Business — page 5
Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.
Latest Business stories
NPCI launches subsidiary NTSL to focus on AI, blockchain and digital financial infrastructure
NPCI has formed NPCI Tech Solutions Ltd (NTSL) to expand into AI, blockchain, and digital financial infrastructure. Vishal Kanvaty named MD and CEO.
Tarun Mottlia
Nov 5, 2026
UK payment operations miss growth potential despite open banking surge
UK businesses see payments as a growth driver, but only 27% use modern systems. Open banking and cVRP could bridge the gap.
Tarun Mottlia
Nov 5, 2026
NBCC’s World Trade Centre Project in Delhi Gets Provisional 4-Star GRIHA Rating
NBCC’s World Trade Centre project at Nauroji Nagar, New Delhi, receives a provisional 4-star GRIHA rating for sustainable building practices.
Tarun Mottlia
Nov 5, 2026
1nhaler raises £2.2M to replace plastic inhalers with cardboard alternative
1nhaler, a Scottish drug delivery startup, raises £2.2M in follow-on funding to develop a sustainable cardboard inhaler for asthma and beyond.
Tarun Mottlia
Nov 5, 2026
Aramco acquires 49% of Saudi AI firm HUMAIN for $2.6 billion
Aramco acquires a 49% stake in Saudi state-backed AI firm HUMAIN for $2.6 billion, aiming to integrate AI into industrial operations and expand data centre…
Tarun Mottlia
Nov 5, 2026
Canva cuts 1,271 jobs in first restructuring since 2013
Canva reduces workforce by 22% (1,271 employees) as growth slows for the first time in a decade.
Tarun Mottlia
Nov 5, 2026
BRÜK and Qubo founders: Products must become habits to retain customers
At Techsparks 2026, BRÜK and Qubo founders emphasized designing products that embed into daily routines, prioritizing reliability and value over marketing…
Tarun Mottlia
Nov 5, 2026
Apple’s Q4 earnings show record revenue but margin pressures under new CEO Ternus
Apple’s Q4 2026 earnings showed record revenue of $114.5B but warned of margin pressures due to memory-chip costs and AI investments.
Tarun Mottlia
Nov 5, 2026
Rivian spinout Also drops Kenya electric two-wheeler pilot to focus on e-bikes and autonomous vehicles
Also, the micromobility startup spun out of Rivian in 2025, discontinued its Shell Foundation-backed electric two-wheeler pilot in Kenya.
Tarun Mottlia
Nov 5, 2026
Yvonne Bajela raises $17M for Evertrue, a U.K.-Europe early-stage fund
Former LocalGlobe and Impact X Capital VC Yvonne Bajela raises $17M for Evertrue, focusing on early-stage AI and fintech startups in the U.K. and Europe.
Tarun Mottlia
Nov 5, 2026
AFC CEO: AI and digital tools cannot formalise Africa’s informal economy without infrastructure
Samaila Zubairu of Africa Finance Corporation says digital tools fail without investment in electricity, transport, and storage infrastructure to support…
Tarun Mottlia
Nov 5, 2026
Asda appoints David Potts as chief executive
Asda names David Potts, former Morrisons CEO, as its new chief executive. Allan Leighton steps into a non-executive chairman role.
Tarun Mottlia
Nov 5, 2026
Former airline employee sentenced to 16 months for $600K ticketing fraud
Chaculvin Hayes, a former GAT Airline Ground Support employee, exploited airline ticketing systems to steal over $600,000 in tickets, upgrades, and vouchers.
Tarun Mottlia
Nov 5, 2026
Apple reports record India revenue in Q4 FY26, launches Apple Pay with Axis Bank
Apple achieved all-time revenue records in India for Q4 FY26, driven by iPhone and Mac sales, and launched Apple Pay with Axis Bank as its first partner.
Tarun Mottlia
Nov 5, 2026
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IndiQube posts 35% revenue growth, slashes net loss by 80% in Q2 FY27
IndiQube’s Q2 FY27 results show a 35% year-on-year revenue increase to Rs 472 crore and an 80% reduction in net loss, signaling improving profitability…
Tarun Mottlia
Nov 5, 2026
Xbox explores sale of Arkane Studios, Ubisoft among bidders
Xbox is considering offers for Arkane Studios, including bids from Ubisoft and other companies.
Tarun Mottlia
Nov 5, 2026
NTT DATA to expand Mangaluru workforce to 2,500 by 2027
NTT DATA plans to expand its Mangaluru team to 2,500 professionals by 2027, focusing on AI, cloud, and data tech as part of Karnataka’s regional development…
Tarun Mottlia
Nov 5, 2026
Interest rates hiked to 4% in first increase in over three years
Most analysts expected the increase from 3.75% to 4%.
Tarun Mottlia
Nov 5, 2026
Hugging Face’s CEO Says His P(Doom) Is ‘Close to Zero’
“Most of the risk is actually created by a couple of players building behind closed doors,” Clément Delangue said of the need for open source AI.
Tarun Mottlia
Nov 4, 2026
The Lawyer Holding Big Tech Accountable by ‘Beating the Tar Out of Them’ in Court
Mark Lanier led the first social media addiction case to go to trial, winning a verdict against Meta and Google in March. It’s just the beginning.
Tarun Mottlia
Nov 4, 2026
Why are premium domains so expensive?
A normal .com costs about $11 a year to register. The best names can sell for millions. Here is why.
Tarun Mottlia
Nov 4, 2026
Shopify misses revenue estimates for the first time since 2022
AI spending on its Sidekick assistant cut into subscription margins, Shopify earnings show. President Harley Finkelstein expects AI shopping agents to go mainstream this holiday season.
Tarun Mottlia
Nov 4, 2026
Disney plans thousands of layoffs, asks some managers to cut costs by 20%
It would be the third round of Disney layoffs since Josh D’Amaro became chief executive. The company told shareholders in August it was weighing labour cuts to free up money for growth.
Tarun Mottlia
Nov 4, 2026
ElevenLabs could start preparing for an IPO in 2028, its CEO says
An ElevenLabs IPO would be “a step in the journey”, Mati Staniszewski said at Bloomberg Tech in London. He expects people to assume they are talking to AI in business within three to five years.
Tarun Mottlia
Nov 4, 2026