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PAGE 72

Gold prices back above $4,000 after plunging on easing safe-haven demand

business
Updated on Oct 28, 2025 03:47 IST
Gold has pulled back decisively from a record above $4,380 an ounce last Monday following a blistering rally. It’s still up more than 50% this year.

Amazon embarks on biggest layoffs since 2022 affecting 30,000 corporate jobs

The cuts beginning this week may impact various divisions within Amazon, including human resources, known as People Experience and Technology, devices and services, and operations.
business
Updated on Oct 28, 2025 04:27 IST

Qualcomm share price soars after taking aim at Nvidia with new AI chips

Under CEO Cristiano Amon, Qualcomm is getting into AI chips to diversify away from its dependence on smartphones—which isn't as lucrative as it used to be.
business
Updated on Oct 27, 2025 15:53 IST

Gold prices plunge below $4,000/ounce as US-China truce erodes haven demand

$3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”.
business
Updated on Oct 27, 2025 15:25 IST

Ola Electric scales up Hyperservice to open source its spares, service business

Ola Electric operates its own stores and service centres in India, in a departure from the industry norm of dealership model.
business
Published on Oct 27, 2025 14:51 IST

Amazon targets $80-billion India e-commerce exports by 2030 despite US tariffs

Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories.
business
Updated on Oct 27, 2025 15:55 IST

India plans to hike FDI limit for PSU banks to 49% amid flurry of M&A deals

The finance ministry has been for the past couple of months discussing with the RBI the matter of raising the FDI limit for PSU banks.
business
Updated on Oct 27, 2025 12:36 IST

Vi says to ‘work closely’ with DoT to resolve AGR dues matter, after SC relief

Vodafone Idea has a total debt of <span class='webrupee'>₹</span>2 lakh crore, including AGR dues of <span class='webrupee'>₹</span>83,000 crore.
business
Published on Oct 27, 2025 11:16 IST

Tata Motors PV in focus as UK credit agency warns against JLR loan guarantee

The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers.
business
Updated on Oct 27, 2025 10:03 IST

TCS refutes UK media report on losing $1-billion M&S contract over cyberattack

TCS has a $1-billion contract with Marks & Spencer's.
business
Updated on Oct 27, 2025 10:55 IST

Relief for Vodafone Idea as Supreme Court allows relook at ₹2 lakh crore dues

The government has a 49% stake in Vodafone Idea in lieu of some of the pending dues.
business
Updated on Oct 27, 2025 08:31 IST

Gold, silver prices in India fall amid US-China trade talks, strong dollar

The gold and silver prices in India are essentially tracking global cues.
business
Published on Oct 27, 2025 06:28 IST

Gold prices extend drop as progress on US-China trade deal erodes haven demand

A blistering bullion rally that propelled gold prices to a record high of $4,380 an ounce last week has since gone into reverse on signs the metal had become overbought.
business
Updated on Oct 27, 2025 04:50 IST

Lenskart IPO priced for $8-billion valuation as Bansal nears billionaire status

Cofounder Peyush Bansal's net worth is expected to near $1 billion after the Lenskart IPO scheduled for 31 October to 4 November 2025.
business
Updated on Oct 27, 2025 05:31 IST

The counterintuitive economics of smoking

Representative photo.
business
Updated on Oct 27, 2025 03:06 IST

China, Hong Kong stocks set to open higher on Trump-Xi trade talk optimism

US President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019
business
Published on Oct 27, 2025 02:44 IST

SBI plans to hire 3,500 officers in next 5 months to boost ops, service delivery

Earlier this year, SBI Chairman C S Setty announced that the bank's total recruitment across categories would be about 18,000.
business
Published on Oct 26, 2025 09:31 IST

Hermès brings 'indie spirit' to brand with new designer Grace Wales Bonner

For Hermès, the Wales Bonner appointment is something of a novelty. In contrast with other fashion labels that sign on designers who are stars in their own right, Hermès has traditionally cultivated a strong artistic culture internally
business
Published on Oct 26, 2025 07:57 IST

Reliance Industries says will abide by Europe, US sanctions on Russia

Reliance Industries, which operates the world's largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft.
business
Published on Oct 25, 2025 04:22 IST

SEBI is said to bar mutual funds from investing in pre-IPO placements

SEBI Bhavan at BKC Bandra in Mumbai. Mutual funds are not permitted to hold unlisted shares.
business
Published on Oct 25, 2025 03:49 IST

Health insurance for Gen Z: What's the cover size youngsters should aim for

Despite being one of the most health-conscious generations, Gen Z in India remains hesitant to invest in health insurance.
business
Updated on Oct 25, 2025 03:05 IST

Torrent Pharma eyes biggest bond issue of FY26 to fund JB Chemicals acquisition

Torrent Pharma is likely to fast-track its bond issue now that CCI's approval of its JB Chemicals acquisition is in place.
business
Published on Oct 25, 2025 02:41 IST

Lenskart IPO gets ₹90-crore nod of approval from DMart's Radhakishan Damani

As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia.
business
Updated on Oct 24, 2025 16:10 IST

Domestic flights up by 3.4% during upcoming winter schedule: DGCA

The newly inaugurated Phase 1 of the Navi Mumbai International Airport. (X)
business
Published on Oct 24, 2025 12:17 IST

Deepinder Goyal invests $25 mn in Continue Research to explore human longevity

Eternal CEO Deepinder Goyal.
business
Updated on Oct 24, 2025 09:37 IST

Why Eli Lilly chose Cipla to market Mounjaro under a new brand name for India

Eli Lilly has partnered with Cipla to market its weight-loss drug Mounjaro as Yurpeak in India.
business
Updated on Oct 24, 2025 08:56 IST

MTR Foods maker Orkla India sets IPO price band for up to ₹10,000 cr valuation

Norway's Orkla ASA entered India in 2007 with the acquisition of ready-to-eat foods maker MTR Foods.
business
Published on Oct 24, 2025 03:57 IST

Reddit vs Perplexity, and the scourge of ‘data laundering’ in an AI slop world

Data laundering is “cleaning up dirty data to make it look legal and trustworthy”
business
Updated on Oct 23, 2025 16:06 IST

India to curtail Russia oil imports after US sanctions Rosneft, Lukoil: Report

India imported 1.7 million barrels per day of Russian crude in the first nine months of 2025—that's 34% of total oil imports.
business
Updated on Oct 23, 2025 09:54 IST

‘No pitch deck needed’: How Perplexity AI CEO secured funding using his own app

Perplexity AI CEO Aravind Srinivas.
business
Updated on Oct 23, 2025 09:02 IST
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