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Business

Porsche-Piech Family Pushes for VW Plant Closures to Cut Costs

The Porsche-Piech family, majority shareholder of Volkswagen Group, is pushing for the closure of several plants in Germany to cut costs and increase competitiveness. However, boar...

Business

Sam Altman's Oklo Secures Historic 20-Year Deal for AI-Powered Small Nuclear Reactors

Oklo, led by Sam Altman, signs a 20-year deal with Switch Inc. to build nuclear reactors supplying up to 12 gigawatts of power by 2044, highlighting Big Tech's reliance on nuclear ...

Business

One MobiKwik Systems Ltd Sees Massive 90% Surge on Market Debut

One MobiKwik Systems Ltd, a fintech company, made a strong market debut with a 90% surge above its issue price. The IPO was subscribed 119.38 times, reflecting strong investor inte...

Business

Apple's Congo Mineral Ban: Legal Battle and Supply Chain Transparency

International lawyers challenge Apple over alleged use of conflict minerals from Congo, despite Apple's decision to halt sourcing from the region. Legal cases proceed in Europe.

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...