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Union FM Nirmala Sitharaman says India can grow over 10%
Union Finance Minister Nirmala Sitharaman expressed confidence in India's potential to surpass 10% economic growth, emphasizing technology and innovation's crucial role.
Moneycontrol Conclave: Lalit Keshre calls deeptech next Indian startup wave
Groww CEO Lalit Keshre highlights deeptech as India's emerging startup opportunity, with increasing foundational technology work and a supportive funding ecosystem.
Airbus flags fuselage coating issue affecting some IndiGo A321neo planes
Airbus has flagged a quality issue with the surface protection coating on the fuselage of several narrow-body A321neo planes.
Why NTPC has joined hands with France's EDF
State-owned power giant NTPC has signed a joint venture (JV) agreement with EDF Power Solutions India, a subsidiary of French electricity company Electricite de France (EDF).
PhonePe CEO Sameer Nigam thinks AI companies are overvalued
Sameer Nigam, the co-founder and CEO of PhonePe, has said that while artificial intelligence (AI) isn't overhyped, the valuations of companies in this space are definitely overstated.
Why Paramount Skydance is shifting its stock listing to NYSE
Paramount Skydance has announced its decision to shift the listing of its Class B common stock from Nasdaq to the New York Stock Exchange (NYSE).
Why Larry Ellison has pledged Oracle shares worth $9.2B
Larry Ellison, Oracle's executive chairman and chief technology officer, has pledged an additional 67 million shares of the tech giant as collateral for personal loans.
Why TikTok has agreed to pay $100M to Alabama
TikTok has settled a lawsuit with the state of Alabama, agreeing to pay at least $100 million and impose restrictions on teenage users.
This biscuit maker has filed for ₹1,800cr IPO in India
Anmol Industries, a leading Indian biscuit manufacturer, has filed for an initial public offering (IPO) worth up to ₹1,800 crore ($187.87 million).
India's forex reserves fall by $14.9B to hit $765B
India's foreign exchange reserves have witnessed a significant decline of $14.9 billion.
J Infratech files ₹600cr IPO, possible ₹120cr pre-IPO placement
J Infratech Ltd has filed for an IPO with Sebi, aiming to raise Rs 600 crore through a fresh issue of shares and an offer for sale by promoters.
Nscale secures major funding ahead of IPO
UK-based artificial intelligence (AI) company Nscale has raised a whopping $3.36 billion in financing, ahead of its planned initial public offering (IPO) later this year, the firm announced on Friday.
Matt Mullenweg reshuffles Automattic board weeks after removal attempt
Matt Mullenweg, the CEO of Automattic, has reshuffled the company's board just weeks after an unsuccessful attempt to remove him.
AI impersonation scam steals €95 million from Intesa Sanpaolo
Fraudsters using AI impersonation stole €95 million from Intesa Sanpaolo's Fideuram, with over half later recovered, but €36 million remains missing.
Francis Hourant says old job model over at WorldSkills Shanghai
WorldSkills president Francis Hourant emphasizes the end of lifelong careers, urging continuous learning as AI reshapes job landscapes and human skills remain crucial.
NTPC, EDF Power Solutions India form 50-50 partnership for renewables
NTPC and EDF Power Solutions India have formed a joint venture to develop renewable energy projects, focusing on pumped storage and hydropower in India and neighboring countries.
IIT Madras launches ₹1,000cr Unicorn Frontier Fund, 1st close ₹450cr
IIT Madras, IITMRP, and Unicorn India Ventures have achieved the first close of their ₹1,000 crore deep tech fund at ₹450 crore within three months of SEBI approval.
Paramount Skydance shifts Class B to NYSE amid $110B deal
Paramount Skydance will transfer its Class B common stock listing from Nasdaq to the New York Stock Exchange, with trading on NYSE starting October 6.
IDFC FIRST CEO V Vaidyanathan says AI will transform banking
IDFC FIRST Bank CEO V Vaidyanathan asserts that artificial intelligence will surpass digitisation in revolutionizing banking, enhancing customer experience and credit delivery.
Vishal Nirmiti Ltd IPO opens September 30 priced ₹208-₹220
Vishal Nirmiti Ltd's IPO will open on September 30, with a price band set at ₹208-₹220 per share. The offering includes fresh issues and an offer for sale, totaling ₹178 crore.
PhonePe's Sameer Nigam warns valuations high, calls voice AI next
PhonePe CEO Sameer Nigam stated that while AI itself is not overhyped, the valuations of companies in the AI sector are definitely overstated and may undergo a correction.
Deon Energy files SEBI IPO draft, plans 95.80cr 30MW plant
Deon Energy has filed draft papers with SEBI for an IPO, aiming to raise funds through a fresh issue and offer for sale, marking its entry into solar power generation.
Baanganga Gold and Diamond seeks up to 720cr IPO
Baanganga Gold & Diamond (I) Ltd has filed draft papers with SEBI to raise ₹720 crore through an IPO, comprising a fresh issue of ₹540 crore and an offer for sale of ₹180 crore.
Siemens merges 4 Digital Industries units into AI-focused automation business
Siemens AG, under CEO Roland Busch, is reorganizing to integrate digital and real-world products, aiming to enhance profitability by leveraging software and AI.
Larry Ellison pledges Oracle shares tied to Paramount Skydance takeover
Larry Ellison has pledged an additional 67 million Oracle shares, valued at $9.2 billion, as collateral for personal loans, marking a 19% increase since 2025.
Aequs to receive ₹650cr from promoter group via convertible warrants
Aequs Ltd's board has approved a ₹650 crore equity infusion to expand aerospace and consumer business capacities, with 50% payable upfront through promoter group warrants.
Indian startups raise $188.49 million with Ultraviolette and Ema leading
This week, Indian startups raised $188.49 million across various stages, with significant growth-stage deals and notable mergers and acquisitions shaping the landscape.
Santa Fe jury says Meta misled New Mexicans about data
A Santa Fe jury found Meta Platforms misled New Mexico residents about data sharing practices related to the Cambridge Analytica scandal.
Tata Sons tension over casting vote and N Chandrasekaran's chairmanship
Tata Sons has cited legal opinions from former Chief Justice of India UU Lalit and ex-Supreme Court judge BN Srikrishna to support N Chandrasekaran's reappointment.
AIIB to boost water projects amid India's El Nino drought
The Asian Infrastructure Investment Bank plans to increase water sector funding in India as El Niño weather patterns exacerbate drought conditions, threatening agricultural growth.
India, Australia working toward finalizing bilateral investment treaty: Piyush Goyal
India and Australia are working toward finalizing a Bilateral Investment Treaty (BIT) and a Comprehensive Economic Cooperation Agreement (CECA), Commerce Minister Piyush Goyal announced.
AI could boost labor productivity by 3.8%, says IMF
The International Monetary Fund (IMF) has released a working paper revealing that artificial intelligence (AI) could boost aggregate labor productivity by as much as 3.8% in the long run.
Adroit Industries ₹151cr IPO oversubscribed 332.35 times by non-institutional investors
Adroit Industries' ₹151-crore IPO was subscribed nearly 177 times, while Swastika Infra, Elevate Campuses, and ArMee Infotech also achieved full subscription.
Anmol Industries files ₹1,800 cr IPO selling family trust shares
Anmol Industries, an Indian biscuit maker, has filed for an initial public offering valued at up to 18 billion rupees ($187.87 million), with no new shares being issued.
Rapido brings Ownly to Hyderabad with ₹250 AOV
Rapido's food delivery venture, Ownly, debuts in Hyderabad, leveraging existing logistics to offer a lower-cost model with an average order value of Rs 250.
Rupee gains 15 paise to 95.81 after RBI dollar intervention
The Indian rupee appreciated by 15 paise to close at 95.81 against the US dollar, aided by large public sector banks selling dollars under the Reserve Bank of India's guidance.
India cuts duties on edible oils to curb food prices
The Union Government has reduced the Basic Customs Duty on major imported crude edible oils to moderate domestic prices and provide consumer relief ahead of the festival season.
European STOXX 600 posts best weekly gain amid oil fall
European shares recorded weekly gains as oil prices declined, breaking a three-week slump, despite ongoing geopolitical tensions in the Middle East and rising bond yields.
US and India near finalizing trade deal, 90% complete
A senior US official announced that the US-India trade deal is 90% complete, with only a few issues remaining, signaling a significant advancement in bilateral relations.
NVIDIA CEO Jensen Huang tells NYT unsafe labs must close
Nvidia CEO Jensen Huang suggested shutting down AI labs, including OpenAI, if they can't contain experiments, despite Nvidia's significant investments in the AI ecosystem.
Moneycontrol Startup Conclave 2026 in Bengaluru spotlights startups going global
The Moneycontrol Startup Conclave 2026 in Bengaluru will explore how Indian startups can scale globally, focusing on product, localisation, capital, and market scrutiny.
US Treasury yields hit highest since 2004, 30-year at 5.53%
The US 30-year Treasury yield surged to a multiyear high of 5.53% as consumer sentiment exceeded expectations, creating a market environment with little technical guidance.
Oil falls more than 2% amid US and Iran talks
Oil prices fell over 2% as US-Iran talks in New York explored a phased resolution to their conflict, while concerns about Saudi supply disruptions persisted due to Houthi attacks.
IMF finds AI could boost labor productivity up to 3.8%
Artificial intelligence may boost long-term labor productivity by up to 3.8%, according to an IMF study analyzing patent and employment data across developed economies.
Crusoe cancels $1.25B Boom Supersonic deal for 29 Superpower turbines
Crusoe, a Denver-based AI data center startup, has canceled its $1.25 billion agreement to use Boom Supersonic's turbines for powering its facilities, citing evolving energy needs.
Matt Mullenweg regains control of Automattic board after ouster attempt
Automattic CEO Matt Mullenweg has restructured the company's board following a failed attempt by previous directors to place him on leave.
TikTok to pay Alabama $100 million, adding 2 hour daily limit
TikTok and its parent company, ByteDance, settled with Alabama for at least $100 million over claims of youth addiction, days before a scheduled trial.
CCPA fines Amazon, Flipkart ₹10L each, JioMart ₹5L over Cyclosinone
Amazon, Flipkart, and JioMart were fined by CCPA for selling an unregistered agrochemical product, Cyclosinone Herbicide, violating the Insecticides Act.
DOJ seizes millions from Tether amid alleged Capstone fraud probe
The US Department of Justice has seized millions from Tether Limited's bank accounts and crypto wallets amid allegations of involvement in illegal financial activities.
India to unveil BIT model allowing arbitration after 1 year
India is set to approve a new bilateral investment treaty model, facilitating agreements with countries like Australia and Canada to enhance investor protection.
Reserve Bank of India limits exporters' repatriation to 9 months
The Reserve Bank of India has reversed its decision to allow exporters 15 months for repatriating earnings, now requiring them to bring back proceeds within 9 months.
Joe Lonsdale says AI firms hype risks to influence regulation
Joe Lonsdale, an investor in Anthropic, argues that leading AI companies like OpenAI are using fear to influence public policy and potentially entrench their market dominance.
Nscale raises $3.36 billion in convertible notes ahead of IPO
British AI neocloud company Nscale has secured $3.36 billion in convertible financing, led by Third Point and Nvidia, ahead of its anticipated IPO later this year.
IITs ban Oracle, others from campus recruitment for 2 years
The Indian Institutes of Technology (IITs) have decided to impose a two-year ban on 22 companies from campus recruitment.
MDR on UPI not influenced by external pressure: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has dismissed allegations that the decision to introduce a 0.4% Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) transactions was influenced by external pressure.
LIC MD Dinesh Pant retires prematurely after 15 months
The central government has approved the premature retirement of Dinesh Pant as the Managing Director of Life Insurance Corporation of India (LIC).
Nationwide bank strike: SBI waives ATM charges for 3 days
The State Bank of India (SBI) has announced a waiver on ATM charges for three days, from September 28 to 30.
Starbucks shuts 250 stores as turnaround continues
Starbucks has announced its decision to close 250 stores across North America.
India's start-up funding rises to $10.3B, but deal count plunges
India's tech start-ups raised $10.3 billion in funding during the first nine months of 2026, according to Tracxn's India Tech 9M 2026 report.
Ola Electric shares fall 9%: What's behind today's decline?
Ola Electric Mobility's shares have witnessed a sharp decline, falling by as much as 9% to ₹38.75 apiece on the NSE.
Blue Origin raises $10B as Bezos's investment hits $32B
Blue Origin, the aerospace venture founded by Jeff Bezos, has raised $10 billion in a funding round that values the SpaceX rival at $140 billion.
Goldman Sachs picks up stake in FirstCry parent company
Global investment bank Goldman Sachs has acquired a significant stake in Brainbees Solutions Ltd, FirstCry's parent company.
No commitment to 5-day workweek made for banks: Indian government
The Indian government has denied any commitment to a five-day workweek for banks.
Nifty IT index falls for 6th consecutive session
The Nifty IT index fell by 0.6% today, extending its losing streak to six consecutive sessions. The index has lost a total of 4% during this period.
Orient Cables IPO opens with 38% GMP: Apply or avoid?
The ₹552-crore initial public offering (IPO) of Orient Cables has opened for subscription today. The bidding will close on September 29.
India records highest-ever annual FDI inflow of $94.5B
India has achieved its highest-ever annual Foreign Direct Investment (FDI) of $94.53 billion in the fiscal year 2025-26.
Vi makes international roaming free on select plans
Vodafone Idea has launched a new service, offering free international roaming to its postpaid, prepaid, and enterprise customers. The initiative is part of the company's brand promise Vi Pe Sab Hain VIP.
UPI charges: Will 18% GST on MDR fee stay?
The Indian government has confirmed that it will not extend the October 15 deadline for implementing Merchant Discount Rate (MDR) on certain Unified Payments Interface (UPI) transactions.
Anthropic seeks shareholder approval to give founders majority voting control
Anthropic, a leading player in the enterprise AI space, is seeking shareholder approval for a new corporate structure.
Meta's Muse AI launch sends shares soaring 36% in September
Meta Platforms Inc., the parent company of Facebook, has seen a massive surge in its stock value, jumping by a whopping 36% in September.
After IRDAI's revamp proposal, Nithin Kamath warns of regulatory risk
Zerodha co-founder and CEO Nithin Kamath has warned that regulatory risk is the biggest threat to any regulated financial business.
Microsoft President Brad Smith to oversee communications
Microsoft has made a major organizational shift by moving its communications group from the marketing department to the Corporate, External, and Legal Affairs (CELA) organization.
Why US Treasury yields crossing 5% is worrying markets
The recent surge in the 10-year US Treasury yield, which recently crossed the 5% mark, has sparked concerns among investors.
US, China reach new trade agreement
The United States and China have reportedly reached a new trade agreement.
Adani to invest over ₹1 lakh crore in West Bengal
The Adani Group has announced an ambitious plan to invest over ₹1 lakh crore in West Bengal by 2035.
Elizabeth Holmes to leave prison for halfway house in 2027
Elizabeth Holmes, the former CEO of Theranos, has been approved for a transfer to a halfway house next year.
Morgan Stanley's email blunder exposes 100+ potential deals
Morgan Stanley is scrambling to contain the fallout from an email blunder that exposed details of over 100 potential investment-banking deals across Asia.
Reliance to raise ₹10,000cr via bonds
Billionaire Mukesh Ambani's Reliance Industries Limited (RIL) is gearing up for its second major fundraising round.
Amazon to invest $3B in India's fast delivery business
Amazon will invest $3 billion in its fast delivery business in India by 2030. The investment will focus on expanding its network of small neighborhood warehouses, improving delivery efficiency.
HSBC to re-enter India's stock broking business after 13 years
HSBC, the London-headquartered banking giant, is making a comeback in India's stock broking business after 13 years.
IRDAI wants insurers to show prices without personal details
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed major changes in the way insurance is distributed. The aim is to make the process more transparent, competitive, and customer-friendly.
No personal info? You can still view insurance product details
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a major change in the way insurance companies display their product information.
OpenAI asks court to dismiss xAI lawsuit over Apple partnership
OpenAI, the company behind ChatGPT, has requested a Texas federal judge to dismiss an antitrust lawsuit filed by Elon Musk's AI start-up, xAI.
Sensex falls over 650 points: Factors behind today's market selloff
The Indian stock market witnessed another downturn on Thursday, with the benchmark indices Sensex and Nifty both witnessing sharp declines.
SoftBank raises $11.1B via bonds to fund OpenAI investment
SoftBank Group has raised $11.1 billion through dollar and euro-denominated bonds. The move comes as part of its strategy to generate cash for further investments in artificial intelligence (AI).
NSE shares list at ₹1,800, just 0.8% above IPO price
The National Stock Exchange (NSE) has made its much-anticipated market debut on the Bombay Stock Exchange (BSE).
Banks to remain open Sunday ahead of 3-day nationwide strike
In a bid to minimize disruption in banking services, the Indian government has announced that all public sector banks and Regional Rural Banks will remain open on Sunday.
US, China extend trade truce until January 10
The United States and China have agreed to extend their trade truce until January 10, US Treasury Secretary Scott Bessent announced.
Trump made stock transactions worth up to $270M in July
US President Donald Trump made over 1,000 stock transactions in July alone, according to an analysis by The Guardian.
LG and Samsung facing tariff evasion probe in India
India is investigating South Korean electronics giants LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts for high-end televisions, as per Reuters.
Banks to remain open on Sunday ahead of proposed strike
In a bid to minimize disruption to banking services, all public sector banks and regional rural banks will remain open on Sunday (September 27).
Why SpiceJet is being probed by DGCA
The Directorate General of Civil Aviation (DGCA) is conducting an operational and financial scrutiny of budget carrier SpiceJet.
Insolvency case: Subhash Chandra moves NCLAT against asset freeze order
Zee Group founder Subhash Chandra has challenged an order by the National Company Law Tribunal (NCLT) that barred him from selling or transferring his assets.
India's private sector activity hits 3-month high in September
India's private sector activity witnessed a significant improvement in September, driven mainly by a stronger manufacturing sector.
Domestic air travel saw a 6% dip in August
India's domestic air traffic witnessed a decline of 6.34% month-on-month in August.
Oil prices below $100-a-barrel again: Here we decode why
Oil prices have dropped below the $100-a-barrel mark, with West Texas Intermediate (WTI) crude trading at $90.10 a barrel and Brent crude at $99.09 today.
India's GDP to grow at 6.9% in FY27: Fitch Ratings
Fitch Ratings has revised its forecast for India's GDP growth in FY27, increasing it from 6.4% to 6.9%.
Microsoft's new round of job cuts is here
Microsoft has initiated a fresh round of layoffs, impacting some 500 employees.
Adani Group firms settle SEBI's Hindenburg-linked probe for ₹1.5cr
Five companies of the Adani Group have settled adjudication proceedings with the Securities and Exchange Board of India (SEBI) for a total of ₹1.51 crore.
Commercial LPG cylinders are now cheaper in these areas
The price of a 19kg commercial LPG cylinder has dropped by ₹200-₹600 in some rural parts of Uttar Pradesh.
Your flights in India might become costlier this festive season
The Indian government has decided not to impose any cap on airfares for the upcoming festive season. However, airlines will be advised to keep the prices reasonable.
Modi government looking for job sectors that might be AI-proof
India's Commerce Ministry is looking into sectors that could withstand the impact of artificial intelligence (AI) on employment.
Gold falls 7% from August peak: Good time to buy?
Gold prices have witnessed a significant decline of 7.11% from their August peak of $4,658 per ounce on August 25.
Will new MDR rules affect salary payments via UPI?
The Indian government's recent clarification on the applicability of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions has left many employers and households wondering.
Maharashtra: Instamart unit, Amazon warehouse lose licenses in FDA crackdown
The Tukaram Mundhe-led Maharashtra Food and Drug Administration (FDA) has suspended the licenses of 10 businesses, including a Swiggy Instamart dark store in Mumbai.
Tesla faces trial over alleged racial discrimination at California factory
Tesla, the electric car company owned by Elon Musk, is facing a major trial in California.
Snapdeal pivots to value fashion as ₹420cr IPO approaches
Snapdeal, once a leading horizontal e-commerce marketplace in India, is gearing up for its public debut with a new strategy.
AMD crosses $1T market cap for first time
Advanced Micro Devices (AMD) has hit a major milestone by crossing a market capitalization of $1 trillion for the first time.
India's first blue bond launches September 28: What is it?
India's first blue bond will be issued on September 28 by Sagarmala Finance Corporation, the country's first maritime lender.