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Daimler India Commercial Vehicles proposes ₹4,000cr investment in Tamil Nadu
Daimler India Commercial Vehicles plans an additional ₹4,000 crore investment in Tamil Nadu, raising its total India investments to ₹14,500 crore to support growth and innovation.
Bitcoin holds at $63,600 after July inflation meets expectations
Bitcoin traded near $63,600 after U.S. inflation data met expectations, while privacy coin Monero and mid-cap token Hyperliquid outperformed with notable weekly gains.
India's bank deposits hit ₹269.4 trillion by July 31, 2026
Indian banking system deposits soared by $115 billion in three fortnights, driven by dollar inflows from the Reserve Bank of India's foreign-currency non-resident scheme.
Honasa Consumer posts Q1 FY27 operations revenue ₹756 cr
Honasa Consumer, Mamaearth's parent company, reported Rs 756 crore in revenue for Q1 FY27, marking a 27% YoY growth, while profits surged over twofold to Rs 90 crore.
Skyways Air Services opens IPO August 24, debut September 1
Delhi-based air freight forwarder Skyways Air Services will open its IPO on August 24, aiming to raise approximately Rs 507 crore through a fresh issue and offer-for-sale.
Equirus: India's $20 trillion possible by 2036 with 20-point reforms
India could achieve a $20 trillion GDP by 2036 if it implements Equirus's 20-point reform roadmap, focusing on services, corporate bond markets, and strategic asset management.
IN-SPACe awards ₹200.32cr to boost private Indian space startups
IN-SPACe has disbursed Rs 200.32 crore to space startups under five schemes by July 31, facilitating private sector participation and innovation in India's space ecosystem.
Definium Therapeutics's DT120 LSD eased GAD after single 100-microgram dose
Definium Therapeutics' LSD-based pill, DT120, significantly reduced anxiety symptoms in a late-stage trial, achieving a placebo-adjusted 5.4-point improvement on an anxiety scale.
JD.com tops Q2 forecasts after extended 618 despite 2.9% decline
JD.com exceeded quarterly revenue forecasts, aided by an extended 618 shopping festival. Government subsidies also boosted consumer spending despite economic challenges.
Hinduja Group commits ₹2,500cr investment across sectors in Tamil Nadu
Hinduja Group announced a Rs 2,500 crore investment in Tamil Nadu, focusing on renewable energy, electric mobility, and other sectors to drive growth.
Nifty 24,395.85 and Sensex 78,079.96 as midcaps and smallcaps outperform
Indian markets closed largely flat on August 13, with Nifty at 24,400 and Sensex up 114 points. Metal and banking stocks dragged, while realty and FMCG sectors supported recovery.
Sensex rises 114 to 78,080, Nifty falls 40, midcaps advance
The Sensex closed 114 points higher, supported by Tata Group stocks, while the Nifty fell 40 points due to losses in Hindalco, UltraTech Cement, and Grasim Industries.
India's electronics exports hit ₹4.24L/cr with 11-fold growth over decade
India's electronics exports soared 11-fold to Rs 4.24 lakh crore in FY 2025-26, with women comprising nearly 30% of the workforce in the thriving manufacturing ecosystem.
Gold, silver fall on MCX Thursday as traders book profits
Gold and silver futures on MCX dropped Thursday due to weaker spot demand and profit-taking, despite global bullion prices remaining elevated amid US rate expectations.
PwC India FICCI warn skill gaps erode India's GCCs value
India's Global Capability Centre (GCC) sector risks losing up to 19.3% of its future value by 2030 due to skill and talent shortages, a PwC India-FICCI study reveals.
Technocraft Ventures to list Friday after ₹251.88cr IPO at ₹200-₹212
Technocraft Ventures IPO, subscribed 38.69 times, is set to debut on BSE and NSE on 14 August, with a strong ₹37 GMP indicating a premium listing at ₹249 per share.
Solar Industries Q1 profit up 92.6% to 653cr, revenue 3668cr
Solar Industries reported a stellar Q1 FY27 performance, with net profit soaring 92.6% YoY to ₹653 crore and revenue from operations rising 70.3% to ₹3,668 crore.
Anthropic aims for fall IPO that could top $2 trillion
Anthropic's upcoming IPO is projected to surpass SpaceX's record, with investors eyeing a $2 trillion valuation driven by surging AI demand and extraordinary revenue growth.
India sets July merchandise export record as trade deficit widens
India's merchandise exports surged 19.5% year-on-year to $44.24 billion in July, while the trade deficit widened as imports outpaced exports during the April-July period.
RBI proposes loan interest transparency rules from April 1 2027
The Reserve Bank of India has proposed a new loan framework to enhance transparency and uniformity in interest rate setting for fixed, floating-rate, and benchmark-linked loans.
Domino's to launch personal-sized Detroit-style 'Domino' pizza nationwide August 31
Domino’s is introducing the ‘Domino,’ a customizable personal Detroit-style pizza shaped like a domino, available nationwide starting August 31 as part of their Mix and Match Deal.
Apple sued for misleading users about iCloud+ privacy benefits
Apple is facing a proposed class-action lawsuit in California.
India to source at least 15% US LPG by 2027
India plans to source at least 15% of its 2027 LPG imports from the US, diversifying supplies after disruptions in the Middle East impacted cooking gas availability.
Eighth Pay Commission updates consultant rules, easing young professionals' applications
The 8th Pay Commission has lowered experience requirements and increased positions for young professionals, making consultant roles more accessible to early-career experts.
Chinese chipmaker CXMT hits $524B surpassing Tencent's $510B valuation
CXMT Corp. has surpassed Tencent Holdings as China's most valuable company, driven by AI-fueled demand for memory chips and its pivotal role in semiconductor self-sufficiency.
Blinkit, Zepto, Instamart face scrutiny over delivery algorithms
The Department-Related Parliamentary Standing Committee on Commerce has recommended strict guidelines to regulate the use of algorithms in quick-commerce.
Sachin Bansal's Navi plans ₹3000cr primary share sale in India
Navi Ltd., founded by ex-Flipkart co-founder Sachin Bansal, has reportedly hired top banks to advise on its $315 million Indian IPO, targeting a valuation of up to $2 billion.
TCS and Vodafone Business partner to boost UK digital transformation
TCS and Vodafone Business have partnered to accelerate AI-driven digital transformation for UK enterprises, focusing on cloud, cybersecurity, and network modernisation.
India's gem and jewelry exports hit $2.35bn in July
India’s gem and jewellery exports grew 0.38% year-on-year to $2.35 billion in July 2026, driven by strong gold jewellery demand despite diamond export declines.
European markets rise as oil falls amid Middle East tensions
European stocks gained modestly as falling oil prices eased investor concerns, while Middle East tensions and disruptions in the Strait of Hormuz limited broader market optimism.
Parliament passes MMDR Amendment Bill 2026 clarifying state mining taxes
Parliament has approved the MMDR Amendment Bill 2026, empowering the Centre to regulate states' taxation powers on mining rights and mineral-bearing lands.
Delhi HC questions Meta's copyright policy amid dispute
The Delhi High Court has questioned Meta's policy for granting access to its copyright-protection tool on Facebook and Instagram.
Supreme Court decision triggers $9.6B refunds to S&P 500 firms
Major US companies, including Apple and Nike, are receiving billions in tariff refunds, unexpectedly bolstering earnings and influencing pricing and customer refund strategies.
Shriram Properties reports 46% fall to ₹11.04cr in June quarter
Shriram Properties reported a 46% drop in consolidated net profit to ₹11.04 crore for Q1 FY27, primarily due to higher expenses despite a marginal rise in total income.
Shein aims $30-$40B valuation in Hong Kong IPO August 28
Shein reportedly plans a Hong Kong stock market debut on August 28, targeting a $30–40 billion valuation, significantly lower than its 2022 peak of nearly $100 billion.
Airbnb CEO Brian Chesky says US consumers dislike AI
Airbnb CEO Brian Chesky blames tech CEOs for AI's bad reputation, arguing they prioritize enterprise software over consumer-friendly tools that improve everyday lives.
Anthropic poised to make its largest acquisition yet
Anthropic PBC is reportedly in talks to acquire artificial intelligence (AI) start-up Decart AI.
Aditya Birla Group firms to pay 0.25% royalty, ₹225cr cap
Aditya Birla Group companies will pay 0.25% of revenue as brand royalty to the promoter group starting June 2026, with an annual cap of ₹225 crore per company.
Indian companies start FY2027 with 22% June-quarter revenue jump
India Inc's revenues rose 22% year-on-year in Q1 FY27, driven by resilient consumption and higher commodity prices, despite profitability pressures and weakness in the oil sector.
Parliamentary panel urges MDR charges on high value UPI
A Parliamentary panel has urged the swift rollout of a tiered Merchant Discount Rate (MDR) for high-value UPI transactions to ensure ecosystem sustainability.
Tata Sons's $120B investment strategy at risk after Chandrasekaran's exit
The resignation of Natarajan Chandrasekaran as chairman of Tata Sons has raised questions over the conglomerate's $120 billion investment strategy.
Indian government bond yields hold amid inflation and oil pressures
Indian government bonds remained steady on Thursday, with traders awaiting new market signals. Domestic inflation data and U.S. rate pause expectations kept yields rangebound.
Indian workers paid to film tasks used to train robots
Indian workers are earning Rs 150 extra per hour by recording their manual tasks, unknowingly providing crucial data to train robots that could eventually replace their jobs.
Lenovo India records 18% Q1 FY2026-27 revenue growth from AI
Lenovo India reported an 18% year-on-year revenue growth in Q1 FY2026-27, fueled by strong demand for hybrid AI solutions across personal and enterprise segments.
Japan bond yields steady as markets eye BOJ September hike
Japanese government bond yields remain near multi-year highs as investors anticipate a potential Bank of Japan rate hike in September to support the yen and address inflation.
Strait of Hormuz crisis delays Indian exports and raises costs
The Strait of Hormuz crisis has sharply increased freight and raw material costs for Indian exporters like Nuflower, causing shipment delays to Africa and Europe by up to 58 days.
India plans anti-theft feature for hallmarked gold jewelry
The Indian government is mulling a system to prevent the sale of stolen gold jewelry.
Tata Trust forms committee replacing N Chandrasekaran at Tata Sons
The Sir Dorabji Tata Trust has initiated forming a selection panel to recommend a successor for N Chandrasekaran, who will step down as Tata Sons chairman in February 2027.
Delhivery revenue up 28.28% to ₹2,729.67cr, net profit down
Delhivery's standalone net sales rose to Rs 2,729.67 crore in June 2026, marking a 28.28% year-on-year increase from Rs 2,127.94 crore in June 2025.
Paytm CEO, CFO get SEBI notice over 2023 loan disclosure
Paytm's senior management, including CEO Vijay Shekhar Sharma and CFO Madhur Deora, have received a show cause notice from the Securities and Exchange Board of India (SEBI).
L&T wins ₹10,000-15,000cr deal to build India's largest AI cluster
Larsen & Toubro (L&T) has won a ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory for Together AI at its Chennai data centre campus.
UK economy rises 0.3% in June despite Keir Starmer exit
Britain's economy grew unexpectedly by 0.3% in June, surpassing forecasts of zero growth, according to the Office for National Statistics (ONS).
Thyrocare shares fall as founder Docon Technologies sells 9.9% stake
Thyrocare Technologies' shares fell 7% on August 13 after founder Docon Technologies sold a 9.9% stake via a block deal, reducing its ownership to 51.02%.
LEAP India to list Friday after IPO's nearly ninefold oversubscription
LEAP India shares are set to debut on Indian bourses this Friday, 14 August, with grey market trends indicating a modest premium of ₹12 over the issue price of ₹159.
Lenskart shares hit ₹626.95 after June quarter revenue jumped 43.3%
Lenskart Solutions shares soared past ₹600 for the first time, reaching a fresh 52-week high after reporting robust Q1 growth driven by strong international performance.
Reserve Bank of India issues new guidelines for recovery agents
RBI introduces strict guidelines to curb harassment in loan recovery, banning coercive practices and setting clear boundaries for lenders and agents.
Shiprocket IPO fully subscribed, GMP jumps to 35%
Shiprocket's initial public offering (IPO) has been fully subscribed on the second day of bidding, according to data from the National Stock Exchange (NSE).
JouleWise offers AI tokens as 12% to 18% of compensation
JouleWise Technologies suggests integrating AI tokens into employee compensation, enabling flexible use for productivity tools, training, or future cash payouts.
UK Q2 growth slows to 0.4% as energy prices bite
UK economic growth slowed to 0.4% in Q2 2026, down from 0.6% in Q1, as the Iran war drove up energy prices and strained household budgets.
Trump sued over paid early access to Truth Social posts
President Donald Trump has been sued over the controversial sale of early access to his posts on Truth Social.
India nearly doubles planned coal mining capacity
India has almost doubled its proposed coal mining capacity from 329 million metric tons per annum (mtpa) in 2024 to a whopping 638 mtpa in 2025.
American Airlines reshuffles senior management to close profit gap
American Airlines is undergoing a major senior management reshuffle in a bid to close the profit gap with its competitors, Delta and United.
Gates' daughter faces 20 years in prison over 'cookie stuffing'
Phoebe Gates, the 23-year-old daughter of Microsoft co-founder Bill Gates, has been accused of "cookie stuffing" at her start-up Phia.
Black Box secures 3-year $131 million contract with unnamed US hyperscaler
Black Box has secured a $131 million contract from a U.S.-based Tier-1 hyperscaler to provide digital infrastructure services at a key U.S. data centre over three years.
India mutual fund industry records ₹85.75L/cr net inflows July 2026
The Indian mutual fund industry achieved an all-time high net inflow of ₹85.75 lakh crore in July 2026, driven by robust investor confidence.
Muthoot Fincorp seeks ₹3,000 cr IPO on BSE and NSE
Muthoot Fincorp has filed draft papers with SEBI for a Rs 3,000 crore IPO to strengthen its capital base and support business growth. The offering is entirely a fresh equity issue.
Parliamentary panel urges regulation of delivery app algorithms in India
A parliamentary panel recommends guidelines to curb unsafe delivery speed targets set by quick-commerce platforms, shifting focus from slogans to backend systems.
SEBI plans easier rules for SME IPO listings
India's market regulator, the Securities and Exchange Board of India (SEBI), is considering major changes to its listing rules.
Shiprocket IPO fully subscribed on 2nd day amid retail oversubscription
The Shiprocket IPO achieved full subscription by August 13, driven by strong retail investor interest. The grey market premium (GMP) stood at an impressive 35%.
Binance plans gold and silver options via Nest Exchange Limited
Binance announced the launch of USDT-settled commodity options on gold and silver, expanding its regulated derivatives offerings through the ADGM-regulated Nest Exchange Limited.
Michael Chiang says Foxconn will boost 2026 spending over 30%
Hon Hai Precision Industry Co. plans to allocate over 30% capex growth in 2026 for expanding AI production, focusing on AI servers, racks, and liquid cooling equipment globally.
Bluehill. VC closes ₹400cr fund to back defense and semiconductor startups
Bluehill.VC has closed its first fund at Rs 400 crore, including a Rs 50-crore greenshoe option, to back startups in defence, space, semiconductors, and advanced manufacturing.
ReNew Energy awaiting Andhra Pradesh nod for ₹85,200cr data center
ReNew Energy Global Plc plans to establish an ₹85,200 crore Green Data Center in Anakapalli, Andhra Pradesh, collaborating with global players for sustainable solutions.
Bank of Korea buys $250 million in SPDR Gold Shares ETF
South Korea's central bank invested $250 million in SPDR Gold Shares, marking its first gold-related purchase since 2013 to diversify reserves amid global economic uncertainties.
Gold prices surge to 2-month high as US inflation cools
Gold prices have surged to a two-month high, following signs of cooling consumer inflation in the United States.
India launches BHAVYA Rasayan for 3 chemical parks ₹3,030 cr
The Centre has launched the BHAVYA Rasayan scheme to establish three greenfield chemical parks, with a total outlay of Rs 3,030 crore to boost domestic manufacturing.
LAPL Automotive BSE SME listing opens ₹135 up 43.62%
LAPL Automotive shares debuted at ₹135 on the BSE SME, marking a 44% premium over the issue price of ₹94, despite weak market sentiment and Sensex trading 0.23% lower.
Tamil Nadu to seal ₹15,050cr deals amid ₹67,452cr investment push
Tamil Nadu is set to sign agreements worth Rs 15,000 crore with overseas firms for over a dozen new projects, aiming to strengthen its position as India's top manufacturing hub.
PFRDA highlights NPS e-Shramik for platform workers starting at ₹99
The PFRDA's NPS e-shramik Model enables platform workers to start retirement savings with contributions as low as ₹99, offering flexibility with no fixed minimum or maximum limits.
Japan's Topix hits record 4,160.28 as Nikkei gains on chips
Japanese stocks climbed on Thursday, with the Topix hitting a record high as semiconductor gains and strong corporate earnings outlooks boosted investor confidence.
Eternal shares jump on MSCI weight boost, $674mn inflows
Eternal Ltd, a leading player in the quick commerce and food delivery sector, is set to witness a massive inflow of capital. The development comes as a result of an increase in its weightage in the MSCI Standard Index.
US inflation cools to 3.4%: Is a rate cut coming?
US inflation has eased a bit, with consumer prices rising 3.4% year-on-year in July, slightly lower than the 3.5% increase recorded in June.
Tamil Nadu CM Joseph Vijay to sign ₹67,452cr investment pacts
Tamil Nadu will ink 97 agreements worth Rs 67,452 crore at CM Vijay’s inaugural conclave, aiming to generate over 1 lakh jobs and boost industrial growth.
SEBI plans to raise SME listing cap to ₹4,000cr
India's market regulator SEBI plans major changes to SME listing rules, including raising valuation thresholds and removing trade size limits to boost investor participation.
SEBI raises SME listing market cap from ₹500cr to ₹4000cr
India's market regulator SEBI is considering significant rule changes, including raising listing thresholds and removing trade size limits, to enhance SME platform participation.
Natarajan Chandrasekaran exit casts doubt on Tata's $120B tech push
N Chandrasekaran’s resignation as Tata Sons chairman casts doubt on the conglomerate's $120 billion investment plans, raising concerns over leadership and strategic direction.
Yatra Online profit nosedives 98% at 34L amid weak MICE
Yatra Online reported a sharp 98% drop in profit after tax to Rs 34 lakhs in Q1 FY27, despite a 17% YoY growth in gross bookings.
SBI raises $500m 5-year bond via London branch at 5.25%
State Bank of India secured $500 million through a five-year Regulation S bond issue, with robust investor interest reducing the spread to 88 bps from initial guidance of 120 bps.
Court denies Purvi Modi video testimony in 6,498cr PNB case
A special CBI court denied Purvi Modi's request to record her statements via video conferencing, citing the need for her physical presence due to the case's complexity and scale.
India's broking industry adds about 8,000 clients in July 2026
India’s broking industry added just 8,000 net active clients in July, reflecting uneven growth among major brokers as some gained significantly while others faced notable declines.
Markets mixed as AI chip earnings buoy S&P 500 Nasdaq
Brent crude remains elevated at $88 as geopolitical risks, including tensions in the Strait of Hormuz and Israeli air strikes in Gaza, keep markets cautious.
Gaja Capital IPO price band ₹152 to ₹160 per share
Gaja Capital has announced its IPO price band of ₹152-₹160 per share, with subscription open from 19 to 21 August. Listing is expected on 26 August.
Oil near 6-session highs, IEA flags deficit, India reviews UPI
Crude oil prices hover near six-session highs amid Strait of Hormuz deadlock. Anthropic explores a $6 billion acquisition of Decart AI, while Persistent CEO's pay soars 162%.
American Airlines reshuffles top leadership as CEO Isom acknowledges gap
American Airlines is restructuring its senior management team, adding new roles and a former Spirit Airlines executive to address performance gaps and boost profitability.
RBI proposes external benchmark for floating-rate personal, retail, MSME loans
The Reserve Bank of India has introduced draft guidelines to enhance transparency in loan pricing, mandating external benchmarks for banks and capping APRs for small-value loans.
Gold edges up as investors await US inflation and PPI
Gold prices rose slightly on Thursday after hitting a two-month high, while silver declined as markets evaluated US interest rate prospects following the latest inflation data.
Foreign inflows into Indian equities add ₹20,000cr and ₹12,921cr
Global capital may shift towards India as the maturing AI trade highlights its diversified, domestically driven growth profile, says Ritesh Taksali of Edelweiss Life Insurance.
Indian stocks open cautiously as CPI rises to 4.45% YoY
Indian equities opened subdued on Thursday as firm crude oil prices and geopolitical tensions overshadowed softer US inflation data and gains in Asian markets.
Gold hits 2-month high after US July CPI shows slowdown
Gold surged to a two-month high as easing U.S. consumer inflation reduced expectations of an imminent Federal Reserve rate hike, shifting focus to upcoming producer price data.
Cisco forecasts $7.5B in AI sales as stock falls 4%
Cisco's forecast of $7.5 billion in AI-related sales for fiscal 2027 fell short of investor expectations, despite $9.3 billion in AI orders over the past year.
Noel Tata named Tata Trusts chairman as N Chandrasekaran exits
With N Chandrasekaran opting out of a third term, Noel Tata emerges as the definitive leader of Tata Sons, steering the conglomerate with his cautious yet firm approach.
Norway's $2.34tn oil fund may not last forever, Nicolai Tangen
The CEO of Norway's $2.34 trillion wealth fund, Nicolai Tangen, warns that even the world's largest sovereign fund is not immune to eventual decline due to market volatility.
Hiranandani-backed Yotta to file DRHP, aiming up to ₹8,000cr
Yotta Data Services is set to file its draft prospectus, aiming to raise ₹6,000-8,000 crore through an IPO to expand data centre operations and deploy advanced AI infrastructure.
Groww cements India brokerage lead adding over 70,000 July accounts
Groww added over 70,000 active accounts in July, solidifying its position as India's top brokerage amid an industry-wide slowdown in user additions this year.
South Korea's KOSPI index surges 22% on AI chip rallies
South Korea's Kospi index soared 22% from its July 30 low, driven by a rebound in memory chipmakers like Samsung and SK Hynix amid surging global AI investments.
India's GCCs recruit experienced IT professionals for AI cloud cybersecurity
Global capability centres (GCCs) are leveraging seasoned IT professionals, with over a third of hires from IT services firms, to build specialised teams in AI and cloud computing.
John Overdeck and wife Laura in $6.2B divorce battle
Laura Overdeck, wife of billionaire hedge fund mogul John Overdeck, is demanding $6.2 billion from his fortune, while he counters with a $723 million tax-free settlement offer.
Rupee ends ₹95.33 as state banks sell dollars for RBI
The Indian rupee closed at 95.33 on Wednesday, gaining 10 paise as Reserve Bank of India's dollar sales offset pressure from rising crude oil prices.
Whole Foods pulls salsas and guacamole over jalapeno salmonella risk
Whole Foods is recalling select items containing jalapenos from Coast Citrus Distributors due to potential salmonella contamination, though no illnesses have been reported yet.
US 10-year Treasury yield climbs to 4.683%, highest since 2007
The US Treasury auctioned $42 billion in 10-year bonds at a 4.683% yield, the highest since 2007, reflecting investor demand amid inflation and budget deficit concerns.
Cerebras raises 2026 revenue outlook to $880-$890 million and lifts margins
Cerebras Systems increased its revenue and gross margin forecasts, driven by surging demand for its wafer-scale engine chips powering AI services and data-center expansions.
Apollo Hospitals beats estimates as profits jump 34% to ₹581Cr
Apollo Hospitals reported a 34% rise in quarterly profit, surpassing expectations, and announced plans to add over 5,800 beds in five years to expand its presence.
Musk-owned Cursor to set up India office by 2026-end
Cursor, an artificial intelligence (AI) coding start-up that is being acquired by Elon Musk's SpaceXAI, plans to set up its first office in India by the end of this year.
How Tata Sons will choose next chairperson after N Chandrasekaran
N Chandrasekaran's resignation as the Chairman of Tata Sons has triggered a high-profile succession process in corporate India.
Foxconn's Q2 profit jumps 35% YoY to $1.8B
Taiwanese tech giant Foxconn, the world's largest contract electronics manufacturer, has reported a whopping 35% surge in its second-quarter profit.
Bill Gates's daughter knew her start-up was 'cookie stuffing'
Phia, the shopping start-up co-founded by Bill Gates's daughter Phoebe Gates and Sophia Kianni, is under fire for its controversial business practices.
China's answer to Boeing, Airbus makes first international flight today
China's state-owned Commercial Aircraft Corporation of China (Comac) is gearing up for a major milestone in commercial aviation.
Sensex down over 650 points today: What's the reason?
The Indian stock market has witnessed a major slump for the second consecutive session today.
Oracle set to lay off employees again this month: Report
Oracle is preparing for another round of layoffs this month, as part of its strategy to cut payroll costs.
Shiprocket IPO opens with 31% GMP: Should you subscribe?
Shiprocket, one of India's leading e-commerce enablement platform, has opened its initial public offering (IPO) for subscription today.
Ambanis remain India's richest business family
India's leading family businesses have surpassed Saudi Arabia's gross domestic product (GDP) in terms of valuation, according to the 2026 Barclays Private Clients Hurun India Most Valuable Family Businesses list.
Tata shares down by 4% after Chandrasekaran resigns as chairman
Shares of Tata Group companies fell up to 4% today after N Chandrasekaran resigned as Chairman of Tata Sons.
N Chandrasekaran steps down as Tata Sons chairman
N Chandrasekaran has resigned as the chairman of Tata Sons, ending a nearly decade-long term.
Accenture asks staff to delay vacations amid sales push
Accenture has asked its employees to postpone their vacations and carry over unused leaves into the next financial year, a Bloomberg report said.
Oil prices near $90 as doubts over US-Iran deal grow
Oil prices witnessed a surge on Wednesday morning, amid fears of supply disruptions in the Middle East.
Phuket-Delhi flight mishap: Air India pilot tests positive for marijuana
The pilot-in-command of an Air India flight that experienced sudden altitude drop, injuring 17 people, has tested positive for marijuana, as per The Indian Express.
Will BRICS countries link their payment systems?
The BRICS group of nations is considering the integration of their fast payment systems and central bank digital currencies (CBDCs).
TCS, Google to set up Gemini Experience Center in Mexico
Tata Consultancy Services (TCS) and Google Cloud have announced the establishment of a new Gemini Experience Center (GEC) in Mexico City.
TSMC, Sony invest $4.7B to build next-gen smartphone cameras
Taiwanese semiconductor giant TSMC and Japanese tech conglomerate Sony have announced a joint venture worth $4.69 billion.
Igor Babuschkin's River AI raises $1.1B to build personal agents
River AI, a full-stack artificial intelligence (AI) company founded by xAI co-founder Igor Babuschkin, has raised $1.1 billion in funding.
Vijay Singh quits Sir Ratan Tata Trust before term end
Vijay Singh, the Vice-Chairman of Tata Trusts, has resigned as a trustee of the Sir Ratan Tata Trust (SRTT) before the end of his current term on August 14.
Government summons Air India CEO over Phuket-Delhi flight's altitude loss
The Ministry of Civil Aviation has summoned Air India's outgoing Chief Executive Officer, Campbell Wilson, after the airline's Phuket-Delhi flight suddenly lost about 300 feet of altitude on August 4.
BSE replaces Wipro in Nifty 50: What changes for investors?
NSE has announced major changes to its indices as part of a semi-annual review.
Centre approves trials of ₹10, ₹20 polymer notes
The Indian government has approved a proposal to conduct field trials of one billion polymer banknotes each in the denominations of ₹10 and ₹20.
India is world's sixth-largest economy at $3.92 trillion
India has officially become the world's sixth-largest economy, with a nominal Gross Domestic Product (GDP) of $3.92 trillion in FY26.
L&T wants to make rare-earth magnets in India
Larsen & Toubro (L&T) is planning to enter the rare-earth magnet manufacturing sector in India.
Vi shares jump 3% as Q1 loss shrinks 43%
Vodafone Idea's shares jumped by 3% on Tuesday after the company reported a narrower loss for the June quarter.
Milky Mist IPO opens with 15% GMP: Apply or avoid?
Milky Mist Dairy Food Ltd, a prominent player in the packaged food sector, has launched its initial public offering (IPO) today.
Gold prices hit 10-week high: What's driving the rally?
Gold prices have continued their upward trend on Tuesday, marking a third consecutive session of gains.
Why NYC mayor Zohran Mamdani and Amazon are at odds
New York City Mayor Zohran Mamdani has endorsed the Delivery Protection Act, a controversial legislation that would require Amazon and other major delivery companies to directly employ thousands of drivers.
Why license of Blinkit warehouse in Mumbai has been suspended
The Food and Drug Administration (FDA) has suspended the food license of Blinkit's Malad West warehouse in Mumbai.
Why Meta, Google, Snapchat are staring at thousands of lawsuits
A US appeals court has allowed thousands of lawsuits against social media giants Meta, Google, TikTok, and Snapchat to proceed.
Dhoot Transmission IPO: Does 30% GMP make it a buy?
The initial public offering (IPO) of Dhoot Transmission, worth ₹3,066.89 crore, has entered its second day of bidding today.
Will Centre raise minimum pension from ₹1,000 to ₹7,500?
The Employees's Pension Scheme (EPS) has been a major source of financial support for pensioners in India.
How RBI is helping banks combat digital payment fraud
The Reserve Bank of India (RBI) has announced a new initiative to help banks combat digital payment fraud.
Why India's exports to US and Europe are becoming costlier
Indian exporters are facing a major spike in freight costs, with shipping charges on almost all major routes rising sharply.
Boeing has sold its electric air taxi business
Boeing has announced the sale of three of its electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation.
Google co-founder spends over $100M fighting California's billionaire tax proposal
Google co-founder Sergey Brin has spent over $100 million fighting California's proposed billionaire tax, according to a recent filing.
Top Indian private banks eye $3B in dollar loans
India's leading private banks, including HDFC Bank, are looking to raise up to $3 billion through dollar bonds or loans.
OpenAI completes $7B secondary share sale at $852B valuation
OpenAI has successfully completed a secondary share sale worth around $7 billion, granting past and present employees the opportunity to cash out equity based on an $852 billion valuation.
Australia delays world's first work-from-home law
Australia's Victoria state has postponed the implementation of a landmark law that would have given eligible workers a legal right to work from home for two days a week.
Utilities, courier, logistics providers can now use 1601 number series
India's telecom regulatory authority, TRAI, has expanded the use of the 1600-number series beyond banking and financial services.
Parliament clears taxation amendment bill: How it affects you?
Finance Minister Nirmala Sitharaman has clarified that the Unified Payments Interface (UPI) will continue to remain free for consumers.
South Korea announces $3.5B fund to boost its chip industry
South Korea has announced a massive 5 trillion won ($3.52 billion) semiconductor fund to boost its chip industry.
Jeff Bezos is buying a stake in Liverpool FC
Amazon founder Jeff Bezos is close to finalizing a deal to acquire a one-third stake in Liverpool Football Club.
DLF sells Gurugram penthouse to Manav Sardana for ₹271cr
Real estate giant DLF has sold a penthouse at its luxury housing project 'The Dahlias' in Gurugram for ₹271 crore.
Why Tukaram Mundhe-led Maharashtra FDA is digitizing milk supply chain
Maharashtra's Food and Drug Administration (FDA), under Commissioner Tukaram Mundhe, is spearheading a major digitization initiative to trace milk from farms to consumers.