Business News
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Sensex tanks 1,300 points from day's high
The benchmark indices, Sensex and Nifty, witnessed a sharp decline on September 15 with the former plunging 1,300 points from intraday highs.
Flipkart creates 2.5L jobs in India ahead of festive season
E-commerce giant Flipkart has announced the creation of over 250,000 direct and indirect job opportunities across India.
Cleartrip's 'Elite' loyalty program is here: How it helps you
Cleartrip, the travel platform owned by Flipkart, has launched a new loyalty program called 'Elite.'
Accenture to pay $25M to settle DEI probe in US
Accenture, an IT consulting firm, has agreed to pay $25 million to the US government.
Musk's X settles antitrust lawsuit with Apple
Elon Musk's X Corp and SpaceXAI, a division of SpaceX, have resolved their antitrust lawsuit against Apple.
Samsung India's public affairs head Rajiv Aggarwal has quit
Rajiv Aggarwal, the head of public affairs and ESG at Samsung India, has resigned after nearly four years in the role.
OpenAI acquires smartphone camera tech firm for over $300M
OpenAI, the artificial intelligence (AI) giant behind ChatGPT, has acquired smartphone camera technology firm Glass Imaging for over $300 million.
Oracle workers face another wave of layoffs
Tech giant Oracle has reportedly started another round of job cuts.
Indian bonds see major decline today: What's the reason?
Indian bonds have taken a hit after the Reserve Bank of India (RBI) announced its plan to sell sovereign notes.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
UPI charges explained: What changes for payments above ₹2,000?
The Indian government has said that no charges will be levied on Unified Payments Interface (UPI) transactions of up to ₹2,000.
Rice is becoming costlier in India. Reason? US-Iran war
Rice, a staple food in India, is becoming more expensive due to the ongoing US-Iran war.
India and Canada start 4th round of trade pact talks
India and Canada have entered the fourth round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
Essar's retail arm to acquire UK forecourt operator for £400M
Essar Energy Transition's retail arm, EET Retail, has announced its plan to acquire independent UK forecourt operator SGN Retail.
Indian manufacturers race ahead of global firms in factory leasing
According to a recent report by Savills India, domestic manufacturers are leading the charge in India's industrial real estate sector.
AI stocks plunge as industry leaders urge slower model development
Global AI-related stocks witnessed a major dip on Monday, following Anthropic CEO Dario Amodei's call for a slowdown in the development of AI capabilities.
India's retail inflation rises to 4.82% in August
India's retail inflation surged to 4.82% in August, up from July's 4.45%, according to government data released today.
India extends 654MW power supply to Nepal through 2026
India has approved the export of 654 megawatts (MW) of electricity to Nepal Electricity Authority.
Indiabulls diversifies into fintech with ₹1,050cr deal
Indiabulls has announced its plan to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore.
This auto component maker plans to raise $400M via IPO
Faridabad-based Victura Group, a leading manufacturer of auto components, has appointed Rothschild as an advisor for its upcoming public listing.
India's formal workforce grows, but women remain underrepresented
India's formal employment sector is witnessing rapid growth, with the Employees' Provident Fund Organization (EPFO) adding 69.03 lakh net members between April and July 2025.
InsuranceDekho co-founders consider stepping down ahead of IPO
InsuranceDekho's co-founders, Ankit Agrawal and Ish Babbar, are reportedly considering stepping down from their roles in the IPO-bound company.
Who will lead HDFC Bank next? Here are top contenders
HDFC Bank has nominated two candidates for its top job: Deputy Managing Director Kaizad Bharucha and an external candidate.
TRAI rethinks spam rules as legitimate AI calls increase
The Telecom Regulatory Authority of India (TRAI) is working on a new regulation to prevent legitimate AI business calls from being marked as spam.
Anthropic signs $13.7B AI compute deal with RUM Group
Anthropic has signed a six-year compute agreement worth $13.7 billion with RUM Group, as reported by The Information.
SoftBank raises $11.87B loan for OpenAI investment
SoftBank Group has secured an $11.87 billion loan to fund its investment in US-based artificial intelligence (AI) firm OpenAI. The amount is higher than the initial target of $10 billion.
India's wholesale price inflation rises to nearly 10% in August
India's wholesale price inflation has seen a marginal rise, hitting 9.92% in August 2026 as compared to 9.78% in July.
Anthropic picks Nasdaq for IPO
Anthropic, the AI company behind Claude chatbot, is gearing up for a major initial public offering (IPO) on Nasdaq.
Gold falls as US inflation data fuels Fed rate-hike bets
The price of gold has witnessed a slight dip, following the release of hotter-than-expected US inflation data.
SoftBank plunges 13% as AI chiefs urge slower development
SoftBank Group's shares plummeted over 13% in Tokyo on Monday, marking their biggest fall since late June.
Brent nears $110 as US-Iran conflict drives oil higher
Oil prices witnessed a sharp spike on Monday, with Brent crude breaching the $107 per barrel mark. The surge is mainly due to rising tensions in the Middle East and fears of potential disruptions to global energy supplies.
Tata Sons could be valued ₹9-12.5L crore in an IPO
Tata Sons, the holding company of the Tata Group, could be valued between ₹9 lakh crore and ₹12.5 lakh crore in a potential initial public offering (IPO), as per the Economic Times.
Why Amazon has suspended work with 21 Air
Amazon has announced a temporary halt in its operations with 21 Air LLC, the owner of the cargo plane that crashed in Miami last week.
Vodafone Idea seeks ₹35,000cr loan to meet capex needs
Vodafone Idea (Vi), one of India's leading telecom service providers, is in the process of forming a consortium of eight to 10 lenders.
RBI liquidity surplus hits record: Will loans get cheaper?
India's banking system is witnessing an unprecedented cash surplus, with liquidity exceeding ₹11 lakh crore in early September. This is a record high, according to Bloomberg data.
Google ramps up AI talent hunt with Mechanize acquisition
Google has officially acquired San Francisco-based artificial intelligence (AI) start-up, Mechanize. The deal, which is said to be worth over $1.5 billion, was completed recently.
This Chennai-based port is planning ₹1,200cr IPO in India
Kamarajar Port Ltd, the first corporate major port in India, is gearing up for an initial public offering (IPO).
India's semiconductor sector has raised $1.4B in equity funding
India's semiconductor industry has witnessed a massive surge in equity funding, attracting $1.4 billion across 281 companies, according to data from Tracxn.
Why EVs, home appliances might soon become costlier in India
The recent surge in copper prices, which have now crossed $14,000 per ton, is likely to make electric vehicles (EVs) and consumer appliances more expensive.
Why PwC India, US are creating a joint venture
PwC India and PwC US have announced a joint venture to combine their advisory capabilities in India and the US.