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Business

United Breweries Reports a 6% Surge in Q1 Profits, Reaching Rs 184 Crore Amidst Robust Demand

United Breweries Ltd (UBL) reported a 6% increase in Q1 net profit to Rs 184 crore, driven by an 11% volume growth and 46% surge in premium beer sales. Revenue rose 16% to Rs 5,380...

Business

India and EFTA Bloc Seal Historic $100 Billion Trade Pact, Set to Launch October 1

India has ratified the TEPA with the EFTA bloc, securing a $100 billion investment over 15 years. The agreement, effective from October 1, 2024, will reduce import duties on Swiss ...

Business

Deepinder Goyal's Wealth Soars: Blinkit's Rapid Growth Adds Rs 2,000 Crore in Just Two Days

Deepinder Goyal's net worth skyrocketed by Rs 2,000 crore as Blinkit's growth propelled Eternal's shares to a record high, marking a significant shift in India's quick-commerce lan...

Business

Composio Secures $25M in Series A Funding to Revolutionize AI Learning Infrastructure

Composio, a San Francisco-based AI infrastructure startup, has raised $25 million in Series A funding led by Lightspeed Venture Partners. The startup, founded by Soham Ganatra and ...

Business

Coca-Cola's India Business Faces Challenges Due to Early Monsoons and Geopolitical Tensions

Coca-Cola's business in India faced challenges due to early monsoons and a brief India-Pakistan conflict, leading to a decline in sales. The company remains bullish on India's mark...

Business

Microsoft Strengthens AI Ambitions by Poaching Top Talent from Google's DeepMind

Microsoft has hired nearly two dozen AI researchers from Google's DeepMind, including founder Mustafa Suleyman, as part of its aggressive push into artificial intelligence. This mo...

Business

Meta Expands AI Expertise by Hiring Three Top Researchers from Google DeepMind

Meta Platforms Inc. has hired three AI researchers from Google DeepMind, enhancing its AI team. The researchers, involved in Google's Gemini model, bring expertise that could signi...

Business

Sam Altman Predicts Unpredictable Future of AI on Jobs: What Comes Next?

OpenAI CEO Sam Altman discusses the unpredictable effects of AI on the job market, suggesting that while some jobs will vanish, new opportunities will arise, transforming professio...