Noor Ul Haq

Peak XV's Rajan Anandan says Indian AI companies are best placed to win the domestic market, backed by rising computing capacity, homegrown models and affordable applications.

Companies linked to Alice Huang reportedly invested in DeepSeek's second funding round and pledged to supply Nvidia's restricted Blackwell chips, raising fresh questions over technology transfers to China.

Wall Street opened under pressure as Nvidia shares plunged more than 11% following Jensen Huang's exit, dragging the Nasdaq lower, while the Dow remained largely unchanged.

Nvidia has appointed veteran technology executive Harvey C. Jones as its first-ever board chair after Jensen Huang resigned as CEO, with CFO Colette Kress taking interim charge.

Invoking the iconic Baahubali mystery, Commerce Minister Piyush Goyal says India offers global trade partners something increasingly rare in today's world: a country they can trust.

Nvidia's potential leadership transition has put CFO Colette Kress and AI chief Ian Buck in focus, with investors weighing financial stability against technological leadership.

Ola Electric says demand is outpacing supply and every scooter it produces finds a buyer. Yet, the company is shutting its direct stores, shifting entirely to dealers to cut costs and improve cash flows.

Zee Entertainment has approved a share buyback of up to Rs 600 crore at Rs 91 per share, offering investors a 24% premium over Thursday's NSE closing price of Rs 73.50.

US stock futures slipped as Nvidia tumbled on reports surrounding Jensen Huang's future, while weakness in chip stocks, profit-booking and rising bond yields added to investor caution.

Milk, ghee, butter, detergents and cigarettes have become costlier across India, while commercial LPG and aviation fuel prices have also climbed, adding to the pressure on household and business budgets.

India has revamped its visa framework, offering one-year multiple-entry medical visas for conventional and AYUSH treatments, while simplifying applications to attract more foreign patients.

ITC has raised Gold Flake Premium cigarette prices by 8% to Rs 135 per pack of 10, marking its second price hike this year amid higher taxes and pressure on legal cigarette volumes.

US stocks opened higher on Wednesday, led by a strong rebound in AI and semiconductor shares. Nasdaq surged while the Dow remained largely subdued as investors assessed inflation and Fed rate hike prospects.

Unacademy founder Gaurav Munjal is transitioning from CEO to Executive Chairman, with Akhilendra Kumar taking charge as CEO. Munjal will remain closely involved in daily operations and support the upGrad IPO.

The Nifty 50 gained 2% in October, but midcap and smallcap indices fell sharply. HSBC MF attributes the divergence to FII selling, high crude prices and retail deleveraging.

Canada's Fairfax Financial Holdings plans to sell its nearly 11% stake in IIFL Finance to raise funds for its proposed acquisition of a 60% stake in IDBI Bank, Reuters reported.

Nasdaq futures rally as investors reassess the AI trade, Nvidia's recent selloff and geopolitical risks, while muted Dow futures point to a selective recovery in risk appetite.

Zerodha said a technical issue at BSE disrupted price updates in the futures and options segment across brokers on Wednesday. The brokerage later confirmed that the issue had been resolved.

Patna Municipal Corporation raised Rs 199.99 crore through its maiden bond issue, with proceeds earmarked for infrastructure projects across 15 locations in the Bihar capital.

Nvidia shares extended losses as allegations surrounding CEO Jensen Huang's relationship with an alleged Chinese spy intensified scrutiny of the chipmaker's China business and US export controls.