Business News
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Microsoft takes 27 % stake in OpenAI, worth $135B
Microsoft and OpenAI have announced a major restructuring of their long-standing artificial intelligence (AI) partnership.
Unilever blocked Palestine-themed ice cream, says Ben & Jerry's co-founder
Ben Cohen, the co-founder of popular ice cream brand Ben & Jerry's, has revealed that their parent company, Unilever, blocked a new flavor.
Stellantis, NVIDIA, Uber and Foxconn join forces for robotaxi service
Stellantis, the parent company of Jeep, Ram, Dodge, and Chrysler brands, has announced a new partnership with NVIDIA, Foxconn, and Uber to launch its own robotaxi service.
NVIDIA invests $1B in Nokia, advancing AI platform for 6G
NVIDIA has announced a major investment in Finnish telecommunications giant Nokia.
French court fines Apple €39M over iPhone sales violations
A French court has ordered tech giant Apple to pay around €39 million to mobile network operators over unfair contract conditions related to iPhone sales.
OpenAI completes for-profit restructuring: Who controls what
OpenAI has completed its restructuring, with its non-profit arm retaining a controlling stake in the for-profit business.
ChatGPT can now make payments for you using PayPal
PayPal has announced a strategic partnership with artificial intelligence (AI) giant OpenAI.
Vodafone Idea gains active subscribers after almost 2 years
Vodafone Idea Limited (VIL) has broken its 21-month-long losing streak by gaining active subscribers for the first time in nearly two years.
This online education platform is firing 45% of its workforce
Chegg, a leading online education platform, has announced plans to lay off around 388 employees, nearly 45% of its total workforce.
Apple becomes 3rd company to hit a $4T market cap
Apple has become the third company in history to reach a market cap of over $4 trillion.
Modi cabinet approves terms of reference for 8th Pay Commission
The Union Cabinet has approved the Terms of Reference (ToR) for the 8th Pay Commission.
Amazon to lay off over 1,000 employees in India
Amazon India is set to lay off between 900 and 1,100 employees as part of a global restructuring plan.
This Chinese AI chip start-up plans to rival NVIDIA
Shanghai-based artificial intelligence (AI) chip start-up, MetaX, is making waves in the tech industry.
Why 2 senior HDFC Bank executives were put on leave
India's largest private lender, HDFC Bank, has placed two senior executives on gardening leave.
This India-made stem-cell treatment drug will be sold in Japan
Manipal Group-backed Stempeutics Research has signed a licensing agreement with Tokyo-listed Medinet.
India to have Citi Bank's second-largest workforce in the world
Citi's Indian division is on track to become the bank's second-largest employer in the world.
Aadhaar rules update: 3 major changes from November 1
Starting November 1, 2025, updating your Aadhaar card will be a hassle-free process.
Sequoia backs AI start-up aiming to automate junior banker tasks
Sequoia Capital has invested in Rogo Technologies, a start-up focused on developing artificial intelligence (AI) tools to enhance efficiency of bankers.
China minted one new billionaire every day in 2024
China witnessed an unprecedented surge in its ultra-rich population last year, with a new billionaire being minted almost every day.
Dream11 expands to 11 countries amid India's real-money gaming ban
Dream11, India's leading fantasy sports platform, has announced its global expansion into 11 countries.
US-China trade talks advance ahead of Trump-Xi summit
The United States and China are making headway in their trade negotiations ahead of the upcoming Trump-Xi meet in Busan on Thursday.
Lenskart shares jump 27% in gray market ahead of IPO
Lenskart, India's leading eyewear brand, is gearing up for its much-anticipated initial public offering (IPO).
Dream11 will soon let you trade stocks in India
Leading fantasy sports platform Dream11 is all set to make its foray into the stock broking and wealth management space in India.
This Russian passenger aircraft will now be made in India
Hindustan Aeronautics Limited (HAL) has signed a Memorandum of Understanding (MoU) with Russia's United Aircraft Corporation (UAC) for the production of the SJ-100 civil commuter aircraft.
Zoom CEO explains how AI can reduce our workload
Eric Yuan, the founder and CEO of Zoom, is optimistic about the potential of artificial intelligence (AI) to shorten our workweeks.
US government inks $1B deal with AMD to build supercomputers
The US government has announced a major partnership with chipmaker Advanced Micro Devices (AMD) to build two supercomputers.
Tata Trusts conflict deepens as Noel, others block Mistry's reappointment
Noel Tata, the chairman of Tata Trusts, along with Vice Chairmen Venu Srinivasan and Vijay Singh, have opposed the reappointment of businessman Mehli Mistry as a permanent trustee.
Musk may quit Tesla without $1T pay package
Tesla Chair Robyn Denholm has warned shareholders that Elon Musk may resign as CEO if his proposed $1 trillion performance-based pay package is not approved.
Amazon to lay off 30,000 employees in major cost-cutting move
Amazon is set to lay off as many as 30,000 corporate employees in a major cost-cutting move. The decision comes after the company overhired during the pandemic's peak demand period.
This start-up behind ChatGPT's success now has a $10B valuation
Mercor, a start-up that plays a pivotal role in enhancing leading AI models, is closing in on a new funding round that would value the company at $10 billion.
This is India's first private-equity firm to get IPO approval
Gaja Capital, a leading private equity firm in India, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Paytm now allows UPI payments without an Indian SIM card
Paytm has introduced a service that lets Non-Resident Indians (NRIs) from 12 countries make Unified Payments Interface (UPI) payments in India using their international mobile numbers.
India's tech sector deals touch almost $1.5B in Q3 2025
India's technology sector witnessed a major shift in the third quarter of 2025, according to a report by Grant Thornton Bharat.
Tata Sons to sell bonds worth $330M: Should you buy?
Tata Housing Development and Tata Realty and Infrastructure (TRIL), two subsidiaries of Tata Sons, are planning to raise up to ₹29 billion ($330 million) through short-term bond sales.
How Modi government plans to help print media in India
In a major boost for the media sector, the Indian government is said to be planning a 26% increase in advertisement rates for print media.
Up to 49% foreign-investment in government banks might be allowed
The Indian government is considering a proposal to double the foreign investment limit in public sector banks (PSBs) from the current 20% to as much as 49%.
Modi government approves 7 electronics manufacturing projects worth ₹5,532cr
The Indian government has approved seven projects under the Electronics Components Manufacturing Scheme (ECMS).
Managing multiple personal loans at once? These tips can help
Managing multiple personal loans can be a daunting task, especially when unexpected financial emergencies arise.
Musk's Starlink leases first office space in Mumbai
Elon Musk's satellite communications venture, Starlink, has leased its first office space in Mumbai.
American investment firm KKR in talks to acquire Costa Coffee
KKR, a leading American investment firm, is considering acquiring Costa Coffee, one of Britain's largest high street hospitality groups.