Business News

Business

Navigating the Economic Trilemma: Growth, Inflation, and Exchange Rate Stability

New RBI governor Sanjay Malhotra faces the challenge of balancing economic growth, inflation, and exchange rate stability, while also navigating regulatory reforms and addressing d...

Business

Vishal Mega Mart IPO: Key Details, GMP, and Investment Insights

Vishal Mega Mart is set to launch its IPO on December 11, aiming to raise Rs 8,000 crore through an OFS. The public subscription period runs from December 11 to December 13, with s...

Business

Teamviewer's $720 Million Acquisition of 1E: A Strategic Move in IT Solutions

Teamviewer, a German software company, has acquired London-based IT firm 1E for $720 million. The deal, signed with Carlyle Europe Technology Partners, is expected to close early n...

Business

Boeing Announces Layoffs: 396 Jobs to be Cut in Washington State

The Boeing Company is set to lay off 396 staff members in Washington State, as part of its cost-reduction efforts. This move is in line with the company's broader strategy to cut a...

Business

Oracle's Q2 Revenue Surges to $14.1 Billion Amidst AI Boom

Oracle Corporation reported a 9% increase in second-quarter revenue to $14.1 billion, driven by a surge in AI demand. Despite this, the figure slightly missed market forecasts, lea...

Business

OpenAI Unveils Revolutionary AI Video Tool Sora Turbo

OpenAI has launched its AI video-generation tool, Sora, available in the US and internationally. Sora Turbo, a high-end accelerated version, offers enhanced video generation capabi...

Business

Allianz Announces Ambitious Shareholder Dividend Plan

Allianz SE announces a new dividend policy to redistribute 75% of its net income to shareholders via dividends and share buy-backs over the next three years. The German insurer wil...

Business

Amazon and Intuit Strengthen Partnership to Empower Sellers

Amazon.com Inc. and Intuit Inc. expand their strategic partnership to offer Amazon sellers enhanced financial management, regulatory compliance, access to capital, and business exp...