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Business News

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11 May 2026
Startups

Space tech start-up Agnikul in talks to raise $50-75M

Space technology start-up Agnikul Cosmos is in talks to raise between $50 million and $75 million, as per Economic Times.

11 May 2026
Iran

'No petrol, diesel shortage': Government after PM's 'save fuel' appeal 

The Indian government has assured that there is no shortage of petrol, diesel, liquefied petroleum gas (LPG), or crude oil in the country.

11 May 2026
TL;DR

HSBC cuts India FY2027 growth forecast from 7.4% to 6%

HSBC projects India's GDP growth to slow to 6% in FY27 due to an energy crisis and deficient rainfall, with inflation prompting two expected RBI rate hikes this fiscal year.

11 May 2026
TL;DR

GJEPC warns India's gold demand slump risks thousands of jobs

India’s jewellery sector, supporting 300,000 businesses, faces risks as reduced gold demand could affect MSMEs, artisans, and employment across major hubs like Mumbai and Jaipur.

11 May 2026
TL;DR

India set to raise fuel prices by ₹5 per liter

Indian state refiners anticipate a modest fuel price increase of 5 rupees per liter to offset mounting losses from the Persian Gulf war and rising crude oil costs.

11 May 2026
TL;DR

SEBI proposes GARUDA to speed AIF launches in India

SEBI has introduced the GARUDA mechanism to reduce AIF scheme launch timelines from 30 to 10 working days, streamlining fundraising and capital deployment.

11 May 2026
Netflix

Jio's ₹749 postpaid plan offers Netflix, Amazon Prime, and JioHotstar

Reliance Jio has a postpaid recharge plan priced at ₹749.

11 May 2026
TL;DR

Rupee falls to 95.31 as oil spikes on U.S.-Iran tensions

The Indian rupee fell 0.9% to a record low of 95.31 per dollar as soaring crude prices, driven by U.S.-Iran tensions, strained India's economic outlook.

11 May 2026
Bharti Airtel

'Invest more': Sunil Mittal urges Indian companies amid global uncertainty

Sunil Bharti Mittal, the chairman of Bharti Enterprises, has urged Indian companies to "double down" on investments and spending within the country.

11 May 2026
TL;DR

Industry forms Digital Precious Metals Assurance Council of India

India’s digital gold sector establishes DPMACI to enhance transparency, governance, and consumer safeguards through standardized practices and independent audits.

11 May 2026
TL;DR

Rapido launches buggy-to-boarding electric buggies at KSR Bengaluru station

Rapido has introduced electric buggy services at KSR Bengaluru City railway station, offering convenient transport for passengers, especially seniors and those with heavy luggage.

11 May 2026
Stock Market

India's real estate stocks tumble today: Here we decode why

Shares of major Bengaluru-based real estate firms have witnessed a slump today.

11 May 2026
TL;DR

Tech layoffs exceed 92,000 in 2026 as AI streamlines workflows

Tech layoffs surpass 92,000 in just five months as companies like Meta, Microsoft, and Amazon cite AI-driven efficiencies and post-Covid over-hiring corrections.

11 May 2026
TL;DR

US team expected to visit India for next trade talks

India anticipates a US delegation's visit for the next round of trade negotiations, following April's discussions in Washington to advance the bilateral trade agreement framework.

11 May 2026
TL;DR

Tata Consumer Products shares jump 8% after strong Q4 results

Tata Consumer Products shares surged 8% on May 11, marking their biggest single-day gain since March 2020, driven by strong Q4 results and positive brokerage outlooks.

11 May 2026
China

Copper defies US-Iran war impact, nears record high

Copper is on a record-high trajectory as traders overlook the US-Iran conflict and focus on supply-demand dynamics.

11 May 2026
TL;DR

Novartis expands Phase II and III trials in India

Novartis is advancing early-stage research and clinical trials in India, reinforcing its commitment to innovative medicines and global drug development.

11 May 2026
TL;DR

NITES seeks mandatory WFH for tech and digital service jobs

The IT union NITES urged the Labour Ministry to enforce mandatory WFH, citing benefits like reduced fuel usage, less congestion, and sustained economic activity.

11 May 2026
TL;DR

Ashwini Vaishnaw says 4 semiconductor plants will operate by 2026

India's third semiconductor plant will begin production in July, while the fourth facility is set to commence operations by November or December, says Vaishnaw.

11 May 2026
TL;DR

UPL posts 20% Q4 profit rise to ₹1,294 cr

UPL reported a 20% rise in consolidated net profit to ₹1,294 crore for Q4 FY26, driven by robust sales and an 18% increase in total income to ₹18,335 crore.

11 May 2026
TL;DR

India not planning to raise gold or silver import duties

The government clarified there are no plans to increase import duties on gold and silver, despite PM Modi urging reduced gold purchases amid foreign exchange pressures.

11 May 2026
TL;DR

Indian rupee falls against 9 major currencies over past year

The Indian rupee has weakened significantly against nine major global currencies, with its steepest fall of 25% against the Australian dollar over the past year.

11 May 2026
TL;DR

Samsung in last-minute talks to avert May 21 strike

Samsung Electronics and its labour union are engaging in last-ditch negotiations this week to avert a May 21 strike that threatens global semiconductor supply chains.

11 May 2026
TL;DR

Senate expected to confirm Kevin Warsh as Fed chair

The US Senate is set to confirm Kevin Warsh as Federal Reserve chair this week, amid concerns over his alignment with President Trump’s push for lower interest rates.

11 May 2026
TL;DR

Sun TV shares fall 1.19% after actor Vijay sworn in

Sun TV Network shares fell 1.19% to Rs 566.70 as actor-turned-politician Vijay's TVK formed Tamil Nadu's first non-DMK, non-AIADMK government in six decades.

11 May 2026
TL;DR

Gautam Adani urges India to build its own AI backbone

Gautam Adani emphasized India's need to independently build, power, and own AI infrastructure, calling it strategic for energy security and future competitiveness.

11 May 2026
Finance

Gold, silver prices under pressure in India: What's the reason?

Gold and silver prices are witnessing a downward trend in India.

11 May 2026
TL;DR

Google mulls building AI servers in India, says Ashwini Vaishnaw

Google is seriously considering manufacturing AI servers in India, Electronics Minister Ashwini Vaishnaw revealed, highlighting India's growing role in global tech supply chains.

11 May 2026
Tata

Tata Consumer shares jump 7%, highest level in 2 years

Shares of Tata Consumer Products, the Tetley tea maker, surged by as much as 6.6% today. This is the highest level for the stock in over two years.

11 May 2026
HDFC Bank

HDFC Bank board mulls 90-day extension for interim chairman

HDFC Bank's board is considering a 90-day extension for Keki Mistry as its interim chairman, according to Moneycontrol.

11 May 2026
TL;DR

India and Peru begin FTA talks in June on copper

India and Peru are set to resume negotiations on a proposed free trade agreement in June, aiming for a deal by year-end, according to Peru's ambassador to India.

11 May 2026
TL;DR

BlackRock CEO Larry Fink says no AI bubble, compute shortages

Larry Fink dismisses the notion of an AI bubble, emphasizing supply shortages and surging demand for computing power, with BlackRock ramping up investments in AI infrastructure.

11 May 2026
TL;DR

Chennai's Mindgrove to launch India's 1st commercial secure IoT chip

Chennai-based Mindgrove Technologies is set to begin commercial production of India’s first RISC-V-based Secure IoT chip, targeting biometrics and industrial IoT applications.

11 May 2026
India

How to invest in Indian government securities bonds

Investing in Indian government securities bonds can be a smart move for those seeking stable returns.

11 May 2026
TL;DR

Stronger dollar and crude oil push down gold and silver

Gold and silver prices in India declined on Monday, with MCX gold falling below ₹1.52 lakh and MCX silver seeing a sharper correction amid global market weakness.

11 May 2026
TL;DR

FY26 turmoil hits India's small IT firms with mixed results

Growth slowdown in FY26 has reshaped the rankings among small Indian IT firms, with Zensar Technologies overtaking Birlasoft and Sasken entering the $100 million revenue club.

11 May 2026
Ashwini Vaishnaw

Bullet trains will eliminate short-duration flights, says Ashwini Vaishnaw

India's Railways Minister Ashwini Vaishnaw has warned airline investors that the country's new high-speed rail network will dominate short-haul routes.

11 May 2026
Electric Vehicles

EV stocks soar as Modi calls for fuel conservation

Shares of electric vehicle (EV) makers such as JBM Auto, Ola Electric Mobility, Ather Energy, and Olectra Greentech rose sharply today.

11 May 2026
Stock Market

Why travel & tourism, aviation shares are seeing downturn today

Shares of major oil marketing companies (OMCs), airlines, and travel-related firms have plummeted today.

11 May 2026
Reliance Industries

Jio's IPO in India will be a fully fresh issue

Reliance Industries Limited (RIL) is changing the listing structure of its telecom and digital venture, Jio Platforms.

11 May 2026
Stock Market

Urban Company's shares fall 11% on dismal earnings report

Urban Company's shares plummeted by 11% today, marking its biggest single-day decline since listing in September 2025.

11 May 2026
TL;DR

Tema Space Innovators ETF draws attention for SpaceX pre-IPO access

Space-themed ETFs are soaring in popularity, fueled by excitement over SpaceX's upcoming IPO. Only the NASA ETF holds a pre-IPO stake, making it uniquely positioned.

11 May 2026
TL;DR

Fitch Group forecasts India GDP growth slowing to 6.7%

India's GDP growth is projected to decelerate to 6.7% in FY2026-27, driven by waning economic momentum and rising crude oil prices due to the Iran-US conflict, BMI reported.

11 May 2026
TL;DR

Jewelry stocks tumble after PM Modi urges skipping non-essential gold

Jewellery stocks fell sharply, with shares sinking up to 9%, following PM Modi's call to curb non-essential gold purchases to conserve foreign exchange reserves.

11 May 2026
TL;DR

Google to pay $50 million to settle discrimination lawsuit

Google has agreed to a $50 million settlement in a class-action lawsuit alleging systemic racial discrimination against Black employees in hiring, pay, and advancement.

11 May 2026
Narendra Modi

Alarmed by Modi's announcement, jewelry associations to meet PMO officials

Shares of jewelry companies such as Titan Company Ltd, Senco Gold, and Kalyan Jewellers fell by up to 11% today.

11 May 2026
Sensex

Indian rupee hits new low against US dollar

The Indian rupee has hit a new low, trading at ₹95.16 against the US dollar.

11 May 2026
Karnataka

Liquor manufacturers seek price hike amid US-Iran war disruptions

India's liquor manufacturers are seeking a price hike, citing rising costs due to the ongoing West Asia conflict.

11 May 2026
TL;DR

Rupee hits record ₹95.17 against US dollar, Modi urges restraint

The Indian rupee fell to Rs 95.17 against the US dollar, its weakest in 2026, as soaring crude oil prices and geopolitical tensions rattled markets after Modi’s fuel-saving appeal.

11 May 2026
TL;DR

Copper nears record at $13,600 in Shanghai as supply tightens

Copper prices are nearing record highs as traders focus on tight supply and strong demand, defying geopolitical tensions from the US-Iran conflict and Middle East instability.

11 May 2026
State Bank of India (SBI)

India's growth pegged at 7.2% for Q4 FY26

The Indian economy is expected to grow by 7.2% in the January-March quarter (Q4) of the fiscal year 2025-26 (FY26), according to a research report by the State Bank of India (SBI).

11 May 2026
TL;DR

HDFC Bank exploring RBI extension for interim chair Keki Mistry

HDFC Bank's board is likely to seek a 90-day extension for interim chairman Keki Mistry, whose tenure ends on June 18, sources said.

11 May 2026
TL;DR

Bitcoin steadies near $80,800 as CLARITY Act watch lifts sentiment

Bitcoin held steady near $81,000 despite strong US jobs data, supported by robust ETF inflows and optimism surrounding the Senate's upcoming vote on the CLARITY Act.

11 May 2026
TL;DR

Indian rupee at 94.9650 per dollar as RBI likely intervened

The Reserve Bank of India likely intervened in the forex market on Monday, traders said, as rising oil prices fueled concerns over India's economic outlook and pressured the rupee.

11 May 2026
TL;DR

Health Canada approves Biocon micafungin Monday, Biocon shares rise 1.9%

Biocon shares climbed 1.9% after Health Canada approved micafungin injection, used to treat serious bloodstream infections like Candidemia, marking a key milestone for the company.

11 May 2026
TL;DR

Niva Bupa shares jump over 10% after profit hits ₹345cr

Niva Bupa Health Insurance shares soared over 10% on Monday, driven by a 67% year-on-year profit rise in Q4FY26 and robust premium growth.

11 May 2026
TL;DR

Indian rupee drops to ₹94.90 after Trump rejects Iran response

The Indian rupee plummeted 139 paise to ₹94.90 against the US dollar as surging crude oil prices and foreign portfolio outflows intensified pressure on the currency.

11 May 2026
TL;DR

Swiggy sales up nearly 45% to ₹6,383 cr, losses narrow

Swiggy's consolidated net sales surged to Rs 6,383.00 crore in March 2026, marking a robust year-on-year growth of 44.74% compared to Rs 4,410.02 crore in March 2025.

11 May 2026
TL;DR

SBI shares slip over 3% to ₹984 after underwhelming Q4FY26

State Bank of India shares dropped over 3% following weaker-than-expected Q4 results, driven by margin compression, treasury losses, and subdued net interest income growth.

11 May 2026
Swiggy

Why Swiggy's Instamart is facing a slowdown in growth

Swiggy's quick commerce business, Instamart, witnessed a slowdown in growth during the fourth quarter of FY26.

11 May 2026
OpenAI

OpenAI employees sell shares worth up to $30M each

OpenAI allowed its employees, both current and former, to sell shares worth up to $30 million each in a recent secondary transaction.

11 May 2026
TL;DR

Hexaware CEO R Srikrishna says clients demand AI impact quickly

Hexaware CEO R. Srikrishna highlights a shift in client priorities, moving beyond AI pilots to actionable roadmaps with measurable returns within months.

11 May 2026
Stock Market

After Modi's speech, Sensex down over 1,000 points today

The Indian stock market witnessed a major crash today, with the Sensex plummeting by 1.35% (1,044 points) to 76,275. Meanwhile, Nifty fell by 1.26% (305 points) to 23,872.90.

11 May 2026
TL;DR

India's liquor makers seek price hikes citing West Asia conflict

India's liquor industry faces rising costs due to the West Asia crisis, with inflation in packaging materials and fuel prices eroding profit margins.

11 May 2026
TL;DR

Jensen Huang urges Carnegie Mellon grads to learn AI tools

Nvidia CEO Jensen Huang encouraged graduates, stating that AI won't replace them but mastering it is crucial. He emphasized this as the perfect time to pursue career dreams.

11 May 2026
TL;DR

India's forex reserves slide to $690.7bn from $728.5bn in February

India’s forex reserves stood at $690.7 billion as of May 1, 2026, down from February’s peak of $728.5 billion due to costlier crude oil and a weaker rupee.

11 May 2026
TL;DR

Sensex slumps over 800 points as Nifty falls below 24,000

Sensex dropped over 800 points, and Nifty fell below 23,950 as crude oil prices surged 3.5% following failed peace talks between the U.S. and Iran.

11 May 2026
TL;DR

SBI expects India growth 7.2% Jan-March FY26, below government's 7.3%

SBI research projects India's Q4 FY26 growth at 7.2%, slightly below the earlier estimate of 7.3%, citing resilient economic activity despite global challenges.

11 May 2026
TL;DR

India 10-year yield rises to 7.015% amid Middle East tensions

India's 10-year government bond yield climbed to 7.015% on May 11, marking its third consecutive rise as surging crude oil prices fueled global market volatility.

11 May 2026
TL;DR

Gold slips on inflation worries and stalled U.S.-Iran peace talks

Gold prices dropped as stalled US–Iran peace talks drove oil prices higher, sparking inflation fears and raising expectations of prolonged elevated interest rates.

11 May 2026
TL;DR

OpenAI employees sold $6.6B in shares at $400B valuation

OpenAI employees sold $6.6 billion in shares during a secondary transaction, with the company valued at $400 billion and 75 participants liquidating up to $30 million each.

11 May 2026
TL;DR

JPMorgan lifts Kospi index target to 10,000 citing semiconductor comeback

JPMorgan Chase & Co. increased its Kospi bull-case target to 10,000, citing a semiconductor cycle upswing and corporate governance reforms driving Korean equity momentum.

11 May 2026
TL;DR

Swiggy Instamart GOV dips 0.7% to ₹7,881cr in Q4 FY26

Swiggy's Instamart saw a 0.7% sequential decline in gross order value amid rising competition and strategic shifts, as rivals like Blinkit gained momentum.

11 May 2026
TL;DR

Experts say Apple Intel chip deal will not dislodge TSMC

TSMC's technological edge and production stability make it indispensable for Apple's core devices, despite reports of a preliminary chip manufacturing deal between Apple and Intel.

11 May 2026
TL;DR

China's producer prices surge 2.8% in April amid oil disruptions

China's producer price index rose 2.8% in April, its highest in 45 months, driven by soaring energy costs amid the prolonged Iran conflict and global oil supply disruptions.

11 May 2026
TL;DR

Satya Nadella to testify in Musk v OpenAI lawsuit

Microsoft CEO Satya Nadella will testify in Elon Musk's lawsuit against OpenAI, addressing emails that reveal Microsoft's funding pivoted on the potential for profit.

11 May 2026
TL;DR

Asian markets rally on AI, South Korea peaks, Nintendo slides

Asian stocks gained as AI-driven investments boosted sentiment, while oil prices surged amid prolonged Middle East tensions following Iran's rejection of U.S. proposals.

11 May 2026
TL;DR

Cerebras eyes $4.8B IPO with $150-$160 range and 30 million shares

Cerebras Systems plans to increase its IPO price range to $150-$160 per share, driven by surging demand for its AI chips and strong industry adoption.

11 May 2026
TL;DR

Reliance switches Jio Platforms IPO to fresh issue for retail

Reliance Industries shifts Jio Platforms' IPO to a fresh issue, prioritizing retail investor protection and enabling direct funding for debt repayment and expansion.

11 May 2026
TL;DR

PIMCO warns Iran tensions could unsettle US Fed rate plans

Geopolitical tensions in Iran, disrupting oil supplies and raising energy prices, may push the Federal Reserve to delay rate cuts and consider hikes, warns Pimco's Dan Ivascyn.

11 May 2026
TL;DR

Paytm, PB Fintech, Groww adopt AI to modernize wealth management

India's top fintech firms, including Paytm, PB Fintech, and Groww, are leveraging AI to enhance customer experiences, boost productivity, and unlock new revenue streams.

11 May 2026
TL;DR

US-Iran conflict pushes raw material costs for India sports goods

The US-Iran war has driven up petrochemical-based raw material costs, squeezing margins for Indian sports goods manufacturers concentrated in Punjab and Uttar Pradesh.

11 May 2026
TL;DR

Noel Tata to step down from Tata boards this November

Noel Tata, turning 70 this November, is preparing to retire from non-executive roles across key Tata company boards, marking a pivotal leadership reshuffle within the conglomerate.

11 May 2026
TL;DR

Oil jumps after President Trump rejects Iran's West Asia proposal

Crude oil prices climbed 3% after US President Donald Trump dismissed Iran's peace proposal, escalating tensions in West Asia and impacting global energy markets.

11 May 2026
TL;DR

India sets 90/120 day social security threshold for gig workers

Gig workers must work at least 90 days annually with one aggregator, or 120 days across multiple platforms, to qualify for social security benefits under the new CoSS rules.

11 May 2026
TL;DR

US probes claims OBON shipped $2.5B NVIDIA servers to China

US prosecutors are probing allegations of Thai firm OBON Corp smuggling Nvidia-powered Super Micro servers to China, potentially involving Alibaba amid strict export restrictions.

11 May 2026
TL;DR

Amin Nasser warns oil market could remain shaky into 2027

Saudi Aramco’s CEO Amin Nasser cautioned prolonged oil market instability due to Strait of Hormuz disruptions, as the company reported a 26% profit surge.

10 May 2026
Italy

Armani plans to sell 15% stake to these 3 companies

The Italian fashion house of legendary designer Giorgio Armani is reportedly planning to sell its 15% stake in three equal parts.

10 May 2026
Narendra Modi

Modi launches infrastructure, industrial projects worth ₹9,400cr in Telangana

Prime Minister Narendra Modi has launched infrastructure and industrial projects worth nearly ₹9,400 crore in Telangana.

10 May 2026
Air India

Why Air India fired 1,000+ employees in last 3 years

Air India has terminated more than 1,000 employees in the last three years for ethical breaches.

10 May 2026
Vodafone Idea

Vodafone Idea's stock up 22% in 1-month: What's the reason?

Vodafone Idea's share price has seen a major surge, rising as much as 22% in the last month.

10 May 2026
Hindustan Unilever Limited

FMCG products might become costlier in India soon

Fast-moving consumer goods (FMCG) companies are preparing for another round of price increases in India.

10 May 2026
Uttar Pradesh

Why flights from Noida may not be cheaper than Delhi

Passengers eyeing cheaper flights from the Noida International Airport (NIA) may have to pay fares similar to or even higher than those from Indira Gandhi International Airport (IGIA).

10 May 2026
Saudi Aramco

Saudi Aramco's Q1 net profit jumps 25% to $32.5B

Saudi Aramco, the world's largest oil exporter, has reported a whopping 25% increase in its first-quarter net profit.

10 May 2026
Indian Government

Modi government is working on FTA utilization plan

The Indian government is working on a strategy to maximize the benefits of free trade agreements (FTAs) signed with developed countries, including the UK, EU, US, UAE and Australia.

10 May 2026
Asian Development Bank

Oil prices might touch $96 per barrel in 2026: ADB

The ongoing Middle East crisis is likely to keep crude oil prices elevated for a longer period of time.

10 May 2026
State Bank of India (SBI)

Market cap of India's top 4 companies down ₹1L crore

The combined market capitalization of four out of the top 10 most valued companies in India has fallen by over ₹1 lakh crore.

10 May 2026
India

Why Fevicol maker Pidilite plans to raise prices again

Pidilite Industries, the maker of popular brands like Fevicol and M-Seal, is considering another price hike in India.

10 May 2026
Africa

Why India won't sign FTAs with African countries for now

India has decided to focus on strengthening commercial ties with customs unions in Africa, instead of signing free trade agreements (FTAs) for now.

10 May 2026
KFC

China: You can now charge your EV at KFC, McDonald's 

Leading fast-food chains KFC and McDonald's are stepping up their game in China by adding electric vehicle (EV) charging stations and upgrading digital services.

10 May 2026
NVIDIA

NVIDIA commits $40B to equity AI deals in 2026

NVIDIA, the leading chipmaker, has invested over $40 billion in artificial intelligence (AI) companies this year.

09 May 2026
India

Why is the Indian stock market underperforming?

Motilal Oswal Financial Services has said in its latest strategy report that India's underperformance against major global markets is mainly due to the global artificial intelligence (AI) rally, and not a weakness in the domestic economy.

CBI raids 17 locations linked to Anil Ambani-led Reliance companies

The Central Bureau of Investigation (CBI) has raided 17 locations in Mumbai, linked to the Anil Ambani-led Reliance ADA Group.

09 May 2026
Zerodha

Why Nithin Kamath doesn't want you to invest in ULIPs

Zerodha co-founder Nithin Kamath has warned investors against the pitfalls of Unit Linked Insurance Plans (ULIPs) and endowment policies.

09 May 2026
India

India's mining sector can generate 25M jobs by 2047

India's mining sector could add $500 billion to the economy and generate up to 25 million jobs by 2047, a report has said.

09 May 2026
Vodafone Idea

Why Vodafone Idea has joined hands with PhysicsWallah in India

Vodafone Idea (Vi) has partnered with ed-tech company PhysicsWallah (PW) to offer integrated digital learning support for students in Rajasthan and UP East circle.

09 May 2026
Indian Government

4 new labor codes in India are now fully operational

The Indian government has fully implemented four new labor codes, aimed at ensuring a minimum wage and universal social security for all workers.

2 SME IPOs to open for subscription next week

India's primary market is gearing up for a busy week, with two small and medium-sized enterprises (SME) public issues.

09 May 2026
Foreign Investment

FII ownership in Indian equities hits 14-year-low: What's the reason?

Foreign institutional investor (FII) ownership in Indian equities has fallen to its lowest level since June 2012, according to a report by JM Financial's Fundamental Research.

09 May 2026
Ola Cabs

Ola Cabs' losses in FY25 surge to ₹662.4cr

Ola Cabs, one of India's leading ride-hailing services, has reported a massive increase in its consolidated losses for the financial year 2024-25.

09 May 2026
United States of America

Frontier flight aborts takeoff after engine fire at Denver airport

A Frontier Airlines flight was forced to abort its take-off from Denver International Airport late on Friday (local time) after suffering an engine fire and reportedly hitting a pedestrian on the runway.

09 May 2026
Bitcoin

Truth Social parent reports $400M loss amid crypto value decline

Donald Trump's social media platform, Truth Social, has been hit hard by a massive financial loss.

09 May 2026
India Post

India Post to let you send letters using digital IDs

India Post is gearing up to revolutionize its delivery system with a new digital address initiative.

09 May 2026
Google

Truecaller to cut 15% workforce after revenue and profit decline

Truecaller, the Sweden-based caller ID company, has announced plans to lay off 70 employees or about 15% of its workforce.

09 May 2026
Aditya Birla Group

Vodafone explores partial stake transfer in India unit

Vodafone Group Plc, the UK-based telecom giant, is mulling a plan to bolster the capital of its Indian subsidiary, according to Bloomberg.

09 May 2026
Air India

IndiGo, Air India plan 200+ aircraft leases through GIFT City

Major Indian airlines, including IndiGo, Air India, Akasa Air, and Star Air, have announced plans to lease over 200 additional aircraft through their respective leasing arms in Gujarat's GIFT City.

09 May 2026
Airbus

India might become an aerospace manufacturing hub, says Airbus

Airbus has expressed its belief that the proposed India-European Union (EU) trade deal could significantly boost aerospace manufacturing, supply chains, and technology investments in the country.

Why liquor-giant Pernod Ricard is facing antitrust probe in India

Competition Commission of India (CCI) has launched an investigation into French liquor giant Pernod Ricard.

09 May 2026
Blinkit

SEBI clears IPOs of Zepto, 5 other firms

The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of six companies, including popular quick commerce player Zepto.

09 May 2026
Air India

Air India may suspend routes, defer salary hikes

Air India, one of the leading airlines in the country, is considering reducing flight frequencies or even suspending services on certain routes.

09 May 2026
India

Citi downgrades India to 'underweight' amid macro challenges

Citi has downgraded India's stock market rating to 'underweight,' citing persistent macroeconomic and geopolitical challenges.

09 May 2026
Bitcoin

BlackRock deepens crypto ambitions with 2 new stablecoin-linked funds

BlackRock is set to launch two new money-market funds.