Pravel Jain
HDFC Bank has fired Sampath Kumar, group head of branch banking, along with two other senior executives, for their alleged involvement in the mis-selling of additional tier-1 (AT-1) bonds of Credit Suisse, CNBCTV18 reported. The two other executives are Harsh Gupta and Payal Mandhyan. This comes after Chairman Atanu Chakraborty's resignation triggered a sharp fall in the bank's share price.
Mar 20th, 2026

Dharini Mudgal
Oil marketing companies have hiked the price of premium petrol by up to ₹2.35 per litre. XP95 Retail Selling Price in New Delhi is ₹101.89/litre, while it is being sold at ₹112.53/litre in Mumbai, ₹114.95/litre in Kolkata and ₹108.9/litre in Chennai, reported PTI. Delhi, Mumbai, Kolkata and Chennai also witnessed a hike in commercial diesel prices.
Mar 20th, 2026

Eightco Holdings (ORBS) shares fell despite investing an additional $40 million in OpenAI, bringing its total commitment to $90 million. The stock struggled to reclaim the $1 mark, risking a Nasdaq compliance notice. While the broader market slumped on Middle East tensions, retail sentiment on Stocktwits remained extremely bullish with high chatter levels.
Mar 20th, 2026

Google CEO Sundar Pichai announced the company integrated 1 gigawatt of flexible electricity demand into utility contracts. As the first cloud provider to embed large-scale demand response, Google can shift data centre power usage based on grid needs. Alphabet Class A shares traded over 1% lower on Friday.
Mar 20th, 2026

IO Fund analyst Beth Kindig says Nvidia's $20 billion Groq acquisition will be the next major revenue catalyst by driving token usage. The deal focuses on inference architecture, with Nvidia expecting Groq to boost token output by 15 times. Kindig compares the move to Nvidia's 2020 Mellanox acquisition. Nvidia shares fell over 1% on Friday.
Mar 20th, 2026

Wall Street analysts expect Dell Technologies to benefit as Super Micro Computer shares plunge after employees were charged with smuggling AI servers to China. Wells Fargo stated Dell is a prime alternative to capture lost market share. While SMCI fell by over 27%, Dell rose nearly 6%.
Mar 20th, 2026

Arshiya Chopra
An Air India flight to Vancouver returned to Delhi after nearly eight hours in the air as the airline mistakenly deployed an aircraft that did not have the regulatory clearance to enter Canada, reports said. The aircraft, which made a U-turn after four hours, was a Boeing 777-200LR while Air India has approval to operate Boeing 777-300ER fleet in Canada.
Mar 20th, 2026

Arshiya Chopra
International Energy Agency's Executive Director Fatih Birol has issued a warning amid the Middle East war, stating that the world is facing the greatest energy security threat in the history. He said the war could trigger the largest ever disruption of the global oil market, potentially taking months to restore normal flows of oil and gas from the Gulf.
Mar 20th, 2026

Market strategist Shay Boloor urged the S&P 500 to replace Super Micro Computer with SoFi Technologies after SMCI officials were accused of smuggling servers to China. Boloor highlighted SoFi's strong 30% growth projection, banking license and crypto trading capabilities as key reasons, criticising SMCI's massive 80% drop since joining the index.
Mar 20th, 2026

NextEra Energy (NEE) stock gained over 1% after President Trump approved up to 10 gigawatts of natural gas-powered projects in Texas and Pennsylvania. Part of a broader $550 billion US-Japan trade agreement, the projects aim to meet rising electricity demand from data centres and manufacturing while strengthening energy security.
Mar 20th, 2026

Popular BizShortz
Bhawana Chaudhary
Arshiya Chopra
Vaishnavi Mishra
Vaishnavi Mishra
Ishaan Mukherjee
Ishaan Mukherjee
Ishaan Mukherjee
Recommended Topics