Category: Business

Larsen & Toubro Chairman S.N. Subrahmanyan. (X)
Posted in Business

Net profit rises 16% on nearly 50% surge in order wins| Business News

Larsen & Toubro Ltd. saw its business grow meaningfully in July-September 2025 due to a 45% surge in order wins. Larsen & Toubro Chairman S.N….

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Prime Minister Narendra Modi (ANI)
Posted in Business

8th pay commission in effect likely from Jan 1, but will it reflect in your salary?| Business News

There’s good news for nearly 50 lakh central government employees and 69 lakh pensioners, the Centre has formally approved the Terms of Reference (ToR) for…

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Tata Trusts Chairman Noel Tata. (PTI)
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The similarities between Tata vs Mistry then, and now| Business News

In 2011, Ratan Tata handpicked Cyrus Mistry as his successor at group holding company Tata Sons Pvt. Ltd. Five years later, in October, Tata was…

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Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at least to begin with. (X)
Posted in Business

L&T weighs doing a Tata with plans to enter electronics manufacturing in India| Business News

Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm…

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Even after the pullback, the gold rate still up about 50% this year. (Bloomberg)
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Gold prices steady after three-day drop on US Fed rate cut bets| Business News

Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the…

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Adobe CEO Shantanu Narayen shares his vision for the AI era, and (right) first glimpse at an upcoming connector for Express and Photoshop within ChatGPT. (Vishal Mathur/ HT Photo)
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Adobe’s Shantanu Narayen| Business News

Even as tech giants Adobe insists that creativity is entering an era of artificial intelligence (AI), the company makes clear that for any AI initiative…

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In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP)
Posted in Business

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)
Posted in Business

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)
Posted in 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…

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Apple is the third company to achieve a market cap of $4 trillion after Nvidia Corp. and Microsoft Corp. (Bloomberg)
Posted in Business

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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