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Business

Tech Mahindra Reports a 1% Revenue Increase in December Quarter Amidst Challenges

Tech Mahindra reports a 1.3% year-on-year revenue growth in the December quarter, with a slight increase in sequential revenue. CEO Mohit Joshi emphasizes strategic wins and operat...

Business

Wipro Faces a Slight Revenue Dip in Q3, Eyes Optimistic Growth in AI Spending

Wipro reports a slight revenue decline in Q3 but remains optimistic about AI spending growth and operational efficiency. The company focuses on cost optimization and strategic work...

Business

Breaking: New Direct Tax Law to Simplify Income Tax Act in Upcoming Budget Session

Finance Minister Nirmala Sitharaman is set to introduce a new direct tax law in the upcoming budget session, aiming to simplify the 63-year-old Income Tax Act by removing redundant...

Business

JSW Group Accelerates Clean Mobility with a Massive Rs 17,000 Crore Investment

JSW Group announces a Rs 17,000 crore investment in clean mobility, including expansion of its JV with MG Motor and launch of a new 'JSW' brand. Plans include new factories in Guja...

Business

China Implements New Restrictions to Halt Apple and BYD's Manufacturing Shift Amid Trade Tensions

China is tightening controls on the movement of employees and equipment for high-tech manufacturing to India and Southeast Asia, affecting companies like Apple and BYD. This strate...

Business

Walgreens Faces Nationwide Lawsuit Over Alleged Unlawful Prescription Practices

The U.S. Department of Justice has filed a lawsuit against Walgreens for allegedly dispensing millions of prescriptions without a legitimate medical purpose, including excessive qu...

Business

FTC Flags Antitrust Issues in Microsoft-OpenAI Collaboration: A Threat to Fair Competition?

The FTC has raised antitrust concerns over the Microsoft-OpenAI collaboration, fearing it could hinder fair competition by creating monopolistic barriers and depriving start-ups of...

Business

TikTok CEO Expresses Gratitude Toward Trump Following Supreme Court Decision

TikTok CEO Shou Zi Chew thanks former President Donald Trump for his support in keeping TikTok available in the US, amidst a Supreme Court ruling upholding a ban that the Biden adm...