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A consumer lawsuit aims to stop Netflix’s $72 billion plan to buy Warner Bros, Discovery’s studio and streaming units. The HBO Max subscriber says the deal could harm competition as Congress and regulators raise concerns. Netflix calls the suit baseless, saying price hikes happened even with strong rivals in the crowded streaming market today.
Microsoft CEO Satya Nadella met PM Narendra Modi and announced a USD 17.5 billion investment—Microsoft’s largest in Asia—to support India’s “AI-first future.” The funds will boost digital infrastructure, AI skills, and sovereign capabilities. Nadella said the discussion highlighted India’s vast AI potential.
Day 2 of TG Rising Global Summit brought significant pharma-sector investments. Hetero Formulations committed ₹1,800 crore, Bharat Biotech CRDMO ₹1,000 crore, and Aurobindo Pharma ₹2,000 crore. Granules India pledged ₹1,200 crore, while a major biological vaccine project secured ₹4,000 crore. These investments mark a big boost to TGs life sciences ecosystem.
The second day of the TG Rising Global Summit saw several investment MoUs finalized. Cairns Technologies committed ₹1,000 crore, while JKC Data Center announced ₹9,000 crore. RCCT Energy pledged ₹2,500 crore, Hyperscale DC Campus ₹6,750 crore, and Infrakey AI Ready Data Park led the day with a massive ₹70,000 crore investment, marking a big boost […]
Indian markets closed lower on Tuesday as profit booking and worries over potential US tariffs on Indian rice weighed on sentiment. Sensex fell 436 points to 84,666, while Nifty slipped 121 points to 25,840. IT, auto and financial stocks declined, while midcap and smallcap indices gained modestly. Only HUL and Airtel ended in the green.
The CBI has filed a criminal case against Jai Anmol Anil Ambani in an alleged Rs 228-crore banking fraud involving Reliance Housing Finance Limited. The case also names former CEO Ravindra Sudhalkar and others for alleged cheating and conspiracy. Investigators will review RHFL’s records and question officials as the probe advances in the coming days.
PhysicsWallah reported a 62% YoY rise in Q2 net profit to ₹72.3 crore, with revenue up 26% to ₹1,051 crore. Strong FY23-25 topline growth and improved EBITDA reflect expansion across digital and offline platforms, now spanning 303 centers and 4.13 million online users. Shares trade slightly above the ₹109 issue price.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, December 9, 2025. The Sensex started trading today at 84742.87, down at 359.82 points or 0.42%, and the Nifty was at 25867.10, down at 93.45 points or 0.36%. Meanwhile, the Indian rupee was trading today at 90.08 against the dollar.
US President Trump announced that Nvidia will be permitted to ship H200 chips to approved customers in China and other locations, under conditions aimed at safeguarding national security. He mentioned that AMD, Intel, and other American companies will adhere to the same framework. The Commerce Department is in the process of finalizing the export guidelines.
IBM is buying data-streaming platform Confluent for about $9.3 billion, in one of its biggest acquisitions yet, to enhance real-time software needed for AI. IBM will pay $31 per share, valuing the deal at $11 billion including debt, with an expected closing by mid-2026. Analysts say the move could strengthen IBM’s AI and software growth […]
India’s equities remain resilient, but global uncertainty is driving investors toward gold. Factors include geopolitical tensions, rising US debt, recession fears, de-dollarisation and central banks buying gold. Gold acts as a safe haven, outperforming equities. With growing economic risks, gold’s appeal is set to attracting risk-averse global investors.
India’s new income tax rules impose up to 84% tax on unexplained cash found at home. Banks must report withdrawals over ₹10 lakh; property and business cash transactions face 100% penalties. Loans in cash are banned. Advanced monitoring systems make compliance crucial, warns CA Sarthak Ahuja, urging caution with all cash dealings.
Trump Media Technologies has announced a major investment plan for Telangana, with Director Eric stating that the company will pump ₹1 lakh crore into the state over the next decade. Speaking at the TG Rising Global Summit, he said the initiative reflects the company’s confidence in TG’s growth potential and its expanding opportunities in the […]
Indian markets ended sharply lower on Monday due to a lack of domestic triggers. The Sensex closed at 85,102.69, down 609.68 points (0.71%), while the Nifty50 fell 225.90 points (0.86%) to 25,960.55. Intraday, the Nifty hit 25,892 and the Sensex slipped to 84,875.5.
CM Chandrababu Naidu will lead an eight-member Andhra Pradesh delegation to the 2026 World Economic Forum in Davos from January 19–23. Accompanied by key ministers and officials, the visit aims to attract global investment and promote the state’s development agenda. Travel expenses will be covered by the Andhra Pradesh Economic Development Board.