Business News
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Texas AG sues Roblox for misleading parents about child safety
Texas Attorney General Ken Paxton has sued popular online gaming platform Roblox over child safety concerns.
Zomato leases 270,000 sq ft office space in Gurugram
Zomato has leased a massive 270,000 square feet of office space at Tata Realty and Infrastructure's Intellion Park in Gurugram.
Amazon expands new shopping app 'Bazaar' to challenge Chinese platforms
Amazon is expanding the reach of its standalone shopping app, Bazaar, to customers in Asia, Africa, and Latin America.
Rivian just gave its CEO a $5B pay package
Rivian, the electric vehicle manufacturer, has awarded its founder and CEO RJ Scaringe a fresh performance-based stock award.
Moody's lowers Ola's rating, warns of cash and loan troubles
Ola's parent company, ANI Technologies, has had its credit rating downgraded by Moody's.
Families sue OpenAI, claim ChatGPT led to suicides and delusions
OpenAI is facing as many as seven lawsuits, alleging that its AI model, ChatGPT, has contributed to suicides and psychological harm.
Musk's $1T Tesla pay approved: Here's what he could buy
Tesla shareholders have approved a historic pay package for CEO Elon Musk, which could make him the world's first trillionaire in the next decade.
UpGrad in talks to acquire Unacademy for $300-400M
Edtech giant UpGrad is reportedly in talks to acquire its rival Unacademy.
Sensex declines 650 points: What's dragging the market today?
The Indian stock market experienced a decline today, with the Sensex and Nifty both opening in the red.
Groww IPO closes today: What current GMP reveals about listing
The bidding for Billionbrains Garage Ventures Ltd.'s (Groww) Initial Public Offering (IPO) will conclude today.
Pine Labs' ₹3,900cr IPO now open: Should you bid?
Pine Labs, one of India's leading merchant payments company, has raised ₹1,753 crore from over 70 anchor investors.
Infosys sets November 14 as record date for ₹18,000 cr share buyback
Infosys has announced November 14, 2025, as the record date for its ₹18,000 crore share buyback.
Trump deal reduces prices for popular weight‑loss medications in US
Eli Lilly and Novo Nordisk have struck deals with the Trump administration to reduce the prices of their popular weight-loss drugs, Zepbound and Wegovy.
Meta is making billions by serving you scam ads
Meta, the parent company of Facebook, Instagram, and WhatsApp, is raking in billions from ads promoting scams and illegal products.
Boeing escapes criminal trial over 737-Max crashes that killed hundreds
A Texas federal judge has dismissed a criminal conspiracy case against Boeing, concerning two deadly crashes of its 737 Max jetliner that claimed 346 lives.
Tesla shareholders approve historic $1T pay package for Elon Musk
Tesla shareholders have approved a massive compensation package for CEO Elon Musk, one that could be worth as much as $1 trillion in company shares.
SBI, India's largest bank, crosses $100B market-cap milestone
The State Bank of India (SBI) has entered the elite $100 billion market capitalization club, becoming India's sixth company to do so.
Money-losing Nissan sells HQ building to boost cash reserves
Japanese automaker Nissan has announced the sale of its Yokohama headquarters building for ¥97 billion ($630 million). The move is part of the company's broader revival efforts.
Google in talks to boost investment in AI start-up Anthropic
Google is reportedly in early discussions to increase its investment in artificial intelligence (AI) start-up Anthropic.
India's services sector growth slows to 5-month low in October
India's services sector growth has slowed down in October, hitting a five-month low of 58.9, according to a private sector survey released today.
Ola Electric posts ₹ 418 cr loss in Q2, revenue plunges 43%
Ola Electric Mobility has reported a narrower consolidated net loss of ₹418 crore for the September quarter (Q2 FY26).
Lenskart IPO allotment today: How to check status online
Lenskart, a leading eyewear company, will finalize its initial public offering (IPO) allotment today.
PhysicsWallah co‑founders become billionaires ahead of company's IPO
Alakh Pandey and Prateek Boob, the founders of edtech start-up PhysicsWallah, have entered the billionaire club.
Maharashtra becomes 1st Indian state to partner with Musk's Starlink
In a major development, the Maharashtra government has signed a Letter of Intent (LOI) with Elon Musk's Starlink Satellite Communications Pvt Ltd.
After McDonald's, Netflix sets up a GCC in Hyderabad
In a major development, Netflix has announced the establishment of a new global capability center (GCC) in Hyderabad.
India housing prices surge, Delhi‑NCR sees biggest 19% surge
India's top eight housing markets witnessed an increase between 7% to 19% in property prices during the July-September quarter, according to PropTiger, a digital real estate transaction and advisory platform.
Did Indians actually benefit from the recent GST cuts?
A survey by LocalCircles has found that most Indian consumers have not yet benefited from the revised Goods and Services Tax (GST) rates on essential goods.
Global manufacturing rebounds in October led by India, Thailand, Vietnam
Global manufacturing activity witnessed a significant upturn in October, with Asian economies such as India, Thailand, and Vietnam leading the charge.
Semiconductor stocks crash, wiping out $500B in market value
A global sell-off in semiconductor stocks has erased over $500 billion in market value.
Prada's ₹69,000 safety pin brooch shocks netizens
Italian luxury fashion house Prada has left social media users in shock with its latest offering: a safety pin brooch priced at $775 (approximately ₹68,700).
Spotify posts €4.3B Q3 revenue as pay users hit 281M
Spotify has announced its third-quarter results, beating Wall Street expectations with a 12% year-on-year revenue increase.
Stability AI triumphs in UK copyright case against Getty Images
Stability AI mostly prevailed in a legal battle against Getty Images in the UK.
Logistics start-up Porter lays off 300-350 employees amid restructuring
Bengaluru-based logistics start-up, Porter, has laid off around 300-350 employees—about 18% of its team—in a major restructuring move.
Ratan Tata's friend Mehli Mistry resigns as Tata Trusts trustee
In a major development, businessman Mehli Mistry has resigned as a trustee of Tata Trusts.
Bitcoin drops below $10,000 as whales dump $45B in bets
Bitcoin has witnessed a major downturn, falling as much as 7.4% and dropping below the $10,000 mark for the first time since June.
ChrysCapital raises $2.2B in India's largest private equity fund
ChrysCapital has made history by raising a whopping $2.2 billion for its latest fund, ChrysCapital X.
NVIDIA joins VC alliance backing India's deep-tech start-ups
NVIDIA, the world's leading AI chipmaker, has joined the India Deep Tech Alliance (IDTA) as a founding member and strategic technical adviser.
SoftBank shares crash 13% over inflated valuations of AI companies
SoftBank's shares have plummeted by a staggering 13% in Asian trading on Wednesday.
IBM to cut thousands of jobs amid AI pivot
IBM has announced plans to lay off a small percentage of its global workforce in the fourth quarter of 2025.
Another top executive quits Zepto amid leadership churn
Chandan Rungta, the CEO of Zepto's meat business, has resigned from his post. His departure comes less than a year after he took up the role in December 2023.