Business News
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Apple records $102B Q4 revenue, profit surges 86% to $27.5B
Apple has reported its fiscal fourth-quarter earnings, exceeding expectations and painting a positive picture for the upcoming December quarter.
India sees highest‑ever IPO fundraising at ₹46,000cr in October
India's primary market has witnessed an unprecedented surge in October, with 14 initial public offerings (IPOs) hitting the market.
Forget cars! Suzuki's latest bestseller in Japan is Indian curry
Suzuki Motor Corporation, the Japanese parent company of Maruti Suzuki, has made a surprising entry into Japan's packaged food market.
AI boom makes billionaires richer, but mostly in the West
The current artificial intelligence (AI) boom is making billionaires richer across the globe. However, the trend is more pronounced in Western countries than in Asia.
China approves TikTok transfer deal after Trump-Xi meeting
China has approved the transfer agreement for popular short video app TikTok, US Treasury Secretary Scott Bessent confirmed on Thursday.
PhysicsWallah may launch ₹3,820cr IPO within weeks
Leading Indian edtech company, PhysicsWallah, is gearing up for an initial public offering (IPO) worth ₹3,820 crore, according to Bloomberg.
Swiggy delivers ₹1,092cr Q2 loss, up 74% from last year
Food and grocery delivery platform Swiggy reported today that its net loss for Q2 FY26 widened 74.4% year-on-year, rising to ₹1,092 crore from ₹626 crore in the same quarter last year.
Hyundai India's Q2 profit rises 14% to ₹1,572cr
Hyundai Motor India has reported a 14% increase in its consolidated net profit for the second quarter of FY2026.
SHEIN, Temu dominate Southeast Asia's e-commerce market
Chinese e-commerce giants have quickly taken over the online shopping market in Southeast Asia, a new report by consulting firm Bain & Company has revealed.
Microsoft's Xbox hardware revenue drops 30%
Microsoft's latest earnings report for the quarter ending September 30 has revealed a major hit to its Xbox division.
Meta's hardware division has lost over $70B since 2020
Meta's Reality Labs division has posted a massive loss of $4.4 billion in Q3 on $470 million in sales.
Federal Reserve cuts interest rates as US economy faces uncertainties
The US Federal Reserve has cut its key interest rate for the second time this year, in a bid to stimulate economic activity and revive a sluggish labor market.
PhonePe secures $600M investment from General Atlantic ahead of IPO
Walmart-backed fintech giant PhonePe has secured a $600 million investment from General Atlantic (GA). The funding doubles GA's stake in the company from 4.4% to 9%.
Samsung's Q3 profit surges 32% to $8.6B on chip demand
Samsung Electronics has reported a whopping 32% rise in its operating profit for the third quarter of 2025. The income stood at 12.2 trillion won ($8.6 billion).
OpenAI plans $60B IPO, aims for a whopping $1T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is preparing for a massive initial public offering (IPO). The move could value the company at as much as $1 trillion.
Meta's Q3 revenue hits record $51B amid lavish AI spending
Meta has reported mixed financial results for the third quarter of 2025.
From semiconductors to lower tariffs: Key takeaways from Trump-Xi meeting
US President Donald Trump has announced a major reduction in tariffs on Chinese goods, following his meeting with Chinese President Xi Jinping.
India's cybersecurity industry is worth $20B, powered by 400+ start-ups
India is fast becoming a global leader in cybersecurity, with over 400 start-ups and a workforce of more than 650,000 professionals. The country has built a $20 billion cybersecurity industry.
'Nonsense': Binance founder denies being China's 13th richest person
Binance founder Zhao Changpeng, popularly known as CZ, has dismissed a recent report from the Hurun Research Institute that estimated his net worth at ¥190 billion ($26.7 billion).
Ixigo parent's shares plunge 20% after Q2 losses
Shares of Le Travenues Technologies Ltd., the parent company of travel services aggregator Ixigo, have crashed 20%.
Google parent Alphabet's quarterly revenue surpasses $100B for first time
Alphabet, the parent company of Google, has reported a record-breaking quarterly revenue of $102.35 billion. This is the first time the tech giant has crossed the $100 billion mark in a single quarter.
Microsoft reports $28B in Q1 profits amid AI boom
Microsoft's stock price fell nearly 4% in after-hours trading on Wednesday, despite better-than-expected fiscal first-quarter results.
YouTube offers voluntary exit program amid major restructuring
YouTube is offering a "voluntary exit program" with severance for its US-based employees, according to TechCrunch.
Groww's ₹6,632cr IPO opens on November 4: Check price band
Billionbrains Garage Ventures, the parent company of online investment platform Groww, is gearing up for its ₹6,632 crore initial public offering (IPO).
SBI Card announces major fee changes starting November 1
SBI Card has announced a revision in its fee structure, effective from November 1, 2025.
GM lays off over 1,700 workers amid EV slowdown
General Motors (GM) has announced plans to cut over 1,700 manufacturing jobs in response to changes in the electric vehicle (EV) market.
Paramount Skydance is firing 10% of its workforce
Hollywood giant Paramount Skydance has begun a massive layoff process, with CEO David Ellison confirming the move in an internal memo.
Why Boeing has suffered a $5B financial hit
Boeing has reported a nearly $5 billion charge related to its delayed 777X jet program.
Modi government plans to merge Union Bank, Bank of India
The Indian government is contemplating a merger between two major public sector banks (PSBs), Union Bank of India and Bank of India.
UPI transactions surge 35% in H1 2025 to whopping 106B
India's digital payments ecosystem witnessed a massive growth in the first half of 2025, driven by an increase in Unified Payments Interface (UPI) usage and the rapid onboarding of small merchants.
Reliance bringing Italian fashion brand MAX&CO to India next year
Italian fashion brand MAX&CO will make its debut in India in early 2026.
Akasa Air plans to go public in India by 2030
Akasa Air, the airline that commenced operations in August 2022, is looking to go public within the next two to five years.
Wearables brand Boat gets SEBI's nod for ₹1,500cr IPO
Imagine Marketing, the parent firm of popular Indian wearables brand boAt, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
Why beverage company Bira 91 is fighting with its lenders
Japanese beverage giant Kirin Holdings and Indian investment firm Anicut Capital have taken control of The Beer Cafe, a pub chain owned by Bira 91's parent company B9 Beverages.
'Effortless': Zomato praised for smooth delivery by wheelchair-bound partner
Zomato has been lauded for its inclusive operational design, after a Mumbai resident shared her "effortless" experience with a wheelchair-bound delivery partner.
Zerodha will soon let you invest in fixed deposits
Zerodha, one of India's leading discount brokers, is gearing up to launch a fixed deposit (FD) product on its Coin platform.
NVIDIA becomes world's 1st company with a $5 trillion valuation
NVIDIA, the US tech giant, has made history by becoming the first company ever to hit a $5 trillion valuation.
Why SEBI has put Sterlite Electric's IPO on hold
The Securities and Exchange Board of India(SEBI) has put the Initial Public Offering (IPO) of Sterlite Electric on hold.
Lenskart raises ₹100cr from SBI Mutual Fund ahead of IPO
SBI Mutual Fund has invested ₹100 crore in eyewear retailer Lenskart Solutions, ahead of its upcoming initial public offering (IPO).
Textile, shrimp stocks up 4% today: Here we decode why
Shares of textile and shrimp companies have witnessed a sharp rise of up to 4% today.