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Business

Surge in Domestic Passenger Traffic: March Records High with 7-10% Growth Projected for FY26

Domestic passenger traffic in March showed significant growth, with FY2025 surpassing pre-Covid levels. FY2026 projections remain optimistic despite challenges like ATF prices and ...

Business

Breaking: ED Detains Gensol Co-founder Puneet Singh Jaggi in Financial Misconduct Probe

The ED raided Gensol Engineering Ltd's offices, detaining co-founder Puneet Singh Jaggi over alleged financial misconduct. Investigations reveal possible fund diversion into shell ...

Business

Adobe Unveils Groundbreaking AI Image Generation Models for Firefly App on iOS and Android

Adobe announces new AI models for its Firefly app, including Firefly Image Model 4 and Ultra, and partners with Google and OpenAI to expand creative tools. Adobe Express also gets ...

Business

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strong Earnings Growth

Merck & Co., Inc. reports a 2% decrease in Q1 sales to $15.5 billion for fiscal 2025, alongside a 7% rise in net income and EPS. CEO Robert M. Davis highlights progress in medicine...

Business

Nissan Faces Staggering $5.3B Net Loss in 2024 Amid Turnaround Plan Costs

Nissan Motor Co., Ltd. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while maintaining a solid cash position.

Business

P&G Reports a Slight Dip in Q3 Sales to $19.8B Amid Market Adjustments

Procter & Gamble Co. reports a 2% decrease in Q3 2025 net sales to $19.8B, with stable net earnings at $3.8B. The company anticipates a 6% to 8% EPS growth for fiscal 2025, adjusti...

Business

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a 0.2% revenue drop to $12.6B in Q1 2024, with a net loss of $473M. The airline withdraws full-year guidance due to economic uncertainties, while CEO rema...

Business

UPS Expands Healthcare Logistics with $1.6 Billion Acquisition of Andlauer Healthcare Group

UPS announces a $1.6 billion acquisition of Andlauer Healthcare Group, enhancing its cold chain logistics capabilities for the healthcare sector. The deal, offering AHG shareholder...