Business News
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AI platforms dominate this year's IPL with 9 teams sponsored
Artificial Intelligence (AI) firms have become the leading sponsors of the Indian Premier League (IPL), with nine out of ten franchises partnering with AI brands.
Y Combinator starts 1st Startup School in India April 18
Y Combinator's first-ever Startup School in India is fostering a youth-led AI wave, redefining the future of work and entrepreneurship.
US Iran talks collapse lifts oil, rattles India's bond market
Indian government bonds and the rupee faced a downturn after unsuccessful U.S.-Iran peace talks led to a surge in oil prices.
India resumes Iranian oil imports under temporary US sanctions waiver
India receives its first shipment of Iranian crude in nearly seven years, amidst rising oil prices and supply disruptions.
India data center market expected to hit $22B by 2030
India's data centre industry is projected to grow from $10 billion in 2025 to $22 billion by 2030, driven by AI and cloud computing advancements.
March inflows surge as Indian investors buy market dips
Despite market downturns, equity mutual funds experienced a significant rise in inflows during March, indicating a potential increase in investor confidence.
Gold futures fall 0.78% to ₹1.51L, silver slides over 2%
Gold prices fell to a near one-week low, while silver dropped over 2% on the Multi Commodity Exchange (MCX), reflecting global market trends.
Sensex and Nifty claw back some losses by mid-morning trade
Despite a significant drop, Sensex managed to recover 600 points from its day's low due to value buying and foreign investor participation.
Ola Electric stock drops 7% to ₹37.96 after LFP rally
Ola Electric Mobility's shares dropped by 7% as investors cashed in on profits following a sharp 40% surge over the previous three trading sessions.
RateGain launches RG Varsity global certification for hotel digital marketing
RateGain Travel Technologies Ltd has launched RG Varsity, a digital marketing certification programme aimed at enhancing hotel marketing teams' skills in AI-driven environments.
Eli Lilly to seek India approval for orforglipron obesity pill
US pharmaceutical company Eli Lilly is preparing to introduce its oral weight-loss pill, orforglipron, in India as part of its global rollout strategy.
Swiss bank UBP returns to gold, forecasts $6,000 an ounce
Swiss private bank Union Bancaire Privée (UBP) is gradually buying gold again after reducing its exposure. The bank forecasts a rise in gold prices to $6,000 an ounce by year-end.
Bitcoin holds near $71,000 Monday as altcoins show mixed performance
Despite escalating Middle East tensions, Bitcoin maintains its position above the $71,000 mark following a CPI-led rally that triggered profit booking.
Truecaller retains momentum in India despite real-name caller ID rules
Truecaller CEO, Rishit Jhunjhunwala, expresses confidence in the company's ability to compete with the government's real name caller ID mandate in India.
Sensex crashes 1,600 points as US-Iran war rattles markets
The Indian stock market witnessed a major crash today, with the BSE Sensex plunging over 1,600 points or 2.07% to 75,943.14 within minutes of opening.
US FTC may end probe into X boycott by advertisers
The US Federal Trade Commission (FTC) is in talks with major advertising firms over a potential settlement.
Tata Group shares worth over ₹93,700cr open for trade today
The six-month lock-in period for Tata Capital Ltd, a non-banking financial company (NBFC) under the Tata Group, expires today.
Ongoing US-Iran war could derail government's ₹75,000cr dividend goal
The ongoing conflict in West Asia could keep global commodity prices high, affecting the profitability of state-run companies in India.
Indian bond yields rise as Brent tops $100, inflation risk
Indian bonds opened five basis points lower on April 13 due to a surge in Brent crude prices above $100 per barrel, following unsuccessful US-Iran talks.
US blocks maritime traffic to Iran, oil prices surge Monday
Crude oil futures experienced a significant rise following the US's decision to blockade all maritime traffic to and from Iranian ports.
Donald Trump orders Strait of Hormuz blockade, Indian rupee falls
The Indian rupee weakened for the third consecutive session on April 4, influenced by global equity losses and a stronger dollar.
TSMC to report 4th straight profitable quarter on AI demand
TSMC, the world's leading AI chip manufacturer, is expected to report a 50% surge in net profit for Q1 2026 due to high demand for AI infrastructure.
Income Tax Department unveils TRACES portal for TDS TCS
The Income-Tax Department has launched an upgraded version of its TRACES portal, aiming to simplify tax compliance and enhance transparency for individuals and businesses.
Indian markets likely to open lower amid oil, Iran tensions
Indian equity benchmarks are expected to open lower on Monday, influenced by a surge in Brent crude oil prices to $101.86.
Trump calls for Strait of Hormuz naval blockade, markets tumble
Indian equities, including Gift Nifty, are expected to open lower due to President Trump's military blockade on the Strait of Hormuz, causing a ripple effect in Asian markets.
Shapoorji Pallonji seeks 2 month extension for ₹14,300cr bonds
The Shapoorji Pallonji Group is requesting a two-month extension on its ₹14,300 crore bond payment due to foreign exchange volatility and tighter hedging conditions.
Gold hits 1-week low as USD strengthens, oil tops $100
Gold prices hit a near one-week low due to a stronger dollar and rising energy prices, dampening hopes for U.S. Federal Reserve interest rate cuts this year.
Tata Capital lock-in ends April 13 nearly 67% shares ₹93,742cr
Tata Capital Ltd. sees nearly 67% of its equity, valued at around ₹93,742.4 crore, become eligible for trading as the six-month shareholder lock-in period ends today.
Venture funding hits $300B as AI startups take 80%
Global venture funding reached a record $300 billion in Q1 2021, largely driven by investments in artificial intelligence startups.
Zerodha turns Coin platform into 1-stop investing hub managing 1.9L/cr
Zerodha is broadening its Coin platform to include fixed deposits, mutual funds, NPS, and insurance for passive wealth management.
Indian companies use dual IPO and private-sale route aiming ₹500cr-₹2,000cr
Indian companies are adopting a dual-track strategy, preparing for IPOs while exploring private sales due to stock market volatility.
Air India offers employees discounted shares tied to performance goals
Air India plans to offer performance-linked stock options to its employees, aiming to attract and retain talent while pursuing profitability.
European gas up 17% after Donald Trump ordered Hormuz blockade
European natural gas prices surged up to 18% following US President Donald Trump's announcement of a full blockade on the Strait of Hormuz.
Oil tops $100 after Trump warns US may block Hormuz
Crude oil prices have soared above $100 per barrel after US President Donald Trump threatened to block the Strait of Hormuz, following failed US-Iran negotiations.
Gold near $4,755 as US Iran talks in Pakistan loom
Gold prices fluctuate as traders anticipate the outcome of the upcoming US-Iran peace talks, amidst a fragile ceasefire.
Larsen & Toubro aims for up to 3.5x nuclear revenue
Larsen & Toubro (L&T) anticipates a substantial increase in its nuclear energy business revenue over the next five years, driven by global demand for nuclear power.
IMF, World Bank to revise global growth forecasts downward
Top finance officials from around the world are set to meet in Washington this week amid the ongoing war in the Middle East.
Why banks with exposure to carbon-intensive sectors are at risk
A recent study by researchers from IIM Lucknow has revealed that banks with high exposure to carbon-intensive sectors are likely to face increased credit risk in the long run.
How Delhi NCR is lowering reliance on LPG for cooking
Indraprastha Gas Ltd (IGL) is working to expand its piped natural gas (PNG) connections in the Delhi-National Capital Region (NCR).
India's coal imports down 8.5%: Here we decode why
India's coal imports declined by 8.5% in February, reaching 16.55 million tons (MT).
India's patent applications surge 30.2% to 1.43L in FY26
India has witnessed a massive surge in patent applications, with a record-breaking 1,43,729 filings in the fiscal year 2025-26.
Gold down 9% since US-Iran war's start: Should you buy?
Gold prices have witnessed a steep fall of over 9% since the onset of the US-Iran war on February 28.
AI leaders urge workers to adapt as automation fears grow
As fears of job losses due to automation loom large, AI industry leaders are urging workers to adapt and focus on human skills.
How Flipkart, Amazon are intensifying competition in quick commerce space
India's quick commerce start-ups are facing stiff competition from e-commerce giants Flipkart and Amazon.
US-Iran war could widen India's current account deficit to 2%
India's current account deficit (CAD) could widen to nearly 2% of its gross domestic product (GDP) if the West Asia crisis continues, a report by CRISIL has warned.
How Oracle's AI spending spree triggered cash crunch, job cuts
Oracle, the tech giant founded by Larry Ellison, is facing a major financial crisis due to its aggressive investment in artificial intelligence (AI) infrastructure.
Why RBI has criticized INR arbitrage trades by banks
The Reserve Bank of India (RBI) has criticized foreign-exchange market makers for their role in the rupee's depreciation during recent Middle East tensions.
Why Lufthansa pilots are going on strike tomorrow
The Vereinigung Cockpit (VC) union has called for a two-day strike at Lufthansa, Europe's largest airline group, starting tomorrow.
Market cap of India's top 8 firms up ₹4.13L crore
The combined market capitalization of eight out of the top 10 most-valued Indian companies surged by a whopping ₹4.13 lakh crore last week.
TCS offers 25,000 jobs to freshers this fiscal year
Tata Consultancy Services (TCS), India's largest IT services company, has made 25,000 job offers to freshers in the current fiscal year.
India-UK FTA likely to come into effect this May
The India-UK Free Trade Agreement (FTA), signed on July 24, 2025, is expected to come into effect from the second week of May.
Want a matchbox? You can buy Cartier's set for ₹29,500
The humble matchbox has received a luxury makeover, with some models carrying eye-watering price tags.
FPIs withdraw ₹48,000cr from Indian equities in April
Foreign portfolio investors (FPIs) have continued their aggressive sell-off in the Indian equities, withdrawing ₹48,213 crore (approximately $5.14 billion) in the first 10 days of April.
Modi government sets ₹1L crore target for India's seafood exports
India's seafood exports have witnessed a massive surge, crossing ₹62,408 crore in the fiscal year 2024-25.
Women participation in contract IT roles touch 40% in FY26
The representation of women in contract or flexible roles within the information technology (IT) and IT-enabled services sector in India has reached 40% in fiscal year 2026 (FY26).
xAI faces legal challenge over gas-powered plant
Elon Musk's artificial intelligence (AI) company, xAI, is facing a legal challenge in Mississippi.
US-Iran war: India, Saudi discuss trade stability in virtual meet
In a bid to protect their economic interests amid regional turmoil, India's Union Commerce and Industry Minister Piyush Goyal and Saudi Arabia's Commerce Minister Majid bin Abdullah Al Qassabi held a virtual summit.
Windfall tax on diesel, ATF hiked: How it affects you?
The Indian government has hiked the export duty, or windfall tax, on diesel and aviation fuel (ATF).
How US-Iran war is affecting India's FMCG sector
The fast-moving consumer goods (FMCG) industry is grappling with a major increase in packaging costs, which have gone up by 15-20%.
Why Tata Sons chief is worried about Air India's future
Tata Sons Chairman Natarajan Chandrasekaran has warned that Air India is going through a "challenging time."
Indian stock-market will remain closed on this day next week
The Indian stock market is gearing up for a holiday-shortened week, with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) closing on Tuesday (April 14).
How can India become a $10T economy? CJI Kant explains
Chief Justice of India (CJI) Surya Kant has said that India's transformation into a $10 trillion economy cannot be achieved through capital or policy alone.
Is Samsung planning to downsize its operations in China?
Samsung Electronics is reportedly mulling a major restructuring of its business in China, according to industry insiders.
Iran war effect: Indian automobile hub raises minimum wage
Haryana, a major hub for automobile manufacturing, has announced a 35% hike in the minimum wage.
Reliance seeks Modi government's nod to import Iranian oil
Reliance Industries has requested Indian government's approval to import Iranian crude oil on four vessels.
Bhavish Aggarwal gets relief from bailable warrant by Bombay HC
The Bombay High Court has scrapped a bailable warrant and summons issued against Bhavish Aggarwal, the CEO of Ola Electric.
OpenAI accuses Musk of 'legal ambush' ahead of trial
OpenAI has accused Elon Musk of a "legal ambush" just weeks before a major trial.
IBM to pay $17M to settle US diversity practices probe
IBM has agreed to pay $17 million as part of a settlement with the US government.
Google bags discom license for $15B AP data center hub
Google has bagged a power distribution (discom) license for its upcoming 1GW data center hub in Visakhapatnam, Andhra Pradesh.
SEBI rolls out 3 IT platforms: What do they do?
The Securities and Exchange Board of India (SEBI) has launched three new information technology (IT) platforms.
Gaming stocks: All about this interesting investment option
As the Indian gaming industry continues to grow, investors are increasingly interested in the stocks of companies involved in this sector.
Unclaimed PF corpus hits ₹11,000cr: How to claim your money
The unclaimed Employees's Provident Fund (EPF) money has surged to a whopping ₹10,915 crore. This is due to 3.18 million inactive EPF accounts in India.
US-Iran war risks 2008-like financial crisis: Bank of England Governor
Bank of England Governor Andrew Bailey has warned that the ongoing conflict in Iran could pop the $3 trillion private credit market's bubble, leading to a financial crisis similar to that of 2008.
Swiggy co-founder Nandan Reddy quits to start new venture
Swiggy co-founder Nandan Reddy is leaving the company to start his own venture. The decision was announced in an exchange filing today.
TCS reports 1st-ever revenue decline since going public in 2004
Tata Consultancy Services (TCS) has reported its first-ever decline in revenue growth since going public in 2004.
Oil nears $100 as Hormuz disruption outweighs US-Iran ceasefire
Oil prices have surged toward $100 per barrel amid uncertainty over the US-Iran ceasefire.
Indian airlines seek government intervention Dubai caps foreign flights
Dubai has imposed a restriction on international flights, allowing only one daily flight from foreign carriers to its airports until May 31.
Jaypee founder calls Adani takeover 'fair', backs resolution process
Jaiprakash Gaur, the founder of the Jaypee Group, has backed the Adani Group's successful bid to acquire assets of bankrupt Jaiprakash Associates Ltd (JAL).
Shapoorji Mistry backs Tata Sons listing, calls it 'necessary evolution'
Shapoorji Pallonji Mistry has reiterated his support for the timely listing of Tata Sons. He called it a "necessary evolution" for the group and not just a regulatory compliance.
OpenAI loses key Stargate executives as data center project slows
OpenAI is seeing some key exits from its AI infrastructure team.
Mutual fund SIP inflows hit record ₹32,000cr in March
Mutual fund Systematic Investment Plan (SIP) inflows have hit a new high of ₹32,087 crore in March. This is an 8% increase from February's ₹29,845 crore.
Florida probes OpenAI over mass shooting, national security risks
Florida Attorney General James Uthmeier has announced an investigation into OpenAI.
UPI payments above ₹10,000 may face 1-hour delay: Know why
The Reserve Bank of India (RBI) has proposed a one-hour delay for digital transfers over ₹10,000.
Ola Electric shares surge 70% in April: What's driving rally?
Ola Electric's shares have witnessed a remarkable recovery, surging by 70% so far in April.
Gold plunges 12% in March, biggest monthly drop since 2013
Gold prices witnessed their biggest monthly drop in over a decade, plummeting by 12% in March to $4,608 per ounce.
Groww hits record high after 18% rally: Hold or sell?
Billionbrains Garage Ventures, the parent company of Groww, has witnessed a sharp surge in its shares.