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Business News

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07 Dec 2025
Deepinder Goyal

Zomato CEO teases 'Temple,' a mysterious new brain-focused health device

Deepinder Goyal, CEO of Eternal, has teased the launch of a new health-tech device called Temple.

Who is Pieter Elbers, CEO of embattled IndiGo airlines 

Pieter Elbers, the Dutch Chief Executive Officer (CEO) of IndiGo, has been making headlines after the airline canceled several flights, stranding thousands of passengers across India.

07 Dec 2025
Layoff News

UBS to cut 10,000 jobs by 2027

Switzerland's largest bank, UBS, is said to be planning a major workforce reduction in the coming years.

Wakefit raises ₹186cr ahead of IPO

Wakefit Innovations Ltd, a Bengaluru-based home and furnishings company, has raised ₹186 crore from Steadview Capital, WhiteOak Capital, and Capital 2B.

07 Dec 2025
Air India

Air India crash: Indian, US investigators to meet in Washington

Indian investigators are set to meet their US counterparts next week as part of the ongoing probe into the June crash of an Air India flight.

07 Dec 2025
Air India

Air India caps airfares, waives cancellation fees amid travel disruptions

In light of the recent travel disruptions across India, Air India and Air India Express have announced a series of proactive measures.

07 Dec 2025
South Korea

How Hyundai's proposed $2B shipyard could boost India's shipbuilding sector

South Korea's HD Hyundai, one of the world's largest shipbuilders, is eyeing a major investment in India's shipbuilding sector.

07 Dec 2025
Netflix

How Netflix outbid Paramount and Comcast for Warner Bros. takeover

In a major shake-up in the entertainment industry, Netflix has announced its acquisition of Warner Bros. Discovery for $82.7 billion, including debt.

07 Dec 2025
TL;DR

IndiGo to stabilize flight network by December 10

IndiGo has announced significant improvements in its flight operations, expecting to stabilize its network by December 10 following recent large-scale disruptions.

07 Dec 2025
US State Department

US negotiators arrive in India, seeking to finalize trade deal

Allison Hooker, a senior US State Department official with expertise in Asian affairs, will be in India from Sunday to Thursday.

07 Dec 2025
Air India

How India's aviation turmoil is driving ticket prices up

The Indian aviation sector is currently in a state of turmoil, with market leader IndiGo struggling to adapt to new crew rostering rules introduced by the Directorate General of Civil Aviation (DGCA).

07 Dec 2025
India

FLY91 won't charge convenience fee on flights booked this month

Regional airline FLY91 has announced a waiver on convenience fees for all bookings made through its official website in December.

Deloitte announces AI-powered 'Tax Pragya' platform: What does it do?

Deloitte has announced the launch of its new artificial intelligence (AI) platform, 'Tax Pragya.' The innovative tool is designed to expedite tax research and insights for clients.

07 Dec 2025
IndiGo

IndiGo cancels 220+ flights as disruptions continue for 6th day

IndiGo has canceled over 220 flights at Delhi and Mumbai airports today.

07 Dec 2025
Punjab National Bank

Your PNB home loan EMIs are about to become cheaper

State-owned Punjab National Bank (PNB) has announced a reduction in its Repo Linked Lending Rate (RLLR), following the Reserve Bank of India's (RBI) decision to cut the repo rate on December 5.

07 Dec 2025
IndiGo

How IndiGo plans to manage disruptions in the coming days

IndiGo's parent company, InterGlobe Aviation Ltd, has activated its top decision-making body to deal with the aftermath of mass cancellations and delays.

Snapdeal parent files fresh IPO papers with SEBI: What's changed?

AceVector Ltd, a digital commerce ecosystem backed by SoftBank, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

07 Dec 2025
Infosys

Market cap of India's top 5 firms up ₹72,285cr

The combined market capitalization of five out of the top 10 most-valued companies in India increased by ₹72,284.74 crore last week.

07 Dec 2025
Patanjali

You can soon buy Patanjali's products in Russia

Baba Ramdev's Patanjali Group has signed a Memorandum of Understanding (MoU) with the Russian government.

07 Dec 2025
Microsoft

Why Norway's $2T fund voted against Microsoft CEO

Norway's $2 trillion Sovereign Wealth Fund has voted against key proposals involving Microsoft CEO Satya Nadella.

Meesho's IPO: What to expect from India's latest unicorn

Meesho, one of India's leading e-commerce platforms, is all set to make its debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Wednesday, December 10.

07 Dec 2025
Robots

IShowSpeed sued for allegedly punching, choking humanoid influencer Rizzbot

Popular streamer Darren Watkins Jr., aka IShowSpeed, has been sued by the creators of Rizzbot, a popular humanoid influencer.

07 Dec 2025
TL;DR

Deloitte's new AI tax tool, 'Tax Pragya,' launches December 9

Deloitte is set to launch 'Tax Pragya', an AI-powered platform designed to expedite tax research and provide insights for its clients.

07 Dec 2025
Netflix

Why Netflix-Warner Bros. deal is facing fierce pushback from Hollywood

Netflix has announced a $82.7 billion deal to acquire Warner Bros., a move that has sent shockwaves through Hollywood.

07 Dec 2025
TL;DR

Meesho's IPO: Massive demand, listing set for December 10

Meesho's Rs 5,421.20 crore IPO, oversubscribed 79 times, is set to list on December 10. Investors are keenly watching if the initial momentum will sustain post-listing.

07 Dec 2025
TL;DR

Norway's giant fund calls out Microsoft over Nadella's dual role, $96.5 million pay

Norway’s $2 trillion Sovereign Wealth Fund voted against re-electing Satya Nadella as Microsoft’s board chair and opposed his compensation package.

07 Dec 2025
Apple

Apple's hardware chief may leave the company

Apple's Senior Vice President of Hardware Technologies, Johny Srouji, is reportedly considering leaving the company.

07 Dec 2025
JP Morgan

Why JPMorgan CEO thinks Europe has a 'real problem'

JPMorgan Chase & Co. CEO Jamie Dimon has warned that Europe's slow bureaucracy is a major economic risk for the US.

07 Dec 2025
TL;DR

ICICI Prudential AMC IPO: Price band set at ₹2,061-₹2,165

ICICI Prudential Asset Management Co Ltd has set its initial public offering (IPO) price band at Rs 2,061–2,165 per share, with the subscription opening on December 12, 2025.

07 Dec 2025
TL;DR

US staffing firm under fire for excluding Americans from job

LanceSoft, an IT staffing company, is under scrutiny for a job posting that appeared to exclude US citizens and green card holders, favoring H-1B visa holders instead.

07 Dec 2025
TL;DR

Apple's top execs are leaving—here's what's up

Apple Inc. is experiencing its largest personnel shake-up in decades, with key executives and engineers leaving, including the potential departure of chip chief Johny Srouji.

07 Dec 2025
TL;DR

Bitcoin chills near $89,700 as strategy CEO promises long-term hold

Bitcoin's price has fallen to $89,000 today, but Strategy CEO Phong Lee has reassured investors that the company will not sell its Bitcoin holdings until 2065.

06 Dec 2025
Foreign Investment

FPIs continue selling streak, pulling out ₹13,000cr from Indian equities

Foreign portfolio investors (FPIs) have continued their selling spree in the Indian markets, pulling out a net ₹13,028 crore from equities during the week ending December 5.

06 Dec 2025
IndiGo

IndiGo has started hiring pilots again

IndiGo has lifted its pilot hiring freeze and started recruiting Captains and Senior First Officers for its Airbus A320 fleet.

06 Dec 2025
Air India

Why Air India, AI Express have capped economy class fares

In light of the ongoing operational disruptions caused by IndiGo, Air India and Air India Express have announced a cap on economy class fares.

06 Dec 2025
India

India, US to hold crucial trade talks from December 10

India and the United States will hold three-day talks on a proposed bilateral trade agreement from December 10.

06 Dec 2025
IndiGo

Refunds for canceled IndiGo flights to be completed by tomorrow

The Ministry of Civil Aviation has ordered IndiGo to process all pending passenger refunds by 8:00pm tomorrow.

06 Dec 2025
Karnataka High Court

WinZO challenges ED's raid, asset freeze in Karnataka HC

Real-money gaming platform WinZO has filed a writ petition with the Karnataka High Court, challenging the Enforcement Directorate's (ED) search and seizure operations at its office.

06 Dec 2025
Nirmala Sitharaman

India's customs framework to be revamped, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has announced a major overhaul of India's customs framework.

06 Dec 2025
Apple

Is John Ternus Apple's next CEO? Uncertainty looms

Apple's current head of hardware engineering, John Ternus, is the front-runner to succeed Tim Cook as CEO.

06 Dec 2025
Netflix

Netflix-Warner Bros. deal: Key takeaways from the merger

Netflix's acquisition of Warner Bros. Discovery's movie studio and HBO streaming networks is a game-changer in Hollywood.

06 Dec 2025
US Dollars

'Bye-bye US dollar!' Kiyosaki warns as BRICS currency rumors resurface

Robert Kiyosaki has once again warned about the impending doom of the US dollar.

06 Dec 2025
India

India's EPC sector to create 25M jobs by 2030

India's Engineering, Procurement, and Construction (EPC) sector is poised to be a major job creator in the coming years.

06 Dec 2025
Finance

Oil prices surge to 2-week high: What's the reason?

Oil prices have hit a two-week high, driven by expectations of US Federal Reserve interest rate cuts and geopolitical tensions in Russia and Venezuela.

06 Dec 2025
Perplexity

Why New York Times has sued AI start-up Perplexity

The New York Times has sued AI search start-up Perplexity for copyright infringement. This is the second lawsuit against an AI company by The Times.

06 Dec 2025
Meta

Meta acquires Limitless start-up: What does it do? 

Meta, the parent company of Facebook and Instagram, has acquired Limitless, an artificial intelligence (AI) start-up that specializes in creating advanced wearable devices.

06 Dec 2025
Netflix

Netflix will pay $5.8B if Warner deal collapses

Netflix's $72 billion acquisition of Warner Bros. Discovery (WBD) assets comes with a $5.8 billion breakup fee, one of the largest penalties in merger and acquisition history.

06 Dec 2025
Netflix

Netflix buys Warner Bros. Discovery assets for $72B: What's included?

Netflix has announced a major acquisition, buying parts of Warner Bros. Discovery (WBD) for $72 billion.

06 Dec 2025
Apple

Why Apple employees are leaving for OpenAI

Apple is witnessing a significant number of its top talent leaving, with many employees opting to join OpenAI.

06 Dec 2025
SoftBank Group

SoftBank in talks to acquire DigitalBridge for AI infrastructure push

SoftBank Group, the Japanese telecom and tech conglomerate led by Masayoshi Son, is considering an acquisition of DigitalBridge Group Inc, according to Bloomberg.

06 Dec 2025
Ratan Tata

Noel Tata becomes largest Tata family shareholder in Tata Sons

Noel Tata has become the largest shareholder of the Tata family in Tata Sons.

Zepto turns public as IPO preparation gains pace

Zepto, a leading player in the quick commerce sector, has officially transitioned into a public company.

06 Dec 2025
SpaceX

SpaceX's valuation could hit $800B with secondary share sale

SpaceX, the aerospace manufacturer and space transportation company founded by Elon Musk, is reportedly in talks for a secondary share sale.

IndiGo chaos to continue through Saturday? CEO shares key update

IndiGo, India's largest airline, is grappling with a major operational crisis. The airline has canceled over 1,000 flights on Friday alone, accounting for more than half of its scheduled departures.

05 Dec 2025
Elon Musk

EU fines Musk's X $140M for violating online content rules

Elon Musk's social media platform, X, has been slapped with a €120 million ($140 million) fine by European Union (EU) tech regulators.

05 Dec 2025
Bengaluru

IndiGo cancellations: Your credit card travel insurance could cover losses

IndiGo's operational turmoil has resulted in over 700 flight cancellations on December 5 alone.

05 Dec 2025
Bill Gates

Bill Gates's daughter raises $30M for her AI shopping start-up

Phoebe Gates, the youngest daughter of Microsoft co-founder Bill Gates and Melinda French Gates, has raised $30 million for her artificial intelligence (AI) start-up, Phia, according to Bloomberg.

05 Dec 2025
Inflation

Will RBI's latest repo rate cut impact your FD returns?

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 5.25%.

05 Dec 2025
Perplexity

Chicago Tribune sues Perplexity over copyright infringement

The Chicago Tribune has filed a lawsuit against AI search engine Perplexity, alleging copyright infringement.