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 News
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...
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 ...
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In a significant development, SECI has withdrawn its three-year ban on Anil Ambani-led Reliance Power (R-Power) from bidding for projects.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...
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...
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...
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...
Sebi Orders Trafiksol to Refund IPO Funds Amid Fraud Allegations
Sebi has directed Trafiksol ITS Technologies to refund the Rs 44.9 crore paid by investors in its IPO, citing fraud. The Bombay Stock Exchange will oversee the refund process, whic...
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