Business News
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Chinese AI chipmaker Enflame jumps over 200% on market debut
Chinese semiconductor company Enflame has witnessed a whopping 206% surge in its stock price after making its debut in Shanghai.
Brent crude oil prices near $110 as US-Iran tensions escalate
Oil prices continued their upward trajectory on Friday, with both major benchmarks set to close the week above $100 per barrel for the first time since mid-May.
Bending Spoons strikes $1.4B deal to acquire workplace-collaboration platform Miro
Italian technology group Bending Spoons has announced its plan to acquire workplace-collaboration platform Miro in an all-cash deal worth $1.36 billion.
HSBC's 1st female CFO to step down next year
Pam Kaur, the Chief Financial Officer (CFO) of HSBC, will be resigning in 2027.
US probes Fox's $22B deal to acquire Roku
The US Department of Justice (DOJ) has launched an investigation into Fox's proposed $22 billion acquisition of streaming platform Roku.
Russia eyes major aircraft push in India with 105-plane deal
Russia is set to advance multiple aircraft deals with Indian companies, including plans for 105 regional passenger planes.
OpenAI appoints AI risk researcher amid criticism over safety protocols
OpenAI has announced the appointment of Paul Christiano, a prominent AI researcher known for his concerns about the potential dangers of artificial intelligence (AI), to OpenAI Foundation board.
UPI in US? Zelle bridge could ease payments for NRIs
Bank of America (BofA) is working on a pilot project to connect Zelle, a US-based digital payment platform, with India's Unified Payments Interface (UPI).
SIP investments hit record ₹32,297cr in August
Mutual fund Systematic Investment Plan (SIP) inflows have hit a new high of ₹32,297 crore in August 2026.
Musk's tunnel-digging venture secures major funding at $23B valuation
Elon Musk's tunnel construction venture, The Boring Company, has secured $3 billion in a fresh funding round. The investment values the company at an impressive $23 billion.
US probes NVIDIA's $20B Groq deal over antitrust concerns
The US Department of Justice (DOJ) is looking into NVIDIA's $20 billion licensing deal with AI chip start-up Groq Inc.
Michael Dell overtakes Jeff Bezos to become world's 3rd-richest person
Michael Dell, the founder of Dell Technologies, has surpassed Amazon's Jeff Bezos to become the world's third-richest person.
Could a researcher's warning derail Anthropic's IPO plans?
Jacob Coxon, former researcher at Anthropic, has issued a dire warning about the potential dangers of artificial intelligence (AI) technology following his departure.
Oil prices could hit $120 per barrel amid US-Iran tensions
Oil prices have surged past the $100 per barrel mark as traders weigh the risk of supply disruptions after recent shipping attacks.
Why Xiaomi's business in India may face detailed probe
India's Serious Fraud Investigation Office (SFIO) has recommended a detailed probe into Xiaomi's business operations in the country.
NPCI's AiNxt and AtOM platforms are here: How they work
The National Payments Corporation of India (NPCI) has launched two new agentic artificial intelligence (AI) platforms, AiNxt and Agentic Orchestration & Messaging (AtOM), at the Global Fintech Fest 2026 in Mumbai.
Flipkart now testing 'Eat In' food delivery service in Bengaluru
Walmart-backed Flipkart has begun testing its new food delivery service, 'Eat In,' among employees in Bengaluru.
This is the first AI-powered 'lights-out' factory in India
Tata Consultancy Services (TCS) has inaugurated a state-of-the-art "lights-out" factory at its Sahyadri Park campus in Pune.
Why Modi government wants these virtual digital asset platforms removed
The Indian government has ordered the removal of 15 virtual digital asset (VDA) platforms for violating anti-money laundering laws.
NSE to slash IPO price range to ₹1,700-1,785
The National Stock Exchange of India (NSE) is likely to price its long-awaited initial public offering (IPO) at ₹1,700-1,785 per share, according to a Bloomberg report.
Why Indian IT stocks lost ₹55,000cr in today's session
Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.
Brent crude hits $100 per barrel as US-Iran tensions escalate
Brent crude oil prices have surged to $100 a barrel for the first time since July 24. The spike comes as fears of supply disruptions from the Middle East region grow amid escalating attacks.
Coforge chairman resigns after internal audit raises concerns
Coforge, a leading Indian IT services provider, witnessed a major fall in its shares today after the resignation of its chairman, Om Prakash Bhatt.
Adani Airports raises $1B from Temasek, BlackRock and others
Adani Enterprises has announced its decision to raise nearly $1 billion (approximately ₹9,825 crore) by selling a stake in its airport unit, Adani Airport Holdings Limited (AAHL).
PhonePe, Visa introduce tap to pay and cross-border QR payments
PhonePe and Visa have launched three new payment features at the Global Fintech Fest 2026.
Coding start-up Cognition AI raises $2B at $48B valuation
Cognition AI, a start-up specializing in artificial intelligence (AI) coding, has raised $2 billion in its Series E funding round.
Singapore Airlines wants more control before fresh Air India funding
Singapore Airlines is looking for more management control and stronger governance rights before it agrees to pump in funds into Air India, as per Reuters.
Ajit Mohan, Snap's chief business officer, quits
Ajit Mohan, the Chief Business Officer at Snap, has announced his resignation after a four-year stint.
US suspends Cognizant's green-card applications amid visa fraud probe
The United States Department of Labor has suspended Cognizant's Permanent Labor Certification (PERM) filings.
Sensex plunges 600 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the BSE Sensex and NSE Nifty both witnessing sharp declines.
Rentomojo IPO opens with 33% GMP: Apply or avoid?
Rentomojo, a leading D2C rental and subscription platform in India, has launched its initial public offering (IPO) today.
Uber, Rapido licenses suspended for 6 months in Chandigarh
The Chandigarh administration has suspended the aggregator licenses of ride-hailing services Uber and Rapido for six months.
Qualcomm inks $4B custom chip agreement with Amazon
Qualcomm has announced a strategic partnership with Amazon, involving a $4 billion custom chip deal.
You can't use Uber, Rapido in Chandigarh till March 2027
The State Transport Authority (STA) of Chandigarh has suspended the aggregator licenses of Uber and Rapido for six months.
Hunter Biden to launch cryptocurrency inspired by his controversial laptop
Hunter Biden, the son of former US president Joe Biden, is launching a cryptocurrency inspired by his controversial laptop.
eBay under fire for delivering gender-prediction kits to India
eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.
Hedge fund billionaire Chris Rokos moving from UK to Greece
Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.
This Volkswagen car plant will now produce defense equipment
Volkswagen has announced plans to convert its Osnabruck car plant in northwestern Germany into a defense production facility.
Over 2L companies launched in India in 1 year
India's corporate landscape has witnessed significant growth over the past year, with the addition of over two lakh active companies between June 2025 and June 2026.
These workers in India can get up to 20% bonus
The Ministry of Labour and Employment has issued two notifications, announcing that employees in India earning up to ₹21,000 a month are eligible for a statutory bonus under the new labor code.