Business News

Business

Spotify Faces Widespread Outage: Thousands Report App and Playback Issues

Spotify experienced a major outage, with over 48,000 users reporting issues with app loading and playback. The company is investigating the widespread problems affecting mobile and...

Business

Wipro's Stellar Q4 Performance: A 25.9% Profit Surge Shadows Cautious Q1FY26 Outlook

Wipro announces a 25.9% surge in Q4 net profit but adopts a cautious stance for Q1FY26 due to global uncertainties. The company focuses on strategic growth and operational efficien...

Business

How India Emerges as the Surprise Victor in Trump's Trade War Against China

The US-China trade war is reshaping global supply chains, with India emerging as a key beneficiary. Apple's shift to Indian manufacturing highlights the country's growing appeal as...

Business

BluSmart's Strategic Shift Leaves Passengers Stranded: A Deep Dive into the Ride-Hailing Crisis

BluSmart, an EV ride-hailing company, is suspending services in key Indian cities, stranding passengers. The move is part of a strategic shift to Uber's platform amid financial and...

Business

TSMC Announces 30% Price Surge at US Foundries Amid Rising Operational Costs

TSMC is raising prices at its US foundries by 30% due to higher operational costs, affecting major tech companies like Apple and Nvidia amid tariff uncertainties.

Business

Abbott Laboratories Surges with an 8.2% Profit Increase to $1.3B in Q1 2025

Abbott Laboratories reports a strong Q1 2025 with $10.4 billion revenue, an 8.2% profit increase to $1.3 billion, and positive EPS growth. CEO Robert Ford highlights the company's ...

Business

Spotify Faces Major Outage: Thousands of Users Report App and Playback Issues

Spotify experienced a significant outage, with over 48,000 users reporting issues with app access and playback on mobile and desktop devices. The company is investigating the disru...

Business

Gensol Engineering Faces 5% Share Drop After Sebi's Market Ban Over Governance Issues

Gensol Engineering shares fell 5% after Sebi barred the company from the securities market due to governance issues and fund diversion allegations. Promoters are accused of misusin...