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Visakhapatnam CII Partnership Summit secures ₹5.84L/cr investments on day 1
On Day 1 of the CII Partnership Summit 2026 in Vizag, 73 MoUs and 15 G.O.s were signed, securing investment commitments worth ₹5.84 lakh crore to create over 1 lakh jobs.
Infosys co-founder S Gopalakrishnan attributes hiring slowdown to AI shift
The current hiring slowdown in tech services is temporary, says Infosys cofounder Gopalakrishnan, predicting a surge in AI-skilled job demand within three to five years.
Wingsure uses AI to secure loans for Indian farmers' premiums
Wingsure, an AI-driven crop-insurance tech company, seeks to facilitate farmers' access to credit from partner banks for easier premium payments, according to CEO Avi Basu.
Colette Kress named NVIDIA interim CEO after Jensen Huang's resignation
Colette Kress, Nvidia's CFO since 2013, has been appointed interim CEO following Jensen Huang's resignation amid a scandal involving personal misconduct.
Alleged spy affair prompts NVIDIA's Huang exit and security rethink
AI companies are increasingly hiring former intelligence operatives to bolster security, highlighted by Nvidia's CEO stepping down amid espionage concerns and personal scandals.
Vodafone Idea posts ₹5,975cr Q2 FY27 loss as revenue rises
Vodafone Idea reported a consolidated net loss of ₹5,975 crore for Q2 FY27 due to an exceptional item impact, while revenue from operations rose 6.2% year-on-year.
Jensen Huang resigns amid scandal, Colette Kress interim NVIDIA CEO
Jim Cramer commented on Jensen Huang's resignation as Nvidia CEO, citing an affair scandal. Colette Kress was named interim CEO amid a 12% premarket stock drop.
NVIDIA CEO Jensen Huang resigns, Colette Kress named interim CEO
Nvidia has commended Jensen Huang for his significant contributions following his resignation, while ensuring that business operations and commitments will remain uninterrupted.
Vodafone Idea posts ₹5,975cr September quarter loss after ₹462cr charge
Vodafone Idea reported a net loss of ₹5,975 crore in Q2 FY27, missing Bloomberg's estimate, with revenue growth supported by subscriber additions and increased user spending.
TGCSB warns of AI-assisted attacks on payments and loans
The Telangana Cyber Security Bureau has alerted NBFCs and fintech firms about increasing AI-assisted cyberattacks targeting payment systems, urging enhanced security measures.
Airtel aims to become 1st telecom with 1 billion customers
Sunil Bharti Mittal, Chairman of Bharti Enterprises, envisions Airtel becoming the first telecom company globally to reach one billion customers.
V D Satheesan outlines Kerala deep tech plans Huddle Global
Keralam aims to strengthen its startup ecosystem, focusing on deeptech and AI, with over 9,200 startups and a combined valuation of $1.7 billion.
Tron, Tether, Chainalysis form task force against AI crypto fraud
Tron, Tether, and Chainalysis have formed the Digital Crime Task Force to monitor USDT transactions on Tron and counter AI-driven crypto fraud by freezing illicit funds.
Paytm shares hit ₹1,925, 1st time since 2021 debut
Shares of One 97 Communications, Paytm's parent company, surged 7.31% on Thursday, marking the first time since its 2021 listing that the stock crossed Rs 1,900.
SBI Funds reports AI capex averaging 3.6% US GDP 2025-32
AI capital expenditure is projected at 3.6% of US GDP during 2025–32, surpassing the dotcom bubble, as massive investments drive economic growth but raise sustainability concerns.
SoftBank posts $7B loss amid over $60B OpenAI backstop
SoftBank faces a $7 billion loss due to risky investments in AI, with shares plummeting nearly 50% as skepticism over the industry's viability grows.
India near sealing major trade agreement with US Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced that India is nearing the finalization of a robust trade agreement with the US, promising significant benefits for India.
Amsterdam AI cloud Nebius posts $981 million, eyes $13B by 2027
Nebius reported third-quarter revenue of $981 million, surpassing analyst expectations of $907.5 million, driven by robust demand for its cloud computing infrastructure.
Industry sources say Akasa Air Q1 FY27 net loss ₹550cr
Akasa Air's net loss increased to approximately ₹550 crore in Q1FY27, up from around ₹350 crore a year earlier, due to high fuel costs and forex fluctuations.
WEG to invest ₹2,000cr in Tamil Nadu's Dharmapuri global hub
Brazilian electrical equipment giant WEG plans a ₹2,000 crore investment in Dharmapuri, Tamil Nadu, potentially creating 3,000 jobs as part of a major industrial initiative.
AMD plans equity investment in PsiQuantum to advance quantum computing
AMD plans an equity investment in PsiQuantum to co-develop infrastructure for utility-scale quantum computers, enhancing applications with high-performance computing and AI.
Bitcoin drops to $73,300 amid Fed rate hike talk
Bitcoin fell to $73,300 after briefly surpassing $74,500, as expectations of a December Federal Reserve rate hike pressured crypto sentiment.
Noel Tata steps down from Tata Investment
Noel Tata has stepped down as the chairman of Tata Investment Corporation, a position he held for 16 years.
Jensen Huang's $151 billion net worth tied to NVIDIA stock
Jensen Huang's wealth primarily stems from his Nvidia share ownership, valued at $151 billion, while his fiscal 2026 compensation was $36.34 million, mostly in stock awards.
Kia's $2B investment in Andhra plant to create 12,000 jobs
Kia has announced its plan to invest around $2 billion in a new manufacturing facility in Andhra Pradesh.
India's stock market becomes 5th-largest, surpasses Taiwan
India's stock market has reclaimed its position as the world's fifth-largest, surpassing Taiwan.
Motilal Oswal gives Himadri Speciality Chemical buy around 38.7% upside
Motilal Oswal has initiated coverage on Himadri Speciality Chemical with a Buy rating, setting a target price of Rs 780, indicating a potential upside of approximately 39%.
Indian diaspora-led companies jump 53% to $15 trillion via AI
The valuation of top global companies led by the Indian diaspora has surged 53% to USD 15 trillion, driven largely by the AI boom, according to a recent report.
Bengaluru's Desible.ai raises 32cr to scale AI workflows for BFSI
Desible.ai, a Bengaluru-based startup, raised Rs 32 crore in a funding round led by Prime Venture Partners to enhance its AI-driven workflow platform for financial institutions.
Why replacing Jensen Huang as NVIDIA CEO won't be easy
NVIDIA, the world's most valuable company until recently, is facing a leadership crisis.
Skyroot Aerospace and Concert Technologies exploring 100kg LEO launcher
India’s Skyroot Aerospace and Brazil’s Concert Technologies have signed an MoU to jointly develop a launch vehicle capable of carrying at least 100 kilograms into low Earth orbit.
Foxconn expects double-digit revenue growth in 2027 from AI infrastructure
Foxconn anticipates double-digit revenue growth in 2027, driven by strong demand for AI infrastructure, with Chairman Young Liu identifying AI as the key growth engine.
SBI Mutual Fund launches SBI BSE India Defence ETF FOF
SBI Mutual Fund has introduced the SBI BSE India Defence ETF FOF, with the New Fund Offer available from November 16 to 30, 2026.
ReNew Energy to invest ₹80,000cr in Andhra Pradesh renewable projects
ReNew Energy Global Plc plans to invest ₹80,000 crore in Andhra Pradesh for a 1 GW green data centre, solar manufacturing facilities, and a magnet manufacturing unit.
India's inflation jumps to 6.09%, breaches RBI's upper limit
India's retail inflation surged to 6.09% in October, up from September's 5.54%.
Rupee slips to 94.04 per US dollar on Nov 12
The Indian rupee fell below the 94-per-dollar mark due to aggressive dollar buying by a state-owned bank and rising crude oil prices.
Adani seeks $2.5B loan to refinance Ambuja, ACC acquisition debt
The Adani Group is in talks with a consortium of international banks, including MUFG, Barclays Bank, and Sumitomo Mitsui Banking Corporation (SMBC), to raise a $2.5 billion loan facility.
Andhra Pradesh to sign 303 MoUs worth ₹9.89 lakh crore
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced that the state will sign 303 memoranda of understanding (MoUs) worth ₹9.89 lakh crore at the CII Partnership Summit.
Paytm's UPI market share rises just 1% in 2 years
Paytm has witnessed a one percentage point increase in its market share over the last two years.
Gold and silver fall as US inflation sparks rate fears
Gold prices fell below ₹1.39 lakh per 10 grams, while silver dropped 1.3%, driven by stronger-than-expected US inflation data and expectations of prolonged higher interest rates.
CleanMax investing nearly ₹50,000cr in Andhra Pradesh to power Neysa
CleanMax has partnered with Andhra Pradesh to develop a renewable energy complex, investing ₹50,000 crore to power a 2 GW Green Compute Factory in Kurnool district.
Ola Electric's revenue falls by 39% in Q2
Ola Electric, one of India's leading electric vehicle manufacturers, has reported a 39% year-on-year decline in its revenue for the second quarter of FY27.
TV Narendran becomes Tata International chairman and Noel Tata emeritus
TV Narendran has been appointed Chairman of Tata International, while Noel N Tata will assume the role of Chairman Emeritus, effective November 12, 2026.
Norwest to invest $250 million to $300 million per year in India
Norwest Venture Partners plans to invest $250–300 million annually in India, focusing on manufacturing, healthcare, and AI from its newly raised $4 billion global fund.
Gordon Brothers exploring Dune purchase despite Poundland financial struggles
Gordon Brothers, facing scrutiny over its management of Poundland, is reportedly considering a bid for British footwear retailer Dune amid ongoing financial challenges.
China warns US against imposing tech restrictions over NVIDIA controversy
China cautions the US against leveraging the Nvidia CEO's alleged affair as a reason for imposing stricter AI chip restrictions, amid ongoing technology and trade tensions.
Temasek invests ₹2,500cr valuing Godrej Capital at up to ₹28,000cr
Temasek Holdings will invest ₹2,500 crore in Godrej Capital, valuing the financial services business at up to ₹28,000 crore. Godrej Industries will retain about 80% ownership.
Alstom begins building 96 driverless metro cars for Chennai Metro
French train maker Alstom has started manufacturing 96 driverless metro cars for Chennai Metro at its Sri City facility in Andhra Pradesh, under a 135-million-euro contract.
Dubai resident loses over 2.11cr to Telegram forex scam
A 41-year-old expatriate from Kochi, working in Dubai, allegedly lost over ₹2.11 crore to a fraudulent forex trading scheme operated via Telegram and a fake website.
Goldman Sachs: AI to drive US business investment by 2027
Goldman Sachs forecasts that AI-related spending will reach $1.4 trillion by 2027, driving significant business investment growth and boosting US GDP and capital expenditure rates.
AI will create more jobs than it displaces: Gartner
A recent report by Gartner has predicted that artificial intelligence (AI) will create more jobs than it displaces by 2030.
NVIDIA shares are down 29%: Is it time to buy?
NVIDIA, the leading AI chipmaker, has been hit by a storm of market conditions.
India's IT firms trade AI disruption concern for revenue stability
India's IT services sector is transitioning from AI disruption fears to prioritizing revenue stabilization and sustainable growth, as investor confidence strengthens.
World Bank: India to produce 1,090Mt coal by 2026
India's coal production is projected to reach a record 1,090 million tonnes in 2026, driven by increased output from captive and commercial mines, according to the World Bank.
TCS and Infosys face subcontractor squeeze from AI, visa rules
Top Indian IT firms, except Wipro, faced rising subcontracting costs in Q2 due to H-1B visa concerns and increased demand for AI projects.
NVIDIA board weighs Jensen Huang admissions with Aarti Shah central
Aarti Shah, a former senior executive at Eli Lilly, serves on Nvidia's board and will help decide the future of CEO Jensen Huang amid recent controversies.
Startup Kalshi offers up to $120,000 for 'GTA VI' streamer
Kalshi, a US prediction market startup, is hiring a "GTA VI Researcher" with a salary up to $120,000 to play and analyze Grand Theft Auto VI starting November 19.
Piyush Goyal urges global investors to 'make India your address'
Commerce and Industry Minister Piyush Goyal, at the CII Partnership Summit 2026, emphasized India's safety and potential for global investments amid current global uncertainties.
NVIDIA CEO Huang's future uncertain as board meets Nov 11
Nvidia faces a leadership crossroads as CEO Jensen Huang's potential departure looms, with top internal candidates Ian Buck and Colette Kress emerging as frontrunners for the role.
India signs 9 free trade agreements accessing $85 trillion market
India's Free Trade Agreements now provide open market access to 38 countries, encompassing $85 trillion of the global economy, according to Union Minister Piyush Goel.
Bank of Baroda raises 555-day Golden Goal deposit rates
Bank of Baroda raised interest rates on its 555-day 'bob Golden Goal Deposit Scheme' by 10 basis points, offering up to 7.50% for super senior citizens.
Goldman Sachs sees oil at $80 a barrel by 2027
Goldman Sachs predicts Brent crude prices will decline to $80 per barrel by 2027, while India's economic growth is expected to remain resilient, exceeding 7% in the near term.
Offline smartphone sales in India fall nearly 20% this Diwali
India's offline smartphone market saw an 18-20% YoY sales drop during Diwali, as rising prices and online-offline price disparities affected consumer demand.
Bitcoin slips while Ethereum steadies near $2,050 amid Fed talk
Bitcoin struggles to maintain recovery amid US inflation concerns, Federal Reserve rate hike expectations, and significant ETF outflows impacting investor sentiment.
NPCI notifies UPI Vyapaar Saksham scheme for small merchants
NPCI has introduced the UPI Vyapaar Saksham Scheme to boost small-merchant acceptance, funded by the merchant discount rate (MDR) on UPI transactions.
ESDS, E2E gain as global tech rally lifts AI stocks
Shares of ESDS Software Solution and E2E Networks rose up to 5% as global technology stocks, including Nvidia, rebounded sharply following a Wall Street selloff.
Foxconn posts 34% profit surge driven by strong AI demand
Foxconn, the world's largest contract electronics maker, reported a 34% increase in third-quarter profit, surpassing analyst expectations due to strong AI demand.
Franklin Templeton India launches 1st overseas fund through GIFT City
Franklin Templeton India has introduced its first outbound investment fund from GIFT City, enabling Indian investors to access the US equity market.
Foreign investors return to India government bonds with ₹7,759 cr
Foreign portfolio investors invested Rs 7,759 crore in Indian government securities under the fully accessible route in November, reversing a two-month trend of outflows.
Siemens posts record annual profit as AI boosts industrial profits
Siemens posted record annual profit, driven by the AI boom and increased demand for its electrical and cooling equipment essential for AI data centers.
Reliance to sign Andhra Pradesh MoU for integrated coal gasification
Reliance Industries Ltd plans to invest Rs 43,000 crore in Andhra Pradesh to develop a coal gasification complex, creating thousands of jobs and boosting the state's economy.
Kia India invests $2 billion to expand Anantapur plant
Kia India plans to invest $2 billion to boost its annual production capacity to 620,000 vehicles in Andhra Pradesh, creating 3,000 jobs and enhancing its manufacturing footprint.
NVIDIA board questions Jensen Huang's future after personal allegations
Investors fear that the potential ouster of Nvidia CEO Jensen Huang could hinder the company's pivotal role in financing the AI boom, impacting global markets significantly.
Motilal Oswal shares hit record ₹1,224.70 after 9 consecutive sessions
Motilal Oswal Financial Services shares surged over 5% to a record ₹1,224.70, marking their strongest monthly performance since April 2024 with a 28% gain in November.
Air India plans freighter conversions, says new CEO Tewolde Gebremariam
Air India plans to boost revenue by converting passenger aircraft into dedicated freighters, as part of CEO Tewolde Gebremariam's strategy.
HDFC Bank shares at ₹811.55, market cap tops ₹12.5L/cr
HDFC Bank shares rose 0.61% to ₹811.55 on Thursday, maintaining gains near multi-week highs as traded volume moderated sharply from the previous session.
NVIDIA's biggest server maker beats estimates with 34% profit jump
Foxconn, the world's largest contract electronics manufacturer, has reported a 34% increase in its third-quarter profit.
Amazon, Google could make over $400 billion from Anthropic IPO
Anthropic, the company behind Claude AI, is gearing up for a massive initial public offering (IPO) that could raise $64 billion.
ITC hikes Gold Flake cigarette prices by ₹10
ITC Ltd has hiked the price of its Gold Flake Premium cigarettes by ₹10 per pack.
Alice Huang back in Beijing as Jensen Huang scandal deepens
Alice Huang, a former executive at a Singapore-based data center company and the woman at the center of NVIDIA CEO Jensen Huang's cheating scandal, is believed to have returned to China.
Musk says it would be honor to hire Jensen Huang
Elon Musk, the founder of SpaceX and CEO of Tesla, has expressed his willingness to hire embattled NVIDIA CEO Jensen Huang.
PBOC ends easing phase, supports growth without rushing rate cuts
China's central bank maintains a pro-growth stance, signaling no immediate rate cuts as the economy meets growth targets and inflation remains manageable.
Chinese AI companies scramble to secure overseas NVIDIA chip access
Chinese AI companies are racing to rent Nvidia-powered computing capacity overseas, fearing US export restrictions may tighten due to a scandal involving Nvidia's CEO.
Meta's longtime infrastructure head to leave company
Meta's long-serving head of infrastructure and co-head of engineering, Santosh Janardhan, is leaving the company. The news was confirmed by Meta to TechCrunch.
Who could replace Jensen Huang as NVIDIA CEO?
NVIDIA's CEO Jensen Huang is facing a possible ouster, with his odds of survival at just 30%.
House Republicans consider subpoena for NVIDIA CEO over China ties
House Republicans are considering a subpoena against NVIDIA CEO Jensen Huang.
NVIDIA shares crash 10% as board considers Jensen Huang's ouster
Shares of NVIDIA plunged as much as 10% in after-hours trading following reports surrounding CEO Jensen Huang's personal conduct and potential leadership shakeups.
Adani Group to buy Dutch Evos B.V. for $2.9 billion
Adani Group plans to fund its $2.9 billion acquisition of Evos B.V. with up to $1.45 billion in equity and the remainder through syndicated loans.
Jensen Huang's children each earned over $1 million in fiscal 2026
Madison and Spencer Huang, children of Nvidia CEO Jensen Huang, each earn over $1 million annually as key executives at the chipmaking giant.
Sensex tops 82,200, Nifty 25,350 as BSE adds over ₹3L/cr
Sensex crossed 82,200 and Nifty surpassed 25,350 for the first time since February, adding over ₹3 lakh crore to BSE-listed companies' market capitalisation.
Motilal Oswal rates PNB Housing Finance buy, sets ₹1,500 target
Motilal Oswal recommends buying PNB Housing Finance, targeting a price of Rs 1500, as the company expands its affordable housing and emerging-market franchises to drive growth.
Sensex jumps 350 points as Nifty nears 25,350 on Thursday
The Sensex climbed 350 points and the Nifty approached 25,350 due to persistent foreign institutional investor buying and declining crude oil prices.
Noel Tata retires as Tata Investment Corporation chairman at 70
Noel Tata has retired as chairman and director of Tata Investment Corporation after a 16-year tenure, with Bahram Vakil set to succeed him as chairman from November 12.
Another Jensen Huang affair emerges, this time involving NVIDIA VP
Kimberly Powell, NVIDIA's VP of healthcare, has been involved in an extramarital affair with the company's CEO Jensen Huang.
Rupee opens 4 paise lower at 93.73 per US dollar
The Indian rupee opened slightly lower at 93.73 per dollar, while Asian currencies showed mixed performance against the US dollar in early trading.
NVIDIA India team loses $600 million after 6 week crash
Nvidia's Indian employees lost $600 million in paper gains due to a scandal involving CEO Jensen Huang, coupled with a broader sell-off in AI stocks.
Neeraj Kumar sees $65-70bn ECBs from Indian data centers
Citi India's Neeraj Kumar predicts data centers will become a major capital expenditure avenue in India over the next three to five years, driven by rising investments and demand.
Hyderabad techie laid off by Qualcomm 1 week before wedding
An Indian techie claims Qualcomm laid them off just a week before their marriage, amidst a global layoff impacting around 1,000 jobs in India.
BEML to make TBMs domestically, cut reliance on China
BEML Ltd. plans to develop indigenous tunnel-boring machines, aiming to reduce India's reliance on Chinese imports amid an infrastructure boom.
ReNew to invest ₹29,500cr in Andhra Pradesh clean energy
ReNew has committed ₹29,500 crore for a 2 GW pumped storage project and a green ammonia and e-fuel project in Andhra Pradesh.
Alphabet to sell 1st-ever HKD and SGD bonds, raising $2.2B+
Google parent Alphabet plans to raise at least $2.2 billion through its first bond sales in Hong Kong and Singapore dollars, with initial pricing guidance set for both currencies.
House Republicans ask Jensen Huang to explain suspected spy ties
House Republicans are pressing Nvidia CEO Jensen Huang to testify regarding alleged ties with a Chinese spy, considering a subpoena if he fails to comply with their request.
SpaceX loses bid to force arbitration in harassment lawsuit
A federal appeals court rejected SpaceX's attempt to move a sexual harassment lawsuit into private arbitration, citing a 2022 law that allows plaintiffs to bypass such agreements.
Gold slips below $4,000 to $3,985.20 amid US rate uncertainty
Gold and silver prices declined on Thursday amid uncertainty over the US Federal Reserve's interest rate outlook and a stronger US dollar, impacting investor sentiment.
Gift Nifty at 25,240 as Indian markets await October inflation
Indian stocks are expected to open flat to negative on Thursday, as investors focus on the upcoming release of October CPI inflation data amid cautious market sentiment.
Adani Group to fund Kaburkaala exploration with Codelco in Antofagasta
Codelco and Adani Group's Kutch Copper Limited have partnered to develop the Kaburkaala copper project in Chile's Antofagasta region, with Adani financing the venture.
Gold buying in India up 30% during Dhanteras and Diwali
Indians increased their gold purchases by 30% during the Dhanteras-Diwali period, driven by a recent price correction and the upcoming wedding season.
NVIDIA board reportedly weighing removal of co-founder CEO Jensen Huang
Nvidia's stock fell 8% after reports emerged of CEO Jensen Huang's potential ousting due to personal scandals, with the board meeting soon to decide his future.
Polymarket lays off staff and contractors after internal email leak
Polymarket has reduced its workforce and ended several contractor agreements as it reorganizes to compete with rival Kalshi, which is experiencing rapid growth.
WTI $86 Brent just under $93 as U.S.-Iran talks stall
Oil prices stabilized with West Texas Intermediate near $86 a barrel, as peace talks between Iran and the US show little progress.
Jensen Huang affair reports knock NVIDIA shares over 3%
Shares of Nvidia dropped over 3% after-hours following a New York Times report alleging CEO Jensen Huang had an affair with company executive Kimberly Powell.
JetBlue rolls out BlueFirst 1st class on A320s at JFK
JetBlue Airways introduced its BlueFirst domestic first-class seats, aiming to boost profitability amid rising travel demand and stabilize after last posting a profit in 2019.
MPs criticize Gordon Brothers amid Poundland 2-week High Court bid
MPs have accused Gordon Brothers of extracting millions from Poundland during a critical period, as the retailer seeks additional time to secure a rescue deal and protect jobs.
NCLT Mumbai blocks Reliance Infrastructure SU toll road revival plan
The Mumbai bench of the NCLT has rejected the resolution plan for SU Toll Road Pvt Ltd due to financial concerns over overdue road repairs.
Gordon Brothers under pressure to extend creditor protection for Poundland
Gordon Brothers, owner of Poundland, faces pressure from UK lawmakers to extend creditor protection, crucial for securing a rescue deal and safeguarding 12,000 jobs.
Haldiram ₹10,000cr IPO late 2027 could top ₹1Lcr valuation
Haldiram Snacks Food has initiated its initial public offering process, targeting a $1 billion float in late 2027, with an estimated valuation exceeding ₹1 lakh crore.
India's net direct tax collections rise 11.76% to ₹14.42L/cr
India's net direct tax collections increased by 11.76% year-on-year to ₹14.42 lakh crore as of November 10, driven by robust corporate tax and securities transaction tax receipts.
Rentomojo profit falls 62.6% to ₹18.19 cr on tax change
Rentomojo reported a 62.6% decline in profit to Rs 18.19 crore for the September quarter, impacted by a shift from deferred-tax credit to deferred-tax expense.
Wipro Consumer Care and Lighting targets ₹20,000cr by FY30
Wipro Consumer Care & Lighting aims to achieve Rs 20,000 crore in revenue by FY30, nearly doubling its projected Rs 10,800 crore revenue in FY26.
Amazon to pay $3 million to Arizona Prime members after lawsuit
Amazon has agreed to pay $3 million in refunds to Arizona customers who faced difficulties canceling their Prime memberships, following a lawsuit by the state's Attorney General.
NVIDIA CEO Huang investigated over alleged affair with Alice Huang
Nvidia CEO Jensen Huang's affair with an alleged Chinese intelligence asset raises potential legal and regulatory challenges for both the company and its board.
Alex Karp criticizes Trump immigration crackdowns despite Palantir software use
Palantir CEO Alex Karp criticized the Trump administration's harsh immigration policies, despite his company's software supporting these operations through federal contracts.
Gaurav Munjal steps down as CEO of Unacademy
Gaurav Munjal has stepped down as the Chief Executive Officer of edtech company Unacademy. He will now serve as the Executive Chairman of the firm.
Air India's loss in H1 FY27 stands at staggering ₹10,800cr
Air India has reported a staggering net loss of approximately ₹10,800 crore in the first half of FY2026-27.
Oil rises as Iran denies moving nuclear material abroad
Oil prices witnessed a nearly 1% increase on Wednesday, after hitting two-month lows in the previous session.
Financial platform Tide to invest ₹3,100cr in India by 2030
Tide, a UK-based financial platform, has announced plans to invest £250 million (approximately ₹3,100 crore) in India by 2030.
Why global insulin supply is at risk
The surge in demand for GLP-1 weight-loss medications like Novo Nordisk's Ozempic and Eli Lilly's Mounjaro is raising concerns over the potential impact on diabetes treatments such as insulin.
India's economy to grow 7% in FY27, says Moody's
Moody's has revised its growth forecast for the Indian economy, projecting a robust expansion of 7% in the current fiscal year.
Centre approves ₹62,370cr fertilizer subsidy for rabi season
The Union Cabinet has approved a massive ₹62,370 crore fertilizer subsidy for the ongoing rabi season.
Brazil fines Meta over 'manipulation' in presidential election
Brazil's Superior Electoral Court (TSE) has slapped a fine of 7.5 million reais ($1.3 million) on Meta, the parent company of Facebook, WhatsApp, and Telegram.
Equity mutual fund inflows fall 14% to ₹32,994cr in October
India's mutual fund industry witnessed a turnaround in October 2026, with net inflows of ₹1.74 lakh crore. This is a stark contrast to the outflows of ₹1.33 lakh crore seen in September.
Mother Dairy milk to become costlier in India from tomorrow
Mother Dairy, one of India's leading dairy brands, has increased the prices of its liquid milk products by ₹2-4 per liter.
Amex restores deducted reward points after customer backlash
American Express (Amex) has reversed its decision to deduct reward points from cardholders' accounts.
OpenAI acquires an AI travel start-up called Odessia
OpenAI has acquired Odessia, an AI travel agent founded by Sonder founder Francis Davidson.
How Jensen Huang handled his return to NVIDIA headquarters
NVIDIA CEO Jensen Huang returned to the company's Santa Clara, California headquarters on Monday. This was a day after he admitted to an extramarital affair.
OpenAI revenue jumps 50% to record $10 billion in Q3
OpenAI, the company behind ChatGPT, has reported a record-breaking quarterly revenue of $10 billion for the three months ending September.
Qualcomm begins India layoffs, around 1,000 jobs at risk
US-based chipmaker Qualcomm has started laying off employees in India as part of a global workforce restructuring.
Sensex jumps 1,200 points: What's driving today's rally?
The Indian stock market opened on a positive note today, with the BSE Sensex rising by 1.46% or 1,186.91 points to 82,293.56 and the Nifty 50 gaining 1.2% to trade at 25,344, at the time of writing.
India's unemployment rate in July-September quarter falls to 5.1%
India's unemployment rate has witnessed a decline in the July-September 2026 period, according to government data.
Blackstone to acquire 16% stake in IIFL Finance for ₹5,000cr
IIFL Finance has announced a major capital raise of ₹6,414 crore ($686 million), led by global investment firm Blackstone.
Your HDFC Bank loan EMIs are about to go up
HDFC Bank has announced an increase in its Marginal Cost of Funds-based Lending Rates (MCLR) across all tenures.
What changed for cancer drug prices from November 9
The government on Monday announced a massive reduction in the Maximum Retail Prices (MRP) of anti-cancer medicines.
Why NVIDIA and Jensen Huang have been sued by shareholders
NVIDIA and its CEO, Jensen Huang, are facing a lawsuit from shareholders over an alleged affair with Alice Huang, a former executive of Singapore-based Megaspeed.
SoftBank Group just posted a quarterly loss of $7.1B
SoftBank Group, a major investor in tech companies, has reported its first net loss in nearly two years.
Surf Excel, Rin, and Wheel detergents now costlier in India
Hindustan Unilever Limited (HUL) has increased the maximum retail prices (MRPs) of several products in its home care portfolio, including popular detergent brands Surf Excel, Rin, and Wheel.
How NVIDIA CEO Jensen Huang lost $7.4B in 30 minutes
NVIDIA CEO Jensen Huang's net worth took a massive hit on Monday, plunging by $7.4 billion within just half an hour of trading.
American Express removing reward points linked to cancelled credit cards
American Express (Amex) cardholders in India have been losing their Membership Rewards points after closing individual credit cards.
China now has a trade surplus of over $1T
China has recorded a trade surplus of over $1 trillion for the second consecutive year, official data released today showed.
Qantas to slash 850 jobs and outsource them to India
Australian airline Qantas has announced plans to cut 850 local jobs as part of an AI-driven overhaul.
Uber now lets you reserve and pay for parking
Uber has launched a new service allowing users to reserve and pay for parking in major US cities.
Google parent Alphabet eyes $3 billion bond sale in Asia
Google's parent company, Alphabet Inc, is reportedly considering a bond sale in Hong Kong and Singapore. The proposed deal could be worth around $3 billion.
HSBC upgrades Indian equities to 'overweight': What it means?
HSBC, the global financial services firm, has upgraded its rating on Indian equities from 'neutral' to 'overweight.'
NVIDIA-linked Megaspeed says probes found no illegal chip transfers
Megaspeed International, a data center operator from Southeast Asia, has strongly denied allegations of illegal chip transfers.
Who is Lori Mills, NVIDIA CEO's wife of 40 years
Jensen Huang, the co-founder and CEO of NVIDIA, is at the center of a major scandal after he admitted to cheating on his wife, Lori Mills, with alleged Chinese spy Alice Huang.
Blackstone eyes 15% stake in IIFL Finance in $600M deal
Blackstone is leading the race to acquire a 15% stake in IIFL Finance, a non-banking financial company (NBFC), through a proposed equity investment of $500-600 million, as per a Moneycontrol report.
Nifty could hit 40,000 in long term, says CLSA
Laurence Balanco, a technical analyst at capital markets and investment group CLSA, has predicted a major bullish breakout in Indian equities.
NVIDIA CEO's old love story resurfaces amid affair admission
An old video of NVIDIA CEO Jensen Huang has resurfaced, showing him narrating the story of how he won over his wife, Lori Mills.
Jio offers 5 months of free internet with this plan
Reliance Jio has launched a special Diwali offer for its JioHome customers. The deal is aimed at making the festive season more enjoyable for existing users of JioHome (Fiber/AirFiber).
Can NVIDIA fire Jensen Huang amid China spy probe?
NVIDIA's board has initiated an independent investigation into claims that CEO Jensen Huang was the target of a foreign intelligence operation.
Coca-Cola's India bottling arm files draft papers for IPO
Hindustan Coca-Cola Holdings, the parent company of Coca-Cola's bottling operations in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Traders to approach courts, government over losses caused by protests
The Confederation of All India Traders (CAIT) has announced plans to approach the governments and judiciary over business disruptions caused by political protests.
NVIDIA stock drops 4% as Jensen Huang scandal rattles investors
NVIDIA's shares fell by some 3.7% on Robinhood's trading platform after the company's board initiated an investigation into CEO Jensen Huang.
Oil slips below $98 as Trump signals restraint on Iran
Oil prices continued their downward trend on Monday after witnessing the biggest weekly drop since April 2020.
China extends suspension of 24% tariffs on US goods
China has announced an extension of the suspension on additional 24% tariffs on US goods by two months.
Trump backs NVIDIA CEO Jensen Huang amid China spy probe
US President Donald Trump has expressed his support for NVIDIA CEO Jensen Huang, who is currently under investigation over possible foreign intelligence targeting.
Indian rupee hits 7-month high, rises to 93.70 against dollar
The Indian rupee hit a seven-month high in the early trading session on Monday, November 9.
Who's Alice Huang, the woman linked to NVIDIA CEO's affair?
Alice Huang, a Chinese national, has been implicated in an alleged affair with NVIDIA CEO Jensen Huang.
NVIDIA probes CEO Jensen Huang's affair with Chinese spy
NVIDIA, one of the world's most valuable companies, has launched an independent investigation into its CEO Jensen Huang's alleged relationship with a suspected Chinese spy named Alice Huang.
Apple saves $2.7B in taxes by shifting profits to Singapore
Apple has saved a whopping $2.7 billion in taxes by shifting its profits to Singapore, a move that has come under fire and raised questions about corporate tax practices.