Business News
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SEBI proposes changes to Indian stock market trades and settlements
SEBI's consultation paper suggests changes to closing auction sessions, including F&O settlement methods, market timings, and stricter rules for order cancellations.
Zomato introduces ₹5-₹20 'Pay on delivery' cash fee amid competition
Zomato has introduced a Rs 5 "Pay on delivery fee" for cash-on-delivery orders, aiming to boost revenue amid rising competition in the food-delivery market.
SEBI weighs blended VWAP for expiry day derivatives settlement
SEBI has introduced two options for expiry-day settlement under the revised Closing Auction Session (CAS) framework, aiming to enhance price discovery and market efficiency.
Indian startups raise $356.8 million from Sept 7 to 12
Indian startups raised $356.8M across 23 deals, marking a 17% weekly funding increase. The week also saw two acquisitions, five key appointments, and a new healthcare fund launch.
Xflow and HSBC let foreign firms accept payments in India
Xflow has partnered with HSBC to enable global businesses to collect payments from Indian customers via local methods like UPI, cards, and net banking.
Reliance Digital launches Digital Exchange with up to ₹10,000 bonus
Reliance Digital introduces a hassle-free electronics exchange programme, offering top exchange value, bonuses up to Rs 10,000, and zero pickup charges for bulky appliances.
Central government unions demand MACP overhaul from 8th Pay Commission
Central government employees are urging the 8th Pay Commission to implement five MACP upgrades and align financial progression with promotional pay scales for better career growth.
Rodic Consultants, Nasscom and Startup India launch InfraAI Challenge 2026
Rodic Consultants launches the InfraAI Innovation Challenge 2026, allocating ₹3–5 crore for strategic investments in AI-driven infrastructure startups.
Alpaca aims at least tenfold India-Linked AUC growth next year
US-based Alpaca anticipates a tenfold surge in India-linked assets under custody within 12 months, driven by upcoming partner launches through GIFT City.
NVIDIA may invest $10B in Anthropic ahead of $100B IPO
Nvidia is reportedly considering a $10 billion investment in Anthropic's upcoming IPO, which aims to raise $100 billion and potentially value the AI startup at $2 trillion.
Rocket Lab protests NASA $700 million Mars orbiter award Blue Origin
Rocket Lab has filed a formal protest with the Government Accountability Office, contesting NASA's $700 million Mars orbiter contract awarded to Blue Origin.
Moonshot AI aims $2B annualized revenue with K3 open-weight model
Moonshot AI aims to double its revenue run rate, projecting $2 billion in annualized sales by year-end, driven by the success of its open-weight K3 model.
Trade Minister Rogers Valencia says Peru-India FTA nearly finalized
India and Peru are finalizing negotiations for a free trade agreement, with Peru aiming to sign the deal by 2027 as bilateral trade sees significant growth.
US stocks rally as CPI rises 0.4% boosting Fed odds
Wall Street surged Friday as retreating oil prices and robust consumer price data heightened expectations of a Federal Reserve rate hike to combat inflation.
Sberbank plans to establish largest Russian business hub in India
Sberbank CEO Herman Gref announced plans to establish the largest Russian business hub in India and enhance financial infrastructure for seamless cross-border transactions.
IEA trims 2026 oil demand by 2.5 million barrels daily
The International Energy Agency has cut its 2026 oil demand forecast by 2.5 million barrels per day, citing escalating Middle East conflicts and surging global energy prices.
BRICS leaders in Mumbai oppose tariffs, seek local currency payments
BRICS finance leaders criticized unilateral trade measures and tariffs, while advocating for cross-border payment interoperability and local currency settlement initiatives.
Huawei labeled a 'criminal enterprise' as trial begins in US
The trial against Chinese tech giant Huawei kicked off in Brooklyn federal court on Wednesday (local time).
KPMG flags 'misrepresentation' in Coforge board evaluation
Coforge's recent board evaluation has come under the scanner after KPMG raised concerns of "misrepresentation" and incorrect data representation, as reported by Moneycontrol.
NSE IPO priced at ₹1,700-1,785; issue opens September 17
The National Stock Exchange (NSE) has announced the price band for its initial public offering (IPO).
September 15 advance tax deadline: What taxpayers need to know
Taxpayers who missed the first advance tax installment deadline on June 15, 2026, can still minimize the financial impact.
Once LNG giant, Qatar now looks to US for gas
Qatar, once the world's largest exporter of liquefied natural gas (LNG), is in talks to buy LNG from the United States under long-term contracts.
Why bank employees are on strike today across India
Banking services, especially in public sector banks, were disrupted on Friday after the United Forum of Bank Unions (UFBU) called for a nationwide strike.
Jensen Huang says NVIDIA's revenue could surge 70% next year
Jensen Huang, the founder and CEO of NVIDIA, has predicted a massive 70% revenue growth for his company next year.
Chinese AI chipmaker Enflame jumps over 200% on market debut
Chinese semiconductor company Enflame has witnessed a whopping 206% surge in its stock price after making its debut in Shanghai.
Brent crude oil prices near $110 as US-Iran tensions escalate
Oil prices continued their upward trajectory on Friday, with both major benchmarks set to close the week above $100 per barrel for the first time since mid-May.
Bending Spoons strikes $1.4B deal to acquire workplace-collaboration platform Miro
Italian technology group Bending Spoons has announced its plan to acquire workplace-collaboration platform Miro in an all-cash deal worth $1.36 billion.
HSBC's 1st female CFO to step down next year
Pam Kaur, the Chief Financial Officer (CFO) of HSBC, will be resigning in 2027.
US probes Fox's $22B deal to acquire Roku
The US Department of Justice (DOJ) has launched an investigation into Fox's proposed $22 billion acquisition of streaming platform Roku.
Russia eyes major aircraft push in India with 105-plane deal
Russia is set to advance multiple aircraft deals with Indian companies, including plans for 105 regional passenger planes.
OpenAI appoints AI risk researcher amid criticism over safety protocols
OpenAI has announced the appointment of Paul Christiano, a prominent AI researcher known for his concerns about the potential dangers of artificial intelligence (AI), to OpenAI Foundation board.
UPI in US? Zelle bridge could ease payments for NRIs
Bank of America (BofA) is working on a pilot project to connect Zelle, a US-based digital payment platform, with India's Unified Payments Interface (UPI).
SIP investments hit record ₹32,297cr in August
Mutual fund Systematic Investment Plan (SIP) inflows have hit a new high of ₹32,297 crore in August 2026.
Musk's tunnel-digging venture secures major funding at $23B valuation
Elon Musk's tunnel construction venture, The Boring Company, has secured $3 billion in a fresh funding round. The investment values the company at an impressive $23 billion.
US probes NVIDIA's $20B Groq deal over antitrust concerns
The US Department of Justice (DOJ) is looking into NVIDIA's $20 billion licensing deal with AI chip start-up Groq Inc.
Michael Dell overtakes Jeff Bezos to become world's 3rd-richest person
Michael Dell, the founder of Dell Technologies, has surpassed Amazon's Jeff Bezos to become the world's third-richest person.
Could a researcher's warning derail Anthropic's IPO plans?
Jacob Coxon, former researcher at Anthropic, has issued a dire warning about the potential dangers of artificial intelligence (AI) technology following his departure.
Oil prices could hit $120 per barrel amid US-Iran tensions
Oil prices have surged past the $100 per barrel mark as traders weigh the risk of supply disruptions after recent shipping attacks.
Why Xiaomi's business in India may face detailed probe
India's Serious Fraud Investigation Office (SFIO) has recommended a detailed probe into Xiaomi's business operations in the country.
NPCI's AiNxt and AtOM platforms are here: How they work
The National Payments Corporation of India (NPCI) has launched two new agentic artificial intelligence (AI) platforms, AiNxt and Agentic Orchestration & Messaging (AtOM), at the Global Fintech Fest 2026 in Mumbai.
Flipkart now testing 'Eat In' food delivery service in Bengaluru
Walmart-backed Flipkart has begun testing its new food delivery service, 'Eat In,' among employees in Bengaluru.
This is the first AI-powered 'lights-out' factory in India
Tata Consultancy Services (TCS) has inaugurated a state-of-the-art "lights-out" factory at its Sahyadri Park campus in Pune.
Why Modi government wants these virtual digital asset platforms removed
The Indian government has ordered the removal of 15 virtual digital asset (VDA) platforms for violating anti-money laundering laws.
NSE to slash IPO price range to ₹1,700-1,785
The National Stock Exchange of India (NSE) is likely to price its long-awaited initial public offering (IPO) at ₹1,700-1,785 per share, according to a Bloomberg report.
Why Indian IT stocks lost ₹55,000cr in today's session
Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.
Brent crude hits $100 per barrel as US-Iran tensions escalate
Brent crude oil prices have surged to $100 a barrel for the first time since July 24. The spike comes as fears of supply disruptions from the Middle East region grow amid escalating attacks.
Coforge chairman resigns after internal audit raises concerns
Coforge, a leading Indian IT services provider, witnessed a major fall in its shares today after the resignation of its chairman, Om Prakash Bhatt.
Adani Airports raises $1B from Temasek, BlackRock and others
Adani Enterprises has announced its decision to raise nearly $1 billion (approximately ₹9,825 crore) by selling a stake in its airport unit, Adani Airport Holdings Limited (AAHL).
PhonePe, Visa introduce tap to pay and cross-border QR payments
PhonePe and Visa have launched three new payment features at the Global Fintech Fest 2026.
Coding start-up Cognition AI raises $2B at $48B valuation
Cognition AI, a start-up specializing in artificial intelligence (AI) coding, has raised $2 billion in its Series E funding round.
Singapore Airlines wants more control before fresh Air India funding
Singapore Airlines is looking for more management control and stronger governance rights before it agrees to pump in funds into Air India, as per Reuters.
Ajit Mohan, Snap's chief business officer, quits
Ajit Mohan, the Chief Business Officer at Snap, has announced his resignation after a four-year stint.
US suspends Cognizant's green-card applications amid visa fraud probe
The United States Department of Labor has suspended Cognizant's Permanent Labor Certification (PERM) filings.
Sensex plunges 600 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the BSE Sensex and NSE Nifty both witnessing sharp declines.
Rentomojo IPO opens with 33% GMP: Apply or avoid?
Rentomojo, a leading D2C rental and subscription platform in India, has launched its initial public offering (IPO) today.
Uber, Rapido licenses suspended for 6 months in Chandigarh
The Chandigarh administration has suspended the aggregator licenses of ride-hailing services Uber and Rapido for six months.
Qualcomm inks $4B custom chip agreement with Amazon
Qualcomm has announced a strategic partnership with Amazon, involving a $4 billion custom chip deal.
You can't use Uber, Rapido in Chandigarh till March 2027
The State Transport Authority (STA) of Chandigarh has suspended the aggregator licenses of Uber and Rapido for six months.
Hunter Biden to launch cryptocurrency inspired by his controversial laptop
Hunter Biden, the son of former US president Joe Biden, is launching a cryptocurrency inspired by his controversial laptop.
eBay under fire for delivering gender-prediction kits to India
eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.
Hedge fund billionaire Chris Rokos moving from UK to Greece
Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.