Category: Business

In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP)
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Amazon layoffs to impact 800-1,000 jobs in India as AI upends work model| Business News

The global Amazon layoffs can result in 800-1,000 job cuts in India, as the US-based e-commerce firm taps AI to reduce overheads. In all, Amazon…

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Nvidia CEO Jensen Huang. (AFP)
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Nvidia picks up billion-dollar stake in Nokia as AI push deepens| Business News

Nvidia Corp. has decided to make a billion-dollar investment in Nokia Oyj, as the world’s most-valued company looks to spread its AI net far and…

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OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP)
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Microsoft, OpenAI strike new deal that pegs ChatGPT maker’s valuation at $500 billion| Business News

Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI…

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Apple is the third company to achieve a market cap of $4 trillion after Nvidia Corp. and Microsoft Corp. (Bloomberg)
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Apple market cap tops $4 trillion for first time as iPhone 17 gains offset AI pain| Business News

Apple Inc.’s market capitalisation has topped the $4-trillion mark for the first time, as surging demand for its iPhone 17 models offset feard of slow…

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Adani Green Energy is seen as the bellwether of India's renewable energy sector. (Reuters)
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Revenue flat, net profit surges 25% on higher power sales| Business News

Adani Green Energy Ltd. grew its bottomline by a fourth in July-September 2025 on higher sales and capacity utilisation. Adani Green Energy is seen as…

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Adobe visualises Project Moonlight as an assistant that can travel with a user across Adobe’s applications and learn. (Official image)
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Adobe’s Agentic AI vision builds around assistants inside creative apps| Business News

At a time when there is a sense of ambiguity about the best way forward with autonomous agents in the workplace, Adobe, at the tech…

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Adobe seemingly understands Firefly’s strengths and partner models will unlock additional generative tools based on their expertise. (Official image)
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Adobe Firefly takes its next flight with AI world’s diverse models on board| Business News

Adobe’s core focus at their MAX keynote last year was to give its creative apps a broader feature suite underlined by artificial intelligence (AI) foundations…

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Amazon CEO Andy Jassy, (Reuters)
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Amazon to cut 14,000 corporate jobs in yet another round of layoffs| Business News

Amazon.com Inc. has announced yet another round of layoffs that will see the United States’ second largest employer trim 14,000 jobs, even as it steps…

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TVS Apache RTX 300 is the first adventure tourer from the brand. (HT Auto)
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Revenue, net profit grow by a third even before GST windfall| Business News

TVS Motor Co. Ltd. grew its business by nearly a third in July-September 2025, even before the windfall that came along with GST reforms for…

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The SJ-100 is a twin-cylinder, narrow-body aircraft for short-haul flights. (company handout)
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HAL to make Russia’s SJ-100 aircraft in India in boost for regional aviation| Business News

Hindustan Aeronautics Ltd. plans to manufacture Russia’s SJ-100 aircraft in India to boost short-haul flights in the world’s fastest growing civil aviation market of its…

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