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Business

End of an Era: Microsoft Closes Skype After 21 Years, Shifts Focus to Teams

Microsoft has officially retired Skype after 21 years, shifting focus to Microsoft Teams. Users can migrate their accounts seamlessly. Skype's decline was due to its outdated techn...

Business

Exclusive: 3G Capital's $8.2 Billion Deal to Take Skechers Private Marks a New Era

3G Capital is set to acquire Skechers in a $8.2 billion deal, offering a 30% premium per share. Skechers will go private, with CEO Robert Greenberg staying on to lead. The transact...

Business

Bessent Highlights China as Central to Trump's Trade Strategy Amid Economic Resilience

US Treasury Secretary Scott Bessent identifies China as a central element in Trump's trade strategy during the Milken Conference, highlighting the US economy's resilience and its a...

Business

Azad Engineering Secures a $53.5 Million Deal with GE Vernova for Advanced Power Solutions

Azad Engineering has signed a $53.5 million contract with GE Vernova’s steam power services unit to supply advanced airfoils for power generation, marking a significant milestone i...

Business

Mahindra & Mahindra Reports Stellar 13.34% Profit Surge to Rs 3,542 Crore in Q4, Driven by Auto and Farm Sectors

Mahindra & Mahindra Ltd reported a 13.34% increase in Q4 net profit to Rs 3,542 crore, driven by strong performance in auto and farm sectors. The company also announced plans to ex...

Business

India Proposes Groundbreaking Zero-for-Zero Tariff Deal with US on Steel and Auto Parts

India proposes a zero-for-zero tariff deal with the US on steel, auto parts, and pharmaceuticals, aiming for a swift trade agreement amidst global trade tensions. Discussions inclu...

Business

3G Capital Strikes $8.2 Billion Deal to Take Skechers Private in a Major Footwear Industry Move

Private equity firm 3G Capital has agreed to acquire Skechers USA Inc. for $8.2 billion, offering $63 per share, a 30% premium. The deal, expected to close in Q3 2025, will see Ske...

Business

After 21 Years, Microsoft Bids Farewell to Skype, Paving the Way for Teams

Microsoft officially retires Skype after 21 years, transitioning users to Microsoft Teams. Despite its global success, Skype's outdated technology led to its shutdown, marking a si...