Bloomberg

Bloomberg

HDFC Bank's workforce drops by over 3,300 amid push to automate operations

The bank's total staff fell to 211,178 as of March 31 from a year earlier with new hiring dropping by 3,811, according to its annual report released on Saturday

Updated On: 12 Jul 2026 | 2:21 PM IST

Zhipu founder backs open-source AI as global security debate intensifies

Founder Tang Jie said frontier AI should remain widely accessible under open-source principles, arguing that transparency and broad participation offer stronger safeguards than restrictions

Updated On: 12 Jul 2026 | 2:21 PM IST

US veteran Republican Lindsey Graham dies at 71 after sudden illness

The cause of death was 'a brief and sudden illness,' Graham's office said in a post on X

Updated On: 12 Jul 2026 | 2:05 PM IST

Sheikh Hamad, who made Qatar one of world's richest nations, dies at 74

Sheikh Hamad ruled Qatar from 1995 to 2013, transforming the Gulf nation into the world's leading LNG exporter and expanding its global economic and diplomatic influence

Updated On: 12 Jul 2026 | 12:12 PM IST

Death toll in Venezuela earthquake climbs to 4,333, over 16,700 injured

Authorities said more than 6,400 people have been rescued alive since the twin earthquakes struck on June 24, with recovery efforts continuing across the worst-hit states

Updated On: 12 Jul 2026 | 8:03 AM IST

A nuclear debut in Bangladesh tests developing world's atomic shift

The $12.6-billion Rooppur nuclear plant is expected to meet up to 15% of Bangladesh's electricity demand, underscoring the country's push to reduce fossil fuel imports

Updated On: 12 Jul 2026 | 7:54 AM IST

Vinod Khosla-led group to buy Seattle Seahawks in $9.6 billion NFL deal

The deal, reportedly valued at $9.6 billion, would surpass the Washington Commanders' sale as the most expensive franchise acquisition in NFL history, subject to league approval

Updated On: 12 Jul 2026 | 7:47 AM IST

Iran refuses talks with US until conditions on Hormuz, oil exports met

The comments came hours after the US demanded that Iran publicly declare all channels of the Strait of Hormuz open to shipping and pledge not to attack civilian vessels transiting the waterway

Updated On: 11 Jul 2026 | 8:51 PM IST

OpenAI engineer's 'LOL' moment set stage for legal fight with Apple

At the center of the rift is Tang Tan, a former Apple executive who had overseen the design of the iPhone, smartwatch and several other products

Updated On: 11 Jul 2026 | 7:59 PM IST

Apple accuses OpenAI of stealing trade secrets in lawsuit over AI devices

Apple has accused OpenAI and its hardware chief, former Apple executive Tang Tan, of encouraging employees to share confidential information, components and designs related to unreleased products

Updated On: 11 Jul 2026 | 7:21 AM IST

JPMorgan's AI agents outperform 60/40 portfolio in historical backtests

JPMorgan's AI-powered investing agents outperformed a traditional 60/40 portfolio in historical backtests, though the bank cautioned that the results are based on simulations

Updated On: 10 Jul 2026 | 11:00 PM IST

Andy Burnham set to become next UK premier with majority of MP votes

At the end of the first day of the party's leadership contest to replace Keir Starmer, 322 of 403 Labour members of Parliament voted for Burnham

Updated On: 10 Jul 2026 | 10:50 PM IST

Milky Mist prepares to launch Rs 2,035 crore IPO as early as July-end

Milky Mist Dairy Food is preparing to launch a Rs 2,035 crore IPO by July-end or early August, with proceeds earmarked for capacity expansion and debt repayment

Updated On: 10 Jul 2026 | 9:10 PM IST

Shein wins Chinese regulatory approval to proceed with Hong Kong IPO

Shein has secured approval from China's securities regulator for its planned Hong Kong IPO after earlier listing attempts in the US and London failed

Updated On: 10 Jul 2026 | 6:46 PM IST

Shapoorji Pallonji Group's refinancing kickoff eases investor debt concerns

One of subsidiaries will issue about ₹15,000 cr worth of rupee-denominated bonds to a group of investors including Farallon Capital Management, Davidson Kempner Capital & Cerberus Capital Management

Updated On: 10 Jul 2026 | 2:42 PM IST

China successfully launches, retrieves reusable rocket booster at sea

The Long March 10B's first stage made a vertical landing on an offshore platform, making China the second country after the US to achieve the feat

Updated On: 10 Jul 2026 | 2:18 PM IST

Xavier Niel becomes biggest Vodafone shareholder with $6 billion stake

Vodafone's shares have declined 1.1% this year and closed at 97.76 pence on Thursday

Updated On: 10 Jul 2026 | 12:45 PM IST

Singapore's Helios bets on flagship Adani stock, buys 770,000 shares of AEL

The Singapore-based asset manager bought about 770,000 shares of Adani Enterprises Ltd. in the second quarter across three of its funds, two of which were first-time buyers

Updated On: 10 Jul 2026 | 10:41 AM IST

ONGC approves strategic oil reserve expansion after Iran war exposes risks

The ONGC board gave the green light to add 1.75 million tons of capacity in Mangalore, Karnataka, to national crude reserves, according to a filing

Updated On: 10 Jul 2026 | 9:27 AM IST

US-Iran peace agreement in limbo after renewed strikes, sanctions

In its initial phase, the memorandum of understanding that took effect June 18 was supposed to end all hostilities, provide sanctions relief for Iran and reopen the Strait of Hormuz

Updated On: 10 Jul 2026 | 9:09 AM IST