches ₹649-a-month subscription tailored for India, targeting its booming developer market as it prepares for a $60 billion acquisition by SpaceX.

28 Jul 2026
TL;DR

Tata Sons releases FY26 results and board proposes big dividend

Tata Sons' FY26 Annual Report highlights its commitment to AI, semiconductors, aviation, and advanced manufacturing amid strong financial performance across established businesses.

28 Jul 2026
TL;DR

CXMT Shanghai debut stock surges 500% to $540B, Nifty steadies

Global semiconductor sell-off, driven by China's CXMT debut, pressured markets on Tuesday, while Indian IT stocks outperformed with gains led by TCS and Infosys.

28 Jul 2026
TL;DR

Indian IT index rises 3% as global tech stocks slide

Indian IT index surged 3%, defying a global tech selloff, as chipmakers faced mounting doubts over AI spending returns. Coforge and Mphasis led gains amid investor optimism.

28 Jul 2026
TL;DR

Coforge Q1FY27 profit rises 49.1%, stock jumps over 9%

Coforge shares soared over 9% after the company reported a 49.1% y-o-y rise in consolidated PAT to ₹531.7 crore and a 49.2% revenue growth in Q1FY27.

28 Jul 2026
TL;DR

Zhongji Innolight raises $6.81 billion in Hong Kong IPO

Chinese optical components maker Zhongji Innolight raised $6.81 billion in Hong Kong’s largest equity offering since 2019, marking Asia’s second-biggest IPO of 2026.

28 Jul 2026
TL;DR

Xtranet Technologies IPO allotment expected today after ₹166.80cr 12.24x bids

Xtranet Technologies is set to finalise its Rs 166.80 crore IPO allotment today, with a Grey Market Premium (GMP) indicating modest listing gains of around 6%.

28 Jul 2026
TL;DR

Cadence Design Systems raises 2026 forecasts to $6.34 billion

Cadence Design Systems increased its 2026 revenue and profit forecasts, driven by soaring demand for its AI-powered chip design software used by tech giants like Nvidia and Apple.

28 Jul 2026
TL;DR

Indian 10-year yield slips after easing US and Iran tensions

Indian bond yields opened two basis points lower on July 28, supported by softer Brent crude prices and anticipation of steady interest rates from the US Federal Reserve.

28 Jul 2026
TL;DR

HSBC pulls in $5.5bn NRI deposits under RBI concessional window

HSBC has secured $5.5 billion in non-resident Indian deposits by offering high leverage, outpacing rivals like Standard Chartered and leveraging a special RBI concessional window.

28 Jul 2026
TL;DR

Indo-MIM IPO allotment expected today ahead of July 30 listing

The basis of allotment for the Indo-MIM IPO is expected today, with a strong grey market premium of 39% signaling potential listing gains ahead of its July 30 debut.

28 Jul 2026
TL;DR

MSCI Asia Pacific index falls 3.5% amid semiconductor selloff

Asian stocks tumbled over 10% from their June 22 peak, driven by a deepening selloff in chipmakers amid growing skepticism about the sustainability of the AI-driven rally.

28 Jul 2026
Johnson & Johnson

Johnson & Johnson settles talc cancer lawsuits for $5.5B

Johnson & Johnson (J&J) has agreed to a landmark settlement of $5.5 billion, resolving thousands of lawsuits linking its talc products with ovarian cancer.

28 Jul 2026
NVIDIA

South Korea's KOSPI crashes 8% as chip stocks tumble

South Korea's KOSPI index plummeted by nearly 8% on Tuesday, triggering a temporary suspension of program trading.

28 Jul 2026
TL;DR

India's markets rebound after Sensex gains 776, Nifty 228

Sensex and Nifty opened flat on July 28, 2026, as easing US-Iran tensions led to a slump in crude oil prices, boosting investor sentiment and strengthening the Indian rupee.

28 Jul 2026
TL;DR

Indian rupee opens at ₹95.76 after best 6 week session

The rupee opened 15 paise higher at 95.76 per dollar, supported by RBI intervention and softer Brent crude prices, boosting investor sentiment amid robust foreign currency inflows.

28 Jul 2026
TL;DR

Satya Nadella says Chinese low-cost AI needs US infrastructure

Satya Nadella addressed Wall Street's concerns over low-cost Chinese AI models, emphasizing that trust in American infrastructure and an open ecosystem ensures US tech dominance.

28 Jul 2026
TL;DR

X begins rolling out X Money to US premium tiers

X Money is a financial service integrated into the X app, offering deposit accounts, peer-to-peer payments, and up to 6% APY for Premium subscribers.

28 Jul 2026
TL;DR

Eighth Central Pay Commission holds Chennai and Puducherry consultations

The 8th Central Pay Commission will hold stakeholder consultations in Chennai on September 7-8 and Puducherry on September 9 to discuss pay revision recommendations.

28 Jul 2026
TL;DR

Gold slips as dollar nears monthly high ahead Fed meeting

Gold prices dipped 0.5% as a stronger dollar pressured bullion, while investors await the Federal Reserve's policy meeting for potential interest rate decisions.

28 Jul 2026
TL;DR

Investors doubt AI spending as global chip stocks tumble

Global semiconductor stocks face sharp declines as AI boom sustainability concerns grow, while rising Chinese competition adds pressure to South Korean and Japanese chipmakers.

28 Jul 2026
TL;DR

US dollar hits 1 month high as traders eye Fed

The U.S. dollar surged to a one-month high as traders assessed lingering chances of a Federal Reserve rate hike, supported by easing inflation concerns from falling oil prices.

28 Jul 2026
TL;DR

South Korea's Kospi plunges 8% as chip firms' shares tumble

South Korea's Kospi plunged 8% as Samsung Electronics and SK Hynix shares tumbled, driven by fears over China's rising competition and AI infrastructure financing risks.

28 Jul 2026
TL;DR

SK Hynix market value drops $470bn as shares fall 38%

SK Hynix's shares plunged 38% from their June peak, erasing $470 billion in market value, as concerns over rising memory costs and leverage-induced volatility unsettle investors.

28 Jul 2026
TL;DR

Mohammad Alhawi: UAE to boost India investments in AI logistics

UAE sovereign wealth funds and companies are set to expand investments in India, focusing on AI, logistics, food security, and infrastructure to strengthen bilateral economic ties.

28 Jul 2026
TL;DR

Brazil takes US to WTO over Trump-era 25% tariffs

Brazil has initiated a WTO dispute against US tariffs, claiming they violate global trade rules and unfairly target Brazilian exports under alleged forced labour concerns.

28 Jul 2026
TL;DR

Johnson & Johnson agrees $5.5 billion talc ovarian cancer settlement

Johnson & Johnson has agreed to a $5.5 billion settlement to resolve nearly 69,000 lawsuits alleging its talc-based products, including baby powder, caused ovarian cancer.

28 Jul 2026
TL;DR

Brent and WTI fall after US pauses strikes on Iran

Oil prices dropped 1% as hopes for a diplomatic resolution between the U.S. and Iran eased concerns over Middle East energy disruptions, despite ongoing geopolitical uncertainties.

28 Jul 2026
TL;DR

Rupee jumps 66 paise to 95.91 after RBI governor's comment

The rupee gained 66 paise to close at 95.91 against the dollar after RBI governor Sanjay Malhotra highlighted its undervaluation and robust foreign currency inflows.

28 Jul 2026
TL;DR

Asian stocks fall sharply as AI deal frenzy spooks investors

Asian equities dropped as concerns over AI spending hit chipmakers. Oil prices extended their decline, with Brent crude experiencing its steepest drop in months.

28 Jul 2026
TL;DR

Home First Finance starts FY27 net profit up 35% ₹160cr

Home First India Finance reported a 35% rise in Q1 FY27 net profit to Rs 160 crore, driven by a 19% increase in total income and robust business growth.

28 Jul 2026
TL;DR

Federal judge Katherine Menendez pauses Minnesota ban on prediction markets

A federal judge granted Kalshi and Polymarket a preliminary injunction against Minnesota's prediction market ban, citing likely preemption by the federal Commodity Exchange Act.

28 Jul 2026
TL;DR

Supreme Court: promoters directors lose insolvency protection in consumer cases

The Supreme Court clarified that the moratorium under the Insolvency and Bankruptcy Code applies only to corporate debtors, not to promoters or directors facing legal proceedings.

28 Jul 2026
TL;DR

DOE ARPA-E awards Thea Energy $20 million for fusion superconducting magnets

Thea Energy received a $20 million ARPA-E grant to manufacture modular high-temperature superconducting magnets for its innovative stellarator-based fusion reactors.

28 Jul 2026
TL;DR

Bank of Baroda files cyber claim after nearly 1TB leak

Bank of Baroda has filed a preliminary claim under its ₹750 crore cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer data on the darknet.

28 Jul 2026
TL;DR

RMZ, Colt Data Centres plan ₹1.77L/cr 1.25GW Visakhapatnam data center

RMZ and Colt Data Centres will invest ₹1.77 lakh crore to establish a 1.25-GW data centre in Visakhapatnam, approved by Andhra Pradesh's SIPC for phased development until 2036.

28 Jul 2026
TL;DR

Antares Nuclear raises $470 million to build SMRs for US military

Antares Nuclear raised $470 million in a Series C round to develop small modular reactors (SMRs) for U.S. military bases, targeting deployment by 2028.

28 Jul 2026
TL;DR

NVIDIA to invest $5B in SSI, co-founded by Ilya Sutskever

Nvidia is making a $5 billion equity investment in Safe Superintelligence, an AI startup co-founded by OpenAI's ex-chief scientist Ilya Sutskever, to enhance computing resources.

28 Jul 2026
TL;DR

SpaceX shares plunge after Starship crash despite Starlink deployment

SpaceX shares hit a record low of $108.66 after the Starship booster failed to land successfully, marking a challenging debut for the company post-IPO.

27 Jul 2026
Air India

Air India, Modi government partner to promote Indian tourism globally

The Ministry of Tourism (MoT) has signed a Memorandum of Understanding (MoU) with Air India.

27 Jul 2026
HDFC Bank

Why HDFC Bank has fined its CEO, CFO ₹1L each

HDFC Bank has imposed a fine of ₹1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan, and Group Head-Retail Assets Arvind Vohra.

27 Jul 2026
Ratan Tata

Why transfer of Ratan Tata's stocks to charity is delayed

The transfer of 3,368 Tata Sons shares owned by the late Ratan Tata to two charitable entities has been delayed.

27 Jul 2026
India

Indians with ₹100cr+ income touches 5-year high, says Finance Ministry

The number of individuals declaring a gross total income (GTI) of ₹100 crore or more has hit a five-year high in India.

27 Jul 2026
India

Why specialist deep-tech funds are now spawning in India

India's push for self-reliance in semiconductors, defense, space, and artificial intelligence (AI) is giving rise to a new breed of specialized deep-tech funds.

27 Jul 2026
HCL

HCLTech will now cater to small businesses in India

HCL Technologies, India's third-largest IT services company, has launched a dedicated business unit for small and mid-sized companies.

Global IT spending to reach $6.37 trillion in 2026: Gartner

Global IT spending is projected to grow by 14.2% in 2026, reaching $6.37 trillion from $5.58 trillion in 2025, according to a recent report by Gartner.

27 Jul 2026
Indian Government

Centre clears RBI proposal to test ₹10, ₹20 plastic banknotes

The Indian government has approved the Reserve Bank of India's (RBI) proposal to conduct field trials of polymer banknotes in the ₹10 and ₹20 denominations.

27 Jul 2026
United States of America

Shein swung to $99M loss in Q1. Reason? Donald Trump

Fast-fashion giant Shein, which is headquartered in Singapore but was founded in China, has reported a loss of $99 million in Q1 2026.

27 Jul 2026
Apple

Apple negotiating lower prices for iPhone 18 Pro Max display

Apple is negotiating with its display suppliers to lower the prices of OLED panels for the upcoming iPhone 18 Pro Max.

27 Jul 2026
Paytm

Paytm users can now file ITRs via ClearTax for ₹11

Paytm has teamed up with ClearTax, a tax-filing platform, to provide online income tax return (ITR) filing services via its app.

27 Jul 2026
Air India

Tata Sons FY26 profit jumps 22% to ₹31,961cr

Tata Sons has reported a 22% surge in its annual profit for the fiscal year ending March 2026.

27 Jul 2026
Indian Economy

How small-ticket loans are driving India's consumption story

India's consumption story is being driven by easy access to credit, with small-ticket consumer loans becoming the preferred financing option for discretionary purchases.

27 Jul 2026
China

Why China's export curbs threaten $6.5 trillion supply chains

China's recent export restrictions on critical minerals and rare earth elements could endanger an estimated $6.5 trillion worth of annual downstream production outside the country, the International Energy Agency (IEA) has warned.

27 Jul 2026
Deepinder Goyal

Deepinder Goyal's Temple doubles valuation to $375M in 5 months

Temple, a wearable tech start-up founded by Deepinder Goyal, the founder of Eternal, has launched an employee stock ownership plan (ESOP) liquidity program.

27 Jul 2026
Apple

Why budget smartphones are struggling in India

India's smartphone market witnessed a major slowdown in the April-June quarter, with a 10% year-on-year (YoY) decline.

27 Jul 2026
Donald Trump

US appeals court blocks Trump's mail-in voting order

A federal appeals court has blocked President Donald Trump's executive order aimed at tightening mail-in voting rules in 23 states.

27 Jul 2026
India

Why India's shipping costs are rising despite falling oil prices

Despite a decline in oil prices, India's shipping industry is still facing high freight costs.

27 Jul 2026
Indian Government

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

Indian government bonds witnessed a major rally at the start of the week today, recovering from last week's losses.

27 Jul 2026
Indian Rupee (INR)

Can INR strengthen to 95/$ in coming months?

The Indian rupee could appreciate against the US dollar in the coming months, according to Anindya Banerjee, Head of Research-Currency, Commodity, and Interest Rate Derivatives at Kotak Securities.

27 Jul 2026
Bitcoin

Bitcoin rebounds above $65,000

Bitcoin (BTC), the world's largest cryptocurrency by market cap, has surged past the $65,000 mark. The price is up by some 1.2% in the last 24 hours.

27 Jul 2026
Infosys

What's driving the rally in Indian IT stocks today

Leading Indian IT stocks, including Infosys and Tata Consultancy Services (TCS), witnessed a significant surge in their share prices on Monday.

27 Jul 2026
Chennai

8th Pay Commission to hold meetings with stakeholders in September

The 8th Pay Commission has announced its plan to hold meetings with employee and pensioner bodies, as well as other stakeholders in Chennai and Puducherry.

27 Jul 2026
Reserve Bank Of India (RBI)

RBI's latest move may bring $85B in forex inflows

India is poised to witness a major surge in Foreign Currency Non-Resident (Bank) deposits, with projections of inflows between $65-70 billion by the end of the scheme.

27 Jul 2026
Sanjay Malhotra

RBI's forex measures attract $32B in foreign inflows

The RBI Governor Sanjay Malhotra has revealed that banks have successfully mobilized nearly $32 billion through Foreign Currency Non-Resident Bank (FCNR(B)) deposits.

27 Jul 2026
US Dollars

Why gold and silver prices are rallying today

Gold prices rose on Monday, buoyed by a weaker US dollar and lower Treasury yields.

27 Jul 2026
China

China's factory profits slow as exports offset weak demand

China's industrial profits saw a 15.1% year-on-year increase in June, data from the National Bureau of Statistics showed on Monday.

27 Jul 2026
Indonesia

India on track to meet ₹50,000cr defense export target

India is on track to achieve its defense export target of ₹50,000 crore by 2030.

27 Jul 2026
Donald Trump

Sensex jumps 600 points: What's driving today's rally?

The Indian stock market witnessed recovery today, with the Sensex and Nifty opening sharply higher.

Indo-MIM IPO GMP hits 40% as issue closes today

The initial public offering (IPO) of Indo-MIM Ltd, a manufacturer of precision engineering components, is set to close today.

27 Jul 2026
China

Chinese chipmaker CXMT jumps 470% in blockbuster market debut

China's memory chipmaker Changxin Technology Group (CXMT) has witnessed an unprecedented surge of 472% in its debut on Shanghai's STAR Market.

27 Jul 2026
Donald Trump

Oil prices drop 5% as US, Iran consider halting attacks

Oil prices witnessed a sharp decline on Monday, following a weekend of restraint from both the United States and Iran.

27 Jul 2026
Amazon

Major win for Amazon: India relaxes FDI-norms for e-commerce firms

In a major policy shift, the Indian government has relaxed its foreign direct investment (FDI) rules.

26 Jul 2026
India

This European satellite operator now has an Indian subsidiary

European satellite operator, Sateliot, has set its sights on India's booming Internet of Things (IoT) sector.

This Carlyle subsidiary wants to raise ₹4,700cr via IPO

Carlyle Group, a leading private equity firm, is gearing up for a $500 million (approximately ₹4,700 crore) initial public offering (IPO) of its Indian automotive platform, Highway Roop Precision Technologies.

26 Jul 2026
Tencent

Chinese tech giant fires employee over leaked ₹4.5cr salary package

In a shocking turn of events, Chinese tech giant Tencent has fired an employee after his multi-million yuan salary package was leaked online.

26 Jul 2026
Air India

Why Air India is modifying its Boeing 787 aircraft

Air India is modifying some of its Boeing 787 aircraft to fix a potential problem with the door assist handles.

Why CCI is avoiding suo motu cases now

The Competition Commission of India (CCI) has said that it is avoiding suo motu cases unless no one else is willing to come forward.

When is your PF withdrawal tax-free?

The Employees' Provident Fund (EPF) scheme is a retirement savings plan for salaried employees in India.

26 Jul 2026
Punjab National Bank

PNB's net profit to cross ₹20,000cr mark in FY27

Punjab National Bank (PNB) is confident that its net profit will cross the ₹20,000 crore mark in FY27.

26 Jul 2026
Switzerland

India now one of the biggest markets for Swiss watches

India is fast emerging as a key player in the global Swiss watch market, according to the Federation of the Swiss Watch Industry.

26 Jul 2026
HDFC Bank

Market cap of India's top 9 firms down ₹2.74L crore

The Indian equity market witnessed a rough week, with nine out of the top 10 companies losing their market value. Together they lost ₹2.74 lakh crore.

26 Jul 2026
IRDAI

Individual salespersons should be linked to every insurance policy: IRDAI

Ajay Seth, the chairman of the Insurance Regulatory and Development Authority of India (IRDAI), has proposed an approach to combat mis-selling in the insurance sector.

26 Jul 2026
Nepal

Nepal urges India to accept biometric ID for cross-border travel

Nepal has formally requested India to accept its biometric National Identity (NID) card as a valid travel document for cross-border trips.