Business News
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Delhi HC orders immediate ban on shadow libraries in India
The Delhi High Court has ordered the immediate ban of shadow libraries like Sci-Hub and Libgen in India.
India to clear more semiconductor projects
India is gearing up to approve two to three more semiconductor projects, using the remaining funds from its ₹76,000 crore Semicon 1.0 program.
Adani Group begins work on ₹600cr logistics park in Kerala
The Adani Group has commenced work on a new logistics park in Kalamassery, Kerala.
SMBC receives RBI approval for 25% stake in Yes Bank
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of Yes Bank's paid-up share capital and voting rights.
Coca-Cola may sell Costa Coffee, 6 years after £3.9B acquisition
Coca-Cola is considering selling Costa Coffee, the UK's largest high street coffee chain.
India suspends postal services to US over new import duties
India has temporarily suspended most types of postal services to the United States, starting August 25, except for letters/documents/gift items up to $100 in value.
How to apply for India's new e-passport online
The Government of India has introduced the e-passport, a digitally enhanced travel document featuring an embedded electronic chip that securely stores biometric and personal data.
India hires new US lobbyist amid trade tensions
India has hired a new lobbying firm in the wake of escalating trade tensions with the United States.
GST Council to meet in September to discuss 2-slab structure
The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3 and 4, in New Delhi.
How India passed Online Gaming Law in just 4 days
India has swiftly enacted the Promotion and Regulation of Online Gaming Bill, 2025, completing the legislative process in a record 96 hour.
Why Anil Ambani is being probed by CBI and ED
The Central Bureau of Investigation (CBI) has raided properties linked to Reliance Communications and its promoter director Anil Ambani. The raids were conducted in connection with an alleged large-scale bank fraud.
Apple sues ex-employee for stealing trade secrets for rival OPPO
Apple has filed a lawsuit against Dr. Chen Shi, a former employee of its Apple Watch team who later joined Chinese tech giant OPPO.
TikTok lays off hundreds as AI takes over moderation
TikTok is preparing to lay off hundreds of its UK-based content moderators as part of a global restructuring plan.
SEBI suggests revisions to block deal framework
The Securities and Exchange Board of India (SEBI), the country's markets regulator, has proposed significant changes to the block deal framework.
Dream11 launches money management app amid real-money gaming ban
Dream Sports, the parent company of popular fantasy sports platform Dream11, is piloting a personal money management app called 'Dream Money.'
Dow Jones hits record high as US signals rate cut
Wall Street's key indexes closed on a positive note on Friday, with the Dow Jones Industrial Average hitting a new record.
Meta signs $10B cloud computing deal with Google
Meta has signed a six-year cloud computing contract with Google, worth over $10 billion.
US government secures 10% Intel stake after Trump's big move
In a landmark move, chipmaker Intel has agreed to give the US government a 9.9% stake in its business.
Online Gaming Bill becomes law
The Promotion and Regulation of Online Gaming Bill has been signed into law by President Droupadi Murmu.
Blinkit now delivers powered spectacles from Lenskart in 10 minutes
Blinkit, a quick commerce platform, has announced a partnership with Lenskart to offer speedy deliveries of powered spectacles.
Ola Electric gets shareholder nod to reallocate IPO funds
Ola Electric has successfully secured shareholder approval for the reallocation of funds raised through its initial public offering (IPO).
Indian airlines suffer heavy losses despite rising passenger traffic
India's aviation industry is facing a financial crisis, despite an increase in passenger numbers.
Nazara-owned PokerBaazi won't let you play real-money games anymore
The associate company of Nazara Technologies, Moonshine Technologies, has halted real-money online gaming operations on its PokerBaazi platform.
Real-money gaming ban: Hike-owned Rush ends its operations in India
Rush, the real-money gaming (RMG) platform from Bharti Airtel scion Kavin Bharti Mittal's Hike, is shutting down operations in India.
Japan's 30-year bond yield hits all-time high: Why it matters
Japan's 30-year government bond yield has hit an all-time high of 3.21%, following a similar trend in US Treasury yields.
This popular stock is down 18%: Should you invest?
Suzlon Energy, a favorite among retail investors in the renewable energy sector, has witnessed a massive decline of over 18% in less than three months.
IRDAI might cap health-insurance premium hikes: How it affects you?
The Insurance Regulatory and Development Authority of India (IRDAI) is mulling a plan to cap health insurance premium hikes at both product and portfolio levels.
Study flags $161B export gap in India-China trade
A recent study by the Indian Council for Research on International Economic Relations (ICRIER) has highlighted a huge trade imbalance between India and China.
Sensex plunges over 600 points today: Here we decode why
The Indian stock market witnessed a major crash today, with the Sensex plummeting over 600 points or 0.74% to an intraday low of 81,393.
OpenAI to set up office in Delhi, hire local team
OpenAI, the company behind the popular artificial intelligence (AI) chatbot ChatGPT, has announced its plans to open an office in New Delhi.
Kokilaben Ambani, matriarch of Reliance family, hospitalized in Mumbai
Kokilaben Ambani, the matriarch of one of India's most influential business families and wife of late Reliance Industries founder Dhirubhai Ambani, has been admitted to HN Reliance Foundation Hospital, per reports.
Musk asked Zuckerberg to back OpenAI takeover plan
OpenAI, the company behind ChatGPT, has claimed in a court filing that Elon Musk tried to get Mark Zuckerberg on board for his $97 billion takeover bid.
You can't play real-money games on Dream11, MPL, Zupee anymore
India's leading real money gaming (RMG) firms, including Dream Sports (owner of Dream11), Gameskraft, Mobile Premier League (MPL), and Zupee, have started suspending cash-based contests and games on their platforms.
Cisco is firing over 200 employees in the US
Cisco, the California-based tech giant, has announced a fresh round of layoffs affecting its Bay Area workforce.
Musk's X settling $500M severance lawsuit with fired Twitter employees
Elon Musk and his social media company, X, have tentatively settled a class-action lawsuit filed by former Twitter employees.
Boeing's fighter jet production halts. Reason? Workers' strike
Boeing's fighter jet production has come to a standstill due to a strike by its St. Louis-area workers.
Apple Fitness chief accused of bullying, workplace harassment
Jay Blahnik, Apple's Vice President of Fitness Technologies and the mind behind the popular "Close Your Rings" feature on Apple Watch, has been accused of workplace harassment.
OpenAI's HR head is leaving the company
Julia Villagra, the Chief People Officer of OpenAI, has announced her departure from the company. She will be leaving effective today.
Apple loses another AI executive to Meta, 6th in row
Apple has lost another top artificial intelligence (AI) executive, Frank Chu, to Meta Platforms, according to Bloomberg.
You can't play real money games on Dream11 anymore
Dream11, a leading player in the online gaming industry, is shutting down its real-money gaming (RMG) operations, as per Entrackr.