Business News

Business

Unlocking Financial Freedom: How EMI Phones Pave the Way for Loan Accessibility

Purchasing mobile phones on EMI has become a crucial step for individuals in the informal sector to enter the formal credit system, establishing a credit history and facilitating a...

Business

LTIMindtree Welcomes Back Venugopal Lambu as CEO: A Strategic Leadership Move

LTIMindtree appoints Venugopal Lambu as its new CEO, marking a strategic leadership change. Lambu, with over 30 years of IT experience, returns to lead the company towards future g...

Business

IndiGo Faces 18% Profit Decline in Q3 Due to Weak Rupee Impact

IndiGo reports an 18% decline in Q3 profit due to the weak rupee, despite a 14.6% increase in total income. The airline plans to expand with long-haul flights this summer, wet-leas...

Business

OpenAI Enhances ChatGPT with O1 Model for Advanced HTML and React Rendering

OpenAI has updated ChatGPT with the O1 model, enabling advanced HTML and React code rendering directly in the chat interface, enhancing coding performance and creative potential fo...

Business

Meta Launches Ad Testing on Threads: A New Era for Social Media Advertising in the US and Japan

Meta Platforms Inc. embarks on testing advertisements on Threads, targeting a select group of advertisers in the US and Japan. This move introduces a new dimension to social media ...

Business

Project Rise Partners Revives Paramount Bid with a $13.5 Billion Offer

Project Rise Partners (PRP) has submitted a new takeover proposal for Paramount Global valued at $13.5 billion, offering a significant premium over Skydance Media's previous bid. T...

Business

Target Corporation Scales Back on DEI Initiatives Amid Changing Corporate Landscape

Target Corporation announces a strategic reduction in its diversity, equity, and inclusion initiatives, aligning with industry trends and adapting to external changes. This decisio...

Business

Venu Lambu Takes the Helm at LTIMindtree: A New Era for the IT Giant

LTIMindtree appoints Venu Lambu as CEO designate, signaling a new growth phase. With extensive IT experience, Lambu aims to drive sales, profitability, and leverage AI benefits in ...