Garima Garg

Trump urges lawmakers to send healthcare funds to people, not insurers

US President Donald Trump proposed to Republican senators that money paid to insurance companies under the Affordable Care Act be given directly to Americans. He claimed this would let people "purchase their own, much better healthcare, and have money left over". "Take from the big, bad (money-sucking) insurance companies...and terminate...the worst healthcare...in the world, ObamaCare," he said.

Nov 8th, 2025

Trump urges lawmakers to send healthcare funds to people, not insurers

Garima Garg

SEBI released a draft circular clarifying the rights of investors in alternative investment funds (AIFs). It requires funds to disclose upfront how returns are shared, pro-rata or time-weighted pro-rata basis, and bars changes during the fund's term. Closed-ended AIFs must link rights to total or undrawn commitments. Investments made before December 13, 2024, would follow the existing terms.

Nov 8th, 2025

SEBI issues draft circular over rights of AIF investors

Shristi Acharya

Berkshire Hathaway has issued a public warning after several AI deepfake videos impersonating its CEO, Warren Buffett, have reportedly circulated on YouTube. The videos feature visuals often mimicking the Oracle of Omaha, while the audio is often a flat, generic speech offering investment advice that Buffett never gave. Berkshire issued the warning, titled "It's Not Me", on behalf of Buffett.

Nov 8th, 2025

It's not me: Warren Buffett warns over deepfakes impersonating him

Shristi Acharya

Bengaluru-based software-as-a-service (SaaS) firm Capillary Technologies will launch its IPO on November 14. It will raise ₹345 crore via fresh shares, while promoter Capillary Technologies International and investor Trudy Holdings will sell 92.28 lakh shares via offer-for-sale. It has reduced its public issue size from the earlier ₹430-crore fresh issue and offer-for-sale of 1.83-crore shares.

Nov 8th, 2025

SaaS firm Capillary Technologies to launch IPO on November 14

Meghna Tewari, the founder of BigSarees, left her corporate career to revive India’s handloom legacy. Starting from a single room, she built a ₹10 crore global brand empowering artisans and celebrating tradition. Through fair trade, creativity, and purpose, Meghna turned her passion into a movement, proving that a saree can carry both heritage and hope.

Nov 8th, 2025

BigSarees Founder Meghna Tewari quit job to start brand

Anmol Sharma

IIT Kharagpur graduates Varun Vummadi and Esha Manideep, founders of US-based AI startup Giga, faced racist trolling after announcing $61 million in funding. Trolls mocked their appearance and accent, with one comment reading, "If you raise $61 million...maybe hire attractive people for demo." Several X users defended them, with one writing, "When people can't compete...they attack appearance."

Nov 8th, 2025

Indian-origin AI startup founders face racist trolling after raising $61 million in funding

Shristi Acharya

Eternal, the parent of food delivery platform Zomato, has leased 2.7 lakh sq ft at Tata Realty and Infrastructure’s Intellion Park in Gurugram, Economic Times reported. It is in talks for an additional 1 million sq ft as part of efforts to expand its office space in this micro-market. Intellion Park is home to global companies like Google and IBM.

Nov 8th, 2025

Zomato leases 2.7 lakh sq ft office space in Gurugram: Report

Space-tech startup ULOOK has secured ₹19 crore in seed funding from growX Ventures & InfoEdge Ventures to develop autonomous satellite swarms for real-time RF sensing. The Bengaluru-based firm aims to strengthen India’s space intelligence capabilities with its homegrown 'PulseTrack' system, enabling signal tracking, maritime surveillance & spectrum awareness from orbit and high-altitude platforms.

Nov 8th, 2025

Bengaluru startup ULOOK raises ₹19 crore for space tech

Moody’s has downgraded Ola’s parent ANI Technologies to Caa1, warning of weak earnings, tight liquidity, and a possible breach of its $65 million loan covenant. Despite holding $90 million in cash, Ola faces rising refinancing risks and market competition from Rapido, prompting a negative outlook and concerns over future debt restructuring.

Nov 8th, 2025

Moody’s downgrades Ola, flags risk of loan breach

Seattle-based startup Interlune, founded by former Blue Origin executives Rob Meyerson and Gary Lai, is preparing a lunar mission to mine helium-3, a rare isotope known as “moon fuel.” Valued at $20 million per kilogram, helium-3 could revolutionize clean fusion energy. Interlune’s Prospect Moon mission, planned for 2027, will test robotic systems for mining and extraction on the Moon’s surface.

Nov 8th, 2025

Startup sets out to mine ‘moon fuel’ worth $20 million a kilo

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