Business News
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16 hours a day on Instagram isn't addiction: Adam Mosseri
Adam Mosseri, the head of Instagram, has defended his platform against allegations of causing mental health issues in minors.
SoftBank posts $1.6B quarterly profit as OpenAI bet pays off
Japan's SoftBank Group has reported a net profit of 248.6 billion yen ($1.62 billion) for the October-December quarter, its fourth consecutive quarterly profit.
Google offers exit packages to staff not embracing AI
Google has announced a voluntary exit package (VEP) for employees in its global business organization (GBO).
Gold prices fall as US payroll data reduces rate-cut hopes
Gold prices have witnessed a decline after the US non-farm payroll data for January came out stronger than expected.
Adani Power enters nuclear energy with new subsidiary
Adani Power has announced the establishment of a new atomic energy division, Adani Atomic Energy Limited.
US hiring collapses to 181,000 in 2025, down 88% year-on-year
The US economy saw a meager job growth in 2025, with only 181,000 jobs added during the year.
Flipkart plans food delivery to break Zomato-Swiggy duopoly
Walmart-owned e-commerce giant Flipkart is planning to enter the highly competitive online food delivery market.
OpenAI disbands team working on AI safety
OpenAI has disbanded its Mission Alignment team, which was dedicated to ensuring the safety, trustworthiness, and alignment of its artificial intelligence (AI) systems with human values.
IT stocks fall 5% as AI fears rattle Infosys, TCS
Shares of Indian IT companies witnessed a sharp decline on February 12. The fall was in line with their Wall Street counterparts and was triggered by fears of AI-led disruptions.
Lenskart shares jump 10% as Q3 profit surges 6,800%
Lenskart shares have jumped over 10%, trading at around ₹517 per share today.
Why SEBI is launching a dedicated digital portal for SMEs
The Securities and Exchange Board of India (SEBI) is planning to launch a dedicated digital portal for small and medium enterprises (SMEs).
UBS's new GCC in Hyderabad to create 3,000 jobs
Swiss banking giant UBS has opened a new Global Capability Center (GCC) in Hyderabad.
SBI overtakes TCS to become India's 4th-largest company by m-cap
The State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become the fourth-largest Indian company in terms of market capitalization.
From groceries to OTT: How India is reshaping inflation basket
India's Consumer Price Index (CPI) is getting a major update.
How Coca-Cola plans to scale its Indian business in 2026
The Coca-Cola Company, a $330 billion beverage giant, is betting big on the Indian market.
Paramount amends bid to stop Netflix-Warner Bros deal: What's changed?
Paramount has intensified its hostile takeover bid for Warner Bros. Discovery (WBD), in a bid to thwart the latter's impending acquisition by Netflix.
Why Rapido's founders have given up their 'promoter' status?
The three co-founders of ride-hailing platform Rapido: Aravind Sanka, Pavan Guntupalli and Rishikesh S R, have given up their promoter tags.
Amul launches AI app to assist women dairy farmers
Amul, India's leading dairy cooperative, has launched an artificial intelligence (AI) platform called "Sarlaben."
M&M's Q3 results: Net profit jumps 33% YoY to ₹3,931cr
Mahindra and Mahindra (M&M) has reported a 32.6% year-on-year increase in its standalone net profit for the December quarter.
Ford reports $8.2B net loss as EV business bleeds $4.8B
Ford has reported a staggering net loss of $8.2 billion for the year 2025, its worst annual earnings in four years and the largest since the 2008 recession.
Who is Leslie Wexner, billionaire named co-conspirator in Epstein scandal
Leslie Wexner, the founder of L Brands and the man behind Victoria's Secret, has been suggested as a co-conspirator of Jeffrey Epstein in recently unredacted documents.
Gold, silver ETF assets surge 200% since August, cross ₹3T
The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) have hit a new high of over ₹3 lakh crore in January 2026.
Heineken to cut 6,000 jobs amid declining beer demand
Heineken, the world's second-largest brewer by market value, has announced plans to cut up to 6,000 jobs globally.
Airtel's latest AI tool will protect you from OTP-related frauds
Telecom giant Airtel has launched an artificial intelligence (AI)-powered tool to protect its customers from the growing threat of one-time password (OTP)-related bank frauds.
Boston Dynamics CEO steps down after 3 decades at company
Boston Dynamics, the Massachusetts-based robotics company famed for its four-legged robots and humanoids, is witnessing a major leadership transition.
US updates India trade document: Check what has changed
The White House has updated its Fact Sheet on the India-US trade deal, removing "certain pulses" and softening India's $500 billion purchase commitment to an "intention."
IndiGo shares jump as airline complies with pilot duty rules
IndiGo, India's largest airline, has announced its full compliance with the updated Flight Duty Time Limitations (FDTL) regulations.
Nationwide bank strike tomorrow: These services may be impacted
Major bank unions across India have announced a nationwide strike tomorrow i.e. February 12.
Modi government might sell 5% stake in BHEL for ₹4,500cr
The Indian government is planning to divest up to a 5% stake in Bharat Heavy Electricals Limited (BHEL) through an Offer for Sale (OFS).
Are '30 Under 30' awards actually credible?
The credibility of the "30 Under 30" title has come under scrutiny, following a viral post by Indian entrepreneur Shubham Mishra.
How Modi government will tap US agricultural market worth $206B
India is poised to tap into the lucrative $206 billion agricultural import market of the United States by leveraging zero-duty and lower reciprocal tariffs.
NSE hopes Modi government will reconsider STT hike on derivatives
India's leading stock exchange, the National Stock Exchange (NSE), is hopeful that the government will reconsider its decision to raise the securities transaction tax (STT) on index and single-stock futures.
Why Apple is challenging CCI's global turnover penalty rule
Apple has filed a writ petition against the Competition Commission of India (CCI), questioning the constitutional validity of a penalty rule based on global turnover.
Goldman Sachs raises India's GDP growth forecast to 6.9%
Global investment bank Goldman Sachs has revised its growth forecast for India, raising the country's real GDP growth in calendar year 2026 (CY26) by 20 basis points to 6.9%.
Why Bangladesh's zero-duty US access is worrying Indian textile exporters
The recent US-Bangladesh trade agreement has raised concerns among Indian textile exporters.
SIP contributions rise 17% YoY to ₹31,000cr in January
Systematic Investment Plans (SIPs) have shown resilience in the face of market volatility, with monthly contributions remaining consistent at ₹31,002 crore.
ED summons Tina Ambani in money laundering case
The Enforcement Directorate (ED) has summoned Tina Ambani, wife of Reliance Group Chairman Anil Ambani, for questioning in a money laundering case.
Alphabet has announced a 100-year bond sale: Why it matters
Google's parent company Alphabet is gearing up for its biggest-ever borrowing plan, including an unusual 100-year bond.
'Addiction machines': Did Meta, YouTube harm mental health of users?
The owners of Instagram and YouTube are facing allegations of creating "addiction machines" through their platforms.
Adani facing US probe over imports of Iranian oil
The US Treasury Department has sought information from Adani Enterprises over allegations of importing Iranian oil products into India.