Business News
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Influencer Sharan Hegde buys stake in creator start-up Madhouse Mafia
Finance influencer and entrepreneur Sharan Hegde has acquired a minority stake in creator-focused start-up Madhouse Mafia.
Soon, Groww and Zerodha users could buy US stocks
India's leading brokerage firms—Zerodha, Groww, Angel One and Upstox—have received approval from the International Financial Services Centres Authority (IFSCA) to offer international and US stock investing through GIFT City.
Sify Infinit puts $391M IPO on hold
Sify Infinit Spaces Ltd., India's first pure-play data center operator, has put its $391 million initial public offering (IPO) on hold.
China's DeepSeek raises $7.4B at $50B valuation
Chinese artificial intelligence (AI) start-up DeepSeek has raised over 50 billion yuan ($7.4 billion) in its first funding round.
RBI to hire young professionals for ₹1.5 lakh/month stipend
The Reserve Bank of India (RBI) is on the lookout for young professionals to join its Central Office Departments in Mumbai.
SoftBank's Vision Fund CFO Navneet Govil quits after 10-year stint
Navneet Govil, the Chief Financial Officer (CFO) of SoftBank Group's Vision Fund investing arm, is leaving the company after a decade-long stint.
Xbox might close or sell these 3 game studios
Microsoft is planning to shut down or sell at least three of its Xbox game development studios: Ninja Theory, Double Fine and Compulsion Games.
EU faces €1B per day trade deficit with China
The European Union (EU) is facing an unprecedented trade deficit with China, hitting a staggering €1 billion per day.
Salesforce buys AI customer service platform Fin for $3.6B
Salesforce, the leading cloud-based software company, has announced its decision to acquire Fin, an artificial intelligence (AI) customer service platform.
Why TCS is facing a $70M hit in Q1 FY27
Tata Consultancy Services (TCS) will incur a one-time exceptional charge of $70 million in Q1 FY27.
Paytm unveils AI-powered card checkout platform for businesses
Paytm Payment Gateway has launched a new artificial intelligence (AI)-powered card checkout solution, "Agentic AI Card Checkout."
Devyani, Sapphire Foods shares jump on nod for merger
Shares of Devyani International and Sapphire Foods have jumped up to 7% today.
NVIDIA to raise $25B in bonds amid AI demand surge
NVIDIA has announced its plan to raise $25 billion through a US bond issuance.
Musk's xAI loses trade secrets lawsuit against OpenAI
A federal judge has dismissed a lawsuit filed by Elon Musk's artificial intelligence company, xAI. The suit accused rival tech firm OpenAI of stealing trade secrets for its chatbots.
Florida sues TikTok over child safety law violations
Florida's Attorney General James Uthmeier has filed a lawsuit against TikTok, alleging violation of the state's child safety law.
Japan raises interest rate to 31-year high
The Bank of Japan has raised its policy rate to 1%, the highest in 31 years.
Musk's net worth hits record $1.3 trillion
Elon Musk's net worth has skyrocketed to a record-breaking $1.3 trillion after SpaceX shares surged nearly 20% in the company's first full trading session post its blockbuster initial public offering (IPO).
China's retail sales fall for 1st time since 2022
China's retail sales have witnessed a decline for the first time in over three years.
Strong investor demand lifts SpaceX's record-breaking IPO proceeds to $86B
SpaceX, Elon Musk's rocket, AI and internet conglomerate, has raised a record-breaking $85.7 billion through its initial public offering (IPO).
Fox strikes $22B deal to acquire streaming giant Roku
Media giant Fox has announced its acquisition of streaming company Roku in a deal worth $22 billion.
India posts current account surplus of $4.7B in April
India recorded a current account surplus of $4.7 billion in April 2026, according to preliminary data released by the Reserve Bank of India (RBI) today.
Sarvam AI turns unicorn after raising $234M at $1.5B
Bengaluru-based artificial intelligence (AI) start-up Sarvam AI has become the latest entrant in India's unicorn club.
Use E20 fuel? Your vehicle insurance claim might be denied
ICICI Lombard General Insurance has warned that insurance claims for fuel-related damages could be rejected in certain cases.
Indian economy facing challenges, could impact growth: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has warned that the Indian economy is facing several challenges, including tariff shocks and supply chain disruptions.
Kazakhstan's new $10B AI deal is supported by NVIDIA
Kazakhstan has signed a series of agreements with US-based start-up Firebird Inc. to develop artificial intelligence (AI) infrastructure.
India's unemployment rate rises to 5.5% in May
India's unemployment rate has increased to 5.5% in May, up from April's 5.2%, government data released on Monday showed.
Asset management stocks surge after Sitharaman hints at more reforms
Shares of capital market-focused companies witnessed a major rally on Monday.
Reliance AGM on June 19: What to expect
Reliance Industries Limited (RIL) will hold its 49th Annual General Meeting (AGM) on June 19, at 2:00pm IST.
Vedanta eyes US relisting as it targets $100B India expansion
Anil Agarwal, the metals magnate, has announced plans to relist his holding company Vedanta Resources, possibly in the US.
India's trade deficit in May goes slightly down to $28.21B
India's merchandise trade deficit remained stable in May, despite an increase in both exports and imports, according to government data released today.
HDFC Bank is now searching for a new CFO
HDFC Bank has begun the search for a new Chief Financial Officer (CFO), as per Moneycontrol.
Why Indian pharma industry is relieved after US-Iran deal
The Indian pharmaceutical industry is looking at ways to stabilize its supply chain after the US and Iran reached a preliminary peace agreement.
Australia's richest person invests $1.4B in Elon Musk's SpaceX
Australia's richest person Gina Rinehart has made a major investment in Elon Musk's SpaceX.
Is the UK headed for deindustrialization?
UK's industrial sector is on the brink of collapse, with thousands of companies warning they could go bankrupt in the next year due to high energy prices.
Indian economy facing challenges, could impact growth: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has warned that the Indian economy is facing several challenges, including tariff shocks and supply chain disruptions.
Musk says becoming world's first quadrillionaire is 'not impossible'
Elon Musk, the CEO of SpaceX, has said that becoming the world's first quadrillionaire is "not impossible."
These Indian stocks could benefit from US-Iran peace deal
The recent peace agreement between the United States and Iran has sparked a major rally in India's benchmark indices, Sensex and Nifty 50.
Musk predicts $1 trillion revenue for SpaceX by 2030
Elon Musk has predicted that SpaceX could generate an annual revenue of around $1 trillion by 2030.
IndiGo shares up 10% in 2 days: Should you buy?
InterGlobe Aviation, the parent company of IndiGo, has witnessed a significant surge in its share price.
India's commercial vehicle stocks up 9% after US-Iran peace deal
Shares of commercial vehicle (CV) manufacturers such as Ashok Leyland, Tata Motors, Force Motors, Eicher Motors and SML Mahindra surged up to 9% today.