Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Ola Electric delays cell PLI timeline for profitability
Ola Electric Mobility Ltd has postponed its production-linked incentive (PLI) scheme timeline, prioritizing profitability over aggressive market penetration.
Russia plans to import 1M Indian workers this year
Russia is planning to import up to one million workers from India by the end of this year.
Groww Mutual Fund announces power sector-focused ETFs: Should you invest?
Groww Mutual Fund has announced two new passive investment schemes, the BSE Power ETF and the BSE Power ETF Fund of Fund (FoF).
This Goldman Sachs coder does not sleep or get paid
Goldman Sachs is integrating an artificial intelligence (AI) coder, Devin, developed by London-based start-up Cognition.
NITI Aayog advocates for service-centric US trade deal
NITI Aayog recommends India to pursue a service-oriented trade agreement with the US, emphasizing sectors like IT, financial services, professional services, and education.
PropShare Titania IPO launches on July 21
PropShare Titania, a scheme by Property Share Investment Trust, is set to launch its Rs 473 crore initial share sale on Dalal Street on July 21.
InGovern urges SEBI to act against Viceroy Research
InGovern has voiced concerns over unregulated foreign research firms like Viceroy Research impacting Indian markets without local regulatory scrutiny.
Musk asks xAI staff to install software for activity tracking
Elon Musk has sparked controversy by asking employees at his artificial intelligence (AI) startup, xAI, to install productivity-tracking software on their personal computers.
Trump's tariff threat sinks European stocks, auto sector hit hardest
European shares fell sharply on Monday, with the automobile sector taking a major hit.
HCLTech's Q1 deal wins drop by 39.5% QoQ
HCLTech's total contract value (TCV) fell by 39.5% quarter-on-quarter, with new deal wins amounting to $1.8 billion in Q1FY26.
SAEL, leading renewable energy firm, to invest ₹8,200cr in UP
SAEL Industries, a leading Indian renewable energy firm, has announced an investment of ₹8,200 crore to set up a state-of-the-art solar cell and module manufacturing plant in Uttar Pradesh.
Sun Pharma resolves dispute with Incyte Corp
Sun Pharmaceutical Industries has settled a litigation with Incyte Corporation over Leqselvi, a severe hair loss drug, in the US.
HDFC Bank CEO's annual salary increases by 12%
HDFC Bank's CEO, Sashidhar Jagdishan, saw a nearly 12% increase in his annual pay package, reaching Rs 12.08 crore in FY25.
Musk's surveillance raises concerns at xAI
Elon Musk's AI startup, xAI, is mandating employees to install productivity-tracking software on their personal devices, sparking discontent among the workforce.
Mining stocks suffer as market declines
Mining shares experienced a downturn in Monday's session, reflecting the overall market fall with the BSE Sensex closing down 247.01 points.
Nifty Bank index sees slight advance
The Nifty Bank index ended Monday on a positive note, advancing by 0.02% with Canara Bank and Federal Bank Ltd. leading the gains.
India's retail inflation falls to 6-year-low of 2.1% in June
India's retail inflation, as measured by Consumer Price Index (CPI), has hit a six-year-low of 2.1% in June, a sharp decline from May's rate of 2.82%.
Singapore avoids recession as economy grows 4.3% in Q2
Singapore's economy has shown stronger-than-expected growth in the second quarter of this year, expanding by 4.3% year-on-year.
Nifty Realty index sees 1.39% increase
The Nifty Realty index advanced by 1.39%, closing at 976.25, with Sobha Ltd., Godrej Properties Ltd., and Brigade Enterprises Ltd. among the top gainers.
8th Pay Commission: How will it impact your salary?
The Indian government is expected to form the 8th Pay Commission by January 2026, which aims to revise allowances, pensions, and salaries for current and retired central government employees.
Elon Musk rules out merger between Tesla and xAI
Elon Musk has denied the possibility of a merger between his electric vehicle company, Tesla, and his artificial intelligence start-up, xAI.
Rupee dips 22 paise against US Dollar
The Indian rupee depreciated by 22 paise, settling at 86.02 against the US dollar due to rising global crude oil prices and a strengthening greenback.
Indian firm SAEL invests heavily in solar manufacturing
SAEL Industries Ltd, an Indian renewable energy company, plans to invest $954.04 million in a 5-gigawatt integrated solar cell and module manufacturing facility in Uttar Pradesh.
Stock market report: Nifty IT index drops 1.11%
The Nifty IT index experienced a decline, closing 1.11% lower, with Tech Mahindra Ltd., Wipro Ltd., and Infosys Ltd. among the top losers of the day.
Intel's layoffs continue: 4000 jobs expected to be cut by July
Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.
HUL schedules board meeting for Q1 2025 results
Hindustan Unilever Ltd (HUL), a leading FMCG company, has planned its board meeting on July 31, 2025, to reveal the financial results for Q1FY26.
Indian investors increasingly opt for silver over gold
Indian investors are increasingly favoring silver over gold, as domestic silver prices have seen a 21% rise in the past three months, outpacing gold's 5% increase.
China's rare‑earth exports hit 16‑year high in June
China's exports of rare-earth metals in June reached their highest level since 2009, official data shows.
Why some shops are refusing UPI payments in Karnataka
The Karnataka Commercial Tax Department's recent move to issue demand notices to traders over Goods and Services Tax (GST) evasion has created a stir.
These deductions can help lower your taxable income: Check list
The Indian Income Tax Act, 1961, offers a variety of deductions to help taxpayers reduce their taxable income.
This mutual fund has tripled investors' wealth in 2 decades
The Baroda BNP Paribas Liquid Fund, which is managed by Vikram Pamnani and Gurvinder Singh Wasan, has almost tripled investor wealth since its launch.
Sensex down 1,600 points in 4-days: Here we decode why
The Indian stock market has witnessed a major downturn over the last four trading sessions. The benchmark index, Sensex, has plummeted by over 1,600 points or nearly 2%.
Apple's top management overhaul: Will CEO Tim Cook retire soon?
Apple is witnessing a major leadership overhaul with the retirement of key executives and the exit of others.
Flipkart targets Gen Z and smaller cities with video commerce
Flipkart aims to engage Gen Z and penetrate smaller cities in India through video commerce, a medium popular among younger shoppers.
NVIDIA's new lucrative market: Governments
Nvidia, the first company to reach a $4trn market value, is promoting "sovereign AI" systems to governments worldwide, potentially generating billions in revenue.
Bluegod Entertainment schedules meeting for stock split
Bluegod Entertainment, a small-cap stock under ₹20, has scheduled a board meeting on July 16 to discuss and approve a proposed stock split.
Castrol India shares soar following positive tax dispute ruling
Castrol India's shares surged by 6% after a favourable CESTAT ruling dismissed a ₹4,131 crore tax dispute with the Maharashtra Sales Tax Department.
Jane Street complies with India's regulatory order
Jane Street Group LLC has deposited $564 million in an escrow account amid an ongoing market manipulation probe by India's securities regulator.
PC Jeweller's shares dip 3.5%, market cap slips to ₹10,970cr
PC Jeweller's shares have witnessed a decline of 3.5%, now priced at ₹16.76 per share.
Bitcoin breaks $120,000: Record rally fueled by US 'Crypto week'
Bitcoin reached a historic high of $120,000 on July 14, 2025, driven by institutional investments and positive regulatory developments during the US 'Crypto Week'.
New UPI rule speeds up your refunds starting tomorrow
From July 15, the National Payments Corporation of India(NPCI) will implement new chargeback rules for Unified Payments Interface (UPI) transactions.
Swiggy grants stock options worth ₹150cr to employees
Swiggy, the popular food and grocery delivery platform, has announced a fresh round of employee stock option (ESOP) grants.
Ola Electric shares surge 17% despite ₹428cr Q1 loss—Here's why
Ola Electric Mobility's shares surged by 17% to ₹46.67 today, after the company announced that its auto segment achieved EBITDA positivity in June 2025.
China's exports surpass predictions post US trade truce
China's exports in June exceeded market forecasts, growing 5.8% year-on-year, following eased trade tensions with the U.S.
Wholesale inflation touches 15-month low of 0.13% in June
India's wholesale inflation rate has eased to a 15-month low of 0.13% in June, data released by the Indian government today has showed.
Gold prices climb to 3-week high: Check today's rates
Gold prices rose to a three-week high today, as renewed trade tensions are fueling safe-haven buying.
Reliance Infra shares see 4% jump today: What's fueling rally?
Anil Ambani-owned Reliance Infrastructure's shares witnessed a significant spike today after India Ratings and Research upgraded its credit rating by three notches.
Indian IT stocks down by 2% today: What's the reason?
Shares of major Indian IT companies fell today, following Tata Consultancy Services' (TCS) disappointing revenue report and cautious outlook.
Bitcoin hits all-time high of $121,000: Here we decode why
Bitcoin has hit an all-time high, crossing the $121,000 mark for the first time ever.
TCS Q1FY26 sees 1.44% share drop, 1.6% revenue decline
Tata Consultancy Services (TCS) shares fell by 1.44% as Q1FY26 revenue declined by 1.6%, missing projected estimates despite a profit beat.
Smartworks IPO closes with 1.9 times oversubscription
Smartworks Coworking Spaces Limited's IPO was oversubscribed by 1.9 times on its final day, attracting bids for 1.97 crore shares against the 1.04 crore shares offered.
Anthem Biosciences IPO sees muted interest on debut
Anthem Biosciences Limited's ₹3,395 crore initial public offering (IPO) witnessed a subdued response on its first day, with only 0.19 times subscription by midday Monday.
Ola Electric's unexpected stock surge amid revenue decline
Despite reporting a 50% revenue slump, Ola Electric Mobility's shares soared by 17%, driven by improved profitability in its auto segment and cost-saving initiatives.
Tariff tensions and weak earnings pull markets down
Global tariff concerns and a weak earnings outlook led to a third consecutive session of losses for Nifty and Sensex, with the latter dropping by 400 points.
Petronet LNG experiences 2.08% stock increase
Petronet LNG shares saw a 2.08% rise in Monday's trading session, closing at Rs 306.10. This positive movement indicates an uptick from the company's previous close.
HUDCO announces ₹3,000 crore NCD issue
Housing and Urban Development Corporation Limited (HUDCO) plans to issue ₹3,000 crore Non-Convertible Debentures (NCDs) via private placement on July 17, 2025.
H.G. Infra Engineering plans ₹400 crore debenture issuance
H.G. Infra Engineering Limited's Board has approved a ₹400 crore fundraise through the issuance of Non-Convertible Debentures (NCDs).
I-T department launches raids in bogus tax deductions case
The Income-Tax Department initiated multi-city raids investigating entities assisting individuals in claiming false tax deductions, as part of a tax evasion probe.
HDFC Bank announces AGM and board meeting dates
HDFC Bank has scheduled its Annual General Meeting (AGM) for August 8, 2025, and will declare its Q1 FY25-26 results on July 19, as per a recent exchange filing.
China's rare-earth exports reach decade high
China's rare-earth metal exports surged to their highest level since 2009 in June, amidst a deepening trade standoff with the US.
Swiggy announces ₹150 crore Esops under 2024 plan
Swiggy, the food and grocery delivery platform, has issued fresh employee stock options (Esops) valued at Rs 150 crore under its Esop 2024 plan.
India's wholesale inflation hits 15-Month low
India's wholesale inflation rate dropped to a 15-month low of 0.13% in June, while retail inflation also recorded a six-year low in May 2025.
Wipro's share price drops by over 2%
Wipro shares fell over 2% in Monday's trading session, reflecting a shift in investor sentiment. This decline comes amidst a broader downturn in IT shares.
Travel Food Services shares dip post-market debut
Travel Food Services Limited's shares fell below their issue price, trading at ₹1,080.20, following a lackluster debut on the stock market.
Sensex plummets 400 points: Reasons behind today's market fall
The Indian stock market experienced a significant drop today, with the Sensex falling over 400 points and the Nifty losing 100 points, largely due to a decline in IT stocks.
NVIDIA CEO heads to China as US lawmakers issue warnings
NVIDIA CEO Jensen Huang will host a media briefing in Beijing on July 16, the company has confirmed.
Gold prices rise for 4th consecutive day
Gold prices have increased for the fourth day in a row, with rates varying across major Indian cities. The surge is attributed to recent US tariff announcements.
TCS sees dip in $100M clients—but order book hits $9.4B
Tata Consultancy Services (TCS) has witnessed a drop in its number of clients contributing over $100 million to its revenue. The count fell to 62 in Q1 FY26, the lowest in five quarters.
China records high exports and surplus amid trade turmoil
Despite a tumultuous trade environment, China has emerged with record exports and a trade surplus of $586 billion in H1 2021.
PC Jeweller's shares experience 4% drop
PC Jeweller's shares fell by 3.5%, reducing the company's market capitalisation to under Rs 11,000 crore. Despite this, the stock has rallied by 35% in the past month.
Stock market update: Nifty Auto index declines
The Nifty Auto index experienced a 0.09% drop in a weak market on Monday, with Eicher Motors Ltd., Bharat Forge Ltd., and Maruti Suzuki India Ltd. among the top losers.
Explained: Ola Electric's 5% share gain
Ola Electric shares rose by over 5% today, buoyed by improved gross margins and a narrowed quarterly loss, despite an initial weak start.
Ola Electric shares soar amidst high trading volume
Ola Electric Mobility's shares surged by 9.5% during Monday's intraday trading, marking a significant increase in trading volume.
HCL Tech's stock drops amid market volatility
HCL Tech's shares fell by 1.45% in Monday's trading session, making it one of the top losers on Nifty 50 amidst fluctuating market conditions.
Kalyan Jewellers announces earnings call for Q1 FY26
Kalyan Jewellers India Limited will conduct an earnings conference call on August 7, 2025, to discuss Q1 FY26 financial and operational performance.
New UPI chargeback rules to simplify payment disputes
Starting July 15, the National Payments Corporation of India (NPCI) will implement revised chargeback rules for Unified Payments Interface (UPI) transactions.
Ola Electric's Q1 loss widens to ₹428cr, revenue plummets 50%
Ola Electric Mobility has announced its financial results for the first quarter of FY26.
FMCG stocks suffer as market declines
FMCG stocks were trading lower on Monday, reflecting a broader market downturn as the NSE Nifty50 and BSE Sensex indices also fell.
Silver prices hit record high in India amid soaring demand
Silver prices in India have hit an all-time high, reaching ₹115 per gram and ₹1.15 lakh per kilogram.
Ola Electric seeks ₹1,200 crore in funding amid market challenges
Ola Electric is in talks to raise ₹1,000-1,200 crore ($120-140 million) through private credit, as per a Moneycontrol report.
Smallcase surpasses ₹100 cr revenue in FY25
Smallcase, a wealthtech platform, reported over 50% YoY growth, reaching Rs 106 crore revenue in FY25. The company also reduced its EBITDA losses to Rs 9 crore.
Fertilizers stocks rise amidst market decline
Fertiliser stocks experienced a surge on Monday, even as the broader market witnessed a downturn. The NSE Nifty50 and BSE Sensex indices both reported losses.
Reliance Infrastructure shares surge post credit rating upgrade
Reliance Infrastructure's shares rose by 3.7% following a three-notch credit rating upgrade from India Ratings and Research, significantly reducing its debt to near-zero.
Larsen & Toubro shares dip in early trading
Larsen & Toubro's shares experienced a 0.84% drop in early Monday trading, with the stock priced at Rs 3,511.00 on the NSE.
Bosch shares surge 2.11% in early trading
Bosch shares saw a significant 2.11% increase in Monday's morning trade, reflecting a positive investor sentiment towards the company's consistent growth.
Ola Electric reports Q1 loss of ₹428 crore
Ola Electric Mobility Limited reported a consolidated net loss of ₹428 crore for Q1 FY26, with revenues standing at ₹828 crore.
Sensex drops, select stocks surge over 10% on BSE
Despite a fall in the BSE Sensex and NSE Nifty, several stocks including Suvidhaa Infoserve and Amal Ltd rallied over 10% on Monday.
Stock market update: Nifty Pharma index rises amid weak market
Despite a generally weak market, the Nifty Pharma index advanced by 0.35% on Monday, with Laurus Labs Ltd. and Mankind Pharma Ltd. leading the gains.
Tesla may invest in Musk's AI start-up if shareholders agree
Tesla CEO Elon Musk has announced that the company's shareholders will be polled on a potential investment in xAI, his artificial intelligence company.
Stock market update: NSE stocks reach 52-Week highs
Shares of Soma Textiles, Sambhv Steel Tubes, Reliance Naval & Engg, Sumeet Ind and Suven Life Sci reached their fresh 52-week highs on the NSE.
Silver prices reach historic high in India
Silver prices in India have hit an all-time high, reaching ₹1.15 lakh per kilogram due to strong industrial demand and tight supply.
Power stocks rise amidst falling market
Power stocks experienced a surge on Monday, even as the overall market showed a downward trend. The NSE Nifty50 and BSE Sensex indices both recorded losses.
Indian pension funds seek easier bond investment rules
Indian pension managers have reportedly requested the industry regulator to ease restrictions on corporate bond purchases, aiming for greater flexibility and maximized returns.
Anthem Biosciences IPO opens with 18% GMP: Should you subscribe?
Anthem Biosciences, a Bengaluru-based company, has launched its initial public offering (IPO) on July 14. The issue will close on July 16.
Vishal Mega Mart shares reach record high
Vishal Mega Mart's shares surged 2.90%, hitting an all-time high of Rs 138.40 in early trade on the NSE. This follows consistent financial growth over recent years for the company.
Tata Consultancy Services experiences early trade dip
Tata Consultancy Services' shares saw a slight decline in early trading, amidst prevailing bearish market sentiment.
Infosys shares experience early trade dip
Infosys shares fell by 1.66% in early trading, reflecting a negative performance on the NSE. The decline is attributed to selling pressure experienced at 9:20 am.
Jane Street returns to Indian markets after ₹4,843cr deposit
Jane Street, a US-based trading platform, has been given the green light to resume trading on Indian stock exchanges.
Infosys records significant 3-month returns
Infosys has demonstrated robust growth with a notable 13.16% return over the past three months, despite a recent negative trend in its stock performance.
AI fuels sharp drop in UK white-collar jobs
A McKinsey analysis reveals a 38% decline in job vacancies, particularly in tech and finance sectors, due to the increasing influence of artificial intelligence.
Ola Electric seeks ₹1,200 crore in private credit
Ola Electric is reportedly seeking to secure Rs 1,000-1,200 crore ($120-140 million) in private credit to refinance an existing bank loan.
Weak opening expected for Nifty, Sensex
Equity markets, including Nifty and Sensex, are anticipated to open weak due to disappointing Q1 results from IT majors and ongoing US-India trade negotiations.
RBI enables gold pledges for rural loans
The Reserve Bank of India (RBI) now permits banks to accept gold or silver as collateral for agricultural and MSME loans, aiming to enhance financial inclusion in rural areas.
Ola Electric's Q1FY26 earnings announcement expected today
Ola Electric is set to reveal its Q1FY26 results today, with predictions indicating a weak quarter and increased losses due to lower sales volumes.
Silicon Valley's race for the 1st $1trn unicorn
Silicon Valley venture capitalists are betting big on AI startups, aiming to create the first unlisted firm worth $1 trillion amidst soaring tech valuations.
Jane Street complies with SEBI order, resumes trading
Jane Street Group has deposited Rs 4,843.5 crore in an escrow account as per SEBI's directive, enabling it to resume trading in Indian equity markets.
Gold prices reach 3-week high amid trade war
Gold prices hit a three-week peak on Monday, driven by safe-haven demand as President Trump threatens to impose a 30% tariff on EU and Mexico imports.
TCS reports decrease in $100 million revenue clients
TCS has experienced a drop in the number of clients contributing over $100 million, while seeing a rise in smaller-sized Generative AI deals.
US tariffs on copper threaten Indian electronics industry
President Trump's 50% tariff on copper imports may disrupt India's electronics and semiconductor industries, potentially hindering domestic chip production efforts.
F&O trade volumes plunge following Jane Street ban
India's futures and options volumes fell nearly 20% following SEBI's ban on Jane Street for alleged market manipulation.
Siemens, SAP urge EU to revamp AI laws
Siemens and SAP CEOs have called on the European Union to revise its artificial intelligence legislation, arguing that current rules are hindering innovation.
Income tax refunds jump 474% in 11 years—outpacing collection growth
India's income tax refunds have skyrocketed by a whopping 474% over the past 11 years, reaching ₹4.77 lakh crore in FY 2024-25.
Stellantis plans increased investment in India
Stellantis, the Dutch automotive group, is considering further investments in India to expand its retail network and double exports, despite a current market share of under 1%.
Modi government to launch first marine insurer, countering Western pressure
The Indian government is in the process of setting up its first protection and indemnity (P&I) entity, named India Club.
India's merchandise trade deficit narrows in June on lower imports
India's merchandise trade deficit narrowed to $20.7 billion in June 2025, down from May's $21.9 billion, according to the Union Bank of India.
FPIs continue bullish trend, invest ₹3,839cr in Indian equities
Foreign Portfolio Investors (FPIs) have continued their buying spree in the Indian stock market, pouring in ₹3,839 crore so far this month.
India could slash chip imports by $20B amid local push
A report by McKinsey has predicted that India's efforts to develop its semiconductor industry could cut chip imports by $10 billion to $20 billion.
Why Modi government wants to establish a marine insurance group
The Indian government is in the process of setting up its first Protection and Indemnity (P&I) entity, named India Club.
India's retail inflation likely fell below 2.8% last month
India's retail inflation, as measured by the Consumer Price Index (CPI), is expected to have fallen below 2.8% in June.
How to handle ITR when EPF interest is credited late
If you've noticed a delay in the credit of your Employees' Provident Fund (EPF) interest, you're not alone.
JPMorgan will charge fintech companies for accessing customer data
JPMorgan Chase & Co, the largest bank in the US, has decided to impose fees on financial technology (fintech) companies for accessing their customers' bank account information.
IPL valuation soars to $18.5B, up 12.9% from last year
The Indian Premier League (IPL) has witnessed an unprecedented surge in its business valuation, now standing at a whopping $18.5 billion (₹1.56 lakh crore).
Wyndham to add 50+ hotels in India, expand brand presence
Wyndham Hotels and Resorts, the world's largest hotel franchisor, has announced plans to expand its presence in India.
Why fast fashion delivery start-up Blip has shut down
Blip, a start-up specializing in ultra-fast fashion deliveries with a promise of 30-minute service, has shut down its operations just a year after its launch.
You can soon buy Cipla's weight management drugs in India
Cipla, one of India's leading pharmaceutical companies, is gearing up to enter the country's weight management market.
Upcoming IPOs in India: 3 issues eye ₹3,600cr this week
The primary market is gearing up for another busy week, with three new initial public offerings (IPOs) set to launch from tomorrow.
Blinkit will now hold inventory, sell goods directly to customers
Zomato-owned quick commerce company Blinkit is changing its business model. The change will see the company directly selling products to customers and holding inventory on its books.
Market cap of India's top 8 firms down ₹2L crore
The combined market capitalization of eight out of the top 10 most valued companies in India fell by ₹2.07 lakh crore last week.
Why SpaceX is investing $2B in Elon Musk's xAI
SpaceX has invested a whopping $2 billion in Elon Musk's artificial intelligence (AI) start-up, xAI.
Meta acquires PlayAI to enhance voice features across its apps
Meta, the parent company of Instagram, WhatsApp, and Facebook, has acquired PlayAI after advanced acquisition talks.
Anthem Biosciences IPO: ₹1,016cr raised from 60 institutional investors
Bengaluru-based Anthem Biosciences has raised ₹1,016.02 crore from 60 institutional investors through its anchor book on July 11.
Reliance Infra planning to raise funds, board meeting next week
Reliance Infrastructure, part of the Reliance Group, has announced its intention to raise long-term capital through a variety of financial instruments.
16th Rozgar Mela: PM Modi hands out 51,000 job letters
In a major employment push, Prime Minister Narendra Modi has distributed over 51,000 appointment letters to newly recruited government employees.
FPIs pour ₹5,260cr into Indian equities, signaling strong market confidence
Foreign portfolio investors (FPIs) have pumped a whopping ₹5,260 crore into Indian equities between July 7 and July 11, indicating strong investor confidence in Indian markets.
Intel plans 4,000 job cuts across US, Oregon hit hardest
Intel will lay off nearly 4,000 employees across the US, including California, Arizona, and Texas.
Who is Varun Mohan, Windsurf CEO just hired by Google?
Google has hired Varun Mohan, the CEO of AI code generation start-up Windsurf (originally Codeium).
Meta refuses further changes to pay-or-consent model—may face additional fines
Meta Platforms is unlikely to make any further changes to its pay-or-consent model, according to Reuters.
Foxconn starts bringing iPhone 17 components from China to India
Apple supplier Foxconn has started bringing components from China to India for the assembly of the upcoming iPhone 17, according to The Economic Times.
NVIDIA CEO has sold nearly 1M shares, generating $152M
Jensen Huang, the CEO and founder of NVIDIA, has sold nearly a million shares of his company. The move comes as part of a pre-planned trading strategy that Huang adopted on March 20.
Google hires key staff from AI start-up Windsurf for $2.4B
Google has hired key staff members from artificial intelligence (AI) start-up Windsurf and secured a non-exclusive license for certain technologies for $2.4 billion in licensing fees and compensation.
US senators warn NVIDIA CEO against upcoming trip to China
A bipartisan duo of US senators has warned Jensen Huang, CEO of NVIDIA, against his upcoming trip to China.
Indeed, Glassdoor to slash 1,300 jobs as AI overhaul begins
Recruit Holdings, the Japanese parent company of job portals Indeed and Glassdoor, has announced plans to lay off around 1,300 employees across both platforms.
AstroTalk in talks to raise $100M at $1.5B valuation
AstroTalk, a Noida-based astrology platform, is in talks for a new funding round of $50-100 million, according to Entrackr.
ITR‑2, ITR‑3 Excel forms released—Are you required to file one?
The Income Tax Department has launched the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26.