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IAIRO names AvenuesAI CMD Vishal Mehta technical adviser via LinkedIn
The Indian AI Research Organisation (IAIRO) has named Vishal Mehta, CMD of AvenuesAI Limited, as Technical Advisor to bolster India's sovereign AI ambitions.
Reliance Industries will offer Jio 5G FWA tech internationally
Reliance Industries plans to export Jio's 5G and FWA technologies globally while advancing enterprise AI solutions through its partnership with Meta, driving digital innovation.
Ashok Leyland posts Q4 profit rise to ₹1,381cr, revenue ₹14,980cr
Ashok Leyland reported an 11% rise in Q4 net profit to ₹1,381 crore, driven by record-high commercial vehicle volumes and a 16% revenue growth to ₹14,980 crore.
India, South Korea to fast-track CEPA updates after Delhi talks
India and South Korea have agreed to expedite negotiations to modernise their trade pact, aiming to address India's growing trade deficit and expand high-tech cooperation.
Uber boosts Delivery Hero stake to 36.83% amid takeover push
Uber has increased its stake in Germany's Delivery Hero to nearly 37%, as it prepares a fresh €33-per-share takeover bid, according to regulatory filings and sources.
Netrasemi to mass produce A2000 AI chipset by end 2026
Indian start-up Netrasemi plans mass production of its flagship AI chip, A2000, this year after successful silicon bringup, targeting smart cameras and edge AI applications.
EU fines Temu €200 million for illegal products and promotions
Chinese retailer Temu faces a $232 million fine from EU regulators for failing to prevent illegal product sales, marking the second major penalty under the Digital Services Act.
Nomura raises $4.7B pretax target by 2031 on 2-year profits
Nomura Holdings Inc. increased its annual pretax income target to ¥750 billion by March 2031, following a year of record earnings driven by Japan's financial market recovery.
Kimberly-Clark Target and Catalyst Brands tap Indian AI for ads
Global companies are adopting AI at their Indian centers to streamline ad creation, reducing reliance on agencies and cutting costs as AI reshapes the advertising landscape.
Reliance Industries to start Jamnagar LFP production 40GWh H2 2026
Reliance Industries' Battery Energy Storage System giga-factory is in advanced commissioning stages, with lithium iron phosphate battery production set to scale up by late 2026.
Vedanta plans $20B capex as demerged firms prepare for listing
Anil Agarwal, the chairman of Vedanta Group, has announced that all four demerged entities of the company will be listed independently within a month.
Reliance Industries raises FY26 government payments nearly 3% to ₹216,472cr
Mukesh Ambani-led Reliance Industries contributed Rs 2.16 lakh crore to the national exchequer in FY26, marking a 2.95% increase from the previous fiscal year.
IBM announces $5 billion investment in Project Lightwell security initiative
IBM has pledged $5 billion to Project Lightwell, an initiative aimed at securing open-source software through AI tools and expert engineering.
India's small businesses record best year since 2019 in 2025
Indian small businesses achieved their best performance in 2025 since 2019, with 80% reporting growth, despite rising costs posing significant challenges to future expansion.
Bank of Baroda updates bob i Pay with biometric authentication
Bank of Baroda introduces biometric and UIDAI-based face authentication for secure transactions and IoT-enabled payment capabilities on its universal UPI app, bob इ Pay.
GMR Airports Ltd posts ₹400cr Q4 FY26 profit revenue ₹4,043cr
GMR Airports Ltd reported a ₹400.49 crore profit in Q4 FY26, reversing a ₹252.66 crore loss from the previous year, with total income surging to ₹4,042.90 crore.
OpenAI Foundation commits $250M to tackle AI-driven job disruption
The OpenAI Foundation has announced a major investment of $250 million to help workers and economies deal with the disruption caused by artificial intelligence (AI).
Vedanta Group to list 4 companies, plans $20 billion investment
Vedanta chairman Anil Agarwal announced that the group’s four demerged entities will be independently listed within a month, alongside unveiling a $20 billion expansion plan.
Reliance Consumer Products seeks multifold growth, global leadership by 2030
Reliance Consumer Products aims for exponential revenue growth by 2030, leveraging acquisitions, global expansion, and strategic investments to outpace industry benchmarks.
Indian lenders shift to data driven, behavior focused home loans
India's home loan market now evaluates borrowers using data-driven, behaviour-focused methods, moving beyond traditional income-centric models.
Albert Manifold fired as BP chairman calls accusations 'lies'
Albert Manifold, recently removed as BP chairman, has refuted "lies" about his conduct, asserting no prior concerns were raised during his tenure and disputing recent accusations.
Reliance Industries to invest ₹10tn in AI-ready data centers nationwide
Reliance Industries plans to invest ₹10 lakh crore in AI-ready data centres, aiming to democratise artificial intelligence and drive India's digital economy growth.
Reliance posts ₹95,754cr profit FY2025-26 Mukesh Ambani takes no salary
Mukesh Ambani, Chairman of Reliance Industries, declined remuneration for the sixth consecutive year as the company reported a record net profit of Rs 95,754 crore in FY26.
One of a Kind Startup Awards 2026 seeks digital-first startups
Founders nationwide are flocking to the One of a Kind Startup Awards 2026, drawn by its focus on early-stage innovation and transformative visibility opportunities.
Vodafone Idea calls out Airtel Priority Postpaid, demands equal network
Vodafone Idea launched a campaign promoting equal network access for all users, criticizing Airtel’s Priority Postpaid plan as discriminatory and raising net neutrality concerns.
Mukesh Ambani sets Reliance decade agenda: AI clean energy retail
Mukesh Ambani emphasized Reliance's pivotal role in India's growth, focusing on AI, clean energy, and digital platforms to drive sustainable and inclusive development.
Trump sues WSJ for $10B over Epstein report
US President Donald Trump has refiled a defamation lawsuit against the Wall Street Journal (WSJ) for at least $10 billion.
Indian investors eye SpaceX, OpenAI, Anthropic IPOs despite access limits
Upcoming IPOs from SpaceX, OpenAI, and Anthropic are expected to boost Indian retail investment in US equities, fueled by a depreciating rupee and Nasdaq's strong performance.
Wipro expands partnership with ServiceNow to automate enterprise work
Wipro and ServiceNow have expanded their collaboration to integrate AI-driven workflows, targeting automation across IT, HR, procurement, and cybersecurity functions.
Microsoft inks $9.7B software deal with US military
The US Department of Defense (DoD) has signed a five-year, $9.69 billion contract with tech giant Microsoft.
Boeing is ramping up 737 Max production again
Boeing has received the green light from the Federal Aviation Administration (FAA) to ramp up its production of 737 Max jets.
Australia sues 3M over 'forever chemicals' contamination in firefighting foam
The Australian government has filed a lawsuit against multinational conglomerate 3M, seeking damages of over $2 billion.
Airtel launches 'Priority Postpaid' with Fastlane, ₹449-₹1,749, raising fairness concerns
Vodafone Idea has criticized Bharti Airtel's "Priority Postpaid" service, arguing it undermines equity by offering preferential network speeds to select users.
Bitcoin hits 5-week low
Bitcoin, the world's largest cryptocurrency, has hit its lowest level since April 20.
Tencent enables PayPal QR payments in WeChat Pay for tourists
Chinese tech giant Tencent now allows US PayPal users to make cashless payments in China through WeChat Pay's QR code system, aiming to attract more foreign tourists.
EU plans broader tariffs, quotas to shield sectors from China
The European Union plans broader use of import quotas and tariffs against China, citing an "existential" threat to key industries from subsidized Chinese competition.
Muddy Waters Capital reevaluates India long-short fund amid AI surge
Carson Block's Muddy Waters Capital is reevaluating its India fund plans, citing the global shift toward AI-driven markets and its impact on labor and investment flows.
Gift Nifty crashes 2%, signaling bloodbath at Dalal Street tomorrow
The Indian stock market is likely to open significantly lower on Friday, with the Gift Nifty 50 index futures plummeting by 1.7% to 23,580.
NVIDIA CEO to join advisory board of China's top university
NVIDIA CEO Jensen Huang has accepted an invitation to join the advisory board of Tsinghua University's School of Economics and Management (SEM).
Ather Energy enters insurance business with new subsidiary
Ather Energy, a leading electric two-wheeler manufacturer, has announced its foray into the insurance sector. The company has formed a wholly-owned subsidiary called Ather Insurance Limited.
Gold dips nearly 2% to $4,365 amid Hormuz military action
Gold dropped nearly 2% to a two-month low amid escalating US-Iran tensions, while a stronger dollar and inflation risks further pressured the precious metal.
Gold hits 2-month low as US-Iran tensions escalate
Gold prices have hit a two-month low on Thursday, due to fresh US attacks on Iran.
SEBI proposes salary deductions and unit commissions for mutual funds
SEBI is exploring limited third-party payment options for mutual fund investments, aiming to enhance convenience while maintaining safeguards against fraud and money laundering.
Meta to lay off 1,400 employees in Washington
Meta, the parent company of Facebook, is all set to lay off nearly 1,400 employees across Washington state.
Bitcoin falls to $73,005 amid US and Iran tensions, liquidations
Bitcoin dropped to $73,000 as US-Iran tensions and $700 million in crypto liquidations rattled markets, while ETF outflows surpassed $2.5 billion over the past two weeks.
IEA says Middle East conflict will reshape global energy investment
The International Energy Agency warns the Iran war is triggering unprecedented energy disruptions, reshaping global investments and driving a resurgence in coal and natural gas.
Decentro becomes 1st Indian payment aggregator with IFSCA PSP license
Decentro becomes the first Indian payment aggregator to receive IFSCA's Payment Service Provider licence, enabling cross-border payment operations from GIFT City.
Donald Trump sues WSJ for $10B over Epstein birthday card
US President Donald Trump has refiled a $10 billion defamation lawsuit against the Wall Street Journal, alleging reputational harm over claims linking him to Jeffrey Epstein.
AI shift prompts big tech layoffs while cybersecurity hiring surges
As AI drives widespread tech layoffs, demand for cybersecurity experts is surging due to growing fears of AI-powered cyber threats and untested software vulnerabilities.
Swiggy's change to Articles of Association for CEO nominations fails
Swiggy stated the rejected board proposal aimed to ensure management continuity and representation, dismissing concerns about granting founders additional powers.
HP Q2 revenue up 9% to $14.41 billion, beats expectations
HP surpassed second-quarter revenue and profit forecasts, driven by robust demand for AI-optimized PCs and a Windows 11 upgrade cycle amid rising memory chip costs.
Eighth Pay Commission considers pension choice for central government employees
The 8th Pay Commission consultations may introduce a pension choice for central government employees, offering flexibility and security in retirement benefits.
ACCA survey finds 81% of Indian employees will seek raises
Amid rising living costs, only 29% of Indian employees are satisfied with their salaries, with 81% planning to request pay hikes in the next year, an ACCA report reveals.
Oil prices rebound as US-Iran tensions escalate
Oil prices have rebounded sharply after a more than 5% drop on Wednesday.
FAA clears Boeing to raise 737 Max output to 47
Boeing received FAA approval to increase 737 Max production from 42 to 47 jets monthly, a critical step toward improving profitability and addressing growing market demand.
Sensex down near 0.2% as oil jumps, India VIX eases
Gift Nifty 50 futures plunged 1.7% after US strikes on an Iranian military site escalated geopolitical tensions, signaling a sharp gap-down opening for Indian markets Friday.
India to see $170B energy investment by 2026: IEA
India's energy investment is projected to reach $170 billion in 2026, driven by rapid solar expansion, grid upgrades, and a surge in oil refining capacity, according to the IEA.
AI accelerates India's SaaS development and forces pricing model changes
Indian SaaS startups are under pressure as AI accelerates product cycles, disrupts customer acquisition, and forces founders to rethink survival strategies in real time.
UK may block Sunil Bharti Mittal exceeding 25% BT ownership
The UK government plans to prevent Indian billionaire Sunil Bharti Mittal from raising his stake in BT beyond 25%, citing national infrastructure sovereignty concerns.
H-1B returnees from US face hiring slowdown in Indian tech
Indian tech professionals returning from the US face a challenging job market, as AI-driven shifts and economic headwinds reshape hiring dynamics in traditional IT roles.
Kissht operating revenue up 68% to ₹619cr net profit ₹82cr
Kissht reported a 68% year-on-year surge in operating revenue to Rs 619 crore in Q4 FY26, with profit rising 52% to Rs 82 crore during the same period.
Goldman Sachs raises S&P 500 target to 8,000 by 2026
Goldman Sachs has raised its S&P 500 target for 2026 to 8,000, citing robust corporate earnings and significant contributions from AI-driven investments as key growth drivers.
Meta cuts about 8,000 jobs, flags company-sponsored visa hurdles
Meta's layoff email addressed visa-related uncertainties, directing affected H-1B employees to its Alumni Portal for immigration guidance and legal support details.
Gulf Oil Lubricants India posts 4,057.04cr revenue despite profit dip
Gulf Oil Lubricants India reported a consolidated profit after tax of ₹85.59 crore for the March quarter, marking a 3.46% decline from ₹92.80 crore in FY25's last quarter.
Copper hits lowest in a week amid Middle East tensions
Copper prices fell to a one-week low as escalating Middle East tensions lifted the dollar and oil prices, stoking inflation fears and concerns over global economic growth.
PIDG to launch India sustainable infrastructure fund by 2026
London-based PIDG plans to introduce a unique fund in India by the second half of 2026, focusing on healthcare and agriculture projects to boost sustainable development.
Asian stocks fall after US strike in Iran, crude jumps
Asian shares wavered Thursday as renewed US-Iran tensions dampened investor sentiment, while rising oil prices and looming US inflation data added pressure to global markets.
CUP Bathinda team makes biodegradable edible tableware from paddy stubble
A Punjab-based startup incubated at Central University of Punjab has developed biodegradable tableware from paddy stubble, offering a sustainable alternative to plastic waste.
Standard Chartered CEO Winters apologizes for 'lower-value human capital' remark
Bill Winters faced backlash over comments on replacing "lower-value human capital" with AI. He later apologised, emphasising support for affected employees.
Oil rises after US strikes Islamic Republic following ship attacks
Oil prices climbed after US forces struck targets in Hormuz, while negotiations between Washington and Tehran stalled over control of the vital waterway and sanctions relief.
NVIDIA's Huang joins Tsinghua SEM advisory amid US chip curbs
Nvidia CEO Jensen Huang will join the advisory board of Tsinghua University's School of Economics and Management, an elite Chinese institution chaired by Apple's Tim Cook.
IMF approves $695 million in $2.4bn Sri Lanka recovery package
The IMF has approved USD 695 million for Sri Lanka under its Extended Fund Facility, aiding recovery from Cyclone Ditwah and economic challenges worsened by the West Asia conflict.
PhysicsWallah co founder Prateek Maheshwari bets on conversational AI tutors
PhysicsWallah co-founder Prateek Maheshwari asserts that recorded learning is obsolete, emphasizing conversational AI tutors integrated with live learning as the future of edtech.
Gold falls amid U.S.-Iran tensions, Fed and US spending watched
Gold prices slipped 0.8% as escalating U.S.-Iran tensions drove oil higher, raising inflation concerns and complicating the Federal Reserve's interest rate trajectory.
NSE and BSE closed on May 28 for Eid al-Adha
Indian stock markets, NSE and BSE, are closed today, May 28, 2026, due to Bakri Id. Trading in equities, derivatives, and currency markets will remain suspended for the day.
Asian stocks slip as U.S.-Iran tensions push oil higher
Asian equities dipped 0.2% after mixed US-Iran signals on war resolution, while Brent crude surged 2.2% to $96.30 amid ongoing disruptions in the Strait of Hormuz.
American Airlines to double Hyderabad hub staff by early 2027
American Airlines plans to expand its Hyderabad technology hub workforce from 400 to 800 employees by early next year, reflecting India's growing role in aviation tech.
Indian rupee steady 95.69 per USD as oil falls
The Indian rupee remained steady at 95.69 per dollar as falling oil prices and expectations of a West Asian truce supported stability amid central bank interventions.
Triomics raises $22 million to streamline cancer care with AI
Triomics secured $22M in Series B funding to enhance its AI-powered platform, streamlining tasks like clinical trial matching and appointment prep for cancer centers.
Base metal prices fall as U.S.-Iran negotiations unsettle investors
Industrial metals, including copper and aluminum, fell as uncertainty over a potential US-Iran peace deal fueled concerns about global economic growth and supply disruptions.
Dow hits record high as healthcare and consumer stocks rally
The Dow Jones closed at a record high, driven by healthcare and consumer gains, while the S&P 500 and Nasdaq remained steady as the AI-led rally took a breather.
Mexico and US begin Mexico City talks to update USMCA
Mexico and the US began revising the USMCA in Mexico City, focusing on economic security and industrial rules amid tensions over tariffs, organized crime, and cross-border issues.
Anthropic hires Sangeeta Bavi to lead India startup and growth
Anthropic has appointed Sangeeta Bavi as Head of Digital Natives, Startups & Growth for India, further bolstering its leadership as the country becomes a key market for Claude.
Global capability centers in India to raise fresher hiring 12%
Global capability centres (GCCs) plan a 12% rise in fresher hiring this fiscal, contrasting with the IT services sector's slowdown and stagnant entry-level salaries.
Hong Kong is now world's biggest cross-border wealth hub
Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth hub, according to a Boston Consulting Group (BCG) report.
Air India Express offering up to 50% off on fares
Air India Express has launched a major sale, dubbed 'Xpress Sale,' offering up to 50% off on Lite and Value fares.
Indian competition watchdog's ₹202cr fine on Amazon quashed by SC
The Supreme Court has overturned the Competition Commission of India's ₹202 crore fine on Amazon.
SC upholds retrospective 28% GST on online gaming in India
The Supreme Court has upheld the Indian government's decision to impose a retrospective Goods and Services Tax (GST) of 28% on online gaming companies.
How Byju Raveendran lost a $22B empire
Byju Raveendran, the founder of India's largest edtech company BYJU'S, has been sentenced to six months in prison by a Singapore court.
Jio launches OTT pass with 15 services for ₹200
Reliance Jio has launched a new prepaid add-on plan, the OTT Pass, for ₹200.
HDFC Bank denies offering differential interest rates on deposits
HDFC Bank has refuted allegations of misconduct in its internal audit and governance processes.
Zee Entertainment shares surge after FIFA World Cup broadcast bid
Shares of Zee Entertainment Enterprises surged nearly 12% to ₹92.41 today.
Vande Bharat trains might soon ply in Bangladesh, Nepal, Africa
India is looking to export its flagship Vande Bharat trains to other countries, especially those with aging railway systems.
Liquor giant Pernod Ricard facing tax evasion probe in India
India's customs authorities are investigating French liquor giant Pernod Ricard over alleged tax evasion.
Adani Power now has higher market cap than Infosys
Adani Power has overtaken IT giant Infosys in terms of market capitalization.
SBI Funds Management to launch its ₹13,000cr IPO by July
SBI Funds Management, India's largest asset manager, is gearing up for an initial public offering (IPO) to raise around ₹13,000 crore.
Air India cuts domestic flights from June
Air India has announced a temporary reduction in its domestic flight operations from June to August 2026.
NVIDIA to invest $150B annually in world's AI epicenter
NVIDIA, the world's most valuable company, has announced its plan to invest a whopping $150 billion annually in Taiwan.
Micron becomes latest chipmaker to hit $1 trillion valuation
Micron Technology Inc. has become the latest chipmaker to hit a market capitalization of over $1 trillion.
SpaceX wins $2.3B satellite communication contract from US Space Force
The US Space Force has awarded a massive $2.29 billion contract to SpaceX.
Samsung to spend $1.5B on semiconductor testing plant in Vietnam
Samsung Electronics plans to invest $1.5 billion in Vietnam to establish a semiconductor testing plant.
You can soon use Starlink on your American Airlines flight
American Airlines has announced its plan to install SpaceX's Starlink Wi-Fi on over 500 of its narrow-body Airbus aircraft.
Why FirstCry parent's shares are down 50% from issue price
Brainbees Solutions, the parent company of e-commerce platform FirstCry, has witnessed a major drop in its share value.
Vodafone Idea shares hit 52-week high today: What's the reason?
Vodafone Idea's shares hit a 52-week high for the sixth consecutive session today.
Byju Raveendran breaks silence after Singapore jail order
Byju Raveendran, the founder of Indian edtech company BYJU'S, has been sentenced to six months in jail by a Singapore court.
Musk considers merging SpaceX and Tesla
Elon Musk is gearing up to take SpaceX, his second trillion-dollar company, public. The move will likely make him the head of two of the 10 most valuable US companies.
AI boom just created a company bigger than Berkshire Hathaway
SK Hynix, the South Korean semiconductor firm, has crossed a major milestone by hitting a market capitalization of over $1 trillion.
Gold, silver prices rise on geopolitical tensions, dollar's weakness
Gold and silver prices witnessed an uptick on Wednesday, driven by a weaker US dollar and ongoing geopolitical tensions in West Asia.
China's factory profits hit 2-year high
China's industrial sector has witnessed a surge in profits, with a 24.7% jump in April compared to the same month last year.
Samsung union approves deal offering ₹3cr bonus per chip worker
Samsung Electronics' largest union has approved a compensation deal, averting a potential strike that could have disrupted the global chip supply chain.
Byju Raveendran sentenced to 6 months in Singapore jail
Byju Raveendran, the founder of Indian edtech firm BYJU'S, has been sentenced to six months in prison by a Singapore court.
This Zomato loophole may help you avoid platform fee, commission
A viral post on X has raised concerns over a possible loophole in Zomato's delivery system.
Why British oil giant BP has fired its chairman
British oil giant BP has sacked its Chairman Albert Manifold with immediate effect.
Maruti Suzuki wants its employees to work-from-home wherever possible
Maruti Suzuki, India's largest car manufacturer, has announced a series of measures in light of Prime Minister Narendra Modi's call for austerity.
LinkedIn moves NCLAT against ₹27L penalty imposed by RoC
LinkedIn, the professional networking platform owned by Microsoft, has challenged a penalty imposed by India's Registrar of Companies (RoC).
You can soon snack on Pokemon in India
Snack brand Taali has announced a partnership with The Pokemon Company, marking its presence in India's fast-growing snacking category.
India Semiconductor Mission launches online portal: How it helps investors
The India Semiconductor Mission (ISM), a part of the Ministry of Electronics and Information Technology (MeitY), has launched an online "Investors Support" portal.
India's solar projects have to use locally-made cells from June
The Ministry of New and Renewable Energy (MNRE) has announced that new solar power projects in India will need to use approved, domestically made solar cells from June 1, 2026.
Tata Sons concludes crucial board meeting amid governance concerns
The board of directors at Tata Sons, the holding company of the salt-to-software conglomerate, met today.
Soybean prices jump 41%, forcing Indian traders to cancel exports
Indian traders have canceled 25,000 metric tons of soymeal export contracts for the first time since 2021.
Why AI boom is quietly hurting Indian rupee
Mahesh Nandurkar, MD and Head of India Research at Jefferies India, has said that the weakening Indian rupee is more a result of declining capital inflows than the current account deficit (CAD).
Why Ferrari shares tanked 6% after Luce EV reveal
Ferrari's shares took a major hit on Tuesday, falling by over 6% after the company unveiled its first-ever fully electric vehicle (EV), the Luce.
Your meals in Bengaluru might become 60% costlier soon
Bengaluru's food scene is on the verge of a major price shift, with hotel associations warning of a potential 60% hike in food prices.
Nandan Nilekani's new venture bets ₹3,000cr on AI, deep-tech start-ups
Fundamentum Partnership, the venture capital firm co-founded by Nandan Nilekani, has launched a new investment platform called F2A (Fundamentum Frontier Advisors).
Priority postpaid service doesn't violate net neutrality, says Bharti Airtel
Bharti Airtel has defended its new "Priority Postpaid" service before a Department of Telecommunications (DoT) panel.