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Business

Government Announces Unified Pension Scheme for Staff, Effective April 2025

The Pension Fund Regulatory & Development Authority (PFRDA) has announced the Unified Pension Scheme (UPS) for government employees, effective April 2025, ensuring 50% of the last ...

Business

Irdai Unveils New Insurance Advisory Panel: A Strategic Move for the Future

Irdai has announced the appointment of a new insurance advisory committee, featuring industry veterans like MR Kumar and Dinesh Kumar Khara. This move is set to bring fresh perspec...

Business

Apple Faces Class-Action Lawsuit Over Alleged False Advertising on iPhone Features

Apple Inc. is facing a class-action lawsuit over allegations of false advertising related to the delayed features of its Apple Intelligence-capable devices, with claims of misleadi...

Business

Nike Faces a 9% Drop in Q3 Revenues to $11.3 Billion Amid Global Challenges

Nike Inc. reported a 9% decrease in Q3 revenues for fiscal 2025, totaling $11.3 billion, amidst a 32% drop in net income. Despite global sales challenges, the company's stock rose ...

Business

FedEx Soars with a 2% Revenue Increase to $22.2 Billion in Q3 2025

FedEx Corp. announces a 2% revenue increase to $22.2 billion in Q3 2025, outperforming last year's figures and analyst expectations, showcasing its financial strength and strategic...

Business

Lockheed Martin Links Job Creation in Canada to F-35 Jet Purchases

Lockheed Martin proposes creating more jobs in Canada if the government proceeds with purchasing all F-35 jets under a $14 billion deal, amidst considerations of the JS 39 Gripen a...

Business

Disney Shareholders Unanimously Reelect Board Members Amidst Key Proposals

Disney shareholders have unanimously reelected all board members and approved executive compensation packages, including a $41.1 million pay package for CEO Bob Iger, while rejecti...

Business

Bharat Biotech Expands into Cell and Gene Therapy with a $75 Million State-of-the-Art Facility

Bharat Biotech is investing $75 million in a new cell and gene therapy facility in Hyderabad, aiming to expand its expertise into regenerative and personalized therapies. This move...