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Uber launches B2B logistics service in Bengaluru

Uber is expanding into B2B logistics in India with Uber Direct, leveraging its bike fleet on the ONDC platform. This new service aims to generate revenue beyond rides and couriers by fulfilling grocery and food orders for partners like Zepto and KFC. Uber acts as a silent logistics provider, with customers unaware of their involvement….

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Investors find cheer amid Fed’s hawkish cut

Federal Reserve Chair Jerome Powell reacts while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images It ended up being a “hawkish cut,” as expected. Still, investors managed to find a few gifts tucked between the…

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BYT Capital launches ₹180 crore deep-tech fund to back frontier innovation | Start Ups

BYT Capital, an India-focused deep-tech venture capital firm founded by Amit Chand, Dinesh Kumar and partners with experience across research-led innovation and early-stage investing, has announced the launch of its maiden ₹180 crore Category II alternative investment fund (AIF). The fund will back founders building at the frontier of scientific and engineering innovation.  …

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Oracle (ORCL) Q2 earnings report 2026

Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $2.26 adjusted vs. $1.64 expected Revenue: $16.06 billion vs. $16.21 billion expected With respect…

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Didn’t engineer chaos to bypass pilot rest rules: IndiGo chairman

IndiGo’s chairman, Vikram Singh Mehta, apologized for recent flight disruptions, denying they were deliberate. He stated external experts will identify root causes to prevent future chaos. Mehta clarified that the airline followed new pilot rest rules and did not compromise safety. A combination of internal and external factors, not intentional actions, pushed systems beyond limits,…

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Fed cuts rate but future easing uncertain

Danielle KayeBusiness reporter Reuters US Federal Reserve Chair Jerome Powell The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions create uncertainty about additional cuts in the coming months. The central bank said on Wednesday it was lowering the target for its key lending rate by 0.25…

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