Every story Uzha has summarised, newest first. For the five-minute version, read today's brief.
Business ·
Amazon confirmed it eliminated a small number of roles, primarily within its Stores unit that runs the main e-commerce site. Fewer than 1,000 white‑collar employees were affected across countries including the US, India and the UK, and the cuts coincided with its Prime Big Deal Days promotion.
2 sources · ET Tech, The Hindu Technology
Business ·
Jeff Bezos said Blue Origin will probably pursue an initial public offering several years from now, speaking after the company raised $10 billion from outside investors. He also confirmed he has invested $28 billion in Blue Origin since founding it and noted a public listing would make sense at some point.
1 source · ET Tech
Business ·
Groww told ET that it expects newer businesses — including wealth advisory and AI-powered mutual fund advice — to take a larger share of revenue as they scale. The company noted a decline in trading income share and cited its Rs 961-crore Fisdom acquisition as adding expertise for affluent customers.
1 source · ET Tech
Business ·
DoorDash sent form emails in August to Bay Area restaurants warning they may be listed without consent on Bites, a small pre-seed delivery startup. Bites is a roughly 10-person company with about 300 restaurants signed up in the Bay Area, while DoorDash processes hundreds of millions of orders and billions in revenue.
1 source · The Verge AI
Business ·
Industry players are moving beyond selling models to integrating them into customers' core operations, learning those businesses from the inside. The article argues firms then convert that knowledge into standalone products that can compete with their customers.
1 source · Inc42
Business ·
Spotify announced it will expand its audiobook service from 22 markets to more than 180 markets by the end of 2026 and will offer over 350,000 titles in 120+ languages. The company also plans improvements to its Page Match feature that lets users switch between print/digital books and audio using an ISBN scan.
1 source · ET Tech
Business ·
Bitcoin is trading below recent highs after repeated rejections near $87,000, limiting its recovery. Large holders are accumulating while about 40,000 BTC moved off Binance in the past two weeks, but cooling ETF flows, higher Treasury yields, and monetary-policy uncertainty are making traders cautious.
1 source · Gadgets 360
Business ·
Xbox has denied reports that Grand Theft Auto 6 would be available via Xbox Cloud Gaming on PC at launch. Microsoft says GTA 6 will release on consoles on 19 November and will not be streamable to PC at that time.
1 source · Mint Technology
Business ·
Google contracted 3,590 megawatts of power from Constellation Energy in a deal that includes upgrades at Constellation’s nuclear reactors. The agreement features a 20-year power purchase for 890 MW of nuclear capacity, more than $4.3 billion of Constellation investment, and first upgraded-plant deliveries expected in 2028.
2 sources · ET Tech, The Hindu Technology
Business ·
Bridgewater founder Ray Dalio told the Forbes Global CEO Conference in Singapore that AI resembles a classic bubble and is approaching a bursting point. He cited heavy debt-financing for AI investments and rising interest rates as key risks while equity valuations remain high.
1 source · ET Tech
Business ·
Cloud provider Lambda is raising up to $4 billion at a reported $14.5 billion pre-money valuation in what could be its final private round before a planned 2027 IPO. Reports say Blackstone and Coatue are leading the round and Lambda's backlog jumped from $15 billion in June to $50 billion in September, driven largely by a $35 billion commitment from Anthropic.
2 sources · ET Tech, TechCrunch AI
Business ·
Swara Baby Products, a contract manufacturer and subsidiary of Brainbees Solutions (parent of FirstCry), received SEBI's final observation for a ₹1,000 crore IPO. The offer includes a ₹500 crore fresh issue and a ₹500 crore offer for sale, with proceeds earmarked for a new Madhya Pradesh plant, debt repayment and acquisitions.
2 sources · Inc42, YourStory
Business ·
Chinese AI startup DeepSeek is close to securing at least 80 billion yuan (about $11.93 billion) in a new funding round with major commitments from Tencent and battery maker CATL. The company has launched new V4 models, is partnering with Huawei on Ascend-optimised tools, and is preparing for a possible 2027 IPO.
2 sources · ET Tech, The Decoder
Business ·
India’s insurtech sector is moving from rapid expansion to a focus on sustainable scale as investors push for clearer paths to profitability. Companies that combine technology with trust, strong servicing and disciplined distribution are expected to be favoured in the next phase.
1 source · YourStory
Business ·
Meesho shares climbed about 6% intraday after Jefferies maintained a ‘Buy’ rating with a target of ₹240. Jefferies cited management's expectation of 25% NMV CAGR and highlighted logistics arm Valmo, margin improvement and financial-services opportunities as growth drivers.
1 source · Inc42
Business ·
Razorpay said it has deepened its partnership with OpenAI to help Indian brands advertise on ChatGPT using its Razorpay Engage platform. Engage will help brands prepare product catalogs, launch and manage ChatGPT Ads campaigns and measure performance, with several Indian brands already onboarded.
2 sources · Inc42, MediaNama
Business ·
A growing set of Indian brands selling premium staples — atta, oil, ghee, salt and similar items — are asking households to reconsider everyday purchases by offering products with differences like fresh-milled flour or traditional ghee. Their main challenge is converting short-term trials into repeat buying, even as many tap quick commerce and modern trade and attract substantial funding to scale.
1 source · Inc42
Business ·
Honasa Consumer shares rose over 8% in early trade after the company projected net sales value growth in the low thirties for Q2 FY27. The company expects Mamaearth NSV to grow in the high teens and its younger brands to grow in the mid-forties, with a low double-digit operating margin forecast.
1 source · Inc42
Business ·
Ola Electric chairman Bhavish Aggarwal has pledged a 4.32% stake to finance his participation in the company's proposed rights issue of up to ₹1,000 crore. The rights proceeds are intended for debt repayment and organic growth, and the company deferred a board meeting as it awaits exchange approvals.
3 sources · ET Tech, Inc42, YourStory
Business ·
AceVector Ltd., the parent of Snapdeal, debuted on the BSE and NSE on October 5, 2026, with shares listing roughly 11.5% below the ₹32 IPO price. The stock closed the session down about 18.4–18.5% from the issue price after touching intraday lows and lowered the company's market valuation.
2 sources · Inc42, YourStory
