Category: Business

An Ola Electric scooter. (Bloomberg)
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Ola Electric says secured ₹366.78 crore PLI incentives for FY25| Business News

Ola Electric on Thursday said it has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to ₹366.78…

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Valued at USD 7 billion, the company has raised a total of USD 1.8 billion, or about  ₹16,000 crore, from marquee investors since its inception. (HT)
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Zepto said to file confidential draft IPO papers today for 2026 listing| Business News

Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as…

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FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 (REUTERS)
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India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time,…

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The US economy has maintained momentum as consumers powered ahead and the most punitive of President Donald Trump’s tariffs were rolled back. (Reuters)
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The tariffs that nearly stole Christmas| Business News

For toymakers, Christmas starts early. As the world is grouching through dry January, toy firms are finalising festive designs and signing deals with factories. By…

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The gig workers strike is a protest against what their associations claimed were worsening working conditions and reduced pay amid lack of social security. (PTI)
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Gig, delivery workers call for all-India strike on Christmas Day, New Year’s Eve| Business News

Associations representing gig workers in India have called for an all-India strike on Christmas Day and New Year’s Eve—two of the busiest days of the…

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Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters)
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Reliance Industries resumes Russian oil imports to feed Jamnagar refinery| Business News

Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people…

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The Nuuk Hot Box. (Handout)
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Amazon X Zomato, Nuuk HOT BLOX & Best Tech of 2025| Business News

Opening thoughts. Eternal Ltd.’s Zomato and Amazon Pay have announced something interesting, particularly for those deal hunters who also like to double dip for credit…

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Groq founder Jonathan Ross and other top executives will join Nvidia “to help advance and scale licensed technology”. (Bloomberg)
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Nvidia reaches licensing deal with Groq amid AI chip rivalry with Google Tensor| Business News

Nvidia Corp. has agreed to a licensing deal with AI chip startup Groq, furthering its investments in companies connected to the AI boom. Groq founder…

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Nvidia CEO Jensen Huang. At the end of October, Nvidia had $60.6 billion in cash, up from $13.3 billion in early 2023. (AFP)
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Nvidia is said to buy AI chip startup Groq for $20 bn in biggest acquisition yet| Business News

Nvidia Corp. is said to have agreed to buy AI chip startup Groq for $20 billion cash, in what is potentially its biggest acquisition till…

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Union Minister of Civil Aviation Kinjarapu Ram Mohan Naidu. (ANI)
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India approves three new airlines amid IndiGo crisis that crippled local aviation| Business News

The government has approved two new airlines after the IndiGo flight crisis brought aviation to a virtual standstill in India. Union Minister of Civil Aviation…

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