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Business

Oklo Nuclear Startup to Power Switch Data Centers with Clean Energy

Oklo Inc, backed by Sam Altman, signs a non-binding agreement to provide power to Switch's data centers using nuclear reactors. The Aurora powerhouse reactors aim to meet growing A...

Business

India's Direct Tax Collection Surges by 16.45% to Rs 15.82 Lakh Crore by Mid-December

India's net direct tax collection rose 16.45% to Rs 15.82 lakh crore by December 17, driven by stronger advance tax receipts. The total collection includes Rs 7.42 lakh crore in co...

Business

Revolutionizing Hearing Loss: A Breakthrough in Gene Therapy for Auditory Neuropathy

Advancements in gene therapy offer new hope for children with inherited hearing loss, particularly those with auditory neuropathy. Treatments targeting OTOF mutations are promising...

Business

Unilever's Historic Sale: Unox and Zwan Brands Acquired by Zwanenberg

Unilever plans to sell its food brands Unox and Zwan to Zwanenberg Food Group, as part of a strategy to focus on fewer, bigger brands in categories like cooking aids and condiments...

Business

Foxconn Eyes Nissan Acquisition for Electric Vehicle Expansion

Foxconn is reportedly considering acquiring Nissan to expand its electric-vehicle business, leveraging Nissan's expertise in car manufacturing and design. This move follows rumors ...

Business

Punjab & Sind Bank Secures Rs 3,000 Crore Through Inaugural Infrastructure Bonds

Punjab & Sind Bank raises Rs 3,000 crore through maiden infrastructure bonds to expand lending capabilities, receiving bids of Rs 6,031 crore. The bonds, with a 10-year tenure, wil...

Business

Instagram Poised to Dominate Meta's US Ad Revenue by 2025

Instagram is expected to account for more than half of Meta's US ad revenue by 2025, driven by its enhanced monetization strategies and the growing popularity of short-form videos ...

Business

Oatly Announces Closure of Singapore Plant, Impacting 34 Employees

Swedish beverage company Oatly announces closure of its Singapore plant in Senoko, affecting 34 employees. The decision aims to improve future cost structure and reduce capital exp...