Business News
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Meta initiates mass layoff, nearly 3,700 employees to be affected
Meta has kicked off a major redundancy process today, one that is likely to affect around 5% of its global workforce.
Sam Altman rejects Elon Musk's $97B takeover bid for OpenAI
OpenAI CEO Sam Altman has publicly rejected a $97.4 billion unsolicited takeover bid from Tesla boss Elon Musk and a group of investors.
Delhi Airport: Flying during peak hours may soon cost more
India's busiest aviation hub, Delhi Airport, is mulling a new variable tariff structure according to travel class and time, the Economic Times has reported.
DeepSeek hired employees from Microsoft's AI labs in China
DeepSeek, the Chinese AI start-up that recently sparked a $1 trillion selloff in US tech stocks, has a number of former Microsoft employees from the company's controversial AI labs in China.
Rural business? Here's the loan playbook you need
Digital lending is revolutionizing how rural entrepreneurs in India secure the necessary capital to launch or grow their businesses.
Reasons why e-gift vouchers are awesome
Festivals in India = gifts, celebrations, and burning a hole in your pocket. Balancing budgets without compromising on the festive vibe is a challenge.
Adani partners with Mayo Clinic to venture into healthcare sector
The Adani Group is gearing up to foray into the healthcare sector via a strategic partnership with US-based Mayo Clinic Global Consulting, HT Mint has reported.
France announces $112B AI investment to rival US's Stargate project
French President Emmanuel Macron has announced a massive private investment of €109 billion ($112.6 billion) in the country's artificial intelligence (AI) sector.
Reliance launches ₹10 'Spinner' to disrupt sports drink market
Reliance Consumer Products Limited (RCPL), a subsidiary of Reliance Retail Ventures Limited, has launched a new sports drink called 'Spinner.'
GST evasion of over ₹1.88L crore detected between April-December 2024
The Central Goods and Services Tax (CGST) officers have detected a whopping Goods and Services Tax (GST) evasion of over ₹1.88 lakh crore.
Nykaa's Q3 profit soars by 60% to ₹26cr, misses estimates
India's popular e-commerce retailer Nykaa has reported an impressive 60.5% jump in its net profit for the third quarter of the fiscal year.
FPIs withdraw nearly ₹85,370 crore from Indian equities in 2025
Foreign portfolio investors (FPIs) have pulled out a whopping ₹85,369 crore from Indian equities since the start of 2025.
Need more orders to establish assembly line in India: Boeing
US aerospace giant Boeing has said it needs more orders from India before it can think of setting up a civil aircraft assembly line in the country.
India's trade deal with Switzerland to be operational by 2025-end
The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) will be fully operational later this year, Commerce Minister Piyush Goyal said.
Getting married? Read this guide on jewelry financing options
In India, weddings are extravagant affairs, representing not only the union of two individuals but also a showcase of culture and economic prosperity.
Nokia picks Intel's Justin Hotard as its new CEO
Nokia has announced the appointment of senior Intel executive Justin Hotard as its new Chief Executive Officer.
HDFC Ergo pays Apple Watch rewards after step-count controversy
HDFC Ergo has faced criticism for going back on its word to refund customers who bought Apple Watches through its 'India Gets Moving' initiative.
New Income Tax Bill to replace 1961 Act: What's changing
The Union Cabinet, led by Prime Minister Narendra Modi, has approved a new Income Tax Bill.
Modi government mulling law to regulate online gaming, gambling: Report
The Ministry of Home Affairs (MHA) is planning to frame a new law to regulate online gaming, gambling, betting, and lotteries, as per CNBC-TV18.
You can now book hotels on Agoda using Paytm app
In a major move, One97 Communications Limited (OCL), the parent company of Paytm, has announced a strategic partnership with digital travel platform Agoda.
Swiggy stock falls 5% again: What's behind the losing streak
Swiggy's share price witnessed a massive fall of over 5%, continuing its losing streak for the fifth consecutive session.
Gold prices up 10% in 2025: Here we decode why
The price of gold has been on a steady rise since the start of 2025, with nearly 10% increase. The precious metal has set new price records 10 times this year, peaking at $2,886 per ounce.
MTNL surges 10% as BSNL gets ₹6,000cr for 4G expansion
Shares of Mahanagar Telephone Nigam Limited (MTNL) surged by a whopping 10.3% in early trading today.
Sensex falls 550 points as metal stocks face tariff concerns
India's key equity indices, the Sensex and Nifty 50, plunged sharply today. The fall was largely attributed to rising global trade tensions and lackluster Q3 earnings.
Indian rupee hits historic low, nears 88-per-dollar amid tariff concerns
The Indian rupee hit a historic low against the US dollar, opening at 87.92 today.
Modi government approves ₹6,000cr funding for BSNL's 4G expansion: Report
The Indian government has approved an additional ₹6,000 crore for the 4G expansion of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), as per Moneycontrol.
India's total trade projected to reach $1.8T in 8 years
India's total trade is tipped to grow at a CAGR of 6.4% through 2033, reaching $1.8 trillion annually, a Boston Consulting Group (BCG) report stated.
No interest in acquiring TikTok, says Elon Musk
Billionaire entrepreneur Elon Musk has publicly dismissed any interest in acquiring the popular short-video app TikTok.
India's top 6 firms add ₹1.18L crore to market cap
Six of India's top 10 most valued companies saw their combined market valuation jump by a whopping ₹1.18 lakh crore last week.
OYO's Q3 results: Net profit soars 6 times to ₹166cr
OYO, one of the leading players in the travel industry, has posted a whopping jump in its profit after tax (PAT) for the third quarter ending December.
FPIs withdraw ₹7,300cr from Indian equities amid global trade tensions
Foreign Portfolio Investors (FPIs) continued their exodus from the Indian equity market, withdrawing over ₹7,300 crore in the first week of February.
Politics, weapons: What Meta employees can't talk about at work
Meta Platforms, the parent company of Facebook, is facing backlash from its employees over alleged internal censorship and ambiguous content moderation practices.
Ratan Tata's half-siblings to manage his stake in Tata companies
Ratan Tata's family members will become trustees of the Ratan Tata Endowment Foundation (RTEF) and Ratan Tata Endowment Trust (RTET).
Boeing laying off 400 employees from SLS Moon rocket program
US aerospace giant Boeing has announced plans to lay off around 400 employees from its Space Launch System (SLS) Moon rocket program.
EPFO extends deadline for UAN activation, Aadhaar seeding
The Employees' Provident Fund Organisation (EPFO) has pushed the deadline for Universal Account Number (UAN) activation and Aadhaar seeding in employees' bank accounts.
FIIs offload almost ₹9,100cr in Indian equities this month
Foreign institutional investors (FIIs) have maintained their selling spree in the Indian equity market this month as well.
Eight IPOs, 6 listings to hit Dalal Street next week
The primary market is all set to get busy with eight initial public offerings (IPOs) lined up for the next week.
Forget groceries, get humans 'delivered' in just 10 minutes!
In a first, an Indian start-up Topmate.io has launched an interesting service that promises a 10-minute "delivery" of experts who can guide you in real-time and answer your queries.
Defense start-up Anduril wants to raise $2.5B at $28B valuation
Anduril, a top defense technology company, is said to be in talks for a new funding round of as much as $2.5 billion.
Donald Trump concludes legal dispute with X over account suspension
US President Donald Trump has settled his legal battle with X after he was suspended from the platform in the aftermath of the January 6, 2021 Capitol riot.