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Business News

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

04 Aug 2026
TL;DR

Income Tax Department issues FAQs to clarify 2026 amendment bill

The Income Tax Department released FAQs simplifying key provisions of the Taxation and Other Laws (Amendment) Bill, 2026, aimed at enhancing policy clarity and easing compliance.

04 Aug 2026
TL;DR

Indian government bond yields dip ahead of RBI policy update

Indian government bonds edged higher as traders positioned ahead of the RBI's policy decision, while rising oil prices capped gains and kept overall sentiment cautious.

04 Aug 2026
TL;DR

HDFC Bank AGM looms, Atanu Chakraborty's resignation citing ethical concerns

HDFC Bank's 32nd Annual General Meeting on July 5 will address significant agenda items, including appointing Rajiv Kumar as the new non-executive chairman.

04 Aug 2026
TL;DR

Government 6.5% stake in LIC draws ₹36,400cr bids day 1

Institutional investors bid Rs 36,400 crore for LIC's 6.5% stake sale, surpassing the offer size. The two-day OFS aims to meet Sebi's public shareholding norms ahead of schedule.

04 Aug 2026
TL;DR

SpaceX to release 1st public earnings report amid lock up

SpaceX will release its first earnings report as a public company on August 4, with investors eyeing Starlink growth and AI monetization amid stock volatility.

04 Aug 2026
TL;DR

Emami posts 15% profit fall to 138.94cr amid 1,039.21cr revenue

Emami Ltd reported a 15% year-on-year decline in consolidated net profit to Rs 138.94 crore for Q1 FY26, impacted by elevated input costs and geopolitical disruptions.

04 Aug 2026
TL;DR

Y Combinator backed LemonLime faces backlash over tattoo interview offer

Seven attendees at a San Francisco event got tattoos for job interviews with AI startup LemonLime, prompting criticism and an apology from its co-founder.

04 Aug 2026
TL;DR

Unitree Technology set for Shanghai IPO valued over ¥50 billion

Unitree Technology is projected to exceed a $7.4 billion valuation after its Shanghai IPO, aiming to raise 4.2 billion yuan for innovation and production expansion.

04 Aug 2026
TL;DR

PVR INOX set to open SMART Cinemas in Muzaffarpur Bihar

PVR INOX introduces SMART Cinemas, a franchise model targeting tier-III cities, starting with Muzaffarpur, Bihar, to deliver premium cinema experiences in emerging markets.

04 Aug 2026
TL;DR

IMF predicts $5.1tn India by 2028-29, FM Sitharaman highlights plan

India's GDP is projected to surpass USD 5 trillion by FY29, driven by a broad-based growth strategy focusing on agriculture, manufacturing, infrastructure, and MSME support.

04 Aug 2026
TL;DR

Pidilite Industries posts 27.7% standalone profit of ₹830cr April-June 2026

Pidilite Industries posted a 27.7% rise in standalone PAT to ₹830 crore, with revenue growing 22.2% year-on-year to ₹4,237 crore, driven by volume growth and price hikes.

04 Aug 2026
TL;DR

Spotify forecasts €670 million Q3 operating income, shares slip premarket

Spotify projected a weaker third-quarter profit as user growth slowed in key markets like North America and Europe, causing shares to drop nearly 4% premarket.

04 Aug 2026
TL;DR

Bharti Airtel Q1FY27 net profit up 37% to ₹8,167cr

Bharti Airtel reported a 37% rise in net profit to Rs 8,167 crore and an 18% increase in revenue to Rs 58,539 crore for Q1FY27, driven by robust performance across segments.

04 Aug 2026
TL;DR

Marico Q1 net profit jumps 27% to 652cr, beats estimates

Marico reported a 27% jump in net profit to ₹652 crore for the June quarter, surpassing estimates, as revenue grew 23% year-on-year and operating margins expanded.

04 Aug 2026
TL;DR

US FDA clears Zydus Lifesciences Indocyanine Green injection, CGT eligible

Zydus Lifesciences has received USFDA approval for Indocyanine Green, a surgical imaging agent, with a 180-day market exclusivity, targeting the $125.8 million US market.

04 Aug 2026
TL;DR

Nykaa Q1 FY27 profits triple to ₹79.76cr, revenue up 29%

Nykaa reported a 3.2x YoY profit surge to Rs 79.76 crore in Q1 FY27, with revenue from operations rising 29 percent YoY to Rs 2,782 crore.

04 Aug 2026
TL;DR

Spotify forecasts €670 million Q3 profit, rolling out AI tools

Spotify projected third-quarter operating income of €670 million, falling short of Wall Street estimates, as slowing user growth in Europe and North America impacts performance.

04 Aug 2026
TL;DR

India's SEZ exports rise 11.8% to ₹16,36,192 cr

India's exports from special economic zones rose by 11.8% year-on-year to USD 185.28 billion in 2025-26, with Gujarat leading the export achievements among states.

04 Aug 2026
TL;DR

SEBI plans MF-only PMS with ₹25L minimum investment requirement

SEBI's proposed MF-only PMS category introduces discretionary portfolio management for mutual funds, adding a new fee layer while retaining existing fund expenses.

04 Aug 2026
TL;DR

Hashdex plans liquidation of DEFI US spot Bitcoin ETF

Hashdex will liquidate its $14.7M spot bitcoin ETF, marking the first U.S. closure as dwindling inflows reflect investors shifting focus to AI-driven opportunities.

04 Aug 2026
TL;DR

India told Parliament it faces 9 WTO complaints, spent ₹2.43cr

India faces nine pending trade disputes at the WTO, involving countries like Japan, Brazil, and China, covering sectors such as steel, sugar, ICT tariffs, and PLI schemes.

04 Aug 2026
TL;DR

BitGo CEO challenges Anthropic to hack $6.3 million bitcoin wallet

BitGo CEO Mike Belshe dared Anthropic's Claude AI to breach a $6.3 million Bitcoin wallet, testing its capabilities against robust multi-signature security architecture.

04 Aug 2026
TL;DR

SEBI launches GARUDA, cuts AIF approvals to 10 working days

SEBI's new GARUDA framework reduces Alternative Investment Fund (AIF) scheme launch timelines to 10 working days, enhancing efficiency for fund managers and investors.

04 Aug 2026
TL;DR

Bending Spoons agrees to buy Airtable for $1.285B in cash

Bending Spoons has announced its first post-IPO acquisition, purchasing U.S.-based software firm Airtable in an all-cash deal valued at $1.285 billion to expand its tech portfolio.

04 Aug 2026
NASDAQ

Bending Spoons buys Airtable in $1.3B deal

Italian tech company Bending Spoons has announced its first acquisition since going public on NASDAQ last month.

04 Aug 2026
TL;DR

India data center capacity expected 2.8-3 GW by 2030

India's data centre industry holds significant potential, but execution hurdles like power connectivity and equipment delays may slow capacity growth to 2.8-3 GW by 2030.

04 Aug 2026
TL;DR

Finance Minister Nirmala Sitharaman tables taxation bill in Lok Sabha

Union Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing free notified digital payments and tax reforms across industries.

04 Aug 2026
TL;DR

Bengaluru startup Simplismart to raise nearly ₹97cr in Series B

Generative AI startup Simplismart is raising $9 million in a Series B round led by Dallas Venture Capital, with participation from Accel India and others.

04 Aug 2026
TL;DR

Bitcoin holds near $63,500 after upbeat US data, Ethereum struggles

Bitcoin nears $64,000 as stronger US manufacturing data boosts investor confidence, though weak spot demand and inconsistent ETF flows continue to cap broader market gains.

04 Aug 2026
TL;DR

Mohalla Tech plans up to ₹100cr for AI micro-dramas 2026

Mohalla Tech plans to invest Rs 100 crore by 2026 to scale AI-generated micro-drama production, aiming to reduce costs by 70% and expand content offerings across its platforms.

04 Aug 2026
TL;DR

Top 4 PSBs attract nearly $21bn FCNR-B after RBI incentives

Public sector banks outpaced private lenders in FCNR-B deposit mobilisation, with top PSBs amassing $21 billion compared to $18.5 billion by leading private banks.

04 Aug 2026
TL;DR

Dr. Reddy's Laboratories launches generic sugammadex in US for surgery

Dr Reddy's Laboratories has introduced the generic Sugammadex injection in the US, expanding its hospital portfolio and enhancing access to affordable surgical medicines.

04 Aug 2026
TL;DR

ITAT Chennai cancels ₹1.92L penalty, experts say taxpayers remain liable

Taxpayers are legally accountable for their income tax returns, even if errors arise from their consultant's mistakes, as highlighted by a recent ITAT Chennai ruling.

04 Aug 2026
TL;DR

EPFO reminds members to check DOJ and DOE details

EPFO has cautioned members to review and correct their Date of Joining and Exit details, as inaccuracies could delay PF claims, transfers, and pension benefits processing.

04 Aug 2026
TL;DR

BP posts 148% Q1 profits at $5.7bn after Iran conflict

BP's quarterly profits surged to $5.7bn, more than doubling from last year, as the Iran war disrupted global oil supply and drove up fossil fuel prices.

04 Aug 2026
TL;DR

SOX in bear territory as chip stocks lose $1 trillion

Semiconductor stocks face a sharp selloff, erasing over $1 trillion in market value, as concerns over an AI bubble and China's chipmaking advancements weigh heavily on the sector.

04 Aug 2026
TL;DR

Deloitte India-FICCI urges tighter AI rules for FMCG retail e-commerce

India’s consumer sector faces growing challenges as AI adoption expands in pricing, advertising, and influencer marketing, highlighting the need for robust governance frameworks.

04 Aug 2026
TL;DR

Toyota raises ¥3.4T operating profit forecast and unveils $6.3B buyback

Toyota announced a ¥1 trillion ($6.3 billion) share buyback and raised its annual profit outlook by over 10%, driven by strong hybrid demand and a weaker yen.

04 Aug 2026
TL;DR

India halts LIC stake sales for 2 to 3 years

The government has assured no additional stake sale in LIC for 2-3 years, as it launches a 2.5% equity offer with a 4% green shoe option.

04 Aug 2026
TL;DR

Sensex up over 0.60% while Nifty falls after SEBI cas

On Tuesday, 4 August, Sensex rose 0.60% while Nifty 50 dropped over 1%, driven by the new Closing Auction Session mechanism introduced to enhance end-of-day price discovery.

04 Aug 2026
TL;DR

Markets pause after 4-day rally as Sensex and Nifty slip

Sensex dropped 750 points from its day's high, while Nifty fell below 24,500 due to profit booking and sectoral weakness, with IT and banking indices leading the decline.

04 Aug 2026
TL;DR

Indian chip startups design impressive chips but struggle to commercialize

Indian semiconductor startups are achieving design milestones like tape-outs, but the real test lies in converting these achievements into revenue by securing paying customers.

04 Aug 2026
TL;DR

SoftBank Group earnings due amid record net profit, $30B obligations

SoftBank's ambitious $60 billion investment in OpenAI faces mounting investor concerns over rising debt and funding challenges, as analysts await its first-quarter earnings report.

04 Aug 2026
TL;DR

Dario Amodei urges mission focus over big AI paychecks

Anthropic CEO Dario Amodei opposes the escalating competition for AI researchers driven by massive salaries, as Meta and others intensify their hiring sprees.

04 Aug 2026
TL;DR

EPFO e-office app offline Wednesday August 5 for NIC upgrades

The EPFO e-Office app will be unavailable on August 5, 2026, from 6:00 PM to 9:30 PM due to scheduled system upgrades by the NIC e-Office team.

04 Aug 2026
TL;DR

Unity Small Finance Bank introduces tiered savings and FD rates

Unity Small Finance Bank has increased savings account interest rates to up to 7% annually and fixed deposit rates to up to 8.5% for senior citizens.

04 Aug 2026
TL;DR

JioBlackRock launches 1st ETF tracking Nifty 50 for Indian investors

JioBlackRock Asset Management debuts in India's ETF market with the JioBlackRock Nifty 50 ETF, offering investors exposure to the top 50 companies on the Nifty 50 Index.

04 Aug 2026
TL;DR

Incoming CEO John Ternus hires retired Laura Legros as VP

Incoming Apple CEO John Ternus has rehired retired hardware executive Laura Legros to join his management team, signaling his intent to reshape the company’s leadership structure.

04 Aug 2026
TL;DR

Saudi Aramco posts 33% Q2 profit rise to $33.4 billion

Saudi Aramco's Q2 profit soared 33% to $33.4 billion, fueled by war-driven oil price spikes and strategic export rerouting via the Red Sea amid Strait of Hormuz disruptions.

04 Aug 2026
Nifty

JioBlackRock enters ETF market with Nifty 50 fund

JioBlackRock Asset Management, a partnership between Jio Financial Services and BlackRock, has launched its first exchange-traded fund (ETF) in India.

04 Aug 2026
TL;DR

Indian IT firms pivot to $1 million-$20 million short-term contracts amid AI

India's IT sector is focusing on short-cycle projects as AI reshapes traditional work, addressing slow revenue realization and cautious client spending.

04 Aug 2026
Evan Spiegel

Snap shares surge after Q2 revenue beats expectations

Snap Inc has reported better-than-expected revenue and earnings for the second quarter. The company's stock jumped nearly 8% in extended trading following the news.

04 Aug 2026
Indian Government

India to overhaul tax framework to boost manufacturing, foreign investment

The Indian government is planning a major overhaul of its tax framework, with the aim of boosting manufacturing and attracting foreign investment.

04 Aug 2026
Boeing

FAA certifies Boeing 737 MAX 7 after years of scrutiny

Boeing's 737 MAX 7, the smallest variant of its best-selling aircraft family, has been certified by the US Federal Aviation Administration (FAA).

04 Aug 2026
TL;DR

India seeks parliamentary approval: tax reforms to attract foreign funds

India plans tax exemptions for foreign investors and manufacturers, aiming to boost local production and attract global funds amidst economic challenges.

04 Aug 2026
TL;DR

SAMHI Hotels posts 29.6% profit rise ₹24.9cr as shares fall

SAMHI Hotels reported a 29.6% rise in Q1 FY27 net profit to ₹24.9 crore, while its stock fell 2.6% on the NSE to ₹176.26 amid mixed market sentiment.

04 Aug 2026
TL;DR

Infosys deploys Finacle Wealth platform at HDFC Bank modernizing investments

Infosys Finacle has implemented its Wealth Management Solution at HDFC Bank, replacing manual legacy systems with an advanced API-driven platform for seamless operations.

04 Aug 2026
TL;DR

Sussex businessman Zoli Rutter lost £14,244 from Claude credit purchases

A Sussex businessman lost over £14,000 in a scam involving AI chatbot Claude. Despite alerting Metro Bank, fraudulent transactions continued before his card was fully blocked.

04 Aug 2026
TL;DR

Adani Infra buys 1.03% AGEL stake for ₹2,380cr, stake 2.34%

Adani Infra (India) Ltd purchased a 1.03% stake in Adani Green Energy Ltd for ₹2,380 crore, increasing its shareholding to 2.34%, while Ardour Investment Holding reduced its stake.

04 Aug 2026
TL;DR

South Korea KOSPI falls 1.9% on AI and chip worries

South Korean stocks fell nearly 2% on Tuesday, driven by concerns over unsustainable AI-related spending and heavy selling in semiconductor shares despite easing inflation.

04 Aug 2026
TL;DR

Bitcoin rebounds near $64,000 in Asian trading amid Coldcard sweeps

Bitcoin rebounded to nearly $64,000 in Asian trading, recovering from Monday's dip, as traders shrugged off unresolved Coldcard wallet sweeps draining hundreds of bitcoin.

04 Aug 2026
TL;DR

Anthropic and OpenAI IPOs pose reality check for AI ecosystem

The public listings of Anthropic and OpenAI will serve as a reality check for the AI ecosystem, highlighting early market judgments on winners and losers in the sector.

LIC shares crash 9% after Centre's discounted stake sale

Shares of Life Insurance Corporation of India (LIC) have witnessed a massive sell-off on Tuesday, with a decline of nearly 9%.

04 Aug 2026
TL;DR

Superleap raises ₹36cr from Peak XV Partners for AI CRM

Enterprise AI CRM startup Superleap raised Rs 36 crore from Peak XV Partners to enhance AI capabilities and expand its domestic and international market presence.

04 Aug 2026
TL;DR

Dormant since 2013 wallet moves 500 bitcoin amid Coldcard hack

A 2013-dormant bitcoin wallet moved $31 million amid a Coldcard wallet security crisis, as on-chain data reveals a surge in decade-old coin movements.

04 Aug 2026
TL;DR

Larsen & Toubro secures over ₹15,000cr ADNOC Offshore contract

L&T Energy Hydrocarbon Offshore has won an ultramega ₹15,000 crore EPCIC project from ADNOC Offshore in the Middle East, showcasing its expertise in complex offshore developments.

04 Aug 2026
TL;DR

Zoho founder Sridhar Vembu backs deep tech over India's UBI

Zoho founder Sridhar Vembu opposes universal basic income, advocating for deep tech development to boost income levels for teachers, farmers, and other non-tech occupations.

04 Aug 2026
TL;DR

Ather Energy shares jump 18% after Q1FY27 loss narrows

Ather Energy shares soared 18%, reaching ₹1,500, after reporting a narrowed Q1FY27 net loss of ₹51.1 crore and strong EV demand driving robust bookings and enquiries.

04 Aug 2026
TL;DR

Government discounted LIC stake sale knocks shares to ₹400.25

LIC shares fell nearly 9% after the government announced a discounted stake sale, setting the floor price at Rs 382, significantly below Monday's closing market price.

04 Aug 2026
E-commerce

Dabur banned from selling food products with '100 percent' claims

The Food Safety and Standards Authority of India (FSSAI) has banned Dabur India Ltd from selling a range of food products carrying "100 percent" claims.

04 Aug 2026
TL;DR

India corporate hiring up 5% year-over-year as AI jumps 33%

Hiring for AI and machine learning roles in India surged by 33% year-on-year in July, solidifying their position as the fastest-growing segments in the corporate job market.

04 Aug 2026
TL;DR

India's 10-year bond yield steady at 6.8380% before RBI meeting

Indian bonds opened flat on August 4, with the benchmark 10-year yield at 6.838%. Traders await the RBI's policy review for inflation cues amid geopolitical tensions.

04 Aug 2026
TL;DR

India's Sensex above 78,800 as Nifty50 slips, small caps up

The Indian stock market opened mixed on Tuesday, with the Sensex gaining over 100 points while the Nifty50 dropped near 24,600 amid volatility from the new Closing Auction Session.

04 Aug 2026
TL;DR

Reserve Bank of India drives $43 billion overseas by 2026

Indian banks are aggressively raising offshore dollar funds to attract diaspora deposits, fueling a record surge in loan and bond markets by 2026.

04 Aug 2026
TL;DR

Rupee opens at ₹95.33 per US dollar amid importer demand

The rupee opened nearly unchanged at 95.33/$ amid cautious global cues, with geopolitical tensions and crude oil prices influencing its trajectory against the US dollar.

04 Aug 2026
TL;DR

Bain Capital in talks to buy Cello World majority stake

Bain Capital is in advanced discussions to acquire a controlling stake in Cello World, valued at over ₹3,000 crore, as India's consumerware market sees steady growth.

04 Aug 2026
TL;DR

US plans fees for extending H-1B and L-1 visas

The US government under the Trump administration plans to expand additional visa fees to H-1B and L-1 extension applications, significantly raising employer costs.

04 Aug 2026
TL;DR

KEI Industries posts 40% Q1 profit jump, stock up 29%

KEI Industries reported a 40% jump in Q1 profit, driving a 29% share price increase over the past year and boosting investor confidence in its growth potential.

04 Aug 2026
TL;DR

South Korea inflation at 2.8% in July, 0.2% monthly drop

South Korea's inflation slowed to 2.8% in July, driven by falling fuel prices. However, rising core inflation and geopolitical risks may sustain upward price pressures.

04 Aug 2026
TL;DR

Oil prices recover modestly with Brent $84.39 and WTI $80.95

Oil prices edged higher after a sharp drop, as uncertainty looms over potential U.S.-Iran negotiations to resolve their conflict and stabilize the critical Strait of Hormuz.

04 Aug 2026
TL;DR

Kily raises ₹30cr led by Sorin Investments for AI expansion

Enterprise AI startup Kily has raised Rs 30 crore in a round led by Sorin Investments. The funds will enhance its AI platform and boost adoption among consumer brands.

04 Aug 2026
TL;DR

Dhoot Transmission set for IPO opening August 10-12 priced ₹829-871

Dhoot Transmission has announced its IPO price band at ₹829-871 per share, aiming to raise ₹3,066.89 crore. The subscription opens on August 10 and closes on August 12.

04 Aug 2026
TL;DR

Asian stocks rise as US tech rally lifts regional markets

Asian shares advanced, mirroring Wall Street's tech-driven rally, while the yen stabilized post-intervention and oil prices dipped amid easing Middle East tensions.

04 Aug 2026
TL;DR

Anuj Rathi and Prashant Parashar launch Profound AI assistants platform

Former Swiggy SVP Anuj Rathi and Zomato CTO Prashant Parashar have launched Profound, an AI platform that raised $1.5 million from Stellaris and 3one4 Capital.

04 Aug 2026
TL;DR

India's richest families boost deep tech with $467.1 million investments

India's family offices are driving a surge in deeptech investments, leveraging patient capital to support startups in space, AI, semiconductors, and defence technologies.

04 Aug 2026
TL;DR

HCL Technologies reorganizes by industry, keeps FY27 revenue growth target

HCLTech has reorganized its operations around industry verticals, aiming to enhance domain expertise as AI transforms client demands and sales strategies.

04 Aug 2026
TL;DR

Indian IT companies tie earnings to client outcomes amid AI

Mid-tier IT firms are driving the shift to outcome-based pricing, leveraging AI-driven solutions to deliver measurable value, while tier-1 players face adaptation challenges.

04 Aug 2026
TL;DR

Dow jumps almost 700 points as AI and tech surge

The Dow Jones soared nearly 700 points on Monday, driven by strong macroeconomic data, cooling oil prices, and easing bond yields, marking a record closing high for the index.

04 Aug 2026
TL;DR

Palantir Q2 2026 revenue jumps 93% to $1.94 billion

Palantir reported a staggering 93% year-over-year revenue growth to $1.94bn in Q2 2026, surpassing Wall Street’s $1.8bn forecast and driving a 10% surge in share prices.

04 Aug 2026
TL;DR

JPMorgan Chase launches $750B initiative to target 1 million affordable homes

JPMorgan Chase announced a $750 billion investment through 2035 to support affordable housing, aiming to help 500,000 Americans, including 200,000 first-time buyers.

04 Aug 2026
TL;DR

Indian government plans to reintroduce MDR on UPI above ₹2,000

Proposed amendments to the Payment and Settlement Systems Act may reintroduce merchant discount rates for UPI transactions, targeting large merchants and payments exceeding ₹2,000.

04 Aug 2026
TL;DR

DesignArena raises $7.9 million seed funding led by Index Ventures

Intelligence, the company behind DesignArena, raised $7.9 million in a seed round led by Index Ventures to enhance AI models with scalable human feedback for better design outputs.

04 Aug 2026
TL;DR

PepsiCo India removes 'energy' from Sting packaging after FSSAI statement

PepsiCo India has removed the term 'energy' from Sting packaging to comply with FSSAI's new regulations, as rivals seek deadline extensions amidst market disruptions.

04 Aug 2026
TL;DR

GPTZero flags 4 PwC Middle East reports for fake citations

PwC faced backlash after publishing AI-focused reports riddled with fabricated claims and hallucinated citations, undermining its credibility as a leading consulting firm.

04 Aug 2026
TL;DR

Citadel Securities says AI chip spending may fuel $500B debt

Citadel Securities forecasts over $500 billion in new debt by 2028 to fund AI chip production, potentially reshaping the investment-grade credit market.

03 Aug 2026
Union Budget

Finance Ministry approves raising EPF wage ceiling to ₹25,000

The Finance Ministry has approved a proposal to raise the wage ceiling for mandatory coverage under the Employees' Provident Fund (EPF) and Employees' Pension Scheme (EPS) to ₹25,000 per month.

Can't find old PF account? EPFO's new feature can help

The Employees' Provident Fund Organisation (EPFO) has launched a new "Service History" feature to help members keep track of their employment records.

03 Aug 2026
Australia

Australia increases levy on Big Tech over local news deals

Australia has increased the rate of a planned levy on tech giants, including Meta, Google, and TikTok.

Spinny converts into public company ahead of planned IPO

Spinny, a leading player in the used car retailing space, has taken a major step toward its planned initial public offering (IPO).

03 Aug 2026
NVIDIA

Sarvam AI nears ₹700cr funding led by NVIDIA

Indian AI start-up Sarvam is gearing up to raise $74 million (around ₹700 crore) in an extension of its Series B funding round.

03 Aug 2026
Blinkit

Zepto's shares take a hit as quick-commerce firm delays IPO

Zepto's unlisted shares have witnessed a massive 23% decline in the last five trading sessions.

03 Aug 2026
Subhash Chandra

ZEE says SEBI order won't impact ₹3,140cr fundraising plan

Zee Entertainment Enterprises Ltd (ZEEL) has asserted that the recent order from the Securities and Exchange Board of India (SEBI) will not affect its ongoing ₹3,143 crore fundraising exercise.

Juniper Green Energy IPO fully subscribed on last day

The initial public offering (IPO) of Juniper Green Energy has been fully subscribed on the last day of bidding.

03 Aug 2026
Donald Trump

Sensex gains over 600 points: What's behind today's rally?

The Indian stock market witnessed a surge on Monday, with the benchmark indices Sensex and Nifty both registering significant gains.

03 Aug 2026
Infosys

Indian IT firms cut bench strength amid AI push

India's leading IT services companies, including Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra, are witnessing a decline in their average bench strength.

03 Aug 2026
AstraZeneca

AstraZeneca, BMS discuss $400B pharma mega-deal

British pharmaceutical giant AstraZeneca is said to be in talks with US rival Bristol Myers Squibb (BMS) for a possible merger.

03 Aug 2026
India

SHANTI Act: Draft rules for nuclear energy expansion under review

India is gearing up to expand its nuclear energy capacity with the SHANTI Act, 2025 (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Act).

03 Aug 2026
Apple

Apple's India iPhone shipments set to fall for first time

Apple is likely to witness its first-ever annual decline in iPhone shipments in India, after years of uninterrupted growth.

03 Aug 2026
Air India

Willie Walsh takes charge as IndiGo CEO

Willie Walsh, the former chief of International Airlines Group (IAG), is taking over as the chief executive officer of IndiGo today.

03 Aug 2026
Japan

Why Trump stepped in to support Japan's currency

Japan and the United States have intervened in a rare joint operation to prop up the yen.

03 Aug 2026
Indian Economy

India's factory growth falls to 5-year low

India's manufacturing sector has lost some of its steam in July, with factory activity slowing down to its weakest pace in nearly five years.

NSE, Jio Platforms IPOs set to revive India's public markets

The upcoming initial public offerings (IPOs) of the National Stock Exchange (NSE) and Jio Platforms in September are likely to revive India's public markets.

Zee Entertainment shares crash over 10% amid SEBI action

Zee Entertainment Enterprises Ltd. (ZEEL) witnessed a massive drop in its share price on Monday.

03 Aug 2026
Europe

RBI likely to keep rates unchanged at upcoming policy meeting

The Reserve Bank of India (RBI) is likely to maintain its interest rates at the upcoming policy meeting, bucking the trend of several global central banks.

03 Aug 2026
Iraq

Why OPEC+ is raising oil production again

OPEC+ has approved an increase in oil production quotas by some 188,000 barrels per day (bpd) for September.

03 Aug 2026
India

FSSAI cracks down on select alcohol brands over misleading additives

India's food safety regulator, the Food Safety and Standards Authority of India (FSSAI), has banned select whiskies and rums from United Spirits and Inbrew Beverages.

03 Aug 2026
HDFC Bank

HDFC, ICICI raise dollar deposit rates to attract NRI funds

In a bid to draw more dollars amid rising global rates, HDFC Bank and ICICI Bank have revised their Foreign Currency Non-Resident (FCNR) deposit rates.

Shiprocket eyes IPO at 30% lower valuation

E-commerce logistics company Shiprocket is expected to launch its initial public offering (IPO) in the next one or two weeks, according to the Economic Times.

03 Aug 2026
Reserve Bank Of India (RBI)

RBI MPC meeting begins today: Will repo rate be hiked?

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is holding a three-day policy meeting starting today.

03 Aug 2026
Donald Trump

Oil prices decline 5% as Trump pauses Iran strike

Oil prices witnessed a significant drop in Asia trading on Monday, after US President Donald Trump announced he had called off a planned strike on Iran.

02 Aug 2026
Nifty

Markets bounce back strongly after 2-week dip

The Indian stock market witnessed a major rebound this week, with both the BSE Sensex and Nifty 50 witnessing significant gains.

02 Aug 2026
Canada

WestJet cabin crew go on strike, over 300 flights canceled

WestJet, Canada's second-largest airline, has witnessed a strike by its flight attendants.

02 Aug 2026
Flipkart

Bengaluru: You can order food on Flipkart from August 15

Walmart-owned Flipkart is gearing up to launch its food delivery service in Bengaluru, possibly around August 15.

These 6 IPOs will open for subscription next week

India's primary market is set to witness a flurry of activity with six new public issues slated for subscription next week.

02 Aug 2026
ITC Limited

Why India's top cigarette makers are seeing revenue, profit decline

India's top cigarette manufacturers, including ITC, Godfrey Phillips India, and VST Industries, have reported a drop in their net revenue and profitability for the April-June quarter.

02 Aug 2026
Reserve Bank Of India (RBI)

RBI revises deposit interest rules

The Reserve Bank of India (RBI) has announced a major overhaul of the rules governing deposit interest rates.

02 Aug 2026
Income Tax Return

Received tax notice after ITR filing? Here's what to do

The July 31 deadline for filing income tax returns (ITR) has passed, but taxpayers shouldn't think their compliance journey is over.

02 Aug 2026
Iraq

Petroleum exporting countries consider output increase amid supply disruptions

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, are likely to raise their oil production quotas for September.

02 Aug 2026
Andhra Pradesh

Over 1.1cr names deleted from electoral rolls in 10 states

More than 1.12 crore names have been removed from the electoral rolls in 10 states and Union Territories (UTs) under Phase 3 of the Special Intensive Revision (SIR) exercise.

02 Aug 2026
Jaipur

Private equity firms eye India's education sector after healthcare success

Private equity (PE) firms are now targeting India's school education sector, using innovative investment strategies.