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Elon Musk keeps $56bn after Tesla cancels $29bn interim pay
Tesla has nullified the $29 billion interim compensation package of CEO Elon Musk, following the Delaware Supreme Court's restoration of his larger $56 billion award from 2018.
India posts $4.62bn net FDI in February following US deal
Before the US-Israel-Iran conflict, India witnessed a net Foreign Direct Investment (FDI) inflow of $4.6 billion in February, marking the highest level in nearly four years.
Applied Digital secures $7.5B Delta Forge 1 lease for 300MW
Applied Digital has signed a $7.5 billion long-term lease with an unnamed US hyperscaler for its Delta Forge 1 site, bolstering its AI data center provision.
Dow down 154 as Iran video lifts oil above $100
US stock indexes opened lower on Thursday due to uncertainties surrounding the US-Iran conflict and mixed corporate earnings reports.
US jobless claims rise to 214,000 amid Iran-Israel tensions
US unemployment claims rose slightly to 214,000 last week, indicating a steady labour market despite potential risks from the Iran-Israel conflict.
Union Bank of India posts 7% profit to ₹5,316cr
Union Bank of India (UBoI) reported a 7% year-on-year increase in its Q4 FY26 standalone net profit, reaching ₹5,316 crore.
China fines major e-commerce platforms $500 million over ghost vendors
China has imposed $500 million fines on major food delivery platforms for enabling tens of thousands of fake vendors, raising serious food safety concerns.
India and US talks aim to reach $500B by 2030
India and the U.S. are in ongoing, constructive trade talks, aiming for a balanced agreement and a $500 billion trade target by 2030.
India, Qatar aim to double $14bn trade by 2030
India and Qatar are discussing strategies to enhance bilateral trade and fortify supply chain resilience amidst the ongoing West Asia crisis.
Flipkart will launch Flipkart Minutes app with pilot around July
Flipkart is reportedly preparing to launch a standalone app, Flipkart Minutes, for its quick commerce service, aiming to enhance visibility and brand recall.
Huawei to invest ¥18 billion in smart driving technology
Huawei Technologies plans to invest $2.6 billion globally in research and development of smart driving technologies, including computing power for training.
Infosys posts strong Q4 but ADRs fall on cautious guidance
Infosys' US-listed ADRs fell nearly 6% in pre-market trading, despite the company reporting a robust 21% YoY profit increase in its March-quarter earnings.
Infosys Q4 FY26 profit jumps 27.8% to ₹8,501cr, EPS ₹21.01
Infosys reported a robust 27.8% quarter-on-quarter increase in net profit for Q4 FY26, alongside announcing a final dividend of Rs 25 per share.
Sensex drops 852 points as Brent crude tops $103
Indian stock markets faced a second consecutive session of losses as Brent crude crossed $103 and the rupee hit an April low.
Infosys to hire 20,000 graduates by 2026 after 8,000+ exits
Infosys, India's second-largest IT services company, plans to hire around 20,000 fresh graduates this year, according to its CFO.
Finance Minister Sitharaman meets officials in Delhi on AI risks
Finance Minister Nirmala Sitharaman met with bank heads to discuss potential risks posed by Artificial Intelligence, particularly Anthropic's Mythos model.
Infosys Q4 profits rise 21% to ₹8,501cr, revenue up 13.4%
Infosys reported a 21% YoY increase in consolidated profit for Q4, with key deals and FY27 guidance contributing to the company's robust performance.
Infosys declares ₹25 per share dividend after strong Q4 results
Infosys declared a final dividend of ₹25 per share for FY26, following a 21% YoY profit increase to ₹8,501 crore in Q4FY26.
Three Indian firms to build 5-year sovereign AI compute platform
BharatGen Technology Foundation, L&T Semiconductor Technologies Ltd (LTSCT), and Larsen & Toubro-Vyoma have partnered to develop India's Sovereign AI compute platform.
Nokia CEO Hotard says Europe lags on AI data centers
Europe's lack of infrastructure and investment may cause it to fall behind the US and China in building AI data centres, warns Nokia CEO Justin Hotard.
LinkedIn CEO Ryan Roslansky steps down, Dan Shapero takes over
Ryan Roslansky has resigned as LinkedIn CEO, making way for COO Dan Shapero, while continuing his executive role at Microsoft overseeing LinkedIn and other platforms.
Srikanth Velamakanni named NASSCOM chairperson and Kishor Patil vice chairperson
Srikanth Velamakanni, Co-Founder and Group CEO of Fractal, has been appointed as the new Chairperson of IT industry body Nasscom, succeeding Sindhu Gangadharan.
India's smartphone exports jump 28%, shipments up 8%, Foxconn leads
'Made in India' smartphone shipments increased by 8% in 2025, largely driven by a significant surge of 28% in exports.
Indian rupee falls to 94.10 per dollar as oil surges
The Indian rupee has experienced its longest losing streak since mid-January, largely due to escalating oil prices and stalled US-Iran peace talks.
Storm Duncan lists $8 million Mill Valley home for Anthropic shares
Storm Duncan, founder of Ignatious, plans to exchange his $8M estate for shares in AI giant Anthropic. This unconventional deal includes Duncan covering all closing costs.
Libas launches Gerua label as brand crosses ₹1,000cr ARR
Libas, a D2C fast fashion brand, has introduced Gerua, an AI-led label targeting young professionals. The new workwear brand aims to fill a gap in the largely unorganised segment.
Sensex drops 852 points as Nifty falls to 24,173
The BSE Sensex and NSE Nifty experienced significant drops, falling 852.49 points and 205.05 points respectively, while Dr Reddy's Laboratories saw an almost 9% increase.
Maharashtra to launch $1bn IPO for state power distributor
Maharashtra State Electricity Distribution Co. is preparing for an initial public offering (IPO) that could raise up to $1 billion, according to insiders.
RBI approves early redemption for 2 Sovereign Gold Bonds
A wave of sovereign gold bond (SGB) redemptions is underway, offering investors returns exceeding 200 percent due to a significant increase in gold prices.
RBI plans new wallets for foreign visitors, travel, gifting
The Reserve Bank of India (RBI) has proposed a new category of prepaid payment instruments (PPIs) in its latest draft paper.
NSE to launch liquidity enhancement scheme for Brent crude futures
The National Stock Exchange (NSE) plans to introduce a market-making scheme for its newly launched Brent crude futures, challenging the Multi Commodity Exchange of India's (MCX) dominance.
STOXX 600 falls 0.2% amid Strait of Hormuz tensions
European shares dipped on Thursday due to rising shipping concerns in the Strait of Hormuz and investors assessing corporate earnings reports.
India's ultra-rich population surges; billionaires to rise 51% by 2030
India's ultra-wealthy population is growing at a rapid pace. The country has now become the sixth-largest in terms of ultra-high net worth individuals (UHNWI), according to a Knight Frank report.
India's private sector growth accelerates in April
India's private sector activity gained momentum in April, with a strong performance from the manufacturing sector.
Number of billionaires to reach 4,000 in next 5 years
The global billionaire population is projected to hit nearly 4,000 by 2031, according to a report by estate agent Knight Frank.
Amit Chadha: 30% of LTTS is new, weaving industrial AI
L&T Technology Services' CEO, Amit Chadha, reveals how artificial intelligence (AI) is reshaping the company's portfolio and shifting profit pools.
Amazon India invests ₹2,800cr to scale quick commerce, logistics
Amazon India has announced a massive investment of ₹2,800 crore (nearly $300 million) to boost its infrastructure and operations across the country.
Bikaji founder Shiv Ratan Agarwal passes away at 74
Shiv Ratan Agarwal, the Chairman and Managing Director of Bikaji Foods International Ltd, has passed away in Chennai. He was 74 years old.
Sensex crashes 1,600 points in 2 days: What's hurting markets?
The Indian stock market has been on a downward spiral for the past two sessions, with the Sensex and Nifty 50 crashing by nearly 1,600 points or almost 2%.
Cipla wins FDA approval for 90 mcg Ventolin HFA generic
Cipla Ltd has received final approval from the US Food and Drug Administration (USFDA) for its generic albuterol sulfate inhalation aerosol, a treatment for bronchospasm.
India ranks 6th globally in 2026 with 19,877 UHNWI population
India ranks sixth globally with 19,877 ultra-high net worth individuals (UHNWIs), projected to rise 27% by 2031. The country's billionaire count is also expected to increase by 51%.
Shiv Ratan Agarwal dies at 75, man behind Bikaji Foods
Shiv Ratan Agarwal, the founder of leading snack brand Bikaji Foods International, passed away on April 23, 2026. His death was announced by the company in a regulatory filing.
Deep Algorithms secures ₹16cr led by Unicorn India Ventures
Cybersecurity firm Deep Algorithms has raised ₹16 crore in a Pre-Series A round led by Unicorn India Ventures, with plans to expand operations and accelerate product development.
Slice seeks $100M funding to expand physical and digital presence
Bengaluru-based fintech firm Slice is in advanced talks to raise between $80 million and $100 million in a new funding round.
Sainsbury's posts small profit rise, warns of Middle East impact
Sainsbury’s has cautioned that the ongoing Middle East conflict could potentially reduce profits this year, as it escalates business costs and tightens customers' budgets.
Bernstein tells PM Modi India risks missing growth without reforms
Bernstein warns in an open letter to PM Modi that India risks economic complacency without accelerated structural reforms, particularly in jobs, manufacturing and innovation.
Anthopic nears $1 trillion valuation on private exchanges surpassing OpenAI
AI firm Anthropic's valuation is nearing a staggering $1 trillion in secondary markets, surpassing rival OpenAI, driven by investor demand and rapid revenue growth.
Amazon India to invest ₹2,800cr improving warehouse and delivery conditions
Amazon India plans to invest over ₹2,800 crore ($300 million) to enhance worker safety, health and financial security while expanding its logistics network.
Trent Limited shares fall 2.53% to ₹4,322.10 despite strong quarter
Despite strong Q4 results and multiple Buy ratings from analysts, shares of Trent Limited fell by 2.5% in Thursday's trading.
India private sector posts nearly 5 years of expansion with April PMI 58.3
Despite the ongoing Middle East conflict and rising oil prices, India's private sector growth accelerated in April as indicated by a rise in PMI.
Fractal Analytics stock tops IPO at ₹905, retail ownership falls
Fractal Analytics, India's first pure-play AI company, has crossed its IPO price for the first time since listing, despite a decrease in retail ownership.
HSBC India Composite PMI climbs to 58.3 on manufacturing rebound
A sharp rebound in manufacturing has accelerated India's private sector activity, while hiring reached a ten-month high in April, according to a recent survey.
Singapore Airlines increases operations and engineering role at Air India
Singapore Airlines is intensifying its operational role at Air India, amid the latter's record losses and safety concerns.
Beyond Appliances' hybrid gas electric kitchen platforms address LPG shortages
Amidst an LPG shortage, Bengaluru-based Beyond Appliances is innovating with hybrid cooking solutions, combining gas and electric heat technologies.
Bank of Baroda launches senior account for 60+ with ₹1L
Bank of Baroda has unveiled a premium savings account, 'bob Senior Citizen Vishesh Samman', offering healthcare benefits and doorstep banking services to senior citizens.
Gold and silver dip across India, gold ₹1.52L per 10g
Gold prices in India fell below ₹1.52 lakh per 10 grams on Thursday, while silver also experienced a decline, reflecting weak global cues.
Nintendo faces lawsuit as customers demand tariff refund share
A class action lawsuit has been filed against Nintendo of America, demanding the gaming giant pass on the money it expects to receive from tariff refunds.
Tesla triples spending to $25B for AI, robotics push
Tesla has announced a massive increase in its capital expenditure (capex) for 2026, with plans to spend $25 billion.
Petrol, diesel may jump ₹25-28/liter after elections: Report
Petrol and diesel prices in India could see a major spike after the ongoing Assembly elections end on April 29.
Gold, silver extend losses amid oil price surge, risk-on sentiment
Gold and silver prices have witnessed a dip in early trade today. The decline is mainly due to the easing geopolitical tensions after the US-Iran ceasefire extension, which has reduced the demand for safe-haven assets.
STCH raises $5.5 million to remove guesswork from fabric development
STCH, a startup focusing on fabric development, has raised $5.5 million in a funding round led by Omnivore and Kae Capital to enhance its AI-driven R&D process.
Groww stock rises 14% after Q4 with ₹686 cr profit
Groww's shares rallied 14% in three days following robust Q4 results, prompting analysts to debate the stock's investment potential.
Oil prices surpass $100 as US-Iran peace talks remain stalled
Oil prices have witnessed a surge for the fourth consecutive day, as peace negotiations between the US and Iran remain stalled.
Rocklink India launches 10,000-ton lithium-ion battery recycling plant in Sikandrabad
Rocklink India has inaugurated a lithium-ion battery recycling facility in Uttar Pradesh, aiming to establish a domestic ecosystem for recycling critical and rare earth minerals.
This billionaire backed Trump's crypto firm. Now he's suing it
Justin Sun, a billionaire investor and cryptocurrency advocate, has filed a lawsuit against World Liberty Financial (WLFI), the crypto venture co-founded by US President Donald Trump and his son Eric Trump.
India in-app purchases reach $300 million in Q1 2026 up 33%
India's mobile app market has seen a record revenue surge, with global platforms capturing a significant portion of the increased spending.
Bitcoin holds above $78,000, edging toward $80,000 amid easing tensions
Bitcoin continues to hold firm near the $78,000 mark as bullish investors remain active, with experts noting a key resistance level at $80,000.
Who is Dan Shapero, LinkedIn's new CEO?
Microsoft has announced the appointment of Dan Shapero as the new Chief Executive Officer (CEO) of LinkedIn.
Sandeep Kalra maps Persistent Systems' $2B FY27 $5B FY31 ambitions
Despite AI disruption and macroeconomic uncertainties, Persistent Systems continues to pursue its $2 billion revenue target by FY27.
Paisalo Digital aims to double assets, revenue, profits with AI
Paisalo Digital, a Non-Banking Financial Company (NBFC), is set to transition to an AI-driven lending platform, potentially impacting its stock performance.
Sensex, Nifty decline as crude tops $100 amid US-Iran tensions
India's benchmark stock market indices opened lower on Thursday, following a spike in crude oil prices.
Gates Foundation to cut 20% of staff by 2030
The Bill & Melinda Gates Foundation has announced plans to cut up to 20% of its workforce by 2030.
Tech Mahindra posts $1.6 billion quarter and $6.3 billion year
Tech Mahindra's Q4 revenue rose 4.9% year-on-year to $1.6 billion, driven by strong performance in manufacturing and retail sectors.
Why Tesla's battery business is suddenly slowing down
Tesla's battery business, a key revenue driver for the electric vehicle (EV) maker, has hit a rough patch.
Asian stocks slip after rally as MSCI index falls 0.7%
Asian shares pulled back from record highs on Thursday as oil prices rose due to escalating tensions in the Middle East, particularly involving Iran.
Razorpay and Google Pay simplify Indian exporters' cross-border payments
Razorpay has integrated with Google Pay, enabling Indian businesses to facilitate international transactions and provide a wallet-based checkout experience for global customers.
Sensex down 700+ points, Nifty below 24,200 amid U.S.-Iran tensions
Indian markets nosedive as Sensex drops 700 points and rupee weakens beyond 94, influenced by escalating US-Iran tensions and oil supply worries.
Sensex falls 757 points to 78,516 amid West Asia tensions
The Sensex fell 757 points due to investor concerns over the fragile nature of West Asia peace talks and rising crude oil prices.
India pilots e-Rupee to curb corruption in $80B subsidies
India is testing its digital currency, the e-rupee, in welfare payments to enhance efficiency and curb corruption in government subsidies.
India planning special West Asia ships, nearly halving freight costs
The Indian government is planning to operate special vessels to West Asia, aiming to offer exporters cheaper freight rates for their goods.
Sensex drops after Iranian ship seizures in Strait of Hormuz
The Nifty 50 and BSE Sensex experienced a downturn amid escalating tensions in the Strait of Hormuz. Concurrently, Brent Crude prices remained above $100 per barrel.
Gold falls after oil tops $100, dimming rate cut hopes
Gold prices fell on Thursday as rising oil prices sparked inflation concerns, dampening hopes for interest rate cuts.
BitDelta launches crypto trading platform in India, plans city expansion
BitDelta India has launched its virtual digital asset trading platform in the country, planning to hire over 100 people by June.
Satya Nadella announces A$25B Microsoft investment in Australia by 2029
Microsoft plans to invest $18 billion in Australia by 2029, aiming to enhance computing and artificial intelligence capabilities amidst rising demand.
Pirojsha Godrej targets ₹5L/cr mcap, plans capital and chemicals listings
Pirojsha Godrej, the leader of Godrej Properties Ltd., aims to triple the market cap of Godrej Industries Group to ₹5 trillion within five years.
Japan's Nikkei hits record 60,000 on tech and AI gains
Japan's Nikkei share average crossed the significant 60,000 level for the first time, driven by a rally in technology stocks.
PNB and Kiwi launch UPI credit card for rural users
Punjab National Bank (PNB) has collaborated with fintech firm Kiwi to introduce a RuPay-based credit card integrated with the Unified Payments Interface (UPI).
US Israel and Iran conflict raises costs for businesses worldwide
The U.S.-Israeli war with Iran is causing increased costs, supply chain disruptions, and financial uncertainty for businesses worldwide.
Gold barely budged as Iran seizes ships, Trump extends cease-fire
Gold prices remain steady as investors await clarity on potential peace talks between the US and Iran amidst escalating tensions.
Starbucks cuts tech roles to streamline operations amid restructuring
Starbucks is reportedly laying off employees from its technology teams as part of a larger restructuring effort, according to an internal memo.
Asian markets rally after President Trump extends U.S.-Iran cease-fire
Asian markets, including Japan's Nikkei 225 and South Korea's Kospi, hit all-time highs on Thursday, bolstered by the extension of the US-Iran ceasefire.
India's IT industry sees Gen Z average tenure 1.1 years
Indian IT firms are rethinking their hiring strategies due to Gen Z's shorter job tenures, while HCLTech's CEO discusses the impact of AI on business.
Nearly 1 in 4 Indian stock investors are women
Nearly 25% of India's stock market investors are now women, with demat accounts held by them surging over 129% since 2021.
HSBC downgrades Indian stocks to underweight over Middle East conflict
HSBC has downgraded Indian equities to "underweight" for the second time in a month, citing less attractive risk-reward and potential growth risks.
Brent near $102 WTI $93 amid Strait of Hormuz tensions
Oil prices continue to rise as peace negotiations between the US and Iran remain at a standstill, escalating tensions over control of the Strait of Hormuz.
Tesla sees worldwide EV order spike amid rising gas prices
Tesla has experienced a surge in global demand, including slight growth in the US, partially due to rising gas prices following the US-Iran conflict.
Noida protests as Strait of Hormuz disruptions push LPG prices
India's factory workers are protesting due to economic hardships caused by the closure of the Strait of Hormuz, leading to increased cooking gas prices and stagnant wages.
Lululemon names former Nike executive Heidi O'Neill CEO in September
Lululemon Athletica has named former Nike executive Heidi O'Neill as its new CEO, replacing Calvin McDonald who stepped down in January.
Indian sports startups make playing easier and raise $6.5 million
A rise in sports participation is driving a boom in startups catering to everyday athletes, with platforms facilitating easier court bookings and team formations.
HCLTech outperforms TCS and Wipro but shares fall over 10%
HCLTech's CEO, C Vijayakumar, anticipates advanced AI services to cushion the blow of revenue deflation, despite geopolitical and macroeconomic uncertainties.
Rupee drops to 93.79 against US dollar amid oil surge
The Indian rupee fell for the third consecutive day, losing 30 paise to close at 93.79/80 against the dollar, driven by escalating crude oil prices and geopolitical tensions.
Gulf conflicts hit Indian alternative fundraising, managers seek Africa Europe
Indian alternative investment firms in the Gulf are facing a slowdown due to regional conflicts, causing high-net-worth individuals and institutions to become more cautious.
Tesla posts $22.4B Q1 revenue, plans over $25B AI investment
Tesla reported a Q1 revenue of $22.4 billion and announced plans to significantly increase capital expenditure, focusing on AI and robotics, as per CEO Elon Musk.
IBM stock slid 7% after hours on software division concerns
IBM's shares fell 7% after its software unit results failed to alleviate concerns about the company's AI capabilities, negatively affecting Dow futures.
Tesla plans $25B capital spend to boost AI and autonomy
Elon Musk, CEO of Tesla, anticipates a significant rise in the company's capital expenditures as it invests heavily in artificial intelligence and robotics.
Tesla posts $22.4B Q1 revenue up 16% as growth cools
Tesla's Q1 revenue increased 16% year-over-year, driven by rising automotive sales and Full Self-Driving subscriptions, despite underperforming EV delivery expectations.
Tesla Q1 profit 41 cents beats estimates as stock rises
Tesla's Q1 earnings exceeded Wall Street predictions, as CEO Elon Musk steers the company towards AI and robotics, despite struggling auto sales.
India's real estate draws $5.1 billion institutional investment, up 72%
India's real estate sector witnessed a 72% on-year jump in institutional capital to $5.1 billion in Q1, largely driven by domestic investors.
SBI chairman CS Setty says AI could upgrade financial markets
State Bank of India's chairman, CS Setty, asserts that artificial intelligence will significantly enhance risk management and operational efficiency in financial markets.
ASUS in talks to supply AI servers in India
Taiwanese tech giant Asus is negotiating with the Indian government and local cloud providers to supply advanced AI compute servers, expanding its operations beyond PCs.
TSMC to open Arizona AI chip packaging plant by 2029
Taiwan Semiconductor Manufacturing Co (TSMC) intends to open a chip packaging plant in Arizona by 2029, according to a company executive.
India telecom base reaches 1.33B driven by wireless March additions
India's telecommunications industry added 9.28 million subscribers in March 2026, raising the total to a staggering 1.33 billion users.
Strong company earnings push US stocks toward record highs
US stocks are advancing towards record highs, driven by robust earnings from major companies. This surge occurs despite rising oil prices and geopolitical uncertainties.
India electronics exports jump 24% in FY26 led by smartphones
India's electronics exports rose by 24% last fiscal year, led by a 22% increase in smartphone exports. This growth reflects the success of the government's production linked incentive program.
Surging CEO turnover in 2026 includes Apple, Disney, Walmart
Following Tim Cook's exit, a surge in CEO turnover is observed with 209 exits in January, indicating an AI-driven shake-up across major companies like Apple, Disney, and Walmart.
Indian e-commerce stocks: All about this investment option
Investing in Indian e-commerce stocks can be a profitable opportunity, given the booming online retail market.
Google signs multi-billion dollar deal with Mira Murati's AI start-up
Thinking Machines Lab, the AI start-up founded by ex-OpenAI executive Mira Murati, has signed a major multi-billion-dollar deal with Google.
Modi government wants these states to cut VAT on ATF
The Civil Aviation Ministry is in talks with the Delhi, Tamil Nadu, West Bengal, and Maharashtra governments to cut value added tax (VAT) on aviation turbine fuel (ATF).
India's Q1 housing sales down 4%: What's the reason?
The ongoing slowdown in information technology (IT) hiring and layoffs is beginning to affect India's housing market.
Why Zerodha has shut down its 'Zero1' program
Leading Indian discount broker Zerodha has announced the discontinuation of its Zero1 initiative.
India aims to outpace China in green hydrogen production
India is targeting to produce five million metric tons of green hydrogen annually by 2030.
Apple still takes App Store guidelines for external payments seriously
Apple has removed the MyFitnessPal-owned Cal AI food-logging app from its App Store, TechCrunch reported.
New online gaming rules from May 1: What has changed?
The Ministry of Electronics and Information Technology (MeitY) has announced a new regulatory framework for online gaming.
Modi government now allows ethanol blending in aviation turbine fuel
In a major push toward cleaner and alternative energy sources for aviation, the Ministry of Petroleum and Natural Gas has amended the rules governing aviation turbine fuel (ATF).
KKR captain Ajinkya Rahane joins footwear brand Chupps as investor
Cricketer Ajinkya Rahane, the captain of Kolkata Knight Riders, has invested in Mumbai-based open footwear brand Chupps. The investment value remains undisclosed.
India's fiscal deficit may hit 4.5% of GDP
India's fiscal deficit is projected to exceed the budgeted target, hitting 4.5% of GDP, research firm BMI said.
Tech Mahindra's Q4 profit rises 16% YoY to ₹1,354cr
Tech Mahindra, a leading IT services company, has reported a strong financial performance for the March quarter.
Is ₹1cr enough for you to retire in 2046?
The magic number of ₹1 crore has long been the gold standard for retirement planning in India.
Dunzo's Kabeer Biswas raises ₹102cr for new AI start-up
Kabeer Biswas, the former co-founder of Dunzo, is raising ₹102 crore (about $11 million) for his new start-up 'M.' The company has already received nearly $9 million and expects the remaining funds soon.
This IIM-B grad is driving OpenAI's enterprise sales in India
Nitin Bawankule, a seasoned sales leader from Mumbai, has been appointed as the Head of Enterprise Sales for India at OpenAI.
How Amazon will stop sale of fake products in India
E-commerce giant Amazon is intensifying its efforts to fight against the sale of counterfeit products in India.
OpenAI plans to invest $1.5B in DeployCo: What is it?
OpenAI, the company behind ChatGPT, is planning to invest up to $1.5 billion in a new joint venture with private equity firms.
Why Microsoft is facing a $2.8B lawsuit in the UK
A London tribunal has given the green light to a mass lawsuit against Microsoft, The Guardian reported.
HCLTech shares hit 52-week low today: Here we decode why
HClTech's shares plummeted by up to 10% today, hitting a 52-week low of ₹1,297.
Crude oil prices hover near $100 as US-Iran tensions linger
Crude oil prices have remained stable in early Asian trading on Wednesday, April 22.
Akasa Air adds more jets as fleet hits 38
Akasa Air, the airline that started operations in August 2022, has added a new Boeing 737 MAX 8-200 aircraft to its fleet.
Lufthansa cancels 20,000 flights as jet fuel prices double
Deutsche Lufthansa AG, Europe's largest airline group, has announced plans to cancel 20,000 short-haul flights from its European summer schedule.
Sensex tanks over 800 points: What's behind today's decline?
The Indian stock market witnessed a major downturn on Wednesday, with the Sensex and Nifty 50 both seeing significant losses.
Chip giant ASML to lay off 1,700 employees amid restructuring
Dutch chip equipment maker ASML is set to lay off around 1,700 employees.
SpaceX strikes deal to buy AI start-up Cursor for $60B
SpaceX, Elon Musk's rocket and satellite company, has announced a major deal with artificial intelligence (AI) start-up Cursor.
PPF or FD: Which has higher interest rates?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
NRI loans: All about this option
Navigating the world of loans can be tricky, especially for non-resident Indians (NRIs) looking to invest in India.
HCL Tech's Q4 FY26 profit rises 4.2% YoY to ₹4,488cr
HCL Technologies, India's third-largest IT firm by market capitalization, has announced a 4.2% year-on-year (YoY) increase in its consolidated profit for the March quarter (Q4 FY26).
Why India has paused bilateral investment treaty talks with UK
India and the United Kingdom have put their bilateral investment treaty (BIT) negotiations on hold.
Elon Musk purchased SpaceX stocks worth $1.4B last year
Elon Musk, the CEO of SpaceX, bought $1.4 billion worth of shares from current and ex-employees last year.
Brands are now turning to AI chatbots to boost visibility
As the digital landscape evolves, brands are now focusing on visibility within AI chatbots like ChatGPT and Gemini.
Indian flights now can't use Pakistani airspace till May 24
Pakistan has extended its ban on Indian aircraft using its airspace by another month.
SpaceX: Elon Musk to retain voting control even after IPO
SpaceX is set to go public with a valuation of $1.75 trillion and plans to raise $75 billion.
Fintech stocks: All about this investment opportunity
India's fintech revolution is changing the way we look at financial services.
Air India announces 4-day sale on international routes: Check deals
Air India has launched a limited-period Summer Sale, offering major discounts on international flights.