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As part of its $754 million initial public offering (IPO), Indian broking Groww has sold shares valued at 29.85 billion rupees ($339.61 million) to anchor investors, including sovereign investors from Norway, Abu Dhabi, and Singapore. According to an exchange filing made late on November 3, shares of Groww&
OpenAI and Amazon Web Services (AWS) established a multi-year strategic relationship that would enable OpenAI to run and grow its key artificial intelligence (AI) workloads immediately using AWS's top-tier infrastructure. In order to quickly scale agentic workloads, OpenAI is gaining access to AWS computing, which consists of hundreds
According to reports, Apple is getting ready to include Google's Gemini AI model into a redesigned Siri, marking a rare partnership between two of the tech industry's most competitive rivals. This is a surprising turn in the AI arms race. The new Siri, which is a
According to persons familiar with the situation, eyewear giant Lenskart is preparing to introduce its first pair of AI-powered smart glasses by the end of December, establishing itself as a technology-led lifestyle brand. Called "B by Lenskart Smartglasses" internally, the future gadget is anticipated to incorporate UPI payment
In a significant commercial move, Allcargo Logistics Limited, the top provider of integrated logistics solutions in India, has successfully demerged its International Supply Chain (ISC) division into Allcargo Global Limited, a new publicly traded company, with effect from November 1, 2025. The action comes after an October 10, 2025, order
As part of a money laundering investigation into his group firms, the Enforcement Directorate (ED) has seized assets connected to Reliance Group Chairman Anil Ambani valued at over INR 3,000 crore, according to government sources on Monday, November 3, 2025. In addition to other residential and commercial assets owned
In order to raise INR 2,080 crore through a new share issuance, fintech company Pine Labs is preparing to make its initial public offering (IPO) on November 7. On November 11, the company's first public offering will come to an end. The red herring prospectus (RHP) states
Weeks after concluding a $450 million investment round, the quick commerce platform Zepto has lowered the minimum order amount to INR 99 for free delivery and eliminated the handling fee and surge charge that are assessed to its customers for each order. The company is promoting "zero handling fee&
In a 31 October podcast, CEO Satya Nadella informed investor Brad Gerstner that Microsoft will once again increase its workforce. The staff of the software company remained steady throughout the fiscal year 2025, which concluded in June. It was 228,000, but several rounds of layoffs reduced that figure by
According to data from Layoffs.fyi, the IT industry's major layoff wave has gotten worse in 2025, with over 1,000,000 workers losing their employment at 218 organisations so far. After years of overexpansion during the pandemic, tech firms from Bengaluru to Silicon Valley are reducing workers
With its AI-generated app Sora, OpenAI will begin charging users to produce further videos. This adjustment has been implemented for all users who surpass the free daily limit, according to a statement made by Sora head Bill Peebles on X. When more people join the platform in the future, the
In collaboration with US chipmaker Nvidia, Samsung has revealed plans to build a next-generation artificial intelligence (AI) "megafactory". Focus Taiwan reported on the venture, which was unveiled on 31 October and intends to incorporate AI into Samsung's whole semiconductor manufacturing ecosystem. Samsung claims that the platform,
With unprecedented iPhone sales in the second-largest smartphone market in the world, where demand for high-end devices is setting new records, Apple earned its highest-ever quarterly revenue in India in the three months ending in September. In India, Apple saw consistent, strong demand for the iPhone, particularly during the quarter&
On 31 October, Hindustan Unilever disclosed that company has received a sizable tax notice totalling INR 1986 crore. The UK-based company's Indian division claimed that the Income Tax Department had questioned certain of its tax-related depreciation claims and contested the valuation of several related-party transactions. The business, which
According to reports, WhatsApp is introducing passkey support to enable users to recover their encrypted end-to-end chat backups from compatible cloud providers. The functionality enables users to unlock their backups using biometric techniques, including fingerprint, facial recognition, or the screen lock code from their prior device, according to a TechCrunch
The competition for food delivery in India is intensifying once again, and the results of this quarter highlight the disparity more than before. Rival Zomato (Eternal) is booming with record revenues, while Swiggy continues to report growing losses despite robust revenue growth. Fast commerce platform and food delivery On October
As the US automaker revives a plant it closed four years ago, Ford Motor Company intends to invest roughly INR 3,250 crore ($370 million) in India to produce new engines, according to a report by Bloomberg. According to a source who asked not to be identified because the plans
As it struggles with the aftermath and other issues following the fatal crash in Ahmedabad that claimed the lives of over 240 people, Air India is now requesting INR 10,000 crore ($1.1 billion) in financial support from its owners, Tata Sons and Singapore Airlines, according to Bloomberg. As
According to an article published by Reuters, OpenAI is preparing for what may be one of the largest initial public offerings in history, which could value the business at up to $1 trillion. The story further noted that OpenAI is thinking about registering with securities regulators as early as the
After acquiring the email programme Superhuman in July, Grammarly has declared that it is changing its name to "Superhuman". According to the corporation, Grammarly will continue to function and have its current identity despite the new name. Long term, the company is also thinking of rebranding other products
Google and Reliance Industries have launched a strategic agreement that will provide eligible Jio consumers free access to Google AI Pro, a premium product worth INR 35,100 per user, for 18 months. As part of Reliance's "AI for All" mission, the partnership seeks to democratise
Sam Altman, the CEO of OpenAI, announced on 30 October a bold trillion-dollar plan to significantly grow the company's artificial intelligence infrastructure, marking a significant change from a research-focused organisation to a major commercial force. Altman declared that OpenAI intends to construct roughly 30 gigawatts of computer capacity
On 29 October, General Motors (GM) declared its intention to reduce the manufacture of batteries and electric vehicles in the United States. In response to a slowdown in demand for battery cars, it plans to lay off 1,200 employees at its EV facility in Detroit and 550 at a
According to various media reports, US retailer Target Corporation is letting off roughly 150 workers from its global capabilities centre (GCC) in India. The action is a component of the company's broader worldwide restructuring, which also includes the largest personnel decrease in ten years: 1,800 corporate job