Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
RBI dismisses rumours of new cheque books from January 2027
The Reserve Bank of India (RBI) has debunked rumors about new Cheque Truncation System (CTS) cheque books with enhanced security features.
Muhurat trading today: Check trading schedule, timings, and settlement rules
The Indian stock market will host a special one-hour Diwali Muhurat trading session today.
Binance CFO exits after $6.3B crypto hack
Kaiser Ng, the Chief Financial Officer (CFO) of cryptocurrency exchange Binance, is leaving his position.
Foreign investors pour ₹46,000cr into Indian equities in one week
Foreign institutional investors (FIIs) have made a massive investment in Indian equities, pouring in a net amount of ₹45,960 crore over the last week.
Berkshire buys back $9.6B in shares as earnings fall 5.8%
Berkshire Hathaway, led by CEO Greg Abel, reported a 5.8% decline in its third-quarter operating earnings to $12.7 billion.
SEBI's revised settlement rules introduce new fees and faster procedures
The Securities and Exchange Board of India (SEBI) has implemented its new Settlement of Administrative and Civil Proceedings Regulations, 2026.
Long-time Google exec resigns from SpaceX board
Donald Harrison, a long-time Google executive, has resigned from the board of directors at SpaceX.
Amazon agrees to $310M refund lawsuit settlement: Who is eligible
Amazon has agreed to a massive $309.5 million settlement over allegations of failing to properly issue refunds to customers.
SBI expands international presence, opens new branch in Texas
The State Bank of India (SBI) has expanded its international presence by opening a new branch in Frisco, North Dallas, Texas.
Microsoft's AI research head resigns, calls situation a 'train wreck'
John Langford, the mind behind Microsoft's AI research group, AI Frontiers, has resigned from the tech giant.
Coca-Cola's Indian bottler files draft papers for $1B IPO
Hindustan Coca-Cola Holdings (HCCH), the parent of Hindustan Coca-Cola Beverages (HCCB) and The Coca-Cola Company's largest bottling partner in India, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
Sequoia shuts London office, ends scout program in major restructuring
Sequoia Capital, one of the world's leading venture capital firms, has announced a major restructuring.
ED raids CoinDCX, Delta offices over alleged exchange violations
The Enforcement Directorate (ED) has raided the offices of cryptocurrency platforms CoinDCX and Delta Exchange in Bengaluru.
Voltas appoints Noel Tata as Chairman Emeritus
Leading cooling products manufacturer Voltas has announced the appointment of Noel N Tata, Chairman and Director of the company, as its new Chairman Emeritus.
OpenAI hits $1.25 trillion valuation on $11B funding round
OpenAI has reportedly raised $11 billion in a new funding round, valuing the artificial intelligence (AI) lab at a whopping $1.25 trillion.
PNB fraud: Court issues non-bailable warrant against Jayesh Shah
A special Central Bureau of Investigation (CBI) court has issued an open-ended, non-bailable warrant against Jayesh Shah, a Hong Kong-based accused in the Punjab National Bank (PNB) fraud case.
MobiKwik gets RBI nod to start NBFC operations
MobiKwik Financial Services Private Limited (MFSPL), a wholly-owned subsidiary of One MobiKwik Systems, has received the Reserve Bank of India's (RBI) Certificate of Registration to operate as a Non-Banking Financial Company (NBFC).
BSNL, Vodafone Idea in talks to share network infrastructure: Report
State-owned telecom giant Bharat Sanchar Nigam (BSNL) and private operator Vodafone Idea are reportedly in discussions to share network infrastructure.
Mamaearth parent Honasa's Q2 profit jumps 87% to ₹73 crore
Honasa Consumer Limited, the parent company of Mamaearth, has reported stellar financial results for the September quarter (Q2FY27).
Dhanteras to generate over ₹1 lakh crore in business: CAIT
The Confederation of All India Traders (CAIT) has predicted that Dhanteras will generate over ₹1 lakh crore in business across India today.
Centre clears 12 electronics projects worth ₹7,500 crore
The Indian government has approved 12 projects under the Electronics Component Manufacturing Scheme (ECMS), with a combined investment of over ₹7,500 crore.
Gujarat Energy signs 10-year LNG deal with ADNOC
Gujarat Energy has signed a long-term Sales and Purchase Agreement (SPA) with Abu Dhabi National Oil Company (ADNOC) to procure up to four million tons of Liquefied Natural Gas (LNG).
Sensex rallies 1,000 points as global markets tumble
The Indian stock market has shown remarkable resilience on November 6, defying weak global cues and continuing its upward trajectory.
Indian rupee hits 6-month high against US dollar
The Indian rupee has hit a six-month high of 94.08 against the US dollar on Friday, its strongest intraday level since May 7.
Oil tops $100 amid tanker attacks in Strait of Hormuz
Crude oil prices have surged in response to reports of fresh attacks on tankers in the Strait of Hormuz.
NCLT declares Videocon promoter Venugopal Dhoot bankrupt
The National Company Law Tribunal (NCLT), Mumbai bench, has declared Venugopal Dhoot, the promoter of Videocon Industries, as bankrupt. The ruling comes after a ₹12,668 crore claim by the State Bank of India (SBI).
KLM to cut 1,000 jobs
Dutch airline KLM has announced plans to cut around 1,000 jobs in the coming years. The decision comes as a response to rising fuel prices and higher operating costs.
Why Anthropic's $1.5T IPO is facing pushback from investors
Anthropic's proposed $1.5 trillion valuation for its IPO is facing resistance from major investors, The Wall Street Journal reported.
Why Noel Tata is stepping down as Titan vice-chairman
Noel Tata, the Vice-Chairman and non-executive non-independent director of Titan Company Ltd, will retire from his position on November 12.
Nasdaq enters correction territory
The Nasdaq Composite Index has entered correction territory, having fallen over 5% on Thursday.
Tesla, SpaceX lose over $420 billion after US midterm results
Elon Musk's companies, Tesla and SpaceX, have witnessed a massive dip in their combined market capitalization by over $420 billion.
China's 10-year bond yield hits record low
China's 10-year government bond yield has hit an all-time intraday low of 1.58%, according to Bloomberg.
Gaming software provider Unity in talks for takeover
Unity Software, a leading provider of gaming software, is in talks for a potential acquisition by a consortium of investors. according to Reuters.
Jack Dorsey's Block conducts 2nd round of layoffs this year
Twitter co-founder Jack Dorsey's fintech company Block has laid off employees for the second time this year.
Apple seeks $7 billion through bond sale
Apple is looking to raise around $7 billion through a US-dollar bond offering, Bloomberg reported on Thursday.
Foreign investors pump $1.6B into Indian stocks in one day
India has witnessed its biggest single-day foreign investment in nearly six years, with overseas investors buying Indian equities worth ₹14,796 crore on Thursday.
$2.5T wiped out as Nasdaq plunges 5.5% in one day
The Nasdaq Composite index nosedived by a staggering 5.52% on Thursday, marking its biggest single-day decline in 19 months.
Adani Ports acquires European storage giant Evos for €2.5B
Adani Ports and Special Economic Zone Limited (APSEZ) has announced its plan to acquire a 100% stake in Netherlands-based Evos B.V.
Bharti Airtel Q2 profit rises 31% to ₹8,888cr
Bharti Airtel has reported a 31% increase in its net profit for the quarter ending September 30, 2026. The telecom giant's net profit stood at ₹8,888 crore during this period.
Muhurat trading on November 8: Check NSE, BSE timings
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will host a special Muhurat trading session on Sunday, November 8, 2026. The event is being held to celebrate Diwali Laxmi Pujan.