Business News
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Amazon launches 10‑minute delivery service in Delhi
Amazon has launched its 10-minute delivery service, Amazon Now, in select areas of Delhi. The move comes after a successful debut in Bengaluru.
India proposes retaliatory tariffs on US steel and aluminium
India has proposed retaliatory tariffs against the United States under World Trade Organization (WTO) norms.
India's IPO market could add $3T over next 10 years
India's initial public offering (IPO) market is on a growth trajectory, with an estimated potential to add between $2 trillion and $3 trillion in market value over the next decade.
OpenAI closes $6.5B deal for Jony Ive's hardware start-up
OpenAI has completed its acquisition of Io, a hardware start-up co-founded by Apple's renowned designer Jony Ive.
NASA to lose over 2,100 senior employees. Reason? Trump
NASA is poised to witness a major exodus of its senior staff, with more than 2,145 employees set to leave.
AI saved Microsoft $500M while 15,000 lost jobs since January
Microsoft's Chief Commercial Officer, Judson Althoff, has revealed that the company's artificial intelligence (AI) tools have significantly boosted productivity in sales, customer service, and software engineering.
Brazil warns of retaliation after Trump imposes 50% tariff
Brazilian President Luiz Inacio Lula da Silva has vowed to respond to US President Donald Trump's newly announced 50% tariff rate on Brazilian exports.
Gold ticks up as dollar weakens and trade tensions rise
Gold prices witnessed a slight increase on Thursday, driven by a dip in the dollar and bond yields.
Bitcoin crosses $112,000 mark for the first time ever
Bitcoin has hit a new milestone by crossing the $112,000 mark for the first time. The cryptocurrency rose as much as 3.1% to hit $112,009.
From $1T to $4T—NVIDIA hits record valuation in 2 years
NVIDIA has made history by becoming the first public company in the world to reach a market capitalization of $4 trillion.
X CEO Linda Yaccarino steps down after 2 years
Linda Yaccarino has stepped down as the CEO of X, the social media platform owned by Elon Musk. Her resignation marks the end of a significant era in the company's history.
You can soon use Starlink's Wi-Fi on Virgin Atlantic flights
Virgin Atlantic has announced plans to provide free in-flight Wi-Fi across its entire fleet.
Meet Viceroy Research, US-based short-seller now targeting Vedanta Group
US-based financial research firm Viceroy Research has leveled serious allegations against mining tycoon Anil Agarwal's Vedanta Group.
You can soon pay for your Emirates flight using cryptocurrency
Emirates, a major airline based in Dubai, has signed a preliminary agreement with cryptocurrency platform Crypto.com.
India-Russia trade surged 12x in a decade: What's the reason?
India and Russia have seen a massive jump in their trade relations over the last decade, according to Moneycontrol analysis.
This is Barbie's first doll with Type 1 diabetes
Mattel has launched its first-ever Barbie doll with Type 1 diabetes as part of the Barbie Fashionistas line.
China's GDP to exceed $19.5 trillion in 2025
China's National Development and Reform Commission (NDRC) Chairman Zheng Shanjie has said that the country's economy will surpass 140 trillion yuan ($19.5 trillion) this year.
Apple wants US streaming rights for Formula 1 races
Apple is in talks to secure the US broadcast rights for Formula 1 races, when they become available next year.
You can soon use Starlink's internet services in India
Elon Musk's Starlink has received final approval from India's space regulator to begin commercial operations in the country.
Flying on IndiGo? You can soon use in-flight Wi-Fi
India's leading airline, IndiGo, is gearing up to introduce in-flight Wi-Fi services on its domestic business class and select international flights.
Why Reliance Jio's $100B IPO has been postponed
Mukesh Ambani-led Reliance Jio has postponed its much-awaited initial public offering (IPO), which was earlier estimated at over $100 billion.
This Bengaluru tech role pays ₹1cr—no degree or CV needed
A US-based start-up founded by an Indian entrepreneur is offering a unique job opportunity with a whopping ₹1 crore annual salary.
Excess inventory drives smartphone price cuts in India
As India gears up for a busy sales season with Prime Day, Raksha Bandhan, and Independence Day festivities, smartphone brands are offering massive discounts.
AI effect: 800M people could lose their jobs by 2030
The rise of artificial intelligence (AI) is set to transform the global workforce, with top CEOs warning of potential job losses.
From Moradabad to Cupertino: Sabih Khan becomes Apple's new COO
Apple has announced the appointment of Sabih Khan as its new Chief Operating Officer (COO). He will be taking over from Jeff Williams later this month.
Delhivery shares hit 9-month high today: Here we decode why
Delhivery, India's largest integrated logistics services provider, has witnessed a surge in its share price for the sixth consecutive session.
Legal troubles mount for BYJU'S founder in the US
Byju Raveendran, the founder of edtech giant BYJU'S, has been held in civil contempt by the US Bankruptcy Court for the District of Delaware.
OpenAI hires 4 AI engineers from Tesla, xAI, and Meta
OpenAI has hired four AI engineers and researchers from its competitors.
Tata Capital, LG, NSDL among 71 firms awaiting IPO
India's initial public offering (IPO) market is gearing up for a busy second half of 2025.
Metal stocks in India down 3.5%: Here we decode why
A number of domestic metal shares, including Hindustan Copper, SAIL, Tata Steel, Jindal Stainless, Vedanta and NMDC witnessed heavy selling pressure during today's trading session.
ICICI Prudential AMC files papers with SEBI for ₹10,000cr IPO
ICICI Prudential AMC has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
French AI start-up Mistral is in talks to raise $1B
French artificial intelligence (AI) start-up Mistral is in talks to raise up to $1 billion in equity.
Zepto to raise $500M at a whopping $7B valuation
Zepto, the quick commerce start-up, is in the final stages of raising between $450 million and $500 million in primary capital.
Trump imposes 50% copper tariffs, warns of 200% pharma tax
US President Donald Trump has announced a massive 50% tariff on copper imports. The move comes as part of an ongoing investigation into the metal's importation.
SpaceX targets $400B valuation in new funding round
SpaceX, Elon Musk's rocket and satellite manufacturing company, is said to be planning a capital raise and insider share sale. The deal could value the company at around $400 billion.
Meta just invested $3.5B in Ray‑Ban's parent company: Here's why
Meta Platforms, the parent company of Facebook, has acquired a minority stake of around 3% in EssilorLuxottica, the world's largest eyewear manufacturer.
Apple COO Jeff Williams announces retirement, Sabih Khan to succeed
Apple's Chief Operating Officer (COO) Jeff Williams has announced his retirement, marking a major leadership change at the tech giant.
Ex-UK PM Rishi Sunak rejoins Goldman Sachs as senior adviser
Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser.
Russia's crude exports hit lowest since February: What's the reason?
Russia's crude oil exports have declined to their lowest level since February, as refinery runs are increasing at faster rate than production.
Adani Group raises $3.2B in 6 months, targets $5B by FY 26
Adani Group is making a strong comeback in the capital markets, having raised over $3.2 billion in just six months.