Business News

Business

Adani Power Reports 16% Drop in Q1 Net Profit Amid Challenges in Tariffs and Costs

Adani Power Ltd reports a 15.53% decline in Q1 net profit to Rs 3,305 crore, facing challenges from lower tariffs and higher costs. Despite this, strategic acquisitions and operati...

Business

Global Trading Giant Jane Street Faces Legal Hurdles in India Over Tax Evasion and Market Manipulation

Jane Street, a global trading firm, is under scrutiny in India for not cooperating with an Income Tax probe and manipulating markets, leading to legal actions and investigations.

Business

Karnataka Government Demands Answers from TCS Over Massive 12,000 Job Cuts

The Karnataka government has asked TCS for an explanation over its decision to lay off 12,000 employees, sparking debates on employment practices and working conditions in the tech...

Business

August 1, 2025 Gold Market Insight: Why Experts Recommend a 'Sell on Rise' Strategy Amidst Trade Policy Uncertainties

Gold futures face pressure as MCX Gold October Futures struggle amid trade policy news. Experts recommend a 'Sell on Rise' strategy near ₹99,000, with technical indicators suggesti...

Business

Ford Announces Major Recall of 312,120 Vehicles in US Due to Critical Power Brake Issue

Ford Motor Company recalls 312,120 vehicles in the US due to a power brake assist issue that may increase stopping distances and crash risks. Affected models include certain 2025 L...

Business

Nvidia Firmly Denies Allegations of Hidden 'Backdoors' in Its Chips Amid Chinese Security Concerns

Nvidia Corp. has denied claims of 'backdoors' in its chips after discussions with Chinese officials over security concerns, asserting its products do not allow unauthorized remote ...

Business

Daimler Truck Faces a Challenging Q2: Revenue Drops 5% to €12.6 Billion Amid Market Shifts

Daimler Truck's Q2 2025 financial results show a 5% revenue drop to €12.6B, with net profit down 61%. Despite challenges, the company aims for resilience and profitability in Truck...

Business

Nintendo's Stellar Q1 2026 Performance: Net Sales Soar by 132% to $3.8B

Nintendo Co., Ltd reports a 132.1% increase in Q1 2026 net sales to $3.8B, with net profit up by 18.6%. The launch of Nintendo Switch 2 contributed to a 142.5% surge in platform sa...