Category: Business
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…
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…
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…
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…
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…
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…
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…
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…
Noel Tata-led trustees block Mehli Mistry reappointment as Tata Trusts rift widens| Business News
Tata Trusts Chairman Noel Tata, along with Vice Chairmen Venu Srinivasan and Vijay Singh, blocked the reappointment of Mehli Mistry as a permament trustee, Livemint…
MCX suffers second technical glitch in four months, trading halted again| Business News
The Multi Commodity Exchange (MCX) has suffered its second technical glitch that has halted trading on the platform—again. The last time this happened was on…