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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

04 Nov 2026
• TL;DR

THORChain's RUNE jumps nearly 10% after tradertraitor launders Binance proceeds

THORChain's native token, RUNE, surged nearly 10% as North Korean hackers resumed laundering Binance heist proceeds through the decentralized exchange.

04 Nov 2026
• TL;DR

Democratic midterm wins reshape A.I. data center plans in Texas

Democratic electoral gains raise concerns over stricter regulations on data centres, potentially slowing the AI-driven economic growth and expansion plans in the US.

04 Nov 2026
• TL;DR

Aditya Birla Group plans $35B expansion over next 10 years

Kumar Mangalam Birla signals potential expansion for Aditya Birla Group, emphasizing manufacturing as a key focus for 2027 due to strong financial health and strategic positioning.

04 Nov 2026
• TL;DR

Indian GCCs drive global AI shift, reshaping work and leadership

Global Capability Centers (GCCs) in India are becoming pivotal in designing, testing, and scaling AI transformations for global enterprises.

04 Nov 2026
• TL;DR

India's GCCs now lead projects creating IP and driving AI

India's Global Capability Centres are evolving into strategic hubs, driving enterprise-wide transformation and innovation through AI and intellectual property ownership.

04 Nov 2026
• TL;DR

Larry Ellison says AI will not displace enterprise app developers

Larry Ellison argues that while AI will simplify software development, companies will still rely on software firms to create industry-specific applications.

04 Nov 2026
• TL;DR

Small Indian fashion sellers reach global customers through online marketplaces

Small Indian fashion sellers are expanding internationally by leveraging online marketplaces, overcoming logistical challenges, and tapping into overseas demand for ethnic wear.

04 Nov 2026
• TL;DR

BMW cuts profit forecast, expects slight loss to break even

BMW has issued its second profit warning this year, citing restructuring costs including 8,000 job cuts as it faces intense competition from Chinese automakers.

04 Nov 2026
• TL;DR

BharatPe hires Moahit Mittal to boost wealth management and partnerships

BharatPe has appointed Moahit Mittal, a former Bajaj Finance executive, as head of investments to expand its wealth management business beyond payments and lending.

04 Nov 2026
• TL;DR

Vodafone Idea launches Vi Intelligence, partners with PwC India

Vodafone Idea has launched the 'Vi Intelligence' initiative, partnering with PwC India to develop agentic enterprise AI solutions through the new Vi Intelligence Lab.

04 Nov 2026
• TL;DR

Dabur CEO Mohit Malhotra resigns to take overseas leadership role

Mohit Malhotra has resigned as Global CEO of Dabur India, effective November 13, 2026, to pursue personal interests and a leadership role overseas.

04 Nov 2026
• TL;DR

General Catalyst's Customer Value Fund commits $500 million to Nooks

Nooks has received a $500 million commitment from General Catalyst's Customer Value Fund to enhance its sales and marketing efforts, aiming for significant expansion.

04 Nov 2026
• TL;DR

Democrats take control of Congress, Tesla and SpaceX valuations drop

Shares of Tesla and SpaceX dropped as Democrats gained control of Congress, raising investor concerns about regulatory scrutiny and the future of Musk's business ventures.

04 Nov 2026
• TL;DR

Unilever invests €35m to upgrade Mumbai and Bengaluru R&D

Unilever announced a €35 million investment to enhance its R&D hubs in Mumbai and Bengaluru, focusing on AI-powered innovation and establishing a Bio-Futures partnership platform.

04 Nov 2026
• TL;DR

Nykaa Q2 FY27 profit triples to ₹101.2cr driven by beauty

Nykaa's parent company, FSN E-Commerce Ventures, reported a net profit increase to ₹101.2 crore in Q2 FY27, with revenue rising 28% year-on-year to ₹3,006 crore.

04 Nov 2026
• TL;DR

Clean Max targets 4 GW renewable capacity by FY29

Clean Max Enviro Energy Solutions aims to add 4 GW of renewable energy capacity over FY28-29, driven by rising demand from data centers and AI sectors.

04 Nov 2026
• TL;DR

Revolut reaches $115 billion valuation after fresh institutional investments

Revolut's latest fundraising round, led by major investors, has set its valuation at $115 billion as the fintech company expands its banking operations globally.

04 Nov 2026
• TL;DR

Nykaa buys 82% stake in Simply Nam for ₹33cr

Nykaa has acquired an 82% stake in Simply Nam, a beauty brand founded by celebrity makeup artist Namrata Soni, for Rs 33 crore.

04 Nov 2026
• TL;DR

Biocon posts 57.3% July-September 2026 profit drop amid rising expenses

Biocon Ltd reported a 57.3% decline in consolidated net profit to ₹56.7 crore for the September quarter of FY27, despite a slight increase in total income.

04 Nov 2026
• TL;DR

NPCI launches NTSL to develop AI, blockchain digital finance solutions

The National Payments Corporation of India (NPCI) has established NPCI Tech Solutions Limited to focus on AI, blockchain, and digital financial infrastructure advancements.

04 Nov 2026
• TL;DR

Eurozone inflation hits 4% in October as energy prices soar

Inflation in the euro area surged to 4% in October, driven by rising energy costs, as the European Central Bank considers an interest rate hike amid economic challenges.

04 Nov 2026
• TL;DR

IndiQube posts 34% Q2 FY27 revenue to ₹475cr H1 ₹904cr

IndiQube reported a revenue of Rs 475 crore in Q2 FY27, marking a 34% year-over-year increase, with PAT surging by 66% to Rs 92 crore.

04 Nov 2026
• TL;DR

Bitcoin nears $78,330 as Ethereum crosses $2,317 after US midterms

Bitcoin trades near $78,600, while Ethereum is at $2,300 as US midterm election results spotlight potential changes in crypto regulation and influence market sentiment.

04 Nov 2026
• TL;DR

Sensex hits 77,301.40 as Nifty tops 23,950 on foreign inflows

Indian equity benchmarks extended their winning streak with the Sensex rising 384 points and the Nifty reclaiming 23,950, while IT stocks faced pressure amid mixed global cues.

04 Nov 2026
• TL;DR

Canva reorganizes its workforce as generative AI reshapes creative work

Generative AI is transforming creative industries, prompting companies like Canva to reorganize their workforce amid evolving business models and technological advancements.

04 Nov 2026
• TL;DR

P. N. Vasudevan resigns, Equitas names Balaji Nuthalapadi interim CEO

Equitas Small Finance Bank has appointed Balaji Nuthalapadi as interim CEO, pending RBI approval, following the resignation of founder P.N. Vasudevan amid investor concerns.

04 Nov 2026
• TL;DR

Nifty closes above 23,900 as Sensex climbs to 77,301

Indian equity benchmarks extended their winning streak to five sessions, with the Nifty closing at a two-month high of 23,961, supported by gains in Reliance and HDFC Bank.

04 Nov 2026
• TL;DR

Lenskart profit more than doubles to ₹232.5cr, revenue ₹2,845cr

Lenskart's net profit surged over two-fold to Rs 232.5 crore in the September quarter, while revenue from operations increased by 36% year-on-year to Rs 2,845 crore.

04 Nov 2026
• TL;DR

India's venture capital down 3% as global funding jumps 137%

India's venture capital funding dropped by 3% year-on-year in Q1-Q3 2026, contrasting with a global investment surge of 137%, according to GlobalData's analysis.

04 Nov 2026
• TL;DR

Alembic Pharmaceuticals stock jumps 20% after Q2 FY27 results

Alembic Pharmaceuticals' shares soared 20% on November 4, following a robust Q2 FY27 performance with an 81.1% net profit increase and a 36.3% revenue growth.

04 Nov 2026
• TL;DR

Suzlon Energy shares climb over 10% on Grasim recyclable blades

Shares of Suzlon Energy Ltd. surged up to 5% following a collaboration with Grasim to develop India's first wind turbines featuring recyclable blades using recyclamine technology.

04 Nov 2026
• TL;DR

KPMG report finds global leaders note rising risks, tech threat

A KPMG report reveals that 70% of global business leaders have experienced increased risk exposure due to AI and geopolitical disruptions over the past two years.

04 Nov 2026
• TL;DR

Morgan Stanley uses DTCC blockchain tokenization service for US securities

Morgan Stanley is among the first banks to adopt a new Wall Street tokenization system, converting US stocks and Treasuries into digital assets on a blockchain platform.

04 Nov 2026
• TL;DR

Motilal Oswal recommends Bharat Electronics buy with ₹540 target

Motilal Oswal recommends a buy rating for Bharat Electronics, setting a target price of Rs 540, citing strong financial performance and anticipated order inflows.

04 Nov 2026
• TL;DR

Motilal Oswal recommends buy on Arvind Fashions at ₹500

Motilal Oswal recommends buying Arvind Fashions, setting a target price of Rs 500, citing strong retail growth and a shift towards higher-margin direct-to-consumer channels.

04 Nov 2026
• TL;DR

Sugar prices up over ₹4/kg nationwide after 2025-26 shortfall

Sugar prices have increased by over ₹4 per kg in the past month due to tight supplies, with retail prices averaging ₹59.50 per kg and wholesale at ₹55.40 per kg.

04 Nov 2026
• TL;DR

Union Cabinet approves ₹14,500cr 92 GWh grid energy storage project

The Union Cabinet has sanctioned a ₹14,500-crore scheme to develop 92 GWh of grid-scale energy storage capacity in India, set for implementation from 2026-27 to 2030-31.

04 Nov 2026
• TL;DR

Emkay Global lifts Minda target to ₹900 after strong quarter

Emkay Global Financial recommends a buy on Minda Corporation, setting a target price of Rs 900, following strong revenue growth and resilient margins despite commodity headwinds.

04 Nov 2026
• TL;DR

Meta launches 1st euro bond sale and plans $15B offering

Meta Platforms has launched its inaugural euro-denominated bond sale to finance AI and infrastructure investments, amidst ongoing concerns about growth in the tech sector.

04 Nov 2026
• TL;DR

Indian airlines expand fleets and shift repairs to domestic MRO

Indian airlines are focusing on boosting domestic Maintenance, Repair, and Overhaul (MRO) capabilities as their aircraft fleets expand, with the market projected to triple by 2035.

04 Nov 2026
• TL;DR

Highway infrastructure shares jump 61.76% after ₹198.31 cr CPWD win

Shares of Highway Infrastructure Ltd surged 61.76% over the past month, driven by a major Rs 198.31 crore contract win and strategic business expansions.

04 Nov 2026
• TL;DR

Google offers buyouts in 5 countries amid rising AI costs

Google has expanded its voluntary exit packages to employees in Canada, France, Germany, Japan, and Switzerland to manage rising costs amid significant AI investments.

04 Nov 2026
• TL;DR

L&T Finance launches Pitch Point 2.0 to showcase AI startups

L&T Finance's Pitch Point returns, offering AI startups a platform to showcase innovations and form strategic partnerships with industry leaders ahead of RAISE’ 26.

04 Nov 2026
• TL;DR

RBI launches TCCFM to support India's money, bonds, forex markets

The Reserve Bank of India has established a Technical Consultative Committee to address challenges in money, forex, and bond markets, chaired by an RBI Deputy Governor.

04 Nov 2026
• TL;DR

BHEL wins 4 Adani Power projects totaling up to 28,000cr

State-owned BHEL has received four projects from Adani Power, valued between ₹20,000 crore and ₹28,000 crore, involving supply of equipment and services for 2x800 MW power plants.

04 Nov 2026
• TL;DR

Emkay Global sets ₹2,050 target for NSE shares despite setbacks

Emkay Global Financial recommends a buy rating on NSE with a target price of Rs 2050, citing satisfactory performance despite challenges and potential growth from new initiatives.

04 Nov 2026
• TL;DR

Mohalla Tech revenue up 40% to ₹1,016cr, pretax loss ₹1,978cr

ShareChat's operating revenue surged by 40% to Rs 1,016 crore in FY26, driven by its microdrama initiatives, while its net loss before tax expanded to Rs 1,978 crore.

04 Nov 2026
• TL;DR

Max Healthcare gets Anand Rathi buy rating with ₹1,200 target

Anand Rathi has issued a buy rating for Max Healthcare, setting a target price of Rs 1200, following the company's strong performance in 2QFY27 with significant revenue growth.

04 Nov 2026
• TL;DR

Gold and silver rally after Democrats win control of Congress

Gold and silver prices surged on November 4, driven by a weaker US dollar and falling crude oil prices, as Democrats gained control of Congress in the 2026 midterm elections.

04 Nov 2026
• TL;DR

Jeff Leiden of Vertex says AI drug breakthroughs remain elusive

Silicon Valley tech leaders claim AI will cure most diseases within a decade, but drugmaker CEOs argue that biology's complexity makes such promises unrealistic.

04 Nov 2026
• TL;DR

RBI launches TCCFM to boost financial market efficiency and resilience

The Reserve Bank of India has formed a consultative panel to enhance the efficiency, liquidity, and resilience of financial markets, chaired by Deputy Governor Rohit Jain.

04 Nov 2026
• TL;DR

US stock futures mixed after Democrats flip both chambers

US futures showed a mixed response following the Democratic sweep in Congress, with Nasdaq futures leading losses due to concerns over potential AI regulation.

04 Nov 2026
• TL;DR

FPIs pull ₹17,417cr from Indian far bonds after Bloomberg delay

Foreign portfolio investors withdrew Rs 17,417 crore from government securities under the Fully Accessible Route in September and October, reversing earlier buying trends.

04 Nov 2026
• TL;DR

Novo Nordisk raises full-year forecast on Wegovy weight-loss drug sales

Novo Nordisk has increased its full-year outlook after reporting stronger-than-expected quarterly earnings, driven by impressive sales of its Wegovy weight-loss pill.

04 Nov 2026
• OpenAI

AMD books $1B charge tied to OpenAI, Meta deals

Advanced Micro Devices (AMD) is witnessing a major impact on its profits due to its strategy of giving away stakes in its future success.

04 Nov 2026
• TL;DR

Tata Consultancy Services survey: leaders back AI efficiency, distrust autonomy

A TCS study reveals that while 84% of executives see productivity gains from AI, only 10% allow it to make decisions autonomously, highlighting a gap in trust.

04 Nov 2026
• TL;DR

Bitcoin rebounds near $78,000 after US midterms as markets calm

Bitcoin has surged to nearly $78,000 following a V-shaped recovery as U.S. midterm election results reduced political uncertainty and boosted market confidence.

04 Nov 2026
• TL;DR

Supreme Court rules states may impose surcharges despite GST

The Supreme Court upheld states' authority to impose additional sales tax surcharges, affirming their legislative competence under the State List, despite GST's current framework.

04 Nov 2026
• TL;DR

India's middle class borrows heavily as loan repayments strain incomes

India's middle class is experiencing a spending surge, fueled by expanded credit access, but this boom comes with rising household debt and increased financial vulnerability.

04 Nov 2026
• TL;DR

MCX gold futures jump ₹510 to ₹1,39,962 amid demand bets

Gold futures for December delivery increased by ₹510, reaching ₹1,39,962 per 10 grams on the MCX as market participants created fresh positions amid strong spot demand.

04 Nov 2026
• TL;DR

Sensex 288-point gain lifts Indian markets amid inflows, cheaper oil

Sensex and Nifty extended their rally for the fifth consecutive day, driven by foreign fund inflows and easing crude oil prices, with Sensex climbing 288 points in early trade.

04 Nov 2026
• TL;DR

Emaar Properties offers 15 dirhams per share for Emaar Development

Emaar Properties PJSC has proposed a multibillion-dollar deal to acquire full ownership of its construction arm, Emaar Development PJSC, amid challenging market conditions.

04 Nov 2026
• TL;DR

Fractal posts 20% revenue growth to ₹956cr and ₹79cr profits

Fractal reported a 20% year-on-year revenue growth to Rs 956 crore in Q2 FY27, with profits surging 2.4 times to Rs 79 crore during the quarter.

04 Nov 2026
• Indian Economy

India's services growth hits 4-month high

India's services sector, a key driver of the economy, has witnessed its fastest growth in four months.

04 Nov 2026
• TL;DR

Sensex rebounds nearly 2,900 points as foreign investors pour money

The Sensex has surged nearly 3,000 points as foreign institutional investors return, reversing months of selling and boosting market sentiment on Dalal Street.

04 Nov 2026
• TL;DR

India services PMI 55.8 in October driven by domestic demand

India's services sector expanded at its fastest pace in four months in October, driven by strong domestic demand, despite subdued hiring and weak international orders.

04 Nov 2026
• TL;DR

AI stocks slide after Gina Hinojosa elected Texas governor

Nasdaq-100 futures and AI-linked stocks dropped as Democrat Gina Hinojosa's win in the Texas governor race raised concerns over potential data center restrictions.

04 Nov 2026
• TL;DR

Rupee rises 14 paise to 94.61 as Sensex jumps 435

The rupee appreciated by 14 paise to 94.61 against the US dollar in early trade, driven by declining crude oil prices and a weaker dollar.

04 Nov 2026
• TL;DR

EloElo raises $80 million from NBCUniversal and Hornbill Capital valued $500 million

India's EloElo has raised $80 million from NBCUniversal, capitalizing on the booming microdrama market, with over 118 million monthly users and a valuation of $500 million.

04 Nov 2026
• Australia

Canva's biggest restructuring affects 22% of its workforce

Canva, one of Australia's most valuable tech start-ups, has announced a major restructuring plan that will see over 1,200 employees laid off or relocated.

04 Nov 2026
• TL;DR

Carver Roboweld lists on BSE SME at ₹90, 12.5% premium

Carver Roboweld shares listed at a 12.5% premium on the BSE SME platform, opening at Rs 90 per share compared to the IPO price of Rs 80.

04 Nov 2026
• TL;DR

Bitcoin falls to $75,700, rebounds to $76,700 after US midterms

Bitcoin briefly fell to $75,700 as early U.S. midterm results suggested a potential Democratic sweep, raising fears of tighter regulation and impacting global markets.

04 Nov 2026
• TL;DR

India's startups reach 51 firms valued above $500 million

India's startup ecosystem boasts 51 companies valued over $500 million in 2026, with a combined valuation of $34.1 billion, according to the Hurun report.

04 Nov 2026
• Amul

Amul hikes butter, ghee prices ahead of Diwali

Amul has increased the prices of ghee and butter ahead of Diwali. The company has increased the cost of a 1kg carton of ghee by ₹50 to ₹680.

04 Nov 2026
• TL;DR

Brent and WTI retreat as US midterms stir market uncertainty

Crude oil futures declined on Wednesday morning as markets closely monitored the US mid-term election outcomes, with Brent and WTI futures both experiencing a drop in prices.

04 Nov 2026
• TL;DR

Rajasthan-based Sitaram Denims India files SEBI IPO for 3.09cr shares

Sitaram Denims India, a Rajasthan-based fabric manufacturer, has filed draft papers with SEBI to raise funds through an IPO of 3.09 crore equity shares.

04 Nov 2026
• TL;DR

Sensex up 352.20, Nifty rises as FIIs buy, crude drops

Benchmark indices Sensex and Nifty rose for the fifth consecutive session on November 4, driven by strong FII buying and easing crude oil prices.

04 Nov 2026
• TL;DR

BLS Polymers shares jump 92% to ₹288 after listing

BLS Polymers shares rose 7% on Wednesday, reaching a record high of ₹288, marking a 92% increase over its IPO price of ₹150.

04 Nov 2026
• TL;DR

Amul raises ghee and butter prices ahead of Diwali

Amul has increased the prices of ghee and butter ahead of Diwali due to rising demand and supply shortages, with ghee up by Rs 50 and butter by Rs 15.

04 Nov 2026
• TL;DR

ChatGPT ads struggle in India with low conversions, high costs

ChatGPT ads in India face scrutiny as marketers report high costs and conversion rates below 1.5%, prompting a cautious approach despite initial interest from brands.

04 Nov 2026
• TL;DR

Democrats pull ahead early despite Elon Musk's $474 million for Republicans

Elon Musk's substantial political donations appear ineffective as early 2026 midterm results show Democrats leading, despite his $474 million investment in Republican campaigns.

04 Nov 2026
• TL;DR

Indian markets rally 5th day as investors eye US midterms

Sensex and Nifty opened in green on Wednesday, extending gains as investors monitored the US midterm elections, which could impact global energy prices and AI sector growth.

04 Nov 2026
• Tesla

How Indian investors allegedly lost ₹100cr in Stockal trading scam

Nearly 30 retail investors have reported unauthorized access to their Stockal accounts and liquidation of their US stock holdings.

04 Nov 2026
• TL;DR

Japan's Nikkei falls 3.56% to lowest since July 29

Japan's Nikkei index fell over 3% as AI-related stocks plummeted, driven by concerns over potential tighter US regulations following Democratic gains in the midterm elections.

04 Nov 2026
• TL;DR

Indian rupee gains 4th day, at 94.56 per US dollar

The Indian rupee strengthened by 18 paise to 94.56 per dollar on November 4, as the dollar weakened amid US midterm election results favoring the Democratic Party.

04 Nov 2026
• TL;DR

Pune's Peppermint Robotics raises ₹100cr to expand manufacturing and engineering

Pune-based Peppermint Robotics, founded in 2019, has raised Rs 100 crore led by pi Ventures and Crane Venture Partners to expand manufacturing and enhance international operations.

04 Nov 2026
• TL;DR

MSF pension scheme naming rules start December 1, 2026

The Pension Fund Regulatory and Development Authority (PFRDA) has revised the naming and display rules for National Pension System (NPS) schemes, effective December 1, 2026.

04 Nov 2026
• TL;DR

American AI data centers repurpose Arizona jet engines as generators

Amid rising electricity demands, U.S. AI data centers are repurposing jet engines from retired airplanes as generators, offering a creative yet controversial energy solution.

04 Nov 2026
• TL;DR

AMD posts $1.07 billion charge after OpenAI and Meta deals

AMD recorded a $1.07 billion non-cash charge in Q3 due to equity incentives offered to OpenAI and Meta, as part of strategic AI chip agreements.

04 Nov 2026
• TL;DR

Razorpay gets SEBI nod for 6,000cr IPO targeting December debut

Premji Invest is expanding into defence and aerospace manufacturing, while Razorpay has received Sebi approval for a Rs 5,000-6,000 crore IPO.

04 Nov 2026
• TL;DR

SEBI will use Digital India BHASHINI for regional language services

SEBI has signed an MoU with Digital India BHASHINI to enhance access to its services in regional languages using advanced language translation tools and models.

04 Nov 2026
• TL;DR

Lupin Q2 FY27 profit falls to ₹1,155.30cr amid rising costs

Lupin reported a 22.19% drop in consolidated net profit to ₹1,155.3 crore for the September quarter, impacted by an exceptional item, despite increased revenue from operations.

04 Nov 2026
• TL;DR

Asian markets mixed reacting to US midterm election results

Asian markets showed mixed performance as investors assessed potential Democratic control of Congress; South Korea's Kospi rose 1.5%, while Japan's Nikkei fell 1.55%.

04 Nov 2026
• TL;DR

Canva cuts 22% of staff in restructure, Melanie Perkins says

Canva is cutting over 1,200 jobs and relocating employees as part of a major restructuring effort following its slowest growth year in a decade.

04 Nov 2026
• TL;DR

RBI's 50,000cr VRRR drew half offers, signals 2Lcr surplus

The Reserve Bank of India's ₹50,000 crore variable rate reverse repo operation saw banks bid only ₹23,905 crore, highlighting an asymmetry in the banking system's surplus.

04 Nov 2026
• TL;DR

Asian markets slip as US futures fall amid midterm count

Asian shares declined as US equity futures fell, driven by midterm election bets favoring a Democratic victory, which increased the likelihood of political gridlock in Washington.

04 Nov 2026
• TL;DR

Sensex and Nifty rise 1.6% to almost 2 month highs

Indian benchmark indices Sensex and Nifty reached their highest levels in nearly two months, driven by strong foreign portfolio investor buying and favorable market conditions.

04 Nov 2026
• TL;DR

India considers ₹8,000cr 5 year PLI for khadi handloom handicrafts

The Indian government is considering an ₹8,000 crore investment to boost production in the khadi, handloom, and handicraft sectors and strengthen global market linkages.

04 Nov 2026
• TL;DR

CVS Health to split pharmacies from insurance and PBM units

CVS Health plans to divide its retail pharmacies from its insurance and pharmacy-benefit operations, marking a strategic shift from its integrated healthcare model.

04 Nov 2026
• TL;DR

AMD forecasts $17B Q4 revenue as data center sales surge

AMD anticipates fourth-quarter revenue of approximately $17 billion, driven by record data-center sales as demand for AI technology continues to grow.

04 Nov 2026
• TL;DR

US tech rebounds after AI spending worries, Apple drags Dow

US tech stocks rebounded Tuesday afternoon, recovering from a recent selloff driven by investor concerns over AI spending, with the Nasdaq rising 0.83% and Nvidia gaining 2.3%.

04 Nov 2026
• TL;DR

Ballistic Ventures aims to raise $490 million across 2 new funds

Ballistic Ventures aims to raise $490 million across two new funds, capitalizing on the AI-driven surge in cybersecurity threats and opportunities.

04 Nov 2026
• TL;DR

Sensex posts biggest 2-day jump since April ahead of Diwali

Sensex surged over 2,400 points in two days, driven by softer crude prices and strong foreign fund inflows, marking its best two-day streak since April.

04 Nov 2026
• TL;DR

AMD stock jumps 7% as Q3 revenue rises 45%

AMD's stock surged 7% after reporting third-quarter earnings that exceeded expectations, with a 45% revenue increase and data center sales nearly doubling from the previous year.

04 Nov 2026
• TL;DR

RBI draft pushes Bajaj Finance, Tata Capital toward term loans

Non-banking financial companies are innovating loan products to comply with upcoming RBI guidelines, focusing on term loans as revolving credit facilities face restrictions.

04 Nov 2026
• TL;DR

San Francisco AI company Fal raises $1.3 billion, doubles valuation

Fal, a San Francisco-based AI startup, has doubled its valuation to $16 billion after raising $1.3 billion in a funding round led by Bessemer Venture Partners.

04 Nov 2026
• TL;DR

Tata Motors completes $4.32 billion Iveco takeover, Chandrasekaran says growth

Tata Motors and Iveco Group are collaborating to create a global commercial vehicle business, focusing on growth and diversification rather than consolidation.

04 Nov 2026
• TL;DR

Wockhardt seeks 12-14 years government data protection after Zaynich approvals

Wockhardt advocates for 12-14 years of regulatory data protection in India to boost local drug innovation and improve patient access to new treatments.

04 Nov 2026
• TL;DR

Tewolde Gebremariam targets Air India profits despite ₹22,238 cr loss

Air India CEO Tewolde Gebremariam aims to cut operating costs and boost passenger yields, focusing on long-term growth with backing from Tata Sons and Singapore Airlines.

04 Nov 2026
• TL;DR

Elizabeth Warren and US lawmakers question McDonald's AI pricing

US lawmakers, led by Senator Elizabeth Warren, have raised concerns about McDonald's use of algorithmic pricing tools, questioning potential consumer impact and antitrust issues.

04 Nov 2026
• TL;DR

U.S.-China tensions stall SK Hynix New York expansion plans

SK Hynix's plans for new memory-chip plants in New York are stalled due to US restrictions on exporting chipmaking equipment needed for their Dalian plant expansion in China.

04 Nov 2026
• TL;DR

Tamil Nadu BESS policy mandates 10% storage, targets 2.5 GW

The Tamil Nadu government has announced a three-year policy to deploy 2.5 GW/10 GWh of Battery Energy Storage Systems, enhancing renewable energy integration.

04 Nov 2026
• TL;DR

Pfizer raises revenue forecast to $62-$64B, names Cecile Guegan CFO

Pfizer raised its full-year revenue forecast, driven by strong sales of new products, and appointed company veteran Cecile Guegan as the new chief financial officer.

04 Nov 2026
• TL;DR

Meta begins $20-$25B bond sale today to boost AI projects

Meta aims to raise between $20 billion and $25 billion in a bond sale to fund its growing investment in artificial intelligence infrastructure, models, and services.

04 Nov 2026
• TL;DR

Indian refiners post higher profits amid global fuel supply disruptions

Indian oil refiners foresee robust margins due to global supply disruptions, depleted inventories, and strong product cracks, despite potential cost challenges.

04 Nov 2026
• TL;DR

Polymarket unit PM Derivatives cleared by NFA while awaiting CFTC

Polymarket's unit, PM Derivatives LLC, has received approval from the National Futures Association to operate as a futures commission merchant.

04 Nov 2026
• TL;DR

Amazon Great Indian Festival 2026 delivers ₹2,800cr shopper savings

Amazon's Great Indian Festival 2026 shattered records, achieving the highest-ever customer savings of over Rs 2,800 crore and attracting more than 393 crore customer visits.

03 Nov 2026
• Mukesh Ambani

Mukesh Ambani reclaims top spot among Asia's richest billionaires

Reliance Industries chairman and MD Mukesh Ambani has reclaimed the title of Asia's richest person, according to Forbes's Real-Time Billionaires list.

03 Nov 2026
• Stock Market

Foreign investors pump $2.3B into Indian stocks in 10 days

Foreign portfolio investors (FPIs) have invested $2.28 billion in Indian equities over the last 10 days.

03 Nov 2026
• Diwali

India's gold demand to hit 6-year low in 2026

India's gold demand is projected to hit a six-year low in 2026, driven by high prices and weakening rural demand, as per the World Gold Council (WGC).

03 Nov 2026
• Microsoft

Microsoft to raise $25B through bond sale

Microsoft has announced plans to raise $25 billion through a bond sale.

03 Nov 2026
• State Bank of India (SBI)

SBI Q2 profit rises 14% to ₹23,038 crore

State Bank of India (SBI), the country's largest lender, has reported a net profit of ₹23,038 crore for the second quarter of FY27.

03 Nov 2026
• National Stock Exchange

GIFT Nifty extends trading hours to 23.5 hours a day

The NSE International Exchange (NSEIX) has announced extended trading hours for the NSE IFSC Nifty 50 Index Futures, popularly known as GIFT Nifty.

03 Nov 2026
• Anthropic

Anthropic's Q3 $17B revenue comes with $567M loss

Anthropic, the AI firm behind Claude, has reported an operating loss of $567 million for the third quarter.

03 Nov 2026
• Walt Disney

Disney plans to lay off thousands: Report

Walt Disney is reportedly planning to lay off thousands of employees as part of a major restructuring effort.

03 Nov 2026
• Sensex

Sensex gains over 900 points: What's driving today's rally?

The benchmark equity indices, Sensex and Nifty, continued their winning streak on Tuesday.

03 Nov 2026
• Layoff News

Website builder Squarespace cuts 19% of workforce

Website-building platform Squarespace has announced a major downsizing, laying off 19% of its workforce.

03 Nov 2026
• National Stock Exchange

BLS Polymers shares list at 65% premium after 241x subscription

BLS Polymers Ltd. debuted on the bourses today, November 3, with a bang.

03 Nov 2026
• Apple

Apple revenue jumps 12% to record $114.5B in Q4

Apple has reported a record-breaking revenue of $114.48 billion for its fourth fiscal quarter of 2026, marking a 12% increase from the same period last year.

03 Nov 2026
• Layoff News

SUSE cuts 10% of jobs as AI reshapes software industry

SUSE, a leading open-source software company, has announced plans to lay off around 10% of its global workforce.

03 Nov 2026
• Oracle

Oracle plans $20B raise to fuel its AI push

Oracle has announced plans to raise $20 billion through the sale of new stock and bonds.

03 Nov 2026
• Google

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.

02 Nov 2026
• Mukesh Ambani

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.

02 Nov 2026
• Ireland

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.

02 Nov 2026
• SpaceX

SpaceX considers buying Boost Mobile to enter US wireless market

SpaceX is reportedly in talks with EchoStar's wireless service, Boost Mobile.

02 Nov 2026
• Airbus

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.

02 Nov 2026
• Reliance Industries

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.

02 Nov 2026
• Diwali

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.

02 Nov 2026
• Canada

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.

02 Nov 2026
• China

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.

02 Nov 2026
• Swiggy

JioHotstar launches ads that let viewers shop while streaming content

JioHotstar has launched a new advertising format, StreamToCart Ads, to revolutionize digital marketing.

02 Nov 2026
• South Korea

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.

02 Nov 2026
• Startup Funding

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.

02 Nov 2026
• GST

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.

02 Nov 2026
• Vietnam

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.

02 Nov 2026
• Bitcoin

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.

02 Nov 2026
• Inflation

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.

02 Nov 2026
• IDBI Bank

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.

02 Nov 2026
• Reliance Industries

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.

02 Nov 2026
• Sensex

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.

02 Nov 2026
• Ministry of Civil Aviation

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.

01 Nov 2026
• Sachin Bansal

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.

01 Nov 2026
• Punjab National Bank

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.

01 Nov 2026
• Indian Government

Indian government can intervene in airline tariffs under new rules

The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.

01 Nov 2026
• GST

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.

01 Nov 2026
• Nifty

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.

01 Nov 2026
• IDBI Bank

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.