Business / NewsBytes
OpenAI has welcomed the team from Crossing Minds, a start-up that specializes in AI recommendation systems for e-commerce businesses.
The Employees' Provident Fund Organization (EPFO) is working on a plan to allow its members to withdraw their Employees' Provident Fund (EPF) money directly through ATMs or Unified Payments Interface (UPI).
Meta, the parent company of Facebook and Instagram, is in advanced talks to acquire PlayAI, a voice cloning start-up, according to Bloomberg.
ICICI Prudential Life Insurance has launched a new market-linked insurance product, the ICICI Pru Smart Insurance Plan Plus (SIP+).
The Indian government's Union Cabinet has approved a major one-time waiver of over 6 lakh crore in spectrum dues for certain government departments, including Defense, Railways, and Space.
Cricketing legend Virat Kohli has made a major investment of 40 crore in Agilitas, a Bengaluru-based sports goods manufacturing company, according to Moneycontrol.
Wakefit Innovations, a Bengaluru-based start-up known for its direct-to-consumer (D2C) mattresses and home solutions, has filed draft papers for an initial public offering (IPO).
Tata Sons, the holding company of the $400-billion Tata Group, has proposed to set up a trust with an estimated allocation of 500 crore.
Freddy Kristiansen, a 59-year-old former principal product manager at Microsoft, is still going to work at his Denmark office even after being laid off in May.
Nike has warned that the tariffs imposed by US President Donald Trump on key trading partners could add roughly $1 billion to its costs this year.
The US and China have reached an agreement to speed up the shipment of rare earth minerals to the US.
Jio BlackRock Broking has received approval from the Securities and Exchange Board of India (SEBI) to start its operations as a brokerage firm in India.
OYO has launched India's first Japanese-themed hotel under its premium brand, SUNDAY.
Masayoshi Son, the CEO of SoftBank Group Corp., has indicated his readiness to eventually hand over the reins of the company.
Walmart-backed Flipkart is leveraging social videos and livestreams to win over young Indian consumers.
Rapido, one of India's leading bike taxi services, is gearing up to enter the food delivery sector.
Foreign portfolio investors (FPIs) withdrew over $1.06 billion from Indian debt securities in June, following a massive outflow of $3.03 billion in April.
Jeff Bezos, the founder of Amazon and space exploration company Blue Origin, is reportedly trying to leverage the recent fallout between President Donald Trump and Elon Musk.
Intel will shut down its automotive business and lay off the majority of its employees in that segment.
Elon Musk has fired Omead Afshar, Tesla's head of manufacturing and operations for North America and Europe.
Google has launched a new tool, Offerwall, to help publishers generate revenue amid declining traffic due to its AI search features.
The recent Air India plane crash in Ahmedabad has triggered a wave of panic among Indian flyers.
Amazon's Counterfeit Crimes Unit (CCU) has helped the company secure over $180 million in court-ordered penalties and 65 criminal convictions worldwide.
HDFC Bank has reduced the interest rates on select fixed deposit (FD) tenures by 25 basis points (bps), effective from June 25.
The North Atlantic Treaty Organization (NATO) leaders have pledged to increase their defense spending, a move that has led to a rally in Indian defense stocks.
Founder of Amazon, Jeff Bezos, and his journalist fiance, Lauren Sanchez, have arrived in Venice for their upcoming wedding.
Noida-based defense-tech and aerospace start-up, Raphe mPhibr, has raised $100 million in a funding round led by General Catalyst.
India's digital consumer market is expected to surpass the $1 trillion mark by 2030, a new report from Bessemer Venture Partners has said.
Network Rail, the government-owned body responsible for Britain's railway infrastructure, has announced a major project to eliminate mobile phone blackspots on key railway lines and tunnels by 2028.
In a strategic move, PhonePe and HDFC Bank have launched the 'PhonePe HDFC Bank Co-branded Credit Card' on the RuPay network.
Eli Lilly has received regulatory approval from the Central Drugs Standard Control Organization (CDSCO) for its diabetes and weight-loss drug, Mounjaro.
A group of authors has filed a lawsuit against Microsoft, accusing the tech giant of using their books without permission to train its Megatron artificial intelligence model.
The Securities and Exchange Board of India (SEBI) has imposed a fine of 25 lakh on the Bombay Stock Exchange (BSE).
NVIDIA has become the world's most valuable company, overtaking tech giants Microsoft and Apple.
The wealth of the world's 3,000 billionaires has increased by a staggering $6,500 billion (4,800 billion) in real terms over the last decade, according to a report by the NGO, Oxfam.
Sam Altman, the CEO of OpenAI, has publicly shared private conversations leading up to a lawsuit against his company.
British multinational oil and gas company Shell has reportedly denied being in early-stage talks to acquire rival British Petroleum (BP) in a potential mega-merger, despite earlier reports suggesting otherwise.
Panasonic is downsizing its consumer electronics business in India, exiting unprofitable categories such as refrigerators and washing machines.
A US District Court judge has dismissed a copyright infringement lawsuit against Meta, the parent company of Facebook.
Bumble, the popular dating app, has announced a major round of layoffs. The company will be parting ways with around 240 employees, which is nearly 30% of its global workforce.
IT giant Cognizant has announced plans to establish a new campus in Andhra Pradesh.
In a major development for urban mobility in the National Capital Region (NCR), Rapido has partnered with the Delhi Metro Rail Corporation (DMRC) and the Open Network for Digital Commerce (ONDC).
Sunjay Kapur, who recently died in a freak accident, had spoken about a 10-year plan for his future.
Mukesh Ambani, Chairman of Reliance Industries, has opened up about his plan for the company in an interview with McKinsey.
Sunjay Kapur, the chairman of Sona Comstar and a prominent figure in the automotive technology industry, died at the age of 53 earlier this month.
Mukesh Ambani, the billionaire industrialist and Chairman of Reliance Industries, has called the launch of Reliance Jio in 2016 as the iggest risk of his life.
The Employees' Provident Fund Organisation (EPFO) has simplified its online claim process by removing the requirement of uploading a scanned image of a cheque or bank passbook.
Apple has become the second-largest tablet brand in India. It recorded a 27% year-on-year increase in its market share, which now stands at 16%.
Stocks of railway companies saw an uptick in today's trading session.
Jensen Huang, the CEO of NVIDIA Corporation, has sold 100,000 stocks of the company.