Business News

Business

Amazon Unveils Cutting-Edge AI Models to Revolutionize Content Creation

Amazon has announced a new suite of AI platforms at its AWS conference, aiming to compete with rivals like Adobe and Meta in the AI-driven content creation market. The new 'Nova' m...

Business

Salesforce's Q3 Revenue Surges on Robust Cloud Demand

Salesforce reports a significant increase in third-quarter revenue, surpassing Wall Street estimates, driven by robust spending on its enterprise cloud portfolio. The company's new...

Business

Rohit Jetly Takes on Expanded Role at Fidelity International

Rohit Jetly, formerly the country head for India at Fidelity International, has been given additional responsibilities, now overseeing technology and operations for the company's g...

Business

Hyundai Motor Group Unveils Collaborative Research Initiative with Leading Indian Institutes

Hyundai Motor Group has partnered with IIT Madras, IIT Delhi, and IIT Bombay to establish a Hyundai Centre of Excellence focused on batteries and electrification technologies. The ...

Business

SECI Lifts 3-Year Ban on Reliance Power: A New Dawn for Renewable Projects?

In a significant development, SECI has withdrawn its three-year ban on Anil Ambani-led Reliance Power (R-Power) from bidding for projects. The ban was imposed due to an alleged inv...

Business

FTC Cracks Down on Data Brokers Selling Sensitive Personal Information

The FTC has settled with two data brokers, Mobilewalla and Gravy Analytics, over the sale of sensitive personal information. The companies have agreed to stop using sensitive locat...

Business

Swiggy Aims for Operational Profitability by December 2025

Swiggy, India's leading food delivery and quick commerce platform, aims to achieve operational profitability by December 2025. The company's net losses have narrowed, and revenue f...

Business

Dollar Stabilizes Amid Fed Rate Cut Speculation; Won Recovers After Martial Law Reversal

The U.S. dollar recovers from a three-week low against the yen as traders ponder a Federal Reserve interest-rate cut. South Korea's won stabilizes after a martial law reversal, whi...