Business News

Business

Infosys Elevates FY25 Revenue Forecast Amid Strong Demand in Financial Services

Infosys has raised its FY25 revenue forecast to 4.5-5%, reflecting strong demand in financial services and easing discretionary spending pressures. Despite a positive outlook, the ...

Business

LTIMindtree Reports a Steady 6% Revenue Growth in the Latest Quarter

LTIMindtree reports a 5.6% year-on-year revenue growth for the December quarter, with a sequential increase of 1.8%. Operating margins saw a slight dip, but the company continues t...

Business

The Enduring Appeal of Small, Affordable Cars in India's Auto Market

Maruti Suzuki reaffirms its commitment to small, affordable cars in India, despite the SUV trend. Toshihiro Suzuki discusses future leadership possibilities, the competitive auto m...

Business

Binod Kumar Appointed as New MD and CEO of Indian Bank, Succeeding Shanti Lal Jain

Indian Bank welcomes Binod Kumar as its new MD and CEO, replacing Shanti Lal Jain. Kumar, with a rich background at PNB, is set to lead the bank into a new chapter of growth and in...

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...