Category: Business
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…
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…
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…
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…
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…
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”…
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…
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…
Jensen Huang net worth tops $180 billion as Nvidia becomes $5-trillion company| Business News
The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s…
Lakshmi Mittal’s JV HPCL-Mittal Energy stops buying Russian crude amid US sanctions| Business News
HPCL-Mittal Energy Ltd., a joint venture of Lakshmi Mittal’s Mittal Energy and Hindustan Petroleum Corp. Ltd., has stopped buying Russian crude oil. The ships used…