DoorDash, one of the world’s leading local commerce platforms, has opened its first India office in Hyderabad, starting with 500 professionals and planning to scale its headcount to more than 3,000 over the next two years.

The talent hub, located in Hitec City, marks the company’s long-term commitment to Telangana’s talent and innovation ecosystem.

Apple Pay has launched in India, allowing users to make payments using iPhone, iPad and Apple Watch, with support for Mac set to be introduced soon.

At launch, customers with Axis Bank-issued Visa and Mastercard credit cards can add their cards to Apple Pay and use them at in-store and online merchants across India, as well as anywhere that accepts NFC transactions.

The Ministry of Petroleum and Natural Gas (MoPNG) on Wednesday floated the draft Petroleum (Amendment) Bill, 2026, for stakeholder consultation, proposing to decriminalise minor offences related to the import, transport, storage, production, refining and blending of petroleum products.

The objective of the amendments proposed is to rationalize the otherwise generic offence presently under section 23 of Petroleum Act, 1934.

EverBrands India Ltd, which operates Subway restaurants, has filed draft papers with markets regulator Sebi to raise ₹600 crore through an initial public offering.

The IPO is entirely a fresh issue of equity shares, according to the Draft Red Herring Prospectus (DRHP) filed on Monday.

Apraava Energy has acquired Raigad Power Transmission Ltd, a special purpose vehicle (SPV) set up to develop an intrastate transmission project across Pune and Raigad districts in Maharashtra.

The project involves the setting up of 400 circuit kilometres of transmission lines and a pooling station.

An Indian court on Tuesday quashed the food regulator's order to stop Austrian beverage firm Red Bull using the label "energy ​drink" on its cans, saying the decision had been taken ​without allowing the company to explain its position.

The decision will come as a ‌major relief for Red Bull, but also Pepsi, Monster Beverage and billionaire Mukesh Ambani's Reliance, which in private had all criticised India's move.

Tata Trusts on Monday proposed merging Tata Electronics Systems Solutions (TESS) and Tata Consulting Engineers (TCE) into Tata Sons to avoid the holding company's public listing. The objective is to change the holding company’s business mix so that, according to the Trusts, it would no longer qualify as a non-banking financial company (NBDC) or a core investment company (CIC). The proposal still needs Tata Sons board approval and the Reserve Bank of India's (RBI’s) no-objection.

President Donald Trump announced Essar-backed Mesabi Metallics' $18 billion investment to build a fully integrated American steel company, including what he called the "largest steel plant in American history" in Iowa.

The investment includes a proposed $15 billion steel complex in Iowa and about $3 billion invested in an iron ore mine and pelletizing facility in Minnesota.

The US’s 100 per cent tariff on specified patented pharmaceutical products and their associated ingredients takes effect for more companies on Tuesday, but qualifying speciality medicines from India will be eligible for zero duty.

The US Department of Commerce’s Bureau of Industry and Security (BIS), in a September 23 notice published in the Federal Register, listed India among 20 jurisdictions eligible for zero-tariff treatment.

Sun Pharmaceutical Industries has signed a global licensing deal with US-based LIB Therapeutics for Lerodalcibep, a once-monthly drug used to lower “bad” cholesterol, giving it exclusive rights to commercialise and manufacture the medicine outside the US and China, the company said in an exchange filing on Monday.

The deal gives Sun Pharma access to a $3.7 billion market for PCSK9 inhibitors, a class of cholesterol-lowering medicines.

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