Business News
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Why Indian electronics, automobile makers are turning to air freight
Indian electronics and automobile manufacturers are increasingly turning to air freight for transporting raw materials and components.
Air India hikes salaries of pilots by up to 15%
Air India has announced a significant salary hike for its pilots, with an increase ranging from 8% to 15%.
Why Accenture wants its staff to delay vacations
Accenture has announced a temporary policy change, allowing employees to carry over their unused vacation days into the next fiscal year.
Airbnb is shipping new features faster thanks to AI
Airbnb co-founder and CEO Brian Chesky has revealed that artificial intelligence (AI) is playing a major role in accelerating the company's product development.
Trump spent nearly $4B to cancel offshore wind lease
The Trump administration is paying German utility company RWE a whopping $1.2 billion to cancel an offshore wind lease.
US now supplies 67% of India's LPG imports: Hardeep Puri
The United States has emerged as India's biggest supplier of liquefied petroleum gas (LPG).
SK Hynix to invest $38B in AI memory chip expansion
SK Hynix, a leading South Korean semiconductor manufacturer, has announced a massive investment of 54 trillion Korean won ($38.1 billion) to set up two new memory chip production facilities.
Titan Q1 profit jumps 65% to ₹1,699cr
Titan Company has posted a robust growth in its first-quarter earnings for the fiscal year.
Global food prices hit 44-month high
The United Nations' Food and Agriculture Organization (FAO) has reported a significant rise in global food prices in July.
Anthropic is looking to hire an Insider Risk Investigator
Anthropic is looking to hire an Insider Risk Investigator as AI companies ramp up efforts to safeguard sensitive data, employees, and infrastructure.
SBI Q1 net profit rises 10% to ₹21,121cr
The State Bank of India (SBI) has reported a net profit of ₹21,121.22 crore for the June quarter (Q1FY27), marking a year-on-year increase of 10.23%.
Lok Sabha passes MSME Bill: What it means for businesses
The Lok Sabha has passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026.
FAA orders inspection of hundreds of Boeing 737 Max jets
The US Federal Aviation Administration (FAA) has ordered airlines operating 471 Boeing 737 MAX jets to inspect a specific component for possible cracks.
Relief for Dabur! HC stays FSSAI order against '100%' labels
The Delhi High Court has stayed an order by the Food Safety and Standards Authority of India (FSSAI) that banned Dabur India from selling several food products.
Airtel, Vi get relief in ₹3,300cr spectrum charge case
The Supreme Court of India has refused to stay a Bombay High Court order quashing the government's demand for one-time spectrum charges from telecom companies.
Sensex drops over 500 points: What's behind today's decline?
India's benchmark equity indices, Sensex and Nifty, fell on Friday. The fall was mainly due to losses in financial stocks and rising crude oil prices.
Airtel boosts data center expansion with new acquisitions
Bharti Airtel's data center arm, Nxtra Data, has announced plans to acquire up to an 85% stake each in Rochak Systems and Rovision Tech Hub, newly incorporated entities in India that propose to develop land for the construction of data centers and are yet to commence commercial operations.
India's only bullion exchange faces leadership shake-up
Ashok Kumar Gautam, the first CEO of India International Bullion Exchange IFSC Ltd. (IIBX), has resigned from his position.
Akasa Air launches loyalty program 'Akasa Elevate'
Akasa Air has launched its first-ever loyalty program, 'Akasa Elevate,' to attract frequent flyers.
Indian solar exports face 15% US tariff under Trump order
The United States has announced a 15% tariff on solar cells and modules imported from India and other countries.
No, banks can't lock your phone over loan defaults: RBI
The Reserve Bank of India (RBI) has issued a new directive, barring banks from disabling mobile phones and laptops of defaulting borrowers.
TikTok to lay off 250 employees, shut Nashville office
TikTok has announced the layoff of 250 employees and the closure of its Nashville office.
MDR on UPI applies to merchants, not customers: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers.
Trump imposes 15% tariff on polysilicon to counter China
The Trump administration has announced a 15% tariff on polysilicon products, a key component in the manufacturing of semiconductors and solar panels primarily produced by China.
China's exports soar 24% in July, driven by AI, EVs
China's exports witnessed a 23.9% surge in July, beating expectations and maintaining the momentum from June's significant rise.
Paramount's $110B acquisition of Warner Bros gets UK nod
The UK government has approved Paramount Skydance's $110 billion acquisition of Warner Bros Discovery.
SoftBank bags a $10B margin loan against OpenAI stake
SoftBank Group has secured a massive $10 billion margin loan, using its stake in US tech giant OpenAI as collateral.
LIC's massive $3.3B share sale kept bankers in the dark
The Indian government has successfully raised $3.3 billion by selling additional shares of Life Insurance Corporation of India (LIC).
No HRA if one spouse gets official accommodation: Modi government
The Indian government has clarified its policy on House Rent Allowance (HRA) for central government employees.
Karnataka wants Anthropic's help to prevent fraud in government systems
Karnataka Chief Minister D K Shivakumar met a delegation from AI start-up Anthropic today.
SoftBank posts $2.2B profit in June quarter, beats estimates
SoftBank has posted a net profit of ¥347.3 billion ($2.2 billion) for the June quarter, beating analysts' expectations of ¥120.23 billion, according to LSEG estimates.
Super.money debuts shopping marketplace with no-cost EMI plans
Super.money, a fintech company backed by Flipkart, has expanded its services to include an in-app marketplace called SplitStore.
Gold jumps ₹6,400 in 3 days
Gold and silver prices have seen a significant increase for the third consecutive session on MCX.
Lok Sabha passes bill to boost foreign investments, domestic manufacturing
The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026.
Trent's profit in Q1 rises 21% YoY to ₹519cr
Tata-owned Trent Limited, a leading retail company, has reported a robust financial performance for the first quarter of the fiscal year.
Why Ola Electric is moving to a dealership model
Ola Electric has announced a major shift in its business strategy, moving away from the direct-to-consumer model it has followed for five years.
'Meritless': OpenAI wants judge to dismiss Apple's trade secrets lawsuit
OpenAI has asked a US judge to dismiss Apple's lawsuit accusing it of stealing trade secrets.
Why Google's $15B Indian data center project is facing opposition
Google's ambitious $15 billion data center project in India is facing opposition from environmentalists.
Kotak fraud case: Ex-employee used proceeds to buy BMWs
A former Deputy Vice President of Kotak Mahindra Bank, Pushpinder Singh, allegedly used embezzled funds from the Municipal Corporation of Panchkula to buy luxury cars.
ITR-6 Excel utility for AY 2026-27 released: Who should file?
The Income Tax Department has launched the Excel utility of ITR-6 for Assessment Year (AY) 2026-27.