Business News
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Meta lays off 8,000 employees to focus on AI
Meta Platforms has confirmed plans to lay off nearly 8,000 employees or about 10% of its workforce.
PPF v/s FD: Which is better for long-term investment?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Planning to take a business loan? Read this first
Navigating the world of business loans can be tricky, especially for first-time entrepreneurs in India.
Convertible securities: All about this unique investment opportunity
Convertible securities provide a unique investment opportunity, allowing investors to convert bonds or preferred shares into a predetermined number of common shares.
India on verge of signing its biggest-ever defense deal
India and Germany are on the verge of finalizing an $8 billion submarine deal, German Defense Minister Boris Pistorius has announced.
RBI plans new wallets for foreign visitors, travel, gifting
The Reserve Bank of India (RBI) has proposed a new category of prepaid payment instruments (PPIs) in its latest draft paper.
India's ultra-rich population surges; billionaires to rise 51% by 2030
India's ultra-wealthy population is growing at a rapid pace. The country has now become the sixth-largest in terms of ultra-high net worth individuals (UHNWI), according to a Knight Frank report.
India's private sector growth accelerates in April
India's private sector activity gained momentum in April, with a strong performance from the manufacturing sector.
Number of billionaires to reach 4,000 in next 5 years
The global billionaire population is projected to hit nearly 4,000 by 2031, according to a report by estate agent Knight Frank.
Amazon India invests ₹2,800cr to scale quick commerce, logistics
Amazon India has announced a massive investment of ₹2,800 crore (nearly $300 million) to boost its infrastructure and operations across the country.
Bikaji founder Shiv Ratan Agarwal passes away at 74
Shiv Ratan Agarwal, the Chairman and Managing Director of Bikaji Foods International Ltd, has passed away in Chennai. He was 74 years old.
Sensex crashes 1,600 points in 2 days: What's hurting markets?
The Indian stock market has been on a downward spiral for the past two sessions, with the Sensex and Nifty 50 crashing by nearly 1,600 points or almost 2%.
Slice seeks $100M funding to expand physical and digital presence
Bengaluru-based fintech firm Slice is in advanced talks to raise between $80 million and $100 million in a new funding round.
Nintendo faces lawsuit as customers demand tariff refund share
A class action lawsuit has been filed against Nintendo of America, demanding the gaming giant pass on the money it expects to receive from tariff refunds.
Tesla triples spending to $25B for AI, robotics push
Tesla has announced a massive increase in its capital expenditure (capex) for 2026, with plans to spend $25 billion.
Petrol, diesel may jump ₹25-28/liter after elections: Report
Petrol and diesel prices in India could see a major spike after the ongoing Assembly elections end on April 29.
Gold, silver extend losses amid oil price surge, risk-on sentiment
Gold and silver prices have witnessed a dip in early trade today. The decline is mainly due to the easing geopolitical tensions after the US-Iran ceasefire extension, which has reduced the demand for safe-haven assets.
Oil prices surpass $100 as US-Iran peace talks remain stalled
Oil prices have witnessed a surge for the fourth consecutive day, as peace negotiations between the US and Iran remain stalled.
This billionaire backed Trump's crypto firm. Now he's suing it
Justin Sun, a billionaire investor and cryptocurrency advocate, has filed a lawsuit against World Liberty Financial (WLFI), the crypto venture co-founded by US President Donald Trump and his son Eric Trump.
Who is Dan Shapero, LinkedIn's new CEO?
Microsoft has announced the appointment of Dan Shapero as the new Chief Executive Officer (CEO) of LinkedIn.
Sensex, Nifty decline as crude tops $100 amid US-Iran tensions
India's benchmark stock market indices opened lower on Thursday, following a spike in crude oil prices.
Gates Foundation to cut 20% of staff by 2030
The Bill & Melinda Gates Foundation has announced plans to cut up to 20% of its workforce by 2030.
Why Tesla's battery business is suddenly slowing down
Tesla's battery business, a key revenue driver for the electric vehicle (EV) maker, has hit a rough patch.
Indian e-commerce stocks: All about this investment option
Investing in Indian e-commerce stocks can be a profitable opportunity, given the booming online retail market.
Google signs multi-billion dollar deal with Mira Murati's AI start-up
Thinking Machines Lab, the AI start-up founded by ex-OpenAI executive Mira Murati, has signed a major multi-billion-dollar deal with Google.
Modi government wants these states to cut VAT on ATF
The Civil Aviation Ministry is in talks with the Delhi, Tamil Nadu, West Bengal, and Maharashtra governments to cut value added tax (VAT) on aviation turbine fuel (ATF).
India's Q1 housing sales down 4%: What's the reason?
The ongoing slowdown in information technology (IT) hiring and layoffs is beginning to affect India's housing market.
Why Zerodha has shut down its 'Zero1' program
Leading Indian discount broker Zerodha has announced the discontinuation of its Zero1 initiative.
India aims to outpace China in green hydrogen production
India is targeting to produce five million metric tons of green hydrogen annually by 2030.
Apple still takes App Store guidelines for external payments seriously
Apple has removed the MyFitnessPal-owned Cal AI food-logging app from its App Store, TechCrunch reported.
New online gaming rules from May 1: What has changed?
The Ministry of Electronics and Information Technology (MeitY) has announced a new regulatory framework for online gaming.
Modi government now allows ethanol blending in aviation turbine fuel
In a major push toward cleaner and alternative energy sources for aviation, the Ministry of Petroleum and Natural Gas has amended the rules governing aviation turbine fuel (ATF).
KKR captain Ajinkya Rahane joins footwear brand Chupps as investor
Cricketer Ajinkya Rahane, the captain of Kolkata Knight Riders, has invested in Mumbai-based open footwear brand Chupps. The investment value remains undisclosed.
India's fiscal deficit may hit 4.5% of GDP
India's fiscal deficit is projected to exceed the budgeted target, hitting 4.5% of GDP, research firm BMI said.
Tech Mahindra's Q4 profit rises 16% YoY to ₹1,354cr
Tech Mahindra, a leading IT services company, has reported a strong financial performance for the March quarter.
Is ₹1cr enough for you to retire in 2046?
The magic number of ₹1 crore has long been the gold standard for retirement planning in India.
Dunzo's Kabeer Biswas raises ₹102cr for new AI start-up
Kabeer Biswas, the former co-founder of Dunzo, is raising ₹102 crore (about $11 million) for his new start-up 'M.' The company has already received nearly $9 million and expects the remaining funds soon.
This IIM-B grad is driving OpenAI's enterprise sales in India
Nitin Bawankule, a seasoned sales leader from Mumbai, has been appointed as the Head of Enterprise Sales for India at OpenAI.
How Amazon will stop sale of fake products in India
E-commerce giant Amazon is intensifying its efforts to fight against the sale of counterfeit products in India.
OpenAI plans to invest $1.5B in DeployCo: What is it?
OpenAI, the company behind ChatGPT, is planning to invest up to $1.5 billion in a new joint venture with private equity firms.