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Business

Tesla Accelerates into India: First Showroom Launches in Mumbai with Model Y Starting at Rs 61 Lakh

Tesla officially debuts in India with its first showroom in Mumbai, unveiling the Model Y at Rs 61 lakh. The company focuses on sales rather than manufacturing, amidst discussions ...

Business

Exclusive: VIP Industries' Major Stake Sale - A New Era for the Luggage Giant

Private equity and investors consortium acquires 32% stake in VIP Industries from Dilip Piramal for Rs 1,763 crore, with an open offer for another 26%. Dilip Piramal reduces his st...

Business

Veteran R Doraiswamy Steps Up as New CEO of LIC, Marking a New Era for India's Insurance Giant

R Doraiswamy, a veteran with 39 years at LIC, has been appointed as the new CEO & MD of India's largest life insurer, succeeding Sat Pal Bhanoo. His leadership is expected to usher...

Business

Wipro Consumer Care and Lighting Announces Kumar Chander as New CEO Starting February 1

Wipro Consumer Care and Lighting (WCCL) names Kumar Chander as the new CEO, succeeding Vineet Agrawal, effective February 1 next year. Chander's current role as President for South...

Business

HCLTech Adjusts Financial Forecasts: A Closer Look at Revenue Growth and Margin Challenges

HCLTech revises its FY26 revenue growth forecast to 3-5%, citing improved demand. Despite challenges, the company is investing in GenAI and adjusting margin expectations due to Q1 ...

Business

Nvidia Anticipates US Approval to Resume H20 AI Chip Sales in China, Unveils New Compliant GPU

Nvidia is seeking US government approval to restart sales of its H20 AI chips in China, with CEO Jensen Huang announcing a new compliant GPU designed for the Chinese market, aimed ...

Business

Nvidia CEO Jensen Huang to Spotlight Innovation at China's Premier Supply Chain Expo

Nvidia CEO Jensen Huang is attending China's international supply chain expo, where he will speak and engage with media, underscoring the event's significance in global tech and su...

Business

Ola Electric Faces Sharp Revenue Drop: A 49.6% Decline in Q1 Sparks Industry Concerns

Ola Electric reports a dramatic 49.6% decline in Q1 revenue, falling to Rs 828 crore from Rs 1,644 crore year-over-year, despite a 36% sequential increase. The company's financial ...