Business News

Business

Isak Andic, Mango Founder and Billionaire, Dies at 71 After Tragic Hiking Accident

Isak Andic, founder of Mango, dies at 71 after a hiking accident in the mountains near Barcelona. The billionaire's leadership transformed Mango into a global fashion chain operati...

Business

Pune Property Registrations Decline: Navigating Market Dynamics Amid Strong Demand

Property registrations in Pune dropped 11% in November despite strong demand, with 13,371 units registered and Rs 475 crore generated in revenue. Experts attribute the decline to v...

Business

Techwave Expands in Hyderabad: New Delivery Center and AI Hub Aiming for 6,000 Employees

Techwave opens a new global delivery center and AI engineering hub in Hyderabad, aiming to increase its India headcount to 6,000 by 2027. The facility can accommodate 1,200 people ...

Business

ULA Plans Vulcan Rocket Upgrade to Compete with SpaceX's Starship

United Launch Alliance plans to upgrade its Vulcan rocket to compete with SpaceX's Starship in the low Earth orbit satellite launch market, aiming to match Starship's capabilities ...

Business

Indian Auto Components Industry Booms with 11.3% Growth in H1 FY25

The Indian auto components industry grew by 11.3% in H1 FY25, reaching $39.6 billion. This growth is driven by increased demand for larger vehicles and electric vehicles, and stron...

Business

Thomas Piketty on India's Growth and Inequality: Can Less Inequality Lead to Faster Growth?

Economist Thomas Piketty advocates for a 2% wealth tax on India's ultra-rich to address high inequality, suggesting that less inequality could lead to faster economic growth.

Business

The Rise of Unpredictable AI: Ilya Sutskever's Bold Prediction

Former OpenAI chief scientist Ilya Sutskever predicts that AI's reasoning capabilities will make it less predictable. He discusses the limitations of current models and potential s...

Business

Allianz Abandons Income Insurance Acquisition Amid Public Opposition

Allianz SE has abandoned its proposed $1.58 billion acquisition of Income Insurance Ltd due to public opposition. The deal would have made Allianz the fourth largest insurer in Asi...