Stellantis Signs Five-Year AI Deal with Microsoft
Stellantis and Microsoft have signed a five-year AI-focused partnership, bringing Microsoft's cloud and AI infrastructure into the automaker's operations. The deal comes as Stellantis works to reverse declining performance across major markets. Financial terms and specific use cases were not disclosed.
Zerodha Traders Saved Rs 25,620 Crore in Brokerage Fees
Zerodha founder Nithin Kamath says the firm's zero-delivery brokerage model saved traders Rs 25,620 crore between 2016 and 2025. Kamath links the pricing discipline directly to Zerodha's bootstrapped structure, which he argues insulates the firm from investor pressure to cross-sell or monetise aggressively.
Wipro Launches Rs 15,000 Crore Buyback at 19% Premium
Wipro has announced a Rs 15,000 crore share buyback at a 19% premium to market price, its first such program in over five years. The move signals a significant return of capital to shareholders and is likely to lift earnings per share by reducing shares outstanding.
Supreme Court Lets Fraud Proceedings Against Anil Ambani Resume
The Supreme Court, in a bench led by CJI Surya Kant, refused to intervene against a Bombay High Court Division Bench order that lifted a stay on fraud proceedings against Anil Ambani. The ruling reinstates the legal track after a Single Judge had paused proceedings in December last year. Fraud proceedings against Amban
TSMC Flags Middle East Gas Costs Threatening Profit
TSMC warned that higher gas prices stemming from Middle East conflict could negatively impact its profitability. As the world's leading chipmaker, its cost signals carry broad implications for semiconductor sector margins. Energy cost trajectory and geopolitical escalation are the key variables to watch.
Anandiben Patel's Granddaughter Debuts in Krishnavataram as Producer-Actor
Sanskruti Jayana, granddaughter of UP Governor Anandiben Patel, debuts as Satyabhama in mythological film Krishnavataram Part 1: The Heart and holds a production partnership in Athashrikatha Motion Pictures LLP. The film was shot on private land near Visnagar, Gujarat, now listed as Athashreekatha Studio on Google Maps
Jury Finds Live Nation, Ticketmaster Guilty of Monopoly
A US jury found Live Nation and Ticketmaster operated an anticompetitive monopoly, exposing the company to potential hundreds of millions in damages. The verdict could accelerate regulatory pressure for structural remedies, including a possible breakup of the ticketing and venue giant.
Caterpillar Acquires Struggling Monarch Tractor Startup
Caterpillar has acquired Monarch Tractor after the agricultural startup faced mounting complaints from dealers, farmers, and a co-founder that its technology did not work properly. The deal gives Caterpillar entry into electric and autonomous farm equipment while effectively ending Monarch as an independent operation.
CBS Develops L.A. Cop Drama as Paramount Backs Incentives
CBS is developing Flint, a cop drama with Matt LeBlanc set to film in Los Angeles, which would become the network's fourth locally produced primetime series. Paramount's George Cheeks flagged above-the-line incentives as central to reversing Hollywood's production exodus. A greenlight decision would signal whether Cali
Jury Finds Live Nation and Ticketmaster Held Illegal Monopoly
A federal jury found Live Nation Entertainment and Ticketmaster illegally held monopoly power in the U.S. ticketing market after a five-week antitrust trial brought by the DOJ and 34 states. The verdict raises the prospect of structural remedies, potentially including a forced separation of Ticketmaster from Live Natio
BBC Cuts Nearly 10% of Staff Amid Financial Pressure
The BBC is cutting close to 10% of its workforce, with interim director-general Rhodri Talfan Davies citing a widening gap between costs and income. The scale of reduction signals structural financial stress at the licence-fee-funded broadcaster, not a routine efficiency drive.
Amazon Buys Globalstar for $11 Billion
Amazon has agreed to acquire Globalstar, the satellite operator behind Apple's iPhone emergency SOS feature, for more than $11 billion. The deal gives Amazon direct control over low-Earth orbit spectrum and ground infrastructure relevant to its Project Kuiper broadband ambitions. Apple's dependency on Globalstar's netw
Iran Conflict Risk Threatens India Rs 97,000 Crore Sectoral Hit
PHDCCI estimates a potential Iran conflict could cost India's aviation and food services sectors a combined Rs 97,000 crore, with food services absorbing Rs 79,000 crore and aviation Rs 18,000 crore. The projections reflect commodity price and route disruption risks tied to Middle East instability. Both sectors are hig
Hathaway Credits Beyoncé for Pop Persona in A24 Film
Anne Hathaway stars as a pop figure in David Lowery's 'Mother Mary,' releasing via A24 on Friday, citing Beyoncé as a key influence in developing her singing persona for the role. The casting pushes Hathaway beyond her musical theatre background into full pop performance territory, a stretch that carries commercial sta
BBC Cuts 2,000 Jobs in Biggest Restructuring in 15 Years
The BBC announced plans to eliminate up to 2,000 positions, roughly 10% of its 21,500-strong workforce, in its largest cost-cutting exercise in 15 years. The reduction signals deepening financial pressure on the license-fee-funded broadcaster and will likely constrain programming and production capacity.
Dhurandhar The Revenge Hindi Version Crosses Rs. 1050 Crore
Dhurandhar The Revenge reached Rs. 1053.50 crores in its Hindi version by Tuesday of its fourth week, buoyed by a Vaisakhi holiday bump. The film is chasing a Rs. 50 crore fourth week, with Rs. 44.50 crores already in. Thursday evening shows face competition from Bhooth Bangla's paid preview entry.
HDB Financial Q4 Profit Jumps Over 40%, Dividend Declared
HDB Financial Services posted a greater-than-40% profit increase in Q4 and declared a dividend of Rs 2 per share. The result reinforces the NBFC subsidiary's earnings trajectory at a time when its IPO path remains closely watched. Detailed disclosures on margins and asset quality will determine the durability of the pr
SoftBank Raises $3.6bn Debt to Finance OpenAI Lending
SoftBank is issuing $3.6 billion in dollar and euro debt to fund its lending position in OpenAI. The dual-currency structure layers SoftBank's borrowing on top of OpenAI's capital needs, giving debt investors indirect exposure to OpenAI's financial performance.
West Asia Conflict Costs India Rs. 18,000 Crore in Tourism
A PHDCCI report links West Asia conflict to a 15, 20% drop in inbound tourist arrivals in India and an estimated Rs. 18,000 crore net loss for the tourism and hospitality industry. Disrupted flight paths through Gulf hubs and traveler risk aversion are the primary transmission mechanisms. The report calls for policy cha
SpiceJet, Akasa Air Collide on Ground at Delhi IGI
A SpiceJet Boeing 737-700 collided with Akasa Air flight QP 1406 on the ground at Delhi's IGI Airport, damaging the SpiceJet winglet and the Akasa stabiliser. Both aircraft require mandatory inspections before returning to service, disrupting schedules for both carriers. A DGCA inquiry into ground handling procedures i