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NSE IPO gray market premium plunges nearly 70% to ₹58
NSE's grey market premium has dropped significantly from Rs 192 to Rs 58, suggesting a more modest listing gain as the IPO nears its closing date.
McKinsey: Agentic AI reduced productivity in nearly 30% of firms
A McKinsey report reveals that productivity fell in 30% of companies using agentic AI tools, highlighting operational hurdles in the rapid adoption of autonomous coding systems.
India's young HNIs adopt professional management as $1.5 trillion transfers
India is set for a $1.5 trillion intergenerational wealth transfer, prompting next-gen HNIs to adopt institutional investment strategies and diversified portfolios.
Goldman Sachs: Four economies lead AI adoption, job openings slow
France, the US, the Netherlands, and the UK lead global AI adoption with rates up to 20%, according to Goldman Sachs Research, affecting hiring in tech and service sectors.
Tata Sons IPO could value firm ₹9-12.5L/cr, enrich shareholders
The potential listing of Tata Sons could reveal substantial wealth for lesser-known shareholders, with valuations placing individual stakes in the hundreds to thousands of crores.
Flock Safety offers most generous voluntary buyouts to avoid layoffs
Flock Safety announced generous severance packages for voluntary departures, aiming to reduce its workforce amid backlash over its license plate recognition technology.
Mehli Mistry opposes using TEDT corpus for Tata chairmanship dispute
Mehli Mistry, a trustee of the Tata Education and Development Trust, has objected to using TEDT funds for legal expenses in the Tata Sons reappointment dispute.
Volkswagen may cut another 4,100 jobs at Porsche
Volkswagen is considering another round of job cuts at its luxury brand Porsche, according to German business daily Handelsblatt.
India's GDP to reach $38 trillion: NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval has predicted that India's Gross Domestic Product (GDP) will grow from the current $4.015 trillion to a whopping $38 trillion in the next two decades.
India to generate 2.5L seasonal, gig jobs this festive season
India is expected to create between 2-2.5 lakh seasonal and gig jobs during the July-December festive season of 2026, a report by NLB Services has said.
AI cloud provider Nscale files for US IPO
Nscale, a cloud provider that specializes in infrastructure for artificial intelligence (AI) models, has filed to go public on the New York Stock Exchange.
FTAs are opening new markets for India's youth: PM Modi
Prime Minister Narendra Modi has emphasized the role of Free Trade Agreements (FTAs) in creating new markets and career opportunities for India's youth.
Sugar, onion prices stabilize after government intervention
The prices of essential commodities, sugar and onion, have stabilized over the past week.
US now accounts for 54% of India's software services exports
India's software services exports witnessed a growth of 8.2% to $221.4 billion in the fiscal year 2025-26 (FY26), excluding sales by overseas affiliates of Indian companies.
Anthropic targets November IPO at potential $2T valuation
Anthropic, the developer of Claude, is gearing up for its initial public offering (IPO) in November.
OpenAI expects $278B cash burn in next 5 years
OpenAI, the company behind ChatGPT, is expecting to burn through a massive $278 billion in cash between 2026 and 2030.
Oracle's $18B data center debt faces pressure amid local opposition
Oracle's $18 billion debt linked to a data center in New Mexico is facing pressure, the Financial Times reported.
Anthropic's annualised revenue may top $100B this year
Anthropic, the AI company behind Claude, is projected to surpass an annualized revenue of over $100 billion this year, as per a New York Times report.
AI could double US GDP growth by 2027: Elon Musk
Tesla chief executive Elon Musk has predicted that artificial intelligence (AI) could significantly boost the US economy.
Key executives leading Berkshire Hathaway's $1 trillion+ empire
Warren Buffett has officially stepped down as the chairman of Berkshire Hathaway, a move that marks a major shift in the company's leadership.
Tata Sons faces legal fight as Trusts challenge Chandrasekaran's reappointment
The ongoing dispute between Tata Sons and Tata Trusts over N Chandrasekaran's reappointment as executive chairman could escalate into a long-drawn legal battle.
Ryanair CEO apologises after comparing competitors to rapists
Ryanair's Chief Executive Officer (CEO) Michael O'Leary has apologized for his controversial remarks comparing rival airlines to "rapists."
Centre to oversee UPI MDR charges daily from October 15
The Indian government has announced that it will start monitoring the Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions on a daily basis, starting October 15.
India's crude oil imports fall over 11% in August
India's crude oil imports last month fell by over 11% from July, amounting to 19.01 million metric tons, government data revealed today.
FSSAI takes legal action against Nestle India over infant products
The Food Safety and Standards Authority of India (FSSAI) has launched legal action against Nestle India for multiple violations of the Food Safety and Standards Act.
Incentives for BHIM-UPI, RuPay debit card transactions might be removed
The Indian government is planning to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions.
Warren Buffett named chairman emeritus of Berkshire Hathaway
Warren Buffett, the legendary investor and Chairman of Berkshire Hathaway, has stepped down from his position.
TRAI's new rules will improve spam detection in India
The Telecom Regulatory Authority of India (TRAI) has updated its regulations to tackle unsolicited commercial communications (UCC).
India's net direct tax collection up 13% to ₹12.1L crore
India's net direct tax collections have increased by a whopping 12.96% year-on-year, reaching ₹12.12 lakh crore as of September 17, for the financial year 2026-27.
MuscleBlaze maker is planning ₹2,800-3,800cr IPO in India
HealthKart, a leading brand in fitness supplements, is mulling an initial public offering (IPO) to raise between $300 million and $400 million (₹2,800-3,800 crore), as per Mint.
FCC approves foreign investment in Paramount Warner merger with restrictions
The US Federal Communications Commission (FCC) has approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery.
Chinese AI firms lag far behind OpenAI in revenue
China's leading artificial intelligence (AI) firms generate only about 10% of the revenue reported by OpenAI alone, a new analysis from Rhodium Group has revealed.
Shapoorji Group chairperson backs listing of Tata Sons
Shapoorji Pallonji Group Chairman, Shapoor Mistry, has welcomed the Reserve Bank of India's (RBI) listing decision on Tata Sons.
India's GDP to grow 7% in FY27, says Moody's
Credit ratings agency Moody's has revised India's real Gross Domestic Product (GDP) growth forecast for the current fiscal year from 6% to a more optimistic 7%.
IDFC FIRST Bank waives forex markup on its credit cards
In a major customer-friendly move, IDFC FIRST Bank has announced the removal of forex markup charges on all its existing and new credit cards.
Disney appoints Adam Smith as chief of streaming business
The Walt Disney Company has appointed insider Adam Smith as the chairman of its streaming business.
OpenAI hires former SpaceX executive as global sales chief
OpenAI has announced the appointment of Brian McCarthy as its Vice President of Global Sales.
You can use Apple Pay in India from October
Apple is all set to launch its payment service, Apple Pay, in India next month.
Why Japan has raised key interest rate to 31-year high
Japan's central bank, the Bank of Japan (BOJ), has raised its key interest rate to a 31-year high.
IndiGo hikes infant fee, baggage and priority service charges
IndiGo has announced a revision in its fare structure, affecting several services.
Barclays staff revolt against return-to-office mandate
Barclays is facing a major backlash over its return-to-office policy, with thousands of employees demanding compensation for travel expenses and an exemption for those living more than 40 minutes away.
Diwali orders from GCC countries push India's food exports higher
India's food exporters are witnessing a major surge in overseas orders, particularly ahead of the Diwali festival.
Insurance premiums won't get costlier despite new UPI fees
The National Payments Corporation of India (NPCI) has announced a 0.4% merchant discount rate (MDR) on select high-value person-to-merchant UPI transactions, with a cap of ₹300 per transaction.
TCS launches custom chip design services
Tata Consultancy Services (TCS) has launched its Custom System-on-Chip (SoC) Design Services.
Tata Sons board approves public listing proposal
Tata Sons' board has approved a proposal for the company's public listing.
Tim Cook, Sam Altman to attend Trump-Xi Jinping state dinner
Tim Cook, the Executive Chairman of Apple Inc. and Sam Altman, the CEO of OpenAI, will attend a state dinner hosted by US President Donald Trump for Chinese President Xi Jinping next week, according to Bloomberg.
How Fed's rate hike could trigger foreign investor exodus
The US Federal Reserve has raised its benchmark interest rate by 25 basis points, marking the first hike since 2023.
Applied Materials to invest $5B in India by 2035
US-based semiconductor equipment maker Applied Materials has announced plans to invest $5 billion in India by 2035.
Saudi Aramco has halted crude supplies to India, report says
Saudi Aramco has halted the supply of crude oil to Indian refiners until further notice, The Economic Times reported.
Tata Sons reappoints N Chandrasekaran as chairman for 5 years
Tata Sons, the holding company for Tata Group, has reappointed N Chandrasekaran as its executive chairman for another five-year term.
Applied Materials to invest $5B in India over next decade
US-based chip equipment giant Applied Materials has announced a massive $5 billion investment in India over the next decade.
Sweden's EQT Group to invest $50B in India by 2030
Swedish private equity firm EQT Group has announced plans to invest $50 billion in India by 2030.
Judge asks Musk's companies to reveal Apple settlement agreements
A federal judge has asked Elon Musk's companies, X Corp and SpaceXAI, to explain their decision to drop antitrust claims against Apple.
Musk's long-time backer transfers $8.5B SpaceX stake to investors
Valor Equity Partners, a venture capital firm founded by Antonio Gracias, a long-time Elon Musk backer and current board member at SpaceX, has decided to distribute a portion of its SpaceX stock among its limited partner investors.
AI start-up Manus seeks $4B valuation after Meta split
Chinese-founded artificial intelligence (AI) start-up Manus is looking to double its valuation to $4 billion.
NSE IPO opens as GMP plunges 43%: Apply or avoid?
The National Stock Exchange of India (NSE) has launched its long-awaited initial public offering (IPO) today.
US House passes bill allowing 100% tariffs on India
The US House of Representatives has passed a bill allowing President Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas.
US raises interest rate for first time in 3 years
The US Federal Reserve has raised its key interest rate by 25 basis points, the first hike in over three years.
Centre reduces windfall tax on petrol, diesel, ATF exports
The Indian government has reduced the windfall tax on petrol exports from ₹1.5 to ₹0.5 per liter for the next fortnight, starting September 16.
Cab aggregators can't demand tips before booking rides in India
The Indian government has ordered cab aggregators to stop the practice of advance tipping before booking a ride.
Home prices in NCR up 193% in a decade
The National Capital Region (NCR) has witnessed a staggering 193% increase in home prices over the past decade, according to a new report by industry body ASSOCHAM and Knight Frank Research.
How EU plans to cut trade deficit with China
European Commission President Ursula von der Leyen has vowed to use all possible means to tackle the "unsustainable" trade deficit with China.
Nobel laureate Michael Kremer becomes World Bank's chief economist
The World Bank has appointed Nobel laureate Michael Kremer as its new chief economist.
How did restricted Pakistan-made 'Goree,' 'Chandni' creams enter Indian market
The Central Drugs Standard Control Organisation (CDSCO) has issued a public health warning against two Pakistani cosmetic products, Goree Beauty Cream and Chandni Whitening Cream.
RBI may raise repo rate by 50bps this year: JPMorgan
JPMorgan has predicted that the Reserve Bank of India (RBI) could raise interest rates by a total of 50 basis points (bps) by December.
Indians earning up to ₹25,000/month can now get PF benefits
The Union Cabinet has approved a significant hike in the wage ceiling for Employees' Provident Fund Organisation (EPFO) subscribers.
Flipkart's Big Billion Days sale starts October 9: Check deals
Flipkart has announced the dates for its highly-anticipated Big Billion Days sale 2026.
India-Canada trade deal negotiations might be done by 2026-end
India and Canada are in the final stages of negotiating a Comprehensive Economic Partnership Agreement (CEPA), with hopes to conclude it by the end of this year.
NSE IPO: Selling shareholders eye ₹16,500cr profit
The selling shareholders of the National Stock Exchange (NSE) are poised to make huge profits from its much-anticipated initial public offering (IPO).
Why Tata stocks fell up to 7% today
Tata Group stocks witnessed a major fall today, with losses of as much as 7%.
TikTok founder becomes Asia's richest, overtaking Gautam Adani
Zhang Yiming, the founder of ByteDance, has surpassed Indian billionaire Gautam Adani to become Asia's richest person.
Nithin Kamath says UPI MDR could raise costs for brokers
Zerodha co-founder Nithin Kamath has raised concerns over the proposed Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions.
OpenAI seeks fresh funding at $1.2T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks for a new funding round.
New Zealand ratifies landmark free trade deal with India
New Zealand's parliament has approved a landmark free trade agreement with India.
ATM-related shares up by 5% today: What's the reason?
Shares of cash management companies Radiant Cash Management and CMS Info Systems surged up to 5.4% and 5%, respectively, today.
Just 17% merchants willing to bear 0.4% UPI charges: Survey
A survey conducted by LocalCircles has revealed that only 17% of merchants are willing to bear a Merchant Discount Rate (MDR) of 0.4% on Unified Payments Interface (UPI) transactions over ₹2,000.