Business News

Business

Nissan Reports Slight Revenue Dip to ¥12.6T in FY2024 Amidst Net Loss Challenges

Nissan Motor Corporation reported a slight revenue decrease to ¥12.6 trillion in FY2024, with a significant net loss of ¥670.9 billion, contrasting sharply with the previous year's...

Business

Bayer AG Shares Soar 11% Following Stellar Q1 Earnings Report and Positive 2025 Outlook

Bayer AG's shares surged over 11% after reporting Q1 2025 earnings that exceeded expectations, with revenues at €13.7 billion. CEO Bill Anderson reaffirmed the 2025 outlook, showca...

Business

Tensions Soar: IndiGo and Air India Cancel Flights to Multiple Indian Airports Amid India-Pakistan Standoff

Amid India-Pakistan tensions, Air India and IndiGo cancel flights to multiple airports, disrupting travel plans. Enhanced security and airspace restrictions add to the challenges, ...

Business

Honda's Fiscal Year Profits Take a 24.5% Dive Amid Global Tariff Uncertainties

Honda Motor Co. Ltd. reports a 24.5% drop in fiscal year profits to ¥835.8 billion, with earnings per share falling to ¥178.93. The company anticipates further challenges due to gl...

Business

Honda Pauses Ambitious EV Value Chain Project in Canada Amid Slowing Demand

Honda Motor Co., Ltd. has postponed its plan to establish a comprehensive EV value chain in Canada by two years due to slowing demand. The company aims for EVs to represent 100% of...

Business

SoftBank Group Reports Staggering 666% Net Income Growth to ¥1.6T in Fiscal 2024

SoftBank Group Corp. announced a 7.2% increase in net sales to ¥7.24 trillion and a staggering 666% growth in net income to ¥1.6 trillion for fiscal 2024. The company also reported...

Business

Infosys Employees Face Reduced Bonuses in March 2025: A Deep Dive into the IT Giant's Financial Challenges

Infosys employees are bracing for lower bonus payouts in the March 2025 quarter due to an 11.7% decline in net profit. The company has signaled reduced performance bonuses, attribu...

Business

Gold Prices Experience Sharp Decline: MCX Gold June Futures Drop to Rs 92,975/10 Grams Amid Easing Tensions

Gold prices have seen a significant drop, with MCX Gold June futures falling to Rs 92,975/10 grams, a decrease of nearly Rs 6,500 from its peak. Silver contracts, however, showed r...