Business News
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TCS to start operations in Visakhapatnam from January
Tata Consultancy Services (TCS), a leading IT giant, is all set to start operations at its Delivery Center in Visakhapatnam from January 2026.
IndiGo's Sensex entry puts airline stock in spotlight
InterGlobe Aviation, the parent company of IndiGo, will be added to the 30-share Sensex today.
Gold prices surge to record high amid US rate-cut expectations
Gold prices have hit a new all-time high of $4,383.73 per ounce on Monday.
Trump plans more aggressive immigration crackdown with new funding
US President Donald Trump is gearing up for a more aggressive immigration crackdown, backed by billions of dollars in new funding.
ByteDance hikes pay, bonuses to retain talent amid AI race
In a bid to retain and attract global talent, ByteDance has announced an increase in salaries and enhanced incentives for its employees.
Swiggy's Instamart launches physical store in Gurugram
Swiggy's quick commerce division, Instamart, has launched a physical experiential store in Gurugram, according to media reports.
Navi Mumbai airport to offer free Wi-Fi, digital communication system
Navi Mumbai International Airport Ltd (NMIAL), in which the Adani Group holds a 74% stake, will launch a digital-first passenger communication system with free high-speed Wi-Fi on December 25.
Why H-1B visa holders are facing delays in US entry
US companies are scrambling to bring back employees stranded in India amid delays in visa stamping.
Primary market set for busy week with 11 IPO openings
The primary market is gearing up for a busy week, with 11 new public issues set to open for subscription.
Over 11L small businesses secure ₹7.5L crore in government orders
The Government e-Marketplace (GeM) has become a major driver of inclusive public procurement, with over 11.25 lakh Micro and Small Enterprises (MSEs) securing government orders worth ₹7.44 lakh crore.The data was released by the Ministry of Commerce and Industry.
TCS, Infosys lead gains as 6 top firms add ₹75,000cr
The combined market capitalization of six out of the top 10 most valued companies in India rose by ₹75,256.97 crore last week.
India's dependence on coal to drop from 70% to 30%
India's dependence on coal for its energy needs is set to decline significantly over the coming three to four decades, experts have predicted.
Delhi's EV policy framework ready, to be released next fiscal
The Delhi government has announced a comprehensive framework for an electric vehicle (EV) policy.
India to become 3rd largest economy by 2027
Union Minister Jyotiraditya Scindia has said that India will surpass Germany and become the world's third-largest economy by the end of 2027.
Musk is the first individual to surpass $700B net worth
Elon Musk has made history by becoming the first person ever to cross a net worth of $700 billion.
MCD fines construction sites ₹34L for violating pollution control rules
The Municipal Corporation of Delhi (MCD) has imposed fines totaling ₹33.95 lakh on various construction sites in the last week.
UltraTech Cement slapped with ₹800cr tax notice
India's largest cement maker, UltraTech Cement, has been slapped with a Goods and Services Tax (GST) demand notice of around ₹782.2 crore.
Indian firm fines employees ₹500 for not wearing 'traditional' attire
An Indian company has sparked a debate on social media after it was revealed that the firm is fining employees for not wearing traditional attire on Fridays.
Why are jewelry stocks underperforming despite gold's price surge?
Jewelry stocks in India have been unable to match the meteoric rise in gold prices, which have surged over 70% in a year.
China's rare-earth magnet exports surge in November
China's exports of rare-earth magnets, critical components for weapons, cars, and phones, reached the second-highest level on record in November.
Piyush Goyal to visit Brussels for India-EU trade pact talks
Commerce and Industry Minister Piyush Goyal will be in Brussels on January 8-9, 2025.
ED raids Dream11's office in ₹2,400cr money laundering probe
The Enforcement Directorate (ED) has launched a major investigation into a money laundering case involving ₹2,434 crore.
Google Cloud secures $10B deal with a cybersecurity giant
Google Cloud, a subsidiary of Alphabet, has signed an expanded partnership with cybersecurity firm Palo Alto Networks.
ADB to invest $4.3B in India across 16 projects
The Asian Development Bank (ADB) has announced a major investment of $4.258 billion in India for the year 2025.
IndiGo to compensate passengers with ₹10,000 vouchers from December 26
IndiGo will start compensating passengers affected by the massive flight disruptions earlier this month, starting December 26.
IIM Nagpur, ONGC Green join forces for renewable energy research
The Indian Institute of Management Nagpur (IIM-N) and ONGC Green Limited have entered into a strategic partnership to conduct research in the field of green and future energy.
Reliance shares rise 28% this year: Time to book profits?
Reliance Industries Limited (RIL) has emerged as a star performer in the Indian stock market, with its shares surging by 28% year-to-date on the Bombay Stock Exchange (BSE).
How SEBI plans to boost participation in commodity trading
The Securities and Exchange Board of India (SEBI) is working with the Goods and Services Tax (GST) Council to address GST-related issues in commodity trading.
SoftBank's $22.5B OpenAI funding commitment: How will it be fulfilled?
SoftBank Group is racing to fulfill its $22.5 billion funding commitment to OpenAI by the end of 2025.
Starbucks appoints Amazon's Anand Varadarajan as new CTO
Starbucks has announced the appointment of Anand Varadarajan as its new Chief Technology Officer (CTO), effective January 19.
OpenAI seeks $100B in funding, eyeing $830B valuation
OpenAI, the company behind ChatGPT, is reportedly looking to raise up to $100 billion in a funding round. If successful, this could value the company at as much as $830 billion.
Sony acquires iconic Peanuts franchise for $450M
Sony has acquired a majority stake in the Peanuts franchise, including iconic characters like Snoopy and Charlie Brown.
Visa, Mastercard to pay $168M to settle ATM fee lawsuit
Visa and Mastercard have agreed to a combined settlement of $167.5 million in a class-action lawsuit. The companies were accused of colluding to keep ATM access fees high.
Fortis acquires People Tree Hospital in Bengaluru for ₹430cr
Fortis Healthcare has announced its decision to acquire Bengaluru's People Tree Hospital for ₹430 crore.
BGMI parent sets up $670M fund to invest in India
Krafton, the South Korean gaming giant behind popular titles like PUBG and Battlegrounds Mobile India (BGMI), is launching a growth investment fund focused on India.
US criticizes India, EU over stalemate in trade talks
US Trade Representative Jamieson Greer has criticized the European Union (EU) and India for their lack of progress in trade negotiations.
India's VIX nears 52-week low: What it means for market
India's Volatility Index (VIX), a key measure of market sentiment, came close to its 52-week low this week.
Netflix acquires avatar maker Ready Player Me for gaming expansion
In a major shift in its gaming strategy, Netflix has announced the acquisition of Ready Player Me, an Estonia-based avatar-creation platform.
AI pioneer Yann LeCun launches new start-up, seeks $3.5B valuation
Yann LeCun, a prominent figure in the field of artificial intelligence (AI), has officially announced his latest venture: Advanced Machine Intelligence Labs (AMI Labs).
Why Google has sued web scraper SerpApi
Google has filed a lawsuit against SerpApi, a company that provides tools to scrape content from the internet, including Google's search results.