Business News
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Furniture rental start-up Rentomojo gears up for ₹1,200cr IPO
Furniture rental start-up Rentomojo is gearing up for an initial public offering (IPO) in the fiscal year 2027.
Zomato raises platform fee by 20% amid rising fuel costs
Zomato, the food delivery service owned by Eternal Ltd, has increased its platform fee from ₹12.5 to ₹14.9 per order.
US-Iran war fuels stagflation fears: What is it?
Top central banks across the world are sounding alarms over rising stagflation risks. The warning comes as the ongoing US-Iran war disrupts critical energy infrastructure and pushes oil prices higher.
AI could displace 300M jobs globally, Goldman Sachs warns
Goldman Sachs has warned that artificial intelligence (AI) could disrupt as many as 300 million jobs worldwide over the next decade.
Tesla bets $2.9B on Chinese gear for Musk's solar target
Tesla is planning to buy solar panel and cell manufacturing equipment worth $2.9 billion from Chinese suppliers, according to Reuters.
Premium petrol gets costlier by ₹2.3 per liter
The price of premium petrol has been raised by ₹2.3 per liter across India.
India's top private bank enters bear zone: Buy or wait?
HDFC Bank's shares have been on a downward spiral, falling another 4.4% this week after a 4.7% decline last week.
India's aviation maintenance industry set to hit $5.7B by 2030
India's aviation maintenance, repair, and overhaul (MRO) industry is set for unprecedented growth.
Flipkart CFO Sriram Venkataraman quits amid IPO preparations
Sriram Venkataraman, the Group Chief Financial Officer (CFO) of Flipkart, is set to step down from his position.
Oil stocks gain as crude prices ease; Reliance jumps 3%
Shares of Oil Marketing Companies (OMCs) and other oil & gas stocks surged by up to 3.5% in Friday's trade. The rally was driven by easing crude oil prices and a broader market rebound.
Unilever in talks to sell food business to McCormick
Unilever, the multinational consumer goods company, is in talks with US-based spice maker McCormick & Company for a possible sale of its food division.
Goldman Sachs to begin job cuts in April
Goldman Sachs, the renowned Wall Street bank, is gearing up for a series of job cuts starting next month, according to Business Insider.
Uber to invest $1.25B in Rivian's robotaxi rollout
Uber has announced a major partnership with electric vehicle manufacturer Rivian to deploy 50,000 fully autonomous robotaxis over the coming decades.
Apple makes $900M from generative AI apps on App Store
Apple's App Store has witnessed a significant revenue boost, thanks to the growing popularity of generative AI apps.
Amazon buys start-up behind stair-climbing delivery robots
Amazon has acquired Zurich-based autonomous robotics start-up Rivr, a company known for its innovative stair-climbing delivery robot.
HDFC Bank gets 'buy' rating, brokerages see 55% upside
HDFC Bank's stock has remained a hot topic among brokerages, with several maintaining their bullish stance even after the sudden resignation of part-time chairman Atanu Chakraborty.
Sensex gains over 900 points: What's behind today's rally?
The Indian equity benchmarks, Sensex and Nifty, have staged a comeback after yesterday's major slump.
Indian rupee in free fall, breaches 93/$ for first time
The Indian rupee has hit a record low, falling to 93.24 against the US dollar on March 19.
Oil prices ease on de-escalation signals but still above $100
Oil prices fell on Friday after Israeli Prime Minister Benjamin Netanyahu announced that his country would no longer target Iran's energy infrastructure.
Why oil prices could stay elevated for years
Goldman Sachs has warned that the risks to oil prices remain tilted toward the upside in the near term and into 2027.
Gold, silver prices rebound sharply after major correction
Gold and silver prices have witnessed a rebound in early Friday trading session.
Jack Dorsey-led Block rehires some employees following 4,000+ layoffs
Block has rehired a few of its employees who were laid off in February. The rehired employees come from different departments such as engineering and recruiting.
US-Iran war makes bottled water costlier in India
The ongoing conflict in Iran has led to an 11% increase in the price of bottled water in India.
Centre launches ₹500cr relief scheme as US-Iran war disrupts exports
The ongoing conflict in West Asia has resulted in major shipment delays for Indian exporters.
UK wage growth slows to lowest in over 5 years
The UK's wage growth has slowed down sharply, hitting its lowest in over five years.
Google's Sergey Brin spends $45M to fight California's billionaire tax
Google co-founder Sergey Brin has further bolstered his financial support against a proposed wealth tax in California.
Dhurandhar 2 buzz puts PVR Inox stock into spotlight
The Indian multiplex industry is witnessing a major shift, thanks to the highly-anticipated Ranveer Singh starrer, Dhurandhar: The Revenge.
Tamil Nadu becomes India's top textile exporter
Tamil Nadu has dethroned Gujarat and Maharashtra to become India's top textile exporter.
8th Pay Commission extends questionnaire deadline to March 31
The 8th Pay Commission has extended the deadline for its 18-point questionnaire to March 31, 2026.
HDFC Bank loses ₹1T market value after chairman's shocking exit
HDFC Bank's stock price took a major hit today, falling 8% to a 52-week low of ₹772 on the BSE.
LNG stocks slide as Iran strike hits Qatar gas hub
Shares of Petronet LNG and GAIL (India) have witnessed a sharp decline of up to 5.85% on the National Stock Exchange (NSE).
India, Russia working on free trade deal: What's on agenda?
India and Russia are working on a free trade agreement, Sergey Glazyev, the State Secretary of the Union State of Russia and Belarus, said.
Realty stocks tank 4% amid rising oil prices, inflations fears
Shares of leading Indian real estate companies, including Godrej Properties, DLF, Brigade Enterprises, and Lodha, have witnessed a decline of up to 4% today.
CBI to grill Anil Ambani in RCom loan fraud case
Anil Ambani will appear before the Central Bureau of Investigation (CBI) on March 19 and 20.
RBI backs HDFC Bank after chairman quits over ethics
The Reserve Bank of India (RBI) has said there are "no material concerns" over HDFC Bank's conduct or governance.
Nazara buys 50% stake in Spanish gaming firms for $100M
Nazara Technologies has announced its acquisition of two Spain-based casual and social gaming start-ups, Bluetile Games and Bestplay Systems.
Gold prices fall for sixth consecutive day: Here's why
Gold prices have witnessed a decline in the early Asian session on Thursday, falling below $4,850.
HSBC plans to lay off 20,000 employees in AI-led overhaul
HSBC is contemplating a major job cut over the coming years as part of an AI-led overhaul strategy.
Fed holds interest rates as US-Iran war fuels inflation fears
The US Federal Reserve has decided to keep its benchmark interest rate unchanged at 3.5%-3.75%.
Crude oil prices surge to $112 as US-Iran war escalates
Crude oil prices have witnessed a sharp spike, rising as much as 5% on Thursday to over $112 per barrel.