Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Indian government sells minority IRFC stake raising ₹2,084 cr
The government garnered ₹2,084 crore by selling 22.88 crore shares of Indian Railway Finance Corporation (IRFC), with strong participation from retail and institutional investors.
Omnicom Media tops billings at $75.6B after IPG Mediabrands merger
Omnicom Media has become the world's largest media management network, reporting $75.6 billion in 2025 billings after integrating with IPG Mediabrands.
India ranks 10th in Medical Tourism Index, drawing international patients
India is emerging as a top medical tourism destination, driven by cost-effective treatments and policy support, with its healthcare market projected to hit Rs 12 trillion by FY30.
Apple shares fall 5.3% after global device price hikes
Apple shares fell 5% after the company raised prices globally on MacBooks, iPads, and other devices to offset soaring memory chip costs amid unprecedented supply shortages.
Dow Jones surges 598 points as non AI stocks rise
The Dow surged 598 points Thursday, driven by strong non-AI stocks and Micron's 12% jump, while Apple’s nearly 5% drop weighed heavily on the Nasdaq.
Tamil Nadu targets ₹1000 cr technical textiles investment by 2030
Tamil Nadu targets ₹1,000-crore investment in technical textiles by 2030, focusing on MSMEs and sectors like healthcare, sports, and construction to boost the industry.
Axis Bank seeks shareholder nod July 31 to raise ₹55,000cr
Axis Bank seeks shareholder approval to raise Rs 55,000 crore in FY27, including Rs 20,000 crore via equity and Rs 35,000 crore through debt instruments.
Reserve Bank of India allows G-Sec trading through demat accounts
The Reserve Bank of India plans to allow retail investors to transact in government securities through demat accounts, with a minimum transaction amount set at ₹10,000.
EVOCS invests ₹100cr in India for sovereign data centers
US-based EVOCS’ India arm, Velloe, has allocated ₹100 crore to bolster India's digital infrastructure, driven by strong data sovereignty sentiment and public sector demand.
US weekly unemployment claims fall to 215,000 below economists' expectations
Jobless aid applications fell to 215,000 last week, below forecasts, as layoffs remain low despite inflation concerns and economic uncertainty linked to the recent Iran conflict.
JPMorgan report: Chinese AI 10-50x cheaper per token, matches performance
Chinese AI models are up to 50 times cheaper than leading systems, prompting enterprises to reconsider premium providers like OpenAI and Anthropic, according to a JPMorgan report.
Micron Technology overtakes Meta to reach $1.393 trillion market cap
Micron Technology has surpassed Meta Platforms in market valuation, fueled by a robust AI-driven rally and $22 billion in customer commitments for memory chip supplies.
India lifts packed LPG restrictions as Strait of Hormuz reopens
The Centre has lifted sectoral restrictions on commercial LPG supplies, citing improved production and imports following the US-Iran MoU that reopened the Strait of Hormuz.
Shazeer and Jumper leave DeepMind, contributed to $270 billion drop
AI startups like OpenAI and Anthropic are luring top researchers from tech giants like Google, intensifying competition and reshaping the artificial intelligence landscape.
Hexaware gains rights to sell Anthropic Claude on Bedrock
Hexaware Technologies has become an Anthropic authorised reseller for Amazon Bedrock, enabling it to offer and integrate Claude AI models for enterprise clients globally.
HDFC Mid Cap Fund crosses ₹1L/cr assets entering 20th year
HDFC Mid Cap Fund has surpassed ₹1 lakh crore in Assets Under Management, delivering a 17% CAGR since inception and outperforming its benchmark return of 15% CAGR.
Chennai's Sathya Agencies wins SEBI nod for ₹600cr IPO
Sathya Agencies Limited has secured SEBI approval for its ₹600 crore IPO, comprising a ₹300 crore fresh issue and a ₹300 crore Offer for Sale by promoters.
Anthropic hires 13 to expand Asia-Pacific compute and energy efforts
Anthropic is ramping up hiring for 13 AI infrastructure roles in Asia-Pacific, including Australia and Japan, as it scales data centre capacity to meet surging demand.
SEBI seeks clarifications before Jio Platforms's potential ₹35,000 cr IPO
India's market regulator Sebi has requested clarifications from Jio Platforms on its draft IPO papers, a key step towards the anticipated Rs 35,000 crore public offering.
Iraq asks OPEC for larger production quota to restore output
Iraq has called on OPEC to increase its oil production quota, citing decades of conflict and recent war impacts that have severely hindered its oil industry and economy.
About 350 veteran engineers help Ford top J.D. Power survey
Ford turned to veteran engineers after realizing artificial intelligence alone couldn't resolve quality issues, helping the automaker achieve top rankings in JD Power's survey.
Jainam Jain runs AI startup Mengo Engine from Burj Khalifa
At just 14, Jainam Jain founded an AI startup, Mengo Engine, and operates from an office on the 141st floor of Dubai’s iconic Burj Khalifa.
Crisil stress test: Indian firms resilient amid West Asia conflict
India Inc remains resilient despite West Asia turmoil, supported by robust balance sheets, steady domestic demand, and government-led capital expenditure, says Crisil Ratings.
Bengaluru health-tech superliving raises $7 million from Lightspeed and others
Bengaluru-based Superliving secured $7 million in funding led by Lightspeed to expand its AI-driven preventive health platform targeting lifestyle-related issues.
Eli Lilly India launches Tanstrive, regulator-approved RET-targeted cancer drug
Eli Lilly and Company India has introduced Tanstrive, an oral precision oncology drug targeting RET gene alterations, priced at Rs 2.15 lakh for a 14-day treatment regimen.
Amazon Google Microsoft commit $57B to India's AI cloud infrastructure
Amazon, Microsoft, and Google are investing $57 billion in India's AI and cloud infrastructure, leveraging the nation's engineering talent and rapid digital adoption.
Nasdaq futures jump 2.24% after Micron and Qualcomm forecasts
Nasdaq futures jumped 2% as upbeat forecasts from Micron and Qualcomm boosted AI sentiment, while investors await key US inflation data to gauge the Federal Reserve's next move.
Steve Jarrett joins Anthropic in Paris to adapt AI models
Steve Jarrett, Orange's Chief AI Officer since 2019, will join U.S. AI startup Anthropic in August to support its European and African market expansion efforts.
This Indian-origin CEO is the world's second-highest-paid executive after Musk
Shankh Mitra, an Indian-origin executive, has been named the world's second-highest-paid CEO by the Wall Street Journal.
Meesho CHRO Ashish Kumar Singh exits after nearly 6 years
Ashish Kumar Singh, Meesho's Chief Human Resources Officer, has stepped down after nearly six years, marking the second senior leadership exit at the company this year.
EU implements tariff cuts on US industrial and farm goods
The EU has adopted regulations to implement tariff cuts on US industrial goods and seafood, solidifying a landmark trade pact with the US.
Prime Day 2026 ending tonight: Save up to 84%
Amazon Prime Day is ending soon, but incredible discounts remain. I found 10 must-have deals at 78% off or more, perfect for budget-conscious shoppers looking to save big.
HDFC Life boosts investment in generative AI automation and analytics
HDFC Life is leveraging generative AI to enhance customer experience, streamline operations, and strengthen risk management, aligning with its long-term growth strategy.
Tax experts say AI chatbots risky for filing income taxes
Tax experts caution against relying solely on general-purpose AI tools for filing ITRs, citing risks of calculation errors, data leaks, and costly tax notices.
Why metal stocks are falling despite broader market rally
Metal stocks continued their downward trend for the third consecutive session, with a nearly 5% decline overall today.
S&P upgrades Adani Ports to BBB and lifts notes rating
S&P Global Ratings upgraded Adani Ports to 'BBB' from 'BBB-', citing strong cash flows, a leaner balance sheet, and disciplined leverage amid ambitious expansion plans.
RBI bars banks forcing bundled loan products starting Jan 2027
The RBI's latest framework bans forced bundling, mandates explicit consent, and targets sales-linked incentives to prevent banks from mis-selling unsuitable financial products.
LIC CFO Sunil Agrawal resigns, cites 'better prospects'
Sunil Agrawal, the Chief Financial Officer (CFO) of Life Insurance Corporation of India (LIC), has resigned from his position. The development was announced in a regulatory filing.
Copper settles at $13,097 per metric ton after intraday $13,183
Copper prices rebounded after hitting a seven-week low, driven by a weaker US dollar and renewed optimism around artificial intelligence-linked equities.
Payoneer, The Economic Times unveil India Cross-Border Excellence Awards 2026
The Payoneer India Cross-Border Excellence Awards 2026 honour innovative Indian e-commerce exporters excelling in fashion, home, and wellness on the global stage.
Amazon CEO meets Modi, announces additional $13B India investment
Amazon CEO Andy Jassy has announced a massive $13 billion investment in India. The announcement was made during his meeting with Prime Minister Narendra Modi on Thursday.
TRM Labs finds Iranian-linked wallets moved over $3.8bn via CoinEx
Iranian entities funneled over $3.84 billion through CoinEx, leveraging the crypto exchange to evade U.S. sanctions and connect to the global cryptocurrency ecosystem.
Z.ai's GLM-5.2 nears Anthropic and OpenAI on global intelligence leaderboard
China's Z.ai has achieved a breakthrough with its GLM-5.2 model, rivaling top U.S. AI systems after Anthropic's shutdown, while planning a dual listing to fund AGI development.
Indian consumer goods firms expand manufacturing and distribution across Africa
Indian consumer giants are ramping up investments in Africa, transitioning from exports to local operations, driven by youthful demographics and underpenetrated FMCG markets.
Tracxn: Indian startups raised $7.2B H1 2026, 43% fewer deals
India's tech startups secured $7.2 billion across 652 deals in H1 2026, marking a 12% year-on-year increase despite a sharp 43% decline in deal volume.
EasyJet rejects £4.9bn bid from Castlelake but allows data access
EasyJet has initiated discussions with US investment firm Castlelake, despite rejecting its fourth £4.9bn takeover bid, signaling potential openness to a higher proposal.
Indian IT firms spent $4.5B on AI and cybersecurity acquisitions
India's top 10 IT firms spent $4.5 billion on acquisitions in H1 2026, focusing on AI and cybersecurity capabilities as they adapt to a rapidly evolving technology landscape.
Waterways Leisure Tourism IPO fully subscribed driven by retail demand
Waterways Leisure Tourism's ₹585-crore IPO was fully subscribed by 2 pm on the final bidding day, driven by strong retail investor demand, which saw 3.63 times subscription.
Bitcoin at $61,600 as market awaits US Core PCE report
Bitcoin traded near $61,600 as the crypto market remained cautious ahead of the US Core PCE inflation data release, reflecting subdued institutional demand.
India probes alleged dumping of thermal paper, BOPA film, antioxidants
India has launched anti-dumping investigations into thermal paper, BOPA film, and antioxidants from China, citing material injury to domestic industries due to cheap imports.
Amazon announces $13B investment in India's AI and cloud infrastructure
Amazon plans to inject an additional $13 billion into India's AI and cloud infrastructure by 2030, boosting its total planned investment in the sector to over $21 billion.
Amazon announces $48B India investment, $13B for AI and cloud
Amazon CEO Andy Jassy announced a $48 billion investment in India by 2030, following his meeting with PM Modi to discuss AI, cloud infrastructure, and e-commerce growth.
Adani launches 'Vande Bharatam' to scout innovators across India
Gautam Adani, the Chairman of the Adani Group, has launched 'Vande Bharatam,' a national initiative aimed at discovering and nurturing innovators and entrepreneurs from all parts of India.
FPI registrations hit decade low amid rupee weakness, higher taxes
India added just 52 foreign portfolio investors in 2026 so far, marking the slowest pace in a decade, as tax policies and a weakening rupee deter offshore funds.
India could grow over 7% this year: RBI MPC member
Nagesh Kumar, an external member of the Reserve Bank of India (RBI)'s monetary policy committee, has hinted that India could grow by over 7% this year.
EPFO services to remain unavailable from June 26-28: Here's why
The Employees' Provident Fund Organisation (EPFO) has announced a temporary suspension of services on its member portal from June 26 to June 28.
Slash employee Nicolas Brilliante accidentally spends 75L on AI
A fintech startup employee unintentionally spent Rs 75 lakh on AI credits in just seven days while developing a simple online game, highlighting the risks of unchecked AI usage.
STOXX 600 climbs as Micron and Qualcomm calm AI fears
European markets opened higher as strong forecasts from U.S. chipmakers Micron and Qualcomm boosted technology stocks, while falling oil prices further lifted investor sentiment.
Tokyo Nikkei jumps 4.6% to all-time high after Micron forecast
Japan's Nikkei index soared 4.6% to a record high, driven by a rally in AI-related stocks after Micron's optimistic earnings forecast boosted investor confidence.
Bitcoin falls 2.12% to $61,531 as traders lock profits
Bitcoin dipped to $61,531, down 2.12% in 24 hours, as profit booking and cautious sentiment impacted crypto markets despite ongoing institutional participation and adoption trends.
Indian market cools as Sensex slips 250, Nifty near 24,200
Sensex and Nifty pared gains on June 25 due to profit booking and a decline in metal stocks, with analysts highlighting technical resistance at the 24,250 level for Nifty.
Kioxia to launch US depositary receipts April to June 2027
Kioxia plans to issue US depositary shares by mid-2027, leveraging surging AI-driven NAND demand and its strong market performance to expand access to global investors.
Saudi Arabia launches Saudi Properties portal for foreign property applications
Saudi Arabia has launched a digital platform enabling foreign individuals, companies, and residents to apply for property ownership under the new Foreign Real Estate Ownership Law.
Rajesh Exports hits lower circuit amid ED probe
Shares of Rajesh Exports, a leading gold refining and jewelry manufacturer, hit the 5% lower circuit on Thursday.
India poised to approve $370 million horse powertrain jv engines project
India is set to approve a $370 million investment from Horse Powertrain Ltd., marking the first major Chinese-linked manufacturing venture in nearly a decade.
Defense firm Anduril in talks to buy Nissan's Japanese plant
US-based defense contractor Anduril Industries is in talks to acquire Nissan Motor's Oppama assembly plant, located near Tokyo, according to Reuters.
EPFO member portal offline June 26 to 28 for upgrade
EPFO's portal services will be temporarily unavailable from June 26 to 28 due to a system upgrade aimed at enhancing claim processing efficiency and user experience.
India set to approve $370 million horse powertrain hybrid engines investment
India is poised to greenlight a $370 million investment by Horse Powertrain Ltd., marking a significant Chinese-linked manufacturing deal amid easing bilateral restrictions.
Aastha Spintex launches IPO to raise ₹170Cr with ₹125-₹136 band
Aastha Spintex plans to raise ₹170 crore through its IPO, with a price band of ₹125-₹136 per share, opening Monday and closing Wednesday.
Publishers sue Microsoft, OpenAI over alleged content scraping
OpenAI and Microsoft have been slapped with a lawsuit by a group of publishers that own nearly 400 newspapers.
Sensex jumps over 750 points: What's driving the market rally?
India's benchmark equity indices, the Sensex and Nifty, have witnessed a surge today.
HCLTech joins Google Cloud and ServiceNow to build AI apps
HCLTech strengthens its collaboration with Google Cloud and ServiceNow to accelerate enterprise AI adoption with industry-specific, scalable solutions.
Invesco's David Chao cautions AI will steer markets through mid-2027
Artificial intelligence will dominate global markets through mid-next year, says Invesco's David Chao, while cautioning that unmet AI expectations could trigger sharp volatility.
RBI may raise India's growth forecast above 7% this year
India's growth could surpass 7% this year, driven by easing geopolitical tensions and stable oil prices, according to RBI monetary policy committee member Nagesh Kumar.
Anthropic's negotiations with Trump administration improve after CEO exits talks
Anthropic, a leading artificial intelligence (AI) company, is making headway in its negotiations with the Trump administration.
HFCL Limited stock hits upper circuit after 203% rally
HFCL shares hit a 5% upper circuit at ₹215.35, fueled by broader market gains and easing crude oil prices, marking a 200% rise in three months.
India's fiscal 2027 growth could top 7% with $70 oil
India's economy may surpass the RBI's 6.6% growth forecast, reaching over 7%, if crude oil prices remain near $70 per barrel and geopolitical tensions in West Asia ease.
Areion Assets Management launches Areion Growth Fund in GIFT City
Areion Assets Management has introduced a $60 million Category III AIF from GIFT City, targeting India's special situations and distressed asset market.
Silver and gold ETFs drop amid US Federal Reserve worries
Gold and silver ETFs fell sharply on June 25, with silver ETFs plunging nearly 4% and gold ETFs dropping around 2%, tracking a significant correction in bullion prices.
Bitcoin falls below $60,000, hits lowest since October 2024
Bitcoin has fallen below the key $60,000 mark on Wednesday, hitting a low of around $59,000. This is its lowest price since October 2024.
Andhra Pradesh and Airbound plan 10,000 daily Amaravati drone flights
Airbound collaborates with Andhra Pradesh Drone Corporation to establish a large-scale drone delivery network in the Amaravati Capital Region.
Metropolitan Police told to restart search after Palantir deal blocked
The Metropolitan Police will relaunch its search for a long-term technology provider after controversy over a blocked £50m contract with US firm Palantir prompted legal action.
Tata Chemicals climbs 4% to ₹770 after RBI ₹1L/cr rule
Tata Chemicals shares rose 4% to Rs 770 after RBI's new norms for upper-layer NBFCs heightened prospects of a mandatory stock market listing for Tata Sons.
Tata Motors Passenger Vehicles and Stellantis near manufacturing partnership
Tata Motors and Stellantis are close to finalising a definitive agreement under an MoU, strengthening their two-decade-long collaboration in manufacturing and engineering.
Zoho founder Sridhar Vembu steers company into research driven manufacturing
Zoho founder Sridhar Vembu emphasizes investing in R&D-led manufacturing, blending software expertise with physical economy innovation to drive future technological progress.
Gold prices hit 7-month low: What's behind the decline?
Gold prices have hit a more than seven-month low, weighed down by a stronger US dollar.
Ratepayer Protection Act could make tech cover AI energy costs
A bipartisan bill, H.R. 9430, proposes requiring tech companies to cover energy and infrastructure costs for AI data centers, relieving local communities of financial burdens.
Global crude eases near pre United States and Iran tensions
Crude oil futures declined for the fourth straight session as improving supplies pushed prices near pre-war levels, with Brent at $72.86 and WTI at $69.33 on Thursday morning.
Qualcomm unveils AI chip, signs Meta as first customer
Qualcomm's stock price skyrocketed by 15% in after-hours trading on Wednesday.
Lockheed Martin wins $35B Pentagon deal to boost THAAD production
Lockheed Martin has been awarded a contract worth up to $35 billion by the Pentagon.
Sensex and Nifty rise 0.5% in India as VIX drops
Sensex and Nifty opened higher on Thursday, gaining 0.5% each, supported by easing crude prices, strong FII buying, and positive global cues boosting investor sentiment.
Oil drops below $70 for first time since US-Iran war
Crude oil prices have fallen below $70 per barrel for the first time since the start of the Iran-US war in late February 2026.
Sensex jumps 400 points as Nifty gains on oil fall
Indian stock markets soared on Thursday as Sensex jumped 400 points and Nifty crossed 24,100, driven by cooling oil prices below $73 per barrel and strong sectoral performance.
Rupee rebounds to 94.30 per dollar after Sanjay Malhotra remarks
The Indian rupee strengthened by 37 paise to 94.30/$, supported by falling crude oil prices and likely RBI intervention, even as the US dollar remained robust globally.
Semiconductor stocks surge over $400 billion after Micron, Qualcomm forecasts
Micron and Qualcomm's upbeat forecasts fueled a $400 billion surge in chip stocks, reflecting renewed investor confidence in AI-driven hardware and data center growth.
Indian rupee opens at ₹94.30 as oil nears $72
The rupee opened 37 paise higher at Rs 94.30 per dollar, supported by a sharp decline in Brent crude prices nearing $72 per barrel and RBI's market intervention.
Bengaluru-based Toddle plans $50 million to $100 million raise as edtech rebounds
Toddle is seeking $50-100 million in a managed fundraising round, signaling renewed investor interest in India's edtech sector after a prolonged downturn.
Qualcomm sets $15B data center target by 2029, stock surges
Qualcomm projects $15 billion in data center chip revenue by 2029, driven by AI-focused innovations and partnerships, boosting shares over 12% in after-hours trading.
Japan PM Sanae Takaichi unveils over ¥370tn plan for AI
Japan announced a 14-year, ¥370 trillion ($2.3 trillion) investment plan focusing on AI, semiconductors, and critical industries to boost growth and economic security.
AWS CEO Matt Garman: AI will transform not eliminate jobs
Amazon Web Services CEO Matt Garman asserts that AI will reshape jobs rather than eliminate them, as the company plans to hire 11,000 interns to foster young talent.
Pentagon awards Lockheed Martin up to $35B for THAAD production
Lockheed Martin has been awarded a $35 billion undefinitized contract by the Pentagon to increase production of THAAD interceptors, replenishing U.S. missile defense stockpiles.
Avience Biomedicals lists on NSE SME after 385.32x, ₹30.24cr IPO
Avience Biomedicals is set to debut on the NSE SME platform, with a grey market premium indicating a potential 62% listing gain over its issue price of Rs 208.
Crude oil dips under $70 on hopes of easing tensions
Crude oil prices fell below $70 per barrel as Iran-US peace efforts advanced, easing concerns over Gulf supply disruptions that had spiked prices during the recent conflict.
SK Hynix plans US ADR listing as shares jump 12%
Shares of SK Hynix jumped 12% after announcing plans to list ADRs in the US, aiming to raise 45.45 trillion won for capacity expansion and advanced equipment purchases.
Gold falls below $4,000 for 1st time since November 2025
Gold prices plunged below $4,000 per ounce for the first time since November 2025, driven by a stronger U.S. dollar and rising expectations of Federal Reserve rate hikes.
Zscaler CEO Jay Chaudhry says AI accelerates cybersecurity bug detection
Advanced AI models are transforming cybersecurity by rapidly identifying software vulnerabilities, creating unprecedented opportunities and challenges, says Zscaler CEO.
India seeks semiconductor investments at Pax Silica summit Washington D.C.
India seeks semiconductor investments and access to the US's $250-million seed fund at the Pax Silica summit, aiming to strengthen its chip manufacturing ecosystem.
InfoEdge shifts half startup capital into deeptech and AI
InfoEdge allocated nearly 50% of its startup investments to deeptech and AI in the past year, citing their transformative potential and strategic importance.
Pocket FM shuts Pocket TV to focus on audio dramas
Pocket FM is shutting its microdrama platform, Pocket TV, to refocus on audio dramas and global expansion, aligning with its profitability goals ahead of a potential IPO.
Indian deeptech startups prioritize revenue within 2 to 3 years
Indian deeptech startups are shifting focus to early commercialization within 2-3 years, leveraging initial revenues to attract investors and stay connected with customers.
State run banks sell dollars, Indian rupee recovers to 94.66
The Indian rupee closed at 94.66 against the dollar on Wednesday, recovering from an intraday low of 94.91 as state-run banks intervened, likely for the RBI.
JPMorgan warns IT sector slowdown, trims fiscal 2027 revenue forecasts
JPMorgan predicts growth challenges for IT firms over the next two years, citing generative AI-led deflation, geopolitical factors, and delayed deal closures as key hurdles.
Jio Platforms plans ₹35,000cr IPO to pay debt and grow
Jio Platforms' upcoming IPO, featuring a massive fresh issue, challenges India's decade-long OFS-dominated market trend by prioritizing business growth over investor exits.
Micron posts $41.46B revenue as stock jumps 16% after-hours
Micron shares soared 16% afterhours as Q3 revenue quadrupled to $41.46 billion, driven by a seven-fold growth in its data center business and robust demand across segments.
Vishal Sikka launches Hang Ten Systems with $32 million seed funding
Vishal Sikka, ex-Infosys CEO, has launched Hang Ten Systems, an AI-driven startup aiming to revolutionize IT services by automating enterprise software development and operations.
Maharashtra exempts IT, ITeS and data centers from electricity duty
Maharashtra has announced long-term electricity-duty exemptions for IT, ITeS units, and data centres to boost investments and expand the state’s digital infrastructure.
Cerebras Systems revenue jumps 94% to $193 million, shares tumble
Shares of AI chipmaker Cerebras Systems fell nearly 20% after its first earnings report post-IPO, as investors reacted to a narrower full-year gross margin forecast.
Micron Technology Q3 revenue $41.45 billion amid AI demand
Micron, the largest U.S. memory chip maker, saw its market cap skyrocket to $1.2 trillion as surging AI demand quadrupled its revenue and boosted profits to $28.2 billion.
IndiGo to trial OptiClimb AI advising takeoff speeds, saving 60-65kg
Indian airlines are leveraging AI to cut fuel costs, with IndiGo trialing the OptiClimb solution from today, aiming to optimize climb phases and reduce emissions.
India's new battery rules leave manufacturers scrambling over zinc-carbon mismatch
India's dry cell battery makers warn that new recycling mandates, designed for lithium-ion batteries, threaten their survival due to unviable compliance costs.
UK Wikimedia Foundation staff officially asked management to recognize union
UK-based Wikimedia Foundation staff have requested voluntary union recognition, citing concerns over transparency and organizational changes affecting workers.
Salesforce survey: 70% using AI for customer service see returns
70% of companies deploying customer service AI agents observe measurable value within 60 days, highlighting faster case resolutions and improved business outcomes.
Indian government panel to review SEZs with industry June 30, 2026
A government panel will meet industry leaders on June 30 to discuss boosting India's Special Economic Zones, focusing on free trade impacts and import substitution strategies.
Swiggy Instamart's COO and CBO have left the company
Swiggy's quick commerce division, Instamart, is witnessing a major leadership overhaul with the resignations of its Chief Operating Officer (COO) Ankit Jain and Chief Business Officer (CBO) Hari Kumar, as per Moneycontrol.
PFRDA launches 'Pension Sahayak' portal for NPS subscribers
The Pension Fund Regulatory and Development Authority (PFRDA) has launched an artificial intelligence (AI)-powered portal, 'Pension Sahayak.'
Trade deal with India 'very, very close,' says US official
The United States and India are "very, very close" to finalizing a landmark bilateral trade deal.
Noel Tata is stepping down as Trent chairman
Noel Tata has announced his decision to retire as the chairman of Trent Ltd bringing an end to his nearly three-decade-long association with the company.
Amazon Now to expand to 300 Indian cities
Amazon has announced plans to expand its ultra-fast delivery service, Amazon Now, to over 300 cities in India.
How one conversation led Kunal Shah to become WhatsApp's head
Meta Platforms Inc. has appointed Kunal Shah, the founder of fintech start-up CRED and one of India's most prominent angel investors, as the new global head of WhatsApp.
Korean chip giant SK Hynix is about to raise $29B
South Korea's chip giant, SK Hynix, is all set to raise a whopping $29.43 billion through American Depositary Receipts (ADRs) on the Nasdaq exchange.
BSNL is now looking for a chairman: How to apply
The Department of Telecommunications (DoT) has invited applications for the Chairman and Managing Director (CMD) position at state-owned Bharat Sanchar Nigam Ltd (BSNL).
Indian IT sector's Nifty share at record-low: What's the reason?
India's information technology (IT) sector is witnessing a major decline in its dominance on the country's stock market.
Adani to demerge its incubating businesses from FY28 onward
The Adani Group has announced plans to demerge its incubating businesses from FY28 onward.
TVS-Hyundai bet on AC electric autos with new ride-hailing service
TVS Motor Company and Hyundai Motor Company have expanded their partnership from vehicle development to mobility services.
Swarnagiri, India's first private gold mine, begins operations
Andhra Pradesh has inaugurated India's first private gold mining project, Swarnagiri (formerly Jonnagiri), in Kurnool district.
Sensex gains over 800 points: What's driving today's rally?
The Indian stock market witnessed a major surge today, with the Sensex rising by over 830 points to 77,030 and the Nifty gaining 219 points to 24,042.
SpaceX launches $25B debt sale for AI expansion
Elon Musk's SpaceX has launched a five-tranche notes offering to raise at least $25 billion. The move comes as the company looks for funds to support its capital-intensive artificial intelligence (AI) expansion.
Why Airbus is grounding multiple A380 aircraft
Airbus has announced plans to inspect 16 of its A380 aircraft, including five on an urgent basis.
Why UK has banned some Calvin Klein, Adidas ads
The UK's Advertising Standards Authority (ASA) has banned advertisements from fashion giants Calvin Klein, Adidas, and Uniqlo.
Why Alibaba is suing US government
Chinese tech and e-commerce giant Alibaba has sued the US government after being added to a Pentagon blacklist of companies allegedly linked to China's military.
Oil prices falls to 4-month low
Oil prices continued their downward trend on Wednesday, nearing the four-month lows seen in the previous session.
Adani AGM 2026: Gautam Adani shares strategy to be future-ready
At the Adani Group's 2026 Annual General Meeting (AGM), Chairman Gautam Adani unveiled a three-pronged strategy to strengthen execution, enhance efficiency, and improve workforce welfare.
Google parent Alphabet being added to Dow Jones stock index
Google's parent company, Alphabet, will be added to the Dow Jones Industrial Average stock index from June 29.
How Flipkart is expanding its quick-commerce push in India
Walmart-backed Flipkart has announced that its quick-commerce service, Flipkart Minutes, has established a network of 1,000 micro-fulfillment centers in less than two years.