Business News
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Reliance shares hit all-time high despite GST penalty
Despite a ₹56 crore GST penalty, Reliance Industries' share price hit a record high, demonstrating strong buying momentum.
NPCI Bharat BillPay rolls out 'Banking Connect' to make digital banking simpler
NPCI Bharat BillPay Limited (NBBL) has unveiled Banking Connect, a platform designed to streamline internet and mobile banking processes.
SAP's AI-powered business platform: What's the buzz?
SAP's President, Michael Ameling, reveals that early adopters of their AI-native strategy are already experiencing a return on investment.
Purple Wave Infocom's SME IPO: Here's what you need to know
Purple Wave Infocom has launched its Rs 31.45 crore SME IPO with a neutral grey market premium (GMP) of 0%, inviting subscriptions until December 2.
Indian stock markets likely to open flat on Friday
Indian domestic markets are expected to open flat on Friday, with a focus shifting towards underperforming small and mid-cap stocks.
Sebi's new ₹2,000 push for small-town and women mutual fund investors
The Securities and Exchange Board of India (Sebi) plans to offer a ₹2,000 incentive to mutual fund distributors for attracting investors from smaller cities and women.
Meesho's IPO is here—big payday for founders and early backers
The upcoming Meesho IPO, valuing the company at Rs 50095.75 crore, promises massive returns for founders Vidit Aatrey and Sanjeev Kumar, as well as early investors.
Meesho IPO: Price band, lot size, and other details
SoftBank-backed e-commerce firm, Meesho, has set its IPO price band at ₹105 to ₹111 per share. The subscription dates are from December 3-5, aiming to raise ₹4,250 crore.
Asian stocks dip, but China stands out
Asian stocks opened lower on Friday, losing momentum as global equities remained flat and investors closely monitored Chinese stocks following JPMorgan's upgrade.
Dutch chipmaker ASML to set up office in GIFT City
Dutch semiconductor equipment maker ASML is reportedly planning to establish a customer support office in Gujarat's GIFT City, as part of its expansion strategy in India.
Swiggy, Zepto eye ₹15,000cr fundraise for quick commerce expansion
Swiggy and Zepto are intensifying their battle for quick commerce market share, eyeing potential public market fundraises totalling up to Rs 15,000 crore.
Indian companies now link your work performance to how well you use AI
India's corporate sector is encouraging employees to incorporate artificial intelligence (AI) into their daily tasks and performance metrics to enhance productivity and innovation.
'Pre-planned': Vijay Singh says his Tata Sons exit was a setup
Vijay Singh, former vice chairman of Tata Trusts, alleges his removal from Tata Sons was premeditated and orchestrated, following recent trustee disagreements.
Avaada Group's ₹1 lakh crore push for clean energy by 2030
Avaada Group, a key player in renewable energy, plans to invest ₹1 lakh crore over five years to increase its generation capacity and expand manufacturing.
Zerodha invests $5M in Tijori to boost stock analytics platform
Tijori Finance, a Bengaluru-based stock analytics platform, has secured a $5 million (approximately ₹45 crore) investment from brokerage firm Zerodha.
Paying via UPI? Here's how to earn more cashbacks
As Unified Payments Interface (UPI) apps expand their cashback and points programs, users are keen to know how these rewards work.
India's space sector seeks 3x funding boost in Budget 2026
The Satcom Industry Association of India (SIA-India) has urged Finance Minister Nirmala Sitharaman to triple the budget allocation for the country's space sector.
India's Q2 GDP growth estimated at 7-7.5%: Finance Ministry
Indian economy is likely to have expanded by 7-7.5% in the July-September quarter (Q2) of FY26, a Finance Ministry report said on Thursday.
Ganesh Housing shares surge after Ahmedabad named Commonwealth Games host
Ganesh Housing Ltd., a real estate developer, witnessed a massive surge in its share price on Thursday.
Centre moves SC against states' power to tax mining lands
The central government has filed a curative petition in the Supreme Court, challenging its earlier decision that empowered states to levy taxes on mining and mineral-bearing lands.
Apple's original founding document, signed by Jobs, heads to auction
The original document that officially created Apple in 1976 is going up for auction.
Apple's 5th store in India to open in this city
Apple is gearing up to launch its fifth retail store in India, according to industry speculation.
Bitcoin recovers to $91,000 amid institutional buying, market optimism
Bitcoin has surged back to the $91,000 mark, a jump of 4.52% in the last 24 hours. The surge is attributed to renewed buying interest and improved market sentiment.
SEBI approves ICICI Prudential AMC's ₹10,000cr IPO
The Securities and Exchange Board of India(SEBI) has approved the initial public offering (IPO) of ICICI Prudential Asset Management Company (AMC).
Nadella asks Microsoft leaders to rethink business for AI era
Microsoft CEO Satya Nadella has sent an internal memo urging senior leaders to rethink the company's business model for the artificial intelligence (AI) age.
Apple sued over alleged use of conflict-linked minerals
A Washington-based advocacy organization, International Rights Advocates (IRAdvocates), has filed a lawsuit against Apple, alleging the company used minerals tied to conflict and human rights abuses in the Democratic Republic of Congo (DRC) and Rwanda.
OpenAI needs $207B to stay afloat
OpenAI, a leading artificial intelligence (AI) company, may need to raise a whopping $207 billion by 2030 just to stay in business.
Apple challenges India's antitrust law amid potential $38B fine
Apple has challenged India's new antitrust penalty law, which could see the tech giant facing a fine of up to $38 billion.
Sensex crosses 86,000 for first time, Nifty hits record high
The Indian stock market witnessed a major surge today, with the Nifty 50 hitting a new lifetime high after 14 months.
ED arrests WinZO co-founders in money laundering case
Saumya Singh Rathore and Paavan Nanda, the co-founders of online gaming platform WinZO, have been arrested by the Enforcement Directorate (ED) on money laundering charges.
Why Allianz is planning to fire around 1,800 employees
German insurance giant Allianz is planning to lay off between 1,500 and 1,800 employees in its travel insurance division.
Delhi HC to hear Apple's plea against CCI next month
Apple has challenged a recent amendment to the Competition Act, 2002, which allows the Competition Commission of India (CCI) to impose penalties based on a company's global turnover.
Why many income tax refunds for FY25 are still stuck
Many taxpayers are yet to receive their income tax refunds for FY 2024-25 or AY 2025-26. The delay has prompted people to frequently check the income tax portal for updates.
Africa's richest man plans to invest in Indian data centers
Aliko Dangote, Africa's wealthiest man and the President of the Dangote Group, is considering investing in data centers in India.
Why Italy is expanding its antitrust probe into Meta
Italy's antitrust authority, the AGCM, has expanded its investigation into Meta.
AI effect: Consulting giant McKinsey fires 200 tech employees
McKinsey & Company has laid off around 200 tech employees globally in the last week.
Did crypto exchange Binance help terrorists?
Binance, the world's largest cryptocurrency exchange, and its founder Changpeng Zhao are facing a lawsuit in the United States.
Indian retail investors sell stocks at fastest pace since 2023
Indian retail investors, including proprietary traders and direct stock buyers, have sold ₹19,700 crore ($2.2 billion) worth of local shares on a net basis this quarter.
Apple set to overtake Samsung as world's top smartphone maker
Apple is on track to reclaim its title as the world's largest smartphone manufacturer, a position it last held over a decade ago.
Andhra Pradesh: Reliance's JV to build data centers for ₹98,000cr
Digital Connexion, a joint venture of Reliance Industries, Brookfield, and US-based Digital Realty, has announced an investment of $11 billion (around ₹98,000 crore) by 2030.
Sensex surges 800 points, Nifty touches 26,100: What's driving rally?
The Indian stock market witnessed a massive surge today, with the Sensex soaring nearly 800 points to hit an intraday high of 85,376.98.
MCX shares cross ₹10,000 for 1st time: What's the reason?
The shares of Multi Commodity Exchange of India (MCX) hit a new high of ₹10,148 on the BSE today.
SoftBank acquires US chipmaker Ampere Computing for $6.5B
SoftBank Group has completed the acquisition of US-based chip start-up, Ampere Computing LLC, for a whopping $6.5 billion.
Why MapmyIndia and Zoho have joined hands
MapmyIndia has announced a strategic partnership with Zoho Corporation, a provider of cloud-based business software.
HP to cut 6,000 jobs amid rising costs, weak demand
HP has announced plans to cut its global workforce by 4,000-6,000 employees. The move is part of a long-term restructuring strategy that will continue until fiscal 2028.
Why Apple challenged India's competition law in Delhi HC
Apple has filed a petition with the Delhi High Court, challenging certain provisions of India's competition law.
India's Russian oil imports to hit 3-year low next month
India's imports of Russian oil are projected to fall to a three-year low in December, according to trade and refining sources of Reuters.
TSMC sues former executive who moved to Intel: Here's why
Taiwan Semiconductor Manufacturing Company (TSMC) has filed a lawsuit against its former Senior Vice President Wei-Jen Lo in Taiwan's Intellectual Property and Commercial Court.
Why 10 trade unions are opposing India's new labor codes
Ten trade unions have opposed the recently implemented four labor codes in India, calling them "genocidal attacks on the lives and livelihoods of workers."
Should you invest in AI stocks right now?
Investment in artificial intelligence (AI) stocks has been the talk of the town in 2025.
Adani launches ₹25,000cr rights issue to fund infrastructure projects
Adani Enterprises, the flagship company of billionaire Gautam Adani's conglomerate, has launched a massive ₹24,930 crore rights issue on the Indian stock market.
India's FY26 GDP growth forecast revised upward to 7%
India Ratings and Research (Ind-Ra) has upgraded its Gross Domestic Product (GDP) growth forecast for the current fiscal year to 7%.
DOGE denies report it's shutting down, calls it 'fake news'
The Department of Government Efficiency (DOGE), a quasi-US government agency conceptualized by Elon Musk, has denied reports of its closure.
China floods India with cheap soyoil amid weak domestic demand
China's soybean oil exports to India have skyrocketed, as weak domestic demand coincides with strong imports from South America and the US.
IPO-bound start-ups focusing on profitability as investors grow more selective
A fresh trend is taking shape among Indian start-ups gearing up for their intial public offerings (IPOs).
Gig workers get legal recognition under new labour laws
The Indian government has officially granted legal recognition to millions of gig and platform workers under its new labour laws.
Sensex falls for 3rd consecutive session: What's behind the decline?
India's stock market indices, the Sensex and Nifty 50, witnessed a decline for the third consecutive session on Tuesday.
Will SEBI's new rule affect your demat account?
The Securities and Exchange Board of India (SEBI) has proposed revisions to the rules governing Basic Services Demat Accounts (BSDA).
ED can attach assets in ₹2,400cr betting scam: Delhi HC
The Delhi High Court has ruled that the Enforcement Directorate (ED) can attach assets linked to forgery, cheating, and conspiracy under the Prevention of Money Laundering Act (PMLA).
Dutch bank ABN AMRO to slash 5,200 jobs
Amsterdam-headquartered ABN AMRO has announced plans to cut 5,200 full-time jobs by 2028.
With $255B, this Google co-founder is now world's 2nd-richest person
Google co-founder Larry Page has overtaken Oracle's Larry Ellison to become the world's second-richest person.
Why Modi government might levy import tariff on steel products
India, the world's second-largest producer of crude steel, is mulling an import tariff on certain steel products.
This Indian contract manufacturer wants to raise $750M via IPO
Bengaluru-based contract manufacturer Zetwerk is gearing up to raise between $500 million and $750 million through an initial public offering (IPO).
India's economy will cross $4T this fiscal year?
India's Chief Economic Advisor, V Anantha Nageswaran, has predicted that the country's economy will surpass the $4 trillion mark in the current fiscal year.
Why your portfolio is bleeding despite Sensex nearing record high
India's stock market is witnessing a contraction, with many retail investors disappointed by their portfolio returns. This comes even as the BSE benchmark Sensex nears its all-time high.
Reliance Industries stocks hit 52-week-high: Should you buy or sell?
Reliance Industries Limited (RIL) has hit a 52-week high, with its share price rising over 1% to ₹1,552 in today's trading session.
How Indians are spending their money
A recent survey by the Economic Advisory Council to the Prime Minister (EAC-PM) has revealed a major shift in household spending patterns in India.
Why US wants Europe to reconsider rules for Big Tech
US Commerce Secretary Howard Lutnick has urged Europe to reconsider its regulations on Big Tech companies, in exchange for lower tariff rates on European steel and aluminum exports.
Gold set for new highs, could hit $5,000 next year
Gold prices continued their historic rally on Tuesday, hitting around $4,175 per ounce. The surge is largely driven by expectations of a US Federal Reserve rate cut in December.
You can soon buy Wipro's pet food in India
Wipro Consumer Care & Lighting, the consumer division of Wipro Enterprises, is all set to enter India's booming pet food market, as per HT Mint.
How closing a personal loan impacts your credit score
Closing a personal loan in India can have a temporary impact on your credit score, but it is not as bad as it seems.
Yatra shares down 6% today: Here we decode why
Shares of Yatra Online, a leading travel and tour services company, plunged over 6% in intraday trade today.
Wealth-tech start-up Scripbox becomes profitable after 12 years
Scripbox, a wealth management platform, achieved profitability for the first time in the financial year ending March 2025.
Bitcoin rebounds from 7-month low to $88K, Ethereum jumps 3%
Bitcoin, the world's leading cryptocurrency, has seen a strong recovery from its recent seven-month low of $81,000.
Bitcoin crashes over 21% in November amid forced liquidations
Bitcoin, the world's most traded cryptocurrency, has witnessed its worst monthly decline in over three years.
Google, Accel team up to fund AI start-ups in India
Google has teamed up with venture capital firm Accel to back early-stage artificial intelligence (AI) start-ups in India.
RBI sold nearly $8B in September to stabilize falling rupee
The Reserve Bank of India (RBI) sold a net $7.91 billion in the foreign exchange market in September, data released on Monday showed.
In a rare move, Apple lays off dozens
Apple has cut several dozen roles in its global sales division, an unusual move for the company.