Business News
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Urban Company reports ₹21cr loss despite 33% revenue growth
Urban Company has reported a net loss of ₹21.05 crore for the third quarter (Q3) of FY26.
FedEx to cut 500 jobs in France amid $91M restructuring
FedEx has announced a major restructuring of its operations in France.
₹16 trillion erased: What's behind India's stock market meltdown?
The Indian stock market has witnessed a major rout this week, with the BSE Sensex and NSE Nifty declining by nearly 2% in the last five trading sessions.
Budget 2026: FY27 fiscal deficit likely to remain at 4.4%
The upcoming Union Budget for 2026 is likely to maintain the fiscal deficit at 4.4% of GDP for FY27, according to a report by Nuvama.
Adani Group takes full ownership of IANS
Billionaire Gautam Adani's conglomerate has acquired the remaining 24% stake in Indo-Asian News Service (IANS), a leading multi-language news agency in India.
Vimeo lays off 'large portion' of staff
Vimeo, the popular video-hosting platform, is laying off employees worldwide.
Paytm shares crash 10% today: What's behind the fall?
Shares of One97 Communications, the parent company of digital payment platform Paytm, witnessed a steep decline today.
SEBI accuses EY, PwC executives of insider trading
The Securities and Exchange Board of India(SEBI) has accused current and former executives at the local units of PricewaterhouseCoopers (PwC) and Ernst & Young (EY) of violating insider trading regulations.
Meta wants to limit evidence against it in child-safety case
Meta, the parent company of Facebook and Instagram, is facing a trial in New Mexico over allegations of failing to protect children from sexual exploitation on its platforms.
Indian rupee weakens to lifetime low, trades near 92/dollar
The Indian rupee hit a new all-time low of 91.93 against the US dollar on Friday.
Google acquires voice start-up Hume AI to enhance Gemini
Google DeepMind has signed a licensing deal with Hume AI, licensing its emotion-sensing voice technology and top talent.
Adani stocks crash amid fresh trouble in US bribery case
Adani Group stocks witnessed a major crash, falling as much as 11%, after the US Securities and Exchange Commission (SEC) sought court approval to email summonses to billionaire Gautam Adani and his son Sagar Adani.
India-EU trade deal likely to be finalized on January 27
India and the European Union (EU) are likely to announce the conclusion of their long-running free trade pact negotiations on Tuesday.
Sensex plunges 750 points: What is dragging stock market down?
The Indian stock market witnessed a major downturn on Friday, with the benchmark indices Sensex and Nifty falling sharply.
IndiGo reviews internal processes after disruptions as profits plunge 78%
IndiGo, India's leading airline, is conducting a thorough review of its internal processes.
What middle-class India expects from Budget 2026
As the Union Budget 2026-27 draws near, tax experts are hoping for significant relief for middle-class taxpayers.
Juspay raises $50M, turns unicorn with $1.2B valuation
Juspay, a leading payments infrastructure company, has raised $50 million in a Series D follow-on round led by WestBridge Capital.
Apple expands John Ternus's role, signaling potential CEO succession
Apple has expanded the role of its hardware chief, John Ternus, to include design work.
Infosys to hire 20,000 graduates amid global tech layoffs
Infosys, one of India's leading IT services companies, has announced its plan to hire 20,000 college graduates in the fiscal year 2027.
Gold, silver, platinum hit record highs: What's driving the surge?
Gold, silver, and platinum have all hit record highs on Friday. Gold surged to $4,966.59 per ounce, while silver and platinum jumped to a record high of $97.44 and $2,684.43 per ounce, respectively.
Google and Epic's secret $800M deal surfaces in antitrust trial
Google and Epic Games have signed a secretive $800 million deal, The Verge reported.
US economy grows 4.4%, strongest expansion in two years
The US economy has witnessed its fastest growth in two years, with a 4.4% annualized expansion rate in the third quarter of 2025.
Amazon prepares for another round of layoffs
Amazon is gearing up for another round of layoffs, with plans to start as soon as next week, according to Bloomberg.
India's global turnover penalty law unconstitutional, Apple says before HC
Apple has challenged the constitutionality of a provision in the Competition Act, 2002, before the Delhi High Court.
Trump sues JPMorgan and its CEO for $5B
Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its CEO, Jamie Dimon.
Trump-backed investors will now run TikTok's US operations
The US and China have finalized a deal that transfers control of TikTok's American operations to a group of investors backed by President Donald Trump.
35 % of NSE stocks hit 52-week lows
The ongoing market correction, which started at the beginning of 2026, has pushed over one-third of the stocks listed on India's National Stock Exchange (NSE) to their 52-week lows.
Anant Ambani's ₹14cr Vantara watch has everyone talking
Luxury watchmaker Jacob & Co has unveiled a unique timepiece, the Opera Vantara Green Camo, in honor of Anant Ambani and his wildlife conservation initiative, Vantara.
$950B and counting: India's young founders outpace Switzerland's economy
India's economic landscape is being reshaped by a new wave of entrepreneurs under the age of 40.
Budget 2026: Will smartphones get costlier after February 1?
As the Union Budget nears, consumers and industry experts are left wondering if smartphone prices will rise or fall.
Trump's credit card rate cap would be 'disaster': JPMorgan CEO
Jamie Dimon, the CEO of JPMorgan Chase, has warned that President Donald Trump's proposal to cap credit card interest rates at 10% would be an "economic disaster."
Entrepreneur behind Theranos scandal urges Trump for early prison release
Elizabeth Holmes, the former CEO of Theranos, has requested an early release from her prison sentence.
Budget 2026: Agri industry urges sustainable policies, food security focus
As the Union Budget approaches, industry leaders from agriculture, nutrition and fertilizer sectors are calling for policy measures that prioritize sustainability and long-term food security.
EPFO 3.0 overhaul to bring new portal, AI features
The Employees's Provident Fund Organisation (EPFO) is gearing up for a major transformation with the introduction of EPFO 3.0.
How AI data center boom is threatening auto supply chains
The automotive industry is facing a new threat to its supply chain, thanks to the rapid expansion of artificial intelligence (AI) data centers.
Ryanair CEO dismisses Musk takeover talk amid Starlink spat
Ryanair's CEO Michael O'Leary has dismissed Elon Musk's interest in acquiring the budget airline.
Deepinder Goyal forgoes ₹1,000cr ESOPs as he exits Eternal
Deepinder Goyal, the billionaire founder of Eternal, has decided to forfeit over ₹1,000 crore worth of unvested employee stock options (ESOPs) as he steps down from his role as Group CEO.
Air India expects $1.6B loss after deadly Ahmedabad crash
Air India, a joint venture between Tata Group and Singapore Airlines, is expected to report a record annual loss of at least ₹150 billion ($1.6 billion) for the fiscal year ending March 31.
Goldman Sachs predicts gold at $5,400 by 2026 end
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from the previous estimate of $4,900/oz.
Pollution, not tariffs, is India's biggest economic risk: Gita Gopinath
Gita Gopinath, a Harvard University professor and former chief economist of the International Monetary Fund (IMF), has warned that pollution is costing India more than any tariffs imposed on it.