In a bank "fraud"-linked money laundering investigation against Reliance Communications, the Enforcement Directorate (ED) on 28 April announced the attachment of a Mumbai flat belonging to industrialist Anil Ambani. Further, ED has also attached a Khandala farmhouse jointly held by his son Jai Anshul Ambani. The attachment
Elon Musk has called Sam Altman “Scam Altman” as his $150 billion lawsuit against OpenAI heads to trial. The clash now spans courtrooms and social media, raising key questions about AI control, corporate power, and the future of open versus commercial models.
The gold price today in India has declined sharply on Wednesday, 29 April 2026, with 24-carat gold trading at ₹1,49,540 per 10 grams, down 1.72% from the previous session. Meanwhile, the silver price today in India stands at ₹2,37,830 per kg, marking a steeper fall
Truist Financial Corp. of the United States has awarded Infosys Ltd a contract to establish and operate a global capabilities centre (GCC) in Hyderabad for more than $500 million. That being said, no other IT services provider has ever been engaged in such a massive project to construct and run
SportVot has raised INR 32.7 crore led by IAN Alpha Fund to scale its AI-powered sports streaming platform globally. The startup has already captured 500,000+ matches across 30+ countries, targeting the untapped 99% of global sporting events.
In the first three months of 2027, Spinny plans to launch its first public offering. According to reports, Kotak Mahindra Capital, Morgan Stanley, and Citigroup have been recruited by the unicorn backed by Tiger Global to participate in a possible initial public offering (IPO). A combination of new issues and
Otto Sales AI, the world’s first AI Chief of Staff for Sales, has emerged as the winner of the SaaStock USA 2026 Global Pitch Competition, securing a $500,000 investment from a syndicate of leading venture capital firms, including Backfuture VC, Quadri Ventures, BAG Collective, and OneSixOne Ventures. Held
The listed fintech giant MobiKwik has been sold by venture capital firm Peak XV Partners in a block deal worth INR 130 Cr, or around $13.8 Mn. This happened the day after the fintech firm got its NBFC licence from the government. The average price per share for the
Home services and B2B SaaS startups led today's funding activity with 6 rounds totalling over ₹700 crore. Snabbit grabbed the largest cheque at $56 million for its quick home services platform. Peak XV Partners exited MobiKwik through a ₹130 crore block deal, whilst Eternal reported strong Q4 results
Marc Benioff, CEO of Salesforce, announced on the social media site X that the company will be recruiting 1,000 recent college grads and interns to help drive the AI exponential. The timing of his post is significant, as AI is already posing a threat to the profitability of software
AI logistics startup Mojro has raised $5.5 million in a Series A round backed by IAN Alpha Fund and Dallas Venture Capital. The company plans to scale globally as demand for AI-driven supply chain solutions increases.
As part of its ongoing endeavour to incorporate AI into routine engineering processes, Amazon is increasing the utilisation of its in-house AI tools by over 700 teams. Despite some employees voicing reservations about the rollout's management, the move demonstrates a larger effort to create large-scale efficiency advantages. One
Good Monk has partnered with Arshdeep Singh to promote preventive healthcare for India’s ageing population, spotlighting its Healthy 50+ nutrition product designed to support immunity, bone health, and energy.
Gold prices climbed to ₹1.53 lakh per 10g on 28 April 2026 across major Indian cities, while silver remained steady at ₹2.59 lakh/kg. The rise comes amid global tensions and key US economic events. Check city-wise rates, MCX data, and what’s driving the market today.
A planned AI agreement involving Meta has been vetoed by Beijing. This means that foreign investment in China in key technology industries will be subject to stricter regulatory oversight. The US tech group's planned acquisition of Singapore-based AI firm Manus, valued at roughly INR 16,600 crore, has
Round led by new investors Susquehanna Venture Capital and Mirae Asset Ventures Investments, with continued backing from Bertelsmann India Investments, Lightspeed, Elevation Capital and Nexus Venture Partners. Daily jobs have grown 4x in six months while burn per job has been cut in half.
Kovon, a cross-border workforce mobility platform, has raised $250,000 in a pre-seed funding round led by TDV Partners. Founded by Bibartan Roy and Swayamjeet Das, Kovon is building a trusted platform for blue and grey-collar workers across industries such as healthcare, hospitality, construction, and logistics, connecting skilled Indian talent
Internshala, an upGrad company, today unveiled “Intern With Icon,” offering students and recent graduates the opportunity to work with some of India’s most influential founders and Shark Tank personalities. Moving beyond traditional internships, the program offers a rare opportunity to work alongside and learn from iconic entrepreneurs, including Vineeta
Manufacturing and gaming sectors led funding activity today with Capital A closing ₹160 crore for its Fund II and Metasports Interactive securing $20 million for user acquisition. Meanwhile, lending platform Kissht opened its ₹926 crore IPO with shares priced at ₹162-171, whilst the government launched its ₹10,000 crore Fund
Kirloskar Pneumatic reported ₹1,786 crore income in FY26 with PBT rising 25% to ₹356 crore. The company announced a record 600% dividend and strong order inflows exceeding ₹2,000 crore.
JioHotstar posted ₹31,048 crore revenue and ₹3,228 crore PBT in FY26, driven by IPL 2026 viewership, 500 million MAUs, and record streaming concurrency, highlighting the rapid rise of digital sports and entertainment in India.
Gold and silver prices fell on 27 April 2026, with gold at ₹1.52 lakh per 10g and silver at ₹2.44 lakh per kg. A strong US dollar and global tensions weighed on demand. Check city-wise rates, MCX prices, and key factors behind today’s decline.
Shares of One 97 Communications fell sharply after the Reserve Bank of India (RBI) cancelled the licence of Paytm Payments Bank (PPBL), intensifying regulatory pressure on the fintech major. The move has raised major concerns around Paytm’s operations, user services, and future growth outlook. RBI Cancels Paytm Payments Bank