Category: Business

The rupee has declined 4.5% versus the US dollar over the year so far and is among the worst-performing Asian currencies this year. (Reuters)
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Rupee opens 0.4% stronger against US Dollar as RBI seen propping up currency| Business News

The Indian Rupee strengthened 0.4% against the US Dollar on Monday as the Reserve Bank of India intervened to prop up the local currency. The…

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India's new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent contractors. (HT)
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What Swiggy, Zomato and their ilk must do under India labour codes| Business News

The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig…

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Meesho generated  ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI Image)
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Meesho eyes $6-billion valuation in IPO set for early December launch| Business News

Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of…

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The Find X9 Pro some exclusivity with the Hasselblad camera partnership. (Vishal Mathur/ HT Photo)
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Elite camera arsenal, and a flagship benchmark| Business News

Things are indeed getting very serious. Android flagships for 2026 are beginning to walk through the door already, which signifies how phone makers don’t want…

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‘30s is the new 40s': Indian CEO flags early mid-career crisis as well-paid employees leave jobs
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‘30s is the new 40s’: Indian CEO flags early mid-career crisis as well-paid employees leave jobs

Young professionals are rethinking their careers much earlier than before, with many leaving stable jobs in search of excitement, growth, and new challenges. A CEO…

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Foxconn has separately announced a venture with Intrinsic to explore AI data centres. (Reuters)
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OpenAI teams up with Foxconn to build hardware for AI data centres| Business News

OpenAI is partnering with Hon Hai Precision Industry Co. (Foxconn) to design and manufacture hardware for AI data centres, amid a grow need for AI…

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Signage at the Foxconn Technology Co. battery cell plant in Kaohsiung, Taiwan (Bloomberg)
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Nvidia says working with Foxconn to introduce AI in manufacturing lines| Business News

Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer…

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Groww's share price has been on a rollercoaster of late. (Bloomberg)
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Groww shows 25% jump in net profit to ₹471 crore in first results since listing| Business News

Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged….

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Uday Kotak, founder of Kotak Mahindra Bank. (Mint)
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Kotak Mahindra Bank, a house that Uday Kotak built—from ₹30 lakh to ₹4.2 lakh crore| Business News

Kotak Mahindra Bank Ltd., a house that Uday Kotak built with a little help from Anand Mahindra, has completed 40 years of operations today—from ₹30…

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Mark Zuckerberg's Meta Platforms will also land its ambitious subsea cable project ‘Waterworth’ at Sify's landing station near Vizag. (Bloomberg)
Posted in Business

Meta Platforms is said to partner Sify for 500 MW AI data centre in Visakhapatnam| Business News

Meta Platforms Inc. is said to partner Nasdaq-listed and India-focused Sify Technologies Ltd. to set up a 500 MW data centre in Visakhapatnam, as global…

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