Business News
Fairfax To Sell IIFL Finance Stake To Fund IDBI Bank Purchase, Say ReportCanada'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.
$703-Million Stake: Anthropic's Low-Profile Indian-Origin CFO Will Be One Of AI's Biggest WinnersAnthropic CFO Krishna Rao holds nearly 9.5 million shares, including exercisable options, worth an estimated $703 million at the midpoint of the proposed IPO price range.
Noida Metro To Rs 62,000 Crore Farm Subsidy: Cabinet Clears Big-Ticket DecisionsThe Cabinet has also cleared two credit guarantee funds. These include Rs 5,000 crore for Micro Units and Rs 4,111 crore for the Stand-Up India scheme.
223% Return Since Listing: Eternal Hits Fresh Record High; Is There More Room To Run?Eternal's food delivery gross order value (GOV) grew 22% year-on-year (YoY) in Q2FY27, ahead of Swiggy's 18% growth.
Bajaj Hindusthan Sugar Q2: Net Loss Widens To Rs 121 Crore, Revenue Falls 16%Bajaj Hindusthan Sugar reported mixed segment performance in the September quarter.
Indian Airlines Expand Premium Seats Despite Capacity Cuts, IndiGo Leads Push | Profit ExclusiveIndian carriers added 3.1% more premium seats in Winter Schedule 2026, with IndiGo accounting for the biggest expansion even as Air India and Air India Express cut capacity.
From 13% Down To Near Flat: How Nifty And Sensex Recovered From War-Time LossesThe rebound, analysts believe, has come amid easing crude oil prices, hopes of de-escalation in West Asia, improving corporate earnings and a return of foreign portfolio investors (FPIs) to Indian equities.
Uber Parking: How It Works, What Users Can Expect And Where It Will Initially Be AvailableUber introduced "Uber Parking" on its app's home screen.
Nifty IT Rebounds In October After A 36% Fall From Record. But Has The Rally Gone Too Far Already?The Nifty IT index had dropped 36% from its all-time high in July 2026. After slumping 11% in September, the index rallied 17% in October, signalling a sharp recovery in the sector.
NVIDIA's Jensen Huang Probe Gets An Outside Investigator: Here's Who The Board AppointedNVIDIA's independent directors have appointed former acting US attorney Joon H Kim and law firm Wachtell, Lipton, Rosen & Katz to lead the probe into reports that CEO Jensen Huang was targeted by a foreign intelligence effort.
Qualcomm Layoffs: What Will Employees Losing Their Jobs Receive? Severance And Benefits ExplainedQualcomm faces handset revenue drop due to weak demand and rising memory costs. Despite $10.44B in quarterly revenue, it's cutting costs and expanding into AI infrastructure, data centers, and automotive technology.
From Gold Coins To Diet Coke: What Diwali Shopping Carts Reveal About India's ConsumptionData shared by Swiggy, Instamart and Zepto for the November 6-8 festive period points to a broad-based surge in consumption, spanning food delivery, gifting, home décor, beauty and high-value purchases.
