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Jeff Bezos co-led Protect Prometheus AI raises $10B, valued $38B
Jeff Bezos' co-led AI lab, Protect Prometheus, has successfully raised $10 billion in a recent funding round. The startup is now valued at approximately $38 billion.
Anthropic seeks London data center executive to expand European capacity
AI firm Anthropic is reportedly hiring a London-based senior executive to secure significant data centre capacity across Europe, aiding its infrastructure expansion beyond the US.
SpaceX's xAI faces international probe over allegedly explicit AI-generated images
SpaceX warns that ongoing global investigations into xAI's creation and dissemination of sexually abusive imagery could potentially restrict the company's market access.
Sensex plunges over 800 points: What's behind the fall?
The Bombay Stock Exchange's Sensex and National Stock Exchange's Nifty indices witnessed a sharp fall in early trade today.
Sensex drops over 2,400 points and Nifty slides 2.6%
In three sessions, the Sensex fell over 2,400 points causing investors to lose ₹7 lakh crore. This article explores the key factors behind this significant stock market selloff.
Unprofitable SpaceX, OpenAI and Anthropic eye US IPOs near $3T
SpaceX, OpenAI and Anthropic are poised to drive the largest wave of initial public offerings in U.S. history, despite their current unprofitability.
DataKaveri Systems and Onestruction Inc. sign Bengaluru urban data deal
DataKaveri Systems and Japan's Onestruction Inc have signed a Memorandum of Understanding (MoU) to collaborate on urban and built environment data exchange.
Warner-Paramount $111B merger gets shareholder approval
Warner Bros. Discovery's shareholders have approved the company's proposed mega-merger with Paramount, a deal worth $81 billion.
India 10-year bond yield rises amid U.S.-Iran tensions, oil surge
Rising tensions between the US and Iran have pushed bond yields towards a critical 7%, as Brent crude prices surge above $105.
Nike announces second layoffs in 4 months, 1,400 jobs cut
Nike has announced a fresh wave of layoffs, impacting some 1,400 employees globally. The majority of the cuts will be from its technology department.
Google plans $15 billion India investment and Visakhapatnam AI hub
Google Cloud's CEO, Thomas Kurian, reveals plans to increase investment in India's infrastructure, engineering talent and enterprise partnerships to expand its AI technology reach.
US and Iran tensions lift Brent to $105.99, WTI $96.45
Crude oil futures experienced a rise on Friday due to escalating tensions between the US and Iran, fueling market fears of a prolonged conflict.
Infosys grants Salil Parekh ₹52cr in FY2026 stock awards
Infosys has granted its CEO, Salil Parekh, equities worth ₹52 crore amid rumors of a potential leadership transition. The award is linked to performance and ESG milestones.
Zodiac Energy stock jumps 10% after ₹30.85cr Zambia solar deal
Zodiac Energy shares surged 10% after the company secured a Rs 30.85 crore solar EPC contract in Zambia, indicating its expanding global presence.
Tesla acquires mysterious AI hardware start-up for $2B
Tesla has disclosed its acquisition of a mysterious artificial intelligence (AI) hardware company for up to $2 billion.
Why gold, silver are falling even as risks rise
Gold and silver prices fell on Friday amid a cautious global market tone. The decline was largely due to heightened geopolitical tensions in West Asia and rising oil prices.
Rupee opens ₹94.22, oil $106, down about 1.3% this week
The rupee opened 11 paise weaker at 94.22 against the US dollar on April 24, due to rising oil prices and external factors despite positive domestic economic indicators.
Reliance Q4 net profit seen down 3.7% amid crude rally
Reliance Industries is predicted to report a 3.7% YoY fall in Q4 net profit due to the surge in crude prices, despite an expected 8.1% rise in revenue.
Oil prices surge amid US-Iran impasse, surpass $106 per barrel
Oil prices have surged for the fifth consecutive day, hitting their most sustained upward trend since the start of the year.
Microsoft rolls out first-ever voluntary retirement plan in 50 years
Microsoft has announced its first-ever voluntary employee buyout program, a move that will impact nearly 7% of its US workforce.
Meta lays off 8,000 employees to focus on AI
Meta Platforms has confirmed plans to lay off nearly 8,000 employees or about 10% of its workforce.
Reliance Industries to release Q4 FY2026 results, Jio IPO focus
Reliance Industries Ltd (RIL) will review its Q4 and full-year financial results on April 24, with market expectations focused on revenue growth and profitability.
Oil gains 5th straight day amid Iran tensions, $150 risk
Oil prices have seen a consistent rise for five consecutive days due to escalating tensions in the Middle East, pushing crude oil towards $110-$150 per barrel.
Amazon invests $300 million to scale Amazon Now across India
Amazon is injecting an additional $300 million into its Indian operations to enhance its quick commerce business and expand its delivery network.
BT Group and nScale to build UK NVIDIA-powered AI centers
UK's BT Group is partnering with Nscale to construct AI data centres, enhancing its sovereign data service for business and public sector clients.
Infosys aims 1.5-3.5% FY27 revenue growth, retains 20-22% operating margins
Infosys anticipates a revenue growth of 1.5% to 3.5% for FY27, despite a decrease in Q4 headcount by approximately 8,000 employees sequentially.
JPMorgan shifts India stance to neutral, trims Nifty to 27,000
JPMorgan has downgraded Indian equities to "neutral" and reduced its Nifty 50 index price target, citing elevated valuations and earnings risks among other factors.
Nasscom chair Srikanth Velamakanni says AI will transform India's tech
Srikanth Velamakanni, the newly appointed chairperson of Nasscom, emphasizes the significant structural changes in India's tech sector due to AI.
Tata Electronics appoints Gerald Goff to lead construction and facilities
Reda Masarwa, the head of construction at Tata Electronics, has resigned and will be replaced by US-based consultant Gerald Goff.
Sun Pharma offers $13 billion for Organon in shareholder-neutral bid
Sun Pharmaceutical Industries Ltd. has submitted a $13 billion offer to acquire US-based Organon & Co., aiming to become a global leader in branded and innovative medicines.
Eric Trump's startup wins $24 million Pentagon 'Phantom' Marines test contract
Foundation Future Industries, a robotics startup linked to Eric Trump, has secured a $24 million contract from the Pentagon to test its humanoid robot with the Marine Corps.
Prudential negotiating purchase of up to 85% Bharti AXA Life
Bharti Group is discussing the sale of up to 85% of its life insurance business to Prudential Plc, potentially exiting the sector while Prudential expands in India.
Intel shares jump 19% on upbeat next quarter revenue outlook
Intel's shares jumped 19% following a second-quarter revenue forecast that exceeded Wall Street expectations, driven by high demand for its server processors.
Nike to cut about 1,400 employees amid China sales decline
Nike is set to lay off approximately 1,400 employees globally in a bid to streamline operations amidst a prolonged sales decline.
Intel shares jump 20% after Q1 revenue and EPS beats
Intel Corp. shares surged 20% after-hours following a robust AI-led forecast for Q2, indicating a potential revival for the long-underperforming chipmaker.
AMD shares rally on AI demand, eye May 5 earnings
Advanced Micro Devices (AMD) stock has surged past $300, fueled by increasing demand for AI chips and positive analyst forecasts.
Sierra acquires French AI startup Fragment to make tech smarter
Sierra, a startup by Bret Taylor, has acquired Fragment, a French startup that integrates AI into business workflows. This marks Sierra's third public acquisition.
Snap Inc. cuts about 1,000 jobs, prioritizes AI, targets $500 million
Snap Inc. is laying off approximately 1,000 employees, around 16% of its workforce, as it increasingly relies on artificial intelligence for cost savings and efficiency.
Meta to cut 8,000 jobs, drop 6,000 hires for AI
Meta is set to cut about 10% of its workforce, approximately 8,000 jobs, as it intensifies its focus on artificial intelligence.
Jubilant FoodWorks to give up Dunkin' India rights in 2026
Jubilant FoodWorks is in discussions with US-based Inspire Brands to sell the India franchise rights for Dunkin', ahead of their agreement's termination in December.
SEIU-UHW's California ballot initiative would impose 1-time 5% billionaire tax
A proposed one-time 5% wealth tax on billionaires in California could result in a yearly loss of up to $4.5 billion in state tax revenue, warns the California Tax Foundation.
DGCA warns IndiGo over December 2025 fare cap breach
India's largest airline, IndiGo, has been warned by the Directorate General of Civil Aviation (DGCA) over compliance with government-imposed domestic airfare caps.
Meta to cut about 8,000 jobs to boost AI investment
Meta Platforms plans to lay off about 8,000 employees, approximately 10% of its workforce, on May 20 to enhance efficiency and balance heavy investments in artificial intelligence.
Amazon renames Ring and Blink product-titles to 'builder' and 'builder-lead'
Amazon is replacing traditional job titles with 'builder' and 'builder lead' in its Ring and Blink home security units, causing concern among employees.
Tesla doubles down on AI with up to $2B acquisition
Tesla has disclosed a secretive deal to acquire an unnamed AI hardware company for up to $2 billion, as revealed in a recent SEC filing.
Huawei to invest more than $10B in 5-year smart-driving R&D
Huawei plans to invest over $10 billion in the next five years to enhance computing power for smart-driving research and development, according to a senior executive.
Reserve Bank of India: economy holds amid West Asia turmoil
Despite the West Asia conflict escalating energy prices and input costs, the Indian economy remains stable, according to a recent RBI Bulletin.
Proposed class action accuses JetBlue of 'surveillance pricing' in Brooklyn
JetBlue has been sued in a class action lawsuit alleging the airline uses customers' personal data to dynamically set ticket prices, violating privacy rights.
Era raises $11 million to expand AI platform for devices
Era, a startup enabling hardware makers to create AI devices, has raised $11 million to develop a software platform for intelligent gadgets.
Tesla's $25B AI and robotics plan sparks nearly 3% slide
Tesla's stock fell nearly 3% as CEO Elon Musk ramps up spending on AI and robotics, causing investor concern over the lack of immediate returns.
Indian rupee falls to 94.10 against USD 4th straight day
The Indian rupee fell to 94.1050 against the US dollar due to escalating tensions in West Asia, rising oil prices, and continuous outflows from Indian equity markets.
Dabur makes Mohit Malhotra global CEO, Herjit Bhalla India CEO
Herjit S. Bhalla has been named the new chief executive officer for Dabur India's business, effective from April 23, 2026. Mohit Malhotra will now serve as the global CEO.
Tata Capital uses AI to cut credit costs and grow
Tata Capital has reported a 14 bps year-on-year reduction in credit cost in FY26, attributing the improvement to its use of artificial intelligence.
PPF v/s FD: Which is better for long-term investment?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Planning to take a business loan? Read this first
Navigating the world of business loans can be tricky, especially for first-time entrepreneurs in India.
Convertible securities: All about this unique investment opportunity
Convertible securities provide a unique investment opportunity, allowing investors to convert bonds or preferred shares into a predetermined number of common shares.
India on verge of signing its biggest-ever defense deal
India and Germany are on the verge of finalizing an $8 billion submarine deal, German Defense Minister Boris Pistorius has announced.
RBI plans new wallets for foreign visitors, travel, gifting
The Reserve Bank of India (RBI) has proposed a new category of prepaid payment instruments (PPIs) in its latest draft paper.
India's ultra-rich population surges; billionaires to rise 51% by 2030
India's ultra-wealthy population is growing at a rapid pace. The country has now become the sixth-largest in terms of ultra-high net worth individuals (UHNWI), according to a Knight Frank report.
India's private sector growth accelerates in April
India's private sector activity gained momentum in April, with a strong performance from the manufacturing sector.
Number of billionaires to reach 4,000 in next 5 years
The global billionaire population is projected to hit nearly 4,000 by 2031, according to a report by estate agent Knight Frank.
Amazon India invests ₹2,800cr to scale quick commerce, logistics
Amazon India has announced a massive investment of ₹2,800 crore (nearly $300 million) to boost its infrastructure and operations across the country.
Bikaji founder Shiv Ratan Agarwal passes away at 74
Shiv Ratan Agarwal, the Chairman and Managing Director of Bikaji Foods International Ltd, has passed away in Chennai. He was 74 years old.
Sensex crashes 1,600 points in 2 days: What's hurting markets?
The Indian stock market has been on a downward spiral for the past two sessions, with the Sensex and Nifty 50 crashing by nearly 1,600 points or almost 2%.
Slice seeks $100M funding to expand physical and digital presence
Bengaluru-based fintech firm Slice is in advanced talks to raise between $80 million and $100 million in a new funding round.
Nintendo faces lawsuit as customers demand tariff refund share
A class action lawsuit has been filed against Nintendo of America, demanding the gaming giant pass on the money it expects to receive from tariff refunds.
Tesla triples spending to $25B for AI, robotics push
Tesla has announced a massive increase in its capital expenditure (capex) for 2026, with plans to spend $25 billion.
Petrol, diesel may jump ₹25-28/liter after elections: Report
Petrol and diesel prices in India could see a major spike after the ongoing Assembly elections end on April 29.
Gold, silver extend losses amid oil price surge, risk-on sentiment
Gold and silver prices have witnessed a dip in early trade today. The decline is mainly due to the easing geopolitical tensions after the US-Iran ceasefire extension, which has reduced the demand for safe-haven assets.
Oil prices surpass $100 as US-Iran peace talks remain stalled
Oil prices have witnessed a surge for the fourth consecutive day, as peace negotiations between the US and Iran remain stalled.
This billionaire backed Trump's crypto firm. Now he's suing it
Justin Sun, a billionaire investor and cryptocurrency advocate, has filed a lawsuit against World Liberty Financial (WLFI), the crypto venture co-founded by US President Donald Trump and his son Eric Trump.
Who is Dan Shapero, LinkedIn's new CEO?
Microsoft has announced the appointment of Dan Shapero as the new Chief Executive Officer (CEO) of LinkedIn.
Sensex, Nifty decline as crude tops $100 amid US-Iran tensions
India's benchmark stock market indices opened lower on Thursday, following a spike in crude oil prices.
Gates Foundation to cut 20% of staff by 2030
The Bill & Melinda Gates Foundation has announced plans to cut up to 20% of its workforce by 2030.
Why Tesla's battery business is suddenly slowing down
Tesla's battery business, a key revenue driver for the electric vehicle (EV) maker, has hit a rough patch.
Indian e-commerce stocks: All about this investment option
Investing in Indian e-commerce stocks can be a profitable opportunity, given the booming online retail market.
Google signs multi-billion dollar deal with Mira Murati's AI start-up
Thinking Machines Lab, the AI start-up founded by ex-OpenAI executive Mira Murati, has signed a major multi-billion-dollar deal with Google.
Modi government wants these states to cut VAT on ATF
The Civil Aviation Ministry is in talks with the Delhi, Tamil Nadu, West Bengal, and Maharashtra governments to cut value added tax (VAT) on aviation turbine fuel (ATF).
India's Q1 housing sales down 4%: What's the reason?
The ongoing slowdown in information technology (IT) hiring and layoffs is beginning to affect India's housing market.
Why Zerodha has shut down its 'Zero1' program
Leading Indian discount broker Zerodha has announced the discontinuation of its Zero1 initiative.
India aims to outpace China in green hydrogen production
India is targeting to produce five million metric tons of green hydrogen annually by 2030.
Apple still takes App Store guidelines for external payments seriously
Apple has removed the MyFitnessPal-owned Cal AI food-logging app from its App Store, TechCrunch reported.
New online gaming rules from May 1: What has changed?
The Ministry of Electronics and Information Technology (MeitY) has announced a new regulatory framework for online gaming.
Modi government now allows ethanol blending in aviation turbine fuel
In a major push toward cleaner and alternative energy sources for aviation, the Ministry of Petroleum and Natural Gas has amended the rules governing aviation turbine fuel (ATF).
KKR captain Ajinkya Rahane joins footwear brand Chupps as investor
Cricketer Ajinkya Rahane, the captain of Kolkata Knight Riders, has invested in Mumbai-based open footwear brand Chupps. The investment value remains undisclosed.
India's fiscal deficit may hit 4.5% of GDP
India's fiscal deficit is projected to exceed the budgeted target, hitting 4.5% of GDP, research firm BMI said.
Tech Mahindra's Q4 profit rises 16% YoY to ₹1,354cr
Tech Mahindra, a leading IT services company, has reported a strong financial performance for the March quarter.
Is ₹1cr enough for you to retire in 2046?
The magic number of ₹1 crore has long been the gold standard for retirement planning in India.
Dunzo's Kabeer Biswas raises ₹102cr for new AI start-up
Kabeer Biswas, the former co-founder of Dunzo, is raising ₹102 crore (about $11 million) for his new start-up 'M.' The company has already received nearly $9 million and expects the remaining funds soon.
This IIM-B grad is driving OpenAI's enterprise sales in India
Nitin Bawankule, a seasoned sales leader from Mumbai, has been appointed as the Head of Enterprise Sales for India at OpenAI.
How Amazon will stop sale of fake products in India
E-commerce giant Amazon is intensifying its efforts to fight against the sale of counterfeit products in India.
OpenAI plans to invest $1.5B in DeployCo: What is it?
OpenAI, the company behind ChatGPT, is planning to invest up to $1.5 billion in a new joint venture with private equity firms.
Why Microsoft is facing a $2.8B lawsuit in the UK
A London tribunal has given the green light to a mass lawsuit against Microsoft, The Guardian reported.
HCLTech shares hit 52-week low today: Here we decode why
HClTech's shares plummeted by up to 10% today, hitting a 52-week low of ₹1,297.
Crude oil prices hover near $100 as US-Iran tensions linger
Crude oil prices have remained stable in early Asian trading on Wednesday, April 22.
Akasa Air adds more jets as fleet hits 38
Akasa Air, the airline that started operations in August 2022, has added a new Boeing 737 MAX 8-200 aircraft to its fleet.
Lufthansa cancels 20,000 flights as jet fuel prices double
Deutsche Lufthansa AG, Europe's largest airline group, has announced plans to cancel 20,000 short-haul flights from its European summer schedule.
Sensex tanks over 800 points: What's behind today's decline?
The Indian stock market witnessed a major downturn on Wednesday, with the Sensex and Nifty 50 both seeing significant losses.
Chip giant ASML to lay off 1,700 employees amid restructuring
Dutch chip equipment maker ASML is set to lay off around 1,700 employees.
SpaceX strikes deal to buy AI start-up Cursor for $60B
SpaceX, Elon Musk's rocket and satellite company, has announced a major deal with artificial intelligence (AI) start-up Cursor.
PPF or FD: Which has higher interest rates?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
NRI loans: All about this option
Navigating the world of loans can be tricky, especially for non-resident Indians (NRIs) looking to invest in India.
HCL Tech's Q4 FY26 profit rises 4.2% YoY to ₹4,488cr
HCL Technologies, India's third-largest IT firm by market capitalization, has announced a 4.2% year-on-year (YoY) increase in its consolidated profit for the March quarter (Q4 FY26).
Why India has paused bilateral investment treaty talks with UK
India and the United Kingdom have put their bilateral investment treaty (BIT) negotiations on hold.
Elon Musk purchased SpaceX stocks worth $1.4B last year
Elon Musk, the CEO of SpaceX, bought $1.4 billion worth of shares from current and ex-employees last year.
Brands are now turning to AI chatbots to boost visibility
As the digital landscape evolves, brands are now focusing on visibility within AI chatbots like ChatGPT and Gemini.
Indian flights now can't use Pakistani airspace till May 24
Pakistan has extended its ban on Indian aircraft using its airspace by another month.
SpaceX: Elon Musk to retain voting control even after IPO
SpaceX is set to go public with a valuation of $1.75 trillion and plans to raise $75 billion.
Fintech stocks: All about this investment opportunity
India's fintech revolution is changing the way we look at financial services.
Air India announces 4-day sale on international routes: Check deals
Air India has launched a limited-period Summer Sale, offering major discounts on international flights.
Why Air India inked 10-year deal with aerospace giant Thales
Air India has signed a 10-year deal with French aerospace and defense giant Thales.
Groww shares hit record high today: What's the reason?
Stocks of Billionbrains Garage Ventures, the parent company of online brokerage platform Groww, surged 10% to a record high of ₹216 on the Bombay Stock Exchange (BSE) today.
SpaceX president made $86M in 2025. Musk earned $54k
SpaceX president and COO Gwynne Shotwell raked in a whopping $85.8 million in total compensation last year, according to a company prospectus. The figure makes her one of the highest-paid executives in the US.
INOX Clean Energy wants to raise $1B via IPO
INOX Clean Energy Ltd, a major player in the renewable energy sector, is said to be reviving its initial public offering (IPO) plans.
Mumbai airport: Flights paused between 11:00am-5:00pm on May 7
Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai will halt all flight operations for six hours on May 7.
Your health insurance premium might go up 10-15% in 2027
Health insurance premiums in India are likely to increase by 10-15% over the next year, industry experts have said.
Why Trump's Board of Peace held talks with DP World
US President Donald Trump's 'Board of Peace' has held talks with Dubai-based multinational company, DP World.
Alex Jones's controversial platform 'Infowars' might have a new owner
The Onion, a popular satirical website, is planning to lease Alex Jones's controversial platform Infowars.
Is Amazon making shopping unaffordable on other websites?
California's Attorney General Rob Bonta has accused Amazon of engaging in a widespread price-fixing scheme.
Tim Cook is still the bridge between Apple and Trump
Tim Cook may be stepping down as Apple's CEO, but his role in the company isn't going to change much.