EPFO 3.0: Major Reforms & Modernization Coming Soon

Economist hints at EPFO revamp with features like ATM withdrawals, UPI transfers, easier corrections, faster settlements, and mobile accessibility.

Antler VC Leads Pre-Seed Round for Domain-Aligned AI Startup Nugen

Nugen, a Mumbai and San Francisco AI research startup, secures funding to advance Domain-Aligned AI technology for reliable AI deployment in business environments.

Elon Musk Launches Macrohard to Challenge Microsoft

Tesla CEO Elon Musk unveils Macrohard, AI-focused company to compete with Microsoft's software business, filing for patent. Musk teases AI software company creation with unique capabilities.

Dixon Tech Reports 100% Profit Surge

Dixon Technologies posts Rs 280.02 crore profit for Q1 FY26, driven by Mobile & Other EMS Division.

IREDA Recovers Assets From Troubled Borrowers

Indian Renewable Energy Development Agency optimistic about recovering its exposure to Gensol Engineering and BlueSmart, aims to resolve issues via NCLT and boost business.

Adani Group Sells 20% Stake to Wilmar

Adani Group divests 20% stake in AWL Agri Business Limited to Wilmar International for Rs 7,150 crore, signaling exit from FMCG business.

Polycab India Reports Strong Q1FY26

Polycab India's net profit surges by 50% YoY to Rs 592 crore in Q1FY26, driven by robust performance in Wires & Cables business, despite a 15% drop in revenue.

Wockhardt Exits US Generics, Focuses on Antibiotics and Insulin

Wockhardt exits loss-making US generics business, shifts focus to drug discovery and insulin portfolios, aiming to improve profits and target emerging markets.

Viral Tea Seller Dolly Chaiwala Expands Business Empire

From viral sensation to business mogul, Dolly Chaiwala plans to open franchise tea stores nationwide after serving chai to Bill Gates.

Reliance Jio Delays IPO Launch to enhance business maturity

Reliance Jio, led by Mukesh Ambani, delays IPO to enhance business maturity, increase revenues, and subscriber base before the listing.

Nectar Lifesciences Announces Strategic Sale for 1270 Crores

Nectar Lifesciences announces the ₹1,270 crore sale of its core API and formulations business to Ceph Lifesciences, triggering a 20% drop in share prices and raising concerns among investors.

Samsung Acquires Xealth to Expand Mobile Healthcare

Samsung Electronics acquires U.S.-based Xealth to enhance mobile healthcare services business and diversify beyond core sectors like semiconductor and smartphones.

HDB Financial Services Launches ₹12,500 Crore IPO

HDB Financial Services, backed by HDFC Bank, announces India's largest NBFC IPO ever. Proceeds to boost business growth and capital base.

Zerodha CEO Optimistic About Jio-BlackRock Venture

Zerodha CEO Nithin Kamath welcomes the entry of Jio-BlackRock into the stockbroking space, highlighting the potential for expanding market participation while emphasizing the importance of ethical business practices.

Government Launches AI App to Prevent Online Financial Fraud

Union Minister announces FRI AI app to help prevent online financial risks; proactive measures taken to combat cyber fraud and deactivate illicit mobile phones.

Intel's CEO Contemplates Shift in Chip-Making Strategy

Intel's new CEO is considering a shift in the company's contract chip-making business towards the next-generation process to compete with industry leaders.

Meta Unveils Upgrades to WhatsApp Business Platform

Meta introduced major upgrades to WhatsApp Business, including centralized marketing campaigns, AI-powered business assistants, and voice/video calling for customer support.

India's Mobile Phone Exports Soar to $3.09 Billion in May

India's mobile phone exports surged by 74% in May to $3.09 billion, driven by the success of the PLI scheme and commitment from global tech giants like Apple.

Rise of Agentic AI Leading to High Abandonment Rates, Gartner Report Finds

Gartner's report predicts that over 40% of agentic AI projects will be discontinued by 2027 due to high costs and lack of clear business value, despite the surge in funding from tech giants.

PhonePe Prepares for $1.5 Billion IPO

Stay updated with the latest business news as PhonePe gears up for a $1.5 billion IPO