Business News
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Oracle may cut 7,000-10,000 jobs globally in fresh layoffs
Oracle is planning another round of layoffs that could affect thousands of employees in India, as per a Moneycontrol report.
Commercial LPG prices hiked by up to ₹12
The price of commercial liquefied petroleum gas (LPG) cylinders has been increased by around ₹10 across India.
Apple veteran Phil Schiller steps down as App Store chief
Phil Schiller, a long-serving Apple executive, is stepping down from his roles overseeing the App Store and product launches.
MediaTek shares surge 10% after NVIDIA's $3.5B investment
MediaTek's shares surged by 10% during Taipei trading on Tuesday, following a massive $3.5 billion investment from NVIDIA.
ATF prices hiked by 5.46%: Will flight tickets rise?
The price of aviation turbine fuel (ATF) for domestic airlines has been increased by 5.46%, or ₹6.28 per liter.
CNG, PNG prices increased in Mumbai: Check new rates
Mahanagar Gas Limited (MGL) has announced a hike in the price of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) in Mumbai.
Why NVIDIA is investing $3.5B in MediaTek
NVIDIA has announced a major investment of $3.5 billion in Taiwanese semiconductor giant MediaTek.
India's fiscal deficit for April-July stands at ₹4.55L crore
India's fiscal deficit for the first four months of this financial year, up to July, stood at ₹4.55 lakh crore.
You can soon port AutoPay mandates across UPI apps
The National Payments Corporation of India (NPCI) is planning to make UPI AutoPay interoperable.
How Axis Mutual Fund's new 'Shagun SIP' feature works
Axis Mutual Fund has launched a new digital feature called 'Shagun SIP,' aimed at systematic investment in gold and silver.
You can now use PhonePe for payments on feature phones
PhonePe has launched a new service, UPI 123Pay, to enable feature phone users to make Unified Payments Interface (UPI) payments without an internet connection.
Who is John Ternus, Apple's new CEO after Tim Cook?
Tim Cook, the long-serving CEO of Apple, is stepping down from his position on September 1.
Financial changes from September 1
Starting September 1, a number of key financial changes will come into effect.
India's GDP grows 7.8% in Q1 FY27, beats expectations
India's economy grew by 7.8% in the April-June quarter of FY2026-27, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) today.
Gold falls ₹2,600, silver drops ₹4,200: What's driving the sell-off?
Gold and silver prices have witnessed a sharp decline of up to 2% in early deals on the Multi Commodity Exchange (MCX) today. The fall comes amid profit-taking and weak global cues.
This city has the most number of billionaires in Asia
The global billionaire population has seen its fastest growth since 2020, driven largely by the artificial intelligence (AI) boom.
NPS charges changing from October 1: How it affects subscribers
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a revision in the charge structure for Point of Presence (PoP) channels under the National Pension System (NPS).
Zomato won't show you fake dairy dishes anymore
In a major move, Zomato has announced a zero-tolerance policy against the sale of analog dairy dishes on its platform in India.
Guidelines for Semicon 2.0 scheme notified: How it affects businesses
The Indian government has notified the detailed framework for its Semicon 2.0 scheme, which aims to boost the country's semiconductor ecosystem.
Ather Energy stock hits record high, brokerages turn bullish
Ather Energy's stock has witnessed a remarkable surge, rising by 4% to a new high of ₹1,679 today.
Why Zee Entertainment shares crashed 14% today
Zee Entertainment witnessed a massive fall in its share price on Monday.
Pernia's Pop-Up Shop IPO now open: Should you subscribe?
Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has launched its initial public offering (IPO) today.
SpiceJet wants more time to pay ₹50cr to Kalanithi Maran
SpiceJet, the cash-strapped budget airline, has sought more time from the Delhi High Court to pay its first installment of ₹50 crore.
Why Bank of England chief is worried about advanced AI
Andrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.
NCLAT will hear challenge to Subhash Chandra's repayment plan tomorrow
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear an urgent plea from several creditors, challenging the approval of Subhash Chandra's repayment plan by the National Company Law Tribunal (NCLT).
Why Zomato is firing around 250 employees in Hyderabad
Zomato, the popular food delivery platform, is shutting down its customer support operations in Hyderabad, as per The Economic Times.
OpenAI has warrants worth $5.5B from this SoftBank subsidiary
US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
Zomato cuts 250 jobs as it shuts Hyderabad support center
Zomato, the food delivery platform, is shutting down its customer support operations in Hyderabad. The move will lead to around 250 job losses, as per the Economic Times.
Oil surges above $90 as US strikes Iran
Oil prices surged over 2% on Monday after US forces targeted two Iranian launchers on Larak Island in the Strait of Hormuz.
Aon nears $17B deal to buy USI Insurance
Aon, a leading insurance broker and consultancy firm, is close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR.
Sensex tumbles 500 points: What's dragging markets down today?
The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.
UPI set to launch in Uzbekistan
The Unified Payments Interface (UPI) will soon be launched in Uzbekistan, the Ministry of External Affairs (MEA) has confirmed.
Why Apple's new CEO faces a management shake-up
John Ternus, the incoming CEO of Apple, is expected to make major changes in the company's executive team.
China's factory activity shrinks for second consecutive month
China's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.
Ex-SBI chief Dinesh Khara among contenders for HDFC Bank CEO
Former State Bank of India (SBI) Chairman Dinesh Kumar Khara is being considered as a potential successor to Sashidhar Jagdishan for the position of Managing Director and Chief Executive Officer (MD & CEO) at HDFC Bank.
Tamil Nadu's new-age business houses line up for IPOs
A number of Tamil Nadu-based companies are preparing to launch their initial public offerings (IPOs).
SK Hynix open to more US semiconductor investments
SK Hynix's CEO, Kwak Noh-jung, has said that the company is open to more semiconductor investments in the US.
India's beauty, personal care market to reach $42B by FY31
India's Beauty and Personal Care (BPC) market is set to witness a massive growth from $23 billion in FY26 to $42 billion by FY31.
EPFO highlights campaign to bring more workers under social security
The Employees' Provident Fund Organization (EPFO) has highlighted the Employees's Enrolment Campaign 2026, which runs from June 29 to October 31, aims to widen social security coverage and formalize the workforce.
Bira 91 facing insolvency threat over ₹11cr+ unpaid dues
Bira 91, a popular Indian beer brand, is facing an insolvency threat as Hindusthan National Glass and Industries Ltd (HNGIL) has issued a default notice to its parent company B9 Beverages Ltd.