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Business News

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

24 Aug 2026
TL;DR

Anupam Mittal calls out global firms for rupee price conversions

Anupam Mittal highlights how Indian consumers demand clear value for money, urging AI firms to innovate pricing strategies tailored to India's discerning and outcome-driven market.

24 Aug 2026
TL;DR

U.S.-Iran tensions push India's LNG prices above $23 per MMBtu

India faces soaring LNG costs, exceeding $23 per mmbtu, as Strait of Hormuz disruptions from the US-Iran conflict strain energy imports and push buyers to the spot market.

24 Aug 2026
TL;DR

Indian 2036 government bond yield holds at 6.8595% on Monday

Indian government bonds held steady at a 6.85% yield as traders monitored oil price fluctuations amid potential U.S. sanctions on Iran impacting crude markets.

24 Aug 2026
TL;DR

Shanthi Gears stock jumps 40% after Tube Investments increased stake

Shanthi Gears shares surged 40% in two days after promoter Tube Investments raised its stake to 73.2%, signaling strong confidence despite recent weak financial performance.

24 Aug 2026
TL;DR

India's DGFT ends ban on durum and other wheat exports

India has lifted restrictions on wheat and durum wheat exports, amending their status from "Prohibited" to "Free," as per a DGFT notification dated August 24.

24 Aug 2026
TL;DR

Be Clinical raises ₹21cr seed funding led by Sauce

Be Clinical has secured ₹21 crore in seed funding led by Sauce, aiming to enhance R&D, expand its clinical skincare range, and scale operations into new markets.

24 Aug 2026
TL;DR

Indian IT firms increase subcontractor costs amid AI, H-1B uncertainty

Indian IT firms face sustained high subcontracting costs due to rising AI-driven demand for specialized skills and H-1B visa uncertainties, reshaping their US staffing strategies.

24 Aug 2026
TL;DR

ReNew invested ₹20,000 cr in Gujarat plans ₹1L/cr across sectors

ReNew has invested ₹20,000 crore in Gujarat and plans to scale up investments across clean energy, data centres, and green hydrogen over the next few years.

24 Aug 2026
TL;DR

MCX silver futures for September rise ₹222 amid active trading

Silver futures on the MCX for September delivery rose by ₹222 to ₹2,46,819 per kilogram, driven by fresh position building among participants in a turnover of 3,748 lots.

24 Aug 2026
TL;DR

Sanlayan Technologies posts ₹24.97 cr profit in 1st full year

Sanlayan Technologies reported its first full-year net profit of ₹24.97 crore in FY26, with revenue surging sixfold to ₹139.61 crore, driven by production scale-up.

24 Aug 2026
TL;DR

Amazon and Flipkart raise seller fees as festive rush begins

Amazon and Flipkart have increased seller fees, including cancellation charges and penalties for delays, as they gear up to capture a larger share of festive spending.

24 Aug 2026
TL;DR

Shankesh Jewelers IPO to list on BSE and NSE tomorrow

Shankesh Jewellers IPO is set to debut on BSE and NSE tomorrow, with a current GMP of ₹2 per share indicating a modest 2.15% upside over the upper price band of ₹93.

24 Aug 2026
TL;DR

STOXX 600 slips 0.1% as tech pressured by Iran sanctions

European shares slipped as technology stocks weighed on markets, while investors awaited U.S. sanctions on Iran and key updates from Nvidia and the Federal Reserve.

24 Aug 2026
TL;DR

The Economic Times announces Product of the Year Awards 2026

The Economic Times Product of the Year Awards 2026 spotlight 27 categories, recognizing products that deliver sustained value, drive innovation, and set industry benchmarks.

24 Aug 2026
TL;DR

Evergrande founder Hui Ka Yan sentenced to life in prison

China's property market faces prolonged turmoil as Evergrande founder Hui Ka Yan receives a life sentence, highlighting the sector's structural issues and economic challenges.

24 Aug 2026
TL;DR

Sonova launches Phonak EON AI hearing aid doubling speech understanding

Sonova has launched its Phonak EON platform, featuring real-time AI for enhanced speech clarity, aiming to boost growth and solidify its premium positioning in global markets.

24 Aug 2026
TL;DR

MakeMyTrip, ixigo and Yatra make AI central to Indian travel

MakeMyTrip, ixigo, and Yatra are leveraging AI to redefine travel services, focusing on consumer journeys, infrastructure, and corporate travel management.

24 Aug 2026
TL;DR

Government data shows air passenger prices up nearly 32%

Air passenger service prices recorded a 31.94% year-on-year increase in Q1 FY27, with the index rising to 126.4 from 106.9 in the previous quarter, government data showed.

24 Aug 2026
TL;DR

ICICI Securities gives Lenskart buy rating with ₹750 target

ICICI Securities initiates coverage on Lenskart with a BUY rating, citing robust growth potential and operational outperformance, setting a target price of Rs 750 by August 2026.

24 Aug 2026
TL;DR

Zetwerk targeting late September mid October IPO with 2,600cr issue

Zetwerk Manufacturing Businesses Limited has initiated investor roadshows for its IPO, aiming for a launch by late September or mid-October to fund debt repayment and acquisitions.

24 Aug 2026
TL;DR

India negotiating FTAs covering $15 trillion GDP, Piyush Goyal says

India is negotiating free trade agreements with 8-9 more countries or groups, aiming to cover 75% of global trade and strengthen its position in global value chains.

This renewable energy firm is planning $800M IPO in India

Avaada Electro, the solar manufacturing division of Avaada Group, is gearing up for an initial public offering (IPO) that could raise as much as $800 million, as per Bloomberg.

24 Aug 2026
MeitY

Modi government reopens AI vendor empanelment: Why it matters

The Ministry of Electronics and Information Technology (MeitY) has reopened its empanelment process for agencies providing artificial intelligence (AI) and machine learning (ML) manpower and project support to the government.

24 Aug 2026
Perplexity

NVIDIA might invest in AI start-up Perplexity at $30B valuation

NVIDIA is considering an investment in AI start-up Perplexity, The Information reported.

24 Aug 2026
NVIDIA

SoftBank plans record $6.3B bond issue to fund AI investments

SoftBank Group, the Japanese technology investor, has announced its plan to issue ¥1 trillion ($6.29 billion) worth of seven-year corporate bonds.

24 Aug 2026
TL;DR

Uber hit with ₹9,000cr European fine for automated driver deactivations

Uber has been fined Rs 9,000 crore in Europe for allegedly using automated systems to suspend drivers without sufficient human oversight, violating GDPR regulations.

24 Aug 2026
TL;DR

UK graduate job openings fall 45% to 8,383 in July

Graduate job vacancies in the UK plummeted to 8,383 in July, a 45% drop from last year, as employers cut entry-level roles amid rising costs and automation investments.

24 Aug 2026
TL;DR

Blue Cloud Softech rises 4.7% after $150 million SpaceX international contract

Blue Cloud Softech Solutions shares jumped nearly 5% on Monday, following the implementation of a $150 million Master Services Agreement with SpaceX International Ltd.

24 Aug 2026
TL;DR

Bitcoin's sharpest rally in 3 years boosts Indian exchanges

Indian crypto exchanges reported over a 20% rise in spot trading volumes as Bitcoin's sharp rally, fueled by US policy developments, boosted market activity and investor sentiment.

24 Aug 2026
TL;DR

Sridhar Vembu proposes death penalty for corrupt ministers and officials

Zoho founder Sridhar Vembu has urged Tamil Nadu CM Joseph Vijay to adopt Singapore-style laws, including the death penalty, for high-level corruption and drug dealing.

24 Aug 2026
Delhi High Court

Bank unions announce nationwide strikes over 5-day work week, PLI

The United Forum of Bank Unions (UFBU), an umbrella group of major bank employee and officer unions, has called for nationwide strikes.

24 Aug 2026
TL;DR

Blue Cloud Softech Solutions $150 million SpaceX Malaysia deal lifts shares

Blue Cloud Softech shares rose nearly 5% after initiating services under a $150-million agreement with SpaceX International Malaysia, spanning AI, cybersecurity, and telecom.

24 Aug 2026
TL;DR

Indian banks post strongest credit growth in over 4 years

India's banking credit growth surged to 20% YoY in June 2026, marking a four-year high, while lagging deposit growth pushed the loan-to-deposit ratio near decade-high levels.

Skyways Air IPO launches with 23% GMP: Apply or avoid?

Skyways Air Services, a leading air freight forwarding and logistics company based in Delhi, has launched its initial public offering (IPO) today. The issue will close on August 27.

24 Aug 2026
TL;DR

Oracle, Amazon, Visa cut thousands of jobs in India's IT

Global giants like Oracle, Amazon, and Visa are cutting thousands of jobs as AI adoption drives structural shifts, impacting India's IT workforce and economy significantly.

24 Aug 2026
TL;DR

SDTT begins 5-member committee after N Chandrasekaran declines 3rd term

The Sir Dorabji Tata Trust (SDTT) has begun forming a selection committee for the next Tata Sons chairman, respecting N Chandrasekaran's decision not to seek a third term.

24 Aug 2026
Adani Group

GMR plans $2B expansion at Delhi and Hyderabad airports

GMR Airports, a leading player in India's aviation sector, has announced plans to invest nearly $2 billion (approximately ₹19,400 crore) in the expansion of its New Delhi and Hyderabad airports.

24 Aug 2026
TL;DR

Kotak Mahindra Mutual Fund: $155B India chip market by 2031

India's semiconductor market is projected to hit $155 billion by CY31, growing at a 20% CAGR, with its global consumption share rising to 9%, per Kotak Mahindra Mutual Fund.

24 Aug 2026
TL;DR

Fascinate Textiles slips 20% on NSE SME despite 1.5x-subscribed IPO

Fascinate Textiles shares debuted on the NSE SME platform at Rs 120.80, a 20% discount to the IPO issue price of Rs 151, despite strong subscription interest.

24 Aug 2026
TL;DR

Avaada Electro likely to file $800 million India IPO this month

Avaada Electro Ltd., backed by Brookfield Renewable Partners, aims to raise up to $800 million through an IPO in India, primarily via new and secondary share sales.

24 Aug 2026
TL;DR

NVIDIA 15% price hike reshapes Indian IT investment bets

Nvidia's announcement of a 15% price hike triggered a sell-off in AI-linked stocks, sparking a relief rally in Indian IT stocks like Infosys and HCLTech.

24 Aug 2026
TL;DR

Japan 10-year JGB yield hits 2.89% amid Middle East tensions

Japanese government bond yields rose on Monday as Middle East instability fueled inflation concerns, while record budget requests amplified fiscal uncertainties.

24 Aug 2026
TL;DR

Eli Lilly launches Foundayo oral GLP-1 pill in UK

Eli Lilly has introduced Foundayo, an oral GLP-1 weight-loss pill, in the UK via private prescription, marking its first European launch after regulatory approval on August 10.

24 Aug 2026
TL;DR

Gaja Alternative Asset Management IPO allotment expected today, 12% potential

The Gaja Alternative Asset Management IPO, subscribed over 30 times, is set for allotment today. Grey Market Premium (GMP) suggests a potential 12% listing gain for investors.

24 Aug 2026
TL;DR

Twelve IPOs set for August 24-30 to raise ₹3,742 cr

This week, 12 IPOs worth over Rs 3,700 crore are opening for subscription, alongside the listing of nine new companies across mainboard and SME segments on the stock exchanges.

24 Aug 2026
TL;DR

Bitcoin ETFs pulled $1.92 billion as Bitcoin trades near $77,000

US-listed Bitcoin spot ETFs recorded $1.92 billion in weekly inflows, the highest in 10 months, as Bitcoin surged 23% last week, marking its biggest rally in over three years.

24 Aug 2026
TL;DR

Larsen & Toubro awarded over ₹15,000cr Middle East compression deal

Larsen & Toubro has won an ultra-mega contract exceeding ₹15,000 crore to build gas compression facilities and infrastructure in the Middle East, boosting regional gas capacity.

24 Aug 2026
TL;DR

Blackstone backed Horizon Industrial Parks lists with muted market debut

Horizon Industrial Parks, backed by Blackstone, made a subdued stock market debut on August 24, listing near its IPO price of ₹60 on both NSE and BSE.

24 Aug 2026
TL;DR

NVIDIA earnings and Kevin Warsh debut could rattle AI rally

Nvidia’s earnings and Fed Chair Kevin Warsh’s Jackson Hole debut will challenge the AI-driven stock rally amid rising Treasury yields and monetary policy uncertainty.

24 Aug 2026
TL;DR

NVIDIA strikes $6B poolside deal, invests $1B at $12B valuation

Nvidia is challenging OpenAI and DeepSeek by acquiring AI startup Poolside for $6 billion, gaining technology and over 100 engineers to bolster its open-weight AI efforts.

SHEIN launches IPO at $27B valuation, 70% below peak

Fast fashion giant SHEIN has launched its initial public offering (IPO) in Hong Kong, aiming to raise HK$13.86 billion ($1.77 billion).

24 Aug 2026
TL;DR

AvenuesAI June 2026 sales rise 109.37% net profit ₹76.15cr

AvenuesAI's consolidated net sales surged 109.37% year-on-year to Rs 2,680.40 crore in June 2026, with net profit rising 24.33% to Rs 76.15 crore.

24 Aug 2026
TL;DR

Federal Bank to raise $500 million via 5-year GIFT City bonds

Federal Bank plans to raise $500 million through a five-year dollar bond sale via its GIFT City branch, joining Indian lenders rushing to secure overseas funds.

24 Aug 2026
TL;DR

Citi teams with Axis Bank to simplify NRI foreign-currency deposits

Citigroup has partnered with Axis Bank to facilitate leveraged investments by non-resident Indians in foreign-currency deposits, leveraging RBI's push to attract dollar inflows.

24 Aug 2026
TL;DR

Indian rupee opens 95.64 per US dollar, up 5 paise

The Indian rupee strengthened by 5 paise to open at 95.64 per dollar, supported by capital inflows, while Asian currencies mostly gained against the US dollar.

24 Aug 2026
TL;DR

Hexaware Technologies eyes $300B AI TAM, over 50% AI revenue

CLSA sees strong potential in Hexaware Tech's AI strategy, while Jefferies and HSBC remain skeptical due to execution risks and near-term business challenges.

24 Aug 2026
Chennai

Centre launches 'Kanda Express' as onion prices rise 45%

The Indian government will launch "Kanda Express" from Monday, a special train service to transport onions from Maharashtra's buffer stock to major consumption centers.

24 Aug 2026
TL;DR

SoftBank announces record 1 trillion yen bond sale for AI

SoftBank Group plans to issue $6.29 billion in seven-year corporate bonds, its largest-ever offering, as it intensifies AI-related investments through borrowings and asset sales.

24 Aug 2026
TL;DR

Priority Jewels prices shares at ₹190-₹200, seeks ₹91.5cr through IPO

Priority Jewels has set its IPO price band at ₹190-₹200 per share, with the issue opening on August 28 and closing on September 1.

24 Aug 2026
TL;DR

Foreign inflows to Indian data centers fall to $100m monthly

Foreign investments in Indian data centres dropped sharply from $600-900 million monthly in early 2026 to $100 million, amid protests and compliance issues.

24 Aug 2026
TL;DR

Rays of Belief Ltd launches ₹41.36cr IPO priced ₹227-₹239

Rays of Belief has announced its IPO price band at ₹227-239 per share, with subscriptions open from 1 to 3 September to fund neurodevelopmental care expansion across India.

24 Aug 2026
TL;DR

NSDC, AWS & Cultus start cloud AI training for 150,000

The National Skill Development Corporation and Amazon Web Services have partnered to train 1.5 lakh learners in cloud and AI skills, focusing on underserved regions across India.

24 Aug 2026
TL;DR

Suzlon to invest ₹10,000cr in Govindawada 1,325MW wind project

Suzlon Group will commission 1,325 MW wind projects in Anantapur district with a ₹10,000 crore investment, creating 4,000 jobs and boosting renewable energy capacity in the region.

24 Aug 2026
TL;DR

Incorrect EPF dates delay PF transfers and threaten EPS pension

Incorrect joining or exit dates in your EPF records can delay transfers, complicate withdrawals, and impact pension eligibility under the Employees’ Pension Scheme (EPS).

24 Aug 2026
TL;DR

Hy-Tech Engineers opens IPO to raise ₹135.73cr at ₹50-₹53

Hy-Tech Engineers Limited launches its ₹135.73 crore IPO today, offering shares at a price band of ₹50-₹53. The issue will remain open until August 27, 2026.

24 Aug 2026
TL;DR

KPMG Australia to cut about 400 staff after revenue dip

KPMG Australia will slash 5% of its workforce, impacting 27 partners and 360 employees, as it grapples with a revenue decline and fallout from a client information misuse scandal.

24 Aug 2026
TL;DR

Skyways Air Services IPO open till Aug 27 priced ₹131-₹138

Skyways Air Services, India's top air freight forwarder, launches its ₹582.80 crore IPO today with a price band of ₹131-₹138 per share and a market lot of 100 shares.

24 Aug 2026
TL;DR

India stock market nears record month raising nearly $10 billion

India's equity market saw record-breaking activity in August, with nearly $10 billion in deals driven by robust domestic liquidity and strong investor participation.

24 Aug 2026
TL;DR

Samsung announces $79.4 billion payout plan, shares fall 8%

Samsung Electronics shares fell 8% after announcing shareholder returns of up to 110 trillion won, disappointing analysts who anticipated larger payouts and clearer buyback plans.

24 Aug 2026
TL;DR

Indian markets likely quiet as oil rises, West Asia tensions

Indian equities are expected to open subdued on Monday, pressured by elevated crude oil prices near $86 a barrel and ongoing geopolitical tensions in West Asia.

24 Aug 2026
TL;DR

Brent and WTI fall as US readies new Iran sanctions

Oil prices fell over $1 per barrel as investors took profits ahead of anticipated US sanctions on Iran, raising concerns about potential disruptions in Middle Eastern oil supplies.

24 Aug 2026
TL;DR

US dollar hovers near multi-month lows after Treasury buyback move

The U.S. dollar hovers near multi-month lows as concerns over rising global bond yields and U.S. Treasury buyback plans weigh on market sentiment.

24 Aug 2026
TL;DR

GMR Airports plans ₹19,400 cr for Delhi Hyderabad upgrades

GMR Airports Ltd. is investing Rs 19,400 crore to expand and modernize its New Delhi and Hyderabad airports, anticipating significant growth in India's aviation market.

24 Aug 2026
TL;DR

Symbiotec Pharmalab launches ₹1,757 cr IPO August 24 to 27

Symbiotec Pharmalab's ₹1,757-crore IPO opens on August 24, offering a price band of ₹933-988 per share. Analysts recommend subscribing for long-term growth potential.

24 Aug 2026
TL;DR

Shein launches Hong Kong IPO seeking $1.77B, implying $27B valuation

Shein targets a valuation of up to $27 billion in its Hong Kong IPO, marking a sharp decline from its $98.2 billion peak in 2022.

24 Aug 2026
TL;DR

Economic Times launches HR Excellence Awards 2027 promoting inclusive workplaces

The Economic Times HR Excellence Awards 2027 honor innovative people strategies driving organizational growth and transformation across 28+ categories.

24 Aug 2026
TL;DR

India's mutual funds grow 17.1% annually, global share exceeds 1%

India's mutual fund industry expanded at a 17.1% CAGR from 2020 to 2025, more than double the global rate of 6.9%, driven by rising retail participation and financial awareness.

24 Aug 2026
TL;DR

Asian stocks slip as AI focus targets NVIDIA, Jackson Hole

Asian stocks edged lower as AI developments and Nvidia’s earnings dominate investor attention, while oil prices dropped amid geopolitical tensions and inflation concerns.

24 Aug 2026
TL;DR

Gold hits $4,636.34 as markets await July PCE, Kevin Warsh

Gold prices surged to their highest since May, driven by a weaker dollar and anticipation of U.S. inflation data and Federal Reserve Chair Kevin Warsh's upcoming speech.

24 Aug 2026
TL;DR

Asian markets barely budged amid possible US sanctions on Iran

Asian shares remained steady on Monday as investors awaited U.S. sanctions on Iran, while Nvidia's upcoming earnings report loomed large over the tech sector.

24 Aug 2026
TL;DR

Sector-focused venture capital funds target robotics space-tech advanced manufacturing semiconductors

Venture capital funds are expanding into deeptech sectors like robotics and spacetech, driven by stronger deal flow, defensibility, and government-backed capital momentum.

24 Aug 2026
TL;DR

Flipkart fines sellers ₹30-₹90 for late dispatches and cancelations

Flipkart has implemented new penalties ranging from Rs 30 to Rs 90 for sellers failing to meet despatch deadlines or cancelling orders, effective August 23.

24 Aug 2026
TL;DR

Indian jewelers offer cash for gold to boost festival sales

Jewellery retailers, including Kalyan Jewellers and Titan, are expanding cash-for-gold programmes to counter high gold prices and boost margins ahead of India's festive season.

24 Aug 2026
TL;DR

India's New and Renewable Energy Ministry grants 4-month project extension

The Indian government has granted a four-month extension for renewable energy projects affected by supply-chain disruptions caused by the West Asia war.

24 Aug 2026
TL;DR

Lalithaa Jewellery to list Monday on BSE and NSE

Lalithaa Jewellery IPO debuts today, 24 August 2026, at 10:00 IST on BSE and NSE. Experts predict up to a 36% listing gain, with an estimated share price of ₹274.

24 Aug 2026
TL;DR

India to overtake China in affluent consumers by 2036, report

India is projected to surpass China with 10.8 crore affluent consumers by 2036, driven by a decade-long addition of 8.2 crore affluent individuals, according to an NIQ report.

24 Aug 2026
TL;DR

ET World Leaders Forum: Firms shift to security and resilience

Global business leaders emphasize a shift from efficiency to resilience, driven by geopolitics, AI advancements, and energy transitions reshaping international strategies.

24 Aug 2026
TL;DR

Preeti Lobana: Google to invest $15B in Visakhapatnam AI hub

Preeti Lobana, VP at Google India, emphasized compute capacity as the critical infrastructure driving India's $1 trillion digital economy and AI advancements.

EPFO members should complete 10-year service for monthly pension benefits

The Employees' Provident Fund Organisation (EPFO) has warned its eligible members to complete a mandatory 10-year service period.

23 Aug 2026
Japan

Piyush Goyal to lead India's largest business delegation to Japan

Union Minister for Commerce and Industry, Piyush Goyal, will head a 200-member business delegation to Japan from August 24-27.

23 Aug 2026
Mexico

India-Mexico trade pact nearing completion

The Terms of Reference (ToR) for a potential trade pact between India and Mexico are "almost finalized," government sources have said.

23 Aug 2026
Delhi High Court

Why Urban Company has sued Kent RO

Urban Company has filed a defamation and disparagement suit against Kent RO Systems in the Delhi High Court.

This hospitality chain is planning ₹1,000cr IPO by December

Pride Hotels, a leading hospitality chain, is gearing up for its initial public offering (IPO) by December.

23 Aug 2026
Brazil

Commerce Secretary to visit Latin America, focus on trade ties

Commerce Secretary Rajesh Agrawal will be visiting Latin America from August 24 to 28.

23 Aug 2026
Blinkit

Flipkart Minutes closing in on Instamart's scale

Walmart-owned Flipkart is giving established players like Swiggy Instamart, Blinkit, and Zepto a run for their money in the quick-commerce space.

23 Aug 2026
Anthropic

New York surpasses San Francisco as US's top tech hub

New York City has outpaced San Francisco as the leading hub for tech talent in the US, according to CBRE.

23 Aug 2026
SpaceX

SpaceX expands supply chain team in India amid Starlink delay

Elon Musk's SpaceX is expanding its supply chain team in India, despite the commercial launch of Starlink being stalled by pending security clearances.

23 Aug 2026
Alibaba Group

Alibaba to raise $10B via share sale for AI purposes

Chinese e-commerce and cloud computing giant Alibaba has announced plans to raise HK$80 billion (around $10.2 billion) through a share placement.

23 Aug 2026
Foreign Investment

FPIs invest over ₹23,500cr in Indian equities this August

Foreign portfolio investors (FPIs) have made a major investment in Indian equities this month, pumping in ₹23,544 crore so far.

23 Aug 2026
State Bank of India (SBI)

SBI's total business to reach ₹200L crore by 2030

State Bank of India's (SBI) total business could double to ₹200 lakh crore by 2030, Chairman C S Setty has said.

23 Aug 2026
Bharti Airtel

Market cap of India's top 4 firms down ₹87,960cr

Four of India's top 10 companies witnessed a massive erosion of ₹87,960 crore in their market capitalization last week.

AI creating more jobs than destroying them in India

A recent report by Nomura has revealed that artificial intelligence (AI) is creating more jobs than it is destroying in India.

23 Aug 2026
Starbucks

Starbucks India wants to match scale of Chinese outlets

Starbucks India, in partnership with Tata Consumer Products Ltd (TCPL), is gearing up to resume its aggressive store expansion strategy.

23 Aug 2026
Visakhapatnam

Andhra Pradesh greenlights ₹31,400cr AI data center in Visakhapatnam

The Andhra Pradesh government has approved the establishment of a 512MW green integrated artificial intelligence (AI) data center in Visakhapatnam district.

23 Aug 2026
Indian Government

How Modi government plans to help local chip firms grow

The Indian government is working on a plan to help local semiconductor chip firms negotiate better terms with global foundries.

23 Aug 2026
Reserve Bank Of India (RBI)

Indian banks to remain closed on these days next week

Public and private sector banks across India will observe several holidays next week.

23 Aug 2026
India

India-US trade deal 'almost' finalized in principle: Sergio Gor

The India-US trade agreement is "almost" finalized in principle, according to US Ambassador to India Sergio Gor.

23 Aug 2026
SpiceJet

Why Cochin airport has accused SpiceJet of spreading misinformation

Cochin International Airport Limited (CIAL) has accused SpiceJet of spreading misinformation over flight disruptions at the airport.

23 Aug 2026
Donald Trump

Donald Trump made securities trades worth $263M in June

US President Donald Trump made over 1,000 securities trades in June alone.

22 Aug 2026
Lenskart

SoftBank to sell 2.6% stake in Lenskart for $300M: Report

SoftBank Vision Fund II Lightbulb Cayman is planning to sell up to a 2.6% stake in Lenskart, people familiar with the matter told CNBC-TV18.

22 Aug 2026
Maharashtra

Modi government clears LPG pipeline expansion project worth ₹7,000cr

India's oil regulator has approved the construction of nearly 1,800km of new Liquefied Petroleum Gas (LPG) pipelines.

22 Aug 2026
Tata Sons

AGM delay effect: Tata Trusts is losing ₹55.6L per day

A complaint has been filed with the Maharashtra Charity Commissioner against the trustees of Sir Ratan Tata Trust (SRTT).

22 Aug 2026
Meesho

Y Combinator to sell 1% stake in Meesho for ₹957cr

Y Combinator is planning to divest up to 1.05% of its stake in Meesho. The move could fetch the company a whopping ₹957.5 crore.

Why India's private credit funds are turning to AI

India's private credit funds are increasingly adopting artificial intelligence (AI) into their operations, a recent EY report has shown.

22 Aug 2026
Apple

Apple may expand India operations beyond iPhones: Ashwini Vaishnaw

Apple may expand its manufacturing operations in India beyond iPhones, Union Electronics and IT Minister Ashwini Vaishnaw said.

22 Aug 2026
Indian Government

Centre removes 12-minute/hour cap on TV ads

The Indian government has scrapped the 12-minute-per-hour cap on television advertisements.

22 Aug 2026
Apple

Apple's iPhone shipments expected to fall 2.1% in 2026

Apple is likely to witness a decline in its smartphone shipments by some 2.1% in 2026, according to a report by Counterpoint Research.

SEBI proposes new initiative for retail participation in corporate bonds

The Securities and Exchange Board of India (SEBI) has proposed a new initiative to expand retail participation in corporate bonds and other fixed income securities.

22 Aug 2026
Mutual Funds

India's mutual fund association announces initiatives to boost investor participation

The Association of Mutual Funds in India (AMFI) has announced five key initiatives to deepen mutual fund participation and strengthen investor awareness across the country.

22 Aug 2026
NASA

Vast cuts 46 jobs despite $500M funding, space station plans

California-based space station start-up Vast has laid off 46 employees, or about 4% of its workforce, according to Business Insider.

22 Aug 2026
Uber

Why Uber is facing $966M fine in the Netherlands

Uber has been slapped with a fine of €825 million ($966 million) by the Dutch Data Protection Authority.

22 Aug 2026
Harry Potter

Harry Potter, Hello Kitty merchandise now available on Swiggy Instamart

Swiggy Instamart has teamed up with global lifestyle retailer MINISO to offer a range of over 90 products in key metro cities.

22 Aug 2026
Ashwini Vaishnaw

India to have homegrown smartphone brand by mid-2027: Ashwini Vaishnaw

India is all set to witness the emergence of a competitive homegrown mobile phone brand by mid-2027, Electronics and IT Minister Ashwini Vaishnaw announced.

22 Aug 2026
NVIDIA

NVIDIA partners with Cloverleaf to invest in AI data centers

NVIDIA has announced a partnership with Cloverleaf Infrastructure, a company specializing in the development of data centers.

22 Aug 2026
United States of America

US imposes 50% tariff on Canadian goods as talks fail

The United States has imposed a 50% tariff on billions of dollars worth of Canadian goods after last-minute trade talks between the two nations collapsed.

22 Aug 2026
TikTok

TikTok agrees to $400M settlement over child privacy lawsuit

TikTok and its parent company ByteDance have agreed to a $400 million settlement with the US Department of Justice (DOJ).

22 Aug 2026
Apple

Apple cuts 200+ jobs across Siri and Vision Pro divisions

Apple has cut more than 200 positions from its Siri and Vision Pro teams, according to Bloomberg.

21 Aug 2026
Brazil

India, Brazil sign telecom MoU to boost digital cooperation

India and Brazil have signed a memorandum of understanding (MoU) to strengthen their cooperation in telecommunications and information and communications technologies (ICT).

21 Aug 2026
China

NVIDIA denies reports of China-specific AI chip launch this year

NVIDIA has denied a recent report by The Information that claimed the company was planning to ship a language processing unit (LPU) specifically designed for Chinese customers by the end of this year.

21 Aug 2026
Reserve Bank Of India (RBI)

India's FY27 growth may beat RBI's 6.7% forecast

India's economic growth could exceed the Reserve Bank of India's (RBI) projection of 6.7% for the current fiscal year, RBI Deputy Governor Poonam Gupta has said.

21 Aug 2026
South Korea

Hyundai's union stages 1st full strike in a decade

Hyundai Motor's South Korean union has staged its first full strike in a decade. The move comes after wage talks between the two sides stalled.

21 Aug 2026
China

India plans $1.2B incentive scheme to boost local machinery production

India is on the verge of approving a $1.2-billion incentive scheme to promote domestic production of high-value, technologically advanced construction and infrastructure equipment, according to Reuters.

21 Aug 2026
Amazon

Ex-Google engineer's conviction of stealing AI secrets partly overturned

A US federal judge has overturned part of the conviction of Linwei Ding, a former Google engineer accused of stealing artificial intelligence (AI) trade secrets from the tech giant.

21 Aug 2026
Blinkit

Flipkart's leadership churn deepens as 2 VPs quit

E-commerce giant Flipkart is witnessing a major leadership shake-up with the exit of two senior executives.

Atomberg files IPO papers for ₹450cr fresh issue

Mumbai-based consumer appliances manufacturer Atomberg Technologies has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).

21 Aug 2026
Chicago

Abbott agrees to $670M settlement over infant formula lawsuits

Abbott Laboratories has agreed to a $670 million settlement to partially resolve ongoing litigation over its specialty formulas for preterm infants.

21 Aug 2026
Anthropic

Citigroup to join Anthropic's IPO advisory team

Anthropic, a leading player in the artificial intelligence space, is adding Citigroup Inc. to its list of banks for its initial public offering (IPO), according to Bloomberg.

21 Aug 2026
Amazon

Amazon fined ₹1L for selling sweets as Ram Mandir prasad

The Central Consumer Protection Authority (CCPA) has slapped a fine of ₹1 lakh on Amazon Seller Services.

Augmont Enterprises IPO opens with 38% GMP: Apply or avoid?

Jewelry and bullion platform Augmont Enterprises has opened its initial public offering (IPO) for subscription today. The three-day bidding window will remain open till August 25.