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Oil nears $100 after Trump Iran comments, Google invests $17B
Oil prices approach $100 per barrel amid geopolitical shifts, while Nvidia CEO Jensen Huang's net worth drops by $15 billion due to stock declines.
Wipro September quarter sales up 9.06%, profit slips 1.4%
Wipro reported consolidated net sales of Rs 24,752.70 crore for September 2026, marking a 9.06% increase from the previous year.
Prabhudas Lilladher keeps Physicswallah 'Accumulate' with ₹140 target, 18.2% revenue
Prabhudas Lilladher maintains an accumulate rating on Physicswallah, setting a target price of Rs 140, citing strong growth potential in online and offline segments.
Gen Z bookings up 73% drive Diwali travel boom
Travel platforms and hotels report a significant increase in Diwali bookings, with Gen Z leading the trend towards early reservations and eco-friendly travel options.
E2E Networks sales soar over 400% to ₹223.76cr, profit 5.4x
E2E Networks' consolidated net sales reached Rs 223.76 crore in September 2026, marking a significant year-over-year increase of 410.82% from Rs 43.80 crore in September 2025.
Gold prices drop in India before wedding and festival rush
India's gold jewellery demand is rebounding as lower prices and the wedding season boost footfalls, with consumers favoring smaller purchases like coins and bars.
Indian markets up 7% this week as Sensex jumps 500
Indian benchmarks surged with Sensex up 500 points and Nifty above 24,600, driven by strong foreign buying, robust earnings, and value buying in large-cap stocks.
Jack Dorsey's Block conducts 2nd round of layoffs this year
Twitter co-founder Jack Dorsey's fintech company Block has laid off employees for the second time this year.
Apple seeks $7 billion through bond sale
Apple is looking to raise around $7 billion through a US-dollar bond offering, Bloomberg reported on Thursday.
Maxwell Engineering Solutions opens 90% higher ₹300 on NSE SME
Maxwell Engineering Solutions made a remarkable stock market debut with shares listing at a 90% premium, while HGS (India) and Johnsoncab Electricals also saw strong openings.
Venugopal Nandlal Dhoot declared bankrupt by Mumbai NCLT for ₹12,668.06cr
The National Company Law Tribunal (NCLT) has declared Videocon promoter Venugopal Dhoot bankrupt over ₹12,668 crore dues claimed by State Bank of India (SBI).
Cashfree launches Checkout for agents and adopts WebMCP standard
Cashfree launches Checkout for Agents, becoming India's first to use WebMCP, enabling seamless digital payments by AI agents with reduced token consumption.
HCL Technologies July-September 2026 posts ₹35,620cr sales ₹5,132cr profit
HCL Technologies' consolidated net sales reached Rs 35,620.00 crore in September 2026, marking an 11.51% year-over-year increase from September 2025.
Zeta's Bhavin Turakhia says AI has made coding less crucial
Zeta CEO Bhavin Turakhia, who began coding at 10, argues that AI is reshaping tech careers by prioritizing problem-solving and critical thinking over traditional coding skills.
Sensex 523.66-Point gain Nifty 101.60-Point rise amid Nasdaq weakness
Despite global market turmoil, India's Sensex rose 500 points and Nifty reclaimed 24,600, driven by strong FII buying and robust earnings growth in large-cap stocks.
Brent crude passes $100 amid Strait of Hormuz attacks
Crude oil prices surged as Brent crude exceeded $100 per barrel and WTI approached $92, following reports of tanker attacks in the Strait of Hormuz.
Foreign investors pump $1.6B into Indian stocks in one day
India has witnessed its biggest single-day foreign investment in nearly six years, with overseas investors buying Indian equities worth ₹14,796 crore on Thursday.
Sensex gains 134.14 points, Nifty slips as investors stay cautious
Despite a sharp overnight sell-off on Wall Street, the BSE Sensex showed resilience with modest gains, while the NSE Nifty slipped below 24,550 in early trade.
Asian markets tumble as AI linked tech shares suffer losses
Asian stocks experienced significant declines, with South Korea's KOSPI dropping over 7% and Japan's Nikkei losing more than 3,000 points due to AI-related fears.
$2.5T wiped out as Nasdaq plunges 5.5% in one day
The Nasdaq Composite index nosedived by a staggering 5.52% on Thursday, marking its biggest single-day decline in 19 months.
KLM to cut 1,000 jobs, shift 2,000 to Air France-KLM
Dutch airline KLM plans to cut 1,000 jobs and transfer 2,000 positions to Air France-KLM as part of a restructuring programme aimed at improving profitability amid rising costs.
Sensex falls 227, Nifty drops 104 amid AI investment worries
Indian equity benchmarks Sensex and Nifty opened lower on Friday, ending a six-day winning streak, due to a global tech sell-off and concerns over AI investment slowdowns.
Indian markets open weak as Sensex drops over 150 points
Sensex and Nifty opened lower amid a global AI sell-off, while Brent crude prices surged near $100 per barrel due to escalating tensions in the US-Israel-Iran conflict.
Nasdaq falls 5.52% into correction amid AI data center worries
The Nasdaq Composite plunged 5.52%, its steepest drop in 19 months, as fears of tighter AI regulations and data centre slowdowns triggered a broad technology stock sell-off.
SoftBank credit risk highest since 2022 as insurance costs jump
SoftBank's credit default swap spread hit a four-year high, driven by investor concerns over AI profitability and delayed returns on its significant investments in OpenAI and Arm.
HCG Q2 FY2027 reported profit down 55.22% to ₹9.25cr
Healthcare Global Enterprises reported a 55.22% decline in net profit to ₹9.25 crore, impacted by exceptional items, despite a 16% revenue growth in the quarter.
Brent crude rebounds to $99.59, West Texas Intermediate edges up
Brent crude prices surged to $99.59 per barrel after recent sharp declines, driven by geopolitical tensions and supply disruptions through the Strait of Hormuz.
Aumovio warns AI center surge could add €1bn to earnings
German auto supplier Aumovio SE predicts a €1 billion increase in automotive costs by 2027 due to surging semiconductor prices driven by AI data center demand.
Three charged over $129 million AI CEO and lawyer impersonation scam
Three individuals have been indicted for using AI to impersonate executives and attorneys, stealing approximately $129 million from companies worldwide, according to prosecutors.
Punjab unions reject 3% DA hike, seek central parity
Punjab employee unions dismissed the 3% DA hike as insufficient and announced a month-long protest starting November 13 to press for unmet demands.
Gold loan defaults almost double since March with ₹22.5L/cr outstanding
Gold loan defaults have nearly doubled from 0.2% to 0.3% between March and August 2026, as outstanding balances reached a record Rs 22.5 lakh crore.
Gold jumps 5.9% to $4,103.55/oz ahead of US jobs report
Gold prices rose 0.4% in early Asian markets, poised for a 5.9% weekly gain, as investors anticipate the US non-farm payrolls report for insights on interest rates.
Oil prices tumble over 12% amid months-long Middle East war
Oil is poised for its largest weekly drop since April, while gold is set to achieve its best weekly gain since August, driven by a weaker dollar and lower Treasury yields.
Oil holds near $100 after President Trump's Iran comment
Oil prices steadied near $100 per barrel after a volatile week, as US President Trump's remarks on Iran influenced market sentiment despite the largest weekly decline since April.
South Korea's KOSPI tumbles 8.5% amid US tech selloff
The KOSPI index fell below 5,000, a target set by President Lee Jae Myung, amid a steep sell-off in AI and semiconductor stocks.
SEBI permits alternative investment fund managers to certify investor accreditation
Sebi now permits alternative investment fund managers to independently certify investor accreditation, streamlining the process and offering greater flexibility.
Anthropic's $1.5 trillion upcoming IPO hopes undercut by AI selloff
Major investors question Anthropic's ability to achieve a $1.5 trillion valuation for its IPO amid a market selloff and AI sector uncertainties.
SEBI announces cash market netting for mutual funds April 2027
Sebi has allowed mutual fund schemes to net fund obligations from outright transactions in the cash market, effective April 1, 2027, enhancing settlement efficiency.
India may see up to 35,000 GCC jobs by 2027
India is projected to create up to 35,000 jobs in greenfield global capability centres next year, driven by US mid-sized companies seeking alternatives due to tighter H1B laws.
TCS, Infosys and HCLTech see rising staff costs despite AI
Despite advancements in AI and automation, India's top IT firms face escalating employee expenses due to investments in premium talent and reskilling efforts.
Investors wary of Anthropic's $1.5 trillion valuation ahead of listing
Potential investors question Anthropic's ability to proceed with its planned IPO roadshow amid a sharp technology selloff and geopolitical uncertainties affecting new offerings.
Nasdaq drops $2.5tn after AI earnings miss, Democratic midterm wins
Tech stocks plunged as the Nasdaq Composite lost 5.5%, driven by weak AI earnings and fears of increased regulation from Democrats following their midterm election victories.
Democratic midterm win prompts record S&P 500 and Nasdaq losses
S&P 500 and Nasdaq experienced record single-day market cap drops as investors reacted to Democrats' midterm sweep, with tech giants hit hardest.
Serve Robotics launches physical AI services after 2024 public debut
Serve Robotics is expanding its operations by launching Physical AI Services, aiming to supply technology to other companies and become the AWS for robots.
Mehli Mistry challenges Noel Tata trustee eligibility at Navsari trust
Mehli Mistry challenges Noel Tata's qualifications for the Bai Hirabai trust, questioning his adherence to the 1923 deed's criteria.
Retail investors dump $338 million in largest selloff since COVID-19
Retail traders sold a net $338 million in stocks, marking the largest single-day outflow since March 2020, amid a significant tech sector downturn.
Google invests $17B in 1st Wyoming data center for AI
Alphabet's Google announced a $17 billion investment to build its first data center in Wyoming, despite growing political resistance to data center expansion.
US mortgage rates dip 3rd week, 30-year 7.18% 15-year 6.57%
The average U.S. 30-year fixed-rate mortgage fell to 7.18% this week, marking its third consecutive weekly decline, according to Freddie Mac.
Mphasis posts strong Q2 with ₹561cr profit and $466 million deals
Mphasis reported a 14.6% sequential rise in net profit to ₹561 crore, driven by $466 million in AI-led deal wins and a record-high contract pipeline.
House Republicans ask NVIDIA CEO Jensen Huang explain China ties
Top Republican lawmakers have requested Nvidia CEO Jensen Huang to brief Congress about allegations of his ties with a Chinese businesswoman linked to espionage concerns.
Kia India to invest $1.5 billion in Anantapur plant expansion
Kia India plans to invest $1.5 billion to expand its Anantapur facility, increasing production capacity from 3 lakh to 5 lakh units annually.
Delhi High Court tells SAP to keep Nayara Energy running
The Delhi High Court's division bench upheld a single judge's order for SAP India to maintain software services for Nayara Energy, despite EU sanctions linked to Russia.
Adani Ports acquires European storage giant Evos for €2.5B
Adani Ports and Special Economic Zone Limited (APSEZ) has announced its plan to acquire a 100% stake in Netherlands-based Evos B.V.
Bharti Airtel Q2 profit rises 31% to ₹8,888cr
Bharti Airtel has reported a 31% increase in its net profit for the quarter ending September 30, 2026. The telecom giant's net profit stood at ₹8,888 crore during this period.
Muhurat trading on November 8: Check NSE, BSE timings
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will host a special Muhurat trading session on Sunday, November 8, 2026. The event is being held to celebrate Diwali Laxmi Pujan.
M&M Q2 profit jumps 25% to ₹4,588 crore
Mahindra & Mahindra has reported a robust 25% year-on-year increase in its consolidated net profit for the second quarter of FY27.
Blinkit to charge ₹2,500 for non-emergency ambulance rides
Blinkit has introduced a new fee structure for its ambulance services. The company now charges ₹2,500 for non-emergency patient transfers.
Shiprocket swings to profit as Q2 revenue jumps 35%
Shiprocket, a leading logistics and e-commerce enablement company based in New Delhi, has posted a net profit of ₹60 lakh for the second quarter of FY27.
Dubai Duty Free offers Indian travelers 10% UPI discount
Indian travelers can now enjoy a 10% discount at Dubai Duty Free by using India's Unified Payments Interface (UPI) for payments.
HDFC Bank hikes FD rates: Check new returns
HDFC Bank has revised its fixed deposit (FD) interest rates, effective from November 4, 2026.
Microsoft rejects multibillion-dollar deal with data center firm Nscale
Microsoft has rejected a multibillion-dollar agreement to more than double the size of its existing agreement with UK-based artificial intelligence (AI) company Nscale to rent computing power at a Texas data center.
Zomato now delivers food from restaurants up to 40km away
Zomato has launched a new feature called 'Limitless Delivery,' allowing customers to order food from their favorite restaurants even if they are far away.
Meta offers voluntary exits to employees in France
Meta, the tech giant led by Mark Zuckerberg, has joined the likes of Microsoft and Google in offering voluntary exits to select employees.
Tonbo Imaging shares double in just 10 trading sessions
Tonbo Imaging's shares jumped by 14% on Thursday, following the company's September quarter results.
OpenAI plans market debut in 2027 as enterprise sales surge
OpenAI President Greg Brockman has revealed that the company now earns most of its revenue from enterprise sales.
Lenskart jumps 10% after strong Q2 earnings
Lenskart's shares jumped over 10% on Thursday after the eyewear retailer reported a massive 122.1% year-on-year (YoY) jump in its consolidated profit for the September quarter.
Crude oil slips below $94 as US-Iran war fears ease
Oil prices have been on a downward trend for four consecutive days, with Brent crude futures dropping by 1.03% to $93.65 per barrel and US West Texas Intermediate crude futures falling by 1.29% to $86.98 per barrel on Thursday.
Sensex jumps 1,400 points, Nifty crosses 24,300
India's stock market opened on a high note today, extending its winning streak for the sixth consecutive session.
Sequoia raises $10B while scaling back global operations
Sequoia Capital, a leading global venture capital firm, has announced a major restructuring of its operations. The company has raised around $10 billion in new funds as part of this initiative.
Who is Emma Walmsley, HP's newly appointed CEO?
HP Inc. has appointed Emma Walmsley as its new Chief Executive Officer (CEO).
Google extends buyout offers to staff in 5 more countries
Google has extended its voluntary employee buyout program to five new countries. The move comes as part of a cost-cutting strategy amid the company's heavy investments in artificial intelligence (AI).
Lenskart's Q2 profit more than doubles to ₹232.5cr
Lenskart, India's leading eyewear retailer, has reported a massive year-on-year (YoY) growth in its net profit for the September quarter.
Cabinet clears ₹14,500cr scheme for 92GWh energy storage
The Union Cabinet has approved a massive ₹14,500 crore funding scheme aimed at developing 92GWh of new grid-scale energy storage capacity across India.
3,000 points in 3 days: What's driving the Sensex rally?
The Indian stock market has witnessed a massive turnaround in the last few sessions, with the Sensex surging by nearly 3,000 points.
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.
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.
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.
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.
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.
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.
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.
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).
Microsoft to raise $25B through bond sale
Microsoft has announced plans to raise $25 billion through a bond sale.
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.
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.
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.
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.