Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Instagram co-founder Mike Krieger to lead Anthropic's AI incubator
Anthropic, a leading artificial intelligence (AI) company, has appointed Mike Krieger, the co-founder of Instagram, as the co-leader of its Labs incubator.
Unacademy to close offline centers, shift to franchise model
Unacademy, a leading edtech firm backed by Temasek, is planning to shut down its company-operated offline centers and transition to a franchise model.
Infosys Q3 profit dips 2.2% to ₹6,654cr, misses estimates
Infosys has reported a net profit of ₹6,654 crore for the third quarter of FY26—a marginal 2.2% decline from last year and lower than analyst expectations.
Netflix weighs all-cash bid to clinch Warner Bros takeover battle
Netflix is considering a revised bid strategy to acquire Warner Bros. Discovery Inc.'s studios and streaming businesses, according to Bloomberg.
Groww Q3 profit drops 28% YoY to ₹547cr
Billionbrains Garage Ventures, the parent company of online investment platform Groww, has reported a 28% year-on-year decline in net profit for the third quarter of FY26.
TCS, AMD join hands to scale enterprise AI solutions
Tata Consultancy Services (TCS) has announced a strategic partnership with US chipmaker Advanced Micro Devices (AMD).
Vedanta shares hit all-time high today: Here we decode why
Shares of mining giant Vedanta have hit an all-time high, extending their winning streak to the fourth consecutive session.
Silver prices soar past $90/ounce for first time ever
Silver prices have hit a new high, crossing the $90 per ounce mark for the first time in history.
Tech companies cut 245,000 jobs in 2025 amid AI push
The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.
This start-up says it has reinvented a 100-year-old technology
Ammobia, a start-up, is significantly improving the production of ammonia, a key ingredient in fertilizers and other industries.
TCS's workforce shrinks by 30,000 in 2 quarters
Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.
Bharat Coking Coal IPO allotment today: How to check status
The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of Coal India, has been oversubscribed by nearly 147 times.
India's wholesale inflation rises to 8-month high of 0.83%
India's wholesale price inflation has risen to an 8-month high of 0.83% in December, marking an increase from November's contraction of 0.32%.
US eases path for NVIDIA's AI chip sales to China
The US Department of Commerce has eased its stance on artificial intelligence (AI) chip exports to China.
China's trade surplus hits record $1.1 trillion despite US tariffs
China has posted a record trade surplus of $1.189 trillion in 2025, defying the renewed tariff pressures from the US under President Donald Trump.
Meta cuts 1,000+ jobs at metaverse unit amid wearables push
Meta is set to lay off over 1,000 employees from its Reality Labs division. The layoffs will mostly affect teams working on virtual reality products.
Taiwan issues arrest warrant for OnePlus CEO: Here's Why
Authorities in Taiwan have issued an arrest warrant for Pete Lau, the CEO of Chinese smartphone brand OnePlus.
Meta to reward top performers with up to 300% bonuses
Meta, the parent company of Facebook and Instagram, is revamping its employee performance review system.
OYO, Razorpay backer Lightspeed to launch new India-focused fund
Lightspeed India Partners, a prominent early-stage investor in companies like OYO and Razorpay, is gearing up to launch its next fund focused on India and Southeast Asia in 2026.
Why India's basmati rice exports to Iran is down
Civil unrest in Iran is affecting India's basmati rice exports to the country, an industry body has said.
Flipkart-backed Shadowfax to launch ₹1,900cr IPO next week
Shadowfax, a leading logistics services provider backed by Flipkart, is gearing up to launch its initial public offering (IPO) next week.
Alphabet hits $4T valuation after Apple picks Gemini for Siri
Google's parent company, Alphabet, has hit a major financial milestone by hitting a $4 trillion valuation for the first time.
Why India's auto stocks are falling for fifth straight day?
Shares of Indian automakers and auto-parts makers have witnessed a decline, marking the fifth consecutive session of losses.
India's electronics and IT to generate $1T revenue by 2030
India's electronics industry, which generated $125 billion in revenue last year, is expected to grow at a compounded annual growth rate of 32%, according to the Ministry of Electronics and Information Technology (MeitY).
Blinkit drops 10-minute delivery commitment in India
Blinkit, a leading player in the quick commerce space, is set to ditch its "10-minute delivery" branding.
Sensex tumbles over 600 points: What's behind today's market crash
India's benchmark equity indices continued their downward trend on Tuesday.
Why Bloomberg has delayed Indian bonds' inclusion in global index
Bloomberg Index Services has delayed the inclusion of Indian bonds in its Global Aggregate Index.
Fired Rockstar employees denied interim pay by UK tribunal
A UK employment tribunal has rejected a request for interim pay from fired Rockstar Games employees, while they await a full hearing regarding their dismissal.
Who is Dina Powell McCormick, Meta's new President
Meta has announced the appointment of Dina Powell McCormick as its new President and Vice Chairman.
Amagi Media Labs IPO now open: Should you subscribe?
Amagi Media Labs, a Bengaluru-based company specializing in cloud-based broadcast and connected TV technology, has launched its initial public offering (IPO) today.
How Trump's 25% tariff on Iran trade affect India
US President Donald Trump has announced a 25% tariff on all business transactions with Iran's trade partners.
Silver overtakes NVIDIA to become world's second most valuable asset
Silver has surpassed NVIDIA in market capitalization, becoming the second-most valuable asset globally, after gold.
Why Paramount is suing Warner Bros. Discovery
Paramount has filed a lawsuit against Warner Bros. Discovery (WBD) after the latter's agreement with Netflix.
Last chance to buy Kotak Bank shares before 5:1 split
Kotak Mahindra Bank is splitting its shares in a 5:1 ratio. The record date for this corporate action is set as January 14, 2026.
Meta to lay off 1,500 employees from Reality Labs team
Meta is reportedly planning to lay off around 10% of its Reality Labs division, a move that will affect some 1,500 employees.
Meta appoints Dina Powell McCormick as its 1st-ever president
Meta has appointed Dina Powell McCormick, a former Goldman Sachs executive, as its first-ever President and Vice Chairman.
India invited to join Pax Silica Alliance: What is it?
India will be invited to join the Pax Silica Alliance as a full member next month, said Sergio Gor, the US Ambassador to India.
IHCL secures sound mark registration for 'Taj': What's so special?
The Indian Hotels Company Limited (IHCL), owned by Tata Group, has become the first company in India's hospitality sector to secure a sound mark registration.
Apple dethrones Samsung as top smartphone brand after 14 years
Apple has overtaken Samsung to become the world's leading smartphone brand in 2025, according to a report by Counterpoint Research.
US-India trade deadlock could cost thousands of jobs, expert warns
Market expert Ajay Bagga has warned that the stalled trade talks between India and the United States could lead to job losses in several sectors.