Rupee Plunges to Historic Low: 6th Consecutive Day at 85.2/$
The Indian rupee hit an all-time low for the sixth consecutive trading session, closing at 85.20 against the US dollar. Factors contributing to the decline include rising US bond y...
Business News
India's Insurance Penetration Dips: A Closer Look at the Numbers
India's insurance penetration has declined for the second year in a row, reaching 3.7% in FY24. This contrasts with global trends of increasing insurance penetration, highlighting ...
Lyft Sues San Francisco Over Alleged $100 Million Tax Overcharge
Lyft Inc. has launched a legal battle against San Francisco, accusing the city of improperly levying $100 million in taxes over the past five years. The lawsuit claims that San Fra...
Toyota Joins Inauguration Donations, Announces Merger Talks with Honda
Toyota donates $1 million for Trump's inauguration and announces merger talks with Honda, following Ford's similar donation and tech giants' contributions.
UltraTech Cement Acquires India Cements, Strengthening Market Dominance
UltraTech Cement has acquired India Cements, making it a subsidiary and integrating its 14.5 million tonnes capacity into UltraTech's 155 MTPA. This move strengthens UltraTech's ma...
OpenAI Explores Humanoid Robot Development, But Focus Remains on AI Models
OpenAI is reportedly considering developing a humanoid robot, but its main focus remains on enhancing AI models and creating AI agents for software engineering and data analysis au...
Razorpay Extends Rs 1 Lakh ESOPs to All 3,000 Employees
Razorpay announced it is extending employee stock options worth Rs 1 lakh to each of its over 3,000 staffers, reflecting the company's commitment to an employee-first ethos.
AstraZeneca's EU Lung Cancer Drug Application Withdrawn Amid Mixed Trial Results
AstraZeneca and Daiichi Sankyo withdraw their EU marketing authorization application for datopotamab deruxtecan due to mixed trial results, but remain committed to ongoing research...
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