BMW to Cut 20% of Management Roles by 2027
BMW Group is planning to reduce the number of its divisions and associated management roles by 20% by the middle of 2027 as the German luxury…
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Honda Partners With Tata Technologies to Cut India Vehicle Costs by 20%
Honda Motor is changing the way it develops vehicles for India, partnering with Tata Technologies in an effort to make…
RBI Sets ₹25,000 Crore Threshold for New Counterparty Risk Rules; Smaller Banks Get Choice
The Reserve Bank of India has set a ₹25,000 crore threshold for banks that will be required to adopt the…
Govt Cuts Sugar Dealers’ Stock Limit to 1,000 Quintals From October 15
The government has further tightened sugar inventory rules by cutting the stock-holding limit for dealers to 1,000 quintals from October…
Navi in Talks to Raise $40 Million From Elevation
Sachin Bansal-led fintech company Navi is in advanced talks to raise around $40 million (about ₹380 crore) from Elevation, just…
CoreWeave Enters India With 240 MW AI Data Center Deal
CoreWeave plans to enter India with 240 megawatts (MW) of AI data-centre capacity at AdaniConneX’s Taloja campus in Navi Mumbai.…
GST Council May Exempt Banks From 18% GST on Inter-Branch Transfers
The GST Council may consider exempting certain inter-branch transactions of banks from the 18% GST levy, potentially reducing a tax…
Ola Electric Approves ₹1,000 Crore Rights Issue at ₹27 Per Share
Ola Electric Mobility has set the terms of its ₹1,000 crore rights issue at ₹27 per share. Its October 7…
RBI Paytm Bank Exclusion Dates to July 31, Not Oct 7
The Reserve Bank of India (RBI) directed the removal of Paytm Payments Bank Limited (PPBL) from the Second Schedule to…
Trump Rules Out AI Joint Venture With China, Citing Risk to US Secrets
US President Donald Trump has ruled out a joint venture with China to develop artificial intelligence, arguing that closer technological…
McDonald’s Faces AI Price-Fixing Lawsuit
McDonald’s is facing a proposed nationwide class-action lawsuit in the US alleging that the fast-food chain used an AI-powered pricing…
ChatGPT Users Lead, but AI Spending Stays Uneven
An Andreessen Horowitz report dated October 5 shows ChatGPT users leading consumer AI in August mobile rankings, web visits and…
OpenAI Math: 722 Manuscripts Released for Review
OpenAI math now includes 722 mathematical manuscripts generated by an unreleased internal AI model, giving mathematicians access to a huge…
Meesho Approves ₹50 Crore Investment in Kirana Club
Kirana Club is the B2B retail platform behind Meesho’s proposed expansion into small-shop procurement. In an October 6 stock-exchange filing,…
India’s $438 Million Q3 AI Funding Boom Was Dominated by Just 4 Deals
India’s artificial intelligence startup sector attracted $438 million in AI funding across 35 deals in the third quarter of 2026,…
Smart Kitchen Brand Beyond Appliances Raises ₹110 Crore in Series B
Bengaluru-based smart kitchen technology company Beyond Appliances has raised ₹110 crore ($11.4 million) in a Series B funding round led…
Vijay Shekhar Sharma Offers Personal Cheques to Founders Building AI Models
Paytm founder and CEO Vijay Shekhar Sharma is offering personal cheques to founders building artificial intelligence models, as he pushes…
SEBI Tells SAT Jane Street’s Document List Is Not a ‘Short List’, Refuses Counterparty Data
India’s capital-markets regulator Securities and Exchange Board of India (SEBI) has told the Securities Appellate Tribunal (SAT) that the documents…
TPG Sells More Shadowfax Shares in ₹115 Crore Bulk Deal
TPG-backed NewQuest Asia Fund IV has sold another 40 lakh shares of Shadowfax Technologies in an open-market bulk deal worth…
September Demat Account Additions Fall to 2.89 Million
India’s retail participation in the stock market showed signs of cooling in September, with the number of new demat accounts…
RBI Allows Depositories to Add Bank Deposit Details to Consolidated Account Statements
The Reserve Bank of India (RBI) has announced a measure that will allow SEBI-regulated securities depositories to include information about…