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Business News

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22 Jun 2026
IIT Roorkee

IIT Roorkee sets up ₹1,000cr fund for deep-tech start-ups

The Indian Institute of Technology (IIT) Roorkee has announced a ₹1,000 crore Super Endowment Fund in partnership with IvyCap Ventures and NuQuant.

22 Jun 2026
Workplace

'Eat faster or work longer': Viral lunch-break notice angers netizens

A controversial office notice has gone viral on social media, sparking widespread criticism and debate over workplace culture and employee rights.

22 Jun 2026
Nandan Nilekani

This Nandan Nilekani-backed ₹2,500cr fund will support early growth-stage start-ups

Fundamentum Partnership, a venture capital firm co-founded by Infosys co-founder Nandan Nilekani and former Helion Venture Partners executive Sanjeev Aggarwal, is planning to launch its third fund.

₹4,225cr+ in penalties: How CCI is transforming businesses in India

The Competition Commission of India (CCI) has been cracking down on anti-competitive behavior with a vengeance, racking up penalties worth over ₹4,225 crore in 54 cases over the last five fiscal years.

22 Jun 2026
CRED

Kunal Shah becomes WhatsApp head, Meta invests $900M in CRED

Meta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech start-up CRED during its Series H funding round.

22 Jun 2026
TL;DR

WazirX returns after $235 million cyber attack, restores most user funds

WazirX is launching AI-driven trading tools and subscription-based models to regain market share after a USD 235 million cyber attack and court-approved restructuring.

22 Jun 2026
TL;DR

Rupee weakness and global gains lift bullion prices in India

Gold surged ₹1,700 to ₹1.52 lakh per 10 grams, while silver jumped ₹4,800 to ₹2.45 lakh per kg as global markets strengthened and the rupee depreciated.

22 Jun 2026
ChatGPT

Getty Images stock soars 200% on OpenAI partnership

Getty Images' stock price surged over 200% in premarket trading today, following the announcement of a partnership with OpenAI.

22 Jun 2026
TL;DR

World Bank approves $1.5 billion for 11 million Indian jobs

The World Bank approved USD 1.5 billion financing to support India's private sector reforms, aiming to create 11 million jobs and accelerate economic growth over two decades.

22 Jun 2026
Indian Economy

India's core sector growth slows to 7-month low

India's core sector growth has slowed down sharply to a seven-month low of 0.5% in May, data released by the government showed.

22 Jun 2026
TL;DR

US blocks Anthropic models for foreign users, Europe seeks alternatives

Recent U.S. limits on AI access are driving European companies to adopt diverse providers and explore domestic alternatives to mitigate dependency risks.

22 Jun 2026
SpaceX

SpaceX shares fall for 3rd straight session

SpaceX's stock has witnessed a sharp decline in premarket trading today, falling over 5%.

22 Jun 2026
TL;DR

India's core industries slow to 0.5% growth in May 2026

India's core sector growth dropped to 0.5% in May 2026, down from April's 1.8%, with steel, cement, and electricity showing gains amid broader industrial sluggishness.

22 Jun 2026
TL;DR

Info Edge invested ₹1,003cr in AI deep tech, portfolio ₹1,827cr

Info Edge has invested Rs 1,003 crore in 54 AI and deeptech startups since 2020, with the portfolio's value surging to Rs 1,827 crore, reflecting an impressive 82% growth.

22 Jun 2026
TL;DR

FIFA World Cup prompts remote work and traffic management measures

Even staunch remote work critics like JPMorgan are allowing employees to work from home during FIFA World Cup match days, highlighting the practicality of avoiding traffic chaos.

22 Jun 2026
TL;DR

AI demand drove chip costs up 4x, Tim Cook says

The surge in AI demand has caused a memory-chip shortage, driving up production costs for gadgets like smartphones, laptops, and gaming consoles globally.

22 Jun 2026
TL;DR

Akasa Air adds Boeing 737 MAX VT-YBP, fleet totals 39

Akasa Air received its 39th Boeing 737 MAX aircraft, VT-YBP, in Bengaluru. The airline plans to expand further with 187 more planes set for delivery over six years.

Who's Vikas Garg, businessman whose ₹940cr assets face ED action?

The Enforcement Directorate (ED) has provisionally attached assets worth ₹940 crore owned by businessman Vikas Garg.

22 Jun 2026
Apple

FAAMNG firms hire 13,600 workers in India this year

The FAAMNG group, which includes Facebook (now Meta), Amazon, Apple, Microsoft, Netflix and Google as well as their affiliates, has hired some 13,600 people in India so far this year.

22 Jun 2026
TL;DR

India's 8th Pay Commission opens Lucknow consultations on pay, pensions

The 8th Pay Commission's recommendations could significantly influence pensions, family pension benefits, and retirement security for millions of beneficiaries.

22 Jun 2026
Aditya Birla Group

Aditya Birla Group will now make bicycle components

Aditya Birla Group's Hindalco Industries has commissioned a new manufacturing facility for aluminum bicycle components.

22 Jun 2026
Tata

Tata Communications stocks hit 52-week high today: Should you buy?

Tata Communications Ltd's shares have hit a 52-week high, extending their gains for the third consecutive session today.

22 Jun 2026
Air India

Why Air India has joined hands with Booking.com

Air India has announced a strategic partnership with Booking.com, one of the world's leading online travel agencies.

22 Jun 2026
TL;DR

China allows qualified foreign funded firms to list domestically

China unveils a new action plan enabling qualified foreign-funded firms to list on domestic stock exchanges, aiming to bolster foreign investments and boost economic activity.

22 Jun 2026
TL;DR

Gold slips to ₹1.47L per 10g on MCX, silver gains

Gold futures on MCX dipped 1.41% amid weak technical signals, while silver futures rose 0.92% driven by fresh buying and resilient consumer interest in precious metals.

22 Jun 2026
TL;DR

India exempts foreign investors from capital gains tax, ₹32,630cr inflows

Global funds surged into Indian bonds, with Rs 32,630 crore invested since June 5 reforms removing capital gains tax on foreign investments in government securities.

22 Jun 2026
TL;DR

ArcelorMittal partners with AWS to boost safety and efficiency globally

ArcelorMittal collaborates with AWS to integrate cloud and AI technologies, aiming to enhance safety, reliability, and sustainability across its global steelmaking operations.

22 Jun 2026
TL;DR

Bernstein says India should build foundational AI amid U.S.-China competition

India must develop its own foundational AI model, warns Bernstein, as reliance on foreign LLMs risks geopolitical vulnerabilities and technological dependence on the US and China.

22 Jun 2026
Europe

Ray-Ban heir steps up battle for family empire

31-year-old Leonardo Maria Del Vecchio, the heir to the Ray-Ban fortune, has publicly challenged his family's holding company.

22 Jun 2026
TL;DR

Bitcoin holds near $64,000 as investors watch US data

Bitcoin traded near $64,000 as cautious investors navigated geopolitical tensions and awaited key US economic data, while the broader crypto market showed mixed momentum.

22 Jun 2026
TL;DR

Jet fuel down after U.S.-Iran deal but fares remain high

Jet fuel prices have significantly declined, offering airlines a profitability boost. However, tight capacity and efforts to recover past fuel costs may keep ticket prices high.

22 Jun 2026
TL;DR

Moody's warns India's fragmented water governance threatens public finances

India's fragmented water governance, subsidized pricing, and aging infrastructure heighten fiscal strain and credit risks, Moody's warns in a report on water-stressed systems.

22 Jun 2026
TL;DR

SEBI's GARUDA framework cuts AIF approval to 10 working days

SEBI's GARUDA framework accelerates AIF scheme rollouts, reducing regulatory delays and enabling quicker capital deployment into startups, say venture capital investors.

22 Jun 2026
TL;DR

EasyJet rejects £4.74bn takeover bid from US firm Castlelake

EasyJet has declined a £4.74bn takeover offer from US firm Castlelake, calling the bid "highly opportunistic" despite a 24% premium to its recent share price.

22 Jun 2026
TL;DR

Piyush Goyal says US trade talks stuck over 50% tariff

India's trade minister Piyush Goyal stated that delays in finalizing a trade agreement with the U.S. stem from a 50% tariff, as India pursues preferential market access.

22 Jun 2026
TL;DR

Accenture cuts FY2026 outlook despite $18.7B Q3 revenue growth

Accenture's lowered growth guidance and challenging demand conditions signal persistent headwinds for the IT services industry, according to Kotak Institutional Equities.

22 Jun 2026
TL;DR

China's AI stocks jump in Hong Kong after policy boost

Chinese AI-related stocks soared as Beijing introduced supportive measures to expand AI adoption, while global demand for the technology fueled investor optimism.

22 Jun 2026
TL;DR

Bitcoin around $64,000, Ethereum $1,737, fear and greed index 22

Bitcoin held steady near $64,000 as long-term holders accumulated, while ETF inflows paused and broader crypto markets faced subdued sentiment and macro uncertainties.

22 Jun 2026
Workplace

Is Gen Z earning higher than millennials at same age?

A recent study by the Resolution Foundation has revealed that Generation Z (Gen Z) workers born in the late 1990s are earning more at age 24 than any other cohort since those born in the 1950s.

This EV logistics start-up is planning $200M IPO in India

Zypp Electric, an electric vehicle (EV) logistics start-up, is gearing up for a major initial public offering (IPO) of $150-200 million.

22 Jun 2026
South Korea

SK Hynix is now South Korea's most valuable company

SK Hynix has overtaken Samsung Electronics to become South Korea's most valuable listed company.

22 Jun 2026
AirAsia India

This low-cost airline has reduced fares by 5%

Malaysian budget airline, AirAsia X, has announced a 5% fare reduction.

22 Jun 2026
India

Attention! Banks will remain closed for 3 days this week

If you have any important banking work this week, plan accordingly.

22 Jun 2026
United States of America

Did Polymarket advertise fake profitable bets?

Polymarket, a leading prediction market platform, has been accused of paying online creators to post misleading videos showing them making profitable bets on its platform.

22 Jun 2026
TL;DR

Air India partners with Booking.com for flights and stays

Air India teams up with Booking.com to launch a co-branded platform, enabling customers to book flights and accommodations seamlessly while earning exclusive Maharaja Club rewards.

22 Jun 2026
TL;DR

Big Tech adds 13,600 jobs in India amid AI demand

FAAMNG companies hired 13,600 professionals in India this year, a 6% rise from 2025, driven by demand for AI and cloud talent despite global layoffs and cautious hiring trends.

22 Jun 2026
Central Government

India's draft satcom rules add layers of security approvals

The Indian government has issued new draft rules, mandating security clearance for satellite communication (satcom) companies even after spectrum assignment.

22 Jun 2026
TL;DR

AI powered services to reach $4.38B in India banking, insurance

India's banks and insurers are leveraging AI to revolutionize fraud detection, credit underwriting, and personalized banking, driving efficiency and financial inclusion.

22 Jun 2026
TL;DR

Nestle, Uber, Ikea join 112 firms urging governments prioritize electrification

Over 100 companies, including Nestle and Uber, urge governments to prioritize electrification, citing reduced fossil fuel reliance and enhanced energy security as key benefits.

22 Jun 2026
TL;DR

MeitY shortlists 5 firms for AI procurement drafting platform

Five firms, including NEC India and Kyndryl, have advanced in MeitY's bid process to develop an AI-powered platform aimed at streamlining government tender drafting and compliance.

22 Jun 2026
TL;DR

Gurugram-based Zypp Electric readies $150-$200 million IPO and pre-IPO round

Zypp Electric, an EV logistics startup, is preparing for a $150-200 million IPO in FY28 and has appointed Axis Capital, SBI Capital Markets, and DAM Capital as bankers.

ITR-3 filing goes live on Income Tax portal

The Income Tax Department has enabled online filing and Excel utility for ITR-3 for Assessment Year (AY) 2026-27.

22 Jun 2026
TL;DR

New India Assurance hits 52-week high as NSE IPO seller

Shares of New India Assurance surged 47% over seven sessions, hitting a 52-week high of ₹215.59, driven by its inclusion as a selling shareholder in NSE's upcoming IPO.

22 Jun 2026
Agriculture

RBI revises Kisan Credit Card rules

The Reserve Bank of India (RBI) has announced major changes to the Kisan Credit Card (KCC) Scheme.

22 Jun 2026
TL;DR

Anthropic's $965 billion valuation clashes with Trump administration security controls

Anthropic’s rapid growth and $965bn valuation have positioned it as a leader in AI, drawing scrutiny from the Trump administration over national security concerns.

22 Jun 2026
TL;DR

Bajaj Auto launches largest ever ₹12,000 per share buyback

Bajaj Auto shares rose 2% to Rs 10,268 as investors positioned for its largest-ever Rs 5,633 crore share buyback, set at a premium price of Rs 12,000 per share.

22 Jun 2026
China

China warns of supply chain disruption amid trade tensions

China has warned that supply chains could be disrupted as major trading partners consider new strategies to tackle growing imbalances and reduce reliance on rare earths.

22 Jun 2026
TL;DR

Goldman Sachs: India on track becoming major data center hub

India is set for rapid data centre growth, fueled by AI demand, favorable demographics, and strategic proximity to West Asia, according to a Goldman Sachs Research report.

22 Jun 2026
TL;DR

Srikanth Velamakanni sees Indian IT services recovery in 12-18 months

Indian IT services face temporary challenges, but Fractal CEO Srikanth Velamakanni predicts a rebound within 12-18 months as AI adoption drives demand and reshapes the industry.

22 Jun 2026
TL;DR

Reliance Industries shares rise over 2% after Jio IPO filing

Reliance Industries shares rose over 2% after Jio Platforms filed its draft IPO papers, sparking investor optimism about value unlocking and future growth opportunities.

22 Jun 2026
Nifty

Sensex jumps nearly 500 points, Nifty trades above 24,150

The Indian stock market witnessed a recovery on Monday, with the Sensex and Nifty indices rising by 0.6% each.

22 Jun 2026
TL;DR

FTC clears Aurobindo Pharma USA purchase of Lannett with divestiture

The U.S. FTC has approved Aurobindo Pharma's $250 million acquisition of Lannett Company, enhancing its U.S. manufacturing footprint and product portfolio.

22 Jun 2026
TL;DR

EPFO 3.0 to enable UPI ATM withdrawals and faster settlements

EPFO 3.0 aims to revolutionize provident fund withdrawals by introducing UPI-based transfers and ATM access, enabling faster, hassle-free transactions for millions of subscribers.

22 Jun 2026
Bitcoin

Bitcoin slips below $64,000

Bitcoin's price has fallen to nearly $63,242 in early trade today. The cryptocurrency later recovered slightly to trade at $63,980, marking a 0.57% decline over the last 24 hours.

22 Jun 2026
TL;DR

Zoho founder Sridhar Vembu warns of AI data center bubble

Zoho founder Sridhar Vembu supports IBM CEO Arvind Krishna's concerns, emphasizing core AI investments over speculative spending on massive data center infrastructure.

22 Jun 2026
TL;DR

KOEL shares surge 20% after HyperNext order, JM Financial upgrade

Shares of Kirloskar Oil Engines surged 20% to hit Rs 2,389.80 after securing a significant AI data center order and receiving a bullish target price upgrade from JM Financial.

22 Jun 2026
TL;DR

Indian IT stocks rebound after Dario Amodei warned on AI

IT stocks rose 1.2% on June 22, led by Coforge and Tech Mahindra, as Anthropic CEO Dario Amodei highlighted revenue challenges for AI firms amid soaring infrastructure costs.

22 Jun 2026
TL;DR

PFRDA issues new audit rules for NPS and APY providers

The PFRDA has introduced a new audit framework for NPS and APY intermediaries, mandating periodic audits to enhance compliance standards and safeguard subscriber interests.

22 Jun 2026
TL;DR

Kevin Warsh reshapes Fed communication, markets expect higher rates

US Federal Reserve Chair Kevin Warsh adopts concise policy statements, emphasizing inflation and price stability while launching reviews of central bank operations.

22 Jun 2026
TL;DR

SK Hynix becomes South Korea's most valuable company at $1.35T

SK Hynix surpassed Samsung Electronics as South Korea’s most valuable company, driven by surging demand for memory chips amid the AI data centre boom.

22 Jun 2026
TL;DR

Amazon declares water positive in India a year early

Amazon announced achieving "water positive" status in India, returning more water than it uses, amid scrutiny over resource-intensive data centre expansions.

22 Jun 2026
TL;DR

Emerging markets hit record amid US Iran peace progress

Emerging-market stocks soared to a record as US-Iran peace talks progressed, cooling crude prices below $80, while AI-driven tech shares fueled gains.

22 Jun 2026
TL;DR

Bitcoin at $63,242 after U.S.-Iran tensions, investors eye core PCE

Bitcoin dipped to $63,242 before recovering slightly to $63,980 as investor sentiment wavered due to US-Iran tensions and upcoming inflation data.

22 Jun 2026
TL;DR

Oil prices dip after 1st round U.S.-Iran talks in Switzerland

Crude oil futures fell on Monday morning as the first round of US-Iran talks in Switzerland concluded, with Brent and WTI prices dropping by 1.40% and 0.26%, respectively.

22 Jun 2026
TL;DR

India's NSE and Jio move toward landmark IPOs, signaling growth

India's IPO market is set for a historic moment as NSE and Jio Platforms prepare for their mega listings, showcasing financialisation and digitalisation trends.

22 Jun 2026
TL;DR

Indian Sensex climbs 400 points as Nifty rises past 24,100

Indian stock markets rebounded on Monday, with Sensex surging over 400 points and Nifty crossing 24,100 as IT stocks led broad-based gains.

22 Jun 2026
TL;DR

Nifty 50 and Sensex rise around 0.5% as sectors rally

Indian stock markets opened higher on Monday amid progress in US-Iran talks, while the rupee fell 9 paise to 94.42 against the US dollar in early trade.

22 Jun 2026
China

China bans procurement from 46 US firms amid trade war

In a major escalation of tensions with Washington, China has imposed export controls on 10 US companies and barred another 46 from its government procurement.

22 Jun 2026
Donald Trump

Oil tops $81 after Iran shuts Strait of Hormuz again

Oil prices surged on Monday after Iran announced the closure of the Strait of Hormuz, a major chokepoint for global energy trade.

22 Jun 2026
TL;DR

Government locks EPF rate at 8.25% for FY26 ensuring stability

The government has approved an 8.25% EPF interest rate for FY26, enabling over seven crore subscribers to receive credited amounts by the end of this month.

22 Jun 2026
TL;DR

Rupee opens at 94.36 against US dollar, down 4 paise

The Indian rupee started at 94.36, down 4 paise against the US dollar, as easing crude prices and US-Iran diplomatic progress influenced market sentiment.

22 Jun 2026
TL;DR

SBI Funds Management set for IPO after SEBI approval

SBI Mutual Fund, India's largest AMC, is set to go public. The IPO offers SIP investors a chance to become shareholders, benefiting from the asset management business's growth.

22 Jun 2026
TL;DR

Income Tax Department makes ITR-3 live on e-filing portal

The Income Tax Department has activated online and Excel-based filing for ITR-3 for AY 2026–27, catering to taxpayers with business or professional income.

22 Jun 2026
TL;DR

AI chip stocks show low P/E ratios amid investor doubt

Sevens Report Research cautions investors that low valuations of AI stocks may signal skepticism about future earnings, with fears of a potential data center slowdown looming.

22 Jun 2026
TL;DR

RBI moves to curb banks selling insurance, mutual funds

The RBI has introduced new guidelines to curb mis-selling in banks, addressing long-standing issues of unsuitable financial product sales driven by aggressive sales targets.

22 Jun 2026
TL;DR

Income Tax Department uses AI to spot tax return errors

With AI-driven data matching, the Income Tax Department can now easily detect discrepancies in ITR filings, making even minor mistakes a potential trigger for scrutiny or delays.

22 Jun 2026
TL;DR

Brent $81 WTI $79 as Iran shuts Strait of Hormuz

Crude oil prices climbed as Iran shut the Strait of Hormuz over US-Israel tensions, while Asian markets rallied, with Japan and Taiwan hitting record highs driven by tech stocks.

22 Jun 2026
TL;DR

Brent crude slips below $80 on U.S.-Iran peace deal hopes

Oil prices dipped as US-Iran peace talks showed progress, while gold rebounded over 1% amid softer crude prices and easing inflation concerns.

22 Jun 2026
TL;DR

Anagha Rajesh moves BioCompute to San Francisco, closes Bengaluru office

Anagha Rajesh, founder of BioCompute, is shutting down operations in Bengaluru and moving to San Francisco, citing India's lack of risk appetite for deep-tech innovation.

22 Jun 2026
TL;DR

Nestle India to discuss shareholder special dividend July 3

Nestle India plans to declare a special dividend on July 3, rewarding over 5 lakh retail shareholders, alongside its final dividend for the financial year 2026.

22 Jun 2026
TL;DR

China adds 2 US rare earth firms to export controls

China has added MP Materials and USA Rare Earth to its export control list, banning shipments of dual-use items amid rising tensions over critical mineral supply chains.

22 Jun 2026
TL;DR

HCLTech rolls out 'physical AI' to power robots and machines

HCLTech’s Sukant Acharya emphasizes how integrating robotics, AI, and digital twins is revolutionizing industries by enhancing efficiency, innovation, and sustainability.

22 Jun 2026
TL;DR

Indian markets steady with Gift Nifty 24,164 amid Iranian walkout

Indian equity markets are expected to open flat-to-positive amid mixed global cues, as optimism over U.S.–Iran peace talks is tempered by initial negotiation setbacks.

22 Jun 2026
TL;DR

Asian stocks climb after U.S.-Iran peace talks news, mixed gains

Asian markets gained on Monday, with Japan's Nikkei 225 and South Korea's KOSPI rising up to 2%, as US-Iran peace talks showed initial progress despite geopolitical tensions.

22 Jun 2026
TL;DR

Japan's Nikkei 225 tops 72,000 as AI investments surge

Japan's Nikkei 225 surpassed 72,000 for the first time, driven by robust AI investments and government plans to boost strategic sectors like chips and technology.

22 Jun 2026
TL;DR

Bharat Forge wins ₹425cr contract for Kolkata-class 1.25 MW generators

Bharat Forge shares gain attention after securing a ₹425-crore contract with the Ministry of Defence to supply advanced Gas Turbine Generators for Indian Navy warships.

22 Jun 2026
TL;DR

Oil jumps 2.2% as President Trump warns Iran over Hezbollah

Oil prices rose over 2% after President Trump warned of military action against Iran, raising concerns about setbacks in peace talks and disruptions in the Strait of Hormuz.

22 Jun 2026
TL;DR

Satya Nadella calls out small group dominating the AI world

Microsoft CEO Satya Nadella calls for democratizing AI, criticizing the dominance of a few companies and advocating for cheaper models, user control, and shared societal benefits.

22 Jun 2026
TL;DR

RBI to cover hedging costs enabling higher FCNR(B) deposit rates

The Reserve Bank of India’s latest move allows NRIs to earn up to 7% on dollar-denominated FCNR deposits, offering tax-free returns and eliminating currency risk.

22 Jun 2026
TL;DR

India's Zepto readies $1 billion IPO after 640 million orders

Zepto's $1-billion IPO highlights its focus on improving monetisation and profitability, as the quick commerce sector shifts from growth to financial performance metrics.

22 Jun 2026
TL;DR

AI startups across India boost hiring 21% year over year

India's AI startups are driving a hiring boom, outpacing the broader tech sector as demand for generative AI and automation accelerates large-scale deployments.

22 Jun 2026
TL;DR

India's deep tech startups poised for hundreds of millions funding

Indian deep-tech startups in space and AI are poised to secure hundreds of millions in investments, fueled by rising sovereign demand and strategic global market opportunities.

22 Jun 2026
TL;DR

Jamieson Greer in New Delhi to finalize U.S.-India interim deal

US Trade Representative Jamieson Greer is in India to advance discussions on the interim trade deal, aiming to finalize the first phase of the US-India Bilateral Trade Agreement.

22 Jun 2026
TL;DR

Rewards and cashback boost UPI growth for select fintechs

New fintech apps like Navi and super.money are leveraging cashback not just for payments but to drive growth in credit, commerce, and financial products.

22 Jun 2026
TL;DR

Jio Platforms IPO to almost double Reliance's BSE market share

Jio Platforms' IPO could elevate Reliance Industries Group's market cap share on BSE to nearly 7%, positioning RIL and JioP as India's top two companies by valuation.

22 Jun 2026
TL;DR

India unveils ₹7,100cr semiconductor incentives to attract ₹15,000cr investment

India will disburse ₹7,100 crore in FY27 to boost domestic semiconductor manufacturing and design, aiming to attract ₹15,000 crore investments and create 4,700 jobs.

22 Jun 2026
TL;DR

Hayley Waller named head of Guardian Labs Australia, experienced executive

Hayley Waller has been named head of Guardian Labs Australia, bringing extensive media and commercial leadership experience from roles in Australia and the UK.

22 Jun 2026
TL;DR

Yotta invests $6B to increase NVIDIA Blackwell GPUs to 30,000

Yotta Data Services is investing $6 billion to expand its AI infrastructure, increasing Nvidia GPU deployments to meet surging demand from Indian and global customers.

22 Jun 2026
TL;DR

CCPA fines Storia Foods and Beverages, English Oven ₹1L each

CCPA penalized two companies Rs 1 lakh each for misleading "100%" natural product claims, directing them to halt deceptive advertisements across all platforms.

22 Jun 2026
TL;DR

General Motors replaces 1,000-plus Factory Zero workers with 50 cobots

General Motors has replaced over 1,000 workers with 50 collaborative robots at its Detroit Factory Zero plant, citing cost-cutting and safety improvements amid declining EV demand.

These 8 IPOs will hit Indian market next week

The primary market is set to see a flurry of activity with the launch of eight new initial public offerings (IPOs) next week.

21 Jun 2026
India

India-EU free trade agreement to be signed by December

India and the 27-nation European Union (EU) are set to sign a free trade agreement (FTA) by December, Commerce and Industry Minister Piyush Goyal announced today.

21 Jun 2026
Piyush Goyal

India's merchandise exports up by 15% in Apr-Jun: Piyush Goyal

India's merchandise exports have witnessed a remarkable growth of around 15% during April 1-June 14, Commerce and Industry Minister Piyush Goyal announced today.

21 Jun 2026
Bharti Airtel

Market cap of India's top 9 companies up ₹2.15L crore

The combined market capitalization of nine out of India's top 10 most valued companies witnessed a major surge, gaining ₹2.15 lakh crore last week.

21 Jun 2026
India

India's Russian oil imports have gone up in June

India's crude oil imports from Russia surged to an average of 2.66 million barrels per day (bpd) in June, according to data from maritime and commodity intelligence firm Kpler.

21 Jun 2026
Air India Express

Air India Express introducing 1st international route from Navi Mumbai

Air India Express has announced the launch of direct flights from Navi Mumbai to Abu Dhabi, starting July 15.

21 Jun 2026
Tech Mahindra

Tech Mahindra has leased 4L sqft office space in Hyderabad

Tech Mahindra has signed a long-term lease for nearly four lakh square feet of office space in Hyderabad.

21 Jun 2026
Piyush Goyal

India-US trade deal can't be implemented without competitive advantage: Goyal

Commerce and Industry Minister Piyush Goyal has said the proposed trade agreement between India and the US cannot be implemented until a competitive advantage is secured.

21 Jun 2026
Ubisoft

Founder of Assassin's Creed maker Ubisoft dies in plane crash

Claude Guillemot, the co-founder of video game giant Ubisoft, died in a plane crash on Friday.

21 Jun 2026
Ministry of Finance

Garden Reach Shipbuilders is now a 'Navratna' company

Garden Reach Shipbuilders and Engineers (GRSE), a leading defense public sector company, has been awarded the prestigious 'Navratna' status by the Department of Public Enterprises under the Ministry of Finance.

20 Jun 2026
Anthropic

Google DeepMind loses Nobel-winning VP in latest high-profile exit

John Jumper, Vice President of Google DeepMind and a 2024 Nobel Prize in Chemistry winner, has announced his departure from the company.

20 Jun 2026
HDFC Bank

SBI, Axis Bank among lenders set to raise $2B overseas

India's leading banks, including State Bank of India (SBI), Axis Bank, and Bank of Baroda (BoB), are set to collectively raise at least $2 billion from international markets.

20 Jun 2026
PhonePe

PhonePe to charge ₹100 quarterly fee on inactive wallets

PhonePe, a leading digital payment and financial services company, has updated its wallet policy.

20 Jun 2026
China

Why China is tightening its grip on indium exports

China is tightening its grip on indium exports, a metal critical for next-gen data centers.

20 Jun 2026
Amazon Pay

CRED's biometric UPI feature nears 10M users

CRED, a fintech start-up founded by Kunal Shah, is on the verge of hitting a major milestone with its biometric authentication feature for UPI payments.

20 Jun 2026
China

Jio eyes $230B global opportunity with homegrown telecom tech

Jio Platforms Ltd is eyeing a massive $230 billion global market opportunity with its homegrown telecom technology.

20 Jun 2026
Air India

Air India CEO race narrows to Nipun Aggarwal, Vinod Kannan

Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders.

20 Jun 2026
China

Global investors pull out $8.5B from India-focused funds

Global investors have pulled out nearly $8.5 billion from India-focused funds in 2026, a report by Elara Securities has revealed.

20 Jun 2026
Jio

Reliance targets ₹4L crore EBITDA by 2031, focuses on AI

Reliance Industries has announced its ambitious plan to double its core profits (EBITDA) to ₹4 lakh crore by 2031.