Business News
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How TCS has responded to employee suicide case in Maharashtra
Tata Consultancy Services (TCS) has said it is "ascertaining the facts" after a 48-year-old employee was found dead at his residence in Bhosari, Maharashtra.
IIM-Calcutta students can now pursue entrepreneurship without losing placements
The Indian Institute of Management (IIM) Calcutta has launched a unique initiative, allowing its MBA students to pursue their entrepreneurial dreams without losing out on campus placements.
Gold to hit $6,000 by end of 2026: JP Morgan
JP Morgan Global Research has predicted that gold prices could reach new record highs by the end of 2026.
World Bank thinks 2020s is 'lost decade' for developing economies
The World Bank has warned that the 2020s could be a "lost decade" for many developing economies.
India's top firms hold cash reserves of over $200B
India's leading corporations are sitting on a massive cash reserve of ₹18.7 lakh crore (over $200 billion) for fiscal 2026, a 12% increase from last year.
SpaceX IPO: Japanese investors sought over $6B worth of shares
Japanese investors expressed a strong interest in SpaceX's record-breaking initial public offering (IPO), seeking over ¥1 trillion ($6.2 billion) worth of shares.
How Musk's SpaceX created over 4,400 millionaires overnight
SpaceX's historic initial public offering (IPO) has made not just Elon Musk the world's first trillionaire but also created thousands of new millionaires almost overnight.
Palantir has faced a legal setback in Switzerland
Palantir, a leading US technology company, has lost a legal battle against a Swiss independent magazine.
India's FTAs can help reach $1T export target by 2030
India's recent free trade agreements (FTAs) have the potential to drive manufacturing growth, revive private capital expenditure (capex), and integrate supply chains, a report by Yes Securities has said.
SEBI to simplify KYC norms for foreign investors
The Securities and Exchange Board of India (SEBI) is planning to make Know Your Customer (KYC) norms simpler for foreign portfolio investors (FPIs).
Emirates to show FIFA World Cup matches on flights
Emirates Airlines has announced that it will show all the matches of the FIFA World Cup live on its flights.
Mark Zuckerberg admits missteps in Meta's AI workforce overhaul
Meta CEO Mark Zuckerberg has acknowledged errors in the company's artificial intelligence (AI) workforce transformation.
US DOJ approves Paramount's $111B acquisition of Warner Bros
The US Department of Justice (DOJ) has approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery.
Microsoft considers spinning off Xbox gaming division
Microsoft is considering a major overhaul of its Xbox gaming division, including the possibility of spinning it off or restructuring it as a wholly owned subsidiary.
8th Pay Commission: Vehicle, festival, and natural disaster advances proposed
The Staff Side of the National Council (JCM) has proposed a set of new advances in salary for central government employees.
IPO-bound Razorpay set to file confidential draft papers next week
Razorpay, a leading fintech company based in Bengaluru, is reportedly gearing up for its Initial Public Offering (IPO).
SpaceX shares jump 19% on debut after record $75B IPO
Elon Musk's aerospace company, SpaceX, has made history with its record-breaking $75 billion initial public offering (IPO).
EU moves to tighten carbon emissions fee on imports
The European Union (EU) has decided to make it more difficult to suspend its carbon emissions fee on imports.
Beyond Elon Musk: Who else gained from the SpaceX IPO?
SpaceX's debut on the stock market has triggered a major wealth creation event in American business history.
Meta's AI team on the brink of a revolt
Meta's Applied AI team, a group of some 6,500 engineers and product managers, is reportedly on the brink of a revolt, according to WIRED.
Google will appeal a German court ruling on AI overviews
Google has announced its decision to appeal a German court ruling that held the tech giant legally responsible for false claims generated by its AI Overviews.
UN adopts historic convention to protect gig economy workers
The United Nations' International Labour Organization (ILO) has adopted a historic convention to protect gig economy workers.
Does Nestle's MAGGI noodles have an infestation issue?
Nestle India has refuted allegations of infestation in its popular MAGGI noodles.
SpaceX president hints at possible merger with Tesla
SpaceX President and COO Gwynne Shotwell has hinted at the possibility of a merger with Tesla.
Robinhood sees record traffic after SpaceX's historic market debut
Robinhood, the popular trading platform, has reported "record-breaking" traffic on its services on Friday, June 12, 2026.
India can repay 94% foreign debt in a day: Fadnavis
Maharashtra Chief Minister Devendra Fadnavis has dismissed fears of an economic slowdown in India.
AI start-up Mistral wants to raise $3.5B at $23.15B valuation
French artificial intelligence (AI) start-up Mistral is said to be in early-stage talks to raise around €3 billion ($3.5 billion).
Musk is now worth more than next 4 billionaires combined
Elon Musk's net worth has crossed the $1 trillion mark for the first time, thanks to SpaceX's successful stock market debut.
Musk is now a trillionaire: What can $1 trillion buy?
Elon Musk, the man behind SpaceX, has become the world's first trillionaire.
Musk becomes world's 1st trillionaire
SpaceX stock surged over 22% at the opening bell of its historic public debut to trade at $165 as of this writing.
Japanese investors pour $2.2B into SpaceX IPO
SpaceX, the aerospace giant led by Elon Musk, has raised a whopping $2.2 billion from Japanese investors as part of its historic global initial public offering (IPO).
Google, Meta invest $300M to train workers for AI boom
In a major development, tech giants Google and Meta have announced massive investments in skilled trades training.
India's retail inflation rises to 3.93%, highest in 5 months
India's retail inflation has jumped to 3.93% in May, up from 3.48% in April.
Cognizant to exit NASDAQ-100 after 20 years
Cognizant, a leading IT services provider, is set to be removed from the NASDAQ-100 Index.
Spinny plans $300 million IPO
Indian used-car platform Spinny is gearing up for an initial public offering (IPO) to raise between $250 million and $300 million.
India may widen fiscal deficit as US-Iran war strains finances
India is likely to allow a larger budget deficit this year, according to Bloomberg.
Trade ties key to India's $30 trillion goal: Piyush Goyal
Piyush Goyal, Union Minister of Commerce and Industry, has said that India must strengthen its international trade relations to achieve the ambitious goal of becoming a $30 trillion economy by 2047.
Sensex closes 1,700 points higher: What drove today's rally?
The Indian stock market witnessed a massive surge on Friday, with the Sensex and Nifty gaining 2% each.
Centre waives customs duties on nuclear power equipment imports
The Indian government has announced a retrospective waiver of customs duties on certain nuclear power generation equipment imported between April 1, 2019 and January 31, 2026.
India's AI data center market may hit $280B by 2035
India's data center industry is set for unprecedented growth, with the artificial intelligence (AI) boom projected to create a $280-billion ecosystem opportunity by 2035.