Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Bira 91 founder Ankur Jain exits board, gives up stake
Ankur Jain, the founder of B9 Beverages and its flagship brand Bira 91, has resigned from the company's board.
Samsung might invest in AI start-up Mistral at $23B valuation
Samsung is in talks to invest hundreds of millions of euros into French artificial intelligence (AI) start-up Mistral.
Paras Defence to establish semiconductor facility in MP for ₹6,200cr
Paras Defence and Space Technologies has announced that its semiconductor unit will invest ₹6,200 crore to set up a chip packaging and testing facility in Madhya Pradesh.
Adani, GMR might soon run their own airlines in India
The Indian government is mulling a major policy shift that could allow airport operators to own and run their own airlines, as per Bloomberg.
Why Anthropic has been sued by University of Tennessee
Anthropic, a leading artificial intelligence (AI) company, has been sued by the University of Tennessee Research Foundation for patent infringement.
Trump threatens tariff on generic medicines: Should India be worried?
US President Donald Trump has announced a two-year exemption from tariffs on imported generic medicines.
End retrospective tax to attract foreign investment: Amitabh Kant
Former NITI Aayog CEO Amitabh Kant has stressed the need for India to end its retrospective tax policy, saying it heavily impacts global investor sentiment.
London Stock Exchange will soon let you trade 24/7
The London Stock Exchange (LSE) is gearing up to launch a new trading venue, LSE 24, which will operate outside its normal market hours.
Bajaj Auto Q1 results: Net profit jumps 42.3% to ₹2,983cr
Bajaj Auto has reported a whopping 42.3% jump in its standalone net profit for the first quarter of FY27.
This might be 1st 'world model' AI start-up going public
Chinese artificial intelligence (AI) start-up GigaAI is gearing up for a public listing in Hong Kong.
Cognizant bags mega tech services deal worth up to $1B
Cognizant, a leading software services company, has won a multi-year technology services contract from US health insurer Centene Corporation, as per Moneycontrol.
Maharashtra plans property tokenization on blockchain: How it affects you?
Maharashtra is mulling a new legal framework for the tokenization of land and other immovable assets using blockchain technology.
Positive returns for Indian equities over next 12 months: JPMorgan
JPMorgan's Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy, has predicted positive returns for Indian equities in the next 12 months.
JSW eyes majority stake in Volkswagen's India unit: Report
Volkswagen AG is in advanced talks with JSW Group for a potential stake sale in its Indian unit, as per Bloomberg.
Tata Steel to invest ₹10,000cr in Jharkhand by 2028
Tata Steel has announced its plan to invest ₹10,000 crore in various projects across Jharkhand by 2028.
India's Q1 oil import bill up 61%: What's the reason?
India's crude oil import bill surged by a whopping 61% to $49.8 billion in the April-June period, compared to the same period last year.
You can soon make UPI payments without internet
The National Payments Corporation of India (NPCI) is working on a new feature for Unified Payments Interface (UPI), that would allow users to make payments at merchant point-of-sale terminals without an internet connection.
Anthropic's $1.5B copyright settlement with authors has been approved
Anthropic, a leading artificial intelligence (AI) company, has received final approval for its $1.5 billion settlement with authors over copyright infringement.
Paramount's $110B merger with Warner Bros has been temporarily paused
The proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery has been temporarily halted by a US federal judge.
Why AliExpress has been fined record €550m by EU
The European Commission has slapped a record fine of €550 million on Chinese e-commerce giant AliExpress.
Modi government won't scrap LTCG tax on equities anytime soon
The Indian government has confirmed that it has no plans to scrap the long-term capital gains (LTCG) tax on equity transactions.
Jeff Bezos has invested in this £2B UK AI start-up
Jeff Bezos, the founder of Amazon, and the UK government have invested in a £2 billion British artificial intelligence (AI) start-up called CuspAI.
Etihad is offering 20% off on these international flights
Etihad Airways has launched a special promotional sale for Indian travelers, offering up to 20% off on Business and Economy class fares.
Meta to proceed with layoffs challenged over AI bias claims
A US federal judge has denied a request to halt Meta's planned layoffs of 26 employees.
Airtel's data center arm to expand capacity to 1GW
Bharti Airtel's data center subsidiary, Nxtra, is gearing up for a massive expansion. The company plans to quadruple its capacity to 1 gigawatt (GW) in the coming years.
Centre wants ethanol to become your next cooking fuel
The Indian government is working on a policy to promote ethanol as a mainstream cooking fuel.
Why Indian pilots want Gulf flights to be canceled
The Airline Pilots' Association of India (ALPA India) has called for an immediate suspension of flights to the UAE and other high-risk Gulf destinations.
Why RBI has intervened to stabilize Indian rupee
The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.
India's defense stocks plunge amid escalation of US-Iran conflict
Shares of major defense companies such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics have witnessed a decline during today's trading session.
L&T has bagged 'mega' orders worth up to ₹15,000cr
Larsen and Toubro (L&T) has announced that its Metals and Minerals vertical has bagged 'mega' orders from leading domestic companies.
Tata to open 100 Westside stores annually to accelerate expansion
Tata Group's Trent Ltd. is planning an aggressive expansion of its premium fashion brand, Westside.
ICICI sees biggest workforce decline among private banks in FY26
ICICI Bank, India's second-largest private sector lender, has seen a major dip in its workforce strength during the fiscal year 2026.
Gold, silver prices in India rise today: What's the reason?
Gold and silver prices rose in early trade on the Multi Commodity Exchange (MCX) today. The gains were mainly due to value buying after a slight easing of the US dollar.
Indian stock market has crashed today: Here we decode why
The Indian stock market witnessed a major slump today, with the Sensex and Nifty falling by 0.65% and 0.5%, respectively. The fall comes after a strong rally in the previous session.
India's UPI may soon be linked with Spain's payment service
India and Spain have agreed to speed up talks on making their digital payment platforms, the Unified Payments Interface (UPI) and Bizum, interoperable.
FIFA fuels Kalshi's record growth: 3M users, $1.2B in bets
The recently concluded FIFA World Cup has given a major boost to prediction markets, with Kalshi witnessing an unprecedented surge in user registrations and trading volumes.
TSMC to invest $100B in Arizona amid AI chip demand
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest maker of advanced artificial intelligence (AI) chips, has announced a massive $100 billion investment to expand its facilities in Arizona.
Oil prices hit $90 per barrel again: What's the reason?
Oil prices surged by 3% today, with Brent crude futures crossing the $90 mark per barrel.
7 IPOs to hit Dalal Street this week
This week, the primary market will see a flurry of activity with seven initial public offerings (IPOs) set to hit Dalal Street.
Air India to add 60 aircraft in next 18 months
The Air India Group is set to expand its fleet by adding up to 60 new aircraft in the next 18 months.