Adani's Ambuja Cements Plans Bold Merger with Sanghi and Penna
Ambuja Cements, under Gautam Adani's leadership, plans to merge Sanghi Industries and Penna Cement Industries to enhance operational efficiency and achieve economies of scale.
Business News
India's Economy: Temporary Slowdown or Long-term Concern?
Finance Minister Nirmala Sitharaman calls the Q2 economic slowdown a 'temporary blip', assuring healthy growth ahead. She highlights government's inflation management and notes str...
Zerodha Achieves Remarkable Milestone: FY24 Revenue Surpasses $1 Billion
Zerodha, an online brokerage platform, has surpassed $1 billion in revenue for FY24, with a 37% increase in topline and an 89% rise in net profit. The company also reduced employee...
Bain Capital to Launch Fuji Soft Tender Offer Without Board Approval
Bain Capital plans to launch a tender offer for Fuji Soft shares without board approval, expressing concerns over Fuji Soft's response to its proposal.
Japan's Exports Surge in November, Surpassing Market Expectations
Japan's exports grew by 3.8% in November, surpassing expectations and driven by strong global demand. Exports to China rose by 4.1%, while those to the US declined by 8%. The trade...
5% GST Retroactively Imposed on Food Delivery Charges: What You Need to Know
The GST Council is expected to clarify a 5% levy on food delivery charges by apps like Zomato and Swiggy, applying retrospectively from 2022. This move addresses a tax demand of ar...
Salesforce's AI-Powered 'Agentforce' Takes Over: 1,000 Deals Closed and Counting
Salesforce has closed over 1,000 paid deals for its AI-driven platform, Agentforce. The company showcased enhancements to its platform for tasks like recruiting and customer servic...
Grubhub Fined $25 Million for Deceptive Practices: What Happened?
Grubhub has agreed to pay $25 million to settle charges with the FTC over 'unlawful practices' against workers, restaurants, and diners. The FTC accused Grubhub of misleading emplo...
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