Business News

Business

BP Faces a Tough Quarter: Profits Dive 69% Amid Market Challenges

BP plc reports a 69% drop in Q1 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highlights...

Business

Alibaba Unveils Revolutionary Qwen 3 AI Model: A Leap Forward in Hybrid Thinking Technology

Alibaba Group launches the Qwen 3 series of large language models, showcasing major advances in AI performance, scalability, and efficiency. The flagship model excels in benchmarks...

Business

Record Influx: Foreign Investors Pour $4.11 Billion into Indian Equities, Marking Longest Buying Spree Since 2023

Foreign investors have committed $4.11 billion to Indian equities over nine sessions, the longest streak since July 2023, driven by optimism over US trade deals and India's economi...

Business

Breaking Records: NMDC Steel's Nagarnar Plant Surpasses Production Goals with Unprecedented Efficiency

NMDC Steel Ltd's Nagarnar plant has achieved unprecedented production milestones, setting new benchmarks across its operations. The plant's raw material handling system, coke oven,...

Business

Dr Reddy's and Sanofi Collaborate to Launch Revolutionary RSV Drug Beyfortus in India

Dr Reddy’s Laboratories partners with Sanofi to introduce Beyfortus, a groundbreaking RSV drug, in India. Approved globally and now in India, it aims to protect infants from severe...

Business

CtrlS Announces Major Rs 500 Crore Investment in Cutting-Edge Greenfield Data Centre in Bhopal

CtrlS Datacenters Ltd plans a Rs 500 crore investment in a greenfield 12mw data centre in Bhopal, expected to boost the digital ecosystem with advanced AI and cloud computing capab...

Business

HSBC Faces a 15% Revenue Drop in Q1 2025 Amid Global Economic Uncertainties

HSBC Holdings plc announced a 15% revenue drop to $17.6 billion in Q1 2025, with profits before and after tax decreasing significantly. The bank also revealed a $3 billion share bu...

Business

Deutsche Bank Surges Ahead with a 39% Profit Leap to €2B in Q1 2025

Deutsche Bank kicks off 2025 with a 39% surge in Q1 net profit to €2 billion, alongside a 10% rise in net revenues to €8.5 billion, signaling strong financial performance and strat...