Business News
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Bitcoin crosses $86,000 mark
Bitcoin's price has surged past the $86,000 mark, marking a three-week-long recovery.
Trade measures against forced labor must be evidence-based: Piyush Goyal
India has called for trade measures against goods produced using forced labor to be backed by specific and verifiable evidence.
Sensex hits 52-week low: Why India's market rout is deepening
The Indian stock market is witnessing a major downturn, with the Sensex hitting a 52-week low of 71,293 on Thursday. This is lower than levels seen when crude prices had surged past $120 a barrel.
Adani Group to invest over ₹6 lakh crore in Maharashtra
The Adani Group has announced a massive investment plan of over ₹6 lakh crore in Maharashtra.
Nike's market value has plunged $230B from its peak
Nike's shares crashed by a staggering 8.5% in after-hours trading on Thursday to $32.20. The fall was triggered by the company's disappointing fiscal first-quarter results and an even bleaker outlook for the future.
FAA to hold safety review over Boeing 737 MAX software
The US Federal Aviation Administration (FAA) will hold a safety review on Friday over a software issue affecting Boeing's 737 MAX aircraft.
Broadcom seeks $60B financing to support Anthropic, other AI firms
Broadcom Inc. is reportedly seeking $60 billion in new financing for artificial intelligence (AI) chips.
New Mexico seeks $40B penalty against Meta over privacy violations
New Mexico has demanded that a judge impose penalties of between $35 billion and $40 billion on Meta Platforms.
US-India trade deal not 'imminent': US trade chief
The United States and India are still working on the details of a long-awaited trade agreement, US Trade Representative Jamieson Greer said on Thursday.
Musk warns Delta CEO over choosing Amazon's Leo over Starlink
Elon Musk has expressed his displeasure at Delta Air Lines for opting Amazon's Leo over SpaceX's Starlink for in-flight Wi-Fi.
Microsoft's Office and Teams chief departs
Ryan Roslansky, the former CEO of LinkedIn and current head of Microsoft Office and Teams, is leaving the tech giant.
Who is Anup Bagchi, HDFC Bank's new CEO?
HDFC Bank, India's leading private lender, has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer (CEO) for a three-year term.
These BSNL plans now come with free insurance
Bharat Sanchar Nigam Limited (BSNL) has introduced free insurance benefits with two prepaid plans.
Oil prices surge over 2% as China halts fuel exports
Oil prices surged by over 2% on Thursday, with Brent crude crossing the $100 per barrel mark.
India's GST collections cross ₹2 lakh crore in September
India's gross Goods and Services Tax (GST) collection for September stood at ₹2,03,521 crore, a year-on-year increase of 14.7%.
Airtel Money sets IPO price, targets $7B valuation
Airtel Africa's mobile payments business, Airtel Money, has announced the price for its upcoming initial public offering (IPO) in London.
Nifty suffers longest losing streak in 25 years
India's benchmark index, the Nifty50, is on its longest losing streak in 25 years.
California bans AI from making layoff decisions
California has passed a groundbreaking law, the 'No Robo Bosses Act,' that prohibits employers from using artificial intelligence (AI) as the sole basis for firing or disciplining employees.
UPI crosses 800M daily transactions for first time
India's Unified Payments Interface (UPI) has hit a major milestone, processing 24.07 billion transactions worth ₹29.37 lakh crore in September.
Paramount names Ynon Kreiz co-CEO ahead of Warner merger
Paramount has announced the appointment of Ynon Kreiz as its new co-CEO, ahead of the completion of its $110 billion merger with Warner Bros. Discovery.
India's manufacturing sector rebounds in September
India's manufacturing sector witnessed a growth spurt in September, ending a three-month-long slowdown.
AI voice start-up ElevenLabs hits $22B valuation
AI voice start-up ElevenLabs has announced a major milestone in its growth journey. The company is letting employees cash out a part of their vested equity at a whopping $22 billion valuation.
Who is Anup Saha, Kotak Bank's new MD and CEO?
Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its new Managing Director and Chief Executive Officer (CEO).
US stocks rise as softer inflation cools Fed hike fears
US stocks have witnessed a surge, reversing the September decline in the S&P 500 index.
Noel vs Srinivasan: What's happening at Tata Trusts?
Noel Tata, the chairman of Tata Trusts, and his son Neville have filed multiple caveats with the Maharashtra charity commissioner.
Moneyview lists at 62% premium: Should you hold or sell?
Moneyview, a prominent player in the financial technology sector, has made its debut on the National Stock Exchange(NSE) with a bang.
Gautam Adani overtakes Mukesh Ambani to become India's richest
Gautam Adani has reclaimed the title of India's richest person, according to Forbes' 2026 list.
Commercial LPG cylinders get costlier by up to ₹71.5
The price of the 19kg commercial LPG cylinder has been hiked from today. The increase varies across cities, with Delhi seeing a hike of ₹62.50, taking the total cost to ₹2,810.
Coca-Cola might file for $1B India IPO in December
Coca-Cola is said to be planning an initial public offering (IPO) of its Indian bottling unit, Hindustan Coca-Cola Beverages.
Why Hotmail founder Sabeer Bhatia wants 55% inheritance-tax in India
Sabeer Bhatia, the co-founder of Hotmail, has sparked a fresh debate over inheritance tax in India.
Why employee morale at Flipkart is down
Flipkart, the Walmart-owned e-commerce giant, is facing a major leadership crisis as several top executives have resigned in recent months.
FSSAI suspends license of Seven Seas Hospitality over hygiene violations
The Food Safety and Standards Authority of India (FSSAI) has suspended the license of Seven Seas Hospitality Pvt Ltd for serious hygiene and sanitation violations.
This IT services provider is planning $7B IPO in India
EQT AB-owned Virtusa is considering an initial public offering (IPO) in India, which could value the company at $7 billion.
DoorDash to create 3,000 jobs in India by 2028
Food delivery giant DoorDash has announced plans to create 3,000 jobs in India over the next two years.
OpenAI seeks $30B at $1.4T valuation ahead of IPO
OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round.
This renewable energy firm has filed for ₹10,000cr IPO
Inox Clean Energy, part of the INOXGFL Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹10,000 crore initial public offering (IPO).
Why Tesla has lined up credit backup worth $30B
Tesla has secured $30 billion in new credit lines to help scale its upcoming products, including the Cybercab robotaxi and Optimus robot.
China's manufacturing sector returns to growth in September
China's manufacturing sector has shown signs of recovery in September, according to an official survey.
Why Noel Tata is opposing Tata Sons listing
Noel Tata, who heads the charitable trusts that own 66% of Tata Sons, has voiced his opposition to the public listing of Tata Sons.
Apple Pay launched in India: How to use it
Apple has launched its payment service, Apple Pay, in India. The move marks the company's entry into one of the world's largest digital payments markets.