Business News
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M&M Q2 profit jumps 25% to ₹4,588 crore
Mahindra & Mahindra has reported a robust 25% year-on-year increase in its consolidated net profit for the second quarter of FY27.
Blinkit to charge ₹2,500 for non-emergency ambulance rides
Blinkit has introduced a new fee structure for its ambulance services. The company now charges ₹2,500 for non-emergency patient transfers.
Shiprocket swings to profit as Q2 revenue jumps 35%
Shiprocket, a leading logistics and e-commerce enablement company based in New Delhi, has posted a net profit of ₹60 lakh for the second quarter of FY27.
Dubai Duty Free offers Indian travelers 10% UPI discount
Indian travelers can now enjoy a 10% discount at Dubai Duty Free by using India's Unified Payments Interface (UPI) for payments.
HDFC Bank hikes FD rates: Check new returns
HDFC Bank has revised its fixed deposit (FD) interest rates, effective from November 4, 2026.
Microsoft rejects multibillion-dollar deal with data center firm Nscale
Microsoft has rejected a multibillion-dollar agreement to more than double the size of its existing agreement with UK-based artificial intelligence (AI) company Nscale to rent computing power at a Texas data center.
Zomato now delivers food from restaurants up to 40km away
Zomato has launched a new feature called 'Limitless Delivery,' allowing customers to order food from their favorite restaurants even if they are far away.
Meta offers voluntary exits to employees in France
Meta, the tech giant led by Mark Zuckerberg, has joined the likes of Microsoft and Google in offering voluntary exits to select employees.
Tonbo Imaging shares double in just 10 trading sessions
Tonbo Imaging's shares jumped by 14% on Thursday, following the company's September quarter results.
OpenAI plans market debut in 2027 as enterprise sales surge
OpenAI President Greg Brockman has revealed that the company now earns most of its revenue from enterprise sales.
Lenskart jumps 10% after strong Q2 earnings
Lenskart's shares jumped over 10% on Thursday after the eyewear retailer reported a massive 122.1% year-on-year (YoY) jump in its consolidated profit for the September quarter.
Crude oil slips below $94 as US-Iran war fears ease
Oil prices have been on a downward trend for four consecutive days, with Brent crude futures dropping by 1.03% to $93.65 per barrel and US West Texas Intermediate crude futures falling by 1.29% to $86.98 per barrel on Thursday.
Sensex jumps 1,400 points, Nifty crosses 24,300
India's stock market opened on a high note today, extending its winning streak for the sixth consecutive session.
Sequoia raises $10B while scaling back global operations
Sequoia Capital, a leading global venture capital firm, has announced a major restructuring of its operations. The company has raised around $10 billion in new funds as part of this initiative.
Who is Emma Walmsley, HP's newly appointed CEO?
HP Inc. has appointed Emma Walmsley as its new Chief Executive Officer (CEO).
Google extends buyout offers to staff in 5 more countries
Google has extended its voluntary employee buyout program to five new countries. The move comes as part of a cost-cutting strategy amid the company's heavy investments in artificial intelligence (AI).
Lenskart's Q2 profit more than doubles to ₹232.5cr
Lenskart, India's leading eyewear retailer, has reported a massive year-on-year (YoY) growth in its net profit for the September quarter.
Cabinet clears ₹14,500cr scheme for 92GWh energy storage
The Union Cabinet has approved a massive ₹14,500 crore funding scheme aimed at developing 92GWh of new grid-scale energy storage capacity across India.
3,000 points in 3 days: What's driving the Sensex rally?
The Indian stock market has witnessed a massive turnaround in the last few sessions, with the Sensex surging by nearly 3,000 points.
AMD books $1B charge tied to OpenAI, Meta deals
Advanced Micro Devices (AMD) is witnessing a major impact on its profits due to its strategy of giving away stakes in its future success.
India's services growth hits 4-month high
India's services sector, a key driver of the economy, has witnessed its fastest growth in four months.
Canva's biggest restructuring affects 22% of its workforce
Canva, one of Australia's most valuable tech start-ups, has announced a major restructuring plan that will see over 1,200 employees laid off or relocated.
Amul hikes butter, ghee prices ahead of Diwali
Amul has increased the prices of ghee and butter ahead of Diwali. The company has increased the cost of a 1kg carton of ghee by ₹50 to ₹680.
How Indian investors allegedly lost ₹100cr in Stockal trading scam
Nearly 30 retail investors have reported unauthorized access to their Stockal accounts and liquidation of their US stock holdings.
Mukesh Ambani reclaims top spot among Asia's richest billionaires
Reliance Industries chairman and MD Mukesh Ambani has reclaimed the title of Asia's richest person, according to Forbes's Real-Time Billionaires list.
Foreign investors pump $2.3B into Indian stocks in 10 days
Foreign portfolio investors (FPIs) have invested $2.28 billion in Indian equities over the last 10 days.
India's gold demand to hit 6-year low in 2026
India's gold demand is projected to hit a six-year low in 2026, driven by high prices and weakening rural demand, as per the World Gold Council (WGC).
Microsoft to raise $25B through bond sale
Microsoft has announced plans to raise $25 billion through a bond sale.
SBI Q2 profit rises 14% to ₹23,038 crore
State Bank of India (SBI), the country's largest lender, has reported a net profit of ₹23,038 crore for the second quarter of FY27.
GIFT Nifty extends trading hours to 23.5 hours a day
The NSE International Exchange (NSEIX) has announced extended trading hours for the NSE IFSC Nifty 50 Index Futures, popularly known as GIFT Nifty.
Anthropic's Q3 $17B revenue comes with $567M loss
Anthropic, the AI firm behind Claude, has reported an operating loss of $567 million for the third quarter.
Disney plans to lay off thousands: Report
Walt Disney is reportedly planning to lay off thousands of employees as part of a major restructuring effort.
Sensex gains over 900 points: What's driving today's rally?
The benchmark equity indices, Sensex and Nifty, continued their winning streak on Tuesday.
Website builder Squarespace cuts 19% of workforce
Website-building platform Squarespace has announced a major downsizing, laying off 19% of its workforce.
BLS Polymers shares list at 65% premium after 241x subscription
BLS Polymers Ltd. debuted on the bourses today, November 3, with a bang.
Apple revenue jumps 12% to record $114.5B in Q4
Apple has reported a record-breaking revenue of $114.48 billion for its fourth fiscal quarter of 2026, marking a 12% increase from the same period last year.
SUSE cuts 10% of jobs as AI reshapes software industry
SUSE, a leading open-source software company, has announced plans to lay off around 10% of its global workforce.
Oracle plans $20B raise to fuel its AI push
Oracle has announced plans to raise $20 billion through the sale of new stock and bonds.
Chipmaker Marvell buys optical tech firm Lumentum for $115B
Custom chip designer Marvell has announced its acquisition of optical chip and networking equipment maker Lumentum.
Ambani leads Forbes' billionaire gainers list with $6.3B wealth jump
Reliance Industries Chairman Mukesh Ambani has topped Forbes's billionaire gainers list, adding over $6 billion to his fortune in just one day.