business news

The Securities and Exchange Board of India (SEBI) has announced that it will challenge a special court's directive to file a First Information Report (FIR) against its former chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory lapses. The market regulator contends that the court acted on a "frivolous" petition and did not provide SEBI an opportunity to present its case.

Akash Ambani, Chairman of Reliance Jio Infocomm, recently shared insights into the relentless work ethic of his father, Mukesh Ambani, while speaking at Mumbai Tech Week. In a conversation with Harsh Jain, CEO of Dream Sports, Akash revealed how his father's dedication continues to inspire him.

A FedEx cargo aircraft made an emergency landing at Newark Liberty International Airport in New Jersey on Saturday morning after a bird strike caused an engine fire, according to reports.

Microsoft has announced that it will officially shut down Skype on May 5, 2025, bringing an end to the once-dominant video-calling platform. The tech giant will replace it with the free version of Microsoft Teams for consumers, ensuring a smooth transition for existing users.

Messaging platform WhatsApp experienced a significant outage on Friday evening, leaving thousands of users unable to send or receive messages. Outage reporting portal Down Detector recorded over 4,400 reports of service disruption around 9 PM IST.

New Delhi: IKEA, the Swedish home furnishings brand, is set to expand its footprint in North India with the launch of online delivery services in Delhi-NCR and nine satellite cities starting March 1, 2025. The move will bring IKEA’s wide range of home and kitchen products, furniture, and décor to customers in Agra, Prayagraj (Allahabad), Amritsar, Chandigarh, Jaipur, Kanpur, Lucknow, Ludhiana, and Varanasi via its website and mobile app.

The Central government has appointed Finance Secretary Tuhin Kanta Pandey as the new Chairman of the Securities and Exchange Board of India (SEBI) for a tenure of three years. Pandey will succeed Madhabi Puri Buch, whose term as SEBI chief concludes at the end of this month.

Australia has unveiled a comprehensive roadmap to deepen its economic engagement with India, with a focus on agribusiness, clean energy, and education to enhance trade, create jobs, and secure supply chains.

Indian Army Chief General Upendra Dwivedi visited Airbus’ Marignane helicopter facility near Marseille, France, during his four-day official tour, underscoring India’s efforts to enhance defence preparedness and strengthen bilateral cooperation with France.

DBS, the largest bank in Singapore, has announced plans to cut approximately 4,000 jobs over the next three years as it increases the adoption of artificial intelligence (AI) technologies. The move signals a significant shift in the banking sector, where automation and AI are set to take over tasks previously handled by human employees.