Business News
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India's 10-year bond yields hit new high—what's going on?
Despite a recent rate cut by the Reserve Bank of India, the 10-year benchmark bond yield has surged to 6.63%, marking its highest level in the current financial year.
IndusInd Bank and Jio-bp team up for a fuel credit card
IndusInd Bank and Jio-bp have launched a co-branded credit card, offering rewards on fuel purchases. This marks the first fuel-linked card for both companies.
Wakefit IPO wraps up with strong retail buzz
Wakefit's initial public offering (IPO) concluded with a 2.52 times overall subscription, led by retail investors and Qualified Institutional Buyers.
Meesho's IPO pops 46% on debut, draws huge investor buzz
Indian e-commerce marketplace, Meesho, witnessed a 46% rise in shares on its first day as a public company. The firm raised $606 million in its initial public offering (IPO).
Volkswagen India offers early retirement to 2,300 workers
Volkswagen India is offering early retirement to its 2,300 factory workers as part of a growth-boosting restructuring plan.
India's trade deals with Oman and New Zealand almost done, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced that negotiations for Free Trade Agreements with Oman and New Zealand are in their final stages.
SBI Mutual Fund is gearing up for its 1st-ever IPO
SBI Mutual Fund, India's largest fund house, has begun the process of appointing merchant bankers and other service providers for its upcoming initial public offering (IPO).
Vedanta is betting big on Rajasthan's minerals and energy
Vedanta Ltd, led by Anil Agarwal, plans to invest Rs one lakh crore in Rajasthan to double its production across various sectors.
Labour Ministry, Microsoft join hands to boost AI jobs in India
India's Labour Ministry has partnered with Microsoft to enhance job opportunities and AI skilling, aiming to connect over 15,000 employers to the National Career Service platform.
Uber launches delivery and metro ticketing in Bengaluru
Uber has launched its B2B logistics service, Uber Direct, and metro ticketing integration for Namma Metro in Bengaluru, enhancing digital mobility and commerce solutions.
IndiGo under antitrust spotlight after massive flight cancelations
India's largest airline, IndiGo, is under scrutiny by the Competition Commission of India (CCI) for potentially imposing unfair conditions on travellers.
Over 2L startups created over 21L jobs since 2016
The Commerce and Industry Ministry has recognised over 2,01,335 startups under the Startup India initiative. These startups have generated over 21 lakh jobs nationwide.
Indian markets dip as investors wait on Fed's next move
Indian stock benchmarks fell further on Wednesday due to concerns about the U.S. Federal Reserve's potentially hawkish 2026 outlook and an anticipated rate cut.
CBI busts ₹1,000cr crypto scam run by Chinese nationals
The Central Bureau of Investigation (CBI) has filed charges against two Chinese nationals for orchestrating the HPZ Token Investment Fraud, involving over ₹1000 crore.
IndiGo may face CCI probe after mass flight cancelations
India's largest airline, IndiGo, may face an inquiry from the Competition Commission of India (CCI) over alleged abuse of market dominance amid widespread flight cancellations.
Retail investors are changing India's bond game
Retail investors are transforming India's bond market, traditionally dominated by institutions, due to regulatory changes and digital access improvements in 2025.
India and EU move closer to a major trade deal
India and the EU are nearing a conclusion on their long-awaited free trade agreement, according to Commerce and Industry Minister Piyush Goyal.
Groww pulls ahead as broking industry stalls
In November, Groww strengthened its lead in India's retail broking industry, while Zerodha experienced a significant decline in active users.
Hinge CEO Justin McLeod steps down to launch AI dating app
Justin McLeod, founder and CEO of Hinge, is stepping down to launch Overtone, an AI-powered dating app, with Jackie Jantos succeeding him as Hinge's new CEO.
Waaree Energies becomes India's 1st to hit 1GW monthly solar panel milestone
Waaree Energies Ltd, a Mumbai-based company, has become the first Indian solar panel manufacturer to produce over 1 GW of solar modules in a single month.
Corona Remedies IPO gets all the love, Wakefit left waiting
Corona Remedies' IPO saw a robust demand with a subscription of 31.59 times, while Wakefit's IPO struggled at 0.60 times on the final day of bidding.
Encompass Design India IPO allotment today: Check details
Encompass Design India is expected to finalize its IPO share allotment today, with a grey market premium indicating a possible muted debut.
India's inflation creeps up, but still super low
A Mint poll of economists suggests that India's retail inflation likely increased to 0.8% in November, up from a record low of 0.25% in October.
Nifty-50 could hit 29,120 by end of 2026, says Kotak Securities
Kotak Securities predicts the Nifty 50 to reach a base-case target of 29,120 by December 2026, driven by robust earnings growth over the next three financial years.
PM Modi's 'Your Money, Your Right' campaign returns ₹2Kcr to citizens
The Indian government's 'Your Money, Your Right' initiative has successfully returned nearly ₹2,000 crore to its rightful owners since its launch in October 2025.
Amazon to invest $35B in India by 2030
Amazon has announced plans to invest over $35 billion in India by 2030.
SpaceX plans $30B IPO in 2026 at $1.5T valuation
SpaceX, Elon Musk's ambitious space exploration company, is gearing up for an initial public offering (IPO) in mid-to-late 2026.
Slack chief heads to OpenAI as its chief revenue officer
Denise Dresser, the current CEO of Slack, is set to join OpenAI as its new Chief Revenue Officer (CRO).
Meesho's shares list at 46% premium: Hold or book profit?
Meesho, a SoftBank-backed e-commerce platform, has made a stellar debut on the stock market today.
IndusInd Bank Chairman Sunil Mehta to resign in January
Sunil Mehta, Chairman of IndusInd Bank, is set to step down in January following his term conclusion amid an ongoing organisational overhaul.
Rupee drops to 90.07 as dollar demand heats up
The Indian rupee depreciated by 20 paise, falling to 90.07 against the U.S. dollar in early trade due to importer dollar demand and tariff concerns.
Virtusa just bought SmartSoC Solutions—here's why it matters
Virtusa, a product and platform engineering services company, has acquired Bengaluru-based semiconductor firm SmartSoC Solutions.
Amazon to invest $35B in India, create 1 million jobs by 2030
Amazon plans to invest over $35 billion across its businesses in India by 2030, aiming to create an additional one million jobs.
Novo Nordisk takes Sun Pharma to court over diabetes drug patent
Novo Nordisk, a Danish pharmaceutical company, has approached the Delhi High Court to prevent Sun Pharmaceutical from handling semaglutide, a key ingredient in the drug Ozempic.
Amazon India crosses $20 billion in global exports—early!
Amazon India has successfully enabled 12 million small businesses, reaching $20 billion in seller exports. The company now eyes artificial intelligence for its next growth phase.
US-India trade talks resume amid tariff disputes
As US trade negotiators arrive in India, the long-pending trade deal and its impact on tariffs, investments, and industrial policy are under scrutiny.
Silver just hit a record high—here's why everyone's talking about it
The price of silver has reached an unprecedented high due to an anticipated US Federal Reserve interest rate cut and persistent demand from the technology industry.
Unlocking of 15 million shares: What it means for Groww's IPO
Groww's shares fell by over 4% after the one-month lock-in period ended, marking a significant shift in the newly-listed stock's performance.
UAE is betting big on AI to move beyond oil
The United Arab Emirates is constructing a massive AI campus in the Abu Dhabi desert, aiming to diversify its oil-dependent economy.
Meesho shares pop 46% on stock market debut, close at ₹171.70
Meesho made a strong debut on the stock market, with shares trading 46% above the IPO price of ₹111. The robust listing reflects solid investor confidence in the e-commerce firm.
Nephrocare Health Services IPO: Should you subscribe?
Anand Rathi, a leading research firm, advises subscribing to the IPO of Nephrocare Health Services Ltd., India's largest dialysis service provider.
Trump to announce Jerome Powell's replacement as Fed chair soon
President Donald Trump is close to choosing the next U.S. Federal Reserve chair, with economic adviser Kevin Hassett and former Fed Governor Kevin Warsh among the top contenders.
Coforge wants to hit $2 billion revenue by next year
Coforge, an IT services company, aims to achieve a $2 billion annualised revenue run rate by the fourth quarter of this fiscal year.
Wiz enters India, eyes growth in cloud security market
New York-based cloud security firm, Wiz, has entered the Indian market, anticipating increased demand for unified security platforms.
Uolo raises $7 million to expand network, develop AI learning companions
Indian edtech firm Uolo has raised $7 million in a funding round led by Australian VC firm Five Sigma, aiming to expand its AI-based learning offerings.
Telecom companies hike prepaid plan prices as revenue slows
Telecom operators, excluding Reliance Jio, are revising prepaid plan prices in anticipation of a sector-wide tariff hike, aiming to improve profit margins.
Robin AI sells services division after major layoffs
UK-based legal tech start-up Robin AI, once praised for revolutionising the industry, is selling its operations to rival Scissero following financial difficulties.
Microsoft to invest $17.5B in India's AI, cloud infrastructure
Microsoft has announced a massive investment of $17.5 billion in India between 2026 and 2029.
Why kids can't buy latest Pokemon cards anymore
The once-innocent world of Pokemon cards has transformed into a speculative market, making it nearly impossible for kids to get their hands on the latest releases.
PolicyBazaar launches 'Claim Kavach' in India: How it helps you?
PolicyBazaar has launched a new program called 'Claim Kavach,' aimed at simplifying and expediting motor insurance claims for its customers.
Why home-cooked meals are now cheaper in India
The cost of preparing both vegetarian and non-vegetarian meals in India has witnessed a significant decline in November.
'IndiGo back on its feet': Airline CEO after nationwide disruptions
IndiGo CEO Pieter Elbers has claimed that the airline's operations are now "stable," despite nearly 500 flights being canceled on Tuesday due to an operational meltdown.
Indian rice stocks crash 10% today: What's the reason?
Shares of major basmati rice exporters in India have taken a hit following US President Donald Trump's threat to impose tariffs on Indian rice.
Why Novo Nordisk has moved Delhi HC against Sun Pharma
Novo Nordisk, the Danish pharmaceutical giant and the original developer of semaglutide, has filed a lawsuit against Sun Pharma in the Delhi High Court.
VinFast parent plans to invest $3B in Telangana
Vietnam's largest private conglomerate, Vingroup, has signed a Memorandum of Understanding (MoU) with the Telangana government to invest $3 billion.
PhysicsWallah's shares up 5% today: Here we decode why
PhysicsWallah's shares surged by over 5% during today's trading session.
Sensex plunges 1,300 points in 2 days: What's the reason?
The Indian stock market has witnessed a major crash, with the benchmark Sensex plummeting over 1,300 points in just two sessions. The Nifty 50 index has also lost nearly 2% during this period.
Starlink denies pricing reveal, accepting orders in India
Starlink, the satellite internet company owned by Elon Musk's SpaceX, has denied revealing any pricing or accepting orders for its services in India.
NVIDIA can now sell its H200 AI chip in China
The US Department of Commerce has approved the export of NVIDIA's advanced H200 chips to China.
Trump Media to invest ₹1L crore in city near Hyderabad
Trump Media has announced a massive investment of ₹1 lakh crore in Bharat Future City, a planned city on the outskirts of Hyderabad.
IndiGo cancels 550+ flights across major airports, Bengaluru worst affected
IndiGo, India's leading domestic airline, has canceled a staggering 562 flights across six major airports today. Bengaluru was the worst hit with as many as 150 cancellations.
MEA warns Indians traveling to China: Here's why
Ministry of External (MEA) has issued a warning for Indians planning to travel to China or transiting through Chinese airports.
Wise launches multi-currency card in India amid record outbound travels
Wise, the global fintech company, has launched its multi-currency travel card in India.
This Mumbai-based company is planning ₹2,000cr data center near Chennai
Mumbai-based real estate company, IndiaLand Group, is planning to set up its first data center project in and around Chennai.
Companies in these 25 countries can't contact employees after work
The 'right to disconnect,' the ability for employees to ignore work-related communications after hours, is a growing trend across the globe.
Will RBI cut rates in 2026? Here's what experts say
The Reserve Bank of India (RBI) has surprised markets by cutting the repo rate by 25 basis points (bps) to 5.25%.
Meet BharatGen, IIT Bombay's own AI start-up
The Indian Institute of Technology (IIT) Bombay has taken a major step forward by launching its own artificial intelligence (AI) company, BharatGen Technology Foundation.
India's general insurance sector sees 24% growth after GST exemption
India's general insurance sector witnessed a remarkable growth of 24.1% year-on-year (YoY) in November.
Groww secures SEBI's nod to distribute corporate bonds online
Bengaluru-based wealth tech firm Groww has bagged the Online Bond Platform Provider (OBPP) license from the Securities and Exchange Board of India (SEBI).
China's exports rebound, but shipments to US plunge 29%
China's exports have returned to growth in November, after an unexpected contraction in October.
Sensex falls over 800 points: What's driving today's market crash
India's equity benchmarks, the Sensex and Nifty, witnessed a significant decline today. The Sensex fell by as much as 800 points while the Nifty dropped below the 26,000 mark.
Tata launches India's 1st multi-cap-consumption index fund: Should you invest?
Tata Asset Management has launched India's first multi-cap consumption index fund, the Tata BSE Multicap Consumption 50:30:20 Index Fund.
IBM might acquire data infrastructure firm Confluent for $11B
IBM is said to be in advanced talks to acquire data infrastructure company Confluent for around $11 billion, The Wall Street Journal reported.
After PUMA exit, Virat Kohli partners with sportswear start-up Agilitas
Indian cricket superstar Virat Kohli has announced a partnership with Agilitas Sports, an Indian sportswear start-up.
Wakefit's ₹1,289cr IPO opens today: Should you subscribe?
Wakefit Innovations, a popular home and furnishings brand backed by Peak XV Partners, Elevation Capital, and Investcorp, has opened its initial public offering (IPO) today.
Bitcoin regains $91,000 mark amid hopes of Fed rate cut
Bitcoin, the world's largest cryptocurrency, has shown a slight recovery in value.
IndiGo crisis: Modi government seeks reconstitution of airline's board
The Indian government is considering a reconstitution of the board of InterGlobe Aviation Ltd, the parent company of IndiGo, as per Moneycontrol.
Palantir's 'Neurodivergent Fellowship' is here: Check eligibility, salary package
Palantir Technologies, the data analytics giant, has launched a new initiative called the Neurodivergent Fellowship. The program is aimed at individuals with non-traditional cognitive processing and thinking patterns.
IndiGo shares plunge by 7% today: What's the reason?
InterGlobe Aviation, the parent company of IndiGo, is witnessing a major fall in its share price.
Meesho's IPO allotment today: How to check status online
Meesho, the SoftBank-backed e-commerce platform, is all set to finalize its initial public offering (IPO) allotment today.
How the Netflix-Warner Bros. deal could impact Indian OTT players
Netflix's planned acquisition of Warner Bros, including its film and television studios, HBO Max and HBO, contingent upon the spin-off of Discovery Global, could shake up India's streaming industry.
IndiGo gets 24-hour extension from DGCA, must reply by today
IndiGo, the crisis-hit airline, has been given a one-time 24-hour extension by the Directorate General of Civil Aviation (DGCA) to respond to a show cause notice issued on December 6.
ICC in trouble as JioStar seeks to exit media-rights deal
The International Cricket Council (ICC) is facing a major setback as JioStar, a Reliance Industries-controlled company, has expressed its inability to continue with the remaining two years of its four-year India media-rights deal.
SpiceJet shares soar 14% amid IndiGo's operational crisis
SpiceJet shares have surged by a whopping 14% in today's trading session, hitting ₹35.50 per share on the BSE.
EU delegation to meet Piyush Goyal today: Key sticking points
A European Union (EU) delegation will meet Commerce and Industry Minister Piyush Goyal today to discuss the status of their proposed free trade agreement (FTA).
Aequs IPO allotment today: How to check status online
Aequs Ltd., a leading precision component manufacturer, is set to finalize the allotment of shares for its initial public offering (IPO) today.
Coinbase resumes user registration in India after 2-year hiatus
Coinbase, a leading cryptocurrency exchange, has reopened its app for user registration in India after a two-year break.
Silver prices near all-time high: Here we decode why
Silver prices have surged to nearly an all-time high, bolstered by a major uptick in exchange-traded fund (ETF) inflows.
How Coca-Cola plans to cut down on plastic waste
Coca-Cola is trialing a revolutionary new packaging solution for its soft drink brands in Austria.
Trump says he'll review Netflix-Warner Bros. deal
President Donald Trump has expressed concerns over Netflix's proposed $72 billion acquisition of Warner Bros. Discovery's assests.
Musk denies SpaceX is raising funds at $800B valuation
Elon Musk has denied recent reports suggesting that his aerospace company, SpaceX, is seeking a valuation of a whopping $800 billion.
IndiGo's flight network should be stabilized by this date
IndiGo has announced that it expects to stabilize its flight network by December 10.
Indian banks will remain closed on these days this week
This week, from December 8 to December 14, certain regions in India will observe four bank holidays.
These 13 IPOs will hit Indian market this week
India's primary market is gearing up for a busy week with 13 new initial public offerings (IPOs) set to hit the market.
Zomato CEO teases 'Temple,' a mysterious new brain-focused health device
Deepinder Goyal, CEO of Eternal, has teased the launch of a new health-tech device called Temple.
Who is Pieter Elbers, CEO of embattled IndiGo airlines
Pieter Elbers, the Dutch Chief Executive Officer (CEO) of IndiGo, has been making headlines after the airline canceled several flights, stranding thousands of passengers across India.
UBS to cut 10,000 jobs by 2027
Switzerland's largest bank, UBS, is said to be planning a major workforce reduction in the coming years.
Wakefit raises ₹186cr ahead of IPO
Wakefit Innovations Ltd, a Bengaluru-based home and furnishings company, has raised ₹186 crore from Steadview Capital, WhiteOak Capital, and Capital 2B.
Air India crash: Indian, US investigators to meet in Washington
Indian investigators are set to meet their US counterparts next week as part of the ongoing probe into the June crash of an Air India flight.
Air India caps airfares, waives cancellation fees amid travel disruptions
In light of the recent travel disruptions across India, Air India and Air India Express have announced a series of proactive measures.
How Hyundai's proposed $2B shipyard could boost India's shipbuilding sector
South Korea's HD Hyundai, one of the world's largest shipbuilders, is eyeing a major investment in India's shipbuilding sector.
How Netflix outbid Paramount and Comcast for Warner Bros. takeover
In a major shake-up in the entertainment industry, Netflix has announced its acquisition of Warner Bros. Discovery for $82.7 billion, including debt.
US negotiators arrive in India, seeking to finalize trade deal
Allison Hooker, a senior US State Department official with expertise in Asian affairs, will be in India from Sunday to Thursday.
How India's aviation turmoil is driving ticket prices up
The Indian aviation sector is currently in a state of turmoil, with market leader IndiGo struggling to adapt to new crew rostering rules introduced by the Directorate General of Civil Aviation (DGCA).
FLY91 won't charge convenience fee on flights booked this month
Regional airline FLY91 has announced a waiver on convenience fees for all bookings made through its official website in December.
Deloitte announces AI-powered 'Tax Pragya' platform: What does it do?
Deloitte has announced the launch of its new artificial intelligence (AI) platform, 'Tax Pragya.' The innovative tool is designed to expedite tax research and insights for clients.
IndiGo cancels 220+ flights as disruptions continue for 6th day
IndiGo has canceled over 220 flights at Delhi and Mumbai airports today.
Your PNB home loan EMIs are about to become cheaper
State-owned Punjab National Bank (PNB) has announced a reduction in its Repo Linked Lending Rate (RLLR), following the Reserve Bank of India's (RBI) decision to cut the repo rate on December 5.
How IndiGo plans to manage disruptions in the coming days
IndiGo's parent company, InterGlobe Aviation Ltd, has activated its top decision-making body to deal with the aftermath of mass cancellations and delays.
Snapdeal parent files fresh IPO papers with SEBI: What's changed?
AceVector Ltd, a digital commerce ecosystem backed by SoftBank, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Market cap of India's top 5 firms up ₹72,285cr
The combined market capitalization of five out of the top 10 most-valued companies in India increased by ₹72,284.74 crore last week.