Business News
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MrBeast facing legal issues from investors over his snack brand
Jimmy Donaldson, better known as MrBeast, is facing a legal dispute with some of his investors.
Tesla settles lawsuit over fatal crash involving Full Self-Driving
Tesla has settled a lawsuit related to a deadly 2023 crash involving its Full Self-Driving (FSD) system.
Iran offers discounted crude to India after US sanctions waiver
After a recent sanctions waiver from Washington, multiple middlemen have started offering discounted Iranian oil to Indian refiners.
Airbus secures $9.3B order for 25 A330neo jets from China
Airbus has bagged a major deal with China Eastern Airlines, which is a partially state-owned carrier.
Steel imports from China, Japan, Russia facing anti-dumping investigation
India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.
Apple Vision Pro chief leaves for OpenAI
Paul Meade, Apple's Vice President and head of the Vision Pro headset and smart glasses division, is leaving the tech giant to join OpenAI, according to Bloomberg.
Why shelf-life rules for imported drugs might be relaxed
The Indian government has proposed a major change in the shelf-life requirement for imported medicines.
Novak Djokovic is now advisor to a private equity firm
Tennis legend Novak Djokovic has been appointed as a global strategic advisor by private equity firm General Atlantic.
US judge refuses to dismiss criminal case against Gautam Adani
A US judge has denied an immediate dismissal of the criminal case against Indian billionaire Gautam Adani.
OpenAI names Uber's Prabhjeet Singh as India MD
OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India.
Swatch seeks $170M from Samsung in smartwatch design dispute
Swiss watchmaker Swatch has filed a lawsuit against South Korean tech giant Samsung, seeking $170 million in damages.
Volkswagen eyes 100,000 job cuts, factory closures
Volkswagen AG, the parent company of Porsche and Audi, is planning a major restructuring.
Why fuel prices in India are unlikely to drop soon
State-run oil marketing companies (OMCs) are not expected to reduce retail fuel prices anytime soon.
Ex-Meta employee sues company over bid to silence her
Former Meta employee Sarah Wynn-Williams is suing the tech giant for its attempts to "silence" her.
South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens
South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.
Goldman Sachs raises India's growth forecast to 6.8%
Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.
Noida International Airport to triple flight operations from July
Noida International Airport (NIA) will nearly triple its flight operations from July 1.
Chip maker Micron briefly surpasses Meta, Tesla in market value
Micron Technology, the leading US memory-chip manufacturer, has briefly surpassed tech giants Meta Platforms and Tesla in market capitalization.
'It seemed absurd': BigBasket co-founder on early doubts about quick-commerce
BigBasket co-founder Hari Menon has admitted that he was initially skeptical about the concept of quick commerce.
Crude oil prices fall nearly 2% on easing supply concerns
Crude oil prices witnessed a nearly 2% decline on Friday, heading for a sharp weekly loss.
Parliamentary panel to meet RBI on crypto regulations in India
India's Parliamentary Standing Committee on Finance will meet with officials from the Reserve Bank of India (RBI) on July 2, 2026.
Pocket FM CEO breaks silence on microdrama app shutdown
Pocket FM, a leading audio entertainment company, recently announced the shutdown of its microdrama vertical, Pocket TV.
AI won't cause job apocalypse, but disruption expected: Goldman Sachs
A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.
GIFT Nifty drops 150+ points amid global AI stock sell-off
The GIFT Nifty, an early indicator of Indian equity market performance, has witnessed a sharp decline of over 150 points.
Delhi HC orders Meesho to remove fake Jockey listings
The Delhi High Court has ordered e-commerce giant Meesho to remove product listings that allegedly violate the trademark of American innerwear and apparel brand Jockey, according to Bar & Bench.
Why OpenAI is delaying its IPO to 2027
OpenAI, the company behind the popular AI chatbot ChatGPT, is considering delaying its initial public offering (IPO) until 2027, according to The New York Times.
CRED introduces AI coach to help users understand credit scores
Fintech platform CRED has launched an innovative artificial intelligence (AI)-powered credit coaching feature.
JPMorgan promotes two veterans in race to succeed Jamie Dimon
JPMorgan Chase has announced a major management overhaul, promoting two of its long-serving executives, Troy Rohrbaugh and Doug Petno, as co-presidents.
SoftBank shares slide 13% amid reports of OpenAI IPO delay
SoftBank Group Corp's shares fell by as much as 13% on Friday.
Om Malik, a legendary tech journalist, passes away at 59
Om Malik, the founder of technology-focused analyst firm and media company Gigaom, has died at the age of 59. He breathed his last on June 24 at Stanford Hospital.
Government lifts all curbs on commercial LPG supply
The Ministry of Petroleum and Natural Gas has announced the removal of all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.
EU approves tariff measures to implement trade deal with US
The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.
Disney pays $50M to settle claims it inflated streaming costs
The Walt Disney Company has agreed to a $50 million settlement with subscribers of YouTube TV and DirecTV's live TV streaming services.
Ferrari's marketing chief leaves amid Luce controversy
Ferrari's Chief Marketing and Commercial Officer Enrico Galliera has decided to leave the company after 16 years of service.
This Indian-origin CEO is the world's second-highest-paid executive after Musk
Shankh Mitra, an Indian-origin executive, has been named the world's second-highest-paid CEO by the Wall Street Journal.
Why metal stocks are falling despite broader market rally
Metal stocks continued their downward trend for the third consecutive session, with a nearly 5% decline overall today.
LIC CFO Sunil Agrawal resigns, cites 'better prospects'
Sunil Agrawal, the Chief Financial Officer (CFO) of Life Insurance Corporation of India (LIC), has resigned from his position. The development was announced in a regulatory filing.
Amazon CEO meets Modi, announces additional $13B India investment
Amazon CEO Andy Jassy has announced a massive $13 billion investment in India. The announcement was made during his meeting with Prime Minister Narendra Modi on Thursday.
Adani launches 'Vande Bharatam' to scout innovators across India
Gautam Adani, the Chairman of the Adani Group, has launched 'Vande Bharatam,' a national initiative aimed at discovering and nurturing innovators and entrepreneurs from all parts of India.
India could grow over 7% this year: RBI MPC member
Nagesh Kumar, an external member of the Reserve Bank of India (RBI)'s monetary policy committee, has hinted that India could grow by over 7% this year.