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Business

Tesla's Optimus Robot Production Lags Behind 2025 Goals, Raising Industry Eyebrows

Tesla Inc. is reportedly behind schedule in producing its Optimus humanoid robots for 2025, with only a few hundred made against a target of 5,000. Elon Musk remains optimistic abo...

Business

Morgan Stanley Shakes Up Leadership: New CEO and Key Appointments at Direct Lending Fund

Morgan Stanley Direct Lending Fund announces CEO Jeffrey Levin's resignation, with Michael Occi stepping in as the new CEO. The fund also appoints Ashwin Krishnan as CIO and Orit M...

Business

SBI Card Faces 6.4% Profit Drop in Q1FY26 Amid Rising Defaults and Provisions

SBI Cards reports a 6.4% decline in net profit for Q1FY26 due to higher impairment losses and bad debts, despite a 12% increase in total revenue. Asset quality shows marginal deter...

Business

Bank of Baroda Reports Modest 1.9% Rise in Q1 FY26 Net Profit Amidst Challenges

Bank of Baroda reports a 1.9% rise in Q1 FY26 net profit to Rs 4,541.4 crore, amidst challenges like higher provisions and a dip in net interest income. Growth in deposits and adva...

Business

Tesla Accelerates Robotaxi Launch: San Francisco to Welcome Autonomous Rides This Weekend

Tesla is gearing up to launch its robotaxi service in San Francisco this weekend, with plans to cover the Bay Area and beyond. Selected customers will get a first look at the futur...

Business

GPT-5 Set to Revolutionize Coding and Reasoning with Major AI Breakthroughs

OpenAI's GPT-5 is making waves with its advanced capabilities in software engineering and reasoning, promising a significant leap forward in AI technology. Early tests show it outp...

Business

Sharp Decline in Hiring at Major IT Firms: Unraveling the Slowdown in India's $283-Billion Outsourcing Industry

The June quarter revealed a sharp 72% decline in hiring at India's top IT firms, signaling a significant slowdown in the $283-billion outsourcing industry. This trend is attributed...

Business

How Digital Tax Tools Are Transforming Financial Compliance Across India's Urban and Rural Divide

Digital tax platforms like FixMyTax are simplifying financial compliance in India, especially for rural and semi-urban areas, by combining digital services with expert support. The...