New Delhi: Samsung India has begun cutting jobs in batches as rising costs, weaker sales and mounting pressure on margins affect its television and home appliance businesses, according to a report by…
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New Delhi: India’s largest pharmaceutical company, Sun Pharmaceutical Industries, has entered into an agreement with the United States government to provide medicines at lower prices to American patients, marking a significant expansion…
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San Francisco: Nvidia has reportedly agreed to acquire open-source artificial intelligence platform Hugging Face for $12.9 billion, in a deal that could significantly strengthen the chipmaker’s presence across the rapidly expanding AI…
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Mumbai: Bank of America (BofA) will invest ₹18,268 crore to acquire up to a 49.9% stake in Jio Credit Limited (JCL), the wholly owned lending subsidiary of Jio Financial Services Limited (JFSL),…
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New York: A US federal judge has permanently dismissed criminal charges against Adani Group chairman Gautam Adani and his nephew Sagar Adani, bringing a major legal chapter involving the Indian conglomerate to…
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San Francisco: Elon Musk-owned social media platform X has officially launched X Money, a new digital payments and financial services offering aimed at transforming the platform into an all-in-one digital ecosystem. The…
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Mumbai: The Securities and Exchange Board of India (SEBI) has barred former Axis Mutual Fund Chief Dealer Viresh Joshi from accessing the securities market for seven years and imposed a monetary penalty…
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New Delhi: India’s largest airline, IndiGo, slipped into a consolidated net loss of ₹238 crore in the first quarter of FY27, despite posting a strong rise in revenue, as soaring fuel prices,…
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Mohali: The Greater Mohali Area Development Authority (GMADA) has launched an e-auction for 36 commercial and mixed land use (MLU) properties across key development zones, including Aerocity, IT City, Sector 62, Sector…
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New York: IBM is staring at one of the biggest single-day losses in its 115-year history after CEO Arvind Krishna acknowledged that the technology giant failed to adapt quickly enough to the…
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