Business News

Business

Sam Altman Clashes with Elon Musk Over AI Dominance and Future Visions

OpenAI CEO Sam Altman criticizes Elon Musk's legal actions, attributing them to Musk's discomfort with not leading in AI. Altman shares his vision for personalized AI assistants an...

Business

Alibaba Advances Toward Unified Identity: A Strategic Move to Integrate Its Diverse Business Units

Alibaba Group is enhancing integration among its business units by unifying internal communications and identity systems, aiming for long-term collective value over isolated gains,...

Business

India Seeks to Narrow Trade Tariff Gap with US to Under 4%, Aims for Exemption from Trump's Tariffs

India proposes reducing its tariff differential with the US to under 4% from 13%, seeking exemption from Trump's tariffs. The move aims to strengthen bilateral trade, currently fav...

Business

Union Bank Reports Stunning 50% Profit Jump in Q4, Warns of Future Margin Challenges Amid RBI Rate Cuts

Union Bank of India reports a 50% surge in Q4 net profit to Rs 4,985 crore, driven by higher non-interest income and lower provisions. However, it warns of margin pressures from ex...

Business

Surge in Global Demand Drives Up Basmati Rice Prices, Exporters Dismiss India-Pakistan Tensions as Factor

The All India Rice Exporters Association attributes the recent Basmati rice price increase to global demand surges, dismissing any impact from India-Pakistan tensions. Varieties 15...

Business

Amid Rising India-Pakistan Tensions, Telecom Operators Ensure Uninterrupted Connectivity with Vigilant Measures

Indian telecom operators have taken immediate steps to ensure uninterrupted connectivity amid India-Pakistan tensions, including 24/7 monitoring and diesel supplies for towers. The...

Business

LG Electronics Launches Rs 5,000-Crore Mega Plant in Andhra Pradesh, Marking a New Era in Indian Manufacturing

LG Electronics starts construction on a Rs 5,000-crore manufacturing plant in Andhra Pradesh, aiming to boost its presence in India's fast-growing consumer market with high-end pro...

Business

Exclusive: Sunil Mittal Eyes $2 Billion Haier India Stake to Dominate Appliance Market

Billionaire Sunil Mittal is in advanced talks to acquire a 49% stake in Haier India, a deal valued at $2 billion, aiming to leverage the growing demand for household appliances in ...