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Adroit Industries ₹151cr IPO oversubscribed 332.35 times by non-institutional investors
Adroit Industries' ₹151-crore IPO was subscribed nearly 177 times, while Swastika Infra, Elevate Campuses, and ArMee Infotech also achieved full subscription.
Anmol Industries files ₹1,800 cr IPO selling family trust shares
Anmol Industries, an Indian biscuit maker, has filed for an initial public offering valued at up to 18 billion rupees ($187.87 million), with no new shares being issued.
Rapido brings Ownly to Hyderabad with ₹250 AOV
Rapido's food delivery venture, Ownly, debuts in Hyderabad, leveraging existing logistics to offer a lower-cost model with an average order value of Rs 250.
Rupee gains 15 paise to 95.81 after RBI dollar intervention
The Indian rupee appreciated by 15 paise to close at 95.81 against the US dollar, aided by large public sector banks selling dollars under the Reserve Bank of India's guidance.
India cuts duties on edible oils to curb food prices
The Union Government has reduced the Basic Customs Duty on major imported crude edible oils to moderate domestic prices and provide consumer relief ahead of the festival season.
European STOXX 600 posts best weekly gain amid oil fall
European shares recorded weekly gains as oil prices declined, breaking a three-week slump, despite ongoing geopolitical tensions in the Middle East and rising bond yields.
US and India near finalizing trade deal, 90% complete
A senior US official announced that the US-India trade deal is 90% complete, with only a few issues remaining, signaling a significant advancement in bilateral relations.
NVIDIA CEO Jensen Huang tells NYT unsafe labs must close
Nvidia CEO Jensen Huang suggested shutting down AI labs, including OpenAI, if they can't contain experiments, despite Nvidia's significant investments in the AI ecosystem.
Moneycontrol Startup Conclave 2026 in Bengaluru spotlights startups going global
The Moneycontrol Startup Conclave 2026 in Bengaluru will explore how Indian startups can scale globally, focusing on product, localisation, capital, and market scrutiny.
US Treasury yields hit highest since 2004, 30-year at 5.53%
The US 30-year Treasury yield surged to a multiyear high of 5.53% as consumer sentiment exceeded expectations, creating a market environment with little technical guidance.
Oil falls more than 2% amid US and Iran talks
Oil prices fell over 2% as US-Iran talks in New York explored a phased resolution to their conflict, while concerns about Saudi supply disruptions persisted due to Houthi attacks.
IMF finds AI could boost labor productivity up to 3.8%
Artificial intelligence may boost long-term labor productivity by up to 3.8%, according to an IMF study analyzing patent and employment data across developed economies.
Crusoe cancels $1.25B Boom Supersonic deal for 29 Superpower turbines
Crusoe, a Denver-based AI data center startup, has canceled its $1.25 billion agreement to use Boom Supersonic's turbines for powering its facilities, citing evolving energy needs.
Matt Mullenweg regains control of Automattic board after ouster attempt
Automattic CEO Matt Mullenweg has restructured the company's board following a failed attempt by previous directors to place him on leave.
TikTok to pay Alabama $100 million, adding 2 hour daily limit
TikTok and its parent company, ByteDance, settled with Alabama for at least $100 million over claims of youth addiction, days before a scheduled trial.
CCPA fines Amazon, Flipkart ₹10L each, JioMart ₹5L over Cyclosinone
Amazon, Flipkart, and JioMart were fined by CCPA for selling an unregistered agrochemical product, Cyclosinone Herbicide, violating the Insecticides Act.
DOJ seizes millions from Tether amid alleged Capstone fraud probe
The US Department of Justice has seized millions from Tether Limited's bank accounts and crypto wallets amid allegations of involvement in illegal financial activities.
India to unveil BIT model allowing arbitration after 1 year
India is set to approve a new bilateral investment treaty model, facilitating agreements with countries like Australia and Canada to enhance investor protection.
Reserve Bank of India limits exporters' repatriation to 9 months
The Reserve Bank of India has reversed its decision to allow exporters 15 months for repatriating earnings, now requiring them to bring back proceeds within 9 months.
Joe Lonsdale says AI firms hype risks to influence regulation
Joe Lonsdale, an investor in Anthropic, argues that leading AI companies like OpenAI are using fear to influence public policy and potentially entrench their market dominance.
Nscale raises $3.36 billion in convertible notes ahead of IPO
British AI neocloud company Nscale has secured $3.36 billion in convertible financing, led by Third Point and Nvidia, ahead of its anticipated IPO later this year.
LIC MD Dinesh Pant retires prematurely after 15 months
The central government has approved the premature retirement of Dinesh Pant as the Managing Director of Life Insurance Corporation of India (LIC).
Nationwide bank strike: SBI waives ATM charges for 3 days
The State Bank of India (SBI) has announced a waiver on ATM charges for three days, from September 28 to 30.
Starbucks shuts 250 stores as turnaround continues
Starbucks has announced its decision to close 250 stores across North America.
India's start-up funding rises to $10.3B, but deal count plunges
India's tech start-ups raised $10.3 billion in funding during the first nine months of 2026, according to Tracxn's India Tech 9M 2026 report.
Ola Electric shares fall 9%: What's behind today's decline?
Ola Electric Mobility's shares have witnessed a sharp decline, falling by as much as 9% to ₹38.75 apiece on the NSE.
Blue Origin raises $10B as Bezos's investment hits $32B
Blue Origin, the aerospace venture founded by Jeff Bezos, has raised $10 billion in a funding round that values the SpaceX rival at $140 billion.
Goldman Sachs picks up stake in FirstCry parent company
Global investment bank Goldman Sachs has acquired a significant stake in Brainbees Solutions Ltd, FirstCry's parent company.
No commitment to 5-day workweek made for banks: Indian government
The Indian government has denied any commitment to a five-day workweek for banks.
Nifty IT index falls for 6th consecutive session
The Nifty IT index fell by 0.6% today, extending its losing streak to six consecutive sessions. The index has lost a total of 4% during this period.
Orient Cables IPO opens with 38% GMP: Apply or avoid?
The ₹552-crore initial public offering (IPO) of Orient Cables has opened for subscription today. The bidding will close on September 29.
India records highest-ever annual FDI inflow of $94.5B
India has achieved its highest-ever annual Foreign Direct Investment (FDI) of $94.53 billion in the fiscal year 2025-26.
Vi makes international roaming free on select plans
Vodafone Idea has launched a new service, offering free international roaming to its postpaid, prepaid, and enterprise customers. The initiative is part of the company's brand promise Vi Pe Sab Hain VIP.
UPI charges: Will 18% GST on MDR fee stay?
The Indian government has confirmed that it will not extend the October 15 deadline for implementing Merchant Discount Rate (MDR) on certain Unified Payments Interface (UPI) transactions.
Anthropic seeks shareholder approval to give founders majority voting control
Anthropic, a leading player in the enterprise AI space, is seeking shareholder approval for a new corporate structure.
Meta's Muse AI launch sends shares soaring 36% in September
Meta Platforms Inc., the parent company of Facebook, has seen a massive surge in its stock value, jumping by a whopping 36% in September.
After IRDAI's revamp proposal, Nithin Kamath warns of regulatory risk
Zerodha co-founder and CEO Nithin Kamath has warned that regulatory risk is the biggest threat to any regulated financial business.
Microsoft President Brad Smith to oversee communications
Microsoft has made a major organizational shift by moving its communications group from the marketing department to the Corporate, External, and Legal Affairs (CELA) organization.
Why US Treasury yields crossing 5% is worrying markets
The recent surge in the 10-year US Treasury yield, which recently crossed the 5% mark, has sparked concerns among investors.
US, China reach new trade agreement
The United States and China have reportedly reached a new trade agreement.
Adani to invest over ₹1 lakh crore in West Bengal
The Adani Group has announced an ambitious plan to invest over ₹1 lakh crore in West Bengal by 2035.
Elizabeth Holmes to leave prison for halfway house in 2027
Elizabeth Holmes, the former CEO of Theranos, has been approved for a transfer to a halfway house next year.
Morgan Stanley's email blunder exposes 100+ potential deals
Morgan Stanley is scrambling to contain the fallout from an email blunder that exposed details of over 100 potential investment-banking deals across Asia.
Reliance to raise ₹10,000cr via bonds
Billionaire Mukesh Ambani's Reliance Industries Limited (RIL) is gearing up for its second major fundraising round.
Amazon to invest $3B in India's fast delivery business
Amazon will invest $3 billion in its fast delivery business in India by 2030. The investment will focus on expanding its network of small neighborhood warehouses, improving delivery efficiency.
HSBC to re-enter India's stock broking business after 13 years
HSBC, the London-headquartered banking giant, is making a comeback in India's stock broking business after 13 years.
IRDAI wants insurers to show prices without personal details
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed major changes in the way insurance is distributed. The aim is to make the process more transparent, competitive, and customer-friendly.
No personal info? You can still view insurance product details
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a major change in the way insurance companies display their product information.
OpenAI asks court to dismiss xAI lawsuit over Apple partnership
OpenAI, the company behind ChatGPT, has requested a Texas federal judge to dismiss an antitrust lawsuit filed by Elon Musk's AI start-up, xAI.
Sensex falls over 650 points: Factors behind today's market selloff
The Indian stock market witnessed another downturn on Thursday, with the benchmark indices Sensex and Nifty both witnessing sharp declines.
SoftBank raises $11.1B via bonds to fund OpenAI investment
SoftBank Group has raised $11.1 billion through dollar and euro-denominated bonds. The move comes as part of its strategy to generate cash for further investments in artificial intelligence (AI).
NSE shares list at ₹1,800, just 0.8% above IPO price
The National Stock Exchange (NSE) has made its much-anticipated market debut on the Bombay Stock Exchange (BSE).
Banks to remain open Sunday ahead of 3-day nationwide strike
In a bid to minimize disruption in banking services, the Indian government has announced that all public sector banks and Regional Rural Banks will remain open on Sunday.
US, China extend trade truce until January 10
The United States and China have agreed to extend their trade truce until January 10, US Treasury Secretary Scott Bessent announced.
Trump made stock transactions worth up to $270M in July
US President Donald Trump made over 1,000 stock transactions in July alone, according to an analysis by The Guardian.
LG and Samsung facing tariff evasion probe in India
India is investigating South Korean electronics giants LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts for high-end televisions, as per Reuters.
Banks to remain open on Sunday ahead of proposed strike
In a bid to minimize disruption to banking services, all public sector banks and regional rural banks will remain open on Sunday (September 27).
Why SpiceJet is being probed by DGCA
The Directorate General of Civil Aviation (DGCA) is conducting an operational and financial scrutiny of budget carrier SpiceJet.
Insolvency case: Subhash Chandra moves NCLAT against asset freeze order
Zee Group founder Subhash Chandra has challenged an order by the National Company Law Tribunal (NCLT) that barred him from selling or transferring his assets.
India's private sector activity hits 3-month high in September
India's private sector activity witnessed a significant improvement in September, driven mainly by a stronger manufacturing sector.
Domestic air travel saw a 6% dip in August
India's domestic air traffic witnessed a decline of 6.34% month-on-month in August.
Oil prices below $100-a-barrel again: Here we decode why
Oil prices have dropped below the $100-a-barrel mark, with West Texas Intermediate (WTI) crude trading at $90.10 a barrel and Brent crude at $99.09 today.
India's GDP to grow at 6.9% in FY27: Fitch Ratings
Fitch Ratings has revised its forecast for India's GDP growth in FY27, increasing it from 6.4% to 6.9%.
Microsoft's new round of job cuts is here
Microsoft has initiated a fresh round of layoffs, impacting some 500 employees.
Adani Group firms settle SEBI's Hindenburg-linked probe for ₹1.5cr
Five companies of the Adani Group have settled adjudication proceedings with the Securities and Exchange Board of India (SEBI) for a total of ₹1.51 crore.
Commercial LPG cylinders are now cheaper in these areas
The price of a 19kg commercial LPG cylinder has dropped by ₹200-₹600 in some rural parts of Uttar Pradesh.
Your flights in India might become costlier this festive season
The Indian government has decided not to impose any cap on airfares for the upcoming festive season. However, airlines will be advised to keep the prices reasonable.
Modi government looking for job sectors that might be AI-proof
India's Commerce Ministry is looking into sectors that could withstand the impact of artificial intelligence (AI) on employment.
Gold falls 7% from August peak: Good time to buy?
Gold prices have witnessed a significant decline of 7.11% from their August peak of $4,658 per ounce on August 25.
Will new MDR rules affect salary payments via UPI?
The Indian government's recent clarification on the applicability of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions has left many employers and households wondering.
Maharashtra: Instamart unit, Amazon warehouse lose licenses in FDA crackdown
The Tukaram Mundhe-led Maharashtra Food and Drug Administration (FDA) has suspended the licenses of 10 businesses, including a Swiggy Instamart dark store in Mumbai.
Tesla faces trial over alleged racial discrimination at California factory
Tesla, the electric car company owned by Elon Musk, is facing a major trial in California.
Snapdeal pivots to value fashion as ₹420cr IPO approaches
Snapdeal, once a leading horizontal e-commerce marketplace in India, is gearing up for its public debut with a new strategy.
AMD crosses $1T market cap for first time
Advanced Micro Devices (AMD) has hit a major milestone by crossing a market capitalization of $1 trillion for the first time.
India's first blue bond launches September 28: What is it?
India's first blue bond will be issued on September 28 by Sagarmala Finance Corporation, the country's first maritime lender.
Mark Zuckerberg's net worth up $25B in a day
Mark Zuckerberg saw his net worth jump by a whopping $25 billion in just one day.
Angel One founder buys Mumbai residential tower for ₹711cr
Dinesh Thakkar, the founder and CMD of Angel One, has agreed to buy an entire residential tower at Embassy Developments' ultra-luxury Embassy Terazza project in Juhu, Mumbai.
India's economy to triple in next decade, says JPMorgan CEO
JPMorgan Chase CEO Jamie Dimon has predicted that India's economy will nearly triple in size over the next decade.
Why Indian refiners may ditch Russian crude imports soon
Indian refiners are considering reducing their imports of Russian crude oil.
Apple stock hits record high on iPhone Duo, Siri AI
Apple's stock price closed at a new record high of $338.98 on Monday, surpassing its previous record close of $338.49.
Paramount settles US lawsuit, clearing path for $110B Warner deal
Paramount Skydance has settled a lawsuit filed by California and 11 other US states over its $110 billion acquisition of Warner Bros Discovery.
Xbox to cut hundreds of jobs this week: Report
Xbox is preparing to lay off hundreds of employees this week, The Information reported.
Sachin Tendulkar-backed Spinny files for ₹3,000cr IPO
Spinny, a used-car marketplace backed by cricket legend Sachin Tendulkar, has filed confidential papers with the Securities and Exchange Board of India(SEBI) for an initial public offering (IPO).
US and China discuss AI, investment as Trump-Xi summit nears
Chinese and US officials have concluded their second day of trade talks in New York.
Jamie Dimon backs Chandrasekaran as Tata governance fight deepens
JPMorgan Chase & Co. CEO Jamie Dimon has expressed his support for Tata Sons Chairman Natarajan Chandrasekaran amid the ongoing governance conflict at one of India's oldest conglomerates.
NSE IPO allotment today: How to check status online
The National Stock Exchange of India (NSE) is set to finalize its initial public offering (IPO) allotment today.
India's core sector growth slips to 4.8% in August
India's core sector growth has slowed down to 4.8% year-on-year in August 2026, a decline from the 5% recorded in July.
ONGC just found gas off Odisha coast
State-owned Oil and Natural Gas Corporation (ONGC) has made a significant gas discovery at its MN-DW18-1-H-D deepwater well in the Mahanadi Offshore Basin, off the Odisha coast.
Bombay HC hearing Volkswagen's $1.4B tax dispute on October 21
The Bombay High Court has ordered a fresh hearing in Volkswagen's $1.4 billion tax dispute with Indian authorities, starting October 21.