Business News
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Bharat Taxi launches in Delhi-NCR: What's new?
Bharat Taxi, a cooperative cab service, is preparing for its official launch in cities like Delhi-NCR. The app aims to compete with established services such as Uber and Ola.
Flipkart names Jane Duke as Chief Ethics & Compliance Officer
Ahead of its IPO, e-commerce giant Flipkart has appointed Jane Duke as the group's Chief Ethics & Compliance Officer, bolstering its governance structures.
India's Budget 2026: What you need to know
India's 2026 budget is set to prioritize strategic sectors and new economy industries, while also addressing governance issues and supporting local priority sectors.
Budget 2026-27: Agriculture leaders push for tech and climate action
Ahead of Budget 2026, agricultural leaders are pushing for increased investments in digital infrastructure and climate-smart practices to boost productivity and job creation.
Gaming industry hopes for a boost in Budget 2026
The gaming and esports industry in India is seeking support and clarity on tax frameworks in the upcoming 2026 budget, following PM Modi's endorsement of the sector.
Infosys faces probe in US over H-1B visa classification practices
Infosys is being investigated by the US Department of Justice (DoJ) for allegedly misclassifying certain employees on H-1B visas in immigration documents.
Fractal Analytics eyes ₹4,900cr IPO after February 2026 Union Budget
Fractal Analytics, backed by TPG Capital, is planning a post-Union Budget launch for its Rs 4,900-crore initial public offering (IPO) in February 2026.
Biocon raises ₹4,150cr to boost growth and go global
Biocon has raised ₹4,150 crore via a Qualified Institutions Placement (QIP) process, issuing over 112 million equity shares.
Paramount appoints new CFO amid Warner Bros. takeover battle
Paramount has announced the appointment of Dennis Cinelli as its new Chief Financial Officer (CFO).
Coca-Cola plans $1B IPO for Indian bottling arm this summer
Coca-Cola is gearing up to launch an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB).
Housecaller brings AI-powered home services to India
Housecaller, an on-demand services startup, has officially launched its AI and IoT-enabled platform in India.
80% of 114 Rafale jets to be made in India
India is looking to acquire 114 Rafale fighter jets for the Indian Air Force (IAF), with a major chunk of them, around 80%, to be manufactured in the country, according to The Economic Times.
HDFC Infinia credit card rewards take a hit—here's what's changing
HDFC Bank is slashing rewards on its premium Infinia credit card, particularly reducing points earned from SmartBuy voucher purchases.
India's space startups are changing defense surveillance
Indian space startups are increasingly targeting defence surveillance, expecting it to become a significant revenue source in the coming years.
Zerodha's Nithin Kamath slams market holiday for Mumbai's municipal elections
Zerodha co-founder Nithin Kamath has voiced strong criticism as Indian stock exchanges remain closed today for Mumbai's municipal elections.
Working at Dell? Brace yourself for major changes in 2026
Dell Technologies has asked its workers to prepare for what it calls the "biggest transformation in company history."
Bitcoin nears $1L: What's fueling the rally?
Bitcoin briefly surpassed $97,000 due to encouraging US inflation data, regulatory optimism, and increased inflows in spot ETFs.
Gold hit an all-time high of $4,648 on January 14, 2026 amid economic uncertainty
Gold continues to trade near peak levels on Comex at $4,603.80, driven by geopolitical tensions and anticipated Fed rate cuts.
Trump imposes 25% tariff on advanced AI chips
The Donald Trump administration in the US has imposed a 25% tariff on advanced artificial intelligence (AI) chips, including NVIDIA's H200 and AMD's MI325X.
Silver prices cool off after record highs
Silver prices fell to $88 an ounce on January 15, down from a record high of $93.70 the previous day, amid geopolitical tensions and sustained industrial demand.
McKinsey asks job applicants to use AI chatbot in interview
Leading consultancy firm McKinsey is now asking job applicants to work with an artificial intelligence (AI) tool as part of its recruitment process.
Bank holidays: Check state-wise closures for Makar Sankranti, Pongal
Today, January 15, several Indian states will witness bank closures due to the celebration of Makar Sankranti and Pongal.
Paramount picks Dennis Cinelli as new CFO during Warner Bros. takeover drama
Paramount Skydance Corp. has named former Uber executive Dennis Cinelli as its new CFO, amid a fierce competition with Netflix for the acquisition of Warner Bros. Discovery Inc.
Infosys faces fresh US probe over alleged visa fraud
Infosys is under investigation by the US Department of Justice for potential misclassification of H-1B visa recipient employees in immigration documents.
India's new crypto KYC rules: What's changing?
Cryptocurrency exchanges in India are implementing stringent Know-Your-Customer (KYC) procedures to comply with local laws and deter illegal activities.
OpenAI snags top talent from Thinking Machines Lab
Mira Murati's startup, Thinking Machines Lab, is experiencing significant changes as two co-founders, including the CTO, depart to rejoin OpenAI.
Wall Street slips as tech and banks weigh down indexes
As investors continue to rotate out of tech shares, smallcap stocks are experiencing a surge, outperforming the S&P 500 for the ninth consecutive session.
Amazon fights back after Italy cuts its antitrust fine
Amazon plans to appeal against an Italian court ruling that reduced its antitrust fine to $876.3 million, maintaining it did not abuse its market position.
The Atlantic sues Google for allegedly monopolizing ad tech
The Atlantic magazine has sued Google, alleging the tech giant of monopolizing the digital advertising market and engaging in deceptive practices.
OpenAI may run out of money in 18 months: Report
Sebastian Mallaby, a senior fellow at the Council on Foreign Relations, predicts that AI company OpenAI could run out of money within the next 18 months.
DMRC and Bharat Taxi team up for easier metro commutes
The Delhi Metro Rail Corporation (DMRC) has signed an MoU with Bharat Taxi to enhance last-mile travel services for metro commuters.
EU-India trade deal: Big changes coming for both sides
The European Union (EU) is set to sign a significant free trade agreement with India, intentionally excluding the agricultural sector, later this month.
Bilt's new credit cards reward you for paying rent (and even your mortgage)
Bilt has unveiled its 2.0 credit cards, offering rewards on rent and mortgage payments. The new system introduces Bilt Cash and three card options with varying benefits.
Hong Kong becomes key hub for India's high-value exports
India's high-value exports, including silver jewellery and electronics, are experiencing a significant surge in Hong Kong, underlining its growing importance as a trading hub.
BookMyShow's parent Big Tree Entertainment sees big jump in profits
Big Tree Entertainment's BookMyShow reported a net profit of Rs 192 crore in FY25, driven by strong growth in its ticketing and live events business.
Indian Overseas Bank's profit jumps, business grows strong
Indian Overseas Bank (IOB) reported a 56% YoY increase in its net profit for the third quarter, reaching ₹1,365 crore due to improved performance and asset quality.
Coca-Cola does not plan to sell Costa Coffee anymore
Coca-Cola has reportedly called off its plans to sell the Costa Coffee chain.
India receives $51B FDI in 6 months: What's driving growth?
India has witnessed a massive surge in foreign direct investment (FDI), with $51 billion coming into the country over the past six months.
Modi government makes exports to West Asia, North Africa easier
In a major move to ease trade with West Asia and North Africa (WANA), the Indian government has authorized the India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA) to issue non-preferential certificates of origin.
This workspace solutions provider got SEBI's nod for ₹2,600cr IPO
Executive Centre India, a leading provider of premium flexible workspace solutions, has received the green light from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).
Instagram co-founder Mike Krieger to lead Anthropic's AI incubator
Anthropic, a leading artificial intelligence (AI) company, has appointed Mike Krieger, the co-founder of Instagram, as the co-leader of its Labs incubator.
Unacademy to close offline centers, shift to franchise model
Unacademy, a leading edtech firm backed by Temasek, is planning to shut down its company-operated offline centers and transition to a franchise model.
Infosys Q3 profit dips 2.2% to ₹6,654cr, misses estimates
Infosys has reported a net profit of ₹6,654 crore for the third quarter of FY26—a marginal 2.2% decline from last year and lower than analyst expectations.
Netflix weighs all-cash bid to clinch Warner Bros takeover battle
Netflix is considering a revised bid strategy to acquire Warner Bros. Discovery Inc.'s studios and streaming businesses, according to Bloomberg.
Groww Q3 profit drops 28% YoY to ₹547cr
Billionbrains Garage Ventures, the parent company of online investment platform Groww, has reported a 28% year-on-year decline in net profit for the third quarter of FY26.
TCS, AMD join hands to scale enterprise AI solutions
Tata Consultancy Services (TCS) has announced a strategic partnership with US chipmaker Advanced Micro Devices (AMD).
Vedanta shares hit all-time high today: Here we decode why
Shares of mining giant Vedanta have hit an all-time high, extending their winning streak to the fourth consecutive session.
Silver prices soar past $90/ounce for first time ever
Silver prices have hit a new high, crossing the $90 per ounce mark for the first time in history.
Tech companies cut 245,000 jobs in 2025 amid AI push
The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.
This start-up says it has reinvented a 100-year-old technology
Ammobia, a start-up, is significantly improving the production of ammonia, a key ingredient in fertilizers and other industries.
TCS's workforce shrinks by 30,000 in 2 quarters
Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.
Bharat Coking Coal IPO allotment today: How to check status
The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of Coal India, has been oversubscribed by nearly 147 times.
India's wholesale inflation rises to 8-month high of 0.83%
India's wholesale price inflation has risen to an 8-month high of 0.83% in December, marking an increase from November's contraction of 0.32%.
US eases path for NVIDIA's AI chip sales to China
The US Department of Commerce has eased its stance on artificial intelligence (AI) chip exports to China.
China's trade surplus hits record $1.1 trillion despite US tariffs
China has posted a record trade surplus of $1.189 trillion in 2025, defying the renewed tariff pressures from the US under President Donald Trump.
Meta cuts 1,000+ jobs at metaverse unit amid wearables push
Meta is set to lay off over 1,000 employees from its Reality Labs division. The layoffs will mostly affect teams working on virtual reality products.
Taiwan issues arrest warrant for OnePlus CEO: Here's Why
Authorities in Taiwan have issued an arrest warrant for Pete Lau, the CEO of Chinese smartphone brand OnePlus.
Meta to reward top performers with up to 300% bonuses
Meta, the parent company of Facebook and Instagram, is revamping its employee performance review system.
OYO, Razorpay backer Lightspeed to launch new India-focused fund
Lightspeed India Partners, a prominent early-stage investor in companies like OYO and Razorpay, is gearing up to launch its next fund focused on India and Southeast Asia in 2026.
Why India's basmati rice exports to Iran is down
Civil unrest in Iran is affecting India's basmati rice exports to the country, an industry body has said.
Flipkart-backed Shadowfax to launch ₹1,900cr IPO next week
Shadowfax, a leading logistics services provider backed by Flipkart, is gearing up to launch its initial public offering (IPO) next week.
Alphabet hits $4T valuation after Apple picks Gemini for Siri
Google's parent company, Alphabet, has hit a major financial milestone by hitting a $4 trillion valuation for the first time.
Why India's auto stocks are falling for fifth straight day?
Shares of Indian automakers and auto-parts makers have witnessed a decline, marking the fifth consecutive session of losses.
India's electronics and IT to generate $1T revenue by 2030
India's electronics industry, which generated $125 billion in revenue last year, is expected to grow at a compounded annual growth rate of 32%, according to the Ministry of Electronics and Information Technology (MeitY).
Blinkit drops 10-minute delivery commitment in India
Blinkit, a leading player in the quick commerce space, is set to ditch its "10-minute delivery" branding.
Sensex tumbles over 600 points: What's behind today's market crash
India's benchmark equity indices continued their downward trend on Tuesday.
Why Bloomberg has delayed Indian bonds' inclusion in global index
Bloomberg Index Services has delayed the inclusion of Indian bonds in its Global Aggregate Index.
Fired Rockstar employees denied interim pay by UK tribunal
A UK employment tribunal has rejected a request for interim pay from fired Rockstar Games employees, while they await a full hearing regarding their dismissal.
Who is Dina Powell McCormick, Meta's new President
Meta has announced the appointment of Dina Powell McCormick as its new President and Vice Chairman.
Amagi Media Labs IPO now open: Should you subscribe?
Amagi Media Labs, a Bengaluru-based company specializing in cloud-based broadcast and connected TV technology, has launched its initial public offering (IPO) today.
How Trump's 25% tariff on Iran trade affect India
US President Donald Trump has announced a 25% tariff on all business transactions with Iran's trade partners.