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Business

Toyota CEO Visits Delayed EV Battery Plant Site in Japan Amid Global Demand Slump

Toyota Motor's CEO visits the delayed battery plant site in Fukuoka, Japan, signaling challenges in EV production due to falling demand and rising costs. The project, pivotal for T...

Business

EPFO Revolutionizes PF Withdrawals: UPI and ATM Access Coming by May-End

The EPFO is introducing UPI and ATM options for PF withdrawals by May-end, aiming to reduce processing times and expand withdrawal purposes, including housing and education, as par...

Business

Income Tax Dept Demands Rs 559 Crore from Indian Overseas Bank: A Deep Dive into the Financial Standoff

The income tax department has demanded Rs 559 crore from Indian Overseas Bank (IOB) under Section 156 of the Income Tax Act, 1961. IOB plans to appeal, citing strong legal grounds ...

Business

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...

Business

Merck & Co. Inc. Secures Exclusive Rights to Hengrui Pharma's Promising Cardiovascular Drug for Up to $1.8 Billion

Merck & Co. Inc. has signed an exclusive agreement with Hengrui Pharma for HRS-5346, a phase 2 cardiovascular drug, involving up to $1.8 billion in payments. The drug targets lipop...

Business

Waymo Expands Its Autonomous Fleet: Robotaxis Set to Revolutionize Washington DC by 2026

Waymo LLC announces the launch of its robotaxi service in Washington, DC, by 2026, expanding its autonomous driving solutions across the US. The company is collaborating with polic...

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...