Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over
INDIA BUSINESS | Tue, 21 Apr 2026, 3:09AM IST
Mr. Cook, who has led Apple since 2011, will become the companys executive chairman
Continue reading at The Hindu
9m
Tim Cook steps down as Apple CEO; hardware chief John Ternus to take over
INDIA BUSINESS | Tue, 21 Apr 2026, 3:06AM IST
Mr. Cook, who has led Apple since 2011, will become the companys executive chairman
Continue reading at The Hindu
13m
Second Jury Finds Uber Responsible for Sexual Assault by a Driver
GLOBAL NEWS | Tue, 21 Apr 2026, 2:17AM IST
The ride-hailing giant has now lost the first two of more than 3,000 pending federal lawsuits.
Continue reading at The New York Times
1h
The price of a war far above the ground
INDIA BUSINESS | Tue, 21 Apr 2026, 1:53AM IST
The Iran war and geopolitics will reshape global aviation economics
Continue reading at The Hindu
1h
US Stock Market: US stocks closes slightly down on renewed tensions between US, Iran
INDIA MARKET | Tue, 21 Apr 2026, 1:32AM IST
U.S. stocks edged lower as renewed U.S.-Iran tensions cast doubt on a ceasefire, despite Iran considering peace talks. Oil prices surged as the Strait of Hormuz was intermittently closed. Investors are now assessing the impact of these geopolitical events on corporate earnings and the broader economy.
Continue reading at Economic Times
1h
Wall Street regulators jointly propose to trim Biden-era private fund reporting rules
INDIA MARKET | Tue, 21 Apr 2026, 12:53AM IST
U.S. securities regulators proposed reforms to private fund disclosure rules, aiming to reduce burdens on smaller firms while still collecting essential data. The changes would significantly raise asset thresholds for mandatory reporting, a move criticized by some for potentially increasing industry opacity. The proposal seeks to balance risk management with regulatory relief.
Continue reading at Economic Times
2h
'Grid bottlenecks, execution risks slow power expansion': Report
INDIA BUSINESS | Tue, 21 Apr 2026, 12:39AM IST
India's renewable energy goals are facing hurdles. Power Grid Corporation of India Ltd, or PGCIL, is struggling with delays in building power transmission lines. These delays are caused by land acquisition and other issues. This is affecting PGCIL's profits and its stock market performance. The company is undertaking a large capital expenditure program to address these issues.
Continue reading at Economic Times
2h
INDIA BUSINESS | Tue, 21 Apr 2026, 12:36AM IST
The Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank over the last decade have been summoned. This probe follows questioning of former bank officials. The irregularities are estimated to have caused losses of around 2,000 crore. The investigation aims to uncover corporate governance issues and accounting discrepancies.
Continue reading at Economic Times
2h
CBM licensing round draws few bidders
INDIA BUSINESS | Tue, 21 Apr 2026, 12:34AM IST
The latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four attracting only a single bidder. Only two blocks will experience competitive bidding, as just three companies participated in the Special CBM Bid Round 2026, despite more liberal terms.
Continue reading at Economic Times
2h
CERC proposes Grid India as market coupling operator
INDIA BUSINESS | Tue, 21 Apr 2026, 12:32AM IST
In a bid to revolutionize electricity trading in India, the National Electricity Regulatory Authority is unveiling proposed regulations that will allow the Grid Controller of India Ltd to implement market coupling. This strategic initiative aims to standardize pricing across various electricity markets, enhancing transparency and efficiency.
Continue reading at Economic Times
2h
Drug regulator transfers 95 officials in mass reshuffle
INDIA BUSINESS | Tue, 21 Apr 2026, 12:29AM IST
The Central Drugs Standard Control Organisation has moved about 95 officials across India. This reshuffle aims to improve compliance and lessen the impact of long-serving officers on the pharmaceutical sector. The move follows a structured transfer policy.
Continue reading at Economic Times
2h
SC asks NCLT to expedite call on Supertech oversight panel
INDIA BUSINESS | Tue, 21 Apr 2026, 12:28AM IST
The Supreme Court has directed the National Company Law Tribunal to quickly decide if a court-appointed committee is needed for Supertech's 30 stalled projects. This comes after the interim resolution professional was suspended. Homebuyers are concerned about project completion. The tribunal will consider if the committee is necessary for all projects or just those taken up by NBCC.
Continue reading at Economic Times
2h
UAE hotels find peace in war, go for renovations and upgrades
INDIA BUSINESS | Tue, 21 Apr 2026, 12:23AM IST
Premium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up to 18 months. Others are pausing restaurant operations. Industry experts expect more luxury properties to follow. This strategy aims to minimize revenue disruption. It also prepares for future demand upcycles.
Continue reading at Economic Times
2h
UAE hotels see peace in war, upgrade rooms
INDIA NEWS | Tue, 21 Apr 2026, 12:23AM IST
Dubai/New Delhi: At least seven premium hotels in Dubai, including Armani Hotel Dubai and Jumeirah Burj Al Arab, have announced temporary closures or partial suspensions to undertake renovations amid a significant slowdown in tourist inflows due to the US-Israel-Iran conflict. Plaza Hyatt Dubai, St Regis The Palm, and Radisson Blu are set for refurbishment works while Atlantis Dubai has temporarily paused operations at seven restaurants across its two properties, The Palm and The Royal. Industry executives expect more luxury properties to follow suit with the softer demand environment expected to continue through the summer months. Key hotels may also integrate infrastructure resilience and security upgrades alongside refurbishments, to better prepare for such security related shocks, they said.130401622 "Major hospitality players in the UAE... will use the current demand slowdown as a strategic window to accelerate refurbishment and upgrade cycles, particularly in the luxury segment, where asset repositioning and premiumisation are critical to remain competitive," said Prashant Thakur, executive director and head, research & advisory at real estate service company Anarock Group. Tourism, which accounts for roughly 14% of the UAE's economy, has come under pressure since the war began on February 28, affecting visitor flows and airline schedules. Armani Hotel Dubai, located within the Burj Khalifa, has suspended operations to undergo a comprehensive refurbishment, with reopening targeted for the last quarter of 2026. The iconic sail-shaped Jumeirah Burj Al Arab has announced an 18-month closure to carry out its first major restoration programme since opening in 1999. Last month, the property was hit by drone debris amid Iranian attacks and had reported minor exterior damage. The restoration work will focus on the interiors while preserving the property's signature design. St Regis The Palm has suspended most of its services and bookings till August 31 to undergo refurbishments, with only their lobby lounge and bar remaining open during this time. Park Hyatt Dubai has also closed temporarily for renovation, whereas Radisson Blu Hotel, Dubai Media City will close on April 30 for renovation, marking the start of a transition for the property. The Anantara World Islands Dubai Resort has ceased operations from April 10, following "careful consideration," its operator said. Atlantis Dubai (The Palm and The Royal) has paused operations for seven select restaurants and bars, including Dinner by Heston Blumenthal, Hakkasan, and Ossiano, to renovate and adjust to summer demand. "This counter-cyclical strategy helps minimise revenue disruption while preparing for the next demand upcycle, which remains intact given the UAE's strong tourism fundamentals and global positioning," Thakur said. "That's a trend seen globally after events such as the September 11 attacks and the 2008 Mumbai attacks, when hospitality assets enhanced surveillance, emergency protocols and perimeter security, with markets eventually staging a full, albeit gradual, recovery," Thakur said.
Continue reading at Economic Times
2h
SC asks NCLAT to take decision on 14 housing projects of debt-ridden Supertech
INDIA BUSINESS | Tue, 21 Apr 2026, 12:16AM IST
The Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure project completion and resolve homebuyers' long-standing issues. The NCLAT will hear all stakeholders, including land agencies and farmers. This follows a previous order for NBCC to complete 16 other Supertech projects.
Continue reading at Economic Times
3h
Telcos test waters with smaller tariff hikes before big one
INDIA BUSINESS | Tue, 21 Apr 2026, 12:14AM IST
Bharti Airtel, Vodafone Idea and Reliance Jio are changing their prepaid plans. Airtel has increased prices and added streaming subscriptions. Vodafone Idea is restructuring plans, especially for 5G. Jio reduced validity on a basic plan but also added OTT benefits. These moves aim to boost revenue without direct tariff hikes.
Continue reading at Economic Times
3h
Telcos test waters with smaller tariff hikes
INDIA NEWS | Tue, 21 Apr 2026, 12:14AM IST
New Delhi: Bharti Airtel adjusted price of its mid-to-long-term validity plans earlier this month, discontinuing the 799 prepaid pack while increasing the price of the 859 plan to 899. While there was no change in the data benefits, the telecom operator started bundling subscriptions to an over-the-top (OTT) streaming app.Both plans offered 1.5 GB per day. The 799 plan had a validity period of 77 days, while the revised 899 plan offers 84 days of validity.Vodafone Idea also adjusted and restructured some of its plans in certain circles, particularly where it has launched 5G services. The cash-strapped telco in February increased the entry price of unlimited 5G data offering to 349 in some circles, while in others it remained 299.Also read | Starlink unable to get signal for India liftoff; faces FDI hurdles amid security concernsMore recently, Vodafone Idea revised its existing NonStopHero packs, which offered unlimited data throughout the day, to offer unlimited access to data only at night. 130401273 Reliance Jio, which is planning an initial public offering (IPO) later this year, has made just one change to its prepaid offerings, reducing the validity of its entry-level 195 plan to 30 days from 90 days, but it started bundling subscriptions to OTT services to justify the downgrade.These price changes, made in the absence of headline tariff hikes which were widely expected to happen late last year, will not make any significant improvement in the average revenue per user (ARPU), a key performance metric for telecom operators, market trackers said.Also read | TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTelecom operators including Bharti Airtel and Vodafone Idea have been clamouring for increasing industry tariffs to improve their return on capital employed, which they maintain are among the lowest in the world.
Continue reading at Economic Times
3h
Room with a view! More branded hotels check into state capitals
INDIA BUSINESS | Tue, 21 Apr 2026, 12:08AM IST
Branded hotels are set to expand across India's state capitals. Patna alone will see its branded hotel pipeline grow to eleven. Across the country, an estimated 60,253 new hotel rooms are expected in the next five years. Cities like Lucknow, Kolkata, Shimla, and Raipur are also anticipating new hotel developments.
Continue reading at Economic Times
3h
India's premium liquor boom defies global slowdown
INDIA BUSINESS | Mon, 20 Apr 2026, 11:48PM IST
India's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite a worldwide decline in alcohol sales volume and value, India saw growth. This indicates a strong consumer preference for prestige whiskies and premium white spirits.
Continue reading at Economic Times
3h
Elon Musk Ignores French Prosecutors, Widening Tech Rift With Europe
GLOBAL NEWS | Mon, 20 Apr 2026, 11:42PM IST
Prosecutors investigating his social media company, X, had summoned him for a meeting. His no-show reflected a broader dispute over regulation.
Continue reading at The New York Times
3h
INDIA MARKET | Mon, 20 Apr 2026, 11:33PM IST
Tilak Varma scored 101 not out off only 45 balls for Mumbai Indians against Gujarat Titans.
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3h
Trumps Fed Pick to Defend Central Banks Ability to Set Rates Independently
GLOBAL NEWS | Mon, 20 Apr 2026, 11:31PM IST
Kevin M. Warsh is set to testify at the Senate Banking Committee on Tuesday even as a criminal investigation into the central bank risks delaying his ascension to become the next chair.
Continue reading at The New York Times
3h
Kevin Warsh, Trumps Fed Pick, to Defend Banks Ability to Set Rates Independently
GLOBAL NEWS | Mon, 20 Apr 2026, 11:31PM IST
Kevin M. Warsh is set to testify at the Senate Banking Committee on Tuesday even as a criminal investigation into the central bank risks delaying his ascension to become the next chair.
Continue reading at The New York Times
3h
Tata Group Leads India's $1.45 Billion Overseas Equity Investment Surge In March 2026
INDIA MARKET | Mon, 20 Apr 2026, 11:28PM IST
In the loan segment, United Arab Emirates received the highest loan commitment from India worth $223.94 million, and Mauritius worth $146.27 million, the data showed.
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3h
Tata Group Leads India's $1.45 Billion Overseas Equity Surge In March 2026
INDIA MARKET | Mon, 20 Apr 2026, 11:27PM IST
In the loan segment, United Arab Emirates received the highest loan commitment from India worth $223.94 million, and Mauritius worth $146.27 million, the data showed.
Continue reading at NDTV
3h
Archana Puran Singh Reveals How 'The Kapil Sharma Show' Affected Her Film Career
INDIA MARKET | Mon, 20 Apr 2026, 11:27PM IST
Archana Puran Singh is known for her loud laughter and hilarious comments in between the show.
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3h
INDIA MARKET | Mon, 20 Apr 2026, 11:26PM IST
Stay tuned with the latest events as the US-Iran temporary ceasfire ends on Tuesday.
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3h
Anne Hathaway Named 'World's Most Beautiful' Star 2026 By People Magazine See Stunning Cover
INDIA MARKET | Mon, 20 Apr 2026, 11:25PM IST
Anne Hathaway joins a list of past stars like Beyonc, Jennifer Aniston, and Sofia Vergara in People Magazine's cover.
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3h
Fermi stock drops sharply after CEO and CFO departures
INDIA MARKET | Mon, 20 Apr 2026, 11:24PM IST
U.S. power startup Fermi's shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda Research alleged fraudulent transfers by Neugebauer and other executives. Despite leadership changes, the company reiterated its operational plan for "Project Matador," an AI-focused electricity generation site.
Continue reading at Economic Times
3h
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