Databricks AI Chief to Exit, Launch a New Computer Startup
Fri, 12 Sep 2025 07:02:51 ISTNaveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position to launch a new venture making a novel type of computer, according to a person familiar with the matter.
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
Fri, 12 Sep 2025 04:33:09 ISTMICROSOFT-OPENAI:Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
Banks Union Says It Plans Action to Reintegrate Fired Itau Staff
Fri, 12 Sep 2025 04:03:54 ISTA union representing workers at Sao Paulo banks said it will file a collective action aimed at reintegrating Itau Unibanco Holding SA employees who were dismissed on Monday for alleged low productivity while working remotely.
ANZ CEO Unleashes ‘Nunogeddon’ on Bankers Alarmed by Job Cuts
Fri, 12 Sep 2025 03:49:49 ISTIn just four months, Nuno Matos has dismantled the decade-long legacy of ANZ Group Holdings Ltd.’s former boss Shayne Elliott.
Former exec of Mars candy subsidiary pleads guilty to stealing $28M from company
Fri, 12 Sep 2025 01:43:51 ISTFormer exec of Mars candy subsidiary pleads guilty to stealing $28M from company
Infosys approves fifth buyback worth Rs18,000 crore, its largest
Thu, 11 Sep 2025 23:34:51 ISTThe buyback continues a tradition of IT services companies returning excess back to shareholders. TCS and Wipro have both engaged in three buybacks each over the last five years.
RCPL signs MoU with Maharashtra govt to invest ₹1,513 crore in food and beverage facility
Thu, 11 Sep 2025 23:22:13 ISTReliance Consumer Products Ltd signed an MoU with Maharashtra to invest ₹1,513 crore in a new manufacturing facility in Nagpur. This is part of a larger investment strategy to boost packaged goods production and create 500 jobs in the region.
From Zerodha to Zepto: Ask Private Wealth and Hurun India release ‘Unicorn Report 2025’ list — check who made to top 20
Thu, 11 Sep 2025 23:11:42 ISTASK Private Wealth and Hurun India's ‘Unicorn and Future Unicorn Report 2025’ ranks India's start-ups, identifying 73 unicorns and 150 future unicorns; besides highlighting growth across sectors which showcase India's entrepreneurial spirit.
Oil India partners with Rajasthan's power generator for green projects
Thu, 11 Sep 2025 22:20:06 ISTOil India board has also approved the transfer of its renewable energy assets to its wholly-owned subsidiary OIL Green Energy
Infosys announces ₹18,000 crore share buyback, its largest ever in history
Thu, 11 Sep 2025 22:06:04 ISTThe Infosys share buyback size will not exceed 25 per cent aggregate paid-up capital, it said. The ₹18,000 crore Infosys buyback programme was announced after its board of directors approved the proposal during a meeting on the day.
Pointing in right direction: Nikhil Kamath highlights gender pay gap in India — Here's how netizens reacted
Thu, 11 Sep 2025 21:26:09 ISTZerodha co-founder Nikhil Kamath has ignited a discussion around gender pay gap and under-representation of women in leadership roles, despite data showing a significant increase in women's education and workforce participation in India. Here's what netizens had to say…
Mahindra accepts performance hit due to E20 use amid Gadkari’s political campaign claim
Thu, 11 Sep 2025 20:36:03 ISTMahindra will issue an advisory acknowledging that E20 ethanol-blended fuel may reduce performance in older vehicles not calibrated for it.
Zupee to lay off 170 employees, restructure ops amid new regulatory framework
Thu, 11 Sep 2025 20:09:10 ISTZupee to lay off 170 employees, restructure ops amid new regulatory framework
Govt notifies wider scope for fast track mergers under Companies Act
Thu, 11 Sep 2025 19:58:59 ISTGovt notifies wider scope for fast track mergers under Companies Act
Capital One sues FDIC for overcharge related to two bank failures
Thu, 11 Sep 2025 19:54:59 ISTUSA-FDIC/CAPITAL ONE (PIX):Capital One sues FDIC for overcharge related to two bank failures
Eruditus secures $150 million refinancing to fuel global expansion
Thu, 11 Sep 2025 19:35:45 ISTThe transaction includes an initial funding of $130 million, with a $20 million scale-up option—essentially extra money the company can tap into later if needed. Mars Growth Capital will provide up to $100 million, while HSBC will contribute up to $50 million.
Industry flags GST hike on capital goods, warns of impact on energy independence
Thu, 11 Sep 2025 18:33:04 ISTIndustry flags GST hike on capital goods, warns of impact on energy independence
India’s Tega Buys AIP-Affiliate Molycop for $1.5 Billion EV
Thu, 11 Sep 2025 18:24:00 ISTTega Industries Ltd. has agreed to buy control of Omaha-based mining equipment maker Molycop at an enterprise valuation of $1.5 billion, making it the biggest US deal by an Indian company in three years.
Gadkari urges sugar producers to diversify operations amid surplus production
Thu, 11 Sep 2025 18:18:52 ISTGadkari urges sugar producers to diversify operations amid surplus production
Pisco dance: Delhi High Court delivers setback to Peru in brandy dispute with Chile
Thu, 11 Sep 2025 17:52:22 ISTA division bench of Justices C. Hari Shankar and Om Prakash Shukla declined to stay a single-bench order from July that curtailed Peru’s exclusive rights over the spirit in India.
Adani bid to end bribery case stalls amid volatile US-India ties
Thu, 11 Sep 2025 17:29:43 ISTBillionaire Gautam Adani’s efforts to get US fraud charges against him resolved have stalled, according to people familiar with the matter, prolonging the regulatory overhang that has hobbled the Adani Group’s global expansion plans.
Prestige Hospitality plans to launch ₹2,700- crore IPO in October
Thu, 11 Sep 2025 17:25:43 ISTSebi approved the Prestige group firm's IPO in August. This will be the third public listing by a hospitality firm this year, after Schloss Bangalore and Brigade Hotel Ventures.
DHL, Maersk tap India tech hubs to outsmart tariffs with AI
Thu, 11 Sep 2025 17:15:55 ISTIndian tech centres are helping the world's largest logistics companies to navigate supply chain and tariff-related issues
New GST rates: Changes in milk prices? Amul MD Jayen Mehta clarifies cost for pouch and UHT milk — Check details
Thu, 11 Sep 2025 16:28:47 ISTAmul confirmed that there will be no change in packaged milk prices as it is not subject to GST, while price of UHT milk, which was earlier taxed at 5% rate and now brought to nil, will see cost reduction from September 22. Here's all you need to know… 
Inox Clean arm to acquire 640 MW hybrid power portfolio of Evergreen Group
Thu, 11 Sep 2025 16:10:53 ISTInox Neo Energies is set to by a 640 MW hybrid energy portfolio from Evergreen Group, strengthening its renewable pipeline. The agreement involves five wind-solar projects in Maharashtra, supporting India's renewable energy targets.
Top Beijing Adviser Says China Should Ditch Nvidia For Own Tech
Thu, 11 Sep 2025 16:09:43 ISTChina should develop chips to create AI that doesn’t rely on the type of accelerators popularized by Nvidia Corp., a top government adviser said, warning that Asian companies in particular risk becoming beholden to US technology.
ISMA reaffirms sugar production estimate of 349 lakh tons for 2025-26 season after crop review
Thu, 11 Sep 2025 15:41:26 ISTThe Indian Sugar Mills Association (ISMA) on Thursday reaffirmed its earlier projection of 349 lakh tons of gross sugar production for the 2025-26 season, following a crop review based on fresh satellite imagery and ground reports.
Biocon opens first US manufacturing facility: Kiran Mazumdar-Shaw confirms FDA approval — Here's all we know
Thu, 11 Sep 2025 15:36:13 ISTBiocon has inaugurated its first US manufacturing facility following a $30 million investment, the company said. The facility, operated by Biocon's subsidiary BGI, has a production capacity of 2 billion tablets. Here's all we know…
Get iPhone 17 in 10 minutes: Blinkit to deliver new Apple devices from this date. Check details here
Thu, 11 Sep 2025 14:27:27 ISTBlinkit will begin delivering Apple's new iPhone 17 series, on its app from September 19, the company announced on social media today.
India’s conglomerate boom: How Adani and Reliance are reshaping the market
Thu, 11 Sep 2025 14:24:57 ISTIndia’s top 10 conglomerates have added 20 listed companies since 2021—matching the total growth of the previous decade—led by Adani, Reliance, Tata, and JSW..More IPOs and demergers are expected, underscoring the growing dominance of India’s corporate giants.
Elon Musk reclaims world's richest man position hours after Larry Ellison took lead. Check their latest net worth
Thu, 11 Sep 2025 14:13:26 ISTElon Musk has reclaimed the title of world's richest man with a net worth of $384 billion, after briefly losing it to Larry Ellison, whose net worth had surged by $101 billion to $393 billion. 
China-UK Business Council Chief Sees Starmer Visit in Early 2026
Thu, 11 Sep 2025 12:38:55 ISTThe head of a UK-China business lobby group expects Prime Minister Keir Starmer to visit China in early 2026 to build on closer bilateral ties since the Labour government came to power.
Gautam Thakar steps down as CEO of Prosus’ global edtech practice
Thu, 11 Sep 2025 12:18:01 ISTGautam Thakar, who took up the role in August 2023, was instrumental in guiding edtech investments of Prosus in India through a downturn marked by significant corrections in valuations and pivots in business models.
Auto retail sector key interface between consumers and industry: Piyush Goyal
Thu, 11 Sep 2025 12:15:42 ISTUnion Minister of Commerce and Industry Piyush Goyal on Wednesday said that the automobile retail sector serves as the critical interface between consumers and the industry, playing a vital role in ethical marketing, transparent financing and insurance, and seamless registration processes.
CEO have gone from generals to orchestrators, says the head of a leading executive search firm
Thu, 11 Sep 2025 12:14:06 ISTConstantine Alexandrakis, CEO of Russell Reynolds Associates, said in the old days, the CEO was seen as the pinnacle of the pyramid. Now, to be effective, the CEO needs to work from the centre of the pyramid outwards.
