Business updates

Business updates

Reliance shifts LPG strategy to shield India from Iran war fallout

Reliance Industries to maximise production of LPG in its Jamnagar refinery and divert natural gas from its KG-D6 block in Bay of Bengal to “priority sectors”.>

Meta Platforms to acquire AI social network Moltbook for Agentic AI chops

The team behind Moltbook will join Meta Superintelligence Labs—a newer AI division intended to supercharge the social-media giant's model development.>

Elon Musk's SpaceX weighs Nasdaq listing after biggest IPO of all time

SpaceX is seeking a valuation of around $1.75 trillion for the IPO, which would make it the sixth-largest company by market capitalisation in the US.>

‘Main Hoon Na’, Rahul Bhatia says as he returns to IndiGo after CEO resignation

Rahul Bhatia, co-founder who is taking charge of IndiGo after CEO Pieter Elbers' resignation, promises to fix the mess India's largest airline finds itself in.>

IndiGo CEO Pieter Elbers resigns, co-founder Rahul Bhatia returns after flight crisis

Outgoing CEO Pieter Elbers built IndiGo into a $10-billion revenue enterprise, but his successes were laid to waste by an operational meltdown in December 2025.>

Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’

Kotak Mahindra Bank, promoted by Uday Kotak, has the capacity to do jumbo deals, CEO Ashok Vaswani says when asked if M&A above $1 billion are possible.>

Tata Motors PV eyes return to EV dominance with Punch EV even as CAFE-III looms

Tata Motors PV, with the new Punch EV, is doubling down on entry-level buyers, even as CAFE-III norms promise to rewrite the wider competitive calculus.>

Apple now makes about 25% of iPhones in India after China pivot

Apple assembled about 55 million iPhones in India in 2025, up from 36 million a year earlier. That compares with global annual production of 220-230 million.>

Sensex, Nifty 50 rebound from one-year lows after Trump remark on Iran war

The stock market is reacting to a 30% correction in crude oil prices after US President Donald Trump hinted at a de-escalation of the Iran war.>

Tech Tonic | Apple MacBook Neo is something Windows PCs may never be

Apple’s most affordable MacBook effectively exposes everything Windows laptops still get wrong, and loud AI branding isn’t the answer>

Credits : HTimes