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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

08 Sep 2026
TL;DR

French AI startup Mistral raises €3 billion, valued at €21B+

French startup Mistral AI secured €3 billion in Series D funding, led by Samsung and ASML, to develop open-weight AI models and expand its computing infrastructure across Europe.

08 Sep 2026
TL;DR

NDR Group to list InvIT trust via ₹750cr IPO, ₹450cr/₹300cr

NDR Group has filed a draft offer document for a ₹750-crore public issue, aiming to convert its privately listed InvIT into a public entity and fund asset expansion.

08 Sep 2026
TL;DR

Berger Paints to start commercial production at Hindupur Sept 9

Berger Paints India will begin commercial production at its ₹188 crore, fully automated solvent-based paint manufacturing plant in Hindupur, Andhra Pradesh, on September 9.

08 Sep 2026
TL;DR

Google restarting Duane Arnold nuclear plant with $1.9B DOE loan

NextEra Energy has received a $1.9 billion U.S. Department of Energy loan to refurbish Iowa's Duane Arnold nuclear plant, set to restart in 2029 for Google’s data centers.

08 Sep 2026
TL;DR

Flipkart with Myntra now leads India eCommerce with 35% MAUs

Flipkart, along with Myntra, captured 35% of India's monthly active user share in 2026, doubling its lead over Amazon in four years amid rapid quick-commerce growth.

08 Sep 2026
TL;DR

Maharaja & Speedex India to launch ₹80cr BSE SME IPO

Maharaja & Speedex India aims to raise ₹80 crore through an IPO on the BSE SME platform, offering 43.08 lakh shares in the price band of ₹177-₹186 each.

08 Sep 2026
TL;DR

Brent crude nears $100 as Houthi-linked strikes disrupt Saudi operations

Oil prices surged close to $100 a barrel as Middle East tensions disrupted supply chains, raising concerns over inflation and potential Fed rate hikes.

08 Sep 2026
TL;DR

NMDC signs wage pact for nonexecutive staff ensuring DA neutralization

India’s largest iron ore producer, NMDC, finalized a tripartite wage settlement for its non-executive employees, offering revised benefits effective January 1, 2022.

08 Sep 2026
TL;DR

EY launches $100 million bonus to reward irreplaceable human skills

EY is rewarding employees ₹800 crore for demonstrating irreplaceable human skills like judgement and leadership, as AI increasingly automates routine workplace tasks.

08 Sep 2026
TL;DR

Bluecore Energy secures $50 million to develop floating nuclear barges

Bluecore Energy secured an oversubscribed $50 million seed round, just two months after launching with its innovative floating small nuclear reactor technology.

08 Sep 2026
TL;DR

RBI Governor Sanjay Malhotra says fintech transforming India's banking access

Fintech has revolutionized India's financial system, extending banking access to rural areas through innovations like UPI, Aadhaar-enabled ecosystems, and the Jan Dhan initiative.

08 Sep 2026
TL;DR

SEBI deadline puts 29 IPOs and ₹37,580cr including NSE's ₹30,000cr

With SEBI deadlines looming, 29 companies aim to raise ₹37,580 crore in September, led by NSE's ₹30,000 crore IPO amidst execution pressures and investor sentiment challenges.

08 Sep 2026
TL;DR

Intellect Design Arena launches mSOCK AI platform with context layer

Intellect Design Arena’s new enterprise context platform, MSOCK, aims to streamline AI deployments and could generate ₹500-₹2000 crore revenue based on customer traction.

08 Sep 2026
TL;DR

PM Narendra Modi says UPI now live in 11 countries

India's UPI is now live in 11 countries, with PM Modi emphasizing the need to connect it with global payment systems to enhance remittance efficiency and reduce transaction costs.

08 Sep 2026
TL;DR

Vatsal Desai launches Vaultfy luxury travel app with AI Alfred

Indian-origin tech entrepreneur Vatsal Desai is set to globally launch Vaultfy, a luxury travel concierge app featuring AI assistant Alfred, on September 17, 2026.

08 Sep 2026
eBay

eBay under fire for delivering gender-prediction kits to India

eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.

08 Sep 2026
Greece

Hedge fund billionaire Chris Rokos moving from UK to Greece

Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.

08 Sep 2026
Volkswagen

This Volkswagen car plant will now produce defense equipment

Volkswagen has announced plans to convert its Osnabruck car plant in northwestern Germany into a defense production facility.

08 Sep 2026
India

Over 2L companies launched in India in 1 year

India's corporate landscape has witnessed significant growth over the past year, with the addition of over two lakh active companies between June 2025 and June 2026.

08 Sep 2026
Personal Finance

These workers in India can get up to 20% bonus

The Ministry of Labour and Employment has issued two notifications, announcing that employees in India earning up to ₹21,000 a month are eligible for a statutory bonus under the new labor code.

08 Sep 2026
TL;DR

Prime Minister Modi opens Global Fintech Fest 2026 in Mumbai

Prime Minister Narendra Modi inaugurated GFF 2026, urging the fintech industry to harness agentic AI, tokenisation, and quantum technologies for transformative real-world impact.

08 Sep 2026
TL;DR

Air India's $1.5bn request sparks Singapore debate and racist abuse

Air India's $1.5 billion funding request from Tata Sons and Singapore Airlines has sparked political debate in Singapore over Temasek's indirect exposure.

08 Sep 2026
TL;DR

AlphaGrep raises ₹200cr via bonds after RBI tightens funding rules

AlphaGrep, a top Indian high-frequency trading firm, secured ₹2 billion through one-year non-convertible debentures at 10.5% amid tightened RBI regulations.

08 Sep 2026
TL;DR

Om Galaxy to raise ₹105cr in BSE SME IPO Thursday

Om Galaxy plans to raise ₹105 crore through an IPO on BSE SME, offering 1.17 crore equity shares priced at ₹85-₹90 each, opening for subscription on Thursday.

08 Sep 2026
TL;DR

DIIs net bought ₹1,349.64cr as Nifty falls to 3-month low

Domestic institutional investors extended their buying streak to 21 sessions, doubling net purchases to ₹1,349.64 crore even as the Nifty hit a three-month low.

08 Sep 2026
TL;DR

ONGC launches 2,000 cr deeptech energy fund at IIT Bombay

ONGC Chairman Arun Kumar Singh announced a ₹2,000-crore alternative investment fund for deeptech energy start-ups at IIT Bombay, signing an MoU with MC²⁺ Foundation and SINE.

08 Sep 2026
TL;DR

JioBlackRock AMC launches Balanced Advantage Fund; subscriptions open Sept 11-25

JioBlackRock AMC launched its Balanced Advantage Fund as assets under management surged to ₹22,000 crore, aiming to cross ₹25,000 crore by the 2026-27 fiscal.

08 Sep 2026
TL;DR

UK retailers join government 'Opening shift' to create up-to-100,000 placements

Over 40 UK retailers, in partnership with the DWP, plan to create 100,000 job placements for unemployed young people aged 18-24, addressing the growing Neet crisis.

08 Sep 2026
TL;DR

Meta settles near $18B suit, Rajeev Chandrasekhar urges child protections

Meta’s $18 billion US child-safety settlement may intensify regulatory pressure in India, with growing concerns over child safety and algorithmic accountability.

08 Sep 2026
TL;DR

Poseidon Aerospace raises $60 million to fund uncrewed 'Egret' test flight

Poseidon Aerospace raised $60M in Series A funding to advance its uncrewed cargo aircraft, Egret, with the first test flight planned by the end of 2026.

08 Sep 2026
TL;DR

Amazon prepares 1st sterling bond amid tech funding shift

Amazon has enlisted banks to manage its first sterling bond issuance, targeting varied maturities to fund AI investments amid growing demand for diversified financing sources.

08 Sep 2026
TL;DR

DeepSeek hiring 150 senior back-end engineers amid surging data demands

DeepSeek is recruiting 150 senior backend engineers to overhaul its strained infrastructure, driven by surging AI workloads and rapid user base expansion.

08 Sep 2026
TL;DR

AI investments in India rise 119% while 22% have frameworks

Despite a 119% surge in enterprise AI investments, only 22% of Indian organisations have implemented governance frameworks, hindering safe and scalable AI adoption.

08 Sep 2026
TL;DR

Google Cloud and Accenture launch Accenture Gemini enterprise business group

Google Cloud and Accenture have partnered to create the Accenture Gemini Enterprise Business Group, embedding AI engineers on-site to accelerate enterprise adoption.

08 Sep 2026
TL;DR

Amazon India hits 20L sellers with over 3L added

Amazon India added over 3 lakh sellers in the past year, achieving its highest annual growth in three years and reaching a total seller base of 20 lakh.

08 Sep 2026
Mukesh Ambani

Reliance to raise ₹12,500cr via bonds

Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is planning to raise up to ₹12,500 crore ($1.3 billion) through local-currency bonds.

08 Sep 2026
TL;DR

RBI launches 3 nationwide surveys for Oct 7 monetary policy

The Reserve Bank of India initiated three surveys to assess inflation expectations and consumer confidence, providing critical data for the upcoming October 7 monetary policy.

08 Sep 2026
Adani Group

Adani, NTPC among bidders for ₹37,500cr coal gasification plan

The Indian government's ₹37,500 crore coal gasification scheme has attracted interest from major players like Adani Enterprises and NTPC.

08 Sep 2026
TL;DR

Bitcoin falls to $78,339 amid inflation and US policy worries

Bitcoin dipped to $78,339 as strong U.S. employment data and rising oil prices fueled inflation concerns, while institutional ETF inflows provided some support.

08 Sep 2026
TL;DR

US Bitcoin ETFs see August and September inflows, down $1B

Despite a strong rebound in August and September, U.S.-listed spot bitcoin ETFs remain down $1 billion year-to-date, largely due to massive outflows during May and June.

08 Sep 2026
TL;DR

Agentic AI engineer demand in India jumps 260% this year

Demand for Agentic AI engineers in India skyrocketed by 260% in 2026 as enterprises increasingly adopt AI, automating up to 70% of routine tech workloads.

08 Sep 2026
TL;DR

Global developers target Indian housing and mixed-use with local partners

India's booming urbanization and rising incomes are attracting global real estate players, from the US to Vietnam, who are investing in residential and mixed-use developments.

08 Sep 2026
TL;DR

Stoke Space raises $1B, totals $2.3B ahead of 2027 launch

Stoke Space Technologies secured $1 billion in Series E funding to develop fully reusable rockets, aiming to rival SpaceX with innovative designs and cost-effective space access.

08 Sep 2026
TL;DR

HCLTech opens ₹185cr semiconductor lab in Bengaluru for chip testing

HCLTech has launched a ₹185 crore Advanced Semiconductor Lab in Bengaluru, featuring cutting-edge cleanrooms and tools for semiconductor testing and engineering.

08 Sep 2026
TL;DR

Rupee slips 0.35% to 94.8175 as oil jumps near $100

The rupee recorded its steepest drop since late July, falling 0.35% to 94.8175 per dollar, as Brent crude neared $100 amid escalating Middle East tensions.

08 Sep 2026
TL;DR

India introduces AI in finance at Global Fintech Fest

India is exploring AI to revolutionize its financial system, building on the success of UPI, while addressing risks like bias, fraud, and accountability.

08 Sep 2026
TL;DR

Brent crude prices hover near $95 despite U.S.-Iran conflict

Despite escalating U.S.-Iran tensions disrupting Gulf exports, Brent crude remains below $100 per barrel, supported by alternative routes and non-OPEC production increases.

08 Sep 2026
TL;DR

Japan Credit Rating Agency upgrades India's credit rating to 'A-'

India’s sovereign credit rating was upgraded to ‘A-’ by JCRA, driven by robust economic growth, government policies fostering development, and strengthened financial systems.

08 Sep 2026
National Stock Exchange

ESDS shares surge 200% from IPO price in 3 sessions

Cloud and data center player ESDS Software Solution is on an explosive post-listing run. The stock debuted last Friday at a 76% premium and closed day one up 112%, touching an intraday high of ₹908.40.

08 Sep 2026
TL;DR

Kuku Technologies building 1,000 member AI team for microdrama growth

Kuku Technologies is expanding its AI-led production team to 1,000 employees by year-end as it scales its microdrama business ahead of a Rs 3,500 crore IPO.

08 Sep 2026
TL;DR

Google launches DigiPivot 2026, training 2,000 Indian graduates and professionals

Google's DigiPivot 2026 programme offers AI and digital training to 2,000 Indian graduates and junior professionals, enhancing skills in generative AI and leadership.

08 Sep 2026
TL;DR

AI coding tools have not toppled enterprise software giants overnight

AI is reshaping corporate software, but incumbents like Salesforce and Workday are leveraging deep integrations and financial strength to adapt and maintain relevance.

08 Sep 2026
Sensex

Sensex falls over 500 points: What's behind today's sell-off?

The Indian equity markets continued to face pressure in afternoon trade today, with the benchmark indices extending losses.

08 Sep 2026
TL;DR

Uber lays off about 3,300, restricts fully remote to 1%

Uber's latest memo announces a cap on fully remote roles at 1%, urging most employees to relocate near designated offices while enforcing a three-day-a-week hybrid policy.

08 Sep 2026
Delhi High Court

Delhi-HC to hear ANI's plea against OpenAI on September 14

Asian News International (ANI), a news agency, has filed an appeal in the Delhi High Court against a single-judge order that denied interim relief in its copyright infringement lawsuit against OpenAI.

08 Sep 2026
SpiceJet

SpiceJet did not pay employees for 4 months: Report

SpiceJet, one of India's leading airlines, is facing a major financial crisis.

08 Sep 2026
Ducati

Why Volkswagen may sell superbike maker Ducati

Volkswagen AG is contemplating the sale of motorcycle manufacturer Ducati as part of a major restructuring of its vast portfolio.

08 Sep 2026
TL;DR

ESDS shares jump 111% on listing from ₹757, peak ₹1,308.05

ESDS Software Solution's shares skyrocketed over 200% within three days of listing, driven by strong investor demand and consecutive upper circuits since its debut on September 4.

08 Sep 2026
TL;DR

India's August 2026 fuel demand falls 2.8% to 18.61MMT

India's fuel demand dropped 2.8% year-on-year in August, totaling 18.61 million metric tons, despite increases in gasoline and diesel consumption by 8.2% and 6.8%, respectively.

08 Sep 2026
TL;DR

Tata Trusts, Mehli Mistry to face Maharashtra hearing Oct 15

The Maharashtra Charity Commissioner will hear Tata Trusts’ rejoinder to Mehli Mistry’s complaint on October 15, addressing allegations over trustee cessation disputes.

08 Sep 2026
TL;DR

Whatfix names co-founder Vara Kumar CEO after Khadim Batti's death

Whatfix has named cofounder Vara Kumar as CEO after the sudden passing of Khadim Batti, aiming to continue its growth and honor Batti’s impactful legacy.

08 Sep 2026
TL;DR

Sai Life Sciences shares surge 5% to record ₹1,657.20

Shares of Sai Life Sciences rose 5% on September 8, reaching ₹1,657.20 apiece, as the stock surged 84% in 2026 amid strong sectoral performance.

08 Sep 2026
TL;DR

Brent crude jumps to $98 after Houthis hit Saudi facilities

Brent crude surged to $98 per barrel after Saudi Arabia reported Houthi attacks on energy facilities, raising concerns over regional stability and oil supply risks.

08 Sep 2026
TL;DR

India's AI spending jumps 119% as oversight remains weak

Indian enterprises are projected to allocate over 21% of IT budgets to AI by 2027, driven by a 119% growth in AI investment, outpacing global trends.

08 Sep 2026
TL;DR

ANI asks Delhi High Court to revisit OpenAI fair-dealing ruling

ANI has appealed a Delhi High Court order denying interim relief in its copyright case against OpenAI, with the hearing scheduled for September 14.

08 Sep 2026
Anthropic

Mistral AI raises €3 in Europe's biggest tech funding round

French artificial intelligence (AI) company Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion).

08 Sep 2026
TL;DR

SpiceJet faces unpaid staff since May 2026 and operational disruptions

SpiceJet faces a severe cash crunch, with employees alleging unpaid salaries for four months and multiple flights from Delhi experiencing significant delays recently.

08 Sep 2026
TL;DR

Kuwait restores oil exports to about 1 million bpd

Kuwait's crude exports have rebounded to nearly two-thirds of pre-war levels, utilizing ship-to-ship transfers and alternative routes outside the Strait of Hormuz.

08 Sep 2026
TL;DR

India adds 2L+ active firms, services power most growth

India added over 2 lakh active companies in a year, marking the fastest growth in five years, with states like Bihar and Uttar Pradesh emerging as new business hubs.

How to correct your job exit date on EPFO portal

When you leave a job, your employer is supposed to update your exit date on the Employees' Provident Fund Organisation (EPFO) portal.

08 Sep 2026
Canada

Canada's retaliatory tariffs on US goods are now in effect

Canada imposed retaliatory tariffs on US goods today after trade negotiations broke down last month.

08 Sep 2026
Anthropic

Anthropic won't acquire AI start-up Decart for $6B anymore

Anthropic, the artificial intelligence (AI) start-up behind the popular Claude chatbot, has decided against acquiring another AI start-up, Decart for around $6 billion.

08 Sep 2026
TL;DR

Groww adds 2.23L clients in August, leads market per NSE

Groww expanded its active client base by 2.23 lakh in August, boosting its market share to 29.04% and solidifying its position as the largest digital brokerage platform.

08 Sep 2026
TL;DR

Naukri JobSpeak: India white-collar hiring up 14% in August

India's white-collar job market grew 14% YoY in August, driven by robust performances in automotive, healthcare, and retail sectors, according to the Naukri JobSpeak Index report.

08 Sep 2026
TL;DR

Kotak Mahindra AMC opens Kotak Multi Sector Omni Fund NFO

Kotak Mahindra Asset Management has introduced the Kotak Multi Sector Omni Fund of Fund, offering diversified exposure to active and passive sector-focused mutual fund schemes.

08 Sep 2026
TL;DR

China's Longsys raises $903 million in Hong Kong for chip research

Shenzhen Longsys Electronics raised $903 million in a Hong Kong share sale, driven by surging demand for AI data center technologies and advanced memory products.

08 Sep 2026
Samsung India

Samsung lays off around 100 employees in India

Samsung India has asked around 80-100 executives in its television and home appliance divisions to leave, The Economic Times reported.

08 Sep 2026
TL;DR

IFCI shares fall over 9% to ₹92.75 after profit taking

IFCI shares fell over 8% today as investors booked profits following a two-day rally, despite ongoing market buzz around NSE's anticipated IPO and its potential impact.

08 Sep 2026
TL;DR

ASML to develop larger-mask high-NA tools with customers by 2033

ASML plans to partner with major chipmakers like Nvidia, TSMC, and Samsung to develop larger chips using its advanced High NA EUV tools, targeting production readiness by 2033.

08 Sep 2026
TL;DR

Labour and Employment Ministry introduces annual bonus for ₹21,000-or-less workers

Employees earning up to Rs 21,000 monthly can receive an annual bonus between 8.33% and 20% of wages, as per the Code on Wages, 2019.

08 Sep 2026
TL;DR

TCS wins ₹122.6cr Odisha OSWAS contract to upgrade workflows

Tata Consultancy Services (TCS) has won a Rs 122.6 crore contract to develop OSWAS 3.0, an AI-enabled digital governance platform for the Odisha government.

08 Sep 2026
TL;DR

Anand Rathi recommends subscribe long term on Veegaland Developers IPO

Anand Rathi recommends subscribing to Veegaland Developers Ltd's IPO, citing strong execution, robust financials, and growth potential in Kerala's real estate market.

08 Sep 2026
Iran

Oil prices soar to 6-week highs amid US-Iran tensions

Oil prices have continued their upward trend for the third consecutive day, hitting six-week highs.

08 Sep 2026
TL;DR

Oil holds above $97 as Iran Oman talks unsettle markets

Brent crude remains steady above $97 as traders monitor Iran-Oman shipping developments, while stronger US jobs data boosts expectations of a September Fed rate hike.

08 Sep 2026
TL;DR

IFSCA awards Niyo payment service provider license for GIFT City

Fintech platform Niyo has obtained a PSP licence from IFSCA to operate from GIFT City, enabling the company to broaden its cross-border financial services beyond travel forex.

08 Sep 2026
TL;DR

Bitcoin hits golden cross, a bullish signal, trading at $78,650

Bitcoin has formed a golden cross, with its 50-day moving average surpassing the 200-day average, signaling potential bullish momentum despite its historically mixed reliability.

08 Sep 2026
TL;DR

Toyota Kirloskar Motor posts ₹5,652cr dividend and profit turnaround

Toyota Kirloskar Motor's dividend surged to ₹5,652 crore in FY26 from ₹87 crore in FY21, reflecting its transformation into a significant profit driver for Toyota globally.

08 Sep 2026
TL;DR

REC Limited launches India's 1st tokenized bond raising 500cr

A tokenised bond digitises ownership records on blockchain, enabling faster, transparent settlements. India's first blockchain bond by REC Limited raised ₹500 crore successfully.

Glass Wall Systems IPO opens today with 28% GMP

The initial public offering (IPO) of Glass Wall Systems India, a leading provider of facade solutions, is open for subscription today.

08 Sep 2026
Donald Trump

Copper prices hit all-time high

Copper prices have surged to an all-time high on the London Metal Exchange (LME), following a weeks-long rally.

08 Sep 2026
TL;DR

True Balance runs loans through AI, more than doubles accuracy

True Balance evaluates 100% of loan applications using AI, integrating alternative financial data with credit bureau scores to expand access and reduce defaults by over half.

08 Sep 2026
TL;DR

Deepa Jewellers jumps 25% while Rays of Belief briefly dips

Deepa Jewellers opened 25% above its IPO price, debuting at ₹221, while Rays of Belief listed flat at ₹239 before dipping to its lower circuit on the NSE.

08 Sep 2026
TL;DR

Bitcoin under $79,000 after US jobs report boosts Fed odds

Bitcoin traded below $78,800 Tuesday as rising Treasury yields lifted Federal Reserve rate hike odds to 60%, while Zcash led cryptocurrency losses with a sharp 5% drop.

08 Sep 2026
Iran

Qatar sends first LNG cargo through Hormuz since July

A liquefied natural gas (LNG) tanker from Qatar has successfully navigated through the Strait of Hormuz, marking the first such exit since July.

08 Sep 2026
TL;DR

Rays of Belief IPO 107.71x subscribed, lists at ₹239

Rays of Belief shares listed flat at ₹239 on NSE and BSE, matching the IPO issue price, despite an overwhelming 108x subscription and a grey market premium of ₹15.

08 Sep 2026
TL;DR

Sensex down 372.96 points and Nifty slips below 23,700

Elevated crude oil prices and US-Iran tensions weighed on markets, pushing Nifty below 23,800. Defence stocks gained attention after ₹1.10 lakh crore acquisition approvals.

08 Sep 2026
Aadhaar Card

LPG e-KYC deadline extended to September 14

The deadline for domestic cooking gas consumers to complete Aadhaar-based biometric authentication (e-KYC) of their liquefied petroleum gas (LPG) connections has been extended again. The new deadline is now September 14.

08 Sep 2026
TL;DR

Sensex drops over 400 points as Nifty falls below 23,700

Benchmark indices Sensex and Nifty fell by up to 0.5% on September 8, driven by rising crude prices and declines in realty and IT shares.

08 Sep 2026
TL;DR

Rupee opens at ₹94.51 amid Brent surge, Iran tensions

The rupee slipped two paise to Rs 94.51 against the dollar as elevated Brent crude prices and importer hedging exerted pressure, while RBI intervened to curb sharp depreciation.

08 Sep 2026
China

China's exports surge 25% in August, trade surplus hits $119B

China's export growth has gained momentum, with a 25% increase in August compared to the same month last year.

08 Sep 2026
TL;DR

Larsen & Toubro plans ₹500cr tokenized bonds at 7.4%

Larsen & Toubro plans to raise ₹500 crore through three-year tokenised bonds, marking the first such issuance by an Indian private-sector company with a 7.40% annual coupon.

08 Sep 2026
TL;DR

Tech giants committed nearly $57B as India nears 2.6 GW

India is rapidly scaling its data-centre infrastructure, driven by $57 billion investments from tech giants, as the US faces growing resistance to data-centre expansion.

08 Sep 2026
TL;DR

Goldman lifts ICICI Bank target to ₹2,000 amid 53 buys

Goldman Sachs has set a ₹2,000 price target for ICICI Bank, marking the highest valuation among analysts. All 53 analysts covering the stock maintain a "buy" rating.

08 Sep 2026
TL;DR

Biocon signs 10-year Brazil Pertuzumab deal with Bahiafarma and Bionovis

Biocon has signed a 10-year contract with Bahiafarma and Bionovis to exclusively supply Pertuzumab, a HER2-positive breast cancer therapy, to Brazil's public healthcare sector.

08 Sep 2026
TL;DR

China's August exports jump 25%, imports rise less, $119.1B surplus

China's exports surged by 25% in August, driven by global AI infrastructure expansion, while its trade surplus widened to $119.1 billion despite rising tensions.

08 Sep 2026
TL;DR

Cyrix Healthcare acquires Blue Star MedTech business, targets 30-40% growth

Kochi-based Cyrix Healthcare, backed by Somerset Indus Capital Partners, has acquired Blue Star E&E's MedTech Solutions business, aiming for a 30-40% growth post-acquisition.

08 Sep 2026
TL;DR

Sterlite Technologies launches 'Lakshya' to hit ₹20,000cr by 2028-29

Sterlite Technologies aims to achieve ₹20,000 crore revenue by FY29 under its ambitious "Lakshya" plan, focusing on scaling digital connectivity and expanding fiber capacities.

08 Sep 2026
TL;DR

Oil climbs as Iran threatens retaliation and gold near $4,400

Oil prices rose on supply disruption fears as Middle East tensions escalated, while gold held steady near $4,400 an ounce, balancing geopolitical risks against a weaker US dollar.

08 Sep 2026
TL;DR

Anthropic abandons $6 billion Decart AI acquisition after due diligence

Anthropic PBC has reportedly decided against acquiring AI startup Decart for $6 billion after conducting due diligence, though future collaboration opportunities remain possible.

08 Sep 2026
TL;DR

OpenAI CEO Sam Altman says AI helps noncoders build businesses

AI is leveling the playing field for entrepreneurs, says OpenAI CEO Sam Altman, enabling non-technical innovators to transform ideas into viable businesses.

08 Sep 2026
TL;DR

Indian markets likely to open flat amid U.S.-Iran oil worries

Indian equities are poised for a muted start on Tuesday as rising crude oil prices and persistent US-Iran tensions weigh on market sentiment amid mixed global cues.

08 Sep 2026
TL;DR

India life insurance premiums jump 33% to ₹41,198cr in August

Life insurers saw a 33% year-on-year rise in new business premiums in August, driven by strong growth in group single-premium policies and steady retail expansion.

08 Sep 2026
TL;DR

Japanese yen jumps to 153.80 against US dollar, nearly 4%

The yen surged nearly 4% this month, breaking key levels and fueled by Bank of Japan rate hike expectations, positioning it close to its strongest level since 2026.

08 Sep 2026
TL;DR

OpenAI signs multi-year deal with Firmus for Malaysian data centers

OpenAI has inked a multi-year deal with Australia's Firmus, securing computing capacity at two Malaysian data centres to support advanced AI models like Astra.

08 Sep 2026
TL;DR

Glass Wall Systems opens IPO at ₹172-₹182, seeks ₹428cr

Glass Wall Systems India’s ₹428-crore IPO opens today, with a price band of ₹172-182 per share. The issue includes fresh equity and an offer for sale by promoters.

08 Sep 2026
TL;DR

Asian markets mixed as Nikkei 225 rises and yen jumps

Asian markets showed mixed performance Tuesday, with the yen strengthening significantly and oil prices climbing amid escalating Iranian threats in the Persian Gulf.

08 Sep 2026
TL;DR

The Economic Times expands 2026 awards with 2 new categories

The ET Product of the Year Awards 2026 spotlight products driving innovation, sustainability, and self-reliance with measurable real-world impact.

08 Sep 2026
TL;DR

Economic Times HR Excellence Awards spotlights Woman HR Leader category

The Economic Times HR Excellence Awards 2027 honors women revolutionizing HR, showcasing their strategic impact on business success and inspiring future generations of leaders.

08 Sep 2026
TL;DR

Qatar resumes LNG exports through Strait of Hormuz after pause

Qatar resumed liquefied natural gas (LNG) shipments through the Strait of Hormuz, marking its first visible export via the waterway since July amid regional tensions.

08 Sep 2026
TL;DR

Agnikul Cosmos opens STIF and proof to boost rocket readiness

Spacetech startup Agnikul Cosmos has inaugurated two advanced units, STIF and PROOF, at its Assembly & Testing Facility in Chennai to enhance rocket testing and manufacturing.

08 Sep 2026
TL;DR

Global tech giants outpace Indian firms in April-June growth: Kotak

Global IT leaders like Accenture and Capgemini outperformed Indian-listed peers, leveraging AI, consulting, and transformation services for faster revenue growth.

08 Sep 2026
TL;DR

Japan's economy grew at a 1.4% annual pace in Q2

Japan's economy grew at an annualised 1.4% in Q2, surpassing the initial 1.1% estimate, driven by stronger-than-expected corporate capital spending and resilient external demand.

08 Sep 2026
TL;DR

Amazon debuts Creator Connections linking creators with 50,000+ Indian brands

Amazon's new Creator Connections program links creators with over 50,000 brands in India, enabling monetization through cost-per-click and affiliate sales opportunities.

08 Sep 2026
TL;DR

Samsung India cuts about 100 TV and home appliance jobs

Samsung India has initiated layoffs in its electronics division, impacting 80-100 employees, as surging memory chip prices and declining sales pressure margins in its key markets.

08 Sep 2026
TL;DR

Health Net decision prompts 24 Hour Home Care's 738 layoffs

24 Hour Home Care is cutting 738 positions, citing Health Net's decision to end key services. The layoffs, effective Sept. 15, impact caregivers across California.

08 Sep 2026
TL;DR

India tops global job optimism for October through December 2026

India leads globally in job market optimism, with 65% of employers planning to hire in Q4 2026, driven by demand for new skills and advancing technology, a survey reveals.

08 Sep 2026
TL;DR

Gold around $4,400 with U.S.-Iran tensions and 60% Fed odds

Gold held near $4,400 an ounce as Middle East tensions lifted inflation concerns, while a weaker US dollar against the yen supported bullion's appeal for global buyers.

08 Sep 2026
TL;DR

Court to decide Lee Hwa-jin's claim over Smilegate shares

A South Korean court will decide the divorce case of gaming billionaire Kwon Hyuk-bin, potentially reshaping ownership of Smilegate, the company behind Crossfire and Lost Ark.

08 Sep 2026
TL;DR

Shein's Hong Kong debut: shares drop 19% to $21bn

Shein’s Hong Kong IPO saw its valuation plummet by $5 billion within five trading days, reflecting market concerns over tariffs, competition, and operational challenges.

08 Sep 2026
TL;DR

Finance Ministry delays PLI rollout for PSBs in fiscal 2026

The government has postponed the FY26 Performance Linked Incentive scheme for public sector banks, addressing employee concerns raised during ongoing bipartite discussions.

07 Sep 2026
LPG Cylinder

Rural residents can now book LPG refills every 25 days

In a major policy change, the Indian government has directed oil marketing companies to allow rural LPG consumers to book cylinder refills every 25 days.

07 Sep 2026
Axis Bank Ltd

Studied or worked abroad? Axis Bank is now hiring

Axis Bank has launched a new hiring initiative called "Arise Homecoming," aimed at attracting globally educated Indian talent looking for job opportunities in India.

07 Sep 2026
Swiggy

Swiggy's new 24x7 helpline helps you complain about food quality

Swiggy has launched a dedicated 24x7 helpline for customers to report any food safety-related concerns.

07 Sep 2026
Gujarat

India's battery sector to generate 20L jobs by FY30

India's battery industry is poised to enter its most capital and employment-intensive phase, with an estimated 15-20 lakh jobs to be created by FY30.

07 Sep 2026
London

TCS launches AI studio in London, plans 5,000 new jobs

Tata Consultancy Services (TCS) has announced the opening of an artificial intelligence (AI)-driven creative engineering studio in London.

07 Sep 2026
Bank of Baroda

NSE IPO to raise ₹30,000cr, valuation could touch ₹5 trillion

The National Stock Exchange (NSE) is gearing up for its initial public offering (IPO), which could raise as much as ₹30,000 crore.

07 Sep 2026
McDonald's

Why McDonald's is ditching Pumpkin Spice Latte

McDonald's has announced that it will not be serving the popular Pumpkin Spice Latte this fall, marking a major shift in its seasonal menu.

07 Sep 2026
Mutual Funds

Should you invest in consumption-focused mutual funds right now?

India's economy is heavily driven by consumption, with the country's GDP growing 7.8% in Q1 FY27, surpassing the RBI's projection of 7%.

07 Sep 2026
China

Why China is infusing around $54B into banks and insurers

China is injecting a massive amount of CNY 360 billion ($53.6 billion) into eight of its state-owned banks and insurance companies.

07 Sep 2026
Morgan Stanley

Sensex could hit 89,000 by June 2027, says Morgan Stanley

Morgan Stanley, a leading Wall Street firm, has projected that the Indian economy is entering a multi-quarter growth phase.

07 Sep 2026
Europe

EU might lose 300,000 manufacturing jobs in 2026. Reason? China

The European Union (EU) is facing a potential loss of 300,000 manufacturing jobs in the latter half of 2026. The grim prediction comes from Eurometal, an industry trade body.

07 Sep 2026
Hyundai Motor India

Hyundai India eyes 20% women executives by 2030

Hyundai Motor India Ltd (HMIL) has announced plans to increase female representation in its executive workforce to 20% by 2030.

New ETF rules from today: How they affect investors

The Securities and Exchange Board of India (SEBI) has implemented new trading rules for exchange-traded funds (ETFs), effective today.

07 Sep 2026
HDFC Bank

Your HDFC Bank loans are now cheaper

HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates (MCLR) on select tenures.

07 Sep 2026
Air India

Safety is my top priority: Air India's new CEO

Air India's incoming CEO, Tewolde Gebremariam, has said that safety will be his top priority as he takes over the Tata Group-owned airline.

07 Sep 2026
Bombay High Court

SC quashes ₹363cr GST demand against Vodafone Idea

The Supreme Court of India has upheld a Bombay High Court order quashing a ₹363 crore Goods and Services Tax (GST) demand against Vodafone Idea.

07 Sep 2026
Uber

Uber co-founder could be eyeing the robotaxi market

Travis Kalanick's start-up, Atoms, could be venturing into the robotaxi space.

07 Sep 2026
Bombay Stock Exchange (BSE)

Why BSE shares are up 10% in 3 sessions

BSE shares have witnessed a remarkable surge, rising by 2% to a day's high of ₹3,475 on the NSE today.

07 Sep 2026
Finance

Gold, silver prices down on MCX: Here we decode why

Gold and silver prices have witnessed a decline on the Multi Commodity Exchange (MCX) today. The fall comes amid weak global cues and muted spot demand.

07 Sep 2026
Reserve Bank Of India (RBI)

How NRIs can submit life certificate for uninterrupted pension

Retired individuals who receive pensions under the Employees' Pension Scheme (EPS-95) must keep their Life Certificate, or Jeevan Pramaan, up to date.

07 Sep 2026
Nike

Why Nike is leaving S&P 100 index after 18 years

Nike, the sportswear giant, will be removed from the S&P 100 index on September 21.

07 Sep 2026
PVR Inox

PVR Inox shares down over 8% today: What's the reason?

PVR Inox, India's leading cinema chain, witnessed a major fall in its share price today.

07 Sep 2026
Apple

Tim Cook is not leaving Apple anytime soon

Tim Cook has stepped down as Apple's CEO after a successful 15-year tenure. However, he won't be leaving the company anytime soon.

'Baseless and incorrect': ISRO dismisses privatization rumors

The Indian Space Research Organization (ISRO) has clarified that there are no plans to privatize the space agency or reduce its role in the wake of ongoing space-sector reforms.

06 Sep 2026
Madhya Pradesh

ED busts toll collection scam at 100 highway plazas

The Enforcement Directorate (ED) has unearthed a major toll collection scam, according to PTI.

06 Sep 2026
Tata Motors Ltd

How Tata Motors Commercial Vehicles benefits from €3.8B Iveco acquisition

Tata Motors Commercial Vehicles (TMCV) will soon become a global player in the commercial vehicle industry, thanks to its recent €3.82 billion acquisition of Italian group Iveco.

06 Sep 2026
McDonald's

'Starve every day': McDonald's X account compromised by 'unpaid' intern

McDonald's India's official X account was hacked today. The hacker used the handle to post a complaint from an unpaid intern about salary issues.

06 Sep 2026
BRICS

India's GST Council meeting postponed. Reason? BRICS Summit

The 57th Goods and Services Tax (GST) Council meeting has been rescheduled from September 12 to October 7.

06 Sep 2026
Anil Ambani

Ex-Reliance executive Amitabh Jhunjhunwala denied bail in ₹11,000cr money-laundering case

A Delhi court has denied bail to Amitabh Jhunjhunwala, a former Reliance executive, in an ₹11,000 crore money laundering case.

06 Sep 2026
Indian Government

Why Modi government sold 4,000 tons of buffer onions

The Indian government has sold nearly 4,000 tons of buffer onions in 17 cities over the last 10 days. The move is part of a subsidized sale strategy to bring down the skyrocketing prices.

06 Sep 2026
Saudi Arabia

OPEC+ likely to keep oil output policy unchanged for October

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are likely to keep their oil output policy unchanged for October.

06 Sep 2026
Aadhaar Card

How to check if Aadhaar is linked to multiple SIMs

Did you know that your Aadhaar card can be linked with multiple mobile numbers?

06 Sep 2026
Dubai

Indian Bank to open representative office in Dubai

Indian Bank has announced its plans to set up a representative office in Dubai. The decision comes after the bank's board approved the move as part of its strategy to expand overseas operations.

06 Sep 2026
PayPal

PayPal, Oracle, Volkswagen layoffs: Is severance pay taxable in India?

In the wake of recent layoffs by global giants like PayPal, Oracle, and Volkswagen, the issue of severance packages has come to the fore.

7 candidates compete for ONGC's chief post

Seven candidates shortlisted for the top job at state-run Oil and Natural Gas Corporation (ONGC) are likely to appear before a search-cum-selection committee this week, according to PTI sources familiar with the selection process.