Ashley Paul

Apple loses ₹5.34 lakh crore in market value minutes after unveiling iPhone Air & 17 series

Apple lost $60.55 billion (over ₹5.34 lakh crore) in market value within minutes as it unveiled iPhone Air and iPhone 17 series along with new Watch models and the AirPods Pro 3. The company's market value dipped from $3.53 trillion to about $3.46 trillion as its shares dipped about 1.7% to $234. The stock has dipped over 6.5% this year.

Sep 9th, 2025

Apple loses ₹5.34 lakh crore in market value minutes after unveiling iPhone Air & 17 series

Ishita Ranganath

National Stock Exchange appointed Srinivas Inteji as Chairperson effective immediately on September 9, NSE said in press statement. Injeti is a retired IAS officer, with over four decades of experience in corporate regulation, financial services, governance, and public policy. Previously, Injeti was the Founding Chairperson at International Financial Services Centres Authority from 2020-2023.

Sep 9th, 2025

National Stock Exchange appoints Srinivas Injeti as Chairperson

Ishita Ranganath

OpenAI executives stated they might relocate out of California in a 'last-ditch' effort as political powers threaten the company's efforts to convert from nonprofit to for-profit status, reported The WSJ. The company's under investigation on whether it violates charitable trust law in its planned $19 billion restructuring. Nonprofits, labour groups, and other rival firms have opposed the switch.

Sep 9th, 2025

OpenAI may leave California as 'last-ditch' effort amid political pressure

Dharini Mudgal

Microsoft asked its employees to come to the office three days a week. It'll start rolling out this policy in three phases, starting with employees in Puget Sound area in February 2026, before expanding to other US locations and then eventually international offices. "When people work together in person more often, they thrive," Microsoft’s Chief People Officer Amy Coleman said.

Sep 9th, 2025

Microsoft orders employees to come to office 3 days a week

Ashley Paul

Microsoft India ex-Chairman Ravi Venkatesan revealed how Bill Gates gave him a signed dollar note after writing "I was wrong". Speaking to Shrishti Sahu, Venkatesan recalled thinking "So what if he's Bill?" while arguing with Gates on a plane in Delhi in 2006-2007. Venkatesan noted that at some point, Gates said, "I guess you're right", and gave him the note.

Sep 9th, 2025

Indian exec Venkatesan reveals how he got signed note from Bill Gates saying, 'I was wrong'

Ishita Ranganath

Vodafone Idea challenged Department of Telecommunications in Supreme Court over calculation of additional ₹2,774-crore in revised Adjusted Gross Revenue (AGR), seeking tax demands by DoT for dues of up to FY17 to be set aside. The company stated certain amounts have been added twice, needing reconciliation. Further, demands go beyond the court’s previous ruling on AGR dues, stated Vodafone Idea.

Sep 9th, 2025

Vodafone Idea moves SC challenging DoT's ₹2,774-cr AGR dues demand

Ankit Tiwari

Union Minister Jayant Chaudhary declared ₹21,31,630 as investment in cryptocurrency (Virtual Digital Assets) as on March 31, The Indian Express reported, citing official documents, making him the first Union minister to list cryptocurrency in annual disclosures. His wife, Charu Singh, disclosed ₹22,41,951 in cryptocurrency holdings. Both of them cited "personal savings" as the source of funds.

Sep 9th, 2025

Union Minister Jayant Chaudhary declares ₹43 lakh crypto holdings

The Securities Appellate Tribunal (SAT) has asked SEBI to explain within 3 weeks why it refused to share more probe documents with Jane Street, which faces a ₹4,844 crore disgorgement for alleged Bank Nifty manipulation. Hearings are paused until Nov 18, delaying SEBI's final order. Jane Street denies the charges, citing conflicting SEBI findings, while SEBI calls its request a 'fishing enquiry'.

Sep 9th, 2025

SAT asks SEBI to explain denial of documents in Jane Street case

Alibaba shares rose 3% premarket after Hong Kong stock hit a near 4-year high. Barclays lifted its target to $190 from $145, citing strong cloud revenue (+26% vs est. 18.4%) and easing instant commerce drag. AI rollout, including a $100 million robotics bet, is boosting growth. Stocktwits retail mood is bearish, though BABA is up 68% YTD.

Sep 9th, 2025

Alibaba jumps as Barclays ups target on cloud boost, AI momentum

Crypto exchange Gemini Space Station, founded by the Winklevoss twins, will debut Friday with Nasdaq investing $50 million via private placement, Reuters reported. The tie-up gives Nasdaq clients access to Gemini's custody & staking, while Gemini clients get Nasdaq's Calypso platform. Gemini, holding $21 billion in assets, aims to raise $317 million by selling 16.67 million shares at $17-19 each.

Sep 9th, 2025

Nasdaq to invest $50 mn in Gemini ahead of Winklevoss IPO

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