Business News

Business

Axis Bank Reports 4% Profit Rise Amid Challenges, Falling Short of Analyst Expectations

Axis Bank reports a 4% increase in net profit for the December quarter, reaching Rs 6,304 crore, though it falls short of analyst expectations. The bank's net interest margin was u...

Business

Amazon Streamlines Operations: 200 Jobs Cut in Fashion and Fitness Division

Amazon.com Inc. has reportedly cut around 200 jobs in its Fashion and Fitness group as part of a restructuring effort to better align with company priorities, unrelated to the clos...

Business

Senate's Schumer Pledges to Safeguard TikTok Amid National Security Concerns

Senate Minority Leader Chuck Schumer vows to protect TikTok's operation in the U.S., amidst legislative efforts and opposition over national security concerns. Schumer emphasizes t...

Business

Microsoft 365 Plans Now Feature AI Tools with Increased Subscription Prices

Microsoft integrates AI tools, Microsoft Copilot and Designer, into its 365 personal and family plans, offering enhanced features at an additional cost, with the flexibility to opt...

Business

SpaceX Achieves Milestone with Seventh Starship Flight Test: A Leap Toward the Future

SpaceX launched its seventh Starship test flight, successfully catching the Super Heavy booster mid-air but faced a setback with the upper stage. The company remains committed to r...

Business

Revolutionizing Digital Services: Reliance Jio and Polygon Labs Unite for Web3 Innovation

Reliance Jio partners with Polygon Labs to integrate Web3 and blockchain into its services, aiming to enhance privacy, control, and access to innovative digital experiences for its...

Business

Constelli, a Hyderabad-based Aerospace Startup, Raises $3 Million in Pre-Series A Funding

Hyderabad-based aerospace and defense startup Constelli has raised $3 million in pre-series A funding led by Pravega Ventures. The funds will be used for R&D and capital expenditur...

Business

Zen Technologies Achieves Milestone with Design Registration for Revolutionary 60mm Mortar Training Simulator

Zen Technologies Limited has secured design registration for its 60mm mortar training simulator, offering an immersive and realistic training experience. This innovation reduces co...