The CBDT has announced that expenditures for settling legal proceedings under four specific laws cannot be claimed as tax deductions, affecting businesses and professionals in Indi...
Devyani International, known for operating KFC, Pizza Hut, and Costa Coffee, is set to acquire an 80.7% stake in Sky Gate Hospitality for Rs 419.6 crore, expanding its footprint in...
IndiGo appoints former FAA chief Michael Whitaker as an independent director, signaling its global expansion plans. Whitaker's return to InterGlobe Enterprises brings valuable avia...
The Enforcement Directorate detains Puneet Jaggi of BluSmart for alleged FEMA violations, investigating fund diversion for foreign exchange. The Jaggi brothers, previously penalize...
Banco BPM has rejected UniCredit's $14.8 billion merger proposal, deeming it inadequate for its investors. Chairman Massimo Tononi cited unfulfilled conditions as a major concern. ...
Meta Platforms Inc. has laid off employees in its Reality Labs division, primarily affecting Oculus Studios and some hardware teams. The restructuring aims to improve efficiency fo...
Intel Corporation reported a steady Q1 revenue of $12.7 billion for fiscal year 2025, unchanged from the previous year, but faced a net loss of $0.8 billion. The company projects a...
Alphabet Inc. announces a 12% revenue increase to $90.23B in Q1 2025, with net income up 31.5% to $34B. Cloud and services revenue hit $12B and $32.6B, respectively. CEO highlights...
