Category: Business

The Infosys promoters collectively held 13.05% of the company's equity as on the buyback announcement date. (Reuters)
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Infosys promoters, including Nandan Nilekani, Sudha Murty opt out of ₹18,000-crore share buyback| Business News

Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company’s ₹18,000 crore share buyback, according…

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In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP)
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Amazon plans to replace more than half-a-million US jobs with robots| Business News

Amazon.com Inc. plans to replace more than half-a-million jobs in the United States with robots, the New York Times reported citing internal strategy documents and…

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Google loses $100 billion in market value after ChatGPT announces new browser
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Google loses $100 billion in market value after ChatGPT announces new browser

Google’s share declined by nearly 5 per cent as OpenAI unveiled its first artificial intelligence-powered web browser, ChatGPT Atlas, on Tuesday. This puts the ChatGPT…

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Key to ChatGPT Atlas would be memory, with OpenAI suggesting ChatGPT will remember key details from your web browsing. (Official image)
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Decoding OpenAI’s ChatGPT Atlas as AI browser risks emerge| Business News

This was rumoured since much before Perplexity rolled out the Comet, Opera released a subscription based Neon browser and Google as well as Microsoft talked…

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Microsoft CEO Satya Nadella. (File Photo)
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Microsoft CEO Satya Nadella gets nearly $100 million salary for ‘exception year’| Business News

Satya Nadella’s salary has jumped to the highest since he became Microsoft Corp.’s chief executive officer more than a decade ago, thanks to the progress…

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File photo of the headquarters of HDFC bank in Mumbai (REUTERS)
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Are banks open today? Why is stock market closed?| Business News

Banks in some cities, including Gujarat’s Ahmedabad, Karnataka’s Bengaluru, and Maharashtra’s Mumbai will remain closed today, Wednesday, October 22, on account of festivals linked to…

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US President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday. (PTI file)
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India, US move closer to trade deal reducing tariffs on imports to 15-16%: Report

India and the US are nearing a long-stalled trade deal that would reduce American tariffs on Indian imports to 15 per cent to 16 per…

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Tata Trusts holds a 66% stake in Tata Sons Pvt. Ltd.—the holding company of the salt-to-software conglomerate that includes 30 listed companies and 400 entities. (Reuters)
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Tata Trusts reappoints Venu Srinivasan ‘for life’, focus shifts to Mehli Mistry| Business News

Tata Trusts has unanimously reappointed Venu Srinavasan as a “trustee for life”. The focus now shifts to the reappointment of Mehli Mistry, amid reports of…

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Only a third of the top 750 stocks in India are trading on a positive note. (Representational Image/Pexels)
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The lesser-known stock picks to begin Samvat 2025 with| Business News

While the NSE Nifty 50 closed at a one-year high on Monday, it’s still 2-3% removed from its all-time high of 26,277 points on 26…

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Din Tai Fung’s 16 restaurants in the U.S. generated an average of $27 million in annual sales last year.
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America’s Most Successful Restaurant Chain Feeds a Dumpling Frenzy| Business News

Every Saturday, Taiwanese restaurant chain Din Tai Fung plates as many as 20,000 of its delicate, steamy dumplings. And that’s just in Times Square. Din…

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