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1 min read

These 8 companies will see their profits hit hardest by Trump tariffs

The former president and now president-elect has been vocal about his support of protectionist poli…

Christine Ji   


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2 mins read

OpenAI is making moves toward becoming a for-profit company

OpenAI is in preliminary talks with the California attorney general's office about the process to b…

Erin Snodgrass   


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3 mins read

OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company

OpenAI plans to restructure into a for-profit public benefit corporation. It will need to show how …

Lakshmi Varanasi   


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Tesla says the Cybertruck is already profitable

Less than a year after the first deliveries, Tesla's Cybertruck turned a profit.

Nora Naughton   


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2 mins read

Waaree's stock tumbles over 5%, hours after listing at a premium of 66.33% on the bourses

​​Waaree's offer worth Rs 4,321.44 crore saw a thumping reception from investors across all categor…

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2 mins read

Hindustan Unilever shares tumble over 6% post Q2 results

Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…

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8 mins read

How investors are about to profit from a tidal wave of new homes

Builders have too many new homes on their hands. But before they slash prices, they have another op…

James Rodriguez   


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2 mins read

Reliance AGM 2024: Company aims to double retail business, Mukesh Ambani says not pursuing short-term profit

Reliance Industries, led by Mukesh Ambani, has laid out ambitious plans during its Annual General M…

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2 mins read

Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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2 mins read

Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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3 mins read

Waaree Energies Limited opens for subscription today. Should you invest?

The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…

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3 mins read

Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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2 mins read

Profits jump at British Airways' owner as rivals struggle with Boeing delivery delays

IAG posted a 15% rise in third-quarter operating profit after increasing passenger revenues and avo…

Pete Syme   


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2 mins read

Disney stock surges as rare 3-year forecast sees strong profit growth ahead

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company …

Kelly Cloonan   


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1 min read

Reliance Industries shares slip by 1% after profit decline in Q2

Shares of Reliance Industries Ltd fell by over 1% after reporting a net profit decline of 5% in the…

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2 mins read

OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.

Billions of dollars hinges on OpenAI transitioning to a for-profit company in under two years. The …

Lakshmi Varanasi   


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2 mins read

Thane family loses Rs 1.2 crore as they get cheated by construction company, details here

A family in Thane, Maharashtra, fell victim to an alleged ₹1.2 crore investment scam orchestrated b…

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2 mins read

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


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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…

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1 min read

Unicorns, Gazelles, Cheetahs: What do these startup animal terms even mean?

Since the early 2010s, animal buzzwords have begun to become somewhat of a norm when describing a s…