Business News

Business

Oracle's Q3 Fiscal 2025 Revenue Climbs to $14.1 Billion, Marking a 6% Increase

Oracle Corporation reported a 6% increase in Q3 fiscal 2025 revenue, reaching $14.1 billion. The tech giant's growth highlights its strong market position and strategic expansion e...

Business

Why Renault Rejected Honda's Offer for Nissan: A Strategic Misalignment

Renault's Chairman, Jean-Dominique Senard, discusses the company's openness to beneficial partnerships, the strategic misalignment with Honda's offer to Nissan, and potential futur...

Business

Air India Express Soars to New Heights: Fleet Expansion to 100 Planes and 500 Daily Flights by March

Air India Express expands its fleet to 100 planes, aiming for 500 daily flights by March. The airline focuses on tier 2 and 3 cities, integrating with AIX Connect to strengthen its...

Business

Sebi Launches AML and CFT Certification to Strengthen Market Intermediaries' Knowledge

Sebi introduces a certification course on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for market intermediaries, aiming to enhance understanding and ...

Business

Elon Musk Reveals X Social Media Platform Under Massive Cyberattack

Elon Musk has announced that his social media platform, X, is under a massive cyberattack, potentially involving a large, coordinated group or a nation-state. This has caused globa...

Business

Eli Lilly Expands Horizons: Launching Revolutionary Weight Loss Drug in China and India

Eli Lilly & Co. plans to introduce Mounjaro, its diabetes and weight-loss medication, in China, India, Brazil, and Mexico, targeting up to 900 million patients. The move comes as d...

Business

DeepSeek Faces Technical Glitch: R1 Interface Unavailable, Sparks Industry Speculation

DeepSeek, a prominent Chinese AI company, is currently addressing an issue with the unavailability of its R1 model's interface, sparking discussions on the impact and reliability o...

Business

IndusInd Bank Faces a 2.35% Net Worth Hit Due to Uncovered Account Discrepancies

IndusInd Bank anticipates a 2.35% net worth decline by December 2024 due to account discrepancies, despite strong profitability and capital adequacy. The bank has initiated an exte...