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Business News

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25 Jul 2026
Paramount Pictures

Paramount's $110B merger with Warner Bros paused until June 2027

Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros. Discovery, until a court rules on a lawsuit filed by 12 US states challenging the deal or until June 1, ⁠2027.

25 Jul 2026
TL;DR

Rising oil and weak rupee drag Indian stocks lower Friday

Indian equities fell as rising crude oil prices and rupee depreciation weighed on sentiment, with the Nifty closing at 23,767.45, below the critical 23,800 support level.

25 Jul 2026
TL;DR

China's market regulator fines Trip.com $770 million for online hotel-booking abuse

China's market regulator fined Trip.com $770 million for abusing its dominance in the online hotel-booking sector, citing unfair practices that harmed competition and consumers.

25 Jul 2026
TL;DR

Maharashtra unveils bioplastics policy 2026 to attract 25,000cr investments

Maharashtra introduced its first bioplastics policy, targeting ₹25,000 crore investments and 100,000 jobs in five years to curb plastic pollution and boost green manufacturing.

25 Jul 2026
TL;DR

FSSAI suspends Rehaan Healthcare manufacturing license in Mohali over hygiene

FSSAI suspended Rehaan Healthcare's manufacturing licence due to critical non-compliance and unhygienic conditions at its Mohali-based health supplement production unit.

25 Jul 2026
TL;DR

Nasdaq slips 0.64% amid AI budget concerns after Alphabet announcement

The Nasdaq fell 0.64% as concerns over escalating AI-related capital expenditures weighed on chip stocks, while investors awaited earnings reports from major tech companies.

25 Jul 2026
TL;DR

S&P Global downgrades Oracle after $498B loss and OpenAI reliance

Oracle's market value plummeted by $498 billion in under 10 months as S&P flagged OpenAI, its largest AI client, as a significant credit risk due to financial uncertainties.

25 Jul 2026
TL;DR

India's crude basket jumps 11% to $103.33 amid supply disruptions

Indian crude oil basket spiked 11% in a day, reaching $103.33 per barrel, driven by disruptions in the Strait of Hormuz and Houthi attacks on Red Sea vessels.

25 Jul 2026
TL;DR

Elon Musk's Boring Company seeks about $4B, may reach $20B

Elon Musk's Boring Company is reportedly in discussions to raise $4 billion, potentially valuing the tunneling startup at $20 billion, according to the Wall Street Journal.

25 Jul 2026
TL;DR

NVIDIA, SK Group partner on over $500 billion AI initiative

Nvidia and South Korea's SK Group announced a $500 billion-plus AI initiative, including large-scale data centers and next-gen memory development with SK Hynix.

25 Jul 2026
TL;DR

SpaceX launches Starship from Texas, attempts 20 Starlink deployments

SpaceX conducted a pivotal test flight of its Starship rocket, aiming to validate technologies critical to expanding its ambitions amid investor scrutiny following its recent IPO.

25 Jul 2026
TL;DR

Prentis seeks $100 million at $1B valuation to automate office work

Prentis, an AI lab co-founded by Reid Hoffman and Marc Pincus, is negotiating a $100 million funding round to accelerate its mission of automating office workflows.

25 Jul 2026
TL;DR

Small US firms sue Trump administration over new import tariffs

Two American businesses filed a lawsuit against the Trump administration, alleging its newly imposed global tariffs under Section 301 exceed legal authority.

25 Jul 2026
TL;DR

Waymo seeks to end Uber robotaxi partnership, plans own app

Waymo plans to launch its own robotaxi services in Austin and Atlanta by January 2028, signaling rising tensions and potential separation from Uber's ride-hailing network.

25 Jul 2026
TL;DR

Volkswagen engineers Michael Stamp, Marcus Plank charged with insider trading

Two Volkswagen engineers face securities fraud charges for allegedly profiting over $300,000 using confidential information about the automaker's joint venture with Rivian.

25 Jul 2026
TL;DR

Paramount Skydance $110B merger with Warner Bros Discovery paused

Paramount and Skydance have agreed to delay their $110 billion acquisition of Warner Bros Discovery until June 2027 or a court ruling, following legal challenges from 12 US states.

25 Jul 2026
TL;DR

SpaceX stock falls to $110 as early investors reel

SpaceX shares have plunged nearly 30% since their debut, leaving investors reeling as overvaluation fears and delays in Starship tests compound financial losses.

24 Jul 2026
Income Tax Return

ITR deadline: 5 penalties taxpayers can face for late filing

Income tax authorities have highlighted different consequences for various defaults or irregularities in tax filing.

24 Jul 2026
NVIDIA

NVIDIA signs $1.5B chip packaging deal with Amkor

NVIDIA has signed a multi-year agreement worth $1.5 billion with Amkor Technology, a leading semiconductor packaging company.

24 Jul 2026
Flipkart

Flipkart to launch food delivery service in coming weeks

Walmart-owned e-commerce giant Flipkart is gearing up to enter India's online food delivery space. The company will be taking on established players like Zomato and Swiggy.

24 Jul 2026
Indian Economy

India's private sector growth hits 4-year low in July

India's private sector growth has hit a four-year low in July, mainly due to a sharp slowdown in the services sector.

24 Jul 2026
Layoff News

Patreon lays off 20% of workforce

Patreon, the popular content subscription platform, has announced a major layoff, cutting 20% of its workforce. The decision affects around 93 employees.

24 Jul 2026
Donald Trump

Oracle bags Pentagon software deal worth $7B

The US Department of Defense has awarded a nearly $7 billion contract to Oracle, the tech giant co-founded by billionaire Larry Ellison.

24 Jul 2026
Sensex

Sensex tanks 900 points: Key reasons behind today's decline

India's benchmark equity indices opened sharply lower today, marking the fifth consecutive session of losses.

Manipal Health fixes price band for ₹9,275cr IPO

Manipal Health Enterprises, the owner of the Manipal Hospitals chain, will launch its maiden public issue on July 29.

24 Jul 2026
Yemen

Brent crude tops $100 for first time since May

Brent crude oil prices have surged above $100 per barrel for the first time since May.

23 Jul 2026
Abu Dhabi

UAE to adopt India's DigiLocker for academic document verification

India and the United Arab Emirates (UAE) are working together to integrate India's DigiLocker with UAE's digital platforms.

SEBI proposes greater flexibility for portfolio managers investing client funds

The Securities and Exchange Board of India (SEBI) has proposed changes to its regulations governing portfolio management services (PMS).

23 Jul 2026
Infosys

Infosys Q1 profit rises 12% to ₹7,769cr

Infosys has reported a 12.3% year-on-year (YoY) increase in its consolidated profit for the April-June quarter of FY27.

23 Jul 2026
Bengaluru

JPMorgan to hire around 1,000 tech professionals in India

JPMorgan Chase has announced plans to hire around 1,000 technology professionals for its Global Capability Centers (GCCs) in India.

23 Jul 2026
Ashneer Grover

What is Fund My Staff, Ashneer Grover's new fintech start-up?

Ashneer Grover, the former MD and co-founder of BharatPe, has launched a new fintech platform called Fund My Staff.

23 Jul 2026
Europe

EU fines Google $1B for Search and Play Store violations

The European Commission has slapped a hefty €890 million ($1 billion) fine on tech giant Google.

23 Jul 2026
Anthropic

Google posts negative cash flow for 1st time since IPO

Google's parent company, Alphabet, has reported a negative free cash flow of $5.9 billion in the second quarter of 2026.

23 Jul 2026
Blinkit

Blinkit grows bigger and more profitable

Eternal's latest shareholder letter reveals that Blinkit has grown nearly as big as Zepto and Swiggy Instamart combined. The company also remained profitable during this period.

CGHS pensioner cards go paperless via Bhavishya portal

The Ministry of Health and Family Welfare (MoH&FW) has launched a paperless application process for the Central Government Health Scheme (CGHS) pensioner card.

23 Jul 2026
Amazon

Amazon lays off employees in AGI unit

Amazon has announced another round of layoffs, this time targeting its Artificial General Intelligence (AGI) unit.

23 Jul 2026
Adani Group

Adani seeks change in rule to enter airline business

The Adani Group has approached the Indian government for a change in an existing rule that prohibits Delhi and Mumbai airport operators from holding more than 10% stake in a scheduled airline.

23 Jul 2026
Iran

Why Qatar is extending its LNG force majeure

QatarEnergy is likely to extend the force majeure on liquefied natural gas (LNG) shipments until mid-October, people with knowledge of the matter told Reuters.

23 Jul 2026
Uber

Uber cuts 10% of customer service jobs in AI push

Uber Technologies has announced a major downsizing in its customer service division, laying off 10% of its customer service workforce.

Indo-MIM IPO opens today with 38% GMP

Indo-MIM Ltd has launched its initial public offering (IPO) today. The offer will remain open until July 27.

23 Jul 2026
Anthropic

Alphabet becomes first company to report $100B quarterly profit

Google-parent Alphabet has become the first company in history to report over $100 billion in quarterly profit.

Xtranet Technologies IPO opens today: Should you bid?

Xtranet Technologies, an IT solutions provider, has launched its initial public offering (IPO) today. The three-day bidding period will end on July 27.

23 Jul 2026
Tesla

Tesla's Q2 revenue jumps 26% but profitability still a concern

Tesla has reported a strong recovery in its financial performance for the second quarter of 2026.

23 Jul 2026
Google

Google parent raises 2026 AI spending to $205B

Google's parent company, Alphabet, has announced a major increase in its capital expenditure plans for 2026.

23 Jul 2026
Federal Reserve

Crude oil prices near $100 as US-Iran tensions escalate

Commodity markets witnessed a mixed bag on July 23. Crude oil prices hit their highest in over six weeks amid rising tensions in the Middle East.

22 Jul 2026
Stock Market

Sensex down 800 points: Why Indian stock market crashed today

The Indian stock market witnessed a major selloff today, with the Sensex crashing over 800 points to hit an intraday low of 76,641.19.

22 Jul 2026
IndiGo

IndiGo shares down 3% today: Here we decode why

Shares of InterGlobe Aviation, the parent company of IndiGo, fell over 3% to ₹5,128 apiece.

22 Jul 2026
The Walt Disney Company

From Pixar to National Geographic, Disney axes hundreds of jobs

The Walt Disney Company has announced a major round of layoffs, impacting several hundred employees across various divisions.

22 Jul 2026
India

Bira 91 founder Ankur Jain exits board, gives up stake

Ankur Jain, the founder of B9 Beverages and its flagship brand Bira 91, has resigned from the company's board.

22 Jul 2026
Samsung

Samsung might invest in AI start-up Mistral at $23B valuation

Samsung is in talks to invest hundreds of millions of euros into French artificial intelligence (AI) start-up Mistral.

22 Jul 2026
Madhya Pradesh

Paras Defence to establish semiconductor facility in MP for ₹6,200cr

Paras Defence and Space Technologies has announced that its semiconductor unit will invest ₹6,200 crore to set up a chip packaging and testing facility in Madhya Pradesh.

22 Jul 2026
Adani Group

Adani, GMR might soon run their own airlines in India

The Indian government is mulling a major policy shift that could allow airport operators to own and run their own airlines, as per Bloomberg.

22 Jul 2026
Anthropic

Why Anthropic has been sued by University of Tennessee

Anthropic, a leading artificial intelligence (AI) company, has been sued by the University of Tennessee Research Foundation for patent infringement.

22 Jul 2026
Donald Trump

Trump threatens tariff on generic medicines: Should India be worried?

US President Donald Trump has announced a two-year exemption from tariffs on imported generic medicines.

21 Jul 2026
Amitabh Kant

End retrospective tax to attract foreign investment: Amitabh Kant

Former NITI Aayog CEO Amitabh Kant has stressed the need for India to end its retrospective tax policy, saying it heavily impacts global investor sentiment.

21 Jul 2026
Stock Market

London Stock Exchange will soon let you trade 24/7

The London Stock Exchange (LSE) is gearing up to launch a new trading venue, LSE 24, which will operate outside its normal market hours.

21 Jul 2026
Bajaj Auto

Bajaj Auto Q1 results: Net profit jumps 42.3% to ₹2,983cr

Bajaj Auto has reported a whopping 42.3% jump in its standalone net profit for the first quarter of FY27.

This might be 1st 'world model' AI start-up going public

Chinese artificial intelligence (AI) start-up GigaAI is gearing up for a public listing in Hong Kong.

21 Jul 2026
Cognizant

Cognizant bags mega tech services deal worth up to $1B

Cognizant, a leading software services company, has won a multi-year technology services contract from US health insurer Centene Corporation, as per Moneycontrol.

21 Jul 2026
Maharashtra

Maharashtra plans property tokenization on blockchain: How it affects you?

Maharashtra is mulling a new legal framework for the tokenization of land and other immovable assets using blockchain technology.

21 Jul 2026
JP Morgan

Positive returns for Indian equities over next 12 months: JPMorgan

JPMorgan's Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy, has predicted positive returns for Indian equities in the next 12 months.

21 Jul 2026
Volkswagen

JSW eyes majority stake in Volkswagen's India unit: Report

Volkswagen AG is in advanced talks with JSW Group for a potential stake sale in its Indian unit, as per Bloomberg.

21 Jul 2026
Tata Steel

Tata Steel to invest ₹10,000cr in Jharkhand by 2028

Tata Steel has announced its plan to invest ₹10,000 crore in various projects across Jharkhand by 2028.

21 Jul 2026
India

India's Q1 oil import bill up 61%: What's the reason?

India's crude oil import bill surged by a whopping 61% to $49.8 billion in the April-June period, compared to the same period last year.

You can soon make UPI payments without internet

The National Payments Corporation of India (NPCI) is working on a new feature for Unified Payments Interface (UPI), that would allow users to make payments at merchant point-of-sale terminals without an internet connection.

21 Jul 2026
Anthropic

Anthropic's $1.5B copyright settlement with authors has been approved

Anthropic, a leading artificial intelligence (AI) company, has received final approval for its $1.5 billion settlement with authors over copyright infringement.

21 Jul 2026
Paramount Pictures

Paramount's $110B merger with Warner Bros has been temporarily paused

The proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery has been temporarily halted by a US federal judge.

20 Jul 2026
AliExpress

Why AliExpress has been fined record €550m by EU

The European Commission has slapped a record fine of €550 million on Chinese e-commerce giant AliExpress.

20 Jul 2026
Indian Government

Modi government won't scrap LTCG tax on equities anytime soon

The Indian government has confirmed that it has no plans to scrap the long-term capital gains (LTCG) tax on equity transactions.

20 Jul 2026
Jeff Bezos

Jeff Bezos has invested in this £2B UK AI start-up

Jeff Bezos, the founder of Amazon, and the UK government have invested in a £2 billion British artificial intelligence (AI) start-up called CuspAI.

20 Jul 2026
India

Etihad is offering 20% off on these international flights

Etihad Airways has launched a special promotional sale for Indian travelers, offering up to 20% off on Business and Economy class fares.

20 Jul 2026
Meta

Meta to proceed with layoffs challenged over AI bias claims

A US federal judge has denied a request to halt Meta's planned layoffs of 26 employees.

20 Jul 2026
Bharti Airtel

Airtel's data center arm to expand capacity to 1GW

Bharti Airtel's data center subsidiary, Nxtra, is gearing up for a massive expansion. The company plans to quadruple its capacity to 1 gigawatt (GW) in the coming years.

20 Jul 2026
Bangladesh

Centre wants ethanol to become your next cooking fuel

The Indian government is working on a policy to promote ethanol as a mainstream cooking fuel.

20 Jul 2026
Dubai

Why Indian pilots want Gulf flights to be canceled

The Airline Pilots' Association of India (ALPA India) has called for an immediate suspension of flights to the UAE and other high-risk Gulf destinations.

20 Jul 2026
Reserve Bank Of India (RBI)

Why RBI has intervened to stabilize Indian rupee

The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.

India's defense stocks plunge amid escalation of US-Iran conflict

Shares of major defense companies such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics have witnessed a decline during today's trading session.

20 Jul 2026
Larsen & Toubro

L&T has bagged 'mega' orders worth up to ₹15,000cr

Larsen and Toubro (L&T) has announced that its Metals and Minerals vertical has bagged 'mega' orders from leading domestic companies.

20 Jul 2026
Bengaluru

Tata to open 100 Westside stores annually to accelerate expansion

Tata Group's Trent Ltd. is planning an aggressive expansion of its premium fashion brand, Westside.

20 Jul 2026
ICICI Bank

ICICI sees biggest workforce decline among private banks in FY26

ICICI Bank, India's second-largest private sector lender, has seen a major dip in its workforce strength during the fiscal year 2026.

20 Jul 2026
India

Gold, silver prices in India rise today: What's the reason?

Gold and silver prices rose in early trade on the Multi Commodity Exchange (MCX) today. The gains were mainly due to value buying after a slight easing of the US dollar.

20 Jul 2026
Stock Market

Indian stock market has crashed today: Here we decode why

The Indian stock market witnessed a major slump today, with the Sensex and Nifty falling by 0.65% and 0.5%, respectively. The fall comes after a strong rally in the previous session.

20 Jul 2026
Brussels

India's UPI may soon be linked with Spain's payment service

India and Spain have agreed to speed up talks on making their digital payment platforms, the Unified Payments Interface (UPI) and Bizum, interoperable.