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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
Zerodha co-founder Nithin Kamath says bracing for a huge revenue hit even as the company hits ₹8,320 crore revenue in FY24
Zerodha, an Indian financial services firm, is preparing for a potential revenue decline due to upc…
Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
Zomato earned Rs 83 crore from platform fee: What it is, how it benefits the company and how it affects you
Last year, Zomato introduced a platform fee, earning Rs 83 crore by March. This fee, despite making…
AMD CEO Lisa Su says GPU and CPU sales are nearly equal. Wall Street thinks that's not enough.
If the central processing unit was the engine of the first age of computing, the graphics processin…
Emma Cosgrove
As AI innovation takes hold, business leaders need to think cross-functionally and keep learning, says Maggie Hulce, Indeed's chief revenue officer
Maggie Hulce, Indeed's chief revenue officer, says leaders must be open to change and working acros…
Julia Hood
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO
In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with r…
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great s…
Lloyd Lee
Wipro CEO expects revenues to rebound in the next few quarters
After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…
A funny AI video tweeted by Elon Musk risks Xi Jinping's wrath as Tesla rakes in China revenues
An AI clip of Xi walking in Winnie the Pooh robes may seem lighthearted, but Beijing has shown it d…
Matthew Loh
The CEO of a private aviation company explains the 'empty-leg' trick that can make chartering jets cheaper
FlyJets CEO Jessica Fisher said an "empty leg split" can cut the cost of flying private by up to 40…
Taylor Rains
Softbank-backed Saas platform Unicommerce registers 50% revenue growth in FY23
Softbank-backed SaaS platform Unicommerce has registered a 50% growth in revenue driven by onboardi…
PTI
Struggling electric vehicle company Canoo spent twice as much on its CEO's private jet as it pulled in last year
The troubled EV company paid $1.7 million for CEO Tony Aquila's flights last year. Canoo brought in…
Shubhangi Goel
Peloton's CEO steps down as the company cuts 15% of staff
Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
Grace Dean
Avenue Supermarts: Many roadblocks to clear on its growth runway
The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …
Godrej Properties acquires many plots with ₹20,000 crore revenue potential this fiscal
To expand business amid strong housing demand, realty firm Godrej Properties Ltd has acquired multi…
PTI
Target's CEO made 719 times the median employee's pay last year
Target CEO Brian Cornell's total compensation was over $19.2 million last year. The median compensa…
Dominick Reuter
Walmart's CEO made 976 times the median employee's pay last year
Walmart CEO Doug McMillon's total compensation was over $26.9 million last year. The median compens…