Business

Reliance Industries has withdrawn its trademark application for “Operation Sindoor,” citing it was mistakenly filed by an unauthorised junior staffer. The company affirmed it has no intention to claim rights over the term, lauding the Indian Armed Forces’ operation as a symbol of national pride and India’s fight against terrorism. Reliance Industries on Thursday issued a clarification…

Trading at Pakistan Stock Exchange was halted as the KSE-100 index crashed over 6,000 points after India’s precision strikes under ‘Operation Sindoor’. Investor panic deepened amid rising Indo-Pak tensions and looming IMF scrutiny. With economic instability and fragile sentiment, PSX has become the frontline victim of the geopolitical flare-up. Trading at the Pakistan Stock Exchange (PSX) was…

The U.S. Patent and Trademark Office has refused Tesla’s attempt to trademark the term “Robotaxi” in reference to its vehicles, TechCrunch reported on Wednesday, citing a filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office, the report said. The USPTO issued on Tuesday a…

The move marks Swiggy’s formal exit from its private label business, days after it announced the expansion of its quick food delivery service Snacc to more than 500 cities. Online food and grocery aggregator Swiggy entered into an agreement with food service platform Kouzina for the exclusive license of its digital-first food brands: The Bowl Company (TBC),…

Google views the project as a way to get the creative community to adopt its newer tech products and services such as its artificial intelligence products and tools like the Immersive View feature that allows users to see things in 3D, according to the report. Alphabet’s Google has launched a new film and TV production initiative called…

Though Maruti Suzuki maintains its ‘Numero Uno’ position, its market share has shrunk. Its retail sales declined to 1.38 lakh in April 2025 from 1.39 lakh in the same month last year. Mahindra & Mahindra has emerged as the second largest player in the Indian car market, relegating Hyundai Motor, which had held onto the spot for…

The RBI lowered policy interest rates by 25 basis points each in February and April. The next bi-monthly meeting of the central bank’s rate setting panel Monetary Policy Committee is scheduled in June. New Delhi: India’s headline retail inflation is likely to fall below 3% in the April-June quarter that will prompt the Reserve Bank of India…

Elon Musk plans to proceed with his highly-watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm. Under OpenAI’s newly proposed plan, its non-profit parent would continue to control the for-profit business and become a major shareholder. Source :…

Berkshire Hathaway (BRKa.N), shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett’s vision and star power. Following Buffett’s surprise announcement on Saturday that he would step down as chief executive by the end of the…

Nandan Nilekani’s report, “The Great Unlock: India in 2035,” emphasises the potential of unlocking $3.3 trillion through land asset tokenisation as India aims for an $8 trillion economy. With 50% of household assets in real estate but a low capitalisation rate of 5%, significant value remains untapped. If we told you that Indians are sitting on $3.3…

A penalty of Rs 31.80 lakh was imposed on Bank of Maharashtra for non-compliance with certain directions on KYC. The Reserve Bank on Friday said it has imposed penalties on five lenders, including ICICI Bank, Bank of Baroda, and Axis Bank, over deficiencies in certain regulatory compliances. Penalty of Rs 97.80 lakh has been imposed on ICICI…

Publisher ad servers are platforms used by websites to store and manage their digital ad inventory. Along with ad exchanges, the technology lets news publishers and other online content providers make money by selling ads. Alphabet’s Google will face a trial in September on antitrust enforcers’ proposals to make it sell off part of its advertising technology…

The latest Musk drama underscores the unique dilemma Tesla’s board faces in managing him as he oversees five other companies and, more recently, has focused primarily on advising Republican US President Donald Trump – alienating Tesla’s politically liberal customer base. Tesla’s board on Thursday rushed to defend its chief executive, Elon Musk, assuring he had the board’s…

Amazon said on Tuesday its low-cost Haul unit had considered listing import charges for goods in light of new U.S. tariffs but denied looking at such a plan for its main website, after the White House accused it of a hostile political act. The Seattle retailer spent a chaotic morning denying a report from Punchbowl News that…

President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said. “President Trump is building an important partnership with both the domestic automakers and…

Anant Ambani, the youngest son of Mukesh Ambani, steps into an executive role at Reliance Industries as the board approves his five-year appointment starting May 2025. Reliance Industries Ltd (RIL) on Friday appointed Anant M. Ambani, youngest son of Chairman Mukesh Ambani, as a whole-time director for a five-year term beginning 1 May 2025, according to a…

Global aid funding cuts, led by the United States, are disrupting efforts to vaccinate children against deadly diseases almost as much as the COVID-19 pandemic did, the United Nations said on Thursday. Outbreaks of infectious diseases, including measles, meningitis and yellow fever, have been increasing globally. Emergency and routine vaccinations meanwhile were significantly affected in nearly half…

Amazon.com has paused some data center lease talks for its cloud division, particularly in overseas markets, suggesting a short-term slowdown in leasing for large-scale facilities, Wells Fargo analysts said on Monday. The move by the largest U.S. cloud company is the latest sign that rising economic uncertainty could be forcing companies to rethink how they spend the…

Virat Kohli has chosen to end his lucrative eight-year partnership with Puma, opting for a new direction in his career. Instead of accepting a Rs 300-crore deal, he plans to invest in Agilitas Sports, a budding Indian sportswear startup. This move reflects Kohli’s ambition to create and develop his brand, One8, independently. India’s batting stalwart Virat Kohli…

Nitesh Kumar Das, Organising Secretary of Gig Workers Association (GigWA), said that the association will protest if the demands are not met. BluSmart’s sudden suspension of services has left over 10,000 driver partners without income, sparking widespread confusion and outrage. The unexpected shutdown has affected not only daily commuters but also sparked outrage among the platform’s drivers,…

  Tesla’s long-awaited plans for an affordable car include a U.S-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been delayed, three sources with knowledge of the matter told Reuters. Tesla (TSLA.O), opens new tab has promised affordable vehicles beginning in the first half of the year, providing a potential boost to…

The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come out under Section 115 BAC. Selecting ‘Yes’ transfers them to the old tax regime, whereas a ‘No’ assures they’re remaining in the new one. The income tax filing season has arrived, and for salaried employees,…

Alphabet’s Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday (Apr 17), dealing another blow to the tech giant and paving the way for US antitrust prosecutors to seek a breakup of its ad products. US District Judge Leonie Brinkema in Alexandria, Virginia, found Google liable for “willfully acquiring and maintaining monopoly…

Nvidia on Tuesday (Apr 17) said it would take US$5.5 billion in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips. Nvidia’s AI chips have been a key focus of US export controls as US officials have moved to keep the…

The California attorney general’s office declined to join a lawsuit by Elon Musk against OpenAI, the agency wrote in a letter made public on Tuesday, saying the office did not see how Musk’s action serves the public interest of the state. Musk, a co-founder of the ChatGPT maker, is now in a feud with his co-founder Sam…

Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter. The FCA’s approval marks a significant step forward in the China-founded company’s pursuit of a London listing after it confidentially filed papers with the British regulator last…

The brand’s famous blend of eleven herbs and spices served as the inspiration for this unusual product, which promised an “irresistible” sensation. In collaboration with the Australian dental care company Hismile, KFC has introduced toothpaste with a fried chicken flavour, expanding the use of its characteristic flavour beyond the dinner table. The unique product, which was only…

Spitznagel still believes we haven’t entered the main event and the recent stock-market plunge is just a ‘trap’ One of Wall Street’s most notoriously pessimistic — and successful — investors, Mark Spitznagel, said the stock-market plunge that’s followed President Donald Trump’s tariff rollout isn’t the epic market crash he has been calling for, but rather the turmoil…

The stock market rallied during the trading session on Tuesday, April 8, rebounding after it logged its steepest single-day drop in 10 months as a US tariff-fuelled selloff triggered anxiety among investors. At 12:45 pm, the benchmark BSE Sensex was up by 1,542.37 points or 2.11 per cent, reaching 74,680.27. The broader NSE Nifty was 478.85 points…

The UK carmaker exported around 38,000 cars to the country in the third quarter of 2024. JLR to halt shipments to the USJaguar Land Rover (JLR) has said it will “pause” shipments to the US as the British car firm works to “address the new trading terms” of Donald Trump’s tariffs. The US president has introduced a…

Redmond: Thousands of people swooned in a dark conference hall that felt more like a rock concert when a Microsoft product manager demonstrated the company’s latest feature: how to sum numbers in Excel, with the click of a button. “It was literally like Mick Jagger walked out,” said Yusuf Mehdi, Microsoft’s consumer chief marketing officer, who started…

Trump’s reciprocal tariffs are going to tell on 87 per cent of India’s $81 billion exports to the US, its biggest market globally, according to Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group. Yet, India could gain from its competitors in the market having to grapple with heavier tariff. As such, sectors such pharmaceuticals (in…

On the issue of addressing trade imbalances, the White House said that Trump is working to level the playing field for American businesses and workers by confronting the unfair tariff disparities and non-tariff barriers imposed by other countries. New York/Washington: India imposes its “own uniquely burdensome” testing and certification requirements in sectors such as chemicals, telecom products,…

Indian banks are expected to register loan growth of 12-14 per cent in the financial year 2025-26 (FY26), driven by an increase in deposit inflows, according to a report by Ambit Capital Research. Details Revealed The report highlighted that the banking sector has started seeing some relief in loan-to-deposit ratios (LDRs) after facing challenges related to liquidity…

Russia has expanded its gold reserves to an all-time high of $217.4 billion as of March 1, 2025, surpassing China and ranking fifth globally in gold holdings. According to the RBC news website, gold now constitutes 34.4 per cent of Russia’s total foreign exchange reserves, highlighting its strategic shift towards financial security amid global economic uncertainties. The…

The Indian government has announced that, effective April 1, it will abolish the 20 per cent export duty on onions, a move designed to bolster farmers facing plummeting prices due to an abundant rabi harvest. This decision, revealed on Saturday, responds to mounting concerns from agricultural stakeholders and aims to stabilise the domestic onion market. The export…

Mukesh Ambani, Chairman of Reliance Industries Limited (RIL), has added Rs 39,311.54 crore to his wealth in just five days, as his company’s market capitalisation soared to Rs 17,27,339.74 crore. The surge cements RIL’s position as India’s most valuable firm, ahead of HDFC Bank, Tata Consultancy Services (TCS), and Bharti Airtel. The overall bullish market trend has…

U.S. President Donald Trump awarded Boeing (BA.N), opens new tab on Friday the contract to build the U.S. Air Force’s most sophisticated fighter jet yet, handing the company a much-needed win and boosting its shares. The Next Generation Air Dominance program will replace Lockheed Martin’s F-22 Raptor with a crewed aircraft built to enter combat alongside drones.…

As Tesla plans its expansion into India, these Tata companies are positioning themselves to play a larger role in the automaker’s supply chain Several Tata Group companies, including Tata AutoComp, Tata Consultancy Services (TCS), Tata Technologies, and Tata Electronics, have emerged as key suppliers to Tesla, which accounts for nearly half of the global automotive market value.…

In 2025, global equity markets faced turmoil, but Warren Buffett’s wealth soared to $21 billion, driven by a 16% rise in Berkshire Hathaway’s stock. Global uncertainty, fuelled by geopolitical challenges, recession fears, and Donald Trump’s tariff threats, has shaken the global equity market in 2025. Many prominent investors worldwide have experienced a sharp decline in their wealth…

Mahindra took to X to share his thoughts on the incoming leader, who could potentially reset India-Canada ties, that have been strained in the recent past. Anand Mahindra On Mark Carney An Anglophone leader, Carney was a former central bank governor, twice. In this capacity, he has met many big names, who have come to congratulate him…

The Bureau of Indian Standards (BIS), which operates under the Ministry of Consumer affairs, has been conducting raids and subjecting consumer products to rigorous testing to ensure compliance with mandatory safety and quality standards. New Delhi: The government has intensified its enforcement against unsafe and non-certified products sold on e-commerce platforms, including Amazon and Flipkart, and seized…

Special drawing rights (SDRs) rise by $212 million to $18.21 billion during the week ended March 7 but RBI’s gold reserves decrease by $1.053 billion to $74.325 billion. In the sharpest jump in over two years, the country’s foreign exchange reserves increased by $15.267 billion to $653.966 billion during the week ended March 7, the RBI has…

A jury in California on Friday ordered Starbucks to pay $50 million in damages to a delivery driver who was severely burned by an improperly secured lid on hot beverages. Michael Garcia was picking up drinks at a drive-through in Los Angeles when he “suffered severe burns, disfigurement, and debilitating nerve damage to his genitals when hot…

The Indian government has requested Elon Musk’s Starlink to establish a control centre within the country to enable suspension of communications in sensitive areas when required. Additionally, Starlink must ensure call interception capabilities for law enforcement, in line with security protocols. These measures come as Starlink’s satellite communications licence nears approval, with agreements in place with Reliance…

Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talk of a sale of the business to rival Italian fashion house Prada (1913.F), opens new tab. Donatella, who was the chief creative officer at Versace, has been its driving force since her brother…

U.S. importers, distributors and retailers selling French champagne and Italian wines told Reuters that U.S. President Donald Trump’s threatened 200% tariff on European alcoholic drinks would hit them hard. Trump said the tariffs would be “great for the Wine and Champagne businesses in the U.S.” However, wine importers and distributors, retailers and bar owners that Reuters spoke…

Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai’s lidar sensors, a person with direct knowledge said, the first time a foreign automaker has sought to use such Chinese-made technology for models sold outside China. It coincides with an increase in trade tensions as the U.S. intensifies efforts to restrict the adoption of Chinese…

President Donald Trump dialed back his latest trade-war threat against Canada hours after making it, while downplaying the risk of a tariff-led recession that’s sent US markets into a nosedive. Trump’s roller-coaster day saw him threaten to double duties on Canadian steel and aluminum to 50% after Ontario announced plans to place a surcharge on electricity sent…

Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight. Now, the R-word is seemingly everywhere. Recession fears are rocking the stock market. GDP forecasts are getting slashed. President Donald Trump and his economic team are…

The European Union’s (EU) aggressive environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. It said that these regulations could impose additional costs on Indian exports. Under the Carbon…

Over 1.2 crore central government employees may have a lot to cheer about this Holi as the Centre may announce a raise in Dearness Allowance (DA) and Dearness Relief (DR) ahead of the festival. Usually, the government goes for a DA hike twice a year – January and July, however, the announcement is mostly made around Holi…

Legendary investor Jeremy Grantham who has accurately predicted past financial crises and market tops said the U.S. stock market is now in “super bubble” territory. “I’ve always looked at it from the point of view that the longer and the bigger and the higher it goes, the more exciting and dangerous it will be, and this has…

No matter what metric you’re looking at, US inflation is moving in the wrong direction again. Whether it’s a house or a carton of eggs, price growth is once again intensifying across a broad range of indicators. Much of that has to do with the same supply and demand factors and labor-market pressures that led to the…

Elon Musk on Thursday made a plea for “top notch” air traffic controllers to come out of retirement to help ease a shortage of skilled aviation workers as public concern over flight safety mounts. Musk, the face of the government’s cost-cutting task force, has taken a special interest in revamping the Federal Aviation Agency, calling for “rapid…

A Canadian regulator said on Wednesday it will impose a fee on Google to recover the cost of enforcing a law that requires large internet platforms to pay for news content on their websites. The imposition of the levy on the Mountain View, California-based search engine giant comes at a time of increased tension between Canada and…

The stock market volatility continued last week with the top 10 most-valued firms witnessing a major erosion in their market cap. India’s tech giant TCS took the biggest hit as bearish trends continued with the BSE benchmark losing 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points or 0.58 per cent in the…

PM Kisan Samman Nidhi Yojana: PM Modi is all set to release the 19th instalment for PM Kisan today. Know how to check beneficiary status 2025 , eKYC process, and eligibility. PM KISAN 19th Instalment 2025 Today: Prime Minister Narendra Modi is all set to release the 19th instalment of PM KISAN (PM Kisan Samman Nidhi) today,…

India’s EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing, a government document shows. India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers…

Nifty Rejig: The National Stock Exchange (NSE) has said Jio Financial Services Ltd and Zomato Ltd will enter its benchmark index Nifty 50, effective March 28. As per the revisions, Britannia Industries Ltd and Bharat Petroleum Corporation Ltd (BPCL) and will be excluded from the index. The Index Maintenance Sub-Committee of NSE Indices Ltd has announced changes…

Elon Musk, while trying to slash the US government’s federal spending, has also been exploring his businesses. Musk-led xAI released the latest version of his Grok chatbot, Grok 3, on February 18. Grok Vs The Rest Ever since then Musk and his allies have been talking up the platform, for being highly advanced. In fact, Musk’s X…

Netflix has committed to invest $1 billion in Mexico for the production of series and films over the next four years, meaning from 2025 through 2028, co-CEO Ted Sarandos said during a press conference with Mexico’s President Claudia Sheinbaum on Thursday. “This investment, and the productions derived therefrom, will benefit Mexican production companies and will contribute to…

The U.S. Securities and Exchange Commission has asked Indian authorities for help in its investigation of Adani Group founder Gautam Adani and his nephew over alleged securities fraud and a $265-million bribery scheme, a court filing showed on Tuesday. The regulator told a New York district court it was making efforts to serve its complaint on the…

Nike (NKE.N) will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear label Skims, as CEO Elliott Hill works to broaden its offerings to better compete with upstart brands. The tie-up is expected to give Nike a leg up in women-centric athleisure brands as it stakes its turnaround on…

Elon Musk-led Tesla is reportedly hiring in India. The electric vehicle maker sought candidates for 13 roles. This comes after Musk met with Prime Minister Narendra Modi during his recently concluded US trip. A Bloomberg report further claimed that Tesla plans to enter the Indian market. According to Tesla’s advertisements on its LinkedIn page, these candidates are…

The Finance Minister (FM) in the Union Budget 2024 has announced that both the LTCG and STCG liability of equity mutual fund investors is subject to an increase of 12.5% and 20%, respectively, effective 23 July 2024. Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker…

Domestic steel industry needs to be on guard as countries exporting to the US may divert shipments to India after the imposition of tariffs, an industry official said on Saturday. With the tariffs announced by the US on steel and aluminium imports, countries sending shipments to America might dump products in India because of huge domestic demand,…

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction. Getting to the finer…

JioStar, a joint venture between Viacom18 and Star India, has launched JioHotstar, merging JioCinema and Disney+ Hotstar into a unified streaming platform. With over 500 million subscribers, JioHotstar aims to enhance India’s entertainment and sports streaming experience. The platform offers 300,000 hours of content across 19 languages, including Bollywood films, international franchises, and live sports. By combining…

The proposed income tax bill will be tabled in the Parliament today. At present, there are various deadlines for submitting ITR depending on the category of income taxpayers. Numerous taxpayers are seeking a permanent extension of the ITR filing deadline to have additional time for filing their ITR. #Breaking | New Income Tax bill to be tabled…

Markets regulator Sebi has banned six entities, including Asmita Patel Global School and fin-influencer Asmita Patel, from the capital markets for alleged unregistered investment advisory services and directed to disgorge over Rs 53 crore collected as fees course participants for various courses. Sebi through an interim order cum show cause notice passed on Thursday prohibited six entities,…

Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company’s 2023 fundraising value amid growing headwinds. The company’s business prospects have come under a cloud in recent days after the Trump administration said…

Shark Tank India season 4 is known to bring forth creative solutions from budding entrepreneurs from all across the country. In its latest episode, Rahul Tyagi and Samiksha Yadav pitched an innovative undergarment liquid determent specially tailored for hand laundry on the coveted show. The pair aimed to secure an investment of Rs 50 lakh for 2.5% equity…

On Friday, February 7, the Reserve Bank of India decided to use its scissors, now rusty, to cut the repo rate or the country’s interest rate, by 25 basis points, bringing it down to 6.25 per cent, compared to its previous 6.50 per cent. The interest rates had remained the same for nearly 2 years. This rate…

On February 5th, Delhi residents will cast their votes for the Delhi Assembly election 2025. Since voting days hold utmost importance in a democratic country, multiple establishments declare the day as a holiday so that people can go and cast their votes and take part in this important political activity. Here is a comprehensive guide on which…

Income Tax: The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by simplifying tax filing and reducing tax burden Filing income tax in India has been quite complicated and difficult, especially under the old tax regime. However, the current government has implemented several reforms to simplify the process.…

Reliance Retail has launched an app in India to sell fashionwear from China’s Shein under a licensing deal, almost five years since Shein’s app was banned in the country after getting caught up in a diplomatic tussle. Reliance, owned by billionaire Mukesh Ambani, launched the app on Saturday morning, said a person with direct knowledge of Reliance’s…

Finance Minister Nirmala Sitharaman’s Union Budget 2025-26 has been met with optimism from the real estate sector, with industry leaders praising its focus on infrastructure, tax relief, and liquidity measures while urging more emphasis on affordable housing. A major highlight of the budget is the increase in the income tax exemption limit to ₹12 lakh, boosting disposable…

India will see a massive transformation in railways with 200 new Vande Bharat trains, 100 Amrit Bharat trains, 50 Namo Bharat rapid rail and 17,500 general non-AC coaches expected to be launched in the next two to three years, the ministry said, as it called the union budget “amazing” with an allocation of Rs 2.52 lakh crore…

Karnataka Chief Minister Siddaramaiah has asked Union Finance Minister Nirmala Sitharaman to increase the annual upper limit for professional tax from Rs 2,500 to Rs 6,000 in the upcoming federal budget. This is among 22 demands that Siddaramaiah placed before Sitharaman during a recent pre-budget meeting of all finance ministers ahead of the 2025-26 budget. Siddaramaiah pointed…

An AI-powered chatbot by the Chinese company DeepSeek has quickly become the most downloaded free app on Apple’s store, following its January release in the US. The app’s sudden popularity, as well as DeepSeek’s reportedly low costs compared to those of US-based AI companies, have thrown financial markets into a spin. Silicon Valley venture capitalist Marc Andreessen…

Oracle and a group of investors that includes Microsoft are in talks to take over TikTok’s global operations, reports NPR. The deal, which the White House is reportedly negotiating, would see ByteDance keeping a minority stake in TikTok while “the app’s algorithm, data collection and software updates will be overseen by Oracle.” Oracle’s server network already provides…

Tim Cook and Sundar Pichai, the CEOs of Apple and Google, respectively, received attractive compensation packages of about USD 75 million, but this year, Brian Niccol, the new CEO of Starbucks received compensation close to USD 100 million this year. One of the highest salaries in corporate America, Brian Niccol of Starbucks earned an hefty sum of…

Mukesh Ambani’s Reliance Group is buying Nvidia’s powerful AI semiconductors and setting up a data centre in the town of Jamnagar in Gujarat, Reuters reported citing Bloomberg News. Source : https://www.deccanherald.com/business/companies/mukesh-ambani-plans-worlds-biggest-data-centre-in-india-3370496

Nirmala Sitharaman will unveil the final preparations for the 2025 budget with a halwa ceremony today. This time, many hope, the budget, which will be presented just ahead of the crucial Delhi polls, will be as sweet as the halwa. The preparations for Budget 2025 is underway in full swing, with just a week left for Finance…

China’s top electric vehicle maker BYD (002594.SZ), aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm’s ambition to dominate in the market where Japanese automakers are popular. The long-term plan for the plant is for the export market, said Eagle…

The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals”, in consumer products, with exemptions for essential industrial uses, the EU’s environment chief told Reuters. PFAS, or Perfluoroalkyl and Polyfluoroalkyl Substances, do not break down in the environment, raising concerns about the consequences of them building up in ecosystems, drinking water…

Numbers starting with 1600 will be used for transaction-related communications from banking services, while numbers beginning with 140 will be used for promotional calls and SMS Fraud and spam calls are a common nuisance these days. Mobile users are often frustrated by the constant barrage of spam calls. Cases of scams and financial fraud through these calls…