Business Markets
The Securities and Exchange Board of India has given its no-objection for the National Stock Exchange’s initial public offering, removing a key regulatory hurdle and clearing the way for the long-awaited listing. Long-Delayed IPO Moves Forward The NSE first applied for a public listing in 2016, but the process was delayed due to regulatory and […]
Business
Apple has acquired Israeli artificial intelligence startup Q.ai to strengthen its capabilities in audio processing and on-device intelligence, according to people familiar with the matter. The company has not disclosed the financial terms of the deal. Focus on On-Device AI Q.ai is known for developing AI technologies that improve how devices understand and process sound,
Business Markets
Indian equity benchmarks traded lower in noon deals, with investor sentiment turning cautious amid mixed global cues and stock-specific selling. Benchmark Indices Under Pressure The BSE Sensex slipped 381 points, while the Nifty 50 fell below the 25,300 mark during mid-session trade. Selling pressure was seen across key sectors, dragging the broader market lower. Stocks
Business
Google India reported an 11.3% rise in gross advertising revenue in the financial year ended March 2025, reaching ₹34,742 crore. The growth reflects continued strength in digital advertising demand across the Indian market. Net Revenue Under Pressure Despite higher gross ad revenue, Google India’s net advertising income declined during the year due to increased payouts
Business
Amazon is reportedly in early discussions to invest up to $50 billion in artificial intelligence company OpenAI, as part of a potential large funding round. The talks are not final, and no agreement has been announced so far. Early-Stage Discussions People familiar with the matter say the discussions are preliminary and could change in size […]
Business
Apple has posted its highest-ever quarterly revenue in India during the October to December 2025 period, driven by strong demand across iPhone, Mac, iPad and services. The company said growth in the country remained strong despite broader global uncertainties. Strong Growth Across Products Apple reported double-digit growth in India during the quarter, with all major […]
Business
Amazon has announced a fresh round of job cuts, eliminating around 16,000 corporate roles globally as part of an ongoing restructuring effort. The move is aimed at reducing costs and streamlining management layers amid a changing economic environment. Focus on Efficiency and Restructuring The company said the layoffs are concentrated largely in corporate and administrative
Business
Adani Defence and Aerospace and Brazilian aircraft maker Embraer have signed a memorandum of understanding to explore aircraft manufacturing opportunities in India. The partnership aims to develop a domestic ecosystem for regional aircraft production in line with India’s push to strengthen its aviation manufacturing capabilities. Scope of the Collaboration Under the MoU,