Mansi Agarwal
Suneil Setiya, the co-owner of trading firm Quadrature Capital, has purchased a mansion in London for over £270 million (around ₹3,400 crore). According to the Financial Times, it is the most expensive home sale in the UK. Setiya bought the property from Nick Candy, a luxury property developer and treasurer of the Reform UK political party.
Apr 16th, 2026

Mansi Agarwal
Anthropic on Thursday unveiled Claude Opus 4.7, its most capable Opus AI model yet, with significant advances in coding. The model can process images at over three times the resolution, allowing users to create higher-quality interfaces, slides and documents. Shares of design platforms such as Adobe, Wix and Figma fell following the release.
Apr 16th, 2026

Garima Garg
The Centre has rejected media reports that restoring India's LPG supply to pre-West Asia war levels may take 3-4 years. "The claim...creates an incorrect impression about the country's supply position," MoPNG said. "On average, 50 lakh cylinders have been delivered every day in March and not a single dry-out has been reported at any distributorship," MoPNG added.
Apr 16th, 2026

Ishaan Mukherjee
IndiGo has acquired an equity stake worth ₹10 crore in Bengaluru-based air-taxi startup Sarla Aviation through an investment made using IndiGo Ventures in January, ET reported citing filings. The startup is developing an electrical vertical takeoff and landing (eVTOL) aircraft with a seating capacity of up to six passengers. This marks IndiGo's second attempt to enter the air mobility segment.
Apr 16th, 2026

Mansi Agarwal
US President Donald Trump's nominee for Federal Reserve Chair, Kevin Warsh, has disclosed investments and holdings worth roughly $131 million to $209 million. If chosen, he could be the richest person to head the US central bank. Warsh is married to Jane Lauder, an heiress to the Estée Lauder family, with an estimated personal net worth exceeding $2.5 billion.
Apr 16th, 2026

MosChip approved the acquisition of 73% stake in Vayavya Labs for ₹245.49 crore, including ₹148.52 crore cash and ₹96.97 crore equity issuance. The company will issue 50,50,686 shares at ₹192 per share. Vayavya Labs reported ₹83 crore turnover in FY26, supporting semiconductor and engineering capabilities and growth.
Apr 16th, 2026

SAMHI Hotels entered into an agreement with an affiliate of Ingka Centres to lease a 162-room upscale hotel in Sector 51, Noida, part of a 2.5 million sq ft mixed-use development. Ingka Centres will lease the structure, while SAMHI Hotels will invest in interior fit-outs, with brand to be finalised later.
Apr 16th, 2026

MIC Electronics received orders from Indian Railways worth ₹1,12,14,148.93 and ₹1,09,45,604 for telecom assets and passenger information systems. The Nagpur Division order is to be executed in 6 months, while the Salem Division order includes a 5-year maintenance contract under the Amrit Bharat Scheme.
Apr 16th, 2026

HDB Financial Services reported net interest income of ₹2,399 crore in Q4FY26, up 5.0% QoQ and 21.6% YoY, while NIM improved to 8.23%. Cost-to-income ratio declined to 39.5%. Profit after tax rose to ₹751 crore. However, credit cost stood at ₹685 crore, and ₹2,815 crore for FY26.
Apr 16th, 2026

Ishaan Mukherjee
Sam Altman-backed autonomous vehicle startup Glydways seeks to raise $250 million to reach a valuation of over $1 billion. It plans to make podlike vehicles that provide on-demand rides, running on dedicated two-meter-wide expressways to offer taxi-like service, avoiding congestion. The firm recently closed a $170-million funding round from investors like Suzuki Motor Corp and Khosla Ventures.
Apr 15th, 2026

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