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Business

Tesla Surges 10% Amid US Regulatory Ease, Sparks India Market Entry Speculations

Tesla's stock jumps 10% after US eases regulations on autonomous vehicles, while refunds in India hint at market entry. Despite the surge, Tesla's year-to-date stock performance re...

Business

India's Economic Optimism Grows: Business Confidence Index Rises to 139.3 in Q4

India's Business Confidence Index (BCI) rose to 139.3 in Q4 of FY2024-25, reflecting steady optimism among businesses. The index, based on economic expectations, financial position...

Business

India's Fiscal Strength Shines: Direct Tax Collections Jump 15.6% to Rs 27 Lakh Crore in 2024-25

India's direct tax collections grew by 15.59% to Rs 27.02 lakh crore in 2024-25, driven by higher corporate and non-corporate taxes and a surge in securities transaction tax receip...

Business

Apple Plans Major Shift: Moving US iPhone Production to India by 2026 Amid China Tensions

Apple Inc. is considering a major shift in its supply chain by moving all US-bound iPhone production to India by 2026, as part of its strategy to reduce dependence on China amid US...

Business

SLB Reports a 3% Dip in Q1 Revenue Amid Global Market Challenges

SLB announced a 3% year-on-year revenue decline in Q1 2025 to $8.49 billion, missing expectations. Net income dropped by 25%, and EPS fell by 22%. CEO cited mixed global performanc...

Business

Colgate-Palmolive Q1 2025: A Surprising Beat on Earnings Despite Sales Dip to $4.9B

Colgate-Palmolive Co. reported a 3.1% decrease in Q1 2025 net sales to $4.9 billion but beat analysts' expectations with a 2% EPS increase to $0.85. The company forecasts 2%-4% org...

Business

Meta's Llama AI Takes Off to the ISS: A New Era for Space Research and Open Source Innovation

Meta Platforms Inc. is sending its open-source AI model, Llama, to the ISS National Lab in collaboration with Booz Allen Hamilton. This initiative aims to support astronauts in sci...

Business

Google Braces for Second Antitrust Trial This September Amid Growing Legal Challenges

Google is reportedly facing another antitrust trial in September, as per a proposal by Google and the DOJ. This adds to its existing legal woes, including a case focusing on its se...