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Microsoft July to September revenue up 19% Azure jumps 48%
Microsoft reported a 19% revenue increase to $92.3 billion, with CEO Satya Nadella expressing unprecedented confidence, as cloud and AI advancements fuel growth.
Australia's ASIC looks into why NVIDIA-backed Firmus's $5B IPO failed
Australia's corporate regulator is examining the failed $5 billion IPO of AI data center operator Firmus, which collapsed on October 9 due to insufficient investor support.
Samsung boosts chip investment to $63 billion after sellout
Samsung Electronics plans to increase capital expenditure by over 60% this year after selling out high-end chips for 2027, aiming to capture market share from competitors.
Spot gold slips as Fed holds rates at 3.75%-4.00%
Gold prices fell 0.7% as investors evaluated Federal Reserve signals and awaited key US inflation data, with spot gold at $4,037.98 per ounce by 0410 GMT.
Gold slips as Fed keeps rates at 3.75% to 4%
Gold prices fell as investors evaluated Federal Reserve signals, with spot gold sliding 0.7% to $4,037.98 per ounce ahead of key US inflation data.
Utah charges prediction platform Kalshi with illegal online gambling
Utah has filed criminal charges against prediction market platform Kalshi, accusing it of promoting illegal gambling, with 14 charges including a felony for unlawful activity.
India's net FDI rose 43.3% to $13.79B for April-August 2026
Net foreign direct investment (FDI) inflows into India increased by 43.3% to $13.79 billion during April-August, up from $9.62 billion in the same period last year.
Jio shares jump 5% after 21% IPO debut
Jio Platforms' shares witnessed a massive surge, jumping another 5% on Thursday.
Antala Industries opens SME IPO at ₹63-67 and seeks ₹23.33cr
Antala Industries' Rs 23.33 crore SME IPO opens today, with a price band of Rs 63–67 per share, closing on November 2, 2026.
Shapoorji Pallonji Group to reissue $200 million rupee bonds for repayment
Shapoorji Pallonji Group aims to raise $150 million to $200 million through private credit to address mounting debt obligations and repay creditors of its units.
William Lee warns AI boom driven by debt risks instability
Economist William Lee warns that AI-driven capital spending, increasingly funded through opaque private debt, poses systemic risks as interest rates are expected to rise further.
US employee engagement drops to 29% lowest since 2011
Gallup's latest poll reveals U.S. employee engagement fell to 29% in Q3 2026, marking the lowest level since 2011, with remote and hybrid workers most affected.
AI attacks steal ₹300cr from India's small NBFCs
India's non-banking financial companies (NBFCs) have suffered an estimated loss of ₹300 crore due to a spate of recent cyberattacks, as per a report by the Economic Times.
Jio Platforms jumps 5% to ₹1,482.70 after strong IPO
Jio Platforms shares jumped 5% on Day 2, following a strong debut with a 27% gain. Analysts recommend buying, citing market leadership and growth potential.
Indian stock market flat as Nifty hovers at 22,703.70
Indian stock markets opened cautiously on Thursday, with Nifty at 22,700 and Sensex trading flat amid global uncertainties and fluctuating crude oil prices.
Traders watch $11B bitcoin options expiry on Deribit Oct 30
Bitcoin traders anticipate increased volatility as $11 billion in options expire this week, coinciding with US midterm elections that could further impact crypto markets.
US Fed keeps rates unchanged after September hike
The US Federal Reserve has decided to keep its benchmark interest rate unchanged, a move that came as little surprise given the persistent inflationary pressures.
Brent $114.50, WTI $101.90 fall amid US Iran peace talks
Crude oil prices declined as potential US-Iran diplomatic engagement offered relief, despite ongoing supply risks from escalating Middle East tensions and recent Houthi attacks.
How Indians can buy US stocks via apps under LRS
Indian investors can access US stocks via apps, involving currency conversion and international brokerage. Understanding routes, costs, and risks is crucial for informed investing.
Zomato launching 'Mehmaan' mode hiding prices during group orders
Deepinder Goyal announced the rollout of Zomato's 'Mehmaan mode' after a LinkedIn user suggested hiding menu prices during group orders to avoid guest embarrassment.
Why Samsung shares crashed despite $80B profit in Q3
Samsung Electronics has posted a record operating profit of 107.4 trillion won (around $80.04 billion) for the third quarter of this year.
Zoho founder Sridhar Vembu: AI boosts output, opens new roles
Sridhar Vembu warns that AI enables one person to perform the work of ten, urging readiness for significant shifts in the job market.
Carlsberg India files IPO after SEBI nod profits up 22%
Carlsberg India Ltd has filed updated draft papers with Sebi for an IPO, offering up to 8.64 crore equity shares through an offer for sale by South Asian Breweries Pvt Ltd.
Microsoft earned $10B from OpenAI partnership
Microsoft has reported a whopping $10 billion in revenue from its commercial agreements with OpenAI for the quarter ending September 30.
Microsoft posts record revenue for 10th consecutive quarter, hits $92.3B
Microsoft has announced its latest quarterly earnings, posting a record revenue of $92.3 billion, an impressive 19% growth from the same period last year.
Gift Nifty hints 100-point drop, Indian markets likely lower
Gift Nifty at 22,660 suggests a gap down opening of about 100 points for Nifty, as Indian stock markets brace for volatility amid mixed global cues and Q2 earnings announcements.
Jensen Huang calls Germany Japan China top tech manufacturing countries
Nvidia CEO Jensen Huang identifies Germany, Japan, and China as global leaders in technology and manufacturing, excluding the US due to its export of heavy manufacturing.
Samsung posts record Q3 profit, warns of 2027 memory-chip shortage
Samsung Electronics reported a record operating profit of 107.4 trillion won, but shares fell nearly 5% as the company warned of a deepening memory chip shortage by 2027.
Coca-Cola to list Hindustan Coca-Cola Holdings in Q2 2027
Coca-Cola is progressing with its plans to list Hindustan Coca-Cola Holdings, targeting a $1 billion IPO by the second quarter of 2027.
Microsoft reveals Azure generated over $33B in quarterly revenue
Microsoft has revealed the dollar value of its cloud computing platform, Azure, for the first time.
Alphabet, Samsung report weak earnings as investors question AI spending
Technology shares fell sharply after disappointing earnings from Alphabet and Samsung, raising concerns about the sustainability of massive investments in artificial intelligence.
PNB suspends Greater Noida Accher branch staff over ₹12cr fraud
Punjab National Bank suspended all employees of its Accher branch after farmers alleged ₹12 crore was fraudulently transferred from their accounts, prompting a CBI investigation.
US oil nearly 1% lower at $101.86 amid Mideast tensions
US West Texas Intermediate crude prices dropped 0.9% to $101.86 a barrel as escalating Middle East conflicts threaten regional energy supplies and investor confidence.
Delhi gold climbs to ₹1.46L per 10g after Fed pause
Gold futures climbed to $4,073.70 per ounce, rising 0.55%, while silver increased by 0.99% to $54.195 per ounce after the US Federal Reserve kept interest rates unchanged.
Kevin Warsh says Fed may raise interest rates over inflation
Federal Reserve Chairman Kevin Warsh hinted at future interest rate increases, citing a strong economy and persistent inflation, while maintaining flexibility in policy decisions.
EPFO considers 3% of new PF deposits for SEBI-approved AIFs
The Employees Provident Fund Organisation (EPFO) plans to invest up to 3% of its annual funds in category I and II Alternate Investment Funds (AIFs) to boost returns.
Noel Tata demands clarity on ₹23,000cr Tata Sons deals
Noel Tata, chairman of Tata Trusts, has urged for detailed assessments of large investments by Tata Sons, emphasizing the need for clear business cases and risk evaluations.
Persistent Systems to raise over ₹6,000cr NCDs for Nagarro acquisition
Persistent Systems plans to raise over ₹6,000 crore through non-convertible debentures to finance its acquisition of Germany's Nagarro SE, replacing short-term bridge financing.
Samsung reports Q3 profit surge on AI memory chip demand
Samsung Electronics' third-quarter operating profit aligned with analysts' expectations, driven by increasing demand for advanced memory chips in AI applications.
Nike unveils Vegam Run, 1st running shoe designed for India
Nike has launched Vegam Run, its first running shoe designed for the Indian market, available on Flipkart from November 1, aiming to boost growth amid global challenges.
MSCI Asia Pacific up 0.3% as US Federal Reserve holds
Asian shares rose as investors evaluated tech earnings and the Federal Reserve's interest rate stance, with Japan’s Nikkei 225 and South Korea’s Kospi leading gains.
India's SEBI to relax FPI rules, Tuhin Kanta Pandey says
Sebi plans to release a consultation paper to refine compliance requirements for foreign portfolio investors, aiming to align them with global standards.
AI driven cyberattacks cost Indian NBFCs ₹300cr in 2 months
Recent AI-driven cyberattacks have led to a ₹300 crore loss for India's smaller non-banking financial companies, exploiting their weak cybersecurity infrastructure.
Indian Motorcycle hiring about 70, mostly for Spirit Lake plant
Indian Motorcycle is hiring 70 new employees, including 60 manufacturing roles in Spirit Lake, Iowa, after letting go of approximately 70 staff across various divisions.
Microsoft stock jumps after earnings as Azure grows 48%
Microsoft's stock increased over 2% in after-hours trading following a strong earnings report, but concerns linger about the company's $45.2 billion capital expenditure.
SK Hynix rally lifts AI chip stocks after strong earnings
Jim Cramer highlighted SK Hynix's impressive earnings as evidence that AI stocks can rally, citing low valuations and strong demand as key factors driving investor optimism.
Alphabet shares tumble above 10% after $9.07B negative cash flow
Alphabet's shares fell over 10% after missing profit and revenue expectations, with AI spending accelerating cash burn and resulting in negative free cash flow of $9.07 billion.
Microsoft posts $92.3B revenue, over $36.6B profit, offers 60,000 buyouts
Microsoft announced a quarterly revenue of $92.3 billion, surpassing expectations, shortly after offering voluntary buyouts to 60,000 employees to focus on AI investments.
Alphabet readies Q3 results, revenue expected at $128.2B, investors nervous
Alphabet is poised to announce its third-quarter earnings, with analysts anticipating a 25% revenue increase despite investor anxiety over rising AI-related costs.
Microsoft earned $10 billion from OpenAI in Q1 fiscal 2027
Microsoft reported $10 billion in revenue from commercial arrangements with OpenAI for the quarter ending September 30, highlighting their significant financial ties.
Microsoft and Alphabet capital spending misses rattle neocloud stocks
Shares of CoreWeave and other neoclouds fell after Microsoft's capital expenditures missed analyst expectations, signaling potential delays in data center capacity delivery.
Microsoft up 2% after-hours as Alphabet falls 9% on $9.07B
Alphabet shares dropped 9% due to negative cash flow, while Microsoft rose 2% on strong earnings. Chipotle gained over 5%, but ServiceNow and Fortinet saw significant declines.
Microsoft Q1 FY2027: $92.3B revenue and $33.6B net, Azure-led
Microsoft's Q1 2027 results highlight a 30% year-over-year increase in cloud revenue, driven by Azure and Microsoft 365, as the company revamps its financial reporting structure.
Alphabet posts 25% revenue jump to $127.6 billion, Q3 2026
Alphabet reported $127.6 billion in revenue for Q3 2026, marking a 25% increase from the previous year, driven by strong growth in AI and cloud services.
US Federal Reserve holds rates at 3.75% to 4.00%
US Federal Reserve Chairman Kevin Warsh stated that politics did not influence the decision to hold interest rates steady ahead of the midterm elections.
Kevin Warsh: US economy strong, AI investment rising, Fed holds
Federal Reserve Chairman Kevin Warsh stated that the US economy is not overheating despite increased demand from AI investments, maintaining steady interest rates.
Anthropic files for IPO as Polymarket and Kalshi see surge
Prediction markets are buzzing with activity as traders place binary bets on Anthropic's IPO valuation and listing venue, following the company's recent filing.
US FTC probes Walmart, Uber, Target over personal data pricing
The FTC is demanding data from Walmart, Uber, Target, and others to examine how they use personal data for personalized pricing and wage setting.
Vedanta cuts ₹4,624cr debt while profit jumps 151% to ₹6,202cr
Vedanta reduced its debt by ₹4,624 crore in the September quarter, while net profit soared by 151%, reflecting strong financial performance and strategic debt management.
CFTC Chair Mike Selig says AI could reshape financial markets
CFTC Chairman Mike Selig highlights the regulatory challenges posed by AI in trading while envisioning its potential to revolutionize financial markets through increased autonomy.
Amazon announces about 250 layoffs in devices and services division
Amazon has confirmed cutting 250 jobs in its devices division, following the elimination of 1,000 positions in its core retail sector earlier this month.
AI to remake accounting as PE reshapes firm ownership
AI is set to end hourly billing at accounting firms, while private equity reshapes ownership, says Eisner Advisory CEO Charles Weinstein, signaling a major shift in the industry.
Modi government approves ₹1,856cr scheme to boost sports goods manufacturing
The Union Cabinet, led by Prime Minister Narendra Modi, has approved a ₹1,856 crore scheme to boost sports goods manufacturing in India.
Maharashtra will become $1T economy by 2030, says Devendra Fadnavis
Maharashtra is poised to become a $1 trillion economy by 2030, Chief Minister Devendra Fadnavis said today.
Piyush Goyal's speech on Indian work culture slammed by netizens
Union Commerce Minister Piyush Goyal's recent remarks at the India-Netherlands Business Forum have drawn widespread criticism on social media.
Ixigo co-founder announces ₹1cr fund to back IIT Kanpur graduates
Rajnish Kumar, co-founder and group Co-CEO of ixigo, has launched a ₹1 crore fund to support graduating students from the Indian Institute of Technology (IIT) Kanpur.
Vedanta's Q2 profit jumps 78% to ₹6,202cr
Vedanta Limited has reported a 78% year-on-year (YoY) surge in its consolidated net profit for the September quarter.
Jio joins Meta and Alibaba in $100B IPO club
Jio Platforms has joined an elite club of founder-led companies with a market capitalization of over $100 billion at the time of their initial public offering (IPO).
Noel Tata to retire from boards of 6 Tata companies
Noel Tata, the chairman of Tata Trusts, will retire from the boards of six major Tata Group companies on November 12.
Anthropic IPO: How Indians can invest in Claude maker
Anthropic, the artificial intelligence (AI) start-up behind the popular chatbot Claude, is gearing up for its initial public offering (IPO) on Nasdaq.
India's industrial growth slows to 6.7% in September
India's Index of Industrial Production (IIP) for September has grown at a rate of 6.7%, down from August's 8%.
Adani Enterprises Q2 results: Profit down 55% YoY to ₹1,492cr
Adani Enterprises has reported a sharp decline in its consolidated net profit for the second quarter of FY27.
Anthropic sued for illegally training Claude on Stanford professors' works
Anthropic, a leading player in the artificial intelligence (AI) space, has been accused of illegally using the works of over 10 Stanford University professors to train its Claude models.
Modi government to approve ₹10,000cr scheme for making shipping containers
The Union Cabinet is likely to approve the ₹10,000 crore Container Manufacturing Assistance Scheme (CMAS).
DA for Indian government employees hiked by 3%
The Indian government has announced a hike in the dearness allowance (DA) for its employees.
India and Mexico to start negotiations for preferential trade agreement
India and Mexico have signed the terms of reference for a preferential trade agreement (PTA) today.
Reliance overtakes Tata as India's most valuable group
Reliance Group has become India's largest conglomerate by market capitalization, after its subsidiary Jio Platforms debuted on the stock exchange.
Jio shares list at 21% premium: Buy, sell or hold?
Jio Platforms made a strong debut on the stock market on Wednesday. The company's shares were listed at ₹1,359 on both BSE and NSE, a 21.36% premium over its IPO price of ₹1,119 per share.
Sensex falls over 800 points, Nifty below 22,600 mark
India's benchmark indices opened lower on Wednesday, with the Sensex and Nifty falling by as much as 1%. The fall is mainly attributed to rising crude prices and other global factors.
SK Hynix Q3 profit surges 632% to record $63B
South Korean chipmaker SK Hynix has reported a stellar performance in the third quarter of 2026.
OPEC+ likely to maintain oil output targets for December
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are likely to maintain their December oil production targets.
Greater Noida's upcoming AI, robotics park to create 1L jobs
The Uttar Pradesh government has announced plans to set up a state-of-the-art robotics and artificial intelligence (AI) park in Greater Noida.
Maruti Suzuki Q2 profit tanks 26% to ₹2,466cr
Maruti Suzuki India has reported a 26.4% year-on-year decline in its consolidated net profit for the second fiscal quarter.
Kylian Mbappe loses Chinese sponsorships over alleged Mao joke
French football star Kylian Mbappe has lost several sponsorship deals with major Chinese brands.
Jio, Airtel lead India's 7.2M telecom subscriber additions
India's telecom market witnessed a significant surge in subscribers last month, according to data released by the Telecom Regulatory Authority of India(TRAI).
E20 controversy 'paid campaign': Gadkari after Centre clears E100 pathway
Union Road Transport Minister Nitin Gadkari has dismissed the controversy over 20% ethanol-blended petrol, also known as E20 fuel, calling it a "paid campaign."
iPhone demand cools in India as festive sales fall 30%
Apple's iPhone has witnessed a significant drop in sales during the festive season, with reports suggesting a decline of up to 30%.
New ₹1,000 banknote with a temple image is fake
A new ₹1,000 currency note with a temple image has been doing the rounds on social media.
Why some PNB accounts will be closed after November 10
Punjab National Bank (PNB) has announced its decision to shut down certain accounts after November 10.
ByteDance founder Zhang Yiming is China's richest person again
Zhang Yiming, the founder of ByteDance, has reclaimed the top spot on China's rich list.
Investment giant Blackstone opens new global capability center in Bengaluru
US-based alternative asset manager Blackstone has opened its second office in India.
Oil slips below $115 as Saudi and Iran discuss de-escalation
Crude oil prices continued their downward trend on Tuesday, with the global benchmark Brent Crude trading at $114.94 per barrel, a 0.73% decline.
Anthropic flags 'catastrophic risks' from AI ahead of major IPO
Anthropic has warned that advanced AI systems could pose "catastrophic or existential risks to humanity." The warning comes as the firm prepares for its upcoming stock market listing in the US.
Trade deals unlocking 76% of global GDP for India: Goyal
Commerce and Industry Minister Piyush Goyal has said that India's growing network of trade agreements could significantly boost economic growth, attract investments, and create jobs.
You can now open an NPS account on PhonePe
PhonePe has unveiled a new feature called Tatkal NPS.
DoorDash might buy grocery delivery platform Instacart for around $17B
Food delivery giant DoorDash is said to be in advanced talks to acquire grocery delivery platform Instacart.
Netflix hires former Apple executive to boost podcast catalog
Netflix has hired Steve Wilson, a former Apple Podcasts executive, to lead its podcast content acquisition.
L&T bags contracts for Dhaka metro worth ₹5,000-10,000cr
Larsen & Toubro (L&T) has bagged design-and-build contracts worth ₹5,000 crore to ₹10,000 crore for Bangladesh's first underground metro project.
Jio shares to list tomorrow: What current GMP indicates
Jio Platforms, the telecom and digital services arm of Reliance Industries, is all set to make its stock market debut on Wednesday.
Meta plans $95B stock sale to fund AI ambitions
Meta Platforms has announced plans to raise a whopping $95 billion in capital, primarily for its artificial intelligence (AI) infrastructure and superintelligence projects.
Anthropic's IPO numbers reveal AI's staggering growth and costs
Anthropic, the artificial intelligence (AI) lab behind the Claude chatbot, has filed papers for an initial public offering (IPO) on Wall Street next month.
Anup Bagchi takes charge as HDFC Bank CEO
Anup Bagchi has officially taken over as the Managing Director and Chief Executive Officer (MD & CEO) of HDFC Bank. He succeeds Sashidhar Jagdishan, whose tenure ended on October 26.
Skydance initiates voluntary exits ahead of layoffs, mandates 5-day-office workweek
Skydance, the media and entertainment company, has announced a voluntary buyout program for select employees.
Microsoft offers voluntary exit option to around 60,000 employees
Microsoft has offered a voluntary exit option to its employees as a way to streamline its workforce.
Anthropic files for what could be world's biggest IPO ever
Anthropic, the US-based company behind the Claude chatbot, has filed for an initial public offering (IPO).
Why Meta is selling stocks worth almost $35B
Meta Platforms has launched a public offering of nearly $35 billion in common and convertible preferred stocks.
Not just Europeans, Indian pilots are also flying severely fatigued
A recent survey by the European Cockpit Association has revealed that 24% of pilots in Europe have flown while severely fatigued.
Modi government might overhaul LTCG tax on equities soon
The Indian government is likely to take a decision on restructuring the long-term capital gains (LTCG) tax on equities in the coming weeks, as per Moneycontrol.
Pronto founder launches AI start-up Provision Labs in US
Anjali Sardana, the visionary behind home services start-up Pronto, has launched a new artificial intelligence (AI) venture called Provision Labs in the US.
Tata Steel's presence in Netherlands reflects India's industrial footprint: Goyal
Union Commerce and Industry Minister Piyush Goyal has highlighted the growing global presence of Indian businesses.
This green energy firm is planning $394M IPO in India
Sembcorp Industries Ltd, a Singapore-based firm backed by Temasek Holdings, is planning an initial public offering (IPO) for its Indian subsidiary, Sembcorp Green Infra Ltd.
Modi government will use AI to detect fraudulent investor claims
The Indian government is gearing up to use artificial intelligence (AI) technology to detect fraudulent claims made by investors for unclaimed shares, dividends, and matured deposits.
Sensex up 330 points from today's low: What's the reason?
The benchmark indices, Sensex and Nifty, have staged a strong recovery after an early morning slump today.
New LPG rules from November: What consumers need to know
From November 1, new rules for LPG cylinder bookings will come into effect.
Coca-Cola's Indian bottling arm to file IPO papers this week
Hindustan Coca-Cola Holdings (HCCH), the Indian bottling arm of The Coca-Cola Company, is likely to file its draft red herring prospectus (DRHP) with the market regulator this week, according to Moneycontrol.
Central Bank says all accounts safe after ₹14cr fraud reports
The Central Bank of India has assured its customers that their accounts are safe, following reports of unauthorized transactions worth ₹13.97 crore.
India's 1st cooperative sector airline to come up in Kerala
The Kerala government has approved the establishment of an airline by the cooperative sector, Chief Minister V D Satheesan has announced.
Record-breaking IPO of Jio Platforms not lucrative enough for bankers
Jio Platforms, the digital and telecom giant owned by billionaire Mukesh Ambani, has raised a record amount of funds through its initial public offering (IPO).
GST changes from November 1: How they will affect businesses
The Goods and Services Tax (GST) system is all set to witness compliance-related changes from November 1, 2026.
Anthropic sued for using Elvis Presley's music to train AI
Authentic Brands Group, the licensing organization that owns both Elvis Presley's music and likeness, is suing artificial intelligence (AI) company Anthropic.