Business News

Business

Ferrero Expands Its Empire: Acquires Kellogg's Cereal Business in a Groundbreaking $3.1 Billion Deal

Ferrero, the Italian candy maker behind Nutella, has agreed to acquire WK Kellogg in a $3.1 billion deal, expanding its footprint in the North American cereal market amidst declini...

Business

UK Invests $191 Million in Eutelsat to Challenge Elon Musk's Starlink in Satellite Communications

The UK government invests $191 million in Eutelsat, joining Bharti Space's $176 million commitment to challenge Starlink. This strategic move enhances Eutelsat's position in the co...

Business

NHAI Unveils Massive 3.4 Lakh Crore Highway and Expressway Projects for 2025-26

NHAI announces a massive Rs 3.4 lakh crore plan to bid out 124 highway and expressway projects in 2025-26, aiming to overcome recent slowdowns and boost India's infrastructure deve...

Business

Canara Bank Removes 'Fraud' Classification from Reliance Communications Loan Account Amid Legal Dispute

Canara Bank has retracted its 'fraud' classification of Anil Ambani's Reliance Communications loan account following a legal challenge, amid ongoing insolvency proceedings and alle...

Business

OpenAI Accuses Nonprofit of Secret Ties to Elon Musk in Lobbying Scandal

OpenAI files a complaint against CANI for alleged lobbying law violations and secret ties to Elon Musk, questioning the nonprofit's transparency and leadership.

Business

TCS Reports First Revenue Drop in Over 4 Years: A Deep Dive into Q1 Performance

TCS reports its first year-on-year revenue decline in over four years, citing weak macroeconomic conditions and the end of the BSNL deal. CEO remains optimistic for FY26.

Business

SBI Eyes Historic $2.9 Billion Share Sale to Fuel Growth and Strengthen Balance Sheet

SBI is preparing for a landmark share sale to raise Rs 25,000 crore ($2.9 billion), potentially the largest QIP in India's history. Aimed at supporting loan growth and regulatory c...

Business

Indian Stock Market Dips: Nifty50 and BSE Sensex Open Lower Amid Global Uncertainties

Indian stock markets opened lower with Nifty50 and BSE Sensex dipping due to global uncertainties and Trump's tariff moves. Experts highlight the outperformance of large caps and s...