Business News

Business

Eli Lilly Predicts Robust Revenue Growth, Eyes $58-61 Billion by 2025

Eli Lilly and Company forecasts a significant revenue increase to $58-61 billion by 2025, driven by strong sales of its diabetes and obesity treatments, Mounjaro and Zepbound. CEO ...

Business

India's Domestic Aviation Braces for a Rs 2,000 Crore Hit in FY25 Amid Engine and Supply Chain Woes

India's domestic aviation industry is projected to face a net loss of Rs 2,000 to Rs 3,000 crore in FY25 due to supply chain disruptions and engine issues, despite a 7.3% increase ...

Business

India's Historical Leap Towards Becoming a Developed Nation by 2047: Insights from ITC Chief Sanjiv Puri

ITC Chairman Sanjiv Puri highlights India's transformative reforms and strong macro fundamentals as key drivers towards becoming a developed nation by 2047. With a focus on global ...

Business

Hikal Promoters Unveil Family Arrangement Details Amid Legal Battles with Kalyani Group

Hikal promoters have disclosed family arrangement details to comply with Sebi's LODR, amidst legal battles with the Kalyani group over ownership. Sebi is pushing for greater transp...

Business

Klarna and Stripe Forge Strategic Payment Partnership: A Game-Changer for Buy Now, Pay Later Services

Klarna Bank AB and Stripe Inc. have announced a strategic partnership to integrate Klarna's buy now, pay later service into Stripe's platform. This collaboration is expected to sig...

Business

Amazon Web Services Commits $5 Billion to Fuel Mexico's Tech Revolution

Amazon Web Services (AWS) announces a $5 billion investment in Mexico, aiming to boost the country's GDP by $10 billion and support over 7,000 jobs annually. This move highlights A...

Business

Southwest Airlines Implements Strategic Hiring Freeze and Cost-Cutting Measures

Southwest Airlines introduces cost-saving strategies including a hiring freeze, delayed promotions, and suspension of summer internships to ensure operational efficiency and sustai...

Business

EET Fuels Secures Major $350 Million Investment to Lead the Low-Carbon Refinery Revolution

EET Fuels, part of Essar Oil (UK), secures a $350 million funding boost to advance its low-carbon refinery ambitions. This includes a strategic partnership with Afreximbank and an ...