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Business

Karur Vysya Bank Faces Massive Rs 160 Crore Demand from Income Tax Department

The income tax department demands Rs 160 crore from Karur Vysya Bank for the 2022-23 fiscal year, with the bank planning to appeal the decision, confident in its legal defense.

Business

EaseMyTrip Ventures into Aviation with 49% Stake in Big Charter Pvt Ltd: A New Era for Indian Air Travel

EaseMyTrip.com is set to acquire a 49% stake in Big Charter Pvt Ltd, marking its entry into the Indian charter aviation market. This strategic move aims to offer more personalized ...

Business

Apple Commits 720 Million Yuan to Boost Clean Energy in China, Aims for 100% Renewable Supply Chain by 2030

Apple announces a 720 million yuan investment in a clean energy fund in China, aiming to power its entire supply chain with renewable energy by 2030. The fund will add significant ...

Business

Ant Group Strategically Blends US and Chinese Semiconductors to Slash AI Development Costs

Ant Group Co. Ltd. is leveraging semiconductors from both the US and China to cut AI development costs and reduce dependence on single suppliers like Nvidia, while introducing upgr...

Business

Hyundai Motor Group to Unveil $20 Billion US Investment Strategy Amid Trade War Fears

Hyundai Motor Group is poised to announce a $20 billion investment in the US, including a $5 billion steel production facility, as a strategic move to navigate upcoming trade tarif...

Business

Germany's Bold €5 Billion Decarbonization Plan Gets Green Light from EU

The European Commission has approved Germany's €5 billion decarbonization scheme aimed at reducing CO2 emissions through carbon capture and hydrogen use, setting strict reduction t...

Business

Strategic Move: Company Invests $584.1M in Bitcoin, Acquiring 6,911 Coins Amid Market Fluctuations

Strategy, formerly MicroStrategy, has made a hefty investment in Bitcoin, purchasing 6,911 coins for $584.1 million. This acquisition boosts their total Bitcoin holdings to over 50...

Business

Discover the Best Credit Cards for Your International Summer Travels - Top 5 Picks

Explore the top 5 credit cards for international travel this summer, offering low forex markup fees and exclusive lounge benefits. Perfect for Indian travelers seeking convenience ...