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Foxconn's revenue jumps 26% in November as AI demand booms
Taiwanese electronics producer, Hon Hai Precision Industry Co., reported a 26% revenue rise in November, indicating strong demand for Nvidia Corp. servers during the ongoing AI development boom.
SoftBank's Arm is bringing a chip design school to South Korea
SoftBank's chip unit, Arm Holdings, is planning to set up a chip design school in South Korea, aiming to strengthen the country's semiconductor and AI sectors.
IndiGo shares bounce back after DGCA eases pilot rest rules
InterGlobe Aviation's shares rebounded after the DGCA relaxed some pilot duty regulations, following a significant number of flight cancellations by IndiGo.
IREDA shares take a hit, but company plans big fundraising move
IREDA shares hit a new low, falling over 2% on December 5, marking a seven-day losing streak. The stock has corrected nearly 60% from its all-time high.
Meet Luana Lopes Lara, the youngest self-made female billionaire
Luana Lopes Lara, a former ballerina and co-founder of Kalshi, has become the world's youngest self-made female billionaire at 29.
Air India, Maldivian join hands to boost travel to Maldives
Air India and Maldivian have formed an interline partnership to streamline travel between India and the Maldives, enhancing connectivity across both airlines.
Apple faces leadership shakeup as policy chief departs
Apple has announced a series of major executive changes, including the retirement of its environmental and policy lead, Lisa Jackson.
IndiGo flight cancellations make couple attend their own reception online
A newlywed couple, both software engineers working in Bengaluru, had to attend their own reception virtually due to widespread IndiGo flight cancellations.
IndiGo's market value plunges by ₹25Kcr amid flight cancelations
IndiGo's ongoing flight disruptions and cancellations have led to a Rs 25,000 crore decrease in the market capitalisation of its parent company, InterGlobe Aviation Ltd.
IndiGo shares fall over 3% amid nationwide flight cancellations
InterGlobe Aviation, the parent company of IndiGo, witnessed a decline of over 3% in its shares on Friday.
Chicago Tribune sues Perplexity AI over using its articles
The Chicago Tribune has sued AI search engine Perplexity, alleging copyright infringement and unauthorized use of its content.
Indian tourists can now use UPI in Cambodia
NPCI International Payments Limited (NIPL), the global arm of India's National Payments Corporation (NPCI), has partnered with ACLEDA Bank Plc., Cambodia's first publicly listed commercial bank.
Bitcoin, Ethereum slip; XRP, Solana, BNB see bigger drops
Bitcoin experienced a near 2% decline to trade around $92,000, while Ethereum shows signs of a potential breakout at around $3,200.
Sensex surges as RBI cuts repo rate again
The Indian stock market witnessed a surge with Sensex jumping over 300 points and Nifty 50 crossing the 26,100 mark following a 25 bps repo rate cut by RBI.
Russian banks want in on India's market
Russian lenders Gazprombank and Alfa Bank are reportedly seeking clearance from India's central bank to establish branches in the country.
Moore Threads, China's answer to NVIDIA, surges 500% on debut
Moore Threads Technology Co., a Chinese artificial intelligence (AI) chip maker, has made an explosive stock market debut.
IndiGo cancels all Delhi flights till midnight amid operational crisis
IndiGo cancels all flights from Delhi today due to internal operational challenges, causing its shares to fall by 1 percent.
Sensex, Nifty open higher as RBI policy decision looms
Indian stock market indices Sensex and Nifty exhibited volatile trends on December 5, 2025, ahead of the Reserve Bank of India's monetary policy decision.
Park Hospital IPO is India's 100th mainboard issue of 2025
Park Medi World, the company behind the popular Park Hospital chain in North India, has filed its initial public offering (IPO) with a target of raising ₹920 crore.
Layoffs loom as Meta plans 30% budget cuts for metaverse
Meta Platforms, the tech giant led by Mark Zuckerberg, is planning to slash its budget for metaverse projects by a whopping 30%, according to Bloomberg.
RBI slashes repo rate to 5.25% amid persistent rupee decline
The Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points, bringing it down to 5.25%.
RBI bumps up India's growth forecast for 2025-26
The Reserve Bank of India's Monetary Policy Committee has increased the GDP growth forecast for FY2025-26 to 7.3%, up from the previous estimate of 6.8%.
RBI cuts repo rate: What it means for your FDs
The Reserve Bank of India's recent repo rate cut could lead to lower fixed deposit rates, affecting investors and prompting a review of investment strategies.
US layoffs highest in years as employers cut 1.1M roles
US employers have announced over 1.1 million layoffs this year, the highest since the COVID-19 pandemic in 2020, according to a report by consulting firm Challenger, Gray & Christmas.
IndiGo flight disruptions enter 4th day, 550 flights canceled
India's largest airline, IndiGo, is still reeling from major operational disruptions for the fourth consecutive day.
RBI cuts repo rate to 5.25%—Here's what's up
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.25%, despite a falling rupee and robust GDP growth.
Exato Technologies lists at 90% premium on BSE
Exato Technologies' shares listed at a 90% premium in their market debut on the BSE, following an 881 times subscription in the primary market.
Indian rupee bounces back ahead of key RBI policy update
The Indian rupee showed signs of recovery in early trading, while traders cautiously await a crucial policy decision from the Reserve Bank of India.
Silver cools off after record highs
Silver continues its decline from a historic peak as traders cash in on recent gains, while gold also experiences a slight dip.
RBI's crucial interest rate decision: What to expect
The Indian equity benchmark indices, Nifty50 and BSE Sensex, opened flat today with Nifty50 trading above 26,000 and BSE Sensex around 85,250.
Indian rupee at record low: How it affects your wallet
The Indian rupee has depreciated by over 5% this year, driven by a higher trade deficit, portfolio outflows, and uncertainty over the US trade deal.
Simone Tata, trailblazer behind Lakme and Westside, passes away at 95
Simone Tata, mother of Noel Tata and stepmother to former Tata Group chairman Ratan Tata, passed away at 95. She leaves behind a significant legacy as a business leader in India.
Rupee opens stronger at 89.85 per dollar
The rupee opened at 89.85 against the US dollar, marking a 13 paise increase from the previous day, in anticipation of the Reserve Bank of India's (RBI) monetary policy decision.
Defense shares in focus amid Putin's India visit
Indian defense stocks are in focus today as Russian President Vladimir Putin arrives in India for the 23rd India-Russia Annual Summit.
Park Medi World's ₹920cr IPO is coming up soon
Park Medi World, operator of the Park Hospital chain, has fixed the price band for its ₹920 crore initial public offering (IPO) opening on December 10.
OpenAI and NextDC are building a massive AI data center in Sydney
OpenAI is partnering with Australian firm NextDC Ltd. to build a $4.6 billion computing cluster in Sydney, marking OpenAI's expansion into the Asia-Pacific region.
Delhi HC lets Dr Reddy's export generic diabetes drug (but not in India yet)
Dr Reddy’s Laboratories has celebrated a favourable High Court ruling regarding the drug Semaglutide, amidst a legal dispute with Novo Nordisk.
Moore Threads's IPO: Shares skyrocket 469% on 1st day
Chinese AI chip manufacturer, Moore Threads, saw its shares surge by 500% in early trading following a highly successful IPO. The company is often compared to tech giant Nvidia.
Indians returning from US could face bigger tax bills now
Indians returning from the US may face increased taxes as benefits from the India-US tax treaty potentially diminish.
Encompass Design India IPO opens December 5: Key details
Encompass Design India, trading as ScaleSauce, is launching its Rs 40.21 crore IPO with a price band of Rs 101 to Rs 107 per share. The GMP stands at 0 ahead of opening.
Indian stock market snaps losing streak, Sensex up 158 points
Indian equities ended higher on Thursday, but GIFT Nifty signals a muted start for Friday. Meanwhile, Asian shares trade lower following a subdued Wall Street session.
Indian markets set for upbeat start as RBI decision looms
Indian stock benchmarks are expected to open higher on Friday, amid investor anticipation over the Reserve Bank of India's policy decision.
Asian stocks slip as everyone waits for US inflation news
Asian equities fell in early trading led by Japanese indexes, snapping a three-day gain streak. This follows a lackluster session on Wall Street impacting tech stocks and bonds.
Cohesity bets big on India with $1B investment and new Bengaluru hub
Data security company Cohesity is preparing to invest $1 billion in India over the next five years, focusing on expanding engineering capabilities and support functions.
Why brands are using multi-sensory marketing to woo customers
Brands are increasingly utilizing multi-sensory experiences in their marketing efforts to stand out and create deeper emotional connections with consumers.
Noida man loses ₹12cr in fake stock trading scam
A 50-year-old engineering consultant from Noida lost ₹12 crore to a stock trading scam orchestrated by cyber criminals, according to local police.
Micro1, founded by 24-year-old, hits $100 million ARR
Micro1, a startup aiding AI labs in recruiting and managing human experts for data training, has reportedly exceeded $100 million in annual recurring revenue (ARR).
Versace's creative director Dario Vitale is stepping down
Dario Vitale, Versace's creative director, is leaving the fashion house shortly after its $1.4bn sale to Prada. His departure comes less than nine months into his tenure.
AMD will pay 15% US tax on AI chips sold to China
AMD CEO Lisa Su has confirmed the company's readiness to pay a 15% U.S. tax on MI 308 chip exports to China, following a deal with the Trump administration.
India's 1st 6GW solar ingot-wafer plant is coming to Andhra Pradesh
ReNew Photovoltaics is establishing India's first integrated 6 GW solar photovoltaic ingot and wafer manufacturing plant in Anakapalli, Andhra Pradesh.
India remains key market despite global tariff pressures: Google
Google has reaffirmed its commitment to India, despite the ongoing trade and tariff tensions with the US.
IndiGo shares fall fifth straight day amid widespread flight disruptions
Shares of InterGlobe Aviation, the company that operates IndiGo, fell by 3.4% in early trade on Thursday.
India, Canada to start talks for free trade agreement
India and Canada are gearing up to start negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
EV-maker Ultraviolette secures $45M from Zoho and Ferrari-linked investor
Bengaluru-based electric vehicle (EV) maker Ultraviolette Automotive has raised $45 million in its ongoing Series E funding round.
InMobi founders buy back $250M stake from SoftBank
InMobi's founders have acquired a 25-30% stake from Japanese investor SoftBank. The deal is expected to net SoftBank around $250 million.
70% of Indian professionals now want to work for themselves
A recent LinkedIn report has revealed a major shift in India's professional landscape, with 70% of Indian professionals expressing a desire to work for themselves.
NITI Aayog to unveil roadmap for building quantum-powered Indian economy
NITI Aayog is set to launch its 'Roadmap for Transforming India into a leading Quantum Powered Economy' today at the International Institute of Information Technology (IIIT-Hyderabad) campus in Gachibowli.
MrBeast's CEO hints at IPO, wants fans to be 'owners'
MrBeast, the YouTube sensation with a whopping 450 million subscribers, could be heading for an Initial Public Offering (IPO).
NephroPlus IPO: India's 99th mainboard issue of 2025 opens soon
Nephrocare Health Services, the company behind the NephroPlus brand, will launch its initial public offering (IPO) on December 10.
Indian rupee in freefall, hits new all-time low of ₹90.43/dollar
The Indian rupee hit another record low on December 4, opening at ₹90.43 against the US dollar. The fall extends a sharp depreciation streak after the currency crossed the key ₹90 level a day earlier.
Meta hires Apple design chief to lead new creative studio
Alan Dye, Apple's top design executive and head of its user interface team since 2015, is leaving the tech giant to join Meta.
Pine Labs posts ₹6cr profit in Q2, revenue surges 18%
Pine Labs, a leading digital payments processor, has reported a net profit of ₹5.97 crore for the July-September quarter of FY26.
Why IndiGo needs 2 days to restore normal flight operations
IndiGo, India's leading airline, has announced that it will take the next 48 hours to restore its flight operations.
You can now ride Uber's robotaxis in Dallas
Uber has launched a commercial robotaxi service in Dallas, Texas.
Blinkit now lets you add items after placing an order
Blinkit, a leading quick commerce platform, has launched a new feature that allows customers to add more items to their cart even after placing an order.
Manipal Hospitals wants to raise $1B via IPO in India
Manipal Health Enterprises is gearing up to file a $1 billion initial public offering (IPO) in January.
Why Airbus will deliver fewer jets this year
Airbus has revised its 2025 aircraft delivery target downwards, owing to production issues with its popular A320 jet.
Aequs IPO fully subscribed in hours, GMP surges to 37%
The ₹922 crore initial public offering (IPO) of Aequs, a leading manufacturer of airplane parts, has been fully subscribed within two hours of its opening on Day 1.
These defense stocks are in focus as Putin visits India
As Russian President Vladimir Putin prepares for his two-day state visit to India tomorrow, defense stocks in the country are set to come under investor focus.
Reliance Retail appoints ex-Flipkart executive as its new CEO
Reliance Industries has appointed Jeyandran Venugopal, a former Flipkart executive, as the President and Chief Executive Officer of Reliance Retail Ventures Ltd (RRVL).
Why San Francisco has sued US processed food giants
In a landmark move, San Francisco has become the first city in the US to sue food manufacturers over ultra-processed foods (UPFs).
India's services growth surges but export orders hit 8-month low
India's services sector witnessed an acceleration in November, according to the latest HSBC India Services Purchasing Managers's Index (PMI) survey.
Ola suspends food‑delivery operations amid strategic shift
Ola, the popular ride-hailing company, has suspended its food delivery service, Ola Foods.
Government bank stocks crash 6% today: What's the reason?
Shares of public sector banks (PSBs) have witnessed a sharp decline today.
Prada buys Versace for $1.5B
Italian luxury fashion house Prada has acquired its smaller rival, Versace, from Capri Holdings in a deal worth $1.5 billion.
Indian rupee hits record low, crosses ₹90/dollar for first time
The Indian rupee has hit a new low, breaching the ₹90 mark against the US dollar for the first time in history.
Meesho IPO opens with 44% GMP: Should you subscribe?
Meesho, a leading Indian e-commerce platform, has launched its initial public offering (IPO) today. The public issue will remain open till December 5.
China's services growth hits 5-month low, signaling weakening economy
China's services sector has witnessed its slowest growth in five months, according to a private survey released on Wednesday.
OpenAI rival Anthropic may launch IPO next year
Anthropic, the artificial intelligence (AI) start-up backed by Google and Amazon, is preparing for an initial public offering (IPO) as early as 2026.
Bharat Taxi goes live to take on Ola, Uber
Sahkar Taxi Cooperative has begun a soft launch of its ride-hailing service, Bharat Taxi, in Delhi and parts of Gujarat.
No plans to raise FDI limit in government banks
The Indian government has no plans to increase the Foreign Direct Investment (FDI) limit in public sector banks from the current cap of 20%.
Ola now allows non-AC rides on its cabs in India
Ola Consumer has launched a new non-AC ride category across India, making it the first company in the country to do so on a large scale.
Aman Gupta's ₹12L investment in snack brand now worth ₹40cr!
Aman Gupta, the co-founder of Boat and a judge on Shark Tank India, has revealed that his investment in snack brand Let's Try is the "best in the history" of the show.
Shocker! Start-up co-founder arrested at 1am after client's 'frivolous complaint'
Delhi-based warehousing start-up Wherehouse's co-founder Vaibhav Chawla was arrested, following what he described as a "frivolous complaint" by a client.
Deepinder Goyal's wearable firm Temple plans to raise $50M
Temple, a wearable device firm founded by Deepinder Goyal, is in advanced talks to raise $50 million (around ₹450 crore).
Flying from Delhi or Mumbai? Get ready to pay more
Travelers flying from Delhi and Mumbai may soon have to pay more for their flights.
Will silver prices hit ₹2 lakh per kg this year?
The prices of gold and silver in India have witnessed a remarkable surge this year.
Why fast-fashion giants Shein, Temu are facing scrutiny in US
Fast-fashion giants Shein and Temu are under increased scrutiny in the US.
Anchor investors bid ₹80,000cr for Meesho IPO
Meesho, a leading e-commerce platform, has witnessed an unprecedented response from global and domestic investors for its upcoming IPO.
Ashok Leyland stocks hit 52-week high today: What's the reason?
Ashok Leyland's shares have hit a 52-week high today, extending a two-day rally that has surprised the market.
Merger of Star TV Productions with Jiostar in India complete
Reliance Industries has announced the successful merger of its subsidiary, Star Television Productions Ltd (STPL), with Jiostar, formerly known as Star India.
EaseMyTrip shares surge 20% after launching winter travel deals
Shares of EaseMyTrip surged nearly 20% today on the NSE after the company launched its "Winter Carnival Sale."
Why Costco is suing the Trump administration
Costco has filed a lawsuit against the Trump administration, seeking a full refund of the tariffs it paid this year.
Who is Amar Subramanya tasked with fixing Apple's AI problems?
Apple has announced a major leadership change in its artificial intelligence (AI) division.
Swiggy plans ₹10,000cr share sale next week
Indian food delivery giant Swiggy is gearing up to raise as much as ₹10,000 crore (approximately $1.1 billion) from institutional investors.
Why Starbucks will pay $35M to over 15,000 NYC workers
Starbucks has agreed to pay some $35 million to settle claims from over 15,000 New York City workers.
Mumbai-based Powerica wants to raise ₹1,400cr via IPO
Mumbai-based Powerica has secured the final approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Bajaj Housing Finance stocks crash 9%: Here we decode why
Bajaj Housing Finance's shares have taken a major hit, falling over 9% to ₹95.26 per stock in today's trading session.
Vodafone Idea shares jump 4% today: What's the reason?
Vodafone Idea's shares jumped almost 4% in intraday trading today, amid expectations of relief on adjusted gross revenue (AGR) dues.
How Chinese rare-earth dealers are bypassing Beijing's export restrictions
Chinese manufacturers of rare-earth magnets are finding ways to circumvent their government's stringent export restrictions.
Indian rupee hits record low of 89.92 against US dollar
The Indian rupee has hit a record low of 89.92 against the US dollar today. The currency fell past its previous record low of 89.78, which it hit on Monday.
NVIDIA invests $2B in Synopsys, deepens hold on chip‑design tech
NVIDIA has announced a massive $2 billion investment in Synopsys, a company specializing in software and components for semiconductor chip design.
OpenAI invests in Thrive Holdings in latest circular deal
OpenAI has taken an ownership stake in Thrive Holdings, whose parent company is Thrive Capital, a major investor in OpenAI.