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Alpha Wave might sell 1.6% stake in Lenskart for ₹1,691cr
Global investment firm Alpha Wave Ventures LP is planning to sell up to a 1.6% stake in omnichannel eyewear retailer Lenskart via a block deal, CNBC-TV18 reported citing sources.
India's e-commerce festive sales touch ₹24,000cr in first 2 days
India's e-commerce companies have raked in business worth around ₹24,000 crore in the first two days of the ongoing festive season sale.
World Bank in talks with 30-40 countries for crisis aid
The World Bank is currently engaged in discussions with 30 to 40 countries for potential crisis aid.
Japan becomes top FDI source for India in Q1 FY27
Japan has emerged as the biggest source of foreign direct investment (FDI) into India during the April-June quarter of FY27.
1 in 4 travelers booked multiple festive trips last year
According to a report by backpacker hostel chain Zostel, nearly one in four travelers booked multiple festive trips between October and December last year.
India to achieve $1 trillion exports this fiscal: Piyush Goyal
India is poised to achieve over $1 trillion in exports during the current financial year, Commerce and Industry Minister Piyush Goyal announced.
SBI warns of 'jumped deposit' scam: How to stay safe?
The State Bank of India (SBI) has issued a warning about a new form of fraud called the "jumped deposit" scam.
FPIs pull out ₹44,166cr from Indian equities in October
Foreign portfolio investors (FPIs) have pulled out ₹44,166 crore from Indian equities in October. The withdrawal takes the total outflows for the year to over ₹3 lakh crore.
Why Infosys isn't worried about suspension of US PERM program
Infosys has said that the recent suspension of new and pending applications under the Permanent Labor Certification (PERM) program by the US will not have a material impact on its operations.
Suzlon's new AI-powered wind blade factories to create 3,000 jobs
Suzlon Group is investing ₹550 crore to establish three AI-powered wind blade factories.
Green-Card suspension: What happens to investments on returning to India?
The Trump administration has suspended several tech giants including Microsoft, Infosys, Cognizant, Tata, Wipro, HCL Technologies, Capgemini and Adobe from the Permanent Labor Certification Program (PERM).
Developing countries facing energy crisis, El-Nino, high borrowing costs: UN
Developing countries are facing a major crisis due to rising energy costs, the El Nino weather phenomenon, and high borrowing costs.
India aims to boost steel-production capacity to 604MMT by 2047
India has unveiled a draft steel policy, aiming to ramp up the country's steel production capacity from the current 220 million metric tons (MMT) to an ambitious 604 MMT by 2047.
SEBI to release new closing auction guidelines
The Securities and Exchange Board of India (SEBI) is set to issue new guidelines for price settlement in the derivatives segment during the closing auction session.
Jeff Bezos invests $100M to turn neglected land into parks
Amazon founder Jeff Bezos is investing $100 million to transform neglected urban land into parks in eight US cities.
Russia has partially lifted a ban on diesel exports
Russia has announced the partial lifting of its diesel export ban, effective immediately.
Why US is releasing 4M barrels from strategic oil reserves
The United States has authorized the release of up to four million barrels of crude oil from its Strategic Petroleum Reserve (SPR).
India-US trade deal will keep changed circumstances in mind: Goyal
Commerce and Industry Minister Piyush Goyal has said that the India-US trade pact will be finalized in line with changing circumstances.
Trump probes TV networks over White House coverage boycott
The US Justice Department is investigating five major television networks for potential violations of antitrust laws.
Air India offering big discounts for students: Check offers
Air India is offering a flat 10% discount on domestic base fares for eligible one-way and round-trip bookings made by October 20.
DMart parent's Q2 profit jumps 8.5% YoY to ₹743cr
Avenue Supermarts, the company behind popular supermarket chain DMart, has reported an 8.5% year-on-year (YoY) rise in its consolidated net profit for the second quarter of FY27.
Eternal supports livelihoods of over 1% of Indians: Deepinder Goyal
Deepinder Goyal, the founder of Zomato, has revealed that his company's parent firm, Eternal, supports over 1% of India's population.
RBI to sell government securities worth ₹25,000cr on October 13
The Reserve Bank of India (RBI) will conduct an open market operation (OMO) sale auction of government securities worth ₹25,000 crore on October 13.
India's office space leasing down 20% in Jan-Sep: Report
The net leasing of office spaces in India has witnessed a sharp decline of 20% during the January-September period, according to a report by real estate consultant Cushman & Wakefield.
Sridhar Vembu refutes Musk's claim of Starlink facing license issues
Sridhar Vembu, the co-founder and chief scientist of Zoho Corporation, has responded to Elon Musk's allegations about regulatory challenges for Starlink in India.
ED arrests Sadhna Group chairman in ₹168cr money laundering case
Rakesh Kumar Gupta, the Chairman of Delhi-based media and broadcast company Sadhna Group, was arrested by the Enforcement Directorate (ED) on Friday.
Euro hits 17-month low against dollar: What's the reason?
The euro has witnessed a major fall, with the currency hitting a 17-month low of $1.1161 on Monday.
India Post to expand drone delivery across 110 Himachal routes
In a major leap toward modernization, India Post has announced the expansion of its drone-based mail and parcel delivery service.
Automattic's interim finance chief departs weeks after boardroom shakeup
Automattic's interim Chief Financial Officer (CFO) Jeremy Klaperman has resigned from his position, just weeks after taking on the role.
India's AI sector lacks scale for IPOs, says Piyush Goyal
India's Commerce Minister, Piyush Goyal, has said that the country's artificial intelligence (AI) sector is not yet at a stage where it can support stock market listings.
Jev AI model creator TypeSafe raises $870M at $7.5B valuation
TypeSafe AI, the company behind the revolutionary Jev artificial intelligence (AI) model, has raised $870 million at a whopping $7.5 billion valuation.
Diet Coke cans have become costlier in India
Some Coca-Cola bottlers and retailers in India have increased the price of Diet Coke by a whopping 40%.
EU strikes a preliminary trade deal with China
The European Union (EU) and China have struck a preliminary trade deal aimed at addressing trade imbalances between the two economic giants.
Why TCS is withholding quarterly bonuses of senior employees
Tata Consultancy Services (TCS), India's largest IT services company, has decided to withhold quarterly performance bonuses for its senior employees in the C3A grade and above.
Amazon just reshuffled its Alexa leadership
Amazon has announced a major leadership reshuffle in its Alexa division.
How RBI plans to meet dollar needs of oil companies
The Reserve Bank of India (RBI) has announced a special facility to meet the daily dollar requirements of three state-owned oil marketing companies.
RBI revises foreign exchange rules: How they affect you
The Reserve Bank of India (RBI) has announced new regulations for the foreign exchange market.
OpenAI's Asia-Pacific public policy head departs after 6 months
Sanghyun Lee, OpenAI's top public policy executive for the Asia-Pacific region, is leaving his post after just six months, according to Bloomberg.
Jio Platforms sets price band for India's largest-ever IPO
Jio Platforms Ltd. the telecom and digital services arm of Reliance Industries, is set to price its shares at ₹1,065-1,119 apiece, Bloomberg reported.
India could be among first countries to launch 6G: Jio
Reliance Jio is preparing to introduce 6G connectivity, saying India could be among the first countries to launch commercial 6G services.