Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Accenture stock surges 20% to $220 after Q4 beats expectations
Accenture's shares soared 20% in pre-market trading after the company reported better-than-expected fourth-quarter earnings and a positive outlook for fiscal year 2027.
Feasibility study completed for India-Saudi 2,100-km $9bn undersea power cable
India and Saudi Arabia's undersea power link is estimated at $9 billion, with discussions set for October 5 to explore cost-reduction strategies.
Accenture revenue outlook lifts Infosys AD₹8% and Wipro 3%
Infosys and Wipro ADRs surged in US premarket trading, with Infosys up 8% and Wipro 3%, following Accenture's stronger-than-expected annual revenue growth forecast.
Coforge expanding Krakow engineering center to over 660 by 2027
Coforge plans to increase its Kraków engineering centre workforce to over 660 by 2027, driven by growing demand for AI, cloud, and modernisation services in Europe.
Bitcoin up 40% amid ETF investments, CertiK says $1.26B lost
Crypto suffered $1.26 billion in hacks during Q3 2026, even as Bitcoin surged 40%, highlighting ongoing security challenges despite a bullish market.
Accenture posts $18.68 billion revenue and raises profit margin outlook
Accenture reported a Q4 revenue of $18.68 billion, surpassing its guidance and raising its margin outlook for the fiscal year. Shares rose 7% in premarket trading.
KFin Technologies and APMI launch InPro to combat money laundering
KFin Technologies and APMI have introduced InPro, a centralized AML compliance platform for portfolio managers to screen and manage alerts efficiently.
Armadin raises $255.5 million Series B and tops $2.5B valuation
Armadin, an AI-driven cybersecurity firm, has raised $255.5 million in a Series B round, boosting its valuation to over $2.5 billion with backing from top investors.
Kuehne+Nagel opens Chennai tech center to build smarter freight tools
Kuehne+Nagel has inaugurated a new tech centre in Chennai, enhancing its global engineering capabilities and focusing on developing digital logistics solutions with local talent.
Gland Pharma to invest $21 million for 60% Novelstar Pharma stake
Gland Pharma's board has approved a $21 million investment in its US subsidiary to acquire a 60% stake in Novelstar Pharma, aiming to expand its business in the US market.
Amazon and Flipkart pull unapproved cameras in India after Reuters
Amazon and Walmart's Flipkart are scrutinizing security camera listings in India after discovering hundreds of unlicensed products violating government testing rules.
Nifty suffers longest losing streak in 25 years
India's benchmark index, the Nifty50, is on its longest losing streak in 25 years.
Bitcoin ranges $82,000 to $85,000 as Bitcoin ETFs outflow $148.7 million
Bitcoin remains between $82,000 and $85,000, continuing over a week of sideways price action despite brief spikes above $85,000 due to weaker-than-expected U.S. inflation data.
Eurozone manufacturing hits 52.9, best month in over 4 years
Eurozone manufacturing growth reached a four-year high in September, driven by robust demand for capital goods and rising export orders.
Asha Sharma says Xbox is not for sale, Microsoft confirms
Xbox CEO Asha Sharma has confirmed that Microsoft will not sell its gaming division, despite recent layoffs and restructuring efforts within the company.
California bans AI from making layoff decisions
California has passed a groundbreaking law, the 'No Robo Bosses Act,' that prohibits employers from using artificial intelligence (AI) as the sole basis for firing or disciplining employees.
Reliance Jio becomes techco, aims to sell 5G AI cloud
Jio is transforming from a telecom giant into a global technology leader by developing its own tech stack, focusing on 5G, AI, cloud infrastructure, and enterprise software.
Indian rupee hits 2-month low at 96.3150 against US dollar
The Indian rupee fell to a two-month low of 96.31 per dollar as surging global bond yields and rising oil prices exerted pressure on the currency.
Indian startups raise $2.9B in Q3 2026 as Bengaluru leads
Indian startups secured $2.9 billion in Q3 2026, driven by significant investments in electric vehicles and artificial intelligence sectors despite a decline from earlier quarters.
Broadcom to back Anthropic with up to $42 billion financing
Broadcom has agreed to lend Anthropic up to $42 billion, facilitating infrastructure spending and making Anthropic its largest compute customer by 2027, according to an IPO filing.
Citigroup raises bitcoin to $113,000, ether to $3,028 amid ETFs
Citigroup increased its 12-month bitcoin forecast to $113,000, citing resumed ETF inflows and favorable economic conditions as key drivers for the optimistic outlook.
India approves GEC-III, ₹1.86L/cr to transmit 135GW by 2032-33
The Union Cabinet's approval of the Rs 1.86 lakh crore GEC-III scheme aims to enhance transmission systems and battery storage, unlocking renewable sector growth.
AI outflows hit Taiwan South Korea as investors eye India
Investor enthusiasm for AI is waning in Taiwan and South Korea, but India isn't benefiting from the shift as foreign money continues to exit its markets.
RBI uses dollar-rupee swaps to reduce Indian firms' dollar costs
The Reserve Bank of India's forex swaps have made cross-currency funding more economical for Indian companies, enabling them to access dollar funding at a reduced cost.
Walmart Global Tech, IIM Kozhikode launch Deep Leap in India
Walmart Global Tech has collaborated with IIM Kozhikode to launch Deep Leap, a DeepTech incubation programme aimed at nurturing high-potential technology ventures in India.
India's IPO market raises ₹94,205cr, up 35% in H1 FY27
Indian mainboard IPOs raised a record Rs 94,205 crore in H1 FY27, with average listing gains doubling to 19% from the previous year.
Gold and silver rise as India heads into festive season
Gold and silver prices rose in domestic futures trade as markets assessed US interest rates, with upcoming Indian festivals and weddings expected to boost physical demand.
AI demand keeps Asia manufacturing strong through 3rd quarter 2026
The artificial-intelligence surge is driving factory activity expansion in Asia, countering cost pressures and supply disruptions from geopolitical tensions.
Indian AI startups struggle amid rising compute and hardware costs
Indian consumer AI startups face high computing costs and value-conscious users, making scaling and monetization difficult, according to Lightspeed India's partner Harsha Kumar.
CScale raises $145 million from NVIDIA, Intel for AI data centers
CScale, a Silicon Valley startup, has raised $145 million in venture capital to develop fibre-optic connections for AI data centers, with backing from Nvidia and Intel.
Narayana Murthy tells Haryana university students to pursue ethical leadership
Infosys founder N.R. Narayana Murthy believes that ideas and enterprise are crucial for job creation and transforming India into a developed nation.
India Mobile Congress 2026 in New Delhi features 500+ startups
The India Mobile Congress 2026 will spotlight DeepTech within its ASPIRE startup programme, aiming to help startups transition from prototypes to market-ready solutions.
Airtel Money set for $7 billion London Stock Exchange listing
Airtel Money, the mobile payments arm of Airtel Africa, has set its London IPO price at £1.96 per share, targeting a market valuation of approximately $7 billion.
Inox Air Products files up to ₹10,000cr IPO with SEBI
Inox Air Products has filed a draft red herring prospectus with SEBI for an IPO, aiming to raise ₹10,000 crore through an offer for sale by its promoter group.
Euro falls to $1.1299 amid inflation and political uncertainty
The euro has fallen to its lowest level in 17 months against the dollar, driven by rising inflation and political uncertainties across Europe.
UPI crosses 800M daily transactions for first time
India's Unified Payments Interface (UPI) has hit a major milestone, processing 24.07 billion transactions worth ₹29.37 lakh crore in September.
Axis Bank to double data center lending within 3 years
Axis Bank plans to double its data center loan exposure over the next three years, driven by India's growing investment in digital infrastructure amid an AI boom.
Niyo FY26 revenue up 78% to ₹178cr, loss ₹33cr
Niyo's income soared 78% to Rs 178 crore in FY26, while the company significantly reduced its losses by 58% through enhanced efficiency and strategic expansion.
Global bond market jitters push UK 30-year yield to 6%
UK long-term borrowing costs hit a 28-year high as global bond markets face turmoil, driven by fears of unsustainable US deficits and persistent inflation pressures.
Tata Trusts vice chairmen oppose Noel Tata's restructuring plan
Noel Tata is facing opposition from key members of Tata Trusts over a restructuring plan, as trustees challenge his leadership and governance decisions.
Paramount names Ynon Kreiz co-CEO ahead of Warner merger
Paramount has announced the appointment of Ynon Kreiz as its new co-CEO, ahead of the completion of its $110 billion merger with Warner Bros. Discovery.
PFRDA seeks NPS funds for long-gestation infrastructure within 2 years
The Pension Fund Regulatory and Development Authority plans to enable direct National Pension System investments in large infrastructure projects within two years.
India's Nifty50 posts 8th straight loss, longest in 25 years
India’s Nifty50 index has plunged over 2,000 points in an eight-week losing streak, its longest in 25 years, amid foreign outflows and geopolitical tensions.
Sensex down 900 points as foreign investors sell ₹20,000 cr+
The Sensex plummeted over 900 points, erasing Rs 9 lakh crore in market capitalisation as foreign investors sold Indian stocks due to rising US bond yields and a weakening rupee.
India limits sugar dealer holdings to curb festive season hoarding
India has reduced the sugar stock holding period for dealers to 15 days, effective October 15, to prevent hoarding and ensure smooth supply during the festive season.
Infosys shares rise to ₹1,001.20 after ABN AMRO renewal
Infosys shares rose 0.71% to ₹1,001.20 on Thursday, recovering from a 52-week low after announcing an extended collaboration with ABN AMRO Bank.
Young Indians diversify portfolios with cryptocurrencies and overseas stocks
Indian investors are increasingly exploring crypto and overseas stocks, reflecting a shift from traditional assets towards a more globally diversified portfolio strategy.
Bajaj Auto stock slides 6.52% after 12% domestic sales drop
Bajaj Auto shares dropped 6.52% to ₹10,165 after reporting a 12% decline in domestic two-wheeler sales for September 2026, despite strong export performance.
Venu Srinivasan and Vijay Singh question SDTT restructuring approval
Two senior trustees of the Sir Dorabji Tata Trust have raised concerns over the lack of consultation in supporting a restructuring proposal for Tata Sons.
US Treasury yields jump, 10-year at 5.31% and 30-year 5.65%
US Treasury yields reached multi-year highs, with the 10-year yield hitting 5.31%, its highest since 2007, amid persistent inflation and shifting Federal Reserve expectations.
Report: Accel preparing Cult.fit IPO and bolstering AI deep tech
Accel is gearing up for Cult.fit's IPO while focusing on AI, deep tech, and defense tech investments, according to partner Subrata Mitra.
HDFC Mutual Fund launches FTSE India Equity ETF ₹500 minimum
HDFC Mutual Fund has introduced a new ETF tracking the FTSE India Equity Index, offering investors exposure to a broad range of Indian equities.
India's manufacturing sector rebounds in September
India's manufacturing sector witnessed a growth spurt in September, ending a three-month-long slowdown.
Canara Bank estimates around ₹450cr from proposed UPI MDR framework
Canara Bank's CEO, Brajesh Kumar Singh, anticipates earning approximately ₹450 crore from the proposed MDR framework as UPI transaction volumes continue to rise.
South Korea exports reach record $814.5 billion in 9 months
South Korea's exports soared to a record $120.9 billion in September 2026, driven by surging semiconductor demand amid the global AI boom.
AI voice start-up ElevenLabs hits $22B valuation
AI voice start-up ElevenLabs has announced a major milestone in its growth journey. The company is letting employees cash out a part of their vested equity at a whopping $22 billion valuation.
Who is Anup Saha, Kotak Bank's new MD and CEO?
Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its new Managing Director and Chief Executive Officer (CEO).
BS Sponge Ltd 1,000cr IPO will repay 650cr of debt
BS Sponge Ltd has filed draft papers with SEBI to raise ₹1,000 crore through an IPO, including a fresh issue of ₹800 crore and an OFS of ₹200 crore.
Sterlite Technologies shares climb after $1.2 billion hyperscale order
Sterlite Technologies shares surged nearly 5% after securing a $1.2 billion order from a hyperscale partner, boosting investor confidence and driving bullish market sentiment.
Banks flush with $133bn diaspora inflow, RBI drains over ₹1tn
A record $133 billion inflow from the Indian diaspora has led to excess liquidity, prompting the Reserve Bank of India to adopt a more hawkish monetary policy stance.
Wipro's Kang says AI can help workers reach higher-paying roles
Wipro's Jasjit Kang suggests that noticeable productivity gains from AI integration, which could influence salaries, may take another 12 months to materialize.
US stocks rise as softer inflation cools Fed hike fears
US stocks have witnessed a surge, reversing the September decline in the S&P 500 index.
Bitcoin steadies above $84,000 as whales buy and inflation eases
Bitcoin remains supported above $84,000 due to significant whale accumulation, despite mixed market momentum and moderated institutional demand.
India's GST ₹2,03,521cr in September up 14.7%, refunds down 3%
India's Gross GST collection for September increased by 14.7% year-on-year, reaching Rs 2.04 lakh crore, as per official data released on Thursday.
India GST collections reach ₹2.04L/cr in September 2026, up 14.7%
India's gross GST revenue surged by 14.7% year-on-year to Rs 2,03,521 crore in September 2026, driven by robust collections from both domestic transactions and imports.
Piyush Goyal invites Rockwell Automation to ramp up India operations
Commerce Minister Piyush Goyal invited Rockwell Automation to expand its operations in India during a meeting with CEO Blake Moret in Milwaukee.
India's Finance Ministry warns oil surge could raise consumer prices
Crude oil prices jumped 28.66% in September, raising India's import costs and inflationary pressures, as flagged by the Finance Ministry in its economic review.
Bank of Japan considers faster hikes as inflation persists
Bank of Japan policymakers are contemplating faster interest rate hikes as persistent inflationary pressures threaten to exceed the central bank's 2% target.
HDFC Bank shares gain over 1% as Srivatsan named CCO
HDFC Bank shares increased by over 1% following the announcement of V N Srivatsan as the new Chief Compliance Officer and the departure of Sudhir Kumar Jha.
UPI records 802 million daily transactions worth ₹97,913cr in September
UPI daily transactions surpassed 800 million for the first time in September, driven by increased transaction values and the onset of the festive season.
Indian refiners charter tankers to import discounted Iraqi crude
Indian oil refiners are now hiring tankers to navigate the Strait of Hormuz, aiming to cut costs and secure supply chains amid changing geopolitical dynamics.
Kotak Mahindra shares rise 4% after Anup Kumar Saha appointment
Kotak Mahindra Bank shares rose over 4% after appointing Anup Kumar Saha as the new MD and CEO, with experts analyzing potential for further stock rally.
UPI handled 24.07 billion transactions worth 29.37L/cr in September 2026
UPI processed 24.07 billion transactions in September 2026, despite a 1.8% month-on-month decline from August's record high of 24.51 billion transactions.
India's manufacturing ends 3-month slump as HSBC PMI hits 55.1
India's manufacturing sector surged in September, with the PMI rising to 55.1, driven by robust demand and increased new orders across key industries.
Shah Investor's Home IPO subscribed 38.12 times, allotment set today
The allotment for Shah Investor’s Home IPO, which saw a subscription of over 38 times, is set to be finalized today. The shares are expected to list at a premium.
India struggles to attract foreign investment, India Monthly Economic Review
India is struggling to attract capital as global investment shifts towards AI and manufacturing, with geopolitical uncertainties adding pressure on Indian assets and currency.
Analysis and experts warn grocery costs could rise in 2027
Extreme weather linked to climate change is causing significant price increases in essential grocery items worldwide, with analysts predicting continued inflation through 2027.
BOJ meeting summary weakens yen to 158.21 per US dollar
The yen fell 0.5% against the dollar after the Bank of Japan's September meeting summary disappointed investors, dampening expectations for consecutive rate hikes.
Jio's 10th anniversary bundle offers JioBharat 4G ₹1,499 effectively ₹299
Jio marks its 10th anniversary with a special offer, providing affordable 4G-enabled JioBharat phones and six months of complimentary connectivity benefits for feature phone users.
NSE 500 suffers as 350 stocks slide over 2 months
The NSE 500 index has experienced a severe downturn, with 350 stocks plummeting between 18% and 64% over two months due to economic pressures and foreign selling.
NSE gets SEBI nod for corporate bond index futures
India's National Stock Exchange has received approval from SEBI to launch futures contracts linked to a corporate bond index, pending Reserve Bank of India's final consent.
Goldman Sachs now expects US interest rate hike in December
Goldman Sachs has delayed its forecast for the next US interest rate hike to December, following lower-than-expected inflation data for August.
Moneyview shares jump 64% on debut after over 1,000cr IPO
Shares of Moneyview debuted strongly on Dalal Street, listing at a 64% premium over the IPO price, opening at Rs 55.61 on the BSE against an issue price of Rs 34.
A-One Steels lists up to 14% above ₹405 IPO price
A-One Steels shares debuted strongly, listing at a 14% premium over the IPO price on the BSE, following a highly subscribed Rs 405 crore IPO.
Nifty 500 faces broad correction with most stocks deeply lower
Half of the Nifty 500 stocks have declined over 30% from their peak levels, with foreign selling pressures and valuation resets impacting both large-cap and smaller stocks.
Noel and Neville Tata file caveats over Tata Trusts governance
Noel Tata and his son Neville have filed multiple caveats with the Maharashtra charity commissioner to ensure their involvement in ongoing management disputes within Tata Trusts.
Bank of Japan survey finds manufacturers optimistic, rate rise possible
Confidence among Japan’s large manufacturers reached an eight-year high, with the sentiment index rising to 24 in September, according to the Bank of Japan’s Tankan survey.
Bitcoin spikes to $85,500, slides as Treasury yields cap gains
Bitcoin briefly surged to $85,500 following a softer-than-expected U.S. inflation report but retreated as persistently high Treasury yields dampened the rally.
Paramount Skydance secures $52B debt to acquire Warner Bros. Discovery
Paramount Skydance Corp. completed a $52 billion debt syndication to fund its acquisition of Warner Bros. Discovery Inc., securing long-term financing at significant cost.
Kotak Mahindra Bank names Anup Kumar Saha MD and CEO
Anup Kumar Saha will become the Managing Director and CEO of Kotak Mahindra Bank for a three-year term starting January 1, 2027, succeeding Ashok Vaswani.
Mumbai-based Anarock files ₹1,000cr IPO DRHP with SEBI for tech
Anarock Property Consultants has filed its draft red herring prospectus with SEBI to raise up to Rs 1,000 crore through an IPO, including a fresh issue and offer-for-sale.
Noel vs Srinivasan: What's happening at Tata Trusts?
Noel Tata, the chairman of Tata Trusts, and his son Neville have filed multiple caveats with the Maharashtra charity commissioner.
Moneyview lists at 62% premium: Should you hold or sell?
Moneyview, a prominent player in the financial technology sector, has made its debut on the National Stock Exchange(NSE) with a bang.
Gautam Adani overtakes Mukesh Ambani to become India's richest
Gautam Adani has reclaimed the title of India's richest person, according to Forbes' 2026 list.
Commercial LPG cylinders get costlier by up to ₹71.5
The price of the 19kg commercial LPG cylinder has been hiked from today. The increase varies across cities, with Delhi seeing a hike of ₹62.50, taking the total cost to ₹2,810.
Gautam Adani becomes India's richest person for 2026 with $112.7B
Gautam Adani has reclaimed the top position among India's wealthiest, with a fortune of $112.7 billion, while Mukesh Ambani's net worth fell to $86.3 billion, placing him second.
Piyush Goyal meets US Trade Representative at Milwaukee G20 meeting
Commerce Minister Piyush Goyal met with US Trade Representative Jamieson Greer in Milwaukee during the G20 Trade Ministerial to advance discussions on a bilateral trade agreement.
Commercial 19-kg LPG cylinder prices rise nationwide before festive season
Commercial LPG cylinder prices have increased by up to Rs 71.50 across various cities, while domestic LPG rates remain unchanged as of October 1.
SEBI orders refunds after Growpital collected ₹192.88cr through unregistered channels
For the first time, Sebi will directly refund ₹192.88 crore to over 5,000 investors affected by Growpital's unregistered scheme, with interest from January 2024.
Oct 15 UPI merchant payments above ₹2,000 face 0.4% fee
As India's new UPI merchant transaction fee begins on October 15, the consumer affairs department is enhancing its helpline to manage complaints and ensure consumer protection.
Indian companies file 55 DRHPs with SEBI in September 2025
In September 2025, over 50 companies submitted Draft Red Herring Prospectuses to Sebi, driven by a regulatory deadline for using audited annual results.
Appeals court dismisses President Donald Trump's $10 billion IRS lawsuit
A federal appeals court upheld a ruling dismissing President Donald Trump's lawsuit against the IRS as collusive, maintaining sanctions on two of his attorneys.
Flipkart considers ESOP allowing 20% to 25% vested stock sales
Flipkart is considering a new employee stock option programme to address staff concerns over delayed IPO plans and recent senior-level departures.
Report: AI-assisted cheating up 50% with 45% of assessments flagged
Cheating in recruitment assessments has surged to 45%, driven by AI-assisted methods and deepfakes, compelling employers to innovate detection and verification strategies.
Vijay Singh seeks probe into SDTT's role in Tata Sons
Vijay Singh, vice chairman of Tata Trusts, has requested an inquiry into the Sir Dorabji Tata Trust's involvement in Tata Sons' affairs, citing governance and tax implications.
Indian Bank considering absorbing acquiring-bank MDR on UPI above ₹2,000
Indian Bank is exploring the possibility of waiving acquiring bank charges on the proposed 0.4% Merchant Discount Rate for Person-to-Merchant UPI transactions starting October 15.
Trump hosts White House AI summit aiming to outpace China
President Trump convened tech leaders worth over $1.8 trillion to discuss AI's future, featuring Elon Musk and Jeff Bezos among other industry giants.
Mattel CEO Ynon Kreiz to co-lead Paramount Skydance after $110B
Mattel's CEO Ynon Kreiz will step down to become co-CEO at Paramount Skydance, following its $110 billion Warner Bros deal, amid investor pressure and tariff-related challenges.
Sweeney's 'Euphoria' ads push Novig to $2 billion valuation
Sydney Sweeney's provocative ads have propelled sports prediction platform Novig to a $2 billion valuation, quadrupling its worth by targeting young male audiences.
Micron stock surges while earnings beat expectations on AI demand
Micron Technology's stock has surged 275% this year, with earnings surpassing Wall Street estimates as AI demand drives a $60 billion-$63 billion revenue outlook.
RBI net shorts jump to $200 billion as rupee weakens
The Reserve Bank of India's net short forward positions surged to $200 billion in August, up from $136 billion in July, amid ongoing market adjustments and currency pressures.
India's TRAI seeks stricter 5G slicing rules, operators push back
Telecom operators and consumer groups are at odds over TRAI's proposed regulations on 5G network slicing, coverage map accuracy, and service quality benchmarks.
McDonald's denies pressuring franchisees to use AI for menu pricing
McDonald’s denies claims that its AI system sets menu prices, emphasizing it provides recommendations to franchisees, who retain control over pricing decisions.
Tata Trusts seeks chance to respond to Venu Srinivasan's allegations
Tata Trusts has requested a hearing with the Maharashtra charity commissioner regarding Venu Srinivasan's complaint alleging governance issues within the Sir Dorabji Tata Trust.
France's 10-year yield hits highest since 2008, raising borrowing costs
France's 10-year bond yield is experiencing its largest quarterly increase since 1987, driven by rising inflation concerns and elevated energy costs impacting fiscal stability.
Coca-Cola might file for $1B India IPO in December
Coca-Cola is said to be planning an initial public offering (IPO) of its Indian bottling unit, Hindustan Coca-Cola Beverages.
Why Hotmail founder Sabeer Bhatia wants 55% inheritance-tax in India
Sabeer Bhatia, the co-founder of Hotmail, has sparked a fresh debate over inheritance tax in India.
Why employee morale at Flipkart is down
Flipkart, the Walmart-owned e-commerce giant, is facing a major leadership crisis as several top executives have resigned in recent months.
FSSAI suspends license of Seven Seas Hospitality over hygiene violations
The Food Safety and Standards Authority of India (FSSAI) has suspended the license of Seven Seas Hospitality Pvt Ltd for serious hygiene and sanitation violations.
This IT services provider is planning $7B IPO in India
EQT AB-owned Virtusa is considering an initial public offering (IPO) in India, which could value the company at $7 billion.
DoorDash to create 3,000 jobs in India by 2028
Food delivery giant DoorDash has announced plans to create 3,000 jobs in India over the next two years.
OpenAI seeks $30B at $1.4T valuation ahead of IPO
OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round.
This renewable energy firm has filed for ₹10,000cr IPO
Inox Clean Energy, part of the INOXGFL Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹10,000 crore initial public offering (IPO).
Why Tesla has lined up credit backup worth $30B
Tesla has secured $30 billion in new credit lines to help scale its upcoming products, including the Cybercab robotaxi and Optimus robot.
China's manufacturing sector returns to growth in September
China's manufacturing sector has shown signs of recovery in September, according to an official survey.
Why Noel Tata is opposing Tata Sons listing
Noel Tata, who heads the charitable trusts that own 66% of Tata Sons, has voiced his opposition to the public listing of Tata Sons.
Apple Pay launched in India: How to use it
Apple has launched its payment service, Apple Pay, in India. The move marks the company's entry into one of the world's largest digital payments markets.
Festive travel bookings in India surge despite rising airfares
The festive travel season in India has kicked off on a high note, with online travel platforms witnessing a surge in bookings despite rising airfares.
Red Bull can use 'energy' on drink labels in India
The Delhi High Court has overturned a Food Safety and Standards Authority of India (FSSAI) order directing Red Bull India to remove the term "energy" from its drinks.
This 4-watch Rolex set just sold for nearly $50M
Four exclusive Rolex Oyster Perpetual Cosmograph Daytonas have been sold for a whopping $49.4 million (£37.3 million) at an auction in London.
Groww now lets you invest in US stocks
Groww, a leading Indian investment platform, has started rolling out its new feature for US stock investing.
Cement is about to become costlier in India
Cement companies are likely to raise prices by ₹5-20 per bag in October, a report by Centrum Broking has said.
AI could displace 11M US workers by 2035: McKinsey
A recent study from consulting firm McKinsey & Co. has revealed that artificial intelligence (AI) could displace around 11 million American workers by 2035.
This B2B jewelry manufacturer is planning ₹1,000cr IPO in India
Mumbai-based B2B jewelry manufacturer, Royal Chain, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth ₹1,000 crore.
Indian rupee breaches 96 mark against US dollar
The Indian rupee breached the psychological barrier of ₹96 per US dollar today. It is now hovering near a two-month low of ₹96.05.
Boeing's 737 MAX 10 aircraft won't be flying anytime soon
The Federal Aviation Administration (FAA) has decided to delay the certification of Boeing's long-awaited 737 MAX 10 aircraft.
AMD buys Fei-Fei Li's World Labs for $8.2B
Advanced Micro Devices (AMD) has announced its acquisition of World Labs, an artificial intelligence (AI) research lab co-founded by renowned scientist Dr. Fei-Fei Li.
Sensex plummets over 600 points, Nifty slips below 22,600 mark
The Indian stock market witnessed another downturn on Tuesday, with the Sensex plunging over 600 points and the Nifty slipping below the 22,600 mark.
India's Essar to build America's largest steel plant
India's Essar Group has announced plans to invest $18 billion in the United States, including a $15 billion steel plant in Iowa.
Anthropic's IPO filing reveals $42B loss, $518B AI spending
Anthropic, the AI start-up founded by former OpenAI researchers, has published an initial public offering (IPO) prospectus.
Why Apple and Amazon are facing legal trouble in UK
A UK tribunal has allowed parts of a consumer lawsuit against tech giants Apple and Amazon to proceed.
India's industrial output jumps 8% in August
India's Industrial Production Index (IIP) witnessed a significant jump of 8% in August, up from the 7.4% growth recorded in July.
Why India may be unable to export sugar in 2027
India could face a shortage of sugar for exports next year, owing to concerns over the 2027 crop.
India's gourmet food market to hit $24.5B by 2034
India's gourmet food market is expected to grow from $6.6 billion at present to $24.5 billion by 2034, according to the IMARC Group.
UAE to invest another $25B in India, says Piyush Goyal
The United Arab Emirates (UAE) has announced its plan to invest an additional $25 billion in India.
Meta launches new enterprise platform with MongoDB CEO at helm
Meta Platforms has hired CJ Desai, the former CEO of MongoDB, as its new Chief Enterprise Platform Officer.
Air India's new CEO sets safety, reliability as top priorities
Tewolde Gebremariam, the future Chief Executive Officer (CEO) and Managing Director (MD) of Air India, has identified safety and operational reliability as his top priorities.
Jio adds over 24 lakh subscribers in August
Reliance Jio has topped the chart of telecom operators by adding over 24 lakh mobile subscribers in August.