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Netflix could lay off around 850 employees amid declining engagement
Netflix is planning to lay off around 850 employees as part of a restructuring effort, according to Puck News.
Airtel Money debuts on London Stock Exchange with $7B valuation
Airtel Money, the digital financial services arm operating across Africa, has made its debut on the London Stock Exchange (LSE) with a valuation of £5.3 billion (nearly $7 billion).
NVIDIA-backed data center firm cancels $5B IPO amid market volatility
Firmus, an artificial intelligence (AI) data center company backed by NVIDIA, has called off its initial public offering (IPO) plans on the Australian Securities Exchange (ASX).
Tribunal limits Chanda Kochhar's access to ICICI Bank's internal data
The Securities Appellate Tribunal (SAT) has partly accepted ICICI Bank's review plea, overturning a part of its earlier order in the case of former MD and CEO Chanda Kochhar.
Apple appoints new head for mergers and acquisitions
Apple CEO John Ternus is shaking up the company's leadership team, according to a Bloomberg report.
GitLab to open its 1st India office in Bengaluru
GitLab, a leading provider of AI-powered software development tools, has announced plans to open its first office in India.
SoftBank CEO seeks $100B from Gulf investors for AI investments
Masayoshi Son, CEO of SoftBank Group, is reportedly looking to raise up to $100 billion from Gulf investors.
SpaceX buys spectrum to make Starlink major US mobile carrier
SpaceX has announced a major development in its telecommunications strategy.
TCS to hire 15,000 people in US despite green-card curbs
Tata Consultancy Services (TCS) has announced its plan to hire 15,000 people in the US over the next five years to further strengthen its local workforce.
Why are markets rallying despite US green-card restrictions?
The Indian stock market witnessed a major recovery on Friday, with the BSE Sensex jumping over 800 points and the Nifty nearing the 22,500 mark.
IRDAI may cap insurance commissions to lower costs for policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) is planning to implement major reforms in insurance distribution.
Flock Safety to cut 18% of workforce amid surveillance backlash
Flock Safety, a leading provider of AI-powered surveillance cameras and license-plate readers, is planning to lay off around 18% of its workforce, according to Reuters.
Why OpenAI's annualized revenue is $20B lower than previously reported
OpenAI's annualized revenue has been revised to $50 billion, a figure that is about $20 billion lower than previously reported.
Trump suspends Microsoft, Adobe from green card program
The Trump administration has suspended tech giants Microsoft and Adobe, along with others from a program that facilitates permanent residency for skilled foreign workers in the US.
GST Council's new goods rules: Who can stop, check consignments?
The Goods and Services Tax (GST) Council has proposed stricter regulations for the inspection of goods in transit.
GST officers can no longer arrest taxpayers
The Goods and Services Tax (GST) Council has decided to revoke the arrest powers of GST officers. The decision was taken during a meeting on Thursday.
GST process reforms to be implemented from April 2027: FM
Union Finance Minister Nirmala Sitharaman has announced that all process reforms approved by the Goods and Services Tax (GST) Council on October 8 will come into effect from April 1, 2027.
GST Council limits rate changes to once a year
The Goods and Services Tax (GST) Council will now consider tax rate changes only once a year, Finance Minister Nirmala Sitharaman announced on Thursday.
GST Council approves reforms for registration, returns, refunds, and enforcement
The 57th Goods and Services Tax (GST) Council has approved a series of process reforms aimed at simplifying registration, returns, refunds, and enforcement.
OpenAI hires another SpaceX executive to lead sales
OpenAI has appointed Ismail Elmas to lead sales across Europe, the Middle East, and Africa as a vice president. The move comes as part of a broader strategy to strengthen its presence in these regions.
Musk lost $21B in hours: What hit his trillion-dollar fortune?
Elon Musk, the world's richest trillionaire, saw his net worth plummet by over $21 billion on Wednesday.
Tencent considers $5B bond sale to fund AI spending
Chinese tech giant Tencent is considering raising up to $5 billion through an offshore bond sale, Bloomberg reported.
Nifty hits 52-week low, Sensex crashes over 1,000 points
The Indian stock market witnessed a major downturn today, with the Nifty 50 index hitting its lowest point in 2026.
TCS Q2 profit rises 4% to ₹13,884 crore
Tata Consultancy Services (TCS), India's leading IT services firm, has reported a 4% sequential rise in its consolidated net profit for the second quarter of FY27.
Paytm, MobiKwik shares fall amid potential UPI MDR postponement
Shares of One97 Communications (Paytm's parent company) and One MobiKwik Systems fell sharply on Thursday, amid uncertainty over the potential postponement of the UPI Merchant Discount Rate (MDR).
Jio building indigenous satellite technology for India: Akash Ambani
Reliance Jio is working on an indigenous satellite technology stack and has filed patents for the same.
Air India to offer physical SIM, eSIM to international travelers
Air India has launched a new service called EasyRoam, specially designed for international travelers.
HDFC's Bagchi to become India's highest-paid bank CEO at ₹35.9cr
HDFC Bank has proposed an annual remuneration package of up to ₹35.9 crore for its incoming MD and CEO, Anup Bagchi.
US 30-year yield hits 24-year high
The US 30-year Treasury bond yield has hit its highest level in nearly a quarter of a century. The benchmark long-term yield touched 5.7041%, the highest level in 24 years.
JioHotstar brings Indian shows and films to Middle East
JioHotstar is expanding its global presence by partnering with STARZPLAY, a leading regional streaming platform.
Manus raises over $500M in 1st funding round post-Meta split
Manus, a leading artificial intelligence (AI) start-up, has raised over $500 million in its first funding round since its split from Meta Platforms.
Sensex falls nearly 800 points: What's behind today's decline?
India's benchmark indices, the Sensex and Nifty, witnessed a sharp decline on Thursday.
Samsung Q3 profit seen surging 782% to record $80B
Samsung Electronics has projected a staggering nine-fold increase in its quarterly profit year-on-year.
India rejects Musk's 'oligarchs' allegation over Starlink hurdles
The Indian government has refuted SpaceX CEO Elon Musk's allegations that "certain oligarchs" are hindering the launch of his satellite internet company, Starlink, in India.
Amazon cuts nearly 1,000 jobs, mainly in retail
Amazon has confirmed a fresh round of job cuts, mainly in its Stores unit that runs the main e-commerce website.
How InMobi is using AI to transform India's tourism
InMobi, a leading technology company and India's first unicorn, has announced its plan to leverage artificial intelligence (AI) to promote tourism in India.
Blue Origin could go public in coming years: Jeff Bezos
Jeff Bezos, the billionaire founder of Blue Origin, has hinted that the space company may go public in the coming years.
Larry Ellison's son invests $17B in Paramount-Warner Bros. merger
David Ellison, the son of Oracle co-founder Larry Ellison, has invested some $17 billion to help Paramount acquire Warner Bros. Discovery Inc.
What RBI's 'calibrated tightening' stance means
The Reserve Bank of India (RBI) has raised its key repo rate by 25 basis points to 5.5%.
Indian rupee slips to ₹96.78 as RBI turns more hawkish
The Indian rupee has weakened against the US dollar, closing at a five-month low of ₹96.78 per dollar. This is down from its previous close of 96.43 per dollar.