Category: Business

This comes as Canva, valued at $42 billion, says they now have more than 260 million monthly active users. (Official Image)
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Canva’s Creative OS and Affinity app lay foundations for an ‘imagination era’| Business News

“We are moving from the information era, to the imagination era,” said Melanie Perkins, co-founder and chief executive officer of Canva. The unique designing and…

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The Jio Gemini plan extends Reliance Jio's value-added services beyond connectivity into high-end AI experiences. (Bloomberg)
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Some Reliance Jio users to get free Google Gemini Pro access for 18 months — how to claim| Business News

Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available…

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Tarun Garg, chief executive officer of Hyundai Motor India Ltd. (Bloomberg)
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Revenue shows marginal rise, net profit up 14.30%| Business News

Hyundai Motor India Ltd. grew marginally in the fiscal second quarter on muted sales, even as profitability improved. Tarun Garg, chief executive officer of Hyundai…

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An OpenAI IPO is not our focus, so we could not possibly have set a date, a spokesperson for the ChatGPT creator says. (Reuters)
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An OpenAI IPO at $1-trillion valuation? Sam Altman said to begin work for 2026 listing| Business News

OpenAI Inc. has started laying the groundwork for an IPO that could peg the ChatGPT creator’s valuaton at up to $1 trillion, setting the stage…

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Alphabet views its AI spending—from data centres and custom AI chips to research and talent—as critical for Google Cloud to compete against Amazon Web Services and Microsoft Azure. (Bloomberg)
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Google clocks first $100-billion quarter amid ‘full-stack approach to AI’| Business News

Google parent Alphabet Inc. has clocked its first $100-billion quarter as the company fired on all cylinders—Google Search, Google Cloud, YouTube and Google Gemini—underscoring the…

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Alphabet CEO Sundar Pichai. Google Search ads brought in $56.6 billion in sales in July-September, as “search instance share losses to ChatGPT have moderated”. (Bloomberg)
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Google Cloud, Gemini power Alphabet earnings as ‘AI now driving real business’| Business News

Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and AI services. Shares rose as much as…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
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Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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Louise Pentland, Chief Legal Officer and Executive Vice President for Legal and Government Relations, Adobe. (Official image)
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Adobe’s Louise Pentland| Business News

Artificial intelligence may be rewriting the rules of creativity, but Adobe’s legal compass still points toward one constant — trust. At a time when “AI-generated”…

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Microsoft Azure’s quarterly results show that businesses are still splurging on artificial intelligence services despite fears of a bubble. (REUTERS/ Representative)
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Microsoft’s Azure posts blockbuster growth amid massive outage, beats Wall Street estimates| Business News

Microsoft reported blockbuster growth in its Azure business on Wednesday, pushing its quarterly revenue past Wall Street estimates. This was on a day when the…

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CBDT has decided to extend the due date of furnishing of Return of Income for the AY 2025–26. (Reuters)
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Income tax audit deadline extended: Corporates, taxpayers get relief till December 10 | Details

The Income Tax Department on Wednesday extended the deadline for filing income tax returns (ITRs) for corporates and assessees requiring an audit for the assessment…

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