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BUSINESS

Ambani’s Jio set to open India’s biggest IPO from Oct 21, valued at nearly $108Bn

Jio Platforms opens bidding October 21 for India's biggest-ever IPO, valuing the company around the $107-$108Bn mark, putting it just behind Airtel's $128Bn market-cap.

Jio
SURABHI SUNDARAM — 2 MIN READ
BUSINESS

Zimbabwe banks on India’s UPI to speed up transactions, lower costs

Zimbabwe is in active talks with NPCI International to build its payments infrastructure on UPI. A deal could close by October 31 — which would make it the first Sub-Saharan African country to adopt UPI.

SURABHI SUNDARAM — 1 MIN READ
BUSINESS
BUSINESS

Amazon to invest $3Bn into quick commerce in India as it plays catch up

Amazon is committing $3 billion to India's quick commerce market by 2030 — a sector it currently holds just 6.2% of. Here's what the investment covers and what it's up against.

Amazon announces additional $13Bn in planned India investments
STAFF@THE TECH PORTAL — 3 MIN READ
BUSINESS

AMD joins $1 Trillion club as stock surges nearly 10%

AMD hit $1 trillion in market capitalisation for the first time today, with shares surging 9.6% to a record $613.50. A year ago, AMD was a $215 stock. The AI infrastructure bet is paying off.

KARAN SETHI — 1 MIN READ
BUSINESS
BUSINESS

India’s omnipresent UPI digital payments network gets a price tag, but only for select transactions

After six years of government-subsidised free payments, NPCI has introduced MDR on select UPI transactions. The structure is more nuanced than the headlines suggest — and the winners and losers aren't who you'd expect.

BUSINESS

Reliance-owned JioHotstar set for international debut to bank on Indians’ overseas presence

JioHotstar, the Indian streaming platform that was formed post Reliance’s acquisition of Disney’s India assets, is set to debut in international markets. Considering the streaming platform’s heavy India-leaning…

GLOBAL STAFF @ THE TECH PORTAL — 1 MIN READ

India plans issuing its first ever tokenised bonds as early as September this year: Report

24 AUG 2026 1 MIN READ
Jio logo on Sim Card Packets

Bank of America buys 49.9% stake in Jio’s lending arm for $1.9Bn

12 AUG 2026 1 MIN READ
A.I.

OpenAI is offering significant discounts on smaller models in bid to boost enterprise sales

ChatGPT maker OpenAI, has announced some of the most significant price cuts in the company’s history, as it looks to pounce on the more larger market share acquired…

STAFF@THE TECH PORTAL — 1 MIN READ
An AI generated image of OpenAI's office building
UberEats

Uber is acquiring Delivery Hero for $14.8Bn

16 JUL 2026 2 MIN READ
sk hynix

SK Hynix debuts on Nasdaq at $170, shares surge 14% in largest-ever foreign US listing

10 JUL 2026 2 MIN READ
BUSINESS

India’s contract manufacturing startup ‘Zetwerk’ receives regulator’s approval for IPO

Zetwerk has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO). The approval comes after the company…

ASHUTOSH SINGH — 2 MIN READ
BUSINESS

TCS reports 5% rise in Q1 FY27 profit to $1.4Bn, AI revenue reaches $2.6Bn

Tata Consultancy Services (TCS) reported a steady start to FY27, posting a consolidated net profit of ₹13,349 crore (~ $1.40 billion) for the April-June quarter, a 4.6-5% year-on-year…

ASHUTOSH SINGH — 2 MIN READ
BUSINESS

Amazon could raise $25Bn through bond sale to fund AI expansion

Amazon is preparing to raise at least $25 billion through a US dollar-denominated bond sale, making it one of the biggest corporate debt offerings of 2026, reports Bloomberg. The…

ASHUTOSH SINGH — 2 MIN READ
Amazon announces additional $13Bn in planned India investments
BUSINESS

Tesla delivers record 480,126 vehicles in Q2’26, sales jump 25% and beat estimates

Tesla made a strong comeback in the second quarter of 2026, delivering a record 480,126 electric vehicles globally, up 25% from 384,122 vehicles in the same quarter last…

ASHUTOSH SINGH — 2 MIN READ
Tesla Model S
BUSINESS

OYO parent PRISM files updated DRHP for ₹6,650 crore all-fresh issue IPO

OYO’s parent company, PRISM, has taken another major step towards its stock market debut by filing an Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange…

ASHUTOSH SINGH — 2 MIN READ
Oyo IPO delayed for the third time
BUSINESS

PayU India turns profitable for the first time in FY26, revenue rises 13% to $781Mn

PayU India has reported its first full-year operating profit in FY26, achieving a major milestone after years of investing heavily to expand its payments and lending businesses. The…

ASHUTOSH SINGH — 2 MIN READ
BUSINESS

Apple shares plummet over 6% amid price increase for Macs, iPads, home and Vision Pro

As Apple announced a rare extreme step of steep price increases across the MacBook series, iPad, home devices and Vision Pro line-up, investors seem to have been taken…

STAFF@THE TECH PORTAL — 1 MIN READ
Apple MacBook Pro M4
A.I.

Amazon adds $13Bn more to its planned India investment with focus on AI, Data Centres

With Amazon CEO Andy Jassy currently visiting India and meeting with the country’s top entreprenuers and leaders (including Prime Minister Modi), the US giant announced $13Bn of investments,…

STAFF@THE TECH PORTAL — 1 MIN READ
Amazon announces additional $13Bn in planned India investments
A.I.

South Korea’s SK Hynix plans record $29.4Bn Nasdaq listing amid AI boom

South Korean memory-chip giant SK Hynix is preparing for one of the biggest stock market offerings ever by a semiconductor company, announcing plans to raise up to 45.45…

ASHUTOSH SINGH — 2 MIN READ
sk hynix
BUSINESS

SpaceX launches first-ever senior unsecured notes offering, reveals $100.8Bn in cash reserves

SpaceX has launched its first-ever offering of senior unsecured notes, a type of corporate debt that is not backed by specific assets. Along with the debt offering, the…

ASHUTOSH SINGH — 2 MIN READ
spacex ipo

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