In a rare display of unity, global technology rivals Microsoft and Amazon have come together to issue a stark warning about a deepening housing crisis in Washington State. The two companies, which usually compete fiercely across cloud computing, talent acquisition, and enterprise services, have jointly taken out a full-page advertisement…
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Adani Enterprises Denies US Legal Case Amid SEC Summons Reports
New Delhi: Adani Enterprises Ltd on Friday issued a formal clarification to India’s stock exchanges, asserting that it is not a party to any legal proceedings in the United States, following media reports suggesting that American regulators were seeking to serve legal summons on senior Adani Group leadership. The clarification…
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India–EU Trade Pact Advances Amid Trump Tariff Jitters
India and the European Union are moving closer to sealing what leaders on both sides have described as the “mother of all deals” a long-awaited free trade agreement that could reshape economic ties between two of the world’s largest markets. The renewed momentum comes at a time of heightened global…
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Gold Falls Below ₹1.53 Lakh, Silver Gains on MCX
Gold prices witnessed a notable decline in both domestic and international markets on Thursday, while silver managed to trade higher on the Multi Commodity Exchange (MCX). The easing of geopolitical tensions linked to Greenland and a stronger US dollar reduced safe-haven demand, prompting investors to book profits after a recent…
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Deepinder Goyal Steps Down as Eternal CEO, Dhindsa Takes Charge
Eternal founder Deepinder Goyal has resigned as managing director and group chief executive officer, marking a significant leadership transition at the company that operates Zomato and Blinkit. The change will take effect from February 1, 2026, bringing an end to Goyal’s nearly two-decade-long active leadership role. Blinkit cofounder and chief…
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Microsoft Shuts Office Library, Cuts News Access After 15,000 Layoffs
Months after laying off nearly 15,000 employees worldwide, Microsoft has quietly taken another step that reflects a deeper cultural and strategic shift inside the company. The technology giant has shut down its internal office library and discontinued access to several paid news and research publications, ending a long-standing resource that…
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Steel Prices Rise Again After Import Curbs Boost Demand
Mumbai: Indian steel prices have increased for the second time in January as domestic producers capitalised on import restrictions, reviving construction demand and tight market inventories. Domestic steelmakers have raised prices twice within a span of two weeks in January, following the Centre’s decision to impose a safeguard duty on…
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Tiger Global Ruling Shakes Mauritius Investment Route
The long-preferred Mauritius route for foreign investments into India may no longer offer the certainty it once did. A recent Supreme Court ruling upholding a ₹14,500 crore tax demand against US-based investment firm Tiger Global has triggered widespread concern among venture capital and private equity investors operating through treaty jurisdictions….
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Reliance Q3 FY26 Results: Marginal Profit, 11% Growth
Reliance Industries Limited (RIL), led by Chairman Mukesh Ambani, reported a marginal rise in consolidated net profit for the third quarter of FY26, even as revenues recorded double-digit growth. The diversified conglomerate posted a profit of ₹18,645 crore for the December quarter, marking a 0.56% increase year-on-year, while revenue from…
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NMIA Handles 1 Lakh Passengers in 19 Days
The Adani Group-backed Navi Mumbai International Airport (NMIA) has reached a significant operational milestone by handling over one lakh passengers within just 19 days of starting commercial flight services. The achievement underlines the strong travel demand in the Mumbai Metropolitan Region and signals a promising future for India’s newest greenfield…