Category: Business

Perplexity AI CEO Aravind Srinivas. (Reuters)
Posted in Business

How Perplexity AI CEO Aravind Srinivas secured funding using his own product| Business News

Aravind Srinivas has never made a “traditional” pitch deck to raise funding for Perplexity AI. Why bother, when he has his own product to do…

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HUL expects H2 FY26 to be better than H1 FY26. (Reuters)
Posted in Business

Revenue grows in single digits as GST rate cuts disrupt supply chains| Business News

Hindustan Unilever Ltd. has reported financials for the fiscal second quarter that show the initial impact of GST 2.0 on its supply chains. HUL expects…

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Gold is behaving like an elastic band that’s been pulled too far and is now snapping back hard. (Unsplash)
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Gold prices in India: MCX gold, silver rates cool for third straight day – Check city-wise rates

Gold prices in India have corrected for the third straight day, amid concerns that the bullion market was overheating after a blistering rally to record…

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Tesla CEO Elon Musk. (AFP)
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Elon Musk hijacks Tesla earnings call to pitch for $1 trillion pay package| Business News

Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to ratify his upcoming $1 trillion pay package…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
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Gift Nifty cues for Nifty 50, India-US trade deal in focus| Business News

The Nifty 50 is set to open higher today, as optimism over an India-US trade deal brings back foreign investors to the world’s third largest…

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Meta CEO Mark Zuckerberg. (AFP)
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Meta Platforms plans layoffs to cut 600 AI jobs in Superintelligence Labs unit| Business News

Meta Platforms Inc. has decided to cut 600 AI jobs at Meta Superintelligence Labs, as the Mark Zuckerberg-owned company looks to make its AI unit…

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A transformer in Uttar Pradesh. The demand for electricity in India's most populous state has more than doubled in the past decade to a peak of more than 30,000 MW. (Parveen Kumar/HT)
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Why a raging power crisis in Uttar Pradesh is Yogi Adityanath’s sternest test yet| Business News

The Uttar Pradesh power crisis has reached an inflection point. The state is faced with acute power shortage — from the ghats of Varanasi to…

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The JBL Tour ONE M3 with the Smart Tx exhibiting its functional versatility (Vishal Mathur / HT Photo)
Posted in Business

Long-haul headphones don’t get much better than this| Business News

There is something about flagship headphones that JBL wants to do differently. The basics of the course don’t change, including a sound signature that is…

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The Infosys promoters collectively held 13.05% of the company's equity as on the buyback announcement date. (Reuters)
Posted in Business

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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