Business News
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SEBI wants to make IPO info way simpler
SEBI has proposed significant changes to IPO documents, aiming for a cleaner, more investor-friendly format that eliminates unnecessary details and jargon.
India's retail inflation staying negative for another 2 months: SBI
India's retail inflation, excluding gold, is expected to remain in the negative for two more months.
Jeff Williams retires as Apple's COO after a decade-long run
Jeff Williams, Apple's Chief Operating Officer (COO), has officially retired from the company.
Bengaluru's Nyayanidhi lands $2 million to shake up legal tech
Bengaluru-based legal tech startup, Nyayanidhi, has raised $2 million in seed funding to develop an AI-led litigation operating system aimed at streamlining dispute resolution.
Apple's Tim Cook may retire soon: Who will replace him?
Apple is said to be ramping up its succession planning, with Tim Cook's potential exit as CEO coming as early as next year.
Gold prices decline ₹5,000/10g: Is it good time to buy?
Gold and silver prices witnessed a major fall on Friday. The decline was mainly due to hawkish comments from US Federal Reserve officials that have clouded expectations for a December rate cut.
Meta to rate employees on 'AI-driven impact' starting 2026
Starting 2026, Meta will incorporate 'AI-driven impact' into its employee performance evaluations, marking a significant shift towards an AI-native future.
How Larry Ellison's wealth dipped after 'world's richest' title
Oracle founder Larry Ellison briefly surpassed Elon Musk as the world's richest man, but a 30% drop in Oracle's market value has since reversed this.
TruAlt Bioenergy to build ₹2,250cr green fuel plant in Andhra Pradesh
TruAlt Bioenergy has signed a memorandum of understanding (MoU) with the Andhra Pradesh government to establish a ₹2,250 crore sustainable aviation fuel plant.
Almost half of US imports now face steep tariffs
Almost 50% of all goods imported into the United States are now subject to tariffs, a New York Times analysis of Census Bureau trade data has revealed.
IndiGo to launch flights from Navi Mumbai airport
IndiGo, India's leading airline, has announced plans to start flight operations from the newly inaugurated Navi Mumbai International Airport (NMIA) on December 25.
Anant Raj Cloud bets big on Andhra Pradesh with ₹4,500cr investment
Anant Raj Cloud, a subsidiary of Anant Raj, plans to invest approximately ₹4,500 crore in developing new data center facilities and an IT park in Andhra Pradesh.
PUBG-maker Krafton offers voluntary resignation amid AI-first strategy shift
PUBG's parent company, Krafton, is offering a voluntary resignation program to its employees in South Korea. The move comes as part of its transition into an "AI-first" organization.
India's forex reserves drop by $2.7B to $688B
India's foreign exchange reserves have witnessed a decline of $2.7 billion, bringing the total to $687.73 billion for the week ending November 7, 2025.
Apple hit with $634 million fine over smartwatch tech
A California federal jury has ruled that Apple must pay medical technology firm Masimo $634 million for infringing a patent related to blood-oxygen reading technology.
Walmart CEO Doug McMillon to retire; John Furner named successor
Walmart has announced that its long-serving CEO, Doug McMillon, will retire next year. The decision comes after more than a decade of his leadership at the world's largest retailer.
Wakefit boosts IPO to ₹1,400cr, plans ₹200cr pre-IPO round
Bengaluru-based home-furnishing start-up Wakefit is gearing up for a public listing worth ₹1,400 crore in early December.
Cyberattack drives JLR into £485M loss after weeks-long production halt
Jaguar Land Rover (JLR) has reported a massive financial loss for the July-September quarter, owing to a major cyberattack.
Buffett's Berkshire Hathaway buys $4B Alphabet stake, trims Apple holdings
Warren Buffett's Berkshire Hathaway has made a major investment in Alphabet, Google's parent company.
Indian toy exporters face 50% order decline amid US tariffs
Indian toy exporters are witnessing a major drop in orders from the US, with a staggering 50% decline.
Ukraine's drone strike on Russian port shakes up global oil prices
Oil prices saw a significant increase of over 2% after Russia's Novorossiisk port suspended oil exports due to a Ukrainian drone attack.
Trump eases tariffs on 200+ food products amid inflation concerns
US President Donald Trump has announced a rollback of tariffs on over 200 food products, including staples like bananas, orange juice, and coffee.
Nearly half of US imports now face Trump-era tariffs
A New York Times analysis reveals that President Donald Trump's trade policies have resulted in tariffs on almost 50% of all goods entering the United States.
Google invests $40B in Texas to boost AI, cloud infrastructure
Google has announced a massive $40 billion investment in Texas through 2027. The move is part of the tech giant's plan to build new cloud and artificial intelligence (AI) infrastructure.
Tenneco Clean Air IPO: When will share allotment happen?
Tenneco Clean Air India Ltd's initial public offering (IPO) has generated a lot of interest among investors. The public issue was open for subscription from November 12 to November 14.
After losing $4M/day, Disney reaches deal with YouTube TV
Disney and YouTube TV have struck a new carriage deal, ending a 14-day blackout that left subscribers without access to popular Disney-owned channels like ABC, ESPN, and FX.
PUBG-maker Krafton announces voluntary resignation program amid AI shift
Krafton, the PUBG creator, has launched a voluntary resignation program in South Korea as it transitions to an AI-first strategy.
Karnataka's new IT policy wants tech to thrive beyond Bengaluru
Karnataka's new IT policy aims to boost investment and innovation beyond Bengaluru, offering substantial financial and non-financial incentives to companies in emerging cities.
Palantir CEO Alex Karp says he talks to "real Nazis"—here's why that's making headlines
Alex Karp, CEO of software company Palantir, recently revealed his frequent discussions with Nazis as a means to understand their mindset.
AI startup Mercor cuts 5,000+ contractors as projects shift
The co-founders of AI startup Mercor, recently named the world's youngest self-made billionaires, are facing criticism from contractors over alleged pay reductions.
Nexperia dispute: Chips, politics, and a global supply chain headache
Nexperia, a Dutch chipmaker, has refuted claims by its Chinese subsidiary of interfering with production by blocking wafer supplies.
US tribunal mulls over banning imports of Apple Watch
The U.S. International Trade Commission is set to investigate if redesigned Apple Watches infringe Masimo's patents, potentially leading to a new import ban.
Karnataka unveils new IT policy to supercharge tech beyond Bengaluru
Karnataka has unveiled a comprehensive Information Technology policy for 2025-2030, offering a range of financial and non-financial incentives to boost investment and innovation.
ED calls Anil Ambani again in major money case
The Enforcement Directorate (ED) has issued a third summons to industrialist Anil Ambani, scheduling his questioning for November 17 in relation to a FEMA probe.
Indian tourists can now pay with UPI in Malaysia
Indian tourists visiting Malaysia will soon be able to make payments through their regular UPI apps, thanks to a partnership between Razorpay's Curlec and NIPL.
Lenskart brings Spanish brand Meller to India, targets Gen Z and millennials
Lenskart, an omnichannel eyewear company, has launched the Spanish brand Meller in India. The move is part of Lenskart's strategic expansion and focus on Gen Z consumers.
India and Russia set sights on $100bn trade goal by 2030
India urges Russia to expedite approvals for Indian exporters in marine and pharma sectors, targeting a bilateral trade of $100 billion by 2030.
Natco Pharma's profit takes a hit, but new moves are in play
Natco Pharma's consolidated net profit for the September quarter fell by over 23% to ₹517.9 crore, due to subdued top-line growth.
RBI gives exporters more breathing room amid global tariff woes
The Reserve Bank of India (RBI) has announced a series of trade relief measures aimed at aiding exporters grappling with global tariff disruptions.
FirstCry cuts losses and crosses ₹2,000cr in revenue—here's what's up
FirstCry has reduced its consolidated net loss by 20% YoY to Rs 50.5 crore in Q2, while its revenue rose to over Rs 2,000 crore.
Jaguar Land Rover hit by major cyberattack
Jaguar Land Rover (JLR) has acknowledged the possibility of a consumer data breach following a damaging cyber attack that disrupted its production.
Capillary Technologies IPO: Slow start, just 28% subscribed on Day 1
Capillary Technologies' IPO opened on November 14, 2025, with a low subscription of just 0.29 times. The company aims to raise ₹877.50 crore for cloud infrastructure and research investments.
FirstCry's parent posts solid Q2 growth, trims losses
Brainbees Solutions, the parent company of FirstCry, recorded a revenue of Rs 2,099 crore and an EBITDA of Rs 111 crore in Q2 FY26.
Oracle's $56B debt spike: What's going on?
Oracle's debt has surged by $56 billion, pushing its cash flow to a 23-year low of -$5.9 billion. This aggressive borrowing is fueling concerns among investors and analysts.
ED calls in Anil Ambani over alleged loan fraud
Industrialist Anil Ambani has been asked by the Enforcement Directorate (ED) to appear for questioning on November 17, rejecting his request for a virtual appearance.
India teams up with Korea to build its own oil and gas ships
India is seeking investment and expertise from Korean shipyards to build oil tankers and LNG carriers, reducing reliance on foreign vessels.
Textile sector cheers new ₹25,060cr export boost plan
The Indian textile sector has praised government initiatives supporting Micro, Small and Medium Enterprises (MSMEs), particularly those involved in exports.
Amazon's new AI tool makes video ads easy (and free) for Indian sellers
Amazon Ads has launched its AI-powered Video Generator tool in India, aiming to democratize video advertising for businesses of all sizes.
Air India's new luxury lounge coming soon to Delhi airport
Air India, in partnership with Hirsch Bedner Associates, is preparing to unveil its first premium lounge at Delhi's Indira Gandhi International Airport.
India's wastewater: a $35 billion opportunity by 2047
India's treated used water (TUW) economy could unlock an economic opportunity of up to $35 billion by 2047, potentially creating over 1 lakh new jobs, according to a study by CEEW.
Jaguar Land Rover back in action after major cyberattack
Jaguar Land Rover's UK manufacturing operations have resumed normalcy after a six-week cyberattack-induced halt, which cost the company hundreds of millions of pounds.
JLR slashes profit forecast after cyberattack hits hard
Jaguar Land Rover, owned by Tata Motors, has cut its full-year profit margin outlook to zero from 7% following a significant cyberattack-induced production halt.
Flipkart's new 0-commission move: What's up?
Flipkart has launched a zero-commission model for products priced below Rs 1,000 and on its Shopsy platform, aiming to support MSMEs and attract more sellers.
RBI gives exporters more time to bring money home
The Reserve Bank of India (RBI) has extended the timeframe for exporters to repatriate their overseas shipment proceeds from 9 to 15 months, in response to recent US tariff hikes.
ED calls Anil Ambani for questioning in money transfer case
The Enforcement Directorate (ED) has issued a fresh summons to Reliance Group chairman Anil Ambani in a Foreign Exchange Management Act (FEMA) case.
India's forex reserves dip by $2.7 billion—here's why it matters
India's foreign exchange reserves dropped by $2.7 billion to $687.73 billion in the week ending November 7, 2025, according to the Reserve Bank of India.
Kotak Mahindra Bank plans stock split; here's what it means
Kotak Mahindra Bank's board will discuss a proposal for a stock split on November 21. This would be the bank's first stock split in 15 years.
Sensex, Nifty jump 2% in best week since June
The benchmark equity indices, Nifty and Sensex, have posted their biggest weekly gain in five months, rising by nearly 2%.
India's 2025 IPO market breaks records with huge investor buzz
India's 2025 primary market is seeing a surge in large IPO subscriptions, driven by abundant institutional liquidity and a maturing investor mindset.
Infosys is giving out a 75% average bonus this quarter
Infosys has rewarded its employees with an average performance bonus of 75% following robust results in the July-September 2025 quarter.
Zydus gets USFDA nod for key prostate cancer drug
Zydus Lifesciences has secured USFDA approval for its Leuprolide Acetate injection, a treatment for advanced prostatic cancer.
Google changes ad game to dodge EU breakup threat
Google has proposed changes to its advertising technology services to prevent a potential breakup, following a substantial antitrust fine imposed by the European Commission.
India's solar energy corporation is going public as clean energy heats up
The Indian government is urging the renewable energy ministry to expedite the listing of Solar Energy Corp. of India Ltd (SECI), a New Delhi-based green projects firm.
'Big Short' investor Michael Burry shuts down his hedge fund
Michael Burry, the Wall Street legend who shot to fame for his 2008 bet against the US housing market, is shutting down his hedge fund.
Anil Ambani wants virtual appearance before ED in 15-year-old case
Anil Ambani, the Chairman of Reliance Group, has offered to appear before the Enforcement Directorate (ED) through "virtual means."
Adani to invest ₹63,000cr in Assam energy projects
The Adani Group has announced a massive investment of ₹63,000 crore in two major energy projects in Assam.
India's first drone taxi to launch in Andhra Pradesh
Andhra Pradesh Chief Minister N Chandrababu Naidu has unveiled an ambitious economic vision for the state at the CII Partnership Summit.
Indian government bonds see another dip today: What's the reason?
Indian government bonds continued their downward trend today, with traders expecting a heavy supply of debt.
Vodafone Idea shares touch 1-year high today: What's the reason?
Vodafone Idea, a leading telecom company, has seen a major surge in its share price this week.
Bitcoin now trading at 6-month low: Here we decode why
Bitcoin has seen a major drop today, falling over 23% from its all-time high of over $126,000 a month ago.
India's wholesale price inflation dips 1.21% in October
India's wholesale price inflation (WPI) has dipped to -1.21% in October, according to government data released on Friday.
Pine Labs IPO: PayPal, Mastercard book huge profits from investments
Global payment giants PayPal and Mastercard have made huge gains from their investments in Indian digital payments firm Pine Labs.
Reliance to set up 1GW AI facility in Andhra Pradesh
Reliance Industries is set to establish a massive 1GW artificial intelligence (AI) data center in Andhra Pradesh.
Adani will invest ₹1L crore in Andhra Pradesh by 2035
The Adani Group has announced an investment of ₹1 lakh crore in Andhra Pradesh over the next 10 years.
Apple has reduced commissions on mini apps by whopping 50%
Apple has announced a new developer program, the Mini Apps Partner Program, which will cut commissions on in-app purchases for mini apps.
How Uber is protecting drivers from rider misconduct in India
Uber has started testing a new feature that allows its drivers to record videos within the app.
Microsoft, Amazon support bill limiting NVIDIA's chip exports to China
Amazon's cloud unit officials have privately expressed support, and Microsoft has publicly supported a proposed legislation that would further limit chipmaker NVIDIA's ability to export chips to China.
Apple, OpenAI fail to get Musk's AI lawsuit thrown out
A US District Judge has denied a request by tech giants Apple and OpenAI to dismiss a lawsuit filed by Elon Musk's X Corp and xAI.
Disney takes $2B hit on India operations
Walt Disney has posted major non-cash write-downs of nearly $2 billion for its India portfolio in fiscal year (FY) 2024 and 2025.
Ineos Automotive slashes hundreds of jobs as financial troubles grow
Ineos Automotive, the company behind the off-road vehicle Ineos Grenadier, is set to lay off several hundred employees from its UK and European offices.
Why Google is facing an antitrust probe in the EU
Google is facing an antitrust investigation by the European Union (EU) over its spam policy.
Royal Enfield-parent's Q2 results: Net profit rises 24% to ₹1,369cr
Eicher Motors, the parent company of Royal Enfield, has reported a consolidated net profit of ₹1,369 crore for the second quarter of FY26.
SBI Funds wants to raise $1.2B via IPO in 2026
SBI Funds Management Ltd, India's largest asset manager, is planning a major initial public offering (IPO) to raise up to $1.2 billion.
Bharti Group becomes India's 4th-largest conglomerate, surpassing Adani, Bajaj
The Bharti Group has surpassed the Adani and Bajaj groups to become India's fourth-largest conglomerate.
You can now plan travel on PhonePe using ChatGPT
PhonePe, a digital payments company in India, has announced a collaboration with OpenAI.
US, China reach deal to curb exports of fentanyl chemicals
The US and China have reached a major agreement to restrict the export of chemical precursors used in the production of fentanyl, a synthetic opioid that has been responsible for tens of thousands of American deaths.
This is why Meta fired employees in its AI division
Meta's former research scientist, Tian Yuandong, has revealed that the company's restructuring of its artificial intelligence (AI) team was driven by limited computing resources.
13 firms apply for PLI scheme, pledging ₹1,900cr investments
Thirteen companies have submitted applications under the Production Linked Incentive (PLI) Scheme for White Goods, which includes air conditioners and LED lights.
Logistics giant DHL to invest €1B in India by 2030
DHL Group, a leading global logistics company, has announced its plan to invest approximately €1 billion in its Indian operations by 2030.
Mahindra will soon offer life insurance policies in India
Mahindra & Mahindra and Canada's Manulife Financial Corporation have announced their plan to form a 50:50 life insurance joint venture in India.
India's GDP growth projected at 6.5% through 2027
India's economy is projected to grow at an average rate of 6.5% until 2027, according to a recent report by Moody's Ratings.
ED arrests Jaypee Infratech MD in money laundering case
Manoj Gaur, the Managing Director of Jaypee Infratech Limited, has been arrested by the Enforcement Directorate (ED) in a money laundering case.
Boeing to pay $35M to Ethiopian crash victim's family
A Chicago federal court has ordered Boeing to pay over $35 million to the family of a United Nations consultant who died in the 2019 Ethiopian Airlines crash.
Healthkart's revenue approaches ₹1,400cr in FY25
HealthKart, a leading e-commerce platform for nutrition and supplements, has reported a massive spike in its profits for the fiscal year 2025 (FY25).
This renewable energy firm will invest ₹82,000cr in Andhra Pradesh
Renew, a renewable energy company, has announced a massive investment of ₹82,000 crore in Andhra Pradesh.
India revises royalty rates on key minerals to boost mining
India has revised its royalty rates for a number of critical minerals, including graphite, caesium, rubidium, and zirconium.
Amazon sued for withholding pay of disabled warehouse employees
Amazon, the largest private-sector employer in the US after Walmart, has been slapped with a proposed class action lawsuit.
Parag Agrawal's AI start-up raises $100M to reinvent web search
Parallel Web Systems, an artificial intelligence (AI) start-up founded by former Twitter CEO Parag Agrawal, has raised $100 million in funding.
ED raids former Lodha Developers director in ₹85cr fraud case
The Enforcement Directorate (ED) is conducting searches at 14 locations, including the home and offices of Rajendra Lodha, a former director of Lodha Developers Ltd.
Children account for 43 % of pollution‑linked insurance claims in India
New data from Policybazaar has revealed that children are the most affected by air pollution in India.
Refer friends to Jio, earn ₹72 cash and rewards—Here's how
Reliance Jio has launched a new referral program, giving customers the chance to earn rewards and benefits by referring others to buy Jio Starter Packs.
India's retail inflation drops to decade-low of 0.25%
India's retail inflation has plunged to a decade-low of 0.25% in October, down from 1.44% in September.
Bombay Shaving Company raises ₹136cr to scale before IPO
Homegrown grooming start-up Bombay Shaving Company (BSC) has raised ₹136 crore ($15.3 million) in a funding round led by Sixth Sense Ventures.
Sensex gains nearly 800 points: What is behind today's rally?
The Indian stock market is witnessing a strong rally for the third consecutive session, with the benchmark Sensex jumping nearly 800 points and the Nifty 50 reclaiming the 25,900 mark.
Who is Neville Tata, youngest member of Tata's flagship trust
Neville Tata, son of Noel Tata and half nephew of Ratan Tata, has been inducted into the board of Sir Dorabji Tata Trusts (SDTT).
SoftBank-backed Juspay posts first-ever profit after 13 years
Payments technology start-up Juspay has announced its first-ever profit for the fiscal year ending March 2025 (FY25).
Disney losing over $4M a day amid YouTube TV channel blackout
Disney is losing an estimated $4.3 million every day due to its ongoing dispute with YouTube TV over a new content distribution contract, Morgan Stanley has estimated.
Groww shares list at 14% premium: Hold or book profit?
Groww, India's leading digital investment platform, has made a stellar debut on the stock exchanges.
Tata Motors Commercial Vehicles debuts with 28% premium on NSE
Tata Motors Commercial Vehicles Ltd (TMCVL) has made its stock market debut at ₹335 per share on the National Stock Exchange (NSE). This is a premium of 28.48% over its implied value of ₹260.75 per share.
India should become 3rd-largest economy in the world by 2028
India is on track to become the world's third-largest economy by 2028, after the US and China, according to a recent report by UBS.
Why Indian stock market is unfazed by Delhi terror attack
The recent car explosion near Delhi's Red Fort has raised concerns over national security.
CarTrade might acquire CarDekho and BikeDekho soon
CarTrade Technologies has confirmed its negotiations with Girnar Software for the acquisition of automotive platforms CarDekho and BikeDekho.
Surprise move: SoftBank sells entire stake in NVIDIA for $5.8B
SoftBank Group has sold its entire stake in NVIDIA Corporation for a whopping $5.8 billion.
Why IndusInd Bank plans to recover salaries of ex-top executives
IndusInd Bank has initiated a process to reclaim the salaries and bonuses of its former CEO Sumant Kathpalia and Deputy CEO Arun Khurana.
Why Dish TV joined hands with Amazon Prime in India
In a major development, Dish TV has announced its partnership with Amazon Prime.
Gold, silver prices hit 3-week high: What's the reason?
Gold and silver prices have hit a three-week high today, buoyed by profit booking in the US dollar index.
Vodafone Idea shares up 6% today: Here we decode why
Vodafone Idea's stock price surged over 6% today after the telecom operator reported a narrowing of losses for the September quarter.
'Going quiet': Buffett pens final letter to Berkshire Hathaway shareholders
Warren Buffett, the legendary CEO of Berkshire Hathaway, has announced his retirement from writing annual shareholder letters and making public appearances.