Business News
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NVIDIA becomes first company to hit $5 trillion market value
NVIDIA has made history by becoming the first company ever to reach a market capitalization of $5 trillion.
India's top 5 IT companies slashed 7,000 jobs in FY26
India's top five IT companies: Tata Consultancy Services (TCS), Infosys, Wipro, HCLTech, and Tech Mahindra, cut nearly 7,000 jobs in the financial year 2026 (FY26).
How AI is helping Taiwan, South Korea climb global-equity rankings
Taiwan and South Korea have surpassed several European nations in global equity rankings, thanks to the artificial intelligence (AI) boom.
Your British Airways flight might become costlier soon
British Airways' parent company, International Airlines Group (IAG), has warned of possible ticket price hikes due to rising oil prices.
Why EU plans to help with Middle East energy infrastructure
The European Union is considering funding alternative energy routes in the Middle East to avoid conflict zones like the Strait of Hormuz.
Reliance Retail's Q4 results: Revenue up 10.8% to ₹98,232cr
Reliance Retail Ventures Ltd has posted a strong financial performance for the fourth quarter of FY25-26.
Why privatization of ATC services is being opposed in India
The Air Traffic Safety Electronic Personnel Association (India), a body of electronic engineers at the Airports Authority of India (AAI), has strongly opposed the proposed privatization of air traffic control (ATC) services.
Musk has dropped fraud claims against OpenAI and its co-founders
Elon Musk has dropped his fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman.
IndusInd Bank swings back to profit in Q4 FY26
IndusInd Bank has reported a net profit of ₹594.2 crore for the fourth quarter of FY26, significantly higher than the net loss of ₹2,329 crore in the same period last year.
Reliance Industries Q4 results: Net profit down 12.5% to ₹16,971cr
Mukesh Ambani-led Reliance Industries has reported a 12.5% decline in its consolidated net profit for the fourth quarter of FY26.
JioStar posts net profit of ₹3,200cr in FY26
JioStar, the entertainment division of Reliance Industries, has posted a net profit of ₹3,210 crore for the fiscal year ending March 31. The company's financials were revealed in Reliance's quarterly filings.
Sam Altman apologizes to Canadian community for not reporting shooter
Sam Altman, CEO of OpenAI, has apologized to the community of Tumbler Ridge in British Columbia over a mass shooting incident in February.
US government backs xAI in challenge to Colorado AI law
The US Justice Department has intervened in a lawsuit filed by Elon Musk's artificial intelligence (AI) company, xAI.
Domestic help start-up Pronto raising $20M at around $200M valuation
Pronto, an Indian start-up providing on-demand domestic help, is said to be in the final stages of a funding round led by tech investor Lachy Groom.
Why Porsche is selling its stake in Bugatti Rimac
Porsche has announced its decision to exit from Bugatti Rimac and Rimac Group by selling its stakes in both companies.
Palantir is helping Trump's revenue service body investigate financial crimes
Palantir Technologies, a leading data analytics firm, has been assisting the Internal Revenue Service (IRS) in investigating financial crimes.
US Justice Department drops investigation into Fed chair
The US Justice Department has decided to end its investigation into Federal Reserve Chairman Jerome Powell over alleged cost overruns in building renovations.
If you're planning to take a loan, read this
Loan tenure is a critical factor that affects the cost of borrowing and financial planning.
Tech stocks: All about this investment option
India's tech stocks are becoming increasingly popular among global investors, thanks to their potential for high returns and market growth.
RBI cancels Paytm Payments Bank's license, cites 'detrimental' operations
The Reserve Bank of India (RBI) has revoked the banking license of Paytm Payments Bank Limited.
India's quick commerce market to reach $70B by 2030
India's quick commerce (Q-commerce) sector has doubled in size every year for the last two years.
Google Cloud ramps up India investments
Google Cloud CEO Thomas Kurian has revealed that the tech giant is planning to ramp up its investments in India, according to Moneycontrol.
AI-powered credit management platform Oolka raises ₹130cr
Oolka, an AI-powered credit management platform, has raised ₹130 crore in a fresh round of funding led by Accel India.
Mumbai dosa chain Benne in funding talks at ₹350cr valuation
Billionaire investor Ranjan Pai's family office, Claypond Capital, is considering an investment of ₹35-40 crore in Benne, according to Moneycontrol.
UK government urged to cut ties with Palantir
Over 200,000 people have urged the UK government to sever its ties with US tech giant Palantir.
TIME, Reliance to launch 'TIME100 Next India' list
Leading global media company TIME has announced its first-ever international expansion of the TIME100 Next franchise with the launch of TIME100 Next India.
Airlines cut flights as US-Iran war drives up fuel costs
The ongoing conflict in West Asia has severely impacted flight operations, with disruptions becoming more frequent since late February.
Jeff Bezos's AI start-up raises $10B at $38B valuation
Project Prometheus, an artificial intelligence (AI) lab co-led by Amazon founder Jeff Bezos, has raised $10 billion in a new funding round.
Probes into Grok-generated porn could limit xAI's market access: SpaceX
SpaceX has warned that ongoing investigations into sexually abusive AI imagery by its subsidiary, xAI, could impact market access.
Infosys awards CEO Salil Parekh ₹52cr in stock
Infosys, India's second-largest IT services company, has awarded its Managing Director and CEO Salil Parekh stocks worth ₹52 crore for the fiscal year 2026.
Intel shares surge 20% after Q1 earnings beat expectations
Intel's shares surged by a whopping 20% in after-hours trading, following the company's first-quarter earnings report that exceeded Wall Street expectations.
Anthropic hits $1 trillion valuation on secondary markets, surpassing OpenAI
Anthropic, a leading artificial intelligence (AI) company, has seen its valuation skyrocket to an astonishing $1 trillion on secondary markets.
Bob Iger rejoins VC firm Thrive after Disney exit
Bob Iger, the former CEO of Disney, is rejoining Thrive Capital as an advisor.
Sensex plunges over 800 points: What's behind the fall?
The Bombay Stock Exchange's Sensex and National Stock Exchange's Nifty indices witnessed a sharp fall in early trade today.
Warner-Paramount $111B merger gets shareholder approval
Warner Bros. Discovery's shareholders have approved the company's proposed mega-merger with Paramount, a deal worth $81 billion.
Nike announces second layoffs in 4 months, 1,400 jobs cut
Nike has announced a fresh wave of layoffs, impacting some 1,400 employees globally. The majority of the cuts will be from its technology department.
Tesla acquires mysterious AI hardware start-up for $2B
Tesla has disclosed its acquisition of a mysterious artificial intelligence (AI) hardware company for up to $2 billion.
Why gold, silver are falling even as risks rise
Gold and silver prices fell on Friday amid a cautious global market tone. The decline was largely due to heightened geopolitical tensions in West Asia and rising oil prices.
Oil prices surge amid US-Iran impasse, surpass $106 per barrel
Oil prices have surged for the fifth consecutive day, hitting their most sustained upward trend since the start of the year.
Microsoft rolls out first-ever voluntary retirement plan in 50 years
Microsoft has announced its first-ever voluntary employee buyout program, a move that will impact nearly 7% of its US workforce.