Sensex opens 205 points lower, Nifty below 24,800; Tata Steel up 3%

Sensex opens 205 points lower, Nifty below 24,800; Tata Steel up 3% This is a developing story. It will be updated. Source

OpenAI hits $500 billion mark as SoftBank, others buy shares: Report

OpenAI, the maker of ChatGPT, has reached a valuation of $500 billion after a share sale by employees, reported news agency Reuters. The deal involved current and former employees selling…

Bribes, shutdown, social media war: Import firm vs Chennai Customs over ‘corruption’

A Tamil Nadu-based import firm’s battle with Chennai Customs over alleged bribery has escalated into a full-blown controversy, with the founder claiming that he was forced to shut down operations…

Google layoffs: Over 100 design jobs cut in AI shift

Google has laid off more than 100 employees in design-related roles, according to a report by CNBC. The cuts, which took place earlier this week, affected staff in the cloud…

Satya Nadella bets big on AI, names Judson Althoff to lead Microsoft commercial unit

Microsoft MSFT.O Chief Commercial Officer Judson Althoff will take on an expanded role as CEO of commercial business, freeing up company chief Satya Nadella to focus more on the technical…

Why the price of gold keeps breaking records

Gold is having its best year in decades. It’s hitting record highs in 2025, on track to be the strongest since 1979. Here is what’s driven the bump in bullion.…

Adar Poonawalla in talks to buy RCB stake? United Spirits shares update

Adar Poonawalla is said to be in talks with Diageo over the potential purchase of the Royal Challengers Bangalore (RCB) stake, though the $2 billion valuation is currently seen as…

DA hiked to 58%: What it means for government employees’ salary and pension

The government seems to be on a gifting spree this year. After giving income tax benefits in the Union Budget, announcing a Dearness Allowance (DA) hike in March, and bringing…

Sensex ends 716 points higher, Nifty above 24,800; Tata Motors up 5%

Benchmark stock market indices rallied on Wednesday, boosted by the news of DA hike approval and RBI’s MPC announcements. The S&P BSE Sensex jumped 715.64 points to end at 80,983.31,…

This Indian gold lender holds 3 times the gold of Pakistan

It may come as a surprise, but one of India’s biggest non-banking financial companies (NBFCs) has more gold in its vaults than many countries. Muthoot Finance, the country’s largest gold…