Business News

Business

India Proposes Major Tariff Cuts on US Imports Worth $23 Billion to Avert Trade War

India is ready to cut tariffs on over half of US imports worth $23 billion to avoid retaliatory measures, amid ongoing trade negotiations. This move aims to address the significant...

Business

Millennium Samriddhi in Punawale: A New Chapter of Luxury, Ambition, and Community Living

Millennium Samriddhi in Punawale, Pune, offers a new chapter of luxury, ambition, and community living with its limited edition 2 & 3 BHK residences. Launched with PV Sindhu as bra...

Business

Samsung Faces Massive $601 Million Tax Penalty in India Over Telecom Imports Dispute

India demands $601 million from Samsung over alleged tariff evasion on telecom imports, impacting its net profit. Samsung disputes the claims, planning legal action.

Business

Mitsubishi and JFE Forge Ahead with a Groundbreaking AI Data Center in Kawasaki

Mitsubishi Corp. and JFE Holdings Inc. are collaborating on a cutting-edge data center in Kawasaki, Japan, with an investment of up to ¥150 billion. The facility, featuring high-pe...

Business

Meta Introduces Up to €13 Monthly Fee for Ad-Free Facebook and Instagram in Europe

Meta Platforms Inc. plans to offer European users a choice between free, ad-supported versions of Facebook and Instagram or a paid, ad-free experience, with fees up to €13 on mobil...

Business

Shell Announces Major Shift: Boosting Shareholder Payouts and Slashing Expenditures

Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...

Business

Meta Eyes European Market with Up to €13 Monthly Fee for Ad-Free Facebook and Instagram Experience

Meta Platforms Inc. plans to introduce a monthly subscription fee for ad-free Facebook and Instagram in Europe, with prices up to €13 on mobile devices, following EU privacy regula...

Business

Shell Announces Major Financial Strategy Shift: Boosting Shareholder Returns and Cutting Costs

Shell plc announces a strategic shift to increase shareholder distributions to 40-50% of cash flow from operations, maintain progressive dividends, and cut spending to $20-22 billi...