Business News
Docterz Raises ₹5 Crore Funding
Around 20 doctors who use the health-tech platform contributed nearly ₹3 crore, accounting for approximately 60 per cent of the funding round.
Supreme Court Flags NCLT Autonomy Crisis
The Supreme Court questioned the Ministry of Corporate Affairs' control over tribunal administration, citing staff vacancies, recruitment concerns and infrastructure problems.
Whirlpool Launches AI Freshness Detection Refrigerators
The Luxuriem range uses sensors to monitor ethylene levels in stored produce and alert users to possible over-ripening, with prices starting at ₹98,000.
Dyson Study Exposes India’s Hidden Cleaning Gaps
A survey across seven Indian cities finds that under-furniture dust, stubborn hair and rapidly resettling dust remain common household cleaning challenges.
Dyson Study Reveals India’s Hidden Cleaning Gaps
A survey of 651 respondents finds that under-furniture dust, persistent hair and uneven cleaning results remain common household frustrations.
Philips Launches Premium 1000W Mixer Grinders
The new Hulk range features quieter Double Ball Bearing motor technology, heavy-gauge steel jars and a food processor model with six preparation functions.
India Extends Export Relief Scheme to 2027
The government extends support for eligible exporters until March 31, 2027, with 95% risk coverage under a scheme addressing West Asian shipping disruptions.
Tata Communications Plans $450 Million AI Network
The company plans to build around 10,000 kilometres of fibre infrastructure connecting India’s major AI and data-centre hubs over multiple phases.
Jio IPO Draws Record Investor Demand
Reliance Industries’ ₹30,213-crore public offering was fully subscribed in about 100 minutes, marking an unusually fast start for India’s largest IPO.
India Post Revenue Crosses ₹4,000 Crore Again
India Post recorded ₹4,202 crore in second-quarter revenue, with parcel services leading growth and first-half revenue rising 24 per cent year-on-year.
India Business Growth Hits Four-Month High
Stronger orders and services activity lifted private-sector growth in October, while hiring nearly stalled and inflationary pressures eased.
Rupee Gains As Trade Deal Hopes Rise
The Indian currency strengthened to ₹94.45 per dollar on October 21, supported by India-US trade optimism and RBI measures, while elevated oil prices limited gains.
SBI Investigates Exposure of Customer Records
The bank identified personal information in 3,897 customer records found in a larger dataset on the dark web and has launched an independent investigation.
Oil Surge Deepens Indian Market Selloff
The Sensex and Nifty fell as crude prices above $110 a barrel heightened inflation concerns and uncertainty over interest rates.
Rubio Tours Jamnagar Refinery, Discusses Energy
The US Secretary of State meets Reliance leadership as Washington seeks stronger energy cooperation, including greater processing of Venezuelan crude.
Jio Platforms IPO Opens at ₹1,119
India’s largest-ever public issue seeks to raise ₹30,213 crore, with investors watching subscription demand, valuation and the company’s digital growth prospects.
Indian Shares Rise as Jio IPO Opens
IT stocks and Reliance Industries support early gains as investors watch India's record $3.2 billion Jio Platforms share offering and rising crude prices.
Indian Startup Funding Falls 45% Yearly
Boldfit and GreenCell Mobility lead a $231.5 million funding week as early-stage deals account for more than half of capital raised.
Gold Rises as Softer Oil Eases Inflation Fears
Investors assess the Federal Reserve’s next move as lower crude prices offer support to bullion ahead of key US inflation data.
DoT Extends Robert Ravi’s BSNL Tenure
The interim extension runs until January 14, 2027, as the government continues the search for regular leadership at the state-owned telecom operator.
Oil Prices Fall Despite Middle East Tensions
Crude benchmarks retreat as investors assess supply recovery, shipping disruptions and possible easing of US sanctions on oil vessels.
46 Companies Set To Announce Q2 Results
Nestlé India, Wipro, Tech Mahindra, Jio Financial Services and IRFC feature among the companies scheduled to report September-quarter earnings.
Wipro Sets October 15 Earnings Announcement
The IT services company will announce its September-quarter results after market hours, followed by a management conference call.
AI-Linked Stocks Shine Amid Market Slump
Indian companies supplying fibre networks, data centres and power infrastructure rally as investors seek indirect exposure to the global artificial intelligence boom.
IT Stocks Lift Indian Shares Despite Rate Fears
Indian benchmarks open higher as technology stocks gain, even as hotter US inflation raises expectations of further Federal Reserve rate hikes and foreign investor outflows persist.
IDBI Bank Stake Sold for ₹52,878 Crore
The Cabinet approves Fairfax's bid for a 60.72% stake in IDBI Bank, while the government and LIC will retain minority holdings pending regulatory clearance.
Railway Employees to Get ₹17,951 Bonus
The Cabinet approves a 78-day productivity-linked bonus for 11.4 lakh eligible non-gazetted railway employees at a total cost of ₹2,009.61 crore.
Fairfax Wins Approval for IDBI Bank Stake
The Cabinet approves a ₹52,878-crore bid for a 60.72% stake in IDBI Bank, marking a major step in the bank's strategic sale.
Retail Inflation Rises to 5.54% in September
Food inflation climbs to 7.74% as rising vegetable prices push up household costs, with rural inflation outpacing urban price pressures.
India Smartphone Shipments Face Sharp Decline
Rising memory-chip costs and higher handset prices are squeezing demand, with India's smartphone shipments projected to fall around 20% year-on-year in Q3 2026.
India Reviews China's Services Trade Barriers
New Delhi seeks industry feedback on licensing, data rules and visa restrictions as it examines opportunities to expand Indian services exports to China.
IMF Warns of Rising Global Market Risks
The fund flags a potential AI-driven market correction, rising sovereign borrowing costs and cyberattacks as threats to financial stability.
Amazon Eyes $7 Billion Decart Acquisition
Amazon is reportedly in talks to acquire AI startup Decart for around $7 billion, seeking technology that could help developers run artificial intelligence workloads across different chips and strengthen its custom AI chip business.
Crude Oil Falls as Russian Supply Outlook Improves
Crude oil prices declined on October 13 as traders weighed the possibility of additional Russian diesel supplies against renewed supply risks following attacks on Saudi Arabia and concerns over Gulf shipping routes.
Gold Slips as Dollar Strengthens Ahead of US Inflation Data
Bullion edges lower as investors assess the dollar's strength and await US inflation readings that could influence the Federal Reserve's interest-rate path.
Indian Shares Rise as IT Stocks Lift Markets
Indian equities advanced on October 13, supported by strong IT earnings and RBI measures to support the rupee, while rising inflation and elevated crude oil prices continued to raise concerns about further interest rate hikes.
Rupee Extends Recovery as RBI Tightens Forex Rules
The Indian currency is expected to strengthen further after the Reserve Bank of India expanded foreign-exchange hedging requirements and tightened rules for non-deliverable rupee derivatives.
Indian Firms Develop AI Wearables for Local Needs
At India Mobile Congress 2026, Jio, Torchit and Qualcomm showcased wearable technology focused on Indian languages, accessibility, digital payments and education.
TCS Shares Rally as AI Revenue Surges
Investors welcomed stronger international business and stable operating margins as annualised AI revenue crossed $3 billion despite cautious client spending.
RBI Moves to Tighten Banking System Liquidity
The central bank plans ₹25,000 crore in bond sales and tighter daily cash reserve requirements as it withdraws surplus funds from banks.
RBI Raises Repo Rate to 5.5%
The MPC raised the benchmark rate by 25 basis points and shifted to calibrated tightening as inflation risks broadened despite resilient economic growth.
India Auto Retail Hits Record September High
Vehicle registrations surged 31.82% year-on-year to 25.37 lakh units, with strong festive demand lifting most major segments.
Vivo X Fold 6 Price Leaked at ₹2.2 Lakh
The premium foldable is tipped to cost ₹2,19,999 for its 12GB RAM and 512GB storage variant ahead of its expected India launch on October 6.
Vivo, OPPO Prepare Major October Phone Launches
The Vivo V80, Vivo S2 FE and OPPO F35 series are set to arrive in India, with a possible Vivo foldable launch also drawing attention.
Indian IT Firms Brace for Muted Q2 Growth
Cautious client spending, longer deal cycles and AI-led pricing pressure are expected to limit September-quarter growth at major technology services companies.
Tata Motors, Ashok Leyland Report Strong Growth
Commercial vehicle sales rose over 30% year-on-year in Q2 FY27 despite weak monsoon conditions and higher input costs.
Iran Links Hormuz Reopening to US Conditions
Tehran says the strategic shipping route will remain closed until Washington meets seven conditions, as diplomatic efforts continue.
OpenAI Safety Employee Quits Over AI Risks
David Robinson says the AI industry must prioritise stronger safeguards and safety research as increasingly capable systems are developed.
India Raises Deepwater Gas Price Ceiling
The revised ceiling rises to $9.89 per MMBtu for difficult-field gas through March 2027, while legacy gas remains capped at $7.