Business News
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Centre approves ₹1.27 lakh crore India Semiconductor Mission 2.0
The Indian government has approved the second phase of the India Semiconductor Mission (ISM 2.0), with a budget allocation of ₹1.275 lakh crore. This is significantly higher than the first phase's allocation of ₹76,000 crore.
ITC's answer to Pepsi and Coca-Cola is here
ITC has made its foray into India's highly competitive carbonated beverage market with the launch of B Natural Coconut Cola.
Patanjali Foods shares down 20% today: What should investors do?
Stock price of Patanjali Foods has plunged nearly 20%, hitting a new 52-week low of ₹330.95 on the Bombay Stock Exchange (BSE).
MakeMyTrip wants to raise $1B+ via IPO in India
Online travel services platform MakeMyTrip is planning to file draft papers for an initial public offering (IPO) of over $1 billion, as per Moneycontrol.
Groww's Q1 net profit up 94% YoY to ₹735cr
Billionbrains Garage Ventures, the parent company of Groww, has announced its financial results for the first quarter of FY27.
You can now order LPG cylinders on Instamart in Bengaluru
Swiggy's Instamart has partnered with Hindustan Petroleum Corporation Limited (HPCL) to launch India's first on-demand Liquefied Petroleum Gas (LPG) cylinder delivery service.
SBI Funds IPO fully booked, GMP surges to over 16%
SBI Funds Management's ₹11,693 crore initial public offering (IPO) has been fully subscribed on the second day of bidding.
China's AI star DeepSeek plans IPO
Chinese artificial intelligence (AI) start-up DeepSeek has begun preparations for a landmark initial public offering that could see the company file as early as this year.
China GDP growth slows to weakest pace since 2022
China's economy grew by 4.3% in Q2 2026, the slowest pace since late 2022. The slowdown is attributed to weak domestic demand, a prolonged property slump, and the global oil shock.
Tata to invest $1B in shipbuilding in Kerala
The Tata Group has sought approval to invest $1 billion in shipbuilding in Kerala.
Apple just got a $32.8B lawsuit dismissed in US
A US judge has dismissed a class action lawsuit against Apple, alleging its failure to prevent the distribution of child sexual abuse material on its iCloud data storage service.
Why Google has been sued by publishers in the US
A consortium of leading publishers, including Hachette, Cengage, and Elsevier, has sued tech giant Google.
Sensex gains nearly 600 points
The Indian stock market has witnessed a strong rally today, with the benchmark indices Sensex and Nifty 50 rising over 0.5%.
Meta faces lawsuit for using biased AI in layoffs
A group of 26 former Meta employees has filed a lawsuit against the tech giant, accusing it of using artificial intelligence (AI) tools to unfairly target workers on leave for layoffs.
Kusumgar lists at 37% premium over IPO price
Kusumgar, a manufacturer of engineered fabrics, has made a strong debut on the Indian stock market.
IBM loses $70B after CEO says firm 'faltered' on AI
IBM saw its shares plummet by a staggering 25% on Tuesday, following the release of disappointing preliminary second-quarter results.
Oil prices surge past $85/barrel as US-Iran tensions escalate
Oil prices have surged past the $85-a-barrel mark, amid fears of supply disruptions in the Middle East.
Stripe, Advent make $53B bid for PayPal
Payment processing company Stripe and private equity firm Advent International have made a joint proposal to acquire PayPal Holdings Inc.
JPMorgan Chase posts record Q2 profit of $21.2B
JPMorgan Chase has reported a record profit for the second quarter of 2026, driven by strong growth in investment banking and trading revenues.
Warren Buffett has stopped donating shares to Gates Foundation
Warren Buffett, the Chairman of Berkshire Hathaway, has excluded the Bill and Melinda Gates Foundation from his annual charitable stock donations.
Why Modi government's ₹10,000cr ATF fund found no takers
In April 2026, a spike in jet fuel prices due to West Asia unrest nearly doubled the single-largest cost component for Indian airlines.
India to track services sector monthly with new index
In a major development, the Ministry of Statistics and Programme Implementation (MoSPI) has launched the Index of Services Production (ISP), India's first-ever monthly tracker for the formal services sector.
China's monthly car exports top 1M for first time
China's monthly car exports have surpassed the one million mark for the first time in June.
Volkswagen may cut 100,000 jobs
Volkswagen is planning to double its workforce reductions to 100,000 jobs, according to an internal message from CEO Oliver Blume.
Online gaming firms move SC to review 28% GST ruling
A group of online gaming companies has petitioned the Supreme Court, seeking a review of its May 27 judgment.
After SK Hynix, Samsung Electronics may get listed in US
Samsung Electronics is reportedly in the early stages of considering a possible sale of American depositary receipts (ADRs).
Will SpiceJet lose 4 Boeing 737 MAX aircraft?
China's Industrial and Commercial Bank of China (ICBC) has moved India's Directorate General of Civil Aviation (DGCA) for the deregistration and repossession of four Boeing 737 MAX aircraft leased to SpiceJet.
SBI has raised $200M via selling bonds
State Bank of India (SBI) has successfully raised another $200 million by tapping an existing bond issue due in July 2029.
Why Google is facing a competition probe in Switzerland
Switzerland's Competition Commission (COMCO) has launched a preliminary investigation into Google.
Tata holds India's top brand spot for 18th consecutive year
Tata Group has retained its position as India's most valuable brand for the 18th consecutive year.
Sensex falls over 600 points: Key factors behind today's decline
The Indian stock market witnessed a downturn today, with the benchmark Sensex falling over 600 points to an intraday low of 77,001.
Byju Raveendran's Singapore jail sentence upheld
The High Court of Singapore has rejected an appeal by Byju Raveendran, the founder of failed education start-up BYJU'S.
India's imports from China hit record high in H1 2026
India's imports from China surged by 21.8% in the first half of 2026, touching an all-time high of $79.41 billion, data from China's General Administration of Customs showed.
Not ₹1,160cr but ₹5.6L: Government body disputes rice-ethanol 'scam' scale
The Food Corporation of India (FCI) has dismissed allegations of a massive diversion of subsidized rice for ethanol production in Madhya Pradesh.
DeepSeek's Liang Wenfeng is now world's richest AI business founder
DeepSeek founder Liang Wenfeng has emerged as the world's richest artificial intelligence (AI) founder, according to the Bloomberg Billionaires Index.
Why India's competition watchdog fined laptop maker HP ₹14.3cr
The Competition Commission of India (CCI) has slapped a hefty fine of ₹14.28 crore on HP India and 16 of its resellers for colluding in the sale and supply of print hardware consumables.
Did JPMorgan boss had ties to Jeffrey Epstein?
Elizabeth Warren, a prominent Democratic senator and the ranking member of the US Senate Banking Committee, has written to Jamie Dimon, Chairman and CEO of JPMorgan Chase.
Why Paramount is being sued by 12 US states
A coalition of 12 US states led by California has filed a lawsuit against Paramount's proposed $110 billion acquisition of Warner Bros. Discovery (WBD).
IDBI Bank shares rise 3% today: Here we decode why
IDBI Bank's shares witnessed a spike of over 3% in early trade today, following reports of the government's approval for the lender's strategic disinvestment.
How NVIDIA will stop its AI chips from reaching China
NVIDIA has cut its list of approved AI chip customers in Asia by more than half, The Financial Times reported.