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Indian rupee gains 12 paise to 94.72 per US dollar
The rupee appreciated by 12 paise to 94.72 against the US dollar, bolstered by foreign institutional investor inflows and softer crude oil prices.
Mondelez International sues Catherine's Originals claiming O'Bar copies Toblerone's triangle
Mondelez International has filed a lawsuit against Catherine's Originals, claiming the vegan brand's O'Bar infringes on Toblerone's iconic triangular design.
Bitcoin slips under $77,000 in Asia amid US chip sell-off
Bitcoin fell 2% to just under $77,000 as a deepening sell-off in U.S. chipmakers impacted Asian stocks ahead of the U.S. midterm elections.
Squarespace lays off about 300 employees to become more flexible
Squarespace is laying off around 300 employees, focusing on smaller teams and fewer management layers, as CEO Anthony Casalena adapts the company for rapid technological changes.
BLS Polymers debuts with 65% jump and ₹255cr raised
BLS Polymers shares listed at a 65% premium to their issue price after the IPO was subscribed 241 times, reflecting strong demand across all investor categories.
South Korean, Taiwanese and Japanese firms ramp up US investment
South Korean, Taiwanese, and Japanese companies are set to increase investments in the US as global supply chains realign, with spending expected to grow progressively.
SFC Environmental Technologies lists on NSE at ₹355.10 7.61% premium
SFC Environmental Technologies shares listed at an 8% premium on the NSE, reflecting strong investor interest. Analysts suggest holding for long-term gains or buying on dips.
Mukesh Ambani reclaims Asia's richest as Reliance jumps nearly 12%
Mukesh Ambani has reclaimed the title of Asia's richest person, surpassing ByteDance co-founder Zhang Yiming, with a net worth of $88.8 billion.
Nifty crosses 23,500 as Reliance Industries rallies and crude slumps
The Nifty 50 surged past the 23,500 mark as falling crude oil prices and a historic rise in Reliance Industries boosted market sentiment on Tuesday.
AU Small Finance Bank probes possible vehicle loan data breach
AU Small Finance Bank is probing a potential data leak involving vehicle loan customers onboarded through a third-party SaaS platform, affecting 28.5 lakh customers.
Sensex jumps 587 points to 76,279.78 as markets rally
Sensex jumped 587 points to 76,279.78, while Nifty opened above 23,550, driven by gains in FMCG and financial stocks amid positive investor sentiment.
Indian rupee opens 94.66 against US dollar, up 24 paise
The Indian rupee strengthened by 24 paise to 94.66 per US dollar, driven by a sharp decline in crude oil prices that eased concerns over India's import bill.
Chipmaker Marvell buys optical tech firm Lumentum for $115B
Custom chip designer Marvell has announced its acquisition of optical chip and networking equipment maker Lumentum.
Agrani Labs plans $100 million raise with Google, Peak XV, Stargazer
Agrani Labs is negotiating a $100 million funding round with investors including Stargazer, Google, Peak XV Partners, and 360 One.
Venture capitalists increasingly back AI startups including Wonderful, Distyl AI
Venture capital firms are increasingly investing in AI-native services, drawn by their potential for high margins and rapid growth with fewer employees.
Finance leaders say AI future hinges on major tech investments
Tech companies must secure substantial fundraising to meet the soaring capital demands of the AI industry's growth, according to global financial leaders at a recent summit.
BLS Polymers IPO may list 45% above IPO price
BLS Polymers' Rs 255-crore IPO, heavily oversubscribed at 241 times, debuts today with a grey market premium indicating potential listing gains of 45%.
Jeffrey Sachs says India could be biggest economy by 2100
Renowned economist Jeffrey D Sachs predicts India will surpass China in population and become the world’s largest economy by the century's end, amid a multipolar global order.
Australia's central bank raises rate to 4.85% in 5th hike
The Reserve Bank of Australia has increased the official cash rate to 4.85%, marking the highest level since 2008, intensifying pressure on mortgage holders amid surging inflation.
John Ternus warns Apple profits may dip next quarter
Apple anticipates profit pressures due to escalating memory chip prices and increased investments in Siri AI, impacting margins despite recent revenue success.
PIMCO's Emmanuel Roman warns AI financing could hit $10 trillion
Emmanuel Roman, CEO of Pacific Investment Management Co., predicts AI-related financing could reach unsustainable levels, with $2 trillion needed annually over the next five years.
Blackstone President Jon Gray says AI growth requires global fundraising
Blackstone President Jon Gray highlighted the need for more global equity fundraising to meet the AI industry's growing demand, speaking at a financial summit in Hong Kong.
Adani Group seeks $1.5 billion loan to expand data centers
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to expand its data center operations through its joint venture, AdaniConneX, with EdgeConneX.
SUSE to cut about 190 jobs amid AI and automation
SUSE is cutting 10% of its workforce, with CEO Dirk-Peter van Leeuwen citing AI and automation as key factors driving this difficult decision.
Grab boosts full-year outlook to $4.2B sales and $800 million EBITDA
Grab Holdings Ltd. increased its full-year revenue and profit forecasts, driven by strong ride-hailing and food-delivery demand across Southeast Asia despite regulatory challenges.
Apple breaks India revenue record as worldwide sales reach $114.5B
Apple reported an all-time revenue record in India, contributing to a 12% global sales increase, reaching $114.5 billion for the quarter ending September 26.
Vinay Singh leaves Fireside Ventures pursuing agentic commerce, consumer AI
Vinay Singh, co-founder of Fireside Ventures, is leaving the firm after nearly a decade, as the venture capital industry experiences significant senior-level turnover.
OpenAI says ChatGPT users in India doubled since January 2026
OpenAI's ChatGPT has seen its user base in India double, while ride-hailing startup Rapido's annualised gross order value has quadrupled to $4 billion.
Indian markets likely higher amid US midterms and earnings season
Indian stock markets are expected to open positively on Tuesday, with Gift Nifty indicating a 150-point gap-up amid mixed global cues and easing crude oil prices.
US strike at Qeshm Island lifts Brent to $105.25
Brent crude rose 0.5% to $105.25 a barrel after reports of US strikes on Iran's Qeshm Island renewed concerns over Middle East oil supply disruptions.
Disney plans 20% cost cuts with CEO D'Amaro leading layoffs
Disney is reportedly planning thousands of job cuts as CEO Josh D'Amaro seeks 20% annual cost savings to reinvest in films, streaming, technology, and theme parks.
OpenAI hires Dan Driscoll as senior national security modernization counselor
OpenAI has appointed former US Secretary of the Army, Dan Driscoll, to focus on national security modernization and collaborate on AI initiatives with various partners.
Nearly 70 of India's top 100 see foreign stakes fall
Foreign portfolio investments have reached multi-year lows in nearly 70% of India's top 100 companies, with significant reductions in major sectors like banking and IT.
Capillary Technologies's aiRA boosts revenue 51% by unifying customer data
Capillary Technologies' AI platform has driven significant customer acquisition, contributing to a 51% revenue growth and a $10 million sales pipeline in enterprise demand.
TRAI orders 24x7 customer support from telecom providers, ₹20L penalty
Telecom companies are now required to offer round-the-clock consumer support, with non-compliance resulting in fines up to Rs 20 lakh, as per new Trai regulations.
Apple shares fall 4.5% after-hours despite beating revenue and earnings
Apple shares dropped in extended trading after the company's revenue and margin guidance for the upcoming quarter fell short of Wall Street expectations.
Binance hack on October 29 stole $6.3B, hackers lost $119 million
A $6.3 billion theft from Binance by North Korean hackers led to lucrative opportunities for savvy traders, who capitalized on price dislocations in the crypto market.
Tech selloff drags stocks lower, Nasdaq Composite down 715 points
Tech stocks experienced a significant sell-off due to debt-related concerns, overshadowing potential US-Iran peace talks and leading to substantial drops in major indices.
PowerUp Money raises $10 million to boost AI investment advice
PowerUp Money, founded by Jindal in 2024, has raised $10 million in a round led by Flourish Ventures to expand its AI-led wealth management services.
China cuts relending rate to 1% to calm stock market
China is enhancing stock support tools by optimizing terms and lowering fees, aiming to stabilize the market amid ongoing volatility and bolster investor confidence.
Apple $114.48B fiscal Q4 tops estimates on iPhone 18 Pro
Apple's fiscal fourth-quarter sales reached $114.48 billion, surpassing analyst estimates, driven by strong demand for the iPhone 18 Pro lineup and strategic price increases.
OpenAI raises under half of $30B goal, valuation $1.25T
OpenAI's latest funding round fell short, raising less than half of its $30 billion target, as investor confidence wanes amidst financial market uncertainties.
California Gov. Newsom proposes $1B annual tax credits for Hollywood
California Governor Gavin Newsom has proposed a $1 billion annual tax credit plan to support Hollywood, including new incentives for productions covering movie stars’ salaries.
Intel posts worst stock day since 1970s amid PC slump
Intel's foundry ambitions face scrutiny after a 45% stock plunge in October, driven by a worsening PC market outlook and supply constraints affecting chip production.
San Francisco Fed says El Nino could raise US inflation
A San Francisco Fed study warns that the strong El Niño could increase US inflation by 1 percentage point in 2027, adding pressure on the Federal Reserve to raise interest rates.
China records 1st manufacturing slowdown since July in October
China's factory activity growth slowed for the first time since July, with the manufacturing PMI dropping to 52 as new export orders hit a three-month low.
Indian cement makers count on price hikes to boost profits
Cementmakers in India are banking on price increases and seasonal construction activity to counteract rising costs and improve profitability in the second half of the fiscal year.
Squarespace trims about 19% of global staff amid AI push
Squarespace is laying off approximately 19% of its workforce, affecting around 300 employees, as part of a restructuring effort to streamline operations and focus on growth.
Intel shares plunge nearly 30% wiping over $11B US stake
Intel's stock plummeted nearly 30% in one day, erasing over $11 billion from the Trump administration's taxpayer-funded investment, following disappointing revenue forecasts.
Anthropic posts over 1,100% revenue surge to $17B, $23.3B loss
Anthropic reported a 1,100% increase in third-quarter revenue to $17 billion, while disclosing nearly $895 billion in spending commitments ahead of its upcoming IPO.
Meta to raise at least $20B via bonds for AI
Meta is considering a cross-border bond offering to raise at least $20 billion, aiming to fund its extensive AI infrastructure development.
IIT-Madras and Saint-Gobain India launch 2 labs with ₹3.8 cr
Saint-Gobain India and IIT-Madras are collaborating to establish research labs focused on sustainable construction materials and digital technologies for infrastructure.
Petronet LNG working with Qatar to resolve 90+ shipment delays
India's top gas importer, Petronet LNG, is negotiating with Qatar to secure delivery of over 90 delayed liquefied natural gas cargoes amid Middle East disruptions.
Corning opens Pune factory to expand internet and AI capacity
Corning Inc has operationalised a new optical connectivity facility in Pune to meet AI data centre demand, while its Chennai cover-glass plant has entered trial production.
Ambani leads Forbes' billionaire gainers list with $6.3B wealth jump
Reliance Industries Chairman Mukesh Ambani has topped Forbes's billionaire gainers list, adding over $6 billion to his fortune in just one day.
Ryanair considers freezing workers' pay amid rising fuel costs
Ireland-based low-cost airline Ryanair is mulling a temporary wage freeze for its employees and has confirmed that airfares will be "materially higher" next summer.
SpaceX considers buying Boost Mobile to enter US wireless market
SpaceX is reportedly in talks with EchoStar's wireless service, Boost Mobile.
IndiGo warns of higher airfares as jet fuel costs soar
IndiGo's CEO, Willie Walsh, has warned that rising operational costs could lead to an increase in airfares.
EPFO lets members check PF balance on WhatsApp
The Employees' Provident Fund Organisation (EPFO) has launched two new initiatives to simplify its services.
Reliance Industries's m-cap crosses ₹17L crore after shares surge 8%
Reliance Industries Limited (RIL) has witnessed a massive spike in its market capitalization, which crossed ₹17 lakh crore on Monday.
IPO-bound Anthropic eyes $3.5B funding from Japanese investors
Anthropic, a leading artificial intelligence (AI) start-up, is gearing up for an initial public offering (IPO) in the US.
Diwali shopping gets costlier as prices rise across categories
Diwali shopping has become more expensive this year, with prices of appliances rising by 3-7%, traditional sweets by 15%, and pistachios nearly doubling from last year.
India's manufacturing growth slows as PMI falls to 54.7
India's manufacturing sector witnessed a slowdown in October, with the HSBC India Manufacturing Purchasing Managers's Index (PMI) dipping to 54.7 from September's 55.1.
ED files money laundering case against Subhash Chandra
The Enforcement Directorate (ED) has filed a money laundering case against media mogul Subhash Chandra.
How China's new curbs put India's infrastructure projects at risk
China's recent export restrictions on tunnel-boring machines and critical components could pose a threat to India's metro, bullet train, and Himalayan infrastructure projects.
SEBI backs removal of LTCG tax for foreign investors
The Securities and Exchange Board of India (SEBI) has recommended the government scrap the long-term capital gains (LTCG) tax on foreign investors.
Digital lender Fibe makes UPI debut
Digital lending platform Fibe has expanded its financial services portfolio by launching Unified Payments Interface (UPI) services on its app.
JioHotstar launches ads that let viewers shop while streaming content
JioHotstar has launched a new advertising format, StreamToCart Ads, to revolutionize digital marketing.
South Korea unveils record budget focusing on AI and chips
South Korea has announced its largest-ever budget for 2027, with a major focus on artificial intelligence (AI) and semiconductors.
Start-up funding in India falls 61% year-on-year in October
Indian start-ups raised $678 million in October, marking a significant 47.5% decline from the previous month. The drop is largely attributed to the absence of major funding rounds during this period.
New GST rules kick in: What changes for businesses?
The Goods and Services Tax (GST) regime in India has undergone some major changes from November 1.
Tesla, Samsung oppose Trump's new tariffs on Vietnam
Tesla and Samsung have opposed the imposition of new tariffs on Vietnamese goods by the US.
Binance's net-outflows reach $3.6B as withdrawals resume after $6.3B hack
Binance, one of the world's largest cryptocurrency exchanges, has announced a phased resumption of its withdrawal services.
Gold crashes to 1-year low: Is it time to buy?
October 2026 proved to be a tough month for precious metals like gold, silver, and platinum.
IDBI Bank strike begins today: What customers need to know
IDBI Bank has issued a customer advisory ahead of a two-day bank strike starting today.
RIL shares jump 6% as company reports record quarterly performance
Shares of Reliance Industries Limited (RIL) jumped 6% to ₹1,238.70 today, following the company's strongest-ever quarterly performance.
Sensex jumps 1,000 points: What's behind today's rally?
India's stock market indices, the Sensex and Nifty, opened on a high note today. The surge comes as oil prices retreated from a six-month high amid ongoing talks to end the US-Iran war.
New airfare rules make cancellation charges, refund terms upfront
The Indian government has introduced a new set of aviation rules, mandating airlines to clearly display cancellation charges and refund conditions.
SEBI plans to remove inactive companies from stock market listings
The Securities and Exchange Board of India (SEBI) is planning to delist companies that have no economic activity from stock exchanges.
Prosus gets regulator nod to acquire stake in Navi
The Competition Commission of India (CCI) has approved Dutch investment group Prosus's proposal to acquire a stake in Navi Ltd.
Footage shows how PNB employee stole crores from customer accounts
A Punjab National Bank (PNB) office assistant, Deepanshi Sharma, has been accused of embezzling money from customers at the bank's Sector Pi-1 branch in Greater Noida.
Indian government can intervene in airline tariffs under new rules
The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.
GST collections hit ₹2.3L crore in October, up 22.9% YoY
India's gross Goods and Services Tax (GST) collection for October stood at ₹2.31 lakh crore, a whopping 22.9% increase from the same month last year, official data released on November 1 showed.
Foreign investors continue sell-off, withdraw ₹34,800cr in October
Amid rising economic fears, foreign portfolio investors (FPIs) withdrew ₹34,843 crore from Indian equities in October.
IDBI Bank strike on November 2-3: What customers should know
IDBI Bank has received a notice of strike from the Association/Union for November 2 and 3.
UPI processes ₹1L crore in daily transactions for 1st time
The Unified Payments Interface (UPI) has hit a new milestone, processing an average of over ₹1 lakh crore in transactions per day for the first time in October.
OpenAI reportedly cuts funding target by $10B ahead of IPO
OpenAI has reportedly lowered its funding target for the latest round by $10 billion.
Apple overtakes NVIDIA to become world's most valuable company
Apple has reclaimed its position as the world's most valuable company, surpassing NVIDIA.
Commercial LPG cylinder price hiked by ₹10
The price of a 19-kg commercial liquefied petroleum gas (LPG) cylinder has been increased by ₹10 to ₹2,820 from today.
Rajasthan man shocked by ₹10L crore lien on his account
In a bizarre turn of events, a 22-year-old medical store employee from Sikar, Rajasthan, found a lien of ₹1 lakh crore on his Kotak Bank account.