Bank of America reports a 112% surge in Q4 net income to $6.7 billion, with EPS and revenue also exceeding expectations. CEO Brian Moynihan highlights the bank's strong finish to 2...
BP plc is set to reduce its global workforce by 4,700 employees and cut 3,000 contractor positions as part of its cost-cutting strategy. The company anticipates a drop in fourth-qu...
FICCI revises India's GDP growth forecast to 6.4% for FY 2024-25, with inflation expected at 4.8%. The report highlights sector-wise growth, inflation trends, and the potential for...
Google CEO Sundar Pichai targets 500 million users for Gemini AI by 2025, aiming to surpass competitors like OpenAI's ChatGPT. Despite trailing in app downloads, Google's ambitious...
UnitedHealth Group Inc. reports a 6% revenue increase to $100 billion in Q4 2024, with net earnings up by 1.9%. Despite missing analysts' expectations, the company shows resilience...
Hindenburg Research's shutdown raises questions on the ethics and legality of short-selling practices. Experts highlight the firm's predatory approach and the need for regulatory o...
Rubrik, a US cybersecurity company, is expanding its presence in Bengaluru with a new facility set to open mid-year. The company, founded by Indian-origin professionals, aims to in...
The Union Cabinet has approved the 8th Pay Commission, promising a salary hike for central government employees. With the 7th Pay Commission valid until 2026, the new commission ai...
