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...
Business News
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AstraZeneca's EU Lung Cancer Drug Application Withdrawn Amid Mixed Trial Results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...
India's Robust Forex Reserves: Sustaining 11 Months of Imports and 96% of External Debt
India's forex reserves as of June 2024 are sufficient to meet over 11 months of imports and 96% of external debt, according to the RBI. The reserves have increased by $6.4 billion ...
RBI Bulletin: Indian Economy Shows Signs of Recovery Post Q2 Slowdown
The Indian economy is recovering from Q2 slowdown, driven by strong festival activity and rural demand, according to the RBI Bulletin. Global economy shows resilience with steady g...
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