Business News

Business

Breaking Barriers: Aarthi Subramanian Ascends as TCS's First Female COO, Shattering IT Industry's Glass Ceiling

Aarthi Subramanian is set to become the first woman COO of TCS, breaking the IT industry's glass ceiling. Her journey from a graduate trainee to the top executive role highlights h...

Business

Netflix Sets Ambitious Goals: $1 Trillion Market Cap and Doubling Revenue by 2030

Netflix announces ambitious goals to achieve a $1 trillion market cap and double revenue by 2030, with plans to earn $9 billion from ads and increase subscribers to 410 million.

Business

OpenAI Unveils Groundbreaking GPT-4.1 Series: A Leap Forward in AI Technology

OpenAI has launched three new API models, GPT-4.1, GPT-4.1 mini, and GPT-4.1 nano, offering superior performance with larger context windows and enhanced capabilities. These models...

Business

SBI Slashes Interest Rates by 25 Basis Points to Fuel Growth Amid US Tariff Tensions

SBI reduces lending rates by 25 bps following RBI's rate cut, aiming to boost economic growth amid US tariff concerns. Revised rates effective from April 15, 2025, with adjustments...

Business

FY25 Marks the Slowest Diesel Demand Growth in Four Years, Signaling Economic Shifts

Diesel demand growth in FY25 hits a four-year low at 2%, signaling economic slowdown and shift towards petrol, CNG, and electric vehicles. Petrol sales rise by 7.4%, while jet fuel...

Business

Nvidia Unveils Plan to Revolutionize US Tech with AI Supercomputers and Job Creation

Nvidia announces a strategic plan to manufacture AI supercomputers in the US, aiming to create hundreds of thousands of jobs and generate up to $500 billion in AI infrastructure. T...

Business

Meta Advances AI Training in Europe: Leveraging EU User Data for Smarter AI

Meta Platforms Inc. announces the use of EU public content for AI training, focusing on improving understanding of regional languages and cultures, with opt-out options for users.

Business

Goldman Sachs CEO Warns: Rising Recession Risks and Global Economic Slowdown Loom

Goldman Sachs CEO David Solomon warns of heightened recession risks and a potential global economic slowdown, while also commenting on President Trump's gradual approach to trade t...