Business News

Business

Mahindra Finance Reports a 9% Drop in Q4 Profits Amid Rising Credit Costs and Narrowing Margins

Mahindra Finance reports a 9% decline in Q4 profits to Rs 563 crore, attributed to rising credit costs and narrowing margins. Despite growth in net interest income and loan book, i...

Business

Indian Equity Markets Soar: A Staggering Rs 33.55 Lakh Crore Wealth Created in Just Six Days

Indian equity markets have created a staggering Rs 33.55 lakh crore in wealth over six days, with the BSE Sensex and NSE Nifty continuing their bullish run. Key sectors like real e...

Business

Google Halts Chrome's Third-Party Cookies Prompt Amid Antitrust Scrutiny

Google announces it will not launch a new prompt for third-party cookies in Chrome, focusing instead on enhancing privacy features like IP address protection in incognito mode, ami...

Business

Meta Unveils Edits: A Revolutionary Video Creation App for Smartphone Enthusiasts

Meta Platform Inc. launches Edits, a new video creation app with comprehensive editing tools for smartphones, promising future enhancements based on user feedback.

Business

RTX Corp. Reports 5% Sales Growth to $20.3B in Q1 Amidst Dynamic Market Challenges

RTX Corp. reports a 5% increase in Q1 revenue to $20.3 billion, with mixed segment performances and a 10% drop in net income. The company sets a positive 2025 outlook amidst dynami...

Business

Lockheed Martin Surges Ahead: Q1 Net Sales Climb 4.7% to a Staggering $18 Billion

Lockheed Martin reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings up 13.3% to $1.7 billion. CEO Jim Taiclet expresses confidence in meeting full-year f...

Business

Regeneron and Fujifilm Forge $3 Billion Alliance to Revolutionize US Biologic Medicine Production

Regeneron Pharmaceuticals Inc. announces a $3 billion partnership with Fujifilm Diosynth Biotechnologies to boost biologic medicine production in North Carolina, alongside a $7 bil...

Business

Boeing Strikes a Massive $10.5B Deal with Thoma Bravo, Focusing on Digital Aviation Solutions

Boeing announces a $10.55 billion deal with Thoma Bravo LP to sell portions of its Digital Aviation Solutions, retaining core digital capabilities for fleet maintenance and diagnos...