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IRB Infrastructure slashes profit by 65%, announces bonus shares
IRB Infrastructure Developers Ltd declared a dividend and bonus issue despite reporting a decline in Q3 revenue and net profit.
DP World appoints new chairman, CEO amid Epstein email fallout
Sultan Ahmed bin Sulayem, CEO of Dubai-based logistics giant DP World, has resigned following the public disclosure of his past emails with convicted sex offender Jeffrey Epstein.
Cognizant says AI will finally pay off
Cognizant, a global IT firm, warns that artificial intelligence (AI) and automation could replace parts of their traditional services, potentially impacting business performance.
Axis Bank's Q3 profit jumps 28% sequentially to ₹6,490 crore
Axis Bank's CEO, Amitabh Chaudhry, predicts the bank's loan growth will surpass industry rates and anticipates an improvement in net interest margins.
Siemens Energy India reports strong start to FY26
Siemens Energy India Ltd (SEIL) has recorded a 35% increase in net profit, reaching ₹313 crore for the December quarter of 2025, driven by a surge in revenues.
Indian IT stocks lose ₹3 lakh crore in 2 days
Indian IT stocks faced a severe sell-off, erasing nearly ₹3 lakh crore in market capitalisation and causing the Sensex and Nifty to decline about 1% for the week.
Kwality Wall's IPO to hit markets on February 16
Kwality Wall's India Ltd., the demerged ice cream business of Hindustan Unilever Limited (HUL), is set to debut on the bourses on February 16.
InsuranceDekho plans $250M IPO in India
InsuranceDekho, a Gurugram-based insurtech start-up, is reportedly planning an initial public offering (IPO) in India.
Sensex, Nifty hit 3-month lows as ₹4.62 lakh crore wiped
The BSE Sensex fell by 1,048.16 points, closing at 82,626.76 while the Nifty 50 dropped to below 25,500 amidst a broad market selloff.
European stocks slip as AI concerns overshadow earnings reports
European stocks fell on Friday due to ongoing uncertainties about AI-related disruptions and mixed corporate earnings from companies like Safran and L'Oreal.
How to increase your UPI transaction limit
Unified Payments Interface (UPI) has revolutionized digital transactions in India, but the daily transaction limit can sometimes be a hurdle.
Capgemini's revenue beats expectations, driven by strong 4th-quarter performance
Capgemini reported a 1.7% YoY revenue increase to 22,465 million euros in 2025, surpassing its targets. However, net profit declined by 4.2%.
Hindalco's profit nosedives 45% in Q3 FY26
Metal stocks, led by Hindalco, are experiencing a selloff due to potential US tariff reductions on steel and aluminium goods.
NITI Aayog's roadmap for India: $500B manufacturing by FY2030
NITI Aayog's recent report outlines a strategy to enhance India's electronics export, aiming to develop a globally competitive electronics ecosystem by FY2030.
ET AI Impact Forum on February 18
The ET AI Impact Forum is a strategic platform for enterprise leaders to make high-stakes decisions about embedding and scaling artificial intelligence responsibly.
RBI's new rules for agents: No recovery calls after 7:00pm
In a major move, the Reserve Bank of India (RBI) has proposed changes to the guidelines for debt recovery and appointment of recovery agents.
Razorpay plans ₹4,500 crore IPO (timeline not specified)
Razorpay, a leading fintech firm, has chosen Axis Capital, Kotak Mahindra Capital, JP Morgan and Citi as advisors for its planned $700 million-plus initial public offering (IPO).
TCS stock hits lowest level since 2020: What's causing decline?
Tata Consultancy Services (TCS) shares have hit a five-and-a-half-year low, closing at ₹2,585 on Friday. The fall comes amid fears of artificial intelligence (AI)-led disruption in the IT sector.
CBS News plans to cut 15% of staff
CBS News is set to lay off 15% of its staff as part of a significant newsroom overhaul led by editor in chief Bari Weiss.
Notion's valuation hits $11B as AI revenue skyrockets
Silicon Valley employees at burgeoning AI and tech startups are increasingly selling company stock prior to public offerings, reflecting a significant cultural shift.
Gen Z drives India's zero-sugar drink boom to record high
The popularity of zero and low-sugar drinks in India has surged to a five-year high in 2025. The trend marks the emergence of a major market segment from what was once considered an urban fad.
Gold, silver prices soar in India: Check future rates
Gold and silver prices in India have risen due to fresh trading positions and firm global trends, sparking speculation about the rally's continuity.
GIVA hits ₹518 crore revenue in FY25, up 89%
GIVA, a jewellery retailer, reported an impressive 89% increase in revenue to Rs 518 crore in FY25, despite a 22% increase in losses.
Reliance gets US nod for Venezuelan oil purchase
Reliance Industries Ltd. has been granted a general licence by the United States, allowing the Indian refiner to directly purchase Venezuelan oil without violating sanctions.
Income tax refunds start rolling in after delay: Details here
Taxpayers experience relief as a significant increase in income-tax refund payouts occurs over the past 24 hours, particularly for high-value credits.
Info Edge's profit rises 12% YoY in Q3
Info Edge, the parent company of Naukri.com, reported a 12% year-on-year increase in consolidated net profit at Rs 272 crore. The firm's revenue also rose by 13%.
No more unwanted insurance, mutual fund sales at banks: RBI
The Reserve Bank of India's (RBI) proposed rules on selling insurance and mutual funds could affect banks' cross-selling income and insurers' bancassurance-dependent revenues.
IBM to triple entry-level hiring, pushing back against AI concerns
IBM, the global tech giant, has announced its plan to triple entry-level hiring in the US in 2026.
InsuranceDekho plans IPO in India, aims to raise $250 million
Insurance tech startup, InsuranceDekho, is reportedly planning an initial public offering (IPO) in Mumbai that could raise up to $250 million.
Indian gold dealers offer rare discount as demand weakens
For the first time in nearly a month, gold has started trading at discounts in India. This comes as volatile prices have discouraged buying.
Bitcoin bounces back to $69,400 after touching $60,000 earlier
Bitcoin trades near $66,000, consolidating after a rebound from $60,000 as global risk-off sentiment puts pressure on altcoins.
Apple secures victory in long-running 4G patent dispute
Apple has won a major legal battle in the US, defeating Texas-based Optis Wireless in a long-running patent infringement dispute.
Uber India's losses surge to ₹1,512cr in FY25
Uber India Systems Pvt Ltd, the Indian subsidiary of global ride-hailing giant Uber, has reported a massive jump in its losses for the fiscal year ending March 31, 2025.
Fractal Analytics IPO: Shares to list on February 16
Fractal Analytics, co-founded by Srikanth Velamakanni and Pranay Agrawal, is set to list on February 16 with a negative grey market premium (GMP).
Gold prices in India drop $12 per ounce
For the first time in nearly a month, gold began trading at discounts in India due to volatile prices discouraging buyers, while demand remained strong in China.
HDFC Flexi Cap Fund crosses ₹1 lakh crore mark
HDFC Asset Management Company's flagship scheme, HDFC Flexi Cap Fund, has surpassed ₹1 lakh crore in assets under management (AUM), marking a significant milestone.
US to roll back steel, aluminum tariffs: Report
President Trump is reportedly planning to reduce certain tariffs on steel and aluminium imports, according to the Financial Times.
Gold, silver ETFs crash up to 10%: Should you invest?
Gold and silver exchange-traded funds (ETFs) witnessed a massive crash of up to 10% on Friday.
India set to be Asia's fastest-growing major economy in 2026
India is projected to be Asia's fastest-growing major economy in 2026, according to a recent report by Fitch Ratings.
Uber India posts ₹1,512cr loss as rides crash 89%
Uber India's net ride-hailing revenue plummeted 89% in FY25, while losses surged fourfold to Rs 1,407 crore despite flat gross revenue.
Apple's sixth India store opens in Borivali, Mumbai this month
Apple has announced its plan to open a new store in Borivali, Mumbai.
EU probes Google over ad practices, may slap multibillion-dollar fine
The European Commission is conducting a probe into Google's advertising practices on its search engine.
Gold, silver ETFs drop up to 10%: What's the reason
Gold and silver ETFs nosedived up to 10% due to a strong U.S. dollar surge, prompting experts to advise systematic investment plans for managing market volatility.
India, US reach trade deal, suspend Russian oil tariff duty
The US-India Interim Trade Agreement aims to reduce trade barriers, offering reciprocal market access commitments and paving the way for a comprehensive bilateral trade agreement.
Startup plans to hire more AI agents than people
StackBlitz, a developer tools company, plans to hire more artificial intelligence (AI) agents than human employees this year.
Muthoot Finance's stock slides 14% on Friday
Despite reporting a significant surge in Q3 profits, shares of Muthoot Finance fell by approximately 12%, reflecting investor concerns over earnings sustainability.
NSE appoints Rothschild as advisor for upcoming IPO
The National Stock Exchange (NSE) has chosen Rothschild as an independent advisor for its upcoming public listing. The IPO is expected to be filed by end-March or early April.
Apple to open Borivali store on February 26
Apple is set to open its sixth Indian store in Borivali, Mumbai on February 26, 2026. The new store will cater to a growing community of startups and businesses.
Sensex crashes nearly 900 points: What's behind today's decline?
The Indian stock market witnessed a major decline on Friday. At the time of writing, the Sensex was trading at 870 points lower at 82,883, while the Nifty was down 269 points at 25,538.05.
Bitcoin dips to $65,000 mark as US inflation data looms
Bitcoin experienced a 1.5% decline, trading below $70,000 as investors anticipate key U.S. inflation data amidst heightened market volatility.
NSE's unique trading accounts cross 25 crore mark
The National Stock Exchange (NSE) has achieved a major milestone, with the number of unique trading accounts or client codes (UCCs) crossing 25 crore in February 2026.
Indian rupee slips to 90.67 against US dollar
The rupee opened at 90.67 against the dollar, down by 8 paisa, influenced by a stronger US dollar and weaker Asian currencies.
Sensex, Nifty close in red on February 12
The Indian stock market experienced a sharp decline today, with the Sensex falling over 800 points due to heavy selling in IT stocks and global tech weakness.
Intel fined ₹27cr for discriminatory warranty policy in India
The Competition Commission of India (CCI) has slapped a fine of ₹27.38 crore on Intel Corporation for its "discriminatory" warranty policy in India.
AI's potential to disrupt IT business wipes out ₹4.62 lakh crore
Indian stock markets, particularly the Sensex, experienced a significant drop on Friday, leading to an erosion of around Rs 4 lakh crore in investor wealth.
India has over 25,000 active pilots: Government
The Indian government has revealed that the country has a total of 25,001 active pilots. This includes 10,261 ATPL (Airlines Transport License) holders.
Lupin's Q3 profit soars 37%: What's driving the growth
Lupin Ltd. reported a 37.4% YoY increase in its Q3 FY26 net profit to Rs. 1,180.5 crore, largely driven by record US sales and strong performance in emerging markets.
Sensex tanks 772 points as AI fears rattle global markets
Indian benchmark indices Sensex and Nifty are expected to open weak, influenced by subdued global cues. IT stocks are also likely to start negatively due to a massive sell-off.
Anthropic hits $380B valuation after massive $30B funding round
Anthropic has raised a whopping $30 billion in its latest funding round, bringing the company's valuation to $380 billion.
NSE hits 25 crore demat accounts: What's driving this growth
The National Stock Exchange (NSE) has reported over 25 crore investor accounts. Remarkably, the last one crore accounts were added within just two months.
Why Indian government bonds are looking better now
Indian government bonds are set to increase following a debt switch with the central bank, potentially easing borrowing and redemption pressures in the upcoming fiscal year.
Union Budget 2026-27: Young people front and center
The Union Budget 2026-27 and Economic Survey 2025-26 outline a resilient, outward-looking growth plan for Atmanirbhar Bharat, according to economic experts.
Why Wall Street is worried about AI investments
The Nasdaq Composite fell 2% as investors increased their tech and transport stock selloff due to concerns over artificial intelligence disruption.
Coinbase reports $667 million net loss in Q4 2025
Coinbase Global Inc. reported a net loss of $667 million as Q4 revenue fell by over 20% to $1.8 billion, reflecting the impact of the declining cryptocurrency market.
NSDL-CSDL glitch: Sebi to review system upgrades, vendor-level interventions
The recent technical glitch at NSDL that delayed inter-depository settlements is being thoroughly analyzed, according to Tuhin Kanta Pandey, chairman of Sebi.
RBI proposes 6-year Kisan Credit Card loans: Benefits and more
The Reserve Bank of India (RBI) has proposed the use of central bank digital currency (CBDC) for farm credit on Kisan Credit Cards (KCC).
Goldman Sachs's top lawyer quits over Epstein email controversy
Goldman Sachs' chief legal officer, Kathy Ruemmler, is leaving the firm following renewed scrutiny over her past interactions with convicted sex offender Jeffrey Epstein.
Yen soars on election win, hits strongest since November 2024
The Japanese yen is set for its best week in almost 15 months, buoyed by Prime Minister Sanae Takaichi's election victory and renewed investor confidence in Japan's fiscal health.
Asian markets wobble as AI-induced jitters hit Wall Street
Asian stocks fell as worries about the impact of artificial intelligence on various sectors led to a slump in US technology shares, prompting investors to seek safer options.
Unilever's sales growth in 2025 driven by price increases
Unilever has reported a 4.6% rise in annual profits, despite warning of "slower market conditions" for 2026. The company recently spun off its ice cream division.
IT giants hit with ₹5,400cr labor code cost
India's leading firms have experienced a significant ₹12,000 crore blow to their Q3 profits due to recent amendments in labour laws.
Claude AI creator Anthropic raises $30B, hits $380B valuation
Anthropic recently concluded a series G fundraising round, amassing $30 billion and elevating the company's valuation to a staggering $380 billion.
SoftBank-backed PayPay files for US IPO
SoftBank-backed Japanese payments app, PayPay, has publicly filed for a U.S. initial public offering (IPO), moving closer to its highly anticipated stock market debut.
Hermes CEO reveals he turned down Epstein's meeting requests
Hermès CEO, Alex Dumas, has publicly stated that he rejected multiple attempts by the late financier Jeffrey Epstein to establish a relationship.
ONGC's quarterly profit rises despite revenue drop
State-owned explorer Oil and Natural Gas Corp (ONGC) saw a 1.6% year-over-year increase in standalone net profit, despite lower crude price realisations.
Jane Street takes tax probe case to India's Supreme Court
Jane Street, a New York-based trader, has approached the Supreme Court of India for clarity on 'legal privilege' amid an ongoing tax dispute with Indian authorities.
Tech to curb cyber frauds: DoT's Financial Fraud Risk Indicator
The Department of Telecommunications' Financial Fraud Risk Indicator (FRI) has thwarted potential financial losses exceeding ₹1,400 crore since its inception in May 2025.
SoftBank gains $7.4B from India investments, retains $13.7B portfolio
Japanese investment giant, SoftBank, has realized around $7.4 billion from its investments in India so far.
Come back or no hearing, Bombay HC tells Mallya
The Bombay High Court has ruled that fugitive businessman Vijay Mallya cannot challenge his "fugitive economic offender" status from outside India.
India's inflation cools to 2.75% under new CPI base
India's retail inflation for January 2026 has been pegged at a provisional rate of 2.75%, according to the new Consumer Price Index (CPI) series with a base year of 2024.
Centre approves deal to buy 114 Rafale jets for IAF
The Defence Acquisition Council (DAC) has approved a major deal for the Indian Air Force (IAF) to acquire 114 Rafale fighter jets.
Indian GCCs cut 6,000 jobs in 2025 amid global slowdown
Global Capability Centers (GCCs) in India have laid off thousands of employees in 2025.
Why airlines are opposing DGCA's cabin crew fatigue rules
India's leading airlines, IndiGo and Air India, have requested the government to reconsider its proposed fatigue management norms for cabin crew.
IndiGo, Air India urge government to relax crew fatigue rules
India's leading airlines, IndiGo and Air India, have urged the government to reconsider proposed fatigue management rules for cabin crew.
Soon, you can pay via UPI in Malaysia
Indian travelers may soon be able to make payments in Malaysia using their Unified Payments Interface (UPI) apps.
16 hours a day on Instagram isn't addiction: Adam Mosseri
Adam Mosseri, the head of Instagram, has defended his platform against allegations of causing mental health issues in minors.
SoftBank posts $1.6B quarterly profit as OpenAI bet pays off
Japan's SoftBank Group has reported a net profit of 248.6 billion yen ($1.62 billion) for the October-December quarter, its fourth consecutive quarterly profit.
Google offers exit packages to staff not embracing AI
Google has announced a voluntary exit package (VEP) for employees in its global business organization (GBO).
Gold prices fall as US payroll data reduces rate-cut hopes
Gold prices have witnessed a decline after the US non-farm payroll data for January came out stronger than expected.
Adani Power enters nuclear energy with new subsidiary
Adani Power has announced the establishment of a new atomic energy division, Adani Atomic Energy Limited.
US hiring collapses to 181,000 in 2025, down 88% year-on-year
The US economy saw a meager job growth in 2025, with only 181,000 jobs added during the year.
Flipkart plans food delivery to break Zomato-Swiggy duopoly
Walmart-owned e-commerce giant Flipkart is planning to enter the highly competitive online food delivery market.
OpenAI disbands team working on AI safety
OpenAI has disbanded its Mission Alignment team, which was dedicated to ensuring the safety, trustworthiness, and alignment of its artificial intelligence (AI) systems with human values.
IT stocks fall 5% as AI fears rattle Infosys, TCS
Shares of Indian IT companies witnessed a sharp decline on February 12. The fall was in line with their Wall Street counterparts and was triggered by fears of AI-led disruptions.
Lenskart shares jump 10% as Q3 profit surges 6,800%
Lenskart shares have jumped over 10%, trading at around ₹517 per share today.
Why SEBI is launching a dedicated digital portal for SMEs
The Securities and Exchange Board of India (SEBI) is planning to launch a dedicated digital portal for small and medium enterprises (SMEs).
UBS's new GCC in Hyderabad to create 3,000 jobs
Swiss banking giant UBS has opened a new Global Capability Center (GCC) in Hyderabad.
SBI overtakes TCS to become India's 4th-largest company by m-cap
The State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become the fourth-largest Indian company in terms of market capitalization.
From groceries to OTT: How India is reshaping inflation basket
India's Consumer Price Index (CPI) is getting a major update.
How Coca-Cola plans to scale its Indian business in 2026
The Coca-Cola Company, a $330 billion beverage giant, is betting big on the Indian market.
Paramount amends bid to stop Netflix-Warner Bros deal: What's changed?
Paramount has intensified its hostile takeover bid for Warner Bros. Discovery (WBD), in a bid to thwart the latter's impending acquisition by Netflix.
Why Rapido's founders have given up their 'promoter' status?
The three co-founders of ride-hailing platform Rapido: Aravind Sanka, Pavan Guntupalli and Rishikesh S R, have given up their promoter tags.
Amul launches AI app to assist women dairy farmers
Amul, India's leading dairy cooperative, has launched an artificial intelligence (AI) platform called "Sarlaben."
M&M's Q3 results: Net profit jumps 33% YoY to ₹3,931cr
Mahindra and Mahindra (M&M) has reported a 32.6% year-on-year increase in its standalone net profit for the December quarter.
Ford reports $8.2B net loss as EV business bleeds $4.8B
Ford has reported a staggering net loss of $8.2 billion for the year 2025, its worst annual earnings in four years and the largest since the 2008 recession.
Who is Leslie Wexner, billionaire named co-conspirator in Epstein scandal
Leslie Wexner, the founder of L Brands and the man behind Victoria's Secret, has been suggested as a co-conspirator of Jeffrey Epstein in recently unredacted documents.
Gold, silver ETF assets surge 200% since August, cross ₹3T
The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) have hit a new high of over ₹3 lakh crore in January 2026.
Heineken to cut 6,000 jobs amid declining beer demand
Heineken, the world's second-largest brewer by market value, has announced plans to cut up to 6,000 jobs globally.
Airtel's latest AI tool will protect you from OTP-related frauds
Telecom giant Airtel has launched an artificial intelligence (AI)-powered tool to protect its customers from the growing threat of one-time password (OTP)-related bank frauds.
Boston Dynamics CEO steps down after 3 decades at company
Boston Dynamics, the Massachusetts-based robotics company famed for its four-legged robots and humanoids, is witnessing a major leadership transition.
US updates India trade document: Check what has changed
The White House has updated its Fact Sheet on the India-US trade deal, removing "certain pulses" and softening India's $500 billion purchase commitment to an "intention."
IndiGo shares jump as airline complies with pilot duty rules
IndiGo, India's largest airline, has announced its full compliance with the updated Flight Duty Time Limitations (FDTL) regulations.
Nationwide bank strike tomorrow: These services may be impacted
Major bank unions across India have announced a nationwide strike tomorrow i.e. February 12.